Jun 21 2008 | BNK Capital Markets Ltd | BNK Capital Markets Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 21, 2008, inter alia, to consider the following:1. Audited financial results for the year ended March 31, 2008.2. To declare dividend, if any. |
Jun 21 2008 | Fine Line Circuits Ltd | Audited Results |
Jun 21 2008 | Igarashi Motors India Ltd | Igarashi Motors India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 21, 2008, inter alia, to transact the following:1. To consider and take on record Audited Financial Results for the fourth quarter and Year Ended March 31, 2008.2. To consider and recommend Dividend, if any, on the Equity Shares for the Financial Year2007-08. |
Jun 21 2008 | India Nippon Electricals Ltd | India Nippon Electricals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 21, 2008 to consider the Audited Financial Results of the Company for the year ended March 31, 2008 and final dividend, if any, for the year April 2007 - March 2008. |
Jun 21 2008 | JBM Auto Ltd | JBM Auto Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, to consider the Audited Annual Accounts and Audited Financial Results of the Company for the Financial Year ended on March 31, 2008 and declaration of dividend, if any.JBM Auto Ltd has informed BSE that the Board Meeting of the Company scheduled to be held on June 20, 2008 has been re-scheduled to be held on June 21, 2008, to primarily consider the Audited Annual Accounts and Auditing Financial Results for the financial year ended on March 31, 2008 and declaration of dividend, if any.(As per BSE Announcement Website dated on 13/06/2008) |
Jun 21 2008 | Kilitch Drugs (India) Ltd | Kilitch Drugs India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 21, 2008, inter alia, to consider the following:1. To consider the recommendation of Final Dividend the financial year ended March 31, 2008.2. To Adopt and approve the Profit and Loss Account for the year ended March 31, 2008 together with the Balance Sheet as at that date, & the Directors' Report.3. To adopt and approve the Audited Financial Result for the 4th quarter as well as for the year ended March 31, 2008. |
Jun 21 2008 | MSP Steel & Power Ltd | Audited Results |
Jun 21 2008 | Saboo Sodium Chloro Ltd | Saboo Sodium Chloro Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 21, 2008, to discuss the conversion of preferential warrants in to equity shares and other general issues for the current financial year.The Board will also consider the business as per the agenda of the meeting which inter alia includes adoption of the audited account for the year ended as on March 31, 2008 and to finalize the proceedings of the forthcoming 15th Annual General Meeting of the Company. |
Jun 21 2008 | Sumedha Fiscal Services Ltd | Sumedha Fiscal Services Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 21, 2008, inter alia, to transact the following:1. To consider and approve the Annual Accounts of the Company for the financial year ended March 31, 2008.2. To consider declaration of dividend.3. To approve the Audited Financial Results of the Company for the year ended March 31, 2008. |
Jun 21 2008 | Vadilal Industries Ltd | Vadilal Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 21, 2008, inter alia, to transact the following businesses:1. To consider and approve the Annual Audited Accounts of the Company for the year ended on March 31, 2008, and2. To recommend divided, if any, on 7188230 Equity Shares of Rs 10/- each of the Company. |
June 15, 2008
Board Meetings - June 21 2008
Labels: Board Meetings
Board Meetings - June 20 2008
Jun 20 2008 | Abbott India Ltd | Quarterly Results |
Jun 20 2008 | Alkyl Amines Chemicals Ltd | Alkyl Amines Chemicals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, inter alia, to consider the following:1. Approval of Audited Financial Results for the year ended March 31, 2008.2. Recommendation or passing over of dividend. |
Jun 20 2008 | AMD Industries Ltd | AMD Industries Ltd has informed BSE that with regards to the appointment of Independent Director, the Company has already short listed the candidates. Accordingly, a person shall be formally appointed as the Director of the Company in the ensuing Board meeting scheduled to be held on June 20, 2008.Audited Results(As Per BSE Bulletin Dated on 12.06.2008) |
Jun 20 2008 | Apeego Ltd | Apeego Ltd a meeting of the Board of Directors of the Company will be held on June 20, 2008, inter alia, to consider the change in composition of Board of Directors of the Company. |
Jun 20 2008 | Atul Ltd | Atul Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, to consider audited financial results and to consider declaration of dividend for the financial year ended on March 31, 2008. |
Jun 20 2008 | DIL Ltd | Dil Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, inter alia, to consider the following:1. To consider and approve the audited accounts for the year ended March 31, 2008.2. To recommend dividend for the year 2007-2008. |
Jun 20 2008 | Dredging Corporation of India Ltd | Audited ResultsDredging Corporation of India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, inter alia, to consider the audited financial results for the year ended March 31, 2008 & recommending dividend, if any, for the approval of the shareholders in the ensuing Annual General Meeting.(As per BSE Announcement Website dated on 13/05/2008) |
Jun 20 2008 | EIH Ltd | With reference to the earlier announcement dated May 08, 2008, EIH Ltd has now informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, to approve the Company's annual Accounts.The Board may recommend a dividend for declaration at the forthcoming Annual General Meeting at the said Meeting. |
Jun 20 2008 | Essar Shipping Ports & Logistics Ltd | Essar Shipping Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, inter alia, to consider and approve the Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended March 31, 2008. |
Jun 20 2008 | Hindalco Industries Ltd | Hindalco Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, for consideration of the Audited Accounts of the Company for the Year ended March 31, 2008 and Dividend for the Financial Year ended March 31, 2008.With reference to the earlier announcement dated June 10, 2008, Hindalco Industries Ltd has now informed BSE that the meeting of the Board of Directors of the Company which is scheduled to be held on June 20, 2008, will consider as part of the agenda a comprehensive financing plan for take out of the existing bridge financing for acquisition of Novelis. This take out financing must be in place by November 10, 2008. The financing plan will evaluate various options including an equity rights issuance.(As per BSE Announcement Website dated on 13/06/2008) |
Jun 20 2008 | Hindustan Udyog Ltd | Audited Results |
Jun 20 2008 | House of Pearl Fashions Ltd | House of Pearl Fashions Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held June 20, 2008, inter alia, to consider, approve and take on record the Financial Results for the fourth quarter and the Audited Financial Results of the Company for the year ended March 31, 2008, and to recommend dividend, if any. |
Jun 20 2008 | Indo Asian Fusegear Ltd | Indo Asian Fusegear Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, inter alia, to consider allotment of 19,00,000 convertible Warrants to Promoters and Other body corporate on preferential basis by private placement as per SEBI (DIP) Guidelines, 2000. |
Jun 20 2008 | K.B.Steel Ltd | KB Steel Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, to consider and approve the Audited Financial Results for the Year ended March 31, 2008 and recommend dividend, if any. |
Jun 20 2008 | Lloyds Finance Ltd | Audited Results |
Jun 20 2008 | Mangalam Drugs and Organics Ltd | Audited Results |
Jun 20 2008 | Multiplus Holdings Ltd | Multiplus Holdings Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, inter alia, to consider the following:1. To take on record, Audited Financial Results of the Company for the year ended 2007-2008.2. To propose dividend for the year 2007-2008.3. To discus about the increase of the Authorised Share Capital of the Company.4. To consider the appointment of Mr. Jignesh K Sheth as a Managing Director of the Company.5. To consider the resignation of Mr. Suketu D Shah as a Director of the Company. |
Jun 20 2008 | Nectar Lifescience Ltd | Nectar Lifesciences Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, inter alia, to consider and approve the following items:1. The Audited Financial Results for Financial Year 2007-08, Balance Sheet of the Company as at March 31, 2008 and Profit & Loss Accounts for the financial year ended on March 31, 2008.2. The date of Annual General Meeting of Members of the Company for the Financial Year 2007-08.3. Recommendation of final dividend to the Members of the Company for Financial Year 2007-08 and fix the Book closure dates. |
Jun 20 2008 | Nucleus Netsoft & G I S India Ltd | Nucleus Netsoft & GIS India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, inter alia, to consider the following:1. Approve the audited accounts for the year ended March 31, 2008.2. To consider recommendation of dividend on Equity Capital.3. To consider the transfer of ITeS business to a wholly owned subsidiary - Nucleus GIS And ITES Ltd. |
Jun 20 2008 | Onward Technologies Ltd | Audited Results |
Jun 20 2008 | Parsvnath Developers Ltd | Parsvnath Developers Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, inter alia, to transact the following:1. Consider and take on record the Audited Financial Results of the Company for the quarter and year ended March 31, 2008, and2. Recommend the Dividend for the Financial Year 2007-08. |
Jun 20 2008 | Pearl Global Ltd | Pearl Global Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, inter alia, to consider, approve and take on record, the Financial Results for the fourth quarter and the Audited Financial Results of the Company for the year ended March 31, 2008, and to recommend dividend, if any. |
Jun 20 2008 | RLF Ltd | Audited Results |
Jun 20 2008 | Rohit Ferro Tech Ltd | Rohit Ferro Tech Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, inter alia, to consider and approve the Audited Financial Result for the year ended March 31, 2008, and to recommend Dividend on Equity Shares, if any, for the Year ended March 31, 2008 among other business(es). |
Jun 20 2008 | S V Electricals Ltd | Audited Results |
Jun 20 2008 | SMIFS Capital Markets Ltd | Audited Results |
Jun 20 2008 | Spel Semiconductor Ltd | Audited Results |
Jun 20 2008 | Supreme Holdings Ltd | Audited Results |
Jun 20 2008 | United Leasing & Industries Ltd | Audited Results |
Jun 20 2008 | Vinyoflex Ltd | Audited Results |
