PONDYOXIDE

Pondy Oxides & Chemicals Limited has informed the Exchange that the Board of Directors of the Company, at its meeting held on December 18 2013, in connection with the Demerger of four units of the Company with its wholly Owned Subsidiary Company M/s. POCL Enterprises Limited approved the following: (1) The Board has taken on record, the Valuation Report received from M/s. Nalam Associates, Chartered Accountants, Hyderabad, as recommended by the Audit Committee and considered the Share Entitlement Ratio of 0.50:1 recommended by them; (2) The Board has approved the Share Entitlement Ratio of 1 (

Pondy Oxides & Chemicals Limited has informed the Exchange that the Board of Directors at their meeting held on 30.07.2013 considered and approved the proposal for de-merger of four units of the Company namely Unit I -MOD, Unit II-PAD, Unit V-ZRD, Unit VI-ARD such as Metallic Oxides and Plastic Additives with the wholly owned subsidiary of the Company i.e., POCL Enterprises Ltd., while retaining the verticals representing Smelting Division in Tamilnadu and upcoming Lead Smelting Project in Andhra Pradesh with the Company. (Source MSE)

Pondy Oxides & Chemicals Limited has informed the Exchange the outcome of Board Meeting of the Company held on 29th March 2012, regarding Scheme of Amalgamation of M/s. Lohia Metals Pvt. Ltd. with the Company. (Source MSE)

5. Pondy Oxides & Chemicals Limited has informed the Exchange that the Board of Directors in their meeting held on 28th July 2011 approved the accounts for the year 2010-11 and recommended a dividend of 14% for the year ended 31st March 2011 for the amount paid-up on the equity shares (Source MSE)

5. Pondy Oxides & Chemicals Limited has informed the Exchange the outcome of Board meeting held on 18th March 2011 as follows: (1) Valuation Report submitted by M/s. Sarathy & Balu, Chartered Accountants, for the purpose of deciding exchange ratio with regard to proposal of merger of M/s Lohia Metals Private Limited with the Company, has been adopted by the Board. (2) Board taking into account the valuation Report Submitted by the Chartered Accountant, approved the exchange ratio of 1:2.50 i.e. M/s.Pondy Oxides & Chemicals Ltd. will allot 2.50 equity shares of face value of 10/- each for eve

5. Pondy Oxides & Chemicals Limited has informed the Exchange regarding Consolidated Information pertaining to the Company for the half year ended on December 31, 2010 as follows: Total Operating Income of Rs.23970.54 lacs, Profit from Ordinary Activities before Tax of Rs.724.53 lacs and Net Profit for the period of Rs.539.93 lacs. (Source MSE)

5. Pondy Oxides & Chemicals Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on 31st January 2011 postponed the consideration of the scheme of merger of M/s. Lohia Metals P. Ltd with the company and other related matters till the next board meeting. (Source MSE)