Cairn India - Outcome Of AGM

Cairn India Ltd has informed that the members at the 1st Annual General Meeting (AGM) of the Company September 20, 2007, held on inter alia, have accorded to the following:1. Adoption of the Audited Accounts of the Company for the period ended December 31, 2006 and the Reports of the Board of Directors and the Auditors thereon.2. Re-appointment of M/s. S R Batliboi & Associates, Chartered Accountants, as Statutory Auditors of the Company to hold office from the conclusion of this Annual general Meeting upto the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.3. Appointment of Mr. Rahul Dhir, Mr. Lawrence Smyth, Sir William B B Gammell, Mr. Norman Murray, Mr. Hamish Grossart, Mr. Naresh Chandra, Mr. Aman Mehta, Dr. Omkar Goswami, & Mr. Indrajit Banerjee, as Directors of the Company, liable to retire by rotation.4. Appointment of Mr. Lawrence W. Smyth, as Whole time Director & Chief Operating Officer of the Company, for a period of 5 years commencing from March 01, 2007, on remuneration, terms & conditions.5. Appointment of Mr. Indrajit Banerjee, as Wholetime Director & Chief Financial Officer of the Company, for a period of 5 years commencing from March 01, 2007, on remuneration, terms & condition.6. To keep the Register of Members, Returns of Allotment made from time to time and copies of all the Annual Returns prepared along with other documents required to be annexed thereto at the offices of Bigshare services Pvt. Ltd. Registrars and Share transfer Agents of the Company at Saki Naka, Mumbai.7. Ratification of the Employee Stock Option Scheme and Employees Stock Purchase Scheme Guidelines, 1999 (the Cairn India Performance Option Plan (2006) and the Cairn India Employee Stock Option Plan (2006) as approved by the shareholders of the Company at the Extraordinary General Meeting of the Company held on November 17, 2006.