NSE Notices 17-07-2008

       Mundra Port and Special Economic Zone 
Mundra Port And Special Economic Zone Limited has informed the Exchange regarding the petition filed against the Company in Gujarat High Court on July 15, 2008. In this connection Company would like to make clarification. 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: 2008-07-17

    Praj Industries    
Praj Industries Ltd has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the members of the Company held on June 27, 2008. 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: 2008-07-17

    ICI India    
Ici India Ltd. has informed the Exchange vide its letter dated July 17, 2008 that “The Board of Directors of the Company has, at its meeting held today, decided to defer the proposal for buying back its own shares by the Company”.
Source: NSE    Date: 2008-07-17

    Aksh Optifibre   
Aksh Optifibre Limited has informed the Exchange that : “In its meeting held on 14th July, 2008 the Board of Directors of the Company has by virtue of powers conferred to it by the shareholders in their meeting held on 06/12/2007, modified the terms of conversion of Convertible Warrants, issued by the Company on 15th January, 2008. The terms have been modified to the effect that the warrants issued by the Company can be converted into equity shares at any time within 18 months from the date of their allotment at the option of the Warrant holder as against the earlier condition that at least 50% of the warrants were to be converted into equity shares within 6 months from the date of allotment and the remaining 50% were to be converted within 18 months from the date of allotment”.
Source: NSE    Date: 2008-07-17

    ORG Informatics    
Org Informatics Limited has informed the Exchange that : “The Company has secured two Orders worth of Rs. 98.36 Crores from M/s. Telecommunications Consultants India Limited, New Delhi for supply, Installation and Commissioning of 50% Add-On Order of Project-3 of NIB-II on Turnkey Basis (Turnkey solution for implementation of OSS, Messaging , Storage, Billing, EMS and Security Solutions) and Supply Installation and commissioning (including Integration in the Networks) of Medical Equipments for package -B & C for Tele Medicine Application in PAN African Networks Project.”
Source: NSE    Date: 2008-07-17

   Infosys Technologies
    Infosys Technologies Ltd. has informed the Exchange regarding a press release dated July 17, 2008, titled “Finacle from Infosys Fortifies Treasury Operations at HPB, Croatia”. 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: 2008-07-17

    Ajanta Pharma    
Ajanta Pharma Limited has submitted to the Exchange a copy of the proceedings-cum-minutes of the Annual General Meeting of shareholders of the Company held on July 08, 2008. 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: 2008-07-17

    Idea Cellular    
Idea Cellular Limited has informed the Exchange that: “In compliance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 1997, please find below details of shares of SCL (Spice Communications Limited) acquired on this date July 15, 2008 by Idea Cellular Limited (”Idea” / “Acquirer”): 1) Mode of Acquisition : Open Market; 2) No. of Shares Acquired : 37 Equity Shares; 3) Average Market Price : Rs. 74.05 per share; 4) Total Percentage : Negligible. We confirm that no shares have been acquired at a price over the open offer price of Rs. 77.30 per share. Please note that the acquisition of these shares has not been completed and the shares are held in separate escrow accounts. Under the terms of the escrow agreement and in compliance with Regulation 23(6), these shares will be released to the Acquirer only once the Acquirer has fulfilled all its obligations under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997″.
Source: NSE    Date: 2008-07-17

    Bank Of India    
Bank Of India has informed the Exchange that : “The Government of India, Ministry of Finance, Department of Financial Services vide it’s Notification No. F No.9/14/2007-BO.I has nominated Shri Amit Kumar Motayed as Officer Employee Director in place of Shri V. Eswaran for a period upto 31.01.2011 from the date of notification or until he ceases to be an officer of the Bank of India or until further orders, whichever is the earlist”.
Source: NSE    Date: 2008-07-17

    Colgate Palmolive (India)    
Colgate Palmolive (India) Ltd has informed the Exchange regarding a Statement on the financial results, dated July 17, 2008, titled “Colgate’s 1Q Net Sales up 16%, Net Profit up 18%”. 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: 2008-07-17

    Unichem Laboratories
    Unichem Laboratories Ltd has informed the Exchange that : “The Board of Directors of our Company has in its meeting held on July 17, 2008, allotted and issued 1,800 equity shares of Rs. 5/- each pursuant to the exercise of the stock options by the eligible employees/ legal heirs under the Employee Stock Option Scheme - 2004 of the Company”.
Source: NSE    Date: 2008-07-17

Colgate Palmolive (India)  
    Colgate Palmolive (India) Ltd has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 40760 lacs for quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 7192 lacs for the quarter ending on 30-JUN-2008.
Source: NSE    Date: 2008-07-17

    Great Offshore  
Motilal Oswal Investment Advisors Pvt. Ltd. has informed the Exchange that “An additional 1000 shares purchased on July 08, 2008 were not reported by us”. The restated details of the Buy-back of Great Offshore Limited 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: 2008-07-17

    JD Orgochem
Jd Orgochem Limited has informed the Exchange that the Company has fixed the record date for the purpose of reduction of face value of Equity Shares from Rs.10/- to Re1/- on 1st August, 2008. Further the Company has submitted a brief note on the scheme. 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: 2008-07-17

   Unitech  
Unitech Ltd had informed the Exchange regarding Press Release dated June 16, 2008 titled ‘Lehman Brothers Real Estate Partners to Invest in Unitech’s Mumbai Project’. The Company has now informed the Exchange vide its letter dated July 17, 2008 that “On satisfactory completion of all the conditions under the Transaction Documents and receipt today of subscription amount of Rs.740 crores approx., Lehman Brothers Real Estate Partners have been allotted 50% stake in the initial phase of a master-planned project on the Western Expressway of Mumbai. The project is being jointly developed by the Company and its local Mumbai partners. The initial phase entails development of one million square feet of office space out of the total developable area of approximately 18 million square feet”.
Source: NSE    Date: 2008-07-17

    Thomas Cook (India)
Thomas Cook (India) Ltd has informed the Exchange that: “The Recruitment & Remuneration Committee (Compensation Committee) of the Company has, at its meeting held on July 10, 2008, granted further Options under the Thomas Cook Employees Stock Option plan 2007 (ESOP 2007), in continuation of the options granted last year (2007) as per the following details: (1) Numbers of shares covered in the present granting of options under the ESOP 2007- 1,955,750 (Nineteen lakh fifty five thousand seven hundred fifty). (2) Terms of the options - as per Annexure I (Attachment). (3) Time within which the said options may be exercised-10 years from the Grant date, i.e. 10 years from 10th July 2008″.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: 2008-07-17

    Great Offshore    
Motilal Oswal Investment Advisors Pvt. Ltd. has informed the Exchange regarding the details of the equity shares of Great Offshore Limited bought back through the Stock Exchange on July 16, 2008, as follows: 1) Date of Buyback: July 16, 2008; 2) (a) Name of the Broker: Motilal Oswal Securities Limited; (b) No. of equity shares bought back on BSE: Nil; (c) No. of equity shares bought back on NSE: 1000; (d) Total no. of equity shares bought back: 1000; (e) Average Price of Acquisition (Rs.): 456.43; 3) (a) Name of the Broker: Enam Securities Ltd.; (b) No. of equity shares bought back on BSE: Nil; (c) No. of equity shares bought back on NSE: Nil; (d) Total no. of equity shares bought back: Nil; (e) Average Price of Acquisition (Rs.): Nil; 4) Cumulative Equity Shares bought as on July 15, 2008: 871818; 5) Quantity Closed Out on July 16, 2008 - 0; 6) Quantity Closed Out as on July 15, 2008 - 3; 7) Total Quantity Closed Out - 3; 8) Total Equity Shares bought back as on July 16, 2008: 872815.
Source: NSE    Date: 2008-07-17

    Action Construction Equipment    
Action Construction Equipment Limited has informed the Exchange that the dividend on the Equity Shares, if declared in the ensuing Annual General Meeting to be held on August 01, 2008, will be payable on or after August 01, 2008.
Source: NSE    Date: 2008-07-17

    IVR Prime
Ivr Prime Urban Developers Limited has informed the Exchange that : “Mr. K. Krishna working as Joint General Manager (Finance) in the company, has been nominated as Company Secretary of the company w.e.f. 28th May 2008 in the place of Mr. S. Srinivasa Rao. Mr. K. Krishna has also been nominated as Compliance Officer under Clause 47 (a) of the Listing Agreement with effect from the said date”.
Source: NSE    Date: 2008-07-17

    Subex    
Subex Limited has informed the Exchange regarding a press release dated July 17, 2008, titled “BTC Botswana to enhance operational and cost efficiencies with subex solutions”. 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: 2008-07-17

    Biocon    
Biocon Limited has informed the Exchange regarding a press release dated July 17, 2008, titled “Biocon is world’s top 20 biotechnology company : Med Ad News”. 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: 2008-07-17

    Northgate Technologies   
Northgate Technologies Limited has informed the Exchange vide its letter dated July 17, 2008 that Globe7 HK Limited wholly owned subsidiary of Northgate Technologies Limited has made the press release dated July 15, 2008, titled “Globe7 Selected by Hong Kong Government for Wireless”. 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: 2008-07-17

