BILT

Ballarpur Industries Ltd has informed the Exchange regarding the Decisions taken at the Board Meeting held on July 24, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Ballarpur_BM_24072007.zip target=NEW> For more details click here.</a>

Ballarpur Industries Ltd has informed the Exchange the Board of Directors in its meeting held on April 25, 2006 noted / decided the following :- 1) Decision of Mr. L M Thapar to step down as Chairman of the Company, w.e.f. July 01, 2006 and; 2) Appointment of Mr. Gautam Thapar, presently the Vice Chairman & Managing Director of the Company, as Chairman w.e.f. July 01, 2006.

Ballarpur Industries Ltd has informed the Exchange that the Board of Directors in its meeting held on January 24, 2006 has approved / decided the following :- (1) Making of APR Packaging Limited a 100% subsidiary of the Company and its subsequent merger with BILT, subject to regulatory approvals; (2) Scheme of Arrangement u/s 391-394 of the Companies Act, 1956 whereby the assets pertaining to the power division and real estate undertaking of the Company will be hived off / sold to 2 separate Companies; (3) Dis-investment of the entire shareholding of the Company in The Paperbase Company Limite

Ballarpur Industries Ltd has informed the Exchange that the BODs in its Meeting held on October 28, 2005 has approved / decided the following :- 1) Withdrawal of nomination of Mr. R K Ahooja by UTI from the BODs of the Company. 2) Appointment of Mr. R K Ahooja as an Additional Director of the Company. 3) Appointment of M/s Pricewaterhouse Coopers to carry out a valuation of M/s APR Packaging Limited with the intent of making it a 100% subsidiary of the Company. 4) Appointment of a valuer to value the Assets pertaining to the Power Division with the intent of hiving them off into a separate Com

Ballarpur Industries Ltd has informed the Exchange that the BODs in its meeting held on April 26, 2005 has noted/approved/decided the following: 1) Resignation of Dr. Cherif Sedky from the Directorship of the Company. 2) In principle approval for pre-payment of existing FCCBs amounting to USD 45 million, in part or full, subject to regulatory and other approvals. To finance the pre-payment as above, the Board also approved in principle, a fresh issue of FCCBs aggregating upto USD 60-100 million. The issue will be subject to pre-payment of the existing FCCBs and will not result in any increment