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Vedanta Resources (VED)

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Thursday 29 July, 2010

Vedanta Resources

Result of AGM

RNS Number : 1333Q
Vedanta Resources PLC
29 July 2010
 



29 July 2010

 

Vedanta Resources plc

 

("the Company")

 

Result of Annual General Meeting

 

 

The annual general meeting ('AGM') of the Company was held on 28 July 2010 at 3pm.

 

A poll was conducted on each resolution proposed at the meeting and the results are detailed below:

 


Type of resolution

For

Against

Total votes cast


Votes withheld1

Resolution

(Full text of resolutions is set out in the Notice of Annual General Meeting0

Special/ Ordinary

No. of votes

%

No. of votes

%

No. of votes

% of ISC voted

No. of votes

1.  To receive the 2010 Report and Accounts

Ordinary

215,609,189

96.51

7,798,257

3.49

223,407,446

75.45

7,128,689

2.  To approve the Directors' Remuneration Report

Ordinary

200,226,337

87.16

29,504,647

12.84

229,730,984

77.58

806,354

3. To approve the final dividend

 

Ordinary

230,518,927

99.99

88

0.01

230,519,015

77.85

18,323

4. To re-elect  Naresh Chandra as a director

Ordinary

214,069,353

96.22

8,404,891

3.78

222,474,244

75.13

8,063,098

5. To re-elect Euan Macdonald as a director

Ordinary

219,899,717

98.81

2,654,228

1.19

222,553,945

75.16

7,983,297

6.  To re-elect Aman Mehta as a director

Ordinary

219,567,092

98.66

2.986,752

1.34

222,553,844

75.16

7,983,497

7. To re-appoint Deloitte LLP as auditors

Ordinary

229,187,303

99.83

382,827

0.17

229,570,130

77.53

967,206

8. To authorise directors to agree the auditors' remuneration

Ordinary

230,342,887

99.92

175,753

0.08

230,518,640

77.85

18,498

9. To authorise the directors to allot shares

Ordinary

228,978,524

99.33

1,540,334

0.67

230,518,858

77.85

18,473

10.  To disapply pre-emption rights

Special

 

230,490,732

99.99

12,926

0.01

230,503,658

77.84

33,678

11.  Authority to facilitate full conversion of 2017 Bonds in ordinary shares

Special

228,516,816

99.49

1,163,549

0.51

229,680,365

77.57

856,968

12.  To authorise the Company to make market purchases of own shares

Special

229,758,008

99.67

760,953

0.33

230,518,961

77.85

18,373

13. To authorise a general meeting to be called on not less than 14 days' notice

Special

225,339,710

97.87

4,893,567

2.13

230,233,277

77.75

303,857

14.  To amend the articles of association

Special

230,435,219

99.96

80,872

0.04

230,516,091

77.85

21,243

15.  To authorise reduction of share premium account by a sum of US$190million subject to approval from the High Court of Justice

Special

228,588,504

99.58

964,598

0.42

229,553,102

77.52

984,031

 

1.          A vote withheld is not a vote in law and is not counted in the calculation of votes validly cast for or against a resolution.

 

All resolutions put to the meeting as set out in the Notice of Meeting were carried.

 

Two copies of the resolutions passed as special business at the AGM have been submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at Financial Services Authority, 25 The North Colonnade, Canary Wharf, London, E14 5HS.

 

Deepak Kumar

Company Secretary

 

 

 

 

Ashwin Bajaj

Vice President - Investor Relations

Vedanta Resources plc

 

investorrelations@vedanta.co.in

Tel:  +91 22 6646 1531

 

Gordon Simpson

Finsbury

 

Tel:  +44 20 7251 3801

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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