Notification and Amendments

Takeover:

Open offer for acquisition of 3,34,172 equity shares of Rs. 10/- each from public shareholders of Tumus Electric Corporation Limited (“Target Company”) by Redribbon Modulex Buildings Limited (“Acquirer”) along with Modulex Modular Buildings Plc (“pac1”) and Modulex Modular Buildings Private Limited (pac2) in their capacity as the person acting in concert with the acquirer (“offer” or “open offer”).

Tumus Electric Corporation Limited

Right Issue:

Company is offering the shares with the object:

         Investment in IVL Finance Limited, a Wholly owned subsidiary

         Investment in Indiabulls Asset Reconstruction Company Limited, subsidiary company

         General corporate purposes

Indiabulls Ventures Limited

Public Issue:

Draft offer letter filed with SEBI by the following entities with SEBI:

 Seven Islands Shipping Limited : Purpose of offer is to:

         Acquisition of a VLCC vessel in the secondary market

         General corporate purposes

Post buyback announcement:

Premier Chennai Properties Limited

SKP Securities Limited

Just Dial Limited