NSE Notices 27-09-2007

September 27th, 2007 | by sharegyan |

Suven Life Sciences    
Suven Life Sciences Limited has informed the Exchange that “The members in Annual General Meeting (AGM) held on 27th September 2007 have declared the Dividend @25% for the year 2006-07 and also approved and authorized the Board of Directors to raise funds to the tune of USD 50 million either through international offering and / or domestic offering by way of FCCBs/ADRs/GDRs etc. The Board of Directors in their meeting held on 27th September 2007 have taken on record and approved the Cost Accounts of the Company for the year 2006-07″.
Source: NSE    Date: 2007-09-27

  Marksans Pharma    
Marksans Pharma Limited has informed the Exchange regarding the outcome of the Annual General Meeting of the company held on September 27, 2007. The details of the business transacted at the AGM 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: 2007-09-27

ANG Auto    
Ang Auto Limited has informed the Exchange regarding the outcome of the Annual General Meeting of the company held on September 27, 2007. The details of the business transacted at the AGM 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: 2007-09-27

   Goldstone Technologies    
Goldstone Technologies Ltd. has informed the Exchange that the members of the company have approved the following resolutions in the Annual General Meeting of the company held on September 27, 2007 :1) Approval for re-appointment of Mr. V.P.Singh and Mr. Nanan Kundetkar as Directors retirable by rotation. 2) Approval for re-appointment of M/s P.Murali & Co., Chartered Accountants as Statutory Auditors of the company. 3) Approval for appointment of Mr. K.S.Sarma, as Director retirable by rotation. 4) Approval for issue of 35918 equity shares of the company to Mr. K.Murali and Mr. R.Eswaran on preferential allotment basis.
Source: NSE    Date: 2007-09-27

  Alok Industries    
Alok Industries Limited had informed the Exchange regarding issue of 1% - 1400 unsecured Foreign Currency Convertible Bonds (FCCBs) of USD 50000 each aggregating to USD 70.00 million issued and allotted in two tranches i.e. in May and June 2005. The Company has now informed the Exchange that: “We have on 27th September 2007 received a conversion notice from our Paying, Conversion and Transfer Agent for conversion of 40 FCCBs of USD 50000 aggregating to USD 2.00 million into equity shares. In terms of the Offering Circular dated 26th May 2005, the Company has at the meeting of the Executive Committee of Board of Directors held on 27th September 2007 issued and allotted 13,64,037 equity shares of the face value of Rs.10.00 each for cash at a premium of Rs.61.5875 per share as on outcome of conversion of above referred FCCBs. By virtue of conversion of 40 FCCBs referred above, the number of FCCBs and amount outstanding stands at 894 and USD 44.70 million respectively”. Further, by virtue of the above referred conversion of FCCBs into equity, the paid up equity share capital of the Company has increased from 17,03,71,974 equity shares of the face value of Rs.10/- each to 17,17,36,011 equity shares of the face value of Rs.10/- each.
Source: NSE    Date: 2007-09-27

   Housing Development and Infrastructure    
Housing Development And Infrastructure Limited has informed the Exchange that “At the Meeting of Board of Directors under section 292 (1) (b) of the Companies Act, 1956 held on 27 September, 2007, approved the issue of 7500 Secured Redeemable Non Convertible Debenture of the face value of Rs. 10 lakhs each comprising Rs. 750 cr in one or more tranches and passed the umbrella offer document regarding that”.
Source: NSE    Date: 2007-09-27

Housing Development and Infrastructure    
Housing Development And Infrastructure Limited has informed the Exchange that : “Shri Ashok Kumar Gupta is no more an Independent Director he will be considered as Non Executive Non Independent Director with immediate effect.”
Source: NSE    Date: 2007-09-27

Malu Paper Mills   
Malu Paper Mills Limited has submitted to the Exchange a copy of the Minutes of the Annual General Meeting of the Members of the Company held on September 26, 2007. 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: 2007-09-27

Ansal Housing and Construction    
Ansal Housing And Construction Limited has informed the exchange regarding the outcome of the Annual General Meeting of the company held on September 27, 2007. 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: 2007-09-27

Sakthi Sugars  
Sakthi Sugars Ltd. has informed the Exchange that at the Meeting of the Board of Directors of Company held on September 27, 2007, the Directors have recommended the interim dividend paid on preference shares upto the date of redemption i.e. on September 28, 2006 as final dividend for declaration at the Annual General Meeting.
Source: NSE    Date: 2007-09-27

   Indian Hotels Company    
Indian Hotels Co. Ltd. had informed the Exchange regarding the Rights Issues proposed to be made by the company. The Company has now informed the Exchange vide their letter dated September 27, 2007, that: “At the Board Meeting held today, for approving the draft of the Offer document to be filed with SEBI, the Board of Directors decided to modify one of the two instruments comprising the Rights Issue. The modified Rights Issue proposals will now be as under. The company will make two simultaneous but unlinked Rights Issues as follows:- a) There will be no change in the Rights Issue of Equity shares to be offered to the shareholders in the ratio of 1:5 at a price of Rs.70 per share (of the face value of Rs.1 each). This issue will increase the Equity Capital by Rs.12.06 crores (over the present capital of Rs.60.29 crores) and will raise Rs.844 crores; and b) In place of the proposed issue of 4% Fully Convertible Debentures announced earlier, it is now proposed to make a Rights Issue of 6% Non-Convertible Debentures (NCD) of the face value of Rs.100 each in the ratio of 1 NCD for every 10 Equity shares held with each NCD having a detachable Warrant which would give the holders the right to purchase 1 Equity share of the company at a price in the range of Rs.130 to Rs.150 per share and this Right would be exercisable not later than 12 months from the date of allotment. The price at which the Warrants would be exercisable and the specific period for exercising the Warrants will be fixed at the time of the actual issue. The NCDs with a maturity of 3 years would raise an amount of Rs.600 crores and a further sum of Rs.780 crores to Rs.900 crores (depending on the price to be fixed) would be raised when the Warrants are exercised. The increase in capital from this modified instrument would remain at Rs.6 crores as earlier proposed. As before, these issues are subject to such approvals as may be necessary and the draft of the relevant Offer document is in the process of being filed with SEBI”.
Source: NSE    Date: 2007-09-27

Sakthi Sugars    
Sakthi Sugars Ltd. has informed the Exchange that at the Meeting of the Board of Directors of Company held on September 27, 2007, the Directors have recommended 15% dividend on 3,13,73,066 equity shares of Rs.10/- each of the Company.
Source: NSE    Date: 2007-09-27

  Seamec    
Seamec Limited has informed the Exchange that: “Our Vessel SEAMEC-II has been at Curacao dry dock yard, Netherland Antilles since 12th September 2007 undergoing statutory drydock. On 20th September 2007 at around 1700 hrs IST, while undergoing repairs, there was an explosion causing fire in the forward area of the ship. Fire fighting operations commenced immediately and the fire has since been brought under control. The quantum of damage is being ascertained. This accident will affect the operations of the vessel till the completion of remedial measures.”
Source: NSE    Date: 2007-09-27

   ABG Shipyard    
Abg Shipyard Limited has informed the Exchange regarding the Outcome of Annual General Meeting of the Company held on September 27, 2007. 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: 2007-09-27

  Sun Pharmaceutical Industries    
Sun Pharmaceuticals Industries Ltd has informed the Exchange regarding a press release dated September 26, 2007, titled “Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Methimazole Tablets USP, 5 mg and 10 mg”. The details 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: 2007-09-27

   Parsvnath Developers    
Parsvnath Developers Limited has informed the Exchange regarding a press release titled “Parsvnath Prideasia Garners Over 325 Crores Sale in the First Phase of Booking”. The details 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: 2007-09-27

  Satyam Computer Services    
Satyam Computer Services Ltd has informed the Exchange regarding a press release dated September 27, 2007, titled “Satyam Opens Brisbane Solution Center”. 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: 2007-09-27

  Great Eastern Shipping Company    
The Great Eastern Shipping Co. Limited has informed the Exchange regarding a press release dated September 27, 2007, titled “G E Shipping contracts to sell its single hull Aframax”. 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: 2007-09-27

   I-Flex Solutions  
I-Flex Solutions Limited has informed the Exchange regarding a press release dated September 27, 2007, titled “Old Mutual Finance implements Daybreak Lending Suite - Enables its Operational Compliance to South Africa’s National Credit Act”. 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: 2007-09-27

  ABG Shipyard    
Abg Shipyard Limited has informed the Exchange that: “ABG Shipyard concludes the order for construction of 12 Handysize bulk carriers of 35000 DWT each from M/s Bereederungsgesellschaft H. Vogemann GmbH & Co.KG, Hamburg, Germany for approximately USD 360 Million (Rs.1439 Crores Approx). With this order, ABG’s aggregate order book now stands at Rs.7121 Crores”. 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: 2007-09-27

    Lakshmi Energy and Foods    
Lakshmi Energy And Foods Limited has informed the Exchange regarding update on the company’s projects and related developments having significant impact on the company’s future performance. 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: 2007-09-27

