Saturday, June 10, 2006

I proposed Mohan Das Pai's Salary....

Do you believe I was the reason behind passing Mohan Das Pai's (Infy's Vice President) new salary resolution? :)

Yah. Today I attended Infosys AGM. I had desire to attend AGM of any company and see what is happening inside. Being a tiny investor in Infosys I got a chance today.

As usual, brand Infosys and NRN (NR Narayana Murthy, Chairman and Chief Mentor) were highlighted in each and every move. Its really nice experience to see NRN, the Icon of Indian software industry, in action. He was polite in words, generous in appreciation and very much time conscious.

This year annual report looks attractive. Photos, Graphs in the report surely takes the attention. AGM started with the presentations from few vice-presidents. Presentation by CFO was colorful and musical. Followed by queries from shareholders. It was interesting to see people asking questions regarding some ratios which I never heard. Some resolutions were passed to re-appoint the independent directors and approve the salaries for vice-presidents. Notable one among the re-appointed directors is Dr. Omkar Gowsami, an economist. He is also director in boards of DRL, SRF, Sona Koaya and few more.

Infosys arranged on demand pickup and drop for disabled people and transltor for hearing impaired people. Its really nice gesture.

As usual, meeting was professionaly organized. Refreshment was Okey, not so great. :)

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