6. Amendments on Articles of Association of the Company by insertion of new Article 52A after the existing Article 52 under a separate Chapter titled "Buyback of Shares" reading as follows:
"52A Subject to and in full compliance of the requirements of Section 77A, 77AA and 77B of the Companies Act, 1966 or corresponding provisions of any re-enactment thereof and any Rules & Regulations that may be prescribed by the Central Government, the Securities of Exchange Board of India (SEBI) or any other appropriate authority in this regard, the Company in a General Meeting may, upon the recommendation of the Board, at any time and from time to time, by a special resolution authorize buyback of any part of share capital of the Company fully paid up on that date."
7. Revision in remuneration of Shri R S Agarwal, Executive Chairman of the Company for the remaining part of his tenure of office with effect from July 01, 2007, subject to terms & conditions.
8. Revision in remuneration of Shri Sushil Kr. Goenka, Managing Director of the Company with effect from July 01, 2007, subject to terms & conditions.
9. Revision in remuneration of Shri. A V Agarwal, Shri. Mohan Goenka & Shri. H V Agarwal, Whole-time Directors of the Company, with effect from July 01, 2007, subject to terms & conditions.
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