Genesys International : Allotment of equity shares - June 30, 2008

Genesys International Corporation Ltd has informed that the Board of Directors of the Company at its meeting held on June 28, 2008, has approved the allotment of 29,55,000 Equity Shares of Rs 10/- each at a premium of Rs 9/- per Equity Share to Mr. Sohel Malik, Promoter and Executive Director of the Company.Mr. Sohel Malik was allotted 35,30,000 Warrants on preferential basis in the month ofJanuary 2007, out of which, 5,75,000 Warrants were converted into 5,75,000 Equity Shares in the month of March 2007.

The aforesaid allotment of 29,55,000 Equity Shares arises on conversion of outstanding 29,55,000 Warrants.

Post allotment, the Paid up Equity Share Capital of the Company comprises of 1,45,23,756 Equity Shares of Rs 10/- each aggregating to Rs 14,52,37,560/-.

Listing Of Equity Shares Of MVL Ltd - June 30, 2008

Trading Members of the Exchange are hereby informed that effective from June 30, 2008, the equity shares of MVL Ltd (Scrip Code: 532991) are listed and admitted to dealings on the Exchange in the list of B Group Securities. For further details please refer to the notice no 20080626-28 dated June 26, 2008.

Listing Of Equity Shares Of GMR Ferro Alloys & Industries Ltd - June 30, 2008

Trading Members of the Exchange are hereby informed that effective from June 30, 2008, the equity shares of GMR Ferro Alloys & Industries Ltd (Scrip Code: 532990) are listed and admitted to dealings on the Exchange in the list of B Group Securities. For further details please refer to the notice no 20080626-8 dated June 26, 2008.

Glenmark Pharmaceuticals : Allotment Of Shares - June 28, 2008

Glenmark Pharmaceuticals Ltd has informed that the Board of Directors of the Company, at its Operations Committee Meeting held on June 27, 2008, allotted 30,600 shares to the employees of the Company on exercise of options granted to them pursuant to ESOS 2003.

Wipro - Allotment Of Equity Shares - June 27, 2008

Wipro Ltd has informed that Administrative Committee of the Companys Board of Directors vide their resolution dated June 20, 2008 resolved to issue and allot 5600 equity shares of Rs 2/- each pursuant to exercise of the stock options by the eligible employees under the Wipro Employee Stock Options Plan i.e. WESOP 2000.

Listing Of Equity Shares Of Bafna Pharmaceuticals Ltd - June 27, 2008

Trading Members of the Exchange are hereby informed that effective from June 27, 2008, the equity shares of Bafna Pharmaceuticals Ltd (Scrip Code: 532989) are listed and admitted to dealings on the Exchange in the list of B Group Securities. For further details please refer to the notice no 20080626-3 dated June 27, 2008.

Allcargo Global Board Recommends Final Dividend & Deferred Sub-Division Of Equity Shares - June 27, 2008

Allcargo Global Logistics Ltd has informed that the Board of Directors of the Company at its meeting held on June 26, 2008, inter alia, has considered and approved the following:

1. The issue and allotment of 2,103,080 equity shares of Rs 10 each fully paid of the Company to the members of Transindia Freight Services Pvt. Ltd in accordance with the Scheme of Arrangement.

2. Recommendation of final dividend @ 30% (Rs 3/- per equity share of Rs 10/- each), subject to approval of the members at the 15th Annual General Meeting.

3. Convening of the 15th Annual General Meeting of the Members of the Company on August 12, 2008.

4. Deferred the decision on sub-division (split) of nominal value of equity shares of Rs 10 each.

5. The capitalization of the joint venture Company to pursue marine infrastructure projects.

Bio Green Industries To Allot Equity Shares - June 26,2008

The board of Bio Green Industries has approved the allotment of 20,03,500 equity shares on preferential basis.

This was approved at the board meeting held on 26 June 2008.

Listing Of Equity Shares Of Rane Engine Valve Ltd - June 24 , 2008

Trading Members of the Exchange are hereby informed that effective from June 24, 2008, the equity shares of Rane Engine Valve Ltd (formerly known as Techcons Ltd) (Scrip Code: 532988) are listed and admitted to dealings on the Exchange in the list of B Group Securities. For further details please refer to the notice no 20080620-27 dated June 20, 2008.

Hindustan Unilever Ltd Allots Equity Shares - June 24, 2008

Hindustan Unilever Ltd has informed that the Committee of the Board at its meeting held on June 24, 2008, has allotted 65,070 Equity Shares of Re 1/- each under ESOP.Therefore, the paid-up capital of the Company has increased to 217,83,40,996 shares & the issued capital has increased to 220,85,76,768 shares.

Indus Networks Acquires Equity Shares - Jun 23, 2008

Indus Networks has acquired 32,000 equity shares of Rs 10 each constituting 69.57% of paid-up capital of Monica Broadcasting, a Hyderabad based company.

The company made this announcement during the trading hours today, 23 June 2008.

Board Of ABL Bio Technologies Allots Of GDRs Jun 23, 2008

The board of ABL Bio Technologies has approved the allotment of 820,000 GDRs representing the 4,100,000 equity shares of Rs 10/ each at an issue price of US$ 8.15 per GDR amounting to $6,683,000. Each GDR represents 5 equity shares of Rs 10 each.This was approved at the board meeting held on 20 June 2008.

Allotment Of Equity Shares Under ESOP - Jun 21 , 2008

HCL Technologies Ltd has informed that the Employees Stock Option Allotment Committee of the Company on June 20, 2008 has allotted 3,27,932 Equity Shares of Rs 2/- each, under the 1999, 2000 & 2004 Stock Option Plans of the Company.

Consequent to the said allotment the paid-up share capital of the Company has gone up to 666,340,272 equity shares of Rs 2/- each aggregating to Rs 133,26,80,544/-.

The Committee Of Aban Offshore Allotts Equity Shares - Jun 20 , 2008

The committee of Aban Offshore allotted 900 equity shares of Rs 2 each to the employees of the company under ESOS 2005.

These shares were allotted at the committee meeting held on 19 June 2008.

Niraj Cement Structurals Ltd Listing Their Shares - June 19 , 2008

Trading Members of the Exchange are hereby informed that effective from June 19, 2008, the equity shares of Niraj Cement Structurals Ltd (Scrip Code: 532986) are listed and admitted to dealings on the Exchange in the list of B Group Securities. For further details please refer to the notice no 20080617-8 dated June 17, 2008.

Tata Communications signs equity joint venture agreement with shareholders of China Enterprise Communications - June 18, 2008

Tata Communications International Pte, a wholly owned subsidiary of Tata Communications, has signed an equity joint venture agreement with shareholders of China Enterprise Communications (CEC) for the acquisition of 50% equity interest in CEC. This joint venture, which will become effective after the necessary approvals from the relevant government and regulatory bodies in China are obtained, will be the first-of-its-kind in the Chinese telecom sector post China's entering the WTO.

CEC is a value-added telecommunications services and integrated IT solutions provider headquartered in Beijing, China. CEC was recently awarded a nationwide IP-VPN service license by China's Ministry of Information Industry, the first telecom value-added service license granted to a non-facilities based service provider.

The company made this announcement during the trading hours today, 18 June 2008.

Tata Communications signs equity joint venture agreement with shareholders of China Enterprise Communications - June 18, 2008

Tata Communications International Pte, a wholly owned subsidiary of Tata Communications, has signed an equity joint venture agreement with shareholders of China Enterprise Communications (CEC) for the acquisition of 50% equity interest in CEC. This joint venture, which will become effective after the necessary approvals from the relevant government and regulatory bodies in China are obtained, will be the first-of-its-kind in the Chinese telecom sector post China's entering the WTO.

CEC is a value-added telecommunications services and integrated IT solutions provider headquartered in Beijing, China. CEC was recently awarded a nationwide IP-VPN service license by China's Ministry of Information Industry, the first telecom value-added service license granted to a non-facilities based service provider.

The company made this announcement during the trading hours today, 18 June 2008.

Millennium Cybertech Consolidation Of Equity Shares - June 17 , 2008

The members of Millennium Cybertech have passed resolution for consolidation of every 10 equity shares of the face value of Re 1 each in the share capital of the company into 1 equity share of the face value of Rs 10 each.
This resolution was passed at the EGM held on 16 June 2008.

