Ess Dee Aluminium Limited

Ess Dee Aluminium Limited has informed the Exchange that "The shareholders of our Company at the Extra Ordinary General Meeting held on 3rd September, 2007 at Daman have unanimously approved the issue of 14,10,000 equity shares of Rs. 10/- each at a premium of Rs. 565/- per share, i.e. (1) 7,75,000 equity shares to M/s Morgan Stanley India Investments Fund and (2) 6,35,000 equity shares to M/s. Morgan Stanley Growth Fund, on preferential allotment basis in accordance with the provisions of Section 81(1A) of the Companies Act, 1956, the Securities and Exchange Board of India (Disclosure and Investor Protection) Guideline, 2000 and the relevant provisions of Memorandum and Articles of Association of the company, the listing agreements and all such approvals, permissions, consents and sanctions of any authorities as may be necessary."