Jyoti - Outcome Of EGM

Jyoti Ltd has informed that the members at the Extra-Ordinary General Meeting (EGM) of the Company held on February 26, 2007 inter alia, have considered and approved offer, issue and the allotment:1. upto 12,00,000 equity shares of Rs 10/- each for cash at a premium of Rs 94/- Per share to Harakosan Co. Ltd, Pref Japan.2. upto 16,75,000 equity warrant of Rs 10/- each for cash at a premium of Rs 94/- Per share to Mr. Marut, Florida, U.S.A with an option to subscribe one equity share for every equity warrant (aggregating upto 16,75,000 equity shares). Of this 10% would be payable at the time of allotment and 90% would be payable at the time of exercise of the option, by Mr. Marut R Patel.