Sensex

Thursday, May 05, 2011

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

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

Tata Capital Ltd: Fixes Record Date for Payment of Interest

Tata Capital Ltd has informed BSE that May 17, 2011 has been fixed as the Record Date for the purpose of payment of interest of NCD's.Read More

Indraprastha Medical Corporation Ltd: Board to consider Dividend

Indraprastha Medical Corporation Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 12, 2011, inter alia, to consider and approve, the audited financial results for the quarter / year ended March 31, 2011, and to consider and recommend dividend on equity shares of the Company for the financial year 2010-11.

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

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

Mid-day Multimedia Ltd: Financial Results for Mar 31, 2011

Mid-day Multimedia Ltd has informed BSE about the Financial Results for the period ended March 31, 2011.Read More

Eastern Sugar & Industries Ltd: Board Meeting on May 14, 2011

Eastern Sugar & Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 14, 2011, inter alia, to consider the following:

1. To consider and approve the Un Audited Financial Results of the Company for the quarter ended March 31, 2011.

2. To Consider conversion of Convertible Preference Shares into equity shares.

3. To Consider raising funds by way of Preferential Allotment such securities as may be consider by the Board.

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

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

Godrej Consumer Products Ltd: Exercise of Options

Godrej Consumer Products Ltd has informed BSE that in terms of the special resolutions passed by the shareholders on March 14, 2007 and April 24, 2008 an independent trust viz. Godrej Consumer Products Ltd ESOP Trust was empowered to acquire by means of subscription or secondary market purchase, the shares of GCPL to be allotted as options to the eligible employees of the Company and its subsidiaries.

Further the Company has informed that, 46,500 options equivalent of 46,500 equity shares of Re. 1/- each of Godrej Consumer Products Ltd. (GCPL) have been exercised by option grantee(s) during the period May 03, 2011. to May 05, 2011. After the above exercise, a total of 15,48,000 options equivalent of 15,48,000 equity shares have been exercised till now.

Further, there is no change in the issued, subscribed or paid-up capital of GCPL on account of the exercise of the aforesaid options.

Surya Roshni Ltd: Board recommends Dividend

Surya Roshni Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 05, 2011, inter alia, has recommend the dividend @ Rs. 1.50 per share on the paid-up Equity Share Capital of the Company for the year 2010-2011.

Yashraj Containeurs Ltd: Outcome of Board Meeting

Yashraj Containeurs Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 30, 2011, has considered and approved the Budget for the year 2011-12.

Jalpac India Ltd: Board Meeting on May 07, 2011

Jalpac India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 07, 2011, to take review the operation and current status with BIFR and banks.

Vulcan Engineers Ltd: Financial Results for Mar 31, 2011

Vulcan Engineers Ltd has informed about the Financial Results for the period ended March 31, 2011.Read More

Sumeet Industries Ltd: Disclosures under Reg. 7(1) of SEBI (SAST) Regulations, 1997

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

VSF Projects Ltd: Board Meeting on May 14, 2011

VSF Projects Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 14, 2011, inter alia, to transact the following business:

1. To take on record the unaudited 4th quarter financial results for the quarter ended on March 31, 2011.

2. To review the business operations etc.,

Gujarat Ambuja Exports Ltd: Publish Audited Results

Gujarat Ambuja Exports Ltd has informed BSE that the meetings of the Audit Committee and the Board of Directors of the Company will be held in the month of May, 2011 to approve Annual Audited Standalone & Consolidated Financial results of the Company for the Financial year 2010-11 i.e. within a period of 60 days of the financial year ending on March 31, 2011 in lieu of un financial results of the Company for the last Quarter ending on March 31, 2011.

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

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

First Leasing Company of India Ltd: Financial Results for Mar 31, 2011

First Leasing Company of India Ltd has informed BSE about the Financial Results for the period ended March 31, 2011.Read More

Universal Starch Chem Allied Ltd: Sale of shares

Universal Starch Chem Allied Ltd has informed BSE that Shri Rajendrasingh J. Girase- Kirti Corporation has sold 10,000 (Ten Thousand only) equity shares representing 0.24% on April 27, 2011. At present his existing shareholding in the Company offer this sale is 33600 i.e. 0.80% (Thirty Three Thousand six hundred only) equity shares.

