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Bartronics India Ltd - Part Release of Pledge of Equity Shares

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With reference to earlier letter dated December 13, 2010 JM Financial Products Ltd had informed BSE that the pledge of 20,10,000 equity shares being 5.90% of the share capital of Bartronics India Ltd in their favour as requried under Regulation 7(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997.  In this regard JM Financial Products Ltd has informed that out of the pledge of above shares 1,85,000 shares have been released on January 21, 2011 and the balance 18,25,000 shares  (constituting 5.36% of the paid-up share capital of 3,40,48,861) continues to remain pledged with them.


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