SB&T International Ltd has informed BSE that the Board of Directors of the Company vide circular resolution dated April 04, 2008 has approved the allotment of 18,00,000 Equity Share Warrants of Rs 10/- each at Rs 40/- (Rs 10/- each at a premium of Rs 30/- each) to the following allottees on preferential allotment basis:

1. Sethi Mercantile Pvt Ltd
- No of Equity Warrants : 5,36,500

2. Monu Jain
- No of Equity Warrants : 1,50,000

3. Vivek Tharaney
- No of Equity Warrants : 15,000

4. Priya Tharaney
- No of Equity Warrants : 15,000

5. Aparna Gandhi
- No of Equity Warrants : 50,000

6. Rakhi Jain
- No of Equity Warrants : 15,000

7. Sharmendra Jain
- No of Equity Warrants : 5,000

8. Shrance Sethi
- No of Equity Warrants : 20,000

9. Veena Chauhan / Sanjay Chauhan
- No of Equity Warrants : 1,000

10. Jayesh Shah
- No of Equity Warrants : 2,500

11. Dilip Dalal
- No of Equity Warrants : 1,00,000

12. Anasuya Madgavkar
- No of Equity Warrants : 2,00,000

13. Vanisha Jagwani
- No of Equity Warrants : 5,40,000

14. Nikita Patel
- No of Equity Warrants : 1,00,000

15. Sunil Talreja
- No of Equity Warrants : 50,000.