With the permission of the members, the Notice dated June 20, 2009, convening the Tenth Annual General Meeting, Annual Report, the Directors’ Report for the year 2008–09 were taken as read. The Chairman then directed the Company Secretary to read out the Auditors’ Report to the members. The Auditors’ Report dated April 17, 2009 was then read out by the Company Secretary. The Chairman then addressed the members about the operational and financial performance of the company during 2008-09 and the progress made by the company during the first two months of FY 2009-10. After addressing the queries raised by the Shareholders, the Chairman then placed the resolutions before the members for discussion.  After discussion the following resolutions were passed. ORDINARY BUSINESS To consider and adopt the Profit and Loss Account for the year ended 31st March, 2009 and Balance Sheet as at that date, Auditors’ Report thereon and the comments of the Comptroller and Auditor General of India thereon and Directors’ Report annexed thereto. The members considered the Profit and Loss Account for the year ended 31st March 2009, Balance Sheet as at that date, Auditors’ Report thereon and the comments of the Comptroller and Auditor General of India thereon and the Directors’ Report annexed thereto.  Shri. Suman Kumar proposed the following resolution as an Ordinary Resolution. “RESOLVED THAT the Profit and Loss Account for the year ended 31 March, 2009 and the Balance Sheet as at that date, Auditor’s Report thereon and the comments of the Comptroller and Auditor General of India thereon and Directors’ Report annexed thereto be and is hereby adopted.” Shri. Rajinder Kumar seconded the same. The motion was put to vote and carried unanimously. Declaration of Dividend. The Chairman informed the shareholders that the Board of Directors recommended a dividend of 10% on the Paid-up Equity Capital of the Company and the same, if approved by the shareholders, would be payable on pro-rata basis. The Chairman further informed that the shares pursuant to the Rights Issue would qualify for the dividend from the date of allotment.   Shri. K. P. S. Dagur proposed the following resolution as an Ordinary Resolution. “RESOLVED THAT dividend of 10% on the Paid-up Equity Share Capital of the Company as recommended by the Board of Directors of the Company be and is hereby declared on pro-rata basis and the same be paid to all the equity shareholders whose names appear on the Register of Members as on June 26, 2009.” Shri. Suman Kumar seconded the same. The motion was put to vote and carried unanimously.