Tuesday, September 30, 2008

Separate Meeting Of The Equity Shareholders - Sep 30, 2008

IEC Education Ltd has informed that by an order dated August 13, 2008, the Honble High Court of Delhi at New Delhi has directed that separate meeting of the Equity Shareholders and of unsecured creditors of the Company will be held on October 18, 2008 for the purpose of considering and it thought fit, approving, with or without modification, the arrangement embodied in the proposed Scheme of Amalgamation between VEF Information System Pvt Ltd and the Company.

Amrutanjan Board To Consider Buy-Back Of Equity - Sep 30, 2008

Amrutanjan Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 11, 2008, inter alia, to consider and approve, the proposal for buy-back of equity shares of the Company u/s 77A of the Companies Act, 1956 and Securities Exchange Board of India (Buy back of Securities) Regulations, 1998.

Religare Enterprises - Allotment Of Equity Shares - Sep 30, 2008

Religare Enterprises Ltd has informed that the Remuneration / Compensation Committee of Directors of the Company at its meeting held on September 30, 2008, has allotted 12,804 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 76160989 Equity Shares of Rs 10 each aggregating Rs 76,16,09,890/-.

Monday, September 29, 2008

Zodiac-JRD-MKJ Equity Shareholders - Sep 29, 2008

Zodiac-JRD-MKJ Ltd has informed that the equity shareholders of the Company at its Court Convened Meeting held on September 27, 2008, have approved the Scheme of Amalgamation of MKJ Jewellery Pvt. Ltd., Transferor Company with Zodiac-JRD-MKJ Ltd., the Transferee Company.

Mahindra - Allotment Of Equity Shares - Sep 29, 2008

With reference to the earlier announcement dated July 18, 2008 & August 12, 2008, Mahindra & Mahindra Ltd has informed that the Company on September 27, 2008, has allotted 1,28,27,552 Ordinary (Equity) Shares of Rs 10 each to the M&M Benefit Trust pursuant to the Scheme of Amalgamation of Mahindra Holdings & Finance Ltd with the Company and their respective Shareholders. The above 1,28,27,552 Ordinary (Equity) Shares rank pari passu in all respects with the existing Ordinary (Equity) Shares of the Company.

Saturday, September 27, 2008

A Zen Technologies - Allotment Of Equity Shares - Sep 27, 2008

Zen Technologies Ltd has informed that the Board of Directors vide circular resolution passed on September 26, 2008 have allotted 450,000 equity shares of the Company to the following persons consequent to conversion of share warrants issued on January 18, 2008:
1. Mr. Rakesh Jhunjhunwala : 225,000
2. Mrs. Rekha Jhunjhunwala : 225,000

Thursday, September 25, 2008

HCL Technologies - Allotment Of Equity Shares - Sep 25, 2008

HCL Technologies Ltd has informed that the Employees Stock Option Allotment Committee of the Company on September 24, 2008 has allotted 1,45,644 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 668,681,820 equity shares of Rs 2/- each aggregating to Rs 133,73,63,640/

Tuesday, September 23, 2008

Cadila Healthcare Equity Shareholders - Sep 23, 2008

Cadila Healthcare Ltd has informed that the meeting of the Equity Shareholders and Unsecured Creditors of the Company as directed by the Honble High Court of Gujarat at
Ahmedabad was held on September 18, 2008.

Mr. Mukesh M Patel, Chairman appointed for the meeting conducted the meeting as directed in the Minutes of Order of the Gujarat High Court dated August 13, 2008. The Composite Scheme of Arrangement between Carnation Nutra-Analogue Foods Ltd and Cadila Healthcare Ltd and Zydus Hospitals and Medical Research Pvt Ltd and their respective shareholders and creditors (Composite Scheme) was approved by the requisite majority of the Equity Shareholders and by unanimous consent of Unsecured Creditors present and voting either in person or by proxy or as authorized representatives.

