Telstar Laboratories - AGM On Aug 23, 2007

Telstar Laboratories Ltd has informed that 20th Annual General Meeting (AGM) of the members of the Company will be held on August 23, 2007, inter alia, to transact the following:

Ordinary Business :

1. To consider and adopt the audited Balance Sheet as at March 31, 2007 and the Reports of Board of Directors and Auditors thereon.

2. To appoint Directors in place of those retiring by rotation.

3. To appoint Auditors and fix their remuneration.

Special Business :

4. To appoint Mr. Rajnikant Ramjihbai Patel & Mr. Ramjihbai Bhimjibhai Patel who were appointed as Additional Directors of the Company with effect from February 01, 2007, as Directors of the Company.

5. Alteration in the Main Object Clause of Memorandum of Association of the Company by inserting new clauses no 1,2,3,4 and to delete existing clauses 1,2,3,4 from the Main Object Clause:

1. To carry on the business of construction, erection, purchase, alterations, repairs,renovations, maintenance and or development, builders, contractors, erectors, developers of agricultural or otherwise lands, constructors of buildings, bungalows, shopping malls, commercial and industrial institutions, development and housing schemes, township, holiday resorts, hotels, motels, industrial estates, industrial parks, technology parks and housing colonies and in particular preparing of building sites, constructing, reconstructing, erecting, altering, improving, enlarging, developing, decorating, furnishing and repairing and maintaining of structures, flats, houses, factories, shops, factory sheds, offices .