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| Exchange Disseminated Time | PNB Gilts Ltd has informed BSE that the members at the 13th Annual General Meeting (AGM) of the Company held on August 19, 2009, inter alia, have accorded the following:
1. Adoption of the Audited Balance Sheet as at March 31, 2009 and Profit and Loss Account for the year ended on that date along with Directors Report, Auditors Report and CAG Comments thereon.
2. Declaration of final dividend at the rate of Rs 0.80 for the year ended March 31, 2009.
3. Re-appointment of Dr. O P Chawla & Mr. Agarwal as Directors of the Company.
4. Authority to the Board of Directors of the company to appoint the Statutory Auditors as and when appointed by the Comptroller and Auditor General of India and to fix the remuneration of Auditors so appointed for the financial year 2009-10.
5. Appointment of Sh. M S Aftab, Sh. P P Pareek, Sh. S K Dubey & Sh. S Ranaganathan as Directors of the Company whose period of office will be liable to retirement by rotation.
6. Appointment of Sh. S Ranganathan as the Managing Director of the company for a period of three years w.e.f. June 29, 2009 on the terms and conditions as set out in the Explanatory Statement annexed to the notice, subject to necessary provisions and approvals.
7. Appointment of Sh. Nagesh Pydah, as Director of the Company whose period of office will not be liable to retirement by rotation. |
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