GODAVRFERT

Godavari Fertilisers And Chemicals Ltd. had informed the Exchange that the Board of Directors of the Company have, at their meeting held on July 17, 2006, given an "in-principle" approval for expanding the capacity of the Company's Plant at Kakinada by 4.25 lakhs tones per year. This is for the purpose of getting approval from statutory authorities for the proposed expansion. The Board is expected to take up the matter for final approval at a later date. The Company has now informed the exchange that the Board of Directors of the Company have, at their meeting held on October 17, 2006 approved

Godavari Fertilizers Ltd has informed the Exchange that the Board of Directors of the Company have, at their meeting held on July 17, 2006, given an "in-principle" approval for expanding the capacity of the Company's Plant at Kakinada by 4.25 lakhs tones per year. This is for the purpose of getting approval from statutory authorities for the proposed expansion. The Board is expected to take up the matter for final approval at a later date.

Godavari Fertilizers Ltd has submitted to the Exchange a copy of a press release dated October 17,2005 regarding un-audited financial results of the company for the half year ended September 30, 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).