Other Announcements

TO ALL CONCERNED


The Company in its Extra Ordinary General Meeting of the Members held on 26th June, 2009 at 10.30 a.m., at Gold Screen, Growel House, Akurli Road, Kandivali (East) Mumbai-400 101, passed the following Two Special Resolutions by way of Ballot, in terms of the notice dated 18/05/2009 posted on 30th May, 2009.


Resolution No. 1 :

Approval of the Scheme of Merger of Bombay Paints Limited with Grauer & Weil (India) Limited.
 

Resolution No. 2 :

Resolution u/s 81(1A) of the Companies Act 1956, authorizing
the Board of Directors to issue and allot Equity Shares of the
Company to the members of Bombay Paints Ltd., in terms of the
Draft Rehabilitation Scheme to be approved by the Hon'ble
BIFR Board.


Results of the Voting by Ballot :


The Company appointed Mr. Aspy Bhesania (Representative of the Shareholders) and
Mr. Chintan K. Gandhi (Practicing Company Secretary) as the scrutinizers, and they
have submitted their report on the Ballot Proceedings as follows :

Voting in favour of Resolutions No.1 & 2 :   99.925%
Voting against Resolutions No.1 & 2 :            0.075%

Thus both the above resolutions are carried and approved by Special Majority.

Detailed Scrutinizer's Report is available for inspection at the Registered Office of the Company and any member interested, can inspect the same, at the Registered Office of the Company between 10.00 a.m. & 01.00 p.m. on any working day.


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