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Atleast 21 days before the day appointed for the meetings to be held as aforesaid, an advertisement convening the said meetings indicating the day, the date, the place and time aforesaid and stating that copies of the said Modified Scheme of Arrangement, the statement required to be furnished pursuant to Section 393 of the Companies Act, 1956 and Form of Proxy can be obtained free of charge at the registered office of the Applicant Company or at the office of its Advocate, i.e. M/s. Singhi & Co., 7-8 Premchand House Annexe, Ashram Road, High Court Way, Ahmedabad ? 380 009, be inserted once in Indian Express, Ahmedabad Edition and Sandesh, Ahmedabad Edition. Publication of the advertisement in Gujarat Government Gazette is dispensed with.

In addition, atleast 21 clear days before the date of the meetings to be held at aforesaid, a notice convening the said meetings, indicating the day, the date, the place and time aforesaid, together with a copy of the said Modified Scheme of Arrangement, a copy of the said Modified Scheme of Arrangement, a copy of the Statement required to be furnished pursuant to Section 393 of the Companies Act, 1956 and the prescribed Form of Proxy, shall be sent by prepaid letter post under Certificate of Posting addressed to each of the equity shareholders, secured creditors and unsecured creditors of the Applicant Company at their respective registered or last known addresses. The Notice shall be sent to the equity shareholders of the Applicant Company with reference to the list of persons appearing on the record of the Applicant Company and its register as on 31.10.2008. The notice shall be sent to the secured creditors and unsecured creditors of the Applicant Company with reference to the list of persons appearing on the record of the Applicant Company as on 31.10.2008.

The quorum for the meeting of the equity shareholders shall be 5 persons present in person. The quorum for the meeting of the secured creditors shall be 2 persons present in person and that the quorum for the meeting of the unsecured creditors shall be 5 persons present in person.

The voting by proxy be permitted, provided that the proxy in the prescribed form duly signed by the person entitled to attend and vote at the meeting, is filed with the Applicant Company at its registered office at village Umraya, Taluka Padra, District Baroda ? 391 440, Gujarat, not later than 48 hours before the respective meetings.