Vedanta Res PLC
Result of Annual General Meeting
28 August 2012
Vedanta Resources plc
("the Company")
Result of Annual General Meeting
The annual general meeting ('AGM') of the Company was held on 28 August 2012 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 Meeting) |
Special/ Ordinary |
No. of votes |
% |
No. of votes |
% |
No. of votes |
% of ISC voted |
No. of votes |
|
1. To receive the 2012 Report and Accounts |
Ordinary |
211,579,561 |
99.69 |
649,595 |
0.31 |
212,229,156 |
79.85% |
1,889,538 |
|
2. To approve the Directors' Remuneration Report |
Ordinary |
186,359,388 |
87.66 |
26,242,599 |
12.34 |
212,601,987 |
79.99% |
1,516,139 |
|
3. To approve the final dividend
|
Ordinary |
214,069,172 |
100.00 |
6,176 |
0.00 |
214,075,348 |
80.54% |
40,746 |
|
4. To re-appoint A Agarwal as a Director |
Ordinary |
201,407,644 |
98.25 |
3,587,942 |
1.75 |
204,995,586 |
77.13% |
9,123,208 |
|
5. To re-appoint N Agarwal as a Director |
Ordinary |
212,225,620 |
99.42 |
1,228,970 |
0.58 |
213,454,590 |
80.31% |
664,203 |
|
6. To re-appoint N Chandra as a Director |
Ordinary |
197,539,560 |
96.10 |
8,016,755 |
3.90 |
205,556,315 |
77.34% |
8,562,477 |
|
7. To re-appoint E Macdonald as a Director |
Ordinary |
205,278,868 |
99.83 |
339,546 |
0.17 |
205,618,414 |
77.36% |
8,500,378 |
|
8. To re-appoint A Mehta as a Director |
Ordinary |
201,292,292 |
97.96 |
4,189,182 |
2.04 |
205,481,474 |
77.31% |
8,592,549 |
|
9. To re-appoint MS Mehta as a Director |
Ordinary |
213,448,153 |
99.73 |
587,309 |
0.27 |
214,035,462 |
80.53% |
41,373 |
|
10. To re-appoint G Green as a Director |
Ordinary |
208,348,198 |
97.34 |
5,687,364 |
2.66 |
214,035,562 |
80.53% |
41,373 |
|
11. To re-appoint Deloitte LLP as auditors |
Ordinary |
210,968,179 |
98.88 |
2,392,256 |
1.12 |
213,360,435 |
80.27% |
758,267 |
|
12. To authorise directors to agree the auditors' remuneration |
Ordinary |
213,720,119 |
99.83 |
355,801 |
0.17 |
214,075,920 |
80.54% |
42,872 |
|
13. To authorise the directors to allot shares |
Ordinary |
213,300,949 |
99.64 |
772,920 |
0.36 |
214,073,869 |
80.54% |
44,856 |
|
14. To disapply pre-emption rights |
Special
|
214,015,843 |
99.97 |
57,902 |
0.03 |
214,073,745 |
80.54% |
45,047 |
|
15. To authorise the Company to make market purchases of own shares |
Special |
214,069,575 |
100.00 |
6,884 |
0.00 |
214,076,459 |
80.54% |
40,870 |
|
16. To authorise a general meeting to be called on not less than 14 days' notice |
Special |
206,580,317 |
96.50 |
7,496,376 |
3.50 |
214,076,693 |
80.54% |
41,999 |
|
17. To approve the Employee Share Ownership Plan |
Ordinary |
178,393,615 |
83.88 |
34,280,525 |
16.12 |
212,674,140 |
80.01% |
1,444,652 |
|
18.To approve the subsidiary Employee Share Option Plans |
Ordinary |
208,025,606 |
97.83 |
4,624,475 |
2.17 |
212,650,081 |
80.00 |
1,446,552 |
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.
A copy of the resolutions passed as special business at the AGM have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.Hemscott.com/nsm.do.
Deepak Kumar
Company Secretary
This information is provided by RNS