Pursuant to the section 192A of the Companies Act, 1956 read with the Companies (Passing of Resolution by Postal Ballot) Rules, 2011, the Company had sought the approval of the shareholders through Postal Ballot voting process for passing the Resolutions as detailed vide its Notice dated 30th April, 2013.
The last date of receipt of Postal Ballot Forms, duly completed by the Shareholders in the self-addressed, postage prepaid envelope was 5th June, 2013.
The Scrutinizer submitted his report on the Postal Ballot on 6th June, 2013 and the Managing Director announced the results to the shareholders on 7th June, 2013 at the Corporate Office of the Company situated at Plot No. 3, Kanjur Village Marg, Kanjur Station Road, Kanjurmarg (E), Mumbai - 400042. The said results are stated hereinbelow:

Sr. No.
Particulars
Resolution 1
Resolution 2
Resolution 3
Resolution 4
Resolution 5
Resolution 6
a.
Total Equity Shares of Postal Ballot Forms received
16172830
16172830
16172830
16172830
16172830
16172830
b.
Less: Equity Shares of invalid Postal Ballot Forms
491
406
406
406
406
406
c.
Total Number of Valid Votes
16172339
16172424
16172424
16172424
16172424
16172424
i)
No. of Votes received with assent to the Resolution
16026446
16025404
16026341
16026331
16026054
16025914
% of Assent
99.10
99.09
99.10
99.10
99.09
99.09
ii)
No. of Votes received with dissent to the Resolution
145893
147020
146083
146093
146370
146510
% of Dissent
0.90
0.91
0.90
0.90
0.91
0.91


Accordingly the above resolutions have been passed with requisite majority.

For Nitco Limited
Sd/-
Place: Mumbai Reena Raje
Date: 7th June, 2013 Company Secretary

distributed by