Jun 20 2008 | Visaka Industries Ltd | Visaka Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2008, to consider and approve the Audited Financial Results of the Company, for the last Quarter and Year ended March 31, 2008.The Board will also consider recommendation of dividend for the financial year 2007-2008, at the said meeting. |
Labels: Board Meetings
Board Meetings - June 19 2008
Jun 19 2008 | Borosil Glass Works Ltd | Audited Results |
Jun 19 2008 | Ecoboard Industries Ltd | Ecoboard Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 19, 2008, inter alia, to issue and allot 750,000 (seven lacs Fifty Thousand) fully paid equity shares of Rs 10 each to the following promoter group at a price of Rs 21/- (Rs Twenty one) i.e. at a premium of Rs 11 (Rs Eleven) per share, the Company do allot the said 750,000 equity shares to the following promoter applicants who have deposited the full amount of consideration of Rs 1,57,50,000 (Rs One Crore Fifty Seven lacs Fifty thousand) with the Company:1. Mr. G R K Raju: 250,000 No. of shares allotted2. Mr. P Satyanarayan Raju: 250,000 No. of shares allotted3. Mr. Srinivas Raju P: 250,000 No. of shares allotted.Resolved further that the said 750,000 share so issued and allotted shall remain under lock in for a period of 3 years from date of this allotment upto June 18, 2011, as per SEBI DIP guidelines. |
Jun 19 2008 | EIH Associated Hotels Ltd | Dividend & Audited Results |
Jun 19 2008 | FCS Software Solutions Ltd | FCS Software Solutions Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 19, 2008, inter alia, to consider and take on record the Audited Annual Finance Results of the company for the year ended March 31, 2008 and the Board may also consider to recommend final Dividend if any for the said financial year. |
Jun 19 2008 | Future Capital Holdings Ltd | Audited Results |
Jun 19 2008 | Gujarat Borosil Ltd | Gujarat Borosil Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 19, 2008, inter alia, to transact the following:1. To consider and approve the Annual Accounts and Audited Financial Results for the year ended March 31, 2008.2. Recommendation of dividend if any, on the equity shares of the Company for the said year. |
Jun 19 2008 | Ind-Swift Laboratories Ltd | Ind Swift Laboratories Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 19, 2008, inter alia, to transact the following business:1. To adopt Annual Audited Accounts for the financial year ended March 31, 2008.2. To consider declaration of dividend, if any, approved by the Board on the equity shares of the Company.3. Allotment of equity shares to promoters Group Companies upon conversion of Zero Coupon warrants into equity shares. |
Jun 19 2008 | Jayaswal Neco Industries Ltd | Audited Results |
Jun 19 2008 | Kirloskar Ferrous Industries Ltd | Audited Results |
Jun 19 2008 | Martin Burn Ltd | Audited Results |
Jun 19 2008 | Rajshree Sugars & Chemicals Ltd | Rajshree Sugars & Chemicals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 19, 2008, inter alia, to consider (1) the audited financial results of the Company for the year ended March 31, 2008, and (2) final dividend, if any, for the financial year ended March 31, 2008. |
Jun 19 2008 | Ratnamani Metals & Tubes Ltd | Ratnamani Metals & Tubes Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 19, 2008, inter alia, to consider and to approve the Audited Financial Results for the year ended on March 31, 2008 and for recommendation fo Dividend for the year 2007-2008.With reference to the earlier announcement dated May 30, 2008 regarding Board Meeting on June 19, 2008 for approving Audited Annual Accounts for the year ended March 31, 2008, Ratnamani Metals & Tubes Ltd has now informed BSE that in the above meeting the Board of Directors of the Company may consider the matter to sub-division the Company's equity shares of Face Value of Rs 10/- each.(As per BSE Announcement Website dated on 11/06/20080 |
Jun 19 2008 | Shri Dinesh Mills Ltd | Shri Dinesh Mills Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 19, 2008, inter alia, to consider the following:1. Approval of Annual Accounts for the year ended on March 31, 2008.2. Approval of Audited Financial Results for the year ended on March 31, 2008.3. Recommendation of Dividend.4. Sub-division of Equity shares of the Company. |
Jun 19 2008 | Simplex Realty Ltd | Simplex Realty Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 19, 2008, inter alia, to consider and adopt Audited Financial Results for the year ended March 31, 2008 and to consider recommendation of dividend for the year 2007-2008 if any. |
Jun 19 2008 | Uniflex Cables Ltd | Audited Results |
Labels: Board Meetings
Board Meetings - June 18 2008
Jun 18 2008 | Arrow Webtex Ltd | Audited Results(Cancelled)(As Per BSE Bulletin Dated on 02.06.2008)Arrow Webtex Ltd has informed BSE that a meeting of the Board of Directors of the Company which was scheduled to be held on June 09, 2008, and which was postponed on account of unavoidable circumstances will now be held on June 18, 2008, inter alia, to consider and take on record Audited Financial Results of the Company for financial year ended March 31, 2008, to approve Annual Accounts for the year ended March 31, 2008 and to recommend dividend, if any, for the financial 2007-08.(As per BSE Announcement Website dated on 10/06/2008) |
Jun 18 2008 | Assam Petrochemicals Ltd | Assam Petrochemicals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, to consider the audited financial results for the year ended March 31, 2008 and will also consider the recommendation of dividend for the year 2007-08. |
Jun 18 2008 | Aurobindo Pharma Ltd | Aurobindo Pharma Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, to consider, the Audited Financial Results of the Company for the Year ended March 31, 2008 and also to recommend Dividend, if any for the year ended March 31, 2008. |
Jun 18 2008 | Bhageria Dye-Chem Ltd | Bhageria Dye Chem Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, to transact the following:1. To approve the audited financial results of the Company for the year ended March 31, 2008.2. To fix the date of Annual General Meeting and book closure dates.3. To approve the Notice and Directors report.4. To propose a Dividend on Equity Shares for the year ended on March 31, 2008. |
Jun 18 2008 | Dhanuka Agritech Ltd | Dhanuka Agritech Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, for consideration of Audited Accounts for the Financial Year ended March 31, 2008, recommendation of dividend, if any, and to take on record the audited results for the Financial Year ended March 31, 2008. |
Jun 18 2008 | Dish TV India Ltd | Dish TV India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, to transact the following:1. Consider, approve and take on record the audited financial results of the Company for the fourth quarter and financial year ended March 31, 2008, and2. Consider the matter relating to voluntary delisting of the Equity Shares of the Company from the Calcutta Stock Exchange Association Ltd (CSE) in terms of the provision of the Securities and Exchange Board of India (Delisting of Securities) Guidelines, 2003. |
Jun 18 2008 | Era Infra Engineering Ltd | Audited Results |
Jun 18 2008 | Finolex Industries Ltd | Audited Results |
Jun 18 2008 | G P Electronics Ltd | Audited Results |
Jun 18 2008 | Greenply Industries Ltd | Greenply Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, to transact the following agenda:1. To consider, approve and take on record the Audited Financial Results and also Consolidated Audited Financial Results for the year ended March 31, 2008.2. To consider and recommend final dividend for the financial year 2007-2008. |
Jun 18 2008 | Hotel Leela Venture Ltd | Hotel Leelaventure Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, to consider the following:1. The audited financial results of the Company for the fourth quarter and financial year ended on March 31, 2008.2. The audited consolidated financial results of the Company for the financial year ended on March 31, 2008.3. To recommend dividend, if any, for the financial year ended March 31, 2008. |
Jun 18 2008 | Indian Extraction Ltd | Audited Results |
Jun 18 2008 | Indraprastha Gas Ltd | Indraprastha Gas Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter-alia, to consider and take on record the Audited Financial Results for the year and the quarter ended on March 31, 2008 and to also consider recommendation of dividend for the Financial Year 2007-08. |
Jun 18 2008 | International Data Management Ltd | Audited Results |
Jun 18 2008 | KEI Industries Ltd | KEI Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, to consider the following:1. Approval of the Audited Accounts for the year ended March 31, 2008.2. Recommendation of dividend, if any, on the equity shares for the year ended March 31, 2008.3. Fixation of time, date and venue of 16th Annual General Meeting for the year ended March 31, 2008. |
Jun 18 2008 | Mafatlal Finance Company Ltd | Audited Results |
Jun 18 2008 | Maharashtra Polybutenes Ltd | Maharashtra Polybutenes Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, to transact the following business:1. To take on record the BIFR order sanctioning the Modified Rehabilitation Scheme.2. To adopt audited annual account of the Company for the year ended March 31, 2008. |
Jun 18 2008 | Makers Laboratories Ltd | Audited Results |
Jun 18 2008 | Marg Ltd | Audited ResultsDividend(As Per BSE Bulletin Dated on 12.06.2008) |
Jun 18 2008 | Mascon Global Ltd | Mascon Global Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, to consider and approve the following:1. To consider and adopt the annual accounts for the financial year ended March 31, 2008.2. To consider and approve dividend, if any, for the financial year 2007-2008.3. To consider and approve the Directors' Report. |
Jun 18 2008 | Power Grid Corporation of India Ltd | Power Grid Corporation of India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, to consider and approve the Audited Financial Results of the Company for the FY 2007-08 after these results are reviewed by the Audit Committee of the Board and the recommendation of Final Dividend, if any, by the Board. |
Jun 18 2008 | Punjab National Bank | Punjab National Bank has informed BSE that a meeting of the Board of Directors of the Bank will be held on June 19, 2008, to approve Consolidated Financial Results (Audited) of the Bank for the year ended March 31, 2008.With reference to the earlier announcement dated June 06, 2008 regarding the Board of Directors of the Bank will be meeting on June 19, 2008 to approve Consolidated Financial Results (Audited) of the Bank for the year ended March 31, 2008, Punjab National Bank has now informed BSE that due to unavoidable circumstances, the said meeting shall now be held on June 18, 2008.(As per BSE Announcement Website dated on 10/06/2008) |
Jun 18 2008 | Rajapalayam Mills Ltd | Rajapalayam Mills Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, to consider the Audited Annual Accounts for the year ended March 31, 2008 and to recommend dividend. |
Jun 18 2008 | Rajesh Exports Ltd | Rajesh Exports Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, for the following agenda:1. To adopt Audited financial results for the year 2007-08.2. To propose dividend for the financial year 2007-08. |
Jun 18 2008 | Savant Infocomm Limited | Audited Results |
Jun 18 2008 | Solar Explosives Ltd | Solar Explosives Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, to consider the following:1. Approval of audited accounts and results for the Financial Year ended March 31, 2008.2. Recommendation of Dividend, if any, for the Financial Year ended March 31, 2008.3. Fixation of date on which the Annual General Meeting will be held.4. Approval of the Notice calling Annual General Meeting.5. Fixation of date of Book Closure.6. Appointment of Shri. Dilp Patel & Shri. Rishi Singh as Non Executive independent Additional Directors. |
Jun 18 2008 | Sunteck Realty Ltd | Audited Results |
Jun 18 2008 | Themis Medicare Ltd | Audited ResultsThemis Medicare Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, to consider Audited Financial results for the year ended march 31, 2008.Further the Company has informed that, recommendation for declaration of dividend will also be considered at the said Board Meeting.(As per BSE Announcement Website dated on 12/06/2008) |
Jun 18 2008 | Total Exports Ltd | Audited Results |
Jun 18 2008 | Volant Textile Mills Ltd | Volant Textile Mills Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 18, 2008, inter alia, to consider and transact the following agenda:1. To consider and approve the Audited Annual Accounts of the Company for the year ended March 31, 2008, along with Directors and Auditors Report.2. To convene Annual General Meeting.3. To appoint Mr. Abhay Kumar Purohit as Additional Director of the Company.4. To appoint Mr. Abhay Kumar Purohit as Executive Director w.e.f. July 01, 2008.5. To appoint Mr. Anantvikram Somani as Vice President Finance. |
Labels: Board Meetings
Board Meetings - June 17 2008
Jun 17 2008 | Asian Star Company Ltd | Audited Results |
Jun 17 2008 | Bharat Petroleum Corporation Ltd | Bharat Petroleum Corporation Ltd (BPCL) has informed BSE that a meeting of the Board of Directors of the Company will be held on June 17, 2008, inter alia, to take on record theAudited Financial Results of the Company for the Financial Year ended March 31, 2008.At the said meeting, the Board may consider a proposal for declaration of Dividend for the financial year 2007-08. |
Jun 17 2008 | Bilpower Ltd | Bilpower Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 17, 2008, inter alia, to transact with or without modifications the following business:1. To consider and approve Financial Results for the Quarter ended March 31, 2008 and the Audited Balance Sheet as at March 31, 2008, Profit & Loss Account for the year ended on that date together with the reports of the Board of Directors and Auditors thereon.2. To consider and recommend Dividend on 1,05,00,800 equity shares for the year endedMarch 31, 2008, if any.3. To consider and approve the appointment of Mr. N K Jain as an "Additional Director" of the Company.4. To consider and accept the resignation of Mr. Anil Raika, Director of the Company.5. To decide the date of Book Closure for the purpose of payment of dividend and Annual General Meeting of the Company.6. To decide date, venue and time of 19th Annual General Meeting of the Company. |
Jun 17 2008 | Cadila Healthcare Ltd | Cadila Healthcare Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 17, 2008 to consider options to consolidate / restructure the Consumer Products business of the group, including its listed subsidiary, namely Carnation Nutra-Analogue Foods Ltd. |
Jun 17 2008 | Cambridge Solutions Ltd | Audited Results |
Jun 17 2008 | Carnation Nutra-Analogue Foods Ltd | Carnation Nutra Analogue Foods Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 17, 2008 to consider options to consolidate / restructure the Consumer Products business of the Cadila Healthcare Ltd, holding Company. |
Jun 17 2008 | Champagne Indage Ltd | Champagne Indage Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 10, 2008, inter alia, to consider the raising of long term / medium term financial resources upto a sum of USD 50 million in one or more tranches by issue, offer and allotment of securities including Global Depository Receipts / shares (GDR's), Foreign Currency Convertible Bonds (FCCB's ), Convertible Bonds / Debentures Euro-convertible Bonds, Preference Shares and / or Securities whether Partly Convertible or fully convertible into Equity Shares and / or Securities linked to Equity Shares and / or any instrument or Securities with or without detachable warrants, or such other type of securities representing either Equity Shares or Convertible Securities, in India or in one or more Foreign Market(s) to be subscribed in one or more Foreign Currency(ies) / Rupee by Foreign / Domestic Investors, or by existing shareholders as may be decided by the Board, whether or not such i |
Jun 17 2008 | Chettinad Cement Corporation Ltd | Chettinad Cement Corporation Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 17, 2008, inter alia, to consider and approve the Audited Annual Accounts for the Financial Year 2007-08 and recommendation of Dividend for the said Financial year. |
Jun 17 2008 | Entegra Ltd | Entegra Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 17, 2008, inter alia, to consider the following agenda:1. To consider & fix the Record Date for the purpose of Rights Issue.2. To consider the Audited Accounts as on January 31, 2008 for the Rights Issue purpose.3. To Finalise / Fix the Issue price.4. To approve the Final Letter of Offer after incorporating the necessary points mentioned in SEBI observation letter. |
Jun 17 2008 | Ion Exchange (India) Ltd | Ion Exchange India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 17, 2008, inter alia, to consider and approve Audited Annual Accounts for the financial year ended March 31, 2008 and recommend dividend, if any. |
Jun 17 2008 | IRB Infrastructure Developers Ltd | Audited Results |
Jun 17 2008 | Jumbo Bag Ltd | Jumbo Bag Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 17, 2008, to consider and to take on record the Audited Results for the year ended March 31, 2008 and to consider recommendation of Dividend for the year 2007-2008. |
Jun 17 2008 | Krishna Lifestyle Technologies Ltd | Audited Results |
Jun 17 2008 | Mafatlal Industries Ltd | Audited Results |
Jun 17 2008 | Marmagoa Steel Ltd | Audited Results |
Jun 17 2008 | Mayur Uniquoters Ltd | Mayur Uniquoters Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 17, 2008, inter alia, to consider and Approve, Financial Results of the Company for the year ended on March 31, 2008 and to Recommend Dividend on Equity Shares of the Company. |
Jun 17 2008 | Orient Abrasives Ltd | Orient Abrasives Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 17, 2008, inter alia, to consider the following:1. Recommendation of final dividend on the equity shares of the Company for the financial year ended March 31, 2008.2. Audited Financial Results for the year ended March 31, 2008. |
Jun 17 2008 | Shree Digvijay Cement Co. Ltd | Audited Results |
Jun 17 2008 | Shree Rajasthan Syntex Ltd | Shree Rajasthan Syntex Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 30, 2008, inter alia, to take on record of the audited financial results for the year ended March 31, 2008 and recommendation of dividend, if any.With reference to earlier announcement dated May 15, 2008 regarding Board Meeting on May 30, 2008 to consider Audited Results and Dividend, Shree Rajasthan Syntex Ltd has now informed BSE that the in the meeting held on May 30, 2008 the Accounts were not placed. For adoption of accounts and recommendation of dividend, if any, the Board Meeting is now scheduled to be held on June 16, 2008.(As per BSE Announcement Website dated on 02/06/2008)With reference to earlier announcement dated June 02, 2008 regarding Board Meeting on June 16, 2008 to consider Audited Financial Results for the year ended March 31, 2008 and recommendation of Dividend, Shree Rajasthan Syntex Ltd has now informed BSE that due to non availability of quorum |
Jun 17 2008 | Sical Logistics Ltd | Audited Results |
Jun 17 2008 | Tantia Constructions Ltd | Tantia Constructions Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 17, 2008, to approve the audited financial results and to consider recommendation of dividend for the year ending March 31, 2008. |
Jun 17 2008 | Tata Communications Ltd | Tata Communications Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 17, 2008, to consider financial results for the quarter and financial year ended March 31, 2008 and to recommend dividend for the year 2007-08, if any. |
Jun 17 2008 | Uttam Sugar Mills Ltd | Uttam Sugar Mills Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 17, 2008, inter alia, to consider the following agenda:1. To finalise the issue structure other than offer price but including ratio of rights, Issue of warrants etc.2. To approve and sign the draft letter of offer to be filed with SEBI. |
Jun 17 2008 | Wire & Wireless India Ltd | Audited Results |
Jun 17 2008 | Zee News Ltd | Audited Results |
Labels: Board Meetings
Board Meetings - June 16 2008
Jun 16 2008 | Alna Trading & Exports Ltd | Audited Results |
Jun 16 2008 | Balmer Lawrie & Company Ltd | Balmer Lawrie & Company Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 06, 2008, inter alia, to consider and approve the audited Annual Accounts of the Company for the financial year ended March 31, 2008.At the same meeting, the Board of Directors may also consider recommending a dividend on the Equity Share Capital of the Company, for the financial year ended March 31, 2008.Balmer Lawrie & Company Ltd has informed BSE that the Meeting of the Board of Directors of the Company, inter alia, to consider and approve the Audited Financial Results for the financial year ended March 31, 2008 will now be held on June 16, 2008 (instead of June 06, 2008 as notified earlier).(As per BSE Announcement Website dated on 04/06/2008) |
Jun 16 2008 | Beckons Industries Ltd | Beckons Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, to discuss and decide the following items:1. To make inter corporate investment in the shares of M/s. Punjab Biotechnology Park Ltd so as to restore the status of the said Company as the subsidiary of Beckons Industries Ltd.2. To discuss and decide the future plans including restructuring, expansion etc. |
