SAPL

Members of the Exchange are hereby informed that the trading in equity shares of South Asian Petrochem Limited shall be suspended w.e.f. July 15, 2010 (i.e. closing hours of trading on July 14, 2010) on account of Scheme of Amalgamation with Dhunseri Tea & Industries Limited.

Dhunseri Tea & Industries Limited (Dhunseri Petrochem & Tea Limited) has informed the Exchange that the Board of Directors of the Company, have fixed July 16, 2010 as the Record Date for the purpose of determining the shareholders of erstwhile South Asian Petrochem Limited ('SAPL/Transferor Company') who will be entitled to receive Equity Share of the Company in terms of the Scheme of Arrangement comprising interalia, amalgamation of SAPL with the Company (the Scheme). In accordance with the Scheme, the Company will issue and allot Equity Shares of Rs. 10/- each to the shareholders of erstwhil

South Asian Petrochem Limited has informed the Exchange that the Hon'ble High Court at Calcutta has approved the Scheme of Arrangement comprising inter alia, the amalgamation of the Company with M/s. Dhunseri Tea and Industries Limited with effect from April 1, 2009 (the Appointed date ) by an order dated June 25, 2010. Further the Order has also been filed with the Registrar of Companies on even date and as such the scheme is operative w.e.f. July 01, 2010.

South Asian Petrochem Limited has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter and year ended March 31,2010. 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/SAPL_LR_18052010.zip target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange vide its letter dated May 06, 2010 that "At the hearing held on even date, the Hon'ble High Court at Calcutta was pleased to approve the Scheme of Arrangement comprising, inter alia amalgamation of the Company with M/s. Dhunseri Tea and Industries Ltd."

South Asian Petrochem Limited has informed the Exchange vide its letter dated April 23, 2010 regarding the Press Release with respect to financial results for the quarter and year ended March 31, 2010. A copy 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/SAPL_pr_23042010.ZIP target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange that Mr. Subhash Bagaria has ceased to be a Director on the Board of the Company with effect from March 19, 2010 due to his demise on the said date.

South Asian Petrochem Limited has informed the Exchange that in the Shareholder's Meeting ordered by Court held on March 09, 2010, the shareholders have approved the scheme of Arrangement of the Company by requisite majority. A copy of the results of the Poll 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/SAPL_outcome_12032010.zip target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange that by an order made on February 08, 2010 the Hon'ble High Court at Calcutta has directed that separate meetings of the Equity Shareholders of Dhunseri Tea & Industries Limited, being the Applicant Company No. 1 (hereinafter referred to as "DTIL") and South Asian Petrochem Limited, being the Applicant Company No. 3 (hereinafter referred to as "SAPL") be held on March 09, 2010 for the purpose of considering and if thought fit, approving, with or without modification, the Scheme of Arrangement proposed to be made between DTIL, D I Marketin

South Asian Petrochem Limited has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter /nine months ended December 31,2009 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/SAPL_LR_02022010.ZIP target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on January 21, 2010) that: "During the year 2007-08 the company raised Rs. 7177.00 lacs by preferential allotment of equity shares. Out of the net proceeds after meeting issue expenses, Rs.1283.67 lacs has been utilized as an advance towards equity participation/expenses in new overseas project and the balance unutilized money stands deposited with banks".

South Asian Petrochem Limited has informed the Exchange regarding a press release dated January 21, 2010, regarding the Financial results for the quarter ended December 31, 2009 ". A copy 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/SAPL_PR_21012010.zip target=NEW> For more details click here.</a>

South Asian Petrochem Limited has submitted the Exchange regarding Disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares Takeovers) Regulation, 1997.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).<a href=/content/corporate/SAPL_DIS_12012010.zip target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange that the Board of Directors of South Asian Petrochem Limited (SAPL") at their meeting held on December 15, 2009 have approved of a Scheme of Arrangement between Dhunseri Tea & Industries Limited ("DTIL"), DI Marketing Limited ("DIML"), South Asian Petrochem Limited (SAPL") and Dhunseri Polycarbonate Limited ("DPL") and their respective shareholders entailing demerger and amalgamation from April 01, 2009 ("the Appointed Date"). Further the Company has informed the following: (i) Demerger of Jaipur Packet Factory and Investment Division ("

South Asian Petrochem Limited has informed the Exchange that: "The Company had entered into a License Agreement with M/s Asahi Kasei Chemicals Corporation, Japan (AKC) to construct a plant with a proposed capacity of 1,30,000 TPA to manufacture Polycarbornate using AKC's environmentally friendly technology. This is inform you that in view of the fact that the license agreement with AKC had expired and considering the global recession the said project has been dropped".

