Thursday, August 28, 2008

India Cements - Outcome of AGM -28 Aug 08

India Cements Ltd has informed that the shareholders at the 62nd Annual General Meeting (AGM) of the Company held on August 28, 2008, inter alia, have accorded the following:

1. Adopted the Accounts for the year ended March 31, 2008 Directors Report and Auditors Report thereon.

2. Declared payment of dividend @ 20% on the equity share capital of the Company.

3. Approved the appointment of the following Directors subject to retirement by rotation:

Ordinary Business

a. Mr. R K Das
Special Business

b. Mr. Ashok Shah

c. Mr. A Sankarakrishnan

d. Mr. N R Krishnan and

e. Ms. Rupa Gurunath

4. Approved the appointment of Auditors M/s. Brahmayya & Co. and M/s. P S Subramania Iyer & Co., Chartered Accountants, Chennai, on remuneration, terms & conditions

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