RCAPVL

Members of the Exchange are hereby informed that the trading in equity shares of Reliance Capital Ventures Limited shall be suspended w.e.f. July 25, 2006 (i.e. closing hours of trading on July 24, 2006) on account of Scheme of Amalgamation and Arrangement of Reliance Capital Ventures Limited with Reliance Capital Limited.

Reliance Capital Ventures Limited has informed the Exchange that :-1)The High Court of Gujarat at Ahmedabad vide its order dated June 22, 2006 and the High Court of Judicature at Bombay vide its order dated June 23, 2006 sanctioned the Scheme of Amalgamation and Arrangement between Reliance Capital Ventures Limited(the"Transferor Company"),Reliance Capital Limited (the"Transferee Company") and their respective Shareholders and Creditors ("Scheme").2)Upon filing of the said orders with the Registrar of Companies, Gujarat and the Registrar of Companies, Maharashtra respectively, the Scheme has b

Reliance Capital Ventures Limited has informed the Exchange that the Hon'ble High Court of Judicature at Bombay on June 23, 2006 passed an order sanctioning the Scheme of Amalgamation of Reliance Capital Ventures Limited with Reliance Capital LImited.

Reliance Capital Ventures Limited has informed the Exchange that Quantum (M) Limited has acquired 50,00,000 shares aggregating to 0.41% of the share capital of Reliance Capital Ventures Limited on June 07, 2006. The mode of acquisition is Market Purchase and the shareholding of Quantum (M) Limited after the said acquisition is 6,50,31,086 shares aggregating to 5.32% of the share capital of Reliance Capital Ventures Limited.

Nishith Desai Associates has informed the Exchange that Quantum (M) Limited has acquired 5,000,000 shares aggregating to 0.41% of the share capital of Reliance Capital Ventures Limited on June 07, 2006. The mode of acquisition is Open Market and the shareholding of Quantum (M) Limited after the said acquisition is 65,031,086 shares aggregating to 5.32% of the share capital of Reliance Capital Ventures Limited.

HSBC Halbis Partners (Hong Kong) Ltd has informed the Exchange that HSBC Global Investment Funds - A/C HSBC Global Investment Funds (Mauritius) Limited and PAC : HSBC Halbis Partners (Hong Kong) Ltd has acquired 2,000,000 shares of the share capital of Reliance Capital Ventures Limited on May 16, 2006. The mode of acquisition is Market Purchase and the shareholding of HSBC Global Investment Funds - A/C HSBC Global Investment Funds (Mauritius) Limited and PAC : HSBC Halbis Partners (HOng Kong) Ltd after the said acquisition is 62,578,073 shares aggregating to 5.11% of the share capital of Relia

Reliance Capital Ventures Limited has informed the Exchange that the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of the Applicant Company be convened and held on April 26, 2006 for the purpose of considering and, if thought fit, approving with or without modification(s), the Scheme of Amalgamation and Arrangement of Reliance Capital Ventures Limited, the Applicant Company with Reliance Capital Lt and their respective shareholders and creditors ("the Scheme"). Copy of the notice of the meeting shall be available on the NSE website (http://ww

Reliance Capital Ventures Limited has informed the Exchange that has informed the Exchange regarding the initial disclosures made by the directors and designated employees of the company as follows : Shri. Anil D. Ambani, Chairman, holds 1859271 shares of Reliance Capital Ventures Limited. The shares have been allotted under scheme of arrangement.

Reliance Capital Ventures Limited has informed the Exchange that the Hon'ble High Court of Judicature at Bombay has directed the convening of a meeting of Shareholders of Reliance Capital Ventures Limited (RCAPVL) on April 26, 2006 to approve the Scheme of Amalgamation of RCAPVL with Reliance Capital Limited (RCL). The Meeting of Equity Shareholders of RCL has been convened by the Hon'ble High Court of Gujarat on April 25, 2006. A copy of the media release issued by the company on March 24,2006 regarding the tentative time schedule for implementation of proposed amalgamation titled "RELIANCE C