VXL

Birla Vxl Limited has informed the Exchange that that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2006. The details of the limited review report shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Birla Vxl Limited has submitted to the Exchange a copy of the Minutes of the AGM of the Shareholders held on July 10, 2006. A copy 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).

Birla Vxl Limited has informed the Exchange that the Board of Directors at their meeting held on July 14, 2006 pursuant to the Special Resolution passed by the Members of the Company in the Annual General Meeting held on July 10, 2006 have decided to issue 2,49,96,964 Equity Shares of Rs. 10/- each aggregating Rs. 2499.70 lacs on Rights basis at par in the ratio of 4 Equity Shares for every 7 Equity Shares held on a Record Date to be finalised and fixed on obtaining applicable approvals / clearances relating to the proposed Rights Issue from all the regulatory authroities , including SEBI, Bom

Birla Vxl Limited has informed the Exchange that as envisaged in the Scheme, for infusion of funds, the Board of Directors at their meeting held on June 03, 2006, have decided to issue Equity Shares on Rights basis upto Rs. 25 Crores. A resolution in terms of Section 81 of the Companies Act, 1956 seeking Shareholders' approval for the said issue is proposed to be moved at the next Annual General Meeting of the Company scheduled to be held on July 10, 2006. The ratio and pricing of the issue will be decided after the resolution is approved by the Shareholders.

Birla Vxl Limited has informed the Exchange that the Register of Members will remain closed from July 03, 2006 to July 10, 2006 (both days inclusive) for the purpose of AGM to be held on July 10, 2006.

Birla Vxl Limited had informed the Exchange that the Board of Directors of the Company at their meeting held on April 04,2006 had fixed May 05, 2006 as the Record Date for the purpose of reorganization of existing Equity Share Capital of the Company, pursuant to the vesting of OCM Division of the Company in OIL as per the Scheme of Arrangement. The company has now informed that the Committee of Board of the Company which was authorized in this matter, has at its meeting held on May 22,2006, has pursuant to Clause 5A of the Scheme, allotted 1,30,14,293 new Equity Shares of Rs.10/- each fully p

Birla Vxl Limited had informed the Exchange that the Board of Directors of the Company at their meeting held on April 04, 2006 have fixed May 05, 2006, as the Record Date for the purpose of reorganization of the existing Equity Share Capital of the Company, pursuant to the vesting of OCM Division in OIL as per Clause 5(a)(I) of the Scheme of Arrangement. The Company has now reproduced relevant Clause 5 of Part III of the Scheme of Arrangement relating to reorganization of the Share Capital of the Company. The details of the same shall be available on the NSE website (http://www.nseindia.com) u

Birla Vxl Limited has informed the Exchange that Asset Reconstruction Company (India) Ltd. (ARCIL) has acquired 2,40,40,000 shares aggregating to 54.955% of the total paid up capital of Birla Vxl Ltd. on April 19, 2006. The mode of acquisition is the allotment as per the Scheme of Arrangement (Scheme) between Birla VXL Ltd. and its existing lenders, creditors and shareholders and OCM India Limited and its shareholders which envisages reduction in equity share capital of the target company by 80%.The Scheme has come into effect on March 30, 2006. The shareholding of Asset Reconstruction Company

Birla Vxl Limited has submitted to the exchange a copy of the Minutes of the Annual General Meeting of the Sharholders of the company held on March 28, 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).

Birla Vxl Limited has informed the Exchange that Asset Reconstruction Company (India) Ltd. (ARCIL) has acquired 2,40,40,000 shares aggregating to 54.955% of the total paid up capital of Birla Vxl Ltd. on April 19, 2006. The mode of acquisition is the allotment as per the Scheme of Arrangement (Scheme) between Birla VXL Ltd. and its existing lenders, creditors and shareholders and OCM India Limited and its shareholders which envisages reduction in equity share capital of the target company by 80%. The shareholding of Asset Reconstruction Company (India) Ltd. after the said acquisition is 2,40,4

