Impex Ferro - Outcome of AGM

• Security Code: 532614
• Company: IMPEXFERRO

Impex Ferro Tech Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on September 20, 2008, inter alia, have accorded the following:

1. The Audited Balance Sheet as at March 31, 2008 and the Profit & Loss Account for the year ended on that date together with the Directors Report and Auditors’ Report thereon was considered and approved.

2. Mr. Krishna Kumar Chanani & Mr. Prem Narayan Khandelwal, who retires by rotation and being eligible, offers themselves for re-appointment, was appointed as directors of the Company.

3. M/s. S Jaykishan, Chartered Accountants was appointed as the Auditors of the Company from the conclusion of this annual general meeting till the conclusion of the next Annual General Meeting and the Board of Directors of the Company was authorized to fix as their remuneration.

4. Appointment of Mr. Ashok Kumar Jain as a Director of the Company, shall be liable to retire by rotation.

5. Re-appointment of Mr. Suresh Kumar Patni as Managing Director for a further period of 5 (Five) years, on remunerations, terms & conditions.

6. Re-appointment of Mr. Virendra Kumar Jain as Whole time Director for a further period of 5 (Five) years, on remunerations, terms & conditions.