Thursday, July 31, 2008

Dhandapani Finance To Allot Preference Shares - July 31, 2008

The board of Dhandapani Finance has approved the issue and allotment of redeemable preference shares to Zwirn Pragati Capfin to the extent of 2,22,60,000 of Rs 10 each amounting to Rs 22,26,00,000.

The board has accepted the resignation of Rajen Padukone as director.

This was approved at the board meeting held on 30 July 2008.

IFB Agro Industries Issue 3,00,000 Equity Shares - July 31, 2008

The board of IFB Agro Industries has decided to issue 3,00,000 equity shares on preferential allotment basis to IFB Automotive.

This was decided at the board meeting held on 30 July 2008.

Wednesday, July 30, 2008

Godrej Industries' Board Approves Buy-Back Of Shares - July 30 , 2008

The board of Godrej Industries has approved the buyback of its own fully paid up equity shares of the face value of Re 1 each from the existing shareholders up to 57,00,000 equity shares for a total consideration not exceeding Rs 99 crore and at a price not exceeding Rs 275 per equity share.

This was approved at the board meeting on 29 July 2008.

Areva T&D India's Board Approves Sub-Division Of Shares - July 30 , 2008

The board of Areva T&D India has approved the sub-division of equity shares of Rs 10 each into 5 equity shares of Rs 2 each.

This was approved at the board meeting held on 29 July 2008.

Walchandnagar Industries Allots Equity Shares - July 30 , 2008

The committee of Walchandnagar Industries has issued and allotted 30,00,000 equity shares of Rs 2 each to Rodin Holdings Inc. and 7,69,310 equity shares of Rs 2 each to Olsson Holdings Inc. by way of conversion of warrants.

With the above allotment of shares the total promoters' holding in the company has gone up from 50.04% to 54.99%.

These shares were allotted at the committee meeting held on 29 July 2008.

Tuesday, July 29, 2008

Sadbhav Engineering Defers Subdivision Of Shares - July 29 , 2008

The board of Sadbhav Engineering has deferred the decision of subdivision of the equity shares of company.

This was decided at the board meeting held on 29 July 2008.

BNK Capital Markets To Issue Equity Shares & Warrants - July 29 , 2008

The board of BNK Capital Markets has decided to issue upto 12,00,000 equity shares of Rs 10 each and 18,00,000 warrants with an option to warrant holders entitling them to subscribe to equity share of Rs 10 each on preferential basis to promoters and others.

This was decided at the board meeting held on 29 July 2008.

India Infoline To Allot Equity Shares - July 29 , 2008

The board of India Infoline has considered and approved the allotment of 38,650 equity shares, pursuant to the exercise of options granted under the ESOP scheme of the company.

This was approved at the board meeting held on 29 July 2008.

Monday, July 28, 2008

Steelco Gujarat To Issue & Allot Preference Shares - July 28 , 2008

The board of Steelco Gujarat has decided to issue and allot 12.5% optionally convertible cumulative redeemable preference shares of Rs 10 each to Splpa Investments, promoter of the company on preferential allotment basis instead of issuing 12.5% non-convertible cumulative redeemable preference shares of Rs 10 each as intimated earlier.

The circular resolution was passed by the board of directors on 28 July 2008.

Federal Bank Acquires 4.99% Shares Of Catholic Syrian Bank - July 28 , 2008

Federal Bank has acquired 4.99% of shares of catholic Syrian Bank, subject to approval of Reserve Bank of India.

The company made this announcement during the trading hours today, 28 July 2008.

Saturday, July 26, 2008

Genesys International : Allotment Of Equity Shares - July 26 , 2008

Genesys International Corporation Ltd has informed that the Board of Directors of the Company at its meeting held on July 25, 2008, inter alia, has approved the allotment of 4,00,000 Equity Shares of Rs 10/- each at a premium of Rs 9/- per Equity Share to Mr. Ravi Kothari, an Individual Investor on exercise of his option of conversion of 4,00,000 Warrants allotted to him on preferential basis in the month of January 2007.

Post allotment, the Paid up Equity Share Capital of the Company comprises of 1,49,23,756 Equity Shares of Rs 10/- each aggregating to Rs 14.92 crore.

