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Saral Mining Ltd. Company History and Annual Growth Details

1994 - The Company has been incorporated on 29th June, in the National
Capital Territory of Delhi for manufacturing of SMT Boards with
an installed capacity of 58,116,000 placement per annum at
Electronic City, Gurgaon, Haryana and obtained its certificate of
Commencement of Business on 23rd August, 1994.

1996 - The Company had come out with a Public Issue of 58,00,000 No. of
Equity Shares of Rs. 10/- each for cash at par aggregating Rs.
560 lace in the month of October.

1997 - The Company has been recommended for ISO 9002 certification by
KPMG Peat Marwick LLP - a Quality Registrar.

2000 - X O Tronic was set up as a joint venture between the Talwar
family and Astronic of US.

- The company has entered into an agreement with Risk Capital &
Technology Finance Corporation Ltd to buyback 5,00,000 equity
shares held by the latter.

- The company has appointed KPMG as its financial consultant to look for
a strategic alliance partner.

2003 - Delisting of shares from Delhi, Ahmedabad and Madras Stock Exchanges.