| 2011-03-22 18:26:00.0 | Grabal Alok Impex Limited | Voluntary Delisting | Grabal Alok Impex Limited has informed the Exchange vide its letter dated March 22, 2011 that the delisting approval received from Ahmedabad Stock Exchange Limited. The securities of Grabal Alok Impex Limited are thus removed from the list of Ahmedabad Stock Exchange Limited (ASE) w.e.f. March 21, 2011. |
| 2011-03-22 17:26:00.0 | Kiri Dyes And Chemicals Limite | Change in Company Name / Symbol | Members of the Exchange are hereby informed that the name of Kiri Dyes and Chemicals Limited shall be changed to Kiri Industries Limited and the trading symbol of the Company be changed from KIRIDYES to KIRIINDUS w.e.f. March 28, 2011. |
| 2011-03-22 16:05:00.0 | Garware Offshore Services Ltd | Updates | Garware Offshore Services Limited has informed the Exchange that the Vessel 'M.V.Beaucephalus' owned by the Company's Wholly Owned Subsidiary, viz. Global Offshore Services B. V. (The Netherlands) has been awarded a 4 year contract in Brazil. The approximate annual value of the contract stands at Rs.49 crores. |
| 2011-03-22 16:03:00.0 | Zylog Systems Limited | Outcome of Board Meeting | Zylog Systems Limited has informed the Exchange that the Board of Directors at their meeting held on March 22, 2011, had inter-alia considered and approved: (a) the expansion plans of the wifi Business of the Wholly Owned Subsidiary, M/s Zylog Systems (India) Limited. (b) Mr. V.K. Ramani has been inducted as the Member of the Audit Committee and Chairman of the Remuneration Committee of the Company. |
| 2011-03-22 15:19:00.0 | Bhansali Engineering Polymers Limited | Disclosure under SEBI Takeover Regulations | Mayank Securities Pvt. Ltd. has submitted to the Exchange a copy of the regulation under 7(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. |
| 2011-03-22 15:03:00.0 | Tube Investments Of India Ltd | Allotment of Securities | Tube Investments Of India Limited has informed the Exchange that the Company has on March 22, 2011 allotted 57,604 equity shares of Rs.2/- each as per details given below: (a) 7,480 shares at an exercise price of Rs.44.45/- per share; (b) 43,988 shares at an exercise price of Rs.56.80/- per share; and (c) 6,136 shares at an exercise price of Rs.62.85/- share .The above allotments are consequent upon the exercise of Stock Options by the eligible employees under the Employee Stock Option Scheme 2007. Further, with this allotment, the number of equity shares outstanding has increased from 18,56,09,327 to 18,56,66,931 and the paid up equity share capital from Rs.37,12,18,654/- to Rs.37,13,33,862/-. |
| 2011-03-22 14:50:00.0 | Texmaco Limited | Disclosure under Insider Trading Regulation | Texmaco Limited has informed the Exchange that "As required under Regulation 13(6) of the SEBI (Insider Trading) Regulations, 1992 this is to inform that the holding of M/s Duke Commerce Limited, 9/1, R.N. Mukherjee Road, Birla Building, 5th Floor, Kolkata - 700 001, has increased from 76,81,248 Equity Shares to 77,26,464 Equity Shares, thus making their holding from 6.04% to 6.07%. This is as per the intimation received by us vide their letter dated 18/03/2011 and 21/03/2011". |
| 2011-03-22 11:31:00.0 | Geometric Software Soltns | Press Release | Geometric Limited has informed the Exchange regarding a media release dated March 22, 2011, titled "Geometric to showcase CAMWorks(R) 2011 at PMTS 2011". |
| 2011-03-22 11:12:00.0 | Jyothy Laboratories Limited | Press Release | Jyothy Laboratories Limited has informed the Exchange regarding a press release dated March 22, 2011 titled "Jyothy Laboratories laundry arm Jyothy Fabricare acquires 100% stake in Delhi based Diamond Fabcare". |
| 2011-03-22 10:20:00.0 | Heg Limited | Public Announcement - Buyback of Shares | Religare Capital Markets Ltd ("Manager to the Buyback") on behalf of HEG Ltd ("Target Company") has informed about the Public Announcement ("PA") to the Equity Shareholders / Beneficial Owners of the equity shares of the Target Company, pursuant to the provisions of Regulations 8(1) read with 15(c) of the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998 including any statutory modifications and amendments from time to time ("Buy-back Regulations") and contains the disclosures as specified in Schedule II to the Buy-back Regulations. Buy Back Offer : The Board of Directors of the Company ("Board of Directors"), in accordance with the authorization by the Article 3 of the Articles of Association of the Company ("AoA") and pursuant to the resolution passed by it ("Board Resolution") at its meeting held on March 14, 2011 ("Board Meeting"), approved the Buy-back of its fully paid-up equity shares ("Buy-back") of the face value of Rs. 10 each ("Equity Shares") from the existing owners of Equity Shares other than the promoters, promoter group and persons who are in control of the Company ("Persons in Control") at a price not exceeding Rs. 350.00 per Equity Share ("Maximum Offer Price") payable in cash, for an aggregate amount not exceeding Rs. 67.50 Crores (the "Maximum Offer Size"). The Maximum Offer Price per Equity Share does not include brokerage costs, Securities and Exchange Board of India ("SEBI") turnover charges, taxes such as securities transaction tax, service tax and relevant