Hester Pharmaceuticals Ltd has informed that the members at the 20th Annual General Meeting (AGM) of the Company held on September 11, 2007, inter alia, have accorded the following businesses:
1. Adoption of Financial Accounts for the Financial Year 2006-2007.
2. Approval of the payment of dividend of Rs 2.00 on each equity share of Rs 10.00.
3. Approval of the increase in the Borrowing Powers of the Company to the extent of Rs 100 Crores.
4. Approval of the alteration in certain Articles of Association of the Company.
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