POLARIND

Anil Agarwal has informed the Exchange that he has purchased 18,000 (0.13%) shares of Polar Industries Ltd through Off Market (Inter Se Transfer). After this purchase, the holding of Anil Agarwal will be 28,39,928 shares (20.83%).

Savitri Devi Agarwal has informed the Exchange that she has sold 1,25,135 (0.92%) shares of Polar Industries Limited through Off Market (Inter Se Transfer). After this sale, the holding of Savitri Devi Agarwal will be 795 shares (0.01%).

Concrete Consultancy Services (P) Ltd. has informed the Exchange that they have purchased 1,77,135 (1.30%) shares of Polar Industries Ltd through Off Market (Inter Se Transfer). After this purchase, the holding of Concrete Consultancy Services (P) Ltd. will be 5,10,348 shares (3.74%).

Vinita Agarwal has informed the Exchange that she has sold 21,000 (0.15%) shares of Polar Industries Ltd through Off Market (Inter Se Transfer). After this sale, the holding of Vinita Agarwal will be 40,467 shares (0.30%).

Anil Agarwal has informed the Exchange that he has purchased 5,000 (0.04%) shares of Polar Industries Ltd through Off Market (Inter Se Transfer). After this purchase, the holding of Anil Agarwal will be 28,21,928 shares (20.70%).

Higain Consultancy Services (P) Ltd. has informed the Exchange that they have sold 5,000 (0.04%) shares of Polar Industries Ltd through Off Market (Inter Se Transfer). After this sale, the holding of Higain Consultancy Services (P) Ltd. will be 79,000 shares (0.58%).

Arunima Investment (P) Ltd. has informed the Exchange that they have sold 31,000 (0.23%) shares of Polar Industries Ltd through Off Market (Inter Se Transfer). After this sale, the holding of Arunima Investment (P) Ltd. will be 3,50,706 shares (2.57%).

Polar Industries Ltd has informed the Exchange regarding pledge of 1,00,000 (one lac) shares (0.73%) of the Company created in favour of M/s. Innovative Steels (P) Ltd. The details is as given below: (i) Name - Anil Kumar Agarwal. No. of Shares - 61,000. (ii) Name - Anil Kumar Agarwal (HUF). No. of Shares - 24,000. (iii) Name - Shailja Agarwal. No. of Shares - 15,000. Pledge Release Date for all of above- July 24, 2006.

Polar Industries Ltd has informed the Exchange regarding the change in the shareholding which is as follows :- 1) Savitri Devi Agarwal has sold 1,25,135 (0.92%) shares through Off Market (Inter Se Transfer). After this sale, the holding of Savitri Devi Agarwal will be 795 shares (0.01%). 2) Concrete Consultancy Services (P) Ltd. has purchased 1,77,135 (1.30%) shares through Off Market (Inter Se Transfer). After this purchase, the holding of Concrete Consultancy Services (P) Ltd. will be 5,10,348 shares (3.74%). 3) Vinita Agarwal has sold 21,000 (0.15%) shares through Off Market (Inter Se Trans

Polar Industries Ltd has informed the Exchange that the following persons have pledged 1,00,000 Shares in aggregate (0.73% of the total paid-up share capital) of Polar Industries Ltd. in our favour as security against financial assistance as details given below: (i) Name - Anil Kumar Agarwal. No. of Shares - 61,000. (ii) Name - Anil Kumar Agarwal (HUF). No. of Shares - 24,000. (iii) Name - Shailja Agarwal. No. of Shares - 15,000. Pledge Date - June 17, 2006.

Polar Industries Ltd has informed the Exchange that Bear, Stearns & Co. A/C BSMA Limited has acquired 684,200 shares aggregating to 5.02% of the share capital of Polar Industries Ltd. on May 29, 2006. The mode of acquisition is Secondary Market Purchase and the shareholding of Bear, Stearns & Co. A/C BSMA Limited after the said acquisition is 1,184,200 shares aggregating to 8.69% of the share capital of Polar Industries Ltd..

Polar Industries Ltd has informed the Exchange that M/s Sheffield Appliances Ltd. has sold 3,57,000 shares aggregating to 2.62% of the total share capital of Polar Industries Ltd. on May 26, 2006. The mode of sale is Off market through Interse and the shareholding of M/s Sheffield Appliances Ltd. after the said sale is 5,51,491 shares aggregating to 4.04% of the total share capital of Polar Industries Ltd.

