Notice of Postal Ballot

Seeking approval of appointing Mr. P. B. Balaji as Executive Director, Finance & IT and Chief Financial Officer of the Company.

The Company has

  • on Saturday, 29th March, 2014 completed the dispatch of Postal Ballot Notice along with the Postal Ballot Form and a self-addressed business reply envelope to the shareholders who have not registered their e-mail ids with depositories or with the Company and
  • on Monday, 31st March, 2014 sent email through National Securities Depositories Limited (NSDL) along with the details of Login ID and password to the shareholders who have registered their e-mail ids with depositories or with the Company;

for seeking approval of Members of the Company for appointment of Mr. P. B. Balaji as Executive Director, Finance & IT and Chief Financial Officer of the Company, liable to retire by rotation in terms of the Articles of Association of the Company, with effect from 1st July, 2014, as detailed in the Postal Ballot Notice dated 24th March, 2014.

The Board of Directors of the Company has appointed Mr. S. N. Ananthasubramanian, Practising Company Secretary, to act as the Scrutinizer for conducting the Postal Ballot process. The Company has offered e-voting facility, through NSDL, as an alternate, to enable the Members to cast their votes electronically instead of dispatching Postal Ballot Form. The detailed procedure for e-voting is enumerated in the Notes to the Postal Ballot Notice.

Members are requested to note that the duly completed Postal Ballot Forms should reach the Scrutinizer not later than the close of working hours on Wednesday, 30th April, 2014. The voting period for e-voting module also ends on Wednesday, 30th April, 2014 at 5.00 p.m. Any responses received after this date will be treated as if the same has not been received.

The voting rights of Members shall be reckoned as on 24th March, 2014, which is the cut-off date.Members, who do not receive the Postal Ballot Notice by Monday, 7th April, 2014 may download it from the website or may request for duplicate Postal Ballot Form from M/s Karvy Computershare Private Limited or Investor Service Counter of the Company.

Shareholders who have received Postal Ballot Notice by e-mail and who wish to vote through physical Postal Ballot Form can download the Postal Ballot Form from the link www.evoting.nsdl.com or from the website of the Company.

The result of the voting by Postal Ballot will be announced on Monday, 5th May, 2014 at 12.30 p.m. at the Registered Office of the Company.

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