RAINCALCIN

Members of the Exchange are hereby informed that the trading in equity shares of Rain Calcining Limited shall be suspended w.e.f. December 26, 2007 (i.e. closing hours of trading on December 24, 2007) on account of Scheme of Amalgamation of Rain Calcining Limited with Rain Commodities Limited.

Rain Calcining Ltd has informed the Exchange that: "The Board of Directors of Rain Commodities Limited (Transferee Company) at their meeting held on Thursday, the 6th December, 2007, fixed 2nd January, 2008 as the record date for determining the Shareholders of Rain Calcining Limited (Transferor Company/the Company) entitled for allotment of Equity shares of Rain Commodities Limited in the ratio of 2:7 i.e., 2 (Two) fully paid up Equity Shares of Rain Commodities Limited shall be allotted for every 7 (Seven) fully paid up Equity Shares held in the Company in terms of Scheme of Arrangement and

Rain Calcining Ltd has informed the Exchange that: "The Certified true copies of the Order of the Hon'ble High Court of Andhra Pradesh approving the Scheme of Arrangement consisting of the following: (a) Transfer of Cement Business from Rain Industries Limited to Rain Commodities Limited with effect from July 1, 2006. (b) Amalgamation of the Company with Rain Commodities Limited with effect from April 1, 2007; and (c) Transfer of Calcined Petroleum Coke (CPC) and Power Business from Rain Commodities Limited to Rain Industries Limited with effect from April 1, 2007; have been filed with the Reg

Rain Calcining Ltd has informed the Exchange that: "The Board of Directors of the Company at their meeting held on 22nd November, 2007, taken on record the Order Dated 25th October, 2007 of the Hon'ble High Court of Andhra Pradesh approving the Scheme of Arrangement consisting of the following: (a) Transfer of Cement Business from Rain Industries Limited to Rain Commodities Limited with effect from July 1, 2006. (b) Amalgamation of the Company with Rain Commodities Limited with effect from April 1, 2007; and c) Transfer of Calcined Petroleum Coke (CPC) and Power Business from Rain Commodities

Rain Calcining Ltd has informed the Exchange that: "On October 25, 2007, Hon'ble High Court of Andhra Pradesh passed the order approving the Scheme of Arrangement consisting of the following: (a) Amalgamation of Rain Calcining Limited with Rain Commodities Limited with effect from April 1, 2007; (b) Transfer of Calcined Petroleum Coke (CPC) and Power Business from Rain Commodities Limited to Rain Industries Limited with effect from April 1, 2007; and (c) Transfer of Cement Business from Rain Industries Limited to Rain Commodities Limited with effect from July 1, 2006. The Board of Directors of

Rain Calcining Ltd has informed the Exchange that: "CII Carbon L.L.C., USA, a Wholly Owned Subsidiary of the Company ("WOS") is offering Senior Subordinated Notes for an amount of US$ 235 million, which will mature in 2015. The issue of Senior Subordinated Notes is guaranteed by Rain Calcining Limited, for an amount of US$ 90 million. Citigroup Inc has been appointed as Sole Arranger and Bookrunner for the sale of Senior Subordinated Notes". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Serve

Rain Calcining Ltd has submitted to the Exchange a copy of the Minutes of Annual General Meeting of the Shareholders of the Company held on August 01, 2007. A copy of the Minutes of AGM 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/rain_mins_210807.zip target=NEW> For more details click here.</a>

Rain Calcining Ltd has informed the Exchange that " Rain/CII Holdings Inc, a wholly owned subsidiary of the Company has merged with CII Carbon LLC, USA with effect from 14th August, 2007. Consequent to the said merger, CII Carbon LLC, USA has become a wholly owned subsidiary of the Company".

Rain Calcining Ltd has informed the Exchange that "The Board of Directors of the Company at their meeting held on 17th August, 2007 approved the change in financial year of the Company, accordingly the current financial year shall be from 1st April, 2007 to 31st December, 2007 (9 Months) and subsequent financial years shall be from January to December".

Rain Calcining Ltd has informed the Exchange that: "Co-Generation facility of the Company has been registered with United Nations Framework Convention on Climate Change ("UNFCC") on July 12, 2007, as notified by UNFCCC vide their message received on August 2, 2007. The Company is eligible to get 164,677 Carbon Emission Reductions per annum (equivalent of 164,777 metric tonnes CO2 equivalent per annum) for a period of ten years from May 1, 2007 to April 30, 2017".

Rain Calcining Ltd has informed the Exchange regarding the Out-come of the Annual General Meeting of the Company held on August 01, 2007. A copy 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).<a href=/content/corporate/Raincal_AGM_01082007.zip target=NEW> For more details click here.</a>

Rain Calcining Ltd has informed the Exchange that: "The Company has entered into Calcined Coke Marketing Agreement and Green Petroleum Coke Supply Agreement (the "Agreements") on September 18, 2004 with Oxbow Carbon & Minerals LLC. The Oxbow Carbon & Minerals, LLC (Oxbow) has recently acquired GLC Carbon USA, Inc and the Company through its wholly owned subsidiary Company namely Rain/CII Holding Inc has acquired CII Carbon LLC, as a result of which both Oxbow and the Company have substantial Calcining operations in the United States of America. If the Agreements are continued, it may result in

Rain Calcining Ltd had informed the Exchange regarding the acquisition of CII Carbon, L.L.C. ("CII"). The Company has now informed the Exchange that: "Rain/CII Holdings, Inc., a subsidiary of Rain Calcining Limited ("RCL"), has completed its acquisition of CII for a cash purchase price of approximately US $ 595 million on July 19, 2007 (New York time). The cash purchase price is subject to certain adjustments. With its acquisition of CII, RCL has become the largest manufacturer of calcined petroleum coke in the world".

Rain Calcining Ltd has informed the Exchange that the Company will publish the Audited Financial Results for the Quarter ended June 30, 2007 on or before August 31, 2007.

Rain Calcining Ltd has informed the Exchange that the Annual General Meeting of the Company will be held on August 01, 2007. The Company has further informed the Exchange that the Register of Members and Share Transfer Books of the Company shall remain closed from July 25, 2007 to August 01, 2007 (both days inclusive) for the purpose of Annual General Meeting and payment of dividend.

Rain Calcining Ltd has informed the Exchange that "the Shareholders of the Company at the Court convened Meeting held on Monday , the 4th June, 2007 at KLN Prasad Auditorium, The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI), Red Hills, Hyderabad, Andhra Pradesh, have approved the scheme of arrangement between the Rain Commodities Limited, Rain Calcining Limited and Rain Industries Limited".

Rain Calcining Ltd has informed the Exchange that Rain/CII Holdings, Inc., a subsidiary of Rain Calcining Limited ("RCL"), has entered into a definitive Securities Purchase Agreement, dated as of June 1, 2007, to acquire all of the outstanding equity of CII Carbon, L.L.C. ("CII") for a cash purchase price of US $595 million. Consummation of the transaction is subject to customary closing conditions, including receipt of U.S. antitrust and other required regulatory approvals. RCL anticipates the transaction will be consummated in June 2007. The details of the same shall be available on the NSE

Rain Calcining Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 30, 2007, approved the following : (1) Recommended Dividend @ 10% on the paid up Equity Share capital of the Company i.e. Rs 1/- per Equity Share for the year 2006-2007. (2) Re-appointed Mr. Y. Santosh Kumar Reddy as Executive Director for a period of 5 years with effect from May 30, 2007.

Rain Calcining Ltd has informed the Exchange that Notice is hereby given that the Hon'ble High Court of Andhra Pradesh vide their Order dated April 27, 2007, directed that a meeting of the equity shareholders of the Company be held on June 4, 2007 for the purpose of considering and if thought fit, approving with or without modification, the scheme of Arrangement between the Rain Commodities Limited, Rain Industries Limited, Rain Calcining Limited and their respective shareholders."

Rain Calcining Ltd has informed the Exchange that "Given below is the E-mail ID for Investor Grievances : Email ID : venkat.s@raincalcining.com

Rain Calcining Ltd has informed the Exchange that: "The Company will publish the Audited Financial Results for the Quarter and Year ended 31st March, 2007 on or before 30th June, 2007".

