Remi Process - EGM On Mar 10, 2007

Remi Process Plant & Machinery Ltd has informed that an Extra-Ordinary General Meeting (EGM) of the members of the Company will be held on March 10, 2007, inter alia, to transact the following:1. Increase in the Authorised Share Capital of the Company from the existing Rs 50,00,000/- by Rs 130,00,000/- divided into 13,00,000 Equity Shares of Rs 10/- each.2. Out of the amount standing to the credit of General Reserve Account of the Company, a sum of Rs 132,00,000/- be and is hereby capitalized and that this sum be credited to the Share Capital Account on behalf of the holders of the 4,40,000 Equity Shares as on the March 10, 2007, in payment in full of 13,20,000 new Equity Shares of Rs 10/- each and that such new Equity Shares credited as fully paid be issued and allotted in the proportion of THREE new Equity Shares for every Equity Share held by them respectively on that date and that the said shares be treated as an increase in the nominal amount of capital held by each of them and not as income.Further resolved that, the new shares will be allotted subject to the Memorandum and Articles of Association of the Company and shall rank pari passu in all respects with the existing shares.