Rallis India - Outcome of AGM

Mumbai, July 2007

Rallis India Ltd has informed that the members at the 59th Annual General Meeting (AGM) of the Company held on May 25, 2007, inter alia, have accorded to the following:

1. Adoption of the Directors' Report for the year ended March 31, 2007 and the Balance Sheet as at     that date together with the Profit and Loss Account for the year ended on that date as audited and     certified by the Company's Auditors.

2. Declaration of dividend at the rate of 7.5% on the 7.5%, Cumulative Redeemable Preference     Shares of Rs 10/- each of the Company, for the year 2006-07 & declaration of dividend the rate of     80% on the fully paid Equity Shares of Rs 10/- each of the Company for the year ended March 31,     2007.

3. Re-appointment of Mr. R Gopalakrishnan & Mr. B D Banerjee, as Directors of the Company.

4. Appointment of Messers. Deloitte Haskins & Sells, Chartered Accountants as Auditors of the     Company to hold office from the conclusion of this Annual General Meeting until the conclusion of     the next Annual General Meeting of the Company, in place of the retiring auditors Messrs. S B     Billimoria & Co., Chartered Accountants, to examine and audit the accounts of the Company for the     financial year 2007-08, on remuneration, terms & conditions.

5. Appointment of Dr. S Ramanathan, Mr. Prakash Rastogi, Mr. Bharat Vasani & Mr. V Shankar as     Directors of the Company.

6. Appointment of Mr. V Shankar as the Executive Director of the Company for a period of five years     with effect from March 13, 2007, on remuneration, terms & conditions.

7. The Registers of Members, Index of Members, Register and Index of Debenture holders, Returns of     Allotment made from time to time and copies of all the Annual Returns prepared under Section 159     of the Act, along with other certificates and documents required to be annexed thereto under     Section 161 of the Act and other applicable provisions, at the offices of TSR Darashaw Ltd,     Registrars and Share Transfer Agents of the Company at 6-10, 1st Floor, Haji Moosa Patrawala     Industrial Estate, 20, Dr. E Moses Road, Mahalaxmi, Mumbai and / or 27 Acres, Kothari Compound,     Near Tikujini Wadi, Chitalsar, Manpada, Thane (West) with effect from June 01, 2007.

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