- Warrants of Interim Dividend, as declared by the Board at its meeting held on the 25.01.2005 @ 7.5% on Equity Paid up Share Capital, have been dispatched to all the members of the Company.
- The members at the Extra Ordinary General Meeting held on the 15th March, 2005 have approved {a} Bonus issue in the ratio of 1:2 {b} authorized the Board to issue of securities and {c} increased in the Authorized Share Capital from Rs. 45 crores to Rs. 65 crores.
- Record date for the purpose of determining entitlement of members/ beneficial owners for the Bonus Shares shall be Friday, the 1st April, 2005, and it has been announced to the Stock Exchanges.
- Bonus Shares have been allotted by the Directors at their meeting held on the 20 th April, 2005. The matters relating to
- crediting of Shares in the Demat Account,
- dispatching of Share/s Certificate/s
- Listing of the Bonus Shares
are completed keeping in view the provisions of listing agreement and relevant law/s.
Recommendation for deceleration of Final Dividend 
The Board of Directors of the Company in their meeting held on the 26th May, 2011, have recommended for declaration by the members at the forthcoming Annual General Meeting, the Final Dividend @ Rs. 0.50 per Equity Share of Rs. 5/- each, fully paid up, for the year ended 31st March, 2011.
The 38th Annual General Meeting of the Company has been duly held on the 26th September, 2005 at 10.00 A.M. at, New Delhi and the following major decisions were taken thereat:-
- Annual Accounts for the year ended 31.03.2005 had been adopted
- Confirmed Interim Dividend and declared Final Dividend @ 5% on the enhanced Paid-up Equity Shares Capital {Post Bonus}.
- Re-appointed Shri D. N. Davar, Shri P. R. Khanna, Shri Rahul C. Kirloskar, as Directors, liable to retire by rotation.
- Re-appointed M/s. Khanna & Annadhanam, Chartered Accountants, as Statutory Auditors of the Company.
- Approved reappointment of Shri Sushil Ansal, as Chairman & Whole Time Director of the Company for a period of 5 years w.e.f. 1 st April, 2005.
- Approved appointment of Shri Anil Kumar, as Whole Time Director & CFO of the Company for a period of 5 years w.e.f. 1 st April, 1005.
- Authorized Board for creation of charge etc. in terms of Section 293{1}{a} of the Companies Act, 1956, for borrowing upto Rs.300 Crores.
- Authorized Board for increasing the borrowing powers in terms of Section 293{1}{d} of the Companies Act, 1956 upto Rs.500 crores.
- Board of Directors of the Company at its meeting held on the 7 th April, 2006 has approved subject to the approval of members {a} the Sub-division the Equity Shares of the Company from their present denomination of Rs. 10/- each to Rs. 5/- each {b} increase in the Authorized Share Capital from Rs. 65 cores to Rs. 100 crores {c} issue of securities up to the extent of Rs. 2000 crores {d} Employee Stock option by way of issuance of maximum 3,50,000 options {shares} of Rs. 5/- each {e} commencement of hotelier and allied business as per "other Objects" of the Memorandum of Association {f} to convene an Extra Ordinary General Meeting of the Company on the 2 nd May, 2006 at New Delhi, for taking the approval of the members for the aforesaid matters.
Notice of Extra Ordinary General Meeting has already been dispatched to all the members on the 8 th April, 2006.
An Extra Ordinary General Meeting has been duly held on the 2 nd May, 2006, at 4.00 P.M. at New Delhi and following decisions were taken thereat:-
- Equity Shares of the Company have been sub-divided from Rs. 10/- per share, fully paid-up, to Rs. 5/- per share, fully paid up.
- The Authorized Share Capital has been increased from Rs. 65 crores to Rs. 100 crores by creation of additional Equity Shares of Rs. 20 crores {i.e 4 crores Equity Shares of Rs.5/- each} and Preference Shares of Rs. 15 crores {i.e 15 lacs Preference Shares of Rs.100/- each}.
- Authority given for issue of securities to the extent of Rs. 2000 crores by way of, inter alia, public issue/ rights or any other basis.
- Approval for issue of securities under Employee Stock Option Scheme to the Employees/Directors of the Company.
- Approval for issue of securities under Employee Stock Option Scheme to the Employees/Directors of Subsidiary Companies of the Company.
- Authority for Commencement of hoteliering & other allied business.