  Subhash Projects and Marketing    
Subhash Projects & Marketing Ltd has informed the Exchange regarding a press release dated September 26, 2007, titled “Subhash Project & Marketing Ltd. secures consolidated orders worth Rs 353 crs”. 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: 2007-09-27

    Creative Eye    
Creative Eye Ltd. has submitted to the Exchange a copy of the Minutes of the Annual General Meeting held on September 21, 2007. 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: 2007-09-27

Himatsingka Seide    
Himatsingka Seide Ltd has informed the Exchange regarding the outcome of the Annual General Meeting of the company held on September 26, 2007. The details of the business transacted at the AGM 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: 2007-09-27

    MRO-TEK    
Mro-Tek Limited has informed the Exchange regarding the details of shares bought back by the Company on September 26, 2007 pursuant to the resolution passed at the meeting of the Board of Directors on March 30, 2007, as under: 1) Name of the Broker - Karvy Stock Broking Limited ; 2) Number of equity shares bought back on NSE: 6,294; 3) No. of equity shares bought back on BSE: 3,055; 4) Total no. of equity shares bought back: 9,349; 5) Average Price of Acquisition: 46.96; 6) Cumulative equity shares bought as on September 25, 2007: 16,73,987; 7) Quantity closed out: Nil ; 8) Total equity shares bought back as on September 26, 2007: 16,83,336; 9) Total Amount for which shares have been bought back as on September 26, 2007: Rs.790,50,105.
Source: NSE    Date: 2007-09-27

   Lupin    
Lupin Limited has informed the Exchange regarding a press release dated September 27, 2007, titled “Lupin acquires pharmaceutical business of Rubamin”. 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: 2007-09-27

  Sterlite Optical    
Sterlite Optical Technologies Limited has informed the Exchange regarding a press release dated September 27, 2007, titled “Sterlite launches its range of AI-59 Alloy Power Transmission Conductors”. 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: 2007-09-27

   Gujarat Ambuja Exports    
Gujarat Ambuja Exports Limited has informed the Exchange regarding the details of buy back of shares made by the Company in terms of regulations, as under: 1) Date of buyback - September 26, 2007; 2) - (a) Name of the Broker - Keynote Capitals Limited, (b) Number of equity shares bought back on BSE - 19911, (c) No. of equity shares bought back on NSE/Others - 30002, (d) Total no. of equity shares bought back - 49913, (e) Average Price of Acquisition - 32.57; 3) - (a) Name of the Broker - JRG Securities Limited, (b) Number of equity shares bought back on BSE - Nil, (c) No. of equity shares bought back on NSE/Others - Nil, (d) Total no. of equity shares bought back - Nil, (e) Average Price of Acquisition (Rs.) - Nil; 4) Cumulative equity shares bought as on September 25, 2007 - 209192; 5) Quantity closed out - Nil; 6) Total equity shares bought back as on September 26, 2007 - 259105. Till date the company has extinguished 2,09,192 equity shares.
Source: NSE    Date: 2007-09-27

  Remsons Industries    
Remsons Industries Ltd had informed the Exchange that pursuant to a Board Resolution passed on June 30, 2007, the Company has shifted / transferred all its manufacturing activities from plot no. 59-BC and Plot No.88-B, Government Industrial Estate, Kandivli (West). Mumbai - 400 067 to its Daman factory situated at Goodluck House, Survey No.729/1, Ringanwada, Village Dabhel, Daman (U.T.) w.e.f. August 06, 2007. All the workers / employees were asked to join their duties at Daman. The Company has now informed the Exchange that: “The Board of Directors, in their meeting held on 30th June 2007 had also unanimously approved the Voluntary Retirement Scheme (VRS 2007) for the benefit of the employees working at its aforesaid Units at Kandivli, Mumbai, who due to various reasons were unable to join their duties at Daman. We may inform you that the shifting / transfer of the production facilities has been successfully completed. Workers and staff members not interested for transfer opted the VRS and offered their resignations, which were duly accepted. The Company has made payment in full and final settlement of all their legal dues including the payment for leave encashment, gratuity and also the additional payment under the Voluntary Retirement Scheme (VRS 2007). All the matters were peacefully and amicably settled with the representatives of their Union. The aforesaid step is a part of total corporate restructuring programme undertaken by the Company”.
Source: NSE    Date: 2007-09-27

    Gold Benchmark Exchange Traded Scheme    
Benchmark Asset Management Company Private Limited has informed the Exchange that the NAV of Gold BeES for September 26, 2007 is Rs. 946.5056.
Source: NSE    Date: 2007-09-27