Sensex

Monday, February 21, 2011

IVRCL Infrastructures & Projects Ltd: Notice of Postal Ballot

IVRCL Infrastructures & Projects Ltd has informed BSE that the members of the Company will consider to approve the resolutions, by way of Postal Ballot.Read More

Surya Roshni Ltd: Disclosures under Reg. 22(17) of SEBI (SAST) Regulations, 1997

Lustre Merchants Pvt Ltd has submitted the disclosure under Regulation 22(17) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More

Bank of Maharashtra: Outcome of Board Meeting - Raising of Equity Capital

Bank of Maharashtra has informed BSE that, at the Board Meeting held on February 21, 2011 and in terms of the communication from Government of India, Ministry of Finance, Department of Financial Services vide letter dated February 15, 2011 conveying its decision to infuse Rs. 352.00 Crore (Rupees Three Hundred and Fifty Two Crores only) by way of preferential allotment of Equity in favour of Government of India, it is decided to initiate necessary steps to raise the capital by creating, offering, issuing and allotting such number of equity shares of face value of Rs 10/- each for cash at such price as may be determined by the Board in accordance with Regulation 76 (1) of SEBI ICDR Regulations and aggregating to Rs 352.00 crores on preferential basis to Government of India and to complete the formalities by March 31, 2011.

Parsvnath Developers Ltd: Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

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

Date of Reporting : February 21, 2011
Name of the Company : Parsvnath Developers Ltd
Total no of outstanding shares of the Company : 43,51,81,170

Name of the Entity: Pradeep Kumar Jain & Sons (HUF)

Details of Transaction :
Date of Transaction : February 07, 2011
Number of Shares Pledged : 8,50,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 11,70,57,744
Total No of shares pledged : 10,68,08,160
% of total shares pledged to total no of shares held by the entity in the Company : 91.24%
% of shares pledged to total no of outstanding shares of the Company : 24.54%

Name of the Entity: Pradeep Kumar Jain & Sons (HUF)

Details of Transaction :
Date of Transaction : February 09, 2011
Number of Shares Pledged : 10,00,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 11,70,57,744
Total No of shares pledged : 10,78,08,160
% of total shares pledged to total no of shares held by the entity in the Company : 92.10%
% of shares pledged to total no of outstanding shares of the Company : 24.77%

Name of the Entity: Pradeep Kumar Jain

Details of Transaction :
Date of Transaction : February 07, 2011
Number of Shares Pledged : 15,70,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 9,14,68,656
Total No of shares pledged : 8,38,06,212
% of total shares pledged to total no of shares held by the entity in the Company : 91.62%
% of shares pledged to total no of outstanding shares of the Company : 19.26%

Name of the Entity: Pradeep Kumar Jain

Details of Transaction :
Date of Transaction : February 08, 2011
Number of Shares Revoked : 1,40,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 9,14,68,656
Total No of shares pledged : 8,36,66,212
% of total shares pledged to total no of shares held by the entity in the Company : 91.47%
% of shares pledged to total no of outstanding shares of the Company : 19.23%

Name of the Entity: Pradeep Kumar Jain

Details of Transaction :
Date of Transaction : February 09, 2011
Number of Shares Pledged : 10,00,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 9,14,68,656
Total No of shares pledged : 8,46,66,212
% of total shares pledged to total no of shares held by the entity in the Company : 92.56%
% of shares pledged to total no of outstanding shares of the Company : 19.46%Read More

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

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

Sturdy Industries Ltd: Outcome of Board Meeting

Sturdy Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 21, 2011, has resolved the following:

1. To allot the shares to the shareholders of M/s. Swati Storwel Pvt. Ltd. and M/s. Nuline Industries Pvt. Ltd. The Companies which have been merged with Sturdy Industries Ltd. pursuant to scheme of amalgamation approved by the Hon'ble Court of Himachal Pradesh vide order dated January 05, 2011.

2. To authorize Mr. Ramesh Gupta to file application for the enlistment of shares so allotted and do all such act and deeds for giving effect to the above resolution.

