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Thursday, February 03, 2011

Satra Properties India Ltd: Outcome of Board Meeting

Satra Properties India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 03, 2011, inter alia, transacted the following business:

1. The Board has approved the extension of the date of redemption of 74,00,000 8% Cumulative Redeemable Preference Shares for a further period of 3 years with an option to the Company to exercise put / call option for early redemption.

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