Videocon Appliances - Updates

Videocon Appliances Ltd has informed BSE that the scheme of amalgamation of M/s. Ranjangaon Industries Pvt Ltd (the Transferor Company) with Videocon Appliances Ltd (the Transferee Company) has become effective on October 31, 2007 and that the Company has fixed November 30, 2007 as Record Date for determining the Equity Shareholders of the erstwhile Ranjangaon Industries Pvt Ltd who are entitled for allotment of Equity Shares of Videocon Appliances Ltd, pursuant to the Scheme of Amalgamation as sanctioned by the Hon'ble High Court of Judicature at Bombay.

In this connection, the Company has further informed that the said record date is for determining shareholders of Ranjangaon Industries Pvt Ltd and not that of Videocon Appliances Ltd.