Radha Madhav - Outcome Of EGM

Radha Madhav Corporation Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on April 07, 2007, inter alia, have accorded to the following:1. Cancellation of Rs 6,00,00,000/- divided into 60,00,000 Equity shares of Rs 10/- each of the Company, lying un-issued in the Authorised Shares Capital of the Company be diminished from Rs 27,50,00,000/- divided into 2,75,00,000 Equity shares of Rs 10/- each to Rs 21,50,00,000/- divided into 2,15,00,000 Equity shares of Rs 10/- each, subject to necessary provisions and approvals and consequential amendments in the Memorandum & Articles of Association of the Company.2. To offer, issue and allot Cumulative Convertible Preference sharesi. 3490400 to Deutsche Securities Mauritius Ltd,ii. 2094240 to Concordia Asia Pacific Multi Strategy Fund.