2004

Outcome of AGM

September 11, 2004

The shareholders have approved final dividend for 2003 - 04 @ 50% on the post-bonus paid up capital of Rs.19,14,61,102.

Management informed the shareholders that the company is in the process of setting up a Wholly Owned Subsidiary in the US, for marketing the products manufactured by the Company.

AGM

August 09, 2004

The Annual General Meeting of the Company is scheduled to be held on 11/09/2004 at WelcomeHotel Rama International, R-3 Chikalthana, Aurangabad. The Share transfer books shall remain closed from 02.09.2004 to 11.09.2004 for the purpose of Annual General Meeting & dividend.

FDC's Ranking

April 10, 2004

FDC's market rank (as per ORG - IMS Retail Audit Report March 2004) has improved from 27 th to 25 th and its rank in prescriptions has leaped from 17th to 8th.

Outcome of EGM

April 02, 2004

The members of the Company have given their assent and approved the issue of Bonus Equity Shares in the ratio of 1 Equity Share for every 1 Equity Share held.

Bonus

February 24, 2004

The Board of Directors at its meeting held on 24.02.2004 have recommended the issue of bonus equity shares in the ratio of 1 Equity Share for every 1 Equity Share held.

Extraordinary General Meeting for the same shall be held on 02.04.2004.