Scheme of Amalgamation of Zelinka Ltd, a wholly owned subsidiary of the Company, with the Company. Due to business needs, the Board of Directors have decided to withdraw the above schemes and would not proceed with the merger. Necessary steps are being taken with the Hon'ble High Court of Karnataka to call Off the meeting of the shareholders / creditors of the company scheduled on July 13, 2006 to consider and approve the Scheme of Amalgamation of Asian Opportunities and Investments Ltd with the Company. The Scheme of Amalgamation of Zelinka Ltd with the Company has not been filed with the Honble High Court of Karnataka. United Spirits Ltd has informed BSE that the Board of Directors of the Company at their meeting held on November 28, 2007 has considered and approved the following proposal: The Board of Directors has also approved the scheme for merger of Zellnka Ltd (ellnka') with the Company. As Zellnka is wholly owned subsidiary of the Company, there is no consideration in respect of merger of Zellnka with the Company. The Appointed Date for the merger will be April 1, 2007. The Scheme is subject to requisite consent, approval of the requisite majority of the shareholders, lenders, creditors of the companies, the Hon'ble High Court of Bombay, Karnataka and Calcutta, the permission or approval of the Central Government or any other statutory or regulatory authorities, which by law may be necessary for the implementation of the Scheme. (As Per BSE Announcement Website Dated on 29/11/2007) United Spirits Ltd has informed BSE that the equity shareholders, secured creditors and the unsecured creditors of the Company at their separate Court Convened Meetings held on April 11, 2008, have approved the Scheme of Amalgamation of Zelinka Ltd with United Spirits Ltd ("the Scheme"), with requisite majority. (As per BSE Announcement Website dated on 15/04/2008) United Spirits Ltd has informed BSE that the Scheme of Amalgamation of Zelinka Ltd with Company ("the Scheme") has been sanctioned by the Hon'ble High Court of Karnataka at Bangalore on May 29, 2008. Zelinka Ltd, the Transferor Company will take necessary steps for implementing the Scheme. (As per BSE Announcement Website dated on 06/06/2008) With reference to the Scheme of Amalgamation of Zelinka Ltd ("Zelinka") with United Spirits Ltd ("USL") and their respective shareholders ("the Scheme"), United Spirits Ltd has informed BSE that the Hon'ble High Court of Karnataka at Bangalore had already sanctioned the Scheme on May 29, 2008 and the certified copy of the Order of the Hon'ble High Court of Karnataka at Bangalore had been filed with the Registrar of Companies, Karnataka at Bangalore. Zelinka has complied with the procedure required to be followed under the local corporate laws of Cyprus to give effect to the Scheme. Accordingly, the Scheme has become operative from March 26, 2009. Pursuant to the Scheme, inter alia, the entire undertaking, assets and liabilities, duties and obligations of Zelinka stand transferred to and vest in USL. No shares will be issued by USL as Zelinka is a wholly owned subsidiary of USL. (As Per BSE Announcement Dated on 26/03/2009)