NISSAN

Nissan Copper Limited has informed the Exchange that the Shareholders of the Company present at the Annual General Meeting held on August 23, 2011, have not approved the declaration of final dividend for the financial year 2010-11. Further the Company has informed that, the book closure from August 18, 2011 to August 22, 2011 (both the days inclusive), which was intimated earlier for the purpose of final dividend and Annual General Meeting, will now be considered only for the purpose of Annual General Meeting.

Nissan Copper Limited has informed the Exchange vide its letter dated August 23, 2010 that the upcoming facility in Khanvel, Silvassa to manufacture copper tubes for Air-conditioning, refrigeration and plumbing applications with the latest Cast and Roll Technology will start trial partial production of first phase within next 15 days. The project is first of its kind in India, and is a 100% Import Substitute. Once the project is fully implemented it would : (1) Increase the production capacity of the Company's Copper Pipe by 400% (from current 3000 MTPA to 15000 MTPA); (2) Increase the turnove

Nissan Copper Limited has informed the Exchange that the meeting of the Board of Directors held on February 26, 2009 inter-alia considered and approved the request received from the independent investors and Promoters for the surrender of equity share warrants, allotted to them on preferential basis on August 14, 2008 as per the members' resolution passed on July 19, 2008. Accordingly it was decided to cancel the entire surrendered 70,00,000 equity share warrants. Further, it was also decided to forfeit the amount of Rs.3,22,00,000/- (Three Crore Twenty Two Lakhs Only) received from the allott

Nissan Copper Limited has informed the Exchange that the meeting of the Board of Directors was held on January 30, 2008, in which the Board approved the revision in terms of remuneration of Mr. Ratanlal Mardia, Managing Director and Mr. Sanjay Mardia, Executive Chairman of the Company, within the permissible limit of Schedule XIII of the Companies Act, 1956. Accordingly, an abstract under section 302 of the Companies Act, 1956 as sent to the Members of the Company. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements a