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Monday, February 07, 2011

MVL Ltd: Outcome of Board Meeting

MVL Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on February 04, 2011,
has decided to raise the funds for its diversification plan to the tune of US$ 100 million through issuance of FCCBs/ADRs/GDRs. The approval for issuance of FCCBs/ADRs/GDRs shall be taken from the shareholders through postal ballot.

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