AIA Engineering Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 22, 2008, inter alia, has approved the Scheme of Amalgamation of Paramount Centrispun Castings Pvt Ltd (PCCL) an unlisted Wholly-owned Subsidiary and Reclamation Welding Ltd (RWL), an unlisted Subsidiary of the Company pursuant to the provisions of Section 391 to 394 of the Companies Act, 1956 subject to the requisite approval of Hon'ble High Court, Gujarat, Ahmedabad and the other Statutory / Regulatory approvals. PCCL, being an Un-listed Wholly-owned Subsidiary of the Company, no fresh shares will be issued to the shareholders of PCCL and the entire share capital of PCCL so held by AIA shall stand cancelled upon the Scheme become effective. AIA Engineering Ltd has informed BSE that the Equity Shareholders of the Company its court convened meeeting held on January 16, 2009., have unanimously approved the Scheme of Amalgamation of Reclamation Welding Ltd and Paramount Centrispun Castings Pvt. Ltd with the Company. The said Scheme of Amalgamation shall now be presented for approval and consideration of the Hon'ble High Court of Gujarat at Ahmedabad. (As Per BSE Announcement Website dated on 29.01.2009) AIA Engineering Ltd has informed BSE that further to the Scheme of Amalgamation of Reclamation Welding Ltd and Paramount Centrispun Castings Pvt. Ltd with AIA Engineering Ltd ('the Company'), being unanimously approved by the Equity Shareholders of the Company at their meeting held on January 16, 2009, the Company filed a Petition with Hon'ble High Court of Gujarat at Ahmedabad on February 02, 2009. Further the Company has informed that, the Hon'ble High Court, by an order made on February 05, 2009 has directed that the Petition is fixed for hearing and final disposal on March 05, 2009. Further the Company has submitted to BSE the Notice of the Petition for final hearing fixed on March 05, 2009 in the matter of Scheme of Amalgamation of Reclamation Welding Ltd and Paramount Centrispun Castings Pvt. Ltd with AIA Engineering Ltd. (As Per BSE Announcement Website dated on 19.02.2009) Aia Engineering Limited has informed the Exchange that the Hon'ble High Court of Gujarat at Ahmedabad vide its order dated May 08, 2009 has approved the Scheme of Amalgamation of Reclamation Welding Limited (Reclamation) and Paramount Centrispun Castings Private Limited (Paramount) with Aia Engineering Limited ('the Company'). Further, pursuant to Scheme of Amalgamation sanctioned by Hon'ble High Court of Gujarat, Ahmedabad, the shareholders of erstwhile Reclamation (other than the Company) will be issued 336430 Equity Shares of Rs.2 each of the Company. Further Company states that no shares of the Company will be issued to the shareholders of erstwhile Paramount, being the Wholly-owned Subsidiary of the Company and the shares held by the Company in Paramount will be cancelled. (As Per NSE Bulletin Dated on 25/05/2009) AIA Engineering Ltd has informed BSE that the Hon'ble High Court of Gujarat at Ahmedabad vide its order dated May 08, 2009 has approved the Scheme of Amalgamation of Reclamation Welding Ltd (Reclamation) and Paramount Centrispun Castings Pvt. Ltd (Paramount) with AIA Engineering Ltd ('the Company'). Further the Company has informed that, pursuant to Scheme of Amalgamation sanctioned by Hon'ble High Court of Gujarat, Ahmedabad, the shareholders of erstwhile Reclamation (other than the Company) will be issued 336430 Equity Shares of Rs 2 each of the Company. Further the Company has also informed that, no shares of the Company will be issued to the shareholders of erstwhile Paramount, being the Wholly-owned Subsidiary of the Company and the shares held by the Company in Paramount will be cancelled. (As Per BSE Announcement Website dated on 26.05.2009) AIA Engineering Ltd has informed BSE that the Board of Directors of the COmpany at its meeting held on June 25, 2009 have consented to the allotment of 3,36,430 (Three Lacs Thirty Six Thousand Four Hundred Thirty only) Equity Shares of Rs 2/- each fully paid-up (referred to as 'New Equity Shares') to the shareholders of Reclamation Welding Ltd (Reclamation) whose names appeared in the Register of Members of erstwhile Reclamation as on the Record Date i.e. 'June 25, 2009' in proportion to their holding in Reclamation. The New Equity Shares shall rank pari passu in all respects with and carry the same rights as the existing equity shares of the Company as mentioned in the Scheme of Amalgamation (Scheme). Further the Company has informed that pursuant to the Scheme 1,57,000 Equity Shares of Reclamation held by the Company has been cancelled without any further acts or deed. (As per BSE Announcement Dated on 01.07.2009) Trading members of the Exchange are hereby informed that the under mentioned new securities of AIA Engineering Limited (Scrip Code: 532683. ISIN No: INE212H01026) are listed and permitted for trading on the Exchange with effect from Tuesday, July 21, 2009. Security Details 3,36,430 Equity Shares of Rs.2/- each issued to the shareholders of erstwhile Reclamation Welding Ltd & Paramount Centrispun Castings Pvt Ltd pursuant to the Scheme of Amalgamation of the Company. These shares are ranking pari-passu with the existing equity shares of the company. Dist. Nos.: 93983941 to 94320370 Date of Allotment: June 25, 2009. Lock in details No. of Securities: 84,108 Dist. Nos.: 94236263 - 94320370 Date up to which under lock-in: July 31, 2012 (As Per BSE Notice dated on 20.07.2009)