CHD Developers - Outcome Of Board Meeting

CHD Developers Ltd has informed that the Board of Directors of the Company at its meeting held on February 28, 2008 has allotted 1,00,00,000 warrants and 7,50,000 Equity shares on preferential basis to the allottees belonging to non promoters whose details are given below.

1. Allottees : Bennett Coleman & Co. Ltd

- No of Warrants : 25,00,000

- Price : Rs 40/-

2. Allottees : Punjab Bulls Investments (P) Ltd

- No of Warrants : 75,00,000

- Price : Rs 40/-

3. Allottees : DB Corp. Ltd

- No of Equity Shares : 7,50,000

- Price : Rs 40/-.