- The Board of Directors of Ansal Properties & Infrastructure Ltd. ("APIL") and Ansal Township & Projects Ltd. ("ATPL") on the 22nd April, 2006, have decided subject to the approvals of Shareholders, Creditors and Delhi High Court, to amalgamate ATPL with APIL, pursuant to the applicable provisions of the Companies Act, 1956 and other relevant law/s.
- The Sub-divided Equity Shares (i.e. from Rs. 10/- each fully paid up to Rs. 5/- each, fully paid up) have been credited in the respective Demat Accounts, in case of demat shares and physical share certificate/s have also been duly dispatched to the respective member/s.
- Equity Shareholders and Secured Creditors of Ansal Properties & Infrastructure Ltd (APIL) and the Unsecured Creditors of Ansal Township & Projects Ltd (ATPL) had approved the proposed scheme of amalgamation and arrangement of ATPL with APIL in their respective meetings, held on the 3 rd day of July, 2006.
- The Hon'ble High Court of Delhi has approved on the 31 st August, 2006 (date fixed for hearing) the Amalgamation and Arrangement of Ansal Township & Projects Ltd. with Ansal Properties & Infrastructure Ltd. Order of High Court has been filed with Registrar of Companies on 12 Sep 2006, the effective date.
The 39th Annual General Meeting of the Company has been duly held on the 28th September, 2006 at 10.00 A.M. at, New Delhi and the following decision were taken thereat:-
- Annual Accounts for the year ended 31.03.2006 have been adopted;
- Declared Dividend @ 20% on the Paid-up Equity Shares Capital;
- Re-appointed Dr. R.C. Vaish, ACM O.P. Mehra (Retd.) and Mr. Lalit Bhasin, as Directors, liable to retire by rotation;
- Re-appointed M/s. Khanna & Annadhanam, Chartered Accountants, as Statutory Auditors of the Company;
- Appointed Mr. Pranav Ansal as regular Director, liable to retire by rotation;
- Approved the revision of salary grade of Mr. Sushil Ansal, Chairman of the Company;
- Authorized Board for creation of charge etc. in terms of Section 293{1}{a} of the Companies Act, 1956, for borrowing upto Rs. 2000 Crores.
- Authorized Board for increasing the borrowing powers in terms of Section 293{1}{d} of the Companies Act, 1956 upto Rs. 2000 crores.
- An Extra General Meeting (EGM) of the Company is scheduled to be held on Saturday, the 18th November, 2006 at 11.00 A.M. at FICCI Auditorium, Tansen Marg, New Delhi - 110 001. Notice of said EGM has already been dispatched to all the members.
An Extra Ordinary General Meeting has been duly held on the 18th November, 2006, at 11.00 A.M. at New Delhi and following decisions were taken thereat:-
- Issue of securities on public issue/ rights/ qualified institutions placement (QIP) basis/ any other basis up to Rs. 2500 crores.
- Issue of upto 8,19,659 nos. of Zero Coupon Secured Redeemable Optionally Convertible Debentures (ROCD) of Rs. 100/- each by way of Preferential Issue to M/s HDFC Ventures Trustee Company Limited ("HI-REF") at a price of Rs. 610.01 per ROCD calculated pursuant to SEBI (DIP) Guidelines, 2000.
- Issue of upto 28,83,149 nos. of Equity Shares of Rs. 5/- each by way of Preferential Issue to M/s Citicorp Banking Corporation, Bahrain, M/s Citigroup Venture Capital International Growth Partnership Mauritius Limited and to its Co-Investment Trusts at a price of Rs. 610.01 per Equity Share calculated pursuant to SEBI (DIP) Guidelines, 2000.
Allotment of Equity Shares on QIP basis
- The Company has issued and allotted 67,50,000 equity shares of Rs. 5/- each on December 12, 2006 to domestic mutual funds, insurance companies and banks at a price of Rs. 1010 per share (i.e. at a premium of Rs. 1005 per share). The said allotment of shares is pursuant to a Qualified Institutions Placement ("QIP") by the Company, in terms of the provisions of Chapter XIII-A of SEBI (Disclosure & Investors Protection) Guidelines, 2000.
- These shares have been credited in the respective demat accounts of the allottees and listing and trading approvals have been obtained from BSE and NSE.
Recommendation for issuance of Bonus Shares
- The Board of Directors of the Company in their meeting held on February 12, 2007, have recommended the issuance of Bonus Shares in the ratio of 1:1 i.e. 1 (One) Equity share of Rs. 5/- each, fully paid up, against every 1(One) Equity share of Rs. 5/- each, fully paid up, held by the members of the Company.
