VARUNSHIP

Varun Shipping Co. Ltd. has informed the Exchange regarding a press release, dated July 24, 2007, titled "Varun Shipping's Growth in the Hydrocarbon Sector yields strong results". 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/VarunShipping.zip target=NEW> For more details click here.</a>

Varun Shipping Co. Ltd. has informed the Exchange that the Annual General Meeting of the Company will be held on August 14, 2007.

Varun Shipping Co. Ltd. has informed the Exchange that pursuant to Section 192A(2) of the Companies Act, 1956 read with Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, the following Special Business is to be transacted by the Members of the Company, through Postal Ballot: Item No.1 - Ordinary Resolution under Section 293(1)(a) of the Companies Act, 1956 according consent of the Company to the Board of Directors to create mortgages, charges, liens, hypothecations, encumbrances and/or other securities in addition to the mortgages, charges, liens, hypothecations, encumbrances

Varun Shipping Co. Ltd. has informed the Exchange that the Company has announced Book Closure from August 01, 2007 to August 14, 2007 for the purpose of Annual General Meeting and payment of final dividend of Rs.1.50 per share. Further, the final dividend will be payable on or after August 17, 2007.

Varun Shipping Co. Ltd. has informed the Exchange regarding a press release, dated June 19, 2007, titled "Varun Shipping acquires the Largest LPG Carrier Under Indian Flag". 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_200607.zip target=NEW> For more details click here.</a>

Varun Shipping Co. Ltd. has informed the Exchange that: "Consequent to the exercise of option for conversion of 68,00,000 Optionally Fully Convertible Warrants (OFCWs), which were allotted on Preferential basis to Tarun Shipping and Industries Limited (TSIL) and Khatau International Limited (KIL), promoter group companies, the Committee of Directors at its meeting held today has issued and allotted 28,50,000 and 39,50,000 to Tarun Shipping and Industries Limited and Khatau International Limited respectively, totaling to 68,00,000 equity shares at a price of Rs. 75 per share (i.e. Rs. 10 on cap

Varun Shipping Co. Ltd. has informed the Exchange that: "Varun Shipping has taken delivery of second 16000 BHP Anchor Handling and Towing Supply Vessel with Bollard Pull in excess of 180 Tons. This is a highly sophisticated vessel which is proposed to be used for deep sea oil exploration activity going on in areas like North Sea, Bay of Bengal and Atalantic Ocean off the coasts of Nigeria, Brazil and Mexico. This vessel is the sister vessel of Subhiksha, which was acquired by the company in January, 2007. The vessel Subhiksha is presently on long term time charter to Reliance Industries Limite

Varun Shipping Co. Ltd. has informed the Exchange that at the meeting of the Board of Directors held on May 03, 2007, the directors recommended a final dividend of 15 per cent on the equity share capital of the company in addition to the two interim dividends of 15 per cent each, which have already been paid for the year ended March 31, 2007. The total dividend for the year works out to 45 per cent.

Varun Shipping Co. Ltd. has submitted to the Exchange a copy of the statement of appropriations for the year ended March 31, 2007. 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_Clause20.zip target=NEW> For more details click here.</a>

Varun Shipping Co. Ltd. has informed the Exchange regarding a press release, dated May 03, 2007, titled "Varun Shipping Posts Net Profit of Rs.1413.50 Million." 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.zip target=NEW> For more details click here.</a>

Varun Shipping Co. Ltd. has informed the Exchange that "With effect from 1st April, 2007 Datamatics Financial Services Limited (DFSL) will be company's new Registrar and Share Transfer Agents in place of MCS Limited. The contact details of DFSL are given below:Datamatics Financial Services Limited, Plot No. A 16 & 17, Part B Crosslane, MIDC, Marol, Andheri (East), Mumbai 400093 Tel: 022-28213383 to 90, Fax: 022-28213404. Contact person name: Mr. C R Rao. E-Mail address: vsinvestors@dfssl.com".

Varun Shipping Co. Ltd. has informed the Exchange on March 22, 2007 that: "Consequent to the exercise of option for conversion of 11,00,000 Optionally Fully Convertible Warrants (OFCWs), out of 39,50,000 OFCWs, which were allotted on preferential basis to Tarun Shipping and Industries Limited, a promoter group company, the Committee of Directors at its meeting held today issued and allotted 11,00,000 equity shares at a price of Rs.75 per share (i.e. Rs.10 on capital account and Rs.65 on premium account) to Tarun Shipping and Industries Limited".

