NSE Notices 29-05-2008

May 29th, 2008 | by sharegyan |

 KEC International

Kec International Limited has informed the Exchange that “The Register of Members and Share Transfer books of this company shall remain closed from Friday, June 20, 2008 to Friday, June 27, 2008 (both days inclusive) for the purpose of Annual General Meeting to be held on June 27, 2008 and also to determine the members entitled to receive the dividend, if declared”.

Source: NSE    Date: 2008-05-29

 Larsen and Toubro 

Larsen & Toubro Limited has informed the Exchange that “Mr. A. K. Jain has been appointed as an Additional Director representing equity interest of the Specified Undertaking of the Unit Trust of India (SUUTI) with effect from 29th May, 2008.”

Source: NSE    Date: 2008-05-29

 Aarti Industries 

Aarti Industries Ltd. has submitted to the Exchange the statement of Appropriations as per Clause 20 of the Listing Agreement. 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: 2008-05-29

 KEC International 

Kec International Limited has informed the Exchange vide its letter dated May 28, 2008 that : “The Committee of the Board of Directors of the Company in its meeting held today, have issued and allotted 750 equity shares including fractional entitlements thereto to a trustee against 1688 rights shares kept in abeyance in the ratio of 4 equity shares of the Company for every 9 rights of equity shares of the erstwhile RPG Transmission Limited”.

Source: NSE    Date: 2008-05-29

 Aarti Industries 

Aarti Industries Ltd. has submitted to the Exchange the auditor’s report in respect of the audited financial results for the year ended March 31, 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: 2008-05-29

 Hyderabad Industries

Hyderabad Industries Ltd has informed the Exchange that Board of Directors at its meeting held on May 29, 2008, have recommended payment of Rs.20,00,000/- (Rupees Twenty Lakhs only) as commission among non-executive Directors of the Company. Pursuant to provisions of Section 309 of the Companies Act, 1956 and Article 118(4) of Articles of Association of the Company, the consent of Shareholders for payment of commission to Non-Executive Directors, was obtained at the Annual General Meeting held on July 21, 2006.

Source: NSE    Date: 2008-05-29

 Aarti Industries 

Aarti Industries Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 29, 2008 has declared final dividend @ Rs. 0.50 ps. (10%) per share for the financial year 2007-2008.

Source: NSE    Date: 2008-05-29

 Power Grid Corporation of India 

Power Grid Corporation Of India Limited has informed the Exchange that the meeting of the Boards of Directors of the Company scheduled to be held on May 29, 2008 to consider and approve amongst other items of Agenda, the Audited Financial Results of the Company for the FY 2007-08 after these results are reviewed by the Audit Committee of the Board and the recommendation of Final Dividend, if any, by the Board has been postponed, keeping in view the likely disruption of traffic in NCR and to avoid inconvenience to Board/Audit Committee members.

Source: NSE    Date: 2008-05-29

Larsen and Toubro 

Larsen & Toubro Limited has informed the Exchange regarding a press release dated May 29, 2008, titled “Performance for the year ended March 31, 2008; Net Profit for the year surges 55%; Robust revenue growth of 41% during the year; Declares 1:1 Bonus Issue”. 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: 2008-05-29

 Sun Pharmaceutical Industries 

Sun Pharmaceuticals Industries Ltd has informed the Exchange regarding a press release dated May 29, 2008, titled “Sun Pharma Responds to Taro’s purported Termination of Merger Agreement”. 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: 2008-05-29

 Orchid Chemicals and Pharmaceuticals 

Orchid Chemicals & Pharmaceuticals Ltd has informed the Exchange regarding a press release dated May 29, 2008, titled “Orchid’s FY08 turnover rises by 36% to Rs.1239 crore; Net profit records a growth of 91%; Board recommends dividend of 30%”. 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: 2008-05-29

 Ipca Laboratories 

Ipca Laboratories Ltd. has informed the Exchange regarding a press release dated May 29, 2008, titled “Ipca- Financial Result”. 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: 2008-05-29

 Ipca Laboratories 

Ipca Laboratories Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 29, 2008 has recommended a final dividend of Rs.4.50 per share (45%) for the financial year 2007-08. Together with the interim dividend of Rs.3.50 per share (35%) already declared and paid, the total Dividend for the financial year amounts to Rs.8/- per share (80%).

