SIRPAPER

The Sirpur Paper Mills Ltd has informed the Exchange that Production and all other activities at the company's Mill at Sirpur-Kaghaznagar have stopped due to heavy torrential rains leading to complete water logging, flood, disruption of road and rail transport etc. Necessary insurance claim shall be lodged after loss assessment in due course of time.

The Sirpur Paper Mills Ltd has informed the Exchange that the production on all machines and normal functioning at the mill at Sirpur Kaghaznagar, has re-strated on August 06, 2006. Insurance claim has been lodged with necessary authorities.

The Sirpur Paper Mills Ltd has informed the Exchange that the AGM of the company scheduled to be held on July 20, 2006 will now be held on July 28, 2006.

The Sirpur Paper Mills Ltd had informed the Exchange that the Share Transfer Books of the Company will remain closed from July 14, 2006 to July 20, 2006 inclusive of both days, in order to enable the Register of Members to be brought upto date for the purpose of calculating the Final dividend that may be sanctioned by the Shareholders at the AGM to be held on July 20, 2006. The Company has now informed that the Share Transfer Books of the Company will remain closed from July 21, 2006 to July 28, 2006 inclusive of both days (and not July 14, 2006 to July 20, 2006 as mentioned earlier).

The Sirpur Paper Mills Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 20, 2006 have recommended a final dividend @ 10% i.e. Re. 1 per share on 1,50,11,185 ordinary shares of Rs. 10 each fully paid. The interim dividend @ 25% which was declared by the Board of Directors at its meeting held on March 21, 2006 (both on fully paid and partly paid ordinary shares) was already distributed to the shareholders of April 15, 2006. The total dividend for the year works out to Rs. 425 lacs.

The Sirpur Paper Mills Ltd has informed the Exchange that the Share Trabsfer Books of the Company will remain closed from July 14,2006 to July 20,2006 inclusive of both days, in order to enable the Register of Members to be brought upto date for the purpose of calculating the Final dividend that may be sanctioned by the Shareholders at the AGM to be held on July 20,2006.

The Sirpur Paper Mills Ltd has informed the Exchange that the working of the mills has been restored and plants started in C-shift of May 13, 2006 after the strike was called off by the workers.

The Sirpur Paper Mills Ltd has informed the Exchange that the workers of the Company at the mill in Sirpur-Kaghaznagar have initiated a completely illegal strike from 6:00 A.M.on May 10, 2006 resulting in total stoppage and disruption of production.

The Sirpur Paper Mills Ltd had informed the Exchange regarding the date on and from which the Interim Dividend on shares will be payable i.e on or before April 20, 2006 i.e within the stipulated period of 30 days from the date of declaration of dividend. The Company has now informed the Exchange that the Company's banker's Industrial Development of India Ltd, Hyderabad, has agreed to pay the dividends at par at all the branches of their Bank's in India. A list of centres of IDBI Ltd shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and o

The Sirpur Paper Mills Ltd has informed the Exchange that the Board of Directors of the Company in its meeting held on March 21, 2006 has cancelled the allotment of 2020 partly paid ordinary shares applied as Additional Shares and allotted (out of 32,789 Ordinary Shares kept under abeyance) on January 11, 2006 as follows:- (1) HJN Capital Services Pvt. Ltd. 1200 Shares and (2) Lunia Investment and Finance Pvt. Ltd. 820 shares, as the allotment is irregular. The said 2020 ordinary shares will be kept under abeyance for offer and allotment to the abeyance shareholders of the Rights Issues.

The Sirpur Paper Mills Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on March 21, 2006 declared an Interim Dividend of Rs.2.50 (25%) per Ordinary Share on fully paid Ordinary shares (Rs.10/- paid-up) and proportionate Dividend (Re.1.00 per share) on partly paid ordinary shares (Rs.4/- paid-up) for the financial year ending March 31, 2006.

