GEI Industrial Systems Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 28, 2011, inter alia, have unanimously passed the following resolutions:

1. Increase in Authorised Share Capital of the Company from Rs. 23 Crores to Rs. 90 Crores and related amendments in Memorandum of Association and Articles of Association of the
Company.

2. Issue of Cumulative Convertible Preference Shares and Warrants on Preferential Basis as detailed in the Notice dated February 02, 2011.