Kwality Dairy - Updates on Outcome of Board Meeting

Kwality Dairy India Ltd has informed BSE that the Board in its meeting held on September 04, 2009 had approved the split of Face value of Equity shares of the Company from existing Rs. 10/- to Re. 1/- each subject to the approval of shareholders through postal ballot.

The notice of postal ballot is being approved by the Board at its meeting held on October 12, 2009. The Company has fixed October 16, 2009 as specified fate for ascertaining the name of shareholders to whom the Notice of Postal Ballot has to be dispatched.