Tuesday, March 11, 2008

Aksh Optifibre - Outcome Of AGM

Aksh Optifibre Ltd has informed that the members at the 21st Annual General Meeting (AGM) of the Company held on January 28, 2008, inter alia, have accorded the following:

1. Adoption of the Balance Sheet as at September 30, 2007 and the Profit & Loss account for the period ended on that time together with the Reports of the Directors and the Auditors thereon including the Annexures thereto.

2. Declaration of a dividend @ Rs 0.50 per equity share for the Financial Period ended 2006-2007.

3. Re-appointment of Mr. P F Sundesha, Mr. Sanjay Kalra as Directors of the Company, liable to retire by rotation.

4. Appointment of M/s. P C Bindal & Company, Chartered Accountants, as the Auditors of the Company to hold office from the conclusion of this Annual General Meeting up to the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.

5. Appointment of Mr. Narendra Kumbhat as a Director of the Company, liable to retire by rotation.

No comments: