Proceedings of the 11th Annual General Meeting held on December 07, 2009

We wish to inform you that the 11th Annual General Meeting of the Company was held on Monday, December 07, 2009 at Hotel New Woodlands, Dr. Radhakrishnan Salai, Mylapore, Chennai – 600 004 at 12.30 Noon and discussed and approved the following by adopting resolutions by majority:

 

1. Consideration and adoption of the Balance Sheet as at March 31, 2009 and the Profit and Loss account for the year ended March 31, 2009 and the Auditors’ report thereon.

 

2. Appointment of Mr. A. Ganesan as Director, who shall be liable to retire by rotation.

 

3. Appointment of M/s. R. Ravindran & Associates, Chartered Accountants as Statutory Auditor of the Company who shall hold office from the conclusion of 11th Annual General meeting upto the conclusion of the next Annual General Meeting and authorised the Board of Directors to fix the remuneration payable to him.

 

4. Re-appointment of Mr. A. Venkatramani, as the Managing Director of the Company for a period of 5 years with effect from April 1, 2009.

 

5. Appointment of Mr. S. Thiruvengadam as a Director, liable to retire by rotation.