SABERORGAN

Sabero Organics Gujarat Limited has informed the Exchange that "With reference to our letter dated 24th January 2014, informing you that the Board of Director of Coromandel International Limited (Coromandel) and Sabero Organics Gujarat Limited (Sabero) have approved a Scheme of Amalgamation for merger of Sabero with Coromandel, we wish to inform you that the Appointed Date under the said Scheme is 1st April 2014".

Sabero Organics Gujarat Limited had informed the Exchange regarding the direction of the Gujarat Pollution Control Board (GPCB) to close the operations at the Company's Sarigam unit within 15 days of their order for alleged non-conformance of certain environmental norms vide letter dated on November 18, 2013. The Company has now informed the Exchange that the GPCB, subsequent to their visit and inspection of the Company's unit, has vide its letter dated November 30, 2013 has revoked its closure order for a period of 3 months during which period Company will ensure adherence of guidelines stipu

Sabero Organics Gujarat Limited has informed the Exchange that "The Company has received a letter dated15th November, 2013, from the Environmental Engineer, Gujarat Pollution Control Board, Gandhi Nagar, advising us to close our production process at our Sarigam Unit in Gujarat, within 15 days of the letter, stating that there were certain non-compliances of the environmental parameters. Company has been making significant investments in the last two years for improving the environmental Infrastructure and has been adhering to the environmental standards. Company is taking necessary steps to a

Sabero Organics Gujarat Limited has informed the Exchange that the Company has remitted 50,000 Mexican Pesos (MXN) equivalents to USD 3903 towards subscription of 49,999 Shares of 1 MXN each representing 99.998% of Share Capital of Sabero Organics Mexico S.A de C.V., a Company incorporated in Mexico. On account of aforesaid investment by the Company, Sabero Organics Mexico S.A de C.V became subsidiary of the Company w.e.f. June 17, 2013.

Sabero Organics Gujarat Limited has informed the Exchange that the Company has remitted 50,000 Mexican Pesos (MXN) equivalents to USD 3903 towards subscription of 49,999 Shares of 1 MXN each representing 99.998% of Share Capital of Sabero Organics Mexico S.A de C.V., a Company incorporated in Mexico. On account of aforesaid investment by the Company, Sabero Organics Mexico S.A de C.V became subsidiary of the Company w.e.f. June 17, 2013.

Sabero Organics Gujarat Limited has informed the Exchange that pursuant to the provision of Companies Act, 1956 and the Articles of Association of the Company the Company have issued notices to all shareholders who have not paid the first & final call money of Rs 6/- per share, to pay the same to the Company within the stipulated time, along with the interest due thereon and their failure to do so it would result in forfeiture of the shares.

Sabero Organics Gujarat Limited has submitted to the Exchange a copy of Abstract of terms and condition of appointment of Mr. G. Veera Bhadram as President & Whole-time Director of the Company, Pursuant to Section 302 of the Companies Act, 1956, which has been despatched to the shareholders of the Company.

Sabero Organics Gujarat Limited has informed the Exchange that pursuant to Share Purchase Agreement dated May 30, 2011 entered into with Coromandel International Limited (Acquirer) by the then Promoter and Promoter Group shareholders of the Company, 36.75% of Equity Shares have been acquired by the Acquirer and further 31% from public shareholders through an open offer given to the shareholders of the Company. Post Acquisition the Acquirer holds 67.75% Shares of the Capital of the Company. Further, the Company had received a letter dated December 17, 2011 from Coromandel International Limited

Enam Securities Pvt Ltd has informed the Exchange that "Further to the Public Announcement by the Acquirer, pursuant to and in compliance with the Regulations, the shareholders of Sabero Organics Gujarat Limited are requested to note that the Date of opening of the Offer and other relevant dates mentioned in the PA under "schedule of the activities pertaining to the Offer" will undergo a change and the revised schedule of activities will be announced separately after receiving SEBI's approval to the letter of offer".

Enam Securities Pvt. Ltd. has informed the Exchange that the Acquirer (Coromandel International Limited ) has nominated Mr. V. Ravichandran and Mr. M.K. Tandon for appointment on the Board of Directors of the company as its representatives. The aforesaid persons have been appointed as additional directors of the company at the Board meeting of the company held on July 11, 2011, subject to necessary approvals. Further Enam Securities Pvt. Ltd has submitted a copy of announcement in this regards, published in the news paper on July 12, 2011.

Sabero Organics Gujarat Limited had informed the Exchange regarding the Outcome of Board Meeting held on July 30, 2010. Further the Company has now informed the Exchange that "while mentioning designation of Mr.Rajesh Sharma, there was typographical error and his designation is 'Whole-time Director and Chief Operating Officer' of the Company".

Sabero Organics Gujarat Ltd has submitted to the Exchange a copy of the Corporate Presentation of the Company. 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/sabero_updates_16122009.zip target=NEW> For more details click here.</a>