Pursuant to provisions of Section 110 of the Companies Act, 2013 read with Rule 22 of the Companies (Management and Administration) Rules, 2014, the Board of Directors of the Company recommends passing of the following resolutions by Postal Ballot (including e-voting):
(i) Ordinary Resolution - Extending travel benefits to the Non-Executive Independent Directors of the Company.
(ii) Special Resolution - Authority to the Board of Directors to give loans and guarantees, provide security and make investment in securities of other bodies corporate pursuant to Section 186 of the Companies Act, 2013.
Citizens of Nepal and Maldives are eligible for tax exemption/reduction, as per applicable laws, on the airfare. In order to avail such tax exemption/reduction, passengers must declare their correct nationality at the time of booking. In case citizens of Nepal or Maldives intend to travel with any foreign nationals, such citizen (passenger) are requested to kindly book tickets for accompanying foreign national (passengers) in a separate PNR/ticket. Once selected, the nationality cannot be changed at any point during the booking process.
