Information Given to Stock Exchanges

Outcome of 9th Annual General Meeting on September 28, 2007

The meeting for the 9th Annual General Meeting (AGM) of the Company was held on September 28, 2007 at the registered office of the company and discuss the following subjects:

• Adoption of the Audited Balance Sheet as at March 31, 2007 and the Profit & Loss Account for the year ended March 31, 2007 of the Company, together with the Auditors Report thereon
• Appointment of Mr. A. Ganesan & Mr. R. Dakshinamurthy as Directors of the Company, liable to retire by rotation
• Re-appointment of Mr. G. Parthasarathy, FCA, Chartered Accountants as Statutory Auditors of the Company to hold office from the conclusion of this Annual General Meeting upto the conclusion of the next Annual General Meeting of the Company on remuneration, terms & conditions
• Appointment of Mr. A. Sivakumaran as a Director of the Company, liable to retire by rotation.