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SECURITIES AND EXCHANGE BOARD OF INDIA
SECONDARY MARKET DEPARTMENT
Mittal Court, A Wing, Gr. Floor,
224, Nariman Point, Mumbai 400 021

 SMD/POLICY/CIR-13/98

April 16, 1998

To,

The Presidents/Executive Directors/Managing Directors of
all the Stock Exchanges

Dear Sir,

In continuation of our Circular No.SMD/POLICY/CIR-12/98 dated April 7, 1998 regarding amendments to Listing Agreement, we have to clarify that the events by way of illustrations mentioned at item (d) relating to price sensitive information etc. are required to be made public immediately as stated on Page 2 of the circular. Further, publication of financial results on a quarterly basis etc. as mentioned at items (a), (b) and (c) in the circular would be effective from the quarter ending June, 1998 as stated on Page 4 of the circular.

Yours faithfully,
O.P. GAHROTRA
SR. EXECUTIVE DIRECTOR

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