Outcome of 17th Annual General Meeting

The outcome of the 17th Annual General Meeting of our Company held at B-42, Industrial Estate, Sanathnagar, Hyderabad – 500 018 at 9.30 a.m. on 7 September 2010 is as follows

  1. Balance Sheet as at 31 March 2010, the Profit and Loss account for the year ended on that date together with the Reports of Directors and Auditors thereon were considered and adopted.
  2. Dividend @ Rs.4.5/- (45%) was declared on the face value of equity share of Rs 10/- each of the Company for the financial year ended 31-03-2010.
  3. Mr Utpal Sheth, Director, who retires by rotation, has been reappointed as director of the Company.
  4. M/s Gokhale & Co., Chartered Accountants have been reappointed as statutory auditors of the company.