NSE TOP 5 GAINERS (31-March-2008)

NSE TOP 5 Losers (31-March-2008)

BSE TOP 5 GAINERS(31-March-2008)

BSE TOP 5 Losers(31-March-2008)

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Ten Most Active Securities (31-March-2008)

    Tanla Solutions   
Tanla Solutions Limited has informed the Exchange that Pursuant to Section 192A (2) of the Companies Act, 1956 (“Act”), read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, the draft resolutions relating to sub-division of Equity Shares of the Company and alteration of the Capital Clause of the Memorandum of Association of the Company under the provisions of Sections 94 (1) (d) and 16 respectively, of the Act are proposed to be passed by Postal Ballot: 1) Ordinary Resolution under Section 94 of the Companies Act, 1956 for sub-division of the Equity Shares of the Company of face value of Rs. 2/- each into face value of Re. 1/- each. 2) Ordinary Resolution under Section 16 of the Companies Act, 1956 for alteration of the capital clause of Memorandum of Association of the Company consequent upon sub-division of the Equity Shares of the Company of face value of Rs. 2/- each into face value of Re. 1/- each. The Company has appointed Mr. K. V. S. Subramanyam, FCS, Partner, AGR Reddy & Co, Company Secretaries, as the Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The duly completed Postal Ballot forms should reach the scrutinizer not later than the close of working hours on or before April 21, 2008. The Scrutinizer will submit his report to the Chairman after completion of the scrutiny of the Postal Ballot forms and the results of the Postal Ballot will be announced on April 24, 2008. The details of the Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
Source: NSE    Date: 2008-03-31

    Sundaram-Clayton
Sundaram Clayton Ltd has informed the Exchange that the Hon’ble High court of Madras vide its order dated February 20, 2008 has sanctioned the Scheme of Arrangement between the Company and WABCO-TVS (INDIA) Limited and their respective shareholders and creditors. The certified copy of the Hon’ble High Court of Madras has been filed with the Registrar of Companies, Chennai, Tamilnadu (ROC), on March 28, 2008, and hence the Scheme has become effective from March 28, 2008, being the ‘effective date’ as defined under the Companies Act, 1956.
Source: NSE    Date: 2008-03-31

    Sterling Biotech  
Sterling Biotech Limited has informed the Exchange regarding the standalone Results for the year ended on 31-DEC-2007 as follows: Net Sales of Rs. 91084.76 lacs for year ending on 31-DEC-2007 against Rs. 60585.36 lacs for the year ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 18370.53 lacs for the year ending on 31-DEC-2007 against Rs. 13479.6 lacs for the year ending on 31-DEC-2006.
Source: NSE    Date: 2008-03-31

    Alphageo (India)   
Alphageo (India) Limited has informed the Exchange that the Board of Directors at their meeting held on March 28, 2008 have allotted 96,900 Equity Shares of Rs. 10/- each to Promoter and Promoter Group by conversion of Share Warrants as per the details furnished below: 1) Name of the Promoter / Promoter Group :- Sri Alla Dinesh, No. of Equity Shares allotted :- 8,400 Equity Shares of Rs. 10 each fully paid up. 2) M/s. Aquilla Drilling Private Limited, No. of Equity Shares allotted :- 88,500 Equity Shares of Rs. 10 each.Alphageo (India) Limited has informed the Exchange that the Board of Directors at their meeting held on March 28, 2008 have allotted 96,900 Equity Shares of Rs. 10/- each to Promoter and Promoter Group by conversion of Share Warrants as per the details furnished below: 1) Name of the Promoter / Promoter Group :- Sri Alla Dinesh, No. of Equity Shares allotted :- 8,400 Equity Shares of Rs. 10 each fully paid up. 2) M/s. Aquilla Drilling Private Limited, No. of Equity Shares allotted :- 88,500 Equity Shares of Rs. 10 each.
Source: NSE    Date: 2008-03-31
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       Almondz Global Securities 
Almondz Global Securities Ltd has informed BSE that the Hon’ble High Court of Delhi at New Delhi approved the Scheme of Amalgamation of Almondz Capital Markets Pvt Ltd (Transferor Company) with Almondz Global Securities Ltd (Transferee Company) vide Order dated February 05, 2008. A certified copy of the order was received by the Company on March 05, 2008, which has been filed, electronically as well as physically, with the Registrar of Companies, NCT of Delhi & Haryana on March 31, 2008. With the aforesaid filing, the Scheme of Amalgamation has become effective from March 31, 2008 which is operative w.e.f. April 01, 2006, being the Appointed Date under the Scheme of Amalgamation, and accordingly Almondz Capital Markets Pvt Ltd has been amalgamated with Almondz Global Securities Ltd.
Source: BSE    Date: 2008-03-31

