PUNJABTRAC

(2) Pursuant to this offer, the Acquirers propose to acquire, from the existing shareholders, upto 12,151,140 fully paid up equity shares of the Target Company (the "Offer Size") representing 20% of the voting equity capital of the Target Company at a price of Rs.360/- (Rupees Thee Hundred and Sixty only) for each fully paid up equity share of the Target Company ("Share") (such price the "Offer Price"), to be paid in cash in accordance with the Regulations. There are no partly paid equity shares of the Target Company. This Offer is not subject to any minimum level of acceptance. The Opening da

Kotak Mahindra Capital Company Ltd. has informed the Exchange that "the public announcement ("PA") is being issued by Kotak Mahindra Capital Company Limited (the "Manager to the offer") for and on behalf of Mahindra and Mahindra Limited, a company Incorporated under the laws of India ("M&M") and Mahindra Holdings & Finance Limited, a Company Incorporated under the laws of India ("MHFL"),(M&M) collectively with MHFL, the "Acquirers") acting in concert with each other, pursuant to and in compliance with, among others, regulation 10 and regulation 12 of the Securities and Exchange Board of India

Punjab Tractors Ltd. has informed the Exchange regarding a press release, dated January 31, 2007, titled "Punjab Tractors Announces Q3 and 9 Months Results." The details of the press release 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/PunjabTrac_PR_31012007.zip target=NEW> For more details click here.</a>

News Verification : The media had reports on December 23, 2006 that UK-based private equity firm Actis may offload its stake in Punjab Tractors Ltd. 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. Punjab Tractors Ltd. has vide its letter inter-alia stated, "The Company has no knowledge of Actis's actions or decision making."

Punjab Tractors Ltd. has informed the Exchange that in the Company's Board Meeting held on October 19,2006 Dr. S.Narayan, former Revenue Secretary, Govt. of India and Shri Sachit Jain, Executive Director, Vardhman Group have been co-opted as Additional Directors of the Company.

Punjab Tractors Ltd. has informed the Exchange regarding a press release dated October 19,2006, titled "Punjab Tractors announces Q2 and H1 Results; PBT - up 19% to Rs. 53.0 crores ". The details of the press release 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/Punjabtractors_201006.zip target=NEW> For more details click here.</a>

Punjab Tractors Ltd. has informed the Exchange regarding a Press Release dated July 27, 2006, titled "Punjab Tractors Announces First Quarter Results - PBT up 30% to Rs. 26.0 crores - PAT up 28% to Rs. 17.7 crores". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Punjab Tractors Ltd. has informed the Exchange that Specified Undertaking of the Unit Trust of India has sold 18,91,349 shares aggregating to 3.11% of the total paid up capital of Punjab Tractors Ltd. The shareholding of Specified Undertaking of the Unit Trust of India Ltd. after the said sale is nil shares of Punjab Tractors Ltd.

Punjab Tractors Ltd. has informed the Exchange that the company has announced a book closure from June 16, 2006 to June 21, 2006 (both days inclusive) for the payment of Dividend @ 60% (Rs.6.00 per share)

Punjab Tractors Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on May 29, 2006, the Board has accepted the decision of Shri Yash Mahajan to step down from the post of Vice Chairman and Managing Director of the Company w.e.f. June 01, 2006. Shri P. Sivaram, currently Director-Finance, has been appointed as Chief Operating Officer w.e.f. the said date. He has also been nominated by Punjab Tractors Limited to the Board of Swaraj Mazda Limited. Consequent upon Shri Mahajan's decision to step down from Punjab Tractors Limited, the Board has nominat

Punjab Tractors Ltd. has informed the Exchange that ACEE Enterprises (A Pvt.Co. with unlimited liability) alongwith M/s VIC Enterprises Pvt. Ltd., M/s Puran Associates Pvt. Ltd., Mr. V.C. Burman, Ms.Monica Burman and Mr.Mohit Burman (Acquirers/PACs) have acquired 1260996 equity shares of Punjab Tractors Limited in open market through Stock Exchange as follows :- 1) ACEE Enterprises has acquired 1,447 shares on December 05, 2005. The shareholding of ACEE Enterprises after the said acquisition is 57,00,200 shares aggregating to 9.38% of the total share capital of Punjab Tractors Ltd.. 2) VIC Ent

6) Mr. Mohit Burman has acquired 10,000 shares aggregating to 0.02% of the total share capital of Punjab Tractors Limited as follows:5000 shares on January 31, 2006 and 5000 shares on April 12, 2006. The shareholding of Mr. Mohit Burman after the said acquisition is 10,000 shares aggregating to 0.02% of the total share capital of Punjab Tractors Ltd.. The mode of acquisition is Market Purchase. The aggregate shareholding of ACEE Enterprises, VIC Enterprises Pvt. Ltd., Puran Associates Pvt. Ltd., Mr. V.C. Burman, Ms. Monica Burman and Mr. Mohit Burman (Acquirers/PACs) after the said acquisitio

Punjab Tractors Ltd. has informed the Exchange that the Board of Directors of the Company in their meeting held on May 11,2006 have recommended a final Dividend of Rs.6.00 per share subject to the approval of the shareholders at the Annual General Meeting. Together with the Special Dividend of Rs.4.50 per share, Total Dividend for the year works out to Rs.10.50 per share on Equity Share of Rs.10/- each.

Punjab Tractors Ltd. has informed the Exchange regarding a Press Release dated May 11,2006, titled "Punjab Tractors Announces Financial Results for 2005-06". 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).

Punjab Tractors Ltd. has informed the Exchange that Reliance Tax Saver (ELSS) Fund - Scheme of Reliance Mutual Fund has acquired 23,012 shares aggregating to 0.04% of the total share capital of Punjab Tractors Limited on March 02, 2006. The mode of acquisition is Open Market Purchase and the shareholding of Reliance Tax Saver (ELSS) Fund - Scheme of Reliance Mutual Fund after the said acquisition is 30,53,981 shares aggregating to 5.03% of the total share capital of Punjab Tractors Limited.

Reliance Capital Asset Management Limited has informed the Exchange that Reliance Tax Saver (ELSS) Fund - Scheme of Reliance Mutual Fund has acquired 23,012 shares aggregating to 0.0037% of the total paid up capital of Punjab Tractors Limited on March 02, 2006. The mode of acquisition is Open Market Purchase and the shareholding of Reliance Tax Saver (ELSS) Fund - Scheme of Reliance Mutual Fund after the said acquisition is 30,53,981 shares aggregating to 5.027% of the total paid up capital of Punjab Tractors Limited.

Punjab Tractors Ltd. has informed the Exchange that :- (1) Shri C. V. Ramani, nominee of Industrial Development Bank of India Ltd. ceased to be the Director of the Company. (2) Shri Donald Peck has been co-opted as a Director of the Company vice Shri Arun Duggal as a nominee of CDC-PTL Holdings Ltd. (3) Shri Pritam Das Narang has been co-opted as an Additional Director of the Company. (4) Shri Hardeep Singh has been co-opted as an Additional Director of the Company. (5) Shri D. L. Mirchandani has been co-opted as an Additional Director of the Company. (6) Shri A.K. Thakur, nominee of Unit Trus

Punjab Tractors Ltd. has informed the Exchange that A.CEE Enterprises(A Pvt.Co. with unlimited liability), VIC Enterprises Pvt. Ltd. and Puran Associates Pvt. Ltd.(Acquirers and PACs with them) have acquired shares of Punjab Tractors Limited as follows: A.CEE Enterprises has acquired 44,00,000 shares aggregating to 7.24% of the total paid up capital of Punjab Tractors Ltd. on November 28, 2005. The mode of acquisition is Open Market. The shareholding of A.CEE Enterprises, VIC Enterprises Pvt. Ltd. and Puran Associates Pvt. Ltd. after the said acquisition is as follows: (1) A.CEE Enterprises ho

ACEE Enterprises (A Pvt. Co. with unlimited liability) has informed the Exchange that they along with M/s. VIC Enterprises Pvt. Ltd. and M/s. Puran Associates Pvt. Ltd. (Acquirers / PAC) have acquired shares of Punjab Tractors Limited as follows: ACEE Enterprises has acquired 44,00,000 shares aggregating to 7.24% of the total paid up capital of Punjab Tractors Ltd. on November 28, 2005. The mode of acquisition is Open Market. The shareholding of ACEE Enterprises (A Pvt. Co. with unlimited liability) along with M/s. VIC Enterprises Pvt. Ltd. and M/s. Puran Associates Pvt. Ltd. after the said ac

Punjab Tractors Ltd. has informed the Exchange that General Insurance Corporation of India has acquired 17,36,238 shares aggregating to 2.86% of the total paid up capital of Punjab Tractors Ltd. on November 23, 2005. The mode of acquisition is Secondary Market Operation (Bulk Deal) and the shareholding of General Insurance Corporation of India after the said acquisition is 42,40,903 shares aggregating to 6.98% of the total paid up capital of Punjab Tractors Ltd..

Punjab Tractors Ltd. has informed the Exchange that Industrial Development Bank of India Ltd. has sold 13,18,374 shares aggregating to 2.17%* of the total paid up capital of Punjab Tractors Ltd. The date of sale is from October 06, 2004 to November 14, 2005 and the shareholding of Industrial Development Bank of India Ltd. after the said sale is 6,70,721 shares aggregating to 1.10% of the total paid up capital of Punjab Tractors Ltd. * including 0.4000% (2,43,055 shares) of the total paid up capital of Punjab Tractors Ltd. sold on November 14, 2005.

General Insurance Corporation of India has informed the Exchange that they have acquired 17,36,238 shares aggregating to 2.86% of the total paid up capital of Punjab Tractors Ltd. on November 23, 2005. The mode of acquisition is Bulk Deal and the shareholding of General Insurance Corporation of India after the said acquisition is 42,40,903 shares aggregating to 6.98% of the total paid up capital of Punjab Tractors Ltd.

Punjab Tractors Ltd. has informed the Exchange that BODs of the Company have declared a Special dividend of Rs.4.50 per share on 6,07,55,700 equity shares of Rs.10/- each. November 04, 2005 has been fixed as Record Date for this purpose.

Punjab Tractors Ltd. has submitted to the Exchange a Press Release dated October 17, 2005, titled "45% Special dividend from PTL Second quarter net rises 55%". 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).

Punjab Tractors Ltd. has submitted to the Exchange a copy of the proceedings of AGM of the Company held on June 04, 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).

Punjab Tractors Ltd. has informed the Exchange that Shri Arun Duggal has been co-opted as an Additional Director of the Company vice Shri Donal Peck w.e.f. June 24, 2005 as a nominee of CDC - PTL Holdings Ltd.

Punjab Tractors Ltd. had informed the Exchange regarding the proposal of Sumitomo Corporation, Japan(an existing shareholder holding 10.41% of the paid up capital and Joint Venture Partner of Punjab Tractors Limited in Swaraj Mazda Limited) to purchase 15,73,000 equity shares of Rs.10 each held by Punjab Tractors Limited, in Swaraj Mazda Limited. The company has now informed that at their meeting held on June 24, 2005, the Board of Directors of Punjab Tractors Limited decided to accept the offer of Sumitomo Corporation, Japan to purchase 15,73,00 equity shares of Rs. 10 each (constituting appr

Punjab Tractors Ltd. has informed the Exchange that UTI Mutual Fund has sold 12,43,439 shares aggregating to 2.05% of the share capital of Punjab Tractors Ltd. during the period February 07, 2005 to June 03, 2005 and the shareholding of UTI Mutual Fund after the said sale is 23,53,917 shares aggregating to 3.87% of the share capital of Punjab Tractors Ltd..

