| 2011-03-11 20:32:00.0 | Patel Engineering Limited | Updates | Patel Engineering Limited has informed the Exchange that "The Company had bid for Dhankuni Kharagpur project with National Highways Authority of India (NHAI) on Jan 10, 2011. On opening of the bids the Company was declared the lowest bidder. However, after opening of the bid, the Company realized that there was an inadvertent error during the estimation of the bid. The Company brought this to the attention of NHAI and formally requested for the withdrawal of its bid. Subsequently, the Dhankuni Kharagpur project was reopened within 5 days for bidding. The article appearing in Financial Chronicle dated March 09, 2011 states that NHAI has banned the Company for five years for reneging on the awarded contract. Further the Company has informed that, the said news is incorrect. As a matter of fact, subsequent to the abovementioned instance the Company has submitted the following bids with NHAI: (1) Krishnagiri Tindivaram - BOT (annuity) on February 22, 2011 (2) Barwadda - Pannaagarh on March 08, 2011. Both the bids have been opened, which in itself is a clear indication that the Company has not been banned from participating in NHAI projects". |
| 2011-03-11 20:07:00.0 | Sun Tv Network Limited | Updates | Sun Tv Network Limited has informed the Exchange that Mr. K. Vijay Kumar, Senior Vice President, who has been with Sun TV since 1993, has been elevated as the Chief Operating Officer with effect from March 11, 2011, consequent to Mr. Ajay Vidyasagar, Chief Operating Officer resigning from the Company. |
| 2011-03-11 19:48:00.0 | S Kumars Nationwide Ltd | FCCBs | S. Kumars Nationwide Limited has informed the Exchange that the Committee of Directors of the Board of the Company has approved in their meeting held on March 11, 2011 to convert US$ 9 Million FCCBs into 70,95,789 Nos. of Equity Shares of Rs. 10/- each at a premium of Rs. 47/- per share. The said shares were allotted to 'Daiwa Capital Markets Singapore Limited'. |
| 2011-03-11 16:37:00.0 | Heg Limited | Outcome of Extra-ordinary General Meeting | Heg Limited has submitted to the Exchange the proceedings of the Extra-Ordinary General Meeting held on March 11, 2011. |
| 2011-03-11 16:20:00.0 | Dr. Reddy's Laboratories Ltd | Allotment of Securities | Dr. Reddy'S Laboratories Limited has informed the Exchange that pursuant to Dr. Reddy's Employees Stock Option Scheme, 2002, the Nomination, Governance & Compensation Committee of the Board of Directors of the Company has allotted 18,985 equity shares of Rs. 5/- each of the Company, fully paid up, on March 11, 2011, to Employees on exercise of their Stock Options. |
| 2011-03-11 16:03:00.0 | Cairn India Ltd | Press Release | Cairn India Limited has informed the Exchange regarding a press release dated March 11, 2011, titled "Cairn Lanka to set up school libraries in Sri Lanka." |
| 2011-03-11 15:46:00.0 | United Breweries Ltd | Allotment of Securities | United Breweries Limited has informed the Exchange that pursuant upon Amalgamation of Associated Breweries and Distilleries Limited (ABDL), Millennium Alcobev Private Limited (MAPL) and Empee Breweries Limited (EBL) into United Breweries Limited (UBL) as per the Scheme of Amalgamation (Scheme) sanctioned by the Hon'ble High Courts of Karnataka and Madras, the Committee of Directors have at its meeting held on March 11, 2011 approved allotment of 14,496,683 equity shares of Re.1/- each of UBL to the eligible shareholders of MAPL & EBL in terms of the Scheme. |
| 2011-03-11 14:43:00.0 | City Union Bank Ltd | Updates | City Union Bank Limited has informed the Exchange that the Bank has opened the following Branches: (1) Name of the Branch: Rohini (New Delhi) ; Date of Opening: March 06, 2011. (2) Name of the Branch: Jalandhar (Punjab) ; Date of Opening: March 07, 2011. |
| 2011-03-11 14:28:00.0 | Indusind Bank Limited | Press Release | Indusind Bank Limited has informed the Exchange regarding a press release dated March 09, 2011, titled "IndusInd Bank bags the IBA award for 'Best use of technology in E-learning - 2010". |
