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Monday, March 28, 2011
Indiabulls Real Estate Ltd: Updates on Scheme of Arrangement
Indiabulls Real Estate Ltd has informed BSE that the Hon'ble High Court of Delhi at New Delhi has, vide order dated March 03, 2011, received on March 28, 2011, sanctioned the Scheme of Arrangement between Indiabulls Real Estate Ltd ("the Company") and Indiabulls Wholesale Services Ltd ("IWSL") and their respective shareholders and creditors.
Granules India Ltd: Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997
Granules India Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More
Refex Refrigerants Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Refex Refrigerants Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More
Zee Learn Ltd: Outcome of Court Convened Meeting
Zee Learn Ltd has informed BSE that the Members of the Company at the Court Convened General Meeting held on March 28, 2011, have approved, with requisite majority, the Scheme of Amalgamation of Essel Entertainment Media Limited with Zee Learn Limited, and their respective shareholders and creditors made under the provisions of Sections 391 to 394 of the Companies Act, 1956, with effect from the close of business hours on March 31, 2011 (Appointed date). The said Scheme shall be further subject to necessary approvals of Hon'ble High Court of Judicature at Bombay and such other authority as may be required.
Sudal Industries Ltd: Outcome of Board Meeting
Sudal Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 24, 2011, has alloted out of un-issued capital of 4,50,000 Equity shares of Rs. 10/- each of the Company with a premium of Rs. 23.25 each to Shyantanu Sudarshan Chokhani in exercise of the rights attached with the Optionally Fully Convertible Warrants allotted to them pursuant to the approval sought from the members.Read More
Cinerad Communications Ltd: 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 BSERead More
Gammon India Ltd: Result of Postal Ballot
Gammon India Ltd has informed BSE that the members of the Company, have passed the following resolutions, by way of Postal Ballot, with requisite majority:
1. Special Resolution pursuant to Sections 31 and 259 of the Companies Act, 1956, for alteration of Article 123 of the Article of Association of the Company.
2. Special Resolution pursuant to Section 372A of the Companies Act, 1956, authorizing the Board of Directors to make investments in, acquire by way of subscription, purchase or otherwise the securities of any other body corporate, make / give loans / deposits / guarantees / securities to any other body corporate and in particular to the Companies mentioned in the Notice accompanying the Postal Ballot.Read More
1. Special Resolution pursuant to Sections 31 and 259 of the Companies Act, 1956, for alteration of Article 123 of the Article of Association of the Company.
2. Special Resolution pursuant to Section 372A of the Companies Act, 1956, authorizing the Board of Directors to make investments in, acquire by way of subscription, purchase or otherwise the securities of any other body corporate, make / give loans / deposits / guarantees / securities to any other body corporate and in particular to the Companies mentioned in the Notice accompanying the Postal Ballot.Read More
Spicejet Ltd: Clarification on News
Spicejet Ltd has informed BSE about the following:
Various News Programs aired on News Channel on March 24, 2011 regarding safety issued raised against the Company.
The Company clarify that the aforesaid news item/ articles/ publications are factually incorrect and based on conjectures. The Company would like to reiterate that SpiceJet is a Safe and reliable airline where safety is of utmost importance. The selection criteria adopted by the Company with regard to pilots etc. strictly adhere to Industry practices.
The Company always gives highest priority to safety and security of the passengers and any inference or remote suggestion otherwise is completely untrue and without any basis.
The Company has also written to the Editor-In-Chief, to issue suitable retraction in the matter and refrain from airing such news item in respect of the Company without verifying its contents.
Various News Programs aired on News Channel on March 24, 2011 regarding safety issued raised against the Company.
The Company clarify that the aforesaid news item/ articles/ publications are factually incorrect and based on conjectures. The Company would like to reiterate that SpiceJet is a Safe and reliable airline where safety is of utmost importance. The selection criteria adopted by the Company with regard to pilots etc. strictly adhere to Industry practices.
The Company always gives highest priority to safety and security of the passengers and any inference or remote suggestion otherwise is completely untrue and without any basis.
The Company has also written to the Editor-In-Chief, to issue suitable retraction in the matter and refrain from airing such news item in respect of the Company without verifying its contents.
