ABIRLANUVO

Aditya Birla Nuvo Limited has informed the Exchange that with reference to the news item which appeared in the Economic Times of January 28,2006 under the caption 'Madura seen up for grabs',the company has stated as follows: "The Madura Garments business of our company is performing strongly, and the company has no plan or proposal or thought of exiting the business whatsoever. Despite our official denial, the story has still been carried as a speculative piece, presumably planted by some motivated elements."

Aditya Birla Nuvo Limited has informed the Exchange that the Investor Relation & Finance Committee of the Board of Directors of the Company at their meeting held on January 12, 2006 has considered and approved allotment of :- (1) 220 Equity Shares against conversion of Zero Interest Secured Fully Convertible Debentures (FCDs); (2) 220 Equity Shares against Detachable Warrants (Warrants); and (3) 220 Bonus Shares against Zero Interest Secured Fully Convertible Debentures and Detachable Warrants.

Aditya Birla Nuvo Limited has informed the Exchange that the Scheme of Amalgamation between Indo Gulf Fertilisers Limited and Aditya Birla Nuvo Limited (Formerly Indian Rayon And Industries Ltd.) and their respective Shareholders and Creditors has been sanctioned by the Hon'ble High Court, Gujarat at Ahmedabad, vide its order dated January 10, 2006 subject to sanction of the Scheme filed by the Transferor Company before the High Court of Judicature at Allahabad, Lucknow Bench.

Aditya Birla Nuvo Limited has informed the Exchange that Franklin Templeton Mutual Fund through its various schemes - Franklin India Prima Fund (FIPF) has sold 63,168 shares aggregating to 0.1055% of the share capital of Aditya Birla Nuvo Limited on December 08, 2005. The shareholding of Franklin Templeton Mutual Fund through its various scheme after the said sale is as follows : (1) Franklin India Prima Fund (FIPF) holds 2,000,000 shares aggregating to 3.3395% of the share capital of Aditya Birla Nuvo Limited. (2) Franklin India Bluechip Fund (FIBCF) holds 1,000,000 shares aggregating to 1.6

Aditya Birla Nuvo Limited has submitted to the Exchange a copy of the Proceedings of the Court Convened Meeting of Equity Shareholders of the Company held on November 16, 2005 to consider the Schemes of Amalgamation between: (1) Birla Global Finance Limited & Aditya Birla Nuvo Limited (formerly Indian Rayon And Industries Ltd.) (2) Indo Gulf Fertilisers Limited & Aditya Birla Nuvo Limited (formerly Indian Rayon And Industries Ltd.) and their respective shareholders & creditors. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest An

Members of the Exchange are hereby informed that the name of Indian Rayon & Industries Ltd. shall be changed to Aditya Birla Nuvo Limited and the trading symbol of the company be changed from INDRAYON to ABIRLANUVO w.e.f. December 07, 2005.

Indian Rayon & Industries Ltd. has informed the Exchange that at the Court Convened Meeting of the Equity Shareholders of the Company held on November 16, 2005, the Shareholders have approved the Scheme of Amalgamation between Birla Global Finance Limited and Aditya Birla Nuvo Limited (formely Indian Rayon and Industries Limited) with requisite statutory majority.

Indian Rayon & Industries Ltd. has informed the Exchange that at the Court Convened Meeting of the Equity Shareholders of the Company held on November 16, 2005, the Shareholders U/s 391-394 of the Companies Act, 1956 have approved the Scheme of Amalgamation between Indo Gulf Fertilisers Limited and Aditya Birla Nuvo Limited (formely Indian Rayon and Industries Limited) with requisite statutory majority.

Indian Rayon & Industries Ltd. has submitted to the Exchange a copy of the Company's Performance Update for the half year ended September 30, 2005. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Indian Rayon & Industries Ltd. has submitted to the exchange a copy of presentation on performance review in respect to the un-audited financial results for the quarter/half year ended September 30, 2005. The details of the presentation shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Indian Rayon & Industries Ltd. has informed the Exchange that hat by an Order made on October 07, 2005, the High Court of Gujarat at Ahmedabad, has directed that a meeting of the Equity Shareholders of the Company be convened, on November 16, 2005 for the purpose of considering, and if thought fit, approving, with or without modification(s), the Scheme of Amalgamation between Birla Global Finance Ltd and Indian Rayon and Industries Ltd and their respective shareholders and creditors (the "Scheme"). A copy of the Notice convening the meeting of the equity shareholders shall be available on the

Indian Rayon & Industries Ltd. has informed the Exchange that by an Order made on October 07, 2005, the High Court of Gujarat at Ahmedabad, has directed that a meeting of the Equity Shareholders of the Company be convened, on November 16, 2005 for the purposes of considering, and if thought fit, approving, with or without modification(s), the Scheme of Amalgamation between Indo Gulf Fertilizers Ltd and Indian Rayon and Industries Ltd and their respective shareholders and creditors (the "Scheme"). A copy of the Notice convening the meeting of the equity shareholders shall be available on the NS

Indian Rayon & Industries Ltd. has informed the Exchange regarding the result of voting conducted through postal Ballot announced on October 27, 2005, on the Special Resolution u/s 21 and all other applicable provisions of the Companies Act, 1956 relating to the change of Name of the Company from 'Indian Rayon and Industries Limited' to "Aditya Birla Nuvo Limited'. The details of the result are as follows: (a) Number of valid postal ballot forms received: 4,010 (b) Votes in favour of the Resolution: 3,05,34,913 (c) Votes against the Resolution : 32,827 (d) Number of invalid postal ballot form

Indian Rayon & Industries Ltd. has informed the Exchange regarding a press release being issued on October 27, 2005 in respect to the un-audited Financial Results of the Company for the quarter / half year ended September 30, 2005. The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Indian Rayon & Industries Ltd. has informed the Exchange that consequent to approval of change of name of the Company by the shareholders of the Company from Indian Rayon and Industries Limited to Aditya Birla Nuvo Limited, the Registrar of Companies vide their letter dated October 27, 2005 has approved change of name of the Company and has issued a fresh Certificate of Incorporation on October 27, 2005.

Indian Rayon & Industries Ltd. has informed the Exchange that Shri Rakesh Jain who has been appointed as a Director of the company w.e.f. October 01, 2005, holds Nil shares of Indian Rayon & Industries Ltd on the date of appointment.

Indian Rayon & Industries Ltd. has informed the Exchange that Mr. Adesh Gupta who has assumed office of Director on October 01, 2005 holds 784 shares aggregating to 0.000013% of the total share capital of Indian Rayon & Industries Ltd..Further,Adesh Gupta also holds 4010 shares jointly with his wife Usha Gupta.The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Indian Rayon & Industries Ltd. has informed the Exchange that Krishna Kishore Maheshwari who has been appointed as a Director of the company w.e.f. October 1, 2005, holds Nil shares of Indian Rayon & Industries Ltd on the date of appointment.

Indian Rayon & Industries Ltd. has informed the Exchange that S.K. Mitra who has been appointed as a Director of the company w.e.f. October 1, 2005, holds Nil shares of Indian Rayon & Industries Ltd on the date of appointment.

Indian Rayon & Industries Ltd. has informed the Exchange that the company is proposing to change its existing name viz. INDIAN RAYON AND INDUSTRIES LIMITED to ADITYA BIRLA NUVO LIMITED and is therefore seeking the consent of the shareholders by means of Postal Ballot as per Section 192A of the Companies Act, 1956 read with the Companies (Passing of resolution by Postal Ballot) Rules, 2001. The Company has appointed Mr. Rajendra S Parmar, Chartered Accountant, Veraval as the Scrutinizer for conducting the postal ballot process in a fair and transparent manner. The duly completed Postal Ballot F

Indian Rayon & Industries Ltd. has informed the Exchange that the BODs of the Company (Board) at its meeting held on September 11, 2005 interalia, appointed Shri K. K. Maheshwari and Shri Adesh Gupta as Whole Time Directors of the Company pursuant to provisions of Sections 198,269,309 and Schedule XIII of the Companies Act 1956, for a period of five years w.e.f. October 01, 2005, subject to approval of Shareholders in General Meeting.

Indian Rayon & Industries Ltd. has informed the Exchange that the Company has completed the acquisition of 371.8 mn. equity shares of IDEA Cellular Ltd. at a price of US$ 150 mn. (approx. Rs.17.50 per share) from AT&T Cellular Private Limited, Mauritius, a subsidiary of New Cingular Wireless Services Inc. This will raise the equity holding of Indian Rayon in IDEA Cellular Limited from 4.28 % to 20.74% and that of the Aditya Birla Group from 33.70% to 50.15%. The details of the press release issued by the Company in this respect shall be available on the NSE website (http://www.nseindia.com) un

Indian Rayon & Industries Ltd. has informed the Exchange that a meeting of the BODs of Indian Rayon And Industries Limited("the Company") was held on September 11, 2005, at which the proposal to amalgamate the entire business and undertaking of Indo Gulf Fertilizers Limited ("IGFL") and Birla Global Finance Limited ("BGFL") into the Company in terms of two separate Schemes of Amalgamation under section 391-394 of the Companies Act 1956 were considered and approved. The proposed Schemes of Amalgamation provide that upon sanction, the merger of IGFL into the Company and BGFL into the Company wi

Further, the Company has issued a Press Release in this regard. Details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Indian Rayon & Industries Ltd. has informed the Exchange regarding the result of voting conducted through postal Ballot announced on September 10, 2005 in relation to : Item No.1: Special Resolution u/s 372A of the Companies Act, 1956 authorizing the Board to make investments, give loans and providing guarantees / securities and; Item No.2: Ordinary Resolution Section 293(1) (a) of the Companies Act, 1956 authorizing the Board to restructure / demerger / sale / transfer and / or otherwise disposal of the Rajashree Syntex Division of the Company. The details of the result are as follows: Item

Indian Rayon & Industries Ltd. has informed the Exchange that the company is seeking consent of the members of the Company by means of a postal ballot in relation to : (a) Special Resolution authorizing the Board to make investments, give loans and providing guarantees / securities u/s 372A of the Companies Act, 1956 and (b) Ordinary Resolution authorizing the Board for restructuring / demerger / sale / transfer or otherwise disposal of the Rajashree Syntex Division of the Company pursuant to Section 293(1)(a) of the Companies Act, 1956. The Company has appointed Mr. Rajendra R Parmar, Charter

Indian Rayon & Industries Ltd. has submitted to the Exchange a copy of the proceedings of the AGM of the Shareholders of the Company held on June 24, 2005. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Indian Rayon & Industries Ltd. has informed the Exchange that New Cingular Wireless Services Inc., which through its subsidiary, holds 7435.61 lac equity shares of IDEA Cellular Ltd. (Idea) corresponding to 32.91% equity shares of Idea, has offered to sell, under the right of first refusal clause of the shareholder agreement , its holding in Idea to the remaining founder shareholders, viz. A.V. Birla group and Tata Industries Ltd. at an aggregate price of US $300 million(approx. Rs.17.50 per share). The A.V. Birla group has decided to convey its acceptance to the offer for acquisition by Indi

Indian Rayon & Industries Ltd. has informed the Exchange that the Company and other investors of Idea Cellular Ltd. have allowed to lapse the agreement dated December 11, 2004 with the Consortium of Singapore Technologies, Telemedia and TM International. Under the terms of the agreement, inter alia, the consortium was to acquire the entire stake in Idea Cellular Ltd. from Cingular Wireless and simultaneously put additional capital into Idea as a result, IRIL's shareholding in Idea Cellular Ltd. was to dilute from 4.28% to 3.34%.

Indian Rayon & Industries Ltd. has submitted to the Exchange a copy of the notice of AGM of the Company to be held on June 24, 2005. A copy of the notice of the AGM shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements). has submitted to the Exchange a copy of the notice of AGM of the Company will be held on June 24, 2005. A copy of the notice of the AGM shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server

Indian Rayon & Industries Ltd. has informed the Exchange that the Register of Members and Share Transfer Books of the Company will remain closed from June 11, 2005 to June 24, 2005 (both days inclusive) for the purpose of payment of dividend on equity shares for the year ended March 31, 2005 @ Rs.4/- per share as recommended by the BODs of the Company in their meeting held on April 27, 2005. The Company has further informed that the above dividend, subject to approval by the shareholders at the AGM to be held on June 24, 2005 shall be paid on or after June 24, 2005.

Indian Rayon & Industries Ltd. has informed the Exchange that Mr. Sanjeev Aga, who has been appointed as the Managing Director of the Company w.e.f. May 01, 2005, does not hold any shares or voting rights in the Company.

Indian Rayon & Industries Ltd. has informed the Exchange that Mr. G. P. Gupta, who was appointed as Director w.e.f. April 27, 2005, does not hold any shares or voting rights in the Company.

Indian Rayon & Industries Ltd. has informed the Exchange that the BODs af the company at its meeting held on April 27,2005, have interalia:1)Proposed payment of dividend on equity shares of the year ended March 31,2005 @ Rs.4.00 per equity share of Rs.10/- each.2)Co-opted Mr.Sanjeev Aga as director of the company, he will act as Managing Director of the company.3)Co-opted Mr.G.P.Gupta as a director of the company.

Indian Rayon & Industries Ltd. has informed the Exchange that the company has issued a press release dated April 27,2005 titled "An Aditya Birla Group Company Indian Rayon And Industries Limited Reports Performance for the fourth quarter and the year ended March 31,2005". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Indian Rayon & Industries Ltd. has informed the Exchange that Life Insurance Corporation of India has sold 12,53,190 Equity Shares aggregating to 2.09% of the total share capital of Indian Rayon and Industries Ltd.. The date of sale is March 03, 2005 & the mode of sale is Market Sale. The shareholding of Life Insurance Corporation of India after the said sale is 63,05,773 equity shares aggregating to 10.53 % of the total share capital of Indian Rayon and Industries Ltd..

Indian Rayon & Industries Ltd. has informed the Exchange regarding allotment of equity shares kept in Abeyance u/s 206A of the Companies Act, 1956, the Investor Relation & Finance Committee of the BODs of the Company has passed a circular resolution for allotment of a) 280 shares against conversion of Zero Interest Secured Fully Convertible Debentures (FCDs); b) 280 shares against Detachable Warrants (Warrants); and c) 280 Bonus Shares against the Zero Interest Secured Fully Convertible Debentures and Detachable Warrants.

Indian Rayon & Industries Ltd. has informed the Exchange that the Calcutta Stock Exchange Association Ltd. (CSE), Kolkata, vide its letter dated February 24, 2005 has informed the Company that it has delisted the shares of the Company from its stock exchange pursuant to the application made by the Company to it for Voluntary Delisting of its shares.

Indian Rayon & Industries Ltd. has informed the Exchange that a resolution to consider and approve the allotment of 840 equity shares of the Company against conversion of Zero Interest Secured Fully Convertible Debentures and against Detachable Warrants and Bonus Shares thereon kept in Abeyance pursuant to Section 206A of the Companies Act,1956 will be circulated to the members of the Investor Relations and Finance Committee of the BODs of the Company.

Indian Rayon & Industries Ltd. has submitted to the Exchange a copy of the Company's Performance Review for the 3rd quarter ended December 31, 2004. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Indian Rayon & Industries Ltd. has informed the Exchange that the company has issued a press release dated January 27, 2005 regarding the Company's performance for the third quarter ended December 31, 2004. The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Indian Rayon & Industries Ltd. has informed the Exchange that pursuant to approval of the Scheme of Amalgamation by the Hon'ble High Court of Karnataka at Bangalore and Bombay High Court, M/s. TransWorks IT Services (India) Ltd., Bangalore a subsidiary of M/s TransWorks Information Services Ltd., Mumbai (subsidiary of Indian Rayon and Industries Ltd.) has amalgamated with M/s TransWorks Information Services Ltd., Mumbai w.e.f. the Appointed Date i.e. April 01, 2003.

Indian Rayon & Industries Ltd. has informed the Exchange that the Company and other investors of Idea Cellular Ltd. have signed an agreement with the Consortium of Singapore Technologies, Telemedia and TM International agreeing with the consortium to acquire the 47.7% stake in Idea Cellular Ltd. Under the terms of the agreement the consortium will acquire the entire stake from Cingular Wireless and simultaneously put additional capital into Idea. Upon the completion of the transaction, the Consortium will become the single largest shareholder of IDEA with a 47.7 per cent stake. The Indian shar

Indian Rayon & Industries Ltd. has informed the Exchange that Mr. H V Lodha has tendered his resignation on October 27, 2004 and the same has been accepted by the BOD of the company.

Indian Rayon & Industries Ltd. has informed the Exchange that the Investor Relation & Finance Committee of the Board of Directors of the company has passed a circular resolution for allotment of : 1) 450 equity shares against conversion of Zero Interest Secured Fully Convertible Debentures. 2) 450 equity shares against the Detachable Warrants and 3) 450 Bonus Shares against the Zero Interest Secured Fully Convertible Debentures and Detachable Warrants.

Indian Rayon & Industries Ltd. has informed the Exchange that M/s. Clark, Gardner, Wolf & Co., have resigned as Branch Auditors of Hi-Tech Carbon Division - Renukoot, Hi-Tech Carbon Division - Gummidipoondi and Rajashree Gases Division - Jagdishpur, Units of the Company, which has been accepted by the Board. The audit of these branches will be conducted by Statutory Auditors of the company.

Indian Rayon & Industries Ltd. has informed the Exchange that a resolution to consider and approve the allotment of 1350 equity shares of the company against conversion of Zero Interest Secured Fully Convertible Debentures and against Detachable Warrants and Bonus Shares thereon kept in Abeyance pursuant to Section 206A of the Companies Act, 1956 is being circulated to the members of the Investor Relations and Finance Committee of the Board of Director of the Company.

Clarification of News : The press had reports that there are talks of Indian Rayon & Industries Limited issuing a bonus. The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Indian Rayon & Industries Limited has vide its letter inter-alia stated, "We would like to clarify that no bonus proposal has been considered or is being considered by the Board of Directors of the Company for the time being. We assure you that when