Rasoya Proteins Board to recommend dividend

Rasoya Proteins Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 30, 2007, inter alia, to transact the following business:

1. To appoint Mr. Ajay Singh as an Executive Director of the Company.

2. To revised the remuneration of Mr. P G Duchakke, Executive Director of the Company.

3. To take on record the disclosure of interest by the Directors of the Company.

4. To consider recommendation of Dividend on the Equity shares for the financial year ended on March 31, 2007.

5. To approve the audited quarterly financial results of the Company for the quarter ended on March 31, 2007.

6. To approve the final accounts of the Company for the financial year ended March 31, 2007.

7. To fix the dates of Book Closure.

8. To approve the notice convening the 15th Annual General Meeting of the members of the Company.

9. To consider the proposal for revision in remuneration of internal Auditors.

10. To consider the proposal for appointment of Lead Managers in connection with the raising of funds for financing the new projects by way of issuing the Foreign Currency Convertible Bonds (FCCB) / Global Depository receipts (GDRs) / American Depository Receipts (ADRs) to the tune of US $ 20 million.

11. To consider the proposal for revision in sitting fees of Directors.

Source : Equity Bulls

Keywords