TTK Healthcare Board Approves Buy-Back Of Equity Shares - July 26 , 2008

TTK Healthcare Ltd has informed that the Board of Directors of the Company at its meeting held on July 25, 2008, has considered and approved the Buy-back of Equity Shares of the Company subject to approval of the Shareholders and statutory authorities.

The Board of Directors has also decided to seek the approval of the Shareholders through postal ballot for the Buy-back of fully paid Equity Shares of the Company of Rs 10/- each for a maximum amount of Rs 1106.47 lakhs, being 25% of the existing Paid-up Equity Share Capital plus Free Reserves of the Company, at a price not exceeding Rs 120/- per Equity Share.

Fulford India Raises Rs 40.25 Crore By Issuing Equity Shares - July 26 , 2008

Fulford India had raised Rs 40.25 crore by issuing 7,00,000 equity shares of Rs 10 each at a premium of Rs 565 per share, to its promoters Dashtag. The fund were raised to provide capital in order to permit the company to strengthen its position in the market and act on strategic business growth opportunities.

The company made this announcement after the trading hours on Friday, 25 July 2008.

Friday, July 25, 2008

Serial Blasts Rock Bangalore

A woman was killed and at least six people were injured in a series of six low-intensity blasts carried out in eastern parts of the information technology capital this afternoon.

The woman, who was waiting at a bus shelter in Madivala on the Bangalore-Hosur road, was killed in the blast and her husband and another person were seriously injured, police said.

Bangalore was rocked by a major terrorist attack in December, 2005 when extremists opened fire in the famous Indian Institute of Science complex in which a Delhi IIT professor lost his life.

There were also blasts in other areas like Panthrapalya, Audugodi and Vittal Mallya Road within minutes of each other from the first blast at around 1330 hours.

Police Commissioner Shankar Bidari appealed to the people of the city to maintain calm and carry on with their normal life as police have been put on alert throughout the city.

He said timer device has been used in some of the blasts and explosives in quantity equivalent to one or two hand grenades have been used in some others.

Bidari termed it as an "act of miscreants" trying to disturb peace in Bangalore and appeared pre-planned. "We will get to the criminals and arrest them," he said.

Bomb disposal squads and forensic experts have rushed to the spot for investigations.

Chronology of some recent major bomb blasts in the country:

May 13, 2008: Eight serial blasts rock Jaipur in a span of 12 minutes leaving 65 dead and over 150 injured.

January 2008: Terrorist attack on CRPF camp in Rampur kills eight.

October 2007: 2 killed in a blast inside Ajmer Sharif shrine during Ramadan, in Rajasthan.

August 2007: 30 dead, 60 hurt in Hyderabad 'terror' strike.

May 2007: A bomb at Mecca mosque in Hyderabad kills 11 people.

February 19, 2007: Two bombs explode aboard a train bound from India to Pakistan, burning to death at least 66 passengers, most of them Pakistanis.

September 2006: 30 dead and 100 hurt in twin blasts at a mosque in Malegaon.

July 2006: Seven bombs on Mumbai's trains kill over 200 and injure 700 others.

March 2006: Twin bombings at a train station and a temple in Varanasi kill 20 people.

October 2005: Three bombs placed in busy New Delhi markets a day before Diwali kill 62 people and injure hundreds.

ACC : Allotment Of Shares - July 25 , 2008

ACC Ltd has informed that at the Meeting of the Shareholders / Investors Grievance Committee of the Board held on July 24, 2008.

350 shares were allotted against exercise of Employee Stock Options granted to employees under the Employees Stock Option Scheme 2004, and 14 shares were allotted from shares kept in abeyance at the time of Rights Issue 1999.

Consequently, the paid up Share Capital of the Company has increased from 18,76,51,204 shares to 18,76,51,568 shares of Rs 10/- face value, as of date.

Thursday, July 24, 2008

Bharti Airtel Allots Equity Shares - July 24, 2008

The committee of Bharti Airtel has allotted 38,400 equity shares to the employees upon exercise of stock options pursuant to ESOP scheme 2005 of the company.

With the allotment of the above shares the equity base of the company stand increased from present level of 1,898,020,804 equity shares to 1,898,059,204 equity shares of Rs 10 each.

These shares were allotted at the committee meeting held on 23 July 2008.

