Ceat Ltd has informed BSE that pursuant to the order made by the High Court of Judicature at Bombay, the meeting of the equity shareholders of the Company held on July 27, 2007 have approved the Scheme of Arrangement between the Company and CHI Investments Ltd. Under this Scheme, the Investment Undertaking is proposed to be transferred to the said Company and will enable the Companies to optimize their independent performance by concentrating on their core competencies and enhance Value for the shareholders, with requisite majority. Ceat Ltd has informed BSE that the Company has fixed January 02, 2008 as the Record Date for implementing the Scheme of Arrangement (Scheme). Pursuant to the Scheme, the shareholders of CEAT on the record date shall be entitled to 25 equity shares of CHI Investments Ltd of face value Rs 10/- and 75 equity shares of CEAT Ltd of face value Rs 10/- each in lieu of every 100 equity shares held by them in CEAT Ltd as on the Record Date. The existing share capital of CEAT Ltd shall stand cancelled. Fractional entitlement, if any, shall be ignored. The shares arising out of the fractional entitlement in each Company shall be sold in the open market and the net proceeds (after deduction of the expenses incurred) shall be distributed to the shareholders of each Company respectively as entitled in proportion of their fractional entitlements. SUB. :- Scheme of Arrangement of Ceat Ltd. (Scrip Code 500878) Trading members of the Exchange are hereby informed that, Ceat Ltd. has fixed the Record Date for the Scheme of Arrangement for demerger of the Investment Undertaking of the company. Trading Members are requested not to deal in the equity shares of the company with effect from the below mentioned date. COMPANY NAME CODE Ceat Ltd. 500878 RECORD DATE 02/01/2008 PURPOSE Scheme of Arrangement:- Demerger of Investment Undertaking of Ceat Ltd. (CEAT) into CHI Investments Limited (CHI):- Pursuant to the Scheme, 1. CHI shall issue and allot to the shareholders of CEAT, 25 equity shares of Rs.10/- each in CHI, credited as fully paid up for every 100 equity shares of Rs.10/- each held by them in CEAT. 2.Shareholders of CEAT shall be entitled to 75 new equity shares of Rs.10/- each of CEAT credited as fully paid up for every 100 equity shares of Rs.10/- each held by them in CEAT. After implementation of the Scheme the paid up equity share capital of CEAT shall stand reduced to Rs.34,24,27,590/- i.e. 3,42,42,759 equity shares of Rs.10/- each. NO DEALINGS DATE & SETT. NO. 26/12/2007 DR-188/2007- 2008 Trading Members are requested to take note of it. (As Per BSE Notice Dated on 18/12/2007) Trading members of the Exchange are hereby informed that the under mentioned equity shares of Ceat Limited are listed and permitted for trading on the Exchange with effect from Friday, February 01, 2008. Name of the Company : Ceat Limited (Ceat) Registered Office : Ceat Mahal, 463, Dr. Annie Besant Road, Worli , Mumbai - 400 030 Tel. No. 022 - 2493 0621 Fax No. 022 - 6660 6039 Securities : 3,42,42,759 Equity shares of Rs.10/- each fully paid-up issued upon reduction of share capital pursuant to the scheme of arrangement of the Company. Distinctive numbers : 1 to 34242759 Scrip Code : 500878 Group : B1 Market Lot : 1 Share Face Value & Paid up value : Rs.10/- each fully paid Scrip ID on BOLT System : CEAT Abbreviated name on BOLT System : CEAT ISIN No. : INE482A01020 2. Trading members may note that the Equity Shares in dematerialised form after the reduction in the share capital of the company has been credited in the new ISIN No. INE482A01020. Henceforth, trading members should deal in the new ISIN No. INE482A01020 only and not to deal in the old ISIN No. INE482A01012. 3. The particulars of the Reduction of capital are as mentioned below: a) The Scheme of Arrangement of the Company was approved by the Hon'ble High Court of Judicature at Bombay, vide its order dated November 23, 2007. b) Appointed Date: July 01, 2007 c) Effective date: December 11, 2007 d) Date of Allotment: January 09, 2008 e) The issued, subscribed and paid-up equity capital of the company before the scheme of arrangement was Rs. 4565.70 lacs consisting of 4,56,57,012 equity shares of face value of Rs.10/- each fully paid up. f) Pursuant to the scheme, the investment undertaking business of Ceat demerged into CHI Investments Limited (CHI). Post demerger of Investment undertaking into CHI, the equity capital of Ceat stand reduced by allotment of 75 (seventy five) equity shares of Rs.10/- each fully paid-up for every 100 (one hundered) equity