Bajaj Auto Finance Ltd has informed BSE that the members of the Company by way of Postal Ballot have approved the following resolutions, with requisite majority :
1. Special Resolution under Section 17 of the Companies Act, 1956 for alteration in Objects Clause of the Memorandum of Association of the Company, by way of inserting new sub-clauses 1A and 1B after the existing sub-clause 1 of Clause III.A (Main objects) and inserting new sub-clause 123 after the existing sub-clause 122 of Clause III.C (Other Objects).
2. Special Resolution under section 149(2A) of the Companies Act, 1956 for approval for commencement of new businesses mentioned under sub-clauses 1A and 1B of Clause III.A (Main Objects) and new sub-clause 123 of Clause III.C (Other Objects).
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