2010-09-06 18:18:00.0 | Wipro Limited | Allotment of Securities | Wipro Limited has informed the Exchange that : (1) Administrative Committee of the Board of Directors of the Company vide Circular resolution dated September 03, 2010 resolved to issue and allot 234328 equity shares of Rs. 2/- each pursuant to exercise of the stock options by the eligible employees under Restricted Stock Unit Plan 2004 and Restricted Stock Unit Plan 2005; (2) Administrative Committee of the Board of Directors of the Company vide circular resolution dated September 03, 2010 allotted 35261 equity shares of par value of Rs. 2/- to JP Morgan Chase Bank, the Company's depository as underlying shares in respect of ADRs to be issued and allocated to the purchasers, pursuant to the exercise of the stock options granted to the employees under the Company's ADS Restricted Stock Unit Plan-2004. |
2010-09-06 17:17:00.0 | Hindalco Industries Ltd | Allotment of Securities | Hindalco Industries Limited has informed the Exchange that "The Committee of Directors vide their resolution dated September 04, 2010 has allotted 20,000 equity shares of par value of Re. 1/- to the optionee as detailed in the resolution, pursuant to the exercise of the options granted to the employee under the Company's Employee Stock Option Scheme, 2006". |
2010-09-06 16:33:00.0 | Bank Of India | Updates | Bank Of India has informed the Exchange that the Board of Directors has granted in-principle approval to form a wholly owned subsidiary. The proposed company will engage in Marketing and Sales of Products, development of IT Solution and services, Support Project implementation, Training and skill development and other similar assignments. |
2010-09-06 15:17:00.0 | Glenmark Pharmaceuticals Ltd | Annual General Meeting | Glenmark Pharmaceuticals Limited has submitted to the Exchange a copy of the notice of the Annual General Meeting of the Members of the company to be held on September 27, 2010. |
2010-09-06 11:49:00.0 | Reliance Communications Limite | Press Release | Reliance Communications Limited has submitted to the Exchange a copy of media release dated September 06, 2010 being issued by the Company. |
2010-09-06 11:44:00.0 | Reliance Natural Resources Ltd | Scheme of Arrangement | Reliance Natural Resources Limited has informed the Exchange that the Equity Shareholders of the Company at their meeting held on September 4, 2010 as per the Order of the Hon'ble High Court of Judicature at Bombay, have approved the Composite Scheme of Arrangement, inter alia, between Reliance Natural Resource Limited and Reliance Power Limited under Sections 391 to 394 of the Companies Act, 1956. The votes in favour of the resolution approving the Scheme were 97.27% of the total votes cast at the meeting. Further the Company has submitted to the Exchange a copy of the media release being issued by the Company. |
2010-09-06 11:43:00.0 | Reliance Power Limited | Scheme of Arrangement | Reliance Power Limited has informed the Exchange that the Equity Shareholders of the Company at their meeting held on September 04, 2010 as per the Order of the Hon'ble High Court of Judicature at Bombay, have approved the Composite Scheme of Arrangement, inter alia, between Reliance Natural Resource Limited and Reliance Power Limited under Sections 391 to 394 of the Companies Act, 1956. The votes in favour of the resolution approving the Scheme were 99.99% of the total votes cast at the meeting. Further the Company has submitted to the Exchange copy of media release being issued by the company. |
2010-09-06 10:02:00.0 | Hindalco Industries Ltd | Allotment of Securities | Hindalco Industries Limited has informed the Exchange that the ESOS Compensation Committee of the Board of Directors of the Company has on September 03, 2010 approved grant of 572160 Stock Options to the Employees of the Company under the "Employee Stock Option Scheme - 2006" (ESOS-2006), each option being convertible into One Equity Share of Re. 1/- each of the Company upon vesting, at a price of Rs. 118.35 per share. Subject to the Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999 and the terms of the ESOS-2006, the options will vest in 4 equal annual installments after one year of the grant and shall be exercisable within a period of 5 years from the date of vesting. Further 424425 options granted earlier are also cancelled due to resignation of some of the employees as per the provisions of ESOS-2006. |
2010-09-06 08:42:00.0 | Indiabulls Financial Servi Ltd | Credit Rating | Indiabulls Financial Services Limited has informed the Exchange that : "CRISIL has upgraded our rating to "AA/Stable" (pronounced "Double A rating with stable outlook") from its earlier assigned rating "AA-/Positive" (pronounced "Double A minus rating with positive outlook") to the Company's Long Term Debt Programme (including NCDs and Bank Borrowings). The company already has been assigned the following ratings : (1) "LAA" (pronounced L Double A) ICRA (An Associate of Moody's Investors Service) to the company's Non Convertible Debentures programme. (2) 'CARE AA' (Double A) by CARE to the company's long term debt programme (including NCD and bank borrowings)". |
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