SALORAINTL

G. K. Jiwarajka, Karta , G. K. Jiwarajka, HUF has informed the Exchange that they propose to acquire 406,500 equity shares aggregating to 4.62% of the shares/voting rights of Salora International Limited under inter se transfer among promoters from (1) R. P. Khaitan, (2) R. P. Khaitan, Trustee C/o R P Khaitan family Trust, (3) R. P. Khaitan, Karta - H N Khaitan HUF, (4) S D Khaitan, K K Jiwarajka, S K Jiwarajka C/o Radiohms Agencies, (5) Sarla Devi Khaitan. The mode of proposed acquisition is by way of interse transfer among promoters and the date of proposed acquisition is March 02, 2007. Th

Salora International Ltd. has informed the Exchange that " the Company has entered into a Distribution Agreement with M/s. Fusion Electronics Ltd., New Zealand, whereby Company has been appointed as Distributor of marine audio and electronic Car products and components, within the territory of India".

Salora International Ltd. has submitted to the Exchange a copy of the Minutes of the AGM of the Company held on July 10, 2006. A copy of the Minutes shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Salora International Ltd. has informed the Exchange that the Annual General Meeting of the Company is scheduled to be held on July 10, 2006 and the share transfer books will remain close during the period from July 04, 2006 to July 10, 2006 (both days inclusive) for the purpose of determining entitlement to : (a) Attend the Annual General Meeting; and (b) Final dividend for the year 2005-06, if declared at the Annual General Meeting. The final Dividend for the year 2005-06, recommended by the Board of Directors of the Company @ 22.5%, if declared at the Annual General Meeting, will be paid to

Salora International Ltd. has informed the Exchange that the company has entered into a Joint Venture and Shareholders Agreement with M/s. Riverstone (HK) Ltd., Hong Kong and M/s. A & O Engineering Co. Ltd., Japan for formation of a Joint Venture Company in India for manufacture and sale / export of Deflection Yoke for TV and Components Industry.

Salora International Ltd. has informed the Exchange that the BODs of the Company in their meeting held on May 1, 2006, has recommended final dividend @ 22.5% on paid-up equity share capital in addition to Interim Dividend @ 22.5% already paid for the year ended March 31, 2006.

Salora International Ltd. has informed the Exchange that the Company has entered into Technical Collaboration and Licence Agreement with M/s. TEAC Corporation, a corporation established in Japan (TEAC). In terms of the Agreement, TEAC has granted to the Company an exclusive right to manufacture and sell within India, Television and DVD Players.

Salora International Ltd. has informed the Exchange that :- (1) Shri B. L. Chandak, resigned from the post of Company Secretary and was relieved on February 01, 2006 and Shri Sandeep Sabharwal has been appointed in his place to fill the vacancy caused w.e.f. February 02, 2006. (2) Shri Sandeep Sabharwal, Company Secretary, has been designated as Compliance Officer of the Company in place of Shri B. L. Chandak, who had resigned from the service of the Company.

Salora International Ltd. has informed the Exchange that the record date for the purpose of payment interim dividend has been fixed as February 17, 2006.

Salora International Ltd. has informed the Exchange that the BODs in its meeting held on January 31, 2006, declared interim dividend @22.50% on paid-up equity share capital for the year 2005-2006.

Salora International Ltd. has informed the Exchange that the Special Resolution for alteration of Object Clause of Memorandum of Association of the Company has been duly approved by requisite majority of the shareholders. The details of the Results of the Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Equity Intelligence India Private Limited has informed the Exchange that Equity Intelligence India Private Limited & its portfolio management service clients has acquired 22000 shares aggregating to 0.25% of the total paid up capital of Salora International Limited on January 17, 2006. The mode of acquisition is through Open Market and the shareholding of Equity Intelligence India Private Limited after the said acquisition is 445922 shares aggregating to 5.06% of the total paid up capital of Salora International Limited.

Salora International Ltd. has informed the Exchange that Equity Intelligence India Private Limited has acquired 22,000 shares aggregating to 0.25% of the total paid up capital of Salora International Limited on January 17, 2006. The mode of acquisition is through Open Market / NSE and the shareholding of Equity Intelligence India Private Limited after the said acquisition is 4,45,922 shares aggregating to 5.06% of the total paid up capital of Salora International Limited.

Salora International Ltd. has informed the Exchange that The India Fund Inc has sold 26,797 shares aggregating to 0.3% of the total share capital of Salora International Ltd. on December 28, 2005. The mode of sale is Market sale and the shareholding of The India Fund Inc after the said sale is 343,989 shares aggregating to 3.90% of the total share capital of Salora International Ltd.

Deutsche Bank, AG has informed the Exchange that The India Fund Inc has sold 26,797 shares aggregating to 0.3% of the total share capital of Salora International Ltd. on December 28, 2005. The mode of sale is Market sale and the shareholding of The India Fund Inc after the said sale is 343,989 shares aggregating to 3.90% of the total share capital of Salora International Ltd.

Salora International Ltd. has informed the Exchange that pursuant to Section 192A(2) of the Companies Act, 1956 ("Act") read with the Companies (Passing of the Resolutions by Postal Ballot) Rules, 2001 ("Rules"), seeking approval from the members for alteration of Object Clause by adding new Clause 6(a) after the Clause 6 thereof. The Company has appointed Mr. Mukul Mahesawari, Chartered Accountant, as Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The duly completed Postal Ballot Form should reach the scrutinizer on or before close of working hours on J

Salora International Ltd. has informed the Exchange that the Board in its meeting held on December 29, 2005, interalia, decided that- (1) Shri G.K. Jiwarajka, Managing Director of the Company, be designated as chief Executive Officer (CEO) of the Company.(2) Shri R. Sridharan, Sr. General Manager ( Accounts & Logistics) he designated as Chief Finance Officer (CFO) of the Company.

Salora International Ltd. has informed the Exchange that the Company has signed a Memorandum of Understanding (MOU) with Benq India Pvt. Ltd. Mumbai whereby the Company is to be appointed as a non exclusive National Distributor for BENQ Mobile phones (Siemens and BenQ Siemens) & Accessories in India for a total period of three years w.e.f. January 01, 2006. The formal agreement to the above effect is yet to be executed.

Salora International Ltd. has informed the Exchange that the Board of Directors of the Company in its meeting held on December 29, 2005 decided as under :- 1) The Company will set up a 6.25 MW wind park, initially with a view to sell the entire power generation from wind farm to Maharashtra State Electricity Distribution Company Ltd. 2) To implement the project, the Company has tied up with leading Wind Turbine Generator (WTG) manufacturer and wind park developer M/s. Suzlon Energy Ltd. Daman, known for their reputation in renewable energy sector. 3) The above contract includes purchase of 5 W

Salora International Ltd. has informed the Exchange that at the meeting of Board of Directors held on October 28, 2005 the following business was transacted :- 1) Resignation tendered by Shri Ketan A. Dalal, Director of the Company was accepted by the Board and Shri Sanjeev Kaul Duggal has been appointed in his place to fill the casual vacancy caused. 2) Resignation tendered by Dr. V. L. Dutt, Director of the Company was accepted by the Board and Shri Patanjali Govind Keswani has been appointed in his place to fill the casual vacancy caused.

Salora International Ltd. has submitted to the Exchange a copy of the Minutes of AGM of the Company held on July 18, 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).

Salora International Ltd. has informed the Exchange that The India Fund Inc. has acquired 109,461 shares aggregating to 1.24% of the total paid up capital of Salora International Ltd. on July 19, 2005. The mode of acquisition is through Open market and the shareholding of The India Fund Inc. after the said acquisition is 545,211 shares aggregating to 6.19% of the total paid up capital of Salora International Ltd.

Salora International Ltd. had informed the Exchange that The India Fund Inc. has acquired 109,461 shares aggregating to 1.24% of the share capital of Salora International Ltd. on July 19, 2005. The mode of acquisition is market purchase and the shareholding of The India Fund Inc. after the said acquisition is 546,211 shares aggregating to 6.19% of the share capital of Salora International Ltd. The Company has now informed the Exchange that the shareholding of The India Fund Inc. after the said acquisition is 545,211 shares aggregating to 6.19% of the share capital of Salora International Ltd.

Salora International Ltd. has informed the Exchange that The India Fund Inc. has acquired 109,461 shares aggregating to 1.24% of the share capital of Salora International Ltd. on July 19, 2005. The mode of acquisition is market purchase and the shareholding of The India Fund Inc. after the said acquisition is 546,211 shares aggregating to 6.19% of the share capital of Salora International Ltd.

Deutche Bank has informed the Exchange that The India Fund Inc. has acquired 109,461 shares of the company on July 19, 2005. The mode of acquisition is market purchase and the shareholding of The India Fund Inc. after the said acquisition is 545,211 shares aggregating to 6.19% of the share capital of Salora International Ltd.

Salora International Ltd. has informed the Exchange that the Company has entered into Supply and Distribution Agreement dated June 17, 2005, with M/s. MIM Resources Sdn Bhd (Company No. 531955-A) (MIMR) a company incorporated in Malaysia, who are the main distributors of M/s. TEAC Corporation, Japan. As per the agreement the Company will distribute the following products in India and Nepal under the Brand Name TEAC: 1) CE Products including Plasma Televisions, LCD Televisions and CTV; 2) Digital Audio and Video Systems; 3) Computers; 4) Communication Products; 5) Air-Conditioners.

