The Andhra Pradesh High Court-convened meeting of
the Shareholders of ITC Bhadrachalam Paperboards Limited took place on the 14th of
December, 2001 at the Hari Hara Kala Bhavan, Secunderabad under the Court-appointed
Chairmanship of Justice S. Dasaratharama Reddi (Retd.) to consider a resolution proposing
the amalgamation of ITC Bhadrachalam Paperboards Limited with ITC Limited. The result of
the poll was overwhelmingly in favour of the amalgamation with nearly 98% voting in favour
of the resolution.
The poll results are appended below:
| |
|
Number of Members |
Number of Votes |
| A. |
In favour of the Resolution |
905 |
6,90,22,672 |
| B. |
Against the Resolution |
35 |
16,23,334 |
| |
|
|
|
| |
Total: |
940 |
7,06,46,006 |
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