Vapi Paper Mills Ltd. announced that at the Extraordinary General Meeting, which was held on April 16, 2013, the shareholders approved the appointment of Chirag N Shah & Associates as statutory auditors of the company, to fill the vacancy caused by the resignation of M/s Manubhai & Co., chartered accountants, Ahmedabad and to hold office from the conclusion of this Extra Ordinary General Meeting until the conclusion of next Annual General Meeting of the company.

Vapi Paper Mills, Special/Extraordinary Shareholders Meeting, Apr 16, 2013., at 15:00 Indian Standard Time. Location: Registered Office Of The Company Tat 213, Udyog Mandir NO. 1, 2nd Floor. Agenda: To consider the further issue of securities; and to consider the new appointment of auditors in place of retiring auditors;.

Vapi Paper Mills, Board Meeting, Mar 11, 2013., at 15:00 Indian Standard Time. Agenda: To approve appointment of new auditors in lieu of the resignation of Manubhai and Company with immediate effect; to discuss, finalize and initiate various steps to raise long term funds for the company; to resolve the extra ordinary general meeting of the company be convened on 16th day of April, 2013; to create, issue, offer and allot such number of equity shares; and to appoint lead managers, underwriters, guarantors, depositories, custodians, registrars, trustees bankers lawyers advisors and all such agencies as may be involved or concerned in such offerings of the securities and to remunerate them by way of commission brokerage, fees or the like.