Thursday, May 29, 2008

Outcome Of Indian Hume’s Board Meeting

Indian Hume Pipe Company Ltd has informed that the Board of Directors of the Company at its meeting held on May 28, 2008, have, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company schedule to be held on July 30, 2008 have:

1. Approved the reappointment of Mr. Rajas R Doshi as Managing Director and designated as Chairman & Managing Director of the Company for a further period of five years from July 01, 2008 to June 30, 2013.

2. Approved the proposal of commencement of new business relating to development of real estate.
The Board of Directors has also convened the 82nd Annual General Meeting of the Company on July 30, 2008.

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