Winsome Breweries - Outcome Of Board Meeting - Sep 6, 2008

Winsome Breweries Ltd has informed that the Board of Directors of the Company at its meeting held on September 01, 2008, inter alia, has taken the following decisions:

- Re-issue of forfeited shares on Preferential Basis:

The Board decided to re-issue upto 1038400 equity shares of Rs 10 each earlier forfeited due to non-payment of call money at a price of Rs 10/- per share to M/s. Indfish Ltd, a promoter Group Company on preferential allotment basis subject to approval of shareholders in the ensuing AGM and subject to such other statutory approval.

- Issue of Further Shares on Preferential Basis:

The Board also decided to issue upto 97,00,000 further equity shares at a price of Rs 10/- per share to the following Investors on preferential allotment basis subject to approval of shareholders in the ensuing AGM and subject to such other statutory approval.

1. Name: Pentstemon Florist Pvt. Ltd (Strategic Investor)
No. of Shares proposed to be allotted - 41,44,800

2. Name: Supreme e-solutions Pvt. Ltd (Strategic Investor)
No. of Shares proposed to be allotted - 8,59,100

3. Name: Indfish Ltd (Promoter)
No. of Shares proposed to be allotted - 46,96,100