Network 18 - Outcome Of AGM

Network 18 Fincap Ltd has informed that the members at the Annual General Meeting (AGM) of the Company held on September 07, 2007, inter alia, have approved the following:

1. Balance Sheet, Profit & Loss Account, Directors Report and Auditors- Report thereon.

2. Re-appointment of Mr. Sanjay Ray Chaudhuri as Director of the Company.

4. Re-appointment of M/s. G S Ahuja and Associates, Chartered Accountants as statutory auditors of the Company.

5. Appointment of Mr. G K Arora, Mr. P N Bahl, Mr. Manoj Mohanka & Mr. Vandana Malik as Directors of the Company who had been appointed as additional Director during the year.