BSE Notices 31-7-2007

    Moschip Semiconductor Technology    
Moschip Semiconductor Technology Ltd has informed BSE that the Compensation Committee of the Company at its meeting held on July 31, 2007 has granted, in aggregate 4,000 stock options to the eligible employee of the Company under the MosChip Stock Option Plan-2002 at a price of Rs 21.25 per option (Closing Price as on July 30, 2007 at BSE). These options will vest after completion of one year, equally in a span of 4 years from the date of grant, and can be exercised within 5 years from the date of vesting.
Source: BSE    Date: 2007-07-31

    Cadila Healthcare    
Cadila Healthcare Ltd has announced the following Unaudited results for the quarter ended June 30, 2007: The Company has posted a net profit of Rs 664 million for the quarter ended June 30, 2007 as compared to Rs 492 million for the quarter ended June 30, 2006. Total Income (net of excise) has increased from Rs 3754 million for the quarter ended June 30, 2006 to Rs 4629 million for the quarter ended June 30, 2007. The Consolidated results are as follows: The Group has posted a net profit (adjustment on Consolidation) of Rs 739 million for the quarter ended June 30, 2007 as compared to Rs 584 million for the quarter ended June 30, 2006. Total Income (net of excise) has increased from Rs 4458 million for the quarter ended June 30, 2006 to Rs 5725 million for the quarter ended June 30, 2007.
Source: BSE    Date: 2007-07-31

Man Industries (India)    
Man Industries India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 31, 2007, inter alia, has considered and taken on record : 1. Split of face value of the equity shares from Rs 10/- each to Rs 5/- each. 2. Increase in the limits of Investment by FIIs upto 49% of the Issued Capital of the Company.
Source: BSE    Date: 2007-07-31

    Shipping Corporation of India    
Shipping Corporation of India Ltd has announced the following Unaudited results for the quarter ended June 30, 2007: The Company has posted a net profit after tax of Rs 2061.20 million for the quarter ended June 30, 2007 as compared to Rs 1820.10 million for the quarter ended June 30, 2006. Total Income has increased from Rs 8506.80 million for the quarter ended June 30, 2006 to Rs 9580.90 million for the quarter ended June 30, 2007.
Source: BSE    Date: 2007-07-31

    Birla Corporation    
Birla Corporation Ltd has announced the following Unaudited results for the quarter ended June 30, 2007: The Company has posted a net profit of Rs 974.80 million for the quarter ended June 30, 2007 as compared to Rs 623.60 million for the quarter ended June 30, 2006. Total Income (net of excise) has increased from Rs 3527.30 million for the quarter ended June 30, 2006 to Rs 4180.00 million for the quarter ended June 30, 2007.
Source: BSE    Date: 2007-07-31

    Torrent Pharmaceuticals    
Torrent Pharmaceuticals Ltd has announced the following Audited results for the quarter ended June 30, 2007: The Company has posted a net profit of Rs 332.40 million for the quarter ended June 30, 2007 as compared to Rs 314.20 million for the quarter ended June 30, 2006. Total Income has increased from Rs 2111.60 million for the quarter ended June 30, 2006 to Rs 2465.80 million for the quarter ended June 30, 2007. The Un-audited Consolidated results are as follows: The Group has posted a net profit of Rs 267.80 million for the quarter ended June 30, 2007 as compared to Rs 162.30 million for the quarter ended June 30, 2006. Total Income has increased from Rs 2964.10 million for the quarter ended June 30, 2006 to Rs 3345.70 million for the quarter ended June 30, 2007.
Source: BSE    Date: 2007-07-31

  Jindal Saw    
Jindal Saw Ltd has announced the following Unaudited results for the quarter ended June 30, 2007: The Company has posted a net profit of Rs 820.50 million for the quarter ended June 30, 2007 as compared to Rs 412.90 million for the quarter ended June 30, 2006. Total Income (net of excise) has increased from Rs 9620.70 million for the quarter ended June 30, 2006 to Rs 12869.90 million for the quarter ended June 30, 2007.
Source: BSE    Date: 2007-07-31

