Recommended for ISO / TS 16949 : 2002 certification by TUV – Friday, March 19, 2004
Investment & Precision Castings Ltd has informed BSE that the company has been recommended for ISO / TS 16949 : 2002 certification by TUV India Pvt. Ltd. The Audit has been successfully completed in the 1st week of March 2004. The certificate will be issued by RWTUV Germany after approval from IATF.

Board recommends Bonus Issue – Saturday, April 24, 2004
Investment & Precision Castings Ltd has informed BSE that the Board of Directors at its meeting held today (April 24, 2004) has recommended issue of Bonus Shares in the ratio of one fully paid up Bonus shares for every one Equity share held, and other incidental matters subject to approval of Members at the ensuing Annual General Meeting to be held on July 17, 2004. The Board of Directors have also recommended a dividend @120%. This dividend will be payable on the shareholding before the issue of bonus.

Members approve Bonus issue – Tuesday, July 20, 2004
Investment & Precision Castings Ltd has informed BSE that at the Annual general Meeting of the Company held on July 17, 2004 the members have approved the issue of Bonus Shares in the ratio of one fully paid up for every one Equity share held as recommended by the Board.

Fixes Record Date – Thursday, July 22, 2004
Investment & Precision Castings Ltd has fixed August 30, 2004 as the record date for the purpose of Bonus Issue.

Investment & Precision Castings Ltd has informed BSE that the Board of Directors at its meeting held today (October 23, 2004) has decided to acquire 50,000 equity shares of Rs 10 each of Tamboli Castings Ltd (TCL) for a total consideration not exceeding Rs 5,00,000 whereby the later Company will become a wholly owned subsidiary of the Company, upon the acquisition of the shares.

Resignation of Director – Wednesday, January 19, 2005
Investment & Precision Castings Ltd has informed BSE that Mr. Ashwin M Parekh, Director has retired due to age and health by virtue of resignation as Director from the Board of Directors of the Company effective from January 19, 2005.

Board recommends dividend – Monday, April 25, 2005
Investment & Precision Castings Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 24, 2005, inter alia, has recommended the dividend @ 75%.

Fixes Book Closure – Monday, April 25, 2005
Investment & Precision Castings Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 18, 2005 to July 23, 2005 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting, which is scheduled to be held on July 23, 2005.

Investment & Precision – Delisting of securities from ASE
Investment & Precision Castings Ltd has informed BSE that the securities of the Company have been delisted from the Ahmedabad Stock Exchange (ASE) w.e.f. December 09, 2005.

Investment & Precision Board to consider stock split and / or Bonus issue – Monday, April 10,2006
Investment & Precision Board to consider stock split and / or Bonus issue – Monday, April 10,2006 Investment & Precision Castings Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 25, 2006, inter alia, to consider the following
Approve the Audited Financial Results for the Financial Year 2005-2006 and Quarter (Q4) ended March 31, 2006 .
To recommend payment of dividend for the Financial Year 2005-2006.
Stock Split AND/OR Issue of Bonus Shares.
To decide the date of 30th Annual General Meeting of the Members and Record Date and Book Closure date for payment of dividend for Financial Year 2005-2006.

Investment & Precision Castings Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 25, 2006, inter alia, has transacted the following:
Appointment of Mr Bharat K Shah as an Additional Director on the Board of Directors of the Company effective from April 25, 2006.
Recommended payment of dividend @ 90% for the financial year 2005-2006. Recommended issue of bonus shares in the ratio of 1:3 i.e. three equity share of Rs 10/- each for every one equity share of Rs 10/- each held in the Company subject to approval of shareholder at the ensuing Annual General Meeting.

Investment & Precision – Updates on Bonus issue – Wednesday, May 03,2006
With reference to the earlier announcement regarding recommendation of Bonus issue by the Board of Directors of the Company, Investment & Precision Castings Ltd has informed BSE that the ratio of Bonus issue should be read as 3:1 i.e., three equity shares of Rs 10/- each for every one equity share of Rs 10/- each held on the Company, and not 1:3 as intimated earlier.

Investment & Precision fixes Book Closure – Wednesday, May 03, 2006
Investment & Precision Castings Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 14, 2006 to July 21, 2006 (both days inclusive) for the purpose of payment of dividend and 31st Annual general meeting of the Company to be held on July 21, 2006.

