Radha Madhav - Outcome Of Board Meeting

Radha Madhav Corporation Ltd has informed that the Board of Directors of the Company at its meeting held on April 23, 2007, has resolved the following:1. To make allotment of Securities on Preferential basis to the following selected persons promoters and non-promoters.Promoters Groupa. Shri. Anil Agrawal: 5,00,000 warrantsb. Shri. Mitesh Agrawal: 5,00,000 warrantsc. Shri. Abhishek Agrawal: 5,00,000 warrantsNon-Promoters Groupa. Mrs. Yogita Mittal: 5,00,000 warrantsb. Shri. Hetal Mehta: 5,00,000 warrantsNon-Promoters Groupa. M/s. India Star (Mauritius) Ltd: 1,000,000 equity shares2. To increase Authorised Share Capital from Rs 27.50 Crores to Rs 36.00 Crores.3. To amend the Articles of Association.4. For the above purpose the Extra Ordinary General Meeting is convene on May 16, 2007.