Jun 16 2008 | Bemco Hydraulics Ltd | Bemco Hydraulics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, to transact the following business :1. To Approve the Balance Sheet and Profit & Loss Account for the year ended as on March 31, 2008.2. To discuss, recommend the Dividend on Preferential Shares, including arrears thereof.3. To approve 50th AGM Notice and Directors Report and to fix up the date of Book Closure, on account of 50th AGM.4. To take on record the audited Financial Results for the Quarter ended on March 31, 2008.5. To review the performance of the Company for the current Financial Year.6. To recommend the re-appointments of M/s A C Bhuteria chartered accountants, Kolkata as statutory auditors and Mr. S R Deshpande practicing company secretary for certification of compliance for the financial year 2008-09. |
Jun 16 2008 | Brescon Corporate Advisors Ltd | Brescon Corporate Advisors Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, to consider & approve the Audited Balance Sheet as at March 31, 2008, Profit & Loss Account for the year ended on that date and the Reports of the Board of Directors and Auditors thereon.Further the Company has informed that, Directors will also consider declaration / recommendation of dividend in the same meeting.Brescon Corporate Advisors Ltd has informed BSE that Board Meeting of the Company which was scheduled to meet on June 16, 2008 to consider & approve the Audited accounts for the year ended March 31, 2008 & to consider declaration / recommendation of dividend is for time being postponed till further notice in the matter.(As per BSE Announcement Website dated on 10/06/2008) |
Jun 16 2008 | Compact Disc India Ltd | Compact Disc India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, to consider the following:1. To consider and approve the audited financial results for the year 2007-08.2. To consider and approve the revised business plan for the year 2008-09.3. To consider and approve the dividend for the year 2007-08.4. To consider and approve the maximum capital investment in Laser Infomedia Ltd, a promoter's group Company to develop and publish Gaming Software.5. To appoint new directors and accept resignations of few existing directors. |
Jun 16 2008 | Consolidated Securities Ltd | Audited Results |
Jun 16 2008 | Filmcity Media Ltd | Filmcity Media Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008 to consider the allotment of 49,17,909 Equity Shares to the members of the Company on Right basis in terms of Special Resolution passed under section 81 (1A) in Annual General Meeting of the Company held on September 28, 2007. |
Jun 16 2008 | Hatsun Agro Product Ltd | Hatsun Agro Product Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, for the following purposes:1. To consider and take on record the Audited Financial Results for the year ended March 31, 2008.2. To consider recommendation of final dividend for the year 2007-08. |
Jun 16 2008 | Himadri Chemicals & Industries Ltd | Himadri Chemicals & Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, to transact the following:1. To consider and take on record the Audited Financial Results of the Company for the year ended March 31, 2008.2. To recommend payment of dividend if, any, for the financial year ended March 31, 2008.3. To consider the increase in Authorized Share Capital of the Company subject to the approval of the shareholders. |
Jun 16 2008 | Hit Kit Global Solutions Ltd | Audited Results |
Jun 16 2008 | Inter State Finance Ltd | Quarterly Results |
Jun 16 2008 | Kaiser Press Ltd | Kaiser Press Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, to consider the following:1. Appointment of Three Directors on the Board.2. Resignation of one of the Directors of the Company. |
Jun 16 2008 | Nagreeka Exports Ltd | Nagreeka Exports Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 16, 2008, inter alia, for consideration the following:1. To approve the audited accounts of the Company for the year ended March 31, 2008.2. To consider payment of dividend for the year ended March 31, 2008.With reference to the earlier announcement dated June 09, 2008, regarding Board Meeting on July 16, 2008, Nagreeka Exports Ltd has now informed BSE that the correct date of the said Meeting is "June 16, 2008" and which has been fixed as "July 16, 2008".The correct notice which is following:"Nagreeka Exports Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, for consideration the following:1. To approve the audited accounts of the Company for the year ended March 31, 2008.2. To consider payment of dividend for the year ended March 31, 2008."(As per BSE Announcement Website dated on 09/06/2008) |
Jun 16 2008 | Nettlinx Ltd | Nettlinx Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, for the purpose of following:1. Consideration of Audited Financial Results for the year ended March 31, 2008.2. Acquiring 100% Capital of Anchor Systems Pty Ltd, Sydney, Australia. |
Jun 16 2008 | Nouveau Multimedia Ltd | Audited Results |
Jun 16 2008 | Polyspin Exports Ltd | Audited Results |
Jun 16 2008 | Pondy Oxides & Chemicals Ltd | Pondy Oxides & Chemicals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, to consider and approve the investment in other Companies. |
Jun 16 2008 | RAS Extrusions Ltd | The Company has no Institutional Debt, BIFR has called for an meeting on June 16, 2008 by which time it is expected that the whole process of restructuring would be completed and the Company would be in a position to operate as per standard operating norms. |
Jun 16 2008 | Richa Industries Ltd | Richa Knits Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, to transact the following:A) To discuss and recommended approval of the following resolution by Postal Ballot under Sec 192A of the Companies Act, 1956 by the shareholders and to approve Postal Ballot notice thereto:1. To Modify and make addition to the object clause of the Company.2. To increase the borrowing powers of the Company pursuant to Section 293(1)(d) of the companies Act, 1956.3. To make loan and investments pursuant to Section 372A of the Companies Act, 1956.4. To change the name of the company to "Richa Industries Ltd."5. To increase the authorize Capital of the Company from Rs 20 Crore to Rs 30 Crore.6. To further issue of Capital by way of FPO / FCCBs / GDRs / ADRs / Preferential Allotments.B) To discuss, consider and if deem fit, to approve and pass the following with without modification(s):1. Change of Register office from Plot No. 5 Sect |
Jun 16 2008 | S.Kumars Nationwide Ltd | S.Kumars Nationwide Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 14, 2008, to discuss, consider and approve international acquisition of a business.With reference to the earlier announcement dated June 06, 2008 regarding Board Meeting on June 14, 2008, S.Kumars Nationwide Ltd has informed BSE that the Board has decided to postpone the Board Meeting by 2 days and the revised date was fixed on June 16, 2008 to discuss, consider and approve international acquisition of a business(As per BSE Announcement Website dated on 09/062008) |
Jun 16 2008 | Sanra Software Ltd | Audited ResultsSanra Software Ltd has informed BSE that the Board of the Directors of the Company at its meeting held on June 09, 2008, After detailed discussion, the Board suggested that, in view of the good performance of the Company, to include consideration of declaration of the Dividend for the Financial Year 2007-2008 and decided to adjourn the meeting by a week and include the declaration of dividend as an agenda along with the adoption of the audited accounts.Accordingly the Board will meet again on June 16, 2008 to consider, approve and adopt the Audited financial results for the Year Ended March 31, 2008 along with consideration ofdeclaration of dividend subject to approval of the Members in their General Meeting.(As per BSE Announcement Website dated on 10.06.2008) |
Jun 16 2008 | Shriram City Union Finance Ltd | Shriram City Union Finance Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, for approval of audited accounts for the year ended March 31, 2008.Further the Company has informed that, the Board at the said meeting will be considering recommendation of final dividend to the shareholders for the year 2007-2008. |
Jun 16 2008 | SQL Star International Ltd | Audited Results |
Jun 16 2008 | SREI Infrastructure Finance Ltd | SREI Infrastructure Finance Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, to consider, approve and take on record the Audited Financial Results of the Company for the financial year ended March 31, 2008.Further, the Company has informed that at the aforesaid meeting, the Board of Directors of the Company will also consider recommendation of dividend, subject to approval of the members at the ensuing Annual General Meeting of the Company. |
Jun 16 2008 | Sundaram Brake Linings Ltd | Sundaram Brake Linings Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, for the following purpose:1. Consideration and Declaration of Interim Dividend, if any, for the Year Ended March 31, 2008.2. Consideration and approval of Audited Financial Results of the Company for the Year Ended March 31, 2008. |
Jun 16 2008 | Sunflag Iron & Steel Company Ltd | Sunflag Iron & Steel Company Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, to consider and approve the Audited Accounts / Financial Results for the Quarter / Year ended March 31, 2008 and recommendation of final Dividend, amongst others. |
Jun 16 2008 | Tilaknagar Industries Ltd | Tilaknagar Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, to consider the following business:1. To approve and take on record the Annual Accounts of die Company for the year ended on March 31, 2008.2. To approve and take on record Annual Audited Financial Results of the Company for the year ended on March 31, 2008.3. To consider recommending final dividend for the year ended on March 31, 2008. |
Jun 16 2008 | UTV Software Communications Ltd | UTV Software Communications Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, to consider the following:1. To approve the audited financial results for the year ended March 31, 2008.2. To consider dividend for the financial year ended March 31, 2008.3. To convene the Annual General meeting of the Company and fix the Book closure date. |
Jun 16 2008 | Vikas Wsp Ltd | Audited Results |
Jun 16 2008 | Zee Entertainment Enterprises Ltd | Zee Entertainment Enterprises Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 16, 2008, inter alia, to consider and approve the Audited Financial Results of the Company for the financial year ended March 31, 2008 and recommend dividend, if any, for the financial year 2007-2008. |
Labels: Board Meetings
Gail may consider bonus
Gail India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 23, 2008, to discuss the matter relating to bonus shares in the said meeting.
