KSL & Industries - Outcome Of EGM

KSL & Industries Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on November 16, 2007, inter alia, have considered and approved the following:

- To issue and allot the equity shares on private placement basis though Preferential Issue:

a. 5,92,885 equity Shares of face value Rs 4/- each at a price of Rs 253/- per share to Television Eighteen India Ltd.

b. 7,90,500 equity Shares of face value Rs 4/- each at a price of Rs 253/- per share to Bennett, Coleman & Co. Ltd.

c. 3,95,500 equity Shares of face value Rs 4/- each at a price of Rs 253/- per share to Brescon Infra Pvt Ltd.

d. 3,95,500 equity Shares of face value of Rs 4/- each at a price of Rs 253/- per share Brescon Realty Pvt Ltd.