Wipro - Allotment Of Equity Shares

Wipro Ltd has informed that Administrative Committee of the Companys Board of Directors vide their resolution dated February 26, 2008 has resolved the following:

1. To issue and allot 6000 equity shares of Rs 2/- each pursuant to exercise of the stock options by the eligible employees under the Wipro Employee Stock Options Plan i.e., WESOP 2000 and Restricted Stock Unit Plan 2004.

2. Allotted 139675 equity shares of par value of Rs 2/- to JP Morgan Chase Bank, the Companys depository as underlying shares in respect of ADRs to be issued and allocated to the purchasers, pursuant to the exercise of the stock options granted to the employees under the Companys ADS Restricted Stock Unit Plan- 2004.

Yes Bank - Allotment Of Equity Shares

Yes Bank Ltd has informed that the Bank has allotted 1,15,350 (One Lac Fifteen Thousand Three Hundred and Fifty) equity shares of face value of Rs 10/- each on February 29, 2008 under the Joining Employee Stock Option Plan - I (JESOP I).

Agro Dutch - Allotment Of Shares Upon Conversion Of Warrants

Agro Dutch Industries Ltd has informed that the Committee of Directors at its meeting held on February 27, 2008 has allotted 15,80,000 (Fifteen Lacs Eighty Thousands) equity shares upon the exercise of conversion option of warrants by the followings:

1. Name : Vishwa Calibre Builders Pvt Ltd

- No of Shares Allotted upon Conversion : 10,00,000

2. Name : Penta Homes Pvt Ltd

- No of Shares Allotted upon Conversion : 4,00,000

3. Name : Mr. Gurpreet Singh

- No of Shares Allotted upon Conversion : 1,20,000

4. Name : Mr. Malvinder Singh

- No of Shares Allotted upon Conversion : 60,000

These 15,80,000 equity shares shall rank pari-passu charge in all respect with the existing shares of the Company.

The paid-up share capital of the Company after allotment of these shares stand increased to Rs 31,81,00,000/- (Rupees Thirty One Crores Eighty One Lacs Only) from Rs 30,31,00,000/- (Rupees Thirty Crores Thirty One Lacs Only).

Listing Of Equity Shares Of Manjushree Extrusions Ltd

Trading Members of the Exchange are hereby informed that effective from February 28, 2008, the equity shares of Manjushree Extrusions Ltd (Scrip Code: 532950) are listed and admitted to dealings on the Exchange in the list of B1 Group Securities. For further details please refer to the notice no 20080227-7 dated February 27, 2008.

Listing Of Equity Shares Of Gujarat Glass Ltd

Trading Members of the Exchange are hereby informed that effective from February 28, 2008, the equity shares of Gujarat Glass Ltd (Scrip Code: 532949) are listed and admitted to dealings on the Exchange in the list of B1 Group Securities. For further details please refer to the notice no 20080226-9 & notice no 20080226-24 dated February 26, 2008

Mahindra & Mahindra Financial - Allotment Of Equity Shares

Mahindra & Mahindra Financial Services Ltd has informed that the Committee of Directors at its Meeting held on February 27, 2008 has allotted 1,09,00,000 (One Crore Nine Lakhs) fully paid-up Equity Shares of Rs 10 each at a price of Rs 380/- (Rupees Three Hundred and Eighty) per Equity Share aggregating to Rs 414,20,00,000 (Rupees Four Hundred and Fourteen Crores Twenty Lakhs) on a Preferential Allotment Basis to TPG-Axon (Mauritius) II Ltd and Standard Chartered Private Equity (Mauritius) Ltd.

Alok Industries Allots Equity Shares

The committee of Alok Industries have issued and allotted 21,24,969 equity shares of the face value of Rs 10 each for cash at a premium of Rs 61.5875 per share to the allottee, pusuant to the conversion notices received from the company's paying, conversion and transfer agent for conversion of 61 FCCBs of US$ 50000 each aggregating to US$ 3.05 million . By virtue of conversion of 61 FCCBs, the number of FCCBs and amount outstanding stands at 475 and US$ 23.75 million respectively.

By virtue of the above referred conversion of FCCBs into equity, the paid up equity share capital of the company has increased from 18,41,16,207 equity shares of the face value of Rs 10 each to 18,62,41,176 equity shares of the face value of Rs 10 each.

These shares were allotted at the committee meeting held on 26 February 2008.

Prajay Engineers - Allotment Of Equity Shares On Conversion Of Fccbs

Prajay Engineers Syndicate Ltd has informed that the Company at its Allotment Committee Meeting held on February 25, 2008 allotted 76,02,315 equity shares to the following entities on conversion of 3405 Foreign Currency Convertible Bonds.

1. Name of the Shareholder: Goldman Sachs International

No of Shares Allotted: 223269

2. Name of the Shareholder: Deutsche Bank AG London

No of Shares Allotted: 223269

3. Name of the Shareholder: CLSA (Mauritius) Ltd

No of Shares Allotted: 1361942

4. Name of the Shareholder: Lehman Brothers Intl Europe

No of Shares Allotted: 457701

5. Name of the Shareholder: RBC Dexia Investor Services Trust

No of Shares Allotted: 5336134.

HCL Infosystems - Allotment Of Equity Shares Under ESOS

HCL Infosystems Ltd has informed that the Committee of Directors (Share Allotment) has on February 25, 2008 has allotted 26660 Equity Shares of Rs 2/- each (at a premium of Rs 105.63, Rs 118.79 and Rs 159.97 per shares) to the employees on exercise of their stock options under HCL INFOSYSTEMS LTD Employee Stock Option Scheme 2000 (ESOS).

Bilpower - Allotment Of Convertible Warrants On Preferential Basis

Bilpower Ltd has informed that the Issue Committee of the Company at its meeting held on February 23, 2008, has allotted 20,00,000 Convertible Warrants on preferential basis at a Issue price of Rs 350/- per Warrant, each Warrant convertible into one Equity Share of the Company at a price of Rs 350/- (including a premium of Rs 340/-) per share, within 18 months from the date of allotment.

