Ahlcon Parenterals - Outcome of AGM

Ahlcon Parenterals India Ltd has informed BSE that the members at the 17th Annual General Meeting (AGM) of the Company held on September 30, 2009, inter alia, have accorded to the following:

1. Adoption of the Audited Balance Sheet of the Company as at March 31, 2009, and Profit & Loss Account for the year ended on that date together with Reports of the Board of Directors and the Auditors thereon.

2. Final dividend of 15% was declared on Equity shares of the Company having a face value of Rs 10 each.

3. Mrs. Sudarshan Walia, Mr. Arun Kumar Gupta and Prof. G P Talwar, retiring directors of the Company were reappointed.

4. Re-appointment of M/s. Arun K Gupta & Associates, Chartered Accountants, as Statutory Auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.

5. Appointment of MR. S K Sachdeva, as a Director of the Company.

6. Reappointment of Dr. Rohini Ahluwalia, Executive Vice Chairperson, and Whole Time Director of the Company.