Gogia International - Outcome Of AGM

Gogia International Securities Ltd has informed that the shareholders at the 13th Annual General Meeting (AGM) of the Company held on August 27, 2007 inter alia, have accorded to the following:

1. To adopt the Audited Balance Sheet as at March 31, 2007 and Profit & Loss A/c for the year ended on that date together with the Reports of the Directors and Auditors thereon.

2. To appoint a Director in place of Mr. Bhavuk K Makkar, who retires by rotation and being eligible offers themselves for reappointment as a Director.

3. To appoint auditors to hold office from conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company and to authorize the Board of Directors to fix their remuneration.

4. To appoint Mrs. Jyoti Mehndiratta as a Director retiring by rotation (who was appointed as an Additional Director by the Board of Directors to hold the office of Director only up to the date of this meeting), in respect of whom the Company has received a notice in writing from a member proposing her candidature for the office of Director.

5. To ratify the appointment of Mr. Satish Gogia as Managing Director by the Board of Directors of the Company at its meeting held on April 30, 2007 for a period commencing from May 01, 2007 and ending on September 30, 2008 of the Company on remuneration, terms & conditions.