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Article: BORAX MORARJI ISSUES NOTICE FOR POSTAL BALLOT

Article from:
The Hindustan Times
Article date:
May 22, 2007
Copyright

Report from the India Press Release brought to you by the Hindustan Times

MUMBAI, India, May 22 -- The Bombay Stock Exchange Limited (BSE) made the following corporate announcement:

Borax Morarji Ltd., has informed BSE that the members of the Company, by way of postal ballot, will consider to approve, the following special/ordinary resolutions:

1. Subject to the confirmation of the Honourable High Court of Judicature at Bombay and/or any other regulatory authority as may be required under law, an amount upto Rs. 2,24,44,507 be utilized from the credit balance available in the Securities Premium Account, to make provision for/adjustment of the diminution in the value of investments made by ...

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