Board has in principle approved the proposal for the merger of Lanco Global Systems Inc, U.S.A. with the Company, subject to all legal and other formalities and procedures (As per Board Descision BSE Bulletin dated on 27/06/2005) Board of Directors of the Company has approved the proposal for the merger of Lanco Global Systems Inc, U.S.A with the Company, with share swap ratio as per Valuation Report of UTI Securities Ltd, Mumbai at 2 Equity Shares of face value of Rs.10 each of the Company for every 3 Equity Shares of face value of US$ 0.10 each of Lanco Global Systems Inc. subject to all legal and other formalities and procedures. (As per BSE Bulletin dated on 15/12/2005) The company has informed that pursuant to the order of the Hon'ble High Court of Judicature of Andhra Pradesh at Hyderabad a meeting of the Equity Shareholders of the Company will be held on February 11, 2006, for the purpose of considering, and if thought fit, approving, with or without modification, the proposed Scheme of Arrangement for Amalgamation between Lanco Global Systems Inc, U.S.A. and the Company. (As per BSE Bulletin dated on 27/01/2006) The Company has informed that the members at the Court convened meeting of the Company held on February 11, 2006, have passed the resolution for the Scheme of Arrangement for Amalgamation between Lanco Global Systems Inc, and the Company. (As per BSE Bulletin dated on 02/03/2006) Lanco Global Systems Ltd has informed BSE that Honourable High Court of Andhra Pradesh has approved on June 30, 2006 the Scheme of Amalgamation of Lanco Global Systems Inc., USA with the Company. However, copy of the order of High Court is yet to be received by the Company. On receipt of the same, the same will be registered with the Registrar of Companies. (As per BSE Bulletin dated on 25/07/2006) Trading members of the Exchange are hereby informed that the under mentioned new securities of Lanco Global Systems Limited (Scrip Code: 532368, ISIN No. INE425B01019) are listed on the Exchange with effect from Friday, June 27, 2008 Securities 1,47,66,667 * Equity Shares of Rs.10/- each issued to the shareholders of erstwhile Lanco Global Systems Inc. (LGSI) pursuant to the Scheme of Amalgamation of the Company. Dist. Nos. 10657001 to 25423667 * These shares are ranking pari-passu with the existing equity shares of the company. 2. Trading members may please note that aforesaid equity shares are under lock-in as per details given below: No. of Distinctive Nos Date upto which shares they are locked in 1,10,75,000 10657001 - 21732000 31.07.2009 36,91,667 21732001 - 25423667 31.07.2011 3. The brief particulars of the Scheme of Amalgamation are as mentioned below: a) The Scheme of Amalgamation of the company was approved by the Hon'ble High Court of Judicature at Andhra Pradesh at Hyderabad vide its order dated June 30, 2006 and modified by order dated August 03, 2006. b) Appointed Date: April 01, 2005. c) Effective Date: October 26, 2006. d) Date of Allotment: November 04, 2006. e) Exchange Ratio: For every 3 shares of common stock each of face value of US$ 0.10 held by the members of LGSI, 2 equity shares of Rs.10/- each of the company have been issued. 4. The company's financial year ends on 31st March. (As Per BSE Notice Dated on 26.06.2008)