Almondz Global Securities Ltd has informed BSE that the Company has obtained the approval of the shareholders with requisite majority to the following matter:

Grant of 1500000 Stock Options to the identified employees of the Company (as per the Explanatory Statement to the Notice of Postal Ballot as sent to the shareholders) aggregating equal to or more than 1% of the issued Capital (excluding outstanding warrants and any other convertible instruments) at the time of grant of options under the “Almondz Global Securities Employees Stock Option Scheme 2007″ read with Securities & Exchange Board of India (Employee Stock Option Scheme & Employee Stock Purchase Scheme) Guidelines, 1999,

on June 09, 2008 by way of Postal Ballot under Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001.