ALOKTEXT

Alok Industries Limited has informed the Exchange that the Board Meeting was held on January 31, 2006 as scheduled and amongst other things, the following matters were considered/decided/noted :- 1) The approval of the capital expansion program of the Company, envisaging expansion of spinning capacities, apparel and wider width weaving capacities, wider width processing capacities and made up / garment stitching capacities at a cost of Rs.1100 crores to be funded through Rupee Term Loans of Rs.900 Crores under TUF Scheme and Internal Accruals of Rs.200 crores.; 2) The approval to set up a 50 M

Alok Industries Limited has informed the Exchange that the Board Meeting was held on October 28, 2005 and the following matters were considered / decided / noted :- 1) To reclassify the Authorized Share Capital of the Company, After reclassification, the Authorized Share Capital stands divided into 21,00,00,000 Equity Shares of Rs. 10/- each and 9,00,00,000 Preference Shares of Rs. 10/- each; 2) To issue Non-Convertible Debentures aggregating to Rs. 75.00 Crores on a private placement basis.

Alok Industries Limited has informed the Exchange that Fitch Ratings India Private Limited have vide their letter dated October 25, 2005, affirmed the rating of A(ind) [Single A (ind)] for the Company's proposed Rs.1250 mn Secured Redeemable Non Convertible Debentures programme.

Alok Industries Limited has informed the Exchange that Credit Analysis & Research Limited have vide their letter dated October 03, 2005 assigned a 'PR 1' [PR One] rating for the Company's proposed issue of short term Non-Convertible Debentures of Rs.20.00 crore. The said rating is also valid for a period of one year from the date of their captioned letter.

Alok Industries Limited has submitted to the Exchange a copy of the minutes of the AGM of the Company held on September 29, 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).

Alok Industries Limited has informed the Exchange that the Company has been awarded "the Silver Trophy", the Second Highest Award in the Manufacturer Exporter - Made ups Category, by TEXPROCIL on September 30, 2005 for exports of cotton made-ups for the FY 2004-2005.

Alok Industries Limited has informed the Exchange that Fitch Ratings India Private Limited have vide their letter dated September 21, 2005, affirmed "F1(ind)" (F one ind) rating for the Company's Rs.800 million commercial paper programme. This rating is valid up to a maximum period of 12 months from the date of their captioned letter.

HSBC Investments (Hong Kong) Limited has informed the Exchange that the % of shareholding of HSBC Global Investment Funds-A/c HSBC Global Investment Funds (Mauritius) Limited in Alok Industries Limited has changed from 4.45% [6,570,159 shares] to 4.22% [6,570,159 shares]. The change was due to increase in the paid-up capital between July 07, 2005 and August 22, 2005.

Alok Industries Limited has informed the Exchange that the % of shareholding of HSBC Global Investment Funds-A/c HSBC Global Investment Funds (Mauritius) Limited in Alok Industries Limited has changed from 4.45% [6,570,159 shares] to 4.22% [6,570,159 shares]. The change was due to the increase in the paid-up capital between July 07, 2005 and August 22, 2005.

Members of the Exchange are hereby informed that the trading in the Optionally Fully Convertible Debentures (Series-D2) of Alok Industries Limited shall be suspended w.e.f. September 02, 2005 on account of conversion into equity shares.

Alok Industries Limited had informed the Exchange that Niraj Realtors & Shares Private Limited (NR&SPL) has sent the company an advice for conversion of 47,90,000 Warrants out of the total 59,66,400 Warrants held by them in the Company. The said 47,90,000 Warrants were accordingly converted on August 18, 2005 into 47,90,000 equity shares of Rs.10.00 each for cash at a premium of Rs.45.67 per share in accordance with SEBI Guidelines for Preferential Allotment. Alok Industries Limited has now further informed that NR&SPL has on August 18, 2005 sent to the Company a second advice for conversion

Niraj Realtors and Shares Pvt. Ltd. has informed the Exchange that they had purchased 59,66,400 warrants convertible into equity shares of Alok Industries Limited(ALOK) from TAD(Mauritius)Ltd., at a price of Rs.61.50.Out of the 59,66,400 warrants, Niraj Realtors and Shares Pvt. Ltd. have on Augsut 17,2005 sent the conversion advice for 47,90,000 warrants to ALOK.ALOK has informed Niraj Realtors and Shares Pvt. Ltd. that the said 47,90,000 warrants have been converted into 47,90,000 equity shares of Rs.10.00 each for cash at a premium of Rs.45.67 per share in accordance with SEBI guidelines for

