Sensex

Wednesday, January 12, 2011

Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997

Cinerad Communications Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More

Disclosures under Reg. 7(1) of SEBI (SAST) Regulations, 1997

Natural Hut Pvt Ltd has submitted the disclosure under Regulation 7(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSERead More

Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997

Digjam Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More

Board Meeting on Jan 15, 2011

Thyrocare Laboratories Ltd has informed BSE that pursuant to change in control of the Company & completion of open offer for acquisition of shares held by the promoters' of the Company, a meeting of the Board of Directors of the Company will be held on January 15, 2011, inter alia, the following:

1. Appointment of new directors on the Board of Directors of the Company.

2. Resignation of existing directors from the Board of Directors of the Company.

Allotment of Equity Shares

ICICI Bank Ltd has informed BSE that the Bank has allotted 8,545 equity shares of face value of Rs. 10/- each on January 10, 2011 under the Employees Stock Option Scheme, 2000 (ESOS).

EGM on Jan 31, 2011

Vertex Securities Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the Company will be held on January 31, 2011.Read More

Disclosures under Reg. 7(1A) of SEBI (SAST) Regulations, 1997

ISG Traders Ltd has submitted the disclosure under Regulation 7(1A) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More

Change in Directorate

Alpa Laboratories Ltd has informed BSE that Mr. Devendra Baheti and Mr. Krishna Das Malani have been taken as an Independent Directors on the board of the Company. Mr. Baheti has also been made the chairman of the audit committee. Also, the resignation of Mr. Sampat Lal Chaplot who was an Independent Director has been accepted and processed.

Outcome of Board Meeting

Ravi Kumar Distilleries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 12, 2011, inter alia, has transacted the following:

1. The Board of Directors of the Company has decided that the Company will initiate the steps and to gear up to increase the capacity and to utilization of IPO proceeds as per the Objects of the issue mentioned in the Prospectus.

2. The Board of Directors of the Company has reviewed the routine operational activities of the Company and decided to designate the teams far penetrate the operations in to the neighboring states Kerala, Karnataka and Andhra Pradesh.

3. The Board of Directors of the Company has approved for the shifting of the Registered office from 1-C, Nandita Apartments, 47, Thirumalai Pillai Road, T. Nagar, Chennai - 600017 to 3rd Floor, 'B' Wing, B-Block,
114&115, Sri. Theagaraya Road, T. Nagar Chennai - 600017 for the better operations purpose with effect from January 12, 2011.

Outcome of Board Meeting

Sturdy Industries Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on January 12, 2011, Inter alia, has resolved the following:

1. To adopt all acts, deeds, lease agreement/arrangements done by the Directors both jointly and severally for giving effect to the resolution passed under section 293 (1) (a) of the Companies Act, 1956 on August 16, 2010 for leasing out the Company's unit at Derabassi (PUNJAB) to M/s. Hyderabad Industries Ltd.

2. To defer the allotment of 10,000,000 Convertible Warrant with an option to convert into Equity Shares to the persons belonging to Promoter's Group and as well Non-Promoters till the receipt of at least 25% of the subscription money from all the proposed allotees.

3. To issue fresh notice regarding the Board meeting to all the Directors including the Stock Exchange for the
allotment of aforesaid securities.

Board Meeting on Jan 14, 2011

Jaihind Synthetics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 14, 2011, to issue and allot 1,30,00,000 (One Crore Thirty Lac only) fully-paid-up Equity Shares of the Company of Rs. 10/- (Rs. Ten only) each for cash at premium of Rs. 24.80 per shares pursuant to the Special Resolution passed through postal ballot.

Change of Name of the Company

7Seas Technologies Ltd has informed BSE that the Company's name has been changed from M/s. 7Seas Technologies Ltd. to M/s. 7Seas entertainment Ltd. vide fresh certificate of incorporation, consequent upon change of name, dated October 04, 2010 issued by Registrar of Companies, Hyderabad.

Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

Digjam Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More

Outcome of Remuneration & Compensation Committee Meeting

Hexaware Technologies Ltd has informed BSE that the Remuneration & Compensation Committee of the Board at their meeting held on January 12, 2011 considered and approved the exercise of 202,551 options by employees under the Employee Stock Option Scheme 2007.

The Committee also considered and approved the grant of 80,000 options under Employee Stock Option Scheme 2007 at a price of Rs. 118.15, the closing price on the National Stock Exchange recording the highest volume of trade on the day before the date of the Committee Meeting i.e. closing price on January 11, 2011 on the National Stock Exchange which was Rs. 118.15. These options are convertible into equivalent number of equity shares of the Company with equal vesting over four years @ 25% at the end of each year and first vesting at the end of first year as per the scheme. The options shall be exercised over a period of 7 years from the date of grant.

Abhishek Industries Conferred upon Rajiv Gandhi National Quality Award

Abhishek Industries Ltd has informed BSE that the Company has been conferred upon the prestigious Rajiv Gandhi National Quality Award 2009 organised by Bureau of Indian Standards. In recognition to quality standards adopted by the Company, the Bureau of India Standards has awarded the commendation certificate to the Company in category "Large Scale Manufacturing Industry Textile."

The Rajiv Gandhi National Quality Award is organized by The Bureau of Indian Standards. A total of 135 companies participated this year for the award and after rigorous two rounds of evaluation the winners were selected.

Disclosures under Reg. 11(2A) of SEBI (SAST) Regulations, 1997

Shrenuj & Company Ltd has submitted the disclosure under Regulation 11(2A) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE.

Disclosure :

"Pursuant to the amended Regulation 11 (2A) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 (SEBI Takeover Code), we have to inform you that Prest Impex Pvt Ltd, Promoter Group Company has acquired 30,000 Equity Shares of Rs.2/- each i.e. 0.04% of the existing paid up capital of the Company through open market purchases in normal segment on Stock Exchange (s)."Read More

Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

Ramkrishna Forgings Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More

Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997

Ramkrishna Forgings Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More

Board to consider Third Interim Dividend

KCP Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 24, 2011, inter alia, to consider the following:

1. The un-audited financial results of the Company for the third quarter ended December 31, 2010.

2. The declaration of third interim dividend, if any.

Outcome of AGM

Hindustan Photo Films Manufacturing Company Ltd has informed BSE that the 49th Annual General Meeting (AGM) of the Company was held on December 03, 2010Read More

Change in Directorate

Atharv Enterprises Ltd has informed BSE that Mrs. Pooja B. Jaju has resigned from the Board of Directors w.e.f. December 29, 2010.

Further, the Company has appointed Mr. Jayant Kothari as an Additional Director in Non-Executive, Independent capacity of the Company w.e.f. December 29, 2010.

Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

India Tourism Development Corporation Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More

Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

Anukaran Commercial Enterprises Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More

Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997

Anukaran Commercial Enterprises Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More

Updates on Outcome of EGM

Selan Exploration Technology Ltd has submitted to BSE a copy of the minutes of the Extra Ordinary General Meeting (EGM) of the members of the Company held on December 22, 2010.Read More

Enters into Share Purchase Agreement

IndiaNivesh Ltd has informed BSE that the Company has entered into the Share Purchase Agreement with M/s. Vandana Cloth Centre Pvt. Ltd. on January 12, 2011 for sale of 1,18,28,030 equity share of Luminaire Technologies Ltd. (LTL) representing 49.28% of the total paid-up capital of the LTL.

Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

Greycells Education Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSERead More

Pix Transmissions Ltd awarded the prestigious "Trading House Certificate"

Pix Transmissions Ltd has informed BSE regarding a Press Release dated January 12, 2011 titled "Pix Transmissions Ltd awarded the prestigious "Trading House Certificate".Read More

Financial Results for Nov 30, 2010

Hazoor Multi Projects Ltd has informed BSE about the Financial Results for the Quarter ended November 30, 2010.Read More

Board Meeting on Jan 19, 2011

Jaihind Projects Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on January 19, 2011, to consider the matter of delisting of shares from the Ahmedabad Stock Exchange Ltd.

MOU with the Government of Gujarat

S.A.L. Steel Ltd has informed BSE that the Company has entered into a Memorandum of Understanding with the Government of Gujarat for establishment of the Cement project at Kachchh.

