Held on 25 November 2014
Polson announced that the Board of Directors of the Company at its meeting held on 25 November 2014, has considered the following:1. The Board of Directors has approved the Notice of Postal Ballot pursuant to section 110 of the Companies Act, 2013 and the Explanatory Statement under section 102 of the Act for sell of entire stake of wholly owned subsidiary of the Company, Dudhwala Builders along with 0% Un-Secured Compulsory Convertible Non-Redeemable Debentures.
2. In compliance with Clause 35B of the Listing Agreement and section 110 of the Companies Act, 2013, the Board has appointed Central Depositories Services (India) CDSL to provide e-Voting facility to its members holding shares in demat form and in physical form to vote on the postal ballot by way of electronic voting facility to enable members to cast their vote electronically.
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