GARDENSILK

Mr. Praful A Shah has informed the Exchange regarding the acquisition of 2,96,717 shares(0.77%) and sale of 4,89,126 shares(1.28%) of Garden Silk Mills Limited by the following entities forming part of promoter groups and persons acting in concert. The details of the same are as follows: 1)SPS Silk Ltd.(part of promoter group) has acquired 1,56,509 shares(0.41%) and their shareholding after the said acquisition is 14,39,652 shares(3.76%).2)Jarigold Textiles Ltd.( part of promoter group) has acquired 1,40,208 shares(0.37%) and their shareholding after the said acquisition is 2,70,700 shares(0.

Garden Silk Mills Ltd. has informed the Exchange that Mr. Praful A Shah Promoter - together with persons acting in concert and entities forming part of promtoer group have sold 7,66,779 shares aggregating to 2.00% of the share capital of Garden Silk Mills Ltd .The details of the same are as follows: 1)Rosekamal Textiles Ltd.(part of promoter group) has sold 2,36,718 shares(0.62%) and their shareholding after the said sale is 7,24,843 shares(1.89%).2)Paami Textiles and Investments Ltd.(Person acting in concert) has sold 58,423 shares(0.15%) and their shareholding after the said sale is 5,06,622

Mr. Praful A Shah has informed the Exchange regarding sale of 7,66,779 shares(2%) of Garden Silk Mills Limited by the following entities forming part of promoter groups and persons acting in concert. The details of the same are as follows: 1)Rosekamal Textiles Ltd.(part of promoter group) has sold 2,36,718 shares(0.62%) and their shareholding after the said sale is 7,24,843 shares(1.89%).2)Paami Textiles and Investments Ltd.(Person acting in concert) has sold 58,423 shares(0.15%) and their shareholding after the said sale is 5,06,622 shares(1.32%).3)SPS Silk Ltd.(part of promoter group)has sol

Garden Silk Mills Ltd. has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended September 30, 2005 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Garden Silk Mills Ltd. has submitted to the Exchange a copy of the consolidated text and extract of the resolutions passed at the AGM of the shareholders of the Company held on December 01, 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).

Garden Silk Mills Ltd. has informed the Exchange that the Company shall keep its Register of Members and Share Transfer Book closed from November 22, 2005 to December 01, 2005 (both days inclusive) for the purpose of payment of dividend.

Garden Silk Mills Ltd. has informed the Exchange that the Company has commenced production of its 600 tons per day (TPD) Continuous Poloymerisation polyster project at its plant at Village Jolwa, Taluka Palsana, Dist. Surat. The Project will fulfill Company's internal requirement of polymer / chips of about 270 TPD for the manufacture of partially oriented yarn. The balance 330 TPD chips will be marketed.

Garden Silk Mills Ltd. has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended March 31, 2005 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Garden Silk Mills Ltd. had informed the Exchange regarding the Company's proposal for seeking the consent of the members through postal ballot voting process for the resolutions as set out in the Notice issued to the members of the company in terms of Section 192A of the Companies Act, 1956 read with Companies (Passing of Resolution by Postal Ballot) Rules, 2001. The Company has now informed that the Company has complied with the procedures as prescribed under the aforesaid rules and in pursuance to the guidelines, the ordinary resolutions (1) for increase in borrowing limits subject to a cei

Garden Silk Mills Ltd. has informed the Exchange that pursuant to Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, the Company is seeking the consent of the members to pass an Ordinary Resolution under Section 293(1)(d) and 293(1)(a) of the Companies Act, 1956 through Postal Ballot to approve the proposal for increase in borrowing limits from Rs.500 crores to Rs.750 crores and also to create a further mortgage and/or charge and hypothecation to provide security for the increased borrowings aggregating to Rs.750 crores.

Garden Silk Mills Ltd. has informed the Exchange that Life Insurance Corporation of India has appointed Shri Yadatore Nagappa Rammurthy as their nominee on the board of Directors of the company vide their letter dated December 06,2004.

Garden Silk Mills Ltd. has informed the Exchange that Shri. Sanjay S Shah has sold 36,000 shares and 3,944 shares of Garden Silk Mills Limited on December 16,2004 & on December 17,2004. The mode of sale is through market and the shareholding of Shri. Sanjay S Shah after the said sale is 9,21,311 shares aggregating to 2.41% of the total paid-up share capital of the Company.

Garden Silk Mills Ltd. has informed the Exchange that Shri. Praful A. Shah [Acquirer] along with persons acting in concert has acquired 525244 shares amounting to 1.37% and sold 315950 shares amounting to 0.83% of the total Paid-up share capital of the Company. The date of the acquisition and sale is November 25, 2004. The shareholding of Shri. Praful A. Shah along with persons acting in concert after the said acquisition/sale is 2,13,58,979 shares amounting to 55.77% of the total paid-up share capital of the Company.The details of the acquisition / sale shall be available on the NSE website

Garden Silk Mills Ltd. has informed the Exchange that the Board of Directors at their meeting held on October 30, 2004, appointed Mr. Alok P. Shah as Wholetime Director, designated as Executive Director of the Company for a period of five years with effect from November 1, 2004 subject to approval of the shareholders at the ensuing AGM of the company scheduled on December 16, 2004.

Shri. Praful A. Shah [acquirer] has informed the Exchange that he, along with persons acting in concert has acquired 525244 shares amounting to 1.37% and sold 315950 shares amounting to 0.83% of the share capital of Garden Silk Mills Ltd. (target company). The date of the acquisition and sale is November 25, 2004. The shareholding of Shri. Praful A. Shah along with persons acting in concert after the said acquisition/sale is 2,13,58,979 shares amounting to 55.77% of the share capital of Garden Silk Mills Ltd. The details of the acquisition / sale shall be available on the NSE website (http:/

Garden Silk Mills Ltd. has informed the Exchange that the AGM of the company will be held on December 16, 2004.

Garden Silk Mills Ltd. has informed the Exchange that the BoD's at their meeting held on September 29, 2004, have recommended a payment of dividend @ 15% on Equity Shares of the Company for the year ended June 30, 2004, subject to approval of shareholders.