Amalgamation (As per BSE Bulletin dated on 18/07/2005) The Board has approved the merger of Tata Infotech Ltd., (TIL) with the Company pursuant to and subject to the provisions of Sections 391 to 394 of the Companies Act, 1956. As per the terms of the Merger Scheme (Scheme), shareholders of TIL will receive one equity share of Re 1 each of the Company for two equity shares of Rs 10 each of TIL. The share exchange ratio was jointly arrived at by M/s BSR & Co (formerly known as Bharat S Raut & Co) and M/s Bansi S Mehta & Co. After the amalgamation, the paid up share capital of the Company will increase from Rs 48.01 crores to Rs 48.93 crores. The Scheme is subject to, inter alia, the approvals of the Honorable High Court of Bombay, shareholders and creditors (if necessary) of both the companies and the relevant Stock Exchanges. The amalgamation, when approved, will be effective from April 01, 2005. The merger will provide the Company an expanded customer base and a deeper penetration in key geographies, and these customers will have access to the wider range of services offered by the Company. TIL has a significant presence in the systems integration area, particularly in telecommunications and defence, which will supplement the capabilities of the Company as well as those of its subsidiary CMC Ltd, both in domestic and overseas markets. Amalgamation with the company the following 3 unlisted wholly-owned subsidiaries of TCS: 1) Airline Financial Support Services (India) Ltd 2) Aviation Software Development Consultancy India Ltd. 3) TCS Business Transformation Solutions Ltd. The company has informed that pursuant to the order of Hon'ble High Court of Judicature at Bombay, the separate meeting of the Unsecured Creditors & Equity Shareholders of the Company will be held on October 18, 2005, for the purpose of considering, and, if thought fit, approving with or without modification(s), the proposed Scheme of Amalgamation of Tata Infotech Ltd with the Company. (As per BSE BUlletin dated on 28/09/2005) Notice of Meeting Tata Consultancy Services Limited has informed the Exchange that by an Order made on August 26, 2005, the Hon'ble High Court of Judicature at Bombay has directed that meetings of the Unsecured Creditors and Equity shareholders, respectively, of Tata Consultancy Services Limited, the Applicant Company, be convened and held on October 18, 2005 for the purpose of considering and if thought fit approving, with or without modification(s), the proposed Scheme of Amalgamation of Tata Infotech Limited (the "Transferor Company") with Tata Consultancy Services Limited (the "Applicant Company" or the "Transferee Company"). (As per NSE Bulletin dated on 30/09/2005) Tata Consultancy Services Limited has informed the Exchange that at the Court Convened Meetings of Unsecured Creditors and Shareholders of Tata Consultancy Services Ltd (TCS) held on October 18, 2005, the resolution for approval of the Scheme of Amalgamation of Tata Infotech with TCS pursuant to Sections 391-394 of the Companies Act, 1956 have been passed with the requisite majority. The said Scheme of Amalgamation is subject to the sanction of Hon'ble High Court of Judicature at Bombay. (As per NSE Bulletin dated on 19/10/2005) The company has informed that the Honble High Court on January 27, 2006, has approved the Scheme of Amalgamation of Tata Infotech Ltd with the Company and all the formalities connected therewith have been completed on February 01, 2006. Further the Company has informed that the Effective Date of the Scheme is February 01, 2006. The Scheme will be operative retrospective from April 01, 2005, which is the Appointed Date under the Scheme. (As per BSE Bulletin dated on 01/02/2006) Tata Consultancy Services Limited has informed the Exchange that the Record Date for determining the shareholders of Tata Infotech Limited who are entitled to receive one equity share of Tata Consultancy Services Limited of Re.1/- each for two equity shares of Tata Infotech Limited of Rs.10/- each, in accordance with the Scheme has been fixed as February 24, 2006. (As per NSE Bulletin dated on 02/02/2006) Trading members of the Exchange are hereby informed that the under mentioned new securities of Tata Consultancy Services Ltd. (Scrip Code: 532540, ISIN No: INE467B01029) are listed and permitted for trading on the Exchange with effect from Friday, March 24, 2006. Securities 91,90,440 *Equity Shares of Re.1/- each issued to shareholders of erstwhile Tata Infotech Ltd. pursuant to Scheme of Amalgamation of the Company. Dist. Nos. 480114810 to 489305249 * These shares are ranking pari-passu with the old equity shares of the company. 2. 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 Bombay vide its order dated January 27, 2006. b) Appointed Date: April 1, 2005. c)Date of Allotment: March 7, 2006 d)Exchange Ratio - For every 2 equity share of Rs.10/- each held in erstwhile Tata Infotech Ltd., 1 equity share of Re.1/- each of the company have been issued. 3. As per Exchange Notice Nos. 20060207-23 dated February 07, 2006, the transferor company viz. Tata Infotech Ltd. had fixed February 24, 2006 as Record Date, for giving effect to the Scheme and accordingly, trading in the shares of the said transferor company was stopped with effect from February 17, 2006. 4. The company's financial year ends on 31st March. (As per BSE Bulletin dated on 23/03/2006)