The Company has informed that copy of Order from High Court for demerger of the Bulk Tea Division of the Company has received today & upon filing the same with ROC - West Bengal, the Demerger has been effective from 24th February, 2005 with restropctive effect from 1st April, 2004. Members of the Exchange are hereby informed that, the Eveready Industries India Ltd. has fixed the Record Date for the purpose of Scheme of Arrangement. Members of the Exchange are hereby advised not to deal in the securities of the company with effect from the below mentioned date. As per the Scheme Of Arrangement for demerger of the Bulk Tea Division of the company: i. Reduction of share capital from Rs.10/- to Rs.5/- each ii. ONE equity share of Rs.5/- each fully paid up of McLeod Russel India Ltd. (the resulting company in which the Bulk Tea Division of the company has been transferred to and vested in) for every ONE existing equity share held in the company. No Dealings From:15/03/2005 (As per BSE Notice dated on 03/03/2005) Members of the Exchange are hereby informed that the under-mentioned equity shares of Eveready Industries India Ltd. (Scrip Code: 531508; ISIN No. INE128A01029) are listed and permitted for trading with effect from Wednesday, April 27, 2005. Name of the Company:Eveready Industries India Ltd. Registered Office:1, Middleton Street, Kolkata - 700 071. Tel. Nos.: 033 - 2288 2147/3950/4182 Fax No.: 033 - 2288 4059 Web: www.evereadyindustries.com Securities:5,57,79,002 equity shares of Rs.5/- each fully paid-up issued on reduction of share capital pursuant to the Scheme of Arrangement of the Company. Distinctive numbers:1 to 5,57,79,002 Scrip Code:531508 Group:B1 Market Lot:1 Share Face Value:Rs.5/- each fully paid Scrip ID on BOLT System:EVERREADY Abbreviated name on BOLT System:EVEREDY INDL ISIN No.:INE128A01029 2. Members may note that the Equity Shares in dematerialised form after the reduction of share capital has been credited in the new ISIN No. INE128A01029. Henceforth, members should deal in the new ISIN No. INE128A01029 only and not to deal in the old ISIN No. INE128A01011. Trades affected 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. 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 Calcutta vide its order dated January 17, 2005. b) The appointed date: April 1, 2004 c) Date of Allotment: March 23, 2005 d) Pursuant to the Scheme of Arrangement, Bulk Tea Division of Eveready Industries India Ltd. (EIIL) together with all assets and liabilities were demerged into Eveready Company India Limited (now known as McLeod Russel India Limited (MRIL)) e) As a result of the demerger, the face value of each equity share stand reduced from Rs. 10/- to Rs.5/-. The company allotted one equity share of Rs.5/- each fully paid up in lieu of the existing one equity share of Rs.10/- held on the record date. f) The issued, subscribed and paid-up capital of the Company before the Scheme of Arrangement was Rs.5577.90 lacs comprising of 5,57,79,002 equity shares of face value of Rs.10/- each fully paid up which has been reduced to Rs.2788.9501 lacs comprising of 5,57,79,002 equity shares of Rs.5/- each fully paid-up. 4. As per Exchange Notice No. 20050303-17 dated March 3, 2005, the Company had fixed March 22, 2005 as "Record Date", for giving effect to the Scheme and accordingly dealing in the above mentioned securities of the Company was stopped with effect from March 15, 2005. 5. Members may also note that in respect of shares held in physical form, the company has issued new share certificates without surrender of the old equity shares certificates of the company and accordingly the old share certificates of the company shall stand cancelled. 6. Members of the Exchange are informed that the Equity Share certificates in physical form bearing the under-mentioned distinctive numbers of the company as stated alongside shall be good/bad delivery in the market. Name of the company appearing on the share certificate:Eveready Industries India Ltd. Distinctive Numbers:1 to 5,57,79,002 Date of Issue:Before Record Date Good/Bad Delivery:Bad Name of the company appearing on the share certificate:Eveready Industries India Ltd. Distinctive Numbers:1 to 5,57,79,002 Date of Issue:After Record Date Good/Bad Delivery:Good Hence, members should take due care and abundant caution while dealing/receiving/delivering these shares of the company from/to the market. 7. The share transfer documents should be sent to the registrar of the company at the address mentioned below : Maheshwari Datamatics Pvt. Ltd. Unit: Eveready Industries India Ltd. 6, Mangoe Lane, Kolkatta - 700 001. Tel Nos. 033 - 2243 5809/ 5029 Fax No. 033 - 2248 4787 8. The CompanyÆs Financial Year ends on 31st March. 9. In case the members require any clarifications on the subject matter of this notice, they may contact any of the following: A) At the Company:Mr. A. Chakravarti, Director & Secretary,Tel. Nos. 033 - 2288 2147/ 3950/ 4182 Fax Nos. 033 - 2288 4059 (As per BSE notice dated on 25/04/2005)