Varun Shipping Co. Ltd. has informed the Exchange that "the company has created an exclusive e-mail ID investors@varunship.com for the purpose of grievance redressal and registering complaints by investors. This e-mail ID is displayed on our company's website www.varunship.com for investor awareness. Ms.Manali Parekh, Company Secretary of the company is the compliance officer for the purpose of registering and redressal of investor grievances."

Varun Shipping Co. Ltd. has informed the Exchange that the company has received a letter dated February 27, 2007 from Ahmedabad Stock Exchange Limited approving delisting of securities of the company from Ahmedabad Stock Exchange Limited.

Varun Shipping Co. Ltd. has informed the Exchange that "consequent to the exercise of option for conversion of 75,000 Optionally Fully Convertible Warrants (OFCWs), out of 600,000 OFCWs, which were allotted on preferential basis to Mr. Arun Mehta, Vice Chairman & Managing Director of the Company, the Committee Directors at its meeting held today has issued and allotted 75,000 equity shares to Mr. Arun Mehta".

Varun Shipping Co. Ltd. has informed the Exchange regarding a press release, dated February 01, 2007, titled "Varun Shipping Acquires AHTS Vessel." The details 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/VarunShip_PR_01022007.zip target=NEW> For more details click here.</a>

Varun Shipping Co. Ltd. has informed the Exchange that: "Varun Shipping in order to expand its asset base in the oil and gas exploration and production industry has signed Memorandum of Agreements for acquiring two 2001 built Anchor Handling and Towing Supply (AHTS) vessels. These vessels have BHP of around 16000 T and Bollard Pull in excess of 180 Tons. One of the vessels is scheduled to be delivered by end of January, 2007 and the second one in April/May, 2007. These modern and highly sophisticated world class vessels will be used for deep sea oil exploration going on in North Sea, Bay of Be

Varun Shipping Co. Ltd. has informed the Exchange that the company has fixed February 07, 2007 as the Record Date for the purpose of payment of second interim dividend of Rs.1.50 per share. The Second Interim dividend will be payable on or after Feburary 15, 2007.

Varun Shipping Co. Ltd. has informed the Exchange that the BoDs have declared second interim dividend of Rs.1.50 per equity share of Rs.10/- each for the year ending 31st March, 2007. A press release, dated January 23, 2007, titled "Varun Shipping declares Second Interim Dividend of 15 per cent" 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_23012007.zip target=NEW> For more details click here.</a>

Varun Shipping Co. Ltd. has informed the Exchange regarding press release dated January 04, 2007 which is as follows: "Varun Shipping has taken delivery of its third modern 2006 built double hull Aframax crude oil tanker, AMBA BHARGAVI on 4th January, 2007 having cargo carrying capacity of approximately 105,000 DWT. With this addition, the company will now be operating a diversified fleet of 18 vessels".

Varun Shipping Co. Ltd. has informed the Exchange that "Varun Shipping has in order to expand its asset base in the hydrocarbons sector, entered into a Memorandum of Agreement for acquiring a Very Large Gas Carrier (VLGC) having a cargo carrying capacity of approximately 76,644 cbm. Varun shipping will be the first Indian shipping company to acquire a VLGC. This VLGC is scheduled to be delivered in June / July, 2007 and will be in the largest gas carrier to be registered under the Indian flag. Varun Shipping has on 18th December, 2006 acquired Large Gas Carrier, LPG / C Maharshi Vamadeva. Furt

Varun Shipping Co. Ltd. has informed the Exchange regarding a press release dated December 18,2006, titled " VARUN GROUP ACQUIRES ITS TWELTH LPG CARRIER ". The details 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_Press_181206.zip target=NEW> For more details click here.</a>

Varun Shipping Co. Ltd. has submitted to the Exchange a copy of the minutes of the Extra-Ordinary General Meeting of the company held on November 29,2006. 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_081206.zip target=NEW> For more details click here.</a>

Varun Shipping Co. Ltd. has informed the Exchange that the Committee of Directors at its meeting held on December 05,2006 has issued and allotted 2,25,50,000 equity shares at a price of Rs.75 each (i.e. Rs.10 on capital account and Rs.65 on premium account), for cash aggregating to Rs.169.125 crores (Rupees one hundred sixty nine crores twelve lakhs and fifty thousands only), to the following entities: Allotment of Equity Shares: a) 1,51,50,000 equity shares to Caledonia Investments plc, which is a Foreign Institutional Investor; b) 16,50,000 equity shares to Sofina S.A. which is a foreign bod

Varun Shipping Co. Ltd. has informed the Exchange that the Company has entered into a Memorandum of Agreement (MOA) for acquiring its third modern double hull 2006 built Aframax crude oil tanker. The vessel is scheduled to be delivered in January, 2007. With acquisition of this vessel, Varun will own a fleet of eighteen vessels. Acquisition of this vessel forms part of company's plan to invest upto Rs. 2000 crores for expansion of its fleet.

