CGVD.L Regulatory News (CGVD)

Dear Sirs, Scrip Code: 500093 LISTING AGREEMENT- CLAUSE 20 We refer to our letter dated 25th June, 2013. Further to this letter, the Boardof Directors, at their Meeting held on 28th June, 2013, have approved thefollowing : BUY- BACK OF SHARES Buy-back of fully paid Equity Shares of Rs 2/- each of the Company, from theopen market through the Stock Exchanges, at a price not exceeding Rs. 125/-(Rupees One Hundred and Twenty Five) per share, upto an amount of Rs 2657million, being 10% of the total Paid-Up Equity Capital plus Free Reserves asper the audited Balance Sheet of the Company for the year ended 31st March,2012. AMALGAMATION OF CG-ZIV POWER AUTOMATION SOLUTIONS LIMITED At its Board Meeting held on 18th April, 2013, the Board of Directors hadapproved amalgamation of CG-ZIV Power Automation Solutions Limited (a whollyowned subsidiary) (CG-ZIV) with Crompton Greaves Limited, in respect of which,intimation had been given to Stock Exchanges by our letter dated 18th April2013. Till date, no actions have been taken with respect to this Amalgamation andpursuant to Regulation 19(2) of the Buy-back Regulations, the Board has taken adecision to postpone the proposed Amalgamation of CG-ZIV with the Company. TheCompany/CG-ZIV will not be proceeding with filing the Scheme of Amalgamationwith the High Court, until closure of the buy-back.

We would appreciate if you could take the above information on record.