Mavi Industries - Outcome of AGM

Mavi Industries Ltd has informed BSE that the members at the 21st Annual General Meeting (AGM) of the Company held on September 30, 2009, inter alia, have considered & approved the following:

1. Approval and adoption of Audited Annual Accounts for the year ended March 31, 2009 and Reports of Auditors & Directors thereon.

2. Re-appointment of Mr. Krishna Kumar Agarwal as Director of the Company liable to retire by rotation.

3. Re-appointment of B. N. Kedia & Co. Chartered Accountants as Statutory Auditors of the Company to hold office from the conclusion of this Annual general Meeting until the conclusion of next Annual general Meeting.

4. Appointment of Mrs. Amita Agarwal as Director of the Company liable to retire by rotation.