TORRENTSEC

Torrent Power Sec Limited has informed the Exchange that Pursuant to the Composite Scheme of Arrangement including Amalgamation (Scheme) approved by the Honorable High Court of Gujarat, Torrent Power SEC Limited (TPSEC) - scrip code TORRENTSEC along with Torrent Power AEC Limited (TPAEC) and Torrent Power Limited (TPL) has fixed September 28, 2006 as the Record Date to determine the entitlement of shareholders of TPSEC to receive shares of TPL as per the exchange ratio stipulated in the Scheme. The Scheme in para 12.6 (e) has inter alia provided as under "�. Notwithstanding the foregoing, upon

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 Sec 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 Sec 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 Arrangment including amalgamation u/s 100, 391 to 394 of the Companies Act, 1956, of Torrent Power SEC Limited, Torrent Power AEC 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 Sec Limited has informed the Exchange that the Equity Shareholders, Unsecured Creditors and Secured Creditors of the company in their respective meetings held on June 06,2006, 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 Sec Limited has informed the Exchange that a meeting of the Board of Directors of Torrent Power SEC 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 sectors viz., Torrent Power AEC Limited and Torrent Power Generation Limited. The Board approved the proposal to amalgamate the entire business and undertaking of the Co

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