21st-Sep-2011 18:16Source: BSE

Spectra Ind - Updates

Spectra Industries Ltd has informed BSE that the Company intends to pass following Ordinary Resolutions through Postal Ballot

1. Ordinary resolution under section 293(1)(d) of the Companies Act, 1956 for increasing the borrowing limits

2. Ordinary resolution under section 293(1)(a) of the Companies Act, 1956 for creation of Charge/Mortgage on Company's properties, and

3. Ordinary resolution under section 198, 269, 309 and Schedule XIII of the Companies Act, 1956 for approval of the appointment of Mr. Jaidev Gupta as Executive Director and payment of remuneration to him.