Manappuram General - EGM On Feb 28, 2007

Manappuram General Finance & Leasing Ltd has informed that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on February 28, 2007, inter alia, to transact the following business:Subject to such consents and approvals as may be required under the applicable provisions of the Companies Act 1956 and listing agreement and further subject to the permission if any, required from Reserve Bank of India, and such conditions and modifications as the Board of Directors (Board) of the Company consider necessary and determined or agreed to by them while giving such consent, that a sum not exceeding Rs 5,50,00,000/- out of the amount standing to the credit of the General Reserve and Share premium Account of the Company as at September 30, 2006 be capitalized and transferred from the said account to Share Capital Account and that the whole or part of the sum capitalized as aforesaid as may be determined by the Board shall be applied for the issue and allotment at par out of the Companys un-issued equity shares in the ratio of one new equity share of Rs 10/- each as fully paid bonus shares for every one existing equity share to the persons who hold such shares on the record date to be fixed by the Board upon the footing that they become entitled to the new bonus shares for all purposes as capital, subject to necessary provisions & approvals.