Trading Members of the Exchange are hereby informed that effective from December 31, 2007, the equity shares of Brigade Enterprises Ltd (Scrip Code: 532929) are listed and admitted to dealings on the Exchange in the list of A Group Securities. For further details please refer to the notice no 20071228-1 & 20071228-19 dated December 28, 2007.
Monday, December 31, 2007
Sun Pharma Advanced - Allotment Of Equity Shares Against Conversion Of Fccbs
Sun Pharma Advanced Research Company Ltd has informed that pursuant to clause 10.2 of the Scheme of Arrangement for Demerger sanctioned by the Honourable High court of Gujarat vide its order dated March 01, 2007 issued on March 28, 2007 and as per the Supplementary Trust Deed dated May 18, 2007, entered into by the Company with Sun Pharmaceutical Industries Ltd and Citicorp Trustee Co. Ltd, the Foreign Currency Convertible Bond holders of Sun Pharmaceutical Industries Ltd (SPIL), are entitled to One Equity Share of Re 1/- each of the Company for every Equity Share of Rs 5/- each of SPIL allotted to them on exercise of conversion option of Foreign Currency Convertible Bonds (FCCBs) of USD 1000 each held by them.
Accordingly, the Committee of Directors (Allotment) of the Company at its meeting held on December 29, 2007 has allotted 3,39,439 (Three Lakhs Thirty Nine Thousand Four Hundred and Thirty Nine) Equity Shares of Re 1/- each to the bondholders of SPIL upon exercise of option of conversion for 5,500 Zero Coupon Foreign Currency Convertible Bonds of US $ 1000 each (FCCB) of SPIL held by them.
Consequently, the paid up Equity Share Capital of the Company has increased from 20,11,07,176 Equity Shares of Re 1/- each to 20,14,46,615 Equity Shares of Re 1/- each,as of date.
Accordingly, the Committee of Directors (Allotment) of the Company at its meeting held on December 29, 2007 has allotted 3,39,439 (Three Lakhs Thirty Nine Thousand Four Hundred and Thirty Nine) Equity Shares of Re 1/- each to the bondholders of SPIL upon exercise of option of conversion for 5,500 Zero Coupon Foreign Currency Convertible Bonds of US $ 1000 each (FCCB) of SPIL held by them.
Consequently, the paid up Equity Share Capital of the Company has increased from 20,11,07,176 Equity Shares of Re 1/- each to 20,14,46,615 Equity Shares of Re 1/- each,as of date.
Tata Teleservices - Allotment Of Equity Shares Pursuant To Conversion Of Fccbs
Tata Teleservices Maharashtra Ltd has informed that the Finance Committee of the Board of Directors of our Company has approved the issue and allotment of an aggregate of 22,21,406 Equity Shares of Rs 10/- each to the investor/s who have exercised their right to convert FCCBs of USD 1,225,000 held by them into Equity Shares. The Equity Shares have been issued and allotted at a premium of Rs 14.49 per Equity Share (i.e., at a Issue Price of Rs 24.49 per share} in accordance with the terms of the FCCB Issue. Previously the conversion price was Rs 24.96 per share according the terms of the issue, it got adjusted to Rs 24.49 per share after the rights issue of shares of the Company in January 2007. The deemed date of allotment of the Equity Shares is December 28, 2007
It may not be out of place to mention that out of the total FCCBs of USD 125 million issued by the Company in June 2004, FCCBs aggregating USD 109.594 million have so far been converted into 19,65,71,752 equity shares (including this 20th Tranche) of the Company.
Tata Group holding stands marginally reduced to 65.77% as a consequence of the above-referred allotment.
It may not be out of place to mention that out of the total FCCBs of USD 125 million issued by the Company in June 2004, FCCBs aggregating USD 109.594 million have so far been converted into 19,65,71,752 equity shares (including this 20th Tranche) of the Company.
Tata Group holding stands marginally reduced to 65.77% as a consequence of the above-referred allotment.
Reliance Communications - Allotment Of Equity Shares On Conversion Of Fccbs
Reliance Communications Ltd has informed that the Allotment Committee of the Board of Directors of the Company has, pursuant to requests received from the holders of Zero Coupon Foreign Currency Convertible Bonds (FCCBs) of USD 1,000 each, allotted 6,92,366 equity shares of Rs 5 each at a predetermined premium of Rs 475.68 per equity share on December 29, 2007.
The allotted equity shares as aforesaid shall rank pari passu in all respect with the existing equity shares of the Company and shall be entitled for full dividend, if declared for the financial year 2007-08.
Consequent upon the said allotment, the paid-up capital of the Company stands increased to 206,28,71,367 fully paid-up equity shares of Rs 5 each.
The allotted equity shares as aforesaid shall rank pari passu in all respect with the existing equity shares of the Company and shall be entitled for full dividend, if declared for the financial year 2007-08.
Consequent upon the said allotment, the paid-up capital of the Company stands increased to 206,28,71,367 fully paid-up equity shares of Rs 5 each.
Listing Of Equity Shares Of Eclerx Services Ltd
Trading Members of the Exchange are hereby informed that effective from December 31, 2007, the equity shares of eClerx Services Ltd (Scrip Code: 532927) are listed and admitted to dealings on the Exchange in the list of B1 Group Securities. For further details please refer to the notice no 20071227-8 dated December 27, 2007.
Friday, December 28, 2007
Thursday, December 27, 2007
Wednesday, December 26, 2007
Tuesday, December 25, 2007
Monday, December 24, 2007
Saturday, December 22, 2007
Friday, December 21, 2007
Thursday, December 20, 2007
Wednesday, December 19, 2007
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Saturday, December 15, 2007
Friday, December 14, 2007
Thursday, December 13, 2007
Wednesday, December 12, 2007
Saturday, December 8, 2007
Thursday, December 6, 2007
Wednesday, December 5, 2007
Tuesday, December 4, 2007
Monday, December 3, 2007
Saturday, December 1, 2007
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