|
| Exchange Disseminated Time | Balaji Amines Ltd has informed BSE that the shareholders at the 22nd Annual General Meeting (AGM) of the Company held on September 08, 2010, inter alia, have accorded to the following:
1. Adoption of audited Balance Sheet of the Company as at March 31, 2010 and the Profit and loss A/c, the Cash Flow Statement for the year ended on that date and the Report of the Board of Directors and Auditors thereon.
2. Final Dividend of Rs. 2.50 per Equity Share of the Company of Rs. 10/- each.
3. Re-appointment of Sri. T. Naveena Chandra and Sri. D. Ram Reddy as director liable to retire by rotation..
4. Appointment of M/s. V Sridhar & Co, Chartered Accountants as Statutory Auditors to hold office from the conclusion of this Annual General Meeting until conclusion of the next Annual General Meeting.
5. Sub-division of existing equity shares of the Company of the face value of Rs. 10/- (Rs. Ten) each fully paid up into 5 (Five) equity shares of Rs. 2/- ( Rs Two) each fully paid up.
6. Re-appointment of Sri. A Prathap Reddy as Managing Director, Sri. N Rajeshwar Reddy as Executive Director, Sri D. Ram Reddy as Director- Commercial and Sri. G Hemanth Reddy is Whole Time Director.
7. Increase of borrowing powers pursuant to Section 293(1)(d) of the Companies Act, 1956 upto Rs. 500 Crore. |
|
|