BSE Notices 30-05-2008

    Envair Electrodyne  
Envair Electrodyne Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2008, inter alia, has recommended a dividend @ 7% per Equity Share for the Financial year 2007-08.
Source: BSE    Date: 2008-05-30

    Deepak Fertilizers and Petrochemicals Coprn   
Deepak Fertilisers & Petrochemicals Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2008, inter alia, has recommended dividend of 35% (Previous Year 30%) on Equity Shares of the Company for the year ended March 31, 2008.
Source: BSE    Date: 2008-05-30

    Union Bank of India
Union Bank of India has informed BSE that the Register of Members & Share Transfer Books of the Bank will remain closed from June 19, 2008 to June 25, 2008 (both days inclusive) for the purpose of payment of dividend & 6th Annual General Meeting (AGM) of the Bank to be held on June 25, 2008.
Source: BSE    Date: 2008-05-30

    UB Engineering
UB Engineering Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on May 30, 2008, Mr. J K Sardana, Chief Operating Officer, was co-opted as an Additional Director and also appointed as “Executive Director”. The Board has also co-opted Mr. Sudhir Goyal, as an “Additional Director”.
Source: BSE    Date: 2008-05-30

    Indo Tech Transformers   
Indo Tech Transformers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2008, inter alia, has recommended a dividend of Rs 6.00 (60%) per equity share of Rs 10/- each.
Source: BSE    Date: 2008-05-30

Power Grid Corporation of India
    Power Grid Corporation of India Ltd has informed BSE that Dr. R P Singh, on acceptance of his resignation by President of India, communicated vide Office Order dated May 30, 2008 of Ministry of Power, GoI, has relinquished the charge of post of Chairman & Managing Director, POWERGRID w.e.f. May 30, 2008 and handed over the charge to Shri. S Majumdar, Director (Projects). In pursuance of the said Order of MOP, Shri. S Majumdar, Director (Projects), POWERGRID has assumed the additional charge of the post of Chairman & Managing Director, POWERGRID May 30, 2008 for a period of three months or until further orders, whichever is earlier.
Source: BSE    Date: 2008-05-30

    Sanghvi Movers   
Sanghvi Movers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2008, inter alia, has recommend Dividend of Rs 3/- per Equity Share (150%) on Equity Shares for the year ended March 31, 2008, subject to approval of Members at the ensuing Annual General Meeting.
Source: BSE    Date: 2008-05-30

   Cinemax India  
Cinemax India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2008, inter alia, have also decided that the Company to diversify to films production and distribution business through SPV subject to all necessary approvals.
Source: BSE    Date: 2008-05-30

    Satyam Computer Services    
    Satyam Computer Services Ltd has informed BSE regarding a Press Release dated May 30, 2008 titled “SATYAM Plans Expansion in Chennai at SHRIRAM - THE GATEWAY SEZ”.
Source: BSE    Date: 2008-05-30

    Sankhya Infotech  
Sankhya Infotech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2008, inter alia, has considered the following: 1. The board recommended 12% dividend for the Year 2007-2008. 2. The Company has added Eleven new customers of which three are large customers with multiyear contracts. 3. The Company has added a new product delivery model of Software as a Service for its SILICON suite of products.
Source: BSE    Date: 2008-05-30

    Colgate Palmolive (India)   
Colgate Palmolive India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2008, inter alia, has approved recommendation of a final dividend of Rs 7/- [seven only] per share on 133,992,817 equity shares of Rs 1/- each for the year ended March 31, 2008. This dividend, if approved by the Members at the ensuing Annual General Meeting to be held on July 17, 2008, will be paid on or about July 30, 2008 to those Members whose names appear in the Company’’s Register of Members on July 17, 2008. However, in respect of shares held in electronic form, the dividend will be payable to those persons whose names appear as beneficial owners as at the end of the business hours on July 09, 2008 as per details thereof to be furnished by the depositories. Further the Company has informed that the Register of Members & Share Transfer Books of the Company will remain closed from July 10, 2008 to July 17, 2008(both days inclusive) for the purpose of payment of final dividend & Annual General Meeting (AGM) of the Company to be held on July 17, 2008.
Source: BSE    Date: 2008-05-30

    Elpro International  
With reference to the earlier announcement dated May 13, 2008 about Board resolution passed on May 12, 2008, Elpro International Ltd has now informed BSE that the resolution was for “3,95,000 Convertible warrants of Mavi Investment Fund Ltd to be converted into equivalent number of Equity shares of Rs 10/- each” and not “4,40,000 Convertible warrants of Mavi Investment Fund Ltd to be converted into equivalent number of equity shares of Rs 10/- each” The correct resolution should be read as follows: - “Pursuant to receipt of balance 90% of subscription money and a request letter from Mavi Investment Fund Ltd and in terms of section 81 (1A) of the Companies Act and other applicable provisions, if any, of the Companies Act, 1956 and in accordance with the provisions of Articles of Association of the Company 395000 Convertible warrants of Mavi Investment Fund Ltd be converted into equivalent number of Equity shares of Rs 10/- (Rupees Ten Only) each at a premium of Rs 601/- (Rupees Six Hundred and One Only). Shall rank pari passu to the existing shares of the Company.”
Source: BSE    Date: 2008-05-30