Alok Industries Limited has informed the Exchange that Niraj Realtors and Shares Pvt. Ltd.(NR&SPL) had purchased 59,66,400 warrants convertible into equity shares from TAD(Mauritius)Ltd., at a price of Rs.61.50.Out of the 59,66,400 warrants, Niraj Realtors and Shares Pvt. Ltd. have on Augsut 17,2005 sent the advice for conversion of 47,90,000 warrants into equity shares of ALOK Industries Ltd. The said 47,90,000 warrants have been accordingly converted into 47,90,000 equity shares of Rs.10.00 each for cash at a premium of Rs.45.67 per share in accordance with SEBI guidelines for preferential

Alok Industries Limited had informed the Exchange that one of the promoter companies, M/s. Niraj Realtors & Shares Private Limited (NR&SPL), will be, subject to all applicable approvals, purchasing the 59,66,400 Share Warrants convertible into equity shares issued and allotted on March 31, 2004 to TAD (Mauritius) Ltd., a foreign investor under the prevailing Foreign Direct Investment Scheme and the applicable SEBI guidelines. The conversion price was fixed at Rs.55.67 per share. The Company have now informed that NR&SPL has purchased the 59,66,400 Share Warrants convertible into equity shares

Nirja Realtors and Shares Private Limited have informed the Exchange that they have purchased the 59,66,400 Share Warrants convertible into equity shares of Alok Industries Limited from TAD (Mauritius) Ltd., at a price of Rs.61.50. Reserve Bank of India vide its letter dated August 03, 2005 has allowed Nirja Realtors and Shares Private Limited to purchase the said Warrants from TAD. Nirja Realtors and Shares Private Limited have further informed that in the event of the exercise of rights by them under the Warrants in full then in such a case, they may acquire the 59,66,400 equity shares const

Alok Industries Limited has informed the Exchange that in the board meeting held on August 08, 2005 amongst other things, the following matters were considered / decided :- 1) holding the AGM of the Members of the Company on September 29, 2005. 2) closing of the Members Register for the purpose of entitlement of equity dividend from September 19, 2005 to September 29, 2005 (both days inclusive). 3) recommendation of equity dividend of 12.00% i.e. Rs. 1.20/- per share for the financial year ended March 31, 2005, subject to approval of members of the Company at the ensuing AGM. 4) approval of ex

Alok Industries Limited has informed the Exchange that Mr. Tim Ingram, Chief Executive of M/s. Caledonia Investments Plc. ( a London based Investment Company and a substantial shareholder of the Company)who was inducted on the board of Alok Industries Ltd. as an Additional Director w.e.f July 29,2005 holds Nil shares of the Company.

Alok Industries Limited has informed the Exchange that Fitch Ratings India Private Limited have vide their letter dated August 02, 2005, assigned a "F1(ind)" (F one ind) rating for the Company's Rs.400 million commercial paper programme. The aggregate amount for which F1 (ind) rating assigned stands enhanced from Rs.400 million to Rs.800 million. This rating is valid up to a maximum period of 12 months from the date of their captioned letter.

Alok Industries Limited has informed the Exchange that in the board meeting held on July 29,2005, the following matters were considered/decided/noted:1)The induction of Mr. Tim Ingram,Chief Executive of M/s.Caledonia Investment Plc.,(a London based investment company and a substantial shareholder of the company)as an additional director on the board w.e.f July 29,2005.2)The appointment of Mr. R.J.Kamath w.e.f May 21, 2005 as a nominee director of Industrial Development Bank of India. 3) The appointment of Mr.S.Sridhar, Executive Diretor of Export Import Bank of India w.e.f. June 27, 2005 as

Alok Industries Limited has informed the Exchange that Mr.R.J.Kamath, who was appointed as nominee director of Export-Import Bank of India w.e.f June 27,2005 holds NIL shares of the company as on the date of his appointment.