Members of the Exchange are hereby informed that the trading in the partly paid up equity shares (Series E1) of The Sirpur Paper Mills Ltd. shall be suspended w.e.f. March 24, 2006 (i.e. closing hours of March 23, 2006) for the payment of final call money.

The Sirpur Paper Mills Ltd has informed the Exchange that the Company has fixed April 01, 2006 as Record Date: 1) for the purpose of determining the eligibility of the members of the Company for the payment of Interim Dividend on both fully-paid up and partly paid-up ordinary shares of the Company, if approved and declared by the Board; 2) for the purpose of reckoning the names of the partly-paid shareholders for the purpose of sending First and Final Call Money Notices.

The Sirpur Paper Mills Ltd has informed the Exchange that at the meeting of the BODs of the Company held on January 30, 2006 the following decisions have been taken: (1) To make a first and final call of Rs.54/- (Rs.6/- towards ordinary share capital and Rs.48/- towards premium) on all the Registered Shareholders of 66,72,536 ordinary shares of Rs.10/- each of the Company as on the Record Date fixed for the purpose. (2) April 01, 2006 has been fixed as the Record Date. (3) May 05, 2006 has been fixed as the Last Date for payment of Call Money.

The Sirpur Paper Mills Ltd has informed the Exchange that Shri Arun Kumar Gupta, M.Com.,L.L.B., FCA, FCS has been appointed as the new Company Secretary of The Sirpur Paper Mills Limited in place of Shri Dharam Pal Dave.

The Sirpur Paper Mills Ltd has informed the Exchange that the Rights Issue Committee of the Company which met on January 11, 2006 has allotted 32, 789 ordinary shares of Rs. 10/- each at a premium of Rs. 80/- per share to the 13 applicants. The amount paid per share on application and allotment is Rs. 36/- (Rs.4 towards share capital and Rs. 32/- towards securities premium) and the balance amount of Rs. 54/- per share is payable on call.

The Sirpur Paper Mills Ltd has informed the Exchange that a meeting of the Committee of Directors of the Company will be held on January 11, 2006 to consider the applications received for allotment of 32,789 shares kept under abeyance as the shares were lying in the Clearing Member accounts of NSDL as on the Record Date for the Company's Rights Issue i.e. March 04, 2005.

The Sirpur Paper Mills Ltd has informed the Exchange that the auditor's have conducted the limited review of the un-audited financial results for the half year ended September 30, 2005 and the details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

The Sirpur Paper Mills Ltd has informed the Exchange that the BODs of the Company at their meeting held on October 22, 2005, have appointed the following Directors on the Board of the Company:- (1) Shri L.K. Dash, Former Executive Director of LIC of India as Additional Director of the Company w.e.f. October 22, 2005. (2) Shri C. Srinivasu as Nominee Director of Industrial Development Bank of India Ltd in place of Shri R.S. Vidya Sagar w.e.f. August 17, 2005.

The Sirpur Paper Mills Ltd has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2005 and the details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

The Sirpur Paper Mills Ltd has informed the Exchange that the date on and from which the dividend on shares will be payable is on or before August 28, 2005, but before the stipulated period of 30 days from the date of declaration of dividend.

The Sirpur Paper Mills Ltd has informed the Exchange that Shareholders of the Company at the AGM held on July 30, 2005 have re-appointed Shri Devashish Poddar as Whole-time Director designated as Chief Operating Officer (COO) of the Company for a period of 2 years w.e.f. August 01, 2005. Prior to his re-appointment, Shri Poddar was a Whole-time Director designated as Director (Corporate Planning).

The Sirpur Paper Mills Ltd has informed the Exchange that Amba Investment Pvt. Ltd.has acquired 1184967 ordinary shares equivalent to 7.91% of post rights issue paid-up share capital of the Company. The date of acquisition is May 31,2005.The mode of acquisition is through rights offer and the shareholding of Amba Investment Pvt. Ltd. after the said acquisition is 1184967 ordinary shares equivalent to 7.91%.

