Jaihind Projects - Outcome of Board Meeting

Jaihind Projects Ltd has informed that the Board of Directors of the Company at its meeting held on June 01, 2007, inter alia, has allotted 10,00,000 fully paid up Equity Shares of Rs 10 at a premium of Rs 31 per share aggregating to Rs 4,10,00,000 on preferential basis to the following Promoters / Non Promoter Group who have paid full amount of subscription including the premium amount:1. Mr. Prakash L Hinduja Jt. with Gaurav P Hinduja (Promoter) : 20,00,000 shares allotted2. Mr. Prakash L Hinduja Jt. with Mr. Dinesh L Hinduja (Promoter) : 20,00,000 shares allotted3. Mrs. Nita P Hinduja Jt. with Mr. Prakash L Hinduja (Promoter Group) : 2,00,000 shares allotted4. Gaurav Prakash Hinduja (Promoter Group) : 1,00,000 shares allotted