stamp duty ("Transaction Costs"). The Maximum Offer Size of the Buy-back is inclusive of Transaction Costs. The Maximum Offer Size represents 9.95% of the aggregate of the Company's total paid-up equity capital and free reserves as on March 31, 2010 (the date of the latest standalone audited accounts) which is in compliance with the maximum permissible limit of 10.00% of the paid-up equity capital and free reserves in accordance with Section 77A(2) of the Companies Act, 1956 (the "Act"). The aggregate paid up capital and free reserves of the Company as at March 31, 2010 is Rs. 678.69 Crores. The Buy-back will be implemented by the Company through the methodology of "Open market purchases through stock exchanges" using the electronic trading facilities of the Bombay Stock Exchange Ltd ("BSE") and the National Stock Exchange of India Ltd ("NSE") ("Stock Exchanges") in accordance with the provisions of Sections 77A, 77AA, 77B of the Act and other applicable provisions of the Act read with Article 3 of the AoA and the Buy-back Regulations, and subject to approval/s as may be necessary, from time to time, from statutory authorities including but not limited to, SEBI, Stock Exchanges, Reserve Bank of India ("RBI") etc. as may be required and further subject to such conditions as may be prescribed while granting such approvals which may be agreed to by the Board of Directors. The actual number of Equity Shares bought back will depend upon the average price including Transaction Costs paid for the Equity Shares bought back and the aggregate consideration paid for the Buy-back subject to the Maximum Offer Size. During the Buy-back offer period the Company hereby proposes to Buy-back a minimum of 386,000 Equity Shares (the "Minimum Offer Shares") and an indicative maximum of 1,928,571 Equity Shares (the "Maximum Offer Shares") which is the maximum number of Equity Shares that can be bought back by the Company, at the proposed Maximum Offer Price per Equity Share and for an aggregate consideration amount of Rs. 67.50 Crores. If the Equity Shares are bought back at an average price below the Maximum Offer Price, the number of Equity Shares bought back could exceed the Maximum Offer Shares subject to the Maximum Offer Size. The Maximum Offer Shares are 4.50% of the pre Buy-back paid-up equity share capital of the Company at the Maximum Offer Price of Rs. 350.00 per Equity Share. The fact that the Board Resolution provides for the Maximum Offer Price does not indicate that the Company will or is obliged to buy or continue to buy Equity Shares, so long as the market price is below the Maximum Offer Price. Similarly, the fact that the Board Resolution indicates the Maximum Offer Size not exceeding Rs. 67.50 Crores does not indicate that the Company will utilize or is obliged to utilize, the entire amount in the Buy-back or that the Company will buy or is obliged to buy all the Maximum Offer Shares. As required under the Act and the Buy-back Regulations, the Company shall not purchase Equity Shares which are partly paid-up, Equity Shares with call-in-arrears, locked-in or non-transferable Equity Shares till the time they become fully-paid, or till the pendency of the lock-in or till the Equity Shares become transferable, as the case may be. There will be no negotiated deals (whether on or off Stock Exchanges), spot transactions or any other private arrangements in implementation of the Buy-back. Proposed Timetable : Board Resolution approving the Buy-back - March 14, 2011, Date of Public Notice in Compliance with Regulation 5A of the Buy-back Regulations - March 15, 2011, Date of opening of the Buy-back - April 11, 2011, Acceptance of Equity Shares - Within the relevant payout dates of the Stock Exchanges. Last Date for the Buy-back - March 13, 2012. |
| 2011-03-22 00:26:00.0 | Zylog Systems Limited | Pledged Shares | JM Financial Products Ltd. had informed the Exchange regarding the part release of pledge of 10,495 equity shares being 0.7% 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 12,055 shares have been released on March 22, 2011 and the balance 11,11,895 shares (constituting 6.76% of the share capital of 1,64,46,420) continues to remain pledged. |
| 2011-03-22 00:18:00.0 | Transport Corporation Of India | Disclosure under Insider Trading Regulation | Transport Corporation Of India Limited has submitted to the Exchange a copy of Disclosure under Regulation 13(4) of SEBI (Prohibition of Insider Trading) Regulations, 1992. |
| 2011-03-22 00:16:00.0 | Orient Paper & Industries Ltd | Allotment of Securities | Orient Paper & Industries Limited has informed the Exchange that the Committee of Directors of the Company at its meeting held on March 18, 2011 approved the allotment of 1,20,00,000 Warrants convertible into equity shares to the following Promoter Companies. (1) Central India Industries Ltd. - 95,00,000 warrants (2) Shekhavati Investments and Traders Ltd. - 25,00,000 warrants. Each warrant will be convertible into one equity share of the Company of nominal value of Re. 1/- each at a price of Rs. 57.25 which includes a premium of Rs. 56.25 per share. The warrants shall be convertible into equity shares at any time within 18 months from the date of allotment. |
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