The Sirpur Paper Mills Ltd has informed the Exchange that M/s Aravali Securities and Finance Ltd., a promoter and substantial shareholder of the company has acquired 1700000 ordinary shares equivalent to 25.60% shares offered on rights basis on May 31,2005.The mode of acquisition is through rights offer and the shareholding of M/s Aravali Securities and Finance Ltd. after the said acquisition is 4729131 ordinary shares equivalent to 31.57%.

The Sirpur Paper Mills Ltd has informed the Exchange that the Share Transfer Books of the Company will remain closed from July 23, 2005 to July 30, 2005 inclusive of both days, in order to enable the Register of Members to be brought upto date for the purpose of calculating the dividends that may be sanctioned by the Shareholders at the AGM. The AGM of the Company is scheduled to be held on July 30, 2005.

The Sirpur Paper Mills Ltd has informed the Exchange that Aravali Securities & Finance Ltd. along with PACs Amba Investments Pvt.Ltd., Central India Industries, Ranjan Kumar Poddar and National Engg.Inds.Ltd.(Acquirer and PACs) have acquired 2886003 shares aggregating to 43.25% of the total paid up capital of The Sirpur Paper Mills Ltd on May 18, 2005..The mode of acquisition is rights issue and the shareholding of acquirer and PACs after the said acquisition is 6493505 shares aggregating to 43.35% of the total paid up capital of the company.

Aravali Securities and Finance Ltd has informed the Exchange that they along with their PACs AMBA Investments Pvt. Ltd., Central India Industries, Ranjan Kumar Poddar and National Engg. Inds. Ltd. have acquired 28,86,003 shares aggregating to 43.25% of the total paid up capital of The Sirpur Paper Mills Ltd. on May 18, 2005. The mode of acquisition is Right issue and the shareholding of Aravali Securities and Finance Ltd. along with the PACs after the said acquisition is 64,93,505 shares aggregating to 43.35% of the total paid up capital of The Sirpur Paper Mills Ltd.

The Sirpur Paper Mills Ltd has informed the Exchange that the BOD's of the company at their meeting held on May 23, 2005, recommended dividend @50% for the year ended March 31,2005.

The Sirpur Paper Mills Ltd has informed the Exchange that Aravali Securities & Finance Ltd., Amba Investments Pvt.Ltd., Central India Industries, Ranjan Kumar Poddar and National Engg.Inds.Ltd.(Acquirer and PACs) have acquired 2886003 shares aggregating to 43.25% of the total paid up capital of The Sirpur Paper Mills Ltd..The mode of acquisition is rights issue and the shareholding of acquirer and PACs after the said acquisition is 6493505 shares aggregating to 43.35% of the total paid up capital of the company.

The Sirpur Paper Mills Ltd has informed the Exchange that Shri Dharam Pal Dave, B.Sc., FCS, has been appointed as the new Company Secretary of The Sirpur Paper Mills Limited w.e.f. April 01, 2005.

The Sirpur Paper Mills Ltd has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the nine months ended December 31, 2004 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

The Sirpur Paper Mills Ltd has informed the Exchange that the Company is increasing prices by Rs.500 - Rs.750 per Ton with effect from April 1, 2005.

The Sirpur Paper Mills Ltd has informed the Exchange that in connection with the issue and offer of 66,72,536 ordinary shares of Rs.10/- each to the existing ordinary shareholders of the company on rights basis in the ratio of 4:5 i.e 4(four) ordinary shares for every 5(five) ordinary shares held as on the record date i.e. March 04,2005 at a premium of Rs.80/- per share to be paid on application-Rs.36/- per share and on call(within 12 months)-Rs.54/-. The BODs of the company in its meeting held on March 05,2005 decided as follows:1)Date of opening of the rights issue-March 21,2005;2)Last date