Reliance Broadcast Network Ltd: Change in Financial Year

Reliance Broadcast Network Ltd has informed BSE that the Board of Directors of the Company has decided to close its books of account as on March 31, 2011 and accordingly to restrict the current financial year which commenced on October 01, 2010 to a period of six months ended March 31, 2011.

Further the Company has informed that, the Company shall be submitting the audited financial results for the Accounting Period i.e. October 01, 2010 to March 31, 2011 within the stipulated period of sixty days from the end of the financial year i.e. on or before May 30, 2011 and therefore, will not be publishing the unaudited Financial Results for the quarter ended March 31, 2011.

First Leasing Company of India Ltd: Board recommends Dividend

First Leasing Company of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 05, 2011, inter alia, have recommended a dividend of Rs. 2.00 per share of Rs. 10 each (20%) on the Equity Shares for the year ended March 31, 2011, subject to approval of the shareholders at the ensuing Annual General Meeting.

Era Financial Services India Ltd: Publish Audited Results

Era Financial Services India Ltd has informed BSE that the Company will publish its Audited Annual Financial Results for the financial year ended on March 31, 2011 with in a period of 60 days from the closure of said financial year. In view of this, Company will not be publishing the Unaudited Quarterly Results of the last quarter ended March 31, 2011.

Windsor Machines Ltd: Publish Audited Results

Windsor Machines Ltd has informed BSE that the Company will publish Audited Results within a period of 60 days of end of the financial year March 31, 2011.

In the circumstances, the unaudited results for the quarter ended 31st March, 2011 will not be published / on or before May 14, 2011.

Dish TV India Ltd: Publish Audited Results

Dish TV India Ltd has informed BSE that the Company has opted to submit Annual Audited Financial Results within a period of sixty days of the end of the financial year 2010-11 in place of submitting the un-audited financial results for the quarter ending March 31, 2011.

KCP Ltd: Board to consider Final Dividend

KCP Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 27, 2011, inter alia, to consider and approve the Audited Financial Results of the Company for the year ended March 31, 2011 and recommend final dividend, if any, for the financial year 2010-2011.

Jyoti Ltd: Outcome of Board Meeting

Jyoti Ltd has informed BSE that :

"Karnataka Neeravari Nigam Ltd. (KNNL) had earlier awarded a Contract for upper Bhadra Lift Irrigation Scheme, Karnataka, to the Joint Venture of RNS Infrastructure Ltd. (RNS) and Jyoti Ltd. The total amount of the Contract was Rs. 1032 Crores, out of which the order value of Jyoti was Rs. 424 Crores.

There were some differences between the JV Partners and the Company with regard to the execution of the KNNL Project. Since the Company has not taken any exposure with regard to execution of this project, the parties have agreed to settle the matter on the following lines:

1. Jyoti's portion of work under the JV Agreement will be assigned to any other party by the lead partner RNS.

2. The lead partner RNS has agreed to pay a sum of Rs. 18 Crores to Jyoti Ltd. in the following manner:

(i) A sum of Rs. 9 Crores has been paid by RNS by post dated quarterly cheques over a period of 24 months.
(The Company has already received Rs. 90 lacs (after deduction of tax at source Rs. 10 lacs) from RNS against the first post-dated cheque).

(ii) The balance Rs. 9 Crores will be paid from realization @ 1% of the Gross Running Bills to be submitted by RNS to KNNL.

3. The Company expects to have the entire cash inflow of Rs. 18 Crores over a period of 3-4 years.

Diversion of this order is not likely to have any major impact on the top-line of the Company in next three years as the Company has otherwise also sufficient orders on hand and expects regular order inflow. The pending order position as on date is about Rs. 700 crores.

In view of the above, it is felt that the settlement at Rs. 18 Crores without executing the order, is reasonable and would be more beneficial to the Company as compared to execution of the same and waiting for the realization of profits and blocking of money in working capital.

This settlement was placed before the Board of Directors of the Company in its meeting held on May 05, 2011 and the Board took note of the same."Read More

Jord Engineers India Ltd: Updates on Open Offer

Intensive Fiscal Services Pvt Ltd ("Manager to the Offer"), on behalf of 3A Capital Services Ltd ("Acquirer") has informed this Announcement to the equity shareholders of Jord Engineers India Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the Public Announcement ("PA") dated September 27, 2010.