Alok Industries Limited has informed the Exchange about the following two developments: (1) As part of a strategic business alliance, the Company has taken a 5% stake in Shirt Company (India) Private Limited, a company engaged in the business of readymade garments for the Indian and overseas markets for over 20 years and (2) M/s. Niraj Realtors & Shares Private Limited (NR&SPL), one of the promoter companies has informed the Company that they will be, subject to all applicable approvals, purchasing the 59,66,400 Share Warrants convertible into equity shares issued and allotted on March 31, 200

Alok Industries Limited has informed the Exchange regarding change in the shareholding of the three directors mentioned below. The change in the % of equity shareholding of the three directors has occurred due to the increase in the paid-up equity share capital of the Company as a result of conversion of unsecured Foreign Currency Convertible Bonds (FCCBs) issued by the Company in May and June, 2005. The paid up equity share capital on November 30, 2004 was 11,95,46,242 equity shares and as on July 06, 2005, the same is 14,76,68,330 equity shares. The changed shareholding of the three director

Caledonia Investments Plc has informed the Exchange that they have acquired 1,10,46,610 shares aggregating to 7.48% of the total paid up capital of Alok Industries Limited on July 02, 2005. The mode of acquisition is International Offering of Foreign Currency Convertible Bonds (FCCBs)- Conversion of FCCBs into equity shares and the shareholding of Caledonia Investments Plc after the said acquisition is 1,59,45,092 shares aggregating to 10.80% of the total paid up capital of Alok Industries Limited.

Alok Industries Limited has informed the Exchange that Caledonia Investments Plc. has acquired 1,10,46,610 equity shares aggregating to 7.48% of the total paid up capital of Alok Industries Limited. The date of allotment is July 01, 2005 and the date of receipt of intimation of allotment by Acquirer is July 02, 2005. The mode of acquisition is International Offering of Foreign Currency Convertible Bonds (FCCBs) - conversion of FCCBs into Equity Shares and the shareholding of Caledonia Investments Plc. after the said acquisition is 1,59,45,092 equity shares aggregating to 10.80% of the total pa

Alok Industries Limited has informed the Exchange that Export-Import Bank of India (EXIM Bank) has vide its letter bearing reference No. EDS : 147 dated June 22, 2005, appointed Mr. S. Sridhar its Executive Director as a Nominee on the Company's Board.

Alok Industries Limited had informed the Exchange that the company has raised USD 60.00 million through the issue of 1% Unsecured Foreign Currency Convertible Bonds (FCCBs) and have accordingly issued and allotted 1200 - 1% unsecured FCCBs of face value of USD 50000 each. The Company had also informed that there is a greenshoe option of USD 10.00 million in the subject Offering exercisable within a period of one month from the listing of the above referred FCCBs on the LuxSE. The company has now informed that the company has exercised the green shoe option and have raised USD 10.00 million th

Alok Industries Limited has informed the Exchange that the company had on March 31, 2004 issued and allotted 29,00,000 Optionally Fully Convertible Debentures (OFCDs) of the face value of Rs. 100.00 each aggregating to Rs. 29.00 crores to Life Insurance Corporation of India (LIC). The LIC had on March 14, 2005 exercised the option to the extent of the initial 50% OFCDs amounting to Rs. 14.50 crore. The Company had accordingly on March 14, 2005 issued and allotted 26,04,634 equity shares to LIC as an outcome of conversion of 50% OFCDs amounting to Rs. 14.50 crores. The Company has further infor

Alok Industries Limited has informed the Exchange that Fitch Ratings India Private Limited have vide letter dated May 31, 2005 affirmed the "F1(ind)" (F one ind) rating for the Company's Rs.400 million commercial paper programme. This rating is valid up to a maximum period of 12 months from the date of their captioned letter.

Alok Industries Limited has informed the Exchange that IDBI Limited have withdrawn the nomination of Shri Ashok Kumar and in his place appointed Shri R. J. Kamath, Former Chairman and Managing Director of Andhra Bank and Canara Bank as its Nominee w.e.f. May 21, 2005. The Company has further informed that the holding of the aforesaid Nominee Director in the Company is NIL, as informed to the Company by the said Nominee Director.

Alok Industries Limited has informed the Exchange the company has raised USD 60.00 million through the issue of 1% Unsecured Foreign Currency Convertible Bonds (FCCBs) and have accordingly issued and allotted 1200 - 1% unsecured FCCBs of face value of USD 50000 each. The FCCBs of USD 60 million is divided into USD 15 million 1% A convertible bonds due 2010 (the "A Bonds") and USD 45 million 1% B convertible bonds due 2010 (the "B Bonds"). The A Bonds are compulsorily convertible into ordinary equity shares of Rs.10 each in the capital of the Company at any time on or after the Issue Date up to

Alok Industries Limited has informed the Exchange that ARISAIG PARTNERS(ASIA)PTE LTD. have sold 17,50,000 equity shares aggregating to 1.31% of the share capital of Alok Industries Limited during the period May 09,2005 to May 13,2005. The share holding of ARISAIG PARTNERS(ASIA)PTE LTD. after the said sale is 37,50,000 equity shares aggregating to 2.80% of the total share capital of the company. The company has informed that there has been an increase in the paid up capital between July 16,2004 and March 14,2005.

