Albright and Wilson Chemicals

Albright & Wilson Chemicals India Ltd has informed BSE about the Unaudited Financial Results for the Quarter ended & Audited Financial Results for the Year ended December 31, 2008.
Source: BSE    Date: 27th-Mar-2009
Albright and Wilson Chemicals

Albright & Wilson Chemicals India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 26, 2009 inter alia have recommended a dividend of 15% for the year 2008, as against 10% dividend in the previous year.
Source: BSE    Date: 27th-Mar-2009

Matrix Laboratories

Matrix Laboratories Ltd has informed BSE that The Board of Directors of the Company has received a letter dated March 26, 2009 from MP Laboratories (Mauritius) Ltd ( MP Laboratories), a wholly-owned subsidiary of Mylan Inc. and one of the promoters of the Company, proposing a voluntary delisting offer to the public shareholders of the Company in accordance with the Securities and Exchange Board of India (Delisting of Securities) Guidelines, 2003 (“Delisting Guidelines”) with a view to acquire the remaining public shareholding of the Company and to delist the equity shares of the Company from the Bombay Stock Exchange Ltd (“BSE”) and the National Stock Exchange of India Ltd (“NSE”) in accordance with the provisions of the Delisting Guidelines. The letter also states that MP Laboratories has approved an indicative price upto Rs. 150 per share for acquisition of the shares tendered under the delisting offer, subject to MP Laboratories right under the Delisting Guidelines to accept or reject any price discovered under the reverse book building process set forth therein MP Laboratories has requested the board of directors of the Company to convene an extra-ordinary general meeting of the shareholders of the Company for considering a proposal to pass a special resolution approving the proposed delisting offer as required by the Delisting Guidelines.
Source: BSE    Date: 27th-Mar-2009
Voith Paper Fabrics

Voith Paper Fabrics India Ltd has informed BSE about the following changes have take place in the composition of board of directors of the Company effective from March 26, 2009: 1. Acceptance of resignation of Managing Director, Mr. Manoj Kumar Kapoor. 2. Appointment of Additional Director, Mr. Bob Burke. 3. Appointment of Additional Director, Mr. C. S. Panigrahi.
Source: BSE    Date: 27th-Mar-2009
Orchid Chemicals and Pharmaceuticals

Orchid Chemicals & Pharmaceuticals Ltd has informed BSE that the Company has purchased USD 25.7 million aggregate face value of Bonds and is in the process of extinguishing such Bonds. Further, the Company may also purchase from the markets and extinguish additional Bonds from time to time at its sole discretion.
Source: BSE    Date: 27th-Mar-2009
GTL

GTL Ltd has informed BSE that the members of the Company by way of Postal Ballot have passed the special resolution under Section 77A of the Companies Act, 1956 for Buyback of shares of the Company, with requisite majority.
Source: BSE    Date: 27th-Mar-2009
Richa Industries

Richa Industries Ltd has informed BSE that the Board of Directors of Richa Infrastructure Ltd in its meeting held on March 25, 2009, has allotted 96,000 (Ninety Six Thousand) Equity Shares of Rs 10/- (Ten) each at a premium of Rs 115/- (One hundred and Fifteen Only). Accordingly the total paid up capital of Richa Infrastructure Ltd is Rs 21,80,000/- (Twenty one Lac Eighty Thousand Only) divided into 2,18,000 (Two Lac Eighteen Thousand) Equity Share of Rs 10/- (Ten) each. Richa Industries Ltd decided not to subscribe additional equity in preferential offer. Hence out of 2,18,000 (Two Lac Eighteen Thousand) Equity Shares, Richa Industries Ltd is holding Only 72,000 (Seventy Two Thousand) Equity Shares. Now pursuant to section 4(1)(b)(ii) of the Companies Act, 1956 Richa Infrastructure Ltd is no more subsidiary of Richa Industries Ltd.
Source: BSE    Date: 27th-Mar-2009
Shyam Software Industries

Shyam Software Industries Ltd has informed BSE that the Name of the Company has been changed from “Shyam Software Industries Ltd” to “Nimbus Foods Industries Ltd”. Further the Company has noted that, the Company has changed its Main Object from Information Technology, education and training related business to Foods related business and after approval of the Composite Scheme of Arrangement in the nature of reduction of capital and amalgamation of Majesty Agro Foods Pvt. Ltd. by the Hon”ble High Court of Gujarat, the Company is working in the field related to food industries. To reflect the nature of activities in the name of the Company, the new name has been allowed to the Company.
Source: BSE    Date: 27th-Mar-2009
JIK Industries

JIK Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 26, 2009, inter alia, has allotted 5,13,050 Equity Shares of Rs 10/- each at par to Promoter as per Hon”ble BIFR Order dated August 26, 2008.
Source: BSE    Date: 27th-Mar-2009
Sanraa Media

Sanraa Media Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 26, 2009, has considered acquisition of UK based Gaming Company and other national and international Companies, operating in the field of Media. The Board then authorised committee of directors formed in the last Board Meeting held on March 19, 2009 to finalise the proposed acquisition and to do all such acts, deeds and things including approval valuation report.
Source: BSE    Date: 27th-Mar-2009

Lupin

Lupin Ltd has informed BSE regarding a Press Release dated March 26, 2009 titled “Lupin in Equity Partnership with Multicare Pharmaceuticals Philippines, Inc.”
Source: BSE    Date: 27th-Mar-2009
Stride Arcolab

Strides Arcolab Ltd has informed BSE regarding a Press Release dated March 26, 2009 titled “Strides Arcolab announces USFDA approval for one more product – Takes total sterile product approvals to 15 – First Product approval for Strides Sagent JV”
Source: BSE    Date: 27th-Mar-2009
KDL Biotech

Kdl Biotech Ltd has informed BSE that the Shareholders of the Company at the Annual General Meeting (AGM) of the Company held on March 26, 2009, had passed a Special Resolution, substituting the existing Clause ‘V’ of the Memorandum of Association of the Company (Capital Clause) by new Clause ‘V’ as under: “V. The Authorized Share Capital of the Company is Rs 75,00,00,000/- (Rupees Seventy Five Crores only) divided in to 7,50,00,000 (Seven Crore Fifty Lacs) Equity Shares of Rs 10/- (Rupees Ten only) each with the power to the Company from time to time to increase or reduce its capital and to divide the Shares in the Capital for the time being into several classes and to attach thereto respectively such preferential rights, privileges, conditions or restrictions as may be determined by or in accordance with the Articles of Association of the Company and to vary, modify or abrogate any such rights, privileges or conditions or restrictions in such manner as may for the time being be permitted by the Articles of Association of the Company or the legislative provision for the time being in force in that behalf.”
Source: BSE    Date: 27th-Mar-2009
Axis Bank

AXIS Bank Ltd has informed BSE that Issue of Unsecured Redeemable Non-Convertible Subordinated Debentures (Lower Tier II Debentures) of Rs 10,00,000/- each aggregating to Rs 200 Crores has since been opened and closed on March 26, 2009 by the Bank. The date of allotment/deemed date of allotment will be March 28, 2009.
Source: BSE    Date: 27th-Mar-2009