Citibank N.A. has informed the Exchange that Bear, Stearns & Co. A/C BSMA Limited has acquired 684,200 shares aggregating to 5.02% of the total paid up capital of Polar Industries Ltd. on May 29, 2006. The mode of acquisition is Secondary Market Purchase and the shareholding of Bear, Stearns & Co. A/C BSMA Limited after the said acquisition is 1,184,200 shares aggregating to 8.69% of the total paid up capital of Polar Industries Ltd..

Polar Industries Ltd has informed the Exchange that Mr. Sunil Agarwal has acquired 300000 (2.20%) shares from Concrete Consultancy Services (P) Ltd. and 375000 (2.62) shares from Sheffield Appliances Ltd. through Off Market (Inter Se Transfer). After this acquistion, the shareholding of Mr. Sunil Agarwal will be 13,71,512 shares (10.06%) of Polar Industries Limited.

Polar Industries Ltd has informed the Exchange that Mr. Sunil Agarwal has sold 7,04,000 shares of the total share capital of Polar Industries Ltd. on May 29, 2006. The mode of sale is Secondary Market sale and the shareholding of Mr. Sunil Agarwal after the said sale is 6,67,512 shares aggregating to 4.90% of the total share capital of Polar Industries Ltd..

Polar Industries Ltd has informed the Exchange that Mr. Sunil Agarwal has acquired 3,00,000 shares and 3,57,000 shares of Polar Industries Ltd. on May 28, 2006. The mode of acquisition is Off market through Interse and the shareholding of Mr. Sunil Agarwal after the said acquisition is 13,71,512 shares aggregating to 10.06% of the share capital of Polar Industries Ltd..

Polar Industries Ltd has informed the Exchange that M/s Sheffield Appliances Ltd. has sold 3,57,000 shares aggregating to 2.62% of the total share capital of Polar Industries Ltd. on May 26, 2006. The mode of sale is Off market through Interse and the shareholding of M/s Sheffield Appliances Ltd. after the said sale is 5,51,491 shares aggregating to 4.04% of the total share capital of Polar Industries Ltd..

Polar Industries Ltd has informed the Exchange that Mr. Sunil Agarwal has sold 704000 (5.16%) shares. After this sale, holding of Mr. Sunil Agarwal will be 6,67,512 shares (4.90%)

Polar Industries Ltd has informed the Exchange that Mr. Sunil Agarwal has sold 4,96,564 shares aggregating to 3.64% of the total share capital of Polar Industries Ltd. on May 23,2006. The mode of sale is Open market and the shareholding of Mr. Sunil Agarwal after the said sale is 7,14,512 shares aggregating to 5.24% of the total share capital of Polar Industries Ltd..

Polar Industries Ltd has informed the Exchange that Mr. Sunil Agarwal has acquired 3,74,000 shares(2.74%) of Polar Industries Ltd. on May 16, 2006.The mode of acquisition is Off market through Interse and the shareholding of Mr. Sunil Agarwal after the said acquisition is 12,11,076 shares aggregating to 8.88% of the share capital of Polar Industries Ltd..

Polar Industries Ltd had informed the Exchange regarding the Board meeting to be held on APril 29, 2006 for the Unaudited Financial Results for the Qtr ended Mar 31, 2006. The Company now informed the Exchange that the BoDs of the Company in its meeting held on April 29, 2006 could not take on record the unaudited Financial Results for the quarter ended March, 2006. The meeting of audit committee could not be held on April 29, 2006 because of lack of quorum for approving the unaudited financial results for the quarter ended March, 2006. In view of the above, the BoDs of the Company in its me

Polar Industries Ltd has informed the Exchange that (1) Shri. N.G. Khaitan has resigned from the directorship of the Company with effect from March 30, 2006 (2) Shri. S. P. Singh, has been appointed has as an additional Director of the Company with effect from March 30, 2006 by circulation, nominated by Punjab National Bank as per CDR empowered group sanction.

Polar Industries Ltd has informed the Exchange that the Board of Directors of the Company has, inter alia, approved the allotment of 70,00,000 Zero Coupon Convertible Warrants (ZCCW) on preferential basis to both promoters and strategic investors as approved by shareholders of the Company in their EGM held on October 14, 2005.

Polar Industries Ltd has submitted to the Exchange a copy of the proceedings of the EGM of the Company held on October 14, 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).

Polar Industries Ltd has submitted to the Exchange a copy of the proceedings of the AGM of the Company held on September 30, 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).

Polar Industries Ltd has submitted to the Exchange a copy of the Notice of the EGM of the Company to be held on October 14, 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).

Polar Industries Ltd has informed the Exchange that a pledge of 10,00,000 shares (8.98%) of the Company created in favour of Mr. Sunil Gupta has since been released on the following dates: 3,00,000 shares on August 30, 2005 and 7,00,000 shares on September 01, 2005.

