The Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Tower
Dalal Street
Mumbai 400 023.

SRF/SEC-A/16                                                                                       13.02.2006

Dear Sir,

This refers to a  News Item published in Business Standard, New Delhi on 7th February,  2006.

We enclose a copy of the letter  dated  9^th February, 2006 written by Mr. Arun Bharat Ram, Chairman & Managing Director of the Company denying the reports published in the Newspaper.

This is for your information and records.

Thanking you,

Yours faithfully,
for SRF Limited

Anoop K. Joshi
Company Secretary

Encl: As above