INDLMETER

Imp Power Ltd has informed the Exchange that the shareholders in the Extra-ordinary General Meeting held on May 02, 2005 considered and approved the following resolutions: 1) Approved the preferential allotment of 1573463 Equity shares @ Rs.47.03 per share amounting to Rs.740 lacs (by way of conversion of loans in to Equity, as per the CDR package) to SASF,promoters and others. 2) Approved the allotment of 2450000 4% Cumulative Redeemable preference shares of Rs.10 each amounting to Rs.245 lacs (by way of conversion of loan, as per the CDR package) to SASF. 3) Approved the Reappointment of Sh.

Imp Power Ltd has informed the Exchange that at the Board meeting held on March 30, 2005, the Board decided as follows: 1) To call the EGM of the Company on May 2, 2005. 2) To extend the Current Financial Year 2004-05 by 3 months i.e. upto June 30, 2005 instead of March 31, 2005. 3) To take on record the successful commissioning of 100 MVA 220/132 KV Auto Power Transformer at Bharatpur, Rajasthan of RRVPNL

Imp Power Ltd has informed the Exchange that at the Board Meeting held on March 16, 2005, the Board decided as follows: 1) To issue and allot such number of equity shares at a price determined in accordance with the SEBI Guidelines on preferential allotment on the relevant date: (a) to SASF (IDBI) by conversion of outstanding dues of Rs.350 Lacs under CDR Package; (b) to promoters by conversion of outstanding unsecured loans of Rs.300 Lacs under the CDR Package; (c) to others by conversion of outstanding unsecured loans of Rs.104 Lacs; (d) to others for Rs.26 Lacs. 2) To issue and allot 21,80,

Imp Power Ltd has informed the Exchange that the name of the Company has been changed from IMP Power Ltd. to IMP Powers Ltd. w.e.f. January 14, 2005.

Imp Power Ltd has informed the Exchange that the CDR Empowered group in its meeting held on December 23, 2004, has approved and cleared the Corporate Debt Restructuring proposal of Imp Powers Ltd., a company engaged in the manufacturing of Power Transformers and Meters. The restructuring would reduce the interest rate from the present 16.5% to 9%, Banks & Institutions would be Funding the Interest till Sept. 05, partly converting into equity and pref capital and most importantly restoration of the entire assessed Working Capital Limits. The loan tenure would be spread over the next 28 quarterl

IMP Power Ltd has informed the Exchange that the AGM of the Company will be held on September 30, 2004 and the Register of Members and Share Transfer Books shall remain closed on October 15, 2004 for the ensuing Annual Book Closure of the Company.