GKW

Gkw Ltd has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended June 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).

Clarification of News : The press had reports that GKW Limited is close to finalising its Banglore property deal. Further, the negotiations for Bhandup properties have also been initiated. The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. GKW Limited has vide its letter inter-alia stated, "The company has received approval from the Board for Industrial and Financial Reconstruction (BIFR) for its Rehabilitation Schem

Gkw Ltd has informed the Exchange that the AGM of the Company will be held on September 27, 2005 and the Book Closure will be from September 16, 2005 to September 27, 2005 both days inclusive.

Gkw Ltd has informed the Exchange that at the board meeting held on June 15,2005 the directors decided not to recommend dividend for the year ended March 31,2005.The company has further informed that for the purpose of holding the next AGM of the Members of the Company on September 27, 2005, the Register of Members will remain closed from September 16, 2005 to September 27, 2005, both days inclusive.

Gkw Ltd has informed the Exchange that Mr. J N Ghosh has been appointed as Company Secretary w.e.f. June 01, 2005. Mr. Ghosh will also be the Compliance Officer of the Company.

Gkw Ltd has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended December 31, 2004 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).

Gkw Ltd has informed the Exchange that Mr. Debashish Sarkar, company secretary who was also the compliance officer has expired on February 26,2005.

Gkw Ltd has submitted to the Exchange comments on auditors qualifications for the year ended March 31, 2004 as follows: a) As regards Auditors' comments on the preparation of accounts on the going concern basis, the Draft Rehabilitation Scheme and OA's Report submitted by State Bank of India, Operating Agency is under consideration of BIFR. Accordingly, the accounts have been prepared on a going concern basis. b) Auditors' comments on non-availability of records, documents and physical verification of assets in units under suspension of operation are due to the Company's Andul Road Works at Ho