Investment & Precision Castings Ltd has informed BSE that the members at the 31st Annual General Meeting (AGM) of the Company held on July 21, 2006, have approved the issue of Bonus Shares in the ratio of three bonus equity shares of Rs 10/- each for every one equity share of Rs 10/- each held in the Company.

Investment & Precision Castings Ltd has informed BSE that August 25, 2006 has been fixed as the Record Date for the purpose of Bonus issue.

Investment & Precision Castings Ltd – E-Mail ID for Inventors Complaints
Investment & Precision Castings Ltd has informed BSE that the Company has created a new E-mail ID, exclusively for investors effective from April 18, 2007 viz. investor@ipcl.in which shall be used exclusively for the purpose of redressing the complaints of the Investors. The Company has further informed that the E-mail and Website address of the Company have been changed effective from April 18, 2007 as follows:   Existing E-mail Address: direct1@ipcl-cast.com New E-mail Address: direct1@ipcl.in   Existing Website address: www.ipcl-cast.com New Website Address: www.ipcl.in

Investment & Precision Castings Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 09, 2007, inter alia, has recommended payment of Dividend @ Rs 2.30 per equity share (23%) for the Financial Year 2006-2007. Further the Company has informed that, Mr. Bharat K Shah has resigned as a Director from the Board of Directors of the Company effective from May 09, 2007.

Investment & Precision Castings Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 21, 2007 to July 28, 2007 (both days inclusive) for the purpose of payment of dividend & 32nd Annual General Meeting of the Company to be held on July 28, 2007.

Investment & Precision – Board Meeting on Feb 25, 2008
Investment & Precision Castings Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 25, 2008, to consider strategies for restructuring investment in its Wholly Owned Subsidiary.

Investment & Precision – Board Meeting Postponed
Investment & Precision Castings Ltd has informed BSE that the meeting of the Board of Directors of the Company which is scheduled to be held on February 25, 2008, has been postponed.

Investment & Precision – Limited Review for the quarter ended Dec 31,2007 (13.03.2008) Investment & Precision Castings Ltd has informed BSE that in the limited review report of the Company for the quarter ended December 31, 2007, the Auditors of the Company have made the following observations:
“The provisions of Accounting Standard (AS-15) (revised) on Employees’ Benefits issued by the Institute of Chartered Accountants of India will be implemented by the Company by the end of the financial year.”

Investment & Precision Board recommends Dividend
Investment & Precision Castings Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 29, 2008, inter alia, has transacted the following:
1. The Board of Directors have recommended payment of Dividend @ Rs 2.00 per equity share (20%) for the Financial Year 2007-2008.
2. With the objective of unlocking shareholder value, it was decided to evaluate strategies for restructuring the investment by Investment & Precision Castings Ltd in its Wholly Owned Subsidiary, Tamboli Castings Ltd.
After considering various strategies, the Board of the Directors of the Company have decided to demerge the undertaking involving the investment business of the Company, including the investment either by way of debt or equity in Tamboli Castings Ltd to another company – Tamboli Capital Ltd, also a Wholly Owned Subsidiary of the Company.
The salient features of the Scheme of Arrangement under section 391 to 394 of the Companies Act are as under:
The Company investment business has various assets including investments by way of equity and debt in its 100% owned subsidiary Tamboli Castings Ltd. Tamboli Castings Ltd is a 100% Export Oriented Undertaking engaged in the manufacturing of Castings. These assets net of liabilities and debts if any will be demerged into Tamboli Capital Ltd. Under the proposed scheme under Section 391 to 394 of the Companies Act, Tamboli Capital Ltd will allot equity shares of Rs 10/- each to the shareholders of IPCL as on the Record Date (to be decided by the Board of Directors in consultation with The Bombay Stock Exchange Ltd) against the book value of assets acquired by virtue of the Demerged Undertaking from IPCL. The shareholders will not be required to make any payment against this allotment. It is proposed in the Scheme to list the shares of Tamboli Capital Ltd in the Bombay Stock Exchange Ltd, subject to the required approvals. As per the Scheme, for every 1 shares held in IPCL, as on the Record Date, 2 equity shares of Tamboli Capital Ltd will be allotted.
A scheme of arrangement under the Companies Act, 1956, between the Company and Tamboli Capital Ltd subject to the approval of stock exchange and other appropriate authorities will be filed in the High Court of judicature of Gujarat at Ahmedabad.

