NETFINCO

Members of the Exchange are hereby informed that the trading in equity shares of Netflier Finco Limited shall be suspended w.e.f. November 21, 2008 (i.e. closing hours of trading on November 20, 2008) on account of Scheme of Amalgamation of Netflier Finco Limited with Bengal & Assam Company Limited.

Netflier Finco Limited has informed the Exchange that the Scheme of Amalgamation between Ashim Investment Company Limited (AICL) and its 4 wholly-owned subsidiaries namely Mayfair Finance Limited, Sidhi Vinayak Investment Limited, Terrestrial Finance Limited and Yashodhan Investment Limited and Netflier Finco Limited (NFL) and its 4 wholly-owned subsidiaries namely Hansdeep Investment Limited, Hidrive Finance Limited, Panchanan Investment Limited and Radial Finance Limited into and with Bengal & Assam Company Limited (BACL), has been sanctioned by the Hon'ble High Court of Delhi on August 22,

Netflier Finco Limited has informed the Exchange that by an order made on March 07, 2008, the Hon'ble High Court of Delhi at New Delhi, has directed that a meeting of the Equity Shareholders of the Applicant / Transferor Company No. 6 (Netflier Finco Limited), be held on May 14, 2008, for the purpose of considering, an if thought fit, approving with or without modification(s), the proposed Scheme of Amalgamation between Ashim Investment Company Limited and its wholly-owned subsidiaries - Mayfair Finance Limited, Sidhi Vinayak Investment Limited, Terrestrial Finance Limited and Yashodhan Invest

Netflier Finco Limited has informed the Exchange that the financial year of the Company has been duly extended by 6 months accordingly the financial year 2006-2007 will be for 18 months commencing from 1st October 2006 to 31st March 2008".

Netflier Finco Limited has informed the Exchange that "Smt Neha Saluja has been appointed as Asst. Company Secretary and Compliance Officer of the Company in place of Shri Anand Kumar Das who ceased to be the Dy. Company Secretary and Compliance Officer of the Company. The address and telephone no. of the Compliance officer is as follows: Smt Neha Saluja, Asst, Company Secretary, Netflier Finco Limited, Secretarial Department, 3rd Floor, Gulab Bhawan (Rear Block), 6A, Bhadur Shah Zafar Marg, New Delhi-110002, Ph. : 91-11-23311112-5 (Extn.468) Fax: 91-11-23716670, 23739475".

Netflier Finco Limited has informed the Exchange that : " The Board of Directors of the Company at their meeting held today i.e. 31st October 2007 have given their in principle approval for the proposal for amalgamation of the Company together with its four wholly subsidiaries with Bengal & Assam Company Ltd."

Netflier Finco Limited has informed the Exchange that the Company has designated an e-mail ID of the Compliance officer exclusively for the purpose of registering complaints by investors and the same is as follows: investornfl@jkmail.com.