| 2010-03-29 10:30:00.0 | Bajaj Holdings & Investment Limited | Allotment of Equity Shares | Bajaj Holdings & Investment Limited has informed the Exchange that "The Company had, pursuant to board and shareholders' approvals and other statutory and regulatory approvals, issued and allotted 10,110,000 preferential warrants to its promoters on 28 July 2009 at an issue price of Rs.449.58 per equity share. 25% of the issue price was paid on allotment of warrants in July 2009. Out of 10,110,000 warrants, promoters have applied for conversion of 4,859,000 warrants into equity shares and have paid balance 75% i.e. Rs.337.185 per equity share aggregating Rs.163.84 Crores. The Shares Allotment Committee at its meeting held on 27 March 2010 has made the allotment of 4,859,000 equity shares of Rs. 10/- each to the Promoters. Post allotment, the paid up capital of the Company has increased from Rs.1,011,835,100 to Rs.1,060,425,100/-". |
| 2010-03-29 10:20:00.0 | Gvk Power & Infrastructure Ltd | Acquisition | Gvk Power & Infrastructure Limited has informed the Exchange that "The Company, after completing all the required formalities with the concerned, has acquired 6,25,75,082 (9.50%) equity shares of Rs.10/- each in GVK Gautami Power Limited, a Subsidiary of the Company from Nagarjuna Constructions Company Limited. As a results of this acquisition, the equity holding of the Company in GVK Gautami Power Limited has been increased to 63.60%". |
| 2010-03-29 10:10:00.0 | Nagarjuna Construction Co Ltd | Press Release | Nagarjuna Construction Co. Ltd has informed the Exchange regarding a press release dated March 29, 2010, regarding "Nagarjuna Construction Company Limited has secured new orders aggregating Rs.971 crores". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). |
| 2010-03-29 09:03:00.0 | Punj Lloyd Limited | Share Purchase Agreement | Punj Lloyd Limited has informed the Exchange that "Punj Lloyd Limited (the "Company") has executed a share purchase Agreement dated March 27, 2010 with SKIL infrastructure Limited ("SKIL") and SKIL Shipyard Holding Private Limited ("SKIL Shipyard", and such agreement, the "Agreement") pursuant to which the Company has agreed to sell an aggregate of 129,360,538 equity shares of Rs.10 each of Pipavav Shipyard Limited ("PSL" and such equity shares, the "Sale Shares"), representing 19.43% of the issued share capital of PSL on the date of the Agreement, to SKIL and SKIL Shipyard in two tranches, for an aggregate consideration of Rs.6,564,644,312. SKIL and SKIL Shipyard are "joint acquirers" in terms of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 1997 (the "Takeover Code"). The Sale Shares shall be placed in an escrow account until the completion of any open or public offer that SKIL and SKIL Shipyard may be required to undertake in accordance with the provisions of the Take over Code. The sale of the Sale Shares is also subject to the satisfaction of certain conditions precedent. |
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