Birla Vxl Limited has informed the Exchange that Central India Generals Agents Ltd. have acquired 36,21,565 shares aggregating to * % of the total share capital of Birla VXL Limited on April 12, 2006. The mode of acquistion is preferential allotment and the shareholding of Central India General Agents Ltd. after the said acquisition is 36,21,565 shares aggregating to * % of the total share capital of Biral VXL Limited. * The shares have been allotted as per the Scheme of Arrangement (Scheme) which envisages reduction in existing equity share capital by 80%. The Scheme has come into effect on

Central India General Agents Ltd. has informed the Exchange that they have acquired 36,21,565 shares aggregating of the total share capital of Birla VXL Limited on April 12, 2006. The mode of acquistion is preferential allotment and the shareholding of Central India General Agents Ltd. after the said acquisition is 36,21,565 shares of the total share capital of Biral VXL Limited. The company has further informed that the shares have been allotted as per the Scheme of Arrangement (Scheme) which envisages reduction in existing equity share capital by 80%. The Scheme has come into effect on Marc

Asset Reconstruction Company (India) Limited has informed the Exchange that they have acquired 2,40,40,000 shares aggregating to 54.955% of the total paid up capital of Birla Vxl Ltd. on April 19, 2006. The mode of acquisition is the shares have been allotted as per the Scheme of Arrangement (Scheme) between Birla VXL Ltd. and its existing lenders, creditors and shareholders and OCM India Limited and its shareholders which envisages reduction in equity share capital of the target company by 80%. The Scheme has come into effect on March 30, 2006 while the record date is May 05, 2006, and the sh

Members of the Exchange are hereby informed that the trading in equity shares of Birla Vxl Limited shall be suspended w.e.f. April 27, 2006 (i.e. closing hours of trading on April 26, 2006) on account of Scheme of Arrangement between Birla VXL Ltd. and its Existing Lenders, Creditors and Shareholders and OCM India Ltd. and its Shareholders.

12-APR-2006 : To consider issue/allotment of upto 2,48,40,000 Equity Shares of Rs.10/- each to the Existing Lenders of the Company and upto 61,60,394 Equity Shares of Rs.10/- each, at such price as may be determined in accordance with Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines 2000 in terms of the Scheme of Arrangement sanctioned by the Hon'ble High Court of Gujarat, which has become effective from March 30, 2006.

Birla Vxl Limited has informed the Exchange that the directors of the company have decided to close the current F.Y. on March 31,2006 and prepare the accounts for a period of three months i.e. from January 01,2006 to March 31,2006 and to give effect/impact of the Scheme of Arrangement in the said accounts.

Birla Vxl Limited has informed the Exchange that the BODs of the Company, at their meeting held on April 04, 2006, have fixed May 05, 2006 as the Record Date for the purpose of reorganization of the existing equity share capital of the Company, pursuant to the vesting of the OCM Division in OCM India Ltd.(OIL), as per the Scheme of Arrangement between the Company and its Existing lenders, Creditors and Shareholders and OCM India Ltd.(OIL) and its Shareholders. The paid up Equity Share Capital of the Company in respect of existing 650,71,465 listed equity shares of Rs.10/- each is to be written

Birla Vxl Limited had informed the Exchange that the Hon'ble High Court of Gujarat vide its oral judgement dated February 20,2006 has sanctioned the scheme of arrangement between the company and its existing lenders,creditors and shareholders and OCM India Ltd.(OIL) and its shareholders(Scheme) and the Hon'ble High Court of Punjab and Haryana, on a petition filed by OIL, has also sanctioned the above scheme on February 23,2006. In this connection, the Company has now informed that the certified copies of the Orders have been obtained and filed by the Company and OIL with the respective Regist

Birla Vxl Limited has informed the Exchange that the Hon'ble High Court of Gujarat vide its Oral Judgement dated February 20, 2006 has sanctioned the Scheme of Arrangement under Sections 391 to 394 of the Companies Act, 1956 between Birla VXL Ltd. and its Existing Lenders, Creditors and Shareholders and OCM India Ltd, and its Shareholders. The Hon'ble High Court of Punjab and Haryana on a petition by OCM India Ltd. (Transferee Company) has also sanctioned the above Scheme on February 23, 2006. However, the Company is awaiting for a copy of the Oral Judgement from them. The Company is making ne

Birla Vxl Limited has informed the Exchange that the Register of Members will remain closed from March 21, 2006 to March 28, 2006 (both days inclusive) for the purpose of AGM to be held on March 28, 2006.

