Blue Star Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 29, 2007, inter alia, has considered and approved the proposal for merger of Investment Companies of promoter group viz., Admo Holdings Pvt Ltd, Sunag Investments Pvt Ltd, Sunashad Investments Pvt Ltd and Mohan T Advani Finance Pvt Ltd ("Investment Companies") with the Company pursuant to the provisions of the Companies Act. The promoters, through these Investment Companies hold 78 equity shares of Blue Star Ltd. In order to rationalize the promoter shareholding in the Company, it is proposed to merge the Investment Companies with the Company. Upon merger, the existing holding would get cancelled and the Company would allot the same number of equity shares to the shareholders of the Investment Companies. Accordingly, there would be no change in the total paid-up capital or the total promoter holding of the Company. Since there are no other assets (except some cash to meet the merger expenses) or liabilities in the merged Companies, there would be no financial impact on Blue Star Ltd. The Scheme is subject to approval of the Hon'ble High Court of Bombay and the shareholders and other statutory or regulatory authorities wherever necessary. Blue Star Ltd has informed BSE that in accordance with the directions of the Hon'ble High Court of Bombay in Company Application No 74 of 2008, the equity shareholders of the Company at its meeting held on March 04, 2008 have unanimously approved the Scheme of Amalgamation of Admo Holdings Pvt Ltd, Sunag Investments Pvt Ltd, Sunashad Investments Pvt Ltd and Mohan T Advani Finance Pvt Ltd with Blue Star Ltd ("the Scheme"). (As per BSE announcement Website dated on 05/03/2008) Trading members of the Exchange are hereby informed that the under mentioned new securities of Blue Star Limited (Scrip Code: 500067, ISIN No. INE472A01039) are listed and permitted for trading on the Exchange with effect from Thursday, November 06, 2008 Securities 78,99,381 * Equity Shares of Rs.2/- each issued to the shareholders of erstwhile Admo Holdings Pvt Ltd, Sunag Investments Pvt Ltd, Sunashad Investment Pvt Ltd & Mohan T Advani Finance Pvt Ltd pursuant to the scheme of Amalgamation of the Company. Dist. Nos. 137356035 to 145255415 *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 the Hon'ble High Court of Judicature at Bombay vide its Order dated May 02, 2008. b) Appointed Date: December 01, 2007. c) Effective Date: June 16, 2008. d) Date of Allotment: July 07, 2008. e) Exchange Ratio: 78,99,381 equity shares of Rs.2/- each are issued to the shareholders of the transferor companies against the cancellation of equal number of shares held by transferor companies in Blue Star Ltd. 4. The company's financial year ends on 31st March. (As Per BSE Notice Dated on 05.11.2008)