CLUTCHAUTO

Clutch Auto Limited has informed the Exchange that Due to severe Resource Crunch as the Company has become Sick and approached BIFR, Delhi for its revival, Annual accounts could not be finalized and it was consented to call a meeting to approve Annual Accounts soon.M/s Ashwin Gupta & Co. has been appointed as Cost Auditor of the Company to conduct Cost Audit.

Clutch Auto Limited has informed the Exchange that the Board of Directors of the companys at its meeting held on February 14, 2014 appointed Mr Vinod Goel has been appointed as a Nominee Director on behalf of Export Import Bank of India.

Clutch Auto Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on August 14, 2013, has appointed Mr. Suraj Mohan Khorana as additional director of the Company.

Clutch Auto Limited has informed the Exchange regarding the Adjournment of Board Meeting.

The Company had informed the Exchange that the meeting of Board of Directors of the Company scheduled to be held on February 11, 2013 to consider the unaudited Quarterly Financial Result of the Company for the Quarter ended December 31, 2012. The Company has now informed the Exchange that due to major breakdown in the server, the Company is unable to prepare Quarterly Results for the Quarter ending December, 2012 to be presented in aforesaid Board meeting. Retrieval of Financial Data may take some time, may be another 25-30 days, hence the Company will publish/disseminate Quarterly results on

Clutch Auto Limited has informed the Exchange regarding the Outcome of the meeting of the Board of Directors of the Company held on December 17, 2012 : (1) Board has approved proposal for allotment of 1,00,00,000 equity warrants convertible into equity shares in next 18 months to promoters and non-promoters; (2) Board has authorized Mr. V K Mehta, Chairman & Managing Director to take necessary steps in this regard; (3) Further up-dation will be submitted for information.

Clutch Auto Limited has informed the Exchange that the Board of Directors of the Company held on November 10, 2012 in its meeting considered the following matters and took note of the same: (a) Appointment of Mr. Anuj Mehta as Chief Coordinator of the Company. Mr.Mehta to take total responsibilities for day to day affairs of the Company. Mr. Mehta was previously executive Director of the Company. (b) Appointment of Mr. G C Narang & Mr. Dhirendra Chaturvedi as additional Director of the Company.

Clutch Auto Limited had informed the Exchange that the Board of Directors at its meeting held on August 13, 2012, to consider Annual Audited Financial Results for the year ended March 31, 2012. The Company has now informed the Exchange that the Board Meeting was adjourned till August 22, 2012 to consider Audited Results for the Financial Year 2011-12 of the Company.

Clutch Auto Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on June 15, 2012 the Board discussed the situation in wake of and noted with satisfaction that company has been able to stabilize normal production.

Clutch Auto Limited has submitted to the Exchange the outcome of the board meeting held on May 28, 2011 wherein the Scheme of Arrangement between the Clutch Auto Limited, Clutch Developers Limited and C A Clutch Vision Limited has been approved and adopted.

Clutch Auto Limited has informed the Exchange that the Board of Directors of the Company in the meeting held on May 14, 2011, has approved following : (1) Accepted the resignation of Sh. Satish Sekhri, Director from the Board of the Company; (2) Appointed Sh. Manish Rai, Company Secretary, (who joined the Company w.e.f. May 09, 2011 in place of Sh. Sarabjit Singh, CFO & Company Secretary who had resigned w.e.f. February 26, 2011) as Compliance Officer of the Company.

Clutch Auto Limited has informed the Exchange that the Board of Directors of the Company in the meeting held on March 31, 2011 has approved the allotment of 12,49,700 Equity Shares to Mrs. Veena Mehta, Promoter (with a lock-in period of 3 years upto March 30, 2014) on conversion of Share Warrants allotted to her on Preferential Basis.

Clutch Auto Limited has informed the Exchange that the Board of Directors of the Company in the meeting held on March 30, 2010 has approved the allotment of 3,68,000 Equity Shares to Mrs. Veena Mehta, Promoter (with a lock-in period of 3 years upto 29.03.2013) on conversion of Share Warrants allotted to her on Preferential basis.

Clutch Auto Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on February 25, 2010 have allotted 24,45,000 Warrants (Face value Rs.10/-) at an issue price of Rs. 50/- each (including premium of Rs.40/-each), on preferential allotment basis to Mrs. Veena Mehta, belonging to the Promoters group. The said warrants shall be convertible into equivalent number of equity shares, in one or more trenches.

Clutch Auto Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on January 04, 2010 have approved, in principle, proposal to acquiring 50,000 Sq.mtrs. Land (Industrial plot at Kahrani (Bhiwadi Extn.) Distt. Alwar, Rajasthan at a total cost of Rs.1500 Lacs. Management has taken this decision with a broader objective to shift the factory from its present site at Faridabad to Kahrani (Bhiwadi Extn.), Rajasthan at a much bigger space (almost double size) at low cost for its expansion. The site at Kahrani is close to the Industrial Corridor - Manesar I

Clutch Auto Limited has informed the Exchange that: "Board of directors, in its meeting held today i.e. 31.3.2007, have approved the allotment of fully paid up shares of Rs.10/- each @ premium of Rs.108/- per share on conversion of warrants allotted on preferential basis to the following person/corporate body as detailed below: (1) Shri Anuj Dayal (Relative of Promoters) - 7,70,000 Shares; (2) M/s. Falcon Jersey Pvt. Ltd. - 7,50,000 Shares. The closing market price of the share as on 30.3.07 is Rs.107.95 against which the shares are allotted @ Rs.118/- per share".

Clutch Auto Limited has informed the Exchange that "Board of Directors of the Company at the meeting held on 30.01.2007 have approved, in principle, to acquire the Assets namely, Land & Building, Plant & Machinery and other assets of M/s Gurukripa Founders & Engineers (GKF), Ahmedabad (a promoter's concern). GKF is engaged in the production of high quality CI Casting required for Auto Component Industry. This firm is having current Installed Capacity of 750 MT per month. Acquisition of Assets of GKF will be a step in Verticle Intergration for Clutch Auto Ltd. (CAL) which will provide direct co