Varun Beverages Limited - Postal Ballot

29 Apr 2022 , 12:00 AM

In continuation to our letter dated April 28, 2022 and pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, copy of the Postal Ballot Notice dated April 28, 2022 along with explanatory statement, seeking approval of Members of the Company by way of Ordinary Resolution for issue of Bonus Equity Shares is attached. In compliance with the General Circulars Nos. 14/2020, 17/2020, 22/2020, 33/2020, 39/2020, 10/2021 and 20/2021 dated April 8, 2020, April 13, 2020, June 15, 2020, September 28, 2020, December 31, 2020, June 23, 2021 and December 8, 2021 respectively issued by the Ministry of Corporate Affairs (the MCA Circulars), the Postal Ballot Notice has been sent through electronic mode to all the shareholders whose e-mail address were registered with the Company/Registrar and Share Transfer Agent/Depository/Depository Participants and whose names appeared in the Register of Members of the Company or in the Register of Beneficial Owners maintained by the Depositories as on Friday, April 22, 2022. Remote e-voting period shall commence on Saturday, April 30, 2022 (9:00 A.M. IST) and end on Sunday, May 29, 2022 (5:00 P.M. IST) (both days inclusive). The results of the remote e-voting shall be announced not later than by 5:00 P.M. (IST) on Monday, May 30, 2022 and the same will be communicated to the Stock Exchanges along with the Scrutinizers report within the prescribed time