NSE Notices 29-6-2007

   Pitti Laminations     
Pitti Laminations Limited has informed the Exchange that the Board of Directors at the meeting held on June 28, 2007 have recommended dividend at 20% for 2006-2007 on 94,50,000 equity shares. This includes dividend on 2,40,000 equity shares that were allotted on April 11, 2007 upon conversion of equal number of share warrants.
Source: NSE    Date: 2007-06-29

   Lakshmi Overseas Industries    
Lakshmi Energy And Foods Limited has informed the Exchange that: “Mr. Kewal Krishan Arora, Director of the Company has resigned from the directorship of the Company w.e.f. June 22, 2007″.
Source: NSE    Date: 2007-06-29

   Pudumjee Agro Industries    
Pudumjee Agro Industries Ltd has informed the Exchange that the Board of Directors at their meeting held on June 29, 2007 have not recommended any dividend for the year 2006-07. Further, the Company has announced Book Closure from August 24, 2007 to September 03, 2007, both days inclusive for the purpose of Annual General Meeting.
Source: NSE    Date: 2007-06-29

Pudumjee Agro Industries    
Pudumjee Agro Industries Ltd has informed the Exchange regarding the details of accounts pursuant to clause 20 of the Listing Agreement. 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: 2007-06-29

Vimta Labs
Vimta Labs Limited has informed the Exchange that “Prof K Ramachandran was appointed as Additional Director by the Board in its meeting held on 28.06.2007″.
Source: NSE    Date: 2007-06-29

   Glenmark Pharma    
Glenmark Pharmaceuticals Ltd. has informed the Exchange regarding a press release dated June 29, 2007, titled “Glenmark receives US FDA approval for Ondansetron IR and Ondansetron ODT 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: 2007-06-29

   HBL Power Systems   
Hbl Power Systems Limited has informed the Exchange that the Board of Directors at their meeting held on June 28, 2007 has recommended for the payment of Dividend @15% for the financial year 2006-07.
Source: NSE    Date: 2007-06-29

  GAIL India    
Gail (India) Limited has informed the Exchange regarding a press release dated June 28, 2007, titled “Saudi Ambassador visits GAIL”. 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: 2007-06-29

Elecon Engineering Company    
Elecon Engineering Co Ltd has informed the Exchange that Company has fixed July 17, 2007 to July 24, 2007 as Book closure for the purposed of payment dividend and proposed Annual General Meeting of the Company.
Source: NSE    Date: 2007-06-29

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 June 28, 2007 is Rs.865.0055.
Source: NSE    Date: 2007-06-29

KRBL    
Krbl Limited has informed the Exchange that the Board at their Board Meeting held on June 28, 2007, has recommended a dividend of Rs.2/- per share (20%) for the year ended March 31, 2007.
Source: NSE    Date: 2007-06-29

Suzlon Energy  
Suzlon Energy Limited has informed the Exchange that: “Suzlon Wind Energy Corporation, the USA, the step-down subsidiary of the Company has extended its contract with PPM Energy of Portland, Oregon, the USA to add 300 MW of wind turbine capacity to become one of the largest single contracts in the history of the Company and the US wind energy industry. The original agreement calls for delivery of 300 MW of turbine capacity in 2008 and 100 MW of capacity in 2009, but now has been extended to include an additional 300 MW in 2009 for a total of 700 MW over two years”.
Source: NSE    Date: 2007-06-29

Benchmark Asset Management Company Pvt. Ltd. has informed the Exchange that the Net Asset Value (per unit) of Bank BeES as on June 28, 2007 is Rs.660.0655.
Source: NSE    Date: 2007-06-29

  Gold Benchmark Exchange Traded Scheme    
Benchmark Asset Management Company Private Limited has informed the Exchange that the NAV of Gold BeES for June 28, 2007 is Rs. 864.2016.
Source: NSE    Date: 2007-06-29

  Junior BeES    
Benchmark Asset Management Co. Pvt. Ltd. has informed the Exchange that the Net Asset Value (per unit) of Junior BeES as on June 28, 2007 is Rs. 86.8344.
Source: NSE    Date: 2007-06-29

