19 June 2008

JBF Industries equity shareholders to approve Scheme of

Arrangement
JBF Industries Ltd has informed BSE that pursuant to Order made on the
June 13, 2008 the High Court of Judicature at Bombay has directed that a
meeting of the equity shareholders of the Company will be held on July
15, 2008, for the purpose of considering, and if thought fit, approving with
or without modification, the arrangement embodied in the Scheme of
Arrangement between the Company and Microsynth Fabrics (India) Ltd.

Textile business – tough one. Closed.

19 June 2008
Oscar Investments - Outcome of Board Meeting
Oscar Investments Ltd has informed BSE that the Board of Directors of the
Company at its meeting held on June 16, 2008, has approved the Scheme
of De-Merger of investment & trading business of the Company with ANR
Securities Pvt. Ltd.

Further M/s. ANR Securities Pvt Ltd is in process to change the status
from Private Ltd to Public Ltd Company.
Investing and trading – I see know logic for this demerger. Closed.

19 June 2008
Southern Online - Board Meeting on Jun 30, 2008
Southern Online Bio Technologies Ltd has informed BSE that a meeting of
the Board of Directors of the Company will be held on June 30, 2008, inter
alia, to consider the following:

1. Declaration of Audited Financial Results for the Financial Year ended

March 31, 2008.

2. Increase in Remuneration of Whole Time Directors.

3. Consideration of the proposal of Demerger.

4. Issue of Equity Shares on Preferential basis.

Interesting - QAD

19 June 2008
Cadila Healthcare - Updates
Cadila Healthcare Ltd has informed BSE that the Board of Directors of the
Company at its meeting held on June 17, 2008, had taken in-principle
decision to transfer Cadila's Consumer Products Division ("CPD") into
Carnation Nutra Analogue Foods Ltd ("Carnation"), 61.56% subsidiary of
the Cadila.

While the Board of Cadila has in-principle agreed to the above

restructuring, it had requested the promoters of Cadila to consider
restructuring of their shareholding in Cadila and take appropriate steps so
as to ensure that Carnation continues to remain listed subsidiary of Cadila.

Considering the request of the Board, the overall interest of Cadila and its
shareholders at large and to facilitate Cadila retain its control over
Carnation and ensure that Carnation remains a subsidiary of Cadila after
restructuring of the consumer health business as aforesaid, the Promoters
of Cadila have agreed
 - to be part of the scheme for transfer of Cadila's CPD Into Carnation
which may be finalized and approved by the Board of Cadila

and

- to facilitate the above, transfer 90,000,000 shares out of the existing

holding of 90,442,850 equity shares of the promoters in Cadila to Zydus
Hospitals and Medical Research Pvt Ltd, which is also owned by Zydus
Family Trust, subject to the applicable regulations and compliances of the
SEBI (SAST) Regulations, 1997 and any other relevant provisions of the
law.

Interesting - QAD

19 June 2008
Adf Foods - Updates
Adf Foods Ltd has informed BSE that about the following in respect of the Company's factory located at
Sinnar, Maharashtra:

"There has been labour unrest in the Company's factory at Sinnar since June 08, 2008 due to which some
workers were suspended on June 09, 2008. The production was temporarily suspended and the
management was negotiating with the workers' representative to reach an amicable solution.

Since no amicable / mutually acceptable solution could be reached, the management has lodged a
complaint today (i.e. on June 19, 2008) with the Hon'ble Industrial Court at Nashik under the provisions of
Maharashtra Recognition of Trade Union and Prevention of Unfair Labour Practices Act, 1971."

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