Nachmo Knitex - Outcome Of AGM

Nachmo Knitex Ltd has informed that the members at the 25th Annual General Meeting (AGM) of the Company held on June 30, 2007, inter alia, have accorded to the following:1. Consideration and adoption of audited balance sheet as at March 31, 2007 and profitand loss account for the financial year ended on March 31, 2007, together with the reports of the directors and auditors thereon.2. Re-appointment of Dr. Bakul H Dholakia as Director, pursuant to section 256 of the Companies Act, 1956.3. Re-appointment of statutory auditors Dhirajlal Shah & Company, Chartered Accountants, Ahmedabad as statutory auditors of the Company.4. Authority to the Board of Directors of the Company to make an application under section15(1) of the Sick Industrial Companies (Special Provisions) Act, 1985, for making reference to BIFR.