2010-09-22 15:15:00.0 | Kotak Mahindra Bank Limited | Allotment of Securities | Kotak Mahindra Bank Limited has informed the Exchange that the ESOP Allotment Committee of the Bank at its Meeting held on September 22, 2010 has allotted 3,82,040 equity shares of Rs.5/- each, pursuant to exercise of Employee Stock Options under the following series : (1) ESOP Scheme Series 2005/05 : 2,84,000 equity shares. (2) ESOP Scheme Series 2007/07 : 60,000 equity shares.(3) ESOP Scheme Series 2007/12 (2nd Tranche) : 17,540 equity shares. (4) ESOP Scheme Series 2007/17 (1st Tranche) : 9,000 equity shares.(5) ESOP Scheme Series 2007/18 (1st Tranche) : 1,500 equity shares.(6) ESOP Scheme Series 2007/19 : 10,000 equity shares. |
2010-09-22 15:04:00.0 | Prime Focus Limited | Annual General Meeting | Prime Focus Limited has submitted to the Exchange a copy of the Notice of the Annual General Meeting of the company to be held on September 30, 2010. |
2010-09-22 14:12:00.0 | Gujarat Industries Power Co Lt | Change in Auditors | Gujarat Industries Power Company Limited has informed the Exchange that Shareholders at the Annual General Meeting held on September 18, 2010 have appointed M/s VCA & Associates, Chartered Accountants - Vadodara as Statutory Auditors of the Company in place of retiring auditor M/s K C Mehta & Co., Chartered Accountants, Vadodara. This change is made in the light of good governance practices adopted by the Company. |
2010-09-22 13:13:00.0 | Crisil Ltd | Press Release | Crisil Limited has informed the Exchange regarding a press release dated September 22, 2010, titled "CRISIL to buy Pipal Research". |
2010-09-22 11:46:00.0 | Ansal Properties & Infrastructure Limited | Date of payment of dividend | Ansal Properties & Infrastructure Limited has informed the Exchange that the dividend @ 10% (i.e. Rs. 0.50 per Equity Share) on the paid up Equity Share Capital, as recommended by the Board of Directors, will be payable from October 20, 2010, if declared by the Members at the Annual General Meeting to be held on September 29, 2010. |
2010-09-22 11:43:00.0 | Religare Enterprises Limited | Press Release | Religare Enterprises Limited has informed the Exchange regarding a press release dated September 22, 2010, titled "Religare MF declares dividend of Rs.2.70 per unit under Religare Mid Cap Fund". |
2010-09-22 11:16:00.0 | Elder Pharmaceuticals Ltd | Qualified Institutional Placement | Elder Pharmaceuticals Limited has informed the Exchange that the QIP Issue of the Company closed on September 21, 2010. The QIP Committee of the Company met on September 22, 2010 for noting the applications received by the Company/Book Running Lead Manager, viz. Karvy Investor Services Pvt. Ltd. Further, the Company has submitted to the Exchange a copy of resolution passed by the QIP Committee on September 22, 2010. |
2010-09-22 10:57:00.0 | Moser Baer India Limited | Press Release | Moser-Baer (I) Limited has informed the Exchange regarding a press release dated September 22, 2010, titled "Moser Baer Trust powers Digital Literacy Centre at Surajpur in Greater Noida". |
2010-09-22 10:53:00.0 | Jain Irrigation Systems Limite | Address Change | Jain Irrigation Systems Limited has informed the Exchange that the Company's Mumbai office has shifted at the following address : "Jain Irrigation Systems Ltd., 7th Kumtha Street, Opp. to Hotel Windsor, Ballard Estate, Mumbai-400005". |
2010-09-22 10:47:00.0 | Mic Electronics Limited | Press Release | Mic Electronics Limited has informed the Exchange regarding the press release dated September 21, 2010 titled "MIC's cutting edge LED Display technology at Nautanki Mahal, Kingdom of Dreams, Gurgoan". |
2010-09-22 10:44:00.0 | Petronet Lng Ltd | Appointment of Director | Petronet Lng Limited has informed the Exchange that Mr. S. Radhakrishnan has been appointed as Nominee Director of Bharat Petroleum Corporation Limited (BPCL) w.e.f. August 31, 2010 on the Board of the Company. |
2010-09-22 10:11:00.0 | Adhunik Metaliks Limited | Minutes of Annual General Meeting | Adhunik Metaliks Limited has submitted to the Exchange a copy of Minutes of the Annual General Meeting of the Company held on September 10, 2010. |
