ERAINFRA

Era Constructions (India) Limited has informed the Exchange that Era Constructions (India) Limited has invested in the sahres of M/s Voice Builders Private Limited. Therefore by virtue of investment, M/s Voice Builders Private Limited has become a wholly owned subsidary of Era Constructions (India) Limited w.e.f. October 13, 2006.

Era Constructions (India) Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on October 13, 2006, has taken the following decisions :- 1) Appointment of Mr. S.K. Rustagi as Whole time Director of the Company w.e.f. October 13, 2006. 2) Appointment of Mr. Amarjit Gupta as Additional Director of the Company under Section 260 of the Company's Act, 1956 w.e.f. October 13, 2006. Mr. Amarjit Gupta is a non-executive and independent director as per clause 49 of the listing agreement as amended till date. The Company has further informed that Mr. S.K. Rust

Era Constructions (India) Limited has informed the Exchange that the Members of the Company at the Annual General Meeting held on September 30,2006 have approved the following items: 1) Declaration of dividend on the Equity Shares of the Company @20% i.e. at the rate of Rs.2/- per share. 2) Re-appointment of Shri A.K. Mehta as Director of the Company. 3) Re-appointment of Shri P.P. Mainra as Director of the Company. 4) Re-appointment of M/s. P.C. Bindal & Co. as Statutory auditors of the Company. 5) Approval of shareholders under Section 293(1)(d) of the Companies Act, 1956 for borrowing in ex

Era Constructions (India) Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company will remain closed from September 27, 2006 to September 30, 2006 (both days inclusive) for the purpose of AGM of the Company and payment of Dividend.

Era Constructions (India) Limited has informed the Exchange that the dividend on the equity shares of the Company for the financial year 2005-2006, as recommended by the Board of Directors of the Company, if approved by the members at the AGM to be held on September 30, 2006 shall be paid on or after September 30, 2006 but before October 29, 2006 as per the relevant provisions of the Companies Act, 1956 in this regard.

Era Constructions (India) Limited has informed the Exchange that the Company has been awarded another contract by Rail Vikas Nigam Limited worth Rs. 1147.80 millions. The contract is for laying of railway track on Bhatapara-Urkura Section on South East Central Railway. The contract is to be executed over a period of 30 months.

Era Constructions (India) Limited has informed the Exchange that the Company has been awarded contract by Pratappur Sugar & Industries Limited for construction of civil works at their Kundarki Unit, Distt. Gonda. The approximate cost of project is Rs.55 Crores and is executed over a period of 6(Six) months.

Era Constructions (India) Limited has informed the Exchange regarding funds raised by the Company in the past as under: a) Utilization of GDR proceeds aggregating US $ 30,000,240 (INR 13344.11 Lacs approx); b) Utilization of proceeds of Rs. 1212.30 Lacs (approx.) from preferential issue of warrants. 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/Corporate Announcements).

Era Constructions (India) Limited has informed the Exchange that the Board of Directors while approving the audited statement of accounts in its meeting held on July 26, 2006 has recommended dividend at Rs. 2 per share i.e. @ 20% subject to approval of shareholders at the Annual General Meeting.

Era Constructions (India) Limited has informed the Exchange that the company has been awarded contract by Rail Vikas Nigam Limited. The contract is for laying railway track including supply of ballast and sleepers from KM 0.00 to Km 121.41 in connection with gauge conversions of existing Meter Gauge railway line to Broad Gauge line of Bhildi-Samdari Section in Northern Western Railway. The work is to be executed over a period of 18 months. The contract value of work is Rs.480.55 millions.

Era Constructions (India) Limited has informed the Exchange that the Company has been awarded yet another contract by National Aluminium Company Limited (NALCO) worth Rs. 177 millions. The contract is for civil and structural works in Alumina Refinery at Damanjoli and is to be executed over a period of 15 months.