    Colgate Palmolive (India)  
Colgate Palmolive India Ltd has announced the following Audited results for the quarter & year ended March 31, 2008: The results for the Quarter ended March 31, 2008 The Company has posted a net profit after tax of Rs 556.20 million for the quarter ended March 31, 2008 as compared to Rs 505.90 million for the quarter ended March 31, 2007. Total Revenue has increased from Rs 3606.00 million for the quarter ended March 31, 2007 to Rs 4127.30 million for the quarter ended March 31, 2008. The results for the Year ended March 31, 2008 The Company has posted a net profit after tax of Rs 2317.10 million for the year ended March 31, 2008 as compared to Rs 1601.70 million for the year ended March 31, 2007. Total Revenue has increased from Rs 13621.40 million for the year ended March 31, 2007 to Rs 15581.60 million for the year ended March 31, 2008. The Consolidated results are as follows: The consolidated results for the Year ended March 31, 2008 The Group has posted a net profit after tax of Rs 2357.60 million for the year ended March 31, 2008 as compared to Rs 1483.90 million for the year ended March 31, 2007. Total Revenue has increased from Rs 13615.50 million for the year ended March 31, 2007 to Rs 15510.30 million for the year ended March 31, 2008.
Source: BSE    Date: 2008-05-30

    Colgate Palmolive (India)    
Colgate Palmolive India Ltd has informed BSE regarding a Press Release dated May 30, 2008 titled “Colgate’s FY 2007-08 Net Sales up 14%, Net Profit from Operations up 25%; Dividend increased by 37% to Rs 13.00 / Share”.
Source: BSE    Date: 2008-05-30

    Dabur Pharma    
Dabur Pharma Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 30, 2008 have: 1) Decided to convene the Annual General Meeting of the Company on July 21, 2008. 2) Fixed the Book Closure period for the annual closure from July 07, 2008 to July 21, 2008 (both days inclusive). 3) Not recommended any dividend for the year. 4) Recommended the appointment of Mr. Mohit Burman, who was appointed as an additional director on the board of the Company on July 26, 2007, as a director liable to retire by rotation. 5) Recommended the re-appointment of Mr. Ajay K Vij as a Whole Time Director of the Company for another period of 5 years w.e.f. December 02, 2008.
Source: BSE    Date: 2008-05-30

    Cheviot Company  
Cheviot Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2008, inter alia, has recommended a dividend @ 100% i.e. Rs 10/- Per Share on 45,11,250 Ordinary Shares of the face value of Rs 10 each amounting to Rs 451.13 Lakhs for the year ended March 31, 2008 subject to approval of the members at the forthcoming Annual general meeting.
Source: BSE    Date: 2008-05-30

    Valiant Communications.  
Valiant Communications Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2008, inter alia, has transacted the following: 1. Proposed and recommended the payment of Dividend at the rate of 10% (TEN PERCENT) for the Financial Year ended on March 31, 2008, subject to the approval of members in their 15th Annual General Meeting. 2. Shri. Avinash Verma has been appointed as an Additional Non Executive Independent Director of the Company. Further, he has been elected as a member of the Audit Committee, Investors Grievance Committee and Remuneration Committee. 3. Shri. Anil Tandon has been appointed as an Additional Executive Director of the Company.
Source: BSE    Date: 2008-05-30

    Dabur Pharma  
Dabur Pharma Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2008, inter alia, have : 1. Not recommended any dividend for the year. 2. Recommended the appointment of Mr. Mohit Burman, who was appointed as an additional director on the board of the Company on July 26, 2007, as a director liable to retire by rotation. 3. Recommended the re-appointment of Mr. Ajay K Vij as a Whole Time Director of the Company for another period of 5 years w.e.f. December 02, 2008.
Source: BSE    Date: 2008-05-30

    Dabur Pharma  
Dabur Pharma Ltd has informed BSE regarding a Press Release dated May 30, 2008 titled “Dabur Pharma FY08 revenue at Rs 2503 million; EBITDA at Rs 431.7 million”.
Source: BSE    Date: 2008-05-30

    Sanco Trans   
Sanco Trans Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2008, inter alia, has recommended a dividend at the rate of 27% on the equity share capital for the year ended March 31, 2008 and a special dividend of 45% on the equity share capital on the occasion of the Golden Jubilee of Founder Shri. K Santhanam Reddiar’’s institutions.
Source: BSE    Date: 2008-05-30

    Divyashakti Granites  
Divyashakti Granites Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2008, inter alia, has recommended a Dividend of 15% for the year subject to approval of Shareholders.
Source: BSE    Date: 2008-05-30

