Thakkers Developers to issue bonus shares

Thakkers Developers Ltd has informed that a meeting of the Board of Directors of the Company will be held on March 08, 2008, inter alia, to consider the following business:

1. To consider the increase in authorized capital from Rs 4.5 crores to Rs 15 Crores.

2. To consider the capitalization of profit / Reserves and issue of bonus shares to the shareholders.

3. To give authority to the Board to mortgage the property and to borrow fund.

4. To appoint Shree Sudhakar V Joshi, I.A.S. (Retd.) as independent director of the Company.

5. To approve the draft notice of Postal Ballot for obtaining the approval of the members for above matters.

6. To appoint the Scrutinizer for conducting the Postal Ballot Process.