Temptation Foods Ltd has informed BSE that 17th Annual General Meeting (AGM) of the shareholders of the Company will be held on May 12, 2008, inter alia, to transact the following business:

1. To receive and adopt the audited Balance Sheet as at March 31, 2008 and the Profit & Loss Account for the year ended on that date, together with the Reports of the Directors and the Auditors thereon.

2. To appoint a Director in place of Mr. R V Joshi & Mr. G Ramachandran, who retires by rotation and, being eligible, offers themselves for re-appointment.

3. To appoint M/s. Sharp and Tannan, Chartered Accountants, Mumbai, as the Auditors of the Company to hold the office from the conclusion of this Annual General Meeting to the conclusion of the next Annual General Meeting, on remuneration, terms & conditions.

4. To appoint Mr. Vinit Kumar as the Director of the Company, not liable to retire by rotation.

5. To increase the Authorised Share Capital of the Company from Rs 30,00,00,000/- (Rupees Thirty Crore only) divided into 3,00,00,000 (Three Crore) Equity Shares of Rs 10/- each, to Rs 75,00,00,000/- (Rupees Seventy Five Crore only) divided into 7,50,00,000 (Seven Crore Fifty Lakhs) Equity Shares of Rs 10/- each, by creation of additional 4,50,00,000 (Four Crore Fifty Lakhs) Equity Shares of Rs 10/- each, amounting to Rs. 45,00,00,000/- (Rupees Forty Five Crore only).