The Company has informed the Stock Exchange that the members of the Company have approved the following Item of Business by way of ordinary resolution passed through the postal ballot as per the provisions of section 192A of the Companies Act, 1956, read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001 “Creating mortgagees, charges and hypothecations on all or any of the movable and immoveable properties of the Company wherever situated, present and future and the whole or substantiality the whole of the undertaking or undertakings of the Company for securing any loan(s)/ facilities/borrowing limits/ LC limits obtained or as may be obtained from any financial institution(s) or banks or person(s) or persons or Company together with interest, costs, charges expenses and any other moneys payable by the Company” The details of the result are as follows:
No. of Shares for which postal ballot forms received- 6903033, No. of votes invalid – 1041, No. of Valid Shares voted in favour of resolution -6901992, No. of Valid shares voted against resolution – Nil. | 
