Lykis Limited - Outcome of Board Meeting

Lykis Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 12, 2015, inter alia, has transacted the following :<BR><BR>- The Board has considered and approved issue of 9,68,000 warrants, convertible into Equity Shares in one or more trenches, on preferential basis to Non Promoter at a price which will be determined as per SEBI (ICDR) Regulations and other applicable laws and subject to approval of Members in the ensuing General Meeting.