INDIAFOILS

India Foils Ltd has informed the Exchange that the Board of Directors of Company took on record the rehabilitation scheme sanctioned by the Board for Industrial and Financial Reconstruction (BIFR) for the Company at its meeting held on September 08, 2008. 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 Announcements).<a href=/content/corporate/indiafoils_BIFR_09092008.zip target=NEW> For more details click here.</a>

India Foils Ltd has informed the Exchange that the Board of Directors meeting of the Company to take on record the Audited Financial Results of the Company for the 18 months ended March 31, 2005 which was scheduled to be held on June 30, 2005 has been deferred till further notice.

India Foils Ltd has informed the Exchange that the following matters were decided in the Board of Directors Meeting held on May 26, 2005. 1. The Board noted the resignation of Mr. Navin Agrawal, Mr Tarun Jain and Mr Haigreve Khaitan w.e.f. January 30, 2005. 2. The Board noted the resignation of Mr. Indrajit Mookherjee, Managing Director w.e.f. May 13, 2005. 3. The Board has appointed Mr Deb Bandopadhyay as Additional Director of the Company w.e.f. May 13, 2005 subject to approval of Shareholders in the next General Meeting. 4. The Board has appointed Mr. Biswajit Sarkar as Whole Time Director