Electrotherm (India) has informed that the board of directors of the company at its meeting held on November 27, 2012, has approved the process of postal ballot for approval of shareholders for ordinary / special resolution under section 293(1)(a), section 293(1)(d) and section 372A of the Companies Act, 1956 and resignation of Sudhir Kapur as director of the company.
The above information is a part of company’s filings submitted to BSE.