|
| Exchange Disseminated Time | Super Sales India Ltd has informed BSE that the members at the 25th Annual General Meeting (AGM) of the Company held on July 26, 2007, inter alia, have accorded to the following:
Ordinary Business :
1. Adoption of the Profit and Loss Account for the financial year ended March 31, 2007, the Balance Sheet as at that date, the Reports of the Board of Directors and the Report of the Auditors.
2. Declaration of a dividend of Rs 7 per equity share (including a Silver Jubilee Year Dividend of Rs 2/- per share) of Rs 10/- each paid out of the profits of the Company for the financial year ended March 31, 2007.
3. Reappointment of Sri Sanjay Jayavarthanavelu, C B Kariappa as Directors of the Company.
4. Reappointment of M/s S Krishnamoorthy & Company, Chartered Accountants, Coimbatore as Auditors of the Company till the conclusion of the next Annual General Meeting on remuneration and terms and conditions.
Special Business:
5. Appointment of Sri J Raghupathy as a Director of the Company.
6. Authorised the Board to borrow from time to time all such sums of monies as they may deem requisite for the purpose of the business of the Company notwithstanding that the monies to be borrowed together with monies already borrowed by the Company (apart from temporary loans obtained from the Company's Bankers in the ordinary course of business) exceed the aggregate of the paid up capital of the Company and its free reserve, that is to say reserves not set apart for any specific purpose provided that the total amount upto which monies may be borrowed by the Board of Directors shall not exceed a sum of Rs 500 Crores at any one time (apart from temporary loans obtained from the Company's bankers in the ordinary course of business). |
|
|