Notice of Postal Ballot
Detail
Bonus Issue Inter alia, has: 1. Considered and recommended issue of Bonus Equity Shares in the proportion of 1:2 i.e. 1 (One) bonus equity share of Rs. 5/- (Rupees Five) each for every 2 (Two) existing equity share of Rs. 5/- (Rupees Five) each fully paid up, held by the shareholders of the Company as on the record date, subject to the approval of shareholders through Postal Ballot. 2. Considered and approved alteration of the Capital Clause (Clause V) of the Memorandum of Association of the Company (MoA) inter alia to accommodate issue of Bonus equity shares. 3. Authorized conducting of the postal ballot process for seeking consent of members of the Company for the Resolutions set out in the postal ballot Notice and approved the postal ballot notice and other matters incidental thereto.