MAHINDUGIN

Mahindra Ugine Steel Company Limited has informed the Exchange that the scheme of amalgamation between Mahindra Hinoday Industries Limited, Mahindra Ugine Steel Company Limited, Mahindra Gears International Limited, Mahindra Investments (India) Private Limited, Participaciones Internacionales Autometal Tres, S.L. (collectively referred as "Transferor Companies") and Mahindra CIE Automotive Limited ("Transferee Company") and their respective shareholder and creditors ("Integrated Scheme") has become effective on December 10, 2014.

Mahindra Ugine Steel Company Limited has informed the Exchange that "The Hon'ble Bombay High Court has sanctioned the scheme of amalgamation between Mahindra Hinoday Industries Limited, Mahindra Ugine Steel Company Limited (the Company), Mahindra Gears International Limited, Mahindra Investments (India) Private Limited, Participaciones Internacionales Autometal Tres, S.L. and Mahindra CIE Automotive Limited and their respective shareholders and creditors ( Integrated Scheme ) on October 31, 2014. The minutes of the order sanctioning the Integrated Scheme will be available on the website of the

Mahindra Ugine Steel Co. Ltd has informed the Exchange that the Company has received Certified True Copy of the Order of Hon'ble High Court of Bombay approving the Scheme of Merger of Pranay Sheetmetal Stampings Ltd., Valueline Hotels & Resorts Ltd., Console Estate & Investments Ltd with the Company on March 17, 2006. The Company has filed the Certified Copy of the said order with the Registrar of Companies, Maharashtra, Mumbai on March 20, 2006.

Mahindra Ugine Steel Co. Ltd has informed the Exchange that the Hon'ble High Court, Bombay at its hearing held on February 24, 2006 has approved the petition in respect of Scheme of Amalgamation filed by the Company for Amalgamation between Pranay Sheetmetal Stampings Limited, Console Estate & Investments Limited, Valueline Hotels & Resorts Limited with the Company.

Mahindra Ugine Steel Co. Ltd has informed the Exchange that the Equity Shareholders of the Company at their EGM (Court Convened) held on January 11, 2006 have unanimously approved the Scheme of Amalgamation between Pranay Sheetmetal Stampings Ltd, Valuelines Hotels and Resorts Ltd, Console Estate and Investments Ltd with the Company.

Mahindra Ugine Steel Co. Ltd has informed the Exchange that the BODs of the Company at their meeting held on September 5, 2005 have proposed a compromise or arrangement under sections 391 & 394 of the Companies Act,1956 involving the amalgamation and merger of Pranay Sheetmetal Stampings Ltd. (Pranay) , Console Estate & Investments Ltd. (Console) and Valueline Hotels & Resorts Ltd. (Valueline) with Mahindra Ugine Steel Co. Ltd ('the Company'). The proposed scheme of Amalgamation (the scheme) is subject to the sanction of the Hon'ble High Court of Bombay or such other competent authority. (1)

(c) To the equity shareholders of Valueline: 14 (Fourteen) equity shares of Rs.10/- each fully paid up of the Company to be issued and allotted at par for every 1(one) equity share of Rs.10/- each fully paid up in Valueline.