Rain Calcining Ltd has informed the Exchange that: "The Board of Directors of the Company at their meeting held on Tuesday the 20th March, 2007, interalia, reviewed the reports on share exchange ratio submitted by two Independent professional valuers Ernst & Young and Grant Thornton and approved the following: 1) Share exchange ratio of 2:7 i.e., Two Equity Shares of Rain Commodities Limited will be allotted for every Seven Equity Shares held by the Shareholders in Rain Calcining Limited as on the Record date that will be fixed consequent to the approval of the Scheme by the Hon'ble High Court

Rain Calcining Ltd has informed the Exchange on February 07, 2007 that "The Board of Directors of the Company at their meeting held today have decided the following:- (1) Merge the Company with Rain Commodities Limited ("RCOL") with effect from April 1, 2007 ('the Appointed Date'), to achieve the following objectives: (a) To integrate the Calcined Petroleum Coke ("CPC") business of the Company, with the CPC business of GLC Carbon (USA) Inc., proposed to be acquired by Rain Commodities (USA) Inc., a Wholly Owned Subsidiary of ROCL (as informed by ROCL to the Bombay Stock Exchange on February 5,

Rain Calcining Ltd has informed the Exchange that "We will publish the Audited Financial Results for the Quarter ended 31st December, 2006, on or before 28th February, 2007."

Rain Calcining Ltd has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the Shareholders of the Company held on September 29, 2006. A copy 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).<a href=/content/corporate/RainCal_AGM_23112006.zip target=NEW> For more details click here.</a>

Rain Calcining Ltd has informed the Exchange that with effect from November 01,2006, the Registered Office of the Company is shifted from 6-3-571/2, II Floor, "Rockvista", Rockdale Estate, Somajiguda, Hyderabad 500082 to : "Rain Center" 34 Srinagar Colony, Hyderabad 500 073, Andhra Pradesh; Phone No: 040-40401234, Fax No. 040 40401214; Email id: hydinfo@raincalcining.com.

Rain Calcining Ltd has informed the Exchange that the BoDs of the Company at their meeting held on October 20, 2006 have considered various options for Restructuring of the Company and were of the opinion that they need further examination.

Rain Calcining Ltd has informed the Exchange that at the AGM of the shareholders of the Company held on September 29,2006 the following business was duly considered and adopted unanimously: 1) Declared a dividend @ 8% on the Equity shares of the Company for the Year ended March 31,2006. 2) Reappointment of Mr. Dipankar Basu as a director retiring by rotation. 3) Reappointment of Mr. T L Sankar as a director retiring by rotation. 4) Appointment of Messrs. Price Waterhouse, Chartered Accountants, as Statutory Auditors of the Company. 5) Authorisation to the Board of Directors to borrow upto Rs.9

Rain Calcining Ltd had informed the Exchange that the Register of Members and Share Transfer Books of the Company shall remain closed from September 22, 2006 to September 29, 2006 (both days inclusive) for the purpose of AGM. The company has now informed that the above dates are for the purpose of AGM and payment of Dividend on Equity Shares of the Company.

Rain Calcining Ltd has informed the Exchange that the AGM of the Company is scheduled to be held on September 29,2006. The Register of Members and Share Transfer Books of the Company shall remain closed from September 22,2006 to September 29,2006 (both days inclusive) for the purpose of AGM.

Rain Calcining Ltd has informed the Exchange that Mr. S. Venkat Ramana Reddy has been appointed as Company Secretary of the Company effective July 01, 2006 in place of Mr. G. R. Chari, General Manager (Finance) & Company Secretary. Mr. S. Venkat Ramana Reddy shall be the Compliance Officer of the Company effective July 01, 2006.

Rain Calcining Ltd has informed the Exchange that UTI Mutual Fund has acquired 28,88,226 shares aggregating to 2.2304% of the total paid up capital of Rain Calcining Ltd from November 12, 2005 to May 22,2006. The mode of acquisition is Secondary Market Purchase and the shareholding of UTI Mutual Fund after the said acquisition is 93,75,118 shares aggregating to 7.24% of the total paid up capital of Rain Calcining Ltd.

