Rohit Ferro - EGM on Oct 09, 2007

Rohit Ferro Tech Ltd has informed that an Extraordinary General Meeting (EGM) of the members of the Company will be held on October 09, 2007, to transact the following business:

1. To issue, offer and allot upto 80,00,000 Convertible Warrants (Warrants), to be convertible at the option of Warrant holder in one or more trenches, within 18 months from its allotment date into 1 fully paid up Equity Share of the Company of face value of Rs 10/- each for cash at an exercise price of Rs 43/- (including premium of Rs 33/-) and to issue fresh Equity Shares on the conversion of the warrants, on such further terms and conditions as may be finalised by the Board of Directors to following persons belonging to Promoter Group and Strategic investors belonging to Non Promoter group:

- Promoter Group:

1. Suresh Kumar Patni: 6,00,000 No of Warrants

2. Sarita Patni: 6,00,000 No of Warrants

3. Rohit Patni: 6,00,000 No of Warrants

4. Ankit Patni: 6,00,000 No of Warrants

- Non Promoter Group:

1. Kampani Finance Ltd: 23,75,000 No of Warrants

2. Foster Capital Ventures Ltd: 23,75,000 No of Warrants

3. Vyttila Steel Pvt Ltd: 5,00,000 No of Warrants

4. Himgiri Tradecom Pvt Ltd: 1,50,000 No of Warrants

5. Preview Commerce Pvt Ltd: 1,00,000 No of Warrants

6. Shree Vardhman Milk Dairy Pvt Ltd: 1,00,000 No of Warrants