   Lupin    
Lupin Ltd has announced that on July 31, 2007 the Company has received the award for “Best New Manufacturer of the Year, Generics Rx” from AmerisourceBergen, a leader in healthcare distribution in the US. The award is in recognition of the Company’s contribution and commitment toward excellence as a Generic drug supplier in the US. “We are very pleased with the recognition that Lupin has received from AmerisourceBergen. Lupin launched its Generics Rx division in December 2005 and this award is a reflection of our continued and unwavering commitment to our customers in identifying, filing, launching and supplying important generic products,” said Dr. Kamal Sharma, Managing Director of the Company.
Source: BSE    Date: 2007-07-31

Vinati Organics    
Vinati Organics Ltd has informed BSE that the Company has entered into a long-term supply agreement with BASF, USA, world’s lamest producer of Ibuprofen. The Company has increased its Isobutyl benzene (IBB) manufacturing capacity to 14000 TPA and is the world’s largest producer with 70% market share. IBB is one of the key raw materials for making Ibuprofen. The supply agreement warrants BASF to buy majority of its IBB requirements from the Company up to 2011. The contract can be renewed for additional three years and is expected to contribute up to Rs 240 crore (at today’s raw material prices and USD / INR exchange rate) in revenue in the first five years. As per the contract the monthly selling price of IBB is adjusted based on monthly world prices of key raw materials and USD / INR exchange rate, thus minimizing the Company’s exposure to these variables. The production and supplies have ramped up since July and part of the benefit is already reflected in previous two - quarter results. The Company is also adding a new line to manufacture 2 - Acrylamido tertiary butyl sulfuric acid ATBS, which will increase its capacity from 3000 TPA to 8000 TPA. This expansion, scheduled to be completed by March 2008, will make the Company the world’s second largest producer of ATBS. ATBS is a specialty monomer used in Oilfield and mining chemicals, water-treatment, acrylic fiber, personal care, emulsions, adhesives etc. The world demand for ATBS is growing steadily and is expected to increase 2 to 3 fold with the production of Enhanced Oil Recovery polymers. The Company is in the process of finalizing long-term supply agreements for ATBS with worlds largest buyers based in USA and Europe.
Source: BSE    Date: 2007-07-31

   SVC Superchem    
SVC Superchem Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 27, 2007, inter alia, has transacted the following: 1. Mr. G S Tiwari has been re-appointed as Whole time Director for one year w.e.f. August 01, 2007. 2. Mr. Rattan Singh has been appointed as Nominee Director for IFCI Ltd w.e.f. July 27, 2007. 3. Annual General Meeting of the Shareholders of the Company will be held on September 26, 2007.
Source: BSE    Date: 2007-07-31

    Vinati Organics    
Vinati Organics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 31, 2007, inter alia, has decided to recommend to the members for issue of Bonus Shares by capitalization of reserves in the ratio of 1:2 i.e. One Bonus Share for every Two equity Shares held, subject to approval of members the ensuing Annual General Meeting.
Source: BSE    Date: 2007-07-31

Shivalik Global    
Shivalik Global Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 31, 2007, inter alia, has approved the new name of the Company as “STL Global Ltd”, subject to the approval of the shareholders and Central Government.
Source: BSE    Date: 2007-07-31

   Pearl Global    
Pearl Global Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 31, 2007, inter alia, has transacted the following: 1. The Board of Directors has approved delisting of Company’s Equity Shares from “The Delhi Stock Exchange Association Ltd.”, Delhi and “Ahmedabad Stock Exchange Ltd”, Ahmedabad, subject to approval of Shareholders. 2. The Board of Directors has approved Increase in Authorised Share Capital of the Company and Issuance of Preference Share Capital to its Holding Company, subject to the approval of Shareholders.
Source: BSE    Date: 2007-07-31

