Diamond Cables Board to consider Bonus Issue

Diamond Cables Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 29, 2009, inter alia, to consider the following:

1. To approve the Un-audited financial results of the Company for the quarter ended on September 30, 2009.

2. To approve issue of equity shares to Promoters / Friends / Relatives / Associate Companies / Private Equity Investors.

3. To consider issue of Bonus Shares to existing shareholders of the Company.

4. To approve draft notice of Extra Ordinary General Meeting and to decide time, date & venue of the meeting for obtaining shareholders approval for issue of equity shares & bonus shares.