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              Interworld Digital Ltd has announced that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on April 28, 2007, inter alia, have approved the preferential allotment of 45,50,000 equity shares of Re 1/- each at a premium of Rs 1.20/- per share to the following persons on preferential basis:
1. Mr. Man Mohan Gupta (Promoter Director) : 22,75,000 No. of Shares
2. Mr. Peeyush Aggarwal (Director) : 22,75,000 No. of Shares