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| Exchange Disseminated Time | Munjal Auto Industries Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on September 28, 2005, inter alia, have approved declaration of 40% dividend on the equity shares of the Company for the year ended on March 31, 2005.
Apart from items under ordinary business, the shareholders also approved the following major items under special business:
1. Re-appointment of Mr. Neeraj Munjal as Whole Time Director of the Company for further period of five years commencing from February 01, 2005.
2. Increase in borrowing limits of the Company from Rs 500 million to Rs 1000 million as per the provisions of Section 293(1)(d) of the Companies Act, 1956. |
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