JIKINDS

Jik Industries Limited has informed the Exchange that "The Meeting of the Board of Directors of the Company was held on 19th February, 2007 and has decided: (1) To increase the Authorised Capital of the Company and to issue fresh Equity Shares, Convertible tradable bonds, & other Convertible / tradable instruments to strategic investors, Promoter and associates on Preferential / Private Placement basis. (2) To issue fresh Equity Shares, other Convertible / tradable instruments to Banks / Financial Institutions and Creditors as a part of the settlement on Preferential / Private Placement basis.

Members of the Exchange are hereby informed that the trading in equity shares of JIK Industries Limited shall be suspended w.e.f. February 07, 2007 (i.e. closing hours of trading on February 06, 2007) on account of Consolidation of equity shares from Re.1/- to Rs.10/-.

Jik Industries Limited has informed the Exchange that: "JIK Industries Limited in pursuance to the Hon'ble BIFR order has entered into an agreement with 5 (five) Secured Creditors namely (1) Dombivili Nagrik Sahakari Bank Ltd. (2) Janakalyan Sahakari Bank Ltd. (3) Malad Sahakari Bank Ltd. (4) Mandvi Co-operative Bank Ltd (5) Canbank Factors Ltd., allotting them equity shares in lieu of debt worth Rs. 8.16 crores. This will enable the Company to reduce the interest burden, reduce debt burden and improve the networth of the Company".

Jik Industries Limited has informed the Exchange that "the Board of Directors at their Meeting held on 10th January, 2007, transacted the following business :- (1) Discussed and considered the order of Hon'ble BIFR. (2) As per the terms and conditions of the order, the company has issued / allotted 6,0423,977 (Six Crore Fourty Two Lacs Three Thousand Nine Hundred Seventy Seven) equity shares of face value Re. 1/- each for the aggregate value in lieu of and in discharge of debts of Rs. 8,15,72,370/- (Eight Crore Fifteen Lacs Seventy Two Thousand Three Hundred and Seventy only) on a private pla

Jik Industries Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting held on December 11,2006. 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/JIK_AGM_131206.zip target=NEW> For more details click here.</a>

Jik Industries Limited has informed the Exchange that "the members at the 15th Annual General Meeting of the Company held on 11th December, 2006, have passd all the resolutions mentioned in the notice unanimously".

Jik Industries Limited has informed the Exchange that there was a typographical error in the Notice of AGM and Balance sheet. A copy of the Corrigendum Notice published by the company in the newspaper shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).<a href=/content/corporate/JIKCrystal_Cor_22112006.zip target=NEW> For more details click here.</a>

Jik Industries Limited has informed the Exchange that the Board of Directors at their Meeting held on November 08, 2006, transacted the following business:- Approved that all the existing equity shares of value of Re.1/- each comprised in the authorized capital of the Company, both issued and un-issued be consolidated into one Equity share of value of Rs. 10/- each fully paid up by consolidating every 10 fully paid equity share of Re.1/- each into one Equity Share of Rs. 10/- each consolidation shall take effect front the date to be decided by the Board of Directors of the Company or of a comm

Jik Industries Limited has informed the Exchange that the Company has announced book closure from November 27, 2006 to December 11, 2006 (both days inclusive) for the purpose of Annual General Meeting of the Company. The Annual General Meeting of the Company for the period ended June 30, 2006 to be held on December 11, 2006.

Jik Industries Limited has informed the Exchange that the Company has decided to publish Annual Audited Result for the Financial Year 2005-2006, instead of publishing unaudited financial results for the quarter ended June 30,2006.

