Matrix Laboratories - Outcome Of AGM

Matrix Laboratories Ltd has informed that the members at the 22nd Annual General Meeting (AGM) of the Company held on July 16, 2007, inter alia, have accorded to the following:1. Adoption of the Audited Balance Sheet as at March 31, 2007 and the Profit & Loss Account for the year ended on that date together with the Reports of the Directors & Auditors thereon.2. Re-appointment of Mr. K R V Subrahmanian & Mr. C Ramakrishna, as Directors of the Company.3. Appointment of M/s. Deloitte Haskins & Sells, Chartered Accountants, Hyderabad as Statutory Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of this meeting until the conclusion of next Annual General Meeting, on remuneration, terms & conditions.4. Appointment of Mr. Robert J Coury as a Director of the Company, liable to retire by rotation.5. Approved the change in office of Mr. Rajiv Malik to Managing Director of the Company on January 08, 2007, not liable to retire by rotation for the residual period of his term, on remuneration, terms & conditions as approved by the members on December 19, 2005.