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CAIRN INDIA LIMITED
Oct 12 2007
Cairn India Limited has informed the Exchange vide its letter dated October 10, 2007 that "Pursuant to the notice dated July 30, 2007, the shareholders of the Cairn India Limited have approved through postal ballot the following Resolution at the deemed Extraordinary General Meeting (EGM) held today: Consent under section 293(1)(a) of the Companies Act, 1956, inter-alia authorizing the Board of Directors to sell, lease of otherwise dispose of the whole/ substantially the whole of an undertaking of the Company and/or to create change and/or mortgage on the assets of the Company in favor of lenders".
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