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Vax Housing - Change in Directorate

Vax Housing Finance Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 28, 2008, inter alia, has approved the following:

1. Mr. Faisal Parekh has resigned from his directorship with effect from February 28, 2008.

2. Mr. Mayank Bhandari has appointed as Additional Directors of the Company with effect from February 28, 2008.

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