Labels: GAIL India
Unichem Labs gets certificate for its plant
Unichem Laboratories Ltd has informed that the Company has received certificate from European Directorate for the Quality of Medicines & Healthcare for its Active Substances plant situated at Roha, Maharashtra. The EU GMP approval granted includes products like Hydrochlorothiazide, Metronidazole, Bendroflumethiazide, Amlodipine besilate, Flutamide.
Labels: Unichem Laboratories
Shreyas Shipping sells its vessel
Shreyas Shipping & Logistics Ltd has informed that the Company has sold its vessel 'M V OEL Express' for consideration of USD 11,500,000 (Eleven Million Five Hundred Thousand United States Dollars only) on June 12, 2008.
Labels: Shreyas Shipping
Idea Cellular, Telekom Malaysia deal not yet approved
With reference to the news item appearing in a leading web portal titled "Telekom Malaysia to pick up additional 15% stake in Idea Cellular", Idea Cellular Ltd has clarified to BSE that the Company keeps pursing growth opportunities and the Company can not comment on the reports referred in the said letter except to say that as and when any definitive proposal of any nature is considered and approved by the Company's Board, the Company shall inform the exchange.
Labels: Idea Cellular
IOB updates - recommends dividend
Indian Overseas Bank (IOB) has informed about the following:
1. The Board of Directors of the Bank at their meeting held on April 28, 2008 approved / took on Record the Audited financial results for the year ended March 31, 2008 and considered / recommended a dividend of 32% (Rupees Three and Paise twenty only per equity share of Rs 10/- each) for the financial year 2007-2008. The aforesaid dividend was to be payable to those share holders of the bank who were on the Register of Shareholders as on May 06, 2008.
2. Upon a proposal for reconsideration of dividend received by the Bank from the Government of India, the Majority shareholder of the Bank, late in the evening on June 11, 2008, a meeting of the Board of Directors is being convened on June 13, 2008 to :
- Reconsider the Audited financial results for the year ended March 31, 2008, now revised and
- Recommend dividend afresh payable to those share holders of the bank who were on the Register of Shareholders as on May 06, 2008.
Labels: Indian Overseas Bank
Hasti Finance EGM outcome
Hasti Finance Ltd has informed that the Board of Directors of the Company at its meeting held on May 30, 2008, has approved to call the Extra Ordinary General Meeting on July 01, 2008, to pass the following:
1. As the existing auditors has expressed their inability to continue to act as auditors of Company, the Company has recommended M/s. Vivek Kumar Agarwal & Co., Chartered Accounts, Chennai for conducting the Audit for the financial year 2007-2008 and to hold office till the conclusion of the next Annual General Meeting of the Company.
2. Re-issuance / sale of 3,77,400 forfeited shares of the Company is considered for raising capital through re-issue / sale for further expansion of business.
3. As the Ahmedabad & Madras Stock Exchanges are not active in trading and shares of the Company is not traded past few years. Moreover the shares of the Company is been traded actively in the Bombay Stock Exchange Ltd, hence the Company is considering De-listing of the Shares from these Exchanges.
Labels: Hasti Finance
June 4, 2008
JM Financials appoints Nimesh Kampani
Jm Financial Limited had informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 has decided to appoint Mr. Nimesh N Kampani as the Managing Director of the Company for the period from May 28, 2008 to September 30, 2011. Thus Mr. Kampani will be the Chairman and Managing Director of the Company. The Company has now informed the Exchange that Mr. Nimesh N Kampani's appointment as Managing Director of the Company is for the period May 28, 2008 to March 31, 2011 and not for the period May 28, 2008 to September 30, 2011
Labels: JM Financial Ltd
Engineers India declares dividend
Engineers India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on June 03, 2008 has recommended 70% as final dividend on the paid up share capital. The total dividend for the year 2007-2008 works out at 110% of paid up share capital including an interim dividend @ 40%. The above is subject to the approval of shareholders in AGM.
Labels: Engineers India
Bombay Rayon fashions receives approvals
Bombay Rayon Fashions Ltd has informed that the Company is setting up the manufacturing units in the integrated Textile Parks at Islampur & Latur for which concerned SPVs has received approvals from the Ministry of Textiles of Government of India sanctioning the Project under the Scheme for Integrated Textile Park (SITP) entitling to get subsidy of 40% of total infrastructure cost for setting up the same by the SPVs.
Labels: Bombay Rayon Fashions
Punj Lloyd acquires majority stake in Technodyne
Punj Lloyd Ltd has informed the Punj Lloyd Group has acquired a strategic 74% stake in Technodyne International Ltd, Eastleigh, UK.
Labels: Punj Lloyd
Sardar Sarovar Nigam bonds now listed
Sardar Sarovar Narmada Nigam Ltd has informed that the Deep Discount Bonds issued through public issue during 1993 is got listed on the Stock Exchange for trading.
Labels: Sardar Sarovar Narmada Nigam
SRF - Buyback details
Enam Securities Pvt Ltd ("Manager to the Buyback") on behalf of SRF Ltd ("Target Company") has issued this Public Announcement ("PA") to the equity Shareholders / Beneficial Owners of the Target Company, pursuant to the provisions of Regulation 8(1) read with Regulation 15 (c) of the SEBI (Buyback of Securities) Regulations, 1998 for the time being in force including any statutory modifications & amendments from time to time ("Buyback Regulations") & contains the disclosures as specified in Schedule II to these Buyback Regulations.
The Buyback:
- The Target Company hereby announces the buy-back of its own fully paid-up equity shares of the face value of Rs 10/- each ("Shares") from the existing owners of Shares of the Company from the Open Market through Stock Exchanges using the nationwide electronic trading facilities of the Bombay Stock Exchange Ltd ("BSE") and / or the National Stock Exchange of India Ltd ("NSE") (together "Stock Exchanges") in accordance with the provisions of Sections 77A, 77AA, 77B & all other applicable provisions, if any, of the Companies Act, 1956 (the "Act") and the Securities & Exchange Board of India (Buy-back of Securities) Regulations, 1998 (the "Buy-back Regulations") & the relevant provisions of the Memorandum of Association & Articles of Association of the company subject to approval/s as may be necessary, from time to time from Statutory authorities including but not limited to Securities & Exchange Board of India, stock exchanges, Reserve Bank of India etc. as required at a maximum price not exceeding Rs 160 per equity share ("Maximum Buyback Price") payable in cash, for an aggregate amount not exceeding Rs 700 million ("Buyback Size"). The Buyback Size represents 9.60% of the aggregate of the Company's paid-up equity capital and eligible free reserves as on March 31, 2008 (the date of the latest standalone audited accounts) which is within the maximum permissible limit of 10% of the paid-up equity capital & eligible free reserves. The aggregate paid up capital & free reserves of the Company as at March 31, 2008 is 7289.84 million.
- The actual number of equity shares to be bought back would depend upon the average price paid for the equity shares bought back and the amount deployed in the Buyback in accordance with the resolution passed by the Board of Directors of the Company on April 25, 2008.
- The maximum Buyback price offers a premium of 15.07% & 15.11% over the closing prices on the BSE & NSE respectively prevailing on the date of the Board Meeting held on April 25, 2008 approving the Buyback.
- The amount required by the Company for the said BuyBack will be out of current surplus and/or cash balances and/or internal accruals of the company. Though the Company does not propose raising debt for effecting the Buyback, it may continue to borrow funds in the ordinary course of its business.
Schedule of activities:
Board Meeting approving "The Buyback" - April 25, 2008.
Date of Public Notice in compliance with Regulation 5A of the Buyback Regulation - April 27, 2008
Date of Opening of the Buyback* - June 16, 2008
Acceptance of Shares - Within 15 days of the relevant payout dates of the Stock Exchanges
Extinguishment of Shares - Within 15 days of acceptance as above.
Last Date for the Buyback - April 24, 2009 (i.e. 12 months from the date of the resolution passed by the Board of Directors of the Company at its meeting held on April 25, 2008) or when the Company completes the Buyback to the extent of Rs 700 million or such earlier date as may be decided by the Company at anytime even if the maximum limit of Buy-back of shares has not been reached (by giving appropriate notice for such earlier date, if any) whichever is earlier.
*subject to SEBI approval, if any
All payment obligations related to the Buyback shall be completed by the last date for the Buyback.
