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NSE Notices 13-12-2007

Thursday, December 13, 2007 15:28
Posted in category NSE Notices, Recent Buzz
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   Satyam Computer Services    
Satyam Computer Services Ltd has informed the Exchange that the Compensation committee of Directors of the Company allotted 18,002 equity shares through circular resolution on December 13, 2007 under stock option plans of the company. Consequent to the above allotment, the paid up share capital of the Company has gone up from 669,378,998 equity shares of Rs. 2/- each aggregating Rs. 1,338,757,996.00 to 669,397,000 equity shares of RS. 2/- each aggregating Rs.1,338,794,000.00.
Source: NSE    Date: 2007-12-13

Maxwell Apparel Industries    
Maxwell Industries Limited has informed the Exchange that “The Company has received an intimation by way a letter dated 12 th December, 2007 from Promoter Directors of the company, who are also Directors on the Board of M/s Lovable Lingeries Private Limited(LLPL) and M/s Microtex India Limited (MIL). They have intimated us us that they have attended the Board and Shareholders meeting on 11th December, 2007 of the M/s. Lovable lingeries Private Limited and M/s Microtex India Limited where the matter relating to the of Merger/amalgamation with the Company under provision of section 391 to 396 of the Companies Act, 1956 was discussed and decided that the said Merger/Amalgamation should not be pursued further as the effective date of scheme of amalgamation has already been expired. It was further intimated that M/s. Lovable Lingeries private Limited and M/s. Microtex India Limited has further discussed, that the petition for Merger/Amalgamation pending before Hon’ble High Court of Bombay be withdrawn and to seek the direction of Hon’ble High Court of Bombay to dismiss the application and dispose of petition for Merger/amalgamation with Company. The company propose to call a Board Meeting to discuss this matter.
Source: NSE    Date: 2007-12-13

Micro Technologies    
Micro Technologies (India) Limited has informed the Exchange regarding a Press Release dated December 13, 2007, titled “Micro Technologies accorded with Global Award”. 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: 2007-12-13

  Mcnally Bharat Engineering    
Mcnally Bharat Engineering Company Limited has informed the Exchange that “The Committee of Directors at its meeting held on 13 December, 2007 has allotted 6,35,804 Equity Shares of Rs.10/- each as fully paid up to Goldman Sachs International on part conversion of FCCBs”.
Source: NSE    Date: 2007-12-13

CESC    
Cesc Ltd. has informed the Exchange vide its letter dated December 13, 2007 that “95,60,000 new Equity Shares of Rs.10/- each of the Company have been allotted earlier December 13, 2007 at a price of Rs. 618/- per share to Qualified Institutional Buyers in terms of Chapter XIII A of SEBI (DIP) Guideline, 2000.
Source: NSE    Date: 2007-12-13

  Finolex Cables    
Finolex Cables Ltd. has informed the Exchange that the company has on December 13, 2007 entered into a Joint Venture Agreement with J-Power Systems Corporation Limited of Japan to offer complete turnkey solutions in Extra High Voltage (EHV) Cable Systems in India and abroad. The company is holding a Press Conference on December 13, 2007 to brief the Press in this regards. A copy of the Press Release and of Presentation 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: 2007-12-13

Great Eastern Shipping Company    
The Great Eastern Shipping Co. Limited has informed the Exchange that “The Ordinary Resolution under Section 293(1)(d) of the Companies Act, 1956 authorising the Board of Directors to borrow upto Rs.5000 crore has been approved by the Members of the Company with requisite majority by means of a Postal Ballot”. Further the company has submitted to the Exchange a copy of the Results of Postal Ballot. 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: 2007-12-13

  Blue Bird (India)    
Blue Bird (India) Limited has informed the Exchange that “The Company has received another Order for export to UAE for supply of notebook products. The total size of the orders is approximately 175 Thousand US$. The Company expects to complete these orders by the end of the current financial year”.
Source: NSE    Date: 2007-12-13

  ABG Shipyard    
Abg Shipyard Limited has informed the Exchange that “The Company has delivered a new Anchor handling tug supply vessel “MARIDIVE-229″ to the owner MARIDIVE & OIL SERVICES S.A.E. Egypt. The Maridive – 229 is the third AHTS vessel delivered to Maridive out of the total seven vessel building order received from the Egypt based company. About the Vessel:- The 61 meter 86T Bollard Pull Tug displaces 3,600 Tonnes fully loaded and is able to carry out Anchor handling, Towing Rescue Offshore Supply Transport Pipes fresh water, diesel oil, bulk cement, Stores, Materials and equipment, move men and materials between platforms and shore, external fire fighting and other related duties. The vessel is to supply , support the offshore oil and gas field on a twenty four (24) hour per day basis. This vessel is installed with sophisticated Dynamic Positioning capabilities (DP-2) with unmanned machinery space.”
Source: NSE    Date: 2007-12-13

