Shyam Telecom - Outcome of AGM

• Security Code: 517411
• Company: SHYAMTEL

Shyam Telecom Ltd has informed BSE that the members at the 15th Annual General Meeting (AGM) of the Company held on September 30, 2008 inter alia, have passed all the resolutions as proposed in the Notice of 15th AGM.

Item listed at Sl No. 4 of the notice relates to the reappointment of Mr. Hemant Kumra, a Director retiring by rotation. After the notice of the Annual General Meeting had been issued, Mr. Hemant Kumra resigned from the office of Director vide his letter of resignation dated September 03, 2008 with immediate effect. Hence the following resolution was passed:

"RESOLVED THAT Mr. Hemant Kumra, Director, retiring by rotation be and is hereby not reappointed as resigned w.e.f. September 03, 2008 thereby causing a vacancy on the Board."