Nifty BeES    
Benchmark Asset Management Co. Pvt. Ltd. has informed the Exchange that the Net Asset Value (per unit) of Nifty BeES as on June 28, 2007 is Rs.432.7668.
Source: NSE    Date: 2007-06-29

  Wendt (India)    
Wendt (India) Ltd. has informed the Exchange that: “We have received an intimation from Wendt Holding GmbH Germany informing the following: 1) Acquisition of 800327 equity shares of our Company (40.02% of the paid up capital); 2) Name of the Acquirer: Winterthur Technologie AG, Zug; 3) Mode of acquisition: Indirect acquisition of one of the promoter shareholders of our Company namely Wendt GmbH Germany; 4) Paid up capital of our Company before and after the acquisition: 20,00,000 equity shares of Rs.10/- each”.
Source: NSE    Date: 2007-06-29

  Star Paper Mills    
Star Paper Mills Ltd has informed the Exchange that: Auditors observation for certain loans including interest thereon and diminution in the value of investment have been explained in the Audited Accounts for the year ended March 31, 2006 and there is no material change therein, expect as below : “The Company had given a loan of Rs. 12.00 Crores to an associate company which had been subsequently referred to Board for industrial and Financial Reconstruction (BIFR). The BIFR vide its order dated 13th March, 2007 had held that the said associate company be wound up under section 20(1) of Sick Industrial Companies (Special Provision) Act, 1985 (SICA). Subsequently the Hon’ble high Court at Calcutta on recommendation of BIFR has passed order to wind up the associate company. Accordingly, adjustments for short recovery will appropriately be dealt with in the annual accounts on determination thereof, However, this is not likely to have any impact on the operational profits of the company as stated above”.
Source: NSE    Date: 2007-06-29

   Navneet Publications    
Navneet Publications Ltd. has submitted to the Exchange a Statement of Appropriations as per Clause 20 of the Listing Agreement for the year ended March 31, 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: 2007-06-29

    Liquid Bees    
Benchmark Asset Management Company Private Limited has informed the Exchange that the Net Asset Value (per unit) of LIQUIDBEES as on June 28, 2007 is Rs.1000.
Source: NSE    Date: 2007-06-29

   Unity Infraprojects   
Unity Infraprojects Limited has informed the Exchange that “The details of utilisation of the Net IPO Proceeds are as stated below: (All figures in Rs. Lakhs) (i) Particulars - Investment in Capital Equipment; As Projected in the Prospectus - 4500.00; As on March 31, 2007 - 1731.50. (ii) Particulars - Pre-payment /Repayment of Debt; As Projected in the Prospectus - 4500.00; As on March 31, 2007 - 3650.00. (iii) Particulars - Investment in BOT Projects; As Projected in the Prospectus - 3000.00; As on March 31, 2007 - 737.50. (iv) Particulars - Funding working capital margin requirements; As Projected in the Prospectus - 2000.00; As on March 31, 2007 - 1489.00. (v) Particulars - General corporate purposes and other expenses; As Projected in the Prospectus - 3129.00; As on March 31, 2007 - 1785.00. Total - As Projected in the Prospectus - 17129.00; As on March 31, 2007 - 9393.00. Pending utilisation, as on March 31, 2007 balance funds have been invested in various debt schemes of Mutual funds and fixed deposits of Banks. The Company has re-classified the utilisation of funds during the quarter”.
Source: NSE    Date: 2007-06-29

  Lakshmi Precision Screws    
Lakshmi Precision Screws Limited had informed the Exchange that the Board of Directors of the Company in their Meeting held on June 27, 2007 has recommended the payment of dividend subject to the approval of Members of the Company and permission of the Financial Institution and Banks of Rs.2.00 per share (20%) on 10941667 Equity Shares of the Company for the year ended March 31, 2007. The Company has now informed the Exchange that: “the Board of Directors of the Company in their meeting held on June 28, 2007 recommended the payment of dividend subject to the approval of Members of the Company and permission of the Financial Institutions/Banks of Rs.1.80 per share (18%) on 10941667 Equity Shares which was by inadvertence mentioned at Rs.2.00 per share (20%) in our fax letter dated 28th June 2007″.
Source: NSE    Date: 2007-06-29

