Synergy Multibase - Outcome Of AGM

Synergy Multibase Ltd has informed that the members at the 16th Annual General Meeting (AGM) of the Company held on August 27, 2007, inter alia, have accorded the following:

1. Adoption of the Audited Balance Sheet as at March 31, 2007 and the Profit and Loss Account for the period ended on that date, the Reports of the Directors and Auditors thereon.

2. Re-appointment of Mr. Raj Kapur & Mr. Nosh Modi as Directors of the Company.

3. Appointment of Messrs. Deloitte Haskins & Sells, Chartered Accountants, as the Auditors of the Company, for the purpose of audit of the Companys accounts, to hold office as such from the conclusion of this Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms and conditions.

4. Re-appointment of Mr. Patrick Mcleod & Mr. Ish Budhiraja as Directors of the Company, liable to retire by rotation.

5. Changed of the name of the Company from Synergy Multibase Ltd to Multibase India Ltd, subject to the approval of the Central Government.

6. Appointment of Mr. Krishna H Joshi as Whole time Director for a period from June 08, 2006 to August 14, 2006 and also to his appointment as a Managing Director of the Company for a period of three years with effect from August 14, 2006, on terms & conditions.