Delta Magnets Ltd has informed BSE that the Company had circulated the Special Resolution to the Members of the Company along with the Postal Ballot Notice dated January 28, 2011 issued pursuant to Section 192A (2) of the Companies Act, 1956 for revision in remuneration of Capt. Ratnakar Barick, Whole Time Director of the Company.
Based on the report dated March 08, 2011 submitted by Mr. A. K. Jain, the Scrutinizer, appointed under Section 192A of the Companies Act, 1956, we wish to inform you that the Special Resolution for revision in remuneration of Capt. Ratnakar Barick, Whole Time Director of the Company is passed with requisite majority.
Sensex
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Tuesday, March 08, 2011
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