|September 02, 2005|
Notice to Stock Exchange
The Secretary / The Executive Director
Sub: Postal Ballot for disposal of the formulations manufacturing facility
Pursuant to Section 192A of Companies Act, 1956 read with the Companies (Passing of Resolution by Postal Ballot) Rules, 2001, the Company despatched the draft resolution alongwith the explanatory statement for disposal of the Company’s formulations manufacturing facility situated at Goa and the postal ballot forms to the shareholders of the Company on August 1, 2005 under certificate of posting. The last date for receiving the postal ballot mandate by the scrutinizer was not later than the close of working hours on Wednesday, August 31, 2005.
Mr. B Satya Reddy, Practicing Company Secretary was appointed as scrutinizer for conducting the postal ballot process in a fair and transparent manner.
The Scrutinizer has submitted his report to the Chairman of the Company
after completion of the scrutiny. According to the postal ballot results,
the resolution under Section 293(1)(a) of the Companies Act, 1956 for
Please take the above information on record.