Approved in principle the proposal to merge/amalgate PetroconIndia Ltd. with the company subject to approval of the members/creditors of both the companies. (As per BSE Bulletin datead on 23/08/2005) Approved the scheme of arrangement and the valuation of the shares together with the exchange ratio determined and recommended by the valuers. The exchange ratio has been proposed as 5 shares of Vedeocon Industries Ltd. for every 2 sahres held in Petrocon India Ltd. (As per BSE Bulletin dated on 08/12/2004) Videocon Industries Limited has informed the Exchange that the company had earlier informed that the BODs in their meeting held on August 16,2004 had in principle approved the proposal of amalgamation of Petrocon India Limited with the company. In this connection, the company has further informed that the BODs in their meeting held on December 06,2004 have approved the Scheme of Amalgamation and the valuation of the shares together with the exchange ratio determined and recommended by the Valuers. The exchange ratio has been proposed as 5 shares of Videocon Industries Limited for every 2 shares held in Petrocon India Limited. (As per NSE Bulletin dated on 09/12/2004) The Company has informed that pursuant to the order from Hon'ble High Court of Bombay a meeting of the equity shareholders & Unsecured Creditors of the Company (The Applicant Company) will be held on March 21, 2005, for the purpose of considering and if thought fit, approving, with or without modification the arrangement embodied in the Scheme of Amalgamation of Petrocon India Ltd, the Transferor Company with the Applicant Company. (As per BSE Bulletin dated on 03/03/2005) The company has informed that the Hon'ble High Court of Judicature at Bombay has sanctioned the Scheme of Amalgamation of Petrocon India Ltd with the Company. The Company has also obtained approval from the Government of India. (As per BSE bulletin dated on 26/05/2005) In terms of the scheme of amalgamation sactioned by the Hon'ble High Court of Bombay vide order dated 6th May, 2005, petrocon india limited has been amalgamated with the company with effect from 31st March, 2004 (the "Appointed Date"). The Scheme has become effective on 7th June,2005 (the "Effective Date"). (As per Economic Times dated 01/08/2005) Trading members of the Exchange are hereby informed that the under mentioned new securities of Videocon Industries Ltd. (Scrip Code: 511389, ISIN No: INE703A01011) are listed and permitted for trading on the Exchange with effect from Wednesday, November 23, 2005. Securities 12,57,55,450 *Equity Shares of Rs.10/- each (fully paid-up) issued to the shareholders of erstwhile M/s. Petrocon India Ltd. pursuant to the scheme of amalgamation of the Company Dist. Nos. 49795196 - 175550645 * These shares are ranking pari-passu with the existing equity shares of the company. 2. Trading members may please note that the entire 12,57,55,450 equity shares of the Company are under lock-in/pledged with banks as a collateral as per the details below and therefore these shares would not be good delivery in the market till then. The company has confirmed that the share certificates have been enfaced with a stamp regarding its non-transferability. Number of Shares Distinctive Nos. Date upto which lock-in/pledge 35000000 49795196 - 84795195 27-06-2010 58750075 84795196 - 143545270 22-11-2006 31250100 143545271 - 174795370 22-11-2008 755275 174795371 - 175550645 22-11-2006 12,57,55,450 Total These shares are pledged with banks as a collateral. 3. The brief particulars of the Scheme of Amalgamation are as mentioned below: a)The Scheme of Amalgamation of the company was approved by the Hon'ble High Court of Bombay vide its order dated May 6, 2005. b)The appointed date: March 31, 2004. c)Date of Allotment: August 13, 2005. d)Exchange Ratio - For every 2 equity shares of Rs.10/- each held in M/s. Petrocon India Ltd., 5 equity share of Rs.10/- each of the company have been issued. 4. The company's financial year ends on 30th Septeber. (As per BSE Notice dated on 22/11/2005) In continuation to the Exchange Notice Nos: 20051122-19, 20051122-20 and 20051122-22 dated November 22, 2005, regarding listing of equity shares of Videocon Industries Ltd. (Scrip Code: 511389, ISIN No: INE703A01011) issued pursuant to the scheme of amalgamations, trading members of the Exchange are hereby informed that they should read the Company's financial year end as September 30 and not as mentioned in the aforesaid notice. (As per BSE Notice dated on 23/11/2005)