- The requisite approval of the members of the Company shall be sought by way of Voting through Postal Ballot in terms of Section 192A and other applicable provisions, if any, of the Companies Act, 1956.
- The members have approved, by way of voting through Postal Ballot, the issue and allotment of Bonus Shares in the ratio of 1:1. The Bonus Shares shall be allotted to those members whose names will appear in books of the Company as on the 24th April, 2007 i.e. the Record Date.
Payment of Interim Dividend
- The Board at its meeting held on the 13th March, 2007 has approved the payment of Interim Dividend @ 15 % for the period ended December 31, 2006, on the paid up Equity Share Capital of the Company (i.e. Rs. 28,37,52,750/- divided into 5,67,50,550 Equity Share of Rs. 5/- each).
- Warrants of Interim Dividend, as declared by the Board at its meeting held on the 13.03.2007 @ 15% on Equity Paid up Share Capital, have been dispatched to all the members of the Company.
Bonus Issue:
- The Bonus Issue of Equity Shares of the Company in the ratio of 1:1 (i.e. One Equity Share against every One Equity Share of the Company) has been listed on Bombay Stock Exchange Limited ("BSE") and National Stock Exchange of India Limited ("NSE") on May 21, 2007 and is admitted for dealing w.e.f. May 22, 2007.
Amendment in the Other Objects Clause of the Memorandum of Association
- The Board of Directors of the Company in their meeting held on May 4, 2007, have decided to amend the Other Objects Clause of Memorandum of Association of the Company by way of inserting the sub clauses relating to the business of Power and Information Technology/ Information Technology Enabled Services.
- The requisite approval of the members of the Company is being sought by way of Voting through Postal Ballot in terms of Section 192A and other applicable provisions, if any, of the Companies Act, 1956.
- The Postal Ballot Notice and Explanatory Statement along with the Postal Ballot Form have been dispatched to the members on Friday, June 8, 2007
The members of the Company have approved, by way of voting through Postal Ballot
- The alteration of Memorandum of Association by way of insertion of new Objects in "Other Objects" Clause
- The commencement of new business u/s 149 (2A) of the Companies Act, 1956
The Results of Postal Ballot have been announced on 10th July, 2007
- An Annual General Meeting (AGM) of the Company is scheduled to be held on Saturday, the 22nd September, 2007 at 11.00 A.M. at Sri Sathya Sai International Centre & School, Lodhi Road, New Delhi - 110 001. Notice of the said AGM along with the Annual Report 2006-07 has already been dispatched to all the members.
The 40th Annual General Meeting of the Company has been duly held on the 22nd September, 2007 at 11.00 A.M. at, New Delhi and the following major decision were taken thereat:-
- Annual Accounts for the year ended 31st March, 2007 together with the consolidated Financial Statement of the Company have been adopted;
- Confirmed the Interim Dividend @ 15% already declared & paid and declared final dividend @ 10% on the Paid-up Equity Shares Capital;
- Re-appointed Shri D. N. Davar, Shri Rahul C. Kirloskar & Shri P.R. Khanna, as Directors, liable to retire by rotation.
- Re-appointed M/s. Khanna & Annadhanam, Chartered Accountants, as Statutory Auditors of the Company.
- Approved and gave authorization for issue of securities on public issue / rights / qualified institutions placement basis / any other basis up to Rs. 5000 crores.
- Approved and gave authorization for increasing the limit of 24% for holding by registered FII through Portfolio Investment Scheme up to Sectoral Cap / Statutory ceilings.
- Approved the increase in the Authorised Share Capital of the Company from Rs. 110 crores to Rs. 150 crores.
- Approved and authorized Board for creation of charge etc. in terms of Section 293{1}{a} of the Companies Act, 1956, for borrowing upto enhanced limit of Rs. 3000 Crores.
- Approved and authorized Board for borrowing in terms of Section 293{1}{d} of the Companies Act, 1956, upto enhanced limit of Rs.3000 crores.
- Approved the increase in remuneration of Mr. Anil Kumar, Whole Time Director & CEO and revised his grade.
Payment of Final Dividend
- Warrants of Final Dividend, as declared by the Members at their Annual General Meeting held on the 22nd September, 2007 @ 10% on Equity Paid up Share Capital, have been dispatched to all the members of the Company.
