The Board of Directors of Keerthi Industries Ltd. at its meeting held on May 11, 2010 has fixed June 10, 2010 as RECORD DATE for issue of shares to the equity shareholders of Hyderabad Flextech Ltd. The equity shareholders of Hyderabad Flextech Ltd. will get one equity share of Rs. 10/- each of Keerthi Industries Ltd. for every forty five equity shares of Rs. 10/- each held by them as on Record Date as per the Scheme of Arrangement approved by the Hon''ble Court of Andhra Pradesh Vide its Order Dt. January 19, 2010.