VARUN

Varun Industries Limited has informed the Exchange that "We have been informed by Shri Virendra N. Mehta, one of the Promoter of the Company that: i) He has sold his shareholding of 800 equity shares in Company in the secondary market on January 03, 2011. ii) After this transaction, his shareholding in the Company is "Nil". iii) Consequent upon such transfer, he has ceased to be one of the Promoters/ Promoter Group shareholders of the Company with immediate effect".

Varun Industries Limited has informed the Exchange that M/s. Varun Mines & Minerals Limited based at Mauritius which is 100% owned subsidiary of Varun Industries Limited owns majority stake in Madagascar Energy Corporation SARL at Madagascar.

Varun Industries Limited has informed the Exchange vide its letter dated November 19, 2010 regarding the outcome of Postal Ballot with respect to alteration of Sub-clause 1 of Clause III A of the Memorandum of Association of the Company.

Varun Industries Limited has informed the Exchange that at its meeting held on October 25, 2010 the Board of Directors of the Company has decided to form two companies in Singapore and Dubai which would be incorporated as wholly owned subsidiaries of Varun Holdings Limited, Mauritius, which is Company's wholly owned subsidiary. The proposed companies would thus become the Company's indirect subsidiaries.

Varun Industries Limited has submitted to the Exchange the Standalone Financial Results for the period ended September 30,2010.

Varun Industries Limited has informed the Exchange that pursuant to the provisions of Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001 following resolution is proposed to be passed through postal ballot: 1) Alteration of Sub-clause 1 of Clause III A of the Objects Clause of the Memorandum of Association of the Company under Section 17 and 149(2A) of the Companies Act, 1956.

Varun Industries Limited has submitted to the Exchange a copy of the Calendar of events for passing Special Resolution through Postal Ballot for alteration of Objects Clause of the Memorandum of Association.

Varun Industries Limited has informed the Exchange that Shri D. K. Mukhopadhyay, Independent Director who was retiring by rotation at the Annual General Meeting of the Company held on September 09, 2010, had not sought re-appointment and hence, ceased to be a Director from that date. Further the members approval was secured at the said meeting for the appointment of Shri Varun Mehta as a Director and Whole Time Director w.e.f October 31, 2009 to October 30, 2014.

Varun Industries Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on September 09, 2010.

Varun Industries Limited has submitted to the Exchange a copy of the Notice of the Annual General Meeting of the Members of the company to be held on September 09, 2010

Varun Industries Limited has informed the Exchange that "The Company has entered into an MOU with Cluff Resources Pacific NL ("Cluff"), an Australian company for a joint venture for exploration and development of gold, platinum and gem stone projects on the highly prospective tenements in Southern Madagascar for which Varun Group holds mining licence. Preliminary investigations have indicated the presence of alluvial sediments containing both gold and platinum. After initial evaluation, the focus of the joint venture would be to carry out a detailed mapping assessment of this area, with Cluff

Varun Industries Limited has informed the Exchange that the Register of the Members and the Share Transfer Register shall be closed from September 03, 2010 to September 09, 2010 (both days inclusive) for the purpose of the Annual General Meeting and dividend for the year ended March 31, 2010.

Varun Industries Limited has informed the Exchange that the Board of Directors have decided to convene the Annual General Meeting of the members of the Company on September 09, 2010.

Varun Industries Limited had informed the Exchange regarding increase in the authorised share capital from Rs. 30 crore divided into three crore equity shares of Rs. 10/- each to Rs. 40 crore divided into four crore equity shares of Rs. 10/- each by creation of one crore equity shares and altering Clause V of the Memorandum of Association accordingly. The Company has now informed the Exchange that, it has been decided by the Board of Directors at their meeting held on July 22, 2010, to increase the authorised share capital from Rs. 30 crore divided into three crore equity shares of Rs. 10/- e

Varun Industries Limited has informed the Exchange that the meeting of Board of Directors held on July 22, 2010, decided to form a Joint Venture company by the name of Varun Sp. Zoo in the Republic of Poland. The total capital of this venture shall be US $ 5,00,000 out of which the Company will hold 50% of the share capital. The new venture would undertake export-import of items such as Stainless Steel Kitchenware, Hardware, tools, cookware sets, non-stick, porcelain, electrical, umbrellas, YIWU items, etc.