Jik Industries Limited has informed the Exchange that the Company is going to make an application to the Central Government for the appointment and remuneration payable to Managing Director of the Company. A copy of the notice in this regard published in newspaper shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Jik Industries Limited has informed the Exchange that the company has submitted proceedings of the EGM held on June 10,2006 in which the company has inadvertently mentioned one Resolution regarding alteration in Memorandum & Article of Association of the Company for increase in authorised capital. This resolution was not confirmed at the said meeting. The company has now submitted to the Exchange a copy of the rectified proceedings of the EGM held on June 10,2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements an

Jik Industries Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 29,2006 have unanimously resolved to allot 8549407 Equity Shares for Rs.2.36 per share to Mr. Rajendra G. Parikh, Promoter/Chairman and Managing Director of the Company as per the CDR Package entered by the Company with the SASF.

Jik Industries Limited has submitted to the Exchange a copy of the proceedings of the EGM of the Company held on June 10, 2006. 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).

Jik Industries Limited has submitted to the Exchange a copy of the Notice of the Extraordinary General Meeting Notice of the Company to be held on June 10, 2006. 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).

Jik Industries Limited has informed the Exchange that by an order made on May 05,2006, the High Court of Judicature at Bombay has directed that a meeting of Creditors specified in the scheme of JIK INdustries Limited, the Applicant Company be convened and held on June 10,2006 for the purpose of considering and if thought fit, approving, with or without modification the arrangement embodied in the Scheme of Arrangement between JIK Industries Limited and Creditors specified in the scheme of JIK Industries LImited, the Applicant Company. The details of the same shall be available on the NSE websi

Jik Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on April 27, 2006 has appointed Shri Kartik K. Kodia as additional Director of the Company.

Jik Industries Limited has informed the Exchange regarding the persons holding 1% and above as on March 31, 2006. The list 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).

Jik Industries Limited has informed the Exchange that the CDR had approved the debt restructuring package of the company, aligning the debt structure to the current operations of the Crystal business. Major Benefits and Features of CDR Package : 1) Waiver to the tune of Rs.10.50 Crore.(2) Reduction in interest rate to 9% and FITL interest rate to 6%.(3) Option given to Banks to convert outstanding debt into preference shares/equity to the tune to Rs.4.59 Crore.(4) Principal repayment starting from June 30, 2008 for a period of 7.25 years upto June 30, 2015.(5) Interest repayment starting from

Jik Industries Limited has informed the Exchange that the Company has allotted 5,46,76,164 Equity Shares upon the terms and conditions decided by the Board of Directors at its meeting held on March 30, 2006 and pursuant to the Scheme of Arrangement made under Section 391 of the Companies Act, 1956, between JIK Industries Ltd. and its Fixed Deposit Holders, Non-Convertible Debenture Holders & Unsecured Creditors, which was approved by the Hon'ble High Court, Bombay.

Jik Industries Limited has informed the Exchange regarding the Company mulling over opportunities in Swedish/Scandinavian market and expansion. 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).

Jik Industries Limited has informed the Exchange regarding the convertible bonds converted into equity shares issued in compliance with the Hon'ble High Court of Bombay's order which sanctioned the Scheme of Arrangement between JIK Industries Ltd. and its Fixed Deposit Holders, Non Convertible Debenture Holders and Unsecured Creditors. As per directions of the Hon'ble High Court of Bombay, the total debt converted into equity (face value Re.1 with a premium of Rs.2 per share) is to the tune of Rs.2968 lakhs. In view of the above restructuring this scheme leads to an expansion in the equity bas

Jik Industries Limited has informed the Exchange about latest developments of the company. A series of events necessitated this approach, prompting the company to completely exit from the Chemical Business. The Chemical business incurred losses for the years 2002-2003 & 2003-2004. JIK hit an unfortunate phase in July 2004 when an accident at its Chemical waste recycling plant forced the company to cease operation. The crystal business recorded rising sales and growth in margin, and funded a part of the losses of the chemical division. Post difficult times, crystal is going to be our focus. Cry

Jik Industries Limited had informed the Exchange regarding the filing of a Scheme of Arrangement between the Company and Secured Creditors U/s. 391 of the Companies Act, 1956 with the concerned bodies for necessary approvals. The company has now in this connection informed that for the words "Scheme of Arrangement between the Company and its Secured Creditors", the same be read as "Scheme of Arrangement between the Company and its creditors specified in the Scheme".

