Board has approved the Scheme of Amalgamation of Williamson Tea Assam Ltd with the Company with effect from April 01, 2005. Pursuant to the said Scheme of Amalgamation which is subject to various approvals Three (3) new Equity Shares of Rs 5/- each in the Company credited as fully paid up will be issued for every One (1) Equity Share of Rs 10/- each fully paid up held by the members of Williamson Tea Assam Ltd in the capital of the said Company. The Company has informed that pursuant to the order of Hon'ble High Court at Calcutta a meeting of the Equity Shareholders of the Company will be held on March 10, 2006, for the purpose of considering and if thought fit, approving, with or without modification, the proposed Scheme of Amalgamation of Williamson Tea Assam Ltd with the Company. (As per BSE Bulletin dated on 17/02/2006) Mcleod Russel India Limited has informed the Exchange that at a Meeting of the Shareholders of the Company convened by the Hon'ble High Court held on March 10, 2006, the Shareholders of the Company have approved the Scheme of Amalgamation of Williamson Tea Assam Limited with the Company with effect from April 01, 2005. (As per NSE Bulletin dated on 13/03/2006) The company has informed that the shareholders of the Company at their Court Convened Meeting held on March 10, 2006, have approved the Scheme of Amalgamation of Williamson Tea Assam Ltd with the Company with effect from April 01, 2005. (As per BSE Bulletin dated on 14/03/2006) The company has informed that the Hon'ble Gauhati High Court at the Hearing held on June 07, 2006, has sanctioned the Scheme of Amalgamation of Williamson Tea Assam Ltd with the Company with effect from the appointed date i.e. April 01, 2005. Earlier the Scheme was approved by the Hon'ble High Court at Calcutta. The Scheme Will become effective upon filing of the Certified Copies of the Orders of the Honble High Court at Calcutta and Gauhati High Court with the Registrar of Companies at Kolkata and Shillong respectively. The company has further informed that it will be required to issue shares to the shareholders of Williamson Tea Assam Ltd in the ratio of three Equity Shares of Rs 5/- each for every Equity Share of Rs 10/- held in Williamson Tea Assam Ltd. The new shares will be allotted after the record date which will be announced after the Scheme becomes effective. (As Per BSE Bulletin Dated on 08/06/2006) Mcleod Russel India Ltd has informed BSE that with the filing of the Certified copies of the order dated May 19, 2006 of the Hon'ble High Court at Calcutta and the order dated June 07, 2006 of the Hon'ble Guahati High Court, approving the Scheme of Amalgamation of Williamson Tea Assam Ltd with the Company, with the Office of the Registrar of Companies at Calcutta and Shillong respectively on the June 28, 2006, the Scheme of Amalgamation of Williamson Tea Assam Ltd with the Company has become effective from June 28, 2006. (As Per BSE Bulletin Dated on 28/06/2006) Mcleod Russel India Ltd has informed BSE about the following: The Scheme of Amalgamation of Williamson Tea with the Company was sanctioned by the Honble High Court at Calcutta by its Order dated May 19, 2006 and by Gauhati High Court by its Order dated June 07, 2006. With the relevant legal requirements having been completed on June 28, 2006, the business of Williamson Tea with all its assets, liabilities, rights and obligations stand transferred to and vested in the Company with retrospective effect from April 01, 2005. By virtue of the aforesaid Amalgamation 18 quality tea estates situated in Assam have been transferred to the Company raising the total number of tea estates owned by the Company to 46. With 4 tea estates owned by Doom Dooma Tea Company Ltd ("Doom Dooma"), the wholly owned by Subsidiary of the Company, the total number of tea estates owned and controlled by the Company is 50 tea estates producing around 70 million kgs of tea per year by virtue of which the Company has become one of the largest tea producing companies in the world. (As Per BSE Billetine Dated on 03/07/2006) Mcleod Russel India Limited has informed the Exchange that the Scheme of Amalgamation of Williamson Tea Assam Limited with the Company pursuant to Sections 391 and 394 of the Companies Act, 1956 has been approved by the Hon'ble High Court at Calcutta and Gauhati High Court with retrospective effect from April 01,2005 vide Orders dated May 19,2006 and June 07,2006 respectively. The aforesaid Court Orders approving the said Scheme have been filed with the Registrar of Companies, Calcutta and Shilong on June 28,2006 and the Scheme has become effective on and from June 28,2006. Mcleod Russel India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on June 30, 2006 has fixed July 21, 2006 as the Record Date to determine the eligibility of the Members of the erstwhile Williamson Tea Assam Limited (WTA) for allotment of the Shares of the Company in the ratio of 3 new Equity Shares of Rs. 5/- each of Mcleod Russel India Limited (MRIL) for every Equity Shares of Rs. 10/- held in WTA in terms of the Scheme of Amalgamation of WTA with MRIL duly sanctioned by the Hon'ble High Court at Calcutta and Gauhati. (As per NSE Bulletin dated on 04/07/2006) Mcleod Russel India Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on July 27, 2006 the Board has approved the following :- 1) Allotment of 4,25,25,000 Equity Shares of Rs.5/- each to the shareholders of theerstwhile Williamson Tea Assam Limited (WTA) in the ratio of 3 Equity Shares of Rs.5/- each of the Company against every Equity Shares of Rs.10/- held by them in the WTA in terms of the Scheme of Amalgamation of WTA with the Company. 2) Raising of funds not exceeding US$ 30 million or its Rupee equivalent by way of issue of Equity/Equity related instruments through domestic/external issues subject to all necessary approvals. 3) Increase in Authorised Share Capital of the Company from Rs.49.22 crores to Rs.60.00 crores subject to the approval of the shareholders. 4) Obtaining approval of the shareholders by way of a Special Resolution pursuant to Section 81(1A) of the Companies Act, 1956 for issue of further shares/equity linked instruments and for increase in Authorised Capital by way of Postal Ballot. (As PER NSE Bulletin Dated on 27/07/2006)