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Foods & Inns - Outcome of Board Meeting

Foods & Inns Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 30, 2008, inter alia, has inducted Mr. Milan Dalal as Co-Promoter, along with Mr. Utsav Dhupelia and Mrs. Pallavi Dhupelia, the existing Promoters of the Company, subject to the Company obtaining the consent and approval by way of a Special Resolution from the Shareholders of the Company.

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