NAHARINTL

Members of the Exchange are hereby informed that the trading in equity shares of Nahar International Ltd shall be suspended w.e.f. April 21, 2005 (i.e. closing hours of trading on April 20, 2005) on account of Scheme of Amalgamation of Nahar International Limited with Nahar Industrial Enterprises Limited.

Nahar Industrial Enterprises Ltd has informed the Exchange that April 29, 2005 has been fixed as Record Date for the purpose of determining the names of the members in Nahar International Limited (NINL) who would be entitled to get equity shares of Nahar Industrial Enterprises Limited (NIEL) in terms of the Scheme of Amalgamation of Nahar International Limited with Nahar Industrial Enterprises Limited, sanctioned by the Hon'ble High Court of Pubjab & Haryana, Chandigarh vide its order dated March 04, 2005 in the following swap ratio: 1) 3 fully paid up equity shares of Rs. 10/- each of NIEL fo

Nahar International Ltd has informed the Exchange that the Ludhiana Stock Exchange Association Limited vide letter dated March 12,2005 have approved that the securities i.e. equity shares of the Company have been delisted w.e.f. March 12,2005.

Nahar International Ltd has informed the Exchange that the Hon'ble High Court of Punjab and Haryana on March 04, 2005 had approved the Scheme of Amalgamation of Nahar International Limited and Nahar Sugar & Allied Industries Limited with Nahar Industrial Enterprises Ltd..

Nahar International Ltd has informed the Exchange that :1)J L Growth Fund Limited acquired 2877470 Equity Shares aggregating to 9.88% of the share capital of Nahar International Limited on December 15,2004.The mode of acquisition is by way of Inter-se-transfer. The shareholding of J L Growth Fund Limited after the said acquisition is 3424982 shares aggregating to 11.76% of the share capital of the company. 2)Atam Vallabh Financiers Limited acquired 727567 Equity Shares representing 2.50% of the share capital of Nahar International Limited on December 15,2004. The mode of acquisition is by way

Nahar International Ltd has informed the Exchange that the BODs of the Company in its meeting held on December 08, 2004 has decided to transfer the Equity Shares held by it in the Companies as detailed under : 1) Name of the Co. - Nahar Industrial Enterprises Limited; No. of Equity Shares - 22,38,265; Price Per Equity Share - Rs.65.97; Name of the Acquirer - Vardhman Investment Limited. 2) Name of the Co. - Nahar Sugar & Allied Industries Limited; No. of Equity Shares - 28,35,200; Price Per Equity Share - Rs.18.81; Name of the Acquirer - J. L. Growth Fund Limited. The above price has been cal

ATAM Vallabh Financiers Limited has informed the Exchange that the BODs of the Company in their meeting held on December 08,2004 have decided to acquire 727567 Equity Shares representing 2.50% of the share capital of Nahar International Limited from Nahar Sugar & Allied Industries Limited. The acquisition price per share is Rs.16.45 and the date of proposed acquisition is December 15,2004. The mode of proposed acquisiton is by way of Inter-se-transfer. The shareholding of ATAM Vallabh Financiers Limited after the proposed acquisition will be 831627 shares amounting to 2.85% of the share capit

J L Growth Fund Limited has informed the Exchange that the BODs of the Company in their meeting held on December 08,2004 have decided to acquire 28,77,470 Equity Shares representing 9.88% of the share capital Nahar International Limited from Nahar Industrial Enterprises Ltd. The acquisition price per share is Rs.16.45 and the date of proposed acquisition is December 15,2004.The mode of proposed acquisiton is by way of Inter-se-transfer. The shareholding of J L Growth Fund Limited after the proposed acquisition will be 34,24,982 shares amounting to 11.76% of the share capital of the company.

Nahar International Ltd has informed the Exchange that the Court of Punjab & Haryana at Chandigarh has directed that meeting of the equity shareholders, Secured Creditors and Unsecured Creditors of Nahar International Limited will be held on November 27, 2004, for the purpose of considering and if thought fit approving, with or without modification, the Scheme of Amalgamation of Nahar International Limited (NINL) and Nahar Sugar & Allied Industries Limited (NSAIL) with Nahar Industrial Enterprises Limited (NIEL). Upon the Scheme being sanctioned by the Hon'ble High Court of Punjab & Haryana at