NSE Notices 22 – Feb – 2012
Wednesday, February 22, 2012 16:53R Systems Intl
R Systems International Limited has submitted to the Exchange a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 and Disclosure under Regulation 13(4), 13(4A) and 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992.
Source: NSE Date 22nd -Feb-2012
Man Infra
Mansi P Shah has submitted to the Exchange a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 with respect to acquisition of 4935 shares of Man Infraconstruction Limited.
Source: NSE Date 22nd-Feb-2012
State Bnk My
State Bank Of Mysore has informed the Exchange that The All India Bank Employees’ Association ( AIBEA),Bank Employees Federation of India(BEFI) and National organization of Bank workers (NOBW) and have served a notice of strike informing that their members propose to go on strike on Tuesday the February 28, 2012,with the following demands.(a) Stoppage of Banking Sector Reforms, Outsourcing of permanent Jobs, (b).Unilateral imposition of Khandelwal committee Recommendations.(c)To take stringent and effective measures to recover Bad loans in Banks – (d) Settle pending issues of Bank employees and others. In the event of the proposed strike materializing on, February 28, 2012 normal services rendered to the Bank’s customers may have to be curtailed.
Source: NSE Date 22nd-Feb-2012
Mahindra Satyam
Satyam Computer Services Limited has submitted to the Exchange a copy of disclosure pursuant to the Securities and Exchange Board of India (Insider Trading) (Amendment) Regulations, 2002.
Source: NSE Date 22nd-Feb-2012
DCB
Development Credit Bank Limited has informed the Exchange that the Board of Directors of the Bank at its meeting held on February 21, 2012, inter alia, has decided to open the proposed issue of equity shares of the face value of Rs. 10 each of the Bank through a Qualified Institutions Placement (QIP) (the “Issue”) in accordance with Chapter VIII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended. Further the Bank has informed that February 21, 2012 has been fixed as the ‘Relevant Date’ for the purpose and hence the Floor Price is Rs. 47.84 per equity share The Issue will open on February 27, 2012.
Source: NSE Date 22nd-Feb-2012
Redington
Redington (India) Limited has informed the Exchange that the Company’s wholly owned overseas subsidiary, M/s. Redington International Mauritius Limited (RIML) has completed acquisition of balance 216,965 shares constituting 14.50% of its subsidiary M/s. Redington International Holdings Ltd. (RIHL) from M/s. Investcorp. With this purchase of shares, the shareholding structures of RIHL- pre and post transaction are given below: (1) RIML: Pre transaction : 80.96%; Post transaction : 95.46%(2) Investcorp: Pre transaction : 14.50%; Post transaction : Nil. (3) Employees: Pre transaction : 4.54%; Post transaction : 4.54%.
Source: NSE Date 22nd-Feb-2012
JSW Energy
Sun Investments Private Limited has submitted to the Exchange a copy of Disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 with respect to release of pledge on shares of JSW Energy Limited.
Source: NSE Date 22nd-Feb-2012
JSW Steel
Gagan Trading Company Limited has submitted to the Exchange a copy of Disclosure under Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 with respect to release of pledge of 1,28,000 shares of JSW Steel Limited.
Source: NSE Date 22nd-Feb-2012
3M India
3m India Limited has submitted to the Exchange a copy of the Abstract of the terms of re-appointment and remuneration payable to Mr. B.V. Shankaranarayana Rao, Whole-time Director of the Company pursuant to Section 302 of the Companies Act, 1956.
Source: NSE Date 22nd-Feb-2012
Asian Paints
Asian Paints Limited had informed the Exchange regarding the withdrawal of the Composite Scheme for Merger and Demerger involving companies of Asian Paints Group, PPG Group and its Joint Venture Company, Asian PPG Industries Limited filed with the Hon’ble High Court of Judicature at Bombay and Hon’ble High Court of Judicature at Madras (“High Courts”). The Board at its meeting held on February 17, 2012 approved the Revised Composite Scheme for Merger and Demerger, under Section 391 to 394 of the Companies Act, 1956 and other applicable provisions whereby PPG Coatings India Private Limited (subsidiary of PPG in India) and AP Coatings Limited (wholly owned subsidiary of the Company) will merge with Asian PPG Industries Limited (APPG) (Joint Venture between Asian Paints Group and PPG Group). The Scheme then provides for the demerger of the Liquid Industrial Paints, Powder Coatings and Protective Coatings businesses from APPG into Asian Paints PPG Limited (second Joint Venture Company). The sanction of the said Composite Scheme is subject to the approval of the Hon’ble High Court of Judicature at Bombay and such other approvals as may be necessary.
Source: NSE Date 22nd-Feb-2012
Agre Developers
Agre Developers Limited has informed the Exchange that Agre Properties & Services Limited (APSL), the wholly owned subsidiary of the Company has entered into a Share Purchase Agreement and sold its investment aggregating to 20% of the paid Share capital of Gupta Infrastructure (India) Private Limited for a total consideration of 29,87,00,000/- which resulted in a capital gain of Rs. 22,18,80,000/-. The agreement also provided for refund of share application money to the Company and APSL aggregating to Rs. 11,65,88,602/-. The consideration will be paid in tranches during a period of March 03, 2012 to May 31, 2012.
Source: NSE Date 22nd-Feb-2012
Reliance
Reliance Industries Limited has informed the Exchange regarding a Media Release dated February 21, 2012, titled “SIBUR and Reliance form a Joint Venture to produce butyl rubber in India”.
Source: NSE Date 22nd-Feb-2012
Kewal Kiran
Kewal Kiran Clothing Limited has informed the Exchange that the date of payment of the 2nd interim dividend, if declared in the Board Meeting to be held on March 02, 2012 will be on or after March 23, 2012.
Source: NSE Date 22nd-Feb-2012
Mphasis
Mphasis Limited has informed the Exchange that the exercise of the following stock options have been approved by the ESOP Committee of the Company vide a resolution dated February 16, 2012 : (a) Scheme: 1998 Plan Version I & II, Options Exercised : 18,464; (b) Scheme: ESOP 2000 Plan, Options Exercised : 1830; (c) Scheme: ESOP 2003 Plan, Options Exercised : Nil; (d) Scheme: ESOP 2004 Plan, Options Exercised : Nil; (e) Total Options Exercised : 20,294. The terms and time period of exercise of the stock options is as per the relevant ESOP Schemes.
Source: NSE Date 22nd-Feb-2012
