27th Jul 2011 17:55
27 July 2011
Vedanta Resources plc
("the Company")
Result of Annual General Meeting
The annual general meeting ('AGM') of the Company was held on 27 July 2011 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 2011 Report and Accounts | Ordinary | 221,503,796 | 99.82 | 390,019 | 0.18 | 221,893,815 | 74.73% | 2,044,482 |
2. To approve the Directors' Remuneration Report | Ordinary | 191,957,826 | 86.29 | 30,489,636 | 13.71 | 222,447,462 | 74.92% | 1,490,839 |
3. To approve the final dividend
| Ordinary | 224,054,853 | 100.00 | 698 | 0.00 | 224,055,551 | 75.46% | 29,257 |
4. To re-elect N Agarwal as a Director | Ordinary | 221,806,179 | 99.33 | 1,503,031 | 0.67 | 223,309,210 | 75.21% | 775,599 |
5. To re-elect N Chandra as a Director | Ordinary | 202,280,087 | 92.78 | 15,742,890 | 7.22 | 218,022,977 | 73.43% | 5,957,272 |
6. To re-elect A Mehta as a Director | Ordinary | 207,689,070 | 95.31 | 10,218,465 | 4.69 | 217,907,535 | 73.39% | 6,177,274 |
7. To re-appoint Deloitte LLP as auditors | Ordinary | 221,283,594 | 99.11 | 1,983,668 | 0.89 | 223,267,262 | 75.20% | 775,600 |
8. To authorise directors to agree the auditors' remuneration | Ordinary | 223,668,988 | 99.83 | 384,349 | 0.17 | 224,053,337 | 75.46% | 31,382 |
9. To authorise the directors to allot shares | Ordinary | 223,094,102 | 99.57 | 961,459 | 0.43 | 224,055,561 | 75.46% | 29,156 |
10. To disapply pre-emption rights | Special
| 223,913,612 | 99.98 | 36,888 | 0.02 | 223,950,500 | 75.43% | 29,656 |
11. To authorise the Company to make market purchases of own shares | Special | 222,545,169 | 99.33 | 1,510,291 | 0.67 | 224,055,460 | 75.46% | 29,256 |
12. To authorise a general meeting to be called on not less than 14 days' notice | Special | 212,913,604 | 95.03 | 11,141,756 | 4.97 | 224,055,360 | 75.46% | 29,257 |
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
Related Shares:
Vedanta Resources