MIME-Version: 1.0
Content-Type: multipart/related; boundary="----=_NextPart_01C7461A.CE5C06A0"

This document is a Single File Web Page, also known as a Web Archive file.  If you are seeing this message, your browser or editor doesn't support Web Archive files.  Please download a browser that supports Web Archive, such as Microsoft Internet Explorer.

------=_NextPart_01C7461A.CE5C06A0
Content-Location: file:///C:/D71C50F3/J06RES.htm
Content-Transfer-Encoding: quoted-printable
Content-Type: text/html; charset="us-ascii"

<html xmlns:v=3D"urn:schemas-microsoft-com:vml"
xmlns:o=3D"urn:schemas-microsoft-com:office:office"
xmlns:w=3D"urn:schemas-microsoft-com:office:word"
xmlns:st1=3D"urn:schemas-microsoft-com:office:smarttags"
xmlns=3D"http://www.w3.org/TR/REC-html40">

<head>
<meta http-equiv=3DContent-Type content=3D"text/html; charset=3Dus-ascii">
<meta name=3DProgId content=3DWord.Document>
<meta name=3DGenerator content=3D"Microsoft Word 11">
<meta name=3DOriginator content=3D"Microsoft Word 11">
<link rel=3DFile-List href=3D"J06RES_files/filelist.xml">
<link rel=3DEdit-Time-Data href=3D"J06RES_files/editdata.mso">
<!--[if !mso]>
<style>
v\:* {behavior:url(#default#VML);}
o\:* {behavior:url(#default#VML);}
w\:* {behavior:url(#default#VML);}
.shape {behavior:url(#default#VML);}
</style>
<![endif]-->
<title> </title>
<o:SmartTagType namespaceuri=3D"urn:schemas-microsoft-com:office:smarttags"
 name=3D"Street"/>
<o:SmartTagType namespaceuri=3D"urn:schemas-microsoft-com:office:smarttags"
 name=3D"address"/>
<!--[if gte mso 9]><xml>
 <o:DocumentProperties>
  <o:LastAuthor>Administrator</o:LastAuthor>
  <o:Revision>7</o:Revision>
  <o:TotalTime>9</o:TotalTime>
  <o:LastPrinted>2007-02-01T10:08:00Z</o:LastPrinted>
  <o:Created>2007-02-01T10:32:00Z</o:Created>
  <o:LastSaved>2007-02-01T10:35:00Z</o:LastSaved>
  <o:Pages>1</o:Pages>
  <o:Words>562</o:Words>
  <o:Characters>3208</o:Characters>
  <o:Company>BLISS Group</o:Company>
  <o:Lines>26</o:Lines>
  <o:Paragraphs>7</o:Paragraphs>
  <o:CharactersWithSpaces>3763</o:CharactersWithSpaces>
  <o:Version>11.5606</o:Version>
 </o:DocumentProperties>
</xml><![endif]--><!--[if gte mso 9]><xml>
 <w:WordDocument>
  <w:Zoom>75</w:Zoom>
  <w:SpellingState>Clean</w:SpellingState>
  <w:GrammarState>Clean</w:GrammarState>
  <w:DrawingGridHorizontalSpacing>0 pt</w:DrawingGridHorizontalSpacing>
  <w:DrawingGridVerticalSpacing>0 pt</w:DrawingGridVerticalSpacing>
  <w:DisplayHorizontalDrawingGridEvery>0</w:DisplayHorizontalDrawingGridEve=
ry>
  <w:DisplayVerticalDrawingGridEvery>0</w:DisplayVerticalDrawingGridEvery>
  <w:UseMarginsForDrawingGridOrigin/>
  <w:ValidateAgainstSchemas/>
  <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid>
  <w:IgnoreMixedContent>false</w:IgnoreMixedContent>
  <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText>
  <w:DrawingGridHorizontalOrigin>0 pt</w:DrawingGridHorizontalOrigin>
  <w:DrawingGridVerticalOrigin>0 pt</w:DrawingGridVerticalOrigin>
  <w:Compatibility>
   <w:SpaceForUL/>
   <w:BalanceSingleByteDoubleByteWidth/>
   <w:DoNotLeaveBackslashAlone/>
   <w:ULTrailSpace/>
   <w:DoNotExpandShiftReturn/>
   <w:AdjustLineHeightInTable/>
   <w:SelectEntireFieldWithStartOrEnd/>
   <w:UseWord2002TableStyleRules/>
  </w:Compatibility>
  <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel>
 </w:WordDocument>
</xml><![endif]--><!--[if gte mso 9]><xml>
 <w:LatentStyles DefLockedState=3D"false" LatentStyleCount=3D"156">
 </w:LatentStyles>
</xml><![endif]--><!--[if !mso]><object
 classid=3D"clsid:38481807-CA0E-42D2-BF39-B33AF135CC4D" id=3Dieooui></objec=
t>
<style>
st1\:*{behavior:url(#ieooui) }
</style>
<![endif]-->
<style>
<!--
 /* Font Definitions */
 @font-face
	{font-family:Tahoma;