Jik Industries Limited has informed the Exchange that the Board of Directors at their meeting held on January 16, 2006 has taken on record the following transactions :- (1) Conversion of 98942439 Convertible Bonds into equal number of Equity Shares with effect from January 15, 2006. The debt of the Company is converted into equity shares as per the Scheme of Arrangement between the Company and its Fixed Deposit Holders, Non Convertible Debenture Holders and Unsecured Creditors pursuant to Section 391 of the Companies Act, 1956 which was passed by the Hon'ble High Court, Bombay, effective from

Jik Industries Limited has informed the Exchange that the company has appointed Mr. Manoj Kumar Yadav, as its Compliance Officer in place of Shri. Vinay Prakash Tripathi, the Company Secretary of the Company on the Board Meeting held on December 27, 2005.

Jik Industries Limited has informed the Exchange that the Company has allotted 98942439 Convertible Bond with the equal number of Detachable Warrants upon the terms and conditions decided by the BODs of the Company and pursuant to the Scheme of arrangement entered into between JIK Industries Limited and Fixed Deposit Holders, Non Convertible Debentures Holders and Unsecured Creditors u/s 391 of the Companies Act, 1956 which was sanctioned and approved by the Hon'ble High Court, Bombay.

Jik Industries Limited has informed the Exchange that the Hon'ble High Court of Bombay have sanctioned the Scheme of Arrangement u/s 391 of the Companies Act, 1956 on December 12, 2005 (effective date December 16, 2005) between JIK Industries Limited and Fixed Deposit Holders, Non-Convertible Debenture Holders and Unsecured Creditors of JIK Industries Limited.

Jik Industries Limited has informed the Exchange that the Company has signed a Memorandum of Understanding (MoU) with Lindshammar Glasbruk AB, Sweden (part of CGH Group of Companies).

Jik Industries Limited has submitted to the Exchange a copy of the Proceedings of the AGM of the shareholders of the Comapny held on November 07, 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).

Jik Industries Limited had submitted to Exchange a copy of the proceedings of AGM of the shareholders of the Company held on November 07, 2005. The Company has now informed the Exchange that there was one typographical error in point no. 2 as the date of Balance Sheet is June 30, 2005. A copy of the proceedings of AGM (Revised) shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Jik Industries Limited has informed the Exchange that the CDR Empowered Group (EG) has approved the restructuring package of JIK Industries Limited. Effects of the benefit will be given in the ensuing quarter.

Jik Industries Limited has informed the Exchange that the Board of Directors at their Meeting held on October 08, 2005, has taken the following decisions: 1) The Board has decided to convene AGM for financial year 2004-2005 on November 07, 2005. 2) The Board has decided that books to remain closed from October 28, 2005 to November 07, 2005.

Jik Industries Limited has informed the Exchange that Specified Undertaking of the Unit Trust of India has during the period May 2004 to January 2005 sold 3988291 shares constituting 10.23% of the capital of JIK Industries Ltd.. The shareholding of Specified Undertaking of the Unit Trust of India after the said sale is Nil shares of the Company.

Jik Industries Limited has informed the Exchange that meetings of Equity Shareholders, Unsecured Creditors, Non Convertible Debenture Holders and Fixed Deposit Holders for considering the Scheme of Arrangement u/s 391 of the Companies Act, 1956 were held as per schedule on June 25, 2005. Mr. A. P. Kothari, Deputy Official Assignee of Hon'ble High Court, Bombay presided over at the said meeting.Mr. U. G. Mukadam, Additional Prothonotary & Senior Master, Hon'ble High Court, Bombay with other officials the Hon'ble High Court, Bombay was also present there. In each meeting the Scheme of Arrangeme

Jik Industries Limited has informed the Exchange that the Company has appointed Mr. Ramesh Parihar as an Additional Director of the Company as per the provisions of Section 260 of Companies Act, 1956.

