At the 16th Annual General Meeting held on the 11th September 2009, the
members approved the Audited Annual Accounts for the year 2008-09 and also
approved declaration of dividend of Rs.3.00 per share (i.e. @ 30%) for the
year 2008-09. Mrs. Nishita K. Shah and Mr. Nishit M. Dhruva were
re-appointed as Directors, liable to retire by rotation. M/s. N. B.Parekh &
Associates, Chartered Accountants were re-appointed as Auditors of the
Company. Other resolution passed in the AGM is the Re-appointment of
Mr.Jayant N. Parekh as Managing Director of the Company for the period from
1st October 2009 to 30th September 2012.
