29 January 2004

 
Kind Attn: Mr. Arun P. Dhanwade

  Dear Sir,

Sub:-  Court Convened Meetings and EGM.
Ref.: - Company No. 15365.

 This is to inform you that;

2.      An Extra-Ordinary General Meeting of the Equity Shareholders of the Company was held on Thursday, the 29^th January, 2004 at 11.30 a.m. at the Registered Office of the Company whereat the Shareholders have unanimously passed the resolution approving Reduction in Capital as envisaged in the Scheme of Arrangement and Amalgamation referred above.

3.   The Court Convened Meeting of Secured Creditors was held on Thursday, the 29^th January,  2004 at 3.00 p.m. at the Registered Office of the Company whereat the Secured Creditors have approved with requisite majority, the Scheme of Arrangement and Amalgamation referred above.

4.  The Court Convened Meeting of Preference Shareholders was held on Thursday, the 29^th January, 2004 at 3.30 p.m. at the Registered Office of the Company whereat the Preference Shareholders have approved with requisite majority the Scheme of Arrangement and Amalgamation referred above.

This is for information of your members and all the concerned.

Thanking you,

Kind Attn.: Mr. Hari K. Manager

 
Dear Sir,

Sub:-  Court Convened Meetings and EGM
Ref.: - Company No. 15365.

This is to inform you that;

1.    The Court Convened Meeting of the Equity Shareholders of the Company was held on Thursday, the 29^th January, 2004 at 10.30 a.m. at the Registered Office of the Company situated at Village & P.O. Toranagallu, Sandur Taluk, Bellary District, Karnataka – 583 123 whereat the Shareholders have approved with requisite majority, the Scheme of Arrangement and Amalgamation under section 391 to 394 of the Companies Act, 1956, between Jindal Vijayanagar Steel Limited, Jindal Iron & Steel Company Limited & Jindal South West Holdings Limited.

2.      An Extra-Ordinary General Meeting of the Equity Shareholders of the Company was held on Thursday, the 29^th January, 2004 at 11.30 a.m. at the Registered Office of the Company whereat the Shareholders have unanimously passed the resolution approving Reduction in Capital as envisaged in the Scheme of Arrangement and Amalgamation referred above.

3.      The Court Convened Meeting of Secured Creditors was held on Thursday, the 29^th January,  2004 at 3.00 p.m. at the Registered Office of the Company whereat the Secured Creditors have approved with requisite majority, the Scheme of Arrangement and Amalgamation referred above.

4.  The Court Convened Meeting of Preference Shareholders was held on Thursday, the 29^th January, 2004 at 3.30 p.m. at the Registered Office of the Company whereat the Preference Shareholders have approved with requisite majority the Scheme of Arrangement and Amalgamation referred above.

This is for information of your members and all the concerned.

Thanking you,