NSE Notices 31-08-2007
August 31st, 2007 | by sharegyan | California Software
California Software Company Limited has informed the Exchange vide its letter dated August 30, 2007 that “The Company has appointed Mr.V.S.Navin Shushant as Company Secretary and designated him as Compliance Officer in terms of the listing agreement, with effect from date. The company had accepted earlier the resignation of Mr. Sudhir Anand from this post”.
Source: NSE Date: 2007-08-31
Hindustan Organic Chemicals
Hindustan Organic Chemicals Ltd has informed the Exchange that the Register of Members and Share Transfer Books of the Company will be closed from September 20, 2007 to September 28, 2007 (both days inclusive) for the purpose of Annual General Meeting of the Members of the Company, scheduled to be held on September 28, 2007.
Source: NSE Date: 2007-08-31
Electrosteel Castings
Electrosteel Castings Ltd has informed the Exchange that the Shareholders of the Company, at the Ordinary General Meeting held on August 31, 2007 approved the following: (1) Issue of up to 20,00,000 share warrants to the Promoter/Promoter Group on a preferential basis. (2) Sub-division of each equity share of the nominal value of Rs.10 (Rupees Ten Only) each fully paid up in the capital of the Company into 10 (Ten) Equity Shares of Re.1 (Rupees One only) each fully paid up.” (3) Alteration of Memorandum and Article of Association of the Company to give effect to item No.2 above.
Source: NSE Date: 2007-08-31
Compulink Systems
Compulink Systems Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on August 31, 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: 2007-08-31
Geojit Financial Services
Geojit Financial Services Limited has submitted to the Exchange a copy of proceedings of the Annual General Meeting of the Company held on June 29, 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: 2007-08-31
Jindal Poly Films
Jindal Poly Films Limited has informed the Exchange that in the meeting of Board of Directors of the Company held on August 31, 2007 the Board has recommended a dividend of 20% on Equity Shares subject to approval of Shareholders in the ensuing Annual General Meeting of the Company.
Source: NSE Date: 2007-08-31
Omaxe
Omaxe Limited has informed the Exchange that : “Tender offer of the Company to the tender floated by Delhi Metro Rail Corporation Limited (DMRC) for commercial development of Chawri Bazar Metro Station, has been accepted by DMRC. The tender offer comprises of our quoted amount of Rs. 25,51,001 (Twenty Five Lacs Fifty one Thousand one) per quarter for 1529 sq mtr for the work of “Commercial development of Chawri Bazar Metro Station”. The License period is for 12 years from the date of handover of the site by DMRC. The Total contract amount for 12 years is Rs. 18,43,25,280.40 considering 20% increase on compounding basis after competition of every three years”.
Source: NSE Date: 2007-08-31
Balrampur Chini Mills
Balrampur Chini Mills Ltd has informed the Exchange that “Pursuant to the Share Purchase Agreement dated 18.08.2006 & the subsequent Open Offer to the shareholders of Indo Gulf Industries Ltd. (IGIL) as required under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997, 605860 shares representing 6.33% of the equity shares of IGIL, which were acquired by the Company, but could not be transferred due to ex-parte interim order passed by the Hon’ble Delhi High Court dated 6th September, 2006 restraining IGIL to transfer the said shares. Now, as the disputes between the parties have been settled and the Hon’ble Delhi High Court has vacated the stay order, the said shares were transferred in the name of the Company on 30.08.2007″.
Source: NSE Date: 2007-08-31
Nicholas Piramal
Nicholas Piramal India Ltd. has informed the Exchange vide its letter dated August 31, 2007, that: “The Board of Directors at its Meeting held today, approved the proposal of de-merging its New Chemical Entity (NCE) Research Unit under a Scheme of Arrangement into a separate company (Transferee Company) in which Nicholas Piramal India Limited (NPIL) will hold equity capital of Rs.5 crores. Under the proposed Demerger Scheme, the NCE Undertaking with net assets (at book value) inclusive of unutilized monies collected under the Rights Issue of 2005 and intended for R&D to the extent of Rs. 95 crores would be transferred from NPIL to the Transferee Company, with effect from 1st April 2007, which is the Appointed Date under the Scheme. In consideration, the Transferee Company would issue fully paid up equity shares aggregating to Rs.21 Crs to the shareholders of NPIL in the ratio of 1:10 (i.e. 1 equity share of Rs.10 for every 10 equity shares of Rs.2 each held in NPIL). Post de-merger, NPIL would hold 18% of the equity capital of the Transferee Company and the remaining 82% would be held by the shareholders of NPIL and thus, the Transferee Company would be an independent company. The Transferee Company would be listed on the BSE and NSE and after listing, at an appropriate time, will explore various options for raising further funds to meet its business requirements. The above Scheme is subject to applicable regulatory and other approvals”. Further, a copy of the press release in this regard dated August 31, 2007, titled “Nicholas Piramal to de-merge its New Chemical Entity (NCE) Research and Development unit into an independent company” 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: 2007-08-31
Balrampur Chini Mills
Balrampur Chini Mills Ltd has informed the Exchange that : “Indo Gulf Industries Ltd. (IGIL) became a Subsidiary Company of Balrampur Chini Mills Ltd. effective from 30th August, 2007″.
