Benzo Petro - Outcome Of AGM

Benzo Petro International Ltd has informed that the members at the 16th Annual General Meeting (AGM) of the Company held on September 29, 2007, inter alia, have accorded to the following:1. Adoption of the Audited Statement of Accounts together with Reports of Directors and Auditors for the year ended March 31, 2007.2. Re-appointment of retiring Director, Mr. J S Sodhi on the Board of Directors of the Company.3. Re-appointment of M/s. Kiran Solanki & Associates, Chartered Accountants as the Statutory Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration to be fixed by the Board of Directors of the Company.4. Increase in the Authorised Capital of the Company from Rs 12 Crores to Rs 18 crores and consequent alteration of Memorandum and Articles of Association of the Company.5. Issue of 30,00,000 Warrants each convertible into one fully paid up equity share of the Company in favour of Mr. J S Sodhi.