Outcome of AGM

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

Polytex India Ltd has informed BSE that the members at the 25th Annual General Meeting (AGM) of the Company held on September 28, 2011 inter alia, have approved the following:

1. Adoption of audited Balance sheet as at March 31, 2011 and Profit and loss Account for the year ended March 31, 2011 along with the Director’s Report and Auditor’s Report thereon.

2. Declared Final Dividend at the rate of Thirty paisa per Equity share of Rs. 10/- each of the Company.

3. Re-appointment of Mr. Vishram Kambli as a Director of the Company (who retired by rotation and being eligible, offered himself for reappointment).

4. Appointment of M/s. Navin Nishar and Associates, Chartered Accountants as Auditor from the conclusion of this Annual General meeting until the conclusion of the next Annual General Meeting and authorized the Board of Directors to fix their remuneration.

5. Appointment of Ms. Kranti Bhowad as a Director of the Company.

Source : BSE - >www.bseindia.com

Published on September 28, 2011
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