Real Strips Ltd: Updates

Real Strips Ltd has informed BSE that pursuant to the resolution passed in an Extra Ordinary General Meeting held on November 30, 2009, out of 10,00,000 warrants allotted on December 11, 2009 9,47,000 warrants have been converted into 9,47,000 equity shares of Rs. 10/- each at a premium of Rs. 41/- per share to promoters / promoters group.