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Nagarjuna Construction Co. Ltd has informed the Exchange that at the Annual General Meeting of the Company held on July 30, 2009, the Shareholders have approved all the resolutions set out in the notice dated June 29, 2009 convening the Annual General Meeting of the shareholders of the Company as detailed below : 1) Adoption of Audited Balance Sheet, Profit & Loss Account, Directors and Auditors Report for the period ended March 31, 2009. 2) Declaration of dividend of Rs.1.10 per share on face value of Rs. 2 per share (55%). 3) Re-appointment of Shri. R. V. Shastri, Shri. J. V. Ranga Raju and Shri. N. R. Alluri, Directors retiring by rotation at the AGM. 4) Re-appointment of M/s. M. Bhaskara Rao & Co, Chartered Accountants and M/s. Deloittee Haskins and Sells, Chartered Accountants, retiring Joint Statutory Auditors of the Company at the AGM to hold office from the conclusion of the AGM until the conclusion of the AGM of the Company. 5) Appointment of Shri. A. J. Jaganathan (who was earlier appointed as Additional Director) as a Director liable to retire by rotation. 6) Re-appointment of Shri. ASN Raju and Shri. RNN Raju as Whole time Directors of the Company for a period of five years effective May 01, 2009. 7) Issue of Equity Shares/Securities to Qualified Institutional Buyers under Section 81 (1A) of the Companies Act 1956 read with Chapter XIII-A of the SEBI (DIP) Guidelines, 2000.
11.31 AM Jul 31st 2009  | Track

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