Pursuant to the provisions of Section 192A of the Companies Act, 1956 read with Companies (Passing of Resolution by Postal Ballot) (Amendment) Rules, 2001, the approval of the members of the Company was sought by Postal Ballot in respect of the following resolutions: ? Special Resolution pursuant to the provisions of Section 269, 302, 309 read with Part I of Schedule XIII of Companies Act 1956, for the reappointment of Sri. K Sudhir Rao as Vice-Chairman of Company for a period of 5 years. ? Special Resolution pursuant to the provisions of Section 198, 269, 302, 309, 311 read with Schedule XIII of Companies Act 1956, for the payment of remuneration to Sri. K Sudhir Rao, Vice-Chairman of Company. ? Special Resolution pursuant to the provisions of Section 269,302,309 read with Part I of Schedule XIII of Companies Act 1956, for the reappointment of Sri. K Suhan Rao as Managing Director of Company for a period of 5 years. ? Special Resolution pursuant to the provisions of Section 198, 269, 302, 309, 311 read with Schedule XIII of Companies Act 1956, for the payment of remuneration to Sri. K Suhan Rao, Managing Director of Company.