Recommendation for deceleration of Final Dividend
- The Board of Directors of the Company in their meeting held on the 30th June, 2008, have recommended for declaration by the members at the forthcoming Annual General Meeting, the Final Dividend @ 25% on the paid up Equity Share Capital of Rs. 56,75,05,500/-
The 41st Annual General Meeting of the Company has been duly held on the 30th September, 2008 at 11.00 A.M. at, New Delhi and the following major decision were taken thereat:-
- Annual Accounts for the year ended 31st March, 2008 together with the consolidated Financial Statement of the Company have been adopted.
- Declared dividend @ 25% on the Paid-up Equity Shares Capital.
- Re-appointed Dr. R.C. Vaish and ACM O.P. Mehra (Retd.) as Directors, liable to retire by rotation.
- Re-appointed M/s. Khanna & Annadhanam, Chartered Accountants, as Statutory Auditors of the Company
Warrants of Final Dividend, as declared by the Members at their Annual General Meeting held on the 30th September, 2008 @ 25% on Equity Paid up Share Capital, have been dispatched to all the members of the Company.
The following matters have been approved by the Board of Directors in their meeting held on the 15th June, 2009:-
- Seeking approval of Shareholders of the Company to issue Securities upto Rs.1500 crores by way of Qualified Institutions Placement basis to resident and/or non resident Qualified Institutional Buyers (QIBs).
- Seeking approval of Shareholders of the Company to issue Securities upto Rs.2500 crores by way of Public issue / any other issue, from time to time.
- Increase the limit of 24% for holding by registered FIIs to 49% or Sectoral Cap / Statutory ceilings, subject to approval of the Shareholders.
The approval of the Shareholders is being sought through Postal Ballot in terms of Section 192A of the Companies Act, 1956 read with Companies (Passing of the Resolution by Postal Ballot) Rules, 2001. In this respect, Postal Ballot Notice together with Postal Ballot Form, have been dispatched to all shareholders on June 16, 2009.
The members of the Company have approved, by way of voting through Postal Ballot:
- Approved and authorized as Special Resolution, the issuance of Securities through Qualified Institutions Placement
- Approved and authorized as Special Resolution, the issue of securities on public issue and/ or any other basis
- Approved and authorized as Special Resolution, for increasing the limit from 24% for shareholding by registered FIIs to 49% or Sectoral Cap / Statutory ceilings
The Results of Postal Ballot have been announced on the 17th July, 2009
Board of Directors at the Board Meeting held on the 28th August, 2009, subject to the approval of the Shareholders, at the ensuing Annual General Meeting, have decided :
- Issue of upto 1,65,12,838 nos. of Warrants to Promoters/ Promoters Group by way of Preferential Issue at a price per Warrant not less than the price calculated pursuant to Chapter XIII of SEBI (DIP) Guidelines, 2000.
- Issue of upto 1,26,11,233 nos. of Equity Shares of Rs. 5/- each fully paid up, by way of Preferential Issue M/s IPRO Funds Ltd., Mauritius, a registered Foreign Institutional Investor (FII) at a price per Equity Share not less than the price calculated pursuant to Chapter XIII of SEBI (DIP) Guidelines, 2000.
An Annual General Meeting (AGM) of the Company is scheduled to be held on Tuesday, the 29th September, 2009 at 2.30 P.M. at FICCI Auditorium, Tansen Marg, New Delhi - 110 001. Notice of the said AGM along with the Annual Report 2008-09 has already been dispatched to all the members.
