in a Dynamic Environment - Domain-b

Capital and revenue budgets and capital expenditure programmes;Acquisitions, divestments and business restructuring proposals;Senior management succession planning;Any other item as may be decided by the Board.A meeting of the Executive Committee was held on March 9, 2009 and was attended by Mr. R.N. Tata,Dr. Ron Sommer and Mr. S. Ramadorai.VII.General Body Meetings(i) General Meeting(a) Annual General MeetingDetails of Meeting Date of Meeting Time of Meeting Venue of MeetingAnnual General June 29, 2006Meeting 2005-06Annual General June 29, 2007 3.30 p.m.Meeting 2006-07Annual General July 1, 2008Meeting 2007-08Birla Matushri Sabhagar19, Sir Vithaldas Thackersey MargNew Marine LinesMumbai 400 020(ii)(iii)(b) Extraordinary General MeetingNo Extraordinary General Meeting of the Members was held during the year.(c) Court Convened Meeting of MembersA Court convened meeting of the Members of the Company was held on October 18, 2005 at11.00 a.m. at Birla Matushri Sabhagar, 19, Sir Vithaldas Thackersey Marg, Mumbai 400 020, in termsof the Order dated August 26, 2005 of the Hon’ble High Court of Judicature at Bombay, for obtainingthe requisite approval of the Members for amalgamation of Tata Infotech Limited with the Company.Postal BallotNo Postal Ballot was conducted during the year.Special ResolutionsAt the Annual General Meeting of the Company held on June 29, 2006, a Special Resolution was passedfor amendment to the Articles of Association of the Company. The resolution was passed with therequisite majority.At the Annual General Meeting of the Company held on June 29, 2007, a Special Resolution was passed inconnection with the place of keeping and inspection of the Registers and Annual Returns of the Company.The resolution was passed with the requisite majority.VIII. Disclosures(i)(ii)(iii)The Board has received disclosures from key Managerial Personnel relating to material, financial andcommercial transactions where they and/or their relatives have personal interest. There are no materiallysignificant related party transactions of the Company which have potential conflict with the interests ofthe Company at large.Details of non-compliance by the Company, penalties, strictures imposed on the Company by theStock Exchanges or SEBI or any statutory authority, on any matter related to capital markets, during theperiod from August 25, 2004 to March 31, 2009: NILThe Company has fulfilled the following non-mandatory requirements as prescribed in Annexure I D tothe Clause 49 of the Listing Agreements with the Stock Exchanges:(a) The Company has set up a Remuneration Committee details of which have been given earlier in thisReport.93