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Infotrek Syscom Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 10, 2008, has considered and decided as below:

1. The Board resolved to convert, in accordance with the terms of issue 600,000 warrants issued to Bennett, Coleman & Co. Ltd into 600,000 Equity Shares of face value of Rs.10/- each of a premium of Rs. 80 per shares as fully paid Equity Shares.

2. The Board ratified the allotment of 1,900,000 warrants to First Online Comtrades Private Ltd as done by the Compliance Committee of the Director at their meeting held on March 29, 2008.

3. The Board took on record the MOU signed by the Company with the Madhya Pradesh Trade and Investment Facilitation Corporation Ltd (TRIFAC) a wholly owned Undertaking of Govt. of Madhya Pradesh for setting up recycling plants in Madhya Pradesh for plastic & electronic waste. On implementation of the above projects in the different States of India, the Company would be the only multi-location e-waste management (WEEE)Company in India.

4. The Bound of the Company welcomes announcement of the “Guidelines for Environmentally Sound Management of E-waste” by the Central Pollution Control Board (CPCB), New Delhi. On effective implementation of the above Guidelines, business of electronic waste recycling will grow by leaps and bounds in India. This will help in improving environmental conditions & ecological balance. This will also help generator of electronic waste especially large Corporate in complying Corporate Social Responsibility (CSR) by taking help of modern recycling facilities like of Eco Recycling Ltd (a subsidiary of the Company).

Infotrek Syscom Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 10, 2008, inter alia, for the following business:

1. Conversion of 600,000 warrants to Bennett, Coleman & Co. Ltd in to Equity Shares
@ Rs 90 per share as per the terms of the issue of warrants as approved by the General Body in its meeting dated January 12, 2008.

2. Ratification of allotment of 19,00,000 warrants to First On Line Comtrades Pvt Ltd as per the terms of the preferential issue as approved by the General Body in its meeting held on January 12, 2008.

3. To take on record the Memorandum of Understanding signed by the Company with the Madhya Pradesh Trade and Investment Facilitation Corporation Ltd (TRIFAC), a wholly owned Undertaking of Govt. of Madhya Pradesh for setting up recycling plants in Madhya Pradesh for plastic & electronic waste.

Infotrek Syscom Ltd has informed BSE that the Board of Directors of the Company at its
meeting held on March 21, 2008, has considered and decided for the issue of 25,00,000 warrants each convertible into one equity share of Rs 10 each at a premium of Rs 80 per share was tabled before the board & same was taken on record. The above issue was approved by the General Body meeting held on January 12, 2008 to the following allottees:

i) Bennett, Coleman & Co. Ltd

- No of Warrants of Rs 90/- each : 6,00,000

ii) First Online Comtrades Pvt Ltd (Promoter Group)

- No of Warrants of Rs 90/- each : 19,00,000

The Board asked Mr. Samrat Shree Maheshwari, Compliance Office of the Company to Comply with the necessary requirement of the allotment procedure as laid down under SEBI DIP Guidelines and report to the Board in their next Board Meeting.

Infotrek Syscom Ltd has informed BSE that the Board of Directors of the Company at its
meeting held on March 17, 2008, has considered and decided the following matters:

1. In Principal approval received from the stock exchange for the issue & allotment of 30,00,000 warrants each convertible into one equity share of Rs 10 each at a premium of Rs 50 per share was tabled before the board & same was taken on record. It is not out of place to mention that the aforesaid 30,00,000 warrants issued to under mentioned was approved by the General Body in it’s meeting held on August 14, 2007.

i) First Online Comtrades Pvt Ltd (Promoter Group)

- No of Warrants of Rs 60/- each : 10,00,000

ii) Knights Bridge Financial Services Pvt Ltd

- No of Warrants of Rs 60/- each : 10,00,000

iii) Mahakosh Holdings Pvt Ltd

- No of Warrants of Rs 60/- each : 5,00,000

iv) Alomarya Technical LLC

- No of Warrants of Rs 60/- each : 5,00,000

2. It has been decided by the board to form a committee of 2 members namely Mr. B K Soni (Managing Director) and Ms. Aruna Soni (Director) to comply with the procedural requirement for the allotment of Warrants, convertible Warrants, Equity shares & other instruments. The above committee can exercise it’s rights between the dates of two consecutive board meeting and report the action taken in the next board meeting to the members of the Board for their ratification.

3. The Managing Director informed the board about the progress made by the Company’s subsidiary Eco Recycling Ltd (Ecoreco) as under:

(a) Ecoreco received consent to establish from the Maharashtra Pollution Control Board (MPCB) and same was tabled before the Board.

(b) Ecoreco imported mobile shredder and the same has been tested and working efficiently.

(c) Ecoreco purchased vehicles and have been put in to use for transport of electronic waste for recycling.

(d) Ecoreco had pledge order for a large shredder on a U.K.
based supplier and the same is expected by the end of March 2008.

(e) Ecoreco is receiving overwhelming response for it’s WEEE recycling from large Corporate users of electronics.

Infotrek Syscom Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 21, 2008, inter alia, to consider & approve for allotment of Convertible warrants under the Preferential Issue, approval for which has been granted by the members in their meeting held on January 12, 2008 and by the Stock Exchange.

Infotrek Syscom Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 17, 2008, inter alia, to consider and approve of allotment of Convertible warrants under the Preferential issue, approval for which has been granted by the members in their meeting held on August 14, 2007 and by the stock exchange.