Anant Raj Industries - Outcome of Board Meeting

Anant Raj Industries Ltd has informed that the Board of Directors of the Company at its meeting held on December 24, 2007, has allotted 3,31,73,830 no of fully paid equity shares of Rs 2/- each at a premium of Rs 276/- per share pursuant to the scheme of arrangement to the shareholders of transferor Companies namely (i) Anant Raj Exports Pvt Ltd (ii) Greenwood Promoters Pvt Ltd (iii) Jasmine Promoters Pvt Ltd (iv) Mayur Buildtech Pvt Ltd (v) Northland Estates Pvt Ltd (vi) Parkland Promoters Pvt Ltd (vii) Rockfield Bluildtech Pvt Ltd (viii) Springdales Estates Pvt Ltd (ix) Sunrise Buildtech Pvt Ltd (x) Victor Promoters Pvt Ltd (xi) West land Buildtech Pvt Ltd and (xii) Demerged division of Anant Raj Agencies Pvt Ltd. The details of the allottees are as under:

1. Sh. Ashok Sarin : 83,03,995 No of shares allotted

2. Sh. Anil Sarin : 83,77,750 No of shares allotted

3. Mrs. Roma Sarin : 26,28,135 No of shares allotted

4. Mrs. Sharda Sarin : 29,55,525 No of shares allotted

5. Sh. Amit Sarin : 36,30,620 No of shares allotted

6. Ashok Sarin (HUF) : 1,63,900 No of shares allotted

7. Anil Sarin (HUF) : 1,63,900 No of shares allotted

8. Raj Kumari (HUF): 1,63,900 No of shares allotted

9. Sh. Anil B Aggarwal : 23,685 No of shares allotted

10. Ms. Kasmiro Devi : 21,555 No of shares allotted

11. Anant Raj Agencies Pvt Ltd : 33,82,465 No of shares allotted

12. Sh. Aman Sarin : 33,02,600 No of shares allotted

13. Sh. Amar Sarin : 55,800 No of shares allotted.