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| Exchange Disseminated Time | KCP Ltd has informed BSE that in 70th Annual General Meeting of the Shareholders of the Company, the following resolutions were passed unanimously :
1. Resolution for adoption of the Audited accounts of the Company for the year ended March 31, 2011 and the Reports of Directors and Auditors thereon.
2. Resolution for declaration of a dividend at the rate of 12% per share be paid on 12% Redeemable, Cumulative, Non-convertible Preference Share Capital of the company for the year 2010-11.
3. Resolution for declaration of a Final Dividend of Rs. 0.25 per share (25%) on the paid up equity share capital at the company and confirmation of interim dividends amounting to Re. 0.75 per share paid by the Board during the year making on a total of Re. 1/- per share (100%).
4. Resolution for re-appointment of Sri. O, Swaminathan and Sri. Pinnamaneni Koteswara Rao retiring Directors of the Company as Directors liable to retire by rotation.
5. Resolution for re-appointment of M/s. Brahmayya & Co., Chartered Accountants, Vijayawada as Statutory Auditors of the Company from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting. |
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