VARUNSHIP

Members of the Exchange are hereby informed that the trading in Equity Shares of Varun Shipping Company Limited shall be suspended w.e.f. July 30, 2015 (i.e. closing hours of trading on July 29, 2015) on account of Composite Scheme of Arrangement and Amalgamation.

Varun Shipping Company Limited has informed the Exchange that the Board of Directors have decided to fix July 31, 2015 as the 'Demerger Record Date' for determining the shareholders entitled for the issue and allotment of equity shares by Varun Resources Limited and Varun Global Limited, as per the Scheme.

Varun Shipping Company Limited has submitted to the exchange the standalone financial results for the period ended 31-Mar-2015.

Varun Shipping Company Limited has submitted to the exchange the standalone financial results for the period ended 31-Dec-2014.

Varun Shipping Company Limited has informed the Exchange vide letter dated June 23, 2015 regarding "Recent Developments". As per the approved scheme the Company will be split into two separate listed entities, namely Varun Global Limited(to which ship management and shipping investment business is transferred pursuant to the scheme) and Varun resources Limited (to which shipping business is transferred pursuant to the scheme)

Varun Shipping Company Limited has informed the Exchange regarding Recent Developments.

Yudhishthir Khatau has submitted to the Exchange vide letter dated April 08, 2015 a copy of disclosure under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Caledonia Investments PLC has submitted to the Exchange vide letter dated April 15, 2015 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Varun Shipping Company Limited has submitted to the exchange the standalone financial results along with the Limited Review Report for the period ended 30-Sep-2014.

Varun Shipping Company Limited has submitted to the exchange the standalone financial results along with the Limited Review Report for the period ended 30-Jun-2014.

Caledonia Investments plc has submitted to the Exchange, vide letter dated November 17, 2014 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Caledonia Investments plc has submitted to the Exchange, vide letter dated September 12, 2014 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Varun Shipping Company Limited has informed the Exchange that the Board Meeting of the company scheduled to be held September 12, 2014 to consider unaudited financial results for the quarter ended June 30, 2014, is now adjourned due to non-availability of director of the company.

News Verification : The media had reports that "Standard Chartered sues Varun Shipping chief over default.". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Varun Shipping Company Limited has vide its letter inter-alia stated,"VSC International pte Ltd ( our associate company) has availed a loan of USD 10 million from Standard Chartered Bank, Singapore Branch of which, principal outstanding is USD 4,687,500 out of which USD 2,250,

News Verification : The media had reports that " Standard Chartered sues Varun Shipping chief over default.". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Reply is awaited from Varun Shipping Company Limited.

Varun Shipping Company Limited has informed the Exchange regarding the Outcome of Board Meeting of the Company held on May 30, 2014.

Varun Shipping Company Limited has submitted to the exchange the standalone & consolidated financial results for the period ended 31-Mar-2014.

The Exchange had sought clarification from Varun Shipping Company Limited with respect to a news item captioned "Varun Shipping loses licence to operate ships". The Company has clarified that "The way forward for Varun is to Drydock the vessels my mid-April and have the vessels operate under Varun s new ship management company which is already formed and for which the Interim DOC is already applied for. Alternatively appoint a third party ship manager with a valid DOC. It may be noted that the DOC is not a major impediment as a ship manager is a viable standby option. The critical issue is to

Varun Shipping Company Limited has submitted to the exchange the standalone financial results for the period ended 31-Dec-2013.

Varun Shipping Company Limited has submitted to the exchange the standalone financial results for the period ended 30-Sep-2013.

Varun Shipping Company Limited has submitted to the Exchange the Standalone Financial Results for the period ended June 30,2013.

Varun Shipping Company Limited has informed the Exchange that Mr. C. M. Maniar, Non-Executive Director of the Company has placed his resignation in the Board Meeting held on July 29, 2013 on his personal grounds.

Varun Shipping Company Limited has informed the Exchange that the board of directors at its meeting held on May 10, 2013 has considered and approved the period of current financial year of the Company to be period of 18 months i.e. from Octobers 01, 2012 to March 31, 2014.

Varun Shipping Company Limited has informed the Exchange that Mr. A.K. Bhattacharya, Non Executive Independent Director of the Company has placed his resignation in the Board Meeting held on May 10, 2013 on his personal grounds w.e.f. May 10, 2013.

Varun Shipping Company Limited has submitted to the Exchange the Standalone Financial Results for the period ended March 31,2013.