Shyam Star Gems Ltd: Outcome of Board Meeting
Shyam Star Gems Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 28, 2011, inter alia, has approved the following:
1. Considered and approved the resignation of Mr. Savji D. Patel as the director of the Company with immediate effect.
2. Considered and approved the resignation of Mr. Ramesh M. Patel as the director of the Company with immediate effect.
1. Considered and approved the resignation of Mr. Savji D. Patel as the director of the Company with immediate effect.
2. Considered and approved the resignation of Mr. Ramesh M. Patel as the director of the Company with immediate effect.
Su-Raj Diamonds and Jewellery Ltd: Disclosures under Reg. 7(1) of SEBI (SAST) Regulations, 1997
Sonia J Mehta has submitted the disclosure under Regulation 7(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSERead More
Hindustan Photo Films Manufacturing Company Ltd: Financial Results for Dec 31, 2010
Hindustan Photo Films Manufacturing Company Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More
Spanco Ltd: Result of Postal Ballot
Spanco Ltd has informed BSE that members of the Company, by way of Postal Ballot, have passed special resolution under section 17 of the Companies Act, 1956 for amendment in Main Objects Clause by inserting new sub-clause 2D after the existing sub-clause 2C under clause III A of the Memorandum of Association of the Company, with requisite majority.Read More
National Steel and Agro Industries Ltd: Outcome of Board Meeting
National Steel and Agro Industries Ltd has informed BSE that on receipt of balance amount on exercise of conversion option of 1,18,97,058 warrants, the Board at its meeting held on March 28, 2011 has, inter alia, allotted 1,18,97,058 equity shares of Rs. 10/- each of the Company to certain promoters, their relatives and associates (Promoter Group) and other persons/entities (Non Promoter Group).
Post such allotment the paid-up capital of the Company has increased to Rs. 44,50,00,000/- divided into 4,45,00,000 equity shares of Rs. 10/- each.
Post such allotment the paid-up capital of the Company has increased to Rs. 44,50,00,000/- divided into 4,45,00,000 equity shares of Rs. 10/- each.
Malabar Trading Company Ltd: Outcome of Board Meeting
Malabar Trading Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 28, 2011, inter alia, considered and approved the following:
1. Allotted 15,00,000 Equity Shares of Rs. 10 each upon conversion of 15,00,000, Convertible Equity Warrants to the applicants, as an amount equivalent to balance seventy five per cent of the consideration determined in terms of regulation 76 has been received against each such warrant on or before the date of allotment of Shares upon conversion.
2. Mr. Mahesh Khandelwal resigned from the directorship of the Company with effect from March 28, 2011.
3. Mr. Rajnath Shukla has been appointed as an additional director (Independent) of the Company with effect from March 28, 2011.
1. Allotted 15,00,000 Equity Shares of Rs. 10 each upon conversion of 15,00,000, Convertible Equity Warrants to the applicants, as an amount equivalent to balance seventy five per cent of the consideration determined in terms of regulation 76 has been received against each such warrant on or before the date of allotment of Shares upon conversion.
2. Mr. Mahesh Khandelwal resigned from the directorship of the Company with effect from March 28, 2011.
3. Mr. Rajnath Shukla has been appointed as an additional director (Independent) of the Company with effect from March 28, 2011.
Siemens Ltd: Updates on Open Offer
HSBC Securities and Capital Markets (India) Pvt. Ltd ("Manager to the Offer") for and on behalf of Siemens Aktiengesellschaft ("Acquirer") has issued this Third Corrigendum to the Public Announcement ("Third Corrigendum") to the Equity shareholders of Siemens Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the Public Announcement ("PA") dated January 31, 2011, Corrigendum to the PA published on March 04, 2011 (the "First Corrigendum") & Corrigendum to the PA published on March 15, 2011 (the "Second Corrigendum"), pursuant to Regulation 11(2A) of, and in compliance with, the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 ("SEBI (SAST) Regulations") and subsequent amendments thereto.
Capitalized terms used in this Third Corrigendum, unless otherwise defined, shall have the same meaning as assigned to them in the PA.
The shareholders of the Target Company are requested to note the following with respect to the Open Offer:
1. Pursuant to receipt of the orders of the Bombay High Court and the Gujarat High Court dated January 28, 2011 and March 01, 2011 respectively approving the scheme of amalgamation of the Target Company with Siemens Healthcare Diagnostics Ltd ("SHDL") and the approval of the shareholders of the Target Company under Regulation 23(1) of the SEBI (SAST) Regulations granted at the extra-ordinary general meeting held on March 24, 2011, the Target Company has issued and allotted fully paid-up equity shares of face value of Rs. 2 each ("Equity Shares") to shareholders of SHDL on March 24, 2011. The Voting Share Capital thereby stands increased from Rs. 674,320,400 divided into 337,160,200 Equity Shares to Rs. 680,589,800 divided into 340,294,900 Equity Shares.
