SHRIASTER

The Exchange had sought clarification from SHRI ASTER SILICATES LIMITED with respect to announcement dated 05-Dec-2016, regarding "SHRI ASTER SILICATES LIMITED has informed the Exchange that Ms. Lekha Manibhai Buch has been appointed as an Additional Director of the company w.e.f. December 03, 2016."On basis of above the Company is required to clarify following:1. Brief profile (in case of appointment);2. Disclosure of relationships between directors (in case of appointment of a director).The response of the Company is enclosed.

SHRIASTER:The Exchange has sought clarification from SHRI ASTER SILICATES LIMITED with respect to announcement dated 05-Dec-2016, regarding "SHRI ASTER SILICATES LIMITED has informed the Exchange that Ms. Lekha Manibhai Buch has been appointed as an Additional Director of the company w.e.f. December 03, 2016."On basis of above the Company is required to clarify following:1. Brief profile (in case of appointment);2. Disclosure of relationships between directors (in case of appointment of a director).The response of the Company is awaited.

Members of the Exchange are hereby informed that trading in the equity shares of Aster Silicates Limited will be suspended w.e.f. October 22, 2012 (i.e. closing hours of trading on October 19, 2012) as the company has failed to respond satisfactorily to the notice of the Exchange for non-compliance with the provisions of listing agreement.

Price movement : Significant price movement has been observed in Aster Silicates Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Aster Silicates Limited has vide its letter inter-alia stated," The company has informed the stock exchange on December 23, 2010 that "The Company has started the first phase commercial production of the new project establish out of IPO funds from December 23, 2010 with 150 MT per day capacity. Fu