RESULT OF POSTAL BALLOT

Result of the voting conducted through Postal Ballot on the Special Resolution under Section 17 and other applicable provisions, if any, of the Companies Act, 1956, for seeking shareholders’ consent to alter provisions of Memorandum of Association with respect to change of Registered Office of the Company from the State of Karnataka to the State of Tamilnadu through Postal Ballot Process.
 

On the basis of the report submitted by the Scrutinizer, Mr. Parameshwar G. Hegde, I hereby declare that the Special Resolution to alter the provisions of Memorandum of Association with respect to change of Registered Office of the Company from the State of Karnataka to the State of Tamilnadu as detailed in the Notice of Postal Ballot dated 30th October 2007 has been passed by the shareholders with requisite majority.