MIC Electronics has informed that it enclosed Notice of Postal Ballot/ E-voting (Notice) being sent to the shareholders, seeking their approval by way of Special Resolutions for the matters set out in the Notice of Postal Ballot dated April 26, 2022. Pursuant to Sections 108 and 110 of the Companies Act, 2013, as amended (the ‘Companies Act’), read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, as amended (the ‘Management Rules’) including any statutory modification or reenactment thereof for the time being in force, and other applicable provisions, if any, and the General Circular Nos. 14/2020 dated 08.04.2020, 17/2020 dated 13.04.2020, 22/2020 dated 15.06.2020, 33/2020 dated 28.09.2020, 39/2020 dated 31.12.2020, 10/2021 dated 23.06.2021 and 20/2021 dated 08.12.2021, issued by the Ministry of Corporate Affairs, Government of India (MCA Circulars), the Company is sending this Notice in electronic form only and hard copy of this Notice along with postal ballot forms and pre-paid business envelope will not be sent to the shareholders for this postal ballot. Accordingly, the communication of the assent or dissent of the members would take place through the E-voting system only.
The above information is a part of company’s filings submitted to BSE.