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| Exchange Received Time 28/09/2018 19:28:48 Exchange Disseminated Time 28/09/2018 19:28:50 Time Taken 00:00:02 | Further to our letter dated 28 August 2018 regarding the intimation of dispatch of notice of postal ballot dated 7 August 2018 to the shareholders of the Company seeking their approval by means of a special resolution for
the Buy-back of fully paid equity shares of the Company on a proportionate basis through the tender offer method in accordance with the provisions of the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998 (which has been repealed and replaced by the Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018 with effect from 11 September 2018), for an amount not exceeding Rs.9882.75 million ( Rupees nine thousand eight hundred and eighty two million and seven fifty thousand),we wish to inform you that post-closing of the postal ballot voting (including e-voting) on 27 September 2018, the Scrutinizer has submitted the report regarding the results of the postal ballot (including e-voting) on 28 September 2018.
Pursuant to Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ('Listing Regulations'), we wish to inform you that, based on the report submitted by the Scrutinizer, the special resolution in the aforesaid postal ballot notice has been passed with requisite majority by the shareholders of the Company.
We enclose the declaration of results of the Postal Ballot (including e-voting) along with the voting results in the format prescribed under the Listing Regulations. In addition, we enclose a copy of the scrutinizer's report dated
28 September 2018 issued by Mr. S P Nagarajan, Practicing Company Secretary. |
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