Opto Circuits India

Opto Circuits India Ltd has informed that the shareholders at the Annual General Meeting (AGM) of the Company held on September 25, 2007, inter alia, have approved the following:

1. Adoption of Audited Financial Results for the year ended March 31, 2007, along with the Reports of the Directors and Auditors thereon.

2. Payment of dividend @ 50%.

3. Re-appointment of Mr. Vinod Ramnani, Mr. Usha Ramani & Mr. Jayesh Patel as Directors.

4. Appointment of M/s. Anand Shenoy and Company, Chartered Accountants as Statutory Auditors.

5. Appointment of Mr. William Walter O'Neill MD as Director of the Company.

6. Increase in the Authorised capital from Rs 65.00 crores to Rs 100.00 crores.

7. Consequent Amendment of Memorandum and articles of Association.

8. Issue of Bonus shares - 1 Bonus Shares for every 2 fully paid shares.