Issue of Postal ballot for passing the following resolutions:
(i) Ordinary Resolution for increase in Authorized Share Capital from Rs 600 crores to Rs 1000 crores and consequential alteration to the Capital Clause of Memorandum of Association.
(ii) Special Resolution for alteration of Capital Clause of Articles of Association.
(iii) Ordinary Resolution for approval for the Issue of Bonus Shares in the ratio of 1:1 (i.e. 1 bonus equity share of Rs.5/- for every 1 fully paid up equity shares of Rs. 5/- each held) by increasing the Issued, Subscribed and Paid-up Share Capital of the Company