BSE Notices 27-02-2008

February 27th, 2008 | by sharegyan |

SEL Manufacturing Company    
SEL Manufacturing Company Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 27, 2008 inter alia, have passed the following resolutions: 1. To increase the existing Authorised Share Capital of the Company from Rs 20,00,00,000 (Rupees Twenty Crores only) divided into 2,00,00,000 (Two Crore) Equity Shares of Rs 10/- (Rs Ten) each to Rs 50,00,00,000/- (Rs Fifty Crore only) divided into 5,00,00,000 (Five Crore) Equity Shares of Rs 10/- (Rs Ten) each by creation of further 3,00,00,000 (Three Crore) Equity shares of Rs 10/- (Rs Ten) each aggregating Rs 30,00,00,000/- (Rs Thirty Crore) ranking pari passu with the existing equity shares of the Company in all respects and consequential amendments in the Clause V of the Memorandum of Association of the Company. 2. Authority to the Board of Directors to create, offer, issue and allot upto 76,50,000 Equity warrants convertible into 76,50,000 Equity Shares on Preferential basis having face value of Rs 10/- each (where each such Equity warrants being exercisable, at the option of the holder being allotted one fully paid up equity share of Rs 10/- each) at such price including premium, being a price not less than the price calculated in accordance with SEBI Guidelines for Preferential issue (Chapter XIII of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000) and which can be convertible, in such number of options exercised by the holder of such Equity warrants, in one or more lots, at the option of the holder of such Equity warrants, into equity shares within a period not exceeding eighteen months (18 months) from the date of issue of Equity warrants in accordance with SEBI (DIP) Guidelines to the following allottee(s) as detailed herein below: i. Name of the Allottee : Somerset India Fund (Non-Promoter) Maximum No. of equity warrants to be allotted : 21,00,000 ii. Name of the Allottee : Matterhorn Advisory Singapore Pte. Ltd. (Non-Promoter) Maximum No. of equity warrants to be allotted : 21,00,000 iii. Name of the Allottee : Sunspark Securities Pvt Ltd (Non-Promoter) Maximum No. of equity warrants to be allotted : 10,00,000 iv. Name of the Allottee : Master Trust Ltd (Non-Promoter) Maximum No. of equity warrants to be allotted : 3,00,000 v. Name of the Allottee : Mr. Dhiraj Saluja (Promoter) Maximum No. of equity warrants to be allotted : 10,66,851 vi. Name of the Allottee : Mrs. Reema Saluja (Promoter) Maximum No. of equity warrants to be allotted : 10,83,149 3. Authority to the Board of Directors of the Company for borrowing from time to time, as they may think fit, any sum or sums of monies which together with the monies already borrowed by the Company (apart from temporary loans obtained from the Company�s Bankers in the ordinary course of business), may exceed at any time, the aggregate of the paid up capital of the Company and its free reserves (that is to say reserves, not set apart for any specific purpose), by a sum not exceeding Rs 5000.00 Crores (Rs Five Thousand Crores Only) and that the Board of Directors of the Company be and is hereby authorized to arrange, accept, alter or fix the terms and conditions of all such monies to be borrowed from time to time, as to interest, repayment, creation of security(ies) or otherwise, as they may think fit, subject to necessary provisions & approvals. 4. Authority to the Board of Directors of the Company to create mortgage and / or charge on all movable or immovable properties of the Company wheresoever situated, present and future, the whole or substantially the whole of the undertaking(s) of the Company for securing any borrowing(s) or financial assistance not exceeding Rs 5000 crores (Rs Five Thousand Crores only) by way of loans / limits (whether in foreign currency and / or in Indian Currency), subject to necessary provisions & approvals. 5. Approval for Alteration in the Articles of Association of the Company to insert clauses related to : (i) passing of Resolution(s) through Postal Ballot subject to the provisions of Section 192A of the Companies Act, 1956 read with Companies Passing of the Resolution by Postal Ballot) Rules, 2001. (ii) To hold Board or Committee Meetings by means of video or tele-conferencing subject to the provisions of the Companies Act, 1956 and / or any other necessary laws / regulations etc. as may be applicable and as amended from time to time. 6. Approval to increase the limit of investments by Foreign Institutional Investors including their sub-accounts (”the FIIs”), in the shares or debentures convertible into shares of the Company to 40 (Forty) percent of the paid up equity share capital or paid up value of the respective series of the convertible debentures of the company as may be applicable.
Source: BSE    Date: 2008-02-27