Revised Schedule of Activities:

------------------------------------------------------------------------------------------
ActivityOriginal ScheduleRevised Schedule
------------------------------------------------------------------------------------------
Specified Date October 25, 2010 October 25, 2010
Date of Opening of the OfferNovember 18, 2010May 04, 2011
Date of Closing of the OfferDecember 07, 2010May 23, 2011
------------------------------------------------------------------------------------------

IMP Powers Ltd: Financial Results for Mar 31, 2011

IMP Powers Ltd has informed BSE about the Financial Results for the period ended March 31, 2011.Read More

Kuwer Industries Ltd: Outcome of Board Meeting

Kuwer Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 28, 2011, inter alia, has considered the following businesses:

1. Board will, inter alia, appraised the business recorded by the Company in the previous quarter and has considered the steps taken by the Company toward promotion of business activities.

2. Board has also reviewed the overall operation and management of the Company.

Sarla Performance Fibers Ltd: Board to consider Dividend

Sarla Performance Fibers Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 10, 2011, inter alia, to approve Audited annual Accounts of the Company for the year ended March 31, 2011 & to recommend Payment of Dividend if any and to consider and take record the Audited Financial results of the Company for the year ended March 31, 2011.

Ajanta Pharma Ltd: Scheme for Equity Shares under ESOS

Ajanta Pharma Ltd has informed BSE that the Board of Directors has approved the Employee Stock Option Scheme for 1,80,000 equity shares, 1.5% of the current equity subject to the approval of the shareholders in the ensuing Annual General Meeting to be held on July 08, 2011.

Gujarat Ambuja Exports Ltd: Board to consider Dividend

Gujarat Ambuja Exports Ltd has informed BSE that meetings of Remuneration Committee, Audit Committee and Board of Directors scheduled on May 27, 2011.Read More

Sumeet Industries Ltd: Disclosures under Reg. 7(1) of SEBI (SAST) Regulations, 1997

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

Vakrangee Softwares Ltd: Allotment of Equity Shares upon conversion of Options issued under ESOP Scheme

Vakrangee Softwares Ltd has informed BSE that the Remuneration and Compensation Committee at its meeting held on April 29, 2011 has allotted 10,248 numbers of Equity Shares having Face Value of Rs. 10/- each to the employees of the Company (the Allottees) as per the 'Vakrangee Softwares Limited ESOP Scheme 2008'.

Post allotment of 10,248 shares of face value of Rs. 10/- each, the Company's issued and paid-up share capital is at 24941761 Equity Shares of face value of Rs. 10/- each amounting to Rs. 24,94,17,610/-.

Surya Roshni Ltd: Financial Results for Mar 31, 2011

Surya Roshni Ltd has informed BSE about the Financial Results for the period ended March 31, 2011.Read More

Fertilizers and Chemicals Travancore Ltd: Financial Results for Mar 31, 2011

Fertilizers and Chemicals Travancore Ltd has informed BSE about the Financial Results for the period ended March 31, 2011.Read More

Adarsh Plant Protect Ltd: Delisting of Equity Shares from ASE

Adarsh Plant Protect Ltd has informed BSE that the Company is in receipt of approval for delisting of Equity Shares of the Company from Ahmedabad Stock Exchange Ltd (ASE).

D. B. Corp Ltd: Board to consider Dividend

D. B. Corp Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 18, 2011, inter alia, to consider and take on record the Audited Financial Results of the Company for the Quarter and Financial Year ended on March 31, 2011 and to consider and recommend final dividend for the Financial Year ended on March 31, 2011.

National Steel and Agro Industries Ltd: Publish Audited Results

National Steel and Agro Industries Ltd has informed BSE that the Company will publish Audited Financial Results instead of Un-audited Financial Results for the last quarter ended March 31, 2011.

Further, a meeting of the Board of Directors of the Company for the aforesaid matter will be held within a period of 60 days from the end of the last quarter i.e. upto May 30, 2011 and Audited Financial Results for the last quarter as well as for the entire year will be published.

