Indian Stock Market Tips of The Day(18-May, 2009)

Prithvi Information Solutions

Prithvi Information Solutions Limited has informed the Exchange regarding Press Note dated May 15, 2009. The details of the same 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: 16th-May-2009
Aarti Drugs

Aarti Drugs Ltd. has informed the Exchange vide its letter dated May 15, 2009 that “The Board of Directors of the Company at its meeting held on October 20, 2008 has duly appointed Shri Krishnacharya Govindacharya Akamanchi & Prof. Sudhir Prakash B. Sawant as Independent Directors of the Company to comply with the amended clause 49 IA of the Listing Agreement vide SEBI circular no. SEBI/CFD/DIL/CG/1/2008/08/04.”
Source: NSE    Date: 16th-May-2009
Geodesic

Geodesic Limited has informed the Exchange that “The Company has repurchased USD 3.0 Million Face value of Foreign Currency Convertible Bonds due 2013 (ISIN XS0339017716) (the “Bonds”), listed on the Singapore Stock Exchange, in accordance with the A.P. (DIR Series) Circular No.39 dated December 8, 2008 (the “Circular”) issued by the Reserve Bank of India. The process has been initiated for extinguishment of the same in the records of trustee of the said bonds”.
Source: NSE    Date: 16th-May-2009

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Northgate Technologies

Northgate Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2009, inter alia, has approved to change of Registered office of the Company from 2nd Floor, JR Towers, Road No.2, Banjara Hills, Hyderabad-500034 to Laxmi Cybercity, B Block, 3rd Floor, Kondapur, Hyderabad-500084.
Source: BSE    Date: 16th-May-2009
Prithvi Information Solutions

Prithvi Information Solutions Ltd has submitted to BSE a copy of Press Note dated May 15, 2009.
Source: BSE    Date: 16th-May-2009
Mahindra & Mahindra Financial Services

Mahindra & Mahindra Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 22, 2009, has, pursuant to the recommendation and approval of the Remuneration / Compensation Committee of the Board and subject to the approval of the shareholders, approved the revision in remuneration payable to Mr. Ramesh Iyer, Managing Director of the Company with effect from August 01, 2009 for the remainder of his term of office i.e. up to April 29, 2011.
Source: BSE    Date: 16th-May-2009
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NSE TOP 5 GAINERS (15-may, 2009)

NSE TOP 5 Losers(15-may, 2009)

BSE TOP 5 GAINERS(15-may, 2009)

BSE TOP 5 Losers(15-may, 2009)

Transformers and Rectifiers India

Transformers And Rectifiers (India) Limited has informed the Exchange regarding disclosure under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992. The details of the same 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: 15th-May-2009
Era Infra Engineering

Era Infra Engineering Limited has informed the Exchange regarding the notice of Postal Ballot Pursuant to Section 192A (2) of the Companies Act, 1956 for the consent of the members for passing the following Resolutions (As per attachment) . A copy of the notice of 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: 15th-May-2009

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Hi-Tech Gears

Hi-Tech Gears Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 23, 2009, inter alia, to transact the following: 1. Consider and approve the Annual Accounts of the Company for the year ended March 31, 2009. 2. Consider and recommend dividend on equity shares. 3. Appointment of Additional Directors.
Source: BSE    Date: 15th-May-2009
Compuage Infocom

Compuage Infocom Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have passed the following resolutions, with requisite majority: 1. Special Resolution for amendment of Articles of Association by inserting Article 7A to 7D with respect to share warrants. 2. Special Resolution for issue of Equity Shares or warrants convertible to Equity Shares or a combination of both or any other securities on a rights basis.
Source: BSE    Date: 15th-May-2009
Maruti Suzuki India

Maruti Suzuki India Ltd has informed BSE regarding a Press Release dated May 15, 2009 titled “Maruti Suzuki launches Ritz”
Source: BSE    Date: 15th-May-2009
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Ten Most Active Securities(15-may, 2009)

Indian Stock Market Tips of The Day(15-May, 2009)

Praj Industries

Praj Industries Ltd has submitted to the Exchange a copy of Disclosure under Regulation 13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992. A copy of the same 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: 14th-May-2009
UTI Gold Exchange Traded Fund

UTI Asset Management Co. (P) Ltd. has informed the Exchange that the Net Asset Value (per unit) of UTI Gold ETF as on May 13, 2009 is Rs. 1,463.3293.
Source: NSE    Date: 14th-May-2009
Praj Industries

M/s Rare Investments has submitted to the Exchange Regulation 13(3) of SEBI (Prohibition of Insider Trading) Regulations, 1992. The copy of the same 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: 14th-May-2009

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State Bank of India

State Bank of India (SBI) has submitted to BSE the revised figures related to the following items: – Item No. : 1 8. – of which provision for Non-performing assets (Quarter ended March 31, 2009) – Item No. 2 18(v). Return on assets (annualized) (Quarter ended March 31, 2009) – Item No. 3 18(v). Return on assets (annualized) (Quarter ended March 31, 2009) Item No. 4 20(b) Non-encumbered.
Source: BSE    Date: 14th-May-2009
Mahindra and Mahindra

Mahindra & Mahindra Ltd has informed BSE that the Nashik Industrial Court, by its order dated May 13, 2009, has declared the tool down strike by workmen at the Nashik Plant of Mahindra & Mahindra Ltd’s Automotive Sector as illegal and unjustified.
Source: BSE    Date: 14th-May-2009
Grabal Alok Impex

Grabal Alok Impex Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 20, 2009, inter alia, to consider, amongst other things, issue of equity / other convertible securities upto an amount of USD 35.00 million.
Source: BSE    Date: 14th-May-2009
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