Birla Vxl Limited has informed the Exchange that the auditor's have conducted the limited review of the un-audited financial results for the quarter ended September 30, 2005 and 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/CorporateAnnouncements).

Birla Vxl Limited has informed the Exchange that Shri A.M. Parekh, Chief Executive Officer and Serior President of the Company, has resigned from the services of the Company for personal reasons. Further the Company has informed that Shri Rajeev Surana has been appointed as a Whole-time Director of the Company (to be designated as an Executive Director and chief operating officer) for a period of Five years w.e.f. November 01, 2005, subject to the approval of the shareholders in general meeting and of the Central Government in due course.

Birla Vxl Limited has informed the Exchange that with regard to the qualification made by the auditors on previous period's accounts, regarding depreciation on certain plant and machinery treated as continuous process plant (impact unascertainable) - depreciation continues to be provided on the same basis as hitherto; regarding non provision for diminution in value of unquoted and long term strategic investments - in the opinion of the Board decline in value of investments is temporary in nature (amount unascertainable); regarding provision against advance of Rs. 881 lacs - management consider

Birla Vxl Limited had informed the Exchange that the Directors of the Company had decided to extend the current financial year of the Company by three months and accordingly, the said current financial year would be for a period of 15 months, i.e. from July 01, 2004 to September 30, 2005. The company has now informed that special permission has been granted to the Company by the Registrar of Companies, Gujarat in terms of provisions of section 210(4) of the Companies Act, 1956, to extend the current financial year of the Company by a further period of three months (total six months), so as to

Birla Vxl Limited has informed the Exchange that the adjourned meeting of the Unsecured Creditors was held on September 20, 2005. In terms of the Order of the Hon'ble High Court of Gujarat, the report of the Chairman has been filed relating to the said meeting with the Hon'ble High Court of Gujarat at Ahmedabad on September 26, 2005. As per the report, the Unsecured Creditors of the Company have approved the Scheme unanimously. The Company has further informed that a Petition under Section 391 to 394 of the Companies Act, 1956 for sanctioning the arrangement embodied in the Scheme of Arrangem

Birla Vxl Limited has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2005 and 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/CorporateAnnouncements).

Birla Vxl Limited has informed the Exchange that a meeting of the Unsecured Creditors was held on August 31, 2005, wherein it was unanimously decided by the Unsecured Creditors present, to adjourn this meeting of Unsecured Creditors to a new date, i.e. September 20, 2005.

Birla Vxl Limited has informed the Exchange that the Hon'ble High Court of Gujarat at Ahmedabad by its order dated July 18, 2005, has directed that a meeting of the Unsecured Creditors of Birla VXL Limited, be held on August 31, 2005 for the purpose of considering, and if thought fit, approving with or without modification, the arrangement embodied in the Scheme of Arrangement between Birla VXL Limited and its existing lenders, creditors and shareholders and OCM Limited and its shareholders(the "Scheme"). Copy of notice of the said meeting shall be available on the NSE website (http://www.nse

Birla Vxl Limited has informed the Exchange that the BODs of the Company at their meeting held on July 30, 2005 considered the matter of raising additional funds for the business of the Company and have authorised the Committee of Directors of the Company to deal further in the matter.

Birla Vxl Limited has informed the Exchange that the BODs of the Company at their meeting held on July 30, 2005 have accepted resignation of Dr. S Ganguly, an Independent Director of the Company w.e.f. July 30, 2005.

Birla Vxl Limited has informed the Exchange that with regards to the scheme of arrangement under section 391 to 394 of the Companies Act, 1956 between Birla VXL Limited and its existing lenders, creditors and shareholders and OCM India Limited and its shareholders,pursuant to the Company Applications, the Hon'ble High Court of Gujarat has directed that a fresh meeting of all the Unsecured Creditors of the Company be convened and held on August 31, 2005.

