TORRENTSEC

Surat Electricity Co. Ltd has informed the Exchange that as per Annual Disclosure received from the Directors / Officers / Designated Employees of the Company / Records available with the Company, all Directors / Officers / Designated Employees (including their dependent family members, dependent parents, dependent children) are not holding any Equity Shares of the Company as at the last date of the financial year i.e March 31, 2005.

Surat Electricity Co. Ltd has informed the Exchange that Torrent Private Limited have acquired 2,14,004 Equity Shares aggregating to 2.30% of the total Equity Share Capital of Surat Electricity Co. Ltd. during the period from June 18, 2004 to March 22, 2005. The mode of acquisition is through Market Purchase and the shareholding of Torrent Private Limited after the said acquisition is 44,99,591 Equity Shares aggregating to 48.37% of the total Equity Share Capital of Surat Electricity Co. Ltd.

Surat Electricity Co. Ltd has informed the Exchange that Life Insurance Corporation of India (LIC) has sold 1,93,297 equity shares aggregating to 2.08% of the share capital of Surat Electricity Company Limited on February 15, 2005. The mode of sale is through market and the shareholding of LIC after the said sale is 10,57,323 equity shares aggregating to 11.37% of the share capital of the Company.