CAROLINFO

Carol Info Services Limited has informed the Exchange that the Board of Directors at its meeting held on August 22, 2011 have approved the notice of postal ballot along with postal ballot form and calendar of events for obtaining consent of the members of the Company for sale / transfer / disposal of Nutrition Manufacturing Business of the Company along with its manufacturing plant located at Lalru in India to G&K Baby Care Private Limited, an affiliate of the Danone Group.

Carol Info Services Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on January 06, 2011 have approved Postal Ballot Notice along with Postal Ballot Form and calendar of events for obtaining consent of the members of the Company for voluntary Delisting of the Equity Shares of the Company from Bombay Stock Exchange Limited (BSE) and National Stock Exchange of India Limited (NSE) pursuant to the Securities and Exchange Board of India (Delisting of Equity Shares) Regulation, 2009.

Carol Info Services Limited has informed the Exchange that the Board of Directors at its meeting held on December 24, 2010, has decided the following: (1) To take on record the aforementioned letter received from KHIPL with respect to the Delisting Proposal of the Promoter; (2) To consent to the Delisting Proposal; (3) To seek the consent of the public shareholders of the Company for the Delisting Proposal by way of postal ballot in accordance with the provisions of Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001; (4) To