resolution passing in EGM

Hi,

Postal ballot is mandatory for a listed company only in case of sale of whole or substantially the whole of the undertaking of the company.

For lease or otherwise dispose of the whole or substantially the whole of the undertaking of the company Postal ballot is not mandatory for a listed company.

Reason behind my interpretation is == only “sale” word is covered by Postal Ballot Rules, 2001.

Best Regards