   Talbros Automotive Components    
Talbros Automotive Components Ltd has informed BSE that the Share Issue Committee of the Company at its Meeting held on March 31, 2008 has allotted 556000 Equity Shares of face value of Rs 10 per share pursuant to conversion of 556000 Zero Coupon fully Convertible Warrants issued @ Rs 65 per Warrant (being 1 Warrant Convertible into 1 Equity Share) aggregating to Rs 3.61 crores with lock in period of 3 years i.e. upto March 28, 2010 to the following allottees: 1. Name of the Allottee : Q H Talbros Ltd – 376000 no of Equity Share allotted 2. Name of the Allottee : Talbros International Ltd – 90000 no of Equity Share allotted 3. Name of the Allottee : Talbros Motors (P) Ltd – 90000 no of Equity Share allotted.
Source: BSE    Date: 2008-03-31

Power Grid Corporation of India
Power Grid Corporation of India Ltd (POWERGRID), the Central Transmission Utility, under the aegis of Ministry of Power, Government of India, signed a loan agreement with Asian Development Bank (ADB), Manila for US$ 400 million on March 28, 2008. Loan Agreement has been signed by Dr. R P Singh, Chairman and Managing Director, POWERGRID and Mr. Tadashi Kondo, Country Director, INRM, ADB, in the presence of officials from Ministry of Finance and Ministry of Power. Government of India has extended guarantee for this loan. This Loan is part of ADB’’s newly introduced loan facility called Multi-tranche Financing Facility (MFF), which is based on time-sliced approach under which loan assistance can be availed in number of tranches depending upon funding requirement. This is a unique feature in itself. A Framework Financing Agreement (FFA) for MFF had been signed with ADB for US$ 600 million. The MFF loan will be drawn in two tranches, of which this loan of US$ 400 million constitutes first tranche. Ministry of Power has accorded high priority to the development of power sector. It has set an ambitious task of providing “Power to all by 2012″. Massive resources are required to carry out the expansion plan and meet the targets. Towards this, the Company has not only tapped domestic markets, but has also been arranging funds from multilateral funding agencies. Signing of this loan of US$ 400 Million between the Company and ADB is a major milestone in this direction. The loan will be utilized to finance part of the fund requirement of the Company’’s projects, namely (i) ?800kV High Voltage Direct Current (HVDC) lines under “North Eastern – Northern / Western Region Interconnector-I Project” and (ii) 800kV High Voltage Alternating Current (HVAC) Substations under “Upgradation of Transmission Capacity from Uttarakhand Project”. The identified transmission projects involve the latest technology of ?800kV HVDC bipole lines and Gas Insulated Substation at 800kV level. North Eastern – Northern / Western Region Interconnector-I Project involves 1800 kms long ?800kV HVDC 6000MW bipole lines from Biswanath Chariyali in Assam of Northeastern Region to Agra in western part of Uttar Pradesh of Northern Region to facilitate transmission of power from Northeastern Region and Sikkim / Bhutan to power deficit regions like Northern and Western Regions. Upgradation of Transmission Capacity from Uttarakhand Project involves transformation capacity addition of 5000 MVA, and will facilitate transmission of hydro power generated from Tehri valley to Northern Region constituents. The Company, which is responsible for developing and operating Regional and National Transmission Grid, has a long association with ADB and has already availed three loans amounting to US$ 925 million for its various transmission projects. This is the fourth loan to the Company from ADB having a 25 year term.
Source: BSE    Date: 2008-03-31

   Grasim Industries   
Grasim Industries Ltd has informed BSE that the ESOS Compensation Committee of the Board of Directors of the Company has cancelled 24,920 Stock Options granted earlier to some of the eligible employees of the Company in terms of ESOS 2006.
Source: BSE    Date: 2008-03-31
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Indian Stock Market Tips of The Day (31-Mar, 2008)

BSE TOP 5 GAINERS(28-March-2008)

BSE TOP 5 Losers(28-March-2008)

NSE TOP 5 GAINERS (28-March-2008)

NSE TOP 5 Losers (28-March-2008)

Ten Most Active Securities (28-March-2008)