BSE Notices 25-07-2008

       Nava Bharat Ventures     
Nava Bharat Ventures Ltd has informed BSE that the members at the 36th Annual General Meeting (AGM) of the Company held on July 25, 2008, inter alia, have approved and passed all the proposed resolutions. Sri. P Punnaiah, (Non Executive), retired at the AGM and he did not offer for re-election. The AGM, therefore, passed a resolution that the vacancy caused by the retirement of Sri. P Punnaiah be not filled up since he shall not be re-appointed.
Source: BSE    Date: 2008-07-25

    Veejay Lakshmi Engineering Works
Veejay Lakshmi Engineering Works Ltd has informed BSE that due to restrictions on the supply of power from Tamil Nadu Electricity Board and slow down in demand for Textile Machinery, the Company has reduced the number of shifts from three to two.
Source: BSE    Date: 2008-07-25

    Engineers India    
Engineers India Ltd has announced the following Unaudited results for the quarter ended June 30, 2008: The Company has posted a net profit of Rs 506.317 million for the quarter ended June 30, 2008 as compared to Rs 380.721 million for the quarter ended June 30, 2007. Total Income has increased from Rs 1822.593 million for the quarter ended June 30, 2007 to Rs 2867.875 million for the quarter ended June 30, 2008.
Source: BSE    Date: 2008-07-25

    Hindustan Unilever
Hindustan Unilever Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 25, 2008, inter alia, has approved the appointment of Mr. Gopal Vittal, Executive Director - HPC as member of the Board of Directors effective September 01, 2008. The Board of Directors has also taken on record and accepted the resignation of Mr. Sanjiv Kakkar, Executive Director, Sales & Customer Development w.e.f. September 01, 2008 consequent his elevation to as Chairman, Unilever Russia, Ukraine and Belarus (RUB).
Source: BSE    Date: 2008-07-25

    Hindustan Unilever
Hindustan Unilever Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 25, 2008, inter alia, has resolved to pay an interim dividend to the shareholders of the Company at the rate of Rs 3.50 (Rupees Three and Paise Fifty only) per share of Re 1/- each for the period of 15 months ending March 31, 2009.
Source: BSE    Date: 2008-07-25

    Hindustan Unilever    
Hindustan Unilever Ltd has announced the following Unaudited results for the quarter ended June 30, 2008: The Company has posted a net profit of Rs 5581.80 million for the quarter ended June 30, 2008 as compared to Rs 4930.80 million for the quarter ended June 30, 2007. Total Income has increased from Rs 35083.40 million for the quarter ended June 30, 2007 to Rs 42995.60 million for the quarter ended June 30, 2008.
Source: BSE    Date: 2008-07-25

    Phoenix Mills   
With reference to the news item appearing in a leading financial daily titled “Phoenix Mills to sell 30% in hotel unit for $ 250 mn”, Phoenix Mills Ltd has clarified to BSE that the Company has not yet taken any steps towards offloading its stake in Phoenix Hospitality or on any of the other matter mentioned therein. The statement is only an intent and the Company has not taken any concrete steps on this matter. At best this is a forward looking statement, one which may or may not be implemented. The Company shall intimate the Stock Exchange as and when it takes any steps towards implementing the plan published in the newspaper.
Source: BSE    Date: 2008-07-25

    CHL    
CHL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 25, 2008, inter alia, has recommended a Final Dividend @ Rs 2/- per equity shares of Rs 10/- each of the Company (20% dividend on fully paid up equity share capital of the Company) for the financial year 2007-2008. The aggregate dividend recommended by the Board in their meeting held on July 25, 2008 is 40% on the fully paid up equity share capital of the company (including 20% interim dividend) for the financial year 2007-2008.
Source: BSE    Date: 2008-07-25

    CHL    
CHL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 25, 2008, inter alia, has considered and approved the draft Letter of Offer of Right Issue of 54,81,829 equity Shares of Rs 10/- each of the Company at a premium of Rs 40/- per share (the issue price is Rs 50/- per share) in the ratio of one equity share of Rs 10/- each for every two equity shares held in the Company. The draft Letter of Offer of Right Issue is being filed with SEBI.
Source: BSE    Date: 2008-07-25

