NRC

Nrc Ltd. has informed the Exchange vide its letter dated October 25, 2007 that: "the Board, at its Meeting held on 24th October, 2007, have designated Shri M.C. Nalwaya as the "Chief Financial Officer"."

Nrc Ltd. has informed the Exchange regarding Proceedings of the Annual General Meeting held on September 21, 2007. 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).<a href=/content/corporate/NRCLimited_ProceedingsAGM.zip target=NEW> For more details click here.</a>

Nrc Ltd. has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2007 and found the same to be in order subject to certain observations. The auditor's observations are: 1) The accounts of certain debtors, creditors, unsecured loans, banks and loans & advances given are subject to confirmations, reconciliation and consequent adjustments, if any, which are presently not ascertainable; 2) During the quarter, the Company has sold 16,51,162 equity shares being investment in Andhra Cement Ltd, pledged with a Ban

Nrc Ltd. has informed the Exchange that the Register of Members and Share Transfer Books will remain closed from September 10, 2007 to September 21, 2007 for the purpose of Annual General Meeting of the Company scheduled to be held on September 21,2007.

Morgan Securities & Credits Pvt. Ltd. has informed the Exchange that they have given a financial assistance of Rs.10,00,00,000/- (Rupees ten crores only) by way of Inter Corporate Deposit (ICD) Facility to M/s. ISG Traders Limited. To secure the due payment of the said ICD Facility given by them to ISG Traders Limited, 33,15,000 equity shares of NRC Limited were pledged with them as security. Further, Since M/s. ISG Traders Limited has defaulted in making the payment in terms of the ICD Facility provided vide Agreement dated March 30, 2005, the pledge become enforceable including the right of

Nrc Ltd. has informed the Exchange that "The Caustic Soda Plant is temporarily stopped by reason of breakdown of brine purification plant. The plant is expected to resume production in 2-3 weeks' time".

Nrc Ltd. has informed the Exchange that " Shri V.C. Vaidya and Shri Shrivardhan Goenka, have resigned from the Board of Directors of the Company. Shri P.K. Mallik has been appointed Director of the Company".

Nrc Ltd. has informed the Exchange that "Shri P. S. Sharma, has resigned from the Board of Directors of the Company w.e.f. 30th May, 2007".

Nrc Ltd. has informed the Exchange that: "Shri P. N. Ghatalia, has resigned from the Board of Directors of the Company".

Nrc Ltd. has informed the Exchange that: "The Company, instead of publishing Provisional Unaudited Financial Results in the month of April, 2007, will publish Audited Financial Results for the year ended 31st March, 2007, on or before June 30, 2007".

Nrc Ltd. has informed the Exchange that "Pursuant to the MoU dated 13.04.2006 the company has executed Agreement for sale, on 1st March, 2007, of the part of the Company's lands at Kalyan, which is subject to necessary clearances/approvals/orders but does not include the land on which the Company's manufacturing activities are carried on".

Nrc Ltd. has informed the Exchange that "(1) Shri Alexander K Luke has been appointed as an Additional Director. (2) Shri P. S. Sharma has resigned as Managing Director of the Company w.e.f 20th February, 2007. However, Shri P.S. Sharma will continue as Director of the Company. (3) Shri Alexander K. Luke has been appointed Managing Director of the Company w.e.f 20th February, 2007".

Nrc Ltd. has informed the Exchange that "Shri T. M. M. Nambiar has resigned from the Directorship of the company w.e.f. 25th January, 2007, on the health ground".

Nrc Ltd. has informed the Exchange that the Company, instead of unaudited half-yearly financial results, shall publish audited half-yearly financial results for the second quarter and half-year ended September 30,2006 on or before November 30,2006.

Nrc Ltd. has informed the Exchange that the shareholders in their AGM held on September 22,2006 have transacted and accorded to the following :- 1) Reappointment of Shri V. C. Vaidya and Shri Ashok Goenka, as the Directors of the Company, liable to retire by rotation. 2) Appointment of M/s. Lodha & Co., Chartered Accountants, as Auditors of the Company from the conclusion of the AGM until the conclusion of the next AGM of the Company on remuneration, terms and conditions. 3) Appointment of Shri T. M. M. Nambiar and Shri Haigreve Khaitan as Director of the Company, liable to retire by rotation.

