CMI Ltd: Outcome of Board Meeting

CMI Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 30 , 2011 inter alia, has Allotted 1,52,675 (One Lakh Five Two Thousand Six Hundred and Seventy Five only) Equity Shares of face value of Rs. 10/- at a premium of Rs. 15.76/- each and 3,28,632 (Three Lakh Twenty Eight Thousand Six Hundred and Thirty Two only) Convertible Warrants on preferential basis to Mr. Amit Jain, as the capacity of promoter.