Interface Financial Services Ltd: Outcome of Board Meeting

Interface Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 29, 2011, has decided to make call 20,00,00,000 Convertible Equity Warrants on Preferential basis from the following allottes:

1. Name of Allottee: Mahendra Tripuri (Individual)
- No. of Warrants allotted: 50,00,000
- 17% Money called up Amt. in Rs. - 8,50,000

2. Name of Allottee: Rajendra Tripuri (Individual)
- No. of Warrants allotted: 50,00,000
- 17% Money called up Amt. in Rs. - 8,50,000

3. Name of Allottee: Vastram Designs Pvt. Ltd. (Company)
- No. of Warrants allotted: 3,00,00,000
- 17% Money called up Amt. in Rs. - 51,00,000

4. Name of Allottee: Neo Auto Technomedia India Pvt. Ltd. (Company)
- No. of Warrants allotted: 1,80,00,000
- 17% Money called up Amt. in Rs. - 30,60,000

5. Name of Allottee: Ramashiva Lease Finance Pvt. Ltd. (Company)
- No. of Warrants allotted: 2,70,00,000
- 17% Money called up Amt. in Rs. - 45,90,000

6. Name of Allottee: Pan Infosystems Pvt. Ltd. (Company)
- No. of Warrants allotted: 3,00,00,000
-17% Money called up Amt. in Rs. - 51,00,000

7. Name of Allottee: Alak Mercantile Pvt. Ltd. (Company)
- No. of Warrants allotted: 3,00,00,000
- 17% Money called up Amt. in Rs. - 51,00,000

8. Name of Allottee: Trusha Mercantile Pvt. Ltd. (Company)
- No. of Warrants allotted: 2,50,00,000
- 17% Money called up Amt. in Rs. - 42,50,000

9. Name of Allottee: Darshit Hydro Project Pvt. Ltd. (Company)
- No. of Warrants allotted: 3,00,00,000
-17% Money called up Amt. in Rs. - 51,00,000