Nrc Ltd. has informed the Exchange that the operations of the Company's Rayon and Chemicals plants have been restarted which was affected due to labour related incident. Now, the operations of all plants are normal.

Nrc Ltd. has informed the Exchange that operations of the Company's Rayon Plant and Chemicals plant have been affected due to labour related incident. Efforts are being made to resolve the situation. The operations of the Nylon division are normal.

Nrc Ltd. has informed the Exchange that the Company has announced Book Closure from September 08, 2006 to September 22, 2006 for the purpose of Annual General Meeting to be held on September 22, 2006.

Nrc Ltd. has informed the Exchange that the Board of Directors have appointed Shri Haigreve Khaitan as Additional Director of the Company w.e.f. July 24,2006.

Nrc Ltd. has informed the Exchange that the Board of Directors have appointed Shri T.M.M. Namblar as Additional Director of the Company w.e.f. May 20, 2006.

Nrc Ltd. has informed the Exchange that Mr. Ajit Walwaikar, Company secretary and General Manager (Legal) as on the date of assuming office of Director/Officer of the Company on April 12, 2006 hold NIL shares of the Company.

Nrc Ltd. has informed the Exchange that the Company has entered into an MoU for sale of a part of Company's land at Kalyan, which is subject to necessary clearances/approvals/orders and does not include the land on which the Company's manufacturing activities are going on. The Company is expected to received about Rs.167 crores as a result of the above understanding during the next one year or so.

Nrc Ltd. has informed the Exchange the following : (1) The BoDs at their meeting held on April 12, 2006 have accepted the resignation of Shri Vasant N. Kamte from the BoDs w.e.f. April 12, 2006. (2) Also at the Board meeting held on April 12, 2006 had accepted the resignation of Mr. S. Chakraborty, who was Company Secretary & GM(Legal) w.e.f. March 31, 2006. (3) The Company has appointed Shri Ajit P. Walwaikar as Company Secretary w.e.f. April 12, 2006. He will also act as Compliance Officer.

Nrc Ltd. has informed the Exchange that 1) Prudential ICICI Asset Management Co. Ltd. - Portfolio Manager (On behalf of its portfolio clients) have sold 97055 equity shares aggregating to 0.27% of the total paid up capital of NRC Limited on March 31, 2006 and ; 2) Prudential ICICI Asset Management Co. Ltd. - Portfolio Manager (On behalf of its Individual Non-resident Indianclients portfolio clients) have acquired 10,223 shares of the total paid up capital of NRC Limited on March 31, 2006. The mode of sale/acquisition is through Secondary market and the shareholding of Prudential ICICI Asset M

News Verification : The media had reports that NRC Ltd. has sold its 400 acre plot at Mohane Village, outside Kalyan for Rs. 150 crore. 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. NRC Ltd. has vide its letter inter-alia stated, "The Company is pursuing negotiations for development, lease and / or sale of surplus land being made available by making alternative arrangements".

Nrc Ltd. has submitted to the Exchange a copy of the proceedings of the AGM of the Company held on September 16, 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).

Nrc Ltd. has informed the Exchange that Prudential ICICI Asset Management Co. Ltd. has acquired 99,635 equity shares aggregating to 0.28% of the total paid up capital of NRC Limited on September 26, 2005. The mode of acquisition is through Secondary market and the shareholding of Prudential ICICI Asset Management Co. Ltd. after the said acquisition is 17,88,075 shares aggregating to 5.02% of the total paid up capital of NRC Ltd.

Nrc Ltd. has informed the Exchange that Prudential ICICI Asset Management Co. Ltd. has acquired 99,635 equity shares constituting 0.28% of the total capital of NRC Limited. The mode of acquisition is through secondary and the date of acquisition is September 26, 2005. Aggregate holding of Prudential ICICI Asset Management Co. Ltd. after the said acquisition is 1,788,075 shares aggregating to 5.02% of the total share capital of NRC Ltd.

