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GRASIM INDUSTRIES LTD. - Updates on E-voting and Postal ballot result
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09 Jun 2015
With reference to the earlier letter dated June 08, 2015 regarding E-voting and Postal ballot result, Grasim Industries Ltd has Clarified to BSE that the result presently communicated, contains only the details of the Votes by way of Postal Ballot and e-voting pursuant to SEBI Circulars dated February 04, 2013 and dated May 21, 2013. Of the public shareholders who have voted through postal ballot / e-voting (other than promoters) 99.99% have voted in favour of the resolution approving the Scheme.&lt;BR&gt;&lt;BR&gt;Further, the proposal also needs the approval of the majority of the shareholders representing at least 3 /4 of the face value of the shareholders under Sections 391 to 394 of the Companies Act, 1956. The Court convened meetings of the shareholders and creditors of the Company for approving the said Scheme will be held on June 10, 2015.
View all announcements for GRASIM INDUSTRIES LTD. Source: BSE India