"Tehran Stock Exchange is planning to hold the Annual General Meeting (AGM) for its fiscal year, ended 19 March 2012, on 10 July 2012 in Tehran." Habibreza Haddadi, TSE's Director of Financial Department announced.
He added "The shareholders will be able to attend the meeting at 3 pm which will be held in Niroo Research Institute, at the end of Eastern Pounak Bakhtari, Shahrak Ghods, TEHRAN, IRAN."
Haddadi advised that the shareholders be in the address one hour prior to the AGM in order to register. The individual shareholders should have share certificate, the formal proxy for those who have representatives and introduction letter for institutional shareholders, as well as their valid ID cards.
Indicating to discuss about dividend distribution and the financial statements approval, he emphasized "the new board members will be elected during the AGM."
TSE's Financial Director stated "at the beginning of the meeting, Board report, Auditor and Legal Inspector will be read. Then, the balance sheet and the income statement will be reviewed. At the last step, the dividend distribution policy will be discussed about."
Mentioning the election of the main and reserved Inspectors as the further item of the agenda, he expressed that "deciding about the mass-circulation newspaper and Board members election and their meeting sessions attendance fee will be the last items of the agenda."
Haddadi stated the current Board members' tenure will finish on 5 October 2012 and added according to the article 31 of TSE statutes; the individual shareholders who are candidate of the position must register in Securities and Exchange Organization in order to deliver their information for general and professional qualification.