Result Of Postal Ballot Pursuant To The Provisions Of Section 110 Of The Companies Act, 2013 Read With Regulation 44 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
The Company had conducted the process of Postal Ballot (including E-Voting) for seeking the consent of the shareholders by means of passing Special Resolution for following matters:
Sale / transfer of undertaking under section 180(1) (a) of the Companies Act, 2013,
Adoption of Articles of Association,
Availing of financial assistance having an option available to the lenders for conversion of such assistance into equity shares of the Company upon occurrence of certain events.
We are also enclosing Scrutinizer”s Report dated June 5, 2018 for your kind reference.