  Unitech    
Unitech Ltd has informed BSE that the shareholders at the Annual General Meeting (AGM) of the Company held on July 31, 2007, inter alia, have accorded the following: 1. Declared a dividend of 25% on Equity Shares of Rs 2/- each. 2. Raised the ceiling of Portfolio Investment in the Company. 3. Cancelled 10,00,000 preferences shares of Rs 100 each. 4. Increased Authorised Share capital of the Company from Rs 210 Crores to Rs 500 Crores. 5. Altered the Memorandum of Association consequent to Pt. 3 & 4 above. 6. approved Capitalisation of free reserves and Issue of Bonus shares in the ratio of 1:1. 7. amended the Article 101 of the Articles of Association.
Source: BSE    Date: 2007-07-31

  Rei Agro   
Rei Agro Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 31, 2007, inter alia, has considered and fixed a date for Annual General Meeting as September 20, 2007.
Source: BSE    Date: 2007-07-31

    Cairn India    
Cairn India Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 12, 2007 to September 20, 2007 (both days inclusive).
Source: BSE    Date: 2007-07-31

   Aurobindo Pharma    
Aurobindo Pharma Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 18, 2007 to September 27, 2007 (both days inclusive) for the purpose of payment of dividend & 20th Annual General Meeting (AGM) of the Company to be held on September 27, 2007.
Source: BSE    Date: 2007-07-31

    Aurobindo Pharma    
Aurobindo Pharma Ltd has announced the following Unaudited results for the quarter ended June 30, 2007: The Company has posted a net profit of Rs 585.40 million for the quarter ended June 30, 2007 as compared to Rs 362.10 million for the quarter ended June 30, 2006. Total Income (net of excise) has increased from Rs 4201.70 million for the quarter ended June 30, 2006 to Rs 5129.10 million for the quarter ended June 30, 2007. The Consolidated results are as follows: The Group has posted a net profit after minority interest of Rs 617.30 million for the quarter ended June 30, 2007. Total Income (net of excise) is Rs 5658.70 million for the quarter ended June 30, 2007.
Source: BSE    Date: 2007-07-31

   Aurobindo Pharma    
Aurobindo Pharma Ltd has informed BSE that the Compensation Committee of the Board at its meeting held on July 31, 2007, inter alia, has considered and approved the following: 1. Under ESOP-2004 Scheme, 16638 Equity Shares of Rs 5/- each at a premium of Rs 357.60 per share were allotted. 2. Under ESOP-2006 Scheme 5000 options were granted at a price of Rs 661.75 per option.
Source: BSE    Date: 2007-07-31

Vakrangee Software    
Vakrangee Softwares Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 31, 2007, inter alia, has considered and transacted the following: 1. The Board recommended dividend @ Rs 1.50 per share (15%) on Equity shares of Rs 10/- each for consideration and approval by the members of the Company. 2. Subject to the consent of the members of the Company the Board decided to increase the limit of investment by Foreign Institutional Investors up to 49% of the share capital of the Company. The Present holding of 40,38,974 equity Shares by FII’s constitutes 21.09% of the Paid-up Capital of the Company. 3. The Board decided to seek consent of the members of the Company by way of postal ballot for sale and / or transfer of rights of Proprietary Software Products namely Document Management Services (DMS) Software Human Capital Management (HCM) Software, and School ERP Software of the Company to M/s. V Techno Services Ltd (a Company under Incorporation) at a consideration of Rs 50.00 crores to be paid by the said Company by issue and allotment of 1.00 crore Equity shares of Rs 10/- each at a premium of Rs 40/- per share to the Company. On allotment of shares the said M/s. V Techno Services Ltd will become subsidiary of the Company. 4. The Board decided to increase the managerial remuneration of Mr. Dinesh Nandwana, the Managing Director of the Company, subject to the approvals of the members of the Company.
Source: BSE    Date: 2007-07-31

