Outcome of AGM

| Updated on September 28, 2011 Published on September 28, 2011

Nitco Ltd has informed BSE that the members at the 45th Annual General Meeting (AGM) of the Company held on September 28, 2011 inter alia, have passed the following resolutions:

1. Adoption of the Audited Balance Sheet as at March 31, 2011, and the Profit and Loss Account for the year ended on that date together with the reports of Directors & Auditors thereon.

2. Declaration of dividend @ 5% (Re. 0.50/- per equity share of Rs. 10 each) for the financial year 2010-11.

3. Re-appointment of Mr. Atul Sud as Director of the Company who was liable to retire by rotation.

4. Re-appointment of A. Husein Noumanali & Co., Chartered Accountants, Mumbai as the Statutory Auditors of the Company.

Source : BSE - >www.bseindia.com

Published on September 28, 2011
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