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| Exchange Disseminated Time | ARSS Infrastructure Projects Ltd has informed BSE that in the 11th Annual General Meeting of the Shareholders of the Company held on September 24, 2011, following matters has been taken up :
1. Adoption of Balance Sheet as at March 31m 2011 and the Profit & Loss account of our Company for the year ending on that date.
2. Re-appointment of Dr. D. Samal as Director liable to retire by rotation.
3. Declaration of Dividend of Re. 1/- Per Equity Shares (@ 10%).
4. Re-appointment of M/s. P.A. & Associates, Chartered Accountants as Statutory Auditors of the Company.
5. Declaration of the Result of the postal ballot process in respect of the resolutions as stated under item no. 5 to 7 of the notice Calling the 11th Annual General Meeting, i.e. Increase in the Borrowing power of the Company upto Rs.3000 Crores, Create Mortgages / Charges over the Assets of the Company in order to secure the repayment of the Borrowings & Shifting of Registered office from the State of Orissa to Delhi.
6. Withdrawal by the Chairman of the Resolutions in respect of the Item no. 8 to 10 of the Notice calling the 11th Annual General Meeting i.e. relating to the enhancement of remuneration payable to Directors Relatives holding office or place of profit.
7. Enhancement of remuneration of 3 Whole time Directors. |
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