Salora International Ltd. has submitted to the Exchange a copy of Notice of AGM scheduled to be held on July 18, 2005. The details of the AGM Notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server /Common/CorporateAnnouncements).

Salora International Ltd. has informed the Exchange that: 1. The AGM of the Company is schedulded to be held on July 18, 2005 and the share transfer books will remain close during the period July 12 to July 18, 2005 (both days inclusive) for the purpose of determining entitlement to: a) Attend the AGM; and b) Final dividend for the year 2004-05, if declared at the Annual General Meeting. 2. The final Dividend for the year 2004-05, recommended by the Board of Directors of the Company @ 25%, if declared at the AGM, will be paid to the eligible shareholders on and from July 23, 2005.

Salora International Ltd. has informed the Exchange that the BODs of the Company in their meeting held on May 16,2005 has recommended a final dividend @ 25% on paid-up equity share capital in addition to interim dividend @ 25% already paid for the year ended March 31,2005.

Salora International Ltd. has informed the Exchange that the company finalised a distribution agreement with M/s. Relgncom Limited of South Korea for sale and marketing of MP3 Players under "iRiver" Brand for India and SAARC Countries.

Salora International Ltd. has informed the Exchange that Salora International Ltd. (SIL) has entered into an agreement with M/s Xerox Modicorp Limited (XMC) whereby SIL has been appointed by XMC as a National Distributor for sale and distribution of the following products viz.,1)Entire Range of Laser Printers (Personal Laser Printers/Mono Network Laser Printers/Color Printers. 2)Multi Functional Devices. 3)Facsimile (Fax Machines). 4)Consumables for Laser Printers, Multi Functional Devices and Facsimile.

Salora International Ltd. has informed the Exchange that the BODs in its meeting held on January 21,2005,declared interim dividend @ 25% on paid-up equtiy share capital for the year 2004-05.The record date for the purpose of payment of interim dividend has been fixed as February 07,2005.The interim dividend to the eligible shareholders will be payable on and after February 08,2005.

Salora International Ltd. has informed the Exchange that 1)M/s.Sab Electronics Ltd., a group company have informed the company that they have sold 2,00,000 equity shares of Salora International Ltd. during the period November 10,2004 to November 11,2004 representing 2.271% of the total share capital of the company .The share holding of M/s.Sab Electronic Ltd., after the said sale is 1,70,800 shares of the company representing 1.939% of the total share capital of Salora International Ltd.2) M/s. Salora Finance Ltd., a group company have informed the company that they have sold 70,000 equity sh

4)Mr. Sushil Kumar Jiwarajka, Karta of Sushil Kumar Jiwarajka(HUF),Partner M/s.R.P.Electronics, one of the group concerns have informed the company that they have sold 70,000 equity shares of Salora International Ltd. during the period November 10,2004 to November 11,2004 representing 0.795% of the total share capital of the company .These shares were held in names of Mr.R.P.Khaitan, Karta R.P.Khaitan(HUF),Mr.K.K. Jiwarajka, Karta K.K. Jiwarajka(HUF) and Mr. S.K. Jiwarajka, Karta, S.K.Jiwarajka(HUF). The share holding of Mr. R.P.Khaitan,the first named shareholder after the said sale is 236900

Salora International Ltd. has informed the Exchange that Mr. S K Jiwarajka, Managing Director/promoter of the company has purchased 16,669 equity shares of the company, during the period October 11 & 12, 2004 in his individual capacity. In consequence of the above purchase of shares, the change in shareholding of Shri. S K Jiwarajka in personal capacity and as Karta of Sushil Kumar Jiwarajka (HUF) is as follows: 1) No. of shares as on June 22, 2004 - 3,63,763 (4.13%); 2) No. of shares acquired on October 11 & 12, 2004 - 16,669 shares (0.189%); 3) Total shareholding as on October 14, 2004 -

Salora International Ltd. has informed the Exchange that pursuant to resolution passed by the Company in its AGM held on July 29, 2004, applications were made to Stock Exchanges at Delhi, Ahmedabad and Calcutta for delisting of shares of the Company. Further, the Stock Exchange, Ahmedabad have conveyed approval for delisting of Company's Shares with effect from October 15, 2004.

Clarification of News : The press had reports on October 14, 2003 that Salora International Limited has tied up with British telecom company Telecom FM to distribute its fixed cellular terminals in India. 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. Salora International Limited has vide its letter inter-alia stated, "We confirm that the Company has tied-up with M/s. British Telecom Co. Telecom FM to distribute