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Shalimar Productions - Outcome of EGM

Shalimar Productions Ltd has informed BSE that the majority of the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on June 10, 2008 have not casted votes in favour of the resolutions for the issue of 20,00,000 (Twenty Lakhs) Shares to the Promoters / Directors on Preferential basis and 2000,00,000 (Two Crores) only warrants of the Company to Promoters and Non-Promoters of the Company. The resolutions have not been passed by the Shareholders.

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