| 2011-03-25 17:53:00.0 | Mahindra Forgings Limited | Updates | Mahindra Forgings Limited has informed the Exchange that 80000 options have lapsed since April 1, 2010 till date and the live/running options as on March 25, 2011 is 1277080. |
| 2011-03-25 17:47:00.0 | Manaksia Limited | Buyback | VC Corporate Advisors Private Limited has submitted to the Exchange a copy of Public Advertisement dated March 18, 2011 for closure of Buyback of Equity Shares by M/s Manaksia Limited. |
| 2011-03-25 17:09:00.0 | Kpit Cummins Infosystems Ltd | Allotment of Securities | Kpit Cummins Infosystems Limited has informed the Exchange that the Committee of the Board of Directors has allotted 528,255 Equity shares under the ESOP 2004/2006 Scheme of the Company at their meeting held on March 25, 2011. |
| 2011-03-25 17:02:00.0 | Man Industries (India) Limited | Resignation of Director | Man Industries (India) Limited has informed the Exchange that at the Board meeting of the Company held on March 25, 2011 the Board of Directors of the Company have accepted the resignation of Mr. Vijay Kalantri, Independent Director of the Company. In view of the aforesaid resignation, Mr. Vijay Kalantri ceases to be a Director of the Company with immediate effect. |
| 2011-03-25 16:24:00.0 | Tata Metaliks Ltd | News Clarification | Tata Metaliks Limited has informed the Exchange that it has come to the knowledge of the Company that in certain sections of the media it is being reported that Tata Steel Ltd. is contemplating amalgamation / merger of Tata Metaliks Ltd. with Tata Steel Ltd. Tata Metaliks Ltd. categorically denies any such move by the management and wishes to place on record that such news / information has no basis and is unfounded. |
| 2011-03-25 15:26:00.0 | Usha Martin Limited | Updates | Usha Martin Limited has informed the Exchange that the Company has arranged US $ 125 Mn via external commercial borrowing [ECB] from State Bank of India as Sole Mandated Lead Arranger & Bookrunner with DBS Bank Limited, State Bank of India [Canada] and The Bank of Tokyo - Mitsubishi UFJ Limited as other participating lenders. This is to part finance Company's capex plans of Rs.1200 crores to strengthen its cost competitiveness in steel business and maintaining global leadership position in the wire and wire rope industry. |
| 2011-03-25 11:27:00.0 | Shopper's Stop Limited | Outcome of Board Meeting | Shopper'S Stop Limited has informed the Exchange that the Board of Directors of the Company have approved the variation/modification of the terms of investment by the Company in 7% Cumulative Redeemable Preference Shares of its subsidiary, Hypercity Retail (India) Limited, whereby the 7% Cumulative Redeemable Preference Shares of Rs. 10/- each would be converted in 7% Compulsorily Convertible Preference Shares of Rs. 10/- each. |
| 2011-03-25 10:51:00.0 | Development Credit Bank Ltd | Allotment of Securities | Development Credit Bank Limited has informed the Exchange that the Bank has allotted 1,740 equity shares of Rs.10/- each on March 24, 2011, pursuant to the terms of the Employee Stock Option Plan (ESOPs) of the Bank. Post allotment, Bank's issued and paid up share capital has increased to 20,01,71,209 shares of Rs.10/- each. |
| 2011-03-25 00:15:00.0 | Emco Ltd | ESOPs/ESOS | Emco Limited has informed the Exchange that pursuant to delegation of authority by the Board of Directors at Its meeting held on March 03, 2011, the Compensation Committee of the Board of Directors of the Company, named as "ESOP and Preferential Issue Committee" at its meeting held on March 25, 2011, has framed the 'Employee Stock Option Scheme 2011' of the Company. The said scheme is subject to the approval of the members of the Company. Under the scheme, the Company will offer maximum of 30,00,000 Stock Options to the eligible persons (including employees and Directors) of the Company and its present and future subsidiaries. Each Stock Option shall carry a right to subscribe 1 equity share of Rs. 2/- each of the Company at a later date. Thus, in aggregate, not more than 30,00,000 equity shares of Rs. 2/- each can be issued and allotted pursuant to the above said scheme of the Company. For obtaining approval of the members of the Company to the said Employees Stock Option Scheme, an Extra-ordinary General Meeting of the members of the Company is convened on April 29, 2011. |
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