Jayant Agro - Outcome Of Board Meeting

Jayant Agro Organics Ltd has informed that the Board of Directors of the Company at its meeting held on January 30, 2008, have decided to redeem 60,00,000 7% Redeemable Cumulative Preference Shares of Rs 5/- each, at par, on April 08, 2008, which were allotted on April 09, 2003 to be redeemed within 5 years from the date of allotment, without surrendering the Share Certificates from the Preference Shareholders, at the discretion of the Board of Directors of the Company.