NSE Notices 4-07-2008

       Jaiprakash Associates    
Jaiprakash Associates Limited has informed the Exchange that: “Credit Analysis & Research Limited (CARE) has assigned ‘CARE A+” [CARE Single A (Plus)] rating to the proposed secured long term NCDs of Rs.500 Crores of Jaiprakash Associates Limited. Instruments with this rating are considered to offer adequate safety for timely servicing of debt obligations. Such instruments carry low credit risk”.
Source: NSE    Date: 2008-07-04

  Hindustan Unilever
    Hindustan Unilever Limited has informed the Exchange that: “Mr. Sanjiv kakkar, Executive Director, Sales & Customer Development has been appointed Chairman, Unilever Russia, Ukraine and Belarus (RUB), with effect from 1st September, 2008. We would also like to inform you that Mr. Hemant Bakshi currently Regional Category Vice President, Skin South Asia will take over from Mr. Sanjiv Kakkar as Executive Director, Sales & Customer Development in the Management Committee”.
Source: NSE    Date: 2008-07-04

    Cadila Healthcare  
Cadila Healthcare Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on July 04, 2008 has approved the modalities of the restructuring of its Consumer Products Division (”CPD’) for the benefit of its shareholders. The Board has approved a Composite Scheme of Arrangement for demerger of the CPD of the Company into Carnation, which is a 61.56% listed subsidiary Company of the Company and merger of Zydus Hospitals and Medical Research Private Limited (”Zydus Hospitals”) into the Company and the share entitlement / exchange ratios. This Scheme will be, subject to requisite consent, approval of the shareholders of all three Companies, the Hon’ble High Court of Gujarat, respective Stock Exchanges and other regulatory authorities. Further the Company has submitted a copy of press release dated July 04, 2008, titled “Cadila Healthcare to restructure its consumer business and create a single listed entity”. 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: 2008-07-04

    D.S. Kulkarni Developers  
Ds Kulkarni Developers Ltd. has informed the Exchange that: The Company (DSKDL) hereby informs that it has executed a Shareholders Agreement with GTC Cyprus, a Kardan Group company. Kardan Group is based out of Netherlands and have real estate projects in Western Eastern Europe, Central Europe & China. DSKDL & GTC shall jointly develop a 250 acres Multi-Service SEZ Project in Pune through a 50:50 JV, GTC shall invest up to approx. USD 90 million against their stake in the JV Company in a phased manner. Any further equity contribution shall be made by DSKDL and GTC in their respective shareholding proportion. The total build-up area of the Project is estimated to be more than 15 million sq. ft. and the total investment in the Project is estimated to be around USD 1 billion. Incidentally it may be the first Multi-Service SEZ in Maharashtra that may soon start taking shape.
Source: NSE    Date: 2008-07-04

    Satyam Computer Services    
Satyam Computer Services Ltd has informed the Exchange that the Board of Directors of the Company allotted 43,265 equity shares through circular resolution on July 03, 2008, approved on July 04, 2008 under stock option plans of the Company. Consequent to the above allotment, the paid up share capital of the Company has gone up from 672,559,986 equity shares of Rs.2/- each aggregating Rs.1,345,119,972.00 to 672,603,251 equity shares of Rs.2/- each aggregating Rs.1,345,206,502.00.
Source: NSE    Date: 2008-07-04

    I-Flex Solutions
I-Flex Solutions Limited has informed the Exchange regarding a press release dated July 04, 2008, titled ” WWB Colombia selects Oracle’s Flexcube”. 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: 2008-07-04

    Unity Infraprojects   
Unity Infraprojects Limited has informed the Exchange that: “The Joint Venture between Unity Infraprojects Limited (UIL) and Brahmaputra Infrastructure Limited (BIL) and Brahmaputra Consortium Limited (BCL) has been awarded an order aggregating to Rs.135.70 crores for Construction of Tezpur Medical College at Blhugori, Tezpur, Assam from the PWD, Government of Assam, UIL’s stake in the Joint venture is 51%. The Project is to be executed within 24 months”.
Source: NSE    Date: 2008-07-04

    Pantaloon Retail   
Pantaloon Retail (India) Ltd. has informed the Exchange that the Company is planning to publish the Audited Results for the year & quarter ended on June 30, 2008. Accordingly the Company will not publish unaudited results for the quarter ended June 30, 2008.
Source: NSE    Date: 2008-07-04

    JB Chemicals and Parmeceuticals  
Jb Chemicals & Pharmaceuticals Ltd. has informed the Exchange vide its letter dated July 04, 2008 that “The Board of Directors of the Company at their meeting held today reviewed the progress and implementation of buy back of equity shares. Based on the report and consensual views of the Share Buy-back Committee, the Board has decided and approved in the larger interest of both the Company and its shareholders in their entirety the following: (1) That the proposal for buy-back as mooted at the Board Meeting held on 8th April, 2008, be abandoned for the time being. (2). That in any event no further step or action or initiative be taken until well after the results of Q-1 for the current year 2008-09 have been considered by the Board of Directors and published so that, if any action in carrying forward the foregoing proposal is to be undertaken, the Shareholders are aware of the performance of the company for Q-1 of the current year 2008-09″.
Source: NSE    Date: 2008-07-04

