Raj Agro Mills Ltd: Results of Postal Ballot

Raj Agro Mills Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have approved the Ordinary Resolution under section 293(1)(a) of the Companies Act, 1956 for disposal by way of sale, transfer or otherwise the entire plant & machinery, land and building, current and other assets of the company including the manufacturing facilities with or without all the liabilities to one or more prospective buyer (s) whether at a time or at different times in one or more tranches as may be deemed appropriate by the Board with a further liberty to the Board to decide the method, terms and conditions, price, consideration and all other matter relevant thereto as set out in the Postal Ballot Notice dated April 18, 2011, with requisite majority.Read More