Suryavanshi Spinning Mills Ltd

Suryavanshi Spinning Mills divests its entire shareholding in Fortune Eagle (HK) Trading Suryavanshi Spinning Mills has announced that the company holds one fully paid up equity share of one Hong Kong Dollar which is 100% equity in Fortune Eagle (HK) Trading, Hong Kong. The company on 15 March 2013, has sold the 100% share holding i.e. one fully paid up share of one Hong Kong Dollar of Fortune Eagle (HK) Trading and the sale proceeds of entire equity has been credited to the company`s account with State Bank of Hyderabad on 15 March 2013. Consequent upon this disinvestment from 15 March 2013, Fortune Eagle (HK) Trading, Hong Kong has ceased to be a subsidiary of the company.

Suryavanshi Spinning Mills appoints additional director With effect from 09 March 2013 The board of Suryavanshi Spinning Mills in its meeting on 09 March 2013 has appointed Surender Kumar Agarwal as additional director of the company with effect from 09 March 2013. Further, Surender Kumar Agarwal has been appointed as an independent director and presently he does not hold any shares of the company.

Suryavanshi Spinning Mills` director passed away On 12 January 2013 Suryavanshi Spinning Mills has announced that Badri Narayan Rathi, director of the company has passed away on 12 January 2013.

Suryavanshi Spinning Mills acquires 100% equity capital in Fortune Eagle (HK) Trading On 21 November 2011 Suryavanshi Spinning Mills has announced that the company with a view to increase its overseas export business, acquired on 21 November 2011, 100% equity capital of Fortune Eagle (HK) Trading, having office at Room 1904, 19/F, Rightful Centre, 11-12 Tak Hing Street, Jordan, Kowloon, Hong Kong, with face value of one Hong Kong Dollar (HK$).