2. The Acquirer has therefore increased the Offer Size from 66,829,060 Equity Shares being 19.82% of the Voting Share Capital to 67,025,669 Equity Shares being 19.70% of the Voting Share Capital in accordance with Regulation 21(3), 21(5) and 26 of the SEBI (SAST) Regulations and the undertaking made by the Acquirer in paragraph 2.1 of the Public Announcement and in compliance with the directions contained in the SEBI observation letter dated March 10, 2011. The post Open Offer shareholding of the Acquirer shall not go beyond the maximum permissible non-public shareholding limit of 75% prescribed under the listing agreements (as amended) even assuming full acceptances.
3. Consequent to the upward revision in the Offer Size, the total funding requirement for the Offer (assuming full acceptances) i.e. for the acquisition of up to 67,025,669 Equity Shares held by shareholders in the Target Company at Rs. 930 per Equity Share is Rs. 6,233,38,72,170 (Rupees six thousand two hundred and thirty three crores, thirty eight lakhs, seventy two thousand and one hundred and seventy only) ("Revised Maximum Consideration").
4. By way of security for performance of Acquirer's obligations under the SEBI (SAST) Regulations, the Acquirer has already established an unconditional, irrevocable and on demand bank guarantee dated March 01, 2011 ("Amended Bank Guarantee") valid up to and including July 27, 2011, which has been issued by HSBC Bank plc (Registered office: 8 Canada Square, London, United Kingdom E14 5HQ), on behalf of the Acquirer in favour of the Manager to the Offer for Rs. 638,33,87,217 (Rupees six hundred and thirty eight crores, thirty three lakhs, eighty seven thousand, two hundred and seventeen only), being the amount required under Regulation 28(2) of the SEBI (SAST) Regulations, i.e., 25% of the value of the Revised Maximum Consideration up to Rs. 100 crores and 10% of the value of the Revised Maximum Consideration beyond Rs. 100 crores.Read More
Capitalized terms used in this Third Corrigendum, unless otherwise defined, shall have the same meaning as assigned to them in the PA.
The shareholders of the Target Company are requested to note the following with respect to the Open Offer:
1. Pursuant to receipt of the orders of the Bombay High Court and the Gujarat High Court dated January 28, 2011 and March 01, 2011 respectively approving the scheme of amalgamation of the Target Company with Siemens Healthcare Diagnostics Ltd ("SHDL") and the approval of the shareholders of the Target Company under Regulation 23(1) of the SEBI (SAST) Regulations granted at the extra-ordinary general meeting held on March 24, 2011, the Target Company has issued and allotted fully paid-up equity shares of face value of Rs. 2 each ("Equity Shares") to shareholders of SHDL on March 24, 2011. The Voting Share Capital thereby stands increased from Rs. 674,320,400 divided into 337,160,200 Equity Shares to Rs. 680,589,800 divided into 340,294,900 Equity Shares.
2. The Acquirer has therefore increased the Offer Size from 66,829,060 Equity Shares being 19.82% of the Voting Share Capital to 67,025,669 Equity Shares being 19.70% of the Voting Share Capital in accordance with Regulation 21(3), 21(5) and 26 of the SEBI (SAST) Regulations and the undertaking made by the Acquirer in paragraph 2.1 of the Public Announcement and in compliance with the directions contained in the SEBI observation letter dated March 10, 2011. The post Open Offer shareholding of the Acquirer shall not go beyond the maximum permissible non-public shareholding limit of 75% prescribed under the listing agreements (as amended) even assuming full acceptances.
3. Consequent to the upward revision in the Offer Size, the total funding requirement for the Offer (assuming full acceptances) i.e. for the acquisition of up to 67,025,669 Equity Shares held by shareholders in the Target Company at Rs. 930 per Equity Share is Rs. 6,233,38,72,170 (Rupees six thousand two hundred and thirty three crores, thirty eight lakhs, seventy two thousand and one hundred and seventy only) ("Revised Maximum Consideration").
4. By way of security for performance of Acquirer's obligations under the SEBI (SAST) Regulations, the Acquirer has already established an unconditional, irrevocable and on demand bank guarantee dated March 01, 2011 ("Amended Bank Guarantee") valid up to and including July 27, 2011, which has been issued by HSBC Bank plc (Registered office: 8 Canada Square, London, United Kingdom E14 5HQ), on behalf of the Acquirer in favour of the Manager to the Offer for Rs. 638,33,87,217 (Rupees six hundred and thirty eight crores, thirty three lakhs, eighty seven thousand, two hundred and seventeen only), being the amount required under Regulation 28(2) of the SEBI (SAST) Regulations, i.e., 25% of the value of the Revised Maximum Consideration up to Rs. 100 crores and 10% of the value of the Revised Maximum Consideration beyond Rs. 100 crores.Read More
Kallam Spinning Mills Ltd: Result of Postal Ballot & Appointment of CFO
Kallam Spinning Mills Ltd has informed BSE that:
"1. The Company has conducted the process of Postal Ballot pursuant to provisions of Section 192A of the Companies Act, 1956 for seeking consent of the shareholders for mortgaging or charging the assets of the Company in favour of Banks / Financial Institutions on March 14, 2011 in fair and transparent manner. The result of the postal ballot has been declared by the Chairman on March 14, 2011 at the registered office of the Company that the resolution has been passed with requisite majority.
