Prakash Industries

Prakash Industries Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on September 19, 2007, have passed the resolutions for issue of 50,00,000 warrants to Amarjoti Vanijya Pvt Ltd and 5,55,556 warrants to Barclays Capital Mauritius Ltd., or its nominees respectively convertible into equity shares on preferential basis.