Gulshan Polyols' Equity Shareholders Approves Scheme Of Amalgamation - June 12, 2008

The equity shareholders of Gulshan Polyols have duly approved the amalgamation of Gulshan Sugars & Chemicals with the company.

This was approved at the shareholders meeting held on 07 June 2008.

Dhampure Specialty's Equity Shareholders To Approve Scheme Of Arrangement - June 12, 2008

The equity shareholders meeting of Dhampure Specialty Sugars will be held on 28 June 2008 for the purpose of considering the proposed scheme of arrangement for de-merger of real estate division of Dhampur Alco-Chem into Sun Infoplanet and amalgamation of Dhampure Speciality Sugar with Dhampur Alco-Chem.

The company made this announcement after the trading hours on Wednesday, 11 June 2008.

Sturdy Industries' Equity Shareholders & Creditors To Approve Scheme Of Arrangement - June 11, 2008

Pursuant to the order passed by the Hon'ble High Court of Himachal Pradesh at Shimla on 04 June 2008, the separate meetings of the equity shareholders, secured & unsecured creditors of Sturdy Industries will be held on 20 July 2008, for the purpose of considering and, if thought fit, approve with or without modification(s), the scheme of amalgamation embodied in the scheme of arrangement between the company, Swati Storwel and Nu line Industries.

HDFC Bank To Allot Equity shares - June 10, 2008

The committee of HDFC Bank has approved allotment of 2,24,400 equity shares to the employees of the bank under ESOS.

This was approved at the committee meeting held on 09 June 2008.

Walchandnagar Industries Allots Equity shares - June 9, 2008

The committee of Walchandnagar Industries has issued and allotted 30,00,000 equity shares of Rs 2 each to Kamdhenu Commercials, a promoter group entity by way of conversion of warrants.

With the above allotment of shares the total promoters' holding in the company has gone up from 50.06% to 54.43%.

These shares were allotted at the committee meeting held on 07 June 2008.

HEG - Allotment Of Convertible Warrants On Preferential Basis - June 9, 2008

HEG Ltd has informed that that the Allotment Committee of Directors of the Company allotted 47,30,000 Warrants at a price of Rs 365/- each with an option of conversion of each Warrant into One Equity Share of Rs 10/- each within a period of 18 months from the date of issue and allotment to Promoters, Directors and Persons acting in concert, which includes Associates, Relatives and Friends of such Promoters and Directors and Employees of the Company, Group Companies and Associate Companies.

The aforesaid preferential issue had been approved by shareholders at their meeting held on March 03, 2008.

Spicejet Looking To Raise Rs 400 Cr Equity Capital - June 7, 2008

New Delhi: Low-cost airline SpiceJet is looking to raise about Rs 400-crore equity capital to part-finance aircraft acquisition plans and meet other operational expenses, a senior company official said.

The company is looking at a number of options including private equity, preferential allotment of shares or a rights issue to meet the capital requirements. No final decision has been taken on the route, even as plans are afoot to complete the capital raising programme by September this year.

Shares of Spicejet take off after acquisition talk

The recent surge in international oil prices has impacted the operations and financial health of the airline like several others in the country.

The current equity of SpiceJet, which recently completed three years of operations, is Rs 240 crore. Asked whether one of the promoters Bhulo Kansagra was planning to exit, sources said that at the moment the entire focus was on raising funds for the company.

Exit speculation

“The talk about Kansagra exiting is absolute speculation. At this moment, the airline needs capital infusion. If Kansagra was to exit, how does that benefit the airline, which like many others is going through a rough patch. A professional firm has been appointed to help raise the funds,” sources said.

On Friday, the airline’s share price closed at Rs 35.95 on BSE, a gain of 14.49 per cent over the previous day’s close. According to reports, Kansagra, who owns more than 12 per cent of stake in the company, had bought shares at Rs 10 per share in 2000.

Trading volumes also surged to 1.16 crore shares on Friday against its two-week average of 21.96 lakh shares.

More India business stories

The stock has been witnessing turbulence on the bourses this year. After registering its 52-week high at Rs 104.8 on January 8, the stock nosedived to touch its year low of Rs 29.50 on the Bombay Stock Exchange on June 3.