The said Composite Scheme shall now be presented for approval and consideration of the Honble High Court of Gujarat at Ahmedabad

Carnation Nutra Equity Shareholders Approve Scheme Of Arrangement - Sep 23, 2008

Carnation Nutra Analogue Foods Ltd has informed that the meeting of the Equity Shareholders of Carnation Nutra-Analogue Foods Ltd as directed by the Honble High Court of Gujarat at Ahmedabad was convened and held on September 18, 2008.

Mr. Mukesh M Patel, Chairman appointed for the meeting conducted the meeting as directed in the Minutes of Order of the Gujarat High Court dated August 13, 2008. The Composite Scheme of Arrangement between Carnation Nutra-Analogue Foods Ltd and Cadila Healthcare Ltd and Zydus Hospitals and Medical Research Pvt. Ltd and their respective shareholders and creditors (Composite Scheme) was approved by the requisite majority of the Equity Shareholders present and voting either in person or by proxy or as authorized representatives.

The said Composite Scheme shall now be presented for approval and consideration of the
Honble High Court of Gujarat at Ahmedabad

ICICI Bank - Allotment Of Equity Shares Under ESOS - Sep 23, 2008

ICICI Bank Ltd has informed that the Bank has allotted 18,475 equity shares of face value of Rs 10/- each on September 15, 2008 under the Employees Stock Option Scheme, 2000 (ESOS)

Monday, September 22, 2008

Lupin - Allotment Of Equity Shares - Sep 22, 2008

Lupin Ltd has informed that the Allotment Committee of Directors at its meeting held on September 22, 2008 has allotted 40531 fully paid up equity shares of Rs 10/- each. These shares have been allotted upon exercising of options granted to the employees under the Stock Option Plans of the Company.
In view of the above, the issued and paid up capital of the Company increased to Rs 822,944,060 consisting 82,294,406 equity shares of Rs 10/- each

Saturday, September 20, 2008

Kotak Mahindra Bank - Allotment Of Equity Shares Under ESOP - Sep 20, 2008

Kotak Mahindra Bank Ltd has informed that the ESOP Allotment Committee of the Bank at its meeting held on September 19, 2008, has allotted 51,472 equity shares of Rs 10/- each, pursuant to exercise of Employee Stock Option as under:
- ESOP Plan Series 2002-03/06 : 18,732 equity shares
- ESOP Scheme Series 2005/01 : 19,740 equity shares
- ESOP Scheme Series 2007/02 : 13,000 equity shares

Friday, September 19, 2008

Core Projects - Allotment Of Equity Shares - Sep 19, 2008

Core Projects & Technologies Ltd has informed that the Shareholders / Investors Grievance Committee at its meeting held on September 19, 2008, have approved the allotment of 8,62,116 Equity Shares of Rs 2/- each on conversion of FCCBs

Wipro - Allotment Of Equity Shares - Sep 19, 2008

Wipro Ltd has informed that the Administrative Committee of the Companys Board of Directors vide their circular resolution dated September 18, 2008 resolved to issue and allot 118918 equity shares of Rs 2/- each pursuant to exercise of the stock options by the eligible employees under the Companys Employee ESOPs 2000 Plan and Restricted Stock Unit Plan 2004

Century Extrusions - Delisting Of Equity Shares From CSE - Sep 19, 2008

Century Extrusions Ltd has informed that the company has been granted the Voluntary De-listing of listed securities of the Company by the Board of Directors of The Calcutta Stock Exchange Association Ltd (CSE) on the August 30, 2008 as per SEBI (Delisting of Securities) Guidelines - 2003. Hence the Company stands delisted from the official list of The Calcutta Stock Exchange Association Ltd (CSE).

