The shareholders of Tata Chemicals Limited have, by an overwhelming majority, passed two resolutions — one on adopting the directors' report and the audited profit and loss for the year ended March 31, 2000, as well as the balance sheet as at date; the other approving the Employees Stock Option Scheme.
The poll was ordered to be taken in response to a demand made by a Tatachem member at the annual general meeting held on August 24, 2000. After receiving the scrutinisers' report that over 99 per cent of shareholders voted for approving the two resolutions, the chairman declared them as passed.
The poll was ordered to be taken in response to a demand made by a Tatachem member at the annual general meeting held on August 24, 2000. After receiving the scrutinisers' report that over 99 per cent of shareholders voted for approving the two resolutions, the chairman declared them as passed.