Viceroy Hotels - Outcome Of Board Meeting

Viceroy Hotels Ltd has informed that the Board of Directors of the Company at its meeting held on July 11, 2007, has approved the following:1. In order to broad base the Board, the Board of Directors approved the appointment of Mr. Kaikushru Vicaji Taraporewala, as Additional Director of the Company to hold office till the date of the ensuing Annual General Meeting of the Company.2. Approved and taken on record the order of the High Court of Andhra Pradesh dated May 01, 2007 approving the scheme of arrangement / merger of various Companies with the Company.3. Approved and a1lotted 47,83,796 equity shares of Rs 10/- each of the Company as fully paid up to the respective share holders of the transferor Companies.