rediff.com
REAL-TIME QUOTE
Enter Company or MF
e.g. Tata motors, Reliance MF, 500570
ESSAR OIL LTD. - Outcome of Board Meeting (Voluntary Delisting of Equity Shares)
Download announcement < Back
23 Jun 2014
Essar Oil Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 22, 2014 which was originally planned to be held on June 23, 2014, has approved the following:&lt;br/&gt;&lt;br/&gt;1. To take on record the aforementioned letter received from EEHL with respect to the Delisting Proposal;&lt;br/&gt;&lt;br/&gt;2. To consent to the Delisting Proposal pursuant to and in accordance with Regulation 8(1)(a) of SEBI Delisting Regulations; and&lt;br/&gt;&lt;br/&gt;3. To seek the consent of the shareholders of the Company for the Delisting Proposal by way of postal ballot and e-voting in accordance with the provisions of section 110 of the Companies Act, 2013, the applicable rules of the Companies (Management and Administration) Rules, 2014 relating to passing of resolutions by postal ballot, Clause 35B of the Equity Listing Agreement entered into by the Company with the Stock Exchanges and the SEBI Delisting Regulations.&lt;br/&gt;&lt;br/&gt;Further note that the trading window was closed for the purpose on June 20, 2014 after receipt of delisting proposal from EEHL.
View all announcements for ESSAR OIL LTD. Source: BSE India