Sakthi Sugars Ltd has informed that the members at the 45th Annual General Meeting (AGM) of the Company held on December 26, 2006, inter alia, have accorded to the following:
1. Adoption of Audited Accounts and the Reports of the Directors and Auditors for the year ended June 30, 2006.
2. Declaration of Dividend on Preference shares at 12.50% for the years 2003-04, 2004-05 and 2005-06 and Equity Shares at 15% for the year ended June 30, 2006.
3. Appointment of Sri. P K Chandran, Sri. M Srinivaasan & Sri. G G Gurumurthy as Directors of the Company.
4. Appointment of M/s. P N Raghavendra Rao & Co., Chartered Accountants as Auditors of the Company.
5. Payment of Commission to Chairman.
6. Re-appointment of Sri. M Manickam as Managing Director of the Company.
7. Authority to the Board to mortgage / charge the assets of the Company.8. Authority to the Board to donate / contribute upto Rs 50 Lakhs.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment