Lords Chemicals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 21, 2011, unanimously approved, in-principle, amalgamation of Jagati Cokes Pvt. Ltd. with the Company and other connected matters. The aforesaid Board decision is subject to further approval by the Shareholders of the Company and other competent authorities. Lords Chemicals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 16, 2011 fixed the following share exchange ratio for the purpose of the proposed amalgamation of Jagati Cokes Pvt. Ltd. with Lords Chemicals Ltd: > 1 (one) Equity Share of Rs. 10 each, credited as fully paid-up, of the Transferee Company for every 1 (one) Equity Share of Rs. 10 each held in the Transferor Company. The Board has unanimously approved the draft Scheme of Amalgamation, etc., relating to the aforesaid amalgamation. Decision of the Board is subject to further approval of the concerned High Court(s) and other competent authorities, if any. (As Per BSE Announcement Website dated on 18.04.2011) Lords Chemicals Ltd (LCL) has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2012, inter alia, have allotted 69,30,000 Equity Shares of Rs. 10/- each fully paid-up to the shareholders of Jagati Cokes Private Limited (JCPL) in the Share Exchange Ratio as provided in the Scheme of Merger of approved by the Hon'ble High Court of Kolkata dated May 17, 2012, i.e., 1 (one) fully paid-up equity shares of face value of Rs. 10/- each of LCL for every 1(one) fully paid-up equity shares of face value of Rs.1 0/- each of JCPL. (As Per BSE Announcement Dated on 28.05.2012)