Outcome of 18th Annual General Meeting

  • Sub: Outcome of the 18th Annual General Meeting

The shareholders in its 18th Annual General Meeting of the Company held at its registered office at B-42, Industrial Estate, Sanathnagar, Hyderabad-50018 have:

  1. Considered and adopted Audited Balance sheet as at March 31, 2011 along with the reports of Directors and Auditors thereon..
  2. Declared dividend of Rs 1.50/- on the Equity Share of Rs. 10/- each of the Compnay for the financial year ended March 31, 2011.
  3. Approved the reappointment of Cmde Sarvotham Rao who retires by rotation.
  4. Approved the appointment of M/s Gokhale & Co., to hold the office as Statutory Auditors of the Company from the conclusion of this Annual General Meeting to the Conclusion of next Annual General Meeting.
  5. Unanimously approved the delisting of Equity Shares of the Company from Inter Connected Stock Exchange Ltd . Mumbai.