Varun Shipping Co. Ltd. has submitted to the Exchange a copy of Notice of Extra Ordinary General Meeting of the Company to be held on November 29, 2006 to consider the following:- (a) to issue of Equity Shares and Optionally Fully Convertible Warrants upto an amount of Rs. 233 crores on preferential basis. (b) to issue of various specified securities to Qualified Institutional Buyers upto an amount of Rs. 500 crores inclusive of premium in one or more tranches, by way of an enabling resolution. (c) to keep register / index of members / debenture holders and annual return at Datamatics Financia

Varun Shipping Co. Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on October 30, 2006 has recommended as follows:- (i) To issue Securities upto an amount of Rs. 233 crores on preferential basis. (ii) To issue of Securities to Qualified Institutional Buyers upto an amount of Rs. 500 crores inclusive of premium in one or more tranches by way of enabling resolution. (iii) To keep register / index of members / debenture holders and annual return at Datamatics Financial Services Limited. (iv) For Postal ballot for altering the objects clause of the com

Varun Shipping Co. Ltd. has informed the Exchange that the Company has fixed November 14, 2006 as Record Date for the purpose of payment of interim dividend of Rs. 1.50 per share. Further the interim dividend will be payable on or after November 24, 2006.

Varun Shipping Co. Ltd. has informed the Exchange regarding a press release dated October 30,2006, titled "Varun Shipping's Board recommends preferential issue of upto Rs.233 Crores at a price of Rs.75 per share / OFCW; Six months' profit before tax is Rs. 73.30 Crores; Declares Interim Dividend of 15 per cent". The details 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/Varunship_PR_30102006.zip target=NEW> For more details click

Varun Shipping Co. Ltd. has informed the Exchange that at the Board Meeting of the company held on October 30,2006, the Board of Directors has declared an interim dividend of 15 percent (Rs.1.50 per share) on the equity share capital of the company for the financial year ending on March 31,2007.

Varun Shipping Co. Ltd. has submitted to the Exchange a copy of the Minutes of the AGM of the Company held on September 12, 2006. The details of the minutes 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_101006.zip target=NEW> For more details click here.</a>

Members of the Exchange are hereby informed that 4,09,429 partly paid Equity Shares of Varun Shipping Co. Ltd. has become fully paid up on receipt of balance call money. In view of the above, trading in the above fully paid up shares will be available for trading under the ISIN No. - INE702A01013 w.e.f. October 5, 2006.

Varun Shipping Co. Ltd. has informed the Exchange that the AGM of the Company will be held on September 12,2006.

Varun Shipping Co. Ltd. has informed the Exchange that consequent to the exercise of option for conversion of 16,50,000 Optionally Fully Convertible Warrants (OFCWs), which were allotted on preferential allotment basis to Khatau International Limited, the Committee of Directors has on August 28,2006 issued and allotted 16,50,000 equity shares to Khatau International Limited.

Varun Shipping Co. Ltd. has informed the Exchange that the Company has announced the book closure from August 30, 2006 to September 12, 2006 for the purpose of AGM and payment of final dividend of Rs.1.50 per share. The company has further informed that the final dividend will be payable on or after September 13, 2006.

Varun Shipping Co. Ltd. has informed the Exchange that the Board of Directors at its meeting held on August 14, 2006 have considered and recommended to the shareholders the following :- 1) Issue of various securities through domestic/international offerings upto an amount of Rs.2500 crores. 2) Increase in the limit of investment by SEBI registered Foreign Institutional Investors and its sub-accounts in the company upto 49%. 3) Delisting of equity shares from Ahmedabad Stock Exchange Limited, Ahmedabad, The Calcutta Stock Exchange Association Limited, Kolkatta and The Delhi Stock Exchange Assoc

Varun Shipping Co. Ltd. has informed the Exchange regarding a press release dated July 25,2006, titled "Varun Shipping's Q1 profit is Rs.23.58 crores". The details 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).

Varun Shipping Co. Ltd. had informed the Exchange that the company had lodged its draft amended prospectus with Monetary Authority of Singapore in connection with proposed issue of Singapore Depository Shares of the Company. The company has now informed the Exchange that in view of volatile stock market conditions prevailing globally, the company in consultations with the Lead Manager has decided to launch the issue when the market conditions are more conducive.