    Ambuja Cements   
Ambuja Cements Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 25, 2008, inter alia, has also approved payment of interim dividend of 60 % on equity shares of the Company i.e. Rs 1.2 per share of the Company. Further the Company has informed that August 11, 2008 has been fixed as the Record Date for the purpose payment of interim dividend.
Source: BSE    Date: 2008-07-25
           
    IndusInd Bank
Indusind Bank Ltd has announced the following Unaudited results for the quarter ended June 30, 2008: The Bank has posted a net profit of Rs 191.00 million for the quarter ended June 30, 2008 as compared to Rs 132.20 million for the quarter ended June 30, 2007. Total Income has increased from Rs 4956.00 million for the quarter ended June 30, 2007 to Rs 5832.30 million for the quarter ended June 30, 2008.
Source: BSE    Date: 2008-07-25

    Chowgule Steamships    
Chowgule Steamships Ltd has informed BSE that at the Annual General Meeting held on July 25, 2008, inter alia, have approved all the items of business unanimously.
Source: BSE    Date: 2008-07-25

    KCP    
KCP Ltd has informed BSE that the Scheme of Amalgamation of M/s. KCP Biotech Ltd with the Company (The KCP Ltd) was sanctioned by the High Court of Judicature at Madras on July 14, 2008 with effect from April 01, 2007.
Source: BSE    Date: 2008-07-25

    Chowgule Steamships   
Chowgule Steamships Ltd has informed BSE that the Members of the Company, by way of postal ballot, have approved the Special Resolutions for authorizing the Board of Directors to make loans, give guarantees, provide securities and make investments in excess of limits as specified in Section 372A of the Companies Act, 1956, as set out in the Postal Ballot Notice, with requisite majority.
Source: BSE    Date: 2008-07-25

3i Infotech    
3i Infotech Ltd has informed BSE regarding a Press Release dated July 25, 2008 titled “Revenue grows to Rs 471.62 crores and profit to Rs 58.10 crores for the first quarter of FY2008-09″.
Source: BSE    Date: 2008-07-25

    Taparia Tools  
Taparia Tools Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 09, 2008, inter alia, for considering and approving the Annual Accounts for the Financial Year ended March 31, 2008, for considering the proposal of final dividend for the financial year 2007-2008.
Source: BSE    Date: 2008-07-25

    Vinati Organics    
Vinati Organics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 25, 2008, inter alia, has observed that in the last four months the manufacturing cost of IBB has gone up by more than 25%, on account of increased price of Toluene, Propylene, Potassium Carbonate and energy. Hence, the Board has recommended to increase the spot price of IBB by Rs 25/- per kg w.e.f. August 01, 2008.
Source: BSE    Date: 2008-07-25

    Areva T&D    
Areva T&D India Ltd has informed BSE regarding a Press Release dated July 25, 2008 titled “Transmission and Distribution: AREVA awarded substation package contract for Terminal 3 at the New Delhi international Airport”
Source: BSE    Date: 2008-07-25

    Tata Power Company    
Tata Power Company Ltd has informed BSE regarding a Press Release dated July 25, 2008 titled “Tata Power’s Q1 FY 09 Revenues Up 34.05 % at Rs 2026.13 Crore; PBT up 17.10% at Rs 266.84 Crores”.
Source: BSE    Date: 2008-07-25

    Tata Power Company    
Tata Power Company Ltd has announced the following Audited results for the quarter ended June 30, 2008: The Company has posted a profit after tax of Rs 1905.50 million for the quarter ended June 30, 2008 as compared to Rs 1902.00 million for the quarter ended June 30, 2007. Total Income has increased from Rs 15799.40 million for the quarter ended June 30, 2007 to Rs 20744.40 million for the quarter ended June 30, 2008.
Source: BSE    Date: 2008-07-25

    GL Hotels    
GL Hotels Ltd has informed BSE that Mr. Arun L Todarwal has been appointed as member of the Audit Committee of the Company with effect from July 25, 2008.
Source: BSE    Date: 2008-07-25

