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              Usher Agro Ltd has announced that the Board of Directors of the Company at its meeting held on May 31, 2007, inter alia, has allotted 40,00,000 warrant of face value of Rs 10/- each at a premium of Rs 20/- per warrant against payment of Rs 3/- per equity warrant being the 10% of the issue price as per the details given below:
1. Vinod Kumar Chaturvedi : 7,50,000 No of Warrants
2. Manoj Chaturvedi : 7,50,000 No of Warrants
3. Oodnap Agrotech Ltd : 25,00,000 No of Warrants.