The 10% Non-convertible cumulative redeemable preference shares were issued in
accordance with the order of the High Courts of Delhi and Bombay post merger of Floatglass
India Limited (FGI) with AIS in September, 2003. These preference shares were to be
redeemed at their nominal value after 12 months from the date of issue. Accordingly, the
preference shares were redeemed on 23.09.2004 at its nominal value (Rs. 10/- per share). The
amount of nominal value of preference shares and pro-rata dividend thereon has already been
dispatched to all preference shareholders without calling back the original preference share
certificates. Hence, the preference shares stand cancelled post redemption as above and
cannot be traded, transferred or dematerialized. However, if you have not received the
redemption amount, please write to our RTA stating your registered folio no.