NSE Notices 31-12-2007

Orchid Chemicals and Pharmaceuticals
Orchid Chemicals & Pharmaceuticals Ltd has informed the Exchange that : “The Allotment Committee of the Board of Directors at its meeting held on December 20, 2007 have allotted 3000 equity Shares of Rs. 10/-each to Shri R. Narayanan, Director under ORCHID-ESOP99 Scheme”.
Source: NSE Date: 2007-12-31

Simbhaoli Sugars
Simbhaoli Sugars Limited has informed the Exchange regarding the Outcome of Extra-ordinary General Meeting held on December 29, 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: 2007-12-31

NEPC India
Nepc India Ltd has submitted to the Exchange a copy of the minutes of the Extra-ordinary Meeting of the Company held on December 24, 2007. The 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: 2007-12-31

Cambridge Solutions
Cambridge Solutions Limited has submitted to the Exchange a copy of minutes of the Extra-ordinary General Meeting of the Company held on December 17, 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: 2007-12-31

Phoenix Mills
The Phoenix Mills Limited has informed the Exchange that in accordance with Section 192A of the Companies Act, 1956 (the “Act”), read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001 (’Rules’), the proposed Resolutions (as per attachment) are to be considered by way of Postal Ballot. The Company has appointed Mr. Narayan Rathi, Partner of M/s. Rathi & Associates, Company Secretaries, as Scrutinizer for conducting the Postal Ballot voting process in a fair and transparent manner. The duly completed postal ballot form should reach the Scrutinizer on before January 28, 2008. The Scrutinizer will submit his report to the Chairman and the results will be announced on January 31, 2008. A copy of the Notice of the Postal Ballot 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: 2007-12-31

Religare Enterprises
Religare Enterprises Limited has informed the Exchange that the Remuneration/Compensation Committee of Directors of the Company in their meeting held on December 31, 2007 has allotted 1,38,992 Equity Shares on exercise of stock options under the Employees Stock Option Scheme 2006 of the Company. The paid-up Equity Share Capital of the Company post allotment is 7,59,00,008 Equity Shares of Rs. 10 each aggregating Rs 75,90,00,080.
Source: NSE Date: 2007-12-31

Hindustan Unilever
HSBC Securities and Capital Markets (India) Private Limited has informed the Exchange regarding the details of shares of Hindustan Unilever Limited bought back by the Company on December 31, 2007 as under: 1) (a) Name of the Broker - HSBC Securities and Capital Markets (India) Private 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; 2) (a) Name of the Broker - ICICI 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; 3) Cumulative number equity shares bought as on December 28, 2007: 30,235,772; 4) Quantity closed out on December 31, 2007 - Nil; 5) Quantity closed out as on December 28, 2007 - Nil; 6) Total Quantity closed out - Nil; 7) Total equity shares bought back as on December 31, 2007 : 30,235,772.
Source: NSE Date: 2007-12-31

Bell Ceramics
Bell Ceramics Ltd has informed the Exchange that the auditor’s have conducted the limited review of the unaudited financial results for the quarter ended September 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: 2007-12-31

Excel Industries
Excel Industries Limited has informed the Exchange that Mr V K Parmar has appointed as the Company Secretary of our Company with effect from 27 December, 2007. Mr Parmar shall also be the Compliance Officer of the Company as required under the Clause47(a) of the Listing Agreement.
Source: NSE Date: 2007-12-31

Soma Textiles and Industries
Soma Textiles & Industries Ltd. has informed the Exchange that Mr. P Bandyopadhyay, Executive Director of the Company resigned and discharged from his duties with effect from December 22. 2007.
Source: NSE Date: 2007-12-31

Emco
Emco Limited has informed the Exchange that “The Compensation (ESOP) Committee of the Directors at its meeting held on 31st December, 2007 has granted 2000 stock options covering right to apply for equal number of Equity Shares of the Company i.e. each option carrying right to apply for one Equity Share of the Company, to an employee of the Company. Against each such option, the employee will have right to apply for and get allotted one equity share at an exercise price of Rs.1510/- (Rupees One Thousand Five Hundred Ten Only). The vesting period for the said options is in graded manner within the period from respective grant and as prescribed in grant letter, subject to minimum vesting period of one year”.
Source: NSE Date: 2007-12-31

Silicon Valley Infotech
Silicon Valley Infotech Ltd. has informed the Exchange that the Board of Directors of the Company in their meeting held on December 31, 2007 have approved the issue of bonus shares in the ratio of 1 (one) Equity Shares for every 2 (two) Equity Shares held in the Company to the Members whose names appears on the records of the Company on a record date to be fixed by the Board of Directors subsequent to approval of the Members at the Extra Ordinary General Meeting scheduled to be held on January 30, 2008 for the approval of the same.
Source: NSE Date: 2007-12-31

Ambuja Cements
Ambuja Cements Ltd has informed the Exchange that “The Share Allotment & Investor Grievance Committee at its meeting held on 31st December, 2007 has allotted 178,563 Equity Shares on exercise of the stock options by the employees as per the details given below: - 1) Stock Option Scheme: 2002-2003; No. of shares allotted: 1,125; 2) Stock Option Scheme: 2003-2004; No. of shares allotted: 18,000; 3) Stock Option Scheme: 2004-2005; No. of shares allotted: 74,063; 4) Stock Option Scheme: 2005-2006; No. of shares allotted: 85,375. Total No. of shares allotted: 178,563″.
Source: NSE Date: 2007-12-31

Housing Development Finance Corporation
Housing Development Finance Corporation Ltd. has informed the Exchange that: “During the last week the Corporation received Conversion Notices for conversion of 144 FCCBs of the face value of USD 100000 each. Accordingly the Corporation today i.e. December 31, 2007, allotted 4,49,963 equity shares of Rs. 10 each under distinctive numbers 281120077 to 281570039 (both numbers inclusive) in terms of the Offering Circular dated September 21, 2005. Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs. 281,57,00,390 consisting 28,15,70,039 equity shares of Rs.10 each. The summary of the FCCBs converted till date is as follows: Total FCCBs issued (Face Value USD 100000): 5000; Number of FCCBs converted till date: 3305; %age converted: 66.10%”.
Source: NSE Date: 2007-12-31

Standard Industries
Standard Industries Limited has informed the Exchange that the Company has decided to close the Register of Members and Share transfer Books of the Company from March 11, 2008, to March 25, 2008 (both days inclusive) for the purpose of payment of dividend for the 18 months Accounting Period ended September 30, 2007.
Source: NSE Date: 2007-12-31

Idea Cellular
Idea Cellular Limited has informed the Exchange vide its letter dated December 31, 2007, that: “The ESOS Compensation committee of the Company has today resolved to grant 1,99,31,000 Stock Options to the Eligible Employees (including the Managing Director) of the Company and its subsidiaries, under the “Employee Stock Option Scheme-2006″ (ESOS-2006), each option being convertible into one Equity Share of the Company upon vesting, at an exercise price of Rs.112.57 per share. Subject to the Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999 and the terms of the ESOS - 2006, the options will vest in 4 equal annual installments after one year of the grant and shall be exercisable within a period of 5 years from the date of vesting”.
Source: NSE Date: 2007-12-31

Ranbaxy Laboratories
Ranbaxy Laboratories Ltd has informed the Exchange regarding a press release dated December 31, 2007, titled “Ranbaxy receives final approval to manufacture and market Cetirizine Hydrochloride Tablets (OTC), 5mg and 10mg”. 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: 2007-12-31

Euro Ceramics
Euro Ceramics Limited has informed the Exchange that the members of the Company have passed resolutions with requisite majority for the following matters through Postal ballot: (1) Special Resolution under Section 81 (1A) of the Companies act, 1956 for issue of Equity Shares on preferential basis. (2) Special Resolution under Section 81(1A) of the Companies Act, 1956 for issue of FCCBs / GDRs / ADRs / permissible Securities/ instrument. (3) Ordinary Resolution under Section 94 of the Companies Act, 1956 for increase in Authorised Share Capital from Rs.20 Crores to Rs.35 Crores. (4) Ordinary Resolution under Section 16 of the Companies Act, 1956 for alteration of clause V of the Memorandum of Association upon increase in Authorised Share Capital from Rs. 20 Crores to Rs.35 Crores. (5) Special Resolution for investment by FIIS upto 49% of Equity Share Capital of the Company. (6) Special Resolution under Section 372A of the Companies Act, 1956 for making investment, loan and providing guarantee or security”.
Source: NSE Date: 2007-12-31