Nrc Ltd. has informed the Exchange that Specified undertaking of the Unit Trust of India has sold 1755055 shares constituting 6.42% of the total share capital of NRC Ltd. during the period May 2004 to June 2005. The shareholding of Specified undertaking of the Unit Trust of India after the said sale is nil shares of NRC Limited.

Prudential ICICI Asset Management Co. Ltd has informed the Exchange that Prudential ICICI Asset Management Co. Ltd. - Portfolio Manager (on behalf of its portfolio clients) and Prudential ICICI Asset Management Co. Ltd. - Portfolio Manager (on behalf of individual NRI clients), has acquired 97193 and 2442 shares respectively of NRC Ltd., on September 26, 2005. The mode of acquisition is Secondary market. The shareholding of Prudential ICICI Asset Management Co. Ltd after the said acquisition is as follows: (1) Prudential ICICI Asset Management Co. Ltd - Portfolio Manager (on behalf of its por

Nrc Ltd. has submitted to the Exchange a copy of the Notice of AGM of the Members of the Company scheduled to be held on September 16, 2005. The details of the AGM Notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Nrc Ltd. has informed the Exchange that the meeting of the BODs of the Company scheduled to be held on July 27, 2005, for consideration of its unaudited quarterly results for the quarter ended June 30, 2005, has been cancelled and the rescheduled date will be intimated in due course.

Nrc Ltd. has informed the Exchange that the Register of Members and Share Transfer Books of the Company will remain closed from September 02, 2005 to September 16, 2005 (both days inclusive) for the purpose of declaration of dividend at the forthcoming AGM of the company scheduled to be held on September 16, 2005.

Clarification of News : The press had reports that NRC Limited might sell its excess land at Kalyan. 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. NRC Limited has vide its letter inter-alia stated, "In terms of the Shareholders approval obtained in the 56th annual General Meeting, the Company is evaluating various alternative options for utilization of land resource available with the Company. The Company is purs

Nrc Ltd. has informed the Exchange that the BODs in their meeting held on April 29, 2005, have recommended a dividend of 12% on the equity shares, subject to shareholders' approval.

Nrc Ltd. has informed the Exchange that the company has entered into an agreement with NIRLON to purchase their 12 tpd Nylon Tyre Yarn Plant and Machinery of Spindraw Technology. The details of the press release issued by the company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Morgan Securities & Credits Pvt. Ltd. has informed the Exchange that they have given an Inter Corporate Deposit of Rs.10 Crores to ISG Traders, Calcutta. The shares as per details given below of NRC Limited have been pledged with Morgan Securities & Credits Pvt. Ltd. towards security of repayment of the said Inter Corporate Deposit: ISG Traders Ltd. has pledged 3025000 shares and Silent Valley Investments Limited has pledged 2,90,000 shares. The details of the acquisition are as follows: Morgan Securities & Credits Pvt. Ltd. have acquired 33,15,000 shares aggregating to 9.31% of the total paid

Nrc Ltd. has informed the Exchange that they have received an intimation from Morgan Securities & Credits Pvt. Ltd. that 33,15,000 equity shares of the Company have been pledged with them by M/s. ISG Traders Limited - 30,25,000 shares and M/s. Silent Valley Investments Limited - 2,90,000 shares. 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).

Clarification of News : The press had reports that NRC Ltd. has sold its real estate in Kalyan (near Mumbai). 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. NRC Ltd. has vide its letter inter-alia stated, " We hereby inform you that the news regarding sale of real estate in Kalyan by the company is incorrect and not based on facts".

Nrc Ltd. has informed the Exchange that the BoD's at their meeting held on September 24, 2004 have noted the following: 1) withdrawal of nomination by ICICI Bank Ltd. of their nominee Shri D K Pal from the BoD's w.e.f. August 05, 2004 by letter of even date; 2) appointed Mr. R C Choudhury, as Nominee Director of IFCI Ltd. not liable to retire by rotation, in terms of the letter dated July 29, 2004 of IFCI Ltd.