BSE Notices 30-06-2008

       Godrej Industries      
Godrej Industries Ltd has informed BSE that Godrej Agrovet Ltd (GAVL) (a subsidiary of Godrej Industries Ltd) has transferred its poultry business to Godrej Foods Ltd (GFL) (a subsidiary of GAVL). GAVL through GFL has formed a 49:51 Joint Venture with Tyson India Holdings Ltd (a subsidiary of Tyson Foods Inc., USA).
Source: BSE    Date: 2008-06-30

    Idea Cellular
Lazard India Pvt Ltd (”Manager to the Offer”), on behalf of Idea Cellular Ltd (”Acquirer”) alongwith TMI India Ltd , TMI Mauritius Ltd, TM International Berhad and Green Acre Agro Services Pvt Ltd (”Persons Acting in Concert” or “PACs”) has issued this Public Announcement (”PA”) to the Equity Shareholders of Spice Communications Ltd (”Target Company”), pursuant to and in compliance with Regulation 10, Regulation 11 and Regulation 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 (”SEBI (SAST) Regulations” or “Regulations”). Except for the Persons Acting in Concert, no other person/individual/entity is acting in concert with the Acquirer for the purposes of this Offer. The Offer: The Acquirer and the PACs are making an open offer to acquire up to 137,985,050 equity shares (”Shares”) of the face value of Rs 10 each, representing in aggregate 20% of the paid-up equity share capital of Target Company in terms of Regulation 21(1) of the SEBI(SAST) Regulations, at a price of Rs 77.30 per share (Rupees Seventy Seven and thirty paise only) (”Offer Price”) payable in cash subject to the terms and conditions mentioned in PA. Schedule of Activities: Specified Date - July 14, 2008 Date of Opening of the Offer - August 22, 2008 Date of Closing of the Offer - September 11, 2008
Source: BSE    Date: 2008-06-30

    Indowind Energy  
Indowind Energy Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 07, 2008, to consider forming an overseas subsidiary Company.
Source: BSE    Date: 2008-06-30

    Sutlej Textiles and Industries   
Sutlej Textiles & Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has recommended a divided of 10% (Re 1 per share) for the year ended March 31, 2008.
Source: BSE    Date: 2008-06-30

    Real Strips   
Real Strips Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has recommended Dividend of 10% on Equity Shares for the year 2007-08.
Source: BSE    Date: 2008-06-30

    Amrutanjan
Amrutanjan Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has recommended payment of Final Dividend at the rate of 30% (Rs 3/- per share) on the Equity Share Capital of Rs 3.20 crores for the year ended March 31, 2008 apart from Interim Dividend @ 40%, already paid during February, 2008. Dividend declared for the previous year was 60% on the Equity Share Capital of Rs 3.20 crores.
Source: BSE    Date: 2008-06-30

    Jeypore Sugar Company   
Jeypore Sugar Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has recommended a dividend of 10% for the year ended March 31, 2008 subject to the approval of the shareholders.
Source: BSE    Date: 2008-06-30

    Dolphin Offshore Enterprises (I)   
Dolphin Offshore Enterprises India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has recommended 25% dividend for the approval of the Shareholders at the ensuing Annual General Meeting.
Source: BSE    Date: 2008-06-30

    Rohit Pulp and Paper Mills   
Rohit Pulp & Paper Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 27, 2008, inter alia, has transacted the following business: 1. The Board has approved the alteration in Objects Clause of the Memorandum of Association of the Company subject to the consent of shareholders by introducing realty and infrastructure as the main objects of the Company. 2. The Board has also approved the adoption of new set of Articles of Association confirming to amended sections of the Companies Act, 1956 and Table A subject to the shareholders. 3. The Board has taken on record the certificate from Merchant Bankers dated June 13, 2008 that the acquirers (Marathon Realty Pvt Ltd, together with persons acting in concert) have completed the formalities relating to the open offer as stipulated under SEBI (Substantial Acquisition of Shares and Takeovers) Regulation and subsequent amendments thereof. 4. The Board has taken on record that consequent to the completion of formalities as stipulated under SEBI (Substantial Acquisition of Shares and Takeovers) Regulation and subsequent amendments thereof the management of the Company’s with the Acquires. 5. The Board has approved the shifting of the Registered Office of the Company from Rohit Chambers, Janmabhoomi Marg, Fort, Mumbai - 400 001 to Marathon Nextgen, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400 013 with immediate effect. 6. The Board has accepted the resignation of the following Directors: i. Mr. J M Patel ii. Mr. R J Patel iii. Mr. B H Patel iv. Mr. Pravinchandra V Gandhi and v. Mr. Iqbal M Khan
Source: BSE    Date: 2008-06-30

