Adarsh Plant gets LOI from FIIs

Adarsh Plant Protect Ltd has informed that the Company has received Letter of Intent (LOI) from two more FIs investing in the Company in the form of equity / warrants upto 4.5% each, this is the result of the huge time investment and great efforts by the management in negotiating and presenting the growth plans to the investor groups.

The name of the FIs are as follows:

1. Anrex Health Care Inc, USA
2. Shanraj Enterprise Inc, LA, USA.

Hence, in total the Company has already received LOIs from four FIs, including these two, for funding the growth plan of the Company. Total proposed FI investment in the Company will reach, upto 18% (Approx). As per schedule, the Company's Board will meet on January 07, 2008 to discuss and decide and consider the same.