Nitin Fire Protection Industries    
Nitin Fire Protection Industries Ltd, on February 27, 2008 has announced that the Company has received approval from Loss Prevention Certification Board of UK for their Ozone Friendly Gaseous Fire Suppression Systems for National and International Market. Gaseous Fire Suppression Systems are widely used for the fire protection of Data Centres, Server Rooms, Control Rooms, Switch Rooms, Archives, Museums, and other valuable assets of Financial Institutions, Telecommunication facilities, Petrochemical Complexes, Internet Service Providers, IT Companies, BPO and KPO Companies. The Company has further informed that it has received orders for supply of CNG cascades to Indraprastha Gas Ltd for Delhi and Central UP Gas Ltd for Kanpur and Bareilly City Gas distribution project. The Company has also informed that it has started production at the Vishakhapatnam SEZ (VSEZ), a tax-free zone. The Company has completed its first export assignment through its subsidiary Nitin Cylinders Ltd.
Source: BSE    Date: 2008-02-27

Satyam Computer Services    
Satyam Computer Services Ltd has informed BSE that the Compensation Committee of Directors of the Company allotted 44,553 equity shares through circular resolution on February 26, 2008, approved on February 27, 2008 under stock option plans of the Company. Consequent to the above allotment, the paid up share capital of the Company has gone up from 670,090,616 equity shares of Rs 2/- each aggregating Rs 1,340,181,232.00 to 670,135,169 equity shares of Rs 2/- each aggregating Rs 1,340,270,338.00.
Source: BSE    Date: 2008-02-27

  Suave Hotels    
Suave Hotels Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on March 24, 2008, inter alia, to transact the following: 1. To create, offer, issue and allot, in one or more trenches, in the course of international offerings in one or more foreign markets, in the form and/or name of Global Depository Receipts or otherwise, equity shares and/or any securities convertible into equity shares at the option of the company and/ or holder of the securities representing either Equity shares or convertible securities representing either Equity shares or convertible into equity shares (”Securities”) subscribed in foreign currency(ies) to foreign investors (Whether institutions and/or incorporated bodies and/ or individuals or otherwise, and whether or not such investors are members of the Company), for (or which, upon conversion of all securities so issued or allotted, could give rise to the issue of) an aggregate number equity shares or such receipts or instruments equivalent to not more than US$ 10 million, as decided by the company/underwriters, such issue and allotment to be made at such time or times, in such tranche or tranches at a price and in such manner as the Board may, in its discretion think fit, in consultation with the lead manager, advisors and underwriters, and otherwise on such terms and conditions as may be decided and deemed appropriate by the Board at the time of issue or allotment, subject to necessary provisions & approvals. 2. To offer / issue and allot not more than 65,00,000 warrants, convertible, at the option of the warrant holders within an aggregate time period of 18 months from date of allotment of the warrants into 65,00,000 equity shares of Rs 10 each, at an exercise price of Rs 47.00 per equity share or at the price as determined in accordance with the relevant SEBI Guidelines, to the promoters of the company as per the list mentioned in the explanatory statement attached to the notice convening this meeting, on a preferential basis, as the Board may in its absolute discretion decide, in one or more trenches and on such terms and conditions, as the Board considers fit.
Source: BSE    Date: 2008-02-27

HCL Infosystems    
HCL Infosystems Ltd has informed BSE that the Committee of Directors (Share Allotment) on February 27, 2008 has allotted 1956 Equity Shares of Rs 2/- each (at a premium of Rs 226.80, Rs 122.10 and Rs 132.75 per shares) to the employees on exercise of their stock options under HCL INFOSYSTEMS LTD Employee Stock Based Compensation Plan 2005.
Source: BSE    Date: 2008-02-27

