MONNETISPA

Monnet Ispat Ltd has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 40008 lacs for quarter ending on 31-DEC-2008 against Rs. 39970 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 3350 lacs for the quarter ending on 31-DEC-2008 against Rs. 6201 lacs for the quarter ending on 30-SEP-2008.

Monnet Ispat Ltd has informed the Exchange that in connection with the Buy Back of Equity Shares by Monnet Ispat & Energy Limited (Monnet) in Compliance with Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 1998 as amended to date (the "Regulations") and in compliance with regulation 12 of the Regulations, company would like to inform that 73,179 Equity Shares have been bought back during the period from December 08, 2008 to December 31, 2008 through market purchase. Details of the Equity Shares extinguished as part of the Buyback process in physical form and in d

Monnet Ispat Ltd has informed the Exchange regarding the Public Announcement made pursuant to the provisions of Regulation 8(1) read with Regulation 15(c) of the SEBI (Buyback of Securities) Regulations, 1998 for the time being in force including any statutory modifications and amendments from time to time and contains the disclosures as specified in Schedule II to these Regulations. Buyback Offer: Pursuant to the Board Meeting of Monnet Ispat & Energy Limited (the "Company" or "Monnet" or "MIEL") held on October 23,2008 (the "Board Meeting") approving the proposal for buyback of its own fully

Monnet Ispat Ltd had informed the Exchange regarding the approval by the Board of Directors for Buyback of Equity Shares of the Company at their meeting held on October 23, 2008. Further the Company has submitted a copy of the Public Notice published on October 25, 2008 in terms of regulation 5(A) of SEBI (Buy Back of Securities) Regulations, 1998. A copy of the notice and the extracts of the minutes of the meeting of the BoDs shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a h

Monnet Ispat Ltd has informed the Exchange that following decisions were taken by the Board in the meeting held on October 23, 2008:- 1) Proposal to buy back shares. The salient features of the buy back are as below: a) The maximum limit of buy back shall be Rs. 750 million which is 7.02% of the paid-up capital & free reserves. b) The Company will buy back minimum 500000 shares. c) The maximum buy back price is Rs. 300/- which is at a premium of 188.56% & 188.73% on the basis of closing prices on October 22, 2008 on the BSE and NSE respectively. 2) Setting up of two new Projects as below: a) P

Monnet Ispat Ltd has submitted to the Exchange a copy of the Proceedings of the Annual General Meeting of the Company held on September 30, 2008. A copy 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/MONNET_Proceedings_AGM_03102008.zip target=NEW> For more details click here.</a>

Monnet Ispat Ltd has informed the Exchange that the Board of Directors, in their meeting held on August 18, 2008, have, inter alia, proposed to obtain the consent of the shareholders: - a) By way of postal ballot process in respect of increasing the powers under Section 293 (1) (a) with regard to mortgating/charging the assets of the Company. b) By way of ordinary resolutions for increasing the borrowing powers of the Company; and c) By way of ordinary resolution for alteration of articles of association of the Company. The Company has appointed M/s. Sanjay Grover & Associates, Company Secreta

Monnet Ispat Ltd has informed the Exchange that the Register of Members and Share Transfer Books of the Company shall remain closed from September 24, 2008 to September 30, 2008 (both days inclusive) for the purpose of : 1. Annual General Meeting to be held on September 30, 2008; 2. For ascertaining entitlement to receive the dividend by the shareholders. The final dividend if approved by the shareholders in the Annual General Meeting shall be paid on October 17, 2008.

Monnet Ispat Ltd has informed the Exchange that the Board of Directors of the Company in its meeting held on August 18, 2008 has recommended a final dividend @ 25% (Rs.2.50 per equity share) subject to the approval of the shareholders in the Annual General Meeting. If approved, it will take the total dividend for the financial year 2007-2008 to 50%. Futher the Company has informed the Exchange regarding the information pursuant to Clause 20 in respect of Annual Accounts for the financial year ended on 2007-08 approved by the Board. The details of the same shall be available on the NSE website

Monnet Ispat Ltd has informed the Exchange that "The Company has increased the paid-up equity share capital by making an allotment of 1112988 equity shares of Rs.10/- each upon conversion of 80 FCCBs due 2011".

Monnet Ispat Ltd has informed the Exchange that: "The Company has increased the paid-up equity share capital by making an allotment of 139123 equity shares of Rs.10/- each upon conversion of 10 FCCBs due 2011".

Monnet Ispat Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on April 28, 2008, inter-alia, considered and approved an Interim Dividend @ 25% on the Paid-up Capital of the Company for the Financial year 2007-08.

Monnet Ispat Ltd has informed the Exchange that "6th May, 2008 has been fixed as the Record Date for the purposes of interim dividend, subject to its declaration by the Board of Directors at their meeting to be held on 28th April, 2008".

