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              Poly Medicure Ltd has announced that the Board of Directors of the Company at its meeting held on March 17, 2007, has decided for issuing and allotment of Preferential convertible Warrants to the following persons belonging to promoter Group :
1. Himanshu Baid: 60000 No of warrants allotted
2. Rishi Bai: 60000 No of warrants allotted
3. J K Baid: 65000 No of warrants allotted
4. Vishal Baid: 65000 No of warrants allotted
5. Mukulika Baid: 20000 No of warrants allotted
6. Shireen Baid: 20000 No of warrants allotted
7. Neha Baid: 20000 No of warrants allotted
8. Shailly Baid: 20000 No of warrants allotted
9. Dhruv Baid: 10000 No of warrants allotted
10. Aaryaman Baid: 10000 No of warrants allotted
11. Arham Baid: 10000 No of warrants allotted
12. Jai Polypan Pvt Ltd: 34000 No of warrants allotted
13. VCB Traidng Pvt Ltd: 1000 No of warrants allotted
14. Himanshu Baid (HUF): 15000 No of warrants allotted
15. Rishi Baid (HUF): 15000 No of warrants allotted.