Ruchi Infrastructure Ltd. has informed the Exchange that at a meeting of BODs of the Company held on March 07, 2005, the Board considered the following: 1)Sub division of equity shares. 2)Increase in remuneration of Mr. Sarvesh Shahra. 3)Re-classification and increase in Authorised Share capital. 4)Issue of bonus shares in the ratio of 3:1 after sub-division of shares. 5)Record date for the purpose of sub-division and bonus entitlement. 6)Convened Extra Ordinary General Meeting for the above purposes on April 04, 2005. The Company has further informed that subject to approval of members of the Company, the Board has considered/recommended for: a)Sub-division of each equity share of Rs.10/- into 10 equity shares of Re.1/- each. b)Issue of bonus shares in the ratio of 3:1 after sub-division of equity shares, if approved by the members. In other words, a shareholder holding 1 equity share as on Record Date will get 3 fully paid equity shares as bonus shares, if approved by the Members in ensuing EGM. c)Re-classification and increase in authorized share capital to give effect to above-referred sub-division and issue of bonus shares.

Ruchi Infrastructure Ltd. has informed the Exchange that the auditors have conducted the limited review for the unaudited financial results for the half year ended September 30, 2004 and found the same to be in order subject to certain observations. The observations are: As informed by the Auditors, the provision for tax including deferred tax will be made at the end of the year.

Ruchi Infrastructure Ltd. has informed the Exchange that the payment date for dividend for the year 2003-04, would start on or before October 27, 2004. The Company has further informed that the Ordinary and Special business have been transacted at the AGM of the company held on September 27, 2004, as mentioned in the Agenda.

Ruchi Infrastructure Ltd. has informed the Exchange that the auditors have conducted the limited review for the unaudited financial results for the quarter ended June 30, 2004 and found the same to be in order subject to certain observations. The observations are: As informed to the Auditors, the provision for tax including deferred tax will be made at the end of the year.

Ruchi Infrastructure Ltd. has informed the Exchange that the AGM of the company will be held September 27, 2004.

Ruchi Infrastructure Ltd. has informed the Exchange that the BOD in their meeting held on August 27, 2004 have recommended dividend @ 10% (Re. 1.00 per equity share for the financial year ended March 31, 2004).

Ruchi Infrastructure Ltd. has informed the Exchange that the Register of Members and Share Transfer Register of the company will remain closed from September 20, 2004 to September 27, 2004 (both days inclusive) for the purpose of ascertainment and entitlement of dividend declared if any and AGM for the financial year ended March 31, 2004.