NIRMA

Nirma Ltd. has informed the Exchange that at the Meeting of the Board of Directors of the Company held on October 28,2006, Shri Pankaj R. Patel has been appointed as an Additional Director on the Board of the Company, pursuant to Section 260 of the Companies Act, 1956.

Nirma Ltd. has informed the Exchange that Mr. Paresh B. Sheth has been appointed as the Company Secretary as well as the Compliance Officer of the Company.

Nirma Ltd. has informed the Exchange that the AGM of the Company was held on September 29,2006. The Members have passed the following resolution unanimously: 1) Declared the dividend @6% on Preference shares and 75% on equity shares, as recommended by the Board of Directors of the Company. 2) Resolved not to reappoint Shri M. R. Shroff, who retired by rotation and further resolved not to fill the vacancy created. 3) Approved the reappointment of Shri A.P. Sarwan as Director, who retired by rotation. 4) Approved the reappointment of Shri Kaushikbhai N. Patel as Director, who retired by rotation

Nirma Ltd. has informed the Exchange that the Annual General Meeting of the Members of the Company will be held on Friday September 29, 2006. The Registers of Member and Share Transfer Book will remain close from September 15, 2006 to September 29, 2006 for the purpose of determining the right of equity shareholders of the Company to receive dividend for the year 2005-06 and for the purpose of Annual General Meeting. The Company has further informed that the said dividend, if approved, will be paid on or after October 03, 2006.

Nirma Ltd. has informed the Exchange that the Board of Directors in its Meeting held on August 30, 2006 have recommended, subject to approval of the Members at the ensuring AGM, payment of dividend @75% i.e Rs.7.50 per equity share for the year 2005-2006.

News Verification : The media had reports on July 17, 2006 that Nirma Ltd. is close to acquiring a US-based linear alkyl benzene (LAB) manufacturing firm. 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. Nirma Ltd. has vide its letter inter-alia stated, "The news item is factually incorrect and is expressly denied by the company. There are no business developments as reported in the news item."

News Verification : The media had reports that Nirma Ltd. is close to acquiring a US-based linear alkyl benzene (LAB) manufacturing firm. 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. Reply is awaited from Nirma Ltd.

Nirma Ltd. has informed the Exchange that Shri Hitesh K Chawda has tendered his resignation from the position of the Dy.Company Secretary and Compliance Officer of the Company and has been relieved with effect from May 20,2006 after Office hours.

Nirma Ltd. has submitted to the Exchange a copy of the Abstract & Memorandum of interest under section 302 of the Companies Act, 1956 pusuant to the revision in salary of the Executive Director and Appointment of the Managing Director of the company. The details 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).

Nirma Ltd. has informed the Exchange that the Board of Directors at their meeting held on April 29, 2006 has decided as under :- 1) Appointment of Shri Rakeshbhai K. Patel as Vice-Chairman of the Company. 2) Appointment of Shri Hirenbhai K. Patel as Managing Director and remuneration, subject to the necessary approval of the shareholder at the next AGM. 3) Revision in the remuneration of Shri Kalpeshbhai A. Patel, Executive Director subject to the necessary approval of the shareholder at the next AGM. Further, to state that Shri Karsanbhai K. Patel, whose tenure as Managing Director expired on

Nirma Ltd. has informed the Exchange that Mr. Hitesh K. Chawda has been appointed as the Dy. Company Secretary as well as the Compliance officer of the Company with effect from March 6,2006.

Nirma Ltd. has informed the Exchange that Shri Anil C. Shah has tendered his resignation from the position of the Dy. Company Secretary and Compliance Officer of the Company and the Company has accepted his resignation with effect from January 31, 2006.

Nirma Ltd. has informed the Exchange that the Company is entering into new business activities of manufacturing Drugs and Pharmaceuticals items, as permitted under the Object Clause of the Memorandum of Association of the Company, as decided by the Board of Directors at its meeting held on January 21, 2006.

Nirma Ltd. has informed the Exchange that Court convened Meetings of the Equity Shareholders and Preference Shareholders were held on November 29, 2005 as per Order of High Court dated October 28, 2005. At the Meeting, the Members have considered, discussed and approved the Composite Scheme of Compromise and Arrangement under Section 78,100,391 to 394 of the Companies Act, 1956 between Core Healthcare Limited, its lenders ('CHL') and shareholders and Nirma Limited and its Shareholders ('NL') with following modifications in the scheme: (1) As an integral part of the Scheme, only upon the Scheme

