Advani Hotels & Resorts India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 23, 2008, inter alia, to transact the following business:

1. To take on record the consolidated un-audited financial results for the quarter
and year ended March 31, 2008.

2. To consider interim Dividend on the Equity Share Capital.

3. To consider issue of Securities to promoters and others to part-finance the refurbishment of the Hotel.