    Panacea Biotech   
Panacea Biotec Ltd. has informed the Exchange regarding a press release dated July 04, 2008, titled “Panacea Biotec forays into Healthcare Delivery - Enters collaboration to set-up 220 bed multi super-specialty hospital in NCR”. 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: 2008-07-04

    Panacea Biotech
Panacea Biotec Ltd. has informed the Exchange regarding a press release dated July 04, 2008, titled “Panacea Biotec forays into Healthcare Delivery - Enters collaboration to set-up 220 bed multi super-specialty hospital in NCR”. 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: 2008-07-04

    Central Bank of India   
Central Bank Of India has informed the Exchange that: (1) The Annual General Meeting of the Bank is scheduled to be held on July 31, 2008. (2) The Register of Shareholders and Share Transfer Book of the Bank would remain closed from July 24, 2008 to July 30, 2008 (both days inclusive) for the purpose of distribution of dividend. (3) The dividend at Rs.2/- per share , as recommended by the Board at its Meeting held on April 24, 2008, is proposed to be declared at the abovesaid Annual General Meeting; which, if declared, would be paid to the eligible shareholders on/before August 11, 2008.
Source: NSE    Date: 2008-07-04

    JB Chemicals and Parmeceuticals    
Jb Chemicals & Pharmaceuticals Ltd. has informed the Exchange that Mr. Beejal Desai, Vice-President & Company Secretary, has resigned from the services of the Company w.e.f. the close of business hours on June 30, 2008, and Ms. Jenny Dsouza- Asst. Company Secretary of the Company has been appointed as the Compliance Officer of the Company.
Source: NSE    Date: 2008-07-04

    Celebrity Fashions   
Celebrity Fashions Limited has informed the Exchange vide notes to Accounts in the Audited Financial Results for the year ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on June 30, 2008) that “The Company has deployed the IPO Proceeds as follows :- Acquisition of MEPZ / SEZ unit and Capital expenditure incurred at the plant:- Rs.47.69 crores; Jwala Plant (at SIPCOT Apparel Park, Irrungattukottai) - (net of Term loan receipts):- Rs.10.04 crores; Indian Terrain retail Stores :- Rs.8.93 crores; Long Term Working capital: Rs.2.91 crores; Balance funds invested in Mutual Funds - Rs.4.49 crores.
Source: NSE    Date: 2008-07-04

    Ramsarup Industries
Ramsarup Industries Limited has informed the Exchange that the Hon’ble Calcutta High Court was pleased to approve the Scheme of Amalgamation of Ramsarup Lohh Udyog Limited (Transferor Company) with the Company vide its order dated June 30, 2008.
Source: NSE    Date: 2008-07-04

    Gati Corporation   
Gati Limited has informed the Exchange that “The Company will submit and publish Audited Financial Results within 3 months from the end of the current financial year i.e., June 30, 2008.
Source: NSE    Date: 2008-07-04

    Himachal Futuristic Communication    
Himachal Futuristic Communications Limited has informed the Exchange vide notes to Accounts in the Audited Financial Results for the year ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on June 30, 2008) regarding Audit Qualification and Management Comments. 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: 2008-07-04

    KPR Mill    
K.P.R. Mill Limited has informed the Exchange vide notes to Accounts in the Audited Financial Results for the year ended March 31,2008 (taken on record by the Board of Directors of the Company at its meeting held on June 27, 2008) that “The IPO proceeds utilised till March 31, 2008 are in line with the Objects of the Issue as stated in the Prospectus”.
Source: NSE    Date: 2008-07-04

    Pratibha Industries    
Pratibha Industries Limited has informed the Exchange that by an Order made on the June 20, 2008 in the Pratibha Industries Limited (Applicant Company), the High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of the Applicant Company be convened on July 28, 2008 for the purpose of considering and, if thought fit, approving with or without modification(s), the arrangement embodied in the Composite Scheme of Arrangement and Amalgamation between Pratibha Industries Limited and Pratibha Shareholding Private Limited and One Metro India Private Limited and Pratibha Pipes & Structural Limited and their respective Shareholders and Creditors. The copy of the notice of the said meeting 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: 2008-07-04

    GTL    
Gtl Limited has informed the Exchange that the Board of Directors at its meeting held on July 03, 2008 (1) noted the resignation of Mr. Gajanan V. Desai vide his letter dated June 30, 2008 as a Director due to his old age and surgeries he underwent recently; (2) approved appointment of Mr. Vijay Vij, a Chartered Accountant by profession as an Additional Director of the Company and also as the Chairman of Audit Committee with effect from July 03, 2008.
Source: NSE    Date: 2008-07-04

