|
| Exchange Disseminated Time | Ramco Industries Ltd has informed BSE that the members at the 43rd Annual General Meeting (AGM) of the Company held on August 11, 2008, inter alia, have accorded to the following:
1. Adoption of the audited Profit and Loss Account for the year ended March 31, 2008, the Balance Sheet as at that date and the reports of the Directors and the Auditors thereon.
2(a) Confirmed the 1st Interim Dividend of Rs 5.00 per Equity Share of Rs 10/- each (i.e. 50%) & the 2nd Interim Dividend of Rs 5.00 per Equity Share of Rs 10/- each (i.e. 50%) paid during the year 2007-08.
(b) Declaration of the Final Dividend of Rs 5.00 per Equity Share of Rs 10/- each (i.e. 50%) which together with the two Interim Dividends as aforesaid would give a total Dividend of Rs 15.00 per Equity Share (i.e. 150%) for the year ended March 31, 2008.
3. Re-appointment of Dr. A Ramkrishna, Shri. N K Shrikantan Raja as Directors of the Company.
4. Appointment of M/s. M S Jagannathan & N Krishnaswami, Chartered Accountants and M/s. CNGSN & Associates, Chartered Accountants, Chennai as Joint Auditors of the Company to hold office from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting of the Company on remunerations, terms & conditions.
5. Appointment of Shri. S A Bhima Raja as Whole Time Director of the Company for a period of three years with effect from January 31, 2008, on remuneration, terms & conditions.
6. Re-appointment of Shri. P R Venketrama Raja, as the Vice-Chairman and Managing Director (VCMD) of the Company for a further period of Five Year with effect from June 28, 2008, on remuneration, terms & conditions. |
|
|