Apollo Tyres Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 10, 2014, has decided to seek the approval of shareholders through passing of resolution by means of Postal Ballot pursuant to the provisions of Section 110 of the Companies Act, 2013 read with Companies (Management and Administration) Rules, 2014 for the following items:<BR><BR>1. Creation of security under section 180(1)(a) of the Companies Act, 2013.<BR><BR>2. Authorization for borrowings under section 180(1)(c) of the Companies Act, 2013.<BR><BR>In this regard, the Company has submitted a copy of schedule for the completion of Postal Ballot Activity.
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