CIPL

Central India Polysters Limited has informed the Exchange that the Hon'ble High Court of Judicature of Gujarat at Ahmedabad has approved the Scheme of Amalgamation of Appollo Fibres Limited, Central India Polyesters Limited, India Polyfibres Limited, Orissa Polyfibres Limited, Recron Synthetics Limited and Silvassa Industries Private Limited (collectively referred to as "Transferor Companies") with Indian Petrochemicals Corporation Limited ("Transferee Company") vide its Order dated August 18, 2006, which was received by the Company on September 26, 2006. The certified copy of the aforesaid Or

Central India Polysters Limited has informed the Exchange regarding the Notice of Hearing of the Petition under Sections 391 to 394 of the Companies Act, 1956 for sanctioning the arrangement embodied in the Scheme of Amalgamation of Appollo Fibres Limited, Central India Polyesters Limited, India Polyfibres Limited, Orissa Polyfibres Limited, Recron Synthetics Limited and Silvassa Industries Private Limited (collectively the �Transferor Companies�) with Indian Petrochemicals Corporation Limited (the �Transferee Company�). The details of the same shall be available on the NSE website (http://www

Central India Polysters Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on April 25, 2006 have approved a Scheme of Amalgamation of the Company with Indian Petrochemicals Corporation Limited (IPCL) subject to the provisions of Sections 391 to 394 of the Companies Act, 1956. In terms of the said Scheme, five other Companies ("other Transferor Companies") are also proposed to be amalgamated with IPCL. The amalgamation shall be subject to necessary approvals including of the shareholders and creditors of the Company as also of the other Transferor