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| Exchange Disseminated Time | Poly Medicure Ltd has informed BSE that the members at the 16th Annual General Meeting (AGM) of the Company held on September 08, 2011, inter alia, have accorded to the following:
1. Adoption of Annual Accounts of the Company together with the Directors Report and the Auditors Report for the year ended March 31, 2011.
2. Declaration of dividend at the rate of 30% (i.e. Rs. 3.00 only) per Equity Shares of the face value of Rs. 10 each for the financial year ended March 31, 2011.
3. Re-appointment of Shri Devendra Raj Mehta and Shri Jugal Kishore Baid, liable to retire by rotation of the Company.
4. Re-appointment of M/s. Doogar & Associates, Chartered Accountant as Statutory Auditors of the Company.
5. Appointment of Shri Vishal Baid as President (Corporate Business) of the Company for a period of five years w.e.f. June 01, 2011.
6. Re-appointment of Shri Himanshu Baid, as Managing Director and Shri Rishi Baid, as Executive Director of the Company for a period of three years and revised the Remuneration thereof.
7. Increasing in the sitting fees to Rs. 25,000 payable to Non-Executive directors for every meeting of the Board and committee thereof.
8. Approval of the resolution under section 81(1-A) for granting 20,440 options to the eligible employees. |
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