Varun Shipping Co. Ltd. had informed the Exchange that a draft prospectus dated March 31,2006 has been lodged on March 31,2006 with Monetary Authority of Singapore in connection with the proposed issue of Singapore Depository Shares by the company. The company has now informed the Exchange that the Company has on May 10, 2006 filed the draft amended prospectus dated May 10, 2006 with Monetary Authority of Singapore in connection with the proposed issue of Singapore Depository Shares by the Company. Further, to the fact that report of the auditors in relation to the audited financial Results o

Varun Shipping Co. Ltd. has informed the Exchange regarding a press release, titled, "Varun Shipping Recipient of "The Fastest Expanding Indian Shipping Company Award" Achieves a record High net profit of Rs.1808.92 million". The details 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).

Varun Shipping Co. Ltd. has informed the Exchange that at the meeting of the BoDs held on April 19, 2006, the directors recommended a final dividend of 15 per cent on the equity shares capital of the Company in addition to the two interim dividends of 15 per cent each, which have already been paid for the year ended March 31, 2006. The total dividend for the year works out to 45 per cent as against 30 per cent in the previous year.

Varun Shipping Co. Ltd. has informed the Exchange regarding a press release, titled, "Varun bags the award for Fastest Expanding Indian Shipping Company - Mr. Arun Mehta receives the Varuna Award for his outstanding contribution to shipping industry in India". The details 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).

Varun Shipping Co. Ltd. has informed the Exchange regarding the lodgement of draft prospectus with Monetary authority of Singapore in connection with proposed issue of Singapore Depository Shares by the Company. The Company has further informed the Exchange that the Company in the said prospectus has made the following guidance statement under the heading "Recent Developments and Profit Estimate". : "Our managing Directors believe that barring unforeseen circumstances, our profit after tax under Indian GAAP for the 3-month period ended March 31, 2006 will exceed Rs.2,996.40 lakhs, being our pr

Varun Shipping Co. Ltd. has informed the Exchange that the Company has on March 31, 2006 filed the draft prospectus dated March 31, 2006 with Monetary Authority of Singapore in connection with the proposed issue of Singapore Depository Shares by the Company. In this connection, the Company has issued a press release, dated, March 31, 2006, titled, "India-listed hydrocarbons carrier, Varun Shipping, seeks secondary listing on SGX Main Board." The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extra

Varun Shipping Co. Ltd. has informed the Exchange that a draft prospectus dated March 31,2006 has been lodged on March 31,2006 with Monetary Authority of Singapore in connection with the proposed issue of Singapore Depository Shares by the company. The company has further informed that in the said prospectus the company has made the following guidance statement under the heading "Recent Developments and Profit Estimate" : "Our Managing Directors believe that barring unforeseen circumstances, our profit after tax under Indian GAAP for the 3-month period ended March 31,2006 will exceed Rs.2,996

Varun Shipping Co. Ltd. has informed the Exchange that Mr. Arun Mehta, Vice Chairman and Managing Director of the company has acquired 50,000 equity shares of Varun Shipping Company Limited on March 10, 2006. The mode of acquisition is through Market purchase and the shareholding of Mr. Arun Mehta after the said acquisition is 32,30,000 shares aggregating 2.75% of the post acquisition capital of Varun Shipping Co. Ltd.

Varun Shipping Co. Ltd. has informed the Exchange that Mr. Arun Mehta, Vice Chairman and Managing Director of the company has acquired 70,003 equity shares on February 16, 2006 and 30,000 equity shares on February 20, 2006 of Varun Shipping Company Limited. The mode of acquisition is Market purchase and the shareholding of Mr. Arun Mehta after the said acquisition is 31,80,000 shares aggregating 2.71% of the post acquisition capital of Varun Shipping Co. Ltd.

Varun Shipping Co. Ltd. has submitted to the Exchange a copy of the Chairman's letter dated February 08, 2006 mailed to the shareholders of the Company on February 14 & 15, 2006. 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).

Varun Shipping Co. Ltd. has informed the Exchange that Mr. Arun Mehta, Vice Chairman and Managing Director of the company has acquired 30,000 equity shares on January 27, 2006 and 26,076 equity shares on January 30, 2006 of Varun Shipping Company Limited. The mode of acquisition is Market purchase and the shareholding of Mr. Arun Mehta after the said acquisition is 30,79,997 shares aggregating 2.62% of the post acquisition capital of Varun Shipping Co. Ltd.

Varun Shipping Co. Ltd. has informed the Exchange that at the board meeting held on January 24,2006,the BODs have declared second interim dividend of 15 percent(Rs.1.50 per share) on the equity share capital of the company for the year ending March 31,2006.