Varun Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on July 22, 2010 have decided to convene the Annual General Meeting of the members of the Company on September 9, 2010. Further Board of Directors have also approved the following subject to the approval of the members at the ensuing Annual General Meeting: (a) The issue of equity shares, not exceeding 50 lac, by way of Rights issue and/or Private Placement and/or through Qualified Institutional Placement (QIP). (b) Increase in authorised share capital from Rs.30 crore divided into

Varun Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on July 22, 2010 has recommended dividend of Rs.1.50/- per equity share of the face value of Rs.10/- each(i.e.15%), absorbing a sum of Rs.3,86,80,192/- including tax on dividend of Rs.55,09,275/- for the year ended March 31, 2010.

Varun Industries Limited has informed the Exchange that "The Hon'ble Bombay High Court has sanctioned the amalgamation of Nagina Hotel Private Limited (Transferor company), Company's wholly owned subsidiary, with the Company (Transferee Company) w.e.f. 1st January, 2010, being the appointed date. As stated earlier, since the Transferor company was a wholly owned subsidiary of the Transferee Company, the amalgamation does not involve any issue of shares in the Company. The Company has filed the High Court Order with the Registrar of Companies, Maharashtra, Mumbai today, on this 7th July 2010".

Varun Industries Limited has informed the Exchange that the application of Varun lndustries Limited to set up a Steel Plant at a cost of Rs.304 crore at Bagalkote district in Karnataka was cleared at a high level Steering Committee of the Government of Karnataka. The Memorandum of Understanding between Varun and the Government of Karnataka to set up the above mentioned plant was concluded at the Global Investors Meet organized by the Karnataka Government at Bangalore on June 3, 2010.Varun has also been allotted 500 acres of land on which to set up the unit. This Memorandum of Understanding mak

Varun Industries Limited has informed the Exchange that "Nagina Hotel Pvt. Ltd., an unlisted wholly-owned subsidiary of the Company is filing an application before the Mumbai High Court, to amalgamate itself with the Company w.e.f. January 01, 2010, which is the 'Appointed Date'. The 'Effective Date' of amalgamation would be the date on which a copy of the Order to be passed by the Hon'ble High Court sanctioning the Scheme of Amalgamation is filed with the Registrar of Companies, Mumbai, Maharashtra. It may be noted that since the said company is a wholly-owned subsidiary of the Company, the p

Varun Industries Limited has informed the Exchange vide notes to Accounts in the Un-Audited Financial Results for the quarter ended December 31,2009 (taken on record by the Board of Directors of the Company at its meeting held on January 31, 2010) regarding the utilization as on December 31, 2009 of the proceeds of IPO, taken on record by the Audit Committee. 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).<a href=/content/corporate/VARUN_IPO_01022010.zi

Varun Industries Limited has informed the Exchange that the company has entered into a Memorandum of Understanding with Mysore Sales International Limited ('MSIL'), a Government of Karnataka company, by which, both the companies will identify commodities and geographical territories of mutual interest and develop import and export opportunities for the same. The commodities will include coal, iron ore, grain, cash crops, edible and crude oil etc. MSIL will also help Varun procure export orders for iron ore and other commodities and will undertake wholesale and retail marketing of the stainless

Varun Industries Limited has informed the Exchange that the Board of Directors of the Company has given an in-principle approval for setting up an integrated, state-of-the-art Stainless Steel cum alloy steel complex at Village Rohat near Jodhpur in Rajasthan. 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).<a href=/content/corporate/varun_updates_04012010.zip target=NEW> For more details click here.</a>

Varun Industries Limited has informed the Exchange vide notes to Accounts in the Un-Audited Financial Results for the quarter ended September 30,2009 (taken on record by the Board of Directors of the Company at its meeting held on October 31, 2009) regarding the utilization as on September 30, 2009 of the proceeds of IPO, taken on record by the Audit Committee. 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).<a href=/content/corporate/VARUN_util_3112009.

