Lumax Industries Ltd has informed that the members at the 26th Annual General Meeting (AGM) of the Company held on July 23, 2007, inter alia, have approved the following proposals:
1. Received, considered and adopted the Audited Accounts for the year ended March 31, 2007 and Auditors and Directors Reports, thereon.
2. Declared a Dividend of Rs 4.5O per Equity Share as recommended by the Board of Directors.
3. Approved the re-appointment of Deep Kapuria, A P Gandhi & Anmol Jain as Directors, who was retiring by rotation and being eligible offered himself for re-appointment.
4. Approved the re-appointment of M/S S R Batliboi & Associates, Chartered Accountants as Statutory Auditors of the Company.
5. Approved the appointment of M C Gupta as Director of the Company.
6. Approved the revision in remuneration to D K Jain, Chairman and Managing Director of the Company for the remaining period of his appointment.
7. Approved the revision in remuneration to Deepak Jain, Executive Director of the Company for the remaining period of his appointment.
8. Approved the revision in remuneration to Anmol Jain, Executive Director of the Company for the remaining period of his appointment.
9. Approved the re-appointment of Yasuhiro Muraga as an Executive Director of the Company.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment