Ashim Investment - Outcome of AGM
Ashim Investment Company Ltd has informed BSE that the members at the 32nd Annual General Meeting (AGM) of the Company held on March 27, 2008, inter alia, have accorded the following:
1. Adoption of the Audited Accounts of the Company for the financial year ended June 30, 2007 and the Reports of the Directors and Auditors thereon.
2. (a) Declaration and / or confirmation of Dividend on the 89,161 7% Cumulative Redeemable Preference Shares of Rs 10 each of the Company at the fixed rate of 7% p.a. for the financial year ended June 30, 2007.
(b) Declaration and / or confirmation of Dividend for the financial year ended June 30, 2007, on the 59,50,508 Equity Shares of Rs 10 each of the Company at the rate of 10% (i.e. Re 1.00 per share).
3. Re-appointment of Shri. Sitab Chand Jain as a Director of the Company, liable to retire by rotation.
4. Re-appointment of M/s. G P Agrawal & Co., Chartered Accountants, as Auditors of the Company to hold office from the conclusion of the 32nd Annual General Meeting of the Company until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.
5. Appointment of Shri. Deepak Kumar Rajgarhia as a Director of the Company, liable to retire by rotation.
Tags: Ashim Investment