TORRENTAEC

Members of the Exchange are hereby informed that the trading in equity shares of Torrent Power AEC Limited shall be suspended w.e.f. September 21, 2006 (i.e. closing hours of trading on September 20, 2006) on account of Scheme of Arrangement including Amalgamation of Torrent Power AEC Limited and Torrent Power SEC Limited with Torrent Power Limited.

Torrent Power Limited has informed the Exchange that the Honorable High Court of Gujarat at Ahmedabad, vide Order dated July 12,2006 has sanctioned the Composite Scheme of Arrangement including Amalgamation between Torrent Power AEC Limited (TPAL), Torrent Power SEC Limited (TPSL) and Torrent Power Generation Limited (TPGL) with Torrent Power Limited (TPL) and their respective shareholders and creditors and reorganization of capital of Torrent Power Limited (the "Scheme") with effect from April 01,2005 (i.e. the Appointed Date under the Scheme). The aforesaid Order of the Honorable High Court

3) Consequently, TPL will issue and allot : i) 5.5 Equity shares of Rs. 10 each fully paid up for each Equity share of Rs. 10 each held in TPAL, ii) 11.75 Equity shares of Rs. 10 each fully paid up for each Equity share of Rs. 10 each held in TPSL, iii) 0.25 equity share of Rs. 10 each fully paid up for each Equity share of Rs. 10 each held in TPGL. 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/Corporate Announcements).

Torrent Power Aec Limited has informed the Exchange that in terms of the authority delegated by the Board of Directors of the Company at its meeting held on July 20,2006 and in consultation with Torrent Power Limited, it is decided to fix September 28,2006 as the "Record Date" to determine entitlement of the Shareholders of Torrent Power AEC Limited for issue of Equity Shares of Torrent Power Limited.

Torrent Power Aec Limited has informed the Exchange that the Honorable High Court of Gujarat at Ahmedabad, vide Order dated July 12,2006 has sanctioned the Composite Scheme of Arrangement including Amalgamation between Torrent Power AEC Limited (TPAL), Torrent Power SEC Limited (TPSL) and Torrent Power Generation Limited (TPGL) with Torrent Power Limited (TPL) and their respective shareholders and creditors and reorganization of capital of Torrent Power Limited. The aforesaid Order of the Honorable High Court of Gujarat at Ahmedabad was filed by the Company with the Registrar of Companies, Guj

Torrent Power Aec Limited has informed the Exchange that Torrent Private Limited has purchased additional 11,19,950 equity shares of the Company constituting 1.76% of the total equity capital of the company from Governor of Gujarat. With this, the holding of Torrent Private Limited in the company has increased from 49.93% to 51.69%.

Torrent Power Aec Limited has informed the Exchange that the Hon'ble High Court of Gujarat at Ahmedabad has passed an order on July 12, 2006 sanctioning the scheme of Arrangement including amalgamation u/s 100, 391 to 394 of the Companies Act, 1956, of Torrent Power AEC Limited, Torrent Power SEC Limited and Torrent Power Generation Limited with Torrent Power Limited. The formal order of the Hon'ble High Court in this respect is awaited.

Torrent Power Aec Limited has informed the Exchange that Torrent Power AEC Limited (TPAL) has on June 15, 2006 signed Joint Venture Agreement with Power Grid Corporation of India Limited (PGCIL), for setting up transmission system for power evacuation from Torrent Power Generation Limited (TPGL)'s 1100 MW SUGEN gas based Mega Power Project at Akhakhol, near Surat to Ahmedabad. The estimated cost of the project is Rs.300 Crores. The execution of the project will commence soon. The project would be implemented under the aegis of Torrent Power Transmission Pvt. Ltd. (TPTPL) with TPAL holding 74%

Torrent Power Aec Limited has informed the Exchange that the Equity Shareholders, Unsecured Creditors and Secured Creditors of the company in their respective meetings held on June 08,2006, pursuant to the Order of the Hon'ble High Court of Gujarat dated May 01,2006 have approved with requisite majority, the Scheme of Arrangement including Amalgamation between Torrent Power AEC Limited and Torrent Power SEC Limited and Torrent Power Generation Limited with Torrent Power Limited and the Reorganisation of Capital of Torrent Power Limited.

