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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
Wednesday, Apr 16
20:00 EIA Crude Oil Stocks Change 1 0.515M 0.400M 2.553M
20:00 BoC Press Conference 3
21:30 Fed's Hammack speech 2
22:30 20-Year Bond Auction 1 4.810% 4.632%
23:00 Fed's Chair Powell speech 3
Thursday, Apr 17
01:30 Total Net TIC Flows 1 $-48.8B
01:30 Net Long-Term TIC Flows 1 $35.2B $-45.2B
04:15 Consumer Price Index (YoY) 3 2.3% 2.2%
04:15 Consumer Price Index (QoQ) 3 0.7% 0.5%
04:30 Fed's Schmid speech 2
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