Sree Rayalaseema Alkalies & Allied Chemicals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 29, 2012, to recommend appropriate resolutions to the ensuing Annual General Meeting for Preferential Allotment of Equity Shares and Convertible Share Warrants to the Promoters and to fix the price along with other items of Agenda.

The Details of Board recommendation for Preferential Allotment and date of Annual General Meeting (AGM), Book Closure will be intimated after the Board Meeting.