CG Impex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 04, 2008, subject to the approval of Shareholders in the General Meeting decided as under:

1. To Increase the Authorized Share Capital of the Company from Rs 6 crores to Rs 10 crores respectively.

2. To Issue Bonus Shares in proportion of 1:2 (i.e. 1 fully paid bonus shares of face value Rs 10 each for every 2 fully paid equity shares of Rs 10 each) held by the Members as on the Record date, by capitalization of an amount of Rs 25570500/- out of the free reserves of the Company as on date.

3. To Fix Extraordinary General Meeting of the Members of the Company on March 29, 2008 for getting approval for increase in authorized share capital of the Company and issue of bonus shares and further to issue notices of EGM to all members of the Company.