Disclosures under Reg.13(4) of SEBI (Prohibition of Insider Trading) Regulations, 1992

Satish Gupta has submitted the disclosure under Regulation 13(4) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSERead More

Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

Oriental Hotels Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE

Date of Reporting : December 31, 2010
Name of the Company : Oriental Hotels Ltd
Total no of outstanding shares of the Company : 17,85,99,180

1. Name of the Entity: D Lalithamma

Details of Transaction
Date of Transaction :-
Number of Shares pledged :-

Aggregate details after the transaction
Total no of shares held by the entity in the company: 1,415,080
Total No of shares pledged : 1,241,290
% of total shares pledged to total no of shares held by the entity in the Company : 87.72%
% of shares pledged to total no of outstanding shares of the Company : 0.70%

2. Name of the Entity: D Vijayagopal Reddy

Details of Transaction
Date of Transaction :-
Number of Shares pledged :-

Aggregate details after the transaction
Total no of shares held by the entity in the company: 1,502,070
Total No of shares pledged : 530,000
% of total shares pledged to total no of shares held by the entity in the Company : 35.28%
% of shares pledged to total no of outstanding shares of the Company : 0.30%

3. Name of the Entity: Dodla Sudha Reddy

Details of Transaction
Date of Transaction :-
Number of Shares pledged :-

Aggregate details after the transaction
Total no of shares held by the entity in the company: 156,630
Total No of shares pledged : 152,320
% of total shares pledged to total no of shares held by the entity in the Company : 97.25%
% of shares pledged to total no of outstanding shares of the Company : 0.09%Read More

Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

SNL Bearings Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSERead More

Post Offer Status by Reliance MediaWorks

ICICI Securities Ltd ("Manager to the Offer"), for & on behalf Reliance MediaWorks Ltd ("RMW" / "Acquirer"), along with the Reliance Capital Partners ("Persons Acting in Concert1" or "PAC1") and Reliance Capital Ltd ("Persons Acting in Concert2" or "PAC2") has issued this Post Offer Public Announcement ("Post Offer Public Announcement") to the equity shareholders of Fame India Ltd ("Target Company"/ "FIL"), which is in continuation of & should be read in conjunction with the Public Announcement ("PA") published on February 21, 2010, the First Corrigendum to the PA published on March 05, 2010, Second Corrigendum to the PA published on December 09, 2010 and the Third Corrigendum to the PA published on January 01, 2011 & Letter of Offer dated December 9, 2010 ("Letter of Offer" or "LoF"), pursuant to and in compliance with Regulations 10, 12, 25(1) and 25(3) and other applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto ("Regulations" or "SEBI Takeover Code").

The capitalized terms used in this Post Offer Public Announcement, unless otherwise defined, shall have the same meaning as assigned to them in the Letter of Offer, PA and Corrigenda to the PA.

Details required to be notified under the Regulations following completion of the Offer are as follows:

Details of the acquisition:

Sr. No.Read More

Post Offer Status to the shareholders of Fame India

ICICI Securities Ltd ("Manager to the Offer"), for & on behalf Reliance MediaWorks Ltd ("RMW" / "Acquirer"), along with the Reliance Capital Partners ("Persons Acting in Concert1" or "PAC1") and Reliance Capital Ltd ("Persons Acting in Concert2" or "PAC2") has issued this Post Offer Public Announcement ("Post Offer Public Announcement") to the equity shareholders of Fame India Ltd ("Target Company"/ "FIL"), which is in continuation of & should be read in conjunction with the Public Announcement ("PA") published on February 21, 2010, the First Corrigendum to the PA published on March 05, 2010, Second Corrigendum to the PA published on December 09, 2010 and the Third Corrigendum to the PA published on January 01, 2011 & Letter of Offer dated December 9, 2010 ("Letter of Offer" or "LoF"), pursuant to and in compliance with Regulations 10, 12, 25(1) and 25(3) and other applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto ("Regulations" or "SEBI Takeover Code").

The capitalized terms used in this Post Offer Public Announcement, unless otherwise defined, shall have the same meaning as assigned to them in the Letter of Offer, PA and Corrigenda to the PA.