	panose-1:2 11 6 4 3 5 4 4 2 4;
	mso-font-charset:0;
	mso-generic-font-family:swiss;
	mso-font-pitch:variable;
	mso-font-signature:1627421319 -2147483648 8 0 66047 0;}
@font-face
	{font-family:"Lucida Sans Unicode";
	panose-1:2 11 6 2 3 5 4 2 2 4;
	mso-font-charset:0;
	mso-generic-font-family:swiss;
	mso-font-pitch:variable;
	mso-font-signature:-2147476737 14699 0 0 63 0;}
 /* Style Definitions */
 p.MsoNormal, li.MsoNormal, div.MsoNormal
	{mso-style-parent:"";
	margin:0in;
	margin-bottom:.0001pt;
	mso-pagination:none;
	mso-hyphenate:none;
	font-size:12.0pt;
	mso-bidi-font-size:10.0pt;
	font-family:"Times New Roman";
	mso-fareast-font-family:"Lucida Sans Unicode";}
p.MsoCaption, li.MsoCaption, div.MsoCaption
	{margin-top:6.0pt;
	margin-right:0in;
	margin-bottom:6.0pt;
	margin-left:0in;
	mso-pagination:no-line-numbers;
	mso-hyphenate:none;
	font-size:10.0pt;
	font-family:"Times New Roman";
	mso-fareast-font-family:"Lucida Sans Unicode";
	mso-bidi-font-family:Tahoma;
	font-style:italic;}
p.MsoList, li.MsoList, div.MsoList
	{mso-style-parent:"Body Text";
	margin-top:0in;
	margin-right:0in;
	margin-bottom:6.0pt;
	margin-left:0in;
	mso-pagination:none;
	mso-hyphenate:none;
	font-size:12.0pt;
	mso-bidi-font-size:10.0pt;
	font-family:"Times New Roman";
	mso-fareast-font-family:"Lucida Sans Unicode";
	mso-bidi-font-family:Tahoma;}
p.MsoBodyText, li.MsoBodyText, div.MsoBodyText
	{margin-top:0in;
	margin-right:0in;
	margin-bottom:6.0pt;
	margin-left:0in;
	mso-pagination:none;
	mso-hyphenate:none;
	font-size:12.0pt;
	mso-bidi-font-size:10.0pt;
	font-family:"Times New Roman";
	mso-fareast-font-family:"Lucida Sans Unicode";}
p.MsoPlainText, li.MsoPlainText, div.MsoPlainText
	{margin:0in;
	margin-bottom:.0001pt;
	mso-pagination:none;
	mso-hyphenate:none;
	font-size:12.0pt;
	mso-bidi-font-size:10.0pt;
	font-family:"Courier New";
	mso-fareast-font-family:"Lucida Sans Unicode";
	mso-bidi-font-family:"Times New Roman";}
p.Index, li.Index, div.Index
	{mso-style-name:Index;
	margin:0in;
	margin-bottom:.0001pt;
	mso-pagination:no-line-numbers;
	mso-hyphenate:none;
	font-size:12.0pt;
	mso-bidi-font-size:10.0pt;
	font-family:"Times New Roman";
	mso-fareast-font-family:"Lucida Sans Unicode";
	mso-bidi-font-family:Tahoma;}
p.PreformattedText, li.PreformattedText, div.PreformattedText
	{mso-style-name:"Preformatted Text";
	margin:0in;
	margin-bottom:.0001pt;
	mso-pagination:none;
	mso-hyphenate:none;
	font-size:10.0pt;
	font-family:"Courier New";
	mso-fareast-font-family:"Courier New";}
span.SpellE
	{mso-style-name:"";
	mso-spl-e:yes;}
span.GramE
	{mso-style-name:"";
	mso-gram-e:yes;}
 /* Page Definitions */
 @page
	{mso-footnote-position:beneath-text;}
@page Section1
	{size:8.5in 11.0in;
	margin:.25in 56.7pt 45.0pt 56.7pt;
	mso-header-margin:.5in;
	mso-footer-margin:.5in;
	mso-paper-source:0;}
div.Section1
	{page:Section1;
	mso-footnote-position:beneath-text;}
-->
</style>
<!--[if gte mso 10]>
<style>
 /* Style Definitions */
 table.MsoNormalTable
	{mso-style-name:"Table Normal";
	mso-tstyle-rowband-size:0;
	mso-tstyle-colband-size:0;
	mso-style-noshow:yes;
	mso-style-parent:"";
	mso-padding-alt:0in 5.4pt 0in 5.4pt;
	mso-para-margin:0in;
	mso-para-margin-bottom:.0001pt;
	mso-pagination:widow-orphan;
	font-size:10.0pt;
	font-family:"Times New Roman";
	mso-ansi-language:#0400;
	mso-fareast-language:#0400;
	mso-bidi-language:#0400;}
</style>
<![endif]--><!--[if gte mso 9]><xml>
 <o:shapedefaults v:ext=3D"edit" spidmax=3D"4098">
  <o:colormenu v:ext=3D"edit" fillcolor=3D"none [4]" strokecolor=3D"none [1=
]"
   shadowcolor=3D"none [2]"/>
 </o:shapedefaults></xml><![endif]--><!--[if gte mso 9]><xml>
 <o:shapelayout v:ext=3D"edit">
  <o:idmap v:ext=3D"edit" data=3D"1"/>
 </o:shapelayout></xml><![endif]-->
</head>