Further the CSE has allowed equity shares of the Company to be traded under the Permitted Category

Thursday, September 18, 2008

Zodiac-JRD-MKJ Equity Shareholders To Approve Scheme - Sep 18, 2008

Zodiac-JRD-MKJ Ltd has informed that pursuant to the order made on August 22, 2008, the Honble High Court of Judicature at Bombay has directed that a meeting of the equity shareholders of the Company will be held on September 27, 2008, or immediately after conclusion of 21st Annual General Meeting of the Company convened on that day at 10 A.M., whichever is later at the same place for the purpose of considering and if thought fit, approving, with or without modification(s), the arrangement embodied in the proposed Scheme of Amalgamation of MKJ Jewellery Pvt. Ltd with Zodiac-JRD-MKJ Ltd (the Scheme)

Dalmia Cement Equity Shareholders To Approve Scheme Of - Sep 18, 2008

Dalmia Cement Bharat Ltd has informed that pursuant to Order dated September 06, 2008, the Honble High Court of Judicature at Madras has directed that a meeting of the Equity Shareholders of the Company will be October 17, 2008, for the purpose of considering, and if thought fit, approving with or without modification, the Scheme of Amalgamation of M/s. Eswar Cements Pvt. Ltd with the Company

ICICI Bank - Allotment of Equity Shares under ESOS - Sep 18, 2008

ICICI Bank Ltd has informed that the Bank has allotted 17,300 equity shares of face value of Rs 10/- each on September 08, 2008 under the Employees Stock Option Scheme, 2000 (ESOS)

Tuesday, September 16, 2008

Phillips Carbon - Allotment Of Equity Shares - Sep 16, 2008

Phillips Carbon Black Ltd has informed that the Allotment Committee of the Board of Directors of the Company at its meeting held on September 15, 2008, has allotted 30,00,000 equity shares arising out of conversion of preferential issue of convertible warrants to the following:
Promoter Group Companies:
1. Adorn Investments Ltd - 10,00,000 shares
2. Universal Industries Fund Ltd - 8,00,000 shares
3. Off-Shore India Ltd - 7,00,000 shares
Private equity investor:
Lend Lease Company (India) Ltd - 5,00,000 shares

HDFC Bank - Allotment Of Equity Shares Under ESOS - Sep 16, 2008

HDFC Bank Ltd has informed that the Investor Grievance (Share) Committee of the Bank at its meeting held on September 16, 2008, has approved allotment of 1,12,200 equity shares to the employees of the Bank under the Employees Stock Option Scheme (ESOS)

Monday, September 15, 2008

Balrampur Chini - Allotment Of Equity Shares - Sep 15, 2008

Balrampur Chini Mills Ltd has informed that the Company has allotted 22750 equity shares of Re 1/- each at a price of Rs 74.60 per share (including a premium of Rs 73.60 per share) on September 13, 2008 to the eligible employees under the Employee Stock Option Scheme.

Electrotherm India - Allotment of Equity Shares - Sep 15, 2008

Electrotherm India Ltd has informed that pursuant to the approval of the shareholders of the Company at the Extra Ordinary General Meeting held on March 01, 2007 and the meeting of the Committee of the Board of Directors of the Company held on September 13, 2008, the Company has allotted 5,00,000 equity shares at conversion price of Rs 600 per warrant to Promoter Group Company M/s. Western India Speciality Hospital Ltd on a preferential allotment basis on the exercise of the option for conversion of balance 5,00,000 warrants issued by the Company to M/s. Western India Speciality Hospital Ltd.

Consequently, on the allotment of 5,00,000 Equity Shares of Rs 10/- each as aforesaid, the paid up share capital of the Company as on September 13, 2008 stands increased to 1,14,76,374 equity shares of Rs 10/- each, amounting to Rs 11,47,63,740/- from 1,09,76,374 equity shares of Rs 10/- each amounting to Rs 10,97,63,740/-

Saturday, September 13, 2008

For Re-Issue Of Forfeited Equity Shares & AGM- Sep 13, 2008

Kadamb Constructions Ltd has informed that the Register of Members & Share Transfer Books of the Company will remain closed from September 25, 2008 to September 30, 2008 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company and for the purpose of ascertaining entitlement of shareholders to subscribe in the Re-Issue of Forfeited shares on proportionate basis (Right Issue)