    Goldiam International  
Fortune Financial Services (India) Limited has informed the Exchange regarding the details of the equity shares of Goldiam International Limited bought back by the brokers as on July 16, 2008, as follows: 1) Date of Buyback: July 16, 2008; 2) (a) Name of the Broker: Fortune Equity Brokers (I) Ltd.; (b) No. of equity shares bought back on BSE: 16929; (c) No. of equity shares bought back on NSE/Others: 53667; (d) Total no. of equity shares bought back: 70596; (e) Average Price of Acquisition (Rs.): 38.59; 3) Cumulative Equity Shares bought as on July 15, 2008: 797764; 4) Quantity Closed Out on July 16, 2008 - Nil; 5) Quantity Closed out as on July 15, 2008: 2; 6) Total Quantity Closed Out: 2; 7) Total Equity Shares bought back as on July 16, 2008: 868358.
Source: NSE    Date: 2008-07-17

    KLG Systel    
Klg Systel Ltd. has informed the Exchange that “KLG Systel Limited has signed an Investment Agreement with IBM Daksh Business Process Services Private Limited (IBM Daksh) for investment of Rs. 120 million in its subsidiary viz. KLG Power Limited. The subscription Price is Rs. 608.96 per share for 1,97,057 Equity Shares of Rs. 10/- each, equivalent to 1.19% of the total share capital of KLG Power Limited on fully diluted basis. The Investment shall be made on fulfillment of conditions precedent in the Investment Agreement”.
Source: NSE    Date: 2008-07-17

    ICRA    
Icra Limited has informed the Exchange that ICRA Limited (ICRA) and Vijaya Bank have signed a Memorandum of Understanding (MoU) under which ICRA will asign ratings to the Bank’s loans and its other exposures under the standardized approach of RBI’s New Capital Adequacy Framework for Basel-II. Further the Company has submitted a copy of press release titled “ICRA in MoU with Vijaya Bank to rate Bank Loans under RBI’s New Capital Adequacy Framework for Basel-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: 2008-07-17

    EID Parry (India)    
Eid Parry India Ltd. had informed the Exchange that the Board approved the sale of E.I.D- Parry (India) Ltd’s 47% equity holding in Parryware Roca Private Ltd., to M/s Roca Bathroom Investments S.L., an affiliate of Roca Sanitario S.A,Spain,Subject to the necessary approvals including that of Foreign Investment Promotion Board for a consideration of Euro 111,149,111 (Euro One Hundred and eleven million one hundred and forty nine thousand and one hundred and eleven).Now the Company has informed the Exchange that “The sale has been completed and consideration of Rs.747.39 Crores has been received. With this transfer E.I.D- Parry (India) Ltd’s equity holding in Parryware Roca Private Ltd is 3%.”
Source: NSE    Date: 2008-07-17

    Abhishek Corporation    
Abhishek Corporation Limited has informed the Exchange that the Board of Directors of the company on the recommendation of the Remuneration Committee, at its meeting held on June 28, 2008 has revised the terms of appointment of Mr. Anasaheb R Mohite, Managing Director of the company. Further the Company has submitted to the Exchange the abstract pursuant to section 302 of the Companies Act 1956 sent to members regarding the revision in the terms of appointment of Mr. Anasaheb R Mohite, Managing Director of the company. Further the company have sent a letter to the shareholders of the company stating the status of company’s new “Yarn Dyed Shirting Fabric Project.” The copies 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: 2008-07-17

   Bongaigaon Refineries and Petrochemicals   
Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange that the Register of Members and the Share Transfer Book of the Company will remain closed from August 22, 2008 to September 10, 2008 (both days inclusive) for the purpose of ascertaining the eligibility for payment of Dividend for the year 2007-08. Further the dividend will be payable after approval of the shareholders in the Annual General Meeting of the Company to be held in September, 2008.
Source: NSE    Date: 2008-07-17

    UTI Sunder    
Uti Mutual Fund has informed the Exchange that the Net Asset Value (per unit) of UTISUNDER as on July 16, 2008 is Rs. 295.8672.
Source: NSE    Date: 2008-07-17

    Mcnally Bharat Engineering
Mcnally Bharat Engineering Company Limited has informed the Exchange that: “We have received an Order from Vedanta Alumina Limited for design, detailed engineering, manufacture & supply of equipment, erection and commissioning of 3 Units Green Anode Plant (35 TPH each) at Jharsuguda, Orissa, valued at Rs.246.00 crores exclusive of all taxes and duties”.
Source: NSE    Date: 2008-07-17