| ||Outcome of AGM | 8/16/2011 6:11:36 PM|| |
| ||Zodiac Clothing Company Ltd has informed BSE that the members at the 27th Annual General Meeting (AGM) of the Company held on August 10, 2011, inter alia, have approved the following Resolutions;|
1. Adoption of Audited Accounts, Auditor's Report and Directors Report for the year ended on March 31, 2011.
2. Dividend at Rs. 5/- per equity share on 12821064 equity shares of the company.
3. Re-appointment of Dr. S. Abid Hussain as a Director of the Company.
4. Re-appointment of Mr. M. L. Apte as a Director of the Company.
5. Re-appointment of Mr. S. M. Datta as a Director of the Company.
6. Appointment of M/s. Deloitte Haskins & Sells, Chartered Accountants as Statutory Auditors, to hold office from the conclusion of this Annual General Meeting till the conclusion of next Annual General Meeting of the Company and on such remuneration as shall be fixed by the Board of Directors.
7. Re-appointment of Mr. Awais A. Noorani, a relative of Directors of the Company, as "Vice- President- International, Sales & Sourcing" for further period of 5 years with effect from April 01, 2012 upon the terms and conditions and remuneration, as set out in the Explanatory Statement under Section 173(2) of the Companies Act, 1956 annexed to the Notice of the 27th Annual General Meeting.