POSTAL BALLOT RESULTS

This is to inform  that pursuant to the provisions of Section 192A of the Companies Act, 1956 read with Companies (Passing of the Resolution by Postal Ballot) Rules 2001, the Company has received Postal Ballot Report dated 3rd October, 2007  from the Scrutinizer, Mr.Girish C.Adhyaru, Advocate.

On the basis of this report received from Mr.Girish C.Adhyaru, the Chairman on 4th October, 2007 has declared that the following Special/Ordinary resolutions have duly been passed with the requisite majority.

Resolution No. as per Postal Ballot Notice.

Subject matter of the resolution

Resolution type

1

Appointment of Mr. A.L. Kapur as Managing Director

Special resolution

2

Increase in remuneration of Mr.P.B.Kulkarni, Whole-time Director

Ordinary resolution

3

Increase in remuneration of Mr. N.P.Ghuwalewala, Whole-time Director

Ordinary resolution

4

Increase in remuneration of Mr.B.L.Taparia, Whole-time Director

Ordinary resolution

5

Approval u/s 314 of the Companies Act,1956 for Mr. Milind Kulkarni s/o Mr. P.B. Kulkarni, Whole-time Director.

Special resolution

 

                                                                                                       For AMBUJA CEMENTS LTD.

 

                                                                                                                                                     Sd/-         

                                                                                                                                    B.L.TAPARIA       

PLACE : MUMBAI                                                                          WHOLE-TIME DIRECTOR &

DATED : 4th October, 2007                                                                COMPANY SECRETARY