| ||Outcome of AGM | 09/06/11 09:54|| |
| ||Ashiana Housing Ltd has informed BSE that the members at the 25th Annual General Meeting (AGM) of the Company held on August 19, 2011, inter alia, have accorded to the following:|
1. Adoption of the Audited Balance Sheet as at Match 31, 2011 and the Profit and Loss Account for the year ended on that date and Schedules appended thereto and Cash Flow Statement, the Report of the Auditors’ and Directors’ thereon.
2. Declaration of a final dividend for the year 2010-11 at the rate of Rs. 1.75 (Rupees One and Seventy Five Paisa) per equity share of the Company aggregating to Rs. 3,25,67,421/- (Rupees Three Crores Twenty Five Lakhs Sixty Seven Thousand Four Hundred Twenty One Only).
3. Appointment of Shri. Varun Gupta, Shri. Lalit Kumar Chhawchharia & Ms. Sonal Mattoo as Directors of the Company, liable to determination of rotation.
4. Re-appointment of M/s. B Chhawchharia & Co., Chartered Accountants as the Auditors of the Company to hold office from the conclusion of this meeting until conclusion of next Annual General Meeting of the Company, on remuneration terms & conditions.
5. Appointment of Mr. Varun Gupta as Whole-time Director of the Company for a period of three years w.e.f. July 01, 2011, on remuneration, terms and conditions.
6. Accorded consent to Mr. Om Prakash Gupta, to hold the office or place of profit as Advisor to the Company for a period of 5 years with effect from September 01, 2011, on remuneration, terms & conditions.