VISHALEXPO

Vishal Exports Overseas Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on February 15, 2011 has taken the following decisions: (1) As the Company has incurred loss during the year, the Board of Directors has not recommend and declare any dividend for the year under review.

Vishal Exports Overseas Limited has informed the Exchange that the meeting of Board of Directors of the Company, which was scheduled to be held on February 09, 2011, to consider, approve and take on record the following business, could not be held due to certain unavoidable reasons, Hence the said meeting stand adjourned 'Sine Die' (1) To consider, approve and take on record the Annual Audited Accounts of the Company for the year ended September 30, 2010. (2) To fix the dates for closure of Register of Members and Share Transfer Books of the Company for the purpose of Annual General Meeting of

Vishal Exports Overseas Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on January 29, 2010 has taken the following decisions: (1) As the Company has incurred loss during the year, the Board of Directors has not recommended and declared any dividend for the year under review. (2) Board has approved the re-appointment of Mr. Pradeep S. Mehta as a Chairman and Managing Director and Mr. Dipak S. Mehta as a Jt. Managing Director of the Company for the period of five (5) years w.e.f. July 01, 2010 subject to the approval of members of the Company.

Vishal Exports Overseas Limited has informed the Exchange that : "The Board of Directors of the Company has, at its meeting held on 3rd January 2008, considered and approved the following : 1) The proposal to demerge the 'Wind Farm Project' of the Company situated in the states of Rajasthan and Tamilnadu, on a going concern basis, to Vishal Wind Project Limited, Ahmedabad and; 2) The draft Scheme of Demerger as placed before the Board and initiated by the Chairman for the purpose of identification. The aforesaid Scheme of Demerger is subject to approval of Members of the Company and also the s

Vishal Exports Overseas Limited has informed the Exchange that the BODs at its meeting held on June 14, 2005 has taken under mentioned decisions: 1)Proposed re-appointment of Shri Subhashchandra C. Mehta as Executive Chairman, Shri Pradeep S. Mehta as Managing Director and Shri Dipak S. Mehta as Joint Managing Director of the company. 2)To raise further funds to augment its long term resources to expand upon the existing capacity in " Power Sector " through placement of issue by way of ADR / GDR / SDR / FCCB and / or issue of equity shares as may be decided.