BSE Notices 16 – Feb – 2010
Tuesday, February 16, 2010 16:26Bhagyodaya Marketing Company Ltd
Bhagyodaya Marketing Company Ltd has informed BSE that the Income Tax Authorities conducted a Survey on February 11, 2010 at the registered office of the Company under section 133A of the Income Tax Act (IT), 1961. The company will suitably file a response with the IT Authorities and same will be updated accordingly.
Source:BSEÂ Â Â Date :16th-Feb-2010
BAG Films and Media
B.A.G. Films and Media Ltd has informed BSE that the Securities Committee of the Board of Directors in its meeting held on February 15, 2010 has decided to open the issue of Global Depository Receipts (GDRs). The Securities Committee in its adjourned meeting has allotted 3,700,000 GDRs (representing 37,000,000 Equity Shares of Rs. 2/- each) at a price of US$ 4.71 per GDR and declared the GDR issue closed.
Source:BSEÂ Â Â Date :16th-Feb-2010
Fortis Healthcare
Fortis Healthcare Ltd has informed BSE that the Remuneration Committee of the Company has, on February 12, 2010, approved the allotment of 1,200 Equity Shares of Rs 10/- each, at a premium of Rs 61/- per share, to the eligible employees, upon exercise of vested stock options, under the “Employee Stock Option Plan 2007″ of the Company. Consequent to the said allotment the paid-up share capital of the Company has gone upto 317,323,609 equity shares of Rs.10/- each, aggregating Rs 3,173,236,090/-.
Source:BSEÂ Â Â Date :16th-Feb-2010
Store One Retail India
Store One Retail India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 15, 2010 has decided to obtain the approval of the Members through postal ballot, pursuant to Section 192A of the Companies Act, 1956 (the “Act”) read with the Companies (Passing of Resolution by Postal Ballot) Rules, 2001 for various matters as set out in the Postal Ballot Notice. The Board has appointed Mr. Gaurav Kohli of Gaurav Kohli & Associates, Practising Company Secretary, New Delhi, as scrutinizer for conducting the postal ballot process in a fair and transparent manner. The duly completed Postal Ballot Form should reach the Scrutinizer not later than 2 P.M. on March 18, 2010. The results of the Postal Ballot will be declared on March 19, 2010 by 5 P.M. A Copy of Notice of postal Ballot is attached.
Source:BSEÂ Â Â Date :16th-Feb-2010
UT
UT Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 15, 2010 have approved the Special Resolution for the Preferential Issue of 13,81,448 equity shares at a price of Rs 14.53 (including premium of Rs 4.53) per share to M/s. MBCV Holdings Ltd, Non Promoter.
Source:BSEÂ Â Â Date :16th-Feb-2010
UT
UT Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 15, 2010 inter alia, has appointed Mr. Vinay Shah, Principal (ED), Life Insurance Corporation of India, Zonal Training Centre as a Nominee Director of Life Insurance Corporation of India with effect from February 15, 2010 in place of Mrs. Sindhubala Choudhury who has tendered her resignation as a Director of the Company.
Source:BSEÂ Â Â Date :16th-Feb-2010
Infotrek Syscom
Infotrek Syscom Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 15, 2010, inter alia, has considered and approved the following: 1. Amalgamation of company’s subsidiary viz. Eco Recycling Ltd with the Company. The appointed date for the said Amalgamation shall be January 01, 2010. 2. Mr. B. K. Soni, Managing Director and Mr. Samrat Maheshwari – Compliance Officer, jointly and severally to appoint the various agencies for the purpose of said amalgamation and to execute necessary deeds, documents, agreements, memorandums and writings as may be necessary for the same.
Source:BSEÂ Â Â Date :16th-Feb-2010
Regal Entertainment and Consultants
Regal Entertainment & Consultants Ltd has informed BSE that in terms of Regulation of SEBI (Prohibition of Insider Trading) Regulation, Shri Satish Kusumbiwal (Promoter) has purchased 3649 equity shares of the Company through market on January 21, 2010 to January 29, 2010.
Source:BSEÂ Â Â Date :16th-Feb-2010
Regal Entertainment and Consultants
Regal Entertainment & Consultants Ltd has informed BSE that in terms of Regulation of SEBI (Prohibition of Insider Trading) Regulation, Shri Dinesh Gupta (Promoter) has purchased 3000 equity shares of the Company through market on January 29, 2010.
Source:BSEÂ Â Â Date :16th-Feb-2010
Videocon Industries
Videocon Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 15, 2010, inter alia, has recommended dividend of Rs. 2/- (Rupees Two only) per share for the financial year ended September 30, 2009 for the consideration and declaration by the members at the ensuing Annual General Meeting.
