Saturday, August 25, 2007

McDowell Holdings - Outcome Of Board Meeting

McDowell Holdings Ltd has informed that the Board of Directors of the Company at its meeting held on August 24, 2007, inter alia, has transacted the following:

1. Decided not to recommend any dividend on the equity shares of the Company for the year ended March 31, 2007.

2. Approved the proposal for voluntary De-listing of equity shares of the Company from Ahmedabad Stock Exchange Ltd, The Calcutta Stock Exchange Association Ltd, Madras Stock Exchange Ltd and The Delhi Stock Exchange Association Ltd, subject to approval of members at the ensuing Annual General Meeting and completion of necessary formalities in this regard.

Source : www.indian-commodity.com

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