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Results of Postal Ballot announced
on March 17, 2008:-
In all 1,998 ballot papers representing 25,44,34,144 equity shares of the face value of Re.1/- each were received from the shareholders.
Results for Special Resolution at Item
no.1 :-
To further invest in securities of and/or place intercorporate deposits with and/or invest in debentures of and/or give guarantee(s) to and/or make loans or any other from of debt to and/or investment in Godrej Consumer Products Limited, under Section 372A of the Companies Act, 1956, upto a sum of Rs.360 Crore.
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Category |
Votes |
Shares |
| For |
1,839 |
253,360,035 |
| Against |
69 |
37,592 |
| Invalid |
90 |
36,517 |
| Total |
1,998 |
254,434,144 |
The votes cast "FOR" the Resolutions out of the total votes polled are as under :-
Therefore, the Special Resolutions as mentioned in the notice of postal ballot dated
January 29, 2008 has been passed with the requisite majority.
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| B A S I
C F A C T S |
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GIL's
businesses were originally part of Godrej
Soaps Limited, which also had a consumer
products division. That division was
de-merged, and Godrej Soaps renamed
as Godrej Industries, on April 1, 2001.
GIL employs about 2,000 people and it
has four divisions: chemicals, vegoils, medical diagnostics and real
estate.
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