BALASTEELS

Jai Balaji Sponge Limited has informed the Exchange that: "The Board of Directors of the Company at their meeting held on 31st July, 2007 has fixed Friday, 24th August, 2007 as the record date pursuant to the Scheme of Amalgamation between Shri Ramrupai Balaji Steels Limited (Transferor Company) and Jai Balaji Industries Limited (Transferee Company) as approved by the Hon'ble High Court at Calcutta and filed with Registrar of Companies, West Bengal, on 23rd July, 2007, for the purpose of determining the eligibility of members of Shri Ramrupai Balaji Steels Limited for allotment of equity share

Shri Ramrupai Balaji Steels Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on August 11,2006 has decided to convene the AGM of the Company on September 23,2006. Further, the Board of Directors at its aforesaid meeting has also decided to close the Register of Members and Share Transfer Books from September 21,2006 to September 23,2006 (both days inclusive) for the purpose of the aforesaid AGM.