Torrent Power Aec Limited has informed the Exchange that the Hon'ble High Court of Gujarat at Ahmedabad, Vide its order dated May 1, 2006, has directed the convening of a meeting of the Equity Shareholders of Torrent Power AEC Limited to be held on June 08, 2006 at Ahmedabad, for the purpose of considering and, if thought fit, approving with or without modification(s) the Scheme of Arrangement including Amalgamation between Torrent Power AEC Limited, Torrent Power SEC Limited and Torrent Power Generation Limited with Torrent Power Limited.

Torrent Power Aec Limited has informed the Exchange that the Board at its meeting held on January 29, 2000 had appointed Mr. Shrikar S. Bhattabhatt, the then Company Secretary as "Compliance Officer". Since Mr. Shrikar S. Bhattbhatt has resigned from the services of the Company, the Board at its meeting held on March 22, 2006 has appointed Mr. Jagdish Ajitkumar Mehta, Company Secretary, as "Compliance Officer" effective from February 13, 2006.

Torrent Power Aec Limited has informed the Exchange that a meeting of the Board of Directors of Torrent Power AEC Limited (the "Company") was held in Ahmedabad on March 22,2006, to consider the recommendations of the Committee of Directors appointed for the purpose of developing a suitable model for the reorganization / restructuring of the business of the Company along with all other companies of the Torrent Group in the power sector viz., Torrent Power SEC Limited and Torrent Power Generation Limited. The Board approved the proposal to amalgamate the, entire business and undertaking of the

The Scheme also provides for the reorganization of the share capital of Torrent Power Limited subject to Section 100 and other applicable provisions of the Companies Act, if any, by way of reducing the face value of each equity share of Rs.10 each fully paid up to 1 (one) equity share of Rs.2.50 each fully paid up and simultaneously consolidating 4 (four) equity shares of Rs.2.50/- each fully paid up into 1 (one) equity share of Rs.10/- each fully paid up pursuant to which the shareholding of the shareholders in Torrent Power Limited shall reduce proportionately. As a result, the shareholders

Torrent Power Aec Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on March 22, 2006, has, subject to the approval of the Registrar of Companies and such other approvals as may be required, decided to extend the current financial year which ends on March 31, 2006 to close on September 30, 2006 so that the balance sheet and the profit and loss account shall be compiled for a period of eighteen months ending on September 30, 2006.

Government of Gujarat had informed the Exchange that Torrent Pvt Limited has sold 30,00,000 shares aggregating to 4.741% of the total paid up capital of Torrent Power AEC Limited on March 10, 2006. The mode of sale is through Spot delivery basis and the shareholding of Torrent Pvt Lmited after the said sale is 89,55,913 shares aggregating to 14.154% of the total paid up capital of Torrent Power AEC Limited. The company has now informed the Exchange that instead of Torrent Pvt Limited , Government of Gujarat has sold 30,00,000 shares of Torrent Power AEC Limited. The revised announcement will b

Torrent Power Aec Limited has informed the Exchange that Government of Gujarat has sold 30,00,000 shares aggregating to 4.741% of the total paid up capital of Torrent Power AEC Limited on March 10, 2006. The mode of sale is through Spot delivery basis and the shareholding of Government of Gujarat after the said sale is 89,55,913* shares aggregating to 14.154% of the total paid up capital of Torrent Power AEC limited. * Includes 78,35,963 Shares held by Gujarat State Investments Pvt. Ltd.

Torrent Private Limited has informed the Exchange that they have acquired 30,00,000 shares aggregating to 4.741% of the total paid up capital of Torrent Power AEC Limited on March 10, 2006. The mode of acquisition is through Spot delivery basis and the shareholding of Torrent Private Limited after the said acquisition is 3,15,91,847 shares aggregating to 49.927% of the total paid up capital of Torrent Power AEC Limited.

Government of Gujarat has informed the Exchange that Torrent Pvt Limited has sold 30,00,000 shares aggregating to 4.741% of the total paid up capital of Torrent Power AEC Limited on March 10, 2006. The mode of sale is through Spot delivery basis and the shareholding of Torrent Pvt Limited after the said sale is 89,55,913 shares aggregating to 14.154% of the total paid up capital of Torrent Power AEC Limited.

Torrent Power Aec Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on January 24, 2006 has given its approval for commissioning study to evolve a suitable business model for the operations of the Company, including the possibility of reorganization / restructuring of existing operations / business of all the three companies of the Torrent Group in power sector viz., Torrent Power AEC Limited, Torrent Power SEC Limited and Torrent Power Generation Limited. The Board has appointed a committee of directors of the Company to appoint professional cons

Torrent Power Aec Limited has informed the Exchange that Shri L Chuaungo, IAS has been appointed as Director on the BODs of the Company vice Shri I P Gautam IAS at the meeting held on October 28, 2005.