2. Mr. M. V. Subba Reddy, Wholetime Director, has been appointed as Chief Financial Officer (CFO) of the Company."
"1. The Company has conducted the process of Postal Ballot pursuant to provisions of Section 192A of the Companies Act, 1956 for seeking consent of the shareholders for mortgaging or charging the assets of the Company in favour of Banks / Financial Institutions on March 14, 2011 in fair and transparent manner. The result of the postal ballot has been declared by the Chairman on March 14, 2011 at the registered office of the Company that the resolution has been passed with requisite majority.
2. Mr. M. V. Subba Reddy, Wholetime Director, has been appointed as Chief Financial Officer (CFO) of the Company."
ECE Industries Ltd: Outcome of EGM
ECE Industries Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 28, 2011, inter alia, have passed the following ordinary resolution as per the Notice calling EGM, sent to the members :-
- Authority to the Board of Directors of the Company to (i) vary the terms mentioned in the Letter of offer dated June 23, 2010 and (ii) vary/amend/alter the utilization of the net proceeds inter se one or other of the purposes for their utilization described in the said Letter of offer dated June 23, 2010 and/or (iii) utilize any part of the net proceeds also for a purpose or purposes other than those described in the said Letter of offer dated June 23, 2010 as the Board may consider necessary or expedient in the best interest of the Company.Read More
- Authority to the Board of Directors of the Company to (i) vary the terms mentioned in the Letter of offer dated June 23, 2010 and (ii) vary/amend/alter the utilization of the net proceeds inter se one or other of the purposes for their utilization described in the said Letter of offer dated June 23, 2010 and/or (iii) utilize any part of the net proceeds also for a purpose or purposes other than those described in the said Letter of offer dated June 23, 2010 as the Board may consider necessary or expedient in the best interest of the Company.Read More
D&H Welding Electrodes India Ltd: Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997
D&H Welding Electrodes India Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More
Robinson Worldwide Trade Ltd: Outcome of EGM
Robinson Worldwide Trade Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 28, 2011, inter alia, taken the following decisions :
1. To change the name of the, subject to approval of Registrar of Company, approval of Central Government u/s 21 and members of the company
2. To convene Extra Ordinary General Meeting of the members of the Company on May 02, 2011.
3. Draft notice for Extra Ordinary General Meeting is duly approved by the Board and authorizes any of the Directors or any other person to issue the notice convening Extra Ordinary Genera! Meeting of the Company.
1. To change the name of the, subject to approval of Registrar of Company, approval of Central Government u/s 21 and members of the company
2. To convene Extra Ordinary General Meeting of the members of the Company on May 02, 2011.
3. Draft notice for Extra Ordinary General Meeting is duly approved by the Board and authorizes any of the Directors or any other person to issue the notice convening Extra Ordinary Genera! Meeting of the Company.
D&H Welding Electrodes India Ltd: Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997
D&H Welding Electrodes India Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More
Nestle India Ltd: AGM on Apr 19, 2011
Nestle India Ltd has informed BSE that the 52nd Annual General Meeting (AGM) of the Company will be held on April 19, 2011.Read More
D&H Welding Electrodes India Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
D&H Welding Electrodes India Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More
Chambal Fertilisers & Chemicals Ltd: Outcome of Restructuring Committee Meeting
With reference to the earlier announcement dated March 15, 2011, Chambal Fertilisers & Chemicals Ltd has now informed BSE that the Restructuring Committee of the Board of Directors, at its meeting held on March 28, 2011, has appointed independent consultants to explore various options for the purposes of restructuring the shipping business of the Company and to advise and assist the Restructuring Committee in this regard.
Cinerad Communications Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Cinerad Communications Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More
Electrotherm (India) Ltd: Incorporation of Wholly Owned Subsidiary in the Republic of Mali, Africa
Electrotherm (India) Ltd has informed BSE that the Company has incorporated a Wholly owned subsidiary in the Republic of Mali, Africa in the name of Electrotherm Mali SARL.
