Out of a total of 236,508 votes cast through ballot papers, the NDA secured 40.75%, while the opposition alliance garnered 45.41%, giving them a notable advantage.
The proposal to buy back shares worth up to Rs 98 crore approved by requisite majority through postal ballot, showed a BSE filing.
New Delhi, Oct 12 More than 52,000 voters, who are either senior citizens above 80 years of age or are people with disabilities, have opted for post..
There is a political maelstrom brewing in the United States around mail-in-ballots for the Presidential elections in November, and that could complicate matters as hanging chads did two decades ago
In the seven-phase Lok Sabha polls that spanned five and a half weeks, Election Commission officers have overcome challenges aplenty to ensure free and fair elections
Welspun Enterprises is seeking shareholders' approval for buying back up to 25 percent of its share capital at Rs 62 per equity share for an aggregate consideration not exceeding Rs 270 crore.
GVK Power & Infrastructure has sought shareholders' approval for increasing the maximum limit of loans and guarantees that can be given to other entities to Rs 15,000 crore
The Board authorised Sobti for finalisation of terms and conditions for issuance of long term bonds/NCDs, to finalise the calendar of events with regards to Postal Ballot, to appoint various intermediaries, and to sign, execute and enter into agreements with the intermediaries, etc.
The company, which is part of Kumar Mangalam Birla-led Aditya Birla Nuvo Ltd (ABNL), added that fund raise will be subject to the approval of its shareholders which would be obtained by way of Postal Ballot.
Shareholders rejected the permission to grant USL a takeover of Diageo India‘s operation through a postal ballot. The company failed to get 75 percent nod as 30 percent institutions voted against the resolution.
In a new twist to the tale, Cairn India board today said it was pushed to the wall and had no option but to accept the pre-conditions laid out by the government for the Vedanta deal. That is what Cairn India management told shareholders at the annual general meeting, report CNBC-TV18's Sajeet Manghat and Ashwin Mohan.
British oil explorer Cairn Energy expects to finalise a long-awaited deal to sell control of its Indian business by mid-September, bringing to conclusion a process that has dragged on for almost a year.