Wednesday, July 23, 2008

SEL Manufacturing Company allots equity shares - July 23 , 2008

The board of SEL Manufacturing Company has allotted 5,50,000 equity shares of Rs 10 each of the company on conversion of warrants to Matterhorn Ventures (2,50,000 shares) and Master Trust (3,00,000 shares).

Consequent upon the conversion of 5,50,000 equity warrants into equity shares of the above said allottees, the total issued and paid up capital of the company stands increased to Rs 17,16,60,000 divided into 1,71,66,000 equity shares of Rs 10 each.

This was decided at the board meeting held on 23 July 2008.

Responsive Industries' Equity Shareholders & Unsecured Creditors Approves Scheme Of Amalgamation - July 23 , 2008

The equity shareholders & unsecured creditors of Responsive Industries have approved the scheme of amalgamation of Responsive Polymers International with the company.

This was approved at the court convened meetings held on 21 July 2008.

Tuesday, July 22, 2008

HT Media : Allotment Of Equity Shares - July 22 , 2008

HT Media Ltd (HTML) has informed that the Committee of Board of Directors of the Company at its meeting held on July 21, 2008 has allotted 22,600 Equity Shares of Rs 2/- each of HTML to the Shareholders of Go4i.com (India) Pvt Ltd (GIPL), pursuant to the Scheme sanctioned by Honble High Court of Delhi on September 13, 2007.

Monday, July 21, 2008

Sadbhav Engineering Board To Consider Sub-Division Of Equity Shares - July 21, 2008

Sadbhav Engineering Ltd has informed that a meeting of the Board of Directors of the Company will be held on July 29, 2008, inter alia, to transact the following:

1. To consider the Unaudited Financial Result for the quarter ended June 30, 2008.

2. To decide about the date, time & place of Annual General Meeting.

3. To decide about the Book Closure for the purpose of dividend & AGM.

4. To consider the sub division of Equity Shares of Company.

5. To consider the Employees Stock Option Scheme (ESOS).

6. To consider the transfer of equity investment made by Company in various project specific SPVs to its subsidiary Sadbhav Infrastructure Project Ltd.

Saturday, July 19, 2008

Shree Ashtavinayak Cine Vision Allots Equity shares - July 19 , 2008

The board of Shree Ashtavinayak Cine Vision has allotted 268410 equity shares of Rs 10 each fully paid up at the issue price of Rs 439.755 per equity shares on conversion of FCCBs into equity shares to Triple M Investment, Mauritius.

Friday, July 18, 2008

Sunteck Realty allots equity shares - July 18, 2008

The boad of Sunteck Realty has allotted 4,00,000 equity shares on account of conversion of 4,00,000 convertible warrants.

The board has appointed Kamal Khetan as managing director of the company.

These shares were allotted at the board meeting held on 17 July 2008.

Thursday, July 17, 2008

Gateway Distriparks Board to consider Buy-Back of equity shares - July 17, 2008

Gateway Distriparks Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 25, 2008, inter alia, to consider the following:1. Approval of the un-audited financial results for the quarter ended June 30, 2008.2. Consider buy back of equity shares of the Company.

Wednesday, July 16, 2008

Sindu Valley Technologies to issue equity shares - July 16, 2008

The board of Sindu Valley Technologies has decided to issue equity shares of Rs 10 each on rights basis to the existing shareholders in proportion of three new shares for every one equity share held at a premium of Rs 3 per share.

Further, the board has decided to convene extra-ordinary general meeting on 26 August 2008.

This was decided at the board meeting held on 15 July 2008.

Tuesday, July 15, 2008

Ranbaxy Laboratories to issue equity shares & warrants - July 15, 2008

The members of Ranbaxy Laboratories have approved to issue 46,258,063 fully paid equity shares of Rs 5 each and 23,834,333 warrants - each warrant exercisable between six months to eighteen months from the date of allotment at the option of the warrant holder for one fully paid equity share of the company of Rs 5 each at a price of Rs 737 on preferential basis to Daiichi Sankyo Company, Japan.

This was approved at the extraordinary general meeting held on 15 July 2008.

Monday, July 14, 2008

Listing Of Equity Shares Of KSK Energy Ventures Ltd - July 14, 2008

Trading Members of the Exchange are hereby informed that effective from July 14, 2008, the equity shares of KSK Energy Ventures Ltd (Scrip Code: 532997) 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 20080709-10 dated July 09, 2008.