   Sybly Industries
Sybly Industries Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on February 27, 2008, inter alia, have approved the following: 1. The issue of 4,35,00,000 warrants at a price of Rs 10.00 per warrant in cash, on preferential basis, carrying a right to subscribe to equal no. of equity shares in the Company on Conversion within a period of 18 months from the date of allotment aggregating Rs 43,50,00,000/- to Promoters, Directors and Persons acting in concert, which includes Associates, Relatives and Friends of such promoters and Directors as per SEBI guidelines in this regard. 2. The issue, offer and allot, in domestic / International offerings any securities including Global Depositary Receipts and / or American Depositary Receipts convertible into equity shares, equity shares, preference shares whether Cumulative / Redeemable / Convertible at the option of the Company and / or option of the holders of the security and / or securities linked to equity shares / preference shares and / or any instrument or securities representing convertible securities such as convertible debentures, bonds or warrants convertible into equity shares / preference shares to be subscribed by foreign / domestic investors / institutions and / or corporate bodies including mutual funds, banks, insurance Companies and / or individuals or otherwise, whether or not such persons / entities / investors are Members of the Company as may be deemed appropriate by the Board and permitted under applicable laws and regulations upto an aggregate amount not exceeding US $ 25 Million or equivalent with 15% Green Shoe Option whether in Indian currency or foreign currency, inclusive of such premium as may be fixed on such securities, by offering such securities in one or more countries through public offer and / or offer letter and / or circular and / or information memorandum and / or such other document and such issue and allotment to be made at such time or times in one or more tranches, as and when so decided by the Board in its absolute discretion, either at par or at such price or prices, and on such terms and conditions and in such manner as the Board may, in its absolute discretion think fit and as permissible from time to time under the laws of land, in consultation with the lead Managers, Underwriters, Advisors or other intermediaries. 3. Increase of Authorised Share Capital of the Company from Rs 10,50,00,000/- (Rupees Ten Crores Fifty lacs only) divided into 1,05,00,000 (One crore five Lacs) Equity Shares of Rs 10/- each to Rs 70,00,00,000/- (Rupees Seventy Crores only) by addition thereto 5,95,00,000 (Five crores ninety five lacs only) Equity Shares of Rs 10/- each which shall rank Pari Passu in all respects with the existing Equity Shares of the Company.
Source: BSE    Date: 2008-02-27

Shasun Chemicals and Drugs    
Shasun Chemicals & Drugs Ltd on February 27, 2008 has announced that it has entered into a non-exclusive licensing agreement with Merck & Co., Inc. Under the terms of the agreement Shasun grants Merck the use of its proprietary cross-coupling copper technology (also known as Buchwald technology) to manufacture and commercialize API’s (Active Pharmaceutical Ingredients). The Buchwald cross-coupling technology is one of the most popular technologies in the pharmaceutical area allowing increasingly complex new drugs to be manufactured in an efficient and economical way. Commenting on this development, Dr. Michel Spagnol (Chief Technology Officer) said, “I am very excited to have finalized this agreement with Merck. This is an important milestone for Shasun in making this technology widely accessible and paving the way for further collaborations”. Mr. Govindarajan (CEO and Managing Director of Shasun) added “This is yet another example that demonstrates Shasun’s commitment to developing and commercializing its expanding portfolio of cutting edge technologies”.
Source: BSE    Date: 2008-02-27

IndusInd Bank    
Indusind Bank Ltd has informed BSE that pursuant to the Resolution passed at the Annual General Meeting of the Bank held on September 18, 2007, the Board of Directors of the Bank at its meeting held on January 30, 2008, constituted the Finance Committee of the Board of Directors and authorized the Committee to decide on the terms for appropriate mode of further issue of capital not exceeding 10% of the Bank’s expanded paid-up equity capital. The Finance Committee of the Board of Directors of the Bank in its meeting has accordingly approved the issuance of 3,51,92,064 fully paid-up equity shares of the Bank underlying like number of Global Depository Receipts of the Bank to be listed at Luxembourg. After issuance of the above-referred equity shares, the Bank’s paid-up equity share capital shall be Rs 355 crores. The pricing and other details would be finalised by the Finance Committee shortly after appointment of, and in consultation with, the Lead Managers, and the Bank shall advise in the matter.
Source: BSE    Date: 2008-02-27