  Escorts    
Escorts Ltd has informed the Exchange that “The Share Allotment Committee of Directors of the Company in their meeting held on December 12, 2007, has allotted 7,44,681 equity shares in the name of members of Hardship Committee constituted by High Court Delhi vide its order dated October 19, 2006, in compliance of the order passed by Hon’able High Court Delhi on December 5, 2007 u/s 391 of the Companies Act 1956 in respect of Company application of Scheme of Arrangement and Compromise between Escorts Limited and its members and Escorts Finance Limited and its Fixed Deposite Holders.”
Source: NSE    Date: 2007-12-13

  Great Eastern Shipping Company    
The Great Eastern Shipping Co. Limited has informed the Exchange regarding a press release dated December 13, 2007, titled “New building order placed for 2 more Supramax Dry Bulk Carriers”. 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: NSE    Date: 2007-12-13

  Praj Industries    
Praj Industries Ltd has informed the Exchange regarding a press release, titled “Praj forms JV with Brazilian Engineering Major for Ethanol Plants”. 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: NSE    Date: 2007-12-13

  Nagarjuna Construction Co.    
Nagarjuna Construction Co. Ltd has informed the Exchange that the Directors of the Company have vide Circular Resolution dated December 12, 2007, appointed Sri. Akhil Gupta, Chairman & Managing Director of M/s. Blackstone India Ltd., as Additional Director on the Board of the Company. Sri.Akhil Gupta is a nominee of M/s. Blackstone India Ltd on the Board of the Company. The Directors have also accorded approval through the above circular resolution for appointment of Sri.Amit Dixit as an Alternate Director to Sri.Akhil Gupta with effect from December 12, 2007. The Company further informed that Sri.Akhil Gupta has also been appointed as a Member of the Audit Committee and HR & Compensation Committee of the Board.
Source: NSE    Date: 2007-12-13

   Thomas Cook (India)    
Thomas Cook (India) Ltd has informed the Exchange regarding Press Release dated December 13, 2007, titled “Thomas cook signs MoU with JTB Corp.” 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: 2007-12-13

Jubilant Organosys    
Jubilant Organosys Limited has informed the Exchange regarding a press release dated December 11, 2007, titled “Dual Recognition for Jubilant Organosys’s Corporate Sustainability Program”. 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: NSE    Date: 2007-12-13

Swaraj Engines    
Swaraj Engines Ltd has informed the Exchange that “Consequent upon his resignation dated 30th November, 2007 Shri S. Durgashankar ceased to be the Director of the Company”
Source: NSE    Date: 2007-12-13

  GMR Infrastructure    
Gmr Infrastructure Limited has informed the Exchange regarding a press release titled “GMR-HIAL awards Airport Shuttles to Shree Raj Travels and Tours Ltd”. 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: NSE    Date: 2007-12-13

Rajesh Exports    
Rajesh Exports Ltd. has informed the Exchange that “Rajesh Exports Limited (REL) has bagged its maiden branded Diamond Jewellery order for Rs.116 crores from M/s Excel Goldsmiths, UAE. This is REL’s maiden export order for Diamond Jewellery. REL has introduced nine brands of diamond jewellery. It has taken more than two and a half years of in-depth research to visualize, design, prototype and manufactures these brands. The order is for six out of the nine brands of Diamond Jewellery manufactured by REL. The order is for the following brands: 1). Eternal; 2). Solitaire; 3). I-teen; 4). Ghazal; 5). Aishwarya; 6). Sushmita. The Diamond Jewellery is to be made by using VVS1 G H colour Diamonds. The order is to be delivered by 31st March 2008. This order is expected to have a positive impact on the profitability of the company. 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: 2007-12-13

Punjab Tractors    
Punjab Tractors Ltd. has informed the Exchange that: “Consequent upon his resignation dated 30th November, 2007 Shri S. Durgashankar ceased to be the Director of the Company”.
Source: NSE    Date: 2007-12-13

Benchmark Asset Management Company Pvt. Ltd. has informed the Exchange of the Net Asset Value [NAV] of Split Capital Fund Class B. The details of the same are as follows: Description of Security : Units of Rs.100/- each of Benchmark Split Capital Fund – Balanced – Class B (BSCFAUG08B, EQ) ; NAV : 154.9526. The company has further informed that the NAV shall be calculated and announced on weekly basis on every Wednesday.
Source: NSE    Date: 2007-12-13

