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| Exchange Disseminated Time | Agre Developers Ltd has informed BSE about the following :
1. 3rd Annual General Meeting of the Company held on September 28, 2011
2. Meeting of Equity Shareholders of the Company held on September 28, 2011 in the matter of Scheme of Amalgamation between (i) Future Realtors India private Limited ("Transferor Company 1") (ii) AIGL Holding and Investments Private Limited ("Transferor Company 2") (iii) Prudent Vintrade Private Limited ("Transferor Company 3") with Agre Developers Limited (" Company") and their respective shareholders and creditors, pursuant to the Orders of the Hon'ble Bombay High Court dated August 25, 2011. At the said meeting 99.99% of the members approved the Scheme of Amalgamation.
The members at the 3rd Annual General Meeting (AGM) of the Company held on September 28, 2011, inter alia, have approved the following:
1. Audited Balance Sheet as at March 31, 2011 and the Profit and Loss Account for the year ended on that date together with the Reports of the Board of Directors and Auditors thereon.
2. Appointment of M/s. NGS & Co., Chartered Accountants as statutory auditors of the Company.
3. Appointment of Mr. Anil Baijal as Director of the Company, liable to retire by rotation.
4. Appointment of Mr. Purushottam Lal Agarwal as Director of the Company, liable to retire by rotation.
5. Appointment of Mr. Rahul Saraf as Director of the Company, liable to retire by rotation.
6. Appointment of Mr. Rajesh Kalayni as Director of the Company, liable to retire by rotation.
7. Appointment of Mr. Krishna Kant Rathi, as Director of the Company, liable to retire by rotation.
8. Investment by Foreign institutional investors in the paid up capital of the Company up to
49% of the paid up share capital. |
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