Provogue India - Allotment Of Equity Shares Against Convertible Warrants - Sep 4, 2008

1. Mr. Nikhil Chaturvedi
- No of Shares : 123349
2. Mr. Salil Chaturvedi
- No of Shares : 120760
3. Mr. Deep Gupta
- No of Shares : 65291
4. Mr. Rakesh Rawat
- No of Shares : 44245
5. Mr. Akhil Chaturvedi
- No of Shares : 23794
6. Mr. Nigam Patel
- No of Shares : 23794
7. Mr. Virendra Chhabra (part of promoter group)
- No of Shares : 32500

18,00,000 convertible warrants were allotted to the above promoters / Promoter Group pursuant to a Special Resolution in accordance with Section 81(1A) and the Preferential issue Guidelines of SEBI passed by the members at the Extra Ordinary General Meeting held February 16, 2007 and the warrant holders have partly exercised their options earlier on March 29, 2008.
Subsequent to allotment of shares against the convertible warrants the shareholding of the said Promoters are as follows:

1. Mr. Nikhil Chaturvedi
- No of Shares : 2122399
- %age of Capital : 9.11
2. Mr. Salil Chaturvedi
- No of Shares : 2059027
- %age of Capital : 8.84
3. Mr. Deep Gupta
- No of Shares : 1134689
- %age of Capital : 4.87
4. Mr. Rakesh Rawat
- No of Shares : 822350
- %age of Capital : 3.53
5. Mr. Akhil Chaturvedi
- No of Shares : 582566
- %age of Capital : 2.50
6. Mr. Nigam Patel
- No of Shares : 582566
- %age of Capital : 2.50
7. Mr. Virendra Chhabra (Part of Promoter Group)
- No of Shares : 65000
- %age of Capital : 0.28

Further, the Promoters Shareholding in the paid up capital of the Company has been increased from 92,11,493 equity shares to 96,45,226 equity shares representing 41.43% of the total paid up capital. The equity shares shall rank pari-passu in all respects including payment of Dividend with the existing Equity Shares of the Company