Source:BSEÂ Â Â Date :16th-Feb-2010
Videocon Industries
Videocon Industries Ltd has announced the Audited results for the year ended September 30, 2009: The Company has posted a net profit of Rs 4006.60 million for the year ended September 30, 2009 as compared to Rs 8543.00 million for the year ended September 30, 2008. Total Income has decreased from Rs 101339.50 million for the year ended September 30, 2008 to Rs 94152.80 million for the year ended September 30, 2009. The Consolidated results are as follows: The Audited Consolidated results for the year ended September 30, 2009 The Group has posted a net profit of Rs 4159.70 million for the year ended September 30, 2009 as compared to Rs 10989.30 million for the year ended September 30, 2008. Total Income has decreased from Rs 123323.30 million for the year ended September 30, 2008 to Rs 107766.50 million for the year ended September 30, 2009.
Source:BSEÂ Â Â Date :16th-Feb-2010
Gwalior Chemical Industries
KJMC Global Market (India) Ltd (“Manager to the Buyback”) on behalf of Gwalior Chemical Industries Ltd (“Target Company”) has issued this Public Announcement (“PA”) to the Shareholders / Beneficial Owners of equity shares of the Target Company, in accordance with the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998, as amended. Buy Back Offer: The Target Company has announced the Buyback (“Buyback”) of upto 40,50,000 fully paid up equity shares of Rs 10/- each of the Company, from the existing owners/ beneficial owners of the equity shares of the Company through “Tender Offer Methodology” in accordance with Section 77A, 77AA & 77B of the Companies Act, 1956 (“Act”) & the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998 (“Regulations”) at a price of Rs 120/- per share (“Buyback Price”) payable in cash for an aggregate amount not exceeding Rs 4860 lacs (Rupees Four Thousand Eight Hundred & Sixty Lacs only) (“Buyback Size”). The Buyback size represents 24.75% of the paid-up equity share capital & free reserve including share premium account of the Company as on March 31, 2009. The aggregate number of Shares to be bought back by the Company under the Buyback is 40,50,000, which is not more than 25% of the Company’s total paid up equity shares as on March 31, 2009, being the date of the last Audited Balance Sheet of the Company prior to the shareholder resolution dated December 29, 2009 approving the Buyback. Total maximum number of equity shares proposed to be bought back is 40,50,000 fully paid up equity shares of Rs 10/- each representing 16.41% of the total paid up equity share capital of the Company. In terms of the Regulations, under tender Offer methodology, the promoters have the option to participate in the Buyback. In this regard, promoters & persons in control of the Company have informed the Company vide their letter date October 30, 2009 & January 16, 2010 regarding their intention to participate in the Buyback Offer. The Promoters propose to tender the equity shares of the Target Company held by them in the Buyback Offer to such an extent that their shareholding post buy-back may to extent possible remains equal to their present shareholding i.e. 59.98%. The particulars of their participation has been detailed at clause no 14.5 of this PA. Proposed Time Table: The Proposed Time Table for the Buy Back is given below: Initial Board Meeting approving Buyback – October 30, 2009 Special Resolution passed by Shareholders by Postal ballot approving Buyback – December 29, 2009 Committee of the Board of Directors Meeting approving specifics of Buyback – February 09, 2010 Public Announcement of Buyback – February 10, 2010 Specified Date – March 05, 2010 Buyback Opens on – March 22, 2010 Last Date Withdrawal – April 05, 2010 Buyback Closes on – April 08, 2010 Last Date Verification – April 23, 2010 Last Date of Intimation Regarding Acceptance / Non Acceptance & Dispatch of Consideration/ Share Certificates/ Demat Instruction – April 23, 2010 Last Date of Extinguishment of Shares – April 30, 2010
Source:BSEÂ Â Â Date :16th-Feb-2010
Ranklin Solutions
Ranklin Solutions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 15, 2010, inter alia, has decided to propose the following matters subject to Approval of Share holders Ministry of Corporate Affairs under the Companies Act, 1956 and other requisite authorities as may be necessary. 1. To raise funds by issue of GDRs/ADRs upto Rs. 100 Crores with a Green Shoe Option of 10%. 2. To alter the object clause of the Memorandum of Association to take-up the business of power generation and power project consulting subject to the approval of shareholders. 3. To increase the authorized capital to Rs. 14 Crores subject to the approval of shareholders.
Source:BSEÂ Â Â Date :16th-Feb-2010
Amrutanjan Health Care
Amrutanjan Health Care Ltd has informed BSE that the members of the Company will consider to approve the special resolution through Postal Ballot.
Source:BSEÂ Â Â Date :16th-Feb-2010