The 42nd Annual General Meeting of the Company has been duly held on the 29th September, 2009 at 2.30 P.M. at, New Delhi and the following major decision were taken thereat:
- Audited Annual Accounts for the year ended 31st March, 2009 together with the Consolidated Financial Statement of Accounts for the year ended on that date have been adopted
- Declared dividend @ 10% (i.e. Rs 0.50 per Equity Share of Rs.5/- each fully paid up ) on the Paid-up Equity Share Capital
- Re-appointed Shri Lalit Bhasin and Shri P.R. Khanna as Directors, liable to retire by rotation
- Appointed M/s. S.R. Batliboi & Associates, Chartered Accountants, Gurgaon, Haryana, as Statutory Auditors of the Company to hold office from the conclusion of this AGM till conclusion of next AGM
- Approved and gave authorization for issue upto 1,26,11,233 Equity Shares by way of Preferential Issue to the persons other than Promoters / Promoter Group i.e. IPRO Funds Ltd., Mauritius, a SEBI approved sub account of a Foreign Institution Investor (FII)
- Approved and gave authorization for issue upto 1,65,12,838 Warrants by way of Preferential Issue to the Promoters / Promoter Group i.e. Shri Sushil Ansal, Dr.Smt. Kusum Ansal, Sushil Ansal & Sons (HUF), Smt. Sheetal Ansal, Pranav Ansal & Sons (HUF), Master Ayush Ansal U/s. Sh. Pranav Ansal, Km. Anushka Ansal U/G Shri Pranav Ansal
Payment of Final Dividend
- Warrants of Final Dividend, as declared by the shareholders at their Annual General Meeting held on the 29th September, 2009 @ Rs. 0.50 per Equity Shares of Rs, 5/- each, fully paid up (i.e. 10% on Equity Paid up Share Capital), have been dispatched to all the members of the Company.
Approval for appointment of New Statutory Auditors
- The Board of Directors of the Company in their meeting held on the 5th April, 2010, have proposed the appointment of M/s S.S Kothari Mehta & Company, Chartered Accountants as Statutory Auditors by the Shareholders to fill the casual vacancy in this respect.
- The requisite approval of the Shareholders of the Company as required in terms of the provisions of Section 224 of the Companies Act, 1956 has been sought by way of Voting through Postal Ballot under Section 192A read with Companies (Passing of the Resolution by Postal Ballot) Rules 2001.
- The requisite approval of the Shareholders of the Company as required in terms of the provisions of Section 224 of the Companies Act, 1956 has been sought by way of Voting through Postal Ballot under Section 192A read with Companies (Passing of the Resolution by Postal Ballot) Rules 2001.
Results of Postal Ballot
The Shareholders of the Company have appointed M/s S.S Kothari Mehta & Company, Chartered Accountants as Statutory Auditors of the Company by way of passing an Ordinary Resolution, by Voting through Postal Ballot process. The result of voting through Postal Ballot has been declared on Friday, 14th May, 2010.
Postal Ballot for Preferential Issue / QIP
The Board of Directors at their Meeting held on the 7th May, 2010 have decided to seek approval of the Shareholders to issue in aggregate upto 85,50,000 nos. of Equity Shares of Rs. 5/- each fully paid up, by way of Preferential Issue basis to the following persons, resident investors, at a price of Rs. 82.50 per Equity Share (Rs. 5/- towards face value and Rs. 77.50 towards premium) which is in terms of Chapter VII of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009 (SEBI Regulations).
| Sl. No. |
Names of the proposed Investors |
No. of Shares proposed to be subscribed (Maximum) |
| 1 |
M/s Sudarshan Securities Pvt. Ltd. |
15,00,000 |
| 2 |
M/s Enam Investment Services Pvt. Ltd. |
10,00,000 |
| 3 |
Roopchand Bhanshali HUF |
30,00,000 |
| 4 |
Shri Akash Bhanshali |
10,50,000 |
| 5 |
Smt. Sushma Jain |
10,50,000 |
|
Total |
85,50,000 |
The Board of Directors, have also decided to seek approval of the Shareholders to issue Securities upto Rs.1000 crores by way of Qualified Institutions Placement (QIP) basis to resident and/or non resident Qualified Institutional Buyers (QIBs) in terms of Chapter VIII of the said SEBI Regulations.
The approvals of the shareholders have been sought through Postal Ballot under Section 192A of the Companies Act, 1956 read with Companies (Passing of the Resolution by Postal Ballot) Rules, 2001.
The Postal Ballot Notice and Explanatory Statement along with the Postal Ballot Form have been dispatched to all the Shareholders on the 8th May, 2010.
Results of Postal Ballot for Preferential Issue
The Shareholders of the Company have given their consent, on the 8th June, 2010, for issue of 85,50,000 nos. of Equity
Shares of Rs. 5/- each fully paid up, by way of Preferential Issue basis in terms of Chapter VII of SEBI (Issue of Capital &
Disclosure Requirements) Regulations, 2009, and, issuance of Securities upto Rs.1000 crores by way of Qualified Institutions
Placement (QIP) basis to resident and/or non resident Qualified Institutional Buyers (QIBs) in terms of Chapter VIII of the said
SEBI Regulations.
