Valecha Engineering - Outcome Of Board Meeting

Valecha Engineering Ltd has informed that the Board of Directors of the Company at its meeting held on February 27, 2007, has passed 3,74,000 warrants issued at Rs 199.55 have been fully paid up, for which fully paid equity shares of Rs 10/- each be and are hereby allotted to the following allottees from whom the balances issue price of Rs 179.60 per warrant is received:1. Valecha Investments Pvt Ltd: 3,64,000 No of Shares2. Worth Buying Trading Pvt Ltd: 10,000 No of Shares