Outcome of AGM

• Security Code: 590078
• Company: MAITHANALL

Maithan Alloys Ltd has informed BSE that the members at the 25th Annual General Meeting (AGM) of the Company held on August 18, 2010, inter alia, have accorded to the following:

1. Adoption of Audited Balance Sheet as at March 31, 2010, Profit and Loss Account for the year ended on that date and the Report of Board of Directors' and Auditors thereto.

2. Declaration of Dividend @ Re. 1/- per equity share of Rs. 10/- each.

3. Appointment of Sri. Shrigopal Jhunjhunwala & Sri. Vikram Kumar Jewrajka, as Directors of the Company.

4. Appointment of M/s. D K Chhajer & Co., Chartered Accountants, as the Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company, at a remuneration to be decided by the Board of Directors.