6th-Apr-2005 18:21Source: BSE

Nahar Industrial Enterprises Ltd has fixed April 29, 2005 as Record Date for the purpose of determining the names of the members in Nahar International Ltd (NINL) and Nahar Sugar & Allied Industries Ltd (NSAIL) who would be entitled to get equity shares of Nahar Industrial Enterprises Ltd (NIEL) in terms of the scheme of amalgamation of Nahar International Ltd and Nahar Sugar & Allied Industries Ltd with Nahar Industrial Enterprises Ltd, sanctioned by the Hon''ble High Court of Punjab & Haryana, Chandigarh vide its order dated March 04, 2005 in the following swap ratios: 1) 3 (three) fully paid up Equity Share of Rs 10/- each of NIEL for every 12 (twelve) fully paid up Equity Shares of Rs 10/- each of NINL. In respect of partly paid up equity shares, on the basis of equity each of the holder of such partly paid up equity shares of NINL shall be allotted such number of fully paid up equity shares of NIEL as per their entitlement, computed in proportion to the amount paid up on the equity shares, in the same exchange ratio. 2) 3 (three) fully paid up Equity Shares of Rs 10/- each of NIEL for every 10 (ten) fully paid up Equity Shares of Rs 10/- each of NSAIL. In respect of partly paid up equity shares, on the basis of equity each of the holder of such partly paid up equity shares of NSAIL shall be allotted such number of fully paid up equity shares of NIEL as per their entitlement, computed in proportion to the amount paid up on the equity shares, in the same exchange ratio.