Schneider Electric President Systems at its meeting held on December 11, 2014, approved the proposal of obtaining the approval of the Shareholders of the Company by way of Special Resolution through Postal Ballot / e-voting for Related Party Transactions with a Related Party, Schneider Electric IT Business India Private Limited.
Schneider Electric President Systems Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 11, 2014, approved the proposal of obtaining the approval of the Shareholders of the Company by way of Special Resolution through Postal Ballot / e-voting for Related Party Transactions with a Related Party, Schneider Electric IT Business India Private Limited.Further the Company has submitted Calendar of event of the above said Postal Ballot / e-voting.Source : BSE
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