Chordia Food Products EGM outcome

Chordia Food Products Ltd has informed that the Shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on November 01, 2007, have passed the following Resolutions unanimously:

1. Increase in the Authorised Share Capital of the Company from Rs 4/- Crs. to Rs 5.50 Crs., and consequential alteration in the Capital Clauses of the Memorandum and Articles of Association of the Company.

2. Issue of 24,00,000 Convertible Warrants at a Issue Price of Rs 57/- per Warrant aggregating to Rs 13,68,00,000/- with an option to subscribe for one Equity Share of Rs 10/- each at a premium of Rs 47/- per Equity Share per Warrant.