Hindusthan National Glass & Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 15, 2007 has considered and approved Amalgamation of ACE Glass Containers Ltd (an unlisted Company) with the Company pursuant to section 391 to 394 of the Companies Act, 1956 with effect from April, 01, 2006. Hindusthan National Glass & Industries Ltd has informed BSE that the resolution relating approval of Scheme of Amalgamation of ACE Glass Containers Ltd with the Company, was moved at the Court convened meeting of the Equity Shareholders of the Company held on October 29, 2007 by the Court appointed chairperson and the matter was considered by the Shareholders present thereat. The Shareholders have voted on the resolution through a poll. Further steps will be taken by the Chairperson as per the Court's directives and law. (As Per BSE Announcement Website Dated on 30/10/2007) Hindusthan National Glass & Industries Ltd has informed BSE that the Learned Chairperson has filed her report on the Extra-ordinary General Meeting with the Calcutta High Court on November 21, 2007 as per Court's directive, informing the Hon'ble Court that the Shareholders of the Company in the meeting held on October 29, 2007 have approved the Scheme of Amalgamation for the amalgamation of Ace Glass Containers Ltd with the Company unanimously, passed through poll. (As Per BSE Announcement Website Dated on 21/11/2007) Hindusthan National Glass & Industries Ltd has informed BSE that subsequent to the approval of the Scheme of Amalgamation by the Secured & Unsecured Creditors of Ace Glass Containers Ltd at their respective meetings held on December 08, 2007, the Hon'ble Delhi High Court at Delhi has issued a notice to the Regional Director and Official Liquidator vide Order dated December 17, 2007 returnable on March 19, 2008. This notice is with respect to the Amalgamation of Ace Glass Containers Ltd (Transferor) with the Company in connection with the confirmation petition filed by the Transferor Company. (As per BSE Announcement Website dated on 19/12/2007) Hindusthan National Glass & Industries Ltd has informed BSE that the Hon'ble High Court at Calcutta, has approved the scheme of amalgamation and re-organisation of the capital. (As per BSE Announcement Website dated on 27/02/2008) Hindusthan National Glass & Industries Ltd has informed BSE that the Scheme of Amalgamation of Ace Glass Containers Ltd with Hindusthan National Glass & Industries Ltd has been filed with the Registrar of Companies. (As per BSE Announcement Website dated on 08/05/2008) As contemplated in the Scheme, the Company is fixing the record date of Ace Glass Containers Ltd as May 09, 2008 to decide the name of the eligible persons who would be entitled to shares of Hindusthan National Glass & Industries Ltd., as per the Scheme. The relevant portion of the Scheme exchange ratio is reproduced herein below: "1 (one) Equity Share of the Transferee Company having a face value of Rs 10/- (Rupees Ten only) each, credited as fully paid up to the members of Transferor Company for every 35 (thirty five) fully paid up equity shares of the face value of Rs 10/- (Rupees Ten only) each held by the members of the Transferor Company." Trading members of the Exchange are hereby informed that the under mentioned new securities of Hindusthan National Glass & Industries Limited (HNGL) (Scrip Code: 515145, ISIN No. INE952A01014) are listed and permitted for trading on the Exchange with effect from Tuesday, January 20, 2009. Securities 64,24,345 * Equity Shares of Rs.10/- each issued to the shareholders of erstwhile Ace Glass Containers Limited (AGCL) pursuant to the Scheme of Amalgamation of the Company. Dist. Nos. 11043649 to 17467993 *These shares are ranking pari-passu with the existing equity shares of the company. 2. Trading members may please note that 16,06,087 equity shares (demat form) are under lock-in up to February 01, 2012. 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 Calcutta & Delhi vide their order dated 7.4.2008 & 19.3.2008 respectively. b) Appointed Date: April 01, 2006. c) Effective Date: April 28, 2008. d) Date of Allotment: May 16, 2008. e) Exchange Ratio: 1 equity share of Rs.10/- each of HNGL for every 35 equity shares of Rs10/- each in AGCL. (As Per BSE Notice Dated on 19.01.2009)