Annual Report 2010-2011 - Gammon India

(iii) Approval of the Members sought pursuant to the provisions of Section 372A of the Companies Act,
1956 for making loans, investments, giving guarantees etc. to various bodies corporate. The details
of voting pattern are as under :
Particulars No. of votes cast % of total votes cast
In favour of the Resolution 4,42,74,532 99.990
Against the Resolution 3,526 0.008
Invalid Votes 796 0.002
Total 4,42,78,854 100
(B) Ordinary Resolution :
(i) Approval of the Members sought pursuant to Section 293(1)(d) and all other applicable provisions,
if any, of the Companies Act, 1956, for borrowing any sum of money upto an amount not exceeding
` 15000,00,00,000/- (Rupees Fifteen Thousand Crores Only). The details of voting pattern are as
under :
Particulars No. of votes cast % of total votes cast
In favour of the Resolution 4,26,35,840 96.289
Against the Resolution 16,42,218 3.709
Invalid Votes 796 0.002
Total 4,42,78,854 100
(ii) Approval of the Members sought pursuant to Section 293(1)(a) and other applicable provisions,
if any, of the Companies Act 1956, for mortgaging and/ or charging any movable or immovable
property in favour of lenders including debenture trustees for the holders of debentures issued by
the Company, either by way of private placement or placed with financial institution, banks, bodies
corporate etc., subject to a maximum amount of ` 15000,00,00,000/- (Rupees Fifteen Thousand
Crores Only). The details of voting pattern are as under :
Particulars No. of votes cast % of total votes cast
In favour of the Resolution 4,26,33,108 96.283
Against the Resolution 16,44,950 3.715
Invalid Votes 796 0.002
Total 4,42,78,854 100
The Resolutions were passed on 2 nd July, 2010 by requisite majority.
Mr. Chaitanya C. Dayal of M/s. Chaitanya C. Dalal & Co., Chartered Accountants was appointed as
the Scrutinizer for conducting the Postal Ballot process.
(II) Special Resolution: Approval of the Members sought pursuant to the provisions of Section 372A of the
Companies Act, 1956 for making loans, investments, giving guarantees etc. to various bodies corporate. The
details of voting pattern are as under :
Particulars No. of votes cast % of total votes cast
In favour of the Resolution 4,74,58,394 99.982
Against the Resolution 8,548 0.018
Invalid Votes NIL NIL
Total 4,74,66,942 100
The Resolution was passed on 29 th December, 2010 by requisite majority.
Mr. Chaitanya C. Dayal of M/s. Chaitanya C. Dalal & Co., Chartered Accountants was appointed as the
Scrutinizer for conducting the Postal Ballot process.
A NNUAL R EPORT I 2010/11
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