Tamilnadu Telecommunications Ltd: Board Meeting on Mar 31, 2011
Tamilnadu Telecommunications Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 31, 2011, to transact the following:
"To confirm the minutes of 128th Board meeting, to consider the minutes of 31st Audit committee meeting, to confirm the approval of un-audited financial results by the sub-committee for the third quarter ended December 31, 2010, to take note of the operations of the Company and implementation of the revival scheme, to approve issue of duplicate share certificate to Mr. Harshadrai Ratilal Shah, to approve appointment of agency for marketing / collection of dues, to consider accident insurance policy for the employees, to confirm the circular resolution passed authorizing MD, TTL for filing the writ petition in Delhi High Court against the APO for 42000 KM issued by BSNL, to review and take note of the ATR on decisions taken in 128th Board meeting, to note the status of pending supplies, orders in pipeline and backlog in supplies, to note the movement of share price, to note the minutes of the shareholders I investors grievance committee meetings, any other item with the permission of chair".
"To confirm the minutes of 128th Board meeting, to consider the minutes of 31st Audit committee meeting, to confirm the approval of un-audited financial results by the sub-committee for the third quarter ended December 31, 2010, to take note of the operations of the Company and implementation of the revival scheme, to approve issue of duplicate share certificate to Mr. Harshadrai Ratilal Shah, to approve appointment of agency for marketing / collection of dues, to consider accident insurance policy for the employees, to confirm the circular resolution passed authorizing MD, TTL for filing the writ petition in Delhi High Court against the APO for 42000 KM issued by BSNL, to review and take note of the ATR on decisions taken in 128th Board meeting, to note the status of pending supplies, orders in pipeline and backlog in supplies, to note the movement of share price, to note the minutes of the shareholders I investors grievance committee meetings, any other item with the permission of chair".
Indiabulls Financial Services Ltd: Grant of Certificate of Registration to "Indiabulls Mutual Fund"
Indiabulls Financial Services Ltd has informed BSE that Securities and Exchange Board of India ("SEBI") has granted its "Certificate of Registration" on March 24, 2011 to "Indiabulls Mutual Fund", sponsored by the Company.
SEBI has also granted its approval to "Indiabulls Asset Management Company Limited", a 100% subsidiary of the Company to act as "Asset Management Company" to "Indiabulls Mutual Fund".
SEBI has also granted its approval to "Indiabulls Asset Management Company Limited", a 100% subsidiary of the Company to act as "Asset Management Company" to "Indiabulls Mutual Fund".
Network 18 Media & Investments Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Network 18 Media & Investments Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSERead More
Allied Digital Services Ltd: BCCL to exercise its warrants in ADSL
Allied Digital Services Ltd has informed BSE about a Press Release dated March 28, 2011 titled "BCCL to exercise its warrants in ADSL"Read More
Surya Pharmaceutical Ltd: Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997
Surya Pharmaceutical Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE
Date of Reporting : March 26, 2011
Name of the Company : Surya Pharmaceutical Ltd
Total no of outstanding shares of the Company : 18,32,52,380
Name of the Entity: Rajiv Goyal
Details of Transaction :
Date of Transaction : March 18, 2011
- Number of Shares Pledged: 8464230
Aggregate details after the transaction
Total no of shares held by the entity in the company : 8464230
Total No of shares pledged : 8464230
% of total shares pledged to total no of shares held by the entity in the Company : 100.00%
% of shares pledged to total no of outstanding shares of the Company : 4.62%
Name of the Entity: Ess Ess Exim Pvt Ltd
Details of Transaction :
Date of Transaction : March 18, 2011
- Number of Shares Pledged: 7294000
Aggregate details after the transaction
Total no of shares held by the entity in the company : 7294000
Total No of shares pledged : 7294000
% of total shares pledged to total no of shares held by the entity in the Company : 100.00%
% of shares pledged to total no of outstanding shares of the Company : 3.98%
Name of the Entity: Futuristics Garments Pvt Ltd
Details of Transaction :
Date of Transaction : March 18, 2011
- Number of Shares Pledged: 5287180
Aggregate details after the transaction
Total no of shares held by the entity in the company : 5287180
Total No of shares pledged : 5287180
% of total shares pledged to total no of shares held by the entity in the Company : 100.00%
% of shares pledged to total no of outstanding shares of the Company : 2.89%