Labels: SRF Ltd
May 9, 2008
MIC Electronics stock split details
MIC Electronics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 19, 2008, to consider and to decide the sub-division of face value of an equity share of Rs 10/- each of the Company into 5 equity shares of Rs 2/- each and amendment of Capital clause of Memorandum of Association consequent to subdivision of shares, subject to the approval of the Shareholders.
Indiabulls Real Estate - Acquisition of 100% ordinary shares of Dev Property Development Plc. by Indiabulls Real Estate Ltd
Indiabulls Real Estate Ltd has informed BSE that in continuation of the intimation sent by the Indiabulls Real Estate Ltd ("Company") on February 28, 2008 and May 07, 2008 in relation to the proposed investment and / or purchase of up to 100% of the ordinary shares in Dev Property Development Plc. ("DPD Shares") an Isle of Man registered Company listed on the London Stock Exchange's AIM ("DPD"), by issuance of new ordinary shares of the Company ("New IBREL Shares") represented by Global Depository Receipts ("GDRs") listed on the Luxembourg Stock Exchange's Euro MTF. The proposed investment and/or purchase of the DPD Shares by issuance of GDRs was to be implemented by way of a court approved scheme of arrangement under section 152 of the Isle of Man Companies Act 1931 ("Scheme").
Further the Company has informed that as informed earlier, the relevant court under the Isle of Man Companies Act 1931 has sanctioned the Scheme on May 07, 2008 and accordingly approved the acquisition of 100% ordinary shares of DPD by the Company.
Kotak Mahindra Bank announces Q4FY08 Results
Kotak Mahindra Bank Ltd has announced the following results for the quarter & year ended March 31, 2008:
The Unaudited results for the Quarter ended March 31, 2008
The Bank has posted a net profit of Rs 692.08 million for the quarter ended March 31, 2008 as compared to Rs 372.59 million for the quarter ended March 31, 2007. Total Income has increased from Rs 5210.68 million for the quarter ended March 31, 2007 to Rs 8030.21 million for the quarter ended March 31, 2008.
The Audited results for the Year ended March 31, 2008
The Bank has posted a net profit of Rs 2939.33 million for the year ended March 31, 2008 as compared to Rs 1413.66 million for the year ended March 31, 2007. Total Income has increased from Rs 16377.59 million for the year ended March 31, 2007 to Rs 29988.28 million for the year ended March 31, 2008.
The Consolidated results are as follows:
The Unaudited consolidated results for the Quarter ended March 31, 2008
The Group has posted a profit after tax of Rs 2401.00 million for the quarter ended March 31, 2008 as compared to Rs 1703.30 million for the quarter ended March 31, 2007. Total Income has increased from Rs 14232.77 million for the quarter ended March 31, 2007 to Rs 18625.08 million for the quarter ended March 31, 2008.
The Audited consolidated results for the Year ended March 31, 2008
The Group has posted a profit after tax of Rs 9912.27 million for the year ended March 31, 2008 as compared to Rs 5382.42 million for the year ended March 31, 2007. Total Income has increased from Rs 42939.53 million for the year ended March 31, 2007 to Rs 75493.91 million for the year ended March 31, 2008.
Asian Paints allows Q4FY08 Results
Asian Paints Ltd has announced the following results for the quarter & year ended March 31, 2008:
The Audited results for the Quarter ended March 31, 2008
The Company has posted a net profit after prior period items of Rs 848.40 million for the quarter ended March 31, 2008 as compared to Rs 711.60 million for the quarter ended March 31, 2007. Total Income has increased from Rs 7402.60 million for the quarter ended March 31, 2007 to Rs 8797.10 million for the quarter ended March 31, 2008.
The Audited results for the Year ended March 31, 2008
The Company has posted a net profit after prior period items of Rs 3752.00 million for the year ended March 31, 2008 as compared to Rs 2720.50 million for the year ended March 31, 2007. Total Income has increased from Rs 28617.40 million for the year ended March 31, 2007 to Rs 34787.40 million for the year ended March 31, 2008.
The Consolidated results are as follows:
The Unaudited consolidated results for the Quarter ended March 31, 2008
The Group has posted a net profit attributable to shareholders of Rs 945.20 million for the quarter ended March 31, 2008 where as the same was at Rs 666.10 million for the quarter ended March 31, 2007. Total Income is Rs 11464.00 million for the quarter ended March 31, 2008 where as the same was at Rs 9725.60 million for the quarter ended March 31, 2007.
The Audited consolidated results for the Year ended March 31, 2008
The Group has posted a net profit attributable to shareholders of Rs 4091.80 million for the year ended March 31, 2008 where as the same was at Rs 2810.30 million for the year ended March 31, 2007. Total Income is Rs 44662.80 million for the year ended March 31, 2008 where as the same was at Rs 37072.20 million for the year ended March 31, 2007.
Asian PPG Industries Ltd., a joint venture of the Company had acquired '2K Business' from ICI Paints on March 16, 2007. Financials for 2007-08 include profit and sales from '2K Business' and hence the figures are strictly not comparable in the above results for the year ended March 31, 2008.
Matrix Laboratories updates
"Mylan Inc., USA, (Mylan) the ultimate holding Company of Matrix Laboratories Ltd (Matrix) has reported today (8th May, local time), the unaudited interim consolidated financials of Mylan for the quarter ended March 31, 2008 under US GAAP reporting, which inter alia included the following unaudited details of Matrix.
Revenues for the three months ended March 31, 2008 (on a US GAAP basis) of US $ 103 million, including third party sales of US $ 87.6 million.
Further note that financial results of Matrix for the quarter ended / year ended March 31, 2008 are yet to be reported under Indian GAAP and the above information is as reported as Mylan, which is being forwarded to your by Matrix for your information.
Further also note that Indian GAAP and U.S. GAAP differ in certain significant respects, and the US GAAP figures reported above may not be indicative of the results under Indian GAAP."
May 8, 2008
3i Infotech acquires strategic stake
3i Infotech Ltd has informed that the Company has acquired a strategic stake of 26% in M/s. Locuz Enterprise Solutions Ltd (Locuz) with a commitment to acquire remaining stake over a period. Locuz is a Hyderabad based Company and is a specialist in IT Infrastructure solutions and services with acknowledged expertise in High Performance Computing, Tiered Storage, Information Security and IP Convergence Solutions.
Revathi Equipment acquires Bangalore company
Revathi Equipment Ltd has informed BSE that the Company has acquired 70% in the equity capital of Semac Pvt Ltd, Bangalore, a Company providing Engineering design solutions for industrial / commercial and infrastructure constructions, for a consideration of Rs 45.50 Crores. Semac serves its customers from its offices spread over Bangalore, Delhi, Hyderabad and Middle East.
Electrotherm India recommends dividend
Electrotherm India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 08, 2008, inter alia, has recommended a dividend @ 6% i.e. Rs 0.60 per share on 6% Non-Cumulative Preference Shares and dividend @ 25% i.e. Rs 2.50 per share on equity shares subject to approval of members at the Annual General Meeting.
April 4, 2008
Cyber Media and United Business Media merge
Cyber Media India Ltd has informed the following Press Release:
"United Business Media LLC (UBM) & Cyber Media India Ltd on April 04, 2008 has announced that Cyber Media has acquired the entire equity in UBM-CyberMedia LLC for an undisclosed sum and that the business will become a wholly-owned unit of CyberMedia doing business as CyberMedia LLC. UBM LLC will continue to provide services to support and enhance the products and services being delivered by CyberMedia.
Formerly a 50:50 JV, UBM-CyberMedia LLC has been publishing a monthly magazine Global Services, a website www.globalservicesmedia.com and produces events for the global outsourcing and off-shoring community. All products and services are published under the brand name of Global Services and endeavor to facilitate the global outsourcing industry by providing information and relevant platforms for buyers and sellers of professional services. Launched in February 06, the magazine has a print order of 30,000 amongst buyers of professional services in North America and Western Europe; the website attracts 21,000 unique and relevant professionals every month; and the joint venture has conducted close to 10 successful events bringing together this community. "The response from our primary stakeholders (readers and advertisers) indicates that this platform has been very successful, and has achieved its objective in less than 18 months. Going forward. our focus will be to ensure that the Company increase interaction between this community by stepping up our online and events activities. The Company will also step up our presence in Western Europe through the online medium" said Hoshie Ghaswalla, Managing Director, Global Services.
The Global Services team will continue to remain co-located in the United States and India. It has a presence in other service provider and buyer geographies through a network of freelancers and consultants and this will be strengthened in the immediate future.
"CyberMedia is the largest specialty media player in South Asia and has embarked on a global expansion plan - Acquiring the entire equity in this joint venture is a part of this larger plan to ensure that CyberMedia's global footprint in the specialty media space" said Pradeep Gupta, Chairman CyberMedia Group."
Labels: Cyber Media
I-flex to change its name Oracle Financial Services
i-flex Solutions Ltd has announced that the Board of Directors of the Company at its meeting held on April 04, 2008 has approved a proposal to change the name of i-flex solutions Ltd to Oracle Financial Services Ltd, subject to regulatory and shareholder approvals.
The proposed new name reflects the Company's close strategic and operational alignment with its parent, Oracle Corporation, which owns 81 percent of the Company. Oracle is the #1 enterprise software provider and counts 10 of the top 10 banks, insurance Companies and securities firms among its more than 8,500 financial services customers across 145 countries.
