PROVOGUE

Provogue (India) Limited has informed the Exchange the Board of Directors of the Company in their meeting held on September 02, 2011 has taken the following decisions: 1. Approved the 'Composite Scheme of Arrangement and Amalgamation' wherein the Retail Centric Real Estate Development Division ("the Demerged Undertaking") of the Provogue (India) Limited ("the Demerged Company) is proposed to be transferred to 'Castle Mall Private Limited' ("the Resulting/Transferee Company"), which shall be followed by amalgamation of 'Prozone Enterprises Private Limited' ("the Transferor Company"), a subsidia

Provogue (India) Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on August 11, 2011 has in principle discussed the proposal of Corporate Restructuring of the Company by way of demerger of Investment in Real Estate Development Business (hereinafter referred to as "the Demerged Undertaking") to a newly incorporated entity and amalgamation of a subsidiary Company, Prozone Enterprises Private Limited into said newly incorporated entity. The Company authorizes Mr. Akhil Chaturvedi and Mr. Deep Gupta Whole-time Directors, severally for taking necess

Provogue (India) Limited has informed the Exchange that: "The Board of Provogue (India) Limited, has approved the issue of 2.85 million equity shares on preferential basis, at a price of Rs.1,100 to raise Rs.314 crores (approx US $ 77 million), subject to shareholders' and other regulatory approvals. Altima Partners, T. Rowe Price, Genesis, New Vernon, Liberty International, Acacia Partners, Dharmayug Investment and Network 18 have participated in the preferential offer, which will be locked in for one year from the date of allotment. The Board has also approved the issue of 14,84,000 converti

Provogue (India) Limited has informed the Exchange that "(1) The Board of Directors allotted 29,00,000 equity shares of Rs.10 each at a premium of Rs.440/- equity share by way of a preferential allotment to the following foreign investors: (1) Name:- Fidelity Securities Fund Fidelity OTC; No. of Shares:- 7,00,000 (2) Name:- Nailsfield Limited; No. of Shares:- 7,00,000 (3) Name:- New Vernon India Ltd; No. of Shares:- 7,00,000 (4) Name:- Genesis Indian Investment Company Limited; No. of Shares:- 4,50,000 (5) Name:- The India Fund Inc; No. of Shares:- 3,50,000. (2) The Board of Directors allotted

Provogue (India) Limited has informed the Exchange that in the Board of Directors meeting held on 31st January, 2007, the Board has approved the following:- The company is coming up with the Employees stock option scheme and hence formed a new compensation committee to approve the scheme.

Provogue (India) Limited has informed the Exchange that "in the Board of Directors meeting held on 19th January , 2007, the Board subject to the approval of shareholders and other necessary compliances resolved to: (1) Increase the Authorised capital from Rs.18,00,00,000/- to Rs.23,00,00,000/- and approved the consequential amendments to the Memorandum and Articles of Association. (2) Allot 32,50,000 Equity shares of Rs.10/- each at a price of Rs 450/- per share including premium of Rs.440/- per share at cash in pursuance of SEBI (DIP) guidelines on Preferential basis.(3) Issue 18,00,000 conve

Provogue (India) Limited has informed the Exchange that "at the meeting of the Board of Directors held on 1st December, 2006 the Board has decided to raise Rs, 250 Crores through the preferential issues of equity shares / Full Convertible Debentures (FCDs) / Partly Convertible Debentures (PCDs) or any other financial instruments which would be converted into or exchanged with equity shares at a later date to Qualified Institutional Buyers (QIBs) / Promoter / Promoter Group / Investors."

Provogue (India) Limited has informed the Exchange that at the meeting of the Board of Directors held on March 31, 2006 there is a change in the Directorate. Mr. O.P. Chawla has been appointed as an additional Director of the company. He will act as an independent director on the Board. The Board has also decided that it will appoint a chairman, which will be one of the independent director, in its next meeting.