Name of the Entity: Surya Softedge Ltd
Details of Transaction :
Date of Transaction : March 18, 2011
- Number of Shares Pledged:5519500
Aggregate details after the transaction
Total no of shares held by the entity in the company : 5519500
Total No of shares pledged : 5519500
% of total shares pledged to total no of shares held by the entity in the Company : 100.00%
% of shares pledged to total no of outstanding shares of the Company : 3.01%
Name of the Entity: Mrs. Alka Goyal
Details of Transaction :
Date of Transaction : March 22, 2011
- Number of Shares Pledged:20804570
Aggregate details after the transaction
Total no of shares held by the entity in the company : 20804570
Total No of shares pledged : 20804570
% of total shares pledged to total no of shares held by the entity in the Company : 100.00%
% of shares pledged to total no of outstanding shares of the Company : 11.35%Read More
Date of Reporting : March 26, 2011
Name of the Company : Surya Pharmaceutical Ltd
Total no of outstanding shares of the Company : 18,32,52,380
Name of the Entity: Rajiv Goyal
Details of Transaction :
Date of Transaction : March 18, 2011
- Number of Shares Pledged: 8464230
Aggregate details after the transaction
Total no of shares held by the entity in the company : 8464230
Total No of shares pledged : 8464230
% of total shares pledged to total no of shares held by the entity in the Company : 100.00%
% of shares pledged to total no of outstanding shares of the Company : 4.62%
Name of the Entity: Ess Ess Exim Pvt Ltd
Details of Transaction :
Date of Transaction : March 18, 2011
- Number of Shares Pledged: 7294000
Aggregate details after the transaction
Total no of shares held by the entity in the company : 7294000
Total No of shares pledged : 7294000
% of total shares pledged to total no of shares held by the entity in the Company : 100.00%
% of shares pledged to total no of outstanding shares of the Company : 3.98%
Name of the Entity: Futuristics Garments Pvt Ltd
Details of Transaction :
Date of Transaction : March 18, 2011
- Number of Shares Pledged: 5287180
Aggregate details after the transaction
Total no of shares held by the entity in the company : 5287180
Total No of shares pledged : 5287180
% of total shares pledged to total no of shares held by the entity in the Company : 100.00%
% of shares pledged to total no of outstanding shares of the Company : 2.89%
Name of the Entity: Surya Softedge Ltd
Details of Transaction :
Date of Transaction : March 18, 2011
- Number of Shares Pledged:5519500
Aggregate details after the transaction
Total no of shares held by the entity in the company : 5519500
Total No of shares pledged : 5519500
% of total shares pledged to total no of shares held by the entity in the Company : 100.00%
% of shares pledged to total no of outstanding shares of the Company : 3.01%
Name of the Entity: Mrs. Alka Goyal
Details of Transaction :
Date of Transaction : March 22, 2011
- Number of Shares Pledged:20804570
Aggregate details after the transaction
Total no of shares held by the entity in the company : 20804570
Total No of shares pledged : 20804570
% of total shares pledged to total no of shares held by the entity in the Company : 100.00%
% of shares pledged to total no of outstanding shares of the Company : 11.35%Read More
Manaksia Ltd: Disclosures under Reg. 3(3) of SEBI (SAST) Regulations, 1997
Suresh Kumar Agrawal has submitted the disclosure under Regulation 3(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSERead 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 BSERead More
Lanco Infratech Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Lanco Infratech Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSERead More
Karuturi Global Ltd: Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997
Karuturi Global Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSERead More
Rural Electrification Corporation Ltd: Setting up of three Projects Specific Purpose Vehicles (SPVs). as Subsidiary Companies of REC
Rural Electrification Corporation Ltd has informed BSE about the following:
In exercise of the powers conferred in the Central Government by Sub-para 3.2 of Para 3 of the Guidelines circulated under Section 63 of the Electricity Act, 2003, REC Transmission Projects Company Ltd (RECTPCL), a wholly owned subsidiary company of REC Ltd, has been appointed Bid Process Coordinator (BPC) for the following transmission projects:-
1. Transmission System Associated with IPPs of Vemagiri Area- Package A
- Vemagiri Pooling Station-Khammam 765 kV 1xD/c (1st ckt.) line.
- Khamam - Hyderabad 765 kV D/C (1st ckt.) line.
2. Transmission System Associated with IPPs of Vemagiri Area- Package B
- Vemagiri Pooling Station-Khammam 765 kV 1xD/C (2nd ckt.) line.
- Khamam - Hyderabad 765 kV D/C (2nd ckt.) line.
3. Transmission System Associated with IPPs of Vemagiri Area- Package C
- Wardha-Jabalpur Pooling Station 765 kV 1xD/c line.
