Saturday, December 13, 2008

PI Industries Withdrawal Of Record Date For Bonus Issue - Dec 13, 2008

With reference to earlier annoucement dated December 08, 2008 regarding Record Date fixed on December 29, 2008 for forthcoming Bonus Issue, PI Industries Ltd has now informed that, due to non compliance of SEBI (DIP) Guidelines, wherein the bonus shares have to be issued within 6 months from the date of board approval, the Company is approaching Securities & Exchange Board of India (SEBI) for condonation of delay occurred in connection with issue of Bonus Shares and hereby withdraw the Record Date fixed on December 29, 2008.The Company will inform the fresh Record Date upon hearing from SEBI on this issue.

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