South Asian Petrochem Limited has informed the Exchange regarding Buy Back of 200 Zero Coupon Unsecured Foreign Currency Convertible Bonds (FCCBs). 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).<a href=/content/corporate/South_FCCB_05112009.zip target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter ended September 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on October 27, 2009) that: "During the year 2007-08 the company raised Rs. 7177.00 lacs by preferential allotment of equity shares and Rs. 7864.00 lacs from the issue of Foreign Currency Convertible Bonds (FCCB).Out of the net proceeds after meeting issue expenses, Rs.1265.09 lacs has been utilized as an advance towards equity participation/expenses in new overseas

South Asian Petrochem Limited has informed the Exchange that "The Company has made an application for conversion from a 100% EOU to DTA unit to the Development Commissioner (DC), Falta Special Economic Zone in terms of de-bonding guidelines. Further the Company is not availing EOU benefits w.e.f. 16th October, 2009".

South Asian Petrochem Limited has informed the Exchange regarding a press release dated October 27, 2009, with respect to Unaudited financial results for the quarter ended September 30, 2009. A copy 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/SAPL_PR_27102009.zip target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange vide its letter dated October 24, 2009 that "The Company had allotted 200 Zero Coupon Unsecured Foreign Currency Convertible Bonds (FCCBs) of US $ 1,00,000 each for an aggregate amount of US$ 20,000,000 on January 16, 2009. Out of these, Bonds amounting to US $ 7,500,000 have been bought back by the Company on even date".

South Asian Petrochem Limited has informed the Exchange regarding the details of shares of the Company pledged by the promoter or every persons forming part of the promoter group of the company. Further the Company has submitted to the Exchange intimation under Regulation 8A(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, for the quarter ended September 30, 2009. 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).<a hre

South Asian Petrochem Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on July 25, 2009. 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/SouthAsia_AGM_19082009.zip target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. 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/SAPL_LR_30072009.zip target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter ended June 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on July 25, 2009) that: "During the year 2007-08 the company raised Rs. 7177.00 lacs by preferential allotment of equity shares and Rs. 7864.00 lacs from the issue of 200 Zero Percent unsecured Foreign Currency Convertible Bonds (FCCB) of US$ 100,000 each aggregating to US$ 20 million. Out of the net proceeds after meeting issue expenses, Rs 1252.14 lacs has been utiliz

South Asian Petrochem Limited has informed the Exchange regarding the Press Release with respect to the results for the quarter and year ended June 30, 2009. A copy 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/SAPL_pr_25072009.zip target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange that "The Company has been assigned Credit rating of CARE A (Is) [(Single A (Issuer Rating)] by Credit Analysis & Research Ltd. At the same time CARE has assigned the short term debt rating of PR1+(P R One Plus) for the Short Term Debt (STD) programme (including Commercial Paper) of the Company for the an amount upto Rs. 50 Crore for a maturity upto six months".

South Asian Petrochem Limited has submitted to the Exchange a copy of Notice of the Annual General Meeting of the Shareholders of the Company to be held on July 25, 2009. 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/southAsian_Agm_07072009.zip target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange that on the basis of approval of the shareholders at the Extra Ordinary General Meeting held on December 08, 2007, the Company had issued 1,40,64,273 convertible warrants on preferential basis to IFC/ Promoter group on December 20, 2007. The allotees had the option to convert the warrants into equity shares within eighteen months from the date of allotment. The period for exercising the option for the conversion of the said convertible warrants to equity shares expired on June 19, 2009. None of the allotees have exercised the option for c

South Asian Petrochem Limited has informed the Exchange vide its letter dated June 11, 2009 "that West Bengal Industrial Development Corporation has withdrawn the nomination of Mrs. N. Chakravorty with effect from April 30, 2009. Consequently Mrs. N. Chakravorty has ceased to be a director in the Company with effect from April 30, 2009."

South Asian Petrochem Limited has informed the Exchange vide its letter dated May 09, 2009 regarding the Press Release with respect to financial results for the quarter and year ended March 31, 2009. A copy 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/southasian_PR_14052009.ZIP target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange that the Board of Directors at its meeting held on May 09, 2009 has recommended declaration of dividend on the Equity Shares of the Company at Re. 0.40 per share. Further, the Annual General Meeting of the Company will be held on July 25, 2009. Further, the Register of Members and share transfer books will remain closed from July 14, 2009 to July 25, 2009 (both days inclusive). The Company has also submitted to the Exchange a copy of summarised Working Results for the year ended March 31, 2009. A copy of the same shall be available on the

South Asian Petrochem Limited has informed the Exchange that in lieu of Unaudited Financial Results for the last quarter of the financial year 2008-09, the Company shall be publishing Audited Financial Results as of March 31, 2009, on or before June 30, 2009 i.e. three months from the end of the quarter.

South Asian Petrochem Limited has informed the Exchange that Mr. S.K. Pai has been appointed as IDBI's Nominee Director in the Company with effect from February 21, 2009. Consequently Dr. S.S.Banerjee has been ceased to be a Director in the Company with effect from the said date. The matter will be placed before the next Board Meeting of the Company.

