Kothari Petrochemicals Ltd has informed the Exchange that the Board of Directors of the Company at their meeting held on June 12, 2006 has considered and approved the following : (i) The Board approved the scheme of merger of M/s. Primetra Technologies Private Limited with the Company. (ii) Consequent to the approval of merger, the increase of the authorized share capital of the company from Rs. 40 Crores to Rs. 66 Crores will be placed before the shareholders at the Annual General Meeting for their approval through ordinary resolution. Kothari Petrochemicals Ltd has informed the Exchange that by an order made on July 25, 2006, the Hon'ble High Court of Judicature at Madras has directed that a Meeting of Equity Shareholders of the Applicant Company be held on August 28, 2006 for the purpose of considering, and if thought fit, approving with or without modification, the arrangement embodied in the Scheme of Amalgamation proposed to be made between Primetra Technologies Private Limited and Kothari Petrochemicals Limited and their respective shareholders. (As Per NSE Bulletin Dated on 08/08/2006) Kothari Petrochemicals Ltd has informed the Exchange that the court convened meeting of Kothari Petrochemicals Limited (KPL) was held on August 28,2006 and the majority of the shareholders present in person or by proxy, representing 99.99% of the shareholding has approved the scheme of Amalgamation of Primetra Technologies Private Limited with KPL. (As per NSE Bulletin dated on 01/09/2006)