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| Exchange Disseminated Time | Sri Ramakrishna Mills Coimbatore Ltd has informed BSE that the members at the 64th Annual General Meeting (AGM) of the Company held July 22, 2011, on inter alia, have accorded to the following:
1. Adoption of the Audited Balance Sheet of the Company as at March 31, 2011 and the Profit and Loss account and the Cash Flow Statement for the financial year ended on that date, together with the Schedule and Notes attached thereto alongwith the Reports thereon of the Directors and :the Auditors.
2. Re-appointed Sri R Narayanamurthy as a Director of the Company and that his period of office be liable to determination by retirement of Directors by rotation.
3. Re-appointed M/s M S Jagannathan & Visvanathan, Chartered Accountants, as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting on remuneration, terms & conditions.
4. Revised remuneration of Smt L Nagaswarna, the Chief Executive of the company with effect from May 01, 2011 and with annual increments that may be approved by Remuneration Committee subject to the approval of Board subject to the ceiling as may be fixed by the Govt. under Section 314 of the Companies Act, 1956 from time to time. |
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