1. Choudhary Global Ltd (Corporate Body Promoter Group)

- Number of Allotted Convertible Warrants: 7,00,000

2. Mr. Suresh Kumar Choudhary (Individual Promoter Group)

- Number of Allotted Convertible Warrants: 4,00,000

3. Mr. Naresh Kumar Choudhary (Individual Promoter Group)

- Number of Allotted Convertible Warrants: 4,00,000

4. Mr. Rajendra Kumar Choudhary (Individual Promoter Group)

- Number of Allotted Convertible Warrants: 4,00,000

5. Mr. Ravi Choudhary (Individual Promoter Group)

- Number of Allotted Convertible Warrants: 25,000

6. Mr. Abhishek Choudhary (Individual Promoter Group)

- Number of Allotted Convertible Warrants: 25,000

7. Mitin Balubhai Shah

Dharmi Mitin Shah (Individual - Other)

- Number of Allotted Convertible Warrants: 50,000

All the allottees have paid Rs 35/- (Rupees Thirty Five only) per convertible warrant being 10% of the total amount payable on conversion i.e. Rs 350/- (Rupees Three Hundred Fifty only).

Adlabs Films - Allotment Of Equity Shares On Conversion Of Zcfccbs

Adlabs Films Ltd has informed that the Committee of the Board of Directors at its meeting held on February 25, 2008 has allotted 74,886 equity shares of Face Value Rs 5/- each for cash at a price of Rs 543.42 (including a premium of Rs 538.42) per share pursuant to the conversion notices received in respect of conversion of Zero Coupon Foreign Currency Convertible Bonds (ZCFBBCs) aggregating 7,50,000 Euros (or Rs 4,06,95,000) in value.

Pursuant to the allotment the total paid up share capital of the Company shall be Rs 23,03,81,230/- divided into 4,60,76,246 equity shares of Rs 5 each fully paid up.

3i Infotech - Allotment Of Equity Shares Under ESOS

3i Infotech Ltd has informed that the Company has allotted 35,200 equity shares on February 25, 2008, to the applicants under Employee Stock Option Scheme (ESOS), 2000.

Jubilant Organosys - Allotment Of Shares On Conversion Of Fccbs

Jubilant Organosys Ltd has informed that the Special Committee of the Board of Directors of the Company at its meeting held on February 25, 2008, allotment of 301,631 equity shares of Re 1/- each at a premium of Rs 272.0648 per share has been made to Copthall Mauritius Investments Ltd., on conversion of a part of the Foreign Currency Convertible Bonds amounting to US $ 1.9 Million.

Tourism Finance - Allotment Of Equity Shares

Tourism Finance Corporation of India Ltd has informed that the Board of Directors of the Company at its meeting held on February 25, 2008, inter alia, has considered and approved allotment of 1,32,97,648 Equity Shares of Rs 10 each for cash at a price of Rs 48 (including premium of Rs 38 per equity share) aggregating Rs 63,82,87,104 to the following allottees:

1. Identity of Allottee: IFCI Ltd

- No. of equity shares allotted : 6838122

- % of post Preferential issue Allotment: 26.496%

2. Identity of Allottee: State Bank of India

- No. of equity shares allotted : 2416296

- % of post Preferential issue Allotment: 9.188%

3. Identity of Allottee: Life Insurance Corp. Of India

- No. of equity shares allotted : 2024310

- % of post Preferential issue Allotment: 7.698%

4. Identity of Allottee: Bank of India

- No. of equity shares allotted : 1234824

- % of post Preferential issue Allotment: 4.695%

5. Identity of Allottee: United India Insurance Co. Ltd

- No. of equity shares allotted : 459096

- % of post Preferential issue Allotment: 1.746%

6. Identity of Allottee: The Oriental Insurance Co. Ltd

- No. of equity shares allotted : 325000

- % of post Preferential issue Allotment: 1.291%.

Winsome Breweries To Re-Issue Equity Shares

The board of Winsome Breweries has decided to re-issue upto 1038400 equity shares of Rs 10 each earlier forfeited due to non-payment of call money at a price of Rs 10 per share to non-promoter investors on preferential allotment basis.

This was decided at the board meeting held on 14 February 2008.

Listing Of Equity Shares Of Tulsi Extrusions Ltd

Trading Members of the Exchange are hereby informed that effective from February 25, 2008, the equity shares of Tulsi Extrusions Ltd (Scrip Code: 532948) are listed and admitted to dealings on the Exchange in the list of B1 Group Securities. For further details please refer to the notice no 20080221-11 dated February 21, 2008.

Listing Of Equity Shares Of IRB Infrastructure Developers Ltd

Trading Members of the Exchange are hereby informed that effective from February 25, 2008, the equity shares of IRB Infrastructure Developers Ltd (Scrip Code: 532947) are listed and admitted to dealings on the Exchange in the list of B1 Group Securities. For further details please refer to the notice no 20080220-26 dated February 20, 2008 & notice no 20080222-1 dated February 22, 2008.

Dr Reddys - Allotment Of Equity Shares Under ESOP

Dr Reddys Laboratories Ltd has informed that pursuant to Dr. Reddys Employees Stock Option Scheme, 2002, the Compensation Committee of the Board of Directors of the Company has allotted 37,094 equity shares of Rs 5 each of the Company on February 21, 2008, to Employees who have exercised their Stock Options.

NDTV - Allotment Of Shares Under ESOP

New Delhi Television Ltd (NDTV) has informed that the Allotment Committee of the Board of Directors of the Company at its meeting held on February 22, 2008, has made an allotment of 2920 (Two Thousand Nine Hundred Twenty) shares to the eligible employees of the Company upon exercise of Options vested in them.

ITC - Allotment Of Shares Under ESOS

ITC Ltd has informed that the Company on February 18, 2008 has issued and allotted 6,43,090 Ordinary Shares of Re 1/- each, upon exercise of 64,309 Options by Optionees under the ITC Employee Stock Option Scheme (ESOS).

Consequently, with effect from February 18, 2008, the Issued and Subscribed Share Capital of the Company stands increased to Rs 376,72,79,690/- divided into 376,72,79,690 Ordinary Shares of Re 1/- each.

ICICI Bank - Allotment Of Equity Shares Under ESOS

ICICI Bank Ltd has informed that the Bank has allotted 8,003 equity shares of face value of Rs 10/- each on February 18, 2008 under the Employees Stock Option Scheme, 2000 (ESOS).

GTL - Allotment Of Warrants Under ESOP

GTL Ltd has informed that the Nomination & Remuneration Committee of the Board of Directors of the Company at its meeting held on February 21, 2008 has considered and approved allotment of 171,500 warrants under the ESOP 2004 Subsidiary Scheme & ESOP 2005 Scheme of the Company as detailed below:

(i) Particular of the Scheme : Employees Stock Option Scheme-2004 Subsidiary

- 126,500 Number of warrants

(ii) Particular of the Scheme : Employees Stock Option Scheme-2005

- 45,000 Number of Warrants

HCL Technologies - Allotment Of Equity Shares Under ESOP

HCL Technologies Ltd has informed that the Employees Stock Option Allotment Committee of the Company on February 21, 2008 has allotted 3,46,004 Equity Shares of Rs 2/- each, under the 1999, 2000 & 2004 Stock Option Plans of the Company. Consequent to the said allotment the paid-up share capital of the Company has gone up to 66,50,04,876 equity shares of Rs 2/- each aggregating to Rs 133,00,09,752/-.

