In terms of Sebi (Delisting) Guidelines 2003,it is to inform to all concerned that Company's Shares have been delisted from the following Stock Exchanges

Name of Stock Exchange	Effective Date
The Uttar Pradesh Stock Exchange Association Limited	24.02.2005
The Delhi Stock Exchange Association Ltd	01.03.2005
Jaipur Stock Exchange Limited	19.02.2005
The Stock Exchange Ahmedabad	28.02.2005

However Company's shares would remain listed and traded at Mumbai Stock Exchange