| 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 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 14:28:00.0 | 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 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 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 09:37:00.0 | 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. |
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