Thursday, January 31, 2008

Wall Street - Outcome Of Board Meeting

Wall Street Finance Ltd has informed that the Board of Directors of the Company at its meeting held on January 29, 2008, has approved the following:

1. The appointment of Mr. S Lakshmanan as an Additional Director.

2. To consider various options available for retention of employees of the Company including Employees Stock Option Scheme within the framework of Securities and Exchange Board of India (Employees Stock Option Scheme and Employees Stock Purchase Scheme) Guidelines, 1999.

3. The Board of directors discussed that they would deliberate on future growth plans of the Company, by convening a separate board meeting shortly, to discuss & deliberate on the expansion plans either through organic and for the Inorganic route, by way of acquisitions etc.

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