BSE Notices 16 – Mar – 2010
Tuesday, March 16, 2010 16:48Shri Krishna Devcon
Shri Krishna Devcon Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 11, 2010 had, subject to the necessary approvals, approved the Increase in Authorised Share Capital and alteration in the Capital Clause of the Memorandum & Clause No. 5 of Articles of Association of the Company, Issuance of Equity warrants to the promoters and/or others on preferential basis and Re-appointment of Mr. Sunil Jain, Mr. Mukesh Jain & Mr. Naveen Jain as Managing Director and Whole-time Directors of the Company. Further the Company has informed that the Company has sought the consent of the shareholders for the aforesaid matters by way of Postal Ballot in accordance with Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001. The Company has appointed M/s Khandelwal a Khandelwal Associates, Chartered Accountants, as the Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The results of the Postal Ballot will be declared on April 13, 2010.
Source:BSEÂ Â Â Date :16th-Mar-2010
Autoline Industries
Autoline Industries Ltd has submitted to BSE a copy of the Press Release with regard to recognition of GENERAL MOTOR’S SUPPLIER OF THE YEAR AWARD – 2009 titled “ANNOUNCEMENT OF GENERAL MOTOR’S SUPPLIER OF THE YEAR AWARD – 2009″.
Source:BSEÂ Â Â Date :16th-Mar-2010
Simplex Trading & Agencies Ltd
Simplex Trading & Agencies Ltd has informed BSE about Outcome of Board Meeting held on March 15, 2010.
Source:BSEÂ Â Â Date :16th-Mar-2010
Passari Cellulose Ltd
Passari Cellulose Ltd has informed BSE about Outcome of the Board Meeting held on March 15, 2010.
Source:BSEÂ Â Â Date :16th-Mar-2010
Birla Cotsyn India
Birla Cotsyn (India) Ltd has informed BSE that at the meeting of the Committee of the Board of Directors of the Company, duly convened and held on March 15, 2010, the Company has allotted to ‘The Bank of New York Mellon’ in its capacity as Depositary, 968,900,000 fully paid equity shares of Re. 1.00 each of the Company to be represented by a global master GDR certificate representing 9,689,000 Global Depository Receipts.
Source:BSEÂ Â Â Date :16th-Mar-2010
Pioneer Distilleries Ltd
Pioneer Distilleries Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have passed the following resolutions, with requisite and overwhelming majority : 1. Special Resolution pursuant to the provisions of Section 269, 302, 309 read with Part I of Schedule XIII of Companies Act 1956, for the reappointment of Sri. K Sudhir Rao as Vice-Chairman of Company for a period of 5 years. 2. Special Resolution pursuant to the provisions of Section 198, 269, 302, 309, 311 read with Schedule XIII of Companies Act 1956, for the payment of remuneration to Sri. K Sudhir Rao, Vice-Chairman of Company. 3. Special Resolution pursuant to the provisions of Section 269,302,309 read with Part I of Schedule XIII of Companies Act 1956, for the reappointment of Sri. K Suhan Rao as Managing Director of Company for a period of 5 years. 4. Special Resolution pursuant to the provisions of Section 198, 269, 302, 309, 311 read with Schedule XIII of Companies Act 1956, for the payment of remuneration to Sri. K Suhan Rao, Managing Director of Company.
Source:BSEÂ Â Â Date :16th-Mar-2010
Volga Air Technics
Volga Air Technics Ltd has informed BSE that Mr. Dilipbhai C. Desai has tendered Resignation as a director, vide his letter dated February 25, 2010.
Source:BSEÂ Â Â Date :16th-Mar-2010
Sasken Communication Technologies
Sasken Communication Technologies Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have passed the Special Resolution, for making preferential issue of 300,000 convertible warrant to Mr. Rajiv C. Mody, with requisite majority. Further the Company has informed that, considering the minimum price of Rs. 175.54 arrived at as per the ICDR Regulations and the certificate issued by the Auditors in this regard and pursuant to the resolution of the Committee of Directors, the said warrants are being issued at a price of Rs. 176 each.
Source:BSEÂ Â Â Date :16th-Mar-2010
Mahindra and Mahindra
Mahindra & Mahindra Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have passed the following resolutions, with requisite majority: 1. Ordinary Resolution to sub-divide each of the Ordinary (Equity) Share of the face value of Rs. 10 each into 2 Ordinary (Equity) Shares of the face value of Rs. 5 each. 2. Ordinary Resolution to amend Clause 5 of the Memorandum of Association of the Company. 3. Special Resolution to amend Clause 3 of the Articles of Association of the Company.
Source:BSEÂ Â Â Date :16th-Mar-2010
My Fair Lady
My Fair Lady Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 20, 2010, inter alia, to approve the Change in control pursuant to the proviso of regulation 12 of SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 1997.
Source:BSEÂ Â Â Date :16th-Mar-2010
Himalaya International
Himalya International Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 25, 2010, to consider the allotment of 40,00,000 share against the warrants.
Source:BSEÂ Â Â Date :16th-Mar-2010
ITC
ITC Ltd has informed BSE that the Company on March 12, 2010 has issued and allotted 15,09,900 Ordinary Shares of Re. 1/- each, upon exercise of 1,50,990 Options by Optionees under the Company’s Employee Stock Option Schemes. Consequently, with effect from March 12, 2010, the Issued and Subscribed Share Capital of the Company stands increased to Rs. 381,04,58,780/- divided into 381,04,58,780 Ordinary Shares of Re. 1/- each.
Source:BSEÂ Â Â Date :16th-Mar-2010
Eicher Motors
Eicher Motors Ltd has informed BSE that the members at the 28th Annual General Meeting (AGM) of the Company held on March 15, 2010, inter alia, have approved the following business: 1. Adoption of Accounts together with the Auditor’s Report and Director’s Report for the year ended December 31, 2009. 2. Declaration of dividend on Equity Shares (Rs. 7/- per equity share i.e. 70%). 3. Reappointment of Mr. S. Sandiya as Director who retires by rotation and is eligible reappointment. 4. Reappointment of M/s. Deloitte Haskins & Sells, Chartered Accountants as Statutory Auditors and authorizing Managing Director of the Company for fixation of their remuneration. 5. Payment of Commission to the Non-Executive Directors of the Company, with effect from the financial year ending on December 31, 2009 for a period of five years. 6. To provide rent free accommodation to the Managing Director of the Company w.e.f. September 01, 2008 till the expiry of his tenure as the Managing Director of the Company.
Source:BSEÂ Â Â Date :16th-Mar-2010
PNB Gilts
PNB Gilts Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 15, 2010, has decided to discontinue merchant banking activities of the Company. The Company shall accordingly move an application to SEBI for surrender of its merchant banking registration.
Source:BSEÂ Â Â Date :16th-Mar-2010