Outcome of the Board Meeting held on 3 August 2013

  • The Board of Directors in its meeting held on 3 August 2013 have considered and approved:-

1. Unaudited financial results for the first quarter ended 30 June 2013.

2. Notice of forthcoming Annual General Meeting to be held on Saturday the 28 September 2013 at the Registered Office of the Company at B-42, Industrial Estate, Sanathnagar, Hyderabad - 500018.

3. The Register of Members will be closed from 24 September 2013 to 28 September 2013 (both days inclusive) for the purpose of dividend and the forthcoming Annual General Meeting.

4. Mr Utpal H Sheth and Mr D Satish Babu, Directors of the Company, who are liable to retire by rotation at the ensuing Annual General Meeting and are eligible for reappointment, have not offered themselves for reappointment.

5. Reappointment and revision of remuneration of Mr M Ravi Kumar, Whole-time Director of the Company for a period of 3 years with effect from 29 June 2013, subject to the approval of Members of the Company by way of Special Resolution.