<body bgcolor=3Dwhite lang=3DEN-US style=3D'tab-interval:35.45pt;line-break=
:strict'>

<div class=3DSection1>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span><o:p></o:p></span></p>

<p class=3DPreformattedText style=3D'margin-right:.05in'><!--[if gte vml 1]=
><v:shapetype
 id=3D"_x0000_t75" coordsize=3D"21600,21600" o:spt=3D"75" o:preferrelative=
=3D"t"
 path=3D"m@4@5l@4@11@9@11@9@5xe" filled=3D"f" stroked=3D"f">
 <v:stroke joinstyle=3D"miter"/>
 <v:formulas>
  <v:f eqn=3D"if lineDrawn pixelLineWidth 0"/>
  <v:f eqn=3D"sum @0 1 0"/>
  <v:f eqn=3D"sum 0 0 @1"/>
  <v:f eqn=3D"prod @2 1 2"/>
  <v:f eqn=3D"prod @3 21600 pixelWidth"/>
  <v:f eqn=3D"prod @3 21600 pixelHeight"/>
  <v:f eqn=3D"sum @0 0 1"/>
  <v:f eqn=3D"prod @6 1 2"/>
  <v:f eqn=3D"prod @7 21600 pixelWidth"/>
  <v:f eqn=3D"sum @8 21600 0"/>
  <v:f eqn=3D"prod @7 21600 pixelHeight"/>
  <v:f eqn=3D"sum @10 21600 0"/>
 </v:formulas>
 <v:path o:extrusionok=3D"f" gradientshapeok=3D"t" o:connecttype=3D"rect"/>
 <o:lock v:ext=3D"edit" aspectratio=3D"t"/>
</v:shapetype><v:shape id=3D"_x0000_s1026" type=3D"#_x0000_t75" style=3D'po=
sition:absolute;
 margin-left:.05pt;margin-top:.05pt;width:35.9pt;height:42.9pt;z-index:1;
 mso-wrap-distance-left:9.05pt;mso-wrap-distance-right:9.05pt' filled=3D"t">
 <v:fill color2=3D"black"/>
 <v:imagedata src=3D"J06RES_files/image001.png" o:title=3D""/>
</v:shape><![endif]--><![if !vml]><span style=3D'mso-ignore:vglayout;positi=
on:
absolute;z-index:1;margin-left:0px;margin-top:0px;width:48px;height:57px'><=
img
width=3D48 height=3D57 src=3D"J06RES_files/image002.jpg" v:shapes=3D"_x0000=
_s1026"></span><![endif]><span
style=3D'mso-spacerun:yes'>&nbsp; </span></p>