Pfizer
Pfizer Ltd. has informed the Exchange vide its letter dated December 31, 2007, that “The Board of Directors has at its meeting held today, granted its approval to the transfer to Johnson & Johnson Limited, of the exclusive license that Pfizer Limited holds in respect of the trademarks relating to Benadryl, Caladryl, Benylin and Listerine and certain assets related thereto, for a total consideration of Rs.214,85,10,000/- (Rupees Two Hundred and Fourteen Crores Eighty Five Lakhs and Ten Thousand only) and in connection therewith the execution of the Asset Transfer Agreement. The Board of Directors also granted its approval to Pfizer Limited providing to Johnson & Johnson Limited, certain transitional services and in connection therewith the execution of the Transitional Services Agreement”.
Source: NSE Date: 2007-12-31

LG Balakrishnan and Brothers
Lg Balakrishnan & Bros Ltd has informed the Exchange that: “The Board of Directors at its meeting held on December 31, 2007 has approved the details of the Scheme for demerger of the Forging division into a separate Company. The Board accepted the recommendations contained in the scheme of demerger whereby the Company will be demerged the Forging Division consisting of Hot Forging Division, Warm Forging Division & Cold Forging Division into a separate Company. LGB Forge Limited with effect from 01.04.2008 through High Court approved process. The Board accepted the share entitlement ratio for the demerger, subject to regulatory approvals. As per the Share entitlement ratio, the shareholders of the Company will be issued, at no cost, 1 (One) fully paid equity share of Re 1/- each in LGB Forge Limited for every 1 (One) share of Re. 1/- each of L.G. Balakrishnan & Bros Limited held. The Demerger share entitlement ratio approved by the Board is on the basis of valuation reports received from two independent Valuers. Post demerger, shares of LGB Forge Limited will be listed on the exchange where L.G.Balakrishnan & Bros Limited currently listed (i.e. Bombay Stock Exchange Limited (”BSE”), National Stock Exchange of India Limited (”NSE”), Madras Stock Exchange Limited (MSE), & The Coimbatore Stock Exchange Limited (”CSX”)). The demerger, will be in compliance with the provisions of Section 2(19AA) of the Income Tax Act, and is considered the most efficient, tax neutral and shareholder friendly mechanism to restructure the business. The above restructuring will be subject to relevant approvals and confirmation of the demerger scheme by the High Court of Madras”.
Source: NSE Date: 2007-12-31

Glenmark Pharma
Glenmark Pharmaceuticals Ltd. has informed the Exchange that pursuant to the provisions of section 192A(2) of the Act read together with the Companies (Passing of Resolution by Postal Ballot) Rules, 2001, the consent of the shareholders to be obtained by means of Postal Ballot for the aforesaid purpose (as per attachments).The Company has appointed Mr.Surjan Singh Rauthan, Practicing Company Secretary, Mumbai, as the Scrutinizer for conducting the Postal Ballot in a Fair and transparent manner. The Postal Ballot Form duly completed and signed should reach the Scrutinizer on or before the close of working hours on January 30, 2008. The Scrutinizer shall submit his report to the Chairman of the Company after the completion of the scrutiny and the results of the Postal Ballot shall be announced on February 05, 2008. A copy of the postal ballot 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: 2007-12-31

Arrow Webtex
Arrow Webtex Limited has informed the Exchange that pursuant to Section 192A of the Companies Act, 1956, read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, the Company is seeking the shareholders’ consent for the following matters by passing Special Resolution through Postal Ballot viz.,: 1. Increasing the limits under Section 372A of the Companies Act, 1956 for inter corporate loans, investments and guarantees; 2. Shifting of the Registered Office of the Company from Pune to Nasik. Mr. Virendra Bhatt, a Practising Company Secretary has been appointed as the Scrutinizer for carrying out the postal ballot process in a just and fair manner. The duly completed postal ballot forms should reach the scrutinizer on or before January 25, 2008. The result of the Postal Ballot will be announced by the Chairman of the Company or in his absence by any person so authorized by the Chairman on January 28, 2008. Further the Company has submitted to the Exchange a copy of the Notice of the Extra Ordinary General Meeting of the Members of the Company to be held on January 7, 2008 to consider, inter-alia, the allotment of Equity Shares and Convertible Warrants on a Preferential Basis and for sub-division of the paid up Equity share capital of the company. A copy of both the notices 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: 2007-12-31

Solectron Centum Electronics
Solectron Centum Electronics Limited has informed the Exchange that pursuant to section 192A of the Companies Act, 1956 read with the Companies (Passing of Resolution by Postal Ballot) Rules, 2001 to transact the following special business by the members of the company by passing resolutions through postal ballot: (1) Transfer of part of the business of the undertaking to a new wholly owned subsidiary company. (2) Alteration of Articles of Association. The Board of Directors at its meeting held on December 19, 2007 has appointed Mr. S P Nagarajan, Practicing Company Secretary as Scrutinizer to receive and scrutinize the completed ballot papers from the members. The Postal Ballot should reach the Scrutinizer on or before January 28, 2008. The results of the postal ballot will be announced on January 30, 2008. A copy of the postal ballot 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: 2007-12-31

Everest Industries
Everest Industries Limited has informed the Exchange that “The Board of Directors of our company decided to incorporate a wholly-owned subsidiary ‘Everest Building Solutions Ltd.’ and accordingly the subsidiary has been incorporated. The subscription money from the subscribers to the Memorandum of Association of the subsidiary company has been received in December, 2007 & the shares have been allotted to the subscribers in the Board Meeting of the Subsidiary Company held on 18/12/2007. The Subsidiary is yet to commence business and has not yet obtained Certificate of Commencement of business from the Registrar of Companies, Mumbai”.
Source: NSE Date: 2007-12-31

LCC Infotech
Lcc Infotech Limited has informed the Exchange Regarding News item titled “LCC Infotech Ltd. Launches LCC brand of Laptops”. 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: 2007-12-31

New Delhi Television Ltd
New Delhi Television Limited has informed the Exchange that: “Pursuant to acquisition of further stake of 7.73% (48,35,850 Equity shares) in New Delhi Television Limited by the Promoters, Dr.Prannoy Roy and Mrs. Radhika Roy from GA Global Investments Limited, a Foreign Company, the FII limit to the extent of 7.73% stands released and accordingly FIIs/NRIs etc. can now acquire shares in shareholding of New Delhi Television Ltd.”.
Source: NSE Date: 2007-12-31

Sun TV Network
Sun Tv Network Limited has informed the Exchange that: “We announce the launch of our FM Radio Station at Varanasi under the brand ‘S FM’ from 29th December, 2007 through our Subsidiary South Asia FM Limited. This Station can be heard at 93.5 MHz frequency in Varanasi. The programs will cater to the audience of all age groups. With the launch of this FM Station, the total operational FM Stations of Sun TV goes up to 18 as it already operates at Chennai, Coimbatore, Tirunelveli, Visakhapatnam, Bangalore, Hyderabad, Jaipur, Bhubaneswar, Tirupati, Madurai, Tuticorin, Lucknow, Bhopal, Pondicherry, Kozhikode (Calicut), Indore and Vijayawada. We hold licenses for 45 FM Radio Stations across India, and will be one of the largest radio broadcasters in India when all the remaining 27 stations become operational”.
Source: NSE Date: 2007-12-31

Lanco Infratech
Lanco Infratech Limited has informed the Exchange that: “Letters of Acceptance (LOA) were received from Andhra Pradesh Health & Medical Housing & Infrastructure Dev. Corporation (APHMHIDC), an Enterprise of Government of Andhra Pradesh, for the Construction of 500 Bedded Hospital & Ancillary Structures, Medical College, & Auditorium, Hostels & Staff Quarters for Rajiv Gandhi Institute of Medical Sciences (RIMS) at Ongole in Prakasam District in Andhra Pradesh of a total Contract Value of Rs.85.37 Crores”.
Source: NSE Date: 2007-12-31

Zee Entertainment Enterprises
Zee Entertainment Enterprises Ltd has informed the Exchange that “The Board of Directors, vide a resolution passed by circulation on 29th December, 2007, has approved the appointment of Mr. R. Vaidyanathan, Professor of Finance and Control at the Indian Institute of Management, Bangalore, as an Additional Director in the category of Independent Director on the Board of the Company with effect from 01st January, 2008″.
Source: NSE Date: 2007-12-31

Mudra Lifestyle
Mudra Lifestyle Limited has submitted to the Exchange a copy of Notice of Extra Ordinary General Meeting to be held on January 18, 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: 2007-12-31