Hiran Orgochem - Board Meeting On Feb 13, 2007

Hiran Orgochem Ltd has informed that a meeting of the Board of Directors of the Company will be held on February 13, 2007, interalia, to consider the issue and allotment of 10,00,000 Equity Shares and 20,00,000 Optionally Fully Convertible Warrants (OFCWs) (Warrants) on preferential basis to promoters and others in accordance with the Special Resolution passed by the members of the Company u/s 81(1A) of the Companies Act, 1956 at the Extra-Ordinary General Meeting held on January 30, 2007.