Pranavaditya Spinning - Outcome Of AGM

Pranavaditya Spinning Mills Ltd has informed that the members at the 17th Annual General Meeting (AGM) of the Company held on September 27, 2007, inter alia, have accorded to the following:1. Adoption of the Audited Balance Sheet as at March 31, 2007 and the Profit & Loss Account and Cashflow Statement for the year ended on that date together with the Directors Report and Auditors Report thereon.2. Re-appointment of Mr. Yeshwant R Shah & Mr. Mahendra S Shah as Directors of the Company.3. Appointment of M/s. Vinod Vasa & Associates, Chartered Accountants as a 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, terms & conditions.4. Appointment of Mr. Anil Kumar Jain, Mr. P N Shah & Mr. R Anand as Directors of the Company, liable to retire by rotation.