PRATIBHA

Pratibha Industries Limited had informed the Exchange regarding setting up of a SAW Pipe Manufacturing Unit as a Division of the company instead of a separate Company. The company has now informed the Exchange that the main purpose of entering into a Joint Venture with a Singapore based Company was to obtain the "know-how" required for manufacturing of Spiral Welded Pipes. However the requisite "know-how" is now available with the machinery manufacturer, who is ready to provide the same to the company free of cost. Therefore entering into a Joint Venture with the Singapore based Company would

Pratibha Industries Limited has informed the Exchange that "An amount of Rs. 14.00 Crores out of the proceeds of the Initial Public Offer (IPO) was to be deployed in Pratibha Infrastructure Pvt. Ltd. as mentioned in the prospectus filed by the Company with various statutory authorities. The project was supposed to be set up as a Joint Venture between the Company and a Singapore based Company. However, it has now been decided by the Board of Directors at the meeting held on June 16,2006, that it would be in the best interests of the Company not to proceed with the joint venture since the requir

Pratibha Industries Limited has informed the Exchange that the Company has entered into a Long Term Co-operation Agreement with OSTU - STETTIN Hoch u. Tiefbau GmbH ("OSTU - STETTIN"), an Austrian Corporation with its address at A-8700 Leoben Munzenbergstraise 38, Austria. OSTU - STETTIN is specialized in tunneling and is considered as the 3rd largest across the world in executing tunneling projects. The Company proposes to submit tenders for new tunneling projects jointly with OSTU - STETTIN across India under various Government, Semi - Government & Private bodies and for obtaining the constru

Pratibha Industries Limited has informed the Exchange that at the Annual General Meeting of the members of the company held on June 16, 2006, the following businesses were transacted: (1) Mrs. Usha B. Kulkarni, Director of the Company who retired by rotation was re-appointed as director of the Company.(2) M/s. Jayesh Sanghrajka & Co, Chartered Accountants, Auditors of the Company were re-appointed as Auditors of the Company.(3) Mr. Anilkumar G. Karkhanis, Mr. Awinash M. Arondekar, Mr. Shrikant T. Gadre who were appointed as Additional Directors, were appointed as Directors of the Company, liab

Pratibha Industries Limited has informed the Exchange that EPS for the Financial Year ended March 31, 2006 in the audited financial results has been indicated at 14.47 which has been arrived at Pro-rata basis i.e. weighted average no of equity shares held. However if we consider total oustanding number of equity shares held as on March 31, 2006 the EPS works out to 8.59.

Pratibha Industries Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company will remain closed from June 14, 2006 to June 16, 2006 for the Annual General Meeting of the Company of the Company to be held on June 16, 2006.

Pratibha Industries Limited has informed the Exchange that the Board of Directors at the meeting held on May 11, 2006 discussed and approved the following items:- (1) To increase, subject to the approval of the shareholders, the Borrowing powers under Section 293(1) (d) of the Companies Act, 1956 from Rs. 1000 Crores to Rs. 2000 Crores. (2) To issue further securities by way of equity shares / preference shares / convertible debentures / Convertible Notes / Foriegn Currency Convertible Bonds (FCCBs) etc. subject to the approval of the shareholders. (3) To increase, subject to the approval of t

Pratibha Industries Limited has informed the Exchange that Mr. Rohit Ramnath Katyal has sold 3000 shares on April 21, 2006, 15000 shares on April 25, 2006 and 15,000 shares on April 26, 2006 of the share capital of Pratibha Industries Limited. The mode of sale is Sale in open market and the shareholding of Mr. Rohit Ramnath Katyal after the said sale is 25,950 shares of the share capital of Pratibha Industries Limited.

Pratibha Industries Limited has informed the Exchange that they have secured a new contract from J & K Economic Re-Construction Agency for executing a Water Supply Scheme under Rangil Water Supply Scheme, Srinagar. The contract value is Rs.272 million. The project involves "Providing, Laying, Jointing, Testing and Commissioning" of 50 Kms of DI pipes for transmission and distribution of water to Srinagar city from Rangil Water Treatment Plant. The project is funded by Asian Development Bank. This is the first foray of Pratibha Industries Ltd. into the State of Jammu & Kashmir. Pratibha Industr

Pratibha Industries Limited has informed the Exchange that the Company's telephone no. has changed from 56414499 to 66414499.

Pratibha Industries Limited has submitted to the Exchange details of the annual disclosures received from its Directors, Promoters and Officers of the Company as on March 31, 2006. 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).

Pratibha Industries Limited has informed the Exchange that the Company have secured a new contract from Navi Mumbai Municipal Corporation for executing a Water Supply Scheme. The contract value is Rs.2009 million. The project involves 'Designing, Construction and Maintenance of Water Pipelines for 43 Kms along with other Ancillary Infrastructure' within the city limits of Navi Mumbai. It is a fast-track project with a very short completion period of 12 months. Residents of Navi Mumbai shall receive 24 hours water supply after completion of above project. The project is awarded under 'Deferr

Kotak Mahindra (UK) Limited has informed the Exchange that Global Investment Opportunities Fund Limited and Premier Investment Fund Limited (sub-accounts of Kotak Mahindra (UK) Limited( (These sub-accounts are distinct, separate entities and are not connected in any manner whatsoever, save that the Foreign Institutional Investor is the same i.e. Kotak Mahindra(UK)Limited.) have acquired 224,000 shares aggregating to 1.57% of the total paid up capital of Pratibha Industries Limited on March 20, 2006(Last purchase effected on March 20,2006). The mode of acquisition is through Open market.The sha

Pratibha Industries Limited has informed the Exchange that the company have received a Letter of Intent from Nirmal Lifestyle Ltd. for construction of Shopping Mall at Mulund West a suburb in East Mumbai. This project involves an estimated investment of approximately Rs.70 crores including the cost of free issue steel and involves construction of 6,50,000 sq.ft. of built-up area and foundation for a large hotel project. The project designed by renowned architects, M/s Hafeez Contractor is to be completed in 12 months.