The members of the Company in its Annual General Meeting held on 14 August 2010 at the Registered office of the Company, Trident Complex, Raikot Road, Barnala, have approved the following matters by way of passing the ordinary/special resolutions with or without modifications unanimously:
1. Adoption of the audited Balance Sheet as at 31 March 2010 and Profit & Loss Account for the year ended on that date alongwith the Reports of the Auditors and Directors thereon.
2. Appointment of Sh Chandra Mohan as director of the Company, who retires by rotation and being eligible offered himself for re-appointment.
3. Appointment of Mrs Dimple Gupta as director of the Company, who retires by rotation and being eligible offered herself for re-appointment.
4. Re-appointment of M/s S C Vasudeva & Co., Chartered Accountants, New Delhi as Statutory Auditors of the Company
5. Issue of 15,00,000 (Fifteen lac) warrants, carrying the option to the holders of such warrants to subscribe to one equity share of face value of
10/- at premium of
68/- per share for every warrant held, within a period of 18 months from the date of allotment of the warrants, to G Consultants and Fabricators Limited, Non-Promoter Company, on preferential basis in accordance with the applicable laws.