Market Creators has informed the stock exchanges that the Board of Directors of Market Creators has decided to re-submit the Draft Letter of Observation for the rights issue to raise capital by issuing 50 lakh fresh equity shares of face value Rs. 10 each in the ratio of 1 : 1 (1 rights for every 1 share held) to the existing shareholders of Market Creators. This was decided in the board meeting held on July 31, 2007.