2011-03-21 18:54:00.0 | Piramal Life Sciences Limited | News Verification | News Verification : The media had reports that Piramal Life Sciences Limited. may merge with Piramal Healthcare Limited. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Piramal Life Sciences Limited has vide its letter inter-alia stated," We would like to state that the Company explores various strategic moves from time to time. However, as a policy and in the interest of its shareholders, the Company does not comment on any report relating to potential strategic initiatives unless they have reached the definite stage. In this context, we would like to inform that the Board of Directors of the Company has not considered any proposal for merger of the Company with Piramal Healthcare Limited. Further, the Company constantly reviews research deals in the ordinary course of business. In the Company's view, there is no such research deal presently being reviewed which is extraordinary. Also, M/s Paramount Pharma Private Limited, a company belonging to the Promoter Group, has vide its letter dated March 11,2011 informed BSE and NSE of its intention to acquire shares of the Company by way of inter-se transfers between and amongst the Promoter group only which would not result in any increase in the overall shareholding of the Promoter Group." |
2011-03-21 18:04:00.0 | Century Plyboards (India) Ltd | Resignation of Director | Century Plyboards (India) Limited has informed the Exchange that Mr. Sajan Kumar Bansal has resigned from the Directorship of the Company with effect from March 18, 2011. |
2011-03-21 16:04:00.0 | 3i Infotech Limited | FCCBs | 3i Infotech Limited has informed the Exchange that the Company had issued U.S. $ 50 million Zero Coupon Foreign Currency Convertible Bonds vide Offering Circular dated March 10, 2006, First issue XSO245867667 (Offering Circular) as First Tranche. Out of these, over a period of time, FCCBs of nominal value of U.S. $ 29.8 million were converted into 59,77,602 equity shares of the Company having a face value of Rs. 10 each and the outstanding bonds of nominal value of U.S. $ 20.2 million, which were due for redemption on the maturity date, were redeemed in full on March 17, 2011 at the Redemption Price of 139.703 percent of its principal amount, as per the terms and conditions of the issue. In view of above, all the FCCBs issued by the Company under the above referred Offering Circular have been extinguished in full and there are no outstanding as on date. |
2011-03-21 15:06:00.0 | Royal Orchid Hotels Limited | Updates | Royal Orchid Hotels Limited has informed the Exchange that "We have opened our new Hotel, Royal Orchid Central Shimoga, at BH Road, opp. Vinayaka Theatre, Shimoga 577201. The above Hotel is with 108 guest rooms in addition to bar, Specialty restaurants, Conference Hall and other facilities. With the opening of the above hotel, we have now 15 hotels across 8 cities in India". |
2011-03-21 15:01:00.0 | Madhucon Projects Limited | Press Release | Madhucon Projects Limited has informed the Exchange vide its letter dated March 21, 2011, regarding a press release, titled "MADHUCON PROJECTS LIMITED BAGS 163.50 KMs OF NHAI ANNUITY PROJECT OF AROUND Rs.1500 CRORES IN JHARKHAND". |
2011-03-21 14:08:00.0 | 3i Infotech Limited | FCCBs | 3i Infotech Limited has informed the Exchange that the Company had issued U.S. $ 50 million Zero Coupon Foreign Currency Convertible Bonds vide Offering Circular dated March 10, 2006, First issue XSO245867667 (Offering Circular) as First Tranche. Out of these, over a period of time, FCCBs of nominal value of U.S. $ 29.8 million were converted into 59,77,602 equity shares of the Company having a face value of Rs. 10 each and the outstanding bonds of nominal value of U.S. $ 20.2 million, which were due for redemption on the maturity date, were redeemed in full on March 17, 2011 at the Redemption Price of 139.703 percent of its principal amount, as per the terms and conditions of the issue. In view of above, all the FCCBs issued by the Company under the above referred Offering Circular have been extinguished in full and there are no outstanding as on date. |