Bank of India: Change of Interest Rates

Bank of India has informed BSE that the Bank has decided to increase its Base Rate from the exiting 9.50% to 10% p.a. and Benchmark Prime Lending Rate (BPLR) from existing 13.75% p.a. to 14.25% p.a. with effect from May 06, 2011.

Modison Metals Ltd: Board to consider Dividend

Modison Metals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 30, 2011, inter alia, for considering the following:

1. To consider and approve the audited statement of Accounts for the year ended March 31, 2011 and the Report of the Auditors and Directors thereon including Corporate Governance Report.

2. To declare dividend for the Financial Year 2010-11 subject to approval of the Members in ensuing Annual General Meeting of the Company.

3. To approve the Notice of Annual General Meeting of the Company.

Indian Bank: Raising of Equity Share Capital

Indian Bank has informed BSE that the Bank has received the approval of Government of India to raise an additional Equity Capital of Rs. 61.40 crore through book-building process by its Follow-on Public Offer, comprising 6.14 crore Equity Shares of Rs. 10/- each at a premium to be decided by the Bank.

Intrasoft Technologies Ltd: Results Press Release

Intrasoft Technologies Ltd has informed BSE regarding a Press Release dated May 05, 2011 titled "Intrasoft Technologies Limited Reports 47% Income Growth in FY 11".Read More

Surya Roshni Ltd: Outcome of Board Meeting

Surya Roshni Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 05, 2011, has approved the following:

- Mr. Arvind Kumar Bansal, Dy.Managing Director (Operation & Corporate Management) has been appointed as Chief Financial Officer of the Company in place of Mr. S. N. Bansal, Dy. Management Director (Finance & Corporate Management).

Mid-day Multimedia Ltd: Outcome of Board Meeting

Mid-day Multimedia Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 05, 2011, inter alia, has transacted the following:

1. Mr. Tarique Ansari who is presently Managing Director of the Company has been elected as the Chairman of the Company.

2. Ms. Monisha Shah has been appointed as an Additional Director on the Board of the Company.

3. The Directors did not recommend any dividend.

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

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

Madhur Capital & Finance Ltd: Disclosure of Pledged Shares

Madhur Capital & Finance Ltd has informed BSE that the promoters and / or promoters group have not pledged any of the shares held by them in the company as on March 31, 2011.

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

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

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

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

Jyothy Laboratories Ltd: Outcome of Board Meeting - Acquisition of shares of Henkel India Limited and other matters

Jyothy Laboratories Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 05, 2011, have approved the following:

1. The Company proposes to acquire from Henkel AG & Co. KGaA, 59,360,203 equity shares, constituting 50.97%, of Henkel India Limited and, subject to receipt of regulatory approvals, redeemable cumulative preference shares of Henkel India Limited. The aggregate consideration payable for (i) the equity shares is Rs. 1,187 million which equates to Rs. 20 per equity share; and (ii) the preference shares is Rs. 439 million. In addition, the Company also proposes to refinance the existing debt at the time of closing. The aggregate debt owed by Henkel India Limited to its lenders is approximately Rs. 4,539 million. It may be noted that the equity consideration is subject to certain closing adjustments based on the debt and cash position in Henkel India Limited on closing.

As a consequence of the above transaction, the Company will make an open offer to the public shareholders of Henkel India Limited for 20% of the voting rights of Henkel India in accordance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 ("SEBI Takeover Regulations"). MAPE Advisory Group Pvt. Ltd. has been appointed as the Merchant Banker. The price per equity share of Henkel India Limited payable under the open offer shall be determined in accordance with the provisions of the SEBI Takeover Regulations.

Further, the Company and Henkel AG & Co. KGaA have agreed that Henkel AG & Co. KGaA shall have an option to acquire up to 26% of the equity share capital of the Company, either through primary and/or secondary transactions, after a period of 5 (five) years, subject to the terms and conditions to be mutually agreed upon between the Company and the Seller at the time and also subject to obtaining approval of shareholders and such statutory and Governmental approval as may be necessary and relevant at that time.

Jyothy Laboratories Ltd: Jyothy Laboratories Ltd. to acquire majority stake in Henkel India Limited

Jyothy Laboratories Ltd has informed BSE regarding a Press Release dated May 05, 2011 titled "Jyothy Laboratories Ltd. to acquire majority stake in Henkel India Limited"Read More