Clutch Auto Ltd: Outcome of Board Meeting

Clutch Auto Ltd has informed BSE that Board of Directors of the Company at its meeting held on March 31, 2011 has approved the allotment of 12,49,700 Equity Shares to Mrs. Veena Mehta, Promoter (with a lock-in period of 3 years upto March 30, 2014) on conversion of Share Warrants allotted to her on Preferential basis.