28th Aug 2012 18:36
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
Related Shares:
Vedanta Resources