Rain Calcining Ltd has informed the Exchange that at the Board of Directors meeting of the Company held on May 17, 2006, the Board had, based on the financial performance and future prospects of the Company, suo moto considered the payment of dividend to the shareholders. Accordingly, a dividend at 8% on the paid-up equity capital of the Company is recommended, subject to the approvals of the financial institutions/banks and shareholders at the ensuing Annual General Meeting of the Company.

Rain Calcining Ltd has informed the Exchange that there was damage to the Turbine Rotor in March 2005 that has resulted in the de-rating of the power plant capacity from 49 MW to 39 MW. The Company has now informed the Exchange that a new turbine rotor developed by Siemens (formerly, ABB), Sweden has been procured and installed at a cost of about Rs.150 Million. The initial test runs have been successfully completed and the power cogeneration is now back in operation at its normal capacity of 49 MW. With the power plant resuming its normal operations at 49 MW, the Company expect both the petro

Rain Calcining Ltd has informed the Exchange that Sujala Investment Private Limited have sold 6,473,499 shares aggregating to 4.999% of the total share capital of Rain Calcining Limited on March 21, 2006. The mode of sale is through Off-Market Sale and the shareholding of Sujala Investments Private Limited after the said sale is 20,839,901 shares aggregating to 16.094% of the total share capital of Rain Calcining Limited.

Rain Calcining Ltd has informed the Exchange that Rain Commodities(USA) Inc. has acquired 6,473,499 shares aggregating to 4.999% of the total share capital of Rain Calcining Limited on March 21,2006.The mode of acquisition is through off market purchase and the shareholding of Rain Commodities(USA) Inc. after the said acquisition is 6,473,499 shares aggregating to 4.999% of the total share capital of Rain Calcining Limited.

Sujala Investment Private Limited has informed the Exchange that they have sold 6,473,499 shares aggregating to 4.999% of the total paid up capital of Rain Calcining Limited on March 21, 2006. The mode of sale is through Off-Market Trade and the shareholding of Sujala Investments Private Limited after the said sale is 20,839,901 shares aggregating to 16.094% of the total paid up capital of Rain Calcining Limited.

Rain Calcining Ltd has informed the Exchange that : 1)Sujala Investment Private Limited have sold 6,473,499 shares aggregating to 4.999% of the total paid up capital of Rain Calcining Limited on March 21, 2006. The mode of sale is through Off-Market and the shareholding of Sujala Investments Private Limited after the said sale is 20,839,901 shares aggregating to 16.094% of the total paid up capital of Rain Calcining Limited. 2)Rain Commodities(USA) Inc. has acquired 6,473,499 shares aggregating to 4.999% of the total paid up capital of Rain Calcining Limited on March 21,2006.The mode of acquis

Rain Commodities(USA) Inc. has informed the Exchange that they have acquired 6,473,499 shares aggregating to 4.999% of the total paid up capital of Rain Calcining Limited on March 21,2006 from Sujala Investments Private Limited.The mode of acquisition is off market trade and the shareholding of Rain Commodities(USA) Inc. after the said acquisition is 6,473,499 shares aggregating to 4.999% of the total paid up capital of Rain Calcining Limited.

Rain Calcining Ltd has informed the Exchange that Rain Calcining Limited (RCL) has incorporated a wholly owned subsidiary under the name and style of 'Moonglow Company Business Inc. (MCBI)', in British Virgin Islands as an International business company with an initial share capital of US$5000. The main object of MCBI is to engage in the business of Calcining metallic and/or non- metallic substances, including petroleum coke and needle coke and to invest in, and/or to acquire persons and/or entities engaged in the business of Calcining metallic and/or non-metallic substances including petroleu

News Verification : The media had reports that Rain Calcining Ltd will acquire a US based company. 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. Rain Calcining Ltd has vide its letter inter-alia stated, "We clarify that we have no comments to offer on the reported news item or market rumour. Further, we would like to clarify that the Company has not entered into any agreement with any company for any acquisition

Clarification of News : The press had reports that Rain Calcining Ltd has struck a Rs. 500-crore deal to buy a calcined coke outfit in the US. 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. Rain Calcining Ltd has vide its letter inter-alia stated, "We have to state and clarify that Rain Calcining Limited has not struck any Rs. 500 crore deal to buy a calcined coke outfit in the United States. Accordingly, we hav

Rain Calcining Ltd has informed the Exchange that UTI Mutual Fund has acquired 92,794 shares aggregating to 0.0717% of the total paid up capital of Rain Calcining Ltd on November 11, 2005. The mode of acquisition is Secondary Market Purchase and the shareholding of UTI Mutual Fund after the said acquisition is 64,86,892 shares aggregating to 5.0096% of the total paid up capital of Rain Calcining Ltd.

Rain Calcining Ltd has informed the Exchange that at the AGM of the shareholders of the Company held on September 24, 2005, the following business was duly considered and adopted unanimously: 1) Reappointment of Mr. S. L. Rao as a director retiring by rotation. 2) Reappointment of Mr. Y. Santosh Kumar Reddy as a director retiring by rotation. 3) Appointment of Messrs. Price Waterhouse, Chartered Accountants, as Statutory Auditors of the Company and fixation of their remuneration. 4) Appointment of Mr. Brian L. Acton as director of the Company. 5) Revision of salary of Mr. N. Jagan Mohan Reddy,

Rain Calcining Ltd has informed the Exchange that the Register of Members and Share Transfer Books of the Company will remain closed from September 22, 2005 to September 24, 2005(both days inclusive) for the purpose of the AGM of the shareholders of the Company to be held on September 24, 2005.

Rain Calcining Ltd had informed the Exchange regarding the investment by the Company in a new green field calciner project being developed and implemented by 'Petroleum Coke Industries Company' (PCIC) in Kuwait in consortium with a group of leading Kuwaiti companies, Messrs. Al-Mal and A. H. Al-Sagar and also the Company's foreign collaborator, Oxbow Carbon & Minerals, LLC, U.S.A. This region has long been sought after by the calcining industry for expansion due to its access to exceptional quality raw material (Green Petroleum Coke) and also with the fast expanding aluminium production in the

Rain Calcining Ltd has informed the Exchange that 1) Industrial Development Bank of India Limited (IDBIL) have withdrawn the nomination of Mr. H. L. Zutshi as a Director of the Company and, in his place , Mr. A. V. Rammurty, Chief General Manager, IDBIL has been appointed as the nominee of IDBIL on the Board of Directors of the Company. In terms of the IDBI Act, 1964 read with section 15(2) of the Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 2003, Mr. A. V. Rammurty is not liable to retirement of directors by rotation and he is not required to hold any qualification sh

Rain Calcining Ltd had informed the the Exchange regarding the expansion of the petroleum coke calcining capacity to 480,000 metric tons per annum (MTPA) from 300,000 MTPA. The expansion of the plant at Visakhapatnam. Andhra Pradesh includes modernizing the existing production line. However, there is no change in the capacity of the power cogeneration facility. The expansion and modernization was funded by loans from International Finance Corporation (IFC); Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV. (FMO); and Nordic Investment Bank (NIB). The Company has now informed

Rain Calcining Ltd has informed the Exchange that Mr. Y. Santosh Kumar Reddy, Executive Director of the Company has sold 12,40,000 equity shares aggregating to 0.96% of the total shareholding of Rain Calcining Ltd. on March 18,2005 and March 21,2005. The mode of sale is Market Sale and the shareholding of Mr. Y. Santosh Kumar Reddy after the said sale is 39,96,910 shares aggregating to 3.09% of the total shareholding of Rain Calcining Ltd..

Rain Calcining Ltd has informed the Exchange that Rain Calcining Limited(RAIN) has renewed its association with Oxbow Carbon & Minerals, LLC,USA(OXBOW) by entering into definitive revised Agreements for the marketing of Calcined Petroleum Coke(CPC) and also supply of raw material, namely, Green Petroleum Coke(GPC).Under the agreements, OXBOW will continue to act as the marketing representative of RAIN for the finished product, CPC, in all countries of the world, except India, and source, procure and deliver GPC, from worldwide refineries to the RAIN plant at Visakhapatnam. OXBOW will market t