Source: NSE    Date: 2008-05-29

Orchid Chemicals and Pharmaceuticals 

Orchid Chemicals & Pharmaceuticals Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 29, 2008 has recommended a dividend of 30% (Rs.3/- per share) on the equity share of Rs.10/- each.

Source: NSE    Date: 2008-05-29

 Dr Reddys Laboratories 

Dr. Reddy’S Laboratories Ltd. has informed the Exchange regarding a press release dated May 29, 2008, titled “Dr Reddy’s launches ‘Atocor - R’ - combination of Atorvastatin and Ramipril in India”. 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: 2008-05-29

 Orchid Chemicals and Pharmaceuticals 

Orchid Chemicals & Pharmaceuticals Ltd has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 123891.62 lacs for year ending on 31-MAR-2008 against Rs. 93417.55 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 18453.61 lacs for the year ending on 31-MAR-2008 against Rs. 9663.18 lacs for the year ending on 31-MAR-2007.

Source: NSE    Date: 2008-05-29

Orchid Chemicals and Pharmaceuticals 

Orchid Chemicals & Pharmaceuticals Ltd has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 130096.39 lacs for year ending on 31-MAR-2008 against Rs. 98508.07 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 17533.99 lacs for the year ending on 31-MAR-2008 against Rs. 7859.64 lacs for the year ending on 31-MAR-2007.

Source: NSE    Date: 2008-05-29

 Hyderabad Industries

Hyderabad Industries Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 29, 2008 have recommended a dividend @50% being an amount equivalent to Rs.5/- per Share on the Equity Share of Rs.10/- each, for the consideration and approval of shareholders, at the ensuing Annual General Meeting of the Company.

Source: NSE    Date: 2008-05-29

 United Breweries Holdings 

United Breweries (Holdings) Limited has informed the Exchange that “Vide Communication No. CSEA/LD/308/2008 dated May 16, 2008,The Calcutta Stock Exchange Association Limited had advised the Company that our application for voluntary delisting under SEBI (Delisting of Securities) Guidelines 2003 has been granted by their Board of Directors on March 25, 2008.”

Source: NSE    Date: 2008-05-29

 Blue Bird (India)

News Verification : The media had reports that Indiabulls Financial Services Limited may acquire a strategic stake in the Company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Blue Bird (India) Limited has vide its letter inter-alia stated, “We hereby confirm that the Company has no information pertaining to the the news published in the media and disclaim the same. ”

Source: NSE    Date: 2008-05-29

NTPC

NTPC Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2008 as follows: Net Sales of Rs. 1074360 lacs for quarter ending on 31-MAR-2008 against Rs. 886030 lacs for the quarter ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 133950 lacs for the quarter ending on 31-MAR-2008 against Rs. 173470 lacs for the quarter ending on 31-MAR-2007.

Source: NSE    Date: 2008-05-29

 Advanta India 

Advanta India Limited has informed the Exchange that the auditor’s have conducted the limited review of the unaudited financial results for the quarter ended March 31, 2008 and found the same to be in order subject to certain observations. The auditor’s observations are : Non-disclosure of consumption of raw materials and purchase of traded goods separately.

Source: NSE    Date: 2008-05-29

 NTPC 

NTPC Limited has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 3705010 lacs for year ending on 31-MAR-2008 against Rs. 3263170 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 741480 lacs for the year ending on 31-MAR-2008 against Rs. 686470 lacs for the year ending on 31-MAR-2007.

Source: NSE    Date: 2008-05-29

 NTPC 

Ntpc Limited has informed the Exchange that the Board of Directors at its meeting held on May 29, 2008 have recommended final dividend @ 8% of paid up equity share capital in addition to the interim dividend paid @27% of paid up equity share capital in February 2008.

Source: NSE    Date: 2008-05-29