This is for the information that a Meeting of the Board of Directors of the Company will be held on June 29, 2007.

In addition to the regular matters below mentioned matter will also be discussed in the Board Meeting.

1. To consider and recommend dividend for the financial year 2006-2007.

2. To consider and approve Annual Accounts for the year ended as on March 31, 2007.

3. To consider and approve date and notice of Annual General Meeting.