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BSE Notices 29 – October- 2008

Wednesday, October 29, 2008 16:36
Posted in category BSE Notices, Recent Buzz
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Rajapalayam Mills

Rajapalayam Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 25, 2008, inter alia, has declared Interim Dividend @ 30% for the year 2008-2009 (Rs 3.00 per share of Rs 10/- each).
Source: BSE    Date: 29th-Oct-2008
Unitech

Unitech Ltd has informed BSE that Telenor has entered into a definitive agreement with Unitech Ltd and its Telecom Companies (“Unitech Wireless”) whereby Telenor will invest over Rs 6,120 crores to subscribe to new shares in Unitech Wireless, resulting in an enterprise value of Rs 11,620 crores. Subject to the regulatory approvals, Telenor will hold upto 60% stake in Unitech Wireless. This alliance will benefit from Telenor”s substantial experience in both high growth and mature telecom markets and Unitech”s proven track record and reputation as one of India”s most respected business groups.
Source: BSE    Date: 29th-Oct-2008
3M India

3M India Ltd has informed BSE about the unaudited financial results for the Quarter ended Sep 30, 2008.
Source: BSE    Date: 29th-Oct-2008


Vardhman Textiles

Vardhman Textiles Ltd has informed BSE that the nomination of Mr. V K Saxena, Nominee Director of IDBI Bank Ltd, on the Board of the Company has been withdrawn by IDBI Bank Ltd, and Mrs. Amita Narain has been nominated by IDBI Bank Ltd as its new Nominee Director on the Board of the Company w.e.f. September 08, 2008 in his place.
Source: BSE    Date: 29th-Oct-2008
Fortis Healthcare

Fortis Healthcare Ltd has informed BSE about the Standalone & Consolidated unaudited financial results for the Quarter & Half Year ended Sep 30, 2008.
Source: BSE    Date: 29th-Oct-2008
JK Tyre and Industries

JK Tyre & Industries Ltd has informed BSE that IDBI Bank Ltd (IDBI Bank) has nominated Dr. T K Mukhopadhyay, Chief General Manager, IDBI Bank, Mumbai on the Board of Directors of the Company in place of Dr. Vinayshil Gautam. Accordingly, Dr. Vinayshil Gautam has ceased to be a Director of the Company and in his place Dr. T K Mukhopadhyay has been a Director of the Company.
Source: BSE    Date: 29th-Oct-2008
Aryaman Financial Services

Aryaman Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 24, 2008, inter alia, has appointed Shri. Shripal S Shah, as an additional Director of the Company to hold office upto the date of next Annual General Meeting.
Source: BSE    Date: 29th-Oct-2008
Accurate Transformers Ltd

Accurate Transformers Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 31, 2008, inter alia, to consider the following: 1. To consider and approve unaudited results for the quarter ended on September 30, 2008. 2. To consider Forfeiture of Partly Paid-Up Equity Shares of the Company.
Source: BSE    Date: 29th-Oct-2008
Patni Computer Systems

SPA Merchant Bankers Ltd (Manager to the Buy back) on behalf of Patni Computer Systems Ltd (Target Company or Company) has issued this Public Announcement to the Equity Shareholders / Beneficial Owners of the equity shares of the Target Company, which is in continuation of & should be read in conjunction with the Public Announcement (PA) published on April 03, 2008 and Corrigenda to PA were published on April 11, 2008, May 02, 2008 and July 04, 2008, regarding completion of Buy Back Offer in compliance with Regulation 19(7) of the Securities and Exchange Board of India (Buy Back of Securities) Regulations 1998. The Buy Back: The Target Company had announced the Buy Back of its own fully paid Equity Shares of face value Rs 2/- (“Shares”) each from the owners of Shares of the Company. The Buy Back was effected by the Company by way of open market purchases through BSE and NSE using their nationwide electronic trading facilities. The Buy Back was commenced on July 10, 2008. As on date, the Company has utilised the entire amount authorised for the Buy Back i.e. Rs 2370 million and accordingly proceeding for closure of the offer. Details of Buy Back: The had bought back total 10,957,082 shares pursuant to its Buy Back Offer. The Price at which the Shares were bought back during the Buy Back offer was dependent on the then prevailing market price on the BSE and NSE. The highest price at which the Shares were bought back was Rs 248.00 per Share while the lowest price was Rs 143.50 per Share. The average Price at which the Shares were bought back is Rs 216.30/-. Total Amount invested in the Buy Back is Rs 2,369,999,853.11 i.e. Approximately Rs 2370 million Since the Buy Back was done only through order matching mechanism from the Open Market through BSE & NSE, the identity of Shareholders from whom shares exceeding one percent of the total Shares were bought back is not known to the Company.
Source: BSE    Date: 29th-Oct-2008
Subex

Subex Ltd has informed BSE about the Standalone & Consolidated unaudited financial results for the Quarter & Half Year ended Sep 30, 2008.
Source: BSE    Date: 29th-Oct-2008
Sicagen India

Sicagen India Ltd has informed BSE about the Standalone & Consolidated unaudited financial results for the Quarter & Half Year ended Sep 30, 2008.
Source: BSE    Date: 29th-Oct-2008
Lee and Nee Softwares (Exports)

Lee & Nee Softwares Exports Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 27, 2008.
Source: BSE    Date:29th-Oct-2008
Sicagen India

Sicagen India Ltd has informed BSE about the Standalone & Consolidated unaudited financial results for the Quarter & Half Year ended Sep 30, 2008.
Source: BSE    Date: 29th-Oct-2008
Amalgamated Electricity

With reference to the earlier announcement dated October 29, 2008, regarding Outcome of Board Meeting, Amalgamated Electricity Company Ltd has informed BSE that in view of the present fluid market conditions, the Directors has decided to keep in abeyance the proposal for the Reduction of Capital and hold a Board Meeting for the purpose under more conductive circumstances.
Source: BSE    Date: 29th-Oct-2008

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