IBP

Members of the Exchange are hereby informed that the trading in equity shares of IBP Co. Ltd. shall be suspended w.e.f. June 04, 2007 (i.e. closing hours of trading on June 01, 2007) on account of Scheme of Amalgamation of IBP Co. Ltd. with Indian Oil Corporation Ltd.

Indian Oil Corporation Ltd has informed the Exchange about "The Merger of IBP Co.Ltd. with Indian Oil Corporation Ltd. w.e.f. 2nd May, 2007. The Scheme of Amalgamation provides for swap ratio of 110:100 i.e. 110 equity shares of Rs.10/- each of IndianOil (the Transferee Company) as fully paid for every 100 equity shares of Rs.10/- each of IBP Co.Ltd. (the Transferor Company). Pursuant to Clause 16 of the Listing Agreement, it is hereby notified that the Company has fixed Monday, the 11th June, 2007 as the Record Date for the purpose of ascertaining the eligibility of the shareholders of IBP Co

Ibp Co. Ltd. has informed the Exchange that "The Ministry of Company Affairs (being the competent authority to approve mergers of Govt. Companies) has vide their Order dated 30th April, 2007 sanctioned the Scheme of Amalgamation for merger of IBP Co. Limited (a subsidiary of IndianOil) with Indian Oil Corporation Limited under Section 391(2) read with Section 394 of the Companies Act, 1956. The Scheme of Amalgamation provides for a swap ratio 110 :100 i.e. issue of 110 equity shares of Rs. 10/- each of IndianOil (the Transferee Company) as fully paid for every 100 equity shares of Rs. 10/- eac

Ibp Co. Ltd. has informed the Exchange that "The Company has created an exclusive e-mail ID for redressal of investor grievances which is "compliance officer@ibpoil.com."

Ibp Co. Ltd. has informed the Exchange that the AGM of the company will be held on September 06,2006.

Ibp Co. Ltd. has informed the Exchange that the Register of Members and the Transfer Books of the Company would remain closed during the period from August 22, 2006 to September 06, 2006 (both days inclusive), inter alia, for the purpose of payment of Dividend on the existing Equity Shares of Rs. 10/- each recommended by the Board and proposed to be declared by the Members at the next AGM of the Company.

Ibp Co. Ltd. has informed the Exchange the Shareholders of IBP Co. Limited have at the Meeting Convened and held- pursuant to Order of the Hon'ble Ministry of Company Affairs (being the Competent Authority to approve amalgamation in Government Companies)- on June 29, 2006, voted overwhelmingly in favour of merger of IBP Co. Limited (which is a subsidiary of Indian Oil Corporation Limited) with Indian Oil Corporation Limited.

Ibp Co. Ltd. has informed the Exchange that the meeting of the shareholders of the Company which, pursuant to an Order of the Hon'ble Ministry of Company Affairs (MCA), was convened to be held on June 16, 2006, for considering the Scheme of Amalgamation of IBP Co. Limited with Indian Oil Corporation Limited stands cancelled. Further the Company has informed that the aforesaid meeting of the Shareholders of IBP Co. Limited has been convened-pursuant to the Order of the Hon'ble Ministry of Company Affairs being the Competent Authority to approve Amalgamation in Goverment Companies- to be held o

Ibp Co. Ltd. has informed the Exchange that a meeting of the Shareholders of IBP Co. Limited has been convened by the Hon'ble Ministry of Company Affairs ( the Competent Authority to approve Amalgamation in Government Companies) to be held on June 16, 2006, to consider the Scheme of Amalgamation of IBP Co. Limited with Indian Oil Corporation Limited. The copy of the notice of the meeting 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).

Ibp Co. Ltd. has informed the Exchange that requisite newspaper Notice convening Meeting of the Equity Shareholders of the IBP Co. Limited-for considering the Scheme of Amalgamation of IBP Co. Limited with Indian Oil Corporation Limited - has been published on May 25,2006 in two English newspapers viz., The Statesman (all editions) and Financial Express (Mumbai edition) as also in the Bengali newspaper viz., Pratidin. 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 Ann

Ibp Co. Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 17,2006 has recommended payment of dividend @ 20% (i.e. Rs. 2/-per share) on the equity share capital for the Financial Year, 2005-06.

Ibp Co. Ltd. has informed the Exchange that HSBC Global Investment Funds - A/C HSBC Global Investment Funds (Mauritius) Limited has acquired 102875 shares aggregating to 0.46% of the total paid up capital of IBP Co. Ltd. on January 09, 2006. The mode of acquisition is Market Purchase and the shareholding of HSBC Global Investment Funds - A/C HSBC Global Investment Funds (Mauritius) Limited after the said acquisition is 2,248,004 shares aggregating to 10.15% of the total paid up capital of IBP Co. Ltd.

