SHRIASTER

Dalmia Securities Pvt Ltd ("Manager to the Open Offer"), has submitted a copy of pre offer advertisement issued for and on behalf of Sicom Investments & Finance Ltd ("Acquirer") as required under regulation 18(7) of SEBI (SAST) Regulations, 2011. This is reference to the open offer for acquisition of up to 26% i.e.61,16,922 equity shares from the equity shareholders of Aster Silicates Limited by Sicom Investments & Finance Limited made vide public announcement dated February 20, 2013.

Aster Silicates Limited has informed the Exchange that with effect from July 01, 2013, the commercial production at the plant of the Company located at Jhagadia, and the plant located at Kheda have commenced. The plants were shut down since July 2011. Refurbishing/ modifications/ modernisation of plant commenced in January/ February 2013, followed by Trial runs and now commercial production has commenced.

Aster Silicates Limited has submitted to the Exchange a Copy of Statement of Asset & Liability for the quarter ended- September 2012.

Aster Silicates Limited had informed the Exchange that the Board of Directors of the Company at its meeting held on July 19, 2012 inter alia, considered and approved the following matters: (a) 50,00,000 Warrants Convertible into equity shares to Mr. Mahesh A. Maheshwari and Namrata M. Maheshwari, on preferential basis; (b) Change of Registered office of the Company with in the same state but from one city to another city. The members of the Company will consider the same by way of Postal Ballot. The Company has now informed the Exchange that there was typographical error in no. of warrants to

Aster Silicates Limited has informed the Exchange vide its letter dated June 05, 2012 that " the Company had successfully completed the plant of 300Mts/day out of IPO proceeds & also completed additional 300Mts/day plant from Company's own funds. So total capacity is 750 Mts/day as against 150Mts/day before IPO. The Company could not start unit because of less availability or erratic supply of gas. Now gas availability at Jaghadia is assured & Company's in final step of signing new gas sales agreement. On completion the Company shall start unit very shortly in phased manner. The company is exp

Aster Silicates Limited has informed the Exchange vide its letter dated February 29, 2012 regarding "Intimation about takeover of assets by SIDBI".

Aster Silicates Limited has informed the Exchange that the maintenance & repairing of the plant has been completed and there was problem of availability of gas which is sorted out and the Kheda unit started working from October 14, 2011.

Aster Silicates Limited has informed the Exchange that the Company has done successful trials on small scale for growing cash crops and nutritive, value added products in desert land. Company plans to put a demo plant after Diwali on 10 Acres of land in desert area and also plans to take 100 Acres of land on lease from Government before March in desert area. Hence, Company has done two major breakthrough : (1) Successful demo plant running in Coastal Gujarat on saline land with saline water of 15000 TDS with organic fertilizers produced from effective biocomposting unit and by product biogas i

Aster Silicates Limited has informed the Exchange that the annual maintenance of the plant at Jaghadia has been completed and production will start shortly.

Aster Silicates Limited has informed the Exchange that Mr. Uma Maheshwaran has been appointed as Independent Director of the Company. Further, Mr. Venkat Chalam Independent Director & Mr. Janak Patel Company Secretary has been resigned from the Company.

Aster Silicates Limited has informed the Exchange vide its letter dated August 23, 2011, regarding "Intimation about new plans".

Aster Silicates Limited has informed the Exchange that the Civil work for the the additional 300 MTs of Plant for producing Sodium Silicates has been completed and furnace work will get completed by September 2011 end. Further the Company has also undergone feasibility study for installing unit at Middle east.

Aster Silicates Limited has informed the Exchange that due to emergency breakdown, Existing Jhagadia Plant shall be closed for repairing & maintenance for the period of Minimum 15 days. Repairing will be starting from July 1, 2011. The Company will intimate the Exchange as soon as the plant will be restarted.

Aster Silicates Limited has informed the Exchange 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. Further the entire project would be completed by March 2011.