Inter alia,Board has taken an in-principle decision to de-merge the power & telecom transmission towers business into a new Company as part of the re-organization of businesses of the Company. Inter alia, has approved the of Scheme of Arrangement for Demerging Towers Division of the Company with Sujana Towers Ltd and Amalgamation of Sujana Steels Ltd with the Company (Demerged Company). (As per BSE Bulletin dated on 08/08/2006) Sujana Metal Products Ltd has informed BSE that the Hon'ble High Court of Andhra Pradesh had allowed and approved the Scheme of Arrangement between the Company and M/s. Sujana Towers Ltd and Amalgamation of M/s. Sujana Steels Ltd with the Company on April 10, 2007 and the Certified Copy of the High Court Order is expected. (As Per BSE Announcement Website Dated on 11/04/2007) SUB. :- Scheme of Arrangement of Sujana Metal Products Ltd. (Scrip Code 513414) Trading members of the Exchange are hereby informed that, Sujana Metal Products Ltd. has fixed the Record Date for the purpose of determining entitlement to the shareholders of the company pursuant to the Scheme of Arrangement of the company. Trading members are advised not to deal in the equity shares of the company with effect from the under mentioned date. COMPANY NAME CODE Sujana Metal Products Ltd. 513414 & 613414 RECORD DATE 05/06/2007 NO DEALINGS FROM 29/05/2007 DR-041/2007-2008 PURPOSE Scheme of Arrangement: - Demerger of the Towers Division of Sujana Metal Products Ltd. to Sujana Towers Ltd. (STL) (an Unlisted Company) and Amalgamation of Sujana Steels Ltd. (un Unlisted Company) with Sujana Metal Products Ltd. Upon the transfer and vesting of the Towers Division of the company to STL, Sujana Towers Ltd. will issue and allot Equity Shares to the equity shareholders of Sujana Metal Products Ltd. in the ratio of ONE equity share of Rs.5/- each, fully paid up of Sujana Towers Ltd. for every ONE Equity Share of Rs.10/- each held in Sujana Metal Products Ltd. Capital Reduction: The Existing share capital of the Sujana Metal Products Ltd. shall be reduced from Rs.38,83,30,350/- consisting of 3,88,33,035 equity shares of Rs.10/- each to Rs.19,41,65,175/- consisting of 3,88,33,035 equity shares of Rs.5/- each. Trading Members of the Exchange are requested to take note of it. (As per BSE Notice dated on 22/05/2007) Trading members of the Exchange are hereby informed that the under mentioned equity shares of Sujana Metal Products Limited (Scrip Code: 513414; ISIN No:INE215G01021), are listed and permitted for trading on the Exchange with effect from Thursday, July 12, 2007. Name of the Company : Sujana Metal Products Limited (SMPL) Registered Office: Survey No. 296/7/9, IDA Bollaram, Jinnaram Mandal, Medak Dist. Andhra Pradesh Tel. No. 08458 - 279355 Fax No. 08458 - 279051 Email: hyd1_sujana@sancharnet.in Web: www.sujana.com Corporate Office: 18, Nagarjuna Hills, Punjagutta, Hyderabad - 500 082 Andhra Pradesh Tel. No. 040 - 2335 1882 / 7 Fax No. 040 - 2335 8499 Securities: a) 3,88,33,035 Equity Shares of Rs.5/- each fully paid-up issued pursuant to Scheme of Arrangement of the Company. b) 1,31,40,489 Equity Shares of Rs.5/- each fully paid-up issued to the shareholders of erstwhile M/s Sujana Steels Ltd. pursuant to Scheme of Arrangement of the Company. Distinctive numbers : 1 to 51973524 Scrip Code : 513414 Group : B2 Market Lot : 1 Share Face Value & Paid up value : Rs.5/- each fully paid Scrip ID on BOLT System : SUJANAMETAL Abbreviated name on BOLT System : SUJANA METAL ISIN No. : INE215G01021 2. Trading members may note that the Equity Shares in dematerialised form after the reduction in the share capital of the company has been credited in the new ISIN No. INE215G01021. Henceforth, trading members should deal in the new ISIN No. INE215G01021 only and not to deal in the old ISIN No. INE215G01013. Trades effected in the scrip will be in a unit market lot, i.e., one share in the Rolling Settlement. Exit route scheme for small investors announced vide Exchange Notice No. 1302/ 1999 dated April 15, 1999 will be available. 