SHRIRAMINV

Shriram Investments Ltd. has informed the Exchange that The Merger of the Company with Shriram Transport Finance Company Limited Was heard by the Honourable High Court, Madras on November 25, 2005 and necessary order for merger has been duly passed. The Board at its meeting held on November 30, 2005 took on record the merger order copy issued by the Honourable High Court, Madras. Since the effective date of merger is November 30, 2005, and as on this date the Company stands dissolved without being wound up, the Directors at their meeting held on November 30, 2005 did not consider half yearly a

Shriram Investments Ltd. has informed the Exchange that the Board at their meeting held on July 28, 2005, have, subject to all requisite approvals and sanctions of the members, creditors and regulatory authorities as may be required, approved the Scheme of Amalgamation of the Company with Shriram Transport Finance Company Ltd. The Appointed Date has been fixed as April 01, 2005. The Board has recommended the share exchange ratio of 1 equity shares of Rs.10 each fully paid up of Shriram Transport Finance Company Ltd. for every 1 equity share of Rs.10 each fully paid up of the Company. The Board