BGFL

Birla Global Finance Ltd has submitted to the Exchange a copy of the minutes of the proceedings of the AGM of the Company held on 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).

Birla Global Finance Ltd has informed the Exchange that at the AGM of the Company held on September 30, 2005, following items has been approved: (1) Payment of Equity Dividend (2) Payment of Preference Dividend (3) Re-appointment of Mr.E.B. Desai (4) Re-appointment of Mr.G.M.Dave (5) Re-appointment of Auditors (6) Payment of Sitting Fees. The appointment of Mr. Shailesh Haribhakti was not considered as he had tendered his resignation.

Birla Global Finance Ltd has informed the Exchange that at the EGM of the company held on December 24,2004, M/s.Suresh Surana & Associates-Charterd Accountants, Mumbai were appointed as Statutory Auditors of the company to fill in the vacancy caused by the resignation of M/s.Lodha & Co.-Chartered Accountants,Mumbai to hold office until the conclusion of the next AGM of the company.

Birla Global Finance Ltd has informed the Exchange that the EGM of the shareholders of the company will be held on December 24,2004 to appoint M/s.Suresh Surana & Associates-Charterd Accountants,Mumbai as Statutory Auditors of the company to fill in the vacancy caused by the resignation of M/s.Lodha & Co.-Chartered Accountants,Mumbai to hold office until the conclusion of the next AGM of the company on such remuneration plus service tax as applicable and as may be agreed to between the Board of the Company and the said M/s.Suresh Surana & Asoociates-Chartered Accountants,Mumbai.