ii) SPECIAL RESOLUTIONS PASSED IN THE PREVIOUS THREE AGMS :

(a) In the AGM on 26th June, 2008 :

For increasing the commission to the Directors of the Company at the rate of 1% of the net profit of the company to be divided amongst them equally except Shri S. K. Parik subject to an amount to be decided by the Board every year not exceeding Rs.25 Lacs in every financial year computed as per Section 198(1) of the Companies Act, 1956 for the period of 3 years w.e.f. 1st April, 2007.

(b) In the AGM on 29th June, 2007 : No Special Resolution was transacted.

(c) In the AGM on 29th June, 2006 : No Special Resolution was transacted.


(iii) No Special Resolution was passed during the financial year ended 31st March, 2009 through Postal Ballot.

(iv) Presently, no Special Resolution is proposed to be conducted through Postal Ballot in the ensuing AGM.

(v) Disclosure for reappointment / appointment of Directors :

Resume and other information of the Directors retiring by rotation & getting reappointed as required to be disclosed under Clause 49(IV)(G)(i) of the Listing Agreement is as under:

a)		Shri P. K. Mallik is an Ex-president of The Institute of Chartered Accountants of India and Ex-Sheriff of Kolkata. He has extensive knowledge in accountancy and auditing. He holds Directorship in Peerless Financial Services Ltd., Nagarjuna Agri-Chem. Ltd., International Combustion (India) Ltd., CHNHB Association, Kolkata, NRC Ltd. and Rupantar Investment Pvt. Ltd. He is also holding Membership of the following Committees of Directors :
		Sl. No	Name of the Company	Name of the Committee	Position held
		1.	Nagarjuna Agri-Chem Ltd.	a) Audit	Member
		2.	International Combustion (India) Ltd.	a) Remuneration	Member
				b) Audit	Member
		3.	NRC Limited	a) Audit	Chairman
				b) Shareholders'/      investors      Grievance	Member
				c) Remuneration	Member
b)		Shri S. K. Parik is a fellow Chartered Accountant and Company Secretary, having extensive knowledge in the field of finance, taxation and company law over five decades. He is holding Directorships in Mangalam Timber Products Ltd., The Rameshwara Jute Mills Ltd., Precious Services & Consultancy Ltd., Birla Buildings Ltd., Kesoram Insurance Broking Services Ltd., B. K. Birla Foundation, SNP Investment & Trading Co. Ltd., Vasavadatta Investment & Trading Co. Ltd., Jute Investment Co. Ltd. and Zenith Distributors & Agents Ltd.

He also holds the membership in the committees of the following companies:-

Name of the Company	Name of the Committee	Position Held
Mangalam Timber Products Ltd.	a) Audit Committee	Member
	b) Share Transfer Committee	Member
	c) Remuneration Committee	Member
	d) Shareholders' / Investors' Grievance      Committee	Chairman

The shares held by the above Directors have already been disclosed under the caption Composition of Board of Directors under serial no.I. B(i) above.