Jik Industries Limited has informed the Exchange that the High Court of Judicature at Bombay has directed that meetings of Equity Share Holders, Unsecured Creditors, Non-convertible debenture holders and Fixed Deposit Holders of JIK Industries Limited, the Applicant Company be convened and held on June 25, 2005, respectively, for the purpose of considering and if thought fit, approving, with or without modification the arrangement embodied in the Scheme of Arrangement between JIK Industries Limited and Fixed Deposit Holders, Non-Convertible Debenture Holders and Unsecured Creditors of JIK Indu

Jik Industries Limited has informed the Exchange that the Company has confirmed the appointment of Mr. Vinay Prakash Tripathi as Whole Time Company Secretary of the Company in the Board Meeting held on May 25, 2005.

Jik Industries Limited has informed the Exchange that as per the directions of the Hon'ble High Court of Bombay, the meeting of the equity shareholders, unsecured creditors, non-convertible debenture holders and fixed deposit holders will be held on June 25,2005 in pursuant to the scheme of arrangement.

Jik Industries Limited has informed the Exchange that the Company has appointed Mr. Vinay Prakash Tripathi as company secretary.

Jik Industries Limited has informed the Exchange that the shares of the Company has been delisted from the Stock Exchange, Ahmedabad w.e.f. March 31, 2005.

Jik Industries Limited has informed the Exchange that the BODs at their Meeting held on March 15, 2005, approved the draft scheme of Compromise/Arrangement to convert Fixed Deposits, Non-Convertible Debentures, Loans and Other Unsecured Creditors into Equity Shares of the company.

Jik Industries Limited has informed the Exchange that at the EGM of the company held on November 18,2004 the shareholders of the company have approved the following resolutions:1)Re-classification of Authorised share capital of the company from existing Rs.300,000,000 divided into 300,000,000 equity shares of Rs.1/- each and Rs.270,000,000 divided into 27,00,000 preference shares of Rs.100/-each to Rs.500,000,000 divided into 500,000,000 equity share of Rs.1/- each and Rs.70,000,000 divided into 7,00,000 preference share of Rs.100/-.2)Alteration of Articles of Association for re-classification

Jik Industries Limited has informed the Exchange that an EGM will be held on November 18, 2004 to transact the following business : 1) Re-classifying of Authorised Share Capital of the Company as 500,000,000 equity shares of Re.1 each and 700,000 Preference Shares of Rs.100 each. 2) To amend Articles No.3 of the Articles of Associations. 3) To issue equity shares / convertible debentures / non convertible debentures / preference shares / convertible preference shares / warrants / secured premium notes / floating rate notes or bonds / other financial instrument. 4) To convert the loans (secure

JIK Industries Limited has informed the Exchange that the BoD's at their meeting held on October 14, 2004 transacted the following : To convene the EGM of the Company on November 18, 2004.

JIK Industries Limited has informed the Exchange that based on the audited balance sheet for the period ended June 30, 2003 and the year ended June 30, 2004, the company has erroded its networth in full and therefore, made an application with Hon'ble Board for Industrial and Financial Reconstruction (BIFR) for determination of the measures to be adopted with respect to the company and BIFR have admitted the application vide their letter dated October 07, 2004.

Jik Industries Limited has informed the Exchange that the Register of Members and Share Transfer Register shall remain closed from October 21, 2004 to October 23, 2004 (both days inclusive) for the purpose of AGM to be held on October 23, 2004.

Jik Industries Limited has informed the Exchange that the BoD's, at their meeting held on September 28, 2004, have decided to convene the AGM of the company i) On October 23, 2004 for the period ended June 30, 2003; and ii) On November 13, 2004 for the year ended June 30, 2004.