To take up the work of BPC, RECTPCL is in the process to incorporate three Special Purpose Vehicles (SPVs) as its wholly owned subsidiary companies for each of the abovementioned transmission project. Since RECTPCL is a wholly owned Subsidiary of REC, the Board of REC has also approved the proposal of incorporation of three SPVs as Subsidiary companies of RECTPCL, which will also be subsidiaries of REC Ltd in terms of the provisions of Section 4(1) (c) of the Companies Act, 1956.Read More
In exercise of the powers conferred in the Central Government by Sub-para 3.2 of Para 3 of the Guidelines circulated under Section 63 of the Electricity Act, 2003, REC Transmission Projects Company Ltd (RECTPCL), a wholly owned subsidiary company of REC Ltd, has been appointed Bid Process Coordinator (BPC) for the following transmission projects:-
1. Transmission System Associated with IPPs of Vemagiri Area- Package A
- Vemagiri Pooling Station-Khammam 765 kV 1xD/c (1st ckt.) line.
- Khamam - Hyderabad 765 kV D/C (1st ckt.) line.
2. Transmission System Associated with IPPs of Vemagiri Area- Package B
- Vemagiri Pooling Station-Khammam 765 kV 1xD/C (2nd ckt.) line.
- Khamam - Hyderabad 765 kV D/C (2nd ckt.) line.
3. Transmission System Associated with IPPs of Vemagiri Area- Package C
- Wardha-Jabalpur Pooling Station 765 kV 1xD/c line.
To take up the work of BPC, RECTPCL is in the process to incorporate three Special Purpose Vehicles (SPVs) as its wholly owned subsidiary companies for each of the abovementioned transmission project. Since RECTPCL is a wholly owned Subsidiary of REC, the Board of REC has also approved the proposal of incorporation of three SPVs as Subsidiary companies of RECTPCL, which will also be subsidiaries of REC Ltd in terms of the provisions of Section 4(1) (c) of the Companies Act, 1956.Read More
Punjab National Bank: Updates on Outcome of EGM
With reference to the earlier announcement dated March 28, 2011 regarding Outcome of EGM now the Punjab National Bank has informed BSE about the following:
"The shareholders of the Bank in the Extra-ordinary General Meeting held on March 28, 2011, approved Issuance / Allotment of 15,09,657 Equity Shares of Rs. 10/- each at a premium of Rs. 1208/82 per share aggregating to Rs. 184 crore (i.e. issue price of Rs. 1218/82 per Equity Share) unanimously (by a Special Resolution), in favour of Government of India on preferential basis, subject to necessary approvals."
"The shareholders of the Bank in the Extra-ordinary General Meeting held on March 28, 2011, approved Issuance / Allotment of 15,09,657 Equity Shares of Rs. 10/- each at a premium of Rs. 1208/82 per share aggregating to Rs. 184 crore (i.e. issue price of Rs. 1218/82 per Equity Share) unanimously (by a Special Resolution), in favour of Government of India on preferential basis, subject to necessary approvals."
Ind-Swift Laboratories Ltd: Outcome of Board Meeting
Ind-Swift Laboratories Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 28, 2011, has approved the allotment of 16,00,000 equity shares as under:-
1. 7,00,000 equity shares allotted to Promoters Group upon conversion of 7,00,000 Zero Coupon Optionally Convertible Warrants (2010 Series) at a price of Rs. 82.50/-per share.
2. 9,00,000 equity shares allotted to Other Bodies Corporate upon conversion of 9,00,000 Zero Coupon Optionally Convertible Warrants (2010 Series) at a price of Rs. 82.50/-per share.
1. 7,00,000 equity shares allotted to Promoters Group upon conversion of 7,00,000 Zero Coupon Optionally Convertible Warrants (2010 Series) at a price of Rs. 82.50/-per share.
2. 9,00,000 equity shares allotted to Other Bodies Corporate upon conversion of 9,00,000 Zero Coupon Optionally Convertible Warrants (2010 Series) at a price of Rs. 82.50/-per share.
Net 4 India Ltd: Outcome of Board Meeting
Net 4 India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 25, 2011, inter alia, had approved to make majority strategic investment into M/s Pipetel Communications Pvt Ltd.
M/s Pipetel Communications Pvt Ltd is engaged in the business of ISP Services (holding a category 'A' ISP License (All India) issued by the Govt. of India) and with the acquisition of majority stake, the overall operations of the Company would be diversified to include ISP services, in addition to other Network & Applications Services presently undertaken by the Company. The Company believe there are direct synergies between our existing business and ISP services, which would benefit both in the long run.
The investment in M/s Pipetel Communications Pvt Ltd will be made by purchase of Equity from existing Shareholders and also making additional investment for business growth, through preferential allotment of Shares of M/s Pipetel Communications Pvt Ltd. The aggregate investment by the Company for the purchase and further investments would be Rs. 4,16,50,000/- {INR Four Crore, Sixteen Lacs and Fifty Thousand (approx.)}.