Sakuma Exports Ltd: Purchase of Equity Share by Promoter

Sakuma Exports Ltd has informed BSE that one of the promoters of the Company namely M/s. Sakuma International Marketing Pvt. Ltd., has purchased 1954 Equity Shares of Sakuma Exports Limited from the market at an average price of Rs. 14.00 per Equity Share at N.S.E. 961 Shares and at an average price of Rs. 14.00 per share at B.S.E. 993 Shares. Further the Company has informed that, total holding of Sakuma International Marketing Pvt. Ltd. of Equity shares is 1880655 + 1954 - 1882609 Equity Shares.

Amrit Corp Ltd: Demise of Director

Amrit Corp Ltd has informed BSE that Shri Romesh Lal, an Independent Director on the Board of Directors of the Company has passed away on February 08, 2011.

GMR Infrastructure Ltd: Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997

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

Amtek Auto Ltd: Outcome of Committee Meeting

Amtek Auto Ltd has informed BSE that the Allotment Committee of Board of Directors of the Company in their meeting held on February 21, 2011 has allotted 72,00,000 Equity Shares upon conversion of warrants into equivalent number of equity shares of Rs. 2/- each at a premium of Rs. 178/- aggregating to Rs. 129.60 Crores to the promoters group Companies by way of preferential allotment.

Further the Convertible warrants issued by the Company are exercise by the allottes within the currency period of warrants which were allotted on July 20, 2010 in terms of Chapter VII of the SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009.

Supreme Tex Mart Ltd: EGM on Mar 14, 2011

Supreme Tex Mart Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the Company will be held on March 14, 2011.Read More

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

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

Borax Morarji Ltd: Notice Postal Ballot

Borax Morarji Ltd has informed BSE that members of the Company will consider the resolutions by way of Postal Ballot.Read More

Fortis Healthcare Ltd: Result of Postal Ballot

Fortis Healthcare Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have passed the Special Resolution under Section 21 of the Companies Act, 1956, for change of Name of the Company from "Fortis Healthcare Ltd." to "Fortis Healthcare (India) Ltd.", by overwhelming majority.Read More

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

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

GCV Services Ltd: Change in RTA

GCV Services Ltd has informed BSE that the Company has appointed M/s. Cameo Corporate Service Ltd. as their Registrar & Share Transfer Agents in place of M/s. MCS Ltd.

The scope of the new RTA includes inter alia providing electronic connectivity & handling physical share transfer work of the Company.

The details of the new R&T as are follows:

- Name of the RTA: Cameo Corporate Services Ltd.

- Name of the concerned official: Mr. Jaydeep Mehta

- Designation: Vice President

- Correspondence Address: 202, Pawan Flats, 7, Anand Nagar Society, Productivity Road, Alkapuri, Baroda - 390007

- Communication Details: Tel: 0265 - 2341105, Fax: 0265 - 2341105; Email: jaydeep@cameoindia.com / binod@cameoindia.com

Oracle Financial Services Software Ltd: SOP Allotment Committee Meeting on Feb 24, 2011

Oracle Financial Services Software Ltd has informed BSE that a meeting of ESOP Allotment Committee of the Company will be held on February 24, 2011, to consider allotment of shares to the eligible employees who have chosen to exercise their options under Employees Stock Option Scheme (ESOP), 2002 of the Company.

State Bank of Travancore: Revision of Base Rate (BR) & Benchmark Prime Lending Rate (BPLR)

State Bank of Travancore has informed BSE that the Bank has decided to change the Base Rate (BR) & Benchmark Prime Lending Rate (BPLR) as under with effect from February 16, 2011.

1. Base Rate (BR)

- Existing Rate: 8.50%
- Revised Rate (Effective from January 16, 2011): 9.00%

2. Benchmark Prime Lending Rate (BPLR):

- Existing Rate: 13.50%
- Revised Rate (Effective from January 16, 2011): 13.75%

Sharp India Ltd: Resignation of Director

Sharp India Ltd has informed BSE that Mr. Koji Domoto has resigned as the Director of the Company with effect from February 12, 2011.