<p class=3DPreformattedText style=3D'margin-right:.05in'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></p>

<p class=3DPreformattedText style=3D'margin-right:.05in'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>JUMBO BAG LTD.<span style=3D'mso-fareast-font-family:"Times New Roma=
n";
mso-bidi-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span><o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;
</span>AN ISO 9001 &amp; 14001 COMPANY<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;
</span><span class=3DSpellE>Regd</span>. Office: 46, <st1:Street w:st=3D"on=
"><st1:address
 w:st=3D"on">Halls Road</st1:address></st1:Street>, <span class=3DSpellE>Ki=
lpauk</span>,
Chennai-600 010. <o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span class=3DGramE><s=
pan
style=3D'font-size:10.0pt;mso-fareast-font-family:"Times New Roman"'>UNAUDI=
TED<span
style=3D'mso-spacerun:yes'>&nbsp; </span>FINANCIAL</span></span><span
style=3D'font-size:10.0pt;mso-fareast-font-family:"Times New Roman"'>
RESULTS(PROVISIONAL)FOR THE QUARTER ENDED 31.12.2006 <o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>(<span class=3DSpellE>Rs.in</span> <span class=3DSpellE>lakhs</span>=
)<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>--------------------------------=
-----------------------------------------<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>Quarter ended<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbs=
p;
</span>9 months ended<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>Y=
ear
ended<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span class=3DSpellE><=
span
class=3DGramE><span style=3D'font-size:10.0pt;mso-fareast-font-family:"Time=
s New Roman"'>Sl</span></span></span><span
class=3DGramE><span style=3D'font-size:10.0pt;mso-fareast-font-family:"Time=
s New Roman"'>.</span></span><span
style=3D'font-size:10.0pt;mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;
</span>------------------------------------------------<o:p></o:p></span></=
p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>No.<span
style=3D'mso-spacerun:yes'>&nbsp; </span>Particulars<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;
</span>31.12.06 <span class=3DGramE>31.12.05<span style=3D'mso-spacerun:yes=
'>&nbsp;
</span>31.12.06</span><span style=3D'mso-spacerun:yes'>&nbsp;
</span>31.12.05<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>31.3.06=
<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>(<span class=3DSpellE>Unaudited</span>)<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </spa=
n>(<span
class=3DSpellE>Unaudited</span>)<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>(Audited)<o:p></=
o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>--------------------------------=
-----------------------------------------<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>1. Net Sales<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>1289.79<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>997.88<s=
pan
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span><span class=3DGramE>35=
01.35<span
style=3D'mso-spacerun:yes'>&nbsp; </span>2775.35</span><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>3729.44 <o:p></o:p></span></=
p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>2. Other Income<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;
</span>31.33<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>19.5=
9<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>91.82<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>41.67<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>62.71 <o:p></o:p=
></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>3. Total Expenditure<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span><o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span><span class=3DGramE>a</span>=
)(Increase)/Decrease<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><span
class=3DGramE>in</span> stock in trade<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>146.74<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>10.27<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>(29.20) (137.78)=
<span
style=3D'mso-spacerun:yes'>&nbsp; </span>(159.25)<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span><o:p></o:p></spa=
n></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span><span class=3DGramE>b)</span=
>Consumption
of<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>Raw-materials<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>683.01<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>557.64<sp=
an
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>2130.25<span
style=3D'mso-spacerun:yes'>&nbsp; </span>1633.29<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>2205.88 <o:p></o:p></span></=
p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>c) Staff Cost<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;
</span>74.43<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>61.7=
2<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>215.08<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>170.81<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>250.64<o:p></o:p></spa=
n></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>d) Other Expenditure<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>300.59<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>260.40<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>907.00<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>786.91<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>1014.81<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>4. Interest<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>39.07<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>48.1=
4<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>140.93<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>128.73<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>185.10<o:p></o:p></spa=
n></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>5. Depreciation<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;
</span>28.91<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>28.9=
0<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>100.27<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>85.96<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>117.48<o:p></o:p></spa=
n></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>6. Profit before tax<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>48.37<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>50.4=
0<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>128.84<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>149.10<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>177.49<o:p></o:p></spa=
n></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>7. Provision for taxation<o:p></=
o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>a) Current Taxes<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>32.90<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>12.9=
1<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>32.90<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>40.97<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>29.85<o:p></o:p>=
</span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>b) Fringe Benefit Tax<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;</span>1.00<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>2.24<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>3.25=
<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>9.25<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>6.68<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span><o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>8. Net Profit Before<o:p></o:p><=
/span></p>

