Ckoramaandel Cements Board approves Bonus Issue

Ckoramaandel Cements Ltd has informed that the Board of Directors of the Company at its meeting held on November 30, 2007, inter alia, has transacted the following:

1. Recommended to the Members for their approval, the issue of Bonus Shares in the ratio of 7 Bonus Shares for every 4 Shares held by the members, in the ensuing Annual General Meeting of the Company.

2. Approved to convene the Annual General Meeting of the Members of the Company to be held on December 31, 2007.

Ckoramaandel Cements considers bonus issue

Ckoramaandel Cements Ltd has informed that a meeting of the Board of Directors of the Company will be held on November 30, 2007, inter alia, to transact the following business:

1. To Consider and approve the Profit & Loss Account for the year ended on September 30, 2007 (18 Months) and Balance Sheet as on that date.

2. To Consider the proposal for issue of Bonus Shares.