South Asian Petrochem Limited has submitted to the Exchange a copy of the Disclosure under Regulation 8A of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997. 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/SouthAsian_Pledge_10022009.zip target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange that company has been granted voluntary delisting under SEBI ( Delisting of Securities ) Guidelines 2003 by Calcutta Stock Exchange vide their letter No.CSEA/ID/036/2009 dated January 27, 2009 and the shares of the Company are now being delisted from the official list of the Calcutta Stock Exchange.

South Asian Petrochem Limited has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2008.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/SAPL_LR_04022009.zip target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter and nine months ended December 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on January 22, 2009) that: "During the year 2007-08 the company raised Rs. 7416.23 lakhs by preferential allotment of equity shares and equity share warrants and Rs. 7864.00 lakhs from the issue of the FCCB. Out of the net proceeds after meeting issue expenses, Rs. 997.09 lakhs has been utilized as an advance towards equity participation in new overs

South Asian Petrochem Limited has submitted to the Exchange a copy of the voluntary disclosure received by the company under SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 1997. The disclosure pertains to the purchase of shares by Trimplex Investments Private Limited taking the aggregate promoters holding in the Company from 54.67% to 55.00%. 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/SAPL_DIS_13012009.zip tar

South Asian Petrochem Limited has informed the Exchange with reference to issue of Foreign Currency Convertible Bonds (FCCBs) of an aggregate amount of upto USD 20 Million. The Company has informed the Exchange that as per Condition 4.6 of the Offering Circular dated January 16, 2008 for the issue of the abovementioned bonds the intial conversion price of the bonds was INR 22.50 per share. The abovementioned equity shares had been calculated on the basis of the conversion price of INR 22.50 par share and an assumed exchange rate of INR 39.50 per USD. However, as per the Offering Circular dated

South Asian Petrochem Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on October 25, 2008 noted that the Company has been assigned Credit rating of CARE A (Is) [Single A (Issuer Rating)] by Credit Analysis & Research Ltd. At the same time CARE has assigned the short term debt rating of PR1+(P R One plus) for the Short Term Debt (STD) programme of the Company for an amount up to Rs. 25 Crore for a maturity up to six months.

South Asian Petrochem Limited has informed the Exchange that the Company has entered into a License Agreement with M/s Asahi Kasel Chemicals Corporation, Japan (AKC) to construct a plant to manufacture Polycarbonate using AKC's environmentally friendly technology. The proposed capacity of the plant will be 1,30,000 TPA. The Company will enjoy exclusively for a period of seven (7) years and no other license will be given by AKC in India. The plant would be put up in a separate Company.

South Asian Petrochem Limited has submitted to the Exchange the proceedings of Annual General Meeting of the Company held on July 26, 2008. 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/SAPL_AGM_19082008.zip target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008. The details of the limited review report 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/SAPL_LR_31072008.zip target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter ended June 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on July 26, 2008) that during the year 2007-08 the Company raised Rs.7416.23 lakhs by preferential allotment of equity shares and equity share warrants and Rs.7864 lakhs from the issue of the FCCB. Out of the net proceeds after meeting issue expenses, Rs.971.14 lakhs has been utilized as an advance towards equity participation in new overseas project. The balance unutil

South Asian Petrochem Limited has informed the Exchange that the shareholders of the Company at the Annual General Meeting held on July 26, 2008 have unanimously declared a dividend on the Equity Shares of the Company @ 5% per equity share of Rs.10/- each, (i.e. Re.0.50 per equity share).

South Asian Petrochem Limited has informed the Exchange that the Board of Directors at its meeting held on May 12, 2008 inter alia, have approved the Profit & Loss Account for the year ended March 31, 2008 and the Balance Sheet as at that date. The copy of summarised working results 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/SAPL_updates_14052008.zip target=NEW> For more details click here.</a>

South Asian Petrochem Limited has informed the Exchange vide notes to Accounts in the Audited financial results for the Quarter and year ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on May12, 2008) that during the year the Company raised Rs.74.16 cr by preferential allotment of equity shares and equity share warrants and Rs.78.64 Cr from the issue of the FCCB. Out of the net proceeds after meeting issue expenses, Rs.9.71cr has been utilized as an advance towards equity participation in new overseas project. The balance unutilized money eith

South Asian Petrochem Limited has informed the Exchange that the Boards of Directors of the company at its meeting held on May 12, 2008 inter alia, have taken the following decisions: (1) To convene Annual General Meeting of the Company on July 26, 2008. (2) The Register of Members and share transfer books will remain closed from the July 15, 2008 to July 26, 2008 (both days inclusive).

South Asian Petrochem Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2008 recommended declaration of dividend on the Equity Shares of the Company at Re.0.50 per share.

South Asian Petrochem Limited has informed the Exchange that "In lieu of Unaudited Financial Results for the last quarter of the financial year 2007-08, the Company shall be publishing Audited Financial Results as of March 31, 2008, on or before June 30, 2008 i.e. three months from the end of the quarter".