27th-Jul-2011 13:38Source: BSE

Smruthi Organic - Outcome of AGM

Smruthi Organics Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on July 27, 2011, inter alia, have accorded to the following:

1. Adoption of audited balance sheet and prom and loss a/c for the year ended March 31, 2011 along with all annexure and report of the directors and auditors thereon.

2. Declaration of Rs 2.50 Per Share of Rs.10 each i.e. 25% dividend on equity shares of the company.

3. Reappointment of Mr. R Ramaswamy and Mrs. E. Vaishnavi as Directors of the company

4. Reappointment of Mr. Ashok Madgundi & Co. Chartered Accountant as statutory auditors of the company for 2011-12.

5. Appointment of Mr. E Yadagiri relative of Director as Vice President, Works on revised remuneration.