Birla Vxl Limited has informed the Exchange that the meetings of the existing lenders, equity shareholders, preference shareholders and the unsecured creditors of the company for the purpose of approving the scheme of arrangement under section 391 to 394 of the Companies Act, 1956 between Birla VXL Limited and its existing lenders, creditors and shareholders and OCM India Limited and its shareholders, were held on June 25, 2005. In terms of the Order of the Hon'ble High Court of Gujarat, the report of the Chairman has been filed with the Hon'ble High Court at Gujarat on July 07, 2005. As per t

Birla Vxl Limited has informed the Exchange that the Directors have decided to extend the current Financial Year by three months and accordingly, the current Financial Year will be for a period of 15 months i.e. from July 01, 2004 to September 30, 2005.

Birla Vxl Limited has informed the Exchange that the Hon'ble High Court of Gujarat at Ahmedabad by its order dated May 10, 2005, has directed that meetings of the Existing Lenders, Equity Shareholders, Preference Shareholders and Unsecured Creditors of the Company be held on June 25, 2005 for the purpose of considering, and if thought fit, approving with or without modification, the arrangement embodied in the Scheme of Arrangement between Birla VXL Limited and its existing lenders, creditors and shareholders and OCM India Limited and its shareholders (the "Scheme"). Copies of notices of the s

Birla Vxl Limited has informed the Exchange that Janardhan Trading Co. Ltd. has sold: 1) 70,000 shares aggregating to 0.11% of the share capital of Birla Vxl Limited on March 24, 2005; 2) 88,668 shares aggregating to 0.14% of the share capital of Birla Vxl Limited on March 28, 2005. The mode of sale is through Market and the shareholding of Janardhan Trading Co. Ltd after the said sale is 58,76,811 shares aggregating to 9.03% of the share capital of Birla Vxl Limited.

Janardhan Trading Co. Ltd. has informed the Exchange that they have sold 88,668 shares aggregating to 0.14% of the total paid up capital of Birla Vxl Ltd. on March 28, 2005. The mode of sale is through Open Market and the shareholding of Janardhan Trading Co. Ltd. after the said sale is 58,76,811 shares aggregating to 9.03% of the total paid up capital of Birla Vxl Ltd.

Janardhan Trading Co. Ltd. has informed the Exchange that they have sold 70,000 shares aggregating to 0.11% of the total paid up capital of Birla Vxl Ltd. on March 24, 2005. The mode of sale is through Open Market and the shareholding of Janardhan Trading Co. Ltd. after the said sale is 59,65,479 shares aggregating to 9.17% of the total paid up capital of Birla Vxl Ltd.

Birla Vxl Limited has informed the Exchange that Janardhan Trading Co. Ltd. has sold: 1) 33,000 shares aggregating to 0.05% of the share capital of Birla Vxl Limited on March 22,2005; 2) 51,000 shares aggregating to 0.08% of the share capital of Birla Vxl Limited on March 23,2005. The mode of sale is Market sale and the shareholding of Janardhan Trading Co. Ltd after the said sale is 60,35,479 shares aggregating to 9.28% of the share capital of Birla Vxl Limited.

Janardhan Trading Co. Ltd. has informed the Exchange regarding the sale of shares of Birla VXL Ltd. The details of the same are as follows: 1) 33,000 shares aggregating to 0.05% of the total paid up capital of Birla Vxl Ltd. on March 22,2005; 2) 51,000 shares aggregating to 0.08% of the total paid up capital of Birla Vxl Ltd. on March 23,2005. The mode of sale is throuh Open Market and the shareholding of Janardhan Trading Co. Ltd. after the said sale is 60,35,479 shares aggregating to 9.28% of the total paid up capital of Birla Vxl Ltd.

