Super Tannery - Outcome of AGM

Super Tannery India Ltd has informed that the shareholders at the 23rd Annual General Meeting (AGM) of the Company held on December 22, 2007, inter alia, have transacted the following:

1. Adoption of Audited Profit & Loss account of the Company for the year ended onMarch 31, 2007, the Balance Sheet as on that date and Report of the Board of Directors & Auditors thereon - Approved.

2. Re-appointment of Dr. Subhash Awasthi, Dr. Mohd. Izhar as Directors of the Company, liable to retire by rotation - Approved.

3. Re-appointment of Dr. Nafees Ahmed as director of the Company, liable to retire by rotation - Disapproved.

3. Re-appointment of M/s. Kapoor Tandon & Co., as an Auditor of the Company, on remuneration, terms and conditions - Approved.

4. Donation to charitable institution - Approved.

5. Re-appointment of Mr. Iftikharul Amin as Managing Director for 3 years from November 01, 2007, on remuneration, terms & conditions - Approved.

6. Re-appointment of Mr. Iqbal Ahsan as Joint Managing Director for 3 years from November 01, 2007, on remuneration, terms & conditions - Approved.

7. Re-appointment of Mr. Veqarul Amin as Whole Time Director for 3 years from November 01, 2007, on remuneration, terms & conditions - Approved.

8. Re-appointment of Mr. Imran Siddiqui as Whole time Director of the Company for 5 years from August 30, 2007 - Approved.

9. Declaratin of Result of Postal Ballot for the alternation of the Objects Incidental or Ancillary to the Attainment of the Main Object Clause of the Memorandum of Association of the Company - on the basis of the Report submitted by the Scrutinizer, has been declared as passed as a special resolution.

10. Delisting of the Shares from U P Stock Exchange Association Ltd - Approved.

11. Appointment of Mr. Kishore Kumar Patni as a Director of the Company in term of nomination by Mr. Naresh Jain under Section 257 of the Companies Act, 1956 - Disapproved.