JF Asset Management Limited (Investment Manager of the acquirers) has informed the Exchange that JP Morgan Fleming Asset Management (Europe) Flagship Indian Inv Mauritius Limited, JF India Fund, and JP Morgan Fleming India Investment Company (Mauritius) Limited have acquired 167,588 shares aggregating to 0.28% of the total paid up capital of Punjab Tractors Ltd. on May 31, 2005. The mode of acquisition is through open market and the shareholding of JP Morgan Fleming Asset Management (Europe) Flagship Indian Inv Mauritius Limited, JF India Fund, and JP Morgan Fleming India Investment Company (M

Clarification of News : The press had reports on May 27, 2005 that Punjab Tractors Limited has agreed to offload its 15% stake in Swaraj Mazda Limited to Japan's Sumitomo Corporation. 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. Punjab Tractors Ltd. (PTL) has vide its letter inter-alia stated, "As informed, the PTL Board decided to respond favourably to Sumitomo's request to PTL for agreeing to sell to Sumitomo

Clarification of News : The press had reports that Punjab Tractors Limited has agreed to offload its 15% stake in Swaraj Mazda Limited to Japan's Sumitomo Corporation. 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. Reply is awaited from Punjab Tractors Limited.

Punjab Tractors Ltd. has informed the Exchange that the company has announced Book Closure from May 20, 2005 to May 25, 2005 (both days inclusive) for the purpose of payment of dividend @ 55% (Rs. 5.50 per share).

Punjab Tractors Ltd. has informed the Exchange that the BODs at its meeting held on April 26,2005 have recommended a dividend of Rs.5.50 per share subject to the approval of the shareholders at the Annual General Meeting.

Punjab Tractors Ltd. has informed the Exchange that UTI Mutual Fund have sold 12,17,962 shares aggregating to 2.0045% of the total paid up capital of Punjab Tractors Ltd. during the period February 03,2003 to February 07,2005 and accordingly the current total holding of UTI Mutual Fund is 5.92% of the paid up capital of the company carrying voting rights.

Punjab Tractors Ltd. has informed the Exchange that:1) Shri C V Ramani has been co-opted as an additional director of the company vice Shri B K Batra w.e.f January 12,2005 as a nominee of Industrial Development Bank of India.2)Shri N Mohanraj has been co-opted as an additional director of the company as an additional director of the company vice Shri Y.P. Gupta w.e.f January 12,2005 as a nominee of Life Insurance Corporation of India.

Punjab Tractors Ltd. has informed the Exchange that the Company has on January 12, 2005 issued a press release titled 'PTL Third quarter profit higher than first half - jumps 70%, margin rises to 12.9%'. The details of the press release issued by the Company shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Punjab Tractors Ltd. has informed the Exchange that at the meeting held on January 12,2005,the BODs of Punjab Tractors Ltd(PTL) considered the letter addressed to them by Sumitomo Corporation, Japan. After carefully considering all points brought out by Sumitomo in their letter and detailed deliberations thereupon, and in the context of PTL's relationship with Sumitomo as joint venture partners in the commercial vehicle venture set up under Swaraj Mazda Ltd. and covered by terms and conditions under the joint venture agreement dated October 05,1984, the PTL Board decided to respond favourably

Punjab Tractors Ltd. has informed the Exchange that they have received intimation from IDBI informing of the sale of 12,15,487 shares amounting to 2.00%* of the paid up capital of Punjab Tractors Ltd. [*including 0.0165% (10,000 shares) of the total paid up capital of Punjab Tractors Ltd. sold on October 5, 2004] and the shareholding after the said sale is 19,89,095 shares amounting to 3.27% of the total paid up capital of Punjab Tractors Ltd.