The Sirpur Paper Mills Ltd has informed the Exchange that at the meeting of the Committee of Directors (Rights Issue Committee) held on February 17, 2005, the following decisions have been taken : a) For determining the rights entitlement of the shareholders in case of Rights Issue of ordinary shares in the ratio of 4 ordinary shares for every 5 ordinary shares held, March 04, 2005 has been fixed as the Record Date. b) Issue Price has been fixed at Rs.90/- per ordinary share, including Premium of Rs.80/- per Ordinary Share; c) Terms of payments will be as under : (i) On application and allotme

The Sirpur Paper Mills Ltd had informed the Exchange that the BODs of the company at their meeting held on December 21,2004 decided to issue and offer 66,72,536 ordinary shares of Rs.10/- each to the existing ordinary shareholders of the Company in the ratio of 4:5 i.e Four Ordinary Share for every Five ordinary share held, at a price band of Rs.75/- to Rs.90/- per share and delegated powers to the 'Rights Issue Committee to fix the Record Date and the exact issue price (including premium) per share. The company has further informed that a meeting of the Rights Issue Committee will be held on

The Sirpur Paper Mills Ltd has informed the Exchange that there was a fire accident at Paper machine No.2 on January 24, 2005 in the morning, leading to its break down and consequent loss of production of 30 MTs of paper approximately per day. Production from the machine is expected to be resumed in approximately 15 days. Insurance claim for damage caused to the machine and resulting loss of profit has been lodged with the Insurance Authorities.

The Sirpur Paper Mills Ltd has informed the Exchange that the Ministry of Environment and Forests, Government of India, vide letter dated December 27,2004 have accorded Environmental clearance to the Company's Rs.294 crore Expansion and Mill Development Plan at Sirpur-Kaghaznagar, Andhra Pradesh.

The Sirpur Paper Mills Ltd has informed the Exchange that Shri A.S.Rajan, a Director of the Company has vacated office as Director of the Company and ceased to be a director w.e.f December 21,2004 as per provisions of Section 283(1)(g) of the Companies Act,1956 read with Article 121(1)(g) of the Articles of Association of the company.

The Sirpur Paper Mills Ltd has informed the Exchange that the company has achieved financial closure and executed the loan documents with the Bankers namely, Industrial Development Bank Of India Limited(Leader of the Consortium) alongwith State Bank Of Hyderabad, State Bank Of Patiala, State Bank Of Mysore and Syndicate Bank on December 20,2004 for availing Term Loans aggregating Rs.165 Crore for Rs.294 Crore expansion and Mill Development Project.

The Sirpur Paper Mills Ltd has informed the Exchange that the BODs of the company at their meeting held on December 21,2004, considered and :1)approved the Draft Letter of Offer for the Right Issue of Ordinary Shares.2)Decided to issue and offer 66,72,536 ordinary shares of Rs.10/- each to the existing ordinary shareholders of the Company in the ratio of 4:5 i.e Four Ordianary Share for every Five ordinary share held as on the record date,to be fixed at a later date.3)The Board has fixed the Price Band of Rs.75/- to Rs.90/- per Ordinary Share of Rs.10/- each.4)The Board has also fixed the ter

The Sirpur Paper Mills Ltd has informed the Exchange that the Delhi Stock Exchange Association Ltd, vide its letter dated December 10, 2004 informed the Company that the Company's ordinary shares are delisted w.e.f. December 11, 2004.

The Sirpur Paper Mills Ltd has informed the Exchange that the Hyderabad Stock Exchange Ltd. has informed the company that the company's ordinary shares stand delisted w.e.f. November 08,2004.

The Sirpur Paper Mills Ltd has informed the Exchange that the workers of the Company had resorted to an illegal strike from October 12, 2004, despite declaration of ex-gratia payment in addition to bonus payable under the Payment of Bonus Act. However, after reconciliation by the Deputy Commissioner of Labour, they have resumed work on October 13, 2004.