Tanla Solutions - Notice of Postal Ballot
Tanla Solutions Ltd has informed BSE that that the members of the Company, by way of Postal Ballot, will consider to approve the following Special Resolution :
1. Sub-dividing the Equity Shares of the Company, including the paid up shares, such that the Equity Shares of the Company of the face value of Rs 2/- (Rupees Two) each be into two Equity Shares of the Company of the face value of Re 1/- (Rupee One) each and consequently, the Authorised Share Capital of the Company of Rs 12,00,00,000/-(Rupees Twelve Crores only) would comprise of 12,00,00,000 (Twelve Crores) Equity Shares of Re 1/- each, with effect from the “Record Date”, to be determined by the Board for this purpose and consequential amendments in the Clause V of the Memorandum of Association of the Company.
The Company has appointed Mr. K V S Subramanyam, Partner, AGR Reddy & Co., Company Secretaries, Hyderabad, as the Scrutinizer for conducting the Postal Ballot process in fair and transparent manner and in accordance with the requirements of law in the said behalf.
The Postal Ballot form duly completed should reach the scrutinizer on or before the close of working hours on April 21, 2008. The scrutinizer will submit his report to the Chairman after completion of the scrutiny and the results of the postal ballot will be announced on April 24, 2008.
Tags: Tanla Solutions