Godavari Drugs - Outcome Of Board Meeting

Godavari Drugs Ltd has informed that the Board of Directors of the Company at its meeting held on April 03, 2007, had allotted 3,75,000 Equity Shares to Promoters against conversion of balance Share Warrants held by them, as per the terms of allotment made earlier on preferential basis, the details of the allotment are as below:1. Sushma Kakani - 187500 No of shares allotted2. Kamala Jaju - 187500 No of shares allotted.