Varun Industries Limited has informed the Exchange vide its letter dated October 31, 2009 that "The Board of Directors at their meeting held on October 31, 2009, appointed Shri Varun K. Mehta as an Additional Director and a Whole Time Director of the Company with immediate effect".

Varun Industries Limited has informed the Exchange that: "Varun Petroleum SARL, Madagascar, a subsidiary of the Company has signed a new Production Sharing Contract (PSC) with OMNIS of Madagascar, for an off-shore Gas Block covering area of approximately 13200 Square Kilometers on the basin of Indian Ocean. It is further notified that according to the agreement, Varun Petroleum SARL will have the right to explore, exploit and off-shore mining in the East coast point of Sainte Marie Region".

Varun Industries Limited had informed the Exchange that: 1) The Company has incorporated the following three Wholly Owned Subsidiaries in Mauritius:- a) Varun Holdings Limited, b) Varun Mines and Minerals Limited, c) Varun Petroleum Limited. 2) The above-referred Varun Mines and Minerals Limited has acquired majority shares in the following companies:- a) Varun International SARL, Madagascar, b) Madagascar Energy Corporation, Madagascar. 3) The above-referred Varun Petroleum Limited has acquired majority shares in Varun Petroleum SARL, Madagascar. The Company has now informed the Exchange that

Varun Industries Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on August 27, 2009. 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/VARUN_PROCCAGM_27082009.zip target=NEW> For more details click here.</a>

Varun Industries Limited has informed the Exchange that at the meeting of the Board of Directors held on August 27, 2009 Shri Kiran N. Mehta and Shri Kailash S. Agarwal were allotted 41,40,803 and 28,59,197 warrants respectively, pursuant to the approval accorded by the members of the Company at their Extra Ordinary General Meeting held on August 05, 2009 and the in-principle approval received from the National Stock Exchange. Each warrant of Rs. 43.20 will entitle the warrant-holder an option to convert the warrants into equal number of equity shares of the face value of Rs. 10/- each. The op

Varun Industries Limited has submitted to the Exchange a copy of Notice of the Annual General Meeting of the Members of the Company to be held on August 27, 2009. 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/VarunInd_AGMNot_14082009.zip target=NEW> For more details click here.</a>

Varun Industries Limited has informed the Exchange that at the Extra Ordinary General Meeting of the members of the Company held on August 05, 2009, a special resolution was passed by the members of the Company, according their approval for the issue and allotment of 70,00,000 warrants to Rs. 43.20 each, convertible into equal number of Equity shares of the Company on preferential basis to Shri Kiran N. Mehta (41,40,803 warrants) and Shri Kailash S. Agarwal (28,59,197 warrants).

Varun Industries Limited has informed the Exchange that: 1) The Company has incorporated the following three Wholly Owned Subsidiaries in Mauritius:- a) Varun Holdings Limited, b) Varun Mines and Minerals Limited, c) Varun Petroleum Limited. 2) The above-referred Varun Mines and Minerals Limited has acquired majority shares in the following companies:- a) Varun International SARL, Madagascar, b) Madagascar Energy Corporation, Madagascar. 3) The above-referred Varun Petroleum Limited has acquired majority shares in Varun Petroleum SARL, Madagascar.

Varun Industries Limited has informed the Exchange that Shri. Kailash S. Agarwal has been re-designated as 'Managing Director' of the Company w.e.f. August 1, 2009. Earlier, he was designated as the Joint Managing Director of the Company.

Varun Industries Limited has informed the Exchange that "The Board of Directors have accorded their approval for the incorporation of three Wholly Owned Subsidiaries in Mauritius".

