BSE Notices 26-06-2008

    BAG Films and Media    
BAG Films & Media Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 26, 2008, inter alia, has recommended a Final Dividend @ 10% per paid-up equity share of Rs 2/- each for the financial year ended March 31, 2008.
Source: BSE    Date: 2008-06-26

    Century Plyboards  
Century Plyboards India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 26, 2008, inter alia, has conducted the following businesses: 1. The Board recommended dividend @ 50% i.e. 50 paise per equity share (of Re 1/- denomination). 2. Resignation of Mr. Santanu Ray from the Directorship of the Company was considered and accepted by the Board. 3. Mr. S B Ganguly was appointed as an Additional independent Non-Executive Director of the Company. Mr. Ganguly was also elected as Non-Executive Chairman of the Company.
Source: BSE    Date: 2008-06-26

Balaji Telefilms    
With reference to the news item appearing in a leading web-portal titled “Star TV looking to exit Balaji Telefilms”, Balaji Telefilms Ltd has clarified to BSE that at this stage, no disclosures have been made to the Company regarding sale by Asian broadcasting FZ-LLC (part of the Star group) of its shareholding in the Company. Hence, the Company is unable to comment further. The Company will keep the updated as and when any disclosures are made to the Company.
Source: BSE    Date: 2008-06-26

  Magnum Ventures  
Magnum Ventures Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 26, 2008, inter alia, has taken the following decisions: 1. The Board discussed and approved for raising of funds by the Company by way of issue of shares or any other securities. 2. Mr. Subhash Oswal and Mr. Suresh Jain have been appointed as additional directors of the Company w.e.f. June 26, 2008. Both these directors are non-executive Independent directors of the Company. Further the Company has informed that, Mr. Romesh Kaul and Mr. M Naraynan have resigned from the Board of Director of the Company.
Source: BSE    Date: 2008-06-26

    Commitment Capital Services
Commitment Capital Services Ltd has informed BSE that the shareholding and management control in the Company has been changed. The erstwhile promoters Mr. M K Agarwal and his associates have diverted shareholding and management control of the Company in favour of Nandanvan Commercial Pvt Ltd and its Associates.
Source: BSE    Date: 2008-06-26

    State Bank of India    
State Bank of India (SBI) has informed BSE that the Bank has restores its Benchmark Prime Lending Rate (referred as SBAR) to the rate prevailing in January 2008 as under: “Benchmark Prime Lending Rate (referred to as SBAR) is restored to 12.75% p.a. with effect from June 27, 2008.”
Source: BSE    Date: 2008-06-26

    Tulip Telecom    
Tulip Telecom Ltd has informed BSE regarding a Press Release dated June 26, 2008 titled “Tulip Telecom reports net profit of Rs 187.1 Crores for FY 2007-08, up 88% over last year”.
Source: BSE    Date: 2008-06-26

    Bhagyanagar India   
Bhagyanagar India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 26, 2008, inter alia, has recommended dividend @ 30% (Rs 0.60 per Equity Share) for the year 2007-2008, on the Paid-up Equity Share Capital of the Company (Rs 14,90,00,000/- comprising of 7,45,00,000 Equity Shares of Rs 2/- each). Further the Company has informed that, the in-principle approval received from Reserve Bank of India to issue Foreign Currency Convertible Bonds upto USD 20.00 Million and directed the Management to take further effective steps as may be required.
Source: BSE    Date: 2008-06-26

    Financial Technologies  
With reference to the news item appearing in a leading financial daily titled “MCX to start comex operations in Singapore”, Financial Technologies India Ltd has clarified to BSE as under: 1. As stated in the Annual Report 2006-07, Singapore Mercantile Exchange is a Subsidiary of the Company. 2. The date for commencement of operations for the Commodity Exchange in Singapore shall be informed to the Stock Exchange(s), as and when it is finalized, in terms of the Listing Agreement. 3. As has been clarified by MCX Managing Director and Chief Executive Officer Mr. Joseph Massey ‘MCX is not doing anything of this sort in Singapore’ (as reported in Financial Daily).
Source: BSE    Date: 2008-06-26

    Tulip Telecom    
Tulip Telecom Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 26, 2008, inter alia, has recommended a final dividend of 20% i.e. Rs 2 per share, for the financial year 2007-2008, on the total paid-up capital of the Company.
Source: BSE    Date: 2008-06-26

