Reliance Natural - Outcome Of CoD Meeting

Reliance Natural Resources Ltd has informed that the Committee of Directors (CoD) of the Company vide circular resolution dated March 29, 2007, has allotted 13,00,00,000 equity shares of Rs 5 each for cash at a price of Rs 25.65 (including a premium of Rs 20.65) per Share to AAA Power Systems (Global) Pvt Ltd, against the outstanding warrants issued on April 28, 2006. These Shares will be subject to lock in up to April 27, 2009.Consequent upon the said allotment, the paid-up Capital of the Company stands increased to 147,31,30,422 fully paid up equity shares of Rs 5 each.