Assambrook - Outcome Of Board Meeting

Assambrook Ltd has informed that the Board of Directors of the Company at its meeting held on April 08, 2008, has decided and approved a draft notice in respect of:

1. Increase its present authorized capital.

2. Changes in the capital clause of the Memorandum of Association.

3. Issue of Preference Shares upto Rs 1200 Lacs subject to the approval by the shareholders by way of Postal Ballot.

Assambrook - Outcome Of AGM

Assambrook Ltd has informed that the members at the 58th Annual General Meeting (AGM) of the Company held on December 24, 2007, inter alia, have accorded the following:

1. Adoption of the Audited Balance Sheet as on March 31, 2007 and the Audited Profit & Loss Account for the year ended on that date together with the report of the Auditors and Directors thereon.

2. Re-appointment of Shri. Mrinal Kanti Guha as a Director of the Company, liable to retire by rotation.

3. Appointment of M/s. Tiwari & Co., Chartered Accountants, as Auditors of the company in place of retiring auditors M/s. Clark, Gardner, Wolf & Co., Chartered Accountants, Kolkata, to hold office from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.

4. Appointment of Shri. Siddharth Rampuria as Managing Director of the Company for the period from October 01, 2006 to September 30, 2009, on remuneration, terms & conditions.