Article: RAPICUT CARBIDES ANNOUNCES OUTCOME OF AGM

Report from the India Press Release brought to you by the Hindustan Times

MUMBAI, India, Sept 22 -- The Bombay Stock Exchange Limited (BSE) made the following corporate announcement:

Rapicut Carbides Ltd., has informed BSE that the members at the 29th Annual General Meeting (AGM) of the Company held on September 22, 2006, inter alia, have accorded to the following:

1. Adoption of the audited Balance Sheet as at March 31, 2006 and Profit and Loss Account for the year ended March 31, 2006 together with the Report of Directors and of the Auditors thereon.

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