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Temptation Foods - Outcome of EGM

Temptation Foods Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 23, 2008, inter alia, have accorded to the following:

1. Increase in the borrowing limit of the Company to Rs 1250 Crore (Rupees One Thousand Two Hundred and Fifty Crore only).

2. Consent to mortgage and / or create a charge or the assets of Company.

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