Kanishk Steel Industries Ltd: Financial Results for Dec 31, 2010

Kanishk Steel Industries Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More

Aptech Ltd: Receipt of China Dividend by wholly owned Subsidiary Company

Aptech Ltd has informed BSE that Company's wholly owned subsidiary company has received the dividend from Company's China Venture of an amount of US$ 7,229,983 (equivalent to INR 32.65 crore).

HDFC Mutual Fund - HDFC Gold Exchange Traded Fund: Declaration of NAV

HDFC Mutual Fund - HDFC Gold Exchange Traded Fund has informed BSE regarding NAVRead More

Arrow Textiles Ltd: Outcome of Board Meeting

Arrow Textiles Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 21, 2011, inter alia, have taken following decisions relating to the proposed Rights Issue of Equity Shares of the Company:

1. The shares to be issued on Rights basis will be given to shareholders holding shares as on the Record Date, on Rights basis in the ratio of 2 (two) Equity Shares for every 5 (Five) Equity Shares held.

2. Rights Issue of 54,41,126 Equity Share of Face Value of Rs. 10/- each offered at a Rights Issue Price of Rs 11/- each for cash at a premium of Re 1/- per Equity Share.

3. Approval of Final Letter of Offer of Rights Issue of Equity shares.

Anant Raj Industries Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

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

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

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

Godawari Power and Ispat Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

Godawari Power and Ispat Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSERead More

Asahi Songwon Colors Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

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

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

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

Oberoi Realty Ltd: Clarification of News Item

Oberoi Realty Ltd has informed BSE that a news item carried by the financial daily dated February 21, 2011,
under the headline "DB in talks with Oberoi Realty to sell 30K sq mtr of TDRs". The Company categorically deny the news item and wish to clarify that the Company are neither in any talks whatsoever with DB Realty nor is any transaction contemplated between Oberoi Realty and DB Realty for purchase of TDRs.

Asian Paints Ltd: Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

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

Date of Reporting : February 21, 2011
Name of the Company : Asian Paints Ltd
Total no of outstanding shares of the Company : 9,59,19,779

Name of the Entity : Geetanjali Trading and Investments Pvt Ltd

Details of Transaction
Date of Transaction : February 08, 2011
Number of Pledged Shares : 1,40,000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 1,49,22,538
Total No of shares pledged : 97,90,050
% of total shares pledged to total no of shares held by the entity in the Company : 65.61%
% of shares pledged to total no of outstanding shares of the Company : 10.21%

Name of the Entity : Geetanjali Trading and Investments Pvt Ltd

Details of Transaction
Date of Transaction : February 14, 2011
Number of Shares revoked : 1,00,000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 1,49,22,538
Total No of shares pledged : 96,90,050
% of total shares pledged to total no of shares held by the entity in the Company : 64.94%
% of shares pledged to total no of outstanding shares of the Company : 10.10%Read More

Orient Green Power Company Ltd: Outcome of Board Meeting

Orient Green Power Company Ltd has informed BSE regarding Outcome of Board Meeting held on February 10, 2011.Read More

Pantaloon Retail (India) Ltd: Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

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

Date of Reporting : February 21, 2011
Name of the Company : Pantaloon Retail (India) Ltd
Total no of outstanding shares of the Company : 201,142,539

Name of the Entity: PIL Industries Ltd (Formerly known as Pantaloon Industries Ltd )

Details of Transaction
Date of Transaction : February 11, 2011
Number of Shares Pledged : 1,400,000

Aggregate details after the transaction
Total no of shares held by the entity in the company: 11,376,405
Total No of shares pledged : 10,145,000
% of total shares pledged to total no of shares held by the entity in the Company : 89.18%
% of shares pledged to total no of outstanding shares of the Company : 5.04%

Name of the Entity : Future Corporate Resources Ltd

Details of Transaction
Date of Transaction : February 01, 2011
Number of Shares Pledged : 100,000

Aggregate details after the transaction
Total no of shares held by the entity in the company: 78,818,771
Total No of shares pledged : 16,191,515
% of total shares pledged to total no of shares held by the entity in the Company : 20.54%
% of shares pledged to total no of outstanding shares of the Company : 8.05%

