Tuesday, February 26, 2008

LKP Merchant - Outcome Of Board Meeting

LKP Merchant Financing Ltd has informed that the Board of Directors of the Company at its meeting held on February 25, 2008, has allotted 10,00,000 warrants on preferential basis to the promoter group:

1. Name of the Allottee: Mr. Mahendra V Doshi

No of Warrants allotted: 2,00,000 (Two Lacs Only)

2. Name of the Allottee: Mr. Bhavana M Doshi

No of Warrants allotted: 6,00,000 (Six Lacs Only)

3. Name of the Allottee: Mr. Janak C Mehta

No of Warrants allotted: 2,00,000 (Two Lacs Only)

in accordance with Chapter XIII of Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 as amended to date and in terms of Special Resolution passed on February 04, 2008 in the Extra-ordinary General Meeting of the Member of the Company.

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