Listing of Equity Shares of KEC International Ltd

11th March 2006: Trading Members of the Exchange are hereby informed that effective from March 10, 2006 the equity shares of KEC International Ltd (formerly known as KEC Infrastructures Ltd) (Scrip Code : 532714) are listed and permitted for trading on the Exchange in the list of B1 Group. For further details please refer to the notice No 20060308-18 dated March 08, 2006.

Listing of Equity Shares of Gitanjali Gems Ltd.

11th March 2006: Trading Members of the Exchange are hereby informed that effective from March 10, 2006, the equity shares of Gitanjali Gems Ltd (Scrip Code: 532715) are listed and admitted to dealings on the Exchange in the list of B1 Group Securities. For further details please refer to the notice no 20060309-5 dated March 09, 2006.

Anil Dhirubhai Ambani Group (ADAG) cos to begin listing next week

9th February 2006: Over 23 lakh shareholders of Reliance Industries Limited (RIL) will be able to unlock the value of their shares in the four demerged companies by the week of February 13, 2006, when the first demerged entity Reliance Capital Ventures Limited (RCVL) is expected be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), subject to requisite approvals from Sebi, BSE and NSE.

The board of directors of all the demerged companies viz Reliance Capital Ventures Limited (RCVL), Reliance Energy Ventures Limited (REVL), Reliance Natural Resources Limited (RNRL), and Reliance Communication Ventures Limited (RCoVL), now a part of the Reliance-Anil Dhirubhai Ambani Group (ADAG), met on Wednesday and decided to submit revised Information Memoranda to the BSE and NSE at the earliest. This will facilitate the early listing of shares of the companies on the stock exchanges.

At the respective meetings, the boards welcomed the appointment of Anil Ambani as the chairman of the company. A source close to the Reliance-ADAG group told FE, “After having reviewed the listing documents, including inter-alia, the draft Information Memoranda of the respective companies submitted to BSE and NSE, when the companies were under the control of RIL, it was decided to submit revised Information Memoranda with full and correct information to the bourses.”

The boards also decided the proposed listing schedule of the four group companies on BSE and NSE, with RCVL to be listed in the week of February 13, 2006, REVL in the week of February 20, 2006, RNRL in the week of February 27, 2006 and RCoVL in the week of March 6, 2006.

Meanwhile, the RCVL and REVL boards on Wednesday considered and approved a proposal for the amalgamation of the companies with Reliance Capital Ltd (RCL) and Reliance Energy Limited (REL), respectively. The shares of RCL and REL held by RCVL and REVL respectively will be cancelled under the proposed scheme of amalgamation. However, the proposed scheme of amalgamation is, inter alia, subject to the approvals of the shareholders of the RCVL, REVL, RCL and REL, the stock exchanges, the High Court of Judicature at Mumbai, and all other requisite permissions, sanctions and approvals.