Date: 17-08-2006

• Bharati Shipyard Limited, one of the largest private sector shipyards in India has bagged a contract from Reliance Industries Ltd. for construction of 6 vessels including 1 diving support vessel. These vessels will be used by M/s. Reliance Industries Ltd. for Its Offshore terminal Jamnagar and the contract value of the same is approx. Rs.120 crores.
• With this order Company's current order book position is Rs.1,586 crores and the unexecuted order book position is Rs.1157 Crores which is 4.45 times the turnover for the F.Y. 2005-06.