Name of the Entity : Future Corporate Resources Ltd

Details of Transaction
Date of Transaction : February 08, 2011
Number of Shares Pledged : 60,000

Aggregate details after the transaction
Total no of shares held by the entity in the company: 78,818,771
Total No of shares pledged : 16,351,515
% of total shares pledged to total no of shares held by the entity in the Company : 20.75%
% of shares pledged to total no of outstanding shares of the Company :8.13%

Calculation of total Voting Rights of the Company

Equity Shares
No of Shares - 201,142,539
Voting Rights - 201,142,539

Class B (Series 1)
No of Shares - 15,929,152
Voting rights - 1,592,915

Details of Voting Rights of total capital pledged by Promoters

Class of Shares pledged - Equity
No of total votes - 90,076,986
Voting right pledged - 26,496,515
% of total voting right pledged to total holding - 29.42%
% of Voting rights pledged to total no of outstanding voting rights - 13.07%

Class of Shares pledged - Class B Shares (Series 1)
No of total votes - 740,769
voting right pledged - 20,000
% of total voting right pledged to total holding - 2.70%
% of Voting rights pledged to total no of outstanding voting rights - 0.01%Read More

Asahi Songwon Colors Ltd: Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997

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

Asahi Songwon Colors Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

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

Religare Mutual Fund - Religare Gold Exchange Traded Fund: Declaration of NAV

Religare Mutual Fund - Religare Gold Exchange Traded Fund has informed BSE regarding Net Asset Value (NAV) of Religare FMPs & ETFs.Read More

Remsons Industries Ltd: Updates on Result of Postal Ballot

Remsons Industries Ltd has submitted to BSE a copy of the minutes of the resolution passed by way of Postal Ballot.Read More

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

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

Date of Reporting : February 17, 2011
Name of the Company : SRF Ltd
Total no of outstanding shares of the Company : 6,05,03,580

Name of the Entity : SRF Polymers Investments Ltd

Details of Transaction
Date of Transaction : February 14, 2011
Number of Shares Pledged (P) : 65,000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 1,67,28,076
Total No of shares pledged : 8,00,000
% of total shares pledged to total no of shares held by the entity in the Company : 4.78%
% of shares pledged to total no of outstanding shares of the Company : 1.32%Read More

Dolat Investments Ltd: Purchase of shares by Promoter & Promoter Group under Creeping Acquisition

Dolat Investments Ltd has informed BSE that the Company had received information from the Promoter and Promoter Group along with persons acting in concert that the following shares were purchased by them under the creeping acquisition:

- Name of Promoter/person acting in concert : Mrs. Pooja V. Shah
- Date of Purchase : February 18, 2011
- No. of Shares : 21,387

The existing holding of the Promoters & Promoters Group along with person acting in concert prior to the above acquisition was 72.28%. The above purchase amounts to 0.0122% of the total paid up share capital of the Company. The holding of the Promoters & Promoters Group along with person acting in concert after the above acquisition is 72.30%.

Varun Industries Ltd: Outcome of Board Meeting

Varun Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 21, 2011, 70,00,000 equity shares of the face value of Rs. 10/- each in the Company were allotted at a price of Rs. 43.20 including premium of Rs. 33.20 per share to the following allottees on conversion of equal number of warrants:-

1. Name of the Allottees: Rishabh Technomarine Pvt. Ltd.
- No. of Equity Shares: 7,50,000*

2. Name of the Allottees: Albers Diamonds Pvt. Ltd.
- No. of Equity Shares: 7,46,500*

3. Name of the Allottees: Magnifique Gems Pvt. Ltd.
- No. of Equity Shares: 5,25,000*

4. Name of the Allottees: Re Jewels Pvt. Ltd.
- No. of Equity Shares: 5,08,500*

5. Name of the Allottees: Shri Kiran N. Mehta
- No. of Equity Shares: 26,44,303

6. Name of the Allottees: Shri Kailash S. Agarwal
- No. of Equity Shares: 18,25,697

(* - Shri Kiran N. Mehta and Shri Kailash S. Agarwal had transferred 25,30,000 warrants to the aforesaid parties)

2. Consequent to the allotment, the total paid up capital of the Company has gone up to Rs. 29,11,39,450/- divided into 2,91,13,945 equity shares of the face value of Rs. 10/- each.

