Hacked by islam_Bey imhatimi.org

GMR Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 03, 2008, inter alia, has taken the following decision:

1. Recommended a 10% equity dividend and 8% fixed dividend on preference shares.

2. Took on record the resignation of Dr. V Raghunathan as the Managing Director of the Company with effect from June 04, 2008.

3. Appointed Mr. R Ramakrishnan as the Managing Director of the Company with effect from effect from June 04, 2008.

4. Decided to acquire M/s Alagawadi Bireshwar Sugars Pvt Ltd., a Company which holds a license to set up and operate a 3500 TCD Sugar Mill at Raibagh in Karnataka.

5. Approved the shifting of the Company’s Registered Office from Hyderabad to Bangalore, subject to approval of the Members and confirmation of the Company Law Board.

Tags: GMR Industries

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