Gitanjali Gems - Allotment Of Warrants

Gitanjali Gems Ltd has informed that the Company has made an allotment of 10 million convertible warrants to Promoter and Promoter Group on preferential basis.

Further the Company has informed that, the 10 million Fully Convertible Warrants of Rs 10/- each have been issued @ Rs 312/- per warrant out of which Rs 31.20/- per warrant being 10% of the issue price of the warrants have been received from all the allottees in accordance with the Preferential Issue Guidelines issued by SEBI.

Kotak Mahindra Bank - Allotment Of Equity Shares Under ESOP

Kotak Mahindra Bank Ltd has informed that the ESOP Allotment Committee of the Bank at its meeting held on February 20, 2008, has allotted 1,71,827 equity shares of Rs 10/- each, pursuant to exercise of Stock Options granted as under:

ESOP Plan Series 2002-03/06 : 78,957 equity shares

ESOP Plan Series 2002-03/07 : 41,250 equity shares

ESOP Scheme Series 2005/01 : 14,520 equity shares

ESOP Scheme Series 2005/02 : 37,100 equity shares.

Aftek - Allotment Of Shares Under ESOS

Aftek Ltd has informed that the Company on February 20, 2008 has allotted 4533 numbers of equity shares of Rs 02/- each to employees on exercise of stock options granted under the Aftek Employee Stock Option Scheme 2004 (ESOS). After the said conversion, the paid up share capital of the Company stands increased from Rs 186961958/- to Rs 186971024/-.

GTL Infrastructure - Allotment Of Equity Shares Upon Conversion Of Fccbs

GTL Infrastructure Ltd has informed that the Committee of the Board at its meeting held on February 20, 2008, has considered and approved allotment of 18,968,325 Equity Shares consequent to conversion of FCCBs worth USD 25,600,000 at a conversion price of Rs 53.04 per share, in terms of the Offering Circular dated November 24, 2007 for issue of U.S.$. 300,000,000 Zero Coupon Convertible Bonds due 2012.

UTV Software - Allotment Of Shares

UTV Software Communications Ltd has informed that pursuant to the authority granted by the Board of Directors to the Shareholders Investor / Grievance Committee at its meeting held on February 20, 2008 have allotted 5,19,500 equity shares of Rs 10/- each at a issue price of Rs 192.50 per share upon conversion of 5,19,500 warrants to Mr. Rohinton Screwvala pursuant to the approval granted by the members at their Annual General Meeting held on August 24, 2006.

ACC - Allotment Of Shares Against Exercise Of ESOS

ACC Ltd has informed that pursuant to the Resolutions passed by Circular dated February 14, 2008, by the Shareholders / Investors Grievance Committee of the Board,2,805 shares were allotted against exercise of Employee Stock Options under various ESOS as under:

ESOS 2003 : 1,000 shares

ESOS 2004 : 1,805 shares

Consequently, the paid up Share Capital of the Company has increased from 18,76,30,028 shares to 18,76,32,833 shares of Rs 10/- face value, as of date.

Aban Offshore - Allotment Of Equity Shares Pursuant To Conversion Of Fccbs

Aban Offshore Ltd has informed that the Company has received Notices for conversion of Bonds of an amount aggregating to JPY 30,000,000 (3 Foreign Currency Convertible Bonds of face Value of JPY 10,000,000/- each). Accordingly as per the terms of Offering Circular dated March 31, 2006, the Company on February 19, 2008 allotted 4118 Equity Shares of Rs 2/- each fully paid.

Tech Mahindra - Allotment Of Equity Shares

Tech Mahindra Ltd has informed that the resolution passed by the Share Allotment Committee of the Board of Directors of the Company on February 19, 2008 for issue and allotment of a total of 1,910 equity shares of Rs 10/- each of the Company to various applicants, as under:

- 600 equity shares, on exercise of stock options under Employee Stock Option Plan2000 (ESOP 2000).

- 1,250 equity shares, on exercise of stock options under Employee Stock Option Plan 2006 (ESOP 2006).

Listing Of Equity Shares Of Shriram EPC Ltd

Trading Members of the Exchange are hereby informed that effective from February 20, 2008, the equity shares of Shriram EPC Ltd (Scrip Code: 532945) are listed and admitted to dealings on the Exchange in the list of B1 Group Securities. For further details please refer to the notice no 20080218-35 dated February 18, 2008.

Listing Of Equity Shares Of Bang Overseas Ltd

Trading Members of the Exchange are hereby informed that effective from February 20, 2008, the equity shares of Bang Overseas Ltd (Scrip Code: 532946) are listed and admitted to dealings on the Exchange in the list of B1 Group Securities. For further details please refer to the notice no 20080219-1 dated February 19, 2008.

Lupin - Allotment Of Equity Shares

Lupin Ltd has informed that the Allotment Committee of Directors at its meeting held on February 20, 2008 has allotted 9474 fully paid up equity shares of Rs 10/- each. These shares have been allotted upon exercising of options granted to the employees under the Stock Option Plans of the Company.

In view of the above, the issued and paid up capital of the Company increased to Rs 820,808,950 consisting 82,080,895 equity shares of Rs 10/- each.

Patni Computer - Allotment Of Equity Shares

Patni Computer Systems Ltd has informed that the Compensation & Remuneration Committee of Directors of the Company vide resolution dated February 15, 2008 allotted 5,425 equity shares of par value of Rs 2/- each to certain employees including 5,000 underlying equity shares of par value of Rs 2/- each to Bank of New York as Depository in connection with the issuance of 2,500 American Depositary Shares (ADSs) pursuant to the exercise of options by employees.

AXIS Bank - - Allotment Of Equity Shares Under ESOP

AXIS Bank Ltd has informed that the Committee of Directors of the Bank, on February 18, 2008, has made the allotment of 1,57,068 equity shares of Rs 10/- each to the employees of the Bank, under ESOP.

The paid up share capital of the Bank will accordingly get increased to 35,76,40,689 equity shares from 35,74,83,621 equity shares.

ICICI Bank - Allotment Of Equity Shares Under ESOS

ICICI Bank Ltd has informed that the Bank has allotted 4,052 equity shares of face value of Rs 10/- each on February 04, 2008 under the Employees Stock Option Scheme, 2000 (ESOS).

