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              Fortune Financial Services India Ltd (Manager to the Buyback Offer) on behalf of Natco Pharma Ltd (Target Company) has issued this Updates on Public Announcement to the Equity Shareholders / Beneficial Owners of the Shares of Target Company which is in continuation of and should be read in conjunction with the Public Announcement dated September 02, 2006.
The Company / Promoters are in the process of complying with the requisite statutory formalities and approvals. The original schedule of activity as disclosed in the Public Announcement is therefore kept in abeyance. The Company / Promoters expect to receive the approval shortly. The revise schedule will be announced as soon as possible thereafter.