Mumbai, Aug. 18: Cairn India will declare on September 14 the results of a postal ballot on a resolution seeking its shareholders’ support for the acceptance of conditions laid down by the Centre for the sale of parent Cairn Energy Plc’s majority stake in the oil explorer to Vedanta Resources.

Cairn Energy, which holds a little over 52 per cent stake in Cairn India, has already informed the government and its partner Oil and Natural Gas Corporation (ONGC) that it will vote for the acceptance of the conditions along with Vedanta Resources.

One of the many conditions is that Cairn India will henceforth have to pay the royalty on its Rajasthan block. Until now, this has been entirely borne by ONGC.

“Cairn India has written to all of you to seek your views on accepting the conditions put in place by the government for them to finally clear this transaction,” Jann Brown, non-executive director of Cairn India, said.

“The board views the ballot … as the most appropriate and democratic way to determine this decision,’’ she told the shareholders.

Brown added that both Cairn India and its partner — ONGC — were now producing 125,000 barrels of oil per day from the Rajasthan Block.

Cairn Energy and Vedanta reached an agreement last August under which the latter would acquire a majority stake in the company subject to statutory approvals.