25th July 2008

United Phosphorus Board approves Bonus Issue
United Phosphorus Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 24, 2008, inter alia, subject to the approval of the shareholders at the forthcoming Annual General Meeting of the Company, approved a bonus issue of equity shares in the ratio of ONE equity share of the Company of Rs 2/- each for every ONE equity share of the Company held by the shareholders of the Company as on a Record Date to be fixed later for this purpose.

Sobha Developers Board approves Rights issue

Sobha Developers Ltd has informed that the Board of Directors of the Company at its meeting held on July 24, 2008, inter alia, due to augment the long term resources of the Company, the Board has unanimously decided to issue shares on Rights basis, to the existing shareholders up to Rs 3,500 Million only (Rupees Three Thousand Five Hundred Million only) in accordance with the present provisions of law, Rules & Regulations.

TV Today Network Board to consider Buy-back

TV Today Network Ltd has informed that a meeting of the Board of Directors of the Company will be held on July 31, 2008, to consider Buy-back of Company's Shares.

Diamond Cables - Receipt of Order:
Diamond Cables Ltd has informed about the receipt of an order to supply Transformers, Cables, Conductors and other Electrical Products aggregating USD 37 mn from one of the leading power utilities in Africa.

The Order which is to be supplied over a period of 2 year includes supply of 2450 Transformers and various other products.

On the receipt of this order, Mr. M Srinvasan, Head of Marketing at Diamond Power said that "the order is one of the largest Electrical Equipment orders placed by a Utility in Africa on Indian Suppliers against global competitive and is a Major Breakthrough for the entire Industry and would open doors for larger business from the area".