Listing Of Equity Shares Of Onmobile Global Ltd

Trading Members of the Exchange are hereby informed that effective from February 19, 2008, the equity shares of OnMobile Global Ltd (Scrip Code: 532944) are listed and admitted to dealings on the Exchange in the list of B1 Group Securities. For further details please refer to the notice no 20080215-10 dated February 15, 2008

3i Infotech - Allotment Of Equity Shares Under ESOS

3i Infotech Ltd has informed that the Company has allotted 8,300 equity shares on February 18, 2008, to the applicants under Employee Stock Option Scheme (ESOS), 2000.

BAG Films - Allotment Of Equity Shares

BAG Films & Media Ltd has informed that pursuant to the in-Principal approval obtained from the stock exchanges and Foreign Investment Promotion Board (FIPB), Ministry of Finance for 94,00,000 (Ninety Four Lac) Equity Shares, the Investor Grievance Committee of the Board of Directors of the Company in its meeting held on February 16, 2008 has allotted 94,00,000 equity shares of Rs 2/- each to M/s. FID Funds (Mauritius) Ltd, having its Registered Office at 10, Frere De Valios Street, Port Louis, Republic Of Mauritius, at a price of Rs 60.15 per shares (including a premium of Rs 58.15 per shares).

Listing Of Equity Shares Of KNR Constructions Ltd

Trading Members of the Exchange are hereby informed that effective from February 18, 2008, the equity shares of KNR Constructions Ltd (Scrip Code: 532942) are listed and admitted to dealings on the Exchange in the list of B1 Group Securities. For further details please refer to the notice no 20080214-13 dated February 14, 2008.

Reliance Power Board To Consider Issuing Free Bonus Shares

Reliance Power Ltd on February 17, 2008 has announced that a meeting of the Board of Directors of the Company will be held on February 24, 2008.

Reliance Power Board will inter alia consider a proposal for issuing free bonus shares to all categories of shareholders, excluding the promoter group (comprising of Reliance Energy Ltd. and the ADA Group), and / or other measures, which will result in reduction of the cost of Reliance Power Ltd. shares below the IPO price of Rs 430 per share for retail investors, and Rs 450 per share for institutional and other categories of investors.

Reliance Powers IPO closed on January 18, 2008, receiving an overwhelming and record breaking response, with commitments of nearly Rs 7,50,000 crore (USD 190 billion), from nearly 500 institutional investors across the globe, and 5 million retail investors. The sheer scale and unprecedented magnitude of the response clearly reflected the pricing of the IPO as being in line with prevailing valuation benchmarks and market sentiments.

However, subsequent to the closing of the IPO, the global and Indian equity markets have suffered an extra-ordinary meltdown, with all benchmark indices down 15% - 20%, and leading Indian stocks down by an even greater range of 20% - 40%.

In line with this global trend, the Reliance Power stock price has closed below the IPO price, since listing on February 11, 2008.

From the time of opening of the Reliance Power IPO on January 15, 2008, the Sensex is down 13%, while the Reliance Power stock is down 11% from the IPO price for retail investors, and 15% for other categories of investors.

The decline in the Reliance Power stock price has been compounded by:

- a vicious and orchestrated campaign of market manipulation and market abuse

- unleashed by unscrupulous rival corporate interests

- to hammer down all Reliance ADA group stocks

- in an attempt to undermine our fair name and reputation, and- cause losses to millions of genuine investors.

Exide Industries - Allotment Of Rights Shares

Exide Industries Ltd has informed that the Board of Directors of the Company at its meeting held on February 15, 2008, inter alia, has considered the Basis of Allotment for 5,00,00,000 equity shares of face value of Re 1/- each issued on Rights Basis.

Post allotment of 5,00,00,000 equity shares on Rights basis, the paid-up capital of the Company increased to Rs 80,00,00,000/s (Rupees Eighty Crores only) divided into 80,00,00,000 equity shares of face value of Re 1/- each from the existing Rs 75,00,00,000/- (Rupees Seventy Five Crores only) divided into 75,00,00,000 equity shares of face value of Re 1/- each.

Jyoti Structures - Allotment Of Equity Shares Under ESOS

Jyoti Structures Ltd has informed that the Compensation Committee of the Board of Directors by Circulatory Resolution dated February 15, 2008 has:

1. Allotted 13,950 Equity Shares of Rs 2 each arising out of Stock Options granted to the employees of the Company under Employees Stock Option Scheme.

2. Granted further 5,550 Options to the eligible employees under the Employees Stock Option Scheme.

Consequent to the aforesaid allotment of 13,950 Equity Shares of Rs 2 each, the paid up share capital of the Company has increased to Rs 16,23,44,180 divided into 8,11,72,090 Equity Shares of Rs 2 each.

Wipro - Allotment Of Equity Shares

Wipro Ltd has informed that Administrative Committee of the Companys Board of Directors vide their resolution dated February 14, 2008 has resolved the following:

1. To issue and allot 95130 equity shares of Rs 2/- each pursuant to exercise of the stock options by the eligible employees under the Wipro Employee Stock Options Plan i.e., WESOP 2000 and Restricted Stock Unit Plan 2004.

2. Allotted 17400 equity shares of par value of Rs 2/- to JP Morgan Chase Bank, the Companys depository as underlying shares in respect of ADRs to be issued and allocated to the purchasers, pursuant to the exercise of the stock options granted to the employees under the Companys ADS Restricted Stock Unit Plan- 2004.

Gremach Infrastructure - Allotment Of FCCBs

Gremach Infrastructure Equipments & Projects Ltd has informed that the Company has issued and allotted Foreign Currency Convertible Bonds (FCCBs) with a maturity of five years and one day on February 12, 2008. The FCCBs were issued in the principal amount of USD 50,000,000 (Fifty million only) and are convertible into ordinary shares of the Company at an initial conversion price of Rs 376.36 per share. The conversion price of the FCCBs may be adjusted in certain circumstances. The FCCBs, have a 1% coupon (payable on a semi-annual basis). The said issue was made at 15% premium to the reference price.

The Company had previously obtained the approval of its shareholders to issue FCCBs up to a value of USD 75 million. These FCCBs will be listed on the Singapore Stock Exchange.

Standard Chartered Bank was the sole bookrunner and Atherstone Capital Markets Ltd act as a financial Advisor for this issue.

Steel Exchange - Allotment Of Warrants

Steel Exchange India Ltd has informed that the Management Committee of the Company has allotted 42,30,000 share warrants, out of the proposed 47,90,000 share warrants, which was approved by the members of the Company in the Extra ordinary General Meeting held on January 29, 2008 at a price (including premium) of Rs 126/- (Rupees One hundred and Twenty Six only) per share warrant in its meeting held on February 12, 2008 to the following:

- M/s. Umashiv Garments Pvt Ltd: 42,30,000 No of Share Warrants Allotted.

