Coromandel Fertilisers Ltd. has informed the Exchange that at its meeting held on May 12, 2003 the BOD of the company have approved, (subject to the approval of the shareholders and the High Court of Judicature at Andhra Pradesh and Madras), a Scheme of Arrangement whereby the company would be acquiring the Farm Inputs Division comprising of Fertilizers and Pesticides businesses of EID Parry (India) Ltd. (EID) with Appointed Date as April 01, 2003. As per the scheme, shareholders of EID will be entitled for one share of CFL for every three shares held by them in EID. The acquisition would be implemented under a Scheme of Arrangement. The company has informed that the Hon'ble High Court at Hyderabad approved the scheme of arrangement for acquiring the Farm Inputs Division of EID Parry (India) Ltd. (EIDP). As per the Scheme of Arrangement the equity shares of the company have to be issued to the shareholders of EIDP in the ratio of ONE equity share of the company for every THREE equity shares of EIDP. With the filing of the Order, the Farm Inputs Division of EIDP legally merges with the company w.e.f.01.12.2003. (As per BSE Bulletin dated on 03/12/2003) Allotted 5949901 equity shares of the company to the members of EID Parry(India) Ltd. pursuant to the Scheme of Arrangement. (As per BSE Bulletin dated on 23/01/2004) 59,49,901- Equity Shares of Rs.10/- each fully paid-up issued to shareholders EID Parry (India) Limited pursuant to Scheme of Arrangement These shares are ranking pari passu with the old equity shares of the company. 2.The brief particulars of the Scheme of Arrangement are as mentioned below: a.The Scheme of Arrangement was sanctioned by the Hon'ble High court of Andhra Pradesh at Hyderabad vide its order dated 29th September 2003 b.The appointed date: 1st April 2003 c.Dates of allotment: 22nd January 2004 d.As per the Scheme the entire undertaking relating to Fertiliser and Pesticides Business of Farm Inputs Division of EID Parry (India) Ltd was transferred to Coromandel Fertilisers Ltd and in consideration thereof the Coromandel Fertilisers Ltd and in consideration thereof the Coromandel Fertilisers Ltd has issued one Equity Shares of Rs.10/- each of the company for every Three Equity shares of Rs.10/- each held in EID Parry(India) Ltd. 3.As per Exchange Notice No.No.200301208-11 dated 8th December ,2003. the transferor Company VIz EID Parry (India) Ltd had fixed 2nd January, 2004 as 'Record Date', for giving effect to the Scheme of Arrangment. 4.The Company's Financial Year ends on 31st March. (As per BSE Bulletin dated on 11/03/2004) Coromandel Fertilisers Ltd. has informed the Exchange that at its meeting held on May 12, 2003 the BOD of the company have approved, (subject to the approval of the shareholders and the High Court of Judicature at Andhra Pradesh and Madras), a Scheme of Arrangement whereby the company would be acquiring the Farm Inputs Division comprising of Fertilizers and Pesticides businesses of EID Parry (India) Ltd. (EID) with Appointed Date as April 01, 2003. As per the scheme, shareholders of EID will be entitled for one share of CFL for every three shares held by them in EID. The acquisition would be implemented under a Scheme of Arrangement. (As per NSE Bulletin dated on 04/02/2004)