Investment & Precision Equity Shareholders & Unsecured Creditors to approve Scheme of Arrangement & Demerger
Investment & Precision Castings Ltd has informed BSE that the Hon’ble High Court of Judicature at Ahmedabad on June 26, 2008, has passed directions to convene a meeting of the equity shareholders and unsecured creditors of the Company on July 31, 2008. Accordingly, the Company will be holding a meeting on the said date to obtain the consent of the equity shareholders and unsecured creditors, with or without modification, of the Scheme of Arrangement and Demerger between the Company and Tamboli Capital Ltd.

Investment & Precision – Updates on Scheme of Arrangement & De-Merger
Investment & Precision Castings Ltd has informed BSE that the equity shareholders and unsecured creditors of the company have unanimously approved without modification, the Scheme of Arrangement and Demerger between the Company and Tamboli Capital Ltd at their meeting convened on July 31, 2008 according to the directions passed by the Hon’ble High Court of Judicature of Gujarat at Ahmedabad on June 26, 2008.

Investment & Precision – Unaudited Financial Results for Sep 30, 2008
Investment & Precision Castings Ltd has informed BSE about the unaudited financial results for the Quarter ended Sep 30, 2008.

Investment & Precision Castings Ltd has informed BSE about the unaudited financial results for the Quarter ended December 31, 2008.

Investment & Precision – Credit Rating
Investment & Precision Castings Ltd has informed BSE that CRISIL has assigned its ratings to BBB+/STABLE/P2 to the various bank facilities of the Company. The ratings reflect Company’s established presence in the investment casting business, healthy operational efficiency, and strong financial risk profile.

Investment & Precision – Board Meeting on Feb 24, 2009
Investment & Precision Castings Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 24, 2009, to update the Board of Directors of the Company on the matter arising out of the Scheme of Arrangement and Demerger filed at High Court at Ahmedabad.

Investment & Precision – Updates on Board Meeting on Feb 24, 2009
Investment & Precision Castings Ltd has informed BSE that “Hon’ble High Court of Gujarat at Ahmedabad has sanctioned, without modification, the Scheme of Arrangement and De-merger between Investment & Precision Castings Ltd and Tamboli Capital Ltd, against the Company Petition No. 225 of 2008 and Company Application No. 369 of 2008, vide court order No. 4141/09, received on February 16, 2009.
The Company, in its meeting of Board of Directors on February 24, 2009 will discuss the matter arising out of the Court Order and will also consider and decide the Record Date for the purpose of allotment of New Equity Shares by Tamboli Capital Ltd in the ratio of 2 shares of Tamboli Capital Ltd for every 1 share of Investment & Precision Castings Ltd.

Investment & Precision – Outcome of Board Meeting
Investment & Precision Castings Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 24, 2009, has determined March 20, 2009 as the Record Date for the entitlement of 2 New Equity Shares of Tamboli Capital Ltd for every 1 share of the Company held by member of the Company according to the Scheme of Arrangement and Demerger between the Company and Tamboli Capital Ltd as approved without any modification vide Order No. 4141/09 dated February 13, 2009 received from the Hon’ble High court of Judicature Ahmedabad.

Investment & Precision – Change in Chairman
Investment & Precision Castings Ltd has informed BSE about the following :
1. In the meeting of Board of Directors held on March 24, 2009, Shri. I F Tamboli has resigned as the Chairman of the Company. However, Shri. I F Tamboli will continue to be a Director on the Board of Directors of the Company.
2. In the said meeting the Board of Directors of the Company have unanimously appointed Dr. Abhinandan K Jain, Independent Director, as the Chairman of the Company.
3. The above changes are effective from March 24, 2009.

Investment & Precision – FY 09 results by Jun 30, 2009
Investment & Precision Castings Ltd has informed BSE that the Company shall publish its Audited Results for the Financial Year 2008-2009 within a period of three months from the end of the last quarter of the financial year 2008-2009, i.e. before June 30, 2009.
In view of the above, the Company will not publish Unaudited Financial Results for the last quarter, January-March 2009.