Details required to be notified under the Regulations following completion of the Offer are as follows:

Details of the acquisition:

Sr. No.Read More

Post Offer Status to the shareholders of Fame India

ICICI Securities Ltd ("Manager to the Offer"), for & on behalf Reliance MediaWorks Ltd ("RMW" / "Acquirer"), along with the Reliance Capital Partners ("Persons Acting in Concert1" or "PAC1") and Reliance Capital Ltd ("Persons Acting in Concert2" or "PAC2") has issued this Post Offer Public Announcement ("Post Offer Public Announcement") to the equity shareholders of Fame India Ltd ("Target Company"/ "FIL"), which is in continuation of & should be read in conjunction with the Public Announcement ("PA") published on February 21, 2010, the First Corrigendum to the PA published on March 05, 2010, Second Corrigendum to the PA published on December 09, 2010 and the Third Corrigendum to the PA published on January 01, 2011 & Letter of Offer dated December 9, 2010 ("Letter of Offer" or "LoF"), pursuant to and in compliance with Regulations 10, 12, 25(1) and 25(3) and other applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto ("Regulations" or "SEBI Takeover Code").

The capitalized terms used in this Post Offer Public Announcement, unless otherwise defined, shall have the same meaning as assigned to them in the Letter of Offer, PA and Corrigenda to the PA.

Details required to be notified under the Regulations following completion of the Offer are as follows:

Details of the acquisition:

Sr. No.Read More

Signing of MOU with the Govt of Gujarat

Career Point Infosystems Ltd has informed BSE that the Company has signed Memorandum of Understanding (MOU) with the Government of Gujarat to set up educational institutions in higher education, vocational training and skill development segment specific to the needs of the state of Gujarat in the perspective of growing industrialization and economic growth.

Disclosures under Reg. 7(1) of SEBI (SAST) Regulations, 1997

Kalpataru Power Transmission Ltd has submitted the disclosure under Regulation 7(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE
Read More

Appointment of Director

Genesys International Corporation Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on January 12, 2011 has appointed Mr. Anil Kumar Lakhina as an 'Additional Director' on the Board of the Company w.e.f. January 12, 2011.

Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

Marg Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition
of Shares & Takeovers) Regulations, 1997 to BSE

Date of Reporting : January 11, 2011
Name of the Company : Marg Ltd
Total no of outstanding shares of the Company : 32,998,807

Name of the Entity : G Ramakrishna Reddy

Details of Transaction
Date of Transaction : December 29, 2010
Number of Shares Revoked : 31,000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 3,395,833
Total No of shares pledged : 2,951,333
% of total shares pledged to total no of shares held by the entity in the Company : 86.91%
% of shares pledged to total no of outstanding shares of the Company : 8.94%

Name of the Entity : G Ramakrishna Reddy

Details of Transaction
Date of Transaction : December 30, 2010
Number of Shares Revoked : 192,900

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 3,395,833
Total No of shares pledged : 2,758,433
% of total shares pledged to total no of shares held by the entity in the Company : 81.23%
% of shares pledged to total no of outstanding shares of the Company : 8.36%

Name of the Entity : G Ramakrishna Reddy

Details of Transaction
Date of Transaction : December 30, 2010
Number of Shares Revoked : 164,394

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 3,560,227
Total No of shares pledged : 2,594,039
% of total shares pledged to total no of shares held by the entity in the Company : 72.66%
% of shares pledged to total no of outstanding shares of the Company : 7.86%

Name of the Entity : G Ramakrishna Reddy

Details of Transaction
Date of Transaction : December 30, 2010
Number of Shares Revoked : 45,500

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 3,560,227
Total No of shares pledged : 2,548,539
% of total shares pledged to total no of shares held by the entity in the Company : 71.58%
% of shares pledged to total no of outstanding shares of the Company : 7.72%

Name of the Entity : G Ramakrishna Reddy

Details of Transaction
Date of Transaction : December 31, 2010
Number of Shares Revoked : 456,567

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 4,016,794
Total No of shares pledged : 2,091,972
% of total shares pledged to total no of shares held by the entity in the Company : 52.08%
% of shares pledged to total no of outstanding shares of the Company : 6.34%

