ZICOM

Zicom Electronic Security Systems Limited has informed the Exchange that: "The Hon'ble High Court of Judicature at Bombay has at the hearing held on November 23, 2007, approved the Scheme of Arrangement between Zicom Electronic Security Systems Limited ('Zicom') and Zicom Global Security Private Limited ('Zicom Global') and their respective Shareholders ('Scheme') for the transfer of "Consumer Service (Retail) Group" Business in Zicom Global Security Private Limited".

Zicom Electronic Security Systems Limited has informed the Exchange vide its letter dated September 29, 2007 that the meeting of the Equity Shareholders of Zicom Electronic Security Systems Limited as directed by the Hon'ble High Court of Judicature at Bombay was convened on September 28, 2007. Mr. Manohar Bidaye, Chairman appointed, for the meeting conducted the meeting as directed in the Order of the Bombay High Court dated August 24, 2007. The Scheme of Arrangement ('Scheme') between Zicom Electronic Security Systems Limited ('Zicom') and Zicom Global Security Private Limited ('Zicom Global

Zicom Electronic Security Systems Limited has informed the Exchange vide its letter dated July 02, 2007 that "The Board of Directors of Zicom Electronic Security Systems Limited ("the Company" or "Zicom") at its meeting held today has considered and approved purchase of 100% shareholding in Zicom Global Security Private Limited ("Zicom Global"), whose name will be suitably changed to reflect the business of Consumer Service (Retail) Group of the Company. The Board of Directors has also considered and approved the Scheme of Arrangement ('Scheme') pursuant to section 391 to 394 and other applica