The new "Oracle Financial Services" brand represents:
• The industry's most comprehensive range of packaged software and services solutions for financial services across banking, capital markets, and insurance-all from Oracle.
• Deep domain expertise in the financial services industry coupled with world-class software development and support experience
• A unique combination of integrated and best-of-breed business solutions for the industry
• A business process-oriented approach that aligns IT initiatives with business requirements and enables an evolutionary transformation of IT infrastructure
• A strong commitment to open systems and industry standards, helping to ensure interoperability
• A partner-oriented approach that enables partners to deliver increased value around the solutions offered by Oracle Financial Services
The new branding strategy demonstrates the synergies of scale, resources, expertise and efficiency across the two organizations. The current management team under N.R.K. Raman, CEO and Managing Director, will continue to run the operations of the Company.
"The new branding reflects the importance that Oracle attaches to the financial services sector," said Charles Phillips, Oracle President and Director of i-flex solutions Ltd., "Oracle Financial Services Ltd will be a focal point for Oracle's investment in innovation and leadership in financial services, and we are delighted to put the power and credibility of the Oracle brand behind this strategic initiative."
"Our new corporate identity represents a unique combination of the industry-leading solutions portfolio and deep domain expertise of i-flex and the global capability, credibility, scale and technology leadership embodied by the Oracle brand, coming together to deliver comprehensive solutions to financial institutions around the world," said Rajesh Hukku, Chairman, i-flex solutions Ltd., and General Manager, Oracle Financial Services Global Business Unit.
N R K Raman, CEO & Managing Director, i-flex solutions Ltd., also commented, "The new identity will enable us to better leverage the global reach, infrastructure and brand visibility of Oracle to accelerate our growth. This is an important enabler of our mission to help financial institutions around the world excel through the effective use of information technology."
Nettlinx applise for broadcasting license
Nettlinx Ltd has informed that one of the Company's 100% wholly owned subsidiary Company i.e. M/s. Nettlinx Channel Pvt Ltd, Hyderabad applied to Ministry of I&B for the License to set up Broadcasting Teleport and T.V. Channels.
As per one of the conditions stipulated under Foreign Exchange Management Act, the holding Company can not holding more than 24% of Foreign Share Holding. In this connection the Company bring to notice that the Company is having Foreign shareholding of 1.05% as on August 17, 2007.
As per the request of Foreign Exchange Management Act, the Company undertake that foreign shareholding in the Company i.e. M/s Nettlinx Ltd will be Freezed at 24%.
Labels: Nettlinx
Religare Enterprises to acquire Hichens Harrison
Religare Enterprises Ltd has informed that Board of Religare Enterprises Ltd (REL), Religare Capital Market Pvt Ltd (100% subsidiary of REL) and Hichens Harrison announce that they have reached an agreement on the terms of recommended cash offer for the whole of the Issued and to be issued share capital of Hichens, Harrison & Co. UK.
In this regard the Company has issued the following pres release:
"The Boards of Religare Enterprises Ltd (REL), Religare Capital Markets Ltd (RCML) - (100% Subsidiary of REL) and Hichens Harrison announce that they have reached agreement on the terms of a recommended cash offer for the whole of the issued and to be issued share capital of Hichens Harrison. RCML, intends that, following the approval of the Reserve Bank of India the Offer will be made by a newly incorporated wholly-owned subsidiary of RCML.
The offer is at 285 pence per share cash and values Hichens Harrison at approximately £55.5 million, assuming the exercise of all outstanding Hichens options, representing a multiple of 13.1 times Hichens basic earnings per share for the 12 months ended December 31, 2007.
The Hichens Directors unanimously recommend that all Hichens shareholders accept the Offer, as those Hichens Directors who hold Hichens shares have irrevocably undertaken to do so in respect of their own beneficial holdings, amounting to a total of 2,293,750 Hitchens shares representing in aggregate approximately 13.2% of the existing share capital of Hichens.
In addition certain - other shareholders of Hichens representing 6,720,270 shares approximately 38.66% have also given irrevocable undertakings to accept the Offer.
RCML has also received irrevocable undertakings to accept the Offer in respect of 1,054,698 Hichens Shares, representing approximately 6.07 per cent. of the existing issued share capital. These irrevocable are not binding in the event of a competing offer by a third party which is 10 per cent higher than the Offer.
Accordingly RCML has received in aggregate irrevocable undertakings to accept the Offer of 10,068,718 shares representing approximately 57.93%.
RCML is a wholly-owned subsidiary of Religare Enterprises Ltd (REL), the Indian listed financial services institution that offers a wide range of financial services. REL is listed on the Bombay Stock Exchange and the National Stock Exchange of India and has a market capltailsation of 350 million.
Shachindra Nath, Group COO of REL as Director of RCML commented:
"With the continued growth in the Indian economy, it is likely that a large number of investment opportunities to global institutional investors will be generated. We believe that as a large financial services institution, Religare could play a leading role in this growing market.
The acquisition of Hichens provides Religare with the opportunity of creating a global distribution and execution platform within emerging countries. We are very excited to incorporate Hichens into the REL Group and are confident that we will be able to protect its heritage. The association with Hichens will surely help the Group to emerge as a global player in the financial services market.
About Hichens Harrison & Co. plc
Hichens, Harrison & co. plc is the oldest firm of stockbrokers in the City. The firm was founded by Robert Hichens and was in business in July 1803, shortly after The Stock Exchange was first constitutionally formed. Over the years, the firm's partners have taken an active role in the development of the Stock Exchange, serving both as Chairmen and on the Council.
Unlike most brokers, Hichens, Hanison is not an amalgamation of a large number of firms. No other City stock broking firm has previously survived 200 years in almost its original format and few, if any, will do so in future because of the rapidly changing corporate structures.
Labels: Religare Enterprises
Infotech Enterprises announces MoU with Cipet
Infotech Enterprises Ltd has announced that the Company has signed an MOU with CIPET (Central Institute of Plastics Engineering and Technology). The MOU was signed by Mr. B.V.R. Mohan Reddy, Chairman and Managing Director, Infotech Enterprises Ltd and Mr. P Poomalai, Dy. Director, CIPET, Hyderabad.
This is the first ever MOU to be signed by Infotech with an institute which specializes in Plastics. The primary objective of this MOU is to jointly work for the purpose of enhancing the quality of technical education imparted to students of CIPET the field of CAD, CAM & CAE, in related Mechanical, Aeronautical and other branches associated to the nature of works carried out by Infotech. This MOU is valid for a period of three years.
The scope of the collaboration envisages increasing the employability of students by offering internship on live projects at Infotech, conducting special technical lectures by Infotech senior practioners for students at campuses, conducting soft skills development programmes and working with CIPET management towards strengthening the curriculum to align the industry requirements with the institute.
On the occasion of signing the MOU, Mr. B.V.R. Mohan Reddy, Chairman and Managing
Director, Infotech Enterprises Ltd said, "This is a mutually rewarding partnership for
Infotech and CIPET. For CIPET this relationship will ensure that Students are readily
employable and for Infotech creates much needed capacity of quality Engineering Talent."
Mr. B Ashok Reddy, President Global Human Resources and Corporate Affairs, Infotech Enterprises Ltd said, "Besides offering programs on soft skills, we would encourage our senior technical executives to spare their time in imparting knowledge on the latest developments in Technology through a visiting faculty program".
Labels: Infotech Enterprises Ltd
Reliance Energy continues buyback of shares
Reliance Energy Ltd has informed that the Company on April 03, 2008 has bought-back 2,00,000 equity shares of the Company.
Since the commencement of the buy-back on March 25, 2008, the Company has so far bought back 13,80,000 equity shares aggregating Rs 174.56 crore.
The Board of Directors of the Company has approved buy-back of equity shares of the Company up to an aggregate amount of Rs 800 crore.
Labels: Reliance Energy
Geometric to showcase DRAPED methodology
Geometric Ltd has announced that the Company will be showcasing its unique D.R.A.P.E.D.™ methodology for accelerated PLM adoption at the Technology Solutions Expo, Miami from 8-10 April 2008.
Technology Solutions Expo is the premier exposition for information technology organized by the American Apparel & Footwear Association. It offers the latest innovations and best practices for the apparel and other sewn product industries. It is held in conjunction with Material World, the premier fabric, trims and sourcing trade event.
Today, fashion brands, retailers and manufacturers are increasingly investing in PLM solutions to achieve greater collaboration, visibility and standardization across their enterprise and the extended eco-system. PIM helps them accelerate the pace of product development and bring newer products to market much faster.
Geometric's unique D.R.A.P.E.D. methodology has been developed to ensure quick realization of the benefits from PLM investment for the fashion (apparel, footwear, jewelry and accessories) industry. D.R.A.P.E.D., an acronym for Define - Rationalize - Attest - Propose -Execute - Deploy, is a six stage graded methodology. Geometric has successfully accelerated PLM adoption by 20-25% across various implementations, thus demonstrating value delivered by this methodology. The PLM Adoption Maturity Level (AML) framework within D.R.A.P.E.D. facilitates an assessment of the customers’ current maturity, based on which, strategies and a detailed improvement roadmap can be charted out for a phased implementation.