News Verification : The media had reports that Monnet Ispat Ltd may set up a 1,000 MW power plant in Indonesia. 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. Monnet Ispat Ltd has vide its letter inter-alia stated, "The Company is only in discussion with the Indonesian authorities for putting up coal fired Power Plant in that country on a pit-head basis. We would like to clarify that nothing has been finalized so

Monnet Ispat Ltd has informed the Exchange that: "The Company has increased the paid-up equity share capital by making an allotment of 979455 equity shares of Rs.10/- each upon conversion of 640 FCCBs due 2010 and 28 FCCBs due 2011".

Monnet Ispat Ltd has informed the Exchange that "The Company has received the requisite authorizations/ approvals/ permissions from the Board of Directors, Shareholders and Stock Exchanges for the issue and allotment of 50,00,000 warrants convertible into equal number of shares within a period of 18 months from the date of their allotment. Accordingly, the Company has allotted 50,00,000 warrants to the proposed allottees that will be convertible into an equal number of equity shares of Rs. 10/- each at a price of Rs. 418.50 per share. These warrants have been allotted subject to lock-in during

Monnet Ispat Ltd has informed the Exchange that: "The Company has increased the paid-up equity share capital by making an allotment of 375633 equity shares of Rs.10/- each upon conversion of 27 FCCBs due 2011".

Monnet Ispat Ltd has informed the Exchange that: "The Company has increased the paid-up equity share capital by making an allotment of 1429554 equity shares of Rs.10/- each comprising of 1290431 Equity Shares allotted upon conversion of 1400 FCCBs due 2010 and 139123 Equity Shares allotted upon conversion of 10 FCCBs due 2011".

Monnet Ispat Ltd has informed the Exchange that: "The Company has increased the paid-up equity share capital by making an allotment of 11043425 equity shares of Rs.10/- each upon conversion of 75 FCCBs due 2011".

Monnet Ispat Ltd has informed the Exchange that: "The Company has increased the paid-up equity share capital by making an allotment of 1290431 equity shares of Rs.10/- each upon conversion of 1400 FCCBs due2010".

Monnet Ispat Ltd has informed the Exchange that "The Company has increased the paid-up equity share capital by making an allotment of 944313 equity shares of Rs. 10/- each comprising of 276521 Equity Shares allotted upon conversion of 300 FCCBs due 2010 and 667792 Equity Shares allotted upon conversion of 48 FCCBs due 2011".

Monnet Ispat Ltd has informed the Exchange that : "The Company has increased the paid-up equity share capital by making an allotment of 849723 equity shares of Rs. 10/- each comprising of 571476 Equity Shares allotted upon conversion of 620 FCCBs due 2010 and 278247 Equity Shares allotted upon conversion of 20 FCCBs due 2011".

Monnet Ispat Ltd has informed the Exchange vide its letter dated December 13, 2007 that "The Board of Directors at its meeting held on date have passed a resolution authorizing the following, subject to the approval of the Members at an Extra-ordinary General Meeting to be held on January 11, 2008: "The issue of upto 5,000,000 warrants to the promoters of the Company with the right to apply, upon conversion, for an aggregate of 5000,000 equity shares of Rs. 10/- each after adjusting the amount paid-up in respect of each warrant. The pricing of warrants and consequent shares arising out of warr

Monnet Ispat Ltd has informed the Exchange that: "The Company has increased the paid-up equity share capital by making an allotment of 2103283 equity shares of Rs.10/- each comprising of 1825037 Equity Shares allotted upon conversion of 1980 FCCBs due 2010 and 278246 Equity Shares allotted upon conversion of 20 FCCBs due 2011".

Monnet Ispat Ltd has informed the Exchange that "The Company had entered into an agreement for development and supply of iron ore mine of 30 million tonne for captive use. The arrangement envisaged in the agreement has fallen into dispute and the Company is not getting any iron ore from the said mine for the time being".

Monnet Ispat Ltd has informed the Exchange that: "The Company has increased the paid-up equity share capital by making an allotment of 695617 equity shares upon conversion of 50 FCCBs due 2011".

Monnet Ispat Ltd has informed the Exchange that: "The Company has increased the paid-up equity share capital by making an allotment of 92173 equity shares upon conversion of 100 FCCBs due 2010".

Monnet Ispat Ltd had informed the Exchange vide its letter dated October 22, 2007 that the Company has increased the paid-up equity share capital by making an allotment of 570401 equity shares upon conversion of 41 FCCBs due 2011. The Company has now informed the Exchange vide its letter dated October 23, 2007 that due to typographical error, the number of shares allotted have been mentioned as 570401. The same should be read as 570405.

Monnet Ispat Ltd has informed the Exchange that: "The Company has increased the paid-up equity share capital by making an allotment of 1253560 equity shares upon conversion of FCCBs due 2010".

Monnet Ispat Ltd has informed the Exchange that: "The Company has increased the paid-up equity share capital by making an allotment of 570401 equity shares upon conversion of 41 FCCBs due 2011".

Monnet Ispat Ltd has informed the Exchange that: "The Company has increased the paid-up equity share capital by making an allotment of 276520 equity shares upon conversion of 300 FCCBs due 2010".