Ibp Co. Ltd. had informed the Exchange that subject to the approval of Government of India, the Board of Directors of the Company had at its Meeting held on December 22, 2004 accorded approval to the Scheme of Amalgamation for Merger of the Company with Indian Oil Corporation Limited ("IndianOil") and recommended the Swap Ratio of 125:100 i.e 125 equity shares of Rs.10 each of IndianOil (the Transferee Company) as fully paid-up for every 100 equity shares of Rs.10 each of IBP (the Transferor company). The Company has further informed that as both the Transferor and the Transferee Companies are

HSBC Halbis Partners (Hong Kong) Limited has informed the Exchange that HSBC Global Investment Funds - A/C, HSBC Global Investment Funds (Mauritius) Limited alongwith PAC HSBC Halbis Partners (Hong Kong) Limited has acquired 102875 shares of the total paid up capital of IBP Co. Ltd. on January 09, 2006. The mode of acquisition is Market Purchase and the shareholding of HSBC Global Investment Funds - A/C, HSBC Global Investment Funds (Mauritius) Limited alongwith PAC HSBC Halbis Partners (Hong Kong) Limited after the said acquisition is 2,248,004 shares aggregating to 10.15% of the total paid u

Ibp Co. Ltd. has informed the Exchange that the Register of Members and the Transfer Books of the company would remain closed during the period from August 17, 2005 to September 02, 2005 (both days inclusive), inter alia, for the purpose of payment of dividend - on the existing Equity Shares of Rs.10/- each, recommended by the Board and proposed to be declared by the Members at the next AGM of the Company.

IBP Co. Ltd. has informed the Exchange that Government of Singapore Investment Corporation Pte. Ltd. has sold 12,138 shares aggregating to 0.0548% of the share capital of the Company on May 25, 2005. The mode of sale is through market sale and the shareholding of Government of Singapore Investment Corporation Pte. Ltd. after the said sale is 8,84,058 shares aggregating to 3.9917% of the share capital of IBP Co. Ltd.

Ibp Co. Ltd. has informed the Exchange that the Board of Directors, at its Meeting held on May 18, 2005 have recommended payment of Dividend @100% on the Equity Share Capital of the Company for the financial year 2004-05.

Ibp Co. Ltd. has informed the Exchange that HSBC Global Investment Funds - A/c HSBC Global Investment Funds (Mauritius) Limited has acquired 10,816 shares aggregating 0.05% of the total paid up capital of IBP Co. Ltd. on April 18, 2005. The mode of acquisition is through Market Purchase and the shareholding of HSBC Global Investment Funds - A/c HSBC Global Investment Funds (Mauritius) Limited after the said acquisition is 17,10,537 shares aggregating 7.72% of the total paid up captial of IBP Co. Ltd..

HSBC Asset Management (Hong Kong) Limited has informed the Exchange that HSBC Global Investment Funds - A/c HSBC Global Investment Funds (Mauritius) Limited has acquired 10,816 shares on April 18, 2005 of IBP Co. Ltd.. The mode of acquisition is through Market Purchase and the shareholding of HSBC Global Investment Funds - A/c HSBC Global Investment Funds (Mauritius) Limited after the said acquisition is 1,710,537 shares aggregating 7.72% of the total paid up capital of IBP Co. Ltd..

Ibp Co. Ltd. has informed the Exchange that HSBC Global Investment Funds - A/c HSBC Global Investment Funds (Mauritius) Limited has acquired 2,15,000 shares aggregating to 0.97% of the share capital of IBP Co. Ltd. on March 07,2005. The mode of acquisition is through Market Purchase and the shareholding of HSBC Global Investment Funds - A/c HSBC Global Investment Funds (Mauritius) Limited after the said acquisition is 12,58,279 shares aggregating to 5.68% of the share capital of IBP Co. Ltd.

Ibp Co. Ltd. has informed the Exchange that Shri Sarthak Behuria has been appointed as a non Whole-time Director under Section 260 of the Companies Act, 1956 and Chairman of the Company with effect from March 1, 2005. He has been appointed as Chairman in place of Shri M.S.Ramachandran, the erstwhile Chairman.

HSBC Asset Management (Hong Kong) Limited has informed the Exchange that HSBC Global Investment Funds - A/c HSBC Global Investment Funds (Mauritius) Limited has acquired 215,000 shares on March 07, 2005 of IBP Co. Ltd.. The mode of acquisition is through Market Purchase and the shareholding of HSBC Global Investment Funds - A/c HSBC Global Investment Funds (Mauritius) Limited after the said acquisition is 1,258,279 shares aggregating 5.68% of the total paid up capital of IBP Co. Ltd..

Ibp Co. Ltd. has informed the Exchange that the Board of Directors of the company in their meeting held on December 22, 2004 have approved the scheme of amalgamation for merger of IBP Co. Ltd. with Indian Oil Corporation Ltd. The Board of directors have also recommended a swap ratio of 125:100 i.e 125 equity shares of Rs.10/- each of Indian Oil Corporation Ltd. (the Transferee Company) as fully paid up for every 100 equity shares of Rs.10/- each of IBP Co. Ltd. (the Transferor company). The above is however, subject to the approval of Govt. Of India and all other consents or approvals from Reg

Ibp Co. Ltd. has informed the Exchange regarding the forfeiture of 95(Ninety Five) 14% Fully Convertible Debentures (FCDs) of Rs.120 each pertaining to three allottees by the BODs of the company on the ground of non-payment of the first & final call money of Rs.60 per debenture, with interest thereon, as stipulated in the Terms of Offer of the 14% FCDs. The details of the forfeiture of the FCD shall be 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 on July 27, 2004 that the merger ratio of IOC-IBP Company has been fixed at 2:1. 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. IBP Co. Limited has vide its letter inter-alia stated, "In this connection, kindly note that Scheme of Merger is yet to be developed and adopted by the Board of Directors of the two Companies namely Indian Oil Corporation Limited and IBP Co. L