Keerthi Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2008, has transacted the following:

1. To conduct an Extra-Ordinary General Meeting on June 13, 2008 to ratify the issue of 20,00,000 Equity Shares issued to Promoters and their Associates on Preferential allotment basis.

2. To alter the main objects of the Company through postal ballot by inserting an object which enables Company to carry on its business in Printed Circuit Board (PCB) business.