| ||Outcome of Board Meeting | 7/20/2011 3:59:51 PM|| |
| ||Baid Leasing & Finance Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 16, 2011, inter alia, discussed and approved the following matters:|
1. Recommended the re-appointment of Shri Rakesh Baid who is liable to retire by rotation at this Annual General Meeting.
2. Recommended the re-appointment of M/s. Sharma Naresh & Associates, Statutory Auditors of the Company to hold office from the conclusion of ensuing Annual General Meeting till the next Annual General Meeting of the Company, as per the recommendations made by the Audit Committee and fixation of their audit fees, subject to approval of shareholders in the ensuing Annual General Meeting.