2010-09-22 09:47:00.0 | Shree Renuka Sugars Limited | Record Date | Shree Renuka Sugars Limited has informed the Exchange that the company has fixed October 06, 2010 as the Record Date for the purpose of payment of Interim Dividend, if declared at the meeting of the Board of Directors of the company to be held on September 28, 2010. |
2010-09-22 09:23:00.0 | Himachal Futuristic Communicat | Amalgamation / Merger | Himachal Futuristic Communications Limited had informed the Exchange that the Board of Directors of the Company has given its in-principle approval to evaluate the proposal of amalgamation of Sunvision Engineering Company Pvt Limited ("Sunvision") into Himachal Futuristic Communications Limited ("the Company"). The Company has now informed that, Amalgamation: Subsequently, Amalgamation Committee of Directors had given its recommendations to the Board of Directors of the Company to amalgamate Sunvision into the Company. The Board of Directors at their Meeting held on September 21, 2010 has given its approval for Amalgamation of Sunvision into the Company with the Appointed date as January 01, 2010, subject to the requisite approval of Shareholders, Creditors, High court and all other concerned authorities. The proposed amalgamation would be beneficial to the Company as well as to all the stakeholders of the Company. The Composite Scheme of Arrangement and Amalgamation is presented with a view to achieve restructuring of the Company, which would result in increase in the networth of the Company and improvement in financial health of the Company. The Board considered the Share Exchange Ratio recommended by M/s Ernst & Young (P) Ltd, Mumbai and M/s Pravin P. Shah & Company, Chartered Accountants, Mumbai and the fairness opinion issued by M/s SMC Capitals Ltd, New Delhi, a Merchant Banker registered with the Securities and Exchange Board of India. Based on the recommendation of the said Valuers and opinion of the Merchant Banker, the Board of Directors, has approved the Share Exchange Ratio as stated herein after. Reduction & Reconstruction: Further, based on the recommendation of the Amalgamation Committee of Directors, the Board of the Company has also given its approval to reduce the paid up equity share capital from Rs. 10/- paid up per share to Re. 1/- paid up per share, subject to the requisite approval of Shareholders, Creditors, High court and all other concerned authorities.Accordingly, the existing paid up equity share capital of the Company shall be reduced from Rs. 462,79,36,970/- divided into 46,27,93,697 fully paid up equity shares of Rs. 10/- each to Rs. 46,27,93,697/- divided into 46,27,93,697 fully paid up equity shares of Rs. 1/- each. The reduction of capital would be an Integral part of the Scheme. The Reduction does not involve either the diminution of any liability in respect of unpaid capital or the payment to any shareholder of any paid-up share capital. The Company is adjusting a part of the losses currently standing in its Books of Account against the paid-up equity share capital. Each shareholder would continue to hold the same number of equity shares but its paid-up value would be reduced from Rs. 10/- each to Re. 1/- each fully paid up. Such a reduction would not cause any prejudice to the creditors or shareholders of the Company, as after the reduction of the equity share capital, the networth of the company will not decrease because the debit balance in the Profit & Loss Account is being adjusted against the paid up equity share capital. Approval of the Board: Under the Scheme of Arrangement & Amalgamation, the Board of Directors of the Company have approved the Share Exchange Ratio as 1:47. Accordingly, the equity shareholders of Sunvision will receive 47 (forty seven) fully paid up equity shares of the face value of Re. 1/- each of the Company for every 1 (one) fully paid up equity shares of Rs. 10/- each of Sunvision held by them on the record date to be fixed by the Company. As regarding the issue of equity shares to Optionally Convertible Debenture holders of Sunvision, 47 (forty seven) equity shares of Rs. 1/- each fully paid up will be received by them for every 1 (one) equity share of the face value of Rs. 10/- each of Sunvision held by them on the record date, if the Optionally Convertible Debentures are converted into the equity shares of Sunvision. |
