Radha Madhav Corporation Ltd has informed that the Board of Directors of the Company at its meeting held on October 12, 2007, has resolved to allot the following securities:
1. in terms of resolution passed u/s 81(1A) in the Extra Ordinary General Meeting held on May 16, 2007, 10,00,000 Equity Shares to India Star Mauritius Ltd. & 15,00,000 Warrants to Promoters and 10,00,000 Warrants to Non Promoters.
2. Allotment of 57,390 Equity Shares to Promoters in exchange of balance of warrants allotted on May 26, 2006.
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