HINDUJAFO

Hinduja Foundries Limited has informed the Exchange that "Further to our letter dated April 28, 2017, we wish to inform you that Hinduja Foundries Limited and Ashok Leyland Limited have filed e-form No. INC-28 with the Registrar of Companies (ROC), Chennai, along with the Certified True Copy of the NCLT Order, on April 28, 2017. The Scheme has come into effect on April 28, 2017 with the Appointed Date of October 1, 2016".

Hinduja Foundries Limited has informed the Exchange that the National Company Law Tribunal (NCLT), Chennai vide their Order dated April 24, 2017, have approved the Scheme of Amalgamation of Hinduja Foundries Limited (Transferor Company) with Ashok Leyland Limited (Transferee Company), which was received by us on April 27, 2017.The Scheme with Appointed Date of October 1, 2016 will be effective upon filing the Certified True Copy of the Order with the Registrar of Companies, Chennai

Hinduja Foundries Limited has informed the Exchange that integrated Enterprises ( India) Limited, the Registrar and Share Transfer Agent (RTA) of the Company has de-merged its Registry undertaking into a separate Company in name of Integrated Registry Management Services Private Ltd with the approval of SEBI, with no change in ownership or management or operational team, Henceforth, the Company's share transfer registry services will be managed by integrated Registry Management Services Private Ltd.

Hinduja Foundries Limited has submitted to the Exchange a copy of notice convening the meeting of the equity shareholders of the company.

Hinduja Foundries Limited has submitted to the Exchange a copy of the Annual Report.

Hinduja Foundries Limited has informed the Exchange that the Finance Committee of the Board of Directors of the Company has at its meeting held on March 22, 2016 (which was earlier scheduled for March 21, 2016 and got postponed due to administrative reasons) inter alia passed the following resolutions : (1) The GDR issue opened on March 18, 2016 and was closed on March 21, 2016 after the issue was fully subscribed (2) Consequently the Finance Committee approved allotment of 13,44,00,000 equity shares of face value of Rs.10 each at a price of Rs29.75 per equity shares (including a premium of Rs

Hinduja Foundries Limited has informed the Exchange that the Finance Committee of the Board of Directors of HInduja Foundries Limited has, at its meeting held on March 15, 2016, decided the opening of the Global Depository Receipts issue on March 18, 2016.

Hinduja Foundries Limited has informed the Exchange that the company has entered into Long Term Settlement (LTS) with the workers union at company's unit located at Ennore, Chennai 600 057.

Hinduja Foundries Limited has informed the Exchange that pursuant to the restructuring initiative undertaken to improve company's overall profitability and performance, the Company announced a Voluntary Retirement Scheme at its manufacturing Ductron Castings Unit at Hydreabad which was accepted substantially by all the employees of the unit and the Board of Directors at their meeting held on August 14, 2015 have approved the closure of the unit.

Hinduja Foundries Limited has informed the Exchange that the Company has announced a Voluntary Retirement Scheme to the employees of company's unit located at Ennore, Chennai 600057.

Hinduja Foundries Limited has informed the Exchange that the Company has announced a Voluntary Retirement Scheme to the employee of Company's Ductron Castings Unit located at Uppal, Hyderabad.

Hinduja Foundries Limited has submitted to the Exchange a copy of circular resolution passed by the Company.

Hinduja Foundries Limited has informed the Exchange that vide Circular Resolution dated June 24, 2013 approved by the Board of Directors of the Company, Mr. G. R. V. Rajan is appointed as an "Additional Director" in the first stance pursuant to Section 260 of the Companies Act, 1956 and Article 101 of the Articles of Association of the Company and thereafter as "Managing Director (Designate) and CEO" of the Company with effect from June 24, 2013.

Hinduja Foundries Limited had informed the Exchange vide its letter dated January 05, 2011 that "there has been disruption of operations of the Company at its Ennore unit from the regular shift of yesterday due to pending long term wage agreement. The issue are being discussed with the involvement of the State Government Labour Department for resolution". The Company has now informed the Exchange vide its letter dated January 11, 2011 that "we have resumed operations from this morning".

Hinduja Foundries Limited has informed the Exchange that "there has been disruption of operations of the Company at its Ennore unit from the regular shift of yesterday due to pending long term wage agreement. The issue are being discussed with the involvement of the State Government Labour Department for resolution".

Hinduja Foundries Limited has informed the Exchange vide its letter dated July 20, 2010 regarding the operations getting affected at the Hyderabad unit(DCU). The Company has now informed that the Company has resumed operations at Hyderabad unit.

Hinduja Foundries Limited has informed the Exchange vide its letter dated July 20, 2010 that: "The operations of the Company at its Hyderabad unit has been affected due to a labour dispute on long term wage agreement. The issues are being discussed with the involvement of the State Government Labour Department for resolution".

Hinduja Foundries Limited has informed the Exchange that M/s. S.R.Batliboi & Associates, Chartered Accountants, Chennai and M/s. Fraser & Ross, Chartered Accountants, Chennai, Joint Auditors have intimated to the Company that they do not wish to seek their reappointment at the forthcoming Annual General Meeting to be held on July 28, 2010.

Hinduja Foundries Limited had informed the Exchange regarding the disruption of operations at Ennore unit. The Company has now informed the Exchange vide its letter dated May 31, 2010 that: "The Ennore unit has resumed operations."

Hinduja Foundries Limited has informed the Exchange that the operations of the Company at its Ennore unit has been disrupted due to the effect of the cyclonic storm accompanied by heavy rains in Chennai from May 18, 2010. The Company is forced to shut down operations due to heavy flooding inside its Ennore Factory from May 19, 2010.

Hinduja Foundries Limited has informed the Exchange vide its letter dated March 04, 2010 that "In line with the notification dated March 02, 2010 from the Central Power Distribution Company of Andhra Pradesh Limited, our Unit at Hyderabad will have an additional weekly holiday on Thursday due to non-availability of power with immediate effect till further notice".

Hinduja Foundries Limited has informed the Exchange that Tamil Nadu Electricity Board (TNEB) has reduced the power cut from 40% to 30% by its communication dated May 26, 2009 and May 28, 2009. In view of the above, the No. of working days has been increased by 3 days for Ennore and Sriperumbudur Units.

Hinduja Foundries Limited has informed the Exchange that: "Considering the reduced off take from Commercial Vehicle and Tractor segments and the restrictions on power availability in Tamil Nadu, the production in our manufacturing units will be suitably adjusted through further reduction in number of working days. These measures are resorted to by the Company to avoid a build-up of inventory, and will be continuously reviewed".

Hinduja Foundries Limited has informed the Exchange that: "With the fall in demand for Commercial Vehicles, Tractors and Cars, off-take of castings has come down considerably over the past few weeks. In view of the available inventory coupled with the present power situation, HFL has decided to observe continuous production holidays for 5 days at its Ennore and Sriperumbudur Units, in addition to normal weekly holidays. Also the unit in Hyderabad will work five days a week, instead of six days. These measures are expected to continue till the demand for castings is revived".

Hinduja Foundries Limited has informed the Exchange that the Board of Directors of the Company, as part of the funding plans for the business requirements, has through a Circular Resolution, approved the proposal for raising of further capital by issue of equity shares and/or equity shares in the form of Global Depository Receipts (GDRs) and/or American Depository Receipts (ADRs) and/or Foreign Currency Convertible Bonds (FCCBs) and/or securities convertible into equity shares and/or Securities linked to equity shares and/or securities with or without detachable share warrants, and/or bonds w