Nahar Exports Limited

Nahar Exports Limited had informed the Exchange regarding postal ballot resolution in respect of change in the object class of the Memorandum of company to the shareholder of the Company U/S 192A of the Companies Act, 1956. The Company has now informed the Exchange that on the basis of the report submitted to the Board by Sh. J.P. Gupta, a Senior Chartered accountant who was appointed as scrutinizer for conducting the postal ballot under section 192A of the Companies Act, 1956, the resolution regarding the change in object clause of the Memorandum of Association of the Company as mentioned in the postal ballot notice dt. July 30, 2007 has been carried as Special Resolution as per the requirement of the Act. Further the Company has submitted a copy of Resolution passed in the meeting of Board of Directors of the Company held on September 15, 2007.