Nagarjuna Construction - Allotment Of Equity Shares

Nagarjuna Construction Company Ltd has informed that the Allotment Committee of the Board of the Company at its meeting held on February 13, 2008 has allotted 64800 Equity Shares of Rs 2/- each @ Rs 22/- per share arising out of exercise of options by the employees of the Company under the terms of the NCC Employees Stock Option Plan 2004 which was earlier approved by the Share Holders of the Company at their Extraordinary General Meeting held on November 16, 2004. Consequent to the aforesaid allotment, the paid up capital of the Company stands increased to Rs 45,76,77,440/- divided into 22,88,38,720 Equity shares of Rs 2/- each from the existing Rs 45,75,47,840/- divided into 22,87,73,920 Equity shares of Rs 2/- each.

Ckoramaandel Cements - Allotment Of Equity Shares

Ckoramaandel Cements Ltd has informed that the Board of Directors of the Company at its meeting held on February 14, 2008, has allotted 1,41,80,617 (One Crore Forty One Lakhs Eighty Thousand Six Hundred and Seventeen) Equity Shares of Rs 10/- each as bonus shares in the ratio of 7:4 i.e. Seven Equity Shares for Every four Shares held on January 31, 2008 i.e. Record Date.

Fame India - Allotment Of Equity Shares

Fame India Ltd has informed that on exercise of the options by the employees, the Company has allotted 9,904 equity shares to 7 employees at the Compensation Committees Meeting held on February 11, 2008.

Bliss GVS - Allotment Of Equity Shares

Bliss GVS Pharma Ltd has informed that pursuant to the authorities delegated to the Committee and in accordance with the inprinciple approval for allotment of the shares as issued by the Stock Exchange, the Committee on October 12, 2007 allotted 140,000 equity shares of Rs 10/ each for Rs 170/ Per shares under the Employees Stock Purchase Scheme.

Shamken Cotsyn To Issue & Allot Equity Shares

The board of Shamken Cotsyn has decided to offer, issue and allot 7,36,606 equity shares of face value Rs 10 each to the promoters & promoters group on preferential basis.

This was decided at the board meeting held on 31 January 2008.

Pioneer Investcorp - Allotment Of Warrants

Pioneer Investcorp Ltd has informed that the Board of Directors of the Company at its meeting held on February 12, 2008, has allotted 15,00,000 Warrants (convertible into one Equity Shares of the face value of Rs 10/- each) to Mr. Gaurang Gandhi, Promoter and Managing Director of the Company at a price of Rs 630/- per Warrant (including a premium of Rs 620/- per Warrant) pursuant to Special Resolution passed by the Shareholders of the Company at the Extra Ordinary General Meeting of the Company held on December 18, 2007.

Rajesh Exports - Allotment Of Bonus Shares

Rajesh Exports Ltd has informed that the Board of Directors of the Company at its meeting held on February 13, 2008, has approved the allotment of 147814000 equity shares of Re 1/- each of the Company as Bonus Shares by Capitalization of the profits to all the shareholders of the Company whose names appeared on the Register of Members of the Company on the record date of February 05, 2008.

Jubilant Organosys - Allotment Of Equity Shares On Conversion Of FCCBs

Jubilant Organosys Ltd has informed that the Meeting of the Special Committee of the Board of Directors held on February 13, 2008, allotment of 198,441 equity shares of Re 1/- each at a premium of Rs 272.0648 per share has been made to Swiss Finance Corp. (Mauritius) Ltd., on conversion of a part of the Foreign Currency Convertible Bonds amounting to US $ 1,250,000.

Listing Of Equity Shares Of Cords Cable Industries Ltd

Trading Members of the Exchange are hereby informed that effective from February 13, 2008, the equity shares of Cords Cable Industries Ltd (Scrip Code: 532941) are listed and admitted to dealings on the Exchange in the list of B1 Group Securities. For further details please refer to the notice no 20080211-18 dated February 11, 2008.

Garware Marine - Allotment Of Warrants

Garware Marine Industries Ltd has informed that the Shares / Warrants AllotmentCommittee of the Board of Directors of the Company on February 11, 2008 has issued and allotted in accordance, with the SEBI (DIP) Guidelines 2000, 8,20,000 Warrants of Rs 10/ each at a price of Rs 25/ per warrant to Promoters and NonPromoters.

Monnet Ispat - Allotment Of Equity Shares

Monnet Ispat Ltd has informed that the Company has increased the paid-up equity share capital by making an allotment of 979455 equity shares of Rs 10/- each upon conversion of 640 FCCBs due 2010 and 28 FCCBs due 2011

Listing Of Equity Shares Of J Kumar Infraprojects Ltd

Trading Members of the Exchange are hereby informed that effective from February 12, 2008, the equity shares of J Kumar Infraprojects Ltd (Scrip Code: 532940) are listed and admitted to dealings on the Exchange in the list of B1 Group Securities. For further details please refer to the notice no 20080211-1 dated February 11, 2008.

ICICI Bank - Allotment Of Equity Shares Under ESOS

ICICI Bank Ltd has informed that the Bank has allotted 16,850 equity shares of face value of Rs 10/- each on January 28, 2008 under the Employees Stock Option Scheme, 2000 (ESOS).

Jayant Agro - Allotment Of Equity Shares

Jayant Agro Organics Ltd has informed that the Committee of Directors of the Company on February 11, 2008, has allotted 6,00,000 Equity Shares of Rs 105/- each i.e. (F.V. Rs 5/- + Rs 100/- premium) to Itoh Oil Chemicals Co. Ltd., Japan on a preferential basis.

3i Infotech - Allotment Of Equity Shares Under ESOS

3i Infotech Ltd has informed that the Company has allotted 3,350 equity shares on February 11, 2008, to the applicants under Employee Stock Option Scheme (ESOS), 2000.

Parenteral Drugs India To Allot Equity Shares And Warrants

The shareholders of Parenteral Drugs India have approved by passing special resolution, preferential allotment of 26,70,000 equity shares of Rs 10 each and 38,00,000 warrants convertible into equal number of equity shares of Rs 10 each to the selected institutions, other persons and the promoters of the company. This was approved at the extra ordinary general meeting held on 11 February 2008.

