Regaliaa Realty - Outcome Of Board Meeting

Regaliaa Realty Ltd has informed that the Board of Directors of the Company at its meeting held on March 05, 2007, has transacted the following business:1. Ms. D Deeptha has nominated Mr. G Sundaramurthi, Chief Financial Officer-cum-Compliance Officer of the Company as an alternate Director of the Company in her place.2. Approved issue of convertible warrants on preferential basis to the following, subject to necessary approvals of the members and other applicable statutory authorities, in one or more trenches at the price as per SEBI guidelines. 3. Further, the Promoters have decided to convene an Extraordinary General Meeting of the members of the Company on April 04, 2007, to obtain the approval of the members for the above purpose and all incidental matters thereto.4. Decided to go ahead with the delisting of shares from Madras Stock Exchange and the same will be included as an item on the Agenda of the Extraordinary General Meeting of the Company to be convened on April 04, 2007.