Zenith Birla Board to consider Sub-Division, Bonus Issue & Interim Dividend

Zenith Birla India Ltd has informed that a meeting of the Board of Directors of the Company will be held on January 28, 2008, inter alia, to conduct the following business:

1. To take on record the Un-audited Financial Results of the Company for the Quarter and Nine Months Period ended on December 31, 2007 alongwith the Limited Review Report of the Statutory Auditors.

2. To consider the Payment of Interim Dividend.

3. To approve the Sub-Division of Equity Shares from 1 fully paid Equity Shares of Rs 10/- each into 5 fully paid Equity Shares of Rs 2/- each.

4. To approve the Issue of Bonus Equity Shares.

5. To discuss the Feasibility of Merger of Tungabhadra Holdings Pvt Ltd with the Company based on the presentation to be made to the Board by the consultants.

6. To discuss the Feasibility of De-Merger of the Company's Tools Division based on the presentation to be made to the Board by the consultants.