Fortune Financial - Outcome Of EGM

Fortune Financial Services India Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 16, 2007, have transacted the following business:1. Issue of 22,33,992 Equity Shares by way of preferential al1otment under section 81(A) of the Companies Act, 1956 and SEBI (DIP) Guidelines.2. Increase in the Borrowing power of the Company.3. Creation of mortgage(s) and charges(s) with respect to the borrowing of the Company.