Torrent Power Aec Limited has submitted to the Exchange a copy of Proceedings of the AGM of the Company held on July 30, 2005. 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).

Torrent Power Aec Limited has informed the Exchange that the AGM of the Company has been fixed on July 30, 2005. The Company has further informed that for the purpose of ascertaining entitlement of Members for payment of dividend,the Register of Members and Share Transfer Books of the Company will remain closed from July 22, 2005 to July 30, 2005 (both days inclusive).

Ahmedabad Electricity Co. Ltd has informed the Exchange that the BODs of the company in their meeting held on June 16, 2005 have recommended a dividend of Rs.3.00 per share aggregating to Rs.2164.49 lacs (including dividend tax).

Members of the Exchange are hereby informed that the name of Ahmedabad Electricity Co. Ltd shall be changed to Torrent Power AEC Limited and the trading symbol of the company be changed from AHMEDELEC to TORRENTAEC w.e.f. June 17, 2005.

Ahmedabad Electricity Co. Ltd has informed the Exchange that at the meeting held on May 06, 2005, the BOD's have accepted the resignation of Shri R J Bedekar from the directorship of the Company consequent upon the withdrawal of his nomination by Industrial Development Bank of India Ltd.

Ahmedabad Electricity Co. Ltd has informed the Exchange that the appointment of Sharepro Services (India) Pvt. Ltd. as Registrars and Share Transfer Agents has been renewed further up to March 31, 2007. The Memorandum of Understanding has been executed between Sharepro Services (India) Pvt. Ltd. and the Company in the form prescribed by SEBI.

Ahmedabad Electricity Co. Ltd has informed the Exchange regarding the details of number of Securities held as on the last date of the Financial Year (i.e. March 31, 2005), as per Annual Disclosure received from the Directors / Officers / Designated Employees. 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 Company has further informed that all the Directors/Officers/designated employees covered under the Regulations together hold only 1074 Equity Sha

Ahmedabad Electricity Co. Ltd has informed the Exchange that Life Insurance Corporation of India have sold 1272421 shares aggregating to 2.01% of the total share capital of Ahmedabad Electricity Co. Ltd. on February 15,2005.The mode of sale is through market sale and the shareholding of Life Insurance Corporation of India after the said sale is 6837502 shares aggregating to 10.81% of the total share capital of the company.

Ahmedabad Electricity Co. Ltd has informed the Exchange regarding issue of new share certificates without exchange of old certificates consequent upon the change of name of the company from The Ahmedabad Electricity Company Limited to 'TORRENT POWER AEC LIMITED'. For the specific purpose of issuing new share certificate, the company has decided to keep March 10,2005 as the record date. The company will be able to ascertain the names of the shareholders who are entitled to the new Share Certificates, shortly after the record date. After the record date, the old share certificates will not be va

Ahmedabad Electricity Co. Ltd has informed the Exchange that the name of company,The Ahmedabad Electricity Company Limited has been changed to "TORRENT POWER AEC LIMITED".

Ahmedabad Electricity Co. Ltd has informed the Exchange that Shri P K Taneja, IAS has been appointed as Director on the BOD's of the Company vice Smt. Vijaylaxmi Joshi, IAS at the meeting held on January 20, 2005.

Ahmedabad Electricity Co. Ltd has informed the Exchange that Shri Murli Ranganathan has been appointed as an Additional Director on the BOD's of the Company, designated as Chief Executive Officer, at the meeting held on January 20, 2005.

Ahmedabad Electricity Co. Ltd has informed the Exchange that the company has received intimation from the Vadodara Stock Exchange Ltd. regarding delisting of the equity shares of the company from the Vadodara Stock Exchange with effect from November 10, 2004.

Ahmedabad Electricity Co. Ltd has informed the Exchange that the company has received intimation from Vadodara Stock Exchange Ltd., delisting the Equity Shares of the Company from their Exchange w.e.f. November 10, 2004.

Ahmedabad Electricity Co. Ltd has informed the Exchange that they have received intimation from The Stock Exchange, Ahmedabad informing delisting of the Equity Shares of the Company from their Exchange w.e.f. October 15, 2004.