Name of the Entity : G Ramakrishna Reddy

Details of Transaction
Date of Transaction : December 31, 2010
Number of Shares Revoked : 139,433

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 4,016,794
Total No of shares pledged : 1,952,539
% of total shares pledged to total no of shares held by the entity in the Company : 48.61%
% of shares pledged to total no of outstanding shares of the Company : 5.92%

Name of the Entity : G Ramakrishna Reddy

Details of Transaction
Date of Transaction : January 03, 2011
Number of Shares Revoked : 57,950

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 4,016,794
Total No of shares pledged : 1,894,589
% of total shares pledged to total no of shares held by the entity in the Company : 47.17%
% of shares pledged to total no of outstanding shares of the Company : 5.74%

Name of the Entity : G Ramakrishna Reddy

Details of Transaction
Date of Transaction : January 03, 2011
Number of Shares Revoked : 83,206

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 4,100,000
Total No of shares pledged : 1,811,383
% of total shares pledged to total no of shares held by the entity in the Company : 44.18%
% of shares pledged to total no of outstanding shares of the Company : 5.49%

Name of the Entity : G Ramakrishna Reddy

Details of Transaction
Date of Transaction : January 03, 2011
Number of Shares Pledged : 572,000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 4,100,000
Total No of shares pledged : 2,383,383
% of total shares pledged to total no of shares held by the entity in the Company : 58.13%
% of shares pledged to total no of outstanding shares of the Company : 7.22%

Name of the Entity : Marg Capital Markets Ltd

Details of Transaction
Date of Transaction : December 30, 2010
Number of Shares Revoked : 164,000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 1,240,000
Total No of shares pledged : 948,000
% of total shares pledged to total no of shares held by the entity in the Company : 76.45%
% of shares pledged to total no of outstanding shares of the Company : 2.87%

Name of the Entity : Marg Capital Markets Ltd

Details of Transaction
Date of Transaction : January 03, 2011
Number of Shares Pledged: 120,000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 1,240,000
Total No of shares pledged : 1,068,000
% of total shares pledged to total no of shares held by the entity in the Company : 86.13%
% of shares pledged to total no of outstanding shares of the Company : 3.24%

Name of the Entity : Marg Capital Markets Ltd

Details of Transaction
Date of Transaction : January 04, 2011
Number of Shares Revoked: 23,000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 1,240,000
Total No of shares pledged : 1,045,000
% of total shares pledged to total no of shares held by the entity in the Company : 84.27%
% of shares pledged to total no of outstanding shares of the Company : 3.17%

Name of the Entity : Marg Capital Markets Ltd

Details of Transaction
Date of Transaction : January 05, 2011
Number of Shares Pledged: 67,000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 1,240,000
Total No of shares pledged : 1,112,000
% of total shares pledged to total no of shares held by the entity in the Company : 89.68%
% of shares pledged to total no of outstanding shares of the Company : 3.37%

Name of the Entity : Global Infoserv Ltd

Details of Transaction
Date of Transaction : December 30, 2010
Number of Shares Revoked : 178,000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 3,000,000
Total No of shares pledged : 744,150
% of total shares pledged to total no of shares held by the entity in the Company : 24.81%
% of shares pledged to total no of outstanding shares of the Company : 2.26%

Name of the Entity : Global Infoserv Ltd

Details of Transaction
Date of Transaction : January 03, 2011
Number of Shares Revoked : 478,000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 3,000,000
Total No of shares pledged : 266,150
% of total shares pledged to total no of shares held by the entity in the Company : 8.87%
% of shares pledged to total no of outstanding shares of the Company : 0.81%

Name of the Entity : Global Infoserv Ltd

Details of Transaction
Date of Transaction : January 04, 2011
Number of Shares Pledged : 612,000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 3,000,000
Total No of shares pledged : 878,150
% of total shares pledged to total no of shares held by the entity in the Company : 29.27%
% of shares pledged to total no of outstanding shares of the Company : 2.66%Read More

Updates

Punjab National Bank has informed BSE that the Bank had signed a Memorandum of Agreement with Principal Financial Group of Mauritius(PFG) and Vijaya Bank for restructuring of their existing joint ventures on June 23, 2010. The execution of the documents was subject to regulatory approvals. After receipt of the regulatory approvals, the Bank

1. has today sold its 30% stake in distribution JV Company to PFG.