<p class=3DMsoPlainText style=3D'margin-top:0in;margin-right:.05in;margin-b=
ottom:
0in;margin-left:.5in;margin-bottom:.0001pt'><span style=3D'font-size:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp; </span>Deferred Tax<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>14.47<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>35.2=
5<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>92.69<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>98.88<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>140.96 <o:p></o:p></sp=
an></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>Deferred Tax<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;
</span>(22.21)<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>3.=
87<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>13.89<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>9.25<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>45.06<o:p></o:p>=
</span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>9. Net Profit After<o:p></o:p></=
span></p>

<p class=3DMsoPlainText style=3D'margin-top:0in;margin-right:.05in;margin-b=
ottom:
0in;margin-left:.5in;margin-bottom:.0001pt'><span style=3D'font-size:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp; </span>Deferred Tax<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>36.68<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>31.3=
8<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>78.80<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>89.63<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>95.90<o:p></o:p>=
</span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>10<span class=3DGramE>.Paid</spa=
n> up
Equity Share<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>Capital<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>681.37<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>572.37<sp=
an
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>681.37<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>572.37<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span><span class=3DSpellE>5=
72.37</span><o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>(Face Value<span class=3DGramE>:=
Rs.10</span>
per share)<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>11<span class=3DGramE>.Reserves<=
/span>
excluding<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span><span class=3DGr=
amE>revaluation</span>
reserves<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>-<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbs=
p;
</span>-<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;
</span>-<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>-<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>386.64<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>12<span class=3DGramE>.Basic</sp=
an>
&amp; diluted EPS(<span class=3DSpellE>Rs</span>.)<span
style=3D'mso-spacerun:yes'>&nbsp; </span>0.54*<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>0.55*<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>1.16*<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>1.57*<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span>1.68<o:p></o:p><=
/span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>13<span class=3DGramE>.Aggregate=
</span>
of Non-<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>Promoters' Share Holding:<o:=
p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>Numb=
er of
Shares<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>-<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </s=
pan>-<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><span
class=3DGramE>4204070<span style=3D'mso-spacerun:yes'>&nbsp; </span>3454070=
</span><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span><span class=3DSpellE>3454070=
</span><o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>Percentage=
 of
Shareholding -<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>-<=
span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>61.70<span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span>60.3=
5<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp; </span><span class=3DSp=
ellE>60.35</span>
<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'>--------------------------------=
-----------------------------------------<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'>Notes<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span><o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'>*Not <span class=3DSpellE>Annual=
ised</span>.<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'>1. <span class=3DGramE>The<span
style=3D'mso-spacerun:yes'>&nbsp; </span>above</span><span