2010-09-22 09:11:00.0 | Gujarat State Petronet Ltd. | Outcome of Annual General Meeting | Gujarat State Petronet Limited has informed the Exchange regarding the outcome of Annual General Meeting held on September 21, 2010. |
2010-09-22 08:59:00.0 | Religare Enterprises Limited | Issue of Securities | Religare Enterprises Limited has informed the Exchange that equity shareholders of the Company in their Extra Ordinary General Meeting held on September 20, 2010 have approved the issue of following securities to RHC Finance Private Limited : (1) Issue of 5,617,977 fully paid-up equity shares of Rs. 10/- each ("Equity Shares") of the Company for cash at a price of Rs. 445/- per Equity Share including a premium of Rs.435/- per Equity Share calculated in accordance with Regulation 76 (1) of Chapter Vll of ICDR Regulations for an aggregate amount of Rs. 250 Crores (Rupees Two Hundred and Fifty Crores); (2) Issue of 5,617,977 warrants ("Warrants") with entitlement to subscribe to equivalent number of fully paid up Equity Shares of Rs. 10/- each of the Company for cash at a price of Rs. 445/- per Equity Share including a premium of Rs. 435/- per Equity Share calculated in accordance with Regulation 76 (1) of Chapter Vll of ICDR Regulations for an aggregate amount of Rs. 250 Crores (Rupees Two Hundred and Fifty Crores). |
2010-09-22 08:38:00.0 | Sun Pharmaceutical Indust Ltd | Press Release | Sun Pharmaceuticals Industries Limited has informed the Exchange regarding a press release dated September 21, 2010, titled "Sun Pharma Acquires Controlling Stake in Taro". |
2010-09-22 00:59:00.0 | Kesoram Industries Ltd | Updates | Kesoram Industries Limited has informed the Exchange vide its letter dated September 22, 2010 regarding "Suspension of Production at Green field project at Uttarakhand". |
2010-09-22 00:53:00.0 | Gujarat Industries Power Co Lt | Updates | Gujarat Industries Power Company Limited has informed the Exchange vide its letted dated September 22, 2010 regarding stoppage of Unit 3 of 125 MW at Surat Lignite Power Project. |
2010-09-22 00:44:00.0 | Zee Entertainment Enter. Ltd. | Scheme of Arrangement | Zee Entertainment Enterprises Limited had informed the Exchange that the Hon'ble Bombay High Court has vide its Order passed on September 9, 2010, approved the Scheme of Arrangement between the Company, 9X Media Private Limited (formerly known as INX Media Private Limited) and their respective Shareholders, for demerger of 9X Channel Business Undertaking of 9X Media Pvt Ltd and transfer/vesting of the said undertaking in favor of the Company with effect from the closing hours of business on March 31, 2010 (Appointed Date). The Company has now informed the Exchange that the aforesaid Scheme of Arrangement has become effective on September 22, 2010, upon filing of the said order of Hon'ble Bombay High Court with the Registrar of Companies, Maharashtra, Mumbai. |
2010-09-22 00:36:00.0 | Tv Today Network Limited | Proceedings of Annual General Meeting | Tv Today Network Limited has submitted to the Exchange a copy of proceedings of Annual General Meeting of the Company held on August 26, 2010. |
2010-09-22 00:17:00.0 | Fortis Healthcare Limited | Proceedings of Annual General Meeting | Fortis Healthcare Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on September 18, 2010. |
2010-09-22 00:04:00.0 | Redington (India) Limited | Updates | Redington (India) Limited has informed the Exchange that:"As part of the Company's strategy to explore opportunities in new markets, Redington International Holdings Limited, one of the overseas subsidiaries of the Company has signed a share purchase agreement with the existing promoters of M/s. ARENA BILGISAVAR SANAYI VE TICARET ANONIM SIRKETI ('Arena'), to acquire 49.4% stake in that Company for a value of US Dollar 42.484 Million (approximately Rs. 194 Crore at the current exchange rate). Arena is a leading distributor of Information Technology products in Turkey with a turnover of USD 451 Million for last financial year and is listed in the Istanbul Stock Exchange. The acquisition transaction will get consummated on satisfaction of all the conditions including but not limited to all legal permits that are required. We are hopeful that this acquisition will enhance the Company's overseas business and will be value accretive for the Company's shareholders". |
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