Investment & Precision Board to consider Dividend
Investment & Precision Castings Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 17, 2009, inter alia, to consider the followings:
1. To consider and approve the Audited Financial Results for the Financial Year 2008-2009 and Quarter (Q4) ended March 31, 2009.
2. To consider recommendation of payment of dividend for the financial year 2008-2009 ended on March 31, 2009.

Investment & Precision Board recommends Dividend
Investment & Precision Castings Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 17, 2009, inter alia, have recommended payment of dividend @ Rs 1.25 per equity share (12.50%) for the Financial Year 2008-2009.

Investment & Precision – Audited Financial Results for Mar 31, 2009
Investment & Precision Castings Ltd has informed BSE about the Audited financial results for the Quarter & Year ended March 31, 2009.

Investment & Precision fixes Book Closure for Dividend & AGM
Investment & Precision Castings Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 08, 2009 to August 17, 2009 (both days inclusive) for the purpose of payment of dividend & 34th Annual General Meeting (AGM) of the Company to be held on August 17, 2009.

Investment & Precision – Board Meeting
Investment & Precision Castings Ltd has informed BSE that pursuant to provision of clause 41 of the Listing Agreement, we wish to inform you that a meeting of Board of Direcots of the Company will be held on July 26, 2009 in Bhavnagar for taking on record Unaudited Financial Result for the April-June 2009 quarter and three months ended on 30.06.2009.

Investment & Precision – Outcome of Board Meeting
Investment & Precision Castings Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2009, has transacted the following:
1. Shri. Bipin F. Tamboli, Vice Chairman (Promoter, Whole Time Director) vide his letter dated October 16, 2009, has resigned from the Board of Directors of the Company with effect from October 16, 2009. The Board of Directors has noted and taken on record the resignation.
2. Shri. Vaibhav B. Tamboli Executive Director (Promoter, Whole Time Director) vide his letter dated October 23, 2009, has resigned from the Board of Directors of the Company with effect from October 23, 2009. The Board of Directors has noted and taken on record the resignation.
3. Shri. Mehul B. Tamboli Director (Promoter, Non-Whole Time Director) vide his letter dated October 23, 2009, has resigned from the Board of Directors of the Company with effect from October 23, 2009. The Board of Directors has noted and taken on record the resignation.
4. Shri. Akshay R. Shah has been appointed as an Additional Director on the Board of Directors of the Company effective from October 31, 2009.

Investment & Precision – Outcome of Board Meeting
Investment & Precision Castings Ltd has informed BSE about outcome of the meeting of the Board of Directors of the Company held on December 24, 2009.

Investment & Precision – Financial Results for Dec 31, 2009
Investment & Precision Castings Ltd has informed BSE about the financial results for the Quarter ended December 31, 2009.

Board to consider Dividend
Investment & Precision Castings Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 30, 2010, inter alia, to consider the followings: 1. To consider and approve the Audited Financial Results for the Financial Year 2009-2010 and Quarter (Q4) ended on March 31, 2010. 2. To consider recommendation of payment of dividend for the financial year 2009-2010 ended on March 31, 2010.

Investment & Prec – Board recommends Dividend
Investment & Precision Castings Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 30, 2010, inter alia, has recommended payment of Normal Dividend @ Rs. 1.75 per equity share (17.5%) and a Special Dividend @ Rs. 0.25 per equity share (0.25%) totalling to Rs. 2.00 per share (20%) for the Financial Year 2009-2010.

Investment & Prec – Financial Results for Mar 31, 2010
Investment & Precision Castings Ltd has informed BSE about the Financial Results for the Quarter & Year ended March 31, 2010.

Investment & Prec – Outcome of Board Meeting
Investment & Precision Castings Ltd has informed BSE regarding Outcome of Board Meeting held on April 30, 2010.

Investment & Prec – Fixes Book Closure for Dividend & AGM – May 04, 2010
Investment & Precision Castings Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 17, 2010 to July 26, 2010 (both days inclusive) for the purpose of Payment of Dividend & 35th Annual General Meeting (AGM) of the Company to be held on July 26, 2010.