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| Exchange Disseminated Time | Lumax Industries Ltd has informed BSE that the members at the 29th Annual General Meeting (AGM) of the Company held on July 22, 2010, inter alia, have considered and approved the following proposals:
1. Received, considered and adopted the Audited Accounts for the year ended March 31, 2010 and the Auditors' and Directors' Reports, thereon.
the Register of Members & Share Transfer Books of the Company will remain closed from to (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on
2. Declared a Dividend of Rs. 3/- (30%) per Equity Shares as recommended by the Board of Directors.
3. Approved the re-appointment of Mr. Gursaran Singh, Mr. Suman Jyoti Khaitan, Mr. Deepak Jain & Mr. Dhiraj Dhar Gupta as Directors.
4. Approved the re-appointment of M/s S.R. Batliboi & Associates, Chartered Accountants as Statutory Auditors of the Company.
5. Approved the appointment of Mr. Rattan Kapur as Director.
6. Increased the Borrowing Powers of the Board of Directors up to Rs.500 crores. |
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