Robinson Worldwide - Outcome of AGM

Robinson Worldwide Trade Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on September 30, 2009, inter alia, have accorded to the following:

1. Adoption of Audited Profit and Loss Account for the year ended March 31, 2009 and Balance Sheet as at that date together with the report of the Board of Directors and Auditors was adopted at the Annual General Meeting.

2. Re-appointment of Mr. Shambhu Bhagat, as director liable to retirement by rotation.

3. Appointment of M/s Arvind A. Thakkar in place of M/s Naimish K. Shah, the retiring Auditors, as the Auditors of the Company from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting of the Company.

4. Appointment of Mr. Jayesh Shah, as director of the Company under section 257 of the Companies Act, 1956, liable to retire by rotation.

5. Increased Authorized Share Capital of the Company from Rs 11 Crores to Rs 51 Crores.

6. Altered capital clause of Memorandum of Association and alter Article of Association of the Company.

7. Shareholder approved for issue, offer and allotment of 4,00,00,000 (Four Crore) warrants convertible into Equity Shares at a price of Rs 12.35/- each on preferential basis to the list of allottees as set out in the Notice calling the Annual General Meeting of the Company, dated August 28, 2009, in accordance with chapter VII of SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2009.