- GEI bags order worth Rs 40 Crore for Air Cooled Steam Condensers for Power Plant: The Company bags orders worth Rs 40 Crores for Air Cooled Steam Condensers for Power Plants, from KSK Group of Hyderabad, Dharani Sugars and Chemicals Ltd and OPG Power Generation Pvt. Ltd.
- GEI Industrial Board recommends dividend: The Board of Directors of the Company at its meeting held on August 19, 2008, inter alia, has recommended 12.5% Dividend on Equity Share Capital of the Company for the financial year ended March 31, 2008, subject to the approval of members in the ensuing Annual General Meeting.
- GEI Industrial bags order worth Rs 50 Crore from the Oil and Gas Sector: The Company bags yet another order for supply of Air Cooled Heat Exchangers from Essar Construction India Ltd for the Essar Refinery Expansion Project coming up in Vadinar (Gujarat). Besides this GEI received orders for these equipments from Indian Oil Corporation Ltd for Haldia Refinery and from Larsen & Toubro Ltd, Mumbai for Hindustan Petroleum Corporation Ltd for Mahul Refinery in Mumbai.
- GEI Industrial secures order worth Rs 30 crores: The Company has bagged an order worth Rs 30 crores from Essar Construction (India) Ltd for a refinery expansion project in Vadinar, Gujarat for supply of Air Cooled Heat Exchangers.
- GEI Industrial - Outcome of CoD Meeting: The Committee of Board of Directors (CoD) of the Company at its meeting held on December 27, 2007 has allotted 141000 equity shares of the Company to the promoters, directors, their relatives and other prospective investors as mentioned below on account of conversion of 141000 Warrants out of 721000 warrants allotted.
- GEI Industrial - Outcome of AGM: The members at the Annual General Meeting (AGM) of the Company held on September 28, 2007, inter alia, have taken the following decision:
- Agenda 1: Adoption of Annual Account 2006-07.
- Agenda 2: Declaration of 10% Dividend on Equity Shares.
- Agenda 3: Re-appointment of Mr. Vijay Khanna as Director of the Company.
- Agenda 4: In voting on poll, re-appointment of Ms. Claire Jourdan as a Director of the Company was defeated by Majority Votes.
- Agenda 5: Re-appointment of Mrs. Everlyn Fernandes as Director of the Company.
- Agenda 6: Appointment of M/s A K Khabya & Co. as Auditors of the Company.
- Agenda 7,8,9 & 10: All the items relating to increase in remuneration of Whole Time Directors (Promoter Group) was withdrawn at the Shareholders' request.
- Agenda 11: Increase in remuneration of Whole Time Director (Mr. D Laxminarayan).
- Agenda 12 & 13: Appointment of Dr. Sudarshan Synghal & Ms. Irene Valentine as Directors of the Company.
- Agenda 14, 15 & 16: In voting on Poll, removal of Mr. Francis Lambilliotte, Mr. Sebastien Van Ypersele & Mr. Rene Robert (Hamon Representatives) from Directorship of the Company was passed by Majority Votes.
- Unaudited Results for the quarter ended June 30, 2008.
|
