Clarus Finance - Outcome of Board Meeting

Clarus Finance & Securities Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 24, 2009, inter alia, has considered the following:

1. Preferential allotment of shares at Rs 10 each. The Company has fixed its Annual General Body Meeting on October 27, 2009.

2. Object of the Company will be enlarged by addition of new object relating to Infrastructure & Realty sector.

3. The Change of name of the Company.