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| Exchange Disseminated Time | Munjal Auto Industries Ltd has informed BSE that the shareholders at the 22nd Annual General Meeting (AGM) of the Company held on September 22, 2007, inter alia, have approved declaration of 50% dividend on the equity shares of the Company for the year ended on March 31, 2007.
Apart from items under ordinary business, the shareholders also approved the following major items under special business:
1. Upward revision in the emoluments to be paid to Mr. Sudhir Munjal, Managing Director and Mrs. Anju Munjal, Whole-time Director of the Company for the remaining tenure of their contracts of appointment w.e.f. April 01, 2007. |
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