    GTL    
Gtl Limited has informed the Exchange that GTL has entered into a “Global Supplier Co-operation Agreement” with Huawei for worldwide co-operation in Network Services space. With this, GTL will partner Huawei in all its major bids across the world. As a part of this agreement Huawei will train GTL’s engineers on its various Technology platforms. This is the first of its kind of arrangement that Huawei has entered into with any Network Service Provider. This is in addition to the similar arrangement that GTL has entered into with Ericcson earlier during the year. GTL continues to work with the major OEMs like Nokia-Siemens Networks, Motorola, ZTE, Alcatel-Lucent and others on various technology platforms across the world.
Source: NSE    Date: 2008-07-04

    Ashco Industries   
Ashco Industries Limited has informed the Exchange that the company has passed resolutions mentioned below with requisite majority by means of postal ballot. (1) Change of Name. (2) Increase in Authorised Capital. (3) Amendment to Articles of Association consequent upon increase in authorised capital. (4) Appointment and fixing of Remuneration of Mr Ashok Kotwani, as Managing Director for period of 5 years. (5) Re-Appointment and fixing of Remuneration of Mrs Kanchan Kotwani, as Whole Time Director for period of 5 years.
Source: NSE    Date: 2008-07-04

    Kolte-Patil Developers   
Kolte - Patil Developers Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company shall remain closed from July 22, 2008 to July 30, 2008 (both days inclusive) to ascertain the names of the members entitled to receive dividend, if declared, on the equity share capital of the Company.
Source: NSE    Date: 2008-07-04

    Tata Power Company   
Tata Power Co. Ltd. has informed the Exchange that (1) Mr Anil Kumar Sardana has resigned as Director of the Company with effect from July 02, 2008. (2) Dr R H Patil and Mr Piyush G Mankad have been appointed as Additional Directors of the Company with effect from July 03, 2008.
Source: NSE    Date: 2008-07-04

    Simplex Projects  
Simplex Projects Limited has informed the Exchange that the Board of Directors in its meeting held on June 27, 2008 has decided inter alia the following: (1) The Company has appointed Mr. Binaya Kumar Dash, Company Secretary as the Compliance Officer pursuant to Clause 47(a) of the Listing Agreement. (2) The Company has designated an e-mail ID i.e. investors@simplexprojects.com, exclusively for the purpose of grievance redressal and registering complaints by investors/shareholders. A link shall also be provided on the main page of the website of the Company www.simplexprojects.com. Name of the Compliance Officer: Mr. Binaya Kumar Dash ; E-mail ID of the Compliance Officer: dash.bk@simplexprojects.com.
Source: NSE    Date: 2008-07-04

    Petronet LNG Ltd    
Petronet Lng Limited has informed the Exchange that Mr. S. V. Narasimhan has been appointed as Nominee Director of Indian Oil Corporation (IOCL) on the Board of the Company in place of Mr. B. M. Bansal w.e.f. April 16, 2008.
Source: NSE    Date: 2008-07-04

    Prakash Industries    
Prakash Industries Ltd has informed the Exchange that “The Company has entered into a Memorandum of Understanding (MOU) with the Government of Chhattisgarh on July 01, 2008 to establish and operate “2.00 m TPA Cement Plant” & “1.00 m TPA Clinker Plant” in the State of Chhattisgarh with an investment of approximately Rs.485 Crores (Rupees Four Hundred Eighty Five Crores only). The State Government will assist the Company in allotment of a “Captive Coal Block” & “Captive Lime Stone mine” for the projects and facilitate / provide all incentives available to industrial projects in the state as per the applicable industrial policy of the State Government or the incentives that are offered to similar projects or as may be announced in this regard from time to time”.
Source: NSE    Date: 2008-07-04

    UTI Sunder   
Uti Mutual Fund has informed the Exchange that the Net Asset Value (per unit) of UTISUNDER as on July 03, 2008 is Rs. 406.2651.
Source: NSE    Date: 2008-07-04

    Punj Lloyd    
Punj Lloyd Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company shall remain closed from July 19, 2008 to July 28, 2008 (both days inclusive) for the purpose of Annual General Meeting, which is being convened on July 28, 2008 and payment of dividend, if declared at the AGM.
Source: NSE    Date: 2008-07-04

    Hikal    
Hikal Limited has informed the Exchange that the Board of Directors at their meeting held on July 03, 2008 has subject to necessary approvals and applicable provisions of law, decided to issue upto 13,60,000 Equity shares of Rs.10/- each on preferential basis to International Finance Corporation (IFC) by investing upto Rs.64.46 crores, in compliance with Chapter XIII of SEBI (Disclosure and Investor Proctection) Guidelines 2000 and Companies Act, 1956.
Source: NSE    Date: 2008-07-04