|
| Exchange Disseminated Time | Nahar Exports Ltd has informed BSE that the members at the 19th Annual General Meeting (AGM) of the Company held on September 10, 2007, inter alia, have accorded to the following:
1. Adoption of the Profit & Loss Account for the year ended March 31, 2007 and Balance Sheet as on date together with the Report of Auditors and Directors thereon.
2. Declaration of dividend @ 15% (i.e. Rs 0.75 per fully paid up share) on paid up equity share capital of the Company for the year ended March 31, 2007 out of the current years profits.
3. Appointment of Dr. Dinesh Oswal, Sh. Jawahar Lal Oswal, Dr. (Mrs.) H K Bal & Sh. Suresh Kumar Singla as Director of the Company, liable to retire by rotation.
4. Re-appointment of M/S Gupta Vigg. & Co. Chartered Accountants, Ludhiana, as Auditors of the Company to hold office until the conclusion of the Next Annual General Meeting of the Company, on remuneration terms & conditions.
5. Changed the name of the Company from Nahar Exports Ltd to Nahar Investment & Holding Ltd, subject to necessary provisions and approvals.
6. Appointment of Mr. Satish Kumar Sharma as Director of the Company.
7. Appointment of Sh. Satish Kumar Sharma, as Executive Director of the Company, for a period of 5 years w.e.f. August 01, 2007, on remuneration terms & conditions. |
|
|