Status of Investor Complaints for the quarter ended March 31, 2009

Complaints Pending at the beginning of the quarter 01

Complaints Received during the quarter 13

Complaints disposed off during the quarter 14

Complaints unresolved at the end of the quarter Nil

1. The above audited financial results have been reviewed by the Audit Committee in its meeting held on June 21, 2009 and approved by the Board of Directors at their meeting held on June 25, 2009.

2. The figures of previous periods have been re-grouped/re-arranged wherever considered necessary.

3. The Company has allotted 421064935 Equity Shares of Rs 2/- each at a premium of Rs 36.50 per share on April 22, 2009 to Qualified Institutional Buyers pursuant to Chapter XIII-A of Securities and Exchange Board of India (Disclosure & Investor Protection) Guidelines, 2000.

4. The Board of Directors have recommended a dividend of Rs 0.10 per equity share of face value of Rs 2 each on increased number of equity shares i.e. 2044439935, subject to approval of members in the Annual General Meeting.

Sanjay Chandra
Managing Director