Source: NSE Date: 2007-08-31
United Spirits
United Spirits Limited has informed the Exchange that: “In accordance with the Offering Circular dated March 24, 2006 of issue of US$100,000,000 2.00 per cent Convertible Bonds due 2011 (”the Bonds”), the Company has received conversion notices in respect of 2,000 Bonds aggregating to US$ 2,000,000 from the bond holders. The Committee of Directors of the Company at its meeting held on August 29, 2007 has allotted 113,777 equity shares of Rs.10/- each, on conversion of 2,000 Bonds at a conversion price of Rs.781/- per equity share, with the fixed rate of exchange on conversion of Rs.44.43 = US$1.00. Consequent upon the allotment on conversion of Bonds, the total issued and paid up equity capital of the Company stands increased to Rs. 980,595,270 divided into 98059527 equity shares of Rs.10 each from the present Equity capital of Rs.979,457,500 divided into 97945750 equity shares of Rs 10 each”.
Source: NSE Date: 2007-08-31
Paramount Communications
News Verification : The media had reports that Paramount Communications Ltd may acquire UK based AEI Cables for around Rs 260 crore. 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. Paramount Communications Ltd has vide its letter inter-alia stated, “We would like to inform that the Board of the Company is meeting today to consider the proposed acquisition. We will update and keep the Stock Exchange informed in this regard.”
Source: NSE Date: 2007-08-31
Unity Infraprojects
Unity Infraprojects Limited has informed the Exchange that at the Annual General Meeting of the Company held on August 30, 2007, the following businesses were transacted unanimously: 1) Mr. Kishore K Avarsekar, Mr Abhijit K Avarsekar and Mr Suresh Iyer were re-appointed as Directors of the Company. 2) M/s C. B. Chhajed & Company, Chartered Accountants were re-appointed as Statutory Auditors of the Company. 3) Dividend at 30% (Rs.3/- per Share) on the Equity Shares was declared for the Financial Year 2006-07.
Source: NSE Date: 2007-08-31
Jubilant Organosys
Jubilant Organosys Limited has informed the Exchange that the Annual General Meeting of the Company will be held on September 25, 2007 and the Register of Members/Share Transfer Books of the Company will remain closed from September 19, 2007 to September 25, 2007, both days inclusive. The Dividend on equity shares, if declared at the Annual General Meeting, will be paid within 30 days of the Annual General Meeting.
Source: NSE Date: 2007-08-31
Hanung Toys and Textiles
Hanung Toys And Textiles Limited has informed the Exchange regarding the outcome of the Annual General Meeting of the company held on August 28, 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: 2007-08-31
Satyam Computer Services
Satyam Computer Services Ltd has informed the Exchange regarding a press release dated August 31, 2007, titled “Satyam partners in developing Hera FxV-India’s first Digital Car launched at CII Conclave”. 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: 2007-08-31
GMR Infrastructure
Gmr Infrastructure Limited has informed the Exchange that: “The Board of Directors of the Company in their Meeting held on 30th August 2007 has approved and fixed 8th October 2007 as the record date for split of each equity share of Rs.10/- each in to 5 equity shares of Rs.2 each”.
Source: NSE Date: 2007-08-31
GMR Infrastructure
Gmr Infrastructure Limited had informed the Exchange regarding the outcome of the Annual General Meeting of the company held on August 30, 2007. Now, the Company has further informed the Exchange that: “In the 11th Annual General Meeting of the Company held on 30th August, 2007, the members have approved under Agenda item no.8, the increase of authorised share capital of the Company from Rs.400 Crores to Rs.750 Crores and the sub-division of each and every one of the existing equity shares of Rs.10/- each into 5 equity shares of Rs.2/- each”.
Source: NSE Date: 2007-08-31
Suryalakshmi Cotton Mills
Suryalakshmi Cotton Mills Limited has informed the Exchange that the Annual General Meeting of the Company will be held on September 28, 2007. Further, the Book closure will be from September 21, 2007 to September 28, 2007 (both the days inclusive). Further the Company has informed that the Board has not recommended any dividend for the year 2006-07.
Source: NSE Date: 2007-08-31
Gujarat NRE Coke
Gujarat Nre Coke Ltd. has informed the Exchange regarding a Joint Press announcement made by the Australian Subsidiaries of the Company, titled “Gujarat NRE Australian Subsidiary India NRE Minerals Ltd., proposes to acquire Gujarat NRE Resources NL by way of an off market take over bid with the merged operations creating a major Australian Coal Company”. 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: 2007-08-31
India Nippon Electricals
India Nippon Electricals Limited has informed the Exchange that the Annual General Meeting of the Shareholders of the Company will be held on August 31, 2007.