Allotment of 85,50,000 Equity Shares to Identified Resident Investors
The Board of Directors has allotted 85,50,000 nos. Equity Shares of the Company having face value of Rs. 5/- each, fully paid up, at a premium of Rs. 77.50/- per share to the following Resident Investors:-
| Sl. No. |
Name of the Allottee |
No. of Shares allotted
|
Date of Allotment |
| 1. |
M/s Enam Investment Services Pvt. Ltd. |
10,00,000 |
19.06.2010 |
| 2. |
Roopchand Bhanshali HUF |
30,00,000 |
19.06.2010 |
| 3. |
Shri Akash Bhanshali
|
20,00,000 |
19.06.2010 |
| 4. |
Smt. Sushma Jain
|
10,50,000 |
19.06.2010 |
| 5. |
M/s Sudarshan Securities Pvt. Ltd.
|
15,00,000 |
21.06.2010 |
| |
Total
|
85,50,000 |
|
Annual General Meeting - 2010
An Annual General Meeting (AGM) of the Company is scheduled to be held on Wednesday, the 29th September, 2010 at 11.30 A.M. at FICCI Auditorium, Tansen Marg, New Delhi – 110 001.
43rd Annual General Meeting held on 29.09.2010
The 43rd Annual General Meeting of the Company has been duly held on the 29th September, 2010 at 11.30 A.M. at, New Delhi and the following major decision were taken thereat:-
| 1. |
Audited Annual Accounts for the year ended 31st March, 2010 together with the Consolidated Financial Statement of Accounts for the year ended on that date have been adopted; |
| 2. |
Declared dividend @ 10% (i.e. Rs 0.50 per Equity Share of Rs.5/- each fully paid up ) on the Paid-up Equity Share Capital; |
| 3. |
Re-appointed Shri D.N. Davar and Shri Rahul C. Kirloskar as Directors, liable to retire by rotation. |
| 4. |
Appointed M/s. S. S. Kothari Mehta & Company, Chartered Accountants, Gurgaon, New Delhi, as Statutory Auditors of the Company to hold office from the conclusion of this AGM till conclusion of next AGM. |
| 6. |
Approved the amendment in Articles of Association of the Company. |
| 7. |
Approved the reappointment and remuneration of Shri Sushil Ansal, as Chairman and Whole Time Director w.e.f. the 1st April, 2010. |
| 8. |
Approved the appointment of Shri Vijay Jindal as Director, liable to retire by rotation and, then approved his appointment and remuneration as Joint Managing Director w.e.f the 12th August, 2010. |
| 9. |
Approved the payment of maximum 1% of net profit as Commission to the Non - Executive Directors of the Company |
Allotment of Equity Shares on QIP basis
The Company has issued and allotted 2,57,26,291 equity shares of Rs. 5/- each on the 13th October, 2010 at a price of Rs. 89.95 per share (i.e. at a premium of Rs. 84.95 per share). The said allotment of shares is pursuant to a Qualified Institutions Placement ("QIP") by the Company, in terms of the provisions of Chapter VIII of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009.
These shares have been credited in the respective demat accounts of the allottees and listing and trading approvals have been obtained from BSE and NSE.
44th Annual General Meeting held on 24.09.2011
The 44th Annual General Meeting of the Company has been duly held on Saturday, the 24th September, 2011 at 11.30 A.M. at Sathya Sai International Centre, Lodhi Road, New Delhi-110003 and the following major decision were taken thereat:-
| 1. |
Audited Annual Accounts for the year ended the 31st March, 2011 together with the Consolidated Financial Statement of Accounts for the year ended on that date, have been adopted |
| 2. |
Declared dividend @ 10% (i.e. Re. 0.50 per Equity share of Rs.5/- each fully paid up) on the Paid-up Equity Share Capital |
| 3. |
Re-appointed Dr. R.C Vaish, Shri P.R Khanna and Shri Lalit Bhasin as Directors, liable to retire by rotation |
| 4. |
Appointed M/s. S. S. Kothari Mehta & Company, Chartered Accountants, Gurgaon, New Delhi, as Statutory Auditors of the Company to hold office from the conclusion of this AGM till conclusion of next AGM |
| 5. |
Approved the revision and extension in the grade of Shri Pranav Ansal, Vice Chairman and Managing Director of the Company, and increase in his remuneration w.e.f the 1st April, 2011 |
| 6. |
Approved the appointment of Dr. P.S Rana as Director of the Company, liable to retire by rotation |