SOLECTCENT

Solectron Centum Electronics Limited has informed the Exchange that: "The company is going through the process of demerger. The Honourable High Court of Karnataka vide its order dated July 13, 2007 had allowed the scheme of arrangement (demerger). Accordingly the scheme is effective from October 01, 2006 and the assets and liabilities relating to the Services business is transferred to Solectron EMS India Ltd (SEIL) which is the resulting company. Consequent to the order on the Scheme of arrangement, the share capital of the company will stand reduced to Rs.74,000,000. Share holders of the Com

Solectron Centum Electronics Limited has informed the Exchange that they are in the process of de-merger. Subsequently necessary approval on de-merger had also been obtained from the Shareholders, Secured and Unsecured Creditors and from the concerned Stock Exchanges. The matter is pending before the Hon'ble High Court of Karnataka for passing the Orders. As per Clause 23 of the Scheme, the Scheme has to take effect before June 30, 2007. The Scheme comes into effect with filing of a Certified copy with the Ministry of Corporate Affairs, O/o Registrar of Companies - Karnataka. In view of the fa

Solectron Centum Electronics Limited has informed the Exchange that the Board of Directors at their Meeting held on November 04, 2006 have approved a scheme of demerger of services division into a new company with October 01, 2006 as the appointed date subject to the statutory and other regulatory approvals. The Company has also submitted a copy of media release in this regards titled "The Board of Solectron Centum Electronics Limited (SCEL) has approved scheme of demerger of the electronic manufacturing services division into a new company to be called Solectron EMS India Limited (SEIL)". The

Solectron Centum Electronics Limited has informed the Exchange that FMR Corp. and its indirect subsidiaries and Fidelity International Limited (FIL) and its direct and indirect subsidiaries have informed the Company that they have acquired 5.26% share capital of the Company.