The members have approved the appointment of S.V. Rangan, Chartered Accountant, Secunderabad as statutory auditor of the company.

Further, the members have approved to rise an amount not exceeding US$ 150 million through issue of equity shares/preference shares/convertible debentures/convertible notes/FCCBs/secured premium notes/ADRs/GDRs, etc.

This was accorded at the extraordinary general meeting held on 15 March 2010.