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| Exchange Disseminated Time | Novartis India Ltd has informed BSE that the members at the 59th Annual General Meeting (AGM) of the Company held on July 20, 2007, inter alia, have accorded to the following:
1. Declaration of interim dividend of 200% (i.e. Rs 10/- per share), as Final Dividend.
2. Appointment of Messrs. Price Waterhouse, Chartered Accountants, as Auditors of the Company for the financial year ending on March 31, 3008, on remuneration, terms & conditions.
3. Re-appointment of Dr. R Mehrotra as a Director of the Company, liable to retire by rotation.
4. Appointment of Mr. J Hiremath as a Director of the Company.
5. Payment of remuneration, to Non-executive Directors, computed on the net profit of the Company, for a further period of 5 years commencing from October 02, 2007. |
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