In accordance with Clause 35 of Listing Agreement,given hereinbelow is the     
Shareholding Pattern of the Company as on 31st December,2004 in the prescribed   
         
    Category  No of Shares  Percentage of  
       Held  Shareholding  
A Promoters holding        
  1 -Indian Promoters          3,065,007 63.05  
    -Foreign Promoters 0 0  
  2 Persons acting in concert 0 0  
    Sub-total        3,065,007     63.05  
B Non Promoters Holding        
  3 Institutional Investors      
  a Mutual Funds and UTI              13,285 0.27  
  b Banks,Financial Institutions,                3,300 0.07  
    Insurance Companies,(Central/      
    State Govt.,Institutions/      
    Non Govt.Institution)      
  c FIIs 0 0  
    Sub Total             16,585       0.34  
  4 Others      
  a Private Corporate Bodies            262,305 5.40  
  b Indian Public          1,516,261 31.19  
  c NRI/OCBs                  705 0.02  
  d Any other  0 0  
    Sub Total        1,779,271     36.61  
           
    Grand Total        4,860,863   100.00  
           
Details of person/entities holding more than  1%      
           
    Category  No of Shares  Percentage of  
       Held  Shareholding  
           
A Promoters holdings        
1   Promoters      
  1 Artemis Investments Pvt.Ltd            791,278 16.28  
  2 Bachhus Investments Pvt.Ltd.            615,793 12.67  
  3 Elphin Investments Ltd.            375,600 7.73  
  4 Melody Investments Pvt.Ltd.            614,068 12.63  
  5 Swift Investments Pvt.Ltd.            614,068 12.63  
           
B Non Promoters Holdings        
3   Institutional Investors      
  a. Mutual Funds and UTI 0    
           
  b. Banks,Financial Institutions,