|
| Exchange Disseminated Time | Hilton Metal Forging Ltd has informed BSE regarding the proceedings of the 4th Annual General Meetings (AGMs) of the Company held on September 24, 2009 inter-alia has accorded the followings.
1. Adoption of Accounts for the year ended March 31, 2009.
2. Re-appointment of Mr. Harmohindar Singh Dhingra, Mr. Navin Chokshi & Mr. Joseph Mckay as Director of the Company.
3. Declaration of Dividend - The resolution proposed by the Board of Directors was amended by the Shareholders & finally resolution was passed declaring dividend @ Re. 0.25 per Share instead of Re. 1/- per share by overwhelming majority.
4. Re-appointment of M/s. R. K. Chaudhary & Associates as Auditors of the Company to hold the office from the conclusion of this Annual General Meeting till the conclusion of the next Annual general Meeting.
5. Approval of shareholders to variations in the usage of funds raised through IPO & Term loan.
6. approval of shareholders u/s 314 of the Companies Act, 1956 to the remuneration payable to Mrs.Diksha Maholtra w.e.f. April 01, 2009 on remuneration, terms & conditions. |
|
|