1. The above audited results were reviewed by the Audit Committee at its meeting held on May 28, 2009 and were taken on record at the Meeting of the Board of Directors held on May 29, 2009.

2. The New Cement plant at Ariyalur, Tamilnadu was commissioned on March 06, 2009, Resultantly the installed cement manufacturing capacity for the company has Increased from 8 MTPA to 10 MTPA.

3. Subsequent to sub-division of equity shares of Rs 10/- each into 10 equity shares of Re 1/- each and issue of bonus shares in the ratio of 1:1, the paid up capital of the company is Rs 23,79,69,380/- consisting of 23,79,69,380 shares of Rs 1 each. The earnings per share is restated for the previous year in accordance with AS-20.

4. The Board has approved payment of final dividend of Rs 1/- per share for the year 2008-09. Together with the Interim dividend of Rs 1/- par share paid already, the total dividend for the year 2008-09 is Rs 2/- per share.

5. The previous year figures have been re-grouped / re-stated wherever necessary.

P R Ramasubrahmaneya Rajha
Chairman & Managing Director