Essar Shipping Scouting For Equity Partners - Sep 13, 2008

The Ruias-promoted Essar Shipping Ltd (ESL) is gearing up for the next phase of financial restructuring. After hiving off its oilfield, port and logistics businesses, the company is now planning to sell equity in these subsidiaries. The company, part of the Mumbai-based conglomerate Essar group, is looking to rope in strategic partners for its operations in oilfields and ports, by diluting strategic equity stake in these businesses. To meet the fund requirements, sources suggest that Essar Shipping is also planning to go for an overseas listing. For this purpose, at present $2.5 billion capex is underway and it is also looking to partner with private equity funds. As part of the expansion strategy, Essar Shipping is also firming up its plans to bid for port projects in Africa and South East Asia. In addition to port projects, ESL would also start operations in Vietnam and Trinidad & Tobago, where the group company Essar Steel is setting up new plants

Friday, September 12, 2008

Asian Oilfield - Allotment Of Equity Shares - Sep 12, 2008

Asian Oilfield Services Ltd has informed that the Allotment Committee of the Board of Directors of the Company held on September 11, 2008 has issued and allotted 8,14,444 Equity Shares to 4 Convertible Warrants holders from whom the Company has received requisite balance subscription monies. Consequent thereupon, the paid up capital of the Company is increased from Rs 10,46,00,000 to Rs 11,27,44,440

Avance Technologies Board To Consider Sub-Division Of Equity - Sep 12, 2008

Avance Technologies Ltd has informed that a meeting of the Board of Directors of the Company will be held on September 23, 2008, for proposing the Sub-Division of Equity Share of Company of Rs 10 each to Such Denomination as decided by the Board

Thursday, September 11, 2008

Axis Bank - Allotment Of Equity Shares Under Esop - Sep 11, 2008

AXIS Bank Ltd has informed that the Committee of Directors of the Bank on September 11, 2008 has made the allotment of 70,990 equity shares of Rs 10/- each to the employees of the Bank, under ESOP.

The paid up share capital of the Bank will accordingly get increased to 35,88,93,960 equity shares from 35,88,22,970 equity shares

ICICI Bank - Allotment Of Equity Shares Under ESOS - Sep 11, 2008

ICICI Bank Ltd has informed that the Bank has allotted 8,225 equity shares of face value of Rs 10/- each on September 01, 2008 under the Employees Stock Option Scheme, 2000 (ESOS)

Essar Shipping Equity Shareholders To Approve Scheme Of - Sep 11, 2008

Essar Shipping Ltd has informed that pursuant to an Order made on the September 02, 2008, the Honble High Court of Gujarat at Ahmedabad has directed that a meeting of the Equity Shareholders of the Company will be held on October 04, 2008, for the purpose of considering and, if thought fit, approving, with or without modification(s), the arrangement embodied in the Scheme of Arrangement among India Shipping and Essar Sisco Ship Management Company Ltd and Essar Shipping Ltd and their respective shareholders

Wednesday, September 10, 2008

Datamatics Technologies Equity Shareholders & Sundry Creditors - Sep 10, 2008

Datamatics Technologies Ltd has informed that pursuant to the Order dated August 29, 2008, a meeting of the Equity Shareholders of the Company will be held on September 30, 2008 for the purpose of considering and, if thought fit, approving, with or without modification(s), the Scheme of Arrangement (the Scheme) proposed under Section 391 to 394 read with Section 100 to 104 of the Companies Act, 1956, comprising of amalgamation of Sameer Microtronics Pvt. Ltd, Bellona Infotech Pvt. Ltd, Datamatics Ltd and Datamatics Intercon Ltd into Datamatics Technologies Ltd and demerger of Export Division of Datamatics Software Services Ltd into Datamatics Technologies Ltd. Further, the Scheme also provides for reduction in preference share capital of Datamatics Software Services Ltd. Lastly, for consolidation of domestic operations, the Scheme also provides for amalgamation of Datamatics Softworld Ltd and Datamatics Software Solutions Ltd into Datamatics Software Services Ltd [Without Export Division].

