Khoday India - Outcome Of Board Meeting

Khoday India Ltd has informed that the Board of Directors of the Company at is meeting held on February 15, 2008, has appointed Mr. Khoday Swamy Giridhar and Mr. B K Ratnakar Rao as Additional Directors of the Company w.e.f. February 15, 2008 and it was decided to acquire the entire paid-up share capital of M/s. Khoday Properties Pvt Ltd (KPPL) belonging t Khoday Group, by way of purchase of the issued shares by the Company from the existing Members of KPPL.