Ador Welding - Outcome Of AGM

Ador Welding Ltd has informed that the members at the 54th Annual General Meeting (AGM) of the Company held on July 26, 2007, inter alia, have accorded the following:

1. Adoption of the Audited Accounts for the year ended March 31, 2007 and Directors & Auditors Report thereon.

2. Declaration of Dividend at 120% i.e. @ Rs 12.00 per Equity Shares for the year ended March 31, 2007

.3. Re-appointment of Mr. Anil Harish, Mr. M K Maheshwari, Mr. J N Hinduja & Mr. R R Vora as Directors of the Company, who retires by rotation.

4. Re-appointment of M/s. Dalal & Shah, Chartered Accountants, Mumbai, as Auditors of the Company.

5. Appointment of Branch Auditors.

6. Re-appointment of Mr. R A Mirchandani & Mr. P K Gupta as Directors of the Company.

Source : www.indian-commodity.com