SIMBHSUGAR

Members of the Exchange are hereby informed that the trading in equity shares of Simbhaoli Sugars Limited shall be suspended w.e.f. November 24, 2015 (i.e. closing hours of trading on November 23, 2015) on account of Scheme of Amalgamation with Simbhaoli Spirits Limited.

Simbhaoli Sugars Limited has submitted a copy with respect to News Clarification captioned "Simbhaoli Sugars to fight NGT Order" to the Exchange.

The Exchange has sought clarification from Simbhaoli Sugars Limited with respect to recent news item captioned "Simbhaoli Sugars to fight NGT Order". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company are aware of any information that

News Verification : The media had reports that Simbhaoli Sugars Limited may dilute 45% stake in Kandla Refinery. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Simbhaoli Sugars Limited has vide its letter inter-alia stated," With reference to the news published in the newspapers, we wish to submit that the Company has been considering various options for setting up the Kandla refinery with proposed capacity of 100