SEINVEST

S.E. Investments Limited has informed the Exchange that the Hon'ble High Court of Delhi at New Delhi has on the basis of Company Application No. 232/2011 filed in respect of the Scheme of Arrangement amongst M/s S. E. Investments Ltd. (Demerged Company), M/s S. E. Power Ltd. (Resulting Company) and their Respective Shareholders, has fixing the final date of hearing as November 01, 2011.

S.E. Investments Limited has informed the Exchange vide its letter dated April 25, 2011, regarding ''No payment of Stamp Duty on Increased Authorised Share Capital by M/s S.E.Investments Ltd. as per the Order dated April 21, 2011 by the High Court of Delhi at New Delhi''.

S.E. Investments Limited has informed the Exchange that " in the past few days numerous persons from investor community have approached the company to check the negative impact on operations and performance of S E Investments Ltd due to new ordinance by Andhra Pradesh government.SEIL wish to bring on record that it has no exposure/ clients in micro finance sector in the State of Andhra Pradesh. SEIL does not have any plan to start its operations in the microfinance sector in the state of Andhra Pradesh. Since the company has no microfinance loan portfolio in the State of Andhra Pradesh, hence

S.E. Investments Limited has informed the Exchange that the Management Committee of United Bank of India vide its Sanction Letter No. NEP/ADV/SEIL/2010 dated September 22, 2010 has sanctioned and disbursed financial facilities of Rs.500 Million to the Company.

S.E. Investments Limited has informed the Exchange that "The management Committee of Punjab National Bank has enhanced Fund Based Limits from Rs.300 Million to Rs.450 Million and sanctioned Term Loan of Rs.600 Million to our Company"

S.E. Investments Limited has informed the Exchange that : " We have applied to Foreign Exchange Department of Reserve Bank of India Mumbai, for seeking approval of raising FFI / NRIs Shareholding Limit in our Company from 24% to 74% and same has been approved".