Kaashyap Technologies Limited

Information Given to Stock Exchanges

Committee of the Board of Directors on June 26, 2007

The meeting of the Committee of the Board of Directors (CoD) of the Company will be held on June 26, 2007, to consider and allot the Global Depository Receipts aggregating 2.5 Million USD and to approve all documents/ agreements with regard to the proposed issue of GDR.