    Glittke Granites   
Glittek Granites Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has approved the following: 1. Appointment of Shri. Amit Dhanuka, Chartered Accountant, as additional independent director to make the Board independent directors compliant. 2. Delisting of shares from Bangalore Stock Exchange Ltd. 3. The Board has not declared any dividend in the absence of the inadequate profit.
Source: BSE    Date: 2008-06-30

    Sintex India  
Sintex Industries Ltd has informed BSE that in a circular resolution passed on June 30, 2008, the Board of Directors of the Company have considered and approved a Scheme of Arrangement (”the Scheme”) between the Company and its equity shareholders. The Scheme envisages a financial restructuring exercise for the Company by earmarking an amount of INR 200 crore from its Securities Premium Account as on March 31, 2008 towards the “International Business Development Reserve”. International Business Development Reserve so created would be utilized towards the Company’s inorganic growth related costs as may be identified by the management of the Company to be appropriate, on stand alone as well as consolidated basis. The Scheme is subject to requisite consents / approvals of the requisite majority of the shareholders of the Company, the Hon’ble High Court of Gujarat at Ahmedabad, Stock Exchanges, the permission or approval of any other statutory or regulatory authorities, which by law may be necessary for the implementation of the Scheme.
Source: BSE    Date: 2008-06-30

    Control Print (India)
Control Print India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, have recommended a dividend @ 20%.
Source: BSE    Date: 2008-06-30

    Indo Rama Synthetics (India)
Indo Rama Synthetics India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, have recommended a dividend of Re 1.00 per share (10%) on equity shares for the year 2007-08 to be paid out of the Accumulated Profits of the previous years Reserves subject to necessary approval, if any.
Source: BSE    Date: 2008-06-30

    ABG Shipyard  
ABG Shipyard Ltd has informed BSE that the Company has delivered two vessels as per the following details.
Source: BSE    Date: 2008-06-30

    Sun TV Network   
Sun TV Network Ltd has informed BSE regarding a Press Release dated June 30, 2008 titled “Earnings Release for the year ended March 31, 2008; Total Income up by 27.48% and PAT higher by 36.52%”.
Source: BSE    Date: 2008-06-30

    BSEL Infrastructure Realty
BSEL Infrastructure Realty Ltd has informed BSE that the Company’s Wholly Owned Subsidiary - BSEL Infrastructure Realty FZE’s project of 80 lacs sq feet is going at rapid speed and witnessing very good response from the customers. During the year and quarter ended March 31, 2008 the WOS has witnessed the following achievements a. The consolidated Audited Results for year ended March 31, 2008 includes Sales of UAE Project of Rs 33,154.79 Lacs with net profit of Rs 9,672.90 lacs. b. The consolidated Audited Results for quarter ended March 31, 2008 includes Sales of UAE Project of Rs 10,870.13 Lacs with net profit at Rs 2,852.83 lacs.
Source: BSE    Date: 2008-06-30

    Maithan Alloys   
Maithan Alloys Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has approved Redemption of 3,60,000 10% Cumulative Non Convertible Redeemable Preference Shares of Rs 100/- each at a premium of Rs 50/- per share the redemption will be made to holders appearing on July 07, 2008 in the Books of the Company in July 15, 2008.
Source: BSE    Date: 2008-06-30

    Impex Ferro Tech
Impex Ferro Tech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, subject to the approval of the members, has re-appointed Mr. Suresh Kumar Patni as Managing Director of the Company for a period of 5 years w.e.f. July 01, 2008 on the terms and condition as setout in the agreement approved by the board on behalf of the Company. Further, subject to the approval of the members, the board of directors has re-appointed Mr. Virendra Kumar Jain as Whole time Director of the Company for a period of 5 years w.e.f. July 01, 2008 on the terms and condition as setout in the agreement approved by the board on behalf of the Company.
Source: BSE    Date: 2008-06-30

