Transworld Infotech Board to consider dividend

Transworld Infotech Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 05, 2007, inter alia, to consider the following businesses:

1. To consider and approve audited Financial Results for the year ended June 30, 2007 and to recommend dividend if any.

2. To fix up date of next Annual General Meeting for adoption of accounts and other business.

3. To consider issue of GDR / FCCBs or such other securities subject to passing of Special Resolution at the General Meeting of the Company.

4. To Consider commencement of new business stipulated in object clause in Part (III) (C) of the Memorandum of Association i.e. other objects.

5. To consider Increase in Authorised Capital of the Company.

6. To consider passing of Resolution to increase borrowing limits.

7. To consider passing of Resolution to mortgage and charge property of the Company.