Pursuant to Regulation 30 of the SEBI Listing Regulations, Prostarm Info Systems has enclosed a copy of the Postal Ballot Notice along with the explanatory statement, seeking approval of the Members of the Company for passing the resolutions for the following purposes, by way of Postal Ballot through remote e-voting only (remote e-voting): 1. To Borrow Monies Exceeding the Limits Under Section 180(1)(C) of the Companies Act, 2013; 2. To Approve Mortgage/Pledge /Hypothecate/Create Charge on the Assets, Properties or Undertaking(s) of the Company Under Section 180(1)(A) of The Companies Act, 2013; 3. To Approve Transactions Under Section 185 of the Companies Act, 2013; 4. To Make Investments, Give Loans, Guarantees and Security in Excess of Limits Specified Under Section 186 of The Companies Act, 2013. The said notice is also available on the website of the Company at www.prostarm.com.
The above information is a part of company’s filings submitted to BSE.