    Satyam Computer Services   
Satyam Computer Services Ltd has informed BSE regarding a Press Release titled “Satyam BPO Ranked No. 2 BPO Vendor globally”.
Source: BSE    Date: 2008-06-30

    Rei Agro
Rei Agro Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has : 1. Recommended a dividend @ 15% on the Equity Shares and @ 4% on Non-Convertible Redeemable Preference for the year ended March 31, 2008. 2. Reappointed Sh. Sandip Jhunjhunwalal as the Managing Director of the Company.
Source: BSE    Date: 2008-06-30

    Metal Coatings (India)     
Metal Coatings India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has recommended dividend @ 10% for the year ended March 31, 2008.
Source: BSE    Date: 2008-06-30

    Abirami Financial Services (India)     
Abirami Financial Services India Ltd has informed BSE that the 15th Annual General Meeting (AGM) of the members of the Company was held on June 23, 2008.
Source: BSE    Date: 2008-06-30

    Abirami Financial Services (India)   
Abirami Financial Services India Ltd has informed BSE that at the Board Meeting held on June 23, 2008, Mr. T S Ramakrishnan & Mr. A Kanaga Sabesan were appointed as additional cum independent directors of the Company.
Source: BSE    Date: 2008-06-30

    Satra Properties India
Satra Properties India Ltd has informed BSE that further to approval of Investments to be made in Satra International Realtors Ltd., a Wholly Owned Subsidiary (WOS) Company incorporated in Dubai (UAE), the Company has invested an amount of INR. 26 Crores. SATRA INTERNATIONAL REALTORS LTD has entered into an Agreement for Purchase of Freehold Property at site Majan, Dubai, consisting of 24,217 sq. ft. of plot area and 96,868 sq. ft. of BUA in Majan Development Site Plan No. MUE.031. The said property is purchased for a consideration of AED 25,573,152/- (United Arab Emirates Dirham Twenty Five Million five hundred seventy three thousand one hundred fifty two only). The said Project in Dubai is proposed to he developed for Commercial Offices with Modern and Hi end amenities and shall consist of ground plus 9 floors. The Total cost of the said project is estimated at approx. INR 120 Crores and has the capacity to generate the Total Revenue of approx. INR 180 Crores. The said Project is scheduled to commence within four months and is scheduled to be completed within 18 months thereafter.
Source: BSE    Date: 2008-06-30

    Aban Offshore
With reference to the earlier announcement dated May 12, 2008 regarding a Letter of intent from Husky Oil for a one well contract for the rig Murmanskaya, Aban Offshore Ltd now has informed BSE that due to unforeseen circumstances not known at the time of agreeing the LOI, the letter of intent has been terminated. The rig has been mobilized to Singapore and the Company is actively marketing the same.
Source: BSE    Date: 2008-06-30

Simplex Infrastructures     
Simplex Infrastructures Ltd has informed BSE regarding a Press Release titled “Simplex Infra Net up 68%”.
Source: BSE    Date: 2008-06-30

    Kaashyap Technologies  
Kaashyap Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has decided the following.
Source: BSE    Date: 2008-06-30

    Shrenuj and Company  
Shrenuj & Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has recommended a dividend of 40% for the financial year ended March 31, 2008.
Source: BSE    Date: 2008-06-30

    India Cements   
India Cements Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has recommended a dividend of 20% (Rs 2/- per equity share of Rs 10/- each) on 281881157 equity shares for the year 2007-08. Further the Company has informed that, the Register of Members & Share Transfer Books of the Company will remain closed from August 20, 2008 to August 28, 2008 (both days inclusive) for the purpose of payment of dividend & Annual General meeting (AGM) of the Company to be held on August 28, 2008.
Source: BSE    Date: 2008-06-30

    Silktex     
Silktex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has recommended the Final Dividend @ 7.5% for the year 2007-08 on the paid up equity shares of Rs 10/- each of the Company subject to approval by the shareholders at the AGM.
Source: BSE    Date: 2008-06-30