Further the Company has informed that, pursuant to the Order dated August 29, 2008, a meeting of the Sundry Creditors of the Company will be held on September 30, 2008 for the purpose of considering and, if thought fit, approving, with or without modification(s), the Scheme of Arrangement (the Scheme) proposed under section 391 to 394 read with section 100 to 104 of the Companies Act, 1956, comprising of merger of Bellona Infotech Pvt. Ltd, Sameer Microtronics Pvt. Ltd, Datamatics Ltd and Datamatics Intercon Ltd with the Applicant Company, demerger of the export division of Datamatics Software Services Ltd into the Applicant Company, reduction of the preference share capita of Datamatics Software Services Ltd post its demerger and merger of Datamatics Softworld Ltd and Datamatics Software Solutions Ltd into Datamatics Software Services Ltd post its demerger

Monday, September 8, 2008

Valiant Communications Board Approves Buy-Back Of Equity - Sep 8, 2008

Valiant Communications Ltd has informed that the Board of Directors of the Company at its meeting held on September 08, 2008, inter alia, has approved a buy-back of its outstanding equity shares with the following terms:

1. Total consideration amount of Buyback: Not exceeding Rs 314.20 lacs, the amount represents 10% of the paid-up equity share capital of the Company, and its free reserves.

2. Buyback price per equity share: Not exceeding Rs 32/- (Rs Thirty Two only).

3. Mode of Buy Back: Open market through Stock Exchange in India where Companys equity shares are listed.

4. Necessity for the Buy Back: The Company considers it necessary and expedient to Buy Back its own fully paid equity shares to enhance the earnings per share and Return on Equity (%) and create long term shareholders value. The Buy Back will also provide a reasonable exit opportunity to those shareholders who so desire whilst safeguarding the interest of continuing shareholders of the Company. The Buy Back is also expected to enhance the long-term price performance and the market capitalization of the Company

Yes Bank - Allotment Of Equity Shares - Sep 8, 2008

Yes Bank Ltd has informed that the Bank has allotted Two Lac Forty Seven Thousand Four Hundred and Eighty (2,47,480) equity shares of face value of Rs 10/- each on September 08, 2008 under the Joining Stock Option Plan - I (JSOP I) and Joining Employee Stock Option Plan - II (JESOP II)

Saturday, September 6, 2008

Reliance Industries - Allotment Of Equity Shares Pursuant To ESOS - Sep 6, 2008

Reliance Industries Ltd has informed that the Company has allotted 35,739 equity shares of Rs 10/- each, on August 29, 2008 to its employees, pursuant to the Employees Stock Option Scheme (ESOS)

Wipro - Allotment Of Equity Shares - Sep 6, 2008

Wipro Ltd has informed that the Administrative Committee of the Companys Board of Directors vide their circular resolution dated September 05, 2008 resolved:

1. To issue and allot 56200 equity shares of Rs 2/- each pursuant to exercise of the stock options by the eligible employees under Restricted Stock Unit Plan 2004.

2. Allotted 1752 equity shares of par value of Rs 2/- to JP Morgan Chase Bank, the Companys depository as underlying shares in respect of ADRs to be issued and allocated to the purchasers, pursuant to the exercise of the stock options granted to the employees under the Companys ADS Restricted Stock Unit Plan - 2004

Friday, September 5, 2008

Future Capital - Allotment Of Equity Shares - Sep 5, 2008

Future Capital Holdings Ltd has informed that pursuant to the decision taken by the
Remuneration / Compensation / ESOS Committee of the Board of Directors on September 01, 2008, the Committee has allotted 3,00,000 (Three Lacs) Equity Shares of Rs 10/- each fully paid of the Company pursuant to the FCH Employee Share Purchase Scheme 2008 (FCH ESPS 2008).

