Dhruv Estates - Outcome Of Board Meeting

Dhruv Estates Ltd has informed that the Board of Directors of the Company at its meeting held on June 29, 2007, inter alia, has transacted the following business:1. The Board of Directors has regretted their inability to propose any dividend for the year.2. In accordance with the provisions of the Articles of Association of the Company, Mr. Mehboob Pradhan retires by rotation at the ensuing General Meeting and being eligible offers himself for reappointment.3. M/s. Pankaj B Mehta & Co., the Statutory Auditors of the Company are retiring at the conclusion of the ensuing Annual General Meeting of the Members of the Company and are eligible to be re-appointed.