    Interlink Petroleum    
Collins Stewart Inga Pvt Ltd (”Manager to the Offer”), on behalf of Jit Sun Investments Pte Ltd & Mr Vijay Misra (”Acquirers”) alongwith Ms. Haripriya Misra and Vijay Misra & Sons HUF (PACs), has issued this Public Announcement (”PA”) to the Equity Shareholders of Interlink Petroleum Ltd (”Target Company”), pursuant to regulation 10, 12 and other applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto (”Regulations”) The Offer: The Acquirers alongwith PACs are making an Open Offer to the equity shareholders of the Target Company to acquire 36,82,000 equity shares of Rs 10/- each representing 20.00% of the fully expanded Issued and subscribed equity share capital and 20.01% of voting capital of the Target Company at a price of Rs 17.27 (Rupees Seventeen and Paise Twenty Seven only) Per fully paid equity share (”Offer Price”) payable in cash, in terms of regulation 20 of the Regulations (the ”Offer” or ”Open Offer”) Partly paid equity shares : They can participate in the Open Offer by tendering their equity shares on or before the closure of the offer after making the partly paid up equity shares fully paid up. Schedule of Activities: Specified Date - July 11, 2008 Date of Opening of the Offer - August 14, 2008 Date of Closing of the Offer - September 02, 2008
Source: BSE    Date: 2008-06-26

    ILandFS Investment Managers    
IL&FS Investment Managers Ltd has informed BSE that Annual General Meeting (AGM) of the members of the Company was held on June 26, 2008.
Source: BSE    Date: 2008-06-26

    Rayban Sun Optics    
Rayban Sun Optics India Ltd has informed BSE that the Company has received a letter addressed to the Board of Directors from Ray Ban Indian Holdings Inc., the promoters of the Company, on June 25, 2008, proposing for a voluntary delisting of the shares of the Company from the Bombay Stock Exchange Ltd, under the provision of Securities and Exchange Board of India (Delisting of Securities) Guidelines, 2003 (”Guidelines”), and to acquire all outstanding shares of the Company, in accordance with the Guidelines. Ray Ban Indian Holdings Inc., has also requested the Board of Directors to call for a general meeting of the shareholders of the Company to consider and approve of the delisting proposal. At present, Ray Ban Indian Holdings Inc. holds 70.54% of the fully paid-up capital of the Company. The Company proposes to circulate a resolution to the Board of Directors of the Company to convene an Extra-ordinary General Meeting of the Company for considering the delisting proposal of Ray Ban Indian Holdings Inc. The detailed notice and agenda of the circular resolution shall be sent to the Board of Directors of the Company on June 25, 2008.
Source: BSE    Date: 2008-06-26

    Venkys    
Venkys India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 26, 2008, inter alia, has recommended a dividend of Rs 3.50 per equity share - 35 % for the year ended March 31, 2008 (previous year Rs 3.00 per equity share - 30%), subject to the approval of shareholders at the ensuing Annual General Meeting.
Source: BSE    Date: 2008-06-26

   NIIT Technologies    
NIIT Technologies Ltd has informed BSE regarding a Press Release dated June 26, 2008 titled “NIIT Technologies ranked among the 2008 BLACK BOOK Top 50 Best Managed Outsourcing Vendors”. Press Release : “NIIT Technologies, the global IT services provider headquartered in New Delhi, was ranked in the Black Book of Outsourcing 2008. In its first entry in the Black Book, the company has been ranked 36th among the Top 50 outsourcing vendors. Nearly 300000 IT service providers, from across the globe, were invited to participate. The annual study, conducted by the outsourcing management consulting firm Brown-Wilson Group recognizes excellence among global service providers that demonstrate superior management practices and leadership and outstanding performance in the areas of Supply Chain Management, Purchasing & Transaction Management, Category Management, and Logistics Spend & Contract Management. Started in 20 the Black Book has become immensely popular tool for vendor selection in the US and is endorsed by top dignitaries in the US Government. On this occasion, Mr. Arvind Thakur, CEO & Joint Managing Director, NIIT Technologies said, “Being ranked in the Black Book of Outsourcing’s reinforces NIIT Technologies ability to deliver business value. The focus on creating differentiation through specialization has helped us position the company in a zone where we can leverage our strength.” ‘Making the one of the strongest comebacks across five year of Black Book Satisfaction Surveying’, NIIT Technologies has also been ranked positively for C Level Commitment, Corporate Direction, Leadership Impact and Human Capital Performance. The company has garnered top scores from Banking, Financial Services & Insurance, Travel, Retail & Manufacturing sectors, after being evaluated among nearly 1700 short listed companies, across 26 management criteria and 18 operational excellence key performance indicators completely from the perspective of the client experience.”
Source: BSE    Date: 2008-06-26

