|
| Exchange Disseminated Time | Cubex Tubings Ltd has informed BSE that the members at the 26th Annual General Meeting (AGM) of the Company held on November 12, 2005, inter alia, have accorded to the following:
1. Adoption of the Balance Sheet of the Company as at June 30, 2005 and the Profit & Loss Account of the Company for the year ended on that date along with Reports of the Directors and Auditors thereon and cash flow statement.
2. Re-appointment of Smt Veena Bhandari and Smt Suman Botra as Directors of the Company, liable to retire by rotation.
3. Re-appointment of M/s P Murali & Associates, Chartered Accountants, as Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next AGM of the Company.
4. Alteration of Article of Association of the Company.
5. Authority to Board to offer, issue and allot at any time to or for the benefit to such persons who are in permanent employment of the Company including Director of the Company whether whole time or not whether working in India or out of India under a scheme titled Cubex Employees Stock Option Scheme "CESOS" or such other name as may deem proper such number of warrants (including option) of the Company convertible at the option of the warrants holders within an aggregate time period of 18 months from the date allotment of warrants, not exceeding 10% of the paid up capital of the Company of the face value of Rs 10/- each at such price in one or more tranches, subject to necessary approvals and provisions. |
|
|