An extra Ordinary General Meeting of the Members of the Company is scheduled on 6th June 2006 at 2.00 pm at Vijayanagar Hall, Hotel Taj Residency, M G Road, Bangalore, to seek approval of members of the Company in respect of -

1) a) For sub-division of each of the 50,00,000 (fifty lakh) equity shares of Rs.10/- each comprising the Authorised Share Capital of the company into 5 equity shares of Rs.2/- each and accordingly
b) for dividing the existing 50,00,000 equity shares of Rs.10/- each comprising the issued, subscribed and paid-up equity share capital of the company into 2,50,00,000 equity shares of Rs.2/- each and further
c) for issuance of new share certificates representing the subdivided equity shares.

2) Alteration of Memorandum of Association of the company in the manner as set out in the text of resolution in the Notice. Reasons for alterations have been explained in the Explanatory statement attached to the Notice of EGM.

3) Alteration of Article 3 of the Articles of Association of the Company, details specified in the Explanatory statement attched to Notice of EGM

Notice of the EGM.