NSE Notices 09 – Feb – 2010
Tuesday, February 9, 2010 16:11Man Aluminium
Man Aluminium Limited has informed the Exchange regarding the Cessation of directors. Name of the Director: Ramesh Chandra Mansukhani, Date of Cessation: December 24, 2009; Name of the Director: Pramod Awadh Tandon, Date of Cessation: December 24, 2009; Name of the Director: Rajaram Wadhwani, Date of Cessation: December 24, 2009.
Source: NSEÂ Â Â Date :9th-Feb-2010
Asian Paints
Asian Paints Limited has informed the Exchange regarding the announcement made by Berger International Limited (BIL), Singapore, which is listed on the Singapore Stock Exchange Limited. BIL is a subsidiary of Asian Paints Limited. The announcements has already been made via the masnet on the Singapore Stock exchange Limited on February 08, 2010. Berger International Limited, Singapore has no operations in India. 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: NSEÂ Â Â Date :9th-Feb-2010
Ruchi Soya Industries
Ruchi Soya Industries Ltd. has informed the Exchange that a meeting of Board of Directors of the Company was held on February 08, 2010. The Board of Directors of the Company has, inter alia, approved the Scheme of Amalgamation of Palmtech India Limited (‘PTIL’) with Ruchi Soya Industries Limited (‘Ruchi Soya’). PTIL is engaged, interalia, in the business of development of Oil palm plantation and processing of oil palm fruits. The Scheme will be subject to requisite approvals as may be required. The salient features of the scheme are as under: a) Merger Appointed Date : April 01, 2009; b) All assets and liabilities of PTIL would be transferred to Ruchi Soya; c) As consideration for merger 19 equity shares of Rs.2/- each of Ruchi Soya would be issued for every 25 equity shares of Rs.2/- each held by shareholders of PTIL. The share exchange ratio has been arrived at on the recommendation provided by SSPA & Co., Chartered Accountants. The Fairness Opinion Report has been provided by Fortress Capital Management Services Private Limited, a Registered Category 1 Merchant Banker; d) The fully diluted equity capital of the Company is 30,64,29,060 equity shares of Rs.2/- each which will increase on account of this merger to 32,67,59,060 equity shares of Rs.2/- each. The promoters’ holding on fully diluted basis will decrease from 53.64% to 50.30%. The Scheme has also been approved by the Board of Directors of Palm Tech India Limited. KPMG India Private Limited was appointed as Tax Advisors for the scheme.
Source: NSEÂ Â Â Date :9th-Feb-2010
Tanla Solutions
Tanla Solutions Limited has informed the Exchange regarding a press release dated February 08, 2010, titled “Tanla to launch on-device payments and pre-loaded content distribution partner program in Barcelona”. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
Source: NSEÂ Â Â Date :9th-Feb-2010
Idea Cellular
Idea Cellular Limited has informed the Exchange that the Hon’ble High Court of Gujarat at Ahmedabad and Hon’ble High Court of Delhi have sanctioned the Scheme of Amalgamation of Spice Communications Limited with Idea Cellular Limited u/s 391 to 394 of the Companies Act, 1956.
Source: NSEÂ Â Â Date :9th-Feb-2010
India Motor Parts and Accessories
India Motor Parts And Accessories Limited has informed the Exchange that the Board of Directors at its meeting held on February 08, 2010 have recommended an interim dividend of Rs.14/- per share (140%) for the financial year 2009-10 on the paid up capital of Rs. 415.98 lakhs.
Source: NSEÂ Â Â Date :9th-Feb-2010
Jyoti Structures
Jyoti Structures Ltd has informed the Exchange that Mr. P. A. Sethi has resigned as a Director of the Company w.e.f. closure of business hours on February 06, 2010.
Source: NSEÂ Â Â Date :9th-Feb-2010
Nuchem
Nuchem Ltd has informed the Exchange that the Board of Directors at its meeting held on January 28, 2010 (1) The Board has accepted the resignations by 3 directors of the Company, namely Sh. P P Khanna, Sh. R K Jain and Sh. Ajay Baijal vide their letter dated November 2, 2009, November 09, 2009 and January 15, 2010 respectively. The Board has placed on record its deep appreciation of the valuable services rendered by these Directors during their tenure as Director(s) on the Board of the Company. The Board will fill up the resultant casual vacancies at the earliest. (2) The Board has approved the Company’s proposal to raise funds by entering into an agreement to sell for disposal of its property situated at 20/6, Mile stone, Mathura Road, Faridabad-121006, subject to prior in-principle approval from IFCI Limited. The final sale will take place post the requisite approvals including NOC/satisfaction of charge from the term lenders/ banks concerned. This would entail shifting of registered office and EMC-S business (a very small business activity) of the Company at appropriate time to its Chemical Division Complex situated at 54, Industrial Area, Faridabad-121001.
Source: NSEÂ Â Â Date :9th-Feb-2010
Man Aluminium
Man Aluminium Limited has informed the Exchange that “The Board of Directors at its meeting held on 14th day of January, 2010 has appointed the following as Additional Directors: (1) Mr. Rajesh Jain – (Independent – Non Executive); (2) Mr. Parveen Kumar Adlakha – (Independent – Non Executive). Further, the Board has appointed Mr. Mohinder Jain who was appointed as Additional Director on 24th December, 2009 as Managing Director of the Company”.
Source: NSEÂ Â Â Date :9th-Feb-2010
Subhash Capital City
International Constructions Ltd. has informed the Exchange that following are the changes in the constitution of Board of Directors of the Company; (1) Mr. Amar Chand Bakliwal resigned w.e.f. January 30, 2010 (2) Mr. Bipad Bhajan Mukherjee resigned w.e.f. January 30, 2010; (3) Mr. Basant Kumar Jain appointed as an Additional Director w.e.f. January 30, 2010.
Source: NSEÂ Â Â Date :9th-Feb-2010
Gokul Refoils and Solvent
Gokul Refoils And Solvent Limited has informed the Exchange that Mr. Gopal Garg has been appointed as the Chief Financial Officer of the Company w.e.f. February 01, 2010.
Source: NSEÂ Â Â Date :9th-Feb-2010
Precot Meridian
Precot Meridian Limited has informed the Exchange that the Board of Directors of the Company at their meting held on January 29, 2010 appointed Mr. Prashanth Chandran as a Whole time director with designation of Executive Director with effect from April 01, 2010.
Source: NSEÂ Â Â Date :9th-Feb-2010
UltraTech Cement
Ultratech Cement Limited has informed the Exchange that by an order made on January 15, 2010, in the UltraTech Cement Limited, Summons for Direction, the Hon’ble Bombay High Court has directed that a meeting of the equity shareholders, secured creditors (including debentureholders) and unsecured creditors of the Applicant Company (Ultra Tech Cement Limited) be held on March 19, 2010 for the purpose of considering, and if thought fit, approving, with or without modification(s), the Scheme of Amalgamation of Samruddhi Cement Limited with Ultra Tech Cement Limited (the “Scheme’). A copy of the notice of the said meetings shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
Source: NSEÂ Â Â Date :9th-Feb-2010
State Bank of Mysore
State Bank Of Mysore has informed the Exchange that the General Meeting of the shareholders of the Bank will be held on February 13, 2010 for the purpose of electing one director on the Board of The Bank.
Source: NSEÂ Â Â Date :9th-Feb-2010