   Blue Bird (India)   
Blue Bird (India) Limited has informed the Exchange regarding the outcome of the Board Meeting held on June 28, 2007 and the details under clause 20 of the listing agreement. The details of the out come of Board Meeting and details submitted under clause 20 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: 2007-06-29

    Banco Products (India)    
Banco Products (I) Ltd has informed the Exchange that the meeting of the Board of Directors of the Company was held on June 28, 2007 and inter alia transacted the following business: 1) Approved the notice of Annual General Meeting scheduled to be held on July 28, 2007. 2) It was decided to review further, the matter of issue of Equity Shares to M/s Japan Metal Gasket Limited, Foreign Collaborator, through preferential allotment of 339,104 Equity Shares of Rs.10/- each. 3) The Register of Members and Share Transfer Books of the Company will remain close from July 21, 2007 to July 28, 2007 (both days inclusive) for the purpose of payment of dividend subject to approval of the shareholders at the ensuing Annual General Meeting.
Source: NSE    Date: 2007-06-29

  Revathi CP Equipment   
Collins Stewart Inga Private Limited has informed the Exchange that Revathi Equipment Limited under the Buy-back of Equity Shares in terms of SEBI (Buy-back of Securities) Regulations 1998 using the Stock Exchanges Mechanism has bought ‘Nil’ equity shares on BSE and NSE, the details for which in the specified format is as under: (a) Name of the Broker - Cholamandalam Securities Ltd.; (b) Date of buyback - June 28, 2007; (c) No. of equity shares bought back on BSE - Nil; (d) No. of equity shares bought back on NSE / Others - Nil; (e) Total no. of equity shares bought back - Nil; (f) Average Price of Acquisition (Rs.) - Nil; (g) Cumulative Equity Shares bought as on June 27, 2007- 1,42,857; (h) Quantity Closed Out on June 28, 2007 - Nil; (i) Quantity Closed out as on June 27, 2007 - Nil; (j) Total Quantity Closed Out - Nil; (k) Total equity shares bought back as on June 28, 2007 - 1,42,857.
Source: NSE    Date: 2007-06-29

   Lanxess ABS    
Lanxess Abs Limited has informed the Exchange that: “Lanxess ABS Limited (the Company) has been informed that Lanxess India Private Limited, Mr Rakesh Agrawal, Mrs Uma Agrawal, Mr Rahul Agrawal, Mr Vishal Agrawal, Geetganga Investments Private Limited and Tash Investments Private Limited, the promoters of the Company, have entered into an agreement on June 28, 2007 to sell their shares in the Company to INEOS ABS (Jersey) Limited, a company controlled by the British chemical group INEOS. The parties expect the transaction to be completed at the end of September 2007″.
Source: NSE    Date: 2007-06-29

  UTI Sunder    
Uti Mutual Fund has informed the Exchange that the Net Asset Value (per unit) of UTISUNDER as on June 28, 2007 is Rs. 439.5191.
Source: NSE    Date: 2007-06-29

Cranes Software International    
Cranes Software International Limited has informed the Exchange regarding a press release dated June 28, 2007, titled “Cranes Software’s FY2007 consolidated operating revenues up by 35% to Rs.2,848.5 million and PAT higher by 39% to Rs.871.2″. 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: 2007-06-29

  Broadcast Initiatives    
Broadcast Initiatives Limited has informed the Exchange regarding a press release titled “Broadcast Initiatives Limited, A Sri Adhikari Brothers Enterprise is launching World’s first Bhojpuri Channel”. 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: 2007-06-29

   Blue Bird (India)    
Blue Bird (India) Limited has informed the Exchange that the meeting of the Board of Directors and the Audit Committee of the Company were held on June 28, 2007 wherein following decisions have been taken (1) The Board of Directors have recommended the final dividend of Rs.1.20 per share on Equity share of Rs.10/- each for the year ended March 31, 2007 for the approval of the Annual General Meeting of the Company to be held on August 24, 2007. (2) The Company’s Register of Members and Share Transfer books shall remain closed from August 20, 2007 to August 23, 2007 (both days inclusive) for Annual General Meeting purpose and for the purpose of Dividend.
Source: NSE    Date: 2007-06-29