(2) In consideration for the transfer of and vesting of the assets and liabilities of Demerged Undertaking of CHL into NL, 1 (one) equity share of Rs.5/- each of NL be issued for 80 (eighty) equity shares of Rs.10/- each fully paid up equity shares held in CHL and 1 (one) equity share of Rs.5/- each of NL be issued for 235 (two hundred thirty five) partly paid up equity shares of Rs.10/- each held in CHL, on which Rs.8/- is paid up. (as per the draft scheme, 1 (one) equity share of Re.1/- each of NL be issued for 16 (sixteen) equity shares of Rs.10/- each fully paid up equity shares held in CH

(3) Equity Shareholders - Approval to the Scheme: In Favour - 106 Nos; 98.15% Total present; 64390244 shares held; 99.99% Total holding of the members present. Against - Nil; % of Total present - Nil; Shares held - Nil; % of Total holding of the members present. - Nil. Invalid - 2 Nos; 1.85% total present; 392 shares held; 0.01% Total holding of the members present. (4) Preference Holders - Approval to the Scheme: In Favour - 7 Nos; 100% Total present; 279285 shares held; 100% Total holding of the members present. Against - Nil; % of Total present - N.A.; Shares held - N.A.; % of Total holdin

Nirma Ltd. has informed the Exchange that the BODs, at the meeting held on October 24, 2005 have approved the Composite Scheme of Compromise and Arrangement (Scheme), under Section 78, 10 and 391 to 394 of the Companies Act, 1956 by way of demerger of Demerged Undertaking (defined in the Scheme) of Core Healthcare Limited with Nirma Limited. The salient features of the Scheme are as follows: (1) The Scheme is for the Demerger of the Demerged Undertaking (as defined in the Scheme) of the Core Healthcare Limited,its lenders(' CHL') and merged into Nirma Limited and its shareholders('NL'). (2) Th

Nirma Ltd. has submitted to the Exchange a copy of the Minutes of the AGM of the members held on September 27, 2005. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Nirma Ltd. has informed the Exchange that the AGM of the Members of the Company was held on September 27, 2005. The Members have (1) Declared the dividend @50%, as recommended by the Board of Directors of the Company; (2) Approved reappointments of Shri Rajendra D. Shah, Shri Rakeshbhai K. Patel and Shri Hirenbhai K. Patel, Directors and (3) Approved the sitting fee payable to the Directors for attending the Board Meetings.

Nirma Ltd. has informed the Exchange that the Company has fix up to close the register of members and share transfer books of the company from the September13, 2005 to September 27, 2005 (both the days inclusive) for the purpose of determining the right of equity shareholders of the company to receive dividend for the year 2004-2005 and for the purpose of AGM*. * The BODs of the Company have recommended dividend @ 50% i.e. Rs. 5/- per equity share, subject to the approval by the members of the Company at their ensuing AGM to be held on September 27, 2005. The said dividend, if approved, will b

Clarification of News : The press had reports that Nirma Limited has acquired the SK Birla group-controlled Saurashtra Chemicals from Asset Reconstruction Company of India Limited (ARCIL) for an enterprise value of over Rs 300 crore. The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Nirma Limited has vide its letter inter-alia stated, "We wish to inform you that the Company has not acquired any stake in Saurashtra Ch

Nirma Ltd. has informed the Exchange that The Stock Exchange, Ahmedabad has vide its letter dated March 11,2005 informed the Company that the securities of the Company are delisted from The Stock Exchange, Ahmedabad w.e.f March 14,2005.

Nirma Ltd. has informed the Exchange that the BODs of the Company have decided to acquire Undertakings of Core Health Care Limited(CHL) situated at Vilalge Sachana,District Ahmedabad. The Company has negotiated the said acquisition with CHL and Assets Reconstruction Company(India) Limited,(ARCIL),a securitization and reconstruction Company registered with the Reserve Bank of India under section 3 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Act,2002.Pursuant to the negotiations and approval of the BODs,the Company has entered into a Tripartite Agreem

Nirma Ltd. has informed the Exchange that the auditors have conducted the limited review for the unaudited financial results for the period ended June 30, 2004 and found the same to be in order subject to certain observations. The observations are: Nirma Limited had reopened its Annual Accounts for the accounting year 2002-03 and recorded financial transactions for the period February 01, 2003 to March 31, 2003 of operating division of demerged company, as per the Order of the Hon'ble High Court of Gujarat dated August 03, 2004. Written Down Value of Licence fee of Rs.94.74 Crores as on Februa

Nirma Ltd. has informed the Exchange that at the EGM and AGM of the company held on September 30, 2004, the shareholders have approved the following: 1) Delisting of securities from The Stock Exchange, Ahmedabad; 2) Appointment of Shri Kalpeshbhai A Patel as the Executive Director for a period of five years w.e.f. April 01, 2004. 3. Revised Balance Sheet as at March 31, 2003, Revised Profit and Loss Account for the year ended on that date and the Reports of Directors and Auditors thereon.