Kadamb Constructions Board approves Sub-Division of equity shares

Kadamb Constructions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 24, 2009, inter alia, has approved the following:

1. Appointed Mr. Ayub Aga as Additional Independent Non Executive Director.

2. Subject to approval of members and Central Government, alter the main object clause of the Memorandum of Association through Postal Ballot.

3. Subject to availability of name from registrar of Companies hence there after approval of members and Central Government change name of the Company from Kadamb Constructions Ltd to KCL Infra Projects Ltd.

4. Subject to approval of members, sub divide face value of the Equity Shares from 1 share of Rs 10/- to 5 shares of Rs 2/- each.

5. Make Investment and form subsidiary in UAE for carrying the Company's infrastructure projects in UAE.