2nd Aug 2006 17:14
Vedanta Resources PLC02 August 2006 VEDANTA RESOURCES plc RESULTS OF AGM Wednesday 2 August 2006 At the Company's Annual General Meeting, which was held today, all theresolutions put to shareholders were duly passed. The results on each resolution were as follows: Votes Resolution Votes for Votes against withheld ---------- ---------- ------------- -------- 1 To receive and adopt the audited 212,431,482 1,371,404 57,010 accounts of the Company for the year ended 31 March 2006, together with the Directors' 99.36 0.64 N/A Report and the Independent Auditors' Report. 2 To approve the Remuneration 211,175,546 1,440,140 1,244,210 Report for the year ended 31 March 2006. 99.32 0.68 N/A 3 To approve a final dividend of 213,859,897 0 0 14.3 US cents per ordinary share in respect of the year ended 31 100.00 0.00 N/A March 2006. 4 To re-appoint Mr Anil Agarwal, 202,003,756 11,832,209 23,931 who retires and seeks re-appointment in accordance with article 115 of the 94.47 5.53 N/A Company's Articles of Association. 5 To re-appoint Dr Shailendra 213,612,671 247,226 0 Kumar Tamotia, who retires and seeks re-appointment in accordance with article 115 of 99.88 0.12 N/A the Company's Articles of Association. 6 To re-appoint Mr Naresh Chandra, 213,636,167 222,730 1,000 who retires and seeks re-appointment pursuant to article 122 of the Company's 99.90 0.10 N/A Articles of Association. 7 To re-appoint Deloitte & Touche 213,461,288 308,609 90,000 LLP as auditors of the Company until the conclusion of the next general meeting at which 99.86 0.14 N/A accounts are laid before the Company. 8 To authorise the Audit Committee 213,497,667 272,230 90,000 of the Company to determine the Auditors' remuneration. 99.87 0.13 N/A 9 To authorise the Directors to 213,089,561 389,601 380,734 allot relevant securities up to an aggregate nominal amount of: (a) $3,275,956 in connection with the $725 million 4.60% guaranteed convertible bonds due 2026 issued by Vedanta Finance 99.82 0.18 N/A (Jersey) Limited, a wholly-owned subsidiary of the Company; and (b) (otherwise than pursuant to sub-paragraph (a) of this resolution) $9,558,417. 10 To authorise the Directors to 213,847,047 7,850 5,000 allot equity securities for cash as if section 89(1) of the Companies Act 1985 did not 100.00 0.00 N/A apply. 11 To authorise the Directors to 213,751,362 108,535 0 make market purchases within the meaning of section 163(3) of the Companies Act 1985 of ordinary 99.95 0.05 N/A shares of $0.10 each in the capital of the Company. Percentages show votes as a percentage of the total number of shares being votedby proxy. For further information, please contact: Deepak Kumar (Company Secretary)Vedanta Resources plc Telephone: +44 (0) 207 659 4734 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Vedanta Resources