Inter alia, has approved the following, which are subject to approval of the shareholders and other statutory permissions / approvals: 2. Amalgamate the following companies with the Company with effect from April 01,2006, subject to obtaining all statutory approvals and permissions as may be requiredfor the same: (a) Grand Meadows Ltd (b) Papillon Estates Ltd (c) Roseview Estates Pvt Ltd (d) Bhasin Resorts Pvt Ltd The swap ratios are being worked out and the same shall be considered by the Board of Directors in a subsequent meeting whereafter intimation shall be given to the stock exchange. Anant Raj Industries Ltd has informed BSE that pursuant to the order passed by the Hon'ble Punjab & Haryana High Court, the separate meetings of the equity shareholders & unsecured creditors of the Company will be held on February 24, 2007, for the purpose of considering and, if thought fit, approving with or without modification(S), the arrangement embodied in the Scheme of Arrangement between (i) The Company (ii) Grand Meadows Ltd (iii) Papillon Estates Ltd (iv) Roseview Estates Pvt Ltd (v) Bhasin Resorts Pvt Ltd and their respective shareholders. (As Per BSE Announcement Website Dated on 13/02/2007) Trading members of the Exchange are hereby informed that the under mentioned new securities of Anant Raj Industries Limited (Scrip Code: 515055, ISIN No. INE242C01024 are listed and permitted for trading on the Exchange with effect from Wednesday, December 19, 2007. Securities 2,75,33,720 * Equity Shares of Rs.2/- each issued to the shareholders of Grand Meadows Limited (GML), Papillion Estates Limited (PEL), Rose View Estates Private Limited (RVEPL) and Bhasin Resorts Private Limited (BRPL) pursuant to Scheme of Amalgamation of the Company. Dist. Nos. 214244786 to241778505 * These shares are ranking pari-passu with the existing equity shares of the company. 2. Trading members may please note that above equity shares issued pursuant to the scheme of Amalgamation are under lock-in up to December 31, 2010, and therefore these shares would not be good delivery in the market till then: 3. The brief 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 Courts of Delhi and Chandigarh vide their Orders dated May 08, 2007 and August 02, 2007 respectively. b) Effective Date: August 25, 2007 c) Date of Allotment: September 14, 2007 d) Exchange Ratio: For every 100 equity shares of Rs.10/- each held in GML, 2,450 equity shares of Rs.10/- each (post split 12,250 equity shares of Rs.2/- each) of the company has been issued. For every 100 equity shares of Rs.10/- each held in the PEL, 1,844 equity shares of Rs.10/- each (post split 9,220 equity shares of Rs.2/- each) of the company has been issued. For every 100 equity shares of Rs.10/- each held in RVEPL, 21,789 equity shares of Rs.10/- each (post split 1,08,945 equity shares of Rs.2/- each) of the company has been issued.For every 100 equity shares of Rs.10/- each held in the BRPL, 6,696 equity shares of Rs.10/- each (post split 33,480 equity shares of Rs.2/- each) of the company has been issued. 4. The company's financial year ends on 31st March. (As Per BSE Notice Dated on 18/12/2007)