IPCL

Indian Petrochemicals Corpn. Ltd. has informed the Exchange that Southern Gujarat has been affected by heavy rainfall during the last week. Due to the flood situation in Vadodara, the Company's operating plants at the petrochemicals complex at Vadodara have been temporarily shutdown, in the interest of safety. The Company's utilities, power and Acrylonitrile (ACN) Plant are functioning. There is no loss of property or personnel due to the flood situation.

Indian Petrochemicals Corpn. Ltd. has informed the Exchange that the Company's operating plants at the petrochemicals complex at Vadodara have been restarted on July 03, 2005, in the evening hours.

Indian Petrochemicals Corpn. Ltd. has submitted to the Exchange a copy of the notice of AGM of the Company proposed to be held on June 27, 2005. A copy of the notice of the AGM shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Indian Petrochemicals Corpn. Ltd. has informed the Exchange that AGM of the company will be held on June 27,2005.

Indian Petrochemicals Corpn. Ltd. has informed the Exchange that the board has recommended a dividend of Rs.4.50(Rupees four and paise fifty only) per fully paid-up equity share of Rs.10/- each.The paid-up equity capital as on March 31,2005 is Rs.248.23 crore.

Indian Petrochemicals Corpn. Ltd. has submitted to the Exchange a copy of the media release issued by the company regarding the audited financial results for the quarter/year ended March 31, 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).

Indian Petrochemicals Corpn. Ltd. has informed the Exchange that the Register of Members and Share Transfer Books of the company shall remain closed from May 14, 2005 to May 21, 2005 (both days inclusive) for determining shareholders' entitlement for dividend on equity shares.

Indian Petrochemicals Corpn. Ltd. has informed the Exchange about the news clarification regarding Shri. A. D. Ambani's resignation as Vice Chairman and Director of the company. 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).

Clarification of News : The press had reports that the settlement between the Ambani brothers is on the cards and that Mr. Anil Ambani is likely to get control of Reliance Infocomm, Reliance Energy Ltd. and Reliance Capital Ltd. while Reliance Industries Ltd. and Indian Petrochemical Corporation Ltd. will remain with Mr. Mukesh Ambani. 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. Indian Petrochemicals Corpn. Ltd

Clarification of News : The media had reports on March 09, 2005 that the company is likely to be merged with Reliance Industries Ltd., the merger ratio being four shares of IPCL for one share of Reliance Industries Ltd. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Indian Petrochemicals Corpn. Ltd. has vide its letter inter-alia stated " We categorically deny that there is any proposal for merger of IPCL with Re

Clarification of News : The media had reports that the company is likely to be merged with Reliance Industries Ltd., the merger ratio being four shares of IPCL for one share of Reliance Industries Ltd.. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Reply is awaited from Indian Petrochemicals Corpn. Ltd.

Indian Petrochemicals Corpn. Ltd. submitted to the Exchange a copy of the press release issued by the company regarding the unaudited financial results for the quarter ended December 31, 2004. The details of the press release issued by the Company shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Indian Petrochemicals Corpn. Ltd. has informed the Exchange that the BOD's at its meeting held on January 20, 2005, considered the resignation of Shri A. D. Ambani as Vice Chairman and Director of the Company and decided to request Shri A D Ambani to reconsider his decision.

Indian Petrochemicals Corpn. Ltd. has informed the Exchange that Shri Anil D Ambani has on January 03, 2005, addressed a letter to Shri Mukesh D Ambani, Chairman of the Company, tendering his resignation as Vice Chairman and Director of the Company with a request to accept his resignation.