Anil Agarwal has informed the Exchange that Concrete Consultancy Services Pvt. Ltd., Persons acting in concert with him, have sold 419651 shares aggregating to 3.08% of the share capital of Polar Industries Ltd. in the market. The aggregate shareholding of promoters along with persons acting in concert have reduced from 7372260 nos. of shares (54.07%) to 6952609 nos. of shares (50.99%).

Polar Industries 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, 2005 and 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).

Polar Industries Ltd has informed the Exchange that Concrete Consultancy Services (P) Ltd. has sold 4, 40,000 shares aggregating to 3.23% of the total paid up share capital of Polar Industries Limited. The mode of sale is through Market sales and the shareholding of Concrete Consultancy Services (P) Ltd after the said sale is 6,33,263 shares aggregating to 4.64% of the total paid up share capital of Polar Industries Limited.

Polar Industries Ltd has informed the Exchange that Concrete Consultancy Services (P) Ltd. has sold 4,19,651 shares aggregating to 3.08% of the total paid up share capital of Polar Industries Limited. The mode of sale is through Market sales and the shareholding of Concrete Consultancy Services (P) Ltd after the said sale is 10,73,263 shares aggregating to 7.87% of the total paid up share capital of Polar Industries Limited.

Polar Industries Ltd has informed the Exchange that the company has received a disclosure from Mr. Anil Agarwal stating that Concrete Consultancy Services Pvt. Ltd., person acting in concert with Mr. Anil Agarwal have sold 419651 shares (3.08%) of Polar Industries in the market. The aggregate shareholding of promoters along with persons acting in concert have reduced from 7372260 nos. shares (54.07%) to 6952609 nos. shares (50.99%).

Anil Agarwal has informed the Exchange that Concrete Consultancy Services Pvt. Ltd., Persons acting in concert with him, have sold 440,000 shares aggregating to 3.23% of the share capital of Polar Industries Ltd. in the market. The aggregate shareholding of promoters along with persons acting in concert have reduced from 6952609 no. of shares (50.99%) to 6512609 no. of shares (47.76%).

Polar Industries Ltd has informed the Exchange that Concrete Consultancy Services (P) Ltd. has sold 312379 shares aggregating to 2.29% of the total share capital of Polar Industries Ltd. The shareholding of Concrete Coonsultancy Services (P) Ltd after the said sale is 1492914 shares aggregating to 10.95% of the total share capital of Polar Industries Ltd.

Polar Industries Ltd has informed the Exchange that Anil Agarwal alongwith the following PAC have sold the shares of Polar Industries Ltd. in the market as follows: (1) Concrete Consultancy Services Pvt. Ltd. has sold 312379 shares (2.29%) and (2) Hi-gain Consultancy Services Pvt. Ltd. has sold 85452 shares (0.63%). The aggregate shareholding of promoters alongwith PAC have reduced from 7770091 nos. shares (56.99%) to 7372260 nos. shares (54.07%).

Polar Industries Ltd has informed the Exchange that Mr. Manoj Harlalka has resigned from the post of Company Secretary and Mr. Raj Kumar Agarwal has joined as Company Secretary w.e.f. August 22, 2005.

Polar Industries Ltd has informed the Exchange that it has been decided to keep the Register of Members closed from September 26, 2005 to September 30, 2005 (both days inclusive) for the purpose of AGM to be held on September 30, 2005.

Polar Industries Ltd has informed the Exchange that the Board of Directors in its meeting held on May 30, 2005 has discussed on possibilities of amalgamation of Polar International Ltd. and/or Vinsa Electricals (P) Ltd. with the Company. It has been decided to further examine the matter.

Polar Industries Ltd has informed the Exchange of the details of shareholding of the following Directors of the Company as on March 31, 2005 : 1) Anil Agarwal holds 1329953 shares (11.95%); 2) Sunil Agarwal holds 227076 shares (2.04%); 3) M K Rustagi holds 50 shares (0.01%).

Polar Industries Ltd has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended December 31, 2004 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Polar Industries Ltd has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended September 30, 2004 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Polar Industries Ltd has informed the Exchange that they have received approval of de-listing of securities from The Delhi Stock Exchange Associates Ltd.

Polar Industries Ltd has informed the Exchange that the comapny has received intimation from Concrete Consultancy Services [P] Ltd informing increase in their shareholding from 2.96% to 16.22% pursuant to scheme of amalgamation approved by the Hon'ble High Court at Kolkatta. The post-merger shareholding of Concrete Consultancy Services [P] Ltd in Polar Industries Ltd is 1805293 shares.