Tatia Global - Outcome of Board Meeting

Tatia Global Vennture Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 14, 2009, inter alia, has approved the following:

1. The Board approved to change the name of the Company from TATIA GLOBAL VENNTURE LTD to FELIX GLOBAL VENTURE LTD subject to approval of members and statutory authorities concerned.

2. The Board approved the acquisition of M/s. Sarvamangala Estate and holding P Ltd. as a result the said Company (paid up value Rs. 1 lakh only) thereafter the Company shall be 100% subsidiary of the Company post acquisition.

3. The Board approved the incorporation of overseas subsidiary for the Company.

4. The Board approved to increase the authorised capital up to Rs. 20 crores from Rs. 15 crores at present and consequential alterations be made in the Memorandum of Association and Articles of Association.

5. The Board approved the issuance of Preferential Warrants / QIP's at a price to be determined by the SEBI ICDR Guidelines to Strategic Investors and others.

6. To Board consented to convene the Extra Ordinary General Body Meeting of the Company for the necessary approval of the members on the above referred approvals of the board.