Alok Industries Limited has submitted to the Exchange a copy of the minutes of the EGM of the Company held on April 25, 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).

Alok Industries Limited has informed the Exchange that the EGM of the members of the company will be held on April 25, 2005. The details of the notice of the EGM shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Alok Industries Limited has informed the Exchange that at the Board Meeting held on March 28, 2005,amongst other things, the following matters were considered/decided: 1) To increase the remuneration of the whole-time directors of the Company; 2) To amend Article 122 of the Articles of Association of the Company to increase the maximum number of directors from the existing "Twelve" to "Fifteen"; 3) To appoint a relative of a director in office or place of profit; and 4) To convene an EGM of the members of the company on April 25, 2005.

Alok Industries Limited has informed the Exchange that Fitch Ratings India Private Limited have vide letter dated March 24, 2005 affirmed the "F1(ind)" (F one ind) rating for the Company's Rs.400 million commercial paper programme. This rating is valid up to a maximum period of 12 months from the date of their captioned letter.

Alok Industries Limited has informed the Exchange about the fixing of Record date on April 06, 2005 for payment of interest on the following debentures subscribed by the Life Insurance Corporate Bank of India and UTI Bank Limited: 1) 10.00% - 29,00,000 Optionally Fully Convertible Debentures (OFCDs) of the face value of Rs. 100.00 each subscribed by Life Insurance Corporation of India (LIC) aggregating to Rs. 29.00 crores (Out of the above, 14,50,000 OFCDs of the face value of Rs. 100.00 each have been converted into equity shares on March 14, 2005). The interest payments falls due on April 1,

HSBC Asset Management(Hong Kong) Limited has informed the Exchange that there is no change in the equity holding of HSBC Global Investment Funds-A/c HSBC Global Investment Funds Mauritius Limited of their shares held in Alok Industries Limited however, the % gets changed due to increase in the paid-up capital between October 29, 2004 and January 31, 2005. The revised shareholding of HSBC Global Investment Funds-A/c HSBC Global Investment Funds Mauritius Limited is 84,00,000 equity shares aggregating to 6.39% of the share capital of Alok Industries Limited.

Alok Industries Limited has informed the Exchange that Life Insurance Corporation of India (LIC) has vide its letter dated March 9,2005 decided to exercise the conversion option in respect of Optionally Fully Convertible Debentures (OFCDs) to the extent of 50% of the total exposure i.e. Rs.14.50 crore. LIC has also informed that the option of conversion will be exercised on March 24,2005. It may be noted the conversion price as per SEBI Guidelines works out to Rs.55.67 per share. The 29,00,000 OFCDs aggregating to Rs.29.00 crores were issued and allotted to LIC on March 31,2004. The Company h

Alok Industries Limited has informed the Exchange regarding the details of shares held by HSBC Global Investment Funds-A/c HSBC Global Investment Funds Mauritius Limited, in Alok Industries Limited. The Company has informed that there is no change in the equity holding of the said FIIs, however, the % gets changed due to increase in the paid-up capital between October 29, 2004 and January 31, 2005. The paid up capital as on October 29, 2004 and January 31, 2005 was 11,34,24,827 equity shares and 13,14,12,452 equity shares respectively. The revised shareholding of HSBC Global Investment Funds-A

Alok Industries Limited has informed the Exchange that Industrial Development Bank of India Limited (IDBI Limited), have sold 17,84,257 equity shares of Alok Industries Limited during the period October 29, 2004 to January 31, 2005. The mode of sale is through open market and the shareholding of IDBI Limited after the said sale is 16,65,404 equity shares of the company. Alok Industries Limited has further informed that the paid up capital as on October 29, 2004 and January 31, 2005 was 11,34,24,827 equity shares and 13,14,12,452 equity shares respectively. By virtue of the enhanced equity hold

Alok Industries Limited has informed the Exchange that in the board meeting held on January 31, 2005 amongst other things the following was discussed,considered and approved: Further expansion of capacities for apparel fabrics (1 lakh meters/day) along with the terry towel project with matching spinning capacities (20 tonnes/day) approved earlier at a cost of Rs.447.00 crores. The means of finance was decided as a mix of internal accruals and domestic/overseas funding.

