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Monday, March 30, 2009

Sesa Goa - Outcome of Board Meeting

Sesa Goa Ltd has informed that the Board of Directors of the Company at its meeting held on March 30, 2009, inter alia, has taken the following decisions:

1. Mr. P K Mukherjee has been reappointed as Managing Director of the Company with effect from April 01, 2009 for a period of three years.

2. Mr. D D Jalan and Mr. Akhilesh Joshi have resigned as Directors of the Company, with immediate effect.

3. The validity of Scheme of Amalgamation of Sesa Industries Ltd with Sesa Goa Ltd has been extended upto July 31, 2009.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Friday, Jun 13
04:00 Business NZ PMI 2 47.5 53.3 Revised from 53.9
14:00 Consumer Inflation Expectations 2 3.2% 3.4%
18:00 Wholesale Sales (MoM) 1 -2.3% -0.9% 0.0% Revised from 0.2%
18:00 Capacity Utilization 1 80.1% 79.8% 79.7% Revised from 79.8%
18:00 Manufacturing Sales (MoM) 1 -2.8% -2.0% -1.4%
19:30 UoM 5-year Consumer Inflation Expectation 2 4.2%
19:30 Michigan Consumer Sentiment Index 3 53.5 52.2
19:30 UoM 1-year Consumer Inflation Expectations 2 6.6%
19:30 Michigan Consumer Expectations Index 2 47.9
22:30 Baker Hughes US Oil Rig Count 1 442
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