Jindal Saw - Allotment Of Equity Shares On Conversion Of FCCBs

Jindal Saw Ltd has informed that on exercise of the option to convert FCCBs into equity shares by the FCCBs holders, the Company, on February 09, 2008 has allotted number of equity shares to the FCCBs holders as mentioned against their names at the pre-determined price of Rs 675/- per equity share of Rs 10/- each:

1. SWISS Finance Corp. (Mauritius) Ltd - 43,865 No of Shares

2. Morgan Stanley Mauritius Company Ltd - 204,705 No of Shares.

Listing Of Equity Shares Of Reliance Power Ltd

Trading Members of the Exchange are hereby informed that effective from February 11, 2008, the equity shares of Reliance Power Ltd (Scrip Code: 532939) are listed and admitted to dealings on the Exchange in the list of A Group Securities. For further details please refer to the notice no 20080207-29 dated February 07, 2008.

Coromandel Fertilisers To Allot Equity Shares

The board meeting of Coromandel Fertilisers will be held on 27 February 2008 for allotment of equity shares to the shareholders of Godavari Fertilisers & Chemicals (GFCL) consequent to amalgamation of GFCL with CFL.

Further the company has informed that, as per the scheme of amalgamation, the shareholders of GFCL will be entitled to receive 3 equity shares of CFL for every 2 equity shares held by them in GFCL.

The company made this announcement during the trading hours today, 08 February 2008.

Suven Life - Allotment Of Equity Shares Under Esops

Suven Life Sciences Ltd has informed that the Compensation Committee of Board of Directors of the Company allotted 78,540 equity shares through circular resolution on February 08, 2008 under stock option plans of the Company. Further, consequent to the above allotment, the paid up share capital of the Company has gone up from 115631660 equity shares of Re 1/ each aggregating Rs 115631660 to 115710200 equity shares of Re 1/- each aggregating Rs 115710200.

Subex Azure - Allotment Of Equity Shares Under ESOP

Subex Azure Ltd has informed that the Allotment Committee of the Company at its meeting held on February 08, 2008, has issued 1,714 equity shares of Rs 10/- each to eligible employees under the ESOP scheme.

Consequently the paid up equity share capital of the Company has increased from Rs 348,453,750 to Rs 348,470,890.

Aksh Optifibre - Allotment Of GDRs

Aksh Optifibre Ltd has informed that the Company has successfully completed the Offering and allotment of USD 5 million Global Depository Receipts (3,267,974 equity shares underlying 1,633,987 GDRs).

Elara Capital Plc of U.K. has been the sole Lead Manager to the GDR Issue of the Company.

HDFC - Allotment Of Equity Shares Under ESOS

Housing Development Finance Corporation Ltd (HDFC) has informed that the Corporation on February 07, 2008, has allotted 2,02,963 equity shares of Rs 10 each pursuant to exercise of stock options under its Employees Stock Options Scheme.

Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs 283,42,39,200 consisting of 28,34,23,920 equity shares of Rs 10 each.

HCL Technologies - Allotment Of Equity Shares Under ESOP

HCL Technologies Ltd has informed that the Employees Stock Option Allotment Committee of the Company on February 07, 2008 has allotted 3,77,780 Equity Shares of Rs 2/- each, under the 1999, 2000 & 2004 Stock Option Plans of the Company. Consequent to the said allotment the paid-up share capital of the Company has gone up to 66,46,58,872 equity shares of Rs 2/- each aggregating to Rs 132,93,17,744/-.

Max India - Allotment Of Equity Shares

Max India Ltd has informed that the Allotment Committee of Directors of the Company on February 07, 2008 has allotted 7580 equity shares of Rs 2/- each of the Company for cash at par, arising from the exercise of Options in the ratio of one equity share for every Option, to Mr. Neeraj Basur, Vice President - Corporate Finance under the Max Employee Stock Plan - 2003 of the Company.

HDFC Bank To Allot Equity Shares

The committee of HDFC Bank has approved allotment of 1,01,100 equity shares to the employees of the bank under ESOS.This was approved at the committee meeting held on 07 February 2008.

GTL Infrastructure - Allotment Of Equity Shares Upon Conversion Of Fccbs

GTL Infrastructure Ltd has informed that the Committee of Board at its meeting held on February 06, 2008, has considered and approved allotment of 26,67,420 Equity Shares consequent to conversion of FCCBs worth USD 36,00,000 at a conversion price of Rs 53.04 per share, in terms of the Offering Circular dated November 24, 2007 for issue of U.S.$. 300,000,000 Zero Coupon Convertible Bonds due 2012.

XL Telecom - Allotment Of Equity Shares Upon Conversion Of Fccbs

XL Telecom & Energy Ltd has informed that a Committee of the Board of Directors has allotted 14,99,776 (Fourteen Lakhs Ninty Nine thousand Seven hundred Seventy Six) Equity Shares of Rs 10/- each of the Company at a premium of Rs 250/- per share upon conversion of Foreign Currency Convertible Bonds to the extent of USD 9.80 million to the following on February 06, 2008.

1. Goldman Sachs Investments (Mauritius) I Ltd FCCB

- No of shares allotted : 14,99,776

- Conversion of FCCBs (USD): 9,800,000

Consequently, the paid up Equity Share Capital of the Company has been increased from 15695114 Equity Shares of Rs 10/- each to 17194890 Equity Shares of Rs 10/-each.

Mastek - Allotment Of Shares Under ESOP

Mastek Ltd has informed that the Committee of Directors of the Company at its meeting held on February 06, 2008, have allotted 9577 shares under ESOP and the paid-up share capital has subsequently increased to:

Number of shares: 285,28,058

Paid up Share Capital: 14,26,40,290.

Mindtree Consulting - Allotment Of Equity Shares

MindTree Consulting Ltd has informed that on February 01, 2008 the Company has allotted:

- 30,000 equity shares of Rs 10/- each fully paid under the ESOP 1999,

- 24,781 equity shares of Rs 10/- each fully paid under the ESOP 2001,

- 2,150 equity shares of Rs 10/- each fully paid under the ESOP 2006 (a) and

- 7,888 equity shares of Rs 10/- each fully paid under the ESOP 2006 (b) to employees pursuant to exercise of stock options granted to them.

NIIT Technologies - Allotment Of Shares Under ESOP

NIIT Technologies Ltd has informed that the Share Allotment Committee of the Board of Directors of the Company on February 06, 2008, has allotted 5,810 equity shares of Rs 10/- each in accordance with the terms of ESOP 2005

Wipro - Allotment Of Equity Shares

Wipro Ltd has informed that Administrative Committee of the Companys Board of Directors vide their resolution dated February 05, 2008, resolved to issue and allot 5260 equity shares of Rs 2/- each pursuant to exercise of the stock options by the eligible employees under the Wipro Employee Stock Options Plan i.e., WESOP 2000 and Restricted Stock Unit plan 2004.

