KEC Infrastructures - Outcome Of Board Meeting

KEC Infrastructures Ltd has informed that the Board of Directors of the Company at its meeting held on February 23, 2007 has decided to seek the consent of the shareholders by means of Postal Ballot pursuant to Section 192A of the Companies Act, 1956 (the Act), read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001 for the following items:1. For issue and allotment of Shares and / or Warrants on preferential basis to the Promoters and / or other persons in terms of Section 81(1A) of the Act.2. For issuance of Corporate Guarantee in terms of Section 372A of the Act.