24^th February 2009

N O T I C E

Re: Scheme of Amalgamation of Punjab Tractors Ltd.

Members of the Exchange are hereby informed that the following Company has announced 04-03-2009 as Record Date for the purpose as mentioned below, and accordingly, the under noted scrip will not be available for trading as stated hereunder: -

Name of the Scrip	Scrip Code	Reason of Suspension	No-Dealings
PUNJAB TRACTORS LTD.	37187 & 10037187	Scheme of Amalgamation:- Amalgamation of Punjab Tractors Ltd. with Mahindra & Mahindra Ltd. Mahindra & Mahindra Ltd. will issue and allot to the shareholders of Punjab Tractors Ltd. in the ratio of 1 (ONE) fully paid up equity share of Rs. 10/- each of Mahindra & Mahindra Ltd. for every 3 (THREE) equity shares of Rs.10/- each fully paid up held in Punjab Tractors Ltd.	25-02-2009

Members of the Exchange are hereby advised not to deal in equity shares of the aforesaid Company with effective from 25-02-2009.

Company Secretary & Financial Controller