Cheslind Textiles Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on September 09, 2010, inter alia, have approved the following:
1. Audited Balance Sheet as at March 31, 2010, Profit and Loss account together with the reports of directors and auditors thereon.
2. Mr. Ravi Jhunjhunwala & Mr. Riju Jhunjhunwala, who retired by rotation, eligible for reappointment were reappointed as directors.
3. M/s. K P Rao & CO fIrm and M/s. Bhaskar Rao & Co firm, were appointed as Statutory auditors of the Company to audu the accounts of the Company for the financial year 2010-11 on a remuneraton to be decided by the Board of Directors of the Company.
4. Increase in the remuneration of Mr. Vinod Mehta, Manager under Companies Act, 1956.