Varun Industries Limited has informed the Exchange that the Annual General Meeting of the Company shall be held on August 27, 2009. Further at the meeting of the Board of Directors held on June 20, 2009, it was decided that the Register of the Members and Share Transfer Register shall be closed from August 21, 2009 to August 27, 2009, both days inclusive, for the purpose of the Annual General Meeting and dividend for the year ended March 31, 2009. They confirmed that the dividend, if declared by members, shall be remitted through ECS, wherever the bank details are available and in other cases,

Varun Industries Limited has informed the Exchange vide notes to Accounts in the Un-Audited Financial Results for the quarter ended June 30,2009 (taken on record by the Board of Directors of the Company at its meeting held on July 23, 2009) regarding the utilization as on June 30, 2009 of the proceeds of IPO, taken on record by the Audit Committee. 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).<a href=/content/corporate/VARUN_util_23072009.zip target=N

Varun Industries Limited has submitted to the Exchange a copy of notice convening the Extra Ordinary General Meeting to be held on August 5, 2009. 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).<a href=/content/corporate/varun_EGM_14072009.zip target=NEW> For more details click here.</a>

Varun Industries Limited has informed the Exchange that the Board of Directors at their meeting held on July 05, 2009 has decided the following: (1) Issue of 70,00,000 Warrants convertible into equal number of equity shares of Rs.10/- each at a price of Rs. 43.20 each in compliance with Chapter XIII of SEBI (Disclosure and Investor Protection) Guidelines, 2000 and Companies Act 1956 on preferential basis to the following Promoters: (i) Shri Kiran N. Mehta - 41,40,803 warrants; (ii) Shri Kailash S. Agarwal - 28,59,197 warrants. (2) A draft notice convening an Extra Ordinary General Meeting of t

Varun Industries Limited has informed the Exchange vide notes to Accounts in the Audited Financial Results for the year ended March 31,2009 (taken on record by the Board of Directors of the Company at its meeting held on June 20, 2009) regarding the utilization as on March 31, 2009 of the proceeds of IPO, taken on record by the Audit Committee . 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).<a href=/content/corporate/Varunind_IPO_23062009.zip target=NE

Varun Industries Limited has informed the Exchange that the Board of Directors at its meeting held on June 20, 2009 recommended dividend of Rupee 1/- per equity share of the face value of Rs. 10/- each for the year ended March 31, 2009 out of the profits for the year.

Varun Industries Limited has informed the Exchange that "The Company will publish audited financial results of the Company for the year ended March 31, 2009 within the time prescribed by Clause 41of the Listing Agreement. In view of this, the publication of unaudited financial results for the quarter ended March 31, 2009 shall not be necessary."

Varun Industries Limited has informed the Exchange that the Company has incorporated two wholly-owned subsidiaries by the names Varun Minerals Corporation Pvt. Ltd and Varun Petroleum Corporation Pvt. Ltd.

Varun Industries Limited has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter and Nine Months ended December 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on January 27, 2009) regarding the utilization as on December 31, 2008 of the proceeds of IPO, taken on record by the Audit Committee. 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).<a href=/content/corporate/Var

Varun Industries Limited has informed the Exchange that Shri K. L. Gopalakrishna was appointed as an additional director of the Company w.e.f. January 27, 2009.

Varun Industries Limited has informed the Exchange vide its letter dated December 18, 2008, regarding a press release titled "Varun Industries Limited receives FIEO "Niryat Shree" Trophy". A copy of the press release 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/VARUN_PR_19122008.zip target=NEW> For more details click here.</a>

Varun Industries Limited has informed the Exchange that Shri Virendra Mehta, Whole Time Director and Shri B.K. Ray, Director (Finance and Corporate Planning), have resigned from the directorship of the Company.

Varun Industries Limited has informed the Exchange that: "Shri S. Krishna Kumar has resigned from the directorship of the Company".

Varun Industries Limited has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter ended September 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on October 24, 2008) regarding a statement containing the variance between the projected utilization of funds as mentioned in the Prospectus dated October 09, 2007 and the actual utilization up to September 30, 2008. 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

Varun Industries Limited has submitted to the Exchange a copy of the Proceedings of the Annual General Meeting of the Company held on September 23, 2008. 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/Varun_ProceedingAGM_23092008.zip target=NEW> For more details click here.</a>

Varun Industries Limited has informed the Exchange regarding a press release titled "Varun now in the Domestic Market too". A copy of the press release 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/Varun_PR_25082008.zip target=NEW> For more details click here.</a>