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| Exchange Disseminated Time | Shivam Autotech Ltd has informed BSE that the members at the 5th Annual General Meeting (AGM) of the Company held on September 29, 2010, inter alia, have accorded to the following:
1. Adoption of Directors’ Report and Audited Profit & Loss Account for the year ended March 31, 2010 and the Balance Sheet as at that date together with the Cash Flow Statement and the Auditor thereon.
2. Declaration of Dividend @ 15% i.e. Rs.1.50 per equity share of Rs. 10 each for the year ended March 31, 2010.
3. Re-appointment of Mr. Satyanand Munjal, Mr, Bijmohan Lall Munjal & Mr. O P Munjal as Directors, whose office
shall be liable to retirement rotation.
4. Re-appointment of M/s. S S Kothari Mehta & Co. as Statutory Auditors of the Company for the Financial Year 2010-11.
5. Increase in remuneration of Mr. Neeraj Munjal, Managing Director of the Company w.e.f. April 01, 2010. |
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