The FCH Employees Share Purchase Scheme 2008, which was approved by the Members of the Company at the 3rd Annual General Meeting of the Company held on August 14, 2008, is in accordance with the SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999.

Thursday, September 4, 2008

Listing Of Equity Shares Of Austral Coke & Projects Ltd - Sep 4, 2008

Trading Members of the Exchange are hereby informed that effective from September 4, 2008, the equity shares of Austral Coke & Projects Ltd (Scrip Code: 533016) 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 20080901-10 dated September 01, 2008.

Provogue India - Allotment Of Equity Shares Against Convertible Warrants - Sep 4, 2008

1. Mr. Nikhil Chaturvedi
- No of Shares : 123349
2. Mr. Salil Chaturvedi
- No of Shares : 120760
3. Mr. Deep Gupta
- No of Shares : 65291
4. Mr. Rakesh Rawat
- No of Shares : 44245
5. Mr. Akhil Chaturvedi
- No of Shares : 23794
6. Mr. Nigam Patel
- No of Shares : 23794
7. Mr. Virendra Chhabra (part of promoter group)
- No of Shares : 32500

18,00,000 convertible warrants were allotted to the above promoters / Promoter Group pursuant to a Special Resolution in accordance with Section 81(1A) and the Preferential issue Guidelines of SEBI passed by the members at the Extra Ordinary General Meeting held February 16, 2007 and the warrant holders have partly exercised their options earlier on March 29, 2008.
Subsequent to allotment of shares against the convertible warrants the shareholding of the said Promoters are as follows:

1. Mr. Nikhil Chaturvedi
- No of Shares : 2122399
- %age of Capital : 9.11
2. Mr. Salil Chaturvedi
- No of Shares : 2059027
- %age of Capital : 8.84
3. Mr. Deep Gupta
- No of Shares : 1134689
- %age of Capital : 4.87
4. Mr. Rakesh Rawat
- No of Shares : 822350
- %age of Capital : 3.53
5. Mr. Akhil Chaturvedi
- No of Shares : 582566
- %age of Capital : 2.50
6. Mr. Nigam Patel
- No of Shares : 582566
- %age of Capital : 2.50
7. Mr. Virendra Chhabra (Part of Promoter Group)
- No of Shares : 65000
- %age of Capital : 0.28

Further, the Promoters Shareholding in the paid up capital of the Company has been increased from 92,11,493 equity shares to 96,45,226 equity shares representing 41.43% of the total paid up capital. The equity shares shall rank pari-passu in all respects including payment of Dividend with the existing Equity Shares of the Company

Mobile Tele Board Approves Sub-Division Of Equity Shares - Sep 4, 2008

Mobile Tele Communications Ltd has informed that the Board of Directors of the Company at its meeting held on September 04, 2008, inter alia, has approved the sub-division in the face value of the equity shares from Rs 10/- each to Re 1/- each and the consequential alterations in the memorandum & articles of association of the Company

Wednesday, September 3, 2008

FIIs Continue Selling In Equities - 3 Sep 08

Foreign institutional investors (FIIs) sold shares worth a net Rs 171.70 crore on Monday, 1 September 2008, lower than their outflow of Rs 257 crore on Friday, 29 August 2008.

FII outflow of Rs 171.70 crore on 1 September 2008 was a result of gross purchases Rs 1348.80 crore and gross sales Rs 1520.50 crore. The market ended with small losses on Monday, 1 September 2008, staging a smart comeback from an intra-day fall. BSE Sensex lost 66.02 points or 0.45% at 14,498.51, recovering from an intra-day fall of 283.43 points.

FIIs sold shares worth a net Rs 1211.70 crore in August 2008, compared to their outflow of Rs 1836.80 crore in July 2008. FIIs had sold shares worth a net Rs 10095.80 crore in June 2008

FII outflow reached Rs 28942.30 crore in calendar 2008, so far, till 1 September 2008, as compared to an inflow of Rs 28942.30 crore by the same time last year.