Source: NSE Date: 2007-08-31
Gammon India
Gammon India Ltd. has informed the Exchange that: “We are pleased to inform you that the consortium of Gammon and Dragados S.P.L. has received the ‘Letter of Intent’ for the Mumbai Offshore Container Terminal Project. The estimated project cost is about Rs.800 crores in the initial phase of 3 years and another Rs.400 crores subsequently, thus aggregating about Rs.1200 crores. The Project is on a BOT basis for 30 years, including a 3 years of construction & equipping period”.
Source: NSE Date: 2007-08-31
Vaibhav Gems
Vaibhav Gems Limited has informed the Exchange regarding the decisions taken at the Board Meeting held on August 30, 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: 2007-08-31
Bombay Rayon Fashions
Bombay Rayon Fashions Limited has submitted to the Exchange a copy of the Proceedings of the Annual General Meeting of the Company held on August 30, 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: 2007-08-31
Cheslind Textiles
Cheslind Textiles Ltd has informed the Exchange vide its letter dated August 30, 2007, that: “Consequent to the implementation of “Share Purchase Agreement” dated 19.03.2007, entered by the promoters of the company, other than TIDCO with M/s. RSWM Limited and upon due completion of Open Offer resulting in RSWM Limited acquiring 1,53,48,477 equity shares of Rs.10 each carrying 66.46% of voting rights in the Company, the transfer of management has taken place at the meeting of the Board of Directors of the Company held today and the company has thus become a subsidiary of RSWM Limited. The Board of Directors in their meeting held today approved - i) Appointment of Mr. Ravi Jhunjhunwala, Mr. Riju Jhunjhunwala, Mr. D.P. Mangal, Mr. G.B. Bagrodia and Mr. R. K. Nayar as Additional Directors of the company to hold office till the ensuing Annual General Meeting of the Company. ii) Appointment of Mr. Ravi Jhunjhunwala as Chairman of the Company. iii) Appointment of Mr. R. K. Nayar as Managing Director of the Company. iv) Resignations of Mr. T.N. Arvind Reddy, Chairman, Mr. T.N. Anand Reddy, Managing Director, Dr. T.N. Vijayanarayana Reddy, Mr. K Jagdeesh Reddy, Mr. Prem Saigal and Mr. A. K. Nair, Directors of the Company”. Further, the company has informed the Exchange regarding the current composition of Board of Directors of the company. 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: 2007-08-31
Panoramic Universal
Panoramic Universal Limited has informed the Exchange that the Board of Directors at their meeting held on August 30, 2007 inter alia, considered, discussed and approved the following items: 1) Rights Issue of 64,78,750 equity shares in the ratio of 1:2 at a price of Rs.85/- per share aggregating to Rs.55 crores approx. 2) Issue of 10,00,00,000 7% Cumulative, Non Convertible & Redeemable Preference shares of Rs.5/- each to promoter group company / Person acting in concert on private placement basis. 3) Issue of securities through Qualified Institutional Placement not exceeding Rs.200 crores. 4) Issue of global depository receipts / foreign currency convertible bonds / other securities not exceeding Rs.250 crores. 5) Annual General Meeting scheduled to be held on September 29, 2007. 6) Mr. Sudhir Moravekar, promoter of Panoramic Universal appointed as Additional Director & Non Executive Chairman of the Company. Dr. Arun Pradhan appointed as Additional Director.
Source: NSE Date: 2007-08-31
Oil and Natural Gas Corporation
Oil & Natural Gas Corpn Ltd has informed the Exchange that the Annual General Meeting of the Company is scheduled to be held on September 19, 2007. Further, on confirmation of resolution pertaining to payment of Final Dividend 2006-07 by the shareholders at the AGM, the payment of dividend will start from September 25, 2007 onwards.
Source: NSE Date: 2007-08-31
Suryajyoti Spinning Mills
Suryajyoti Spinning Mills Limited has informed the Exchange that the Board of Directors at their meeting held on July 16, 2007 has fixed the Annul General Meeting on September 28, 2007 and Company is closing the Share Transfer Books and Register of Members from September 21, 2007 to September 28, 2007 (both days inclusive) for the purpose of Annual General Meeting and for payment of equity dividend of Re.1.20 paise per equity share, if approved at the said meeting.
Source: NSE Date: 2007-08-31
UTI Sunder
Uti Mutual Fund has informed the Exchange that the Net Asset Value (per unit) of UTISUNDER as on August 30, 2007 is Rs. 453.5445.
Source: NSE Date: 2007-08-31
Gold Benchmark Exchange Traded Scheme
Benchmark Asset Management Company Private Limited has informed the Exchange that the NAV of Gold BeES for August 30, 2007 is Rs. 893.9942.
Source: NSE Date: 2007-08-31
Indian Stock Market Tips, NSE/BSE Share Tips, Intraday, F&O, Delivery & BTST Calls By SMS