BGFL

Members of the Exchange are hereby informed that the trading in equity shares of Birla Global Finance Ltd. shall be suspended w.e.f. July 10, 2006 (i.e. closing hours of trading on July 07, 2006) on account of Scheme of Amalgamation between Birla Global Finance Limited (BGFL) and Aditya Birla Nuvo Limited (ABNL).

Aditya Birla Nuvo Limited has informed the Exchange regarding a press release, dated June 30, 2006, titled "Merger of Birla Global Finance Limited with Aditya Birla Nuvo Limited becomes effective". 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/Corporate Announcements).

Aditya Birla Nuvo Limited has informed the Exchange that the Committee of the Board of Directors of the Company in its meeting held on June 30, 2006 has approved the date of effectiveness of the Scheme of Amalgamation i.e. June 30, 2006 between Birla Global Finance Limited (BGFL) and Aditya Birla Nuvo Limited and has also fixed the Record Date i.e. July 17, 2006 for ascertaining the shareholders of BGFL who will be entitled for the equity shares of the Aditya Birla Nuvo Limited in the ratio of 1(one) equity share of the Company of Rs.10/- credited as fully paid up for every 3(three) equity sha

Birla Global Finance Ltd had informed the Exchange regarding the approval of the Board of Directors of the Company to amalgamate the entire business and undertaking of the Company with Aditya Birla Nuvo Limited (formerly Indian Rayon And Industries Limited) in terms of a Scheme of Amalgamation under section 391-394 of the Companies Act, 1956 (the "Scheme"). In this connection the company had also informed regarding sanction of the aforesaid Scheme by the Hon'ble High Court of Judicature at Bombay. The company has now informed the Exchange that the Board of Directors of the Company in their mee

Birla Global Finance Ltd has informed the Exchange that the Scheme of Amalgamation between Birla Global Finance Limited (BGFL) and Aditya Birla Nuvo Limited (ABNL) (formerly Indian Rayon and Industries Ltd.) and their respective shareholders and creditors, has been sanctioned by the Hon'ble High Court of Gujarat at Ahmedabad vide its order dated June 17,2006. Further, the Scheme has already been sanctioned by Hon'ble Bombay High Court vide its Order dated January 27,2006.

Birla Global Finance Ltd has informed the Exchange that the auditor's have conducted the limited review for the Unaudited Financial Results for the quarter and year ended March 31, 2006 and 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 the auditor's have conducted the limited review for the un-audited financial results for the quarter ended December 31, 2005 and the details of the same are 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 the Scheme of Amalgamation between Birla Global Finance Limited and Aditya Birla Nuvo Limited (formerly Indian Rayon & Industries Limited) and their respective Shareholders and creditors has been sanctioned by the Hon'ble Bombay High Court vide its order dated January 27, 2006. The Transferee Company viz. Aditya Birla Nuvo Limited has also filed the Scheme of Amalgamation between the Company and Aditya Birla Nuvo Limited before the High Court, Gujrat at Ahmedabad which is pending for sanction.

Birla Global Finance Ltd has submitted to the Exchange a copy of the minutes of the proceedings of the Court Convened Meeting of the Shareholders of the Company held on November 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).

Birla Global Finance Ltd has informed the Exchange that Mr.Parind Badshah, Company Secretary of the Company has resigned from the services of the Company w.e.f. November 30, 2005 and following officials of the Company shall, henceforth, be the Compliance officer: (1) Mr.K.G.Ajmera, Vice President. (2) Mr. Arun Bhat, Manager- Secretarial.

Birla Global Finance Ltd has informed the Exchange that at the Court Convened Meeting of the Equity Shareholders of the Company held on November 24, 2005, the shareholders have approved the Scheme of Amalgamation between Birla Global Finance Limited and Aditya Birla Nuvo Limited (formerly Indian Rayon and Industries Limited) with requisite statutory majority.

Birla Global Finance Ltd has informed the Exchange that by an Order made on October 21, 2005, the High Court of Judicature at Bombay, has directed that a meeting of the Equity Shareholders of Birla Global Finance Ltd( Applicant Company), be convened, on November 24, 2005 for the purpose of considering and, if thought fit, approving with or without modification(s), the Scheme of Amalgamation between Birla Global Finance Limited, the Applicant Company and Indian Rayon and Industries Limited, the Amalgamated Company, and their respective shareholders and creditors (the "Scheme").A copy of the no

Birla Global Finance Ltd has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended September 30, 2005 and the details of the same are 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 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 Mr. Shailesh Haribhakti, Director of the Company has resigned from the Board of Directors and membership of the Audit Committee of the Company vide his letter dated September 26, 2005, with immediate effect.

Birla Global Finance Ltd has informed the Exchange that that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended June 30, 2005 and the details of the same are 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 the meeting of the Board of Directors of Birla Global Finance Limited ("the Company") was held on September 11, 2005, at which the proposal to amalgamate the entire business and undertaking of the Company into Indian Rayon And Industries Limited ("IRIL") in terms of a scheme of amalgamation under section 391 - 394 of the Companies Act 1956 was considered and approved. The proposed scheme of amalgamation provides that upon its sanction, the merger will take effect from the appointed date i.e. September 1, 2005 ("the Appointed Date"). All a

Birla Global Finance Ltd has informed the Exchange that the AGM of the Company will be held on September 30, 2005 and the Annual Book Closure of the Company will be from September 19, 2005 to September 30, 2005 for the purpose of payment of dividend on Equity Shares at @12.50% (i.e. Rs.1.25/-) per share as recommended by the BODs at the meeting held on June 28, 2005.

Birla Global Finance Ltd has informed the Exchange that the Bombay High Court has approved the Scheme of Arrangement of the Company with Birla Global Asset Finance Company Limited.

Birla Global Finance Ltd has informed the Exchange that the Board of Directors of the Company at their meeting held on June 28, 2005 have recommended 12.5% dividend on Equity Shares of the Company for the year 2004-2005.

Birla Global Finance Ltd has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended December 31, 2004 and the details of the same are 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 due to internal changes, following official of the Comapny shall, henceforth, be the complaince officer: 1) Mr. Parind Badshah, Company Secretary; 2) Mr. Arun Bhat, Manager.

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 BODs at their meeting held on December 28,2004 has approved the merger of three(3) divisions (Hire Purchase/Lease Business, Capital Market Business and Corporate Finance Business) of Birla Global Asset Finance Company Limited, Subsidiary of the Company into itself, as per the Scheme of Arrangement.

Birla Global Finance Ltd has informed the Exchange that the members at the EGM held on December 24,2004 have appointed M/s. Suresh Surana & Associates-Chartered Accountants as Statutory Auditors of the Company to hold office until the conclusion of the next AGM.

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.

Birla Global Finance Ltd has informed the Exchange that M/s Lodha & Co., Chartered Accountant Mumbai have resigned as Statutory Auditors of the Company and M/s Suresh Surana & Associates - Chartered Accountant, Mumbai have been appointed as Statutory Auditors of the Company subject to approval of the Members at the EGM of the Company to be convened shortly.