Friday, January 18, 2008

Combat Drugs - Outcome Of Board Meeting

Combat Drugs Ltd has informed that the Board of Directors of the Company at its meeting held on January 17, 2008, has transacted the following business:

1. The approval of the draft scheme of restructuring / arrangement between the Company, its unsecured creditors and its shareholders has been deferred in view of the changes suggested by the Board.

2. The Board appointed Mr. Sanjay Agarwal and Mr. Gnana Prakash as Additional Directors of the Company.

3. The Board also decided to appoint Mr. Anjani Kumar Agarwal as an Additional Director of the Company.

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