GANGOTRI

Gangotri Textiles Limited has informed the Exchange that the Board of Directors at its meeting held on May 19, 2010, in view of the loss incurred by the Company, the Directors have not recommended dividend on Equity Shares for the Financial Year ended March 31, 2010.

Gangotri Textiles Limited has informed the Exchange regarding the outcome of the meeting of the Board of Directors held on October 30, 2009 which is as follows : 1) Allotment of Cumulative Redeemable Preference Shares. 2) Allotment of 67,84,261 Equity Shares of Rs 5/- each to the Lenders. 3) Allotment of 97,69,335 Equity Shares of Rs 5/- each to the Promoter/Associates. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Gangotri

Gangotri Textiles Limited has informed the Exchange that the Board of Directors in their meeting held on May 07,2009 have approved the following. [1] Co-option of the following persons as Additional Directors.[a] Sri.A.S.Ravichandran [b] Sri. Ullash Sanghavi [2] Allotment of 70,00,000, 6.5 % Redeemable Cumulative Preference Shares of Rs 100/ each to M/s State Bank of India towards conversion of loan outstanding in terms of the approved Corporate Debt Restructuring Scheme.[3]The Allotment of the following Equity Shares has been deferred in view of the company not obtained In-principle approva

Gangotri Textiles Limited has informed the Exchange that the Board Meeting originally scheduled to be held on August 14,2008, for the purpose of deciding preferential allotment of shares to the Promoters stands deferred.