2011-03-21 13:58:00.0 | Orient Paper & Industries Ltd | Outcome of Extra-ordinary General Meeting | Orient Paper & Industries Limited has submitted to the Exchange a copy of the proceedings of the Extra-Ordinary General Meeting of the Members of the Company held on March 07, 2011. |
2011-03-21 13:54:00.0 | Zensar Technologies Ltd | Outcome of Postal Ballot | Zensar Technologies Limited has informed the Exchange that the results of the Postal Ballot were announced on March 18, 2011. Special Resolution as mentioned in the notice of Postal Ballot dated January 17, 2011 has been passed with the requisite majority thereby giving consent of Members of the Company for creating Mortgage/Charge on the assets of the Company pursuant to the provisions of Section 293(1)(a) of the Companies Act, 1956. |
2011-03-21 13:16:00.0 | Zylog Systems Limited | Pledged Shares | JM Financial Products Ltd. had informed the Exchange regarding the part release of pledge of 2,30,000 equity shares being 1.40% of the share capital of ZYLOG SYSTEMS LIMITED, as required under Regulation 7(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. The Company has now informed the Exchange that 10,495 shares have been released on March 19, 2011 and the balance 11,23,950 shares (constituting 6.83% of the share capital of 1,64,46,420) continues to remain pledged. |
2011-03-21 11:07:00.0 | Godawari Power And Ispat Limit | Merger & Acquisition | Godawari Power And Ispat Limited has informed the Exchange that "The Hon'ble High Court of Chhattisgarh at Bilaspur have sanctioned and confirmed the Scheme of amalgamation of M/s.Hira Industries Limited and M/s R.R. Ispat Limited with our Company namely GPIL vide its order dated March 17,2011 and certified copy received by the Company on March 19, 2011.The said Scheme of amalgamation as per the order of Hon'ble High Court, shall come into effect after filing of the certified copy of the said order with Registrar of Companies within 14 days from the date of receipt of Copy of the order. Pursuant to the said Scheme of Amalgamation GPIL shall issue 36,86,440 Equity shares of Rs.10 each fully paid to the Equity Shareholders of HIL and the Shares of RRIL shall be cancelled since the entire Share Capital of RRIL held by GPIL. Further as per the Scheme of Amalgamation the 11,25,000 Equity Shares of GPIL held by the RRIL shall be transferred to "GPIL Beneficiary Trust". |
2011-03-21 00:52:00.0 | Premier Ltd | Reappointment | Premier Limited has informed the Exchange that the Board of Directors of the Company has reappointed Mr. Maitreya Doshi as a Managing Director for a period of three years from March 29, 2011 to March 28, 2014, subject to necessary approvals. |
2011-03-21 00:14:00.0 | Sadbhav Engineering Limited | Updates | Sadbhav Engineering Limited has informed the Exchange that the Company has been awarded the following two projects/works by The Executive Engineer, Narmada Development Division 20, Mandleshwar, M.P. in joint venture with GKC Projects Limited- Hyderabad for aggregating contract value of Rs.869.23 crores. (1) Execution of Omkareshwar Right Bank Lift Canal including its distribution network up 40 Ha. Chak for culturable command area (CCA) of about 29947Ha. On "Turn Key" basis from RD 51.281 KM to 125.00 KM (excluding V.R.B. at RD 51.281 Km Wasvi-Sirsodia Road) for contract value of Rs.349.30 crores. Company will lead the joint venture with 60% participation share. (2) Execution of Omkareshwar Right Bank Lift Canal including its distribution network up 40 Ha. Chak for culturable command area (CCA) of about 28073 Ha. On "Turn Key" basis from RD 0.00 KM to 51.281 KM (including V.R.B. at RD 51.281 Km Wasvi-Sirsodia Road) for contract value of Rs.519.93 crores. Company will lead the joint venture with 40% participation share. |
No comments:
Post a Comment