Wednesday, August 13, 2008

LKP Merchant : Outcome Of AGM - Aug 13 , 2008

LKP Merchant Financing Ltd has informed that the members at the 24th Annual General Meeting (AGM) of the Company held on August 09, 2008, inter alia, have transacted the following:

1. Adoption of the Audited Balance Sheet and Profit and Loss Account for the year ended March 31, 2008 and Report of Directors and Auditors thereon.

2. Declared a dividend of 20% for the year ended March 31, 2008, on Equity Share Capital of the Company.

3. Re-appointment of Mr. Vineet N Suchanti, as a Director of the Company.

4. Re-appointment of M/s. Ford, Rhodes, Parks and Co., Chartered Accountants, the Auditors of the Company to hold office from the conclusion of the next Annual General Meeting of the Company on remuneration, terms & conditions.

5. Change the name of the Company from LKP Merchant Financing Ltd to LKP Finance Ltd.

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