| 2011-03-11 14:17:00.0 | United Spirits Limited | Updates | United Spirits Limited has informed the Exchange that Chennai Breweries Private Limited, a wholly owned Subsidiary of the Company, at their meeting held on March 11, 2011 has considered and approved the amalgamation of Chennai Breweries Private Limited (CBPL) into United Breweries Limited (UBL). The share exchange ratios were recommended by two independent valuation experts viz., Grant Thornton and SSPA & Co. As consideration for the amalgmation, shareholders of CBPL will receive 17 (Seventeen) fully paid equity shares of UBL of Re.1 (Rupee One) each for every 30 (Thirty) fully paid equity shares of CBPL of Rs.10 (Rupees Ten) each. |
| 2011-03-11 13:40:00.0 | United Breweries Ltd | Amalgamation / Merger | United Breweries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on March 11, 2011, have considered and approved the amalgamation of Chennai Breweries Private Limited (CBPL) into United Breweries Limited (UBL).Share Exchange Ratio: The share exchange ratios were recommended by two independent valuation experts i.e., Grant Thornton and SSPA & Co. Ambit Corporate Finance Private Limited shall be providing fairness opinions on the swap-ratios recommended by the independent valuation experts. As consideration for Amalgamation, UBL will issue shares to the shareholders of CBPL in the following ratio: 17 (Seventeen) fully paid equity share of UBL of Re 1 (Rupee One) each for every 30 (Thirty) fully paid equity shares of CBPL of Rs.10 (Rupees Ten) each. |
| 2011-03-11 13:28:00.0 | Abb Limited | Acquisition | Abb Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on March 11, 2011 has approved a proposal of acquisition of operating businesses of the wholly owned Indian subsidiary of the ABB Group, Zurich, viz., ABB Global Industries and Services Limited (ABBGISL) for a consideration of Rs. 4000 million, as a slump sale on a going concern basis. This acquisition of operating business of ABBGISL ABB Limited has been made to have business synergies. The businesses which are proposed to be acquired are (a) Transformer Insulation - Boards and Components, (b) LV Breakers & Switches and (c) Vacuum Interrupters, which all together is expected to generate additional revenue of approximately Rs. 2500 million on a full year basis. The effective date of the acquisition is fixed as April 01, 2011. |
| 2011-03-11 10:51:00.0 | Polaris Software Lab Ltd | Allotment of Securities | Polaris Software Lab Limited has informed the Exchange that the Shareholder's Committee of the Board of Directors of the Company vide Circular Resolution dated March 09, 2011 allotted 2000 equity shares to a Director of the Company under the Associate Stock Option Plan 2003. |
| 2011-03-11 10:30:00.0 | Tata Investment Corporation Lt | Record Date | Tata Investment Corporation Limited has informed the Exchange that the Company had made a Rights Issue in 2008 wherein the Company had issued Zero Coupon Convertible Bonds along with detachable warrants to the then existing shareholders of the Company. As per the terms of the issue, the warrant holders have an option to subscribe to Equity Shares on payment of Rs. 400/- per share during the exercise period that commences from April 1, 2011 to April 30, 2011. Accordingly, the Company is required to give an offer to the existing warrant holders to exercise their right to convert the warrants into Equity Shares. The Company has fixed March 23, 2011 as the Record Date in order to give the warrant holders, the option to exercise their right to convert the warrants into equity shares. Each warrant holder is entitled to apply for one Equity Share of Rs. 10/- each at a premium of Rs. 390/- each during the warrant exercise period. Further, Warrant exercise period is April 01, 2011 to April 30, 2011 and Warrants not exercised during the said exercise period would lapse. |
| 2011-03-11 09:42:00.0 | Asian Paints Limited | Disclosure under SEBI Takeover Regulations | Asian Paints Limited has submitted to the Exchange a copy of disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 - |
| 2011-03-11 09:37:00.0 | Titan Industries Ltd | Appointment of Chief Financial Officer | Titan Industries Limited has informed the Exchange that Mr. Subbu Subramaniam has been appointed as Chief Financial Officer of the Company with effect from March 04, 2011. |
| 2011-03-11 08:36:00.0 | Core Projects & Tech.ltd. | Press Release | Core Projects And Technologies Limited has informed the Exchange regarding a press release dated March 10, 2011, titled "CORE Projects bags one of India's biggest education projects". |
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