Board has approved a Scheme for the amalgamation (the Scheme) of Narmada Cement Company Ltd (NCCL) with the Company. NCCL is a subsidiary in which the Company holds 97.80% of the paid up equity share capital. NCCL has been declared a sick Company by the Hon'ble Board for Industrial & Financial Reconstruction (BIFR) under the provisions of the Sick Industrial Companies (Special Provisions) Act, 1985 (SICA). In terms of the provisions of SICA, the Scheme is subject to the approval of the shareholders of the Company and BIFR. Upon receipt of the approvals and subject to the provisions of SICA and such other orders, as may be passed by the BIFR, NCCL will amalgamate with the Company w.e.f. October 01, 2005, in consideration for which,the shareholders of NCCL shall be allotted 1 equity share of the face value of Rs 10/-each credited as fully paid-up of the Company for every 18 equity shares of the face value of Rs 10/- each credited as fully paid-up in NCCL. EGM 20/02/2006 To consider the following business: 1. Approval to the Scheme of Amalgamation of Narmada Cement Company Ltd (NCCL) with the Company, subject to necessary approvals & provisions. (As per BSE Bulletin dated on 27/01/2006) Ultratech Cement Limited has informed the Exchange that at the EGM of the shareholders of the Company held on February 20, 2006, the shareholders of the Company: (1) approved the Amalgamation of Narmada Cement Company Limited (NCCL) with the Company and (2) authorised the BODs of the Company to issue and allot equity shares of the Company to the shareholders of NCCL in terms of the share exchange ratio as contained in the Scheme of Amalgamation. (As per NSE Bulletin dated on 21/02/2006) Ultratech Cement Limited has informed the Exchange that the company has received an Order from the Board for Industrial & Financial Reconstruction (BIFR) approving the Scheme for the Amalgamation of Narmada Cement Company Limited (NCCL), an unlisted subsidiary of the Company, with the Company. The Finance Commitee of the Board at its meeting held on May 25, 2006 has taken note of the BIFR Order and has fixed June 07, 2006, as the Record Date for the purpose of determining the eligibility of NCCL's sharholders for receiving shares of the Company. As mentioned above, NCCL is an unlisted Company. (As per NSE Bulletin dated on 25/05/2006) Trading members of the Exchange are hereby informed that the under mentioned new securities of UltraTech Cement Ltd. (Scrip Code: 532538, ISIN No: INE481G01011) are listed and permitted for trading on the Exchange with effect from Tuesday, July 04, 2006. Securities 87,258 *Equity Shares of Rs.10/- each issued to the shareholders of erstwhile Narmada Cement Company Ltd. pursuant to Scheme of Amalgamation of the Company. Dist. Nos. 129521438 to 129608695 * These shares are ranking pari-passu with the existing 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 BIFR Order dated May 15, 2006. b)Effective Date: June 1, 2006 c) Appointed Date: October 1, 2005 d) Date of Allotment: June 14, 2006 e) Exchange Ratio - For every 18 equity shares of Rs.10/- held in the transferor company, viz; Narmada Cement Company Ltd., 1 equity share of Rs.10/- each of the company has been issued. 3. The company's financial year ends on 31st March. (As per BSE Notice dated on 03/07/2006)