Adlabs Films - Allotment Of Equity Shares On Conversion Of FCCBs

Adlabs Films Ltd has informed that the Committee of the Board of Directors at its meeting held on February 05, 2008 has allotted 1,19,818 equity shares of Face Value Rs 5/- each for cash at a price of Rs 543.42 (including a premium of Rs 538.42) per share pursuant to the conversion notices received in respect of conversion of Zero Coupon Foreign Currency Convertible Bonds aggregating 12,00,000 Euros (or Rs 6,51,12,000) in value.

Pursuant to the allotment the total paid up share capital of the Company shall be Rs 23,00,06,800/- divided into 4,60,01,360 equity shares of Rs 5 each fully paid up.

Further pursuant to the allotment the Networth of the Company shall be Rs 648.07 crores.

The outstanding amount of Zero Coupon Foreign Currency Convertible Bonds is now 2,19,00,000 Euros in value.

Suzlon Energy - Allotment Of Equity Shares

Suzlon Energy Ltd has informed that the ESOP-2005 Committee of the Board of Directors of the Company at its meeting held on February 05, 2008 has allotted 2,000 equity shares of Rs 2/- each to the option grantees, pursuant to exercise of the options granted to the eligible employees of the Company and its Subsidiary Companies under the Employees Stock Options Plan-2005.

Mindteck India - Allotment Of Equity Shares

Mindteck India Ltd has informed that the Board of Directors of the Company at its meeting held on January 31, 2008, has allotted 1,200,000 equity shares to Mr. Pankaj Agarwal, which constitutes 5.61% of the Companys post-issue paid up capital.

Reliance Energy - Allotment Of Equity Shares On Conversion Of ZCFCCBs

Reliance Energy Ltd has informed that the Committee of Directors of the Company at its meeting held on February 04, 2008, has allotted 26,957 equity shares of Rs 10 each for cash at a price of Rs 1,006.92 (including a premium of Rs 996.92) per Share to Foreign Institutional Investor against the conversion of 600 Zero Coupon Foreign Currency Convertible Bonds.

Consequent upon the said allotment, the paid-up capital of the Company stands increased to 23,65,30,262 fully paid-up equity shares of Rs 10 each.

3i Infotech - Allotment Of Equity Shares Under ESOS

3i Infotech Ltd has informed that the Company has allotted 10,500 equity shares on February 04, 2008, to the applicants under Employee Stock Option Scheme (ESOS), 2000.

Mahindra Forgings - Allotment Of Equity Shares Pursuant To Scheme Of Arrangement

Mahindra Forgings Ltd has informed that the Company has received approval from ForeignInvestment Promotion Board (FIPB) for allotment of equity shares pursuant to Scheme of Arrangement to the Non-resident shareholders of Transferor companies.

Consequently, the Committee of Directors of the Company at its meeting held on February 04, 2008 has allotted 11,691,916 equity shares of Rs 10/- each to the following Non-resident shareholders of the Transferor Companies:

1. Promethean I Limited2,258,447

2. Thomas Korner Gmbh1,175,510

3. Scholz AG 8,257,959.

Amtek India - Allotment Of Equity Shares

Amtek India Ltd has informed that Allotment Committee of the Board of directors of the Company in their meeting held on February 04, 2008 have allotted 548,434 equity shares at Rs 120.12/- per shares upon the conversion of FCCBs of US $ 1.50 million.

HDFC - Allotment Of Shares Pursuant To Conversion Of FCCBs

Housing Development Finance Corporation Ltd (HDFC) has informed that on February 04, 2008, the Corporation has allotted 43,745 equity shares of Rs 10 each pursuant to conversion of FCCBs by bondholders and exercise of stock options by employees.

Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs 283,22,09,570 consisting of 28,32,20,957 equity shares of Rs 10 each.

The summary of the FCCBs converted till date is as follows:

- Total FCCBs issued (Face Value USD 100000): 5000

- Number of FCCBs converted till date: 3803

- %ge converted: 76.06%.

Magma Shrachi - Allotment Of Equity Shares

Magma Shrachi Finance Ltd has informed that the Management Committee Meeting of the Board of Directors (which has been authorized in this regard) of the Company held on February 04, 2008, has allotted 16,14,300 Equity Shares of Rs 10/- each to the holders of 30,00,000 - 5% Optionally Convertible Preference Shares (OCPS) at a conversion price of Rs 200/- per equity share. The allotment was made pursuant to the terms and conditions of the issue of OCPS which was issued by the Company on preferential basis on August 04, 2006. The said equity shares shall rank pari passu in all respects with the existing equity shares.

The paid up equity share capital of the Company shall now stand increased from 2,01,62,840 equity shares of Rs 10 each aggregating to Rs 20,16,28,400 to 2,17,77,140 equity shares of Rs 10 each aggregating to Rs 21,77,71,400.

Bharti Airtel - Allotment of equity shares

Bharti Airtel Ltd has informed that the Allotment Committee of Directors of the Board of the Company at its meeting held on February 04, 2008, has allotted 11,675 Equity Shares to the employees upon exercise of stock options pursuant to ESOP Scheme 2005 of the Company in the following manner:

- 8,650 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 221/-

- 775 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 313/-

- 800 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 357/-

- 1,150 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 390/-

- 300 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 412/-

With the allotment of the above shares the equity base of the Company stand increased from present level of 1897883246 (Nos.) to 1897894921 (Nos.) Equity shares of Rs 10/- each.

Intense Technologies - Allotment Of Equity Shares

Intense Technologies Ltd has informed that the Board of Directors of the Company at its meeting held on January 31, 2008, inter alia, has considered and approved the allotment of 3,33,850 Equity shares of Rs 10/- each to the employees, who have opted to exercise their vested stock options in terms of the Employee Stock Option Plan 2005.

Consequent to the above allotment, the paid up share capital of the Company has gone up from 1,83,04,032 equity shares of Rs 10/- each aggregating Rs 18,30,40,320/- to 1,86,37,882 equity shares of Rs 10/- each aggregating Rs 18,63,78,820/-.

Prime Securities - Allotment Of Equity Share Warrants

Prime Securities Ltd has informed that the Board of Directors of the Company at its meeting held on February 01, 2008, has approved the allotment of 4,00,000 Equity Share Warrants, carrying an entitlement to apply for equivalent number of Equity Shares, on a preferential basis, in accordance with the authority granted by the special resolution passed by the shareholders of the Company at their extraordinary general meeting held on January 25, 2008.

