Kanishk Steel - Outcome of AGM

Kanishk Steel Industries Ltd has informed BSE that the members at the 19th Annual General Meeting (AGM) of the Company held on September 30, 2009, inter alia, have accorded to the following:

1. Adopted and approved the audited Balance Sheet and Profit & Loss Account, reports of the Directors and Auditors for the Period Ended March 31,2009.

2. Re-appointment of Mr. K S Venkatatgiri as the Director of the Company.

3. Re-appointment of M/s Chaturvedi & Co as Statutory Auditors of the Company.

4. Special Resolution under Section 81 (1A) for making allotment on preferential basis for an amount not exceeding Rs 200 Crores has been passed.