Monnet Ispat Ltd has informed the Exchange that: "The Company has increased the paid-up equity share capital by making an allotment of 553041 equity shares upon conversion of 600 FCCBs due 2010".

Monnet Ispat Ltd has informed the Exchange that the Register of Members and Share Transfer Books of the Company shall remain closed from September 21, 2007 to September 28, 2007 (both days inclusive) in connection with the Annual General Meeting of the Company to be held on September 28, 2007.

Monnet Ispat Ltd has informed the Exchange that "the Corporate Office of the Company has been shifted to the following address. It is, therefore, requested that all the future correspondence may kindly be done at the following address: Monnet House, 11, Masjid Moth, Greater Kailash - II, New Delhi - 110048".

Monnet Ispat Ltd has informed the Exchange that: "Company has increased the paid-up equity share capital by making an allotment of 184347 equity shares upon conversion of 200 FCCBs due 2010".

Monnet Ispat Ltd has informed the Exchange that: "Company has increased the paid-up equity share capital by making an allotment of 92173 equity shares upon conversion of 100 FCCBs due 2010".

Monnet Ispat Ltd has informed the Exchange that: "The Company has increased the paid-up equity share capital by making an allotment of 368694 equity shares upon conversion of 400 FCCBs due 2010".

Monnet Ispat Ltd has informed the Exchange that: "The Company has increased the paid-up equity share capital by making an allotment of 553041 equity shares upon conversion of 600 FCCBs due 2010".

Monnet Ispat Ltd has informed the Exchange that "The Board of Director of the Company at their meeting held on March 15, 2007, inter-alia, considered and approved the Interim Dividend @ 25% on the Paid-up Capital of the Company being the 2nd Interim Dividend which will take the total Interim Dividend declared so far to 45% for the Financial Year 2006-07. The Board has further discussed to consider the Final Dividend at the stage of consideration of the Annual Accounts for the year 2006-07. The Company has alreday communicated March 23, 2007 as the record date for ascertaining the entitlement o

Monnet Ispat Ltd has submitted to the Exchange a copy of the following documents to the house-hold of all the shareholders:- 1) Half-yearly results for the period ended September 30,2006. 2) Communique by Exec. Vice Chairman & Managing Director to its shareholders giving summary of significant events etc. A copy 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/Monnet_inv_02012007.zip target=NEW> For more details click here.</a>

Monnet Ispat Ltd has informed the Exchange that the Board of directors of the company in its meeting held on October 30, 2006 have declared interim dividend of 20% (Rs. 2/- per share of Rs. 10/- each). The record date for ascertaining the entitlement of dividend shall be November 7, 2006.

Monnet Ispat Ltd has informed the Exchange that November 07, 2006 has been fixed as the Record Date for the purposes of dividend, if declared by the Board of Directors at their meeting to be held on October 30, 2006.

Monnet Ispat Ltd has informed the Exchange that the Company has signed a Memorandum of Understanding with Orissa Government for development of 1000 MW coal based power plant in Angul Distt. in the State of Orissa, at a total cost of Rs. 4,200.00 Crores. The project is proposed to be implemented in two phases of 600MW & 400MW. Phase - I of 600MW is expected to be completed within a period of 3 years. The project is being implemented close to the coal mine owned by the Company. The project will be set-up in a separate company which will be a subsidiary of Monnet Ispat & Energy Ltd.

Monnet Ispat Ltd has informed the Exchange that the Register of Members and Share Transfer Books of the Company shall remain closed from September 22,2006 to September 29,2006 (both days inclusive) in connection with the AGM of the Company to be held on September 29,2006.

Monnet Ispat Ltd has informed the Exchange that the the Board has announced an Additional Interim Dividend of 15% for the F/Y 2005-06. The Company has further informed that Shri. Hari Pandey, Director has resigned from the directorship of the Company w.e.f. June 30, 2006. The Board has simultaneously filled the vacancy on the Board by appointing Shri. V. N. Kedia a director in his place.

Monnet Ispat Ltd has informed the Exchange that July 05,2006 has been fixed as the Record Date for the purpose of ascertaining entitlement of shareholders to receive additional interim dividend, if declared by the Board of Directors at their meeting to be held on June 30,2006.

Monnet Ispat Ltd has informed the Exchange that Shri Nagendra Singh, Director, has resigned from the Board of the Company w.e.f. May 25, 2006.

Monnet Ispat Ltd has informed the Exchange that the committee of the Board of Directors of the Company on April 25, 2006 has allotted 1,84,347 equity shares by converting 200 Nos. of 1% Foreign Currency Convertible Bonds of US$ 5000 each due 2010. After the Said conversion, the paid up capital of the Company stands increased to Rs.34,34,67,720 consisting of 3,43,46,772 equity shares of Rs.10/- each.

Monnet Ispat Ltd has informed the Exchange that the Company has increased the equity share capital by making an allotment of 1659125 equity shares upon conversion of 1800 FCCBs due on 2010.

Monnet Ispat Ltd has informed the Exchange that the Company has increased the equity share capital by making an allotment of 1659125 equity shares upon conversion of 1800 FCCBs due on 2010.