Adlabs Films - Outcome Of AGM

Adlabs Films Ltd has informed that the members at the 20th Annual General Meeting (AGM) of the Company held on October 25, 2007, inter alia, have unanimously passed the following resolutions :1. Adoption of Audited balance Sheet and Profit and Loss Account for the Fifteen Month Period ended June 30, 2007 together with Directors and Auditors Report thereon.2. Declaration of Dividend @ 50% on the Equity Shares of the Company.3. Re-Appointment of Ms. Pooja Shetty & Shri. Gautam Doshi, liable to retire by rotation.4. Re-appointment of M/s. BSR & Co. Chartered Accountants, as Auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions as decided by the Board of Directors.5. Appointment of Shri. Sujal Shah, Shri. Amit Khanna, Shri. Pradeep Shah, Shri. Anil Sekhri & Shri. Darius Kakalia as the Directors of the Company6. Re-appointment of Ms. Pooja Shetty as Wholetime Director of the Company from April 01, 2007 upto March 31, 2008 (both days inclusive), subject to terms and conditions.7. Increase in the Borrowing Limits of the Company to Rs 5,000 Crore (Rupees Five thousand Crore only).