| we wish to
inform you that the Board of Directors at
their meeting held on 26.4.2010 at Chennai,
has approved the following: |
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Audited
financial results of the Company for the
year ended 31st March 2010. We enclose a
copy of the audited financial results as
approved by the Board. The audited financial
results are being published in the
newspapers as per the listing agreement. |
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Payment of
an interim dividend on the preference and
equity shares of the Company for the year
ended 31st March 2010 out of the profits of
the Company at the following rates: |
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Fully
convertible cumulative Preference shares - @
1% being Rs.1 per preference share of
Rs.100/-each for every year payable
proportionately for the period from
13/03/2009 being the date of allotment of
FCCPS till 31/03/2010; |
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Equity
shares – @ 10% being Rs.1 per equity share
for the year ended 31/03/2010. |
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| The interim
dividend shall be paid to those shareholders
whose names appear in the register of
members as on 6th May 2010 being the record
date fixed for this purpose in respect of
shares held in physical form and in case of
shares held in dematerialised form, as per
the details furnished by the depositories
for this purpose as on the record date. |
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The Annual
General Meeting of the Company is scheduled
to be held on Wednesday, the 28th July 2010
and the Book Closure dates are from 23rd
July 2010 to 28th July 2010 (both days
inclusive) |
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We hereby
certify that all securities received for
transfers one month prior to the intimation
of closure of register of members have been
transferred and despatched to the
transferees. |
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The
securities pending for transfer and further
securities that may get lodged for transfer
will be transferred and despatched to the
transferees within a period of one month
from the date of receipt. |
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The
re-appointment Ms. P Sujatha as the Manager
of the Company under section 269 of the
Companies Act, 1956 for a further period of
one year effective 28th April 2010. |
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| Further, we
enclose herewith a copy of the press release
with regard to the audited results being
released for publication for your
information please. |
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