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| Exchange Disseminated Time | PEARL Polymers Ltd has informed BSE that the members at the 40th Annual General Meeting (AGM) of the Company held on September 22, 2011, inter alia, have passed the following:
1. Adoption of Annual Accounts for the year ended March 31, 2011 together with the Reports of the Directors' and Auditors’ thereon.
2. Confirmation of payment of dividend, on Preference Shares.
3. Re-appointment of Mr. Varun Seth, Director retiring by rotation, as Director of the Company.
4. Re-appointment of Mr. Ramesh Mehra, Director retiring by rotation as Director of the Company.
5. Re-appointment of M/s. J. C. Bhatia & Co., Chartered. Accountants as the Statutory Auditors of the Company to hold office upto the conclusion of next Annual General Meeting and authorisation to the Board of Directors to fix their remuneration.
6. Authorisation to the Board of Directors to appoint Branch Auditors for any of the Branches of the Company.
7. Re-appointment of Mr. Chand Seth as Chairman & Managing Director of the Company w.e.f. April 01, 2011, for a further period of 3 years on remuneration detailed in the explanatory statement annexed to the Notice of the meeting.
8. Re-appointment of Mr. Harish Seth as Vice & Managing Director of the Company w.e.f. August 01, 2011 for a further period of 3 years on remuneration detailed in the explanatory statement annexed to the Notice of the said meeting.
9. Revision in terms of appointment of Mr. Udit Seth, holding an office or place of profit as Vice President-Sales & Marketing in the Company.
10. Appointment of Mr. Amit Seth to the position of an Executive Director; an office or place of profit in the Company. |
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