Hiran Orgochem: Outcome of Board Meeting

Hiran Orgochem Ltd has informed BSE that the Board of Directors of the Company (which have been authorised in this regard) at its meeting on August 26, 2015 has decided to seek approval of members of the Company by way of postal ballot pursuant to Section 110 of Companies Act, 2013 read with Rule 22 of Companies (management and Administration) Rules, 2014 for below mentioned items:

1. Amendment to the Memorandum of Association and Articles of Association of the Company in conformity with Companies Act, 2013 And

2. Approval of members with pursuant to Section 186 read with the Rules framed thereunder and other applicable provisions, if any, of the Companies Act, 2013 (including any amendment thereto or re-enactment thereof) for giving loans or extending guarantee or providing security in excess of the limit specified upto Rs. 100 crores.

Further Mr. Sanjog V. Naravankar - Company Secretary has been appointed as Scrutinizer for conducting Postal ballot voting process in a fair and transparent manner.

The Voting Rights of the Members shall be reckoned as on August 28, 2015 which is the cut off date. The date of dispatch of postal ballot notice is September 05, 2015.