Bodal Chemicals - Board Meeting On Sep 25, 2008 - Sep 24, 2008

Bodal Chemicals Ltd has informed that a meeting of the Board of Directors of the Company will be held on September 25, 2008, inter alia, to allote equity shares of the Company to shareholders of Milestone Organic Ltd under the scheme of amalgamation

Bodal Chemicals - Outcome Of Board Meeting

Bodal Chemicals Ltd has informed that the Board of Directors of the Company at its meeting held on February 16, 2008, inter alia, has transacted the following businesses:

- Entitlement Ratio for Rights Issue : 1 Equity Share with 1 Detachable Warrant for every 2 equity shares held on Record date.

- Issue Price : Rs 20/- per share (including Rs 10/- premium per share)In view of pending incorporation of some of the detail in final Letter of Offer, Board ofDirectors has decided to approve final Letter of Offer in the ensuing Board Meeting to beheld on February 26, 2008.