Investors
Result of Postal Ballot

Result of Postal Ballot

Result of the voting conducted through Postal Ballot on the special resolution under section 372A of the Companies Act, 1956, authorising the Board to make investments, give loans and provide guarantees / securities:

 
 
Number of valid postal ballot forms received
6388
Votes in favour of the resolution
48,878,189
Votes against the resolution
16,459
Number of invalid postal ballot forms received
205

The resolution has, therefore, been approved by the shareholders with requisite majority.

Bharat K.Singh
Managing Director
Place: Mumbai
Date: 14 September 2007