HCL Infosystems    
HCL Infosystems Ltd has informed BSE that the Committee of Directors (Share Allotment) on July 31, 2007 has allotted 22260 Equity Shares of Rs 2/- each (at a premium of Rs 105.63 per share), to the employees on exercise of their stock options under HCL INFOSYSTEMS LTD - Employee Stock Option Scheme (ESOS).
Source: BSE    Date: 2007-07-31

    BNR Udyog    
BNR Udyog Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 30, 2007, inter alia, has recommended dividend @ 7% to be paid to the equity shareholders.
Source: BSE    Date: 2007-07-31

    Sirpur Paper Mills  
Sirpur Paper Mills Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 07, 2007 to September 13, 2007 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the Company to be held on September 13, 2007.
Source: BSE    Date: 2007-07-31

  Godrej Consumer Products    
Godrej Consumer Products Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 31, 2007, inter alia, has approved the proposal to augment long term resource(s) of the Company through suitable instrument(s) for an amount upto Rs 400 Crores subject to approval of shareholders as necessary.
Source: BSE    Date: 2007-07-31

   Khaitan Electricals    
Khaitan Electricals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 31, 2007, inter alia, has approved Postal Ballot Notice U/s 293 (1)(a) of the Companies Act, 1956 for creation for mortagage / Charge and appointing Scrutinizer for conducting the Postal Ballot Process.
Source: BSE    Date: 2007-07-31

Supan Syntech    
Javelin Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 31, 2007, inter alia, has received an approval from the Registrar of Companies, Karnataka about the applied change of name. The name “SESHACHAL TECHNOLOGIES LTD” was approved. The change of name shall be put in next AGM along with necessary approvals and intimations to the regulatory agencies. Further the Company has informed that, the Board has discussed and fixed the Annual General Meeting of the Company on September 13, 2007.
Source: BSE    Date: 2007-07-31

    Satyam Computer Services    
Satyam Computer Services Ltd on July 31, 2007 has announced that it has signed two multimillion dollar contracts to support FIFA and its major forthcoming events. Thanks to the strength of its technical capabilities and flexible approach, the Company has not only been selected to develop a customized Event Management System for one of the world’s premier sports organizations, but it has also been chosen to build an Extranet and Intranet for FIFA over the next 12 months. The Company’s partnership will also include full, uninterrupted support for both solutions for FIFA, until the final whistle of each game. Working primarily from FIFA’s Zurich headquarters, the Company will provide in-country support for matches, It will also have teams work from offshore locations to enable lower costs and optimized CMM Level 5 quality. “We are delighted to have been chosen to deliver such critical applications for FIFA, and are committed to ensuring the success of managing its event logistics and Extranets / Intranet platforms,” said Dr. Keshab Panda, the senior vice president, director, and head of the Company’s European operations.
Source: BSE    Date: 2007-07-31

   United Phosphorous    
United Phosphorus Ltd has announced the following Un-Audited results for the quarter ended June 30, 2007: The Company has posted a net profit after tax & prior period adjustments of Rs 295.30 million for the quarter ended June 30, 2007 as compared to Rs 93.10 million for the quarter ended June 30, 2006. Total Income has increased from Rs 2996.50 million for the quarter ended June 30, 2006 to Rs 3589.10 million for the quarter ended June 30, 2007. The Consolidated results are as follows: The Group has posted a profit after tax with Share of Profit in Associated Co. of Rs 737.80 million for the quarter ended June 30, 2007 as compared to Rs 540.70 million for the quarter ended June 30, 2006. Total Income has increased from Rs 4804.00 million for the quarter ended June 30, 2006 to Rs 8450.30 million for the quarter ended June 30, 2007.
Source: BSE    Date: 2007-07-31

  Accel Frontline    
Accel Frontline Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 04, 2007 to September 06, 2007 (both days inclusive) for the purpose of Annual General (AGM) of the Company.
Source: BSE    Date: 2007-07-31

Golden Breweries Ltd    
Rainbow Breweries Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 15, 2007 to September 29, 2007 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on September 29, 2007.
Source: BSE    Date: 2007-07-31