Varun Corporation Limited has submitted to the Exchange vide its letter dated April 05, 2013 a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Varun Corporation Limited has submitted to the Exchange vide its letter dated March 14, 2013 a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Varun Shipping Company Limited has submitted to the Exchange a copy of Minutes of Annual General Meeting of the Company held on February 04, 2013.

Varun Shipping Company Limited has informed the Exchange that Ms. Manali Parekh, Vice President - Corporate Affairs, Secretarial & Legal and Company Secretary has resigned as Company Secretary and Compliance Officer of the Company effective March 01, 2013.

Varun Shipping Company Limited has submitted to the Exchange the Standalone Financial Results along with the Limited Review Report for the period ended December 31,2012.

Varun Shipping Company Limited has informed the Exchange regarding Outcome of Annual General Meeting held on February 04, 2013.

Varun Corporation Limited has submitted to the Exchange vide its letter dated January 16, 2013 a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Varun Shipping Company Limited has informed the Exchange that the company has fixed the Book Closure dates from January 24, 2013 to February 04, 2013 (both days inclusive) for the purpose of Annual General Meeting to be held on February 04, 2013 and payment of dividend of Rs.0.50 per equity Share.

Varun Shipping Company Limited has informed the Exchange regarding the Outcome of Court Convened Meeting of Equity Shareholders of the Company held on January 08, 2013.

Varun Shipping Company Limited has informed the Exchange that an Order pronounced on November 30, 2012, in the above Company Summons for Direction, the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of the Applicant Company be convened and held on January 08, 2013 for the purpose of considering, and if thought fit, approving, with or without modification(s), the Composite Scheme of Arrangement and Amalgamation between Varun Shipping Company Limited and Varun Global Private Limited and Tarun Shipping and Industries Limited and Varun Maritime Pr

Varun Shipping Company Limited has informed the Exchange that the Book Closure closed from December 11, 2012 to December 11, 2012 for the purpose of annual book closure of the Company.

Varun Shipping Company Limited has informed the Exchange that the dividend declared at the Board Meeting held on November 29, 2012, will be paid to the shareholders on or after January 25, 2013.

Varun Shipping Company Limited has informed the Exchange that the Board of Directors at their meeting held on November 29, 2012 the directors recommended a dividend of Rs.0.50 (5 percent) per equity share of the Company.

Varun Shipping Company Limited has informed the Exchange regarding a press release dated November 29, 2012, titled "Varun Shipping's Profit After Tax is Rs. 38.36 Crores for the 18 months period ended 30th September, 2012 recommends dividends of 5 per cent".

Varun Shipping Company Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended September 30,2012.

Varun Shipping Company Limited has informed the Exchange vide letter dated November 08, 2012 regarding a press release dated November 05, 2012, titled "Varun Shipping Company Limited - LPG Carrier Maharshi Krishnatreya".

Varun Shipping Company Limited has informed the Exchange that Mr. Yudhishthir D. Khatau, who has been the Vice Chairman & Managing Director of the Company, has taken over as Chairman and Managing Director of the Company with effect from October 19, 2012.

Varun Shipping Company Limited has informed the Exchange that Mr. Arun Mehta, who was the Chairman and Managing Director of the Company has retired from the Company on September 30, 2012.

Tarun Shipping and Industries Limited has submitted to the Exchange, vide letter dated September 18, 2012 a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Varun Shipping Company Limited has submitted to the Exchange a copy of the Abstract and Memorandum of Concern or Interest under Section 302 of the Companies Act, 1956 relating to terms and conditions of reappointment of Mr. Yudhishthir D Khatau, Vice Chairman & Managing Director of the Company.

Varun Shipping Company Limited has submitted to the Exchange the Standalone Financial Results for the period ended June 30,2012 with Limited Review Report.

JM Financial Product Limited has submitted to the Exchange, vide letter dated July 31, 2012, a copy of Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

News Verification : The media had reports that may recast debt by raising dollar loans against ships. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Varun Shipping Company Limited has vide its letter inter-alia stated, "During the course of its business, company has sold some of its ships to its associates/subsidiaries abroad and these companies in turn have made arrangements to borrow funds and acquire ships. Further, as and whe

Varun Shipping Company Limited has informed the Exchange that the Directors of the Company vide resolution passed on June 29, 2012, have decided to extend the financial year of the company by a further period of three months from June 30, 2012, so as to end on September 30, 2012. Accordingly the financial year of the Company will now be from April 01, 2011 to September 30, 2012. The Company is making the necessary application to Registrar of Companies, Maharashtra, Mumbai, in this connection.

Varun Corporation Limited has submitted to the Exchange, vide letter dated June 06, 2012 a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.