Board to consider Dividend
Savera Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 04, 2011, for consideration and approval of the Audited Financial Results for the year ended March 31, 2011 & may consider recommendation of dividend for the financial year 2010-11, which is subject to the approval of the members in the forthcoming Annual General Meeting. Purchase of Shares by Promoter
Savera Industries Ltd has informed BSE that Company's promoter director and promoter of the company had purchased company's shares in the open market as detailed below :1. Name of the Director : Mrs. A. Nina Reddy- Holding before the purchase of shares : 1015512 (8.51%)- Purchases during the period April 01, 2011 to June 30, 2011 : 64770 (0.54%)... Result of Postal Ballot
Savera Industries Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have passed the Ordinary Resolution under section 198, 269, 309 read with schedule XIII and other applicable provisions, if any, of the Companies Act, 1956, Relating to the enhancement of remuneration to the Managing Director and Executive Director (Operations), with requisite majority. Financial Results for Mar 31, 2011
Savera Industries Ltd has informed BSE about the Financial Results for the Period ended March 31, 2011. Change in Company Secretary cum CFO
Savera Industries Ltd has informed BSE that Mr. M Chakrapani, Company Secretary cum Chief Financial Officer has resigned with effect from May 05, 2011. In his place, Mr. N S Mohan has been appointed as Company Secretary cum Chief Financial Officer with effect from May 06, 2011. Result of Postal Ballot
Savera Industries Ltd has informed BSE that members of the Company, by way of Postal Ballot, have passed the Special Resolutions under section 17 and 149 (2-A) of the Companies Act, 1956, relating to amendment in the Objects Clause of the Memorandum of Association of the company, with requisite majority. Outcome of Board Meeting
Savera Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 31, 2011, inter alia, has accepted the Resignation of Mr. M. Chakravarthy as Director who has submitted his resignation with effect from January 24, 2011. Financial Results for Dec 31, 2010
Savera Industries Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010. Notice of Postal Ballot
Savera Industries Ltd has informed BSE that the members of the Company will consider to approve by way of Postal Ballot the Resolution relating to alteration of the Objects Clause of the Memorandum of Association of the Company by insertion of the sub-clauses after Clause III (A)(13).The Board of Directors has appointed Mr. R Balasubramaniam, Practicing Company Secretary as the Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner....