|
| Exchange Disseminated Time | Tamil Nadu Newsprint & Papers Ltd has informed BSE that the members at the 30th Annual General Meeting (AGM) of the Company held on September 08, 2010, inter alia, have accorded to the following :
1. Adoption of the Balance Sheet of the Company as on March 31, 2010, Profit and Loss Account for the year ended March 31, 2010, Auditors' Report thereon and Directors' Report of the Company.
2. Declaration of dividend at the rate of 45% on fully paid up equity share of Rs.10/- each for the year.
3. Re-appointment of Thiru V Narayanan, as Director of the Company.
4. The vacancy caused by the retirement of Thiru V R Mehta who has opted not to seek re-election be left unfilled for the present.
5. Consent of the Company is accorded for payment of remuneration to M/s. P B Vijayaraghavan & Co., Statutory Auditors, besides reimbursement of travelling and out of pocket expenses at actual subject to other terms and conditions laid down by the Office of the Comptroller and Auditor General of India in their letter No. dated August 12, 2009.
6. Appointment of Thiru Rajeev Ranjan IAS & Thiru Vikram Kapur IAS, as Director of the Company.
7. Appointment of Thiru T K Ramachandran IAS as Managing Director of the Company w.e.f. May 26, 2010 on such terms and conditions and such remuneration as may be prescribed by the Government of Tamil Nadu from time to time, subject to necessary provisions & approvals. |
|
|