|
| Exchange Disseminated Time | Somany Ceramics Ltd has informed BSE that the members at the 43rd Annual General Meeting (AGM) of the Company held on August 11, 2011, inter alia, have approved the following:
1. Adoption of the Audited Balance Sheet as at March 31, 2011 and the Profit & Loss Account for the year ended on that date together with the Reports of the Directors’ and Auditors’ thereon.
2. Declaration of the Dividend of Rs. 0.70 per share on 34,497,000 equity shares of Rs. 2/- each for the year ended March 31, 2011.
3. Reappointment of Shri R. K. Daga, as a Director of the Company, liable to retire by rotation.
4. Reappointment of Shri Ravinder Nath, as a Director of the Company, liable to retire by rotation.
5. Appointment of M/s. Lodha & Company, Chartered Accountants, as a Statutory Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.
6. Reappointment of Shri Shreekant Somany as the Chairman and Managing Director of the Company for a period of 3 (Three) years commencing from September 01, 2011 till August 31, 2014, on remuneration, terms & conditions.
7. Reappointment of Shri Abhishek Somany as the Joint Managing Director of the Company, for a period of 3 (Three) years, commencing from June 01, 2012 till May 31, 2015, on remuneration, terms & conditions. |
|
|