Indiabulls Real Estate

Indiabulls Real Estate Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 3894.85 lacs for quarter ending on 31-DEC-2008 against Rs. 8156.46 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 1132.77 lacs for the quarter ending on 31-DEC-2008 against Rs. 2584.37 lacs for the quarter ending on 30-SEP-2008.
Source: NSE   Date:30-Jan-2009
Indiabulls Real Estate

Indiabulls Real Estate Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 1463.49 lacs for quarter ending on 31-DEC-2008 against Rs. 1463.48 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 677.82 lacs for the quarter ending on 31-DEC-2008 against Rs. 687.86 lacs for the quarter ending on 30-SEP-2008.
Source: NSE   Date:30-Jan-2009
IG Petrochemicals

Ig Petrochemicals Ltd. has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter ended December 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on January 30, 2009) that: “The auditors have qualified the financial statement for the year ended 31.03.2008 regarding depreciation on Plant & Machinery w.e.f. 1.4.2006 on the basis of useful life of the assets as determined by an approved valuer as against the rates specified in the Schedule XIV of the Companies Act, 1956. The Company continues to provide depreciation on the same basis in order to reflect the proper Value of the Assets. This has resulted in decrease in quarterly depreciation charged by Rs.219.57 Lacs. The accumulated depreciation lower charged as at 31.12.2008 is Rs. 2,417.52 Lacs”
Source: NSE   Date:30-Jan-2009

Hind Syntex

Hind Syntex Ltd. has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter ended December 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on January 30, 2009) that: “Auditors qualification with regard to provision of depreciation on plant & Machinery and the rates prescribed under continuous process plant continues as in the past”.
Source: NSE   Date:30-Jan-2009
Blue Dart Express

Blue Dart Express Ltd has submitted to the Exchange the statement of Appropriation as on December 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:30-Jan-2009
Punjab National Bank

Punjab National Bank has informed the Exchange that “The Bank, has decided to reduce the BPLR by 50 bps from 12% to 11.50% w.e.f. 01.02.2009. This measure has been taken to ensure availability of credit to the existing and new borrowers at a lower rate. The BPLR was last revised downward by the Bank w.e.f. 01.1.2009 by 50 bps to 12%. The benefit of reduction of BPLR has been passed on to all existing and new accounts linked with BPLR under Small & Micro Enterprises and Agriculture. For other loans linked with BPLR, the full benefit has been passed on to all new and existing accounts wherever the interest rate are charged at BPLR and above. The Bank has also decided to revise the retail deposit rates downwards by 25 to 100 bps across all the maturity buckets. With this reduction, the peak retail deposit rate would be reduced from 8.50% to 8%. All the revised rates will be applicable w.e.f. 01.02.2009″.
Source: NSE   Date:30-Jan-2009
Great Eastern Shipping Company

The Great Eastern Shipping Co. Limited has informed the Exchange that the Board of Directors at their meeting held on January 30, 2009 have declared an interim dividend of Rs. 2.50 per share to the equity shareholders of the Company which will be paid on or after February 19, 2009.
Source: NSE   Date:30-Jan-2009
Mahindra and Mahindra

Mahindra & Mahindra Ltd. has informed the Exchange that: “The Hon’ble High Court of Judicature at Bombay has approved the Scheme of Amalgamation of Punjab Tractors Limited with Mahindra and Mahindra Limited and their respective Shareholders vide Order dated 9th January, 2009, a certified copy of which was made available on 22nd January, 2009.The Hon’ble High Court of Punjab and Haryana, Chandigarh has also approved the Scheme vide Order dated 16th January, 2009. However, the certified copy of this Order is yet to be received.The Effective Date of the Scheme will be the last of the dates on which the said certified copies of the Orders passed by the aforesaid High Courts are filed with the Registrar of Companies, Maharashtra, Mumbai and the Registrar of Companies, Punjab, Jalandhar respectively”.
Source: NSE   Date:30-Jan-2009
Great Eastern Shipping Company

The Great Eastern Shipping Co. Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 72877 lacs for quarter ending on 31-DEC-2008 against Rs. 65332 lacs for the quarter ending on 31-DEC-2007. Net Profit / (Loss) of Rs. 24103 lacs for the quarter ending on 31-DEC-2008 against Rs. 29357 lacs for the quarter ending on 31-DEC-2007.
Source: NSE   Date:30-Jan-2009
Sundaram Finance

Sundaram Finance Ltd. has informed the Exchange that at the Board Meeting held on January 30, 2009 Sri P. Viswanathan, Vice President & Deputy Secretary, has been appointed as ‘Compliance Officer’ in the place of Sri P. N. Srikant.
Source: NSE   Date:30-Jan-2009
Mcnally Bharat Engineering

Mcnally Bharat Engineering Company Limited has submitted to the Exchange a copy of the information update of the Company for the period ended December 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:30-Jan-2009
Cummins India

Cummins India Ltd. had informed the Exchange that the Board of Directors of the Company have declared an interim dividend of 200% (Two Hundred percent) i.e. Rs.4/- per equity share, for the financial year 2008-09. The Company has now informed the Exchange that dividend warrants dated February 23, 2009 for the above interim dividend will be posted to the shareholders by February 21, 2009.
Source: NSE   Date:30-Jan-2009
Walchandnagar Industries

Walchandnagar Industries Ltd has informed the Exchange that “The Remuneration Committee of Board of Directors held today i.e. on 29th January, 2009, has approved Employees Stock Purchase Scheme, 2008 for grant of 27,360 equity shares of Rs. 2/- each to the permanent employees of the Company at par.( i.e. Rs. 2/-)”.
Source: NSE   Date:30-Jan-2009