Birla Vxl Limited has informed the Exchange that the company has been intimated by The Calcutta Stock Exchange Association Ltd.(CSE) vide letter dated February 10, 2005 that the equity shares of the company will stand delisted w.e.f February 14, 2005 from CSE in pursuance to the company's application to them for delisting of equity shares.However the shares will be traded under the "Permitted Category" on The Calcutta Stock Exchange Association Limited.

Birla Vxl Limited has informed the Exchange that the BODs of the company at their meeting held on January 31, 2005 have noted the following changes: Dr. G. Goswami, Nominee Director of Industrial Development Bank of India Ltd. (IDBI Ltd.) on the BODs of Birla Vxl Limited, has ceased to be a Director of the Company w.e.f. close of business on January 31, 2005, following withdrawal of his nomination by IDBI Ltd. He has however been appointed as Additional Director (non-executive independent) of the Company w.e.f. February 01, 2005 liable to retire by rotation who will hold Office upto the date o

Birla Vxl Limited has informed the Exchange that the BODs of the company at their meeting held on January 31,2005 has approved a Scheme of Arrangement in terms of Section 391,394 and other applicable sections of the companies act,1956 between the company and its secured creditors, shareholders and OCM India Ltd.,a wholly owned subsidiary of the company for restructuring/reorganizing its secured loans/capital structure and for transfer/vesting of Amritsar Division of the Company to OCM India Ltd.,a wholly owned Subsidiary, subject to necessary statutory and other approvals .The Board has also a

Birla Vxl Limited has informed the Exchange that the BOD�s of the company at the meeting held on January 22, 2005, explored and discussed the various aspects of formulating an appropriate proposal with a view to evolving a more efficient financial and business structure. Inter alia such proposal would be a part of the comprehensive restructuring being undertaken with the aim to better serve the interests of the operating business and resultantly, of the stakeholders. The aspects explored have included: 1) Transfer of the Company�s Amritsar Division to its wholly owned Subsidiary, OCM India Ltd

Birla Vxl Limited has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended September 2004 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Birla Vxl Limited has informed the Exchange that the shareholders of the Company at the AGM held on December 16, 2004 have appointed: (1) M/s. Khimji Kunverji & Co., Chartered Accountants, Mumbai, as the Statutory Auditors of the Company, in place of Lodha & Co., Chartered Accountants, Kolkata, to hold office from the conclusion of the said meeting until the conclusion of the next AGM of the Company and the BOD's of the Company have been authorized to fix their remuneration; (2) M/s. Jain Pramod Jain & Co., Chartered Accountants, New Delhi, as the Branch Auditors of the Company, to audit the A

Birla Vxl Limited have sent a copy of the notice being published in the newspapers to the Exchange.The details of the notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Birla Vxl Limited has informed the Exchange about the audit qualifications in respect of the audited financial results for the eighteen months period ended June 30, 2004. The explanations are as follows: With regard to the qualification made by the auditors, regarding depreciation on certain plant and machinery treated as continuous process plant (impact unascertainable) - depreciation continues to be provided on the same basis as hitherto; regarding non provision for diminution in value of unquoted and long term strategic investments - in the opinion of the Board decline in value of investme

Birla Vxl Limited has informed the Exchange that the Company has divested its entire shareholding of 9310596 Equity Shares of Rs.10/- each (75.32%) held by it in Sidharth Soya Products Ltd., its Subsidiary Company, in favour of Noble Grain (India) Pvt. Ltd. As a consequence, Sidharth Soya Products Ltd. has ceased to be Subsidiary of the Company from October 14, 2004.

Birla Vxl Limited has informed the Exchange that the Register of Members will remain closed from December 06, 2004 to December 16, 2004 (both days inclusive) for the purpose of AGM to be held on December 16, 2004.

Birla Vxl Limited has informed the Exchange about the audit qualifications in respect of the audited financial results for the eighteen months period ended June 30, 2004. The explanations are as follows: With regard to the qualification by the auditors, regarding depreciation on certain plant and machinery treated as continuous process plant (impact unascertainable) - depreciation continues to be provided on the same basis as hitherto; regarding non provision for diminution in value of unquoted and long term strategic investments - in the opinion of the Board decline in value of investments i