shares of Rs.10/- each held in Ceat on the Record Date. g) In consideration of demerger of investment undertaking, CHI has issued and allotted 25 (twenty five) equity share of Rs.10/- each fully paid up for every 100 (One Hundred) equity shares of Rs.10/- each held in Ceat. h) The issued, subscribed and paid-up equity capital of the company post scheme of arrangemnt comes to Rs.3424.27 lacs consisting of 3,42,42,759 equity shares of the face value of Rs.10/- each fully paid up. 4. As per Exchange Notice No. 20071218-25 dated December 18, 2007, the company had fixed January 2, 2008 as Record Date, for giving effect to the reduction in share capital and accordingly dealing in the abovementioned securities of the company was stopped with effect from December 26, 2007. 5. Trading members of the Exchange are informed that the Equity Share certificates in physical form bearing the undermentioned distinctive numbers of the company as stated alongside shall be good/bad delivery in the market. Name of the company appearing on the share certificate 1. Ceat Limited 2. Ceat Limited Distinctive Numbers 1. 1 - 4,56,57,012 1. 1 - 3,42,42,759 Date of Issue 1. Before Record Date 2. After Record Date Good/Bad Delivery 1. Bad 2. Good Hence, trading members should take due care and abundant caution while dealing/receiving/delivering these shares of the company from/to the market. 6. The share transfer documents should be sent to the registrar of the company at the address mentioned below: TSR Darashaw Limitad, 6-10, Haji Mossa Patrawala Industrial Estate, 20, Dr. E Moses Road, Worli, Mahalaxmi, Mumbai - 400 011. Tel.No.: 022 6656 8484 Fax No: 022 6660 6039 7. The Company's Financial Year ends on 31st March. (As Per BSE Notice Dated on 30.01.2008) Trading members of the Exchange are hereby informed that the under mentioned new securities of CHI Investments Limited are listed and permitted for trading on the Exchange with effect from Thursday, April 24, 2008. Name of the Company : CHI Investments Limited (CIL) Registered Office : Ceat Mahal, 463, Dr. Annie Besant Road, Worli, Mumbai - 400 030. Tel.: 022 - 2493 0621 Fax No.: 022 - 6660 6039 Email: shrutij@ceatltd.com Web: www.chiinvestments.in Securities : 1,14,64,253 Equity Shares of Rs.10/- each fully paid-up issued pursuant to the scheme of Arrangement of the company Distinctive numbers : 1 - 11464253 Scrip Code : 532969 Group : B Market Lot : 1 Face Value & Paid up value : Rs.10/- each fully paid Scrip ID on BOLT System : CHINVEST Abbreviated name on BOLT System : CHI INVEST ISIN No. : INE975I01018 2. The particulars of the Scheme of Arrangement are as mentioned below: a) The Scheme of Arrangement of the Company was approved by the Hon'ble High Court of Bombay by its Order dated November 23, 2007. b) Appointed Date: July 01, 2007 c) Effective date: December 11, 2007 d) Date of Allotment: January 09, 2008 e) The issued, subscribed and paid-up equity capital of the company before the scheme of arrangement was Rs.5 lacs consisting of 50,000 equity shares of Rs.10/- each fully paid up. f) Pursuant to the scheme, the 'Investment Business' of Ceat Limited (CEAT), was transferred to CHI Investments Limited (CIL) and in consideration thereof CIL has issued and allotted equity shares in the ratio of 25 (Twenty Five) equity shares of Rs.10/- each fully paid up for every 100 (One Hundred) equity shares of Rs.10/- each held in CEAT. g) The issued, subscribed and paid-up equity capital of the company post arrangement comes to Rs.1146.42 lacs consisting of 1,14,64,253 equity shares of Rs.10/- each fully paid up. 3. As per Exchange Notice No. 20071218-25 dated December 18, 2007, CEAT has fixed Record Date as January 02, 2008, for giving effect to the scheme of arrangement. Accordingly dealing in the securities of CEAT was stopped w.e.f. December 26, 2007. The trading in the equity shares of CEAT subsequent to Demerger and reduction had re-commenced w.e.f. February 01, 2008. 4. The Information Memorandum containing all the information about the company can be viewed at http://www.bseindia.com/ipo/schema.asp or on the CompanyÆs Website on www.chiinvestments.in. 5. The share transfer documents should be sent to the registrar of the company at the address mentioned below: TSR Darashaw Limited. Unit: CHI Investments Limited 6 - 10 Haji Moosa Patrawala Industrial Estate, 20 Dr. E Moses Road, Mahalaxmi, Mumbai - 400 011. E-mail: csg-unit@tsrdarashaw.com Tel Nos. 022 - 6656 8484 Fax No. 022 - 6656 8494 6. The Company's Financial Year ends on 31st March. (As Per Notice Dated on 22.04.2008)