Outcome of 19th Annual General Meeting

  • Sub: Outcome of 19 Annual General Meeting of the Company

This is to submit to the Exchange that the 19 Annual General Meeting of the Shareholders of the Company was held on 27 September 2012 at 9.00 a.m. at the Registered Office of the Company at B-42, Industrial Estate, Sanath Nagar, Hyderabad – 500018 and the following business as set out in the Notice of Meeting was considered and approved by the Shareholders unanimously:

  1. The Audited Balance Sheet as at 31 March 2012 and Statement of Profit and Loss for the year ended on that date along with the reports of Directors’ and Auditors’ thereon.
  2. Declared dividend of 6.50/- per equity share of face value of 10/- each for the financial year ended 31 March 2012.
  3. Resolved not to fill the vacancy for the time being in the Board caused by the retirement of Dr Pamidi Kotaiah who retires by rotation and doesn’t seek reappointment.
  4. Reappointed M/s Gokhale & Co., Membership No. 23839, Firm Regn No. 000942S, Chartered Accountants, Hyderabad as Statutory Auditors of the Company.