VIKASHMET

The Exchange has sought clarification from Vikash Metal & Power Limited with respect to recent news item captioned "Coal Scam: accused summoned". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company are aware of any information that has no

Members of the Exchange are hereby requested to refer to our earlier announcement dated April 25, 2012 with reference to continuation of trading in the equity shares of Vikash Metal & Power Limited until further notice. Members of the Exchange are hereby informed that the trading in the equity shares of Vikash Metal & Power Limited will be suspended w.e.f. July 16, 2012 (i.e. closing hours of trading on July 13, 2012) as the company has failed to comply with the provisions of Listing Agreement.

Members of the Exchange are hereby informed that trading in the equity shares of Vikash Metal & Power Limited will be suspended w.e.f. April 26, 2012 (i.e. closing hours of trading on April 25, 2012) as the company has failed to respond satisfactorily to the notice of the Exchange for non-compliance with the provisions of listing agreement.