    Infrastructure Development Finance Company
Infrastructure Development Finance Company Ltd (IDFC) has informed BSE that 66th meeting of the Board of Directors of the Company will be held on July 18, 2008, inter alia, to discuss and approve the Unaudited Quarterly Results (subjected to Limited Review by Auditors) for the quarter ended June 30, 2008.
Source: BSE    Date: 2008-06-26

    Precision Wires India  
Precision Wires India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 26, 2008, inter alia, have recommended a final dividend @ 36% (Rs 3.60) for the year ended March 31, 2008.
Source: BSE    Date: 2008-06-26

    ICICI Bank    
ICICI Bank Ltd has informed BSE that the Bank has allotted 36,691 equity shares of face value of Rs 10/- each on June 16, 2008 under the Employees Stock Option Scheme, 2000 (ESOS).
Source: BSE    Date: 2008-06-26

    Wearology
Wearology Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 30, 2008, to discuss the proposal of: 1. Setting up a subsidiary at Sharjah Free Trade Zone for the marketing and Sale of Garments. 2. Setting up a subsidiary at USA for the marketing and distribution of Industrial Garments.
Source: BSE    Date: 2008-06-26

    NIIT Technologies    
NIIT Technologies Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 22, 2008 to July 28, 2008 (both days inclusive) for the purpose of payment of dividend & 16th Annual General Meeting (AGM) of the Company to be held on July 28, 2008.
Source: BSE    Date: 2008-06-26

    Synergy Log-In Systems    
Synergy Log-In Systems Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 30, 2008, to consider the merger of Globsyn Corporate Division (parent Company division) with the Company and also the Capital Reduction.
Source: BSE    Date: 2008-06-26

    Coromandel Fertilisers    
Coromandel Fertilisers Ltd has informed BSE that the Company has formed a wholly owned subsidiary “CFL Mauritius Ltd.”, in Mauritius and propose to channelise Company’’s future Investments abroad through this subsidiary Company.
Source: BSE    Date: 2008-06-26

    Hindustan Petroleum Corporation
Hindustan Petroleum Corporation Ltd (HPCL) has informed BSE that Shri. L N Gupta, Joint Secretary - Refineries, Ministry of Petroleum & Natural Gas (MOP&NG) has been co-opted as part-time ex-officio Director on the Board of HPCL at the Board Meeting held on June 25, 2008 (PM).
Source: BSE    Date: 2008-06-26

    Bharat Petroleum Corporation  
Bharat Petroleum Corporation Ltd (BPCL) has informed BSE that Shri. S Mohan, Executive Director (HRD) has been appointed as Director (Human Resources) of BPCL, with effect from June 25, 2008.
Source: BSE    Date: 2008-06-26

    Pratibha Industries    
Pratibha Industries Ltd has informed BSE that the members at the 13th Annual General Meeting (AGM) of the Company held on June 20, 2008.
Source: BSE    Date: 2008-06-26

    Pantaloon Retail    
Pantaloon Retail India Ltd has informed BSE that the Committee of Directors (CoD) of the Company at its meeting held on June 26, 2008, have made allotment of 45,00,000 Equity shares of Rs 2/- each at a premium of Rs 498/- per share aggregating Rs 225 Crores to Erudite Trading Pvt Ltd and Chaste Investrade Pvt Ltd, part of the promoter group, on conversion of second tranche of Warrants allotted to them.
Source: BSE    Date: 2008-06-26

    United Breweries   
United Breweries Ltd has informed BSE regarding a Press Release titled “United Breweries Ltd Out Performs Market”
Source: BSE    Date: 2008-06-26

    Hit Kit Global Solutions
Hit Kit Global Solutions Ltd has informed BSE that the Annual General Meeting (AGM) of the members of the Company will be held on July 21, 2008.
Source: BSE    Date: 2008-06-26

    Solitaire Machine Tools  
Solitaire Machine Tools Ltd has informed BSE that the Company has recently tied up with O.ERRE.PI an Italian Machine Tool Manufacturer to rebuild high value grinding machine for M/s. SKF India Ltd. The technical know how for the same is being provided by O.ERRE.PI and the execution of the work will be done at Company’s Baroda plant. The batch of first 3 machines is already being rebuilt. The order for the first batch is valued at around Rs 2 crore and the total contract would be about Rs 20 crore over a period of next 3 years.
Source: BSE    Date: 2008-06-26

   Jenburkt Pharma    
Jenburkt Pharmaceuticals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 24, 2008, inter alia, has recommended a dividend of 12.5% equity share of Rs 10/-.
Source: BSE    Date: 2008-06-26