Listing Of Equity Shares Of Silverline Animation Technologies Ltd - July 14, 2008

Trading Members of the Exchange are hereby informed that effective from July 14, 2008, the equity shares of Silverline Animation Technologies Ltd (Scrip Code: 532999) 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 20080710-38 dated July 10, 2008.

Mahaan Foods - Delisting Of Equity Shares From JSE & CSE - July 14, 2008

Mahaan Foods Ltd has informed that the Equity Shares of the Company have been de-listed from The Jaipur Stock Exchange Ltd (JSE) and The Calcutta Stock Exchange Association Ltd (CSE).

Saturday, July 12, 2008

Baba Arts - Allotment Of Equity Shares - July 12, 2008

Baba Arts Ltd has informed BSE that the Board of Directors of the Company vide Circular Resolution effective July 11, 2008 have allotted 4,00,000 equity shares of Rs 4/- each for cash at a premium of Rs 40/- per share (total price of Rs 44/- per share) to the following persons belonging to promoter group against exercise of Optionally Fully Convertible Warrants held by them:

1. Name of the Person : Shri. Gordhan P Tanwani
No. of shares allotted : 1,00,000

2. Name of the Person : Shri. Raju P Tanwani
No. of shares allotted : 3,00,000.

Orbit Corporation Acquires 100% Equity Shares Of Orbit Residency - July 12, 2008

Orbit Corporation has acquired 100% equity shares of Orbit Residency, consequent to which it has become a wholly owned subsidiary of the company. The prime objective of Orbit Residency is to acquire small size plots of up to 1000 sq meters or yielding a saleable area of less than 35000 sft.

The company made this announcement after the trading hours on Friday, 11 July 2008.

Kohinoor Foods Allots Equity Shares - July 12, 2008

The board of Kohinoor Foods has allotted 140,361 shares to a bond holder of the company, at a conversion price of Rs 76 per share in terms of the offering circular upon conversion of FCCB.

These shares were allotted at the board meeting held on 11 July 2008.

Friday, July 11, 2008

Listing Of Equity Shares Of Lotus Eye Care Hospital Ltd - July 11, 2008

Trading Members of the Exchange are hereby informed that effective from July 11, 2008, the equity shares of Lotus Eye Care Hospital Ltd (Scrip Code: 532998) 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 20080709-19 dated July 09, 2008.

Thursday, July 10, 2008

Kohinoor Foods To Allot Shares - July 10, 2008

Kohinoor Foods has received a voluntary conversion notice from its paying and conversion agent for conversion of FCCB aggregating US$ 250000 held by one of the bond holders into shares. Further the shares shall be allotted in the board meeting to be held on 11 July 2008.

DLF Board Approves Buy-Back Of Equity Shares - July 10, 2008

DLF Ltd has informed that the Board of Directors of the Company at its meeting held on July 10, 2008, inter alia, has approved the proposal for Buy-back of equity shares of the Company under first proviso to clause (b) of sub-section (2) of section 77A of the Companies Act, 1956 subject to the exemption by SEBI under the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 with the following terms inter alia,:

- Total consideration amount for Buy-back : Not exceeding Rs 1100 crs.

- Total number of shares for Buy-back : Not exceeding 2.2 Crs.

- Buy-back price per equity share : Not exceeding Rs 600/-.

Wednesday, July 9, 2008

Godrej Industries Board To Consider Buy Back Of Equity Shares - July 9 , 2008

Godrej Industries Ltd has informed that a meeting of the Board of Directors of the Company will be held on July 29, 2008, to consider buyback of equity shares subject to approval of shareholders in the Annual General Meeting of the Company scheduled on the same day for amendment of Articles of Association of the Company permitting the Company to buyback its shares.

Tuesday, July 8, 2008

Riba Textiles fixes Record Date For Re-Issue Of Forfeited Equity Shares - July 8, 2008

Riba Textiles Ltd has informed that July 28, 2008 has been fixed as the Record Date for the purpose of re-issue of forfeited Equity Shares of the Company.

Listing Of Equity Shares Of First Winner Industries Ltd - July 8, 2008

Trading Members of the Exchange are hereby informed that effective from July 8, 2008, the equity shares of First Winner Industries Ltd (Scrip Code: 532996) 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 20080704-28 dated July 04, 2008.

