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Result
of Postal Ballot
21 December 2006
Best
& Crompton Engineering Ltd has informed that members of
the Company, by way of Postal Ballot, have passed the Ordinary
Resolutions under Section 293(1)(a) of the Companies Act,
1956 relating to the proposal to Sell, Lease or otherwise
dispose of or Mortgage the movable and immovable properties
of the Company situate at 28A, 39 and 40, and / or transfer
by way of sale, lease or disposal of the business of the
undertakings being carried on at 28A, 39 and 40, Industrial
Estate (North), Ambattur, Chennai and at the Pump factory
at Bangalore, with requisite majority.