NG Industries - Outcome Of AGM

NG Industries Ltd has informed that the members at the 13th Annual General Meeting (AGM) of the Company held on September 29, 2007, inter alia, have accorded the following:

1. Adoption of the Audited Accounts of the Company for the year ended March 31, 2007, together with Directors and Auditors Reports attached thereto.

2. Declaration of Dividend @ Rs 2.70/- per Equity Share of Rs 10/- each fully paid-up.

3. Re-appointment of Shri. Ashok Kumar Goenka & Mr. Vinod Singhi as Directors of the Company.

4. Appointment of Messrs. M R Singhwi & Co., Chartered Accountants, as 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.