GS Auto - Outcome Of EGM

GS Auto International Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on April 21, 2008, have approved, to re-issue, 24300 (Twenty four thousand three hundred) Forfeited Equity shares, on preferential basis, at Rs 69.11 per shares, price computed in accordance with Chapter XIII (Guidelines for Preferential Issues) of the SEBI (Disclosure and Investor Protection) Guidelines 2000, as amended from time to time (SEBI Guidelines), and further subject to the necessary approvals, from the regulatory authorities.