M/s Pipetel Communications Pvt Ltd is engaged in the business of ISP Services (holding a category 'A' ISP License (All India) issued by the Govt. of India) and with the acquisition of majority stake, the overall operations of the Company would be diversified to include ISP services, in addition to other Network & Applications Services presently undertaken by the Company. The Company believe there are direct synergies between our existing business and ISP services, which would benefit both in the long run.
The investment in M/s Pipetel Communications Pvt Ltd will be made by purchase of Equity from existing Shareholders and also making additional investment for business growth, through preferential allotment of Shares of M/s Pipetel Communications Pvt Ltd. The aggregate investment by the Company for the purchase and further investments would be Rs. 4,16,50,000/- {INR Four Crore, Sixteen Lacs and Fifty Thousand (approx.)}.
Surya Pharmaceutical Ltd: Board Meeting on Mar 31, 2011
Surya Pharmaceutical Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 31, 2011, to consider and allot fully paid Equity Shares upon conversion of Zero Coupon Convertible Share Warrants.
Agio Paper & Industries Ltd: Board Meeting on Mar 29, 2011
Agio Paper & Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 29, 2011, to allot 10,000,000 Equity Shares on Preferential basis at a price of Rs. 12/- per equity Share (including a premium of Rs. 2/- per share).
LN Polyesters Ltd: Board Meeting on Mar 31, 2011
LN Polyesters Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 31, 2011, to allot the Equity Shares in lieu of Convertible Equity Warrants issued on preferential basis to the allottees from whom the balance consideration is received by the Company.
CMC Ltd: Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997
CMC Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More
CMC Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
CMC Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More
XL Energy Ltd: Postal Ballot Results
XL Energy Ltd has informed BSE that the members of the Company have approved, the resolutions conducted by postal ballot for re-classification of authorized share capital, alteration of Memorandum & Articles of Association and further issue of preference shares to Banks to the extent of Rs.10 Crores under CDR package as specified in the notice of the Postal Ballot dated February 17, 2011 sent to all the members.
Granules India Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Granules India Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More
JMDE Packaging & Realties Ltd: Financial Results for Dec 31, 2010
JMDE Packaging & Realties Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More
Transcon Research & Infotech Ltd: Financial Results for Sep 30, 2010 & Dec 31, 2010
Transcon Research & Infotech Ltd has informed BSE about the Financial Results for the Quarter ended September 30, 2010 & December 31, 2010.Read More
Punjab National Bank: Issuance / Allotment of Equity Shares of the Bank in favour of GOI on Preferential Basis
Punjab National Bank has informed BSE that the Bank has allotted 15,09,657 Equity Shares in favour of Government of India ("GOI") as under:
No. of Equity Shares - 15,09,657
Face value of Equity Shares - Rs 1,50,96,570 (Rs 10 per Equity Share)
Share Premium - Rs 182,49,03,430
Aggregate Amount - Rs 184 Crore
However the Equity Shares will be credited in DP Account of GOI with SBI on receipt of Final approval from NSE & BSE, after completion of post-issue compliances, as directed vide their letters dated March 25, 2011.
No. of Equity Shares - 15,09,657
Face value of Equity Shares - Rs 1,50,96,570 (Rs 10 per Equity Share)
Share Premium - Rs 182,49,03,430
Aggregate Amount - Rs 184 Crore
However the Equity Shares will be credited in DP Account of GOI with SBI on receipt of Final approval from NSE & BSE, after completion of post-issue compliances, as directed vide their letters dated March 25, 2011.
Cals Refineries Ltd: Outcome of Board Meeting
Cals Refineries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 28, 2011, inter alia, has co-opted Mr. Alexander Walter Schweickhardt, a founding principal of HARDT GROUP.
The Board has also issued the Postal Ballot Notice to members of the Company seeking their approval to:
1. Increase of authorized capital and resultant modification/ alteration in Memorandum and Articles of Association;
2. Preferential allotment of Equity Shares to Nyra Holdings Pvt Ltd, promoter and Abboro Ltd, an affiliate of Hardt Group;
3. Enabling resolutions for issue of GDR against purchase of refineries from the affiliates of Hardt Group; and
4. Appointment of Directors and Whole Time Directors.
The Board has also issued the Postal Ballot Notice to members of the Company seeking their approval to:
1. Increase of authorized capital and resultant modification/ alteration in Memorandum and Articles of Association;
2. Preferential allotment of Equity Shares to Nyra Holdings Pvt Ltd, promoter and Abboro Ltd, an affiliate of Hardt Group;
3. Enabling resolutions for issue of GDR against purchase of refineries from the affiliates of Hardt Group; and
4. Appointment of Directors and Whole Time Directors.
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