General Shareholder Information ::

1. Listing :

The Company has 211,59,840 outstanding equity shares listed on the following stock exchange including 7000 shares standing forfeited but not reissued as yet.

In view of poor trading volumes and continued listing at BSE & NSE which offer nation wide reach to the Company and all its shareholders, the Company proceeded for delisting from the The Stock Exchange, Ahmedabad (ASE), The Delhi Stock Exchange Association Ltd., New Delhi (DSE) & The Madras Stock Exchange Ltd., Chennai, (MSE). In January 2005, t he Company received approval from all the said stock exchanges confirming the delisting of the Company's equity shares.

The Company has paid the annual listing fees for the year 2005-06 to both of the above stock exchanges.

The equity shares of the Company are traded compulsorily in the dematerialised segment of all the stock exchanges and are under rolling settlement.

2. Equity Shareholdings :

The Company had about 4,264 shareholders holding 3,47,256 equity shares in physical form and about 10,203 shareholders holding 2,08,12,584 equity shares in dematerialized form as on 31 st March, 2005.

By Category :

By size :

The promoter group holding as at 31 st March, 2005 was 1,56,72,682 equity shares constituting 74.07% of the outstanding equity shares.

The 7000 shares standing forfeited and not reissued as yet are included in the total share capital in the category of "Indian Public".

3. Market Price Data :

The closing market price of equity share on 31 st March, 2005 (last trading day of the year) was Rs. 440.35 on BSE & Rs. 442.65 on NSE.

The monthly movement of equity share prices during the year at BSE & NSE is summarized as herein below:

4. Other Information :

a. Dematerialisation of Shares :

The Equity shares of the Company are traded compulsorily in the dematerialized segment of all the stock exchanges and are under rolling settlement. Approximately 98.35% of the shares have been dematerialised. The demat security (ISIN) code for the equity share is INE685A01010.

b. Share Transfer System :

To expedite the transfer of shares held in physical mode the powers to authorise transfers have been delegated to specified officials of the Company. The transfers which are complete in all respects are taken up for approval at least once in a fortnight and the transferred securities dispatched to the transferor within 21 days. The details of transfers / transmission approved by the delegates are noted by the Securities Transfer & Investors' Grievance Committee meeting at its next meeting.

The Company has signed necessary agreements with two depositories currently functional in India. viz. National Securities Depository Ltd. & Central Depository Services (India) Ltd. The transfer of shares in depository mode need not be approved by the Company.

c. Physical Transfers Pending (as on 31-Mar-2004):

The equity shares of the Company are compulsorily traded in electronic form on the stock exchanges & hence the handling of physical transfer of shares is minimal. The table below sets out details of pending transfers of equity shares as at 31 st March, 2005:

d. Complaints Pending (as on 31-Mar-2005):

During the year, 38 complaints were received from equity shareholders, all of which have been replied, and no complaints remains pending. These complaints cover subjects such as change of address, non receipt of dividend and non receipt of shares after transfer, etc.

5. Investor services :

The investor related queries may be addressed to:
investorservices@torrentpharma.com

Registrars & Transfer Agents

Shareholders holding shares in electronic mode should address their correspondence related to change in their records, viz. address, bank account details, etc., to the depository participant with whom they hold the account.