This is to inform you that a Meeting of the Board of Directors of the Company will be held on Wednesday, 3rd June, 2009, inter alia to consider:

1. Availing Term Loan of Rs. 19.5 Crore and working capital facility of Rs. 11 Crore (Fund Based     Working Capital Facility of Rs. 7 Crore and Non-fund Based Working Capital Facility of Rs. 4 Crore)     from State Bank of Mysore.

2. Availing Fund Based Working Capital Facility of Rs. 9.50 Crore and Non-fund Based Working     Capital Facility of Rs. 7.90 Crore from Bank of India.