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Ecoboard Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 22, 2008, inter alia, to consider the following:

1. To discuss Annual Operating plans and budgets and any updates.

2. To consider and take on record the Unaudited Financial Results together with / without the Limited Review Report for the quarter ended June 30, 2008.

3. To adopt Audited Financial Result for the financial year 2007-2008 and its enclosures.

4. To approve Directors Report for the financial year 2007-2008.

5. To fix date, time and venue for the Annual General Meeting.

6. To approve Notice for Annual General Meeting.

7. To fix the period of closure of share transfer register and members register.

8. To discuss on labour problems and their proposed solutions. Any significant development in Human Resource.

Ecoboard Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 19, 2008, inter alia, has unanimously passed the resolution to issue and allot 750,000 (seven lacs Fifty Thousand) fully paid equity shares of Rs 10 each to the following promoter group at a price of Rs 21/- (Rs Twenty one) i.e. at a premium of Rs 11 (Rs Eleven) per share, the Company do allot the said 750,000 equity shares to the following promoter applicants who have deposited the full amount of consideration of Rs 1,57,50,000 (Rs One Crore Fifty Seven lacs Fifty thousand) with the Company:

1. Mr. G R K Raju: 250,000 No. of shares allotted

2. Mr. P Satyanarayan Raju: 250,000 No. of shares allotted

3. Mr. Srinivas Raju P: 250,000 No. of shares allotted.

Resolved further that the said 750,000 share so issued and allotted shall remain under lock in for a period of 3 years from date of this allotment upto June 18, 2011, as per SEBI DIP guidelines.

Ecoboard Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 19, 2008, inter alia, to issue and allot 750,000 (seven lacs Fifty Thousand) fully paid equity shares of Rs 10 each to the following promoter group at a price of Rs 21/- (Rs Twenty one) i.e. at a premium of Rs 11 (Rs Eleven) per share, the Company do allot the said 750,000 equity shares to the following promoter applicants who have deposited the full amount of consideration of Rs 1,57,50,000 (Rs One Crore Fifty Seven lacs Fifty thousand) with the Company:

1. Mr. G R K Raju: 250,000 No. of shares allotted

2. Mr. P Satyanarayan Raju: 250,000 No. of shares allotted

3. Mr. Srinivas Raju P: 250,000 No. of shares allotted.

Resolved further that the said 750,000 share so issued and allotted shall remain under lock in for a period of 3 years from date of this allotment upto June 18, 2011, as per SEBI DIP guidelines.

Ecoboard Industries Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 27, 2008, inter alia, have accorded to offer, issue and allot in one or more tranches and on such terms and conditions as may be deemed appropriate by the Board, by way of Preferential Allotment upto 7,50,000/- (Seven lacs fifty thousand only), Equity Shares of Rs 10/- each of the Company for cash, at a price of Rs 21 per share (i.e. at a premium of Re 11 per share), ranking pari passu in all respects including as to dividend with the existing Equity Shares of the Company (’the shares’), to the Promoters / Promoter Group Companies including persons acting in concert with the Promoters and their Nominees, on such other terms and conditions as the Board may deem appropriate in its absolute discretion, subject to necessary provisions & approvals.

Ecoboard Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 31, 2008 inter alia, to transact the following business:

1. To allot 7,50,000 equity shares of Rs 10/- each to promoters by way of preferential issue at a premium of Rs 11/? per share.

2. Shifting of accounts of Working Capital limits from South Indian Bank and The Federal Bank Ltd to State Bank of India.

Ecoboard Industries Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on March 27, 2008, inter alia, to offer, Issue and allot in one or more tranches and on such terms and conditions as may be deemed appropriate by the Board, by way of Preferential Allotment upto 7,50,000/- (Seven lacs fifty thousand only), Equity Shares of Rs 10/- each of the Company for cash, at a price of Rs 21 per share (i.e. at a premium of Re 11 per share), ranking pari passu in all respects including as to dividend with the existing Equity Shares of the Company (’the shares’), to the Promoters / Promoter Group Companies including persons acting in concert with the Promoters and their Nominees, on such other terms and conditions as the Board may deem appropriate in its absolute discretion, subject to necessary provisions & approvals.

Ecoboard Industries Ltd has informed BSE that the meeting of the Board of Directors of the Company held on February 27, 2008, which adjourned on March 04, 2008, inter alia, has transacted the following:

1. Preferential issue :

- The Company do offer 750000 (seven lace fifty thousand) equity shares of Rs 10/- each on Preferential Basis to the Promoters and Promoter Group, at a premium of Rs 11 per shares price thus at a total price of Rs 21 as determined as per Chapter XIII of SEBI Guidelines for Preferential Issues, subject to necessary provisions & approvals.

An Extra Ordinary General Meeting of the members of the Company be convened on March 27, 2008 for seeking approval of the shareholders for the said Preferential Issue, by sending notices to shareholders.

The relevant date for the purpose of determination of price at which the shares should be offered to the Promoters on preferential basis shall be February 26, 2008, being 30th day prior to the date of EGM.

2. Cessation of directorship of Mr. Yadwadkar:

Mr. Yadwaedkar’s nomination withdrawal by IDBI be and is hereby accepted and approved and that the same be reported to the proper authorities.

3. Diversification, expansion and Growth Plans:

subject to various approvals in this regard the Company shall start venturing into the following new areas of business which under existing circumstances can conveniently and advantageously be combined with the existing business of the Company:

(i) Construction of green buildings projects, wherein eco friendly material is used: related products, like fly as bricks etc.

(ii) Recycling of materials;

(iii) Household furniture segment;

(iv) Energy and power generation, alternative energy generation products, energy Conservation related products and services.

(v) Bio fuels, ethanol, its various applications, derivatives, transportation, storage, distribution

(vi) Bio-Technology, Bio-Systems and related actives.

(vii) Herbals and medicines from herbs, related products; herb cultivation and herb-farming;

(viii) Infrastructure and building construction.

(ix) Agro based activities, agro project development, sugar including food, fruit and vegetable processing including sale exports and import promotion activities;

(x) Information Technology and Information Technology Enabled Services (ITES).

(xi) Telecommunication and down stream products and services in telecommunication.

Subject to various approvals in this regard, suitable changes in memorandum of association be effected so that the Company can start and carry on these activities along-with its existing main objects.

Postal ballot mechanism be started for effecting changes in memorandum of association for inclusion of the above objects in the memorandum and for starting activities in the fields as per provisions of section 149 of the Companies Act, 1956.

Board approved notice and resolutions along with draft resolution sought to be passed through voting by postal ballot and explanatory statement thereof. Board authorized CMD / Company secretary to supervise and control the entire postal ballot process.

Ecoboard Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 27, 2008, inter alia, to transact the following businesses:

1. Allotment of Equity shares on Preferential basis to promoters to meet immediate fund requirements for Financial Institutions in process of loan foreclosure etc.

2. Get Board’s conceptual nod for expansion and diversification places in different areas.

3. Calling of Extra Ordinary General Meeting for preferential allotment and approving of notice.