Avon weighing systems Ltd updates after board meeting

Avon Weighing Systems Ltd has informed Bombay Stock Exchange(BSE) that the Board of Directors of the Company at its Annual General Meeting(AGM) held on August 14, 2008, in that they have discussed the following things:
1. The board has subject to the approval of shareholders approved the Change of name of the company from "Avon Weighing Systems Ltd" to "Avon Corporation Ltd".
2. The board has subject to the approval of shareholders approved the Increase in the Borrowing power of the Company.
3. The board has subject to the approval of shareholders approved the appointment of M/s. Kiran Mattani & Associates, Chartered Accountants, as the Statutory Auditors and resignation of M/s. G M Purohit & Co. Chartered Accountants, as Statutory Auditors due to preoccupation of the Company.
4. The board has subject to the approval of the shareholders approved Amendment of Memorandum of Association.