3. Trading members may please note that undermentioned 82,85,122 equity shares of the company are under lock-in and therefore these shares would not be good delivery in the market till then. The company has confirmed that, in case of equity shares that are issued in physical form, relevant share certificates have been enfaced with a stamp regarding its non-transferability and in case of equity shares issued in demat form, necessary corporate action has been executed to have lock-in period marked in the depository's record. The details of non-transferable shares are given hereinbelow: Number of Shares Details of Dist. Nos. Date upto which lock in 26,50,000 36183036 to 38833035 22.09.2008 23,50,000 Demat 22.09.2008 32,69,078 38833036 to 42102113 15.07.2010 16,044 Demat 14.07.2010 4. The 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 Court of Andhra Pradesh at Hyderabad vide their order dated April 10, 2007. a) Appointed date: July 01, 2006 b) The effective date: May 4, 2007 c) Date of Allotment: June 8, 2007 d) The issued, subscribed and paid-up equity capital of the Company before Scheme of Arrangement was Rs. 3883.30 lacs consisting of 3,88,33,035 Equity shares of face value of Rs.10/- each fully paid up. e) Pursuant to scheme, the "Towers Division" of the company was demerged into "Sujana Towers Ltd." (STL) and in consideration thereof, STL has issued 1 (One) Equity share of Rs.5/- each for every 1 (One) Equity share of Rs.10/- each held in SMPL as on record date. f) Post demerger, the Equity share capital of SMPL got reorganized and the paid up value of each equity share of the company stands reduced from Rs.10/- each to Rs.5/- per equity share by cancellation of Rs.5/- per share. g) Further, upon amalgamation of M/s Sujana Steels Ltd. (SSL) into SMPL, SMPL has issued 4 (Four) Equity shares of Rs.5/- each of the company, for every 9 (Nine) Equity shares of Rs.10/- each held in erstwhile Sujana Steels Ltd. h) The issued, subscribed and paid-up capital of the company post scheme of arrangement as above comes to Rs.2598.67 lacs consisting of 5,19,73,524 Equity shares of face value of Rs.5/- each fully paid up. 5. As per Exchange Notice No. 20070522-21 dated May 22, 2007, the company had fixed June 5, 2007 as "Record Date", for giving effect to the scheme of arrangement and accordingly dealing in the abovementioned securities of the company was stopped with effect from May 29, 2007. 6. Trading members may also note that in respect of shares held in physical form, the company has issued new certificates without surrender of the old equity shares certificates of the company and accordingly the old share certificates shall stand cancelled. 7. Trading members of the Exchange are informed that the Equity Share certificates in physical form bearing the undermentioned distinctive numbers of the company as stated alongside shall be good/bad delivery in the market. Name of the company Distinctive Date of Good/ appearing on the Numbers Issue Bad share certificate Delivery Sujana Metal Products Ltd. 1-38833035 Before Record Date Bad Sujana Metal Products Ltd. 1-51973524 After Record Date Good Hence, trading members should take due care and abundant caution while dealing / receiving / delivering these shares of the company from/to the market. 8. The share transfer documents should be sent to the registrar of the company at the address mentioned below: M/s. Bigshare Services Private Limited Unit: Sujana Metal Products Ltd. G-10, Left Wing, Amrutha Ville, Opp. Yashoda Hospital, Somajiguda, Hyderabad - 500 082. Tel No. 040- 2337 4967 Fax No. 040- 2337 0295 Email Id : hyd2_bigshare@yahoo.com 9. The Company's Financial Year ends on 30th June. 10. In case the trading members require any clarification on the subject matter of the notice, they may please contact Mrs. Shaik Razia, Company Secretary, Sujana Metal Products Ltd., on Tel. Nos.: 040 - 2335 2627 / 1882 (Extn. 117) or the undersigned on Tel. Nos. 022 - 2272 1233 / 34 (Extn. 8476) or Ms. Swati Sinha Extn: 8571. (As per BSE Notice dated on 10/07/2007)