There are a total of 1483 foreign funds registered with the Securities & Exchange Board of India (Sebi).

ICICI Bank - Allotment Of Equity Shares Under ESOS - 3 Sep 08

ICICI Bank Ltd has informed that the Bank has allotted 10,410 equity shares of face value of Rs 10/- each on August 25, 2008 under the Employees Stock Option Scheme, 2000 (ESOS).

Tuesday, September 2, 2008

Bosch Board Approves Buy back Of Equity Shares - 2 Sep 08

Bosch Ltd has informed that the Board of Directors of the Company at its meeting held on September 02, 2008 :

1. The Board in terms of Section 77A of the Companies Act, 1956 (Act) and the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998 (Regulations), and subject to such other approvals as may be necessary, approved and recommended to the shareholders, proposal to buyback such number of equity shares of the company from existing shareholders from open market through the Stock Exchange, to be financed out of the free reserves of the Company, at such price(s) as may be determined from time to time by the Committee of the Board of Directors constituted for the purpose but not exceeding Rs 4500/- (Rupees Four Thousand Five Hundred only) per equity share as approved / authorized by the Company such that the aggregate consideration for the shares bought back do not exceed 25% of the capital and free reserves of the Company as at December 31, 2007.

2. The Board also Constituted a Committee of Directors arid authorized the said Committee to do all that the Board is authorized to do in the matter or buyback of shares and such matters as specifically delegated by the Board including to decide from time to time the price at which the buyback to be undertaken within the limits approved / authorized by the Company in this regard, appoint and finalize the terms thereof for the intermediaries including Brokers, Merchant Bankers, Scrutinizers, Registrar, Bankers etc., to issue Notice to Shareholders as well as to take all necessary steps prior to and post the passing of necessary Resolution by the shareholders and as required under the Act, Regulation etc. and all such steps / actions etc as may be necessary to give effect to the decision as above.

3. The Board further authorized the Company Secretary to issue Notice to the members for passing of the resolution through Postal Ballot in terms of Section 192A of the Companies Act, 1956 read with the Companies (Passing of Resolution by Postal Ballot) Rules, 2001 to approve the buy-back.

Monday, September 1, 2008

Allotment Of Equity Shares Under ESOS For Religare Enterprises - 1 Sep 08

Religare Enterprises Ltd has informed that the Remuneration / Compensation Committee of Directors of the Company at its meeting held on August 30, 2008 has allotted 26,516 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 76148185 Equity Shares of Rs 10 each aggregating Rs 76,14,81,850/-.

ESOP Allotment Committee Of The Bank - 1 Sep 08

Kotak Mahindra Bank Ltd has informed that the ESOP Allotment Committee of the Bank at its meeting held on August 29, 2008, has allotted 74,190 equity shares of Rs 10/- each, pursuant to exercise of Employee Stock Option as under:

- ESOP Plan Series 2002-03/06 : 20,230 equity shares

- ESOP Scheme Series 2005/01 : 16,260 equity shares

- ESOP Scheme Series 2007/02 : 37,700 equity shares

ESOP Allotment Committee Of The Bank - 1 Sep 08

Kotak Mahindra Bank Ltd has informed that the ESOP Allotment Committee of the Bank at its meeting held on August 29, 2008, has allotted 74,190 equity shares of Rs 10/- each, pursuant to exercise of Employee Stock Option as under:

- ESOP Plan Series 2002-03/06 : 20,230 equity shares

- ESOP Scheme Series 2005/01 : 16,260 equity shares

- ESOP Scheme Series 2007/02 : 37,700 equity shares

The Equity Shares Of Resurgere Mines & Minerals India Ltd -1 Sep 08

Trading Members of the Exchange are hereby informed that effective from September 01, 2008 , the equity shares of Resurgere Mines & Minerals India Ltd (Scrip Code: 533017) 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 20080828-27 dated August 28, 2008.