style=3D'mso-spacerun:yes'>&nbsp; </span>results<span
style=3D'mso-spacerun:yes'>&nbsp; </span>were<span
style=3D'mso-spacerun:yes'>&nbsp; </span>reviewed by the Audit<span
style=3D'mso-spacerun:yes'>&nbsp; </span>Committee<span
style=3D'mso-spacerun:yes'>&nbsp; </span>and <o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span><span class=3DGramE>taken<sp=
an
style=3D'mso-spacerun:yes'>&nbsp; </span>on</span><span
style=3D'mso-spacerun:yes'>&nbsp; </span>record<span
style=3D'mso-spacerun:yes'>&nbsp; </span>by the<span
style=3D'mso-spacerun:yes'>&nbsp; </span>Board of Directors of the company
at<span style=3D'mso-spacerun:yes'>&nbsp; </span>its <o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span><span class=3DGramE>meeting<=
/span>
held on 22nd January, 2007 subject to the limited review<span
style=3D'mso-spacerun:yes'>&nbsp; </span>by<span style=3D'mso-spacerun:yes'=
>&nbsp;
</span><o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span><span class=3DGramE>the</spa=
n>
statutory auditors of the company.<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'>2. The Company operates in a sin=
gle
primary business <span class=3DGramE>segment<span style=3D'mso-spacerun:yes=
'>&nbsp;
</span>namely</span> <o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span><span class=3DGramE>manufact=
ure</span>
of &quot;Packing Materials&quot;.<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'>3. Previous year's figures were
regrouped wherever necessary.<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'>4. Details of investor complaints
for the quarter ended December 31,<span style=3D'mso-spacerun:yes'>&nbsp;&n=
bsp;
</span><o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>2006: beginning-Nil; receive=
d-Nil;
disposed off-Nil and ending-Nil.<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'>5. The Board of Directors approv=
ed
increase of <span class=3DSpellE>Authorised</span> Share Capital <o:p></o:p=
></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span><span class=3DGramE>from</sp=
an>
Rs.15 <span class=3DSpellE>Crores</span> to Rs.20 <span class=3DSpellE>Cror=
es</span>
subject to approval of the <o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span><span class=3DGramE>Sharehol=
ders.</span><o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'>6. The Board of Directors approv=
ed
issue of <span class=3DSpellE>upto</span> 3 million Equity Share<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp; </span><o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span>Warrants under SEBI (DIP)
Guidelines subject to required approvals and<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span><span class=3DGramE>approval=
</span>
of Shareholders and Securities and Exchange Board of India<span
style=3D'mso-spacerun:yes'>&nbsp; </span><o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span><span class=3DGramE>(SEBI).<=
/span><o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>For and on behalf of the Board<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:8.0pt;
mso-fareast-font-family:"Times New Roman"'>Place: Chennai<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span><span style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;</span>G.SU=
DHAKAR<o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span class=3DGramE><s=
pan
style=3D'font-size:8.0pt;mso-fareast-font-family:"Times New Roman"'>Date :<=
/span></span><span
style=3D'font-size:8.0pt;mso-fareast-font-family:"Times New Roman"'>
22.1.2007.<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span>MANAGING DIRECTOR<span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </spa=
n><o:p></o:p></span></p>

<p class=3DMsoPlainText style=3D'margin-right:.05in'><span style=3D'font-si=
ze:10.0pt;
mso-fareast-font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p>

</div>

</body>

</html>

------=_NextPart_01C7461A.CE5C06A0
Content-Location: file:///C:/D71C50F3/J06RES_files/image001.png
Content-Transfer-Encoding: base64
Content-Type: image/png
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------=_NextPart_01C7461A.CE5C06A0
Content-Location: file:///C:/D71C50F3/J06RES_files/image002.jpg
Content-Transfer-Encoding: base64
Content-Type: image/jpeg
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------=_NextPart_01C7461A.CE5C06A0
Content-Location: file:///C:/D71C50F3/J06RES_files/filelist.xml
Content-Transfer-Encoding: quoted-printable
Content-Type: text/xml; charset="utf-8"

<xml xmlns:o=3D"urn:schemas-microsoft-com:office:office">
 <o:MainFile HRef=3D"../J06RES.htm"/>
 <o:File HRef=3D"image001.png"/>
 <o:File HRef=3D"image002.jpg"/>
 <o:File HRef=3D"filelist.xml"/>
</xml>
------=_NextPart_01C7461A.CE5C06A0--
