Maruti Securities - Outcome of EGM

Maruti Securities Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 18, 2008, inter alia, have accorded the Board to offer, issue and allot to the promoters and the others, as detailed below, 1,50,00,000 convertible warrants at an issue price of Rs 30/- per warrant convertible into equal number of Equity Shares with in a period not exceeding 18 months from the date of allotment of warrants at a price of Rs 10/- per Equity Share with a premium of Rs 20/- determined in accordance with the Preferential issue guidelines given in chapter XIII of SEBI (DIP) guidelines 2000.

1. Name of the proposed allottee: Orbit Global Softsol (P) Ltd - Category: Promoter Group - No of warrants proposed to be allotted: 1875000

2. Name of the proposed allottee: Orange Infotek (P) Ltd - Category: Promoter Group - No of warrants proposed to be allotted: 1875000

3. Name of the proposed allottee: Surabhi Jain - Category: Non-Promoter Group - No of warrants proposed to be allotted: 1125000

4. Name of the proposed allottee: Samta Jain - Category: Non-Promoter Group - No of warrants proposed to be allotted: 1125000

5. Name of the proposed allottee: Sudhir Jain - Category: Non-Promoter Group - No of warrants proposed to be allotted: 1125000

6. Name of the proposed allottee: Beejay Investment & Financial Consultants (P) Ltd - Category: Non-Promoter Group - No of warrants proposed to be allotted: 1125000

7. Name of the proposed allottee: Viocky Kothari - Category: Non-Promoter Group - No of warrants proposed to be allotted: 750000

8. Name of the proposed allottee: Prativa Jain - Category: Non-Promoter Group - No of warrants proposed to be allotted: 750000

9. Name of the proposed allottee: Stupendors Traders (P) Ltd - Category: Non-Promoter Group - No of warrants proposed to be allotted: 750000

10. Name of the proposed allottee: Eversight Tradecomm (P) Ltd - Category: Non-Promoter Group - No of warrants proposed to be allotted: 1125000

11. Name of the proposed allottee: Adish Jain - Category: Non-Promoter Group - No of warrants proposed to be allotted: 1125000

12. Name of the proposed allottee: Alosa Vanijya (P) Ltd - Category: Non-Promoter Group - No of warrants proposed to be allotted: 1125000

13. Name of the proposed allottee: Swaraj Shares & Securities (P) Ltd - Category: Non-Promoter Group - No of warrants proposed to be allotted: 1125000.