|
| Exchange Disseminated Time | Munjal Showa Ltd has informed BSE that the members at the 24th Annual General Meeting (AGM) of the Company held on August 07, 2009, inter alia, have accorded to the following:
1. Adoption of the Audited Balance Sheet as at March 31, 2009 and the Profit & Loss Account for the year ended on that date, together with the report of the Directors' and Auditors' thereon.
2. Declaration of dividend at the rate of Rs 2.00 per share on 39,995,000 Equity Shares of Rs 2 each of the Company aggregating to Rs 7,99,90,000 for the year ended March 31, 2009, out of the current profits of the Company.
3. Re-appointment of Mr. Brijmohan Lall Munjal, Mr. Krishan Chand Sethi, Mr. Ashok Kumar Munjal & Mr. Vinod Kumar Agrawal, as Directors of the Company, liable to retire by rotation.
4. Re-appointment of M/s. S R Batliboi & Co., Chartered Accountants, Gurgaon the retiring Auditors as the Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting, on remuneration terms & conditions.
5. Appointment of Mr. Surinder Kumar Mehta, Mr. Nand Dhameja & Mr. Devi Singh, as Directors of the Company, liable to retire by rotation.
5. Variation in terms of appointment of Mr. Yogesh Chander Munjal, Managing Director of the Company with effect from September 01, 2009 for the remaining period of his tenure.
6. Variation in terms of appointment Mr. Kazuhiro Nishioka, Joint Managing Director of the Company with effect from September 01, 2009 for the remaining period of his tenure. |
|
|