Kwality Dairy - Outcome of Board Meeting

Kwality Dairy India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 12, 2009, inter alia, has approved under section 293(1)(d) to enhance the borrowing limits of the Company from the Banks and / or Financial Institution upto a maximum of Rs. 350 Crores only subject to the approval of shareholders through postal ballot.