Balaji Amines Limited has informed the Exchange that the Annual General
Meeting of the Company has been held on September 08, 2010 wherein the
shareholders have approved the following :- (1) Adoption of audited Balance
sheet of the Company as at March 31, 2010 and the Profit and loss A/c, the
Cash Flow Statement for the year ended on that date and the Report of the
Board of Directors and Auditors thereon; (2) Final Dividend of Rs.2.50 per
Equity Share of the Company of Rs.10/- each; (3) Re-appointment of Sri.T.
Naveena Chandra and Sri D. Ram Reddy as director liable to retire by
rotation; (4) Appointment of M/s. V . Sridhar & Co, Chartered Accountants
as Statutory Auditors to hold office from the conclusion of this Annual
General Meeting unit conclusion of the next Annual General Meeting; (5)
Sub-division of existing equity shares of the Company of the face value of
Rs.10/- (Rs. Ten) each fully paid up into 5 (Five) equity shares of Rs.2/-
(Rs. Two) each fully paid up; (6) Re-appointment of Sri. A. Prathap Reddy
as Managing Director, Sri N. Rajeshwar Reddy as Executive Director, Sri D.
Ram Reddy as Director - Commercial and Sri G. Hemanth Reddy as Whole Time
Director; (7) Increase of borrowing powers pursuant to Section 293(1)(d) of
the Companies Act, 1956 upto Rs.500 crore.
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