Saboo Sodium - Outcome Of Board Meeting

Saboo Sodium Chloro Ltd has informed that the Board of Directors of the Company at its meeting held on July 03, 2007, has decided the following:1. To issue of upto 61,19,900 fully convertible warrants to the promoters and entities other than promoters in compliance with the provisions of SEBI (DIP) Guidelines.2. To convene Extra-ordinary General Meeting of the members of the Company on July 30, 2007, to obtain approval for preferential issue of convertible warrants, as aforesaid.