Polaris Software Lab Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

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

Allahabad Bank: Increase in Benchmark Prime Lending Rate (BPLR)

Allahabad Bank has informed BSE that the Bank has decided to increase its Benchmark Prime Lending Rate (BPLR) from existing 13.50% to 13.75% with effect from February 24, 2011.

Asahi Songwon Colors Ltd: Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997

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

Excel Glasses Ltd: Board Meeting on Feb 26, 2011

Excel Glasses Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 26, 2011, to consider / take on records (1) the unaudited Financial Results for the quarter ended December 31, 2010 and (2) To consider Capital Restructuring of the Capital of the Company and conversion of Preference Shares subject to the approval of concerned authorities.

Anant Raj Industries Ltd: Disclosures under Reg.13(4) of SEBI (Prohibition of Insider Trading) Regulations, 1992

Ashok Sarin has submitted the disclosure under Regulation 13(4) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More

Krishna Deep Trade & Investments Ltd: Outcome of Board Meeting

Krishna Deep Trade & Investments Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 21, 2011, inter alia, have passed the following resolutions:

1. Considered and approved the Swap ratio for the Amalgamation of Naxpar Lab Pvt. Ltd, Parnax Lab Pvt Ltd with Krishna Deep Trade and Investment Ltd.

2. Approved the scheme of Amalgamation under section 391 to 394 of the Companies Act 1956 between Naxpar Lab Pvt Ltd, Parnax Lab Pvt Ltd and Krishna Deep Trade and Investment Ltd.

Hira Ferro Alloys Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

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

Biofil Chemicals & Pharmaceuticals Ltd: Outcome of Board Meeting

Biofil Chemicals & Pharmaceuticals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 21, 2011, has passed the resolution for re-issuance of forfeited 5712500 equity shares subject to confirmation of shareholders in ensuing the Extra-Ordinary general Meeting of the Company to be held on March 23, 2011.

Dynemic Products Ltd: Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997

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

United Bank of India: Preferential Allotment to Government of India

United Bank of India has informed BSE that the Board of Directors of the Bank taking note of the Letter No. F.No.11/7/2008-BOA dated February 15, 2011 received from Ministry of Finance, Government of India, and having considered and approved the issue and allotment of equity shares of Rs 10/- each at such price as determined in accordance with the SEBI ICDR Regulations, 2009 aggregating up to Rs 308 Crore.

In terms of Regulation 76(1) of the (Issue of Capital & Disclosure Requirements) Regulations 2009 (SEBI ICDR Regulations) the issue price for the said Preferential Allotment works out to Rs.110.04 per share (Rupees One Hundred Ten and Paisa Four Only) including a premium of Rs 100.04/- per equity share, Accordingly the Bank proposes to issue and allot up to 279,89,821 equity shares to the Government of India on Preferential Basis.

Infrastructure Development Finance Company Ltd: Outcome of Committee Meeting

Infrastructure Development Finance Company Ltd has informed BSE that the Committee of Directors, at its meeting held on February 21, 2011, had approved the following:

1. Prospectus - Tranche 3* which includes terms and conditions for Tranche - 3*

2. Issue to open for subscription from February 28, 2011 - March 16, 2011.

Tranche - 3* - Proposed public issue by Infrastructure Development Finance Company Ltd of long term infrastructure bonds of face value of Rs. 5,000 each, in the nature of secured, redeemable, non-convertible debentures, having benefits under Section 80CCF of the Income Tax Act, 1961 (the "Bonds") for an aggregate amount not exceeding Rs. 21,716.7 million (the "Issue").

Prospectus Tranche - 3 will be submitted by the Lead Managers to the Issue on behalf of the Company.