Outcome of AGM

| Updated on September 29, 2011 Published on September 29, 2011

Spicejet Ltd has informed BSE that the members at the 27th Annual General Meeting (AGM) of the Company held on September 29, 2011, inter alia, have approved the following resolutions by requisite majority:

1. Adoption of Balance Sheet as at March 31, 2011, Profit and Loss Account for the year ended on that date and the Reports of the Board of Directors and Auditors thereon.

2. Appointment of M/s. S. R. Batliboi & Associates, Chartered Accountants, retiring auditors, as the Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting.

3. Appointment of Mr. Kalanithi Maran as Director.

4. Appointment of Mrs. Kavery Kalanithi as Director.

5. Appointment of Mr. J. Ravindran as Director.

6. Appointment of Mr. Nicholas Martin Paul as Director.

7. Appointment of Mr. M. K. Harinarayanan as Director.

8. Increase in authorized share capital of the Company from Rs. 5,000,000,000 (Rupees Five Thousand Million) divided into 500,000,000 (Five Hundred Million) equity shares of Rs. 10 each to Rs. 5,650,000,000 (Rupees Five Thousand Six Hundred Fifty Million) divided into 565,000,000 (Five Hundred Sixty Five Million) equity shares of Rs. 10 (Rupees Ten) each.

9. Allotment of equity shares up to 35,977,619 to Mr. Kalanithi Maran on preferential basis.

Source : BSE - >www.bseindia.com

Published on September 29, 2011
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