At the end of March 31, the promoters’ (Royal Holding Services) stake in the company stood at 12.91 per cent, foreign institutional investors held 12.44 per cent, while mutual funds held 11.69 per cent.

Grabal Alok Impex Allots Equity shares - June 6, 2008

he committee of Grabal Alok Impex has issued and allotted 2,00,000 equity shares of the face value of Rs 10 each for cash at a premium of Rs 33.75 per share, pursuant to conversion notice received for conversion of 8 FCCBs of US$ 25000 aggregating to US$ 0.20 million into equity shares. As an outcome of the conversion by virtue of the aforesaid conversion, the number and amount of outstanding FCCBs stands at 66 and US$ 1.65 million respectively.

These shares were allotted at the committee meeting held on 05 June 2008

Sanguine Media Fixes Record Date For Right issue - June 6, 2008

Sanguine Media Ltd has informed that June 23, 2008 has been fixed as the Record Date for determination of entitlement of issue of Equity Shares on Rights basis to the existing equity shares of the Company in the ratio of one equity share for every one equity share held, at a price of Rs 23/- per equity share (i.e. Rs 10/- face vale and Rs 13/- Premium).

Listing of equity shares of Gokul Refoils & Solvent Ltd - June 4, 2008

Trading Members of the Exchange are hereby informed that effective from June 04, 2008, the equity shares of Gokul Refoils & Solvent Ltd (Scrip Code: 532980) are listed and admitted to dealings on the Exchange in the list of B Group Securities. For further details please refer to the notice no 20080530-9 dated May 30, 2008.

Listing Of Equity Shares Of Anus Laboratories Ltd - June 4, 2008

Trading Members of the Exchange are hereby informed that effective from June 04, 2008, the equity shares of Anus Laboratories Ltd (Scrip Code: 532981) are listed and admitted to dealings on the Exchange in the list of B Group Securities. For further details please refer to the notice no 20080602-4 dated June 02, 2008.

Aurionpro Solutions To Issue & Allot Equity Shares & Warrants - June 3, 2008

The members of Aurionpro Solutions have accrded the board to create, offer, issue and allot 103714 equity shares to Robert Levine, 160286 equity shares to Maneesh Bhadari and 11000 equity shares to Wizarth Advisors as part consideration for acquisition of Sena Systems Inc, USA .
The members have accorded the board to issue and allot 13,35,000 equity shares & 19,35,000 convertible warrants to promoters, promoter group & other strategic stockholders on cash basis.

Further, the members have decided to increase the authorised share capital of the company from Rs 14,00,00,000 to Rs 18,00,00,000.

This was decided at the extraordinary general meeting held on 24 May 2008

Bharti Airtel Allots Equity shares - June 3, 2008

The committee of Bharti Airtel has allotted 93,408 fully paid up equity shares of the company upon conversion of US$ 500000 FCCBs.
With the allotment of the above shares the equity base of the company stand increased from present level of 1897927396 to 1898020804 equity shares of Rs 10 each.

These shares were allotted at the committee meeting held on 02 June 2008.

Religare Enterprises - Allotment Of Equity Shares

Religare Enterprises Ltd has informed that the Remuneration / Compensation Committee of Directors of the Company at its meeting held on May 31, 2008 has allotted 1775 Equity Shares on exercise of Stock Options under the Employees Stock Option Scheme 2006 of the Company. The paid up Equity Share Capital of the Company post allotment is 7,60,96,394 Equity Shares of Rs 10 each aggregating Rs 76,09,63,940.

Kotak Mahindra Bank - Allotment Of Equity Shares

Kotak Mahindra Bank Ltd has informed that the ESOP Allotment Committee of the Bank at its meeting held on May 31, 2008, has allotted 1,41,050 equity shares of Rs 10/- each, pursuant to exercise of Stock Options granted under the Kotak Mahindra Equity Options Scheme 2005 as under:

- ESOP Plan Series 2005/01 : 98,050 equity shares

- ESOP Scheme Series 2005/04 : 40,000 equity shares

- ESOP Scheme Series 2005/06 : 3,000 equity shares.