Khaitan Electricals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 30, 2008, inter alia, to discuss the following:

1. To consider Approval of Draft Profit & Loss Account, Balance Sheet, Directors Report, Corporate Governance Report, Auditors Report, Cash Flow Statement for the Year 2007-08.

2. To approve Publication of Audited Results for the year 2007-08 and last Quarter ended
March 31, 2008.

3. a) To consider recommendation of Dividend if any,

b) To Fix date and Venue of Annual General Meeting.

c) To consider closure of Members Register.

4. To consider Re-appointment of Sri. Sunil K Khaitan, Vice-Chairman & MD for a further period of Five Years from November 01, 2008.

5. To consider appointment of New Independent Directors.