lzer Electronics considers re-appointment of managing director

26 Sep 2011 Evaluate

lzer Electronics has informed that the members at the 26th Annual General Meeting (AGM) of the company held on September 24, 2011 has considered and approved the declaration of dividend on equity shares at the rate of 16% for the year ended March 31, 2011, re-appointment of R Doraiswamy as a managing director of the company for the further period of five years with effect from May 02, 2011, re-appointment of D Rajesh Kumar as a joint managing director of the company for the further period of five years with effect October 01, 2011, and appointment of S R Swaminathan as a Nominee Director from M/s. L&T Capital Company Ltd and appointment of Pushpangadan as a nominee director from L&T Capital Company.

The above information is part of company’s filing submitted to the BSE.

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