Geometric Equity Shareholders To Approve Scheme Of Arrangement - April 29, 2009

Geometric Ltd has informed that pursuant to an Order pronounced on the April 23, 2009, the Honble High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of the Company will be held on May 21, 2009., for the purpose of considering and if thought fit, approving with or without modification(s), the Scheme of Arrangement between Geometric Ltd and its Shareholders for the purpose of financial restructuring of the Company (the Scheme).

Morgan Stanley Buys Stake In Unitech Of Equity Share - April 29, 2009

The foreign fund house Morgan Stanley has increased its stake in Unitech to 5.18% through the purchase a 5.1% equity share stake for Rs 400 crore through the QIP route.

Unitech has placed 10.4 crore shares with the fund, subsequent to which the latter holds a 5.2% stake in the former, as per the disclosures filed with the Bombay Stock Exchange (BSE). Prior to the placement, Morgan Stanley was holding 19.4 lakh shares, or 0.1%, in Unitech. Unitech has allotted a total of 42.1 crore shares at Rs 38.5 per share, including premium of Rs 36.5 to 44 qualified institutional buyers.

According to the company''s shareholding data available as on March 31, 2009, promoters held stake of 64.5%, while foreign institutional investors owned a 8.2% equity share. Bodies corporate and the public held 11% and 13%, respectively, in the company.

IDFC - Allotment Of Equity Shares Under ESOS - April 29, 2009

Infrastructure Development Finance Company Ltd (IDFC) has informed that the Committee of Directors at its meeting held on April 29, 2009, has allotted 30,000 fully paid up equity shares of Rs 10/- each to employees of the Company in terms of the Employee Stock Option Scheme (ESOS).

Pennar Announces Buyback Of 5 Per Cent Of Equity Shares - April 28, 2009

The Board of Directors of Pennar Industries Ltd at its meeting held on April 27, 2009 has considered and approved a buyback of its equity shares from existing shareholders through the Stock Exchange route, at a price not exceeding Rs 40 per share. The buy back amount will not exceed Rs 12 crores which represents 9.74% of the total paid up Equity Share Capital and Free Reserves of the Company.

The Company intends to buyback its fully paid up equity shares with a face value of Rs 5/- each to a maximum extent of 65 lakh shares and a minimum number of 10 lakh shares. The buyback offer will be valid from May 14, 2009 to April 26, 2010.

Commenting on this development, Mr. Nrupender Rao, Chairman and Managing Director of Pennar Industries Ltd said, The performance of the Company in 2008-09 was the best ever for the company and on sales of Rs 730 crores the EBIDTA was Rs 76 crores. The cash earnings for the year are at Rs 57 crores. The enhanced performance has resulted in substantial cash generation and a favourable liquidity position.

Mr. Rao further added, The Buyback of shares will enhance overall shareholder value by increasing the return on equity (ROE) and earnings per share (EPS) of the company. The promoters will not participate in the offer, and pursuant to the buyback of the shares, the percentage holding of the Promoters in the Company will increase. The buyback programme will provide a good opportunity for small shareholders holding physical shares to sell their shares.

Lupin - Allotment Of Equity Shares - April 28, 2009

Lupin Ltd has informed that the Allotment Committee of Directors at its meeting held on April 28, 2009 has allotted 8400 fully paid up equity shares of Rs 10/- each. These shares have been allotted upon exercising the 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 has been increased to Rs 828,279,500 consisting 82,827,950 equity shares of Rs 10/- each.

Geometric - Grant Of Options ESOP Of Equity Share Scheme - April 28, 2009

Geometric Ltd has informed that the Compensation Committee of the Company has granted 9,72,000 options to the senior management of the Company and its subsidiary companies.Further the Company has informed that, each Vested Option shall be convertible into 1 equity share of the Company of the face value of Rs 2/- each at the Exercise Price.

The vested Options shall be exercisable within such period not exceeding five years from the date of grant.

Good Luck Board Approves Subdivision Of Equity Share - April 27, 2009

Good Luck Steel Tubes Ltd has informed that the Board of Directors of the Company at its meeting held on April 25, 2009, inter alia, has unanimously approved the following:

1. Subdivision Split of the face value of equity from Rs 10 to Rs 2 and other connected matters in this regard.
2. Reissue of forfeited shares.

The aforesaid matters are subject to the approval of the members and other competent authorities, as the case may be.

The Company is proposing to convene an Extra Ordinary General Meeting of the Company for the inter alia aforesaid matters on May 30, 2009.

Sheetal Bio Agro Board To Increase Authorized Of Equity Share - April 27, 2009

The Board of Directors of the Sheetal Bio Agro Tech Ltd at its meeting held on April 25, 2009, inter alia, has taken the following decisions:

1. To increase authorized share capital of the Company from the existing authorized share capital of Rs 14,00,00,000 (Rupees Fourteen Crores only) to Rs 47,00,00,000 (Rupees Forty Seven Crores only) by issuing 33,00,00,000 (Thirty Three Crores) Equity Shares of Rs 1/- each, subject to consent of shareholders of the Company.

2. To raise funds by offering, issuing and allotting Rs 33,00,00,000 (Rupees Thirty Three Crores only) on QIP basis, subject to consent of shareholders of the Company.

3. The Board of Directors of the Company decided that Vitale Bio-Science Ltd will be merger with Sheetal Bio Agro Tech Ltd, subject to approval of shareholders.

4. To convene Extra Ordinary General Meeting of the Shareholders of the Company on June 05, 2009.

5. Draft notice for Extra Ordinary General Meeting is duly approved by the Board of Directors and authorize any of the Director of the Company to issue Notice of Extra Ordinary General Meeting of the Company.

Tech Mahindra To Grant Stock Options At Price Of Equity Share - April 27, 2009

Tech Mahindra Ltd has informed that the resolution passed by the Compensation Committee of the Board of Directors of the Company on April 27, 2009, for grant of 45,000 stock options (covering 45,000 equity shares of the Company) at an exercise price of Rs 340 per share (being the latest available closing price on The National Stock Exchange of India Ltd as of April 24, 2009, in line with the requirements of Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999), to certain employees and directors of the Company and / or its holding and subsidiary Companies, under Employee Stock Option Plan 2006 (ESOP 2006) of the Company.

Equity Shares Declared The Up Of Split - April 25, 2009

Alka Securities Ltd has informed that the Board of Directors of the Company at its meeting held on April 22, 2009, inter alia, has considered and approved the following:

1. Declared, the Split up of Equity Shares of the Company from Rs 2/- to Rs