2. has bought PFG and Berger Paints stake of 26% and 25% respectively in Insurance Broking Company

3. has bought PFG and U K Paints stake of 26% and 32% respectively in Principal PNB Life Insurance Company Ltd

Bank's stake in Insurance Broking Company is 81% and in Principal PNB Life Insurance Company Ltd is 88%.

Bank will continue to support Principal PNB Asset Management Company Pvt Ltd for three years.

Change in Directorate

Provogue (India) Ltd has informed BSE that Mr Nigam A. Patel has stepped down from the post of Executive Director of the Company with immediate effect and will continue to serve the Company on the Board in the capacity of a Non-Executive Director.

Declaration of NAV

HDFC Mutual Fund - HDFC Gold Exchange Traded Fund has informed BSE regarding NAV.Read More

Revised disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

With reference to earlier disclosure on January 12, 2011 Megasoft Ltd has submitted the revised disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE

Date of Reporting : December 31, 2010
Name of the Company : Megasoft Ltd
Total no of outstanding shares of the Company : 44,267,293

Name of the Entity: S Ravindra Babu*

Details of Transaction
Date of Transaction :December 29, 2010
Number of Shares pledged : (-)528,130

Aggregate details after the transaction
Total no of shares held by the entity in the company: 716,898
Total No of shares pledged : -
% of total shares pledged to total no of shares held by the entity in the Company : 0.00
% of shares pledged to total no of outstanding shares of the Company : 0.00

Name of the Entity: S Ravindra Babu#

Details of Transaction
Date of Transaction :December 24, 2010
Number of Shares pledged : (-)180,000

Aggregate details after the transaction
Total no of shares held by the entity in the company: 536,898
Total No of shares pledged : -
% of total shares pledged to total no of shares held by the entity in the Company : 0.00
% of shares pledged to total no of outstanding shares of the Company : 0.00

Name of the Entity: S Ravindra Babu#

Details of Transaction
Date of Transaction :December 30, 2010
Number of Shares pledged : (-)520,000

Aggregate details after the transaction
Total no of shares held by the entity in the company: 16,898
Total No of shares pledged : -
% of total shares pledged to total no of shares held by the entity in the Company : 0.00
% of shares pledged to total no of outstanding shares of the Company : 0.00

Name of the Entity: S Ravindra Babu

Details of Transaction
Date of Transaction : -
Number of Shares pledged : -

Aggregate details after the transaction
Total no of shares held by the entity in the company : 1,971,870
Total No of shares pledged : 1,471,870
% of total shares pledged to total no of shares held by the entity in the Company : 74.64%
% of shares pledged to total no of outstanding shares of the Company : 3.32%

[S Ravindra Babu - HUF ]

Name of the Entity: S Ravindra Babu

Details of Transaction
Date of Transaction : -
Number of Shares pledged : -

Aggregate details after the transaction
Total no of shares held by the entity in the company : 512,126
Total No of shares pledged : -
% of total shares pledged to total no of shares held by the entity in the Company : 0.00
% of shares pledged to total no of outstanding shares of the Company : 0.00

Name of the Entity: S Ravindra Babu

Details of Transaction
Date of Transaction : December 29, 2010
Number of Shares pledged : 500,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 512,126
Total No of shares pledged : 500,000
% of total shares pledged to total no of shares held by the entity in the Company : 97.63%
% of shares pledged to total no of outstanding shares of the Company : 1.13%

Name of the Entity: S Ravindra Babu#

Details of Transaction
Date of Transaction : December 24, 2010
Number of Shares pledged : 180,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 692,126
Total No of shares pledged : -
% of total shares pledged to total no of shares held by the entity in the Company : -
% of shares pledged to total no of outstanding shares of the Company : -

Name of the Entity: S Ravindra Babu#

Details of Transaction
Date of Transaction : December 30, 2010
Number of Shares pledged : 520,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 1,212,126
Total No of shares pledged : 500,000
% of total shares pledged to total no of shares held by the entity in the Company : 41.25%
% of shares pledged to total no of outstanding shares of the Company : 1.13%