Alok Industries Limited has informed the Exchange that Fitch Ratings India Private Limited have vide their letter dated January 10, 2005 affirmed the "F1(ind)" [F one ind] rating for the Company's Rs.400 million commercial paper programme. This rating is valid up to a maximum period of 12 months from the date of their captioned letter.

Alok Industries Limited has informed the Exchange that the payment of interest on the (1) unsecured 2.50% - 1155 Foreign Currency Convertible Bonds (FCCBs) of the face value of USD 25000 each aggregating to USD 28.875 million issued and allotted on July 07, 2004 and (2) unsecured 2.50% - 245 FCCBs of the face value USD 25000 each aggregating to USD 6.125 million issued and allotted on November 10, 2004 falls due on December 31, 2004. The Company has further informed that the Record Date for the said purpose is fixed on December 16, 2004. The payment of the interest on the FCCBs is scheduled to

Alok Industries Limited has informed the Exchange that the Executive Committee of the Directors of the Company had at their meeting held on December 10, 2004 issued and allotted 68000000 Optionally Convertible Preference Shares of the face value of Rs.10/- each aggregating to Rs.68.00 Crores on a preferential basis to TAD (Mauritius) Ltd. Further, the Executive Committee of the Directors at their meeting held on December 13, 2004 had issued and allotted 5737700 of the face value of Rs.10/- each for cash at a premium of Rs.51/- per share on a preferential basis to the following three companies

Alok Industries Limited has informed the Exchange that at the Board meeting held on December 09, 2004, the following items were discussed and approved: (1) Redemption of 6,80,00,000 Cumulative Non-convertible Redeemable Preference Shares of Rs.10/- each issued to TAD (Mauritius) Ltd; (2) Issue and allotment of 55,73,700 equity shares of Rs.10/- each at a premium of Rs.51/- per share on a preferential basis to the following three companies belonging to the promoter group of the Company : (a) Pramita Creation Private Limited - 546400 equity shares; (b) Alok Knit Exports Limited - 1748700 equity

Alok Industries Limited has informed the Exchange that the Corporate Office of the Company stands shifted to Peninsula Tower,Peninsula Corporate Park,Ganpatrao Kadam Marg,Off Senapati Bapat Marg,Lower Parel,Mumbai-400013.

Alok Industries Limited has informed the Exchange regarding change in the shareholding of the three directors mentioned below. The change in the % of shareholding of the three directors has occurred due to the increase in the paid-up equity share capital of the Company as a result of conversion of unsecured Foreign Currency Convertible Bonds(FCCBs) issued by the Company in July 2004 and November 2004.The equity share capital in July 2004 was 88230718 equity shares and is currently 119546242 equity shares. The changed shareholding of the three directors is as follows: 1)Mr. Ashok B. Jiwrajka-68

Alok Industries Limited has informed the Exchange that at the EGM of the Company held on November 29, 2004 and amongst other things, the resolutions under section 81,81(1A) regarding issue and allotment of Equity Shares to the entities belonging to the promoters group and IL&FS Group/Optionally Convertible Preference Shares to the Foreign Investor in the Company, on private placement basis, were passed unanimously. The copy of the resolutions passed at the EGM shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/C

Alok Industries Limited had informed the Exchange about the issue and allotment of (i) 55,73,700 Equity Shares to the entities belonging to the promoter group at a price of Rs.61.00 per share, (ii) 57,37,700 Equity Shares to IL&FS Investment Managers Limited (IIML) at a price of Rs.61.00 per share and iii) 6,80,00,000 Optionally Convertible Preference Shares of the face value of Rs.10.00 each aggregating to Rs.68.00 crores to TAD (Mauritius) Ltd. The Company had also informed that an EGM of the members of the Company was convened on November 19, 2004 for the above allotments. Subsequent to the

(b) 57,37,700 Equity Shares at the rate of Rs.61.00 per share (face value per share Rs.10/- and premium Rs.51/-) aggregating Rs.34,99,99,700.00 to (i) IL&FS Private Equity Trust, A/c Leverage India Fund (4098360 Equity Shares); (ii) Sara Fund Trustee Company Limited, A/c SARA Fund (1557375 Equity Shares); and (iii) Trustees, IVC Employees Welfare Trust (81965 Equity Shares); (c) 6,80,00,000 Optionally Convertible Preference Shares (OCPS) of Rs.10.00 each aggregating Rs.68.00 crores convertible into Equity Shares of the Company to TAD (Mauritius) Ltd.