Banco Products India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 30, 2008, inter alia, has decided the following: 1. Approval to the proposal for amalgamation of Ganga Investments Pvt. Ltd with the Company, subject to sanctioning of the Scheme of Amalgamation by appropriate statutory authorities and various approvals in this regard. 2. Approval of the Share Exchange ratio recommended by valuers as 236:1 i.e. 236 equity share of Rs 2/- each of the Company to be given in exchange of every 01 equity shares of Rs 100/- each held by the shareholders of Ganga Investments Pvt. Ltd whose names appear on Record Date as may be fixed by the Company in due course of time after obtaining the various approvals. 3. Approval to the Draft Scheme of Amalgamation of Ganga Investments Pvt. Ltd with the Company, subject to sanctioning of the Scheme of Amalgamation by appropriate statutory authorities and various approvals in this regard. 4. Approval of investment in Equity Capital of Kilimanjaro Biochem Ltd, Tanzania up to USD 3,000,000 (Three Million) subject to various Statutory and other approvals as may be required in this regard. Banco Products (I) Ltd has submitted to the Exchange a certified copy of the Report of the Chairman of the Court Convened Meeting held on March 16, 2009 for consideration of merger of Ganga Investments Private Limited with Company. (As Per NSE Bulletin dated on 26.03.2009) Banco Products (India) Ltd has informed BSE that: 1. The Hon'ble High Court, Gujarat has approved the petition of the Company for merger of Ganaga Investments Pvt. Ltd. with the Company. 2. The Hon'ble High Court, Bombay has approved the petition of the Company of Ganaga Investments Pvt. Ltd. for merger with the Company. 3. The respective Companies have filed necessary forms with Registrar of Companies in this regard. (As Per BSE Announcement Website dated on 23.09.2009) Banco Products (India) Ltd has informed BSE that the Company has made allotment of 94,40,000 Equity Shares of Rs 2/- each to the Shareholders of Transferor Company in terms of approval its merger with the Company. The 8921350 Equity Shares of Rs. 2/- each held by the Transferor Company in the Company stand cancelled in terms of approval its merger with the Company. (As Per BSE Announcement Website dated on 30.09.2009)