BALLARPUR

Ballarpur Industries Limited has informed the Exchange that pursuant to Securities and Exchange Board of India ( Prohibition of Insider Trading ) Regulation, 1992 (as amended from time to time ) and in terms of Company's Code on Insider Trading ('the Code'), the Trading Window will remain closed from August 20, 2014 till August 29, 2014 ( both days inclusive ) on account of aforesaid Board meeting, for employees/directors and other persons covered under the provision of the Code.

Ballarpur Industries Limited had informed the Exchange that in reference to the earlier letter dated June 27, 2014 wherein, amongst others, the company had informed the Exchange that Ballarpur International Graphic Paper Holdings ( BIGPH ), a step down subsidiary of the Company, is exploring the possibility of listing of its equity shares of BIGPH at an overseas stock exchange. Further, in connection with the above, BIGPH has made first submission of draft offer document for possible offer & listing of its equity shares on the main market of the Singapore Stock Exchange (SGX-ST) and Monetary A

Ballarpur Industries Limited has informed the Exchange that the Board of Directors of the Company had reappointed Mr R R Vederah as Managing Director & Executive Vice Chairman of the Company with effect from 1st July, 2012 for a period of 2 (two) years. Consequently, Mr Vederah demits the Office of Managing Director & Executive Vice Chairman and shall continue as Non Executive Vice Chairman of the Company

Ballarpur Industries Limited has informed the Exchange that Ballarpur International Graphic Paper Holdings ("BIGPH"), a step down subsidiary of the Company, is evaluating and exploring options with International Finance Corporation ("IFC") for receiving a potential investment from IFC, in a combination of debt and/or equity in BIGPH and/or its step down subsidiaries. Any proposed investment would be subject to IFC's management and board approval, satisfactory documentation and satisfaction of all necessary conditions. The Company is also exploring the possibility of listing of equity shares of

Ballarpur Industries Limited has informed the Exchange that the step down subsidiary of the Company, Ballarpur International Graphic Paper Holdings B.V (BIGPH) has on November 12, 2013 constituted a Committee of Directors to explore and evaluate various fund raising options inter alia infusion of fresh equity capital through private equity / international listing of BIGPH and / or its subsidiaries subject to applicable laws and submit its recommendations to the Management Board of BIGPH and the Company i.e. Ballarpur Industries Limited.

Ballarpur Industries Limited has informed the Exchange that the Company, through its wholly owned subsidiary, M/s. Ballarpur International Holdings B.V. (BIH) holds 72.30% stake in M/s. Ballarpur International Graphic Paper Holdings B.V. (BIGPH) and the balance 27.70% stake is held by Avantha International Asset B.V. and two private equity investors viz. JPMorgan Mauritius Holdings VII Limited and Lathe Investments PTE Limited (a wholly owned subsidiary of GIC of Singapore).

Ballarpur Industries Limited has informed the Exchange that the Company, through its wholly owned subsidiary, M/s Ballarpur International Holdings B.V. (BIH) holds 79.53% equity stake in M/s Ballarpur International Graphic Paper Holdings B.V. (BIGPH) and the balance 20.47% stake are held by two private equity investors viz. JPMorgan Mauritius Holdings VII Limited and Lathe Investments PTE Limited (a wholly owned subsidiary of GIC of Singapore). Further the Company wish to inform that based on pre-money valuation of US$ 1 Billion of BIGPH, Avantha International Asset B.V. has acquired an equity

Ballarpur Industries Limited has informed the Exchange that Mr. R R Vederah, Managing Director of the Company has been re-designated by the Board of Directors of the Company as Managing Director & Executive Vice Chairman with effect from July 01, 2011.

Ballarpur Industries Limited has informed the Exchange vide its letter dated April 01, 2011 regarding "Proposed Initial Public Offer of Bilt Paper Plc".

Ballarpur Industries Limited has informed the Exchange vide its letter dated March 22, 2011 that "Today, the Newco, Bilt Paper Plc together with its subsidiaries announces its intention to apply for admission to the premium listing segment of the Official List of the UK Listing Authority and trading on the main market of the London Stock Exchange and to undertake an offering of shares."

Ballarpur Industries Limited has informed the Exchange vide its letter dated October 29, 2010 regarding "Proposed IPO of Company's Subsidiary".

Ballarpur Industries Limited has informed the Exchange that the Company has on August 19, 2010 entered into a Share Purchase Agreement with Premier Tissues India Limited ("PTIL") and all its shareholders, for acquisition of entire paid up capital of PTIL, a Company engaged in business of manufacturing and trading of tissue paper and related products under the Brand name "Premier" and "Royal", either directly and / or indirectly, for an aggregate consideration of upto Rs.76.52 Crore. The aforesaid acquisition is subject to satisfaction of all Condition Precedents by PTIL and its Promoters.

Ballarpur Industries Limited had informed the Exchange about buyback of Zero Coupon Convertible Bonds (ZCCBs) of US Dollar 8.00 Million out of total ZCCBs of US Dollar 60.00 Million. In the regard, the Company has now informed the Exchange that the balance ZCCBs of US Dollar 52.00 Million have matured and redeemed by the Company.

Ballarpur Industries Limited has informed the Exchange that "Mr Shardul S Shroff was appointed as an Independent director on the Board of the Company on 19th July, 2001. However, vide his letter dated 20th April, 2010, he has requested to relieve him as an Independent Director in view of the Voluntary Guidelines issued by Ministry of Corporate Affairs, which provide that an individual should not remain as an Independent Director in a Company for more than six years. His request has since been accepted by the Company".

Ballarpur Industries Limited had informed the Exchange the Board of Directors of the Company at its meeting held on April 24, 2009 has considered and approved in-principle, buyback of Zero Coupon Convertible Bonds (ZCCBs) of US Dollar 60 Million, subject to compliance of applicable laws. In this regard, the Company has now informed the Exchange that the Company has bought back ZCCBs of US Dollar 8.00 Million.

Ballarpur Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on April 24, 2009 has considered and approved in-principle, buyback of Zero Coupon Convertible Bonds (ZCCBs) of US Dollar 60 Million, subject to compliance of applicable laws.

Ballarpur Industries Limited has informed the Exchange regarding completion of optional buy back of 15,98,451 equity shares, pursuant to the Scheme, and resultant increase in the shareholding of all shareholders by 0.2877% over their present shareholding. Consequent to the above, the revised Paid-up capital of the Company is Rs.111,10,47,678/- comprising 55,55,23,839 Equity shares of Rs.2/- each.