Vakrangee Softwares Ltd Board to consider dividend

Vakrangee Softwares Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 31, 2007, inter alia, to consider and approve the following:

1. Audited Results, Profit & Loss A/c of the Company for the financial year ended March 31, 2007 and Balance Sheet as on that date.

2. To increase in the percentage limit of investments by Foreign Institutional Investors (FII's).

3. To consider the sale / transfer of rights of proprietary Software products of the Company to subsidiary of the Company.

4. To increase the remuneration of Managing Director of the Company.

5. To fix the sitting fees to be paid to Non-executive Directors of the Company.

6. To consider the recommendation of dividend (if any) for the financial year 2006-07.

7. To fix the date of Book Closure.

8. To fix the date, time and venue of Annual General Meeting of the Company.

Source : Equity Bulls

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