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ELECTROSTEEL CASTINGS LIMITED
Regd. Office: Rathod Colony, Rajgangpur, Sundergarh, Orissa-770017
Declaration of the Results of voting conducted by Postal Ballot in terms of the Notice dated June 22, 2007.
Pursuant to Section 192A of the Companies Act, 1956 read with the Companies (passing of the resolution by postal ballot) Rules, 2001, approval of the Members of the Company was sought by means of postal ballot vide notice dated June 22, 2007, for the purpose of passing special resolution under Section 372A of the Companies Act, 1956 (Resolution No.1) and ordinary resolution under Section 293(1)(a) of the Companies Act, 1956 (Resolution No.2).Based on the Scrutinizer’s report dated August 25, 2007, the results of postal ballot were declared on Monday, August 27 , 2007 at 11.00 a.m. at the registered office of the Company, as follows:
| Sl.No. |
Particulars |
Resolution No.1 |
Resolution No.2 |
| |
|
No. |
No. of shares |
No. |
No. of shares |
| 1 |
Total postal ballot forms received |
235 |
11533944 |
235 |
11533944 |
| 2 |
Total no. of members who exercised their franchise through postal ballot |
232 |
11533379 |
230 |
11532968 |
| 3 |
Less: Total no. of invalid votes |
3 |
32581 |
3 |
32581 |
| 4 |
Total no. of valid votes |
229 |
11500798
(100.00%) |
227 |
11500387
(100.00%) |
| 5 |
Total no. of votes polled in favour of the resolution |
216 |
11448131
(99.54%) |
216 |
11499390
(99.99%) |
| 6 |
Total no. of votes polled against the resolution |
13 |
52667
(0.46%) |
11 |
997
(0.01%) |
The Resolution Nos. 1 and 2, as set out in the notice dated 22nd June, 2007 were accordingly carried by the requisite majority.
Dated: 27th August, 2007.
By Order of the Board
Jyoti Jain
Company Secretary |