Benchmark Asset Management Company Pvt. Ltd. has informed the Exchange regarding the Net Asset Value [NAV] of Split Capital Fund Class A. The details of the same are as follows: Description of Security : Units of Rs.100/- each of Benchmark Split Capital Fund – Balanced – Class A (BSCFAUG08A, EQ) ; NAV : 163.9632. The Company has further informed that the NAV shall be calculated and announced on weekly basis on every Wednesday.
Source: NSE    Date: 2007-12-13

  UTI Sunder    
Uti Mutual Fund has informed the Exchange that the Net Asset Value (per unit) of UTISUNDER as on December 12, 2007 is Rs. 631.7125.
Source: NSE    Date: 2007-12-13

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 December 12, 2007 is Rs. 1035.4602.
Source: NSE    Date: 2007-12-13

   Grindwell Norton    
Grindwell Norton Limited has informed the Exchange regarding Outcome of the Board Meeting held on December 12, 2007, as follows: Mrs. M. S. Mehta and Mr. Joseph H. Menendez have resigned as Directors of the Company effective December 12, 2007. In the Meeting, Mr. R.K. Bilimoria and Mr. John T. Crowe have been appointed as additional directors. Further, the details of the Re-constituted Board as on December 12, 2007 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: 2007-12-13

  Parsvnath Developers    
Parsvnath Developers Limited has informed the Exchange regarding a press release dated December 12 , 2007, titled “Parsvnath Prideasia booking opens; Company announces launch of scheme-II”. 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: NSE    Date: 2007-12-13

Lumax Industries    
Enam Securities Pvt. Ltd. has submitted to the Exchange a copy of the corrigendum Public Announcement (“PA”) to be read in connection with the Public Announcement for Open Offer by Stanley Electric Co., Ltd. (“Acquirer”) to the equity shareholders of Lumax Industries Limited (“Target Company or Lumax”) to acquire 1,869,547 Equity Shares of Rs.10/- each, representing 20% of the outstanding voting equity share capital of Avery, at a price of Rs.540.03/- per fully paid-up Equity Share payable in cash (the “Offer” or “Open Offer”). A copy of the corrigendum 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: 2007-12-13

IG Petrochemicals    
Ig Petrochemicals Ltd. has informed the Exchange that the Board of Directors at the meeting held on December 12, 2007 have discussed and approved the following:- 1) Issue of 15,00,000 Share Warrants on preferential basis to Financierings Maatschappij voor Ontwikkelingslanden N V (FMO), a Netherlands based Developmental Financial Institution, at a price of Rs. 77.50 per warrant to be converted into 15,00,000 equity shares at the face value of Rs. 10/- per equity share plus Rs. 67.50 premium in the ratio of 1:1 (one warrant into one equity share) within a period of 18 months from the date of allotment of warrants subject to requisite shareholders and other regulatory approvals, inter alia in compliance with SEBI Guidelines for Preferential Issue and pricing guidelines. 2) The Relevant Date for the said purpose would be December 10, 2007 and the pricing of the warrants has been fixed accordingly. 3) Convening the Extra Ordinary General Meeting on January 09, 2008 to seek and obtain the approval of the shareholders for Preferential Issue of warrants. 4) Limited Review Report received from the Statutory Auditors of the Company M/s. S R Batliboi & Co., Chartered Accountants, Mumbai and M/s. Hariharan & Co., Chartered Accountants, Bangalore for the quarter ended September 30, 2007.
Source: NSE    Date: 2007-12-13

  Glenmark Pharma    
Glenmark Pharmaceuticals Ltd. has informed the Exchange regarding a press release dated December 12, 2007, titled “Glenmark Confirms ANDA Filing with a Paragraph IV Certification for Tarka (R) Tablets”. 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: NSE    Date: 2007-12-13

Grindwell Norton    

Grindwell Norton Limited has informed the Exchange that the Board of Directors of the Company has declared a Special Interim Dividend of Rs.4/- per share of face value of Rs.5/- each for the year 2007, in their Meeting held on December 12, 2007.
Source: NSE    Date: 2007-12-13

Geojit Financial Services    
Geojit Financial Services Limited has informed the Exchange that the following disclosure has been received from employee regarding sale of Company’s shares. 1) Name :- Benny M.S., Date of sale :- December 10, 2007, No. of shares :- 8887, Disclosure regarding Sale/Purchase :- Sale.
Source: NSE    Date: 2007-12-13

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