    Vinati Organics    
Vinati Organics Ltd has informed BSE that the Board of Directors considered and recommended issuing 200000 (2.03%) Equity Shares for Employee Stock Options for approval of shareholders. The Company expects to complete the ATBS expansion by end September 2008.
Source: BSE    Date: 2008-07-25

    ATV Projects India    
ATV Projects India Ltd has informed BSE that by passing Board resolution in the Board Meeting held on July 23, 2008, the Board has appointed Mr. S K Gupta and K S Nalwaya as Director, who shall act as Independent Directors of the Company. Mr. K S Nalwaya will be member of the Audit Committee and Mr. S K Gupta will be member of Share Transfer and Grievances Committee.
Source: BSE    Date: 2008-07-25

    Union Bank of India    
Union Bank of India has informed BSE regarding a Press Release dated July 25, 2008 titled “Working Results - Quarter ended June 2008″.
Source: BSE    Date: 2008-07-25

    MM Forgings   
MM Forgings Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 25, 2008, inter alia, has recommended the Issue of Bonus share in the ratio of 1:1 (One Bonus Share for Every existing one Equity Share held). Further the Company has informed that, the Issue of Bonus Shares shall be considered by the Shareholders in the ensuing Annual General Meeting to be held on August 18, 2008.
Source: BSE    Date: 2008-07-25

    Sakuma Exports   
Sakuma Exports Ltd has informed BSE that one of the promoter of the Company namely M/s. Sakuma International Marketing Pvt Ltd has on July 22, 2008 purchased 65 CRPS of the Comapny, from the market at average price of Rs 67.92 per CRPS at B S E. Further the Company has infromed that total holding of promoters of CRPS is 32197 + 65 = 32262 CRPS and total paid up CRPS is 1000092 shares of Rs 100.00 each.
Source: BSE    Date: 2008-07-25

    Ambuja Cements   
Ambuja Cements Ltd has informed BSE regarding a Press Release dated July 25, 2008 titled “Press Release for the Quarter ended June 30, 2008″.
Source: BSE    Date: 2008-07-25

    ANG Auto    
ANG Auto Ltd has informed BSE about the following: The Company (”Target Company”) has issued a Corrigendum notice to Public Announcement (”PA”) to the Equity Shareholders / Beneficial Owners of the Target Company, which is in continuation of and should be read in conjunction with the Public Announcement (”PA”) dated July 07, 2008, in accordance with provisions of Regulation 8(1) read with Regulation 15(C) & in compliance with the Securities & Exchange Board of India (Buy Back of Securities) Regulations, 1998 as amended. 1. The proposed time table be read as under Board Meeting approving the Buy Back - November 12, 2007 Special Resolution passed by the Shareholders approving the Buyback through Postal Ballot : January 03, 2008 Date of Public Announcement - July 07, 2008 Date of opening of the Buyback - July 28, 2008 Acceptance of Shares - Within the relevant payout dates of the Stock Exchanges Extinguishment of Shares - Within 7 days of acceptance as above Last Date for the Buyback - January 02, 2009 or when company completes the buyback to the extent of Rs 1612.50 lacs or 750000 Equity Shares, whichever is earlier. All payment obligations related to the Buyback shall be completed by the last date for Buyback. 2. The Company shall not issue any shares or other specified securities including by way of bonus till the date of closure of the offer.
Source: BSE    Date: 2008-07-25

    Reliance Power    
Reliance Power Ltd has informed BSE regarding a Press Release dated July 25, 2008 titled “Accelerated Progress on Multiple Projects Under Construction”.
Source: BSE    Date: 2008-07-25

    Reliance Power   
Reliance Power Ltd has announced the following Unaudited results for the quarter ended June 30, 2008: The Company has posted a profit after tax of Rs 597.069 million for the quarter ended June 30, 2008. Total Income is Rs 776.797 million for the quarter ended June 30, 2008. The Consolidated results are as follows: The consolidated results for the Quarter ended June 30, 2008 The Group has posted a profit after tax & minority interest of Rs 612.226 million for the quarter ended June 30, 2008. Total Income is Rs 805.536 million for the quarter ended June 30, 2008.
Source: BSE    Date: 2008-07-25