RESULT OF POSTAL BALLOT
Pursuant to Section 192A of the Companies Act 1956( herein after referred to as the Act) read with Companies (Passing of Resolution by Postal Ballot) Rules 2001 approval of members of the Company was sought by means of Postal Ballot vide Notice dated 06th November, 2009 for the following matter:
Item No: 1: Ordinary Resolution under Section 293 (1) (a) of the Companies Act 1956 for selling the Land& Building at Unit No:3 of the Company and shifting the plant and machinery and other operational facilities at unit No:3 to the Surangi Unit of the Company
Based on the Scrutinizer’s Report dated 15th December 2009 Chairman and Managing Director has declared the result of postal ballot as under:
Particulars |
No. of postal ballot forms |
No. of Shares |
a) Total Postal ballot forms received
b) Less Invalid postal ballot forms
(as per Register)
c) Net Valid postal ballot forms
d) Postal ballot forms with assent
for the Resolution
e) Postal ballot forms with dissent
for the Resolution |
420
57
363
325
38 |
7515665
16906
7498759
7491379
7380 |
As the votes cast in favour of resolution is more than three times the votes cast against it, the resolution that is the ordinary resolution as set out in Item No. (1) of the Notice dated 06th November 2009 have therefore been approved by the shareholders with requisite majority.
For RAJ RAYON LIMITED
SD/-
GOURISHANKAR PODDAR
CHAIRMAN & MANAGING DIRECTOR |
