Vivimed Labs - Allotment of Equity Shares

Vivimed Labs Ltd has informed BSE that Management Committee of the Board of Directors of the Company at their meeting held on July 11, 2011 have allotted 4,49,789 equity shares on preferential basis pursuant to

1. Special Resolution passed by the shareholders of the Company at their extra ordinary general meeting held on June 20, 2011, under Section 81 (1A) of Companies Act, 1956 and the Preferential Issue Regulations under Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended from time to time.

2. Agreement and Plan of merger by and between Vivimed Labs Ltd, Vivimed Labs USA Inc., Har-Met International Inc., Mr. William F. Harvey and Mr. Arvind Mehta (Mr. William F. Harvey and Mr. Arvind Mehta being shareholders of Har-Met International Inc.) , dated August 03, 2009.