Era Constructions (India) Limited has informed the Exchange that the company has been awarded contract by Bharat Heavy Electricals Limited for all civil, structural and Architectural work for CW Systems at 1X500MW SGTPS Birsinghpur Thermal Power Project, Madhya Pradesh Power Generating Co. Ltd., Birsinghpur, Dist. Umaria, Madhya Pradesh. The value of the contract is Rs.32 Crores (Thirty Two Crores Only) and is to be executed over a period of 10(Ten) months. The Company is already executing four major power projects at Kahalgoan, Bihar; Sipat, Chattisgarh; Vindhyachal, Madhya Pradesh and Durgh,

Era Constructions (India) Limited has informed the Exchange that the company has been awarded contracts by National Aluminium Company Limited (NALCO) for civil and structural works worth Rs.202 millions.

Era Constructions (India) Limited has informed the Exchange that the company has been awarded one more contract by Rail Vikas Nigam Limited. The contract is for civil works including earth embankment, culverts, bridges, Railway platforms, level crossings & connected electrical works in connection with gauge conversion of existing Meter Gauge railway line to Broad Gauge line of Bhildi-Samdari Section on Northern Western Railway and is to be executed over a period of 15 months. The contract value of work is 299.92 millions.

Era Constructions (India) Limited has informed the Exchange that the Company had issued and allotted 52,63,200 shares underlying GDRs on February 27, 2006.

Era Constructions (India) Limited has informed the Exchange that the company has been awarded another contract by Rail Vikas Nigam Limited worth Rs. 394.22 millions. The contract is for laying of railway track including supply of ballast and sleepers in connection with gauge conversion of existing Meter Gauge railway line to Broad Gauge line of Bhildi-Samdari Section on Northern Western Railway and is to be executed over a period of 18 months.

Era Constructions (India) Limited has informed the Exchange that the company has been awarded contract by Rail Vikas Nigam Limited in consortium. The contract is for laying of third railway line from Palwal to Bhuteshwar, which includes earthern embankments, culverts and bridges and other ancillary structures like railway stations and essential housing. The value of the contract is Rs. 620 Millions (Rupees Six Hundred and Twenty Millions Only) and is to be executed over a period of 18 (Eighteen) months. This is the second major project of the Company in railway sector within last six months.

Era Constructions (India) Limited has informed the Exchange that Bear, Stearns & Co. A/C BSMA Limited has acquired 126,982 shares aggregating to 0.68% of the share capital of Era Constructions (India) Limited on May 01, 2006. The mode of acquisition is Equity shares received against cancellation of GDR and the shareholding of Bear, Stearns & Co. A/C BSMA Limited after the said acquisition is 943,269 shares aggregating to 5.07% of the share capital of Era Constructions (India) Limited.

Citibank, N.A. has informed the Exchange that Bear, Stearns & Co. A/C BSMA Limited has acquired 126,982 shares aggregating to 0.68% of the share capital of Era Constructions (India) Limited on May 01, 2006. The mode of acquisition is Equity shares received against cancellation of GDR and the shareholding of Bear, Stearns & Co. A/C BSMA Limited after the said acquisition is 943,269 shares aggregating to 5.07% of the share capital of Era Constructions (India) Limited.

Era Constructions (India) Limited has informed the Exchange in connection with the Public Announcement issued by Allianz Securities Ltd (the "Manager to the Offer") for and on behalf of Mr. H.S. Bharana (hereinafter referred to as the 'Acquirer') & PACs (Era Construction India Ltd, Peshwa Realtors Pvt. Ltd and Sachet Reality Pvt. Ltd) to the shareholders of Era Financial Services (India) Ltd (hereinafter referred to as the "Target Company") pursuant to and in compliance with, among others, regulation 11(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Tak

Era Constructions (India) Limited has informed the Exchange that w.e.f. April 08, 2006 the Company has appointed M/s Beetal Financial & Computer Services Private Limited as the Registrar and Share Transfer Agent of the Company.

Era Constructions (India) Limited has informed the Exchange that the BODs of the company in their meeting held on March 27,2006 decided to purchase/take equity shares of M/s Era Financial Services(India)Limited under preferential route, a company of which Era Constructions(India)Limited is already a part of promoter's group. The company has further informed that since after the proposed acquisition, the voting capital of promoter's group of Era Financial Services(India)Limited would increase by more than 5%,the company will make a public announcement for acquiring shares jointly with Mr.H.S.Bh

Era Constructions (India) Limited has informed the Exchange that the securities of the Company have been delisted from the Delhi Stock Exchange Association Ltd with effect from March 20, 2006.