Lanco Infratech Board approves Sub-division

Lanco Infratech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 27, 2009, inter alia, have approved the Sub-division of One Fully paid up Equity Share of Face Value of Rs. 10/- each into Ten (10) Equity Shares of Face Value of Re. 1/- (Rupee One Only) each fully paid up, subject to the approval of the Members.

The Notice of Postal Ballot for (a) Sub-division of One Fully paid up Equity Share of Face Value of Rs. 10/- each into Ten (10) Equity Shares of Face Value of Re. 1/- (Rupee One Only) each fully paid up, and (b) for passing a Special Resolution for amending the Articles of Association of the Company under Section 31 of the Companies Act, 1956 as required, was approved.