At Technology Solutions Expo, Atul Dhakappa, Practice Head for Fashion Solutions will be making a presentation on leveraging D.R.A.P.E.D. to help organizations "go-live with PLM in the same season". The presentation is scheduled for April 9, 2008 at 2 pm in the Technology Solutions Theater. Geometric will be showcasing its offerings in the fashion domain at booth #230.
With significant experience in developing PLM products for fashion for five leading software OEMs and implementing PLM solutions for several end-customers, Geometric has been delivering value to fashion brands, retailers, and manufacturers. Geometric offers solutions for PLM adoption as well as Outsourced Product Development (OPD) for the Fashion industry.
Labels: Geometric Software Solutions
SREI Infrastructure Finance announces JV with BNP Paribas
SREI Infrastructure Finance Ltd has informed that the Joint Venture ("JV") between SREI Infrastructure Finance Ltd ("SREI") and BNP Paribas Lease Group which was announced last year, will start operations as of April 03, 2008. SREI, one of the leading equipment finance Companies in India, specialized in the infrastructure sector, had entered with BNP Paribas Lease Group, a 100% BNP Paribas subsidiary focused on equipment financing — related services, into an agreement wherein the asset finance division of SREI is brought into a newly formed JV. The operation has been made through a reserved capital increase for BNP Paribas Lease Group towards its acquisition of a 50% stake in the JV whilst SREI remains holder of the remaining 50% of the equity capital.
BNP Paribas Lease Group brings to the JV its specialized equipment finance skills, its international experience combined with the global strength of BNP Paribas. The JV will also benefit from the significant brand value that SREI has already created in the Indian infrastructure equipment sector.
SREI is already the largest player in the financing of infrastructure equipment in India and the partnership with BNP Paribas Lease Group is aimed at increasing further the leadership of the business in its core market whilst expanding the product line further into financing of agriculture, information technology and medical and other equipment. Furthermore, this partnership is also expected to result in a reduction in the cost of funding the operations.
The JV has received all necessary legal and statutory clearances.
Speaking on this occasion, Hemant Kanoria, Vice Chairman & Managing Director of SREI, said "This joint venture between BNP Paribas, one of the largest global banking institutions, and SREI will result in strengthening one of the strong equipment financing institutions which would immensely benefit all stakeholders. In SREI's journey towards being the largest infrastructure financial institution with all financial products and services, it is an important milestone. With this, our asset base as a group will multiply into billions of dollars."
Labels: SREI Infrastructure Finance
SRF announces commissioning of Wind Turbine Generators
SRF Ltd has informed that 6 Wind Turbine Generators have been commissioned in Tamil Nadu as on March 31, 2008. These will produce in aggregate 9.3 MW wind captive consumption of the Company.
The remaining 3 Wind Turbine Generators for a capacity of 4.65 MW are under commissioning.
Labels: SRF Ltd
Dr Reddy's acquires Jet Generici Srl. Acquisition to establish Generics business in Italy
Dr Reddys Laboratories Ltd on April 03, 2008 has announced that it has acquired Jet Generici Sri, a Company engaged in the sale of generic finished dosages in Italy. The deal has been completed via Dr Reddy's Italian subsidiary, Reddy Pharma Italia SpA, which has been engaged in building a pipeline of registrations since its incorporation. The acquisition provides access to an essential product portfolio, a pipeline of registration applications, and a sales and marketing organisation. Financial terms and conditions of the transaction are not being disclosed.
Commenting on the acquisition, Mr. VS Vasudevan, President & Head - Europe Operations said, "Dr Reddy's has taken a significant step forward by establishing its business in the third largest pharmaceutical market in Europe. The acquisition has been well timed, since Dr Reddy's will be able to immediately supplement the Jet Generici portfolio via its own pipeline. We already have registration for one significant Dr Reddy's product, and a strong pipeline of registration applications. We believe that this strategic investment will generate substantial opportunities for long-term value creation in one of the fastest growing generic markets of the world."
Labels: Dr Reddy's Labs
Bharat Electronics announces provisional results
Bharat Electronics Ltd (BEL) has announced that the Company has recorded a turnover of Rs 4114 crores (provisional) for the year 2007-2008 as against last year’s turnover of Rs 3952 crores.
The estimated Profit Before Tax is Rs 1109 crores, as against last year's figure of Rs 1052 crores. BEL achieved exports of US $15.4 million, which is an increase of 32 per cent over last year's figure of US $11.6 million. The turnover per employee for 2007-08 is Rs 33.26 lakhs as against last year's figure of Rs 31.99 lakhs while the value added per employee for 2007-08 is Rs 15.5 lakhs as against last year's figure of Rs 14.5 lakhs.
The order book as on April 01, 2008, is estimated to be around Rs 9,450 crores. Some of the significant orders executed during the year include supply of STARS V Frequency Hopping, a VHF manpack transreceiver; Advanced Land Navigation System for tanks; a command control system for the Artillery Wing of the Indian Army; Central Acquisition Radar for the Air Force; Passive Night Vision Device (both monocular and binocular); and Doppler Weather Radar for prediction of meteorological data.
More than 20 new products were introduced and supplied during the year. The new products
include GMD Mark II, a laser-based gap measuring device; Doppler Weather Radar;
Operations Cabin, a type of shelter used by the Army; Eye Safe Laser Range Finder; and
Optronic Pedestal, an opto electronic sensor and control system for the Navy
Labels: Bharat Electronics
March 27, 2008
Satyam & Pegasystems Expand Partnership; Establish First-of-its-Kind Pega BPM Center of Excellence in Malaysia
Satyam Computer Services Ltd on March 27, 2008 has announced the establishment of a Pega Business Process Management Center of Excellence (CoE) at its 2000-seat Global Solutions Center (GSC) at Cyberjaya, Malaysia. Satyam teamed with US-based business software maker, Pegasystems Inc., (NASDAQ: PEGA) to create the facility.
Satyam will leverage the capabilities of Pegasystems SmartBPM® Suite to drive business agility, grow revenue, and improve productivity for its global customers. Pega, the market leader in BPM software, introduced its latest version of SmartBPM in February at Gartner's BPM Summit in Las Vegas.
The CoE will develop unique frameworks and methodologies to implement BPM solutions featuring Pega. These will result in speedier, more flexible options that will facilitate development, testing, implementation, and maintenance. In addition, customers of Satyam and Pega-some of the most sophisticated organizations in the world-will gain the agility to respond rapidly to changing market conditions.
"Pega continues to drive the BPM market with its robust products and innovative ability to bring competitive advantage to its customers," said Sriram Krishnan, senior vice president of Satyam's Consulting and Enterprise Solutions Practice. "The new capabilities for capturing business requirements directly in the tool are revolutionary, and significantly increase the efficiency with which applications are delivered. These capabilities also reflect business objectives more accurately. We are pleased to launch the Pega BPM CoE, and look forward to implementing these robust applications for our customers."
Satyam has had a global strategic partnership with Pegs since 2003, and provides consulting and implementation services on SmartBPM, notably design and delivery of industry solutions for insurance, healthcare, banking, and financial services customers.
Satyam also helps Companies use the tool to create horizontal business solutions for key processes; integrated Pegs solutions with SOA, ECM, and EAI technologies; and compliance solutions for fraud detection, anti-money laundering, and Sarbanes-Oxley. The organization provides full architecture, design, and delivery of Smart Pega applications by leveraging its methodologies and design principles for reuse, and to provide onsite-offshore delivery through a team of more than 500 BPM consultants.
"Satyam has consistently proven itself to be a reliable, scalable partner in delivering Pega solutions to our joint customers. This investment by Satyam further complements our growth plans for Asia", said Luke McCormack, Managing Director of Asia Pacific for Pegasystems. "Satyam's rapid ability to embrace new technologies and quickly leverage these industry advances to benefit its customers is the essence of a mature consulting and systems integration Company. We are proud of our longstending relationship with Satyam."
In addition, establishment of the CoE is evidence of Satyam's commitment to making Malaysia a software development hub. These efforts support Satyam's Global Delivery Model 2.0 (GDM), an integral part of its strategy to provide a distributed delivery capability for global customers via an alternative, multi-country workforce.
"Pega is one of our key practice partners and we are pleased to have them join our Malaysia GSC, a strategic part of our global delivery model," said Virender Aggarwal, Satyam's director and Senior vice president, Asia Pacific, Middle East, India, and Africa.
Specifically, Aggarwal said, Satyam has "leveraged Malaysia's world-class infrastructure to build a pool of impressive IT talent since 2001. Today, we have approximately 500 associates in the GSC, two-thirds of whom are Malaysians. The rapid strengthening of our Malaysian operations has bolstered our GDM and in turn, our international expansion. Pega will benefit similarly from its participation."
"We are delighted that Satyam is committed in its quest to grow its Global Solutions Center here in Malaysia, said "Multimedia Development Corporation (MDeC) CEO Dato' Badlisham Ghazali. "Satyam has always had a key presence in MSC Malaysia, and MDeC will continue to support Companies that show confidence in the country. We hope to provide the capacity and capability to meet to the very high standards of the Pega BPM CoE, so that it can deliver high-quality service to its clients globally."
Moreover, Aggarwal said, Satyam is committed to growing its presence in Malaysia as it embarks on an aggressive expansion initiative. "We plan to make Malaysia our largest software development hub outside of India over the next few years."
Labels: Satyam Computer Services