BSE is pleased to announce awards for best Corporates in three categories as follows:

The selection was done by a select Panel of eminent persons. Mr. P. S. Subramanyam, Chairman UTI, chaired the Panel.

The other members of the Panel were :

• Shri Pratip Kar . Executive Director, SEBI.
• Prof. N. Balasubramaniam . IIM Bangalore.
• Dr. P. R. Joshi . Director, UTI Institute of Capital Markets.
• Dr. D. C. Anjaria . Academician
• Shri Jawahar Mulraj . Analyst & Columnist.
• Shri Anand Rathi . President, BSE.

The collection, analysis and presentation of data and background material was prepared by CRISIL Research and Information Services (CRIS). CRIS was represented by Mr. Hemant Joshi, Executive Director and Ms. Anjali Forbes, Director.

The awards would be presented to the companies in a glittering ceremony at the end of March 2000.

(Dr. MANOJ VAISH)
Director . Corporate Development

March 9, 2000