The shareholders adopted a resolution to this effect at its 71st annual general meeting held on Monday, Andhra Cements informed the Bombay Stock Exchange on Tuesday in a regulatory disclosure.
The shareholders also approved re-appointment of Dr. Sushil Chandra, GP Goenka and Dr. A L.Ananthanarayanan as directors with retirement by rotation, it said.
They also appointed Lodha & Co. and Chaturvedi & Partners, Chartered Accountants as auditors of the company for 2010-11, it said.
