Sterlite Industries - Outcome of Board Meeting - Revised

Sterlite Industries India Ltd has revised the earlier announcement dated November 16, 2006 as follows:

(A) With reference to the earlier announcement in point no. 1 (b) should be read as follows:

Further increase in the authorized capital of the Company from Rs 150 crores to Rs 185 crores by creating an additional 17.5 crore equity shares of Rs 2/- each.

(B) With reference to the earlier announcement in point no. 3 should be read as follows:

The Company has filed a registration statement on Form F-1 with the US Securities and Exchange Commission relating to a proposed offering of American Depositary Shares.

Source : Equity Bulls

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