Notes:
1. The Board of Directors recommended a Final Dividend @50% for the financial year 2006-07 (i.e. Rs.2.50 per equity share of Rs.5/- each). This would result in appropriation of Rs.157.24 millilons (including Corporate Dividend Tax of Rs.22.84 million) out of the profits of the Company.
 

2.The basic and diluted EPS of all the previous periods have been restated and adjusted for bonus issue as per Accounting Standard -20 issued by the Institute of Chartered Accoutants of India.

3.The Company acquired the SLI Sylvania business by acquiring 100% shares of three companies; i) SLI Lighting Products, Inc.; ii) SLI Europe BV; and iii) Lighthouse Investment Holdings Limited through its subsidiaries. The said transaction was completed in last week of April, 2007. - 0

4.The financial accounts of the subsidiaries namely; i) Havells Cyprus Ltd.; ii) Havells Holdings Ltd.; iii) Havells Malta Ltd.; iv) Havells Netherlands Holding B.V.; and v) Havells Netherlands B.V., are included in consolidation related to the period from the date of their incorporation to 31st March 2007 while figures for the previous year includes the financial statements of Havells (U.K) Limited upto the date of its cessation i.e 3.3.2006. Therefore the figures for the previous year may not be strictly comparable with those of the current year.

5.  The Company has set up an industrial unit at Noida for Electrical Capacitor, the commercial production of the unit has started in February, 2007.
6. Information on investors correspondences for the quarter : (in Nos.) : Opening Balance - 0, New - 44, Disposal - 44, Closing Balance - 0
 

7. Figures of the previous year/ period have been re-grouped / re-arranged wherever necessary.
 

8. The above results including the consolidated results of its subsidiary companies were reviewed by the Audit Committee and taken on record in the meeting of the Board of Directors held on May 15, 2007.