Rei Agro - EGM on Dec 24, 2007

Rei Agro Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on December 24, 2007, inter alia, to transact the following business:

- Subject to the confirmation of the High Court at Calucutta of the Scheme of Arrangement between the Company and REI Six Ten Retail Ltd and their respective shareholders, consent be and is hereby accorded pursuant to the provisions of Sections 78, 100 to 103 and other applicable provisions, if any, of the Companies Act, 1956 and Clause 3 of the Articles of Association and all other enabling provisions of the Company's Articles of Association and the Memorandum of Association of the Company to reduction of the paid-up Equity Share capital of the Company by canceling a sum of Rs 4/- from each paid-up Equity Shares of Rs 10/- each and thereafter consolidating 5 (five) Equity Shares of Rs 6/- each into 3 (three) Equity Shares of Rs 10/- each fully paid-up in the company in the manner as set out in Clause 1.3 of Part-IV of the proposed Scheme of Arrangement, subject to necessary provisions & approvals.