CIPL

Members of the Exchange are hereby informed that the trading in equity shares of Central India Polysters Limited shall be suspended w.e.f. October 05, 2006 (i.e. closing hours of trading on October 04, 2006) on account of Scheme of Amalgamation with Indian Petrochemicals Corporation Limited.

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

Indian Petrochemicals Corporation Limited has informed the Exchange that Hon'ble High Court of Gujarat at Ahmedabad has approved the Scheme of Amalgamation of the six Polyester Companies viz Appollo Fibres Limited (AFL), Central India Polyesters Limited (CIPL), India Polyfibres Limited (IPL), Orissa Polyfibres Limited (OPL), Recron Synthetics Limited (RSL) and Silvassa Industries Private Limited (SIPL) (collectively the "Transferor Companies") with the Company (IPCL) vide its Order dated August 18, 2006, which was received by the Company on September 26, 2006. The certified copy of the Order o

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 submitted to the Exchange a newspaper cutting of the Notices calling separate meetings of the Equity Shareholders, the Secured Creditors and the Unsecured Creditors of the Company published in various newspapers. A copy of the notices shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Central India Polysters Limited has informed the Exchange that the Hon'ble High Court of Judicature of Gujarat at Ahmedabad by an Order made on June 13,2006 has directed that separate meetings of the Equity Shareholders, the Class of Secured Creditors (including Debentureholders) and the Unsecured Creditors of the Company be convened and held on July 13,2006 for the purpose of considering the Scheme of Amalgamation of Apollo Fibres Limited, Central India Polysters Limited, India Polyfibres Limited, Orissa Polyfibres Ltd, Recron Synthetics Limited and Silvassa Industries Private Limited (collec

Central India Polysters Limited has informed the Exchange that the shareholders of the Company have passed a special resolution through Postal Ballot on April 10, 2006 for altering the clause II of the Memorandum of Association of the Company. The above alteration shall take effect only after it is confirmed by the Company Law Board on petition as per the provisions of the Act. The copy of the resolution shall be available on the NSE website (http://www.nseindia.com) under:Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

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

Central India Polysters Limited has informed the Exchange that pursuant to the provisions of Section 192-A of the Companies Act, 1956 read with the Companies (Passing Resolution by Postal Ballot) Rules, 2001 the Company is seeking approval of the members for the following resolution: Special Resolution pursuant to Sections 17, and 146 read with section 192A of the Companies Act, 1956 for altering clause II of the Memorandum of Association of the Company and for Shifting the Registered Office of the Company from the State of Maharashtra to the State of Gujarat. The Company has appointed Shri A

Central India Polysters Limited has submitted to the Exchange a copy of the proceedings of the AGM of the Company held on September 15, 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).

Central India Polysters Limited has informed the Exchange that the AGM of the Company will be held on September 15, 2005 . The Company has further informed the Exchange that the Register of Members and Transfer Books of the Company will remain closed from September 12, 2005 to September 15, 2005 (both days inclusive) for the purpose of AGM of the Company.