Hindustan Unilever    
Hindustan Unilever Ltd has informed BSE that the Committee of the Board at its meeting held on February 22, 2008, has allotted 2,66,198 Equity Shares of Re 1/- each under ESOP. Therefore, the paid-up capital of the Company has increased to 217,77,29,553 shares & the issued capital has increased to 220,79,65,325 shares.
Source: BSE    Date: 2008-02-27

  Uflex    
Uflex Ltd has informed BSE that pursuant to the approvals received from members of the Company and Board of Directors/Committee of Directors and in-principle approvals received from Stock Exchanges, the Committee of Directors of the Company at their meeting held on February 26, 2008 has allotted equity shares and warrants on Preferential basis to the following parties: 1. Name of the Party: Tegraceen Holdings Ltd - Date of Allotment: February 26, 2008 - No of Shares allotted: 4367500 - No of warrants allotted: 4367500 - Issue Price per share/warrant: Rs 205/- 2. Name of the Party: Vasteffect Ltd - Date of Allotment: February 26, 2008 - No of Shares allotted: 4367500 - No of warrants allotted: 4367500 - Issue Price per share/warrant: Rs 205/- In accordance with the decision of the Committee of Directors and in terms of SEBI (DIP) Guidelines on preferential issues, only 10% of the amount was received upfront for allotment of warrants.
Source: BSE    Date: 2008-02-27

Ipca Laboratories    
Ipca Laboratories Ltd has informed BSE that on February 26, 2008 evening there was an incidence of fire in one of the section of cold storage warehouse at the Company’s formulations manufacturing unit situated at Athal, Silvassa. This fire has damaged the materials stored in the said cold storage part of the warehouse. The extent of damage is being ascertained. However, there is no damage to the other areas of this formulation manufacturing unit other than the said part of the cold storage warehouse and no material disruption in the manufacturing activities of the said unit. All the manufacturing facilities, materials and finished goods of the Company are adequately insured to cover the risk of fire, flood, earthquakes, etc.
Source: BSE    Date: 2008-02-27

  California Software   
California Software Company Ltd has announced the appointment of its new Vice President - Corporate Finance, Mr. Ramanujam with immediate effect.
Source: BSE    Date: 2008-02-27

Gandhi Special Tubes    
Gandhi Special Tubes Ltd has informed BSE that March 26, 2008 has been fixed as the Record Date for the purpose of sub-division / stock split of Rs 10/- per share of the Company into 2 equity shares of Rs 5/- each.
Source: BSE    Date: 2008-02-27

Computer Point (India)    
Computer Point Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 27, 2008, has allotted 30,00,000 Equity Shares of Rs 10/- each fully Paid-Up on conversion of 30,00,000 warrants issued on preferential basis.
Source: BSE    Date: 2008-02-27

   Reliance Industries    
Reliance Industries Ltd has announce yet another gas discovery in NEC-OSN 97/2 (NEC-25) block located in the NEC-Mahanadi offshore basin, off the Orissa coast in Bay of Bengal. This shallow water block covering an area of 10,755 sq km in water depths ranging between 20-600 m was awarded under the bidding round of NELP I. RIL holds 90% participating interest (PI) and NIKO (NELPIO) Ltd. holds 10% of PI in the block. This is the eighth discovery in the block. RIL had earlier struck six consecutive commercial discoveries in this block, for which the development plan has been submitted to the Directorate General of Hydrocarbons (DGH) for approval. The well NEC 25-JI was drilled with the objective of exploring upper Miocene slope sands in the deeper part of the block. This well was drilled at a water depth of 478 m to the target depth of 2926 m. For the first time in this basin, the well encountered high quality multi-darcy gas bearing reservoir sands in the interval 2484 - 2495.5 m based on the interpretation of the wire-line logs. Subsequently, the presence of gas in the above interval was confirmed by carrying out Modular Dynamic Testing (MDT). This discovery, named ‘Dhirubhai-40′ has been notified to Government of India and DGH. RIL is currently evaluating the potential commercial interest of the discovery through additional data collection and analysis. This discovery establishes the hydrocarbon potential towards the deeper part of NEC-Mahanadi Basin and opens up more acreage for further hydrocarbon exploration efforts.
Source: BSE    Date: 2008-02-27

