Ennore Coke - Outcome Of Board Meeting

Ennore Coke Ltd has informed that the Board of Directors of the Company at its meeting held on March 31, 2007, has discussed and decided the following:1. The terms of Business Transfer Agreement was reviewed and it was decided to transfer the Business of Ennore Power and Coke Pvt Ltd to the Company as at March 31, 2007 Subject to the transfer of Term Loan from Union Bank Of India. The request for transfer of Term Loan under the BTA has already been made to the Bank alongwith their relevant requirements and it is now under active processing. The Approval from Bank is expected shortly.2. The Board has decided to shift the Registered Office of the Company to;48-50 IIIrd Floor, Surve Services Premises, Sonawalla Cross Road I, Goregaon (East),Mumbai.The Board has also decided to inform ROC, BSE, NSDL, CDSL and other Statutory Authority.