Monday, July 7, 2008

Vyapar Industries Board To Consider Buy Back Of Equity Shares - July 7, 2008

Vyapar Industries Ltd has informed that a meeting of the Board of Directors of the Company will be held on July 14, 2008, inter alia, to consider the proposal for buy back of Equity shares of the Company.

Saturday, July 5, 2008

Suzlon Energy Allots Equity Shares - July 5, 2008

The committee of Suzlon Energy has allotted 13,01,000 equity shares of Rs 2 each to the option grantees, pursuant to exercise of the options granted to the eligible employees of the company and its subsidiary companies under ESOP - 2005.These Suzlon Energy Allots Equity Shares were allotted at the committee meeting held on 05 July 2008.

ICICI Bank Allots Equity Shares - July 5, 2008

ICICI Bank has allotted 51,050 equity shares of face value of Rs 10 each under ESOS, 2000.These shares were allotted by the bank on 23 June 2008.

Friday, July 4, 2008

Ashapura Minechem Allots Equity Shares - July 4, 2008

The board of Ashapura Minechem has allotted 17508 equity shares of face value of Rs 2 per share to the applicants, who have exercised their option to apply for the shares under the said ESOS.
These shares were allotted at the board meeting held on 30 June 2008.

Listing Of Equity Shares Of CHL Ltd - July 4, 2008


Trading Members of the Exchange are hereby informed that effective from July 4, 2008, the equity shares of CHL Ltd (Scrip Code: 532992) 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 20080630-5 dated June 30, 2008.

Listing Of Equity Shares Of Archidply Industries Ltd - July 4, 2008

Trading Members of the Exchange are hereby informed that effective from July 4, 2008, the equity shares of Archidply Industries Ltd (Scrip Code: 532994) 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 20080702-3 dated July 02, 2008.

Thursday, July 3, 2008

FIIs Offload Shares Worth Rs 668.43 Cr - July 3, 2008

The Sensex has made stunning gains to the tune of 700 points on July 2 but the recovery failed to enthuse Foreign Institutional Investors who offloaded nearly Rs 670 crore worth equities on the Bombay Stock Exchange.

FIIs ended up as net sellers disposing off shares of Rs 668.43 crore. They bought equities worth Rs 3,666.14 crore and sold stocks of Rs 4,334.57 crore.However, Domestic Institutional Investors (DIIs) were on an investing mood, ending up as net buyers of equities worth Rs 421.01 crore. They purchased stocks of Rs 1,029.32 crore and offloaded equities worth Rs 608.31 crore.

Further, brokers sold shares to the tune of Rs 116.95 crore on behalf of clients or retail investors while proprietors snapped up equities worth Rs 119.61 crore.Non-Resident Indians (NRIs) sold stocks to the tune of Rs 2.19 crore.

According to provisional data available on Securities and Exchange Board of India (SEBI) website, FIIs invested in shares worth Rs 174.30 crore as on July 1.

Listing Of Equity Shares Of Avon Weighing Systems Ltd - July 3, 2008

Trading Members of the Exchange are hereby informed that effective from July 03, 2008, the equity shares of Avon Weighing Systems Ltd (Scrip Code: 532995) 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 20080702-10 dated July 02, 2008.

Wednesday, July 2, 2008

Equity Investments Are Good Bet In Long Run - July 2, 2008

MUMBAI: At the start of the year it looked as if the interest rate cycle had peaked as inflation was well under the RBI's 5% comfort ceiling. In that scenario many in the market were expecting the RBI to reduce rates by midyear.

However, the picture has changed dramatically over the last six months as prices of oil and other commodities shot up at an astonishing rate. Inflation is at a 13-year high and it has equity investors on the edge of their seats as the markets are steadily losing ground.

The BSE sensex is currently trading at a 16-month low, under the 13,000 mark. After seeing figures like 21,000 in January even the most experienced investor is apprehensive when the index comes down to 12,904, a loss of almost 38% in just six months. So where does this leave investors?

Tuesday, July 1, 2008

Modern Shares Fixes Book Closure For Dividend - July 1, 2008

Modern Shares & Stockbrokers Ltd has informed that the Register of Members & Share Transfer Books of the Company will remain closed from September 18, 2008 to September 25, 2008 (both days inclusive) for the purpose of payment of final dividend.