Ashapura Minechem Allots Equity Shares

The board of Ashapura Minechem has allotted 49486 equity shares of face value Rs 2 per share to the applicants, who have exercised their option to apply for the shares under the said ESOS.

These shares were allotted at the board meeting held on 30 January 2008.

JIK Industries To Allot Equity Shares

The board meeting of JIK Industries will be held on 12 February 2008 to consider and allot 8,54,941 equity shares to promoter.

Mudra Lifestyle - Allotment Of Equity Warrants

Mudra Lifestyle Ltd has informed that the Allotment Committee of the Board of Directors of the Company at its meeting held on February 01, 2008 has Allotted 30,00,000 (Thirty Lakh) Equity Warrants of Rs 10 each at a premium of Rs 110/- per warrant, to the Promoters of the Company entitling the warrant holders to apply for an equivalent number of fully paid-up equity shares at any time during 18 months from the date of issue, the detail is as per following.

1. Mr. Murarilal Agarwal: 12,97,000 No. of Equity Warrants allotted

2. Mr. Ravindra Agarwal: 12,93,000 No. of Equity Warrants allotted

3. Mr. Vishwambharlal K Bhoot: 4,10,000 No. of Equity Warrants allotted.

IFCI - Allotment Of Equity Shares

IFCI Ltd has informed that 30 (thirty) Public Sector Banks and Financial Institutions who were holding Zero Coupon Optionally Convertible Debentures (ZCOCD) have been allotted 12,37,37,735 nos (Twelve crores, thirty seven lacs, thirty seven thousand, seven hundred and thirty five only) of Equity Shares @ of Rs 107/- per share (including premium of Rs 97/- per share) upon conversion of ZCOCDs of Rs 1323.99 crores.

Rolta India - Allotment Of Equity Shares

Rolta India Ltd has informed that the Board of Directors of the Company at its meeting held on January 31, 2008, has allotted 246280 Equity Shares of the face value of Rs 10/- each, under the Companys Employees Stock Option Plan.

Consequent to the aforesaid allotment of 246280 Equity Shares, the Issued & Paidup Capital has been increased from Rs 160,27,30,460/- to Rs 160,51,93,260/-.

Mahindra Lifespace - Allotment Of Equity Shares

Mahindra Lifespace Developers Ltd has informed that the Capital Issue Committee of the Directors of the Company at its meeting held on January 31, 2008 has done allotment of 8,61,000 Equity Shares of Rs 10/- each at a premium of Rs 516/- per equity share to the Promoters of the Company under Chapter XIII of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000.

Gitanjali Gems - Allotment Of Equity Shares Pursuant To Conversion Of FCCBs

Gitanjali Gems Ltd has informed that the Company had received Two Conversion Notices for conversion of 150 FCCBs of the face value of USD 10,000/- each.

Accordingly the Company on January 31, 2008, allotted 2,44,717 equity shares having par value of Rs 10/- each, at an initial conversion price of Rs 275/- per share in terms of the Offering Circular dated November 21, 2006.

Post the above allotment, the paid-up equity share capital of the Company stands at Rs 85,06,28,830/- consisting of 8,50,62,883 equity shares of Rs 10 each.

Reliance Communications - Allotment Of Equity Shares On Conversion Of FCCBs

Reliance Communications Ltd has informed that the Allotment Committee of the Board of Directors of the Company has, pursuant to requests received from the holders of Zero Coupon Foreign Currency Convertible Bonds (FCCBs) of USD 1,000 each, allotted 27,694 equity shares of Rs 5 each at a predetermined premium of Rs 475.68 per equity share on January 31, 2008.

The allotted equity shares as aforesaid shall rank pari passu in all respect with the existing equity shares of the Company and shall be entitled for full dividend, if declared for the financial year 2007-08.

Consequent upon the said allotment, the paid-up capital of the Company stands increased to 206,40,26,881 fully paid-up equity shares of Rs 5 each.

Listing Of Equity Shares Of Future Capital Holdings Ltd

Trading Members of the Exchange are hereby informed that effective from February 01, 2008, the equity shares of Future Capital Holdings Ltd (Scrip Code: 532938) are listed and admitted to dealings on the Exchange in the list of B1 Group Securities. For further details please refer to the notice no 20080130-11 dated January 30, 2008.

KEI Industries - Allotment Of Equity Shares

KEI Industries Ltd has informed that the Share Allotment Committee of the Board at its meeting held on January 31, 2008, inter alia, has decided the following:

Allotted 6,06,358 (Six Lacs Six Thousand Three Hundred Fifty Eight) equity shares of face value of Rs 2/- each arising out of conversion of 1% FCCB for USD 1,100,000 to Shanti India-FCCB.

These equity shares have been issued at a price of Rs 81/- per share (Reset Conversion Price) (equivalent to USD 1.814 per share, considering fixed exchange rate USD 1 = Rs 44.65) in accordance with the terms of the FCCB issue made by Company on November 29, 2006.

Consequent to this allotment the issued, subscribed & paid-up share capital of the Company stands at Rs 12,16,16,676 (Rupees Twelve Crores Sixteen lacs Sixteen Thousands Six Hundred and Seventy Six only).

Himatsingka Seide - Allotment Of Equity Shares On Conversion Of Warrants

Himatsingka Seide Ltd has informed that the Committee of the Board of Directors of the Company on January 31, 2008 has allotted 2,56,000 equity shares on conversion of warrants to the following entities belonging to the promoter group in the ratio of 1 (one) equity share for 1 (one) warrant converted. The warrants were converted into equity shares at a price of Rs 130/- per share.

1. Ajoy Kumar Himatsingka: 24,000 no of shares

2. Ajoy Kumar Himatsingka (HUF): 8,000 no of shares

3. Leela Devi Himatsingka: 17,000 no of shares

4. Aditya Himatsingka: 8,250 no of shares

5. Ranjana Himatsingka: 11,500 no of shares

6. Awdhan Trading Company Ltd: 8,000 no of shares

7. Dinesh Kumar Himatsingka: 43,000 no of shares

8. Dinesh Kumar Himatsingka (HUF): 21,000 no of shares

9. Rajshree Himatsingka: 34,500 no of shares

10. Shrikant Himatsingka: 17,250 no of shares

11. Orient Silk Pvt Ltd: 3,500 no of shares

12. Aditya Resources Ltd: 18,000 no of shares

13. Priya Resources Ltd: 18,000 no of shares

14. Credit Himatsingka Pvt Ltd: 24,000 no of shares

Post this conversion, there are 50,32,000 warrants outstanding.The paid up capital of the Company stands at Rs 49,10,05,800/- comprising of 98201160 equity shares of Rs 5/- each.