Information Given to Stock Exchanges

Intimation of Board Meeting on October 4, 2007

A meeting of the Board of Directors of the Company will be held on 4th October, 2007, at the registered office of the company and discuss the following subject:

• To consider the preferential allotment of 2, 00, 00,000 equity shares and 7, 50, 00,000 warrants of
  Re. 1/- each to be issued at a premium of Rs. 3 per shaRe.
• To consider appointment of Shri. R. Gopalan, who has retired as ED.Fin. from BEML, as an additional director on the Board of the Company
• Any other business with permission of chairman