MPIL Corporation - Outcome Of AGM

MPIL Corporation Ltd has informed that the member at the 48th Annual General Meeting (AGM) of the Company held on September 27, 2007, inter alia, have accorded to the following:1. Adoption of the Balance Sheet as at March 31, 2007, the Profit & Loss Account for the year ended on that date and the Cash Flow Statement for the year ended together with the reports of the Directors and Auditors thereon.2. Re-appointment of Mr. Sanjeev Jain as a Director of the Company, liable to retire by rotation.3. Appointment of M/s. Lodha & Company, Chartered Accountants as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company on remuneration, terms & conditions.