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| Exchange Disseminated Time | Munjal Auto Industries Ltd has informed BSE that the members at the 23rd Annual General Meeting (AGM) of the Company held on September 23, 2006, inter alia, have accorded to the following:
1. Declaration of 50% dividend on the equity shares of the Company for the year ended on March 31, 2006.
2. Upward revision in the emoluments to be paid to Mr Sudhir Munjal, Managing Director and Mrs Anju Munjal, Whole time Director of the Company for the remaining tenure of their contracts of appointment w.e.f. April 01, 2006. |
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