SKUMARSYNF

S. Kumars Nationwide Ltd has informed the Exchange that "S. Kumars Nationwide Limited (SKNL) is pleased to announce that they have purchased through their wholly owned subsidiary SKNL North America BV, in conjunction with its operating partner Emerisque UK, the Chicago (USA) headquartered clothing giant Hartmarx Corporation at a gross enterprise value of approximately US $ 120 million. SKNL will directly be investing US $ 35 million into this transaction. This acquisition will add tremendous value to the SKNL group as Hartmarx is the largest formal-wear clothing company in the US and directly

S. Kumars Nationwide Ltd has submitted to the Exchange a copy of the detailed note on the Scheme of Arrangement between S. Kumars Nationwide Limited and Brandhouse Retails Limited. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/skumar_scheme_260308.zip target=NEW> For more details click here.</a>

S. Kumars Nationwide Ltd has informed the Exchange that the company has received an order from Hon'ble High Court, Bombay for demerger of Retail business of the company (SKNL) into resulting company Brandhouse Retails Ltd. (BHRL). The said order was also filed with Registrar of Companies, Mumbai on 3rd March, 2008 and becomes effective from the same date. Further the Company has informed the Exchange that the Company is in the process of holding board meeting shortly, to decide and fix the Record Date for determine the shareholders of S.Kumars Nationwide Limited, who would be eligible to recei

S. Kumars Nationwide Ltd has informed the Exchange that "The Honorable High Court of Bombay has passed an order on Friday, 22nd February 2008 for Demerger of Retail Business of the Company into "Brandhouse Retails Ltd". The certified copy of the said order is awaited from the Court".

S. Kumars Nationwide Ltd has informed the Exchange that "The Company, pursuant to the directions of the High Court of Judicature at Bombay dated November 23, 2007 was required to convene the meetings of the Equity and Preference Shareholders to approve the Scheme of Arrangement of Demerger between S.Kumars Nationwide Limited and Brandhouse Retails Limited (hereinafter referred to as "the Scheme"). Accordingly, the respective meetings of the Equity and Preference Shareholders of the Company were convened and held on December 27, 2007. Further the Company has informed that the Equity and Prefer

S. Kumars Nationwide Ltd has informed the Exchange that "The Board of Directors met on 03.02.2007 and have approved the Scheme of Arrangement for the Demerger of the company's retail business, subject to the required approvals and regulatory process. The Board have also approved swap ratio of one fully paid up equity share of the resulting company for every five equity shares held in SKNL."

S. Kumars Nationwide Ltd had informed the Exchange that a Committee had been formed by the Board of Directors to examine the proposal to demerge the company's retail business. The company has now informed the Exchange on January 12,2007 that: "The Board at its meeting held today accepted the recommendations of the Committee to approve in principle the demerger of the retail busines subject to necessary authorizations. However, the Board sought certain clarifications including the finalization of the swap ratio, and therefore deferred the final approval of the Scheme of Arrangement for the dem

S. Kumars Nationwide Ltd has informed the Exchange that M/s. Chamundeshwari Trading and Finance Limited have sold 16,942 equity shares of the Company on September 19, 2005.

S. Kumars Nationwide Ltd has informed the Exchange that M/s. Chamundeshwari Trading and Finance Private Limited has sold 1,50,000 equity shares of the Company on September 08, 2005.

S. Kumars Nationwide Ltd has informed the Exchange that M/s. Chamundeshwari Trading and Finance Private Limited has sold 10,000 equity shares of the Company on August 25, 2005.

S. Kumars Nationwide Ltd has informed the Exchange that M/s. Chamundeshwari Trading and Finance Private Limited has sold 1,81,67,505 equity shares of the Company on August 26, 2005.

S. Kumars Nationwide Ltd has informed the Exchange that M/s. Chamundeshwari Trading and Finance Private Limited has sold 8,00,000 equity shares of the Company on August 18, 2005.

S. Kumars Nationwide Ltd has informed the Exchange that M/s. Chamundeshwari Trading and Finance Private Limited has sold 19,20,779 equity shares of the Company on August 22, 2005.

S. Kumars Nationwide Ltd has informed the Exchange that M/s. Chamundeshwari Trading and Finance Private Limited has sold 21,71,717 equity shares on August 12, 2005 and 17,30,000 equity shares on August 16, 2005 of S.Kumars Nationwide Limited.

S. Kumars Nationwide Ltd has informed the Exchange that M/s. Chamundeshwari Trading and Finance Private Limited has sold 10,000 equity shares of the Company on August 25, 2005.

S. Kumars Nationwide Ltd has informed the Exchange that Corporate Debt Restructuring Package has been finalised with the lendors.