# Gift from his individual demat a/c to his HUF a/c
* pledge release in his individual demat a/cRead More

Outcome of Board Meeting

Venus Remedies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 12, 2011, inter alia, has:

1. Approved increase in the borrowing limit upto Rs. 500 crores over and above paid share capital and free reserve of the Company under Section 293 (1) (d) of Companies Act 1956 and also approved the increase in limits inter alia for creation of charge/mortgage etc. over and above paid share capital and free reserve of the Company under Section 293 (1) (a) subject to the approval of shareholder's meeting.

2. Also approved calling an Extra Ordinary General Meeting for considering the above said proposal.

Allotment of shares under DBCL-ESOS-2008 Scheme

D. B. Corp Ltd has informed BSE that on January 11, 2011 the authorised members of the Compensation Committee of the Company has allotted 1803 number of equity shares of Rs. 10/- each of the Company, on the exercise of 1803 stock options under the DBCL-ESOS Scheme 2008, to it's employee covered under the scheme.
Following are the details of the increase in the Issued and Paid up Capital of the Company :

- Existing Issued and Paid up Capital: 181532072 Equity Shares of Rs. 10/- each.

- Shares allotted / increased by: 1803 Equity Shares of Rs. 10/- each.

- Revised Issued and Paid up Capital: 181533875 Equity Shares of Rs. 10/- each.

The new equity shares rank pari passu in all respects with the existing capital.

MOU Executed between Marg & Lagan

Marg Ltd has informed BSE that the company has signed MOU on January 12, 2011 with Northern Ireland based construction major M/s Lagan Constructions Ltd, UK Lagan has proven expertise and experience in delivering projects across various sectors including Road, Airports, Water, Energy and Rail. These projects have been undertaken worldwide by Lagan.

This MOU will enable the Company to bid for construction of Airports and other Infrastructure projects in India as well as overseas.

Resignation of Directors

Money Matters Financial Services Ltd has informed BSE that the Board has Noted the resignation of Shri Sanjiv Kapoor, Dr. B. Samal, Shri V. P. Singh & Shri R. N. Bhardwaj as a Directors of the Company also noted the resignation of Shri Yogesh Kolwalkar, as the Company Secretary and Compliance Officer of the Company.

Fw: Investor's Eye: Pulse - IIP growth disappoints; Special - Q3FY2011 Power earnings preview


 

Sharekhan Investor's Eye
 
Investor's Eye
[January 12, 2011] 
Summary of Contents

PULSE TRACK

  • IIP growth disappoints


SHAREKHAN SPECIAL

Q3FY2011 Power earnings preview

  • We expect power generation in India to touch approximately 199.527 billion units (BU) during Q3FY2011. This reflects a growth of 5.2% year on year (YoY) backed by nearly 6% incremental capacity over the last year. Sequentially, we expect all-India power generation to inch up by 1.15%. Power deficit is likely to hover around 7% in Q3FY2011. We believe electricity deficit should remain marginally low at 7% due to the impact of the winter season.
  • In such a scenario, where power deficit is expected to remain flattish, short-term power price (popularly called merchant power) should be under pressure. Merchant power prices during Q3FY2011 remained broadly around Rs3 per unit or below, touching as low as Rs1.5 per unit in between. Due to the onset of the winter short-term power prices should remain low in the third quarter, consequently pressuring the margin of the power generators, especially companies selling in the open market. However, even regulated power producers (selling through long-term power contracts) are likely to experience a higher input cost and other operating expenses. Hence, they are likely to experience margin pressure during Q3FY2011. In contrast, power transmission companies are likely to report a decent growth in their top line and bottom line over the last year. 
  • We believe the transmission and distribution (T&D) engineering, procurement and construction (EPC) contractors should do well during the third quarter. Traditionally, during the post-monsoon months these companies speed up projects especially in difficult terrains. Hence, we expect the transmission companies to report a healthy growth in both the top line and the bottom line.


Click here to read report: Investor's Eye  

Regards,
The Sharekhan Research Team
myaccount@sharekhan.com 

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