NAHAREXP

Nahar Exports Ltd had informed the Exchange that the Board decided to give one last opportunity to those shareholders who did not pay the Allotment Money, to pay the Allotment Money due alongwith interest thereon and issued forfeiture notice dated April 08,2006 and November 03,2006. Inspite of the above forfeiture notice which were sent by Registered post, some shareholders have not paid the Allotment Money alongwith interest due thereon. The company has now informed the Exchange that in view of the above the Board in their meeting held on 15th Jan., 2007 has forfeited 349336 Equity shares on

Members of the Exchange are hereby informed that the trading in equity shares of Nahar Exports Ltd. shall be suspended w.e.f. January 24, 2007 (i.e. closing hours of trading on January 23, 2007) on account of Scheme of Demerger and Arrangement.

Nahar Exports Ltd has informed the Exchange that: "The Hon'ble Punjab & Haryana High Court at Chandigarh vide its Order dated 21st Dec., 2006 has sanctioned the Scheme of Demerger and Arrangement between Nahar Spinning Mills Limited and Nahar Exports Limited. The appointed date of the said demerger and arrangement as approved by the Hon'ble High Court is 1st day of April, 2006. Further we would like to inform you that as per the Scheme of Demerger and Arrangement sanctioned by the Hon'ble High Court, upon demerger and transfer of textile undertaking of Nahar Exports Limited to Nahar Spinning M

Nahar Exports Ltd has informed the Exchange that: "The Board of Directors have decided to close the Register of Members & Share Transfer Books on Friday the 2nd day of February, 2007 for the purpose of determining the shareholders who shall be eligible to get equity shares as per the scheme of demerger and arrangement".

Nahar Exports Ltd has informed the Exchange that "on the basis of the report submitted to the Board by Sh. J.P.Gupta, a Senior Chartered Accountant who was appointed as scrutinizer for conducting the postal ballot under section 192A of the Companies Act, 1956, the resolution regarding the change in the object clause of the Memorandum of Association of the company as mentioned in the postal ballot notice dated 27.11.2006 has been carried as Special Resolution as per the requirement of the Act". A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates

Nahar Exports Ltd has informed the Exchange that pursuant to Section 192A(2) of the Companies Act, 1956 ('Act'), read with the Companies (Passing of Resolution by Postal Ballot) Rules, 2001, the below mentioned draft Special resolution is proposed to be passed by postal ballot : Special Resolution under section 17 read with section 192A and other applicable provisions of the Companies Act, 1956 as per the Draft Special Resolution circulated to the Shareholders. The company has appointed Mr. J.P. Gupta, a Senior Chartered Accountant of Ludhiana as scrutinizer for conducting the postal ballot pr

Nahar Exports Ltd has informed the Exchange that the company has allotted 12% Un-Secured fully convertible Debentures of Rs.230/- each ( hereinafter referred to as 'Debenture) issued on rights basis in terms of Letter of Offer dated September 10,1994 and dispatched partly paid up shares/ debentures alongwith Allotment Money notice dated December 05,1994. As per the terms of Debentures, Part-A, of Rs. 60/- each was compulsorily and automatically converted into 1(one) equity Share of Rs.10/- each at a premium of Rs. 50/- per share immediately on allotment and Part-B of Rs. 170/- of the Debenture

Nahar Exports Ltd has informed the Exchange that the AGM of the members of the company will be held on September 30,2006.

Nahar Exports Ltd has informed the Exchange that Mr. G. S. Dhiman, Director of the Company has resigned from the Board of Directors w.e.f. September 07, 2006.

Nahar Exports Ltd has informed the Exchange that the Hon'ble Punjab & Haryana High Court vide its Order dated August 17,2006 has directed the company that seperate meeting(s) of the Equity Shareholders, Secured and Unsecured creditors be held for the purpose of considering, and if thought fit, approving with or without modification, the composite scheme of Demerger and Arrangement between Nahar Exports Limited, Nahar Spinning Mills Limited and Nahar Capital and Financial Services Limited. The company has further informed the Exchange that in pursuance of the said order and as directed therein,

Nahar Exports Ltd has informed the Exchange that the Register of Members and Share Transfer Books will remain closed from September 20, 2006 to September 30, 2006 (both days inclusive) for the purpose of dividend on the Equity Shares for the year 2005-06.

Nahar Exports Ltd has informed the Exchange that the Board of Directors in their meeting held on June 07, 2006 have recommended Dividend @ 15% (i.e. Rs.1.5 per share) on the equity Share capital for the year 2005-2006.

Nahar Exports Ltd has informed the Exchange that the Board in its meeting held on March 30, 2006 have approved the scheme of Demerger and Arrangement between Nahar Spinning Mills Limited (hereinafter referred to as 'NSML') and Nahar Exports Limited (hereinafter referred to as 'NEL'). Pursuant to the scheme, company' s Textile business is proposed to be hived off and shall vest in NSML (post demerger of investment business) in accordance with the terms of the Scheme. Upon coming into effect of the scheme and vesting of the textile business of company in NSML (post demerger of investment busines

Nahar Exports Ltd has informed the Exchange that in the minutes of the AGM of the Company held on September 28, 2005, due to a typographical mistake, the name of Mr. DInesh Gogna has been shown as Dr. (Mrs) Dinesh Gogna at item No.6 of the minutes.

Nahar Exports Ltd had informed the Exchange that the BoD's have recommended Dividend @15% on the Equity Share Capital for the year 2004-2005. The Company has further informed that the Shareholders of the company have approved the dividend in their AGM held on September 28, 2005 and the company proposes to pay the dividend by October 03 or 04, 2005.

Nahar Exports Ltd has informed the Exchange that all the items of the Notice of AGM have been passed unanimously at the AGM held on September 28, 2005. A copy of the minutes 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).

Nahar Exports Ltd has informed the Exchange that the Register of Members and Share Transfer Books will remain closed from September 16, 2005 to September 28, 2005 (both days inclusive) for the purpose of dividend on the Equity Shares for the year 2004-05.

Nahar Exports Ltd has informed the Exchange that the BoD's of the Company at their meeting held on June 4, 2005 has recommended dividend @ 15% on the Equity share capital for the financial year 2004-2005.

Nahar Exports Ltd has informed the Exchange that the company's application for voluntary delisting of its equity shares from the Ludhiana Stock Exchange, Delhi Stock Exchange and Ahmedabad Stock Exchange have been accepted and the company's equity shares stand delisted from all the said Stock Exchanges.

Nahar Exports Ltd has informed the Exchange that the BoD's have recommended Dividend @15% on the Equity Share Capital for the year 2003-2004. The Shareholders of the company have approved the dividend in their AGM held on September 30, 2004 and the company proposes to pay the dividend by October 07, 2004.