    IG Petrochemicals   
IG Petrochemicals Ltd has informed BSE that the Members of the Company will consider to approve, by way of Postal Ballot, the resolution, to mortgaging and / or charging by the Board of Directors of the Company of all or any of the immovable and / or movable properties of the Company wheresoever situate, present and future and the whole of the undertaking(s) of the Company, together with the power to take over the management and business of the Company in certain events in favour of the Financial Institutions, Banks, and / or others to secure the present and future term loans / foreign currency loans / external commercial borrowings for an aggregate nominal value not exceeding Rs 500 crores together with interest, additional interest, commitment charges, costs, charges, expenses and other monies including any increase on account of revaluation / devaluation / fluctuation in the rates of foreign currencies involved, payable by the Company to the Financial Institutions, Banks and / or others in terms of their respective loan agreements / letters of sanction / Memorandum of terms and conditions in respect of the said lords, such security to rank pari passu with the mortgages and / or charges created or to be created by the Company or in such manner as may he agreed to between the concerned parties and the Board of Directors of the Company.
Source: BSE    Date: 2008-05-30

    Compact Disc
Compact Disc India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, to consider the following: 1. To consider and approve the audited financial results for the year 2007-08. 2. To consider and approve the revised business plan for the year 2008-09. 3. To consider and approve the dividend for the year 2007-08. 4. To consider and approve the maximum capital investment in Laser Infomedia Ltd, a promoter’s group Company to develop and publish Gaming Software. 5. To appoint new directors and accept resignations of few existing directors.
Source: BSE    Date: 2008-05-30

    Karur Vysya Bank
Karur Vysya Bank Ltd has informed BSE that the Board of Directors of the Bank at its meeting held on May 29, 2008, has constituted a Compensation Committee of the Board to consider the feasibility of implementing an Employee Stock Option Scheme in the Bank.
Source: BSE    Date: 2008-05-30

    Sobha Developers
Sobha Developers Ltd has informed BSE that an Annual General Meeting (AGM) of the members of the Company will be held on July 24, 2008.
Source: BSE    Date: 2008-05-30

    Ranbaxy Laboratories  
Ranbaxy Laboratories Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on May 30, 2008, inter alia, have unanimously approved the following:
Source: BSE    Date: 2008-05-30

    Sobha Developers  
Sobha Developers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2008, inter alia, has recommended a dividend of Rs 6.50 (65%) per equity share of Rs 10 each for the year ended on March 31, 2008, subject to the approval of the Members of the Company in its ensuing 13th Annual General Meeting of the Company. Further the Company has informed that, the Register of Members & Share Transfer Books of the Company will remain closed from July 18, 2008 to July 24, 2008 (both days inclusive) for the purpose of payment of dividend.
Source: BSE    Date: 2008-05-30

    Hazoor Multi Projects
Hazoor Multi Projects Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2008, inter alia, have considered and made the allotment of 11,25,000 Equity Shares of Rs 4/- each at a price of Rs 16/- each (Rs 4/- each at a premium of Rs 12/- each) on conversion of equivalent number of share warrants out of 85,00,000 share warrants issued and allotted on Preferential Allotment Basis as shown below: - Name of the Allottees : Sunnidhi Infrastructure Developers Pvt Ltd - Number of Equity Shares Allotted on conversion: 11,25,000 - Category of Allottees : Body Corporate from Public - non promoter With this allotment of 11,25,000 Equity shares the Company’’s capital has increased from 2,39,00,000 Equity shares of Rs 4/- each aggregating to Rs 9,56,00,000/- to 2,50,25,000 Equity Shares of Rs 4/- each aggregating to Rs 10,01 00,000/-.
Source: BSE    Date: 2008-05-30

    Sobha Developers   
Sobha Developers Ltd has announced the following results for the quarter & year ended March 31, 2008: The Unaudited results for the Quarter ended March 31, 2008 : The Company has posted a net profit of Rs 702 million for the quarter ended March 31, 2008 as compared to Rs 620 million for the quarter ended March 31, 2007. Total Income has increased from Rs 3589 million for the quarter ended March 31, 2007 to Rs 4765 million for the quarter ended March 31, 2008. The figures for the quarter ended March 31, 2007 are audited. The Audited results for the Year ended March 31, 2008 : The Company has posted a net profit of Rs 2283 million for the year ended March 31, 2008 as compared to Rs 1615 million for the year ended March 31, 2007. Total Income has increased from Rs 11894 million for the year ended March 31, 2007 to Rs 14345 million for the year ended March 31, 2008.
Source: BSE    Date: 2008-05-30

   Gujarat Industries Power Co.    
Gujarat Industries Power Company Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 10, 2008, to consider and adopt the Audited Annual Accounts for the Financial Year and 4th Quarter ended on March 31, 2008 and also for recommendation of Dividend, if any.
Source: BSE    Date: 2008-05-30