MANALIPET

Manali Petrochemicals Ltd has informed the Exchange the following :- (1) The Hon'ble High Court of Madras vide its orders dated March 15, 2006 approved the reduction of face value of the paid-up share capital from Rs. 10/- to Rs.7.50 per share. Accordingly the paid-up capital has been reduced with the face value of Rs. 7.50 per share for financial year ended March 31, 2006. (2) The shareholders, at the AGM held on August 19, 2006, passed a resolution under Sec. 94 and other applicable provisions of the Companies Act, 1956, to consolidate two shares of Rs. 7.50 per share into three shares of Rs

Manali Petrochemicals Ltd had informed the Exchange regarding the Book Closure from August 10, 2006 to August 19, 2006 (both days inclusive) for the purpose of Annual General Meeting to be held on August 19, 2006. The company has now further informed that the above dates are for the purpose of AGM as well as Dividend.

Manali Petrochemicals Ltd has informed the Exchange that the Company has announced Book Closure from August 10, 2006 to August 19, 2006 (both days inclusive) for the purpose of Annual General Meeting to be held on August 19, 2006.