Garware Polyester - AGM on Dec 18, 2007
Garware Polyester Ltd has informed BSE that the 15th Annual General Meeting (AGM) of the members of the Company will be held on December 18, 2007, inter alia, to transact the following business:
1. To receive, consider and adopt the audited Balance Sheet as at March 31, 2007 and the Profit and Loss Account for the year ended on that date and the Reports of the Directors and the Auditors thereon.
2. To appoint Directors in place of Mrs. M Garware Modi, Mr. Gautam Doshi & Mr. N P Chapalgaonkar, who retires by rotation and, being eligible, offers themselves for re-appointment.
3. To appoint Auditors and to fix their remuneration.
4. To appoint Ms. Sonia Garware, Mr. Dilip J Thakkar, Mr. Nimish G Pandya as Directors of the Company, liable retire by rotation.
5. To re-appointment of Mr. A B Bhalerao to the office of Whole-Time Director of the Company designated as Director-Technical for a period commencing from October 01, 2006 to May 31, 2007, on remuneration, terms & conditions.
6. a. To appoint Mr. M S Adsul as a Director of the Company, liable to retire by rotation.
b. To appoint Mr. M S Adsul to the office of Whole-Time Director of the Company designated as Director - Technical for a period from August 01, 2007 for a tenure of five years, on remuneration, terms & conditions.
7. To the approval of the Central Government, Article 117(b) of the Articles of Association of the Company be altered by substituting the word “twelve” with the words “fifteen”.