Carborundum Universal - Notice of Postal Ballot
Carborundum Universal Ltd has informed BSE that the shareholders of the Company, will consider to approve, by way of Postal Ballot the special resolution to amend Clause III of the (Objects Clause) of the Memorandum of Association of the Company by inserting the following as sub-clauses 2L and 2M:
“2L. To manufacture, sell, trade and otherwise deal in products of all kinds and descriptions capable of being used in healthcare / medicare industry (including bio medical devices, bio ceramic products, resin based products and nano material products) and also carry out bio-medical and related research both for in-house needs and also on a commercial scale.
2M. To manufacture, sell, trade and otherwise deal in corrosion resisting materials such as resin cements (including alkali and acid resisting cements), corrosion resisting products and chemicals, specialty chemicals, and anticorrosive products (including mastics, polymer concrete and ucrete), fibre reinforced plastic products, construction chemicals and other related and allied products and services connected therewith.”
The Board of Directors has appointed Mr. R Sridharan of R Sridharan & Associates, Company Secretaries, as the Scrutinizer for conducting the Postal Ballot in a fair and transparent manner.
The Postal Ballot form duly completed should reach the Scrutinizer on or before close of working hours on March 07, 2008. The Scrutinizer will submit his report to Chairman or Managing Director of the Company after completing scrutiny of the postal ballot. The results of the postal ballot will be announced by the Chairman or the Managing Director of the Company on March 10, 2008.
Tags: Carborundum Universal