Orbit Corporation Ltd has informed BSE that, pursuant to the approval of the shareholders at the Annual General Meeting held on September 14, 2009 and further approvals from regulatory authorities, the Directors of the Company vide circular resolution passed on November 16, 2009, have approved the allotment of 20,00,000 warrants, convertible into equity shares of Rs. 10 each at a premium of Rs. 179.75 per shares, on preferential basis, each to Mr. Ravi Kiran Aggarwal and Mr. Pujit Aggarwal, the Promoters of the Company, aggregating to 40,00,000 warrants.
| NIFTY 
