Gangotri Textiles Limited has informed the Exchange regarding the outcome of the meeting of the Board of Directors held on October 30, 2009 which is as follows : 1) Allotment of Cumulative Redeemable Preference Shares. 2) Allotment of 67,84,261 Equity Shares of Rs 5/- each to the Lenders. 3) Allotment of 97,69,335 Equity Shares of Rs 5/- each to the Promoter/Associates. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).