  Coromandel Fertilisers    
Coromandel Fertilisers Ltd (CFL) has informed BSE that the Board of Directors of the Company at its meeting held on February 27, 2008, has approved issue and allotment of 12037182 equity shares of Rs 2/- each fully paid of Coromandel Fertilisers Ltd (CFL) to the shareholders of Godavari Fertilisers and Chemicals Ltd (GFCL) in the ratio of Three (3) equity shares of Rs 2/- each of CFL for every Two (2) equity shares of Rs 10/- each of GFCL as per the Scheme of Amalgamation approved by the Hon’ble High Court of Andhra Pradesh.
Source: BSE    Date: 2008-02-27

Haryana Financial Corporation Ltd    
Haryana Financial Corporation Ltd has informed BSE as under: “Haryana Financial Corporation (HFC) has been established under the State Financial Corporations Act, 1951 (SFCs Act) and governed as per the provision of the Act. Section 4 (1) of the SFCs Act (reproduced as wider) deals with the authorized capital of the Financial Corporation. “4. Share capital and shareholders : (1) the authorized capital of the Financial Corporation shall be such sum as may be fixed by the State Govt in this behalf but it shall not be less than fifty lakhs of rupees or exceed fifty crores of rupees.” So as per the above provision, the present authorized share capital of the Corporation is Rs 50.00 crores and the paid up share capital is of Rs 38.92 crores being shown in the quarterly shareholding pattern submitted to the exchange. The above SFCs Act, 1951 has been amended by SFCs (Amendment) Act, 2000 by the Govt. of India. The provision of section 4 has also been amended by this amendment and the amended provision is reproduced as under :- “4. Share capital and shareholders : (1) the authorized capital of the Financial Corporation shall be such sum as may be fixed by the State Govt. in this behalf but it shall not be less than fifty laths of rupees, or exceed five hundred crores of rupees.” The State Govt. in exercise of the powers conferred to them under section 4 of the State Financial Corporations Act, 1951 as amended by SFCs (Amendment) Act, 2000 on the recommendations of the Corporation has increased the authorized share capital of the Haryana Financial Corporation from Rs 50.00 crores to Rs 300.00 crores (divided into 30 crores equity shares of the face value of Rs 10/- each) vide its notification dated February 13, 2008.”
Source: BSE    Date: 2008-02-27

  Haryana Financial Corporation Ltd    
Haryana Financial Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 30, 2007, has resolved to increase the authorised capital of the Company from Rs 50.00 crore i.e. 5.00 crore equity shares of Rs 10/- each to Rs 300.00 crore i.e. 30.00 crore equity shares of Rs 10/- each, as per provisions of Section 4 and other applicable provisions of SFCs (Amendment) Act, 2000 and as suggested by the SIDBI vide its circular letter dated February 22, 2001 and subject to the approval of the State Govt. by notification in the official gazette.
Source: BSE    Date: 2008-02-27

Indiaco Ventures    
Indiaco Ventures Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 04, 2008, to transact the following: 1. Consider & approve issuance of 11221 equity shares of Rs 10/- each, the issue price being Rs 950/- each (inclusive of premium of Rs 940/- each) on a preferential basis to Jabali Finance Company Ltd, 325 Waterfront Drive, Omar Hodge Building, 2nd Floor, Wickham’s Cay, Road Town, Tortola, BVI subject to the approval of Shareholders by way of postal ballot and also in accordance with the provisions of Section 81 (1A) of the Companies Act, 1956 and all applicable Guidelines & Regulations as laid down by SEBI / FEMA. 2. Consider the appointment of Scrutinizer for conducting the postal ballot process in fair & transparent manner. 3. Consider & approve the formation of an Asset Management Company and for that the Company seeks approval from the board to begin the process of creating a wholly owned subsidiary of Indiaco Ventures Ltd and to authorize Mr. Dhananjay Bendre, Executive Director to complete all formalities. The primary objective of Indiaco Asset Management Company Ltd (IAMC) will be to provide Asset Management services to Indiaco group Companies and other external entities after complying with all the necessary legal formalities. 4. Consider & approve Company’s activities in Debt financing by way of entering in alliance / partnership with Indian or overseas Companies.
Source: BSE    Date: 2008-02-27

  Shree Renuka Sugars    
Shree Renuka Sugars Ltd has informed BSE that the Company has entered into a Lease agreement for a period of 5 years with Balaghat Shetkari Sahakari Sakhar Karkhana Ltd., Latur, Maharashtra, having a plant capacity of 2500 tcd (tons of cane per day).
Source: BSE    Date: 2008-02-27

   Exelon Infrastructure    
Exelon Infrastructure Ltd has informed BSE that the Company has entered into a development agreement with I.K.Projects Pvt Ltd for the purpose developing Ready Made Apparel Garment Unit in Apparel Export Park Located near Hyderabad.
Source: BSE    Date: 2008-02-27

Great Eastern Shipping Company   
Great Eastern Shipping Company Ltd (GE Shipping) has informed BSE that the Company has contracted to sell two of its double hull Medium Range (MR) product tankers ‘Jag Panna’ (37,145 dwt) & ‘Jag Payal’ (37,159 dwt). The vessels will be delivered to the buyers during Q1 FY 2010. Press Release follows…..
Source: BSE    Date: 2008-02-27

BGR Energy Systems    
BGR Energy Systems Ltd has informed BSE that the Company has received a Letter of Intent from Andhra Pradesh Power Generation Corporation Ltd (APGENCO) whereby APGENCO has awarded a contract for Rs 7930 Million for Design, Engineering, Manufacture, Procurement, Supply, delivery, testing at manufacturer’s works, transportation to the site, storage, construction, erection, testing at site and commissioning of Balance of Plant including Civil works for the 500 MW Kothagudem Stage�VI (1 x 500 MW) � Unit XI. In this connection, the Company has issued the following Press release: “BGR Energy Systems Ltd has secured a Turnkey contract from Andhra Pradesh Power Generation Ltd (APGENCO) for the execution of Balance of Plant (BOP) for the 1 x 500 MW, Stage VI � Unit XI Kothagudem Thermal Power Station valued at Rs 793 Crores. The contract scope of work includes Design, Engineering, Procurement and Construction of complete Mechanical, Electrical, Instrumentation and Plant Civil works for project. This contract will be executed over a period of 26 months. BGR Energy has emerged as the largest EPC contractor of Power Plant � Balance of Plant in the Country for large Power Plants of 500 MW and above. The Company is currently executing three Balance of Plant contracts for 500 MW capacity coal based power projects and this contract is the Fourth contract. The current order book of the Company stands at Rs 3715 Crores.”
Source: BSE    Date: 2008-02-27

Ganesh Housing Corporation    
Ganesh Housing Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 27, 2008, inter alia , has taken the following decisions : 1. Increasing the Borrowing powers upto Rs 5000 crores pursuant to the Companies Act, 1956. 2. Sell, Lease or otherwise dispose of the undertaking of the Company pursuant to the Companies Act, 1956. 3. Convening of the Extra Ordinary General Meeting of the members of the Company on March 25, 2008 to pass relevant resolutions.
Source: BSE    Date: 2008-02-27

SKF India    
SKF India Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from April 08, 2008 to April 23, 2008 (both days inclusive) for the purpose of payment of dividend & 47th Annual General Meeting (AGM) of the Company to be held on April 23, 2008.
Source: BSE    Date: 2008-02-27

  Indian Oil Corporation    
Indian Oil Corporation Ltd (IOC) has informed BSE that the Shareholders, Secured Creditors and Unsecured Creditors of the Company at its meetings were convened as per the orders of the Ministry of Corporate Affairs (the competent authority to approve amalgamation of Govt. Companies) held on February 22, 2008 have approved the Scheme of Amalgamation for merger of Bongaigaon Refinery & Petrochemicals Ltd. (BRPL) with Indian Oil Corporation Ltd.
Source: BSE    Date: 2008-02-27

Sharon Bio Medicine    
Sharon Bio-Medicine Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 05, 2008, inter alia, to consider the following: 1. To Authorize Board to make application for delisting of equity shares from Pune Stock Exchange & Hyderabad Stock Exchange. 2. To add new object clause relating to Power Generation & Distribution in other Objects of Memorandum of Association. 3. To consider a proposal of merger of M/s. Stonewood Cem-Fab (India) Pvt Ltd, Wholly owned subsidiary of the Company. The above matters shall be dealt through Postal Ballot to the extent of its applicability.
Source: BSE    Date: 2008-02-27

   Bilpower    
Bilpower Ltd has informed BSE that the Issue Committee of the Company at its meeting held on February 23, 2008, has allotted 20,00,000 Convertible Warrants on preferential basis at a Issue price of Rs 350/- per Warrant, each Warrant convertible into one Equity Share of the Company at a price of Rs 350/- (including a premium of Rs 340/-) per share, within 18 months from the date of allotment. 1. Choudhary Global Ltd (Corporate Body Promoter Group) - Number of Allotted Convertible Warrants: 7,00,000 2. Mr. Suresh Kumar Choudhary (Individual Promoter Group) - Number of Allotted Convertible Warrants: 4,00,000 3. Mr. Naresh Kumar Choudhary (Individual Promoter Group) - Number of Allotted Convertible Warrants: 4,00,000 4. Mr. Rajendra Kumar Choudhary (Individual Promoter Group) - Number of Allotted Convertible Warrants: 4,00,000 5. Mr. Ravi Choudhary (Individual Promoter Group) - Number of Allotted Convertible Warrants: 25,000 6. Mr. Abhishek Choudhary (Individual Promoter Group) - Number of Allotted Convertible Warrants: 25,000 7. Mitin Balubhai Shah Dharmi Mitin Shah (Individual - Other) - Number of Allotted Convertible Warrants: 50,000 All the allottees have paid Rs 35/- (Rupees Thirty Five only) per convertible warrant being 10% of the total amount payable on conversion i.e. Rs 350/- (Rupees Three Hundred Fifty only).
Source: BSE    Date: 2008-02-27

  Marksans Pharma    
Marksans Pharma Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 29, 2008, to declare the results of the postal ballot and to decide the record date for the purpose of sub - division of the Equity shares of the Company.
Source: BSE    Date: 2008-02-27

Alok Industries    
Alok Industries Ltd has informed BSE that the Executive Committee of Board of Directors of the Company at its meeting held on February 26, 2008, pursuant to resolution passed through postal ballot under section 81 and 81(1A) of the Companies Act, 1956 on February 14, 2008, has issued and allotted the equity shares and warrants convertible into equity shares as per SEBI Guidelines for Preferential Allotment to, the Promoters group, as per the following details: 1. 9,33,793 equity shares of the face value of Rs 10/- each for cash at a premium of Rs 92/- per share to Jiwrajka Associates Pvt Ltd being the price determined in accordance with the SEBI (DIP) Guidelines, 2000; 2. 98,00,000 Warrants convertible into equity shares to Jiwrajka Associates Pvt Ltd at a price of Rs 102/- per warrant determined as per SEBI guidelines. The Warrants holders have paid an equivalent of 10% of the total consideration before the allotment. The Warrant holders would be allotted one equity share of the Company, on payment of an exercise price of Rs 102/- per share, (including premium of Rs 92/- per share), being the price determined in accordance with the SEBI (DIP) Guidelines, 2000, on or before March 31, 2009; and 3. 1,00,00,000 Warrants convertible into equity shares to Jiwrajka Associates Pvt Ltd at a price of Rs 102/- per warrant determined as per SEBI guidelines. The Warrants holders have paid an equivalent of 10% of the total consideration before the allotment. The Warrant holders would be allotted one equity share of the Company, on payment of an exercise price of Rs 102/- per share, (including premium of Rs 92/- per share), being the price determined in accordance with the SEBI (DIP) Guidelines, 2000, on or before July 31, 2009. By virtue of the above referred Preferential allotment of equity shares to the Promoter Group, the paid up equity share capital of the Company has increased from 18,62,41,176 equity shares of the face value of Rs 10/- each to 18,71,74,969 equity shares of the face value of Rs 10/- each.
Source: BSE    Date: 2008-02-27