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| Exchange Disseminated Time | Karma Energy Ltd has informed BSE that the members at the 4th Annual General Meeting (AGM) of the Company held on September 30, 2011, inter alia, have accorded to the following:
1. Adoption of the Audited Profit and Loss Account for the year ended March 31, 2011 and the Balance Sheet as at that date together with the Report of the Directors and Auditors.
2. Declaration of a Dividend of 5% on the Equity shares for the year ended March 31, 2011.
3. Re-appointment of Shri Ganesh N. Kamath, as a Director of the Company.
4. Re-appointment of M/s. U. B. Sura & Go., Chartered Accountants and M/s. Shyam C. Agrawal & Co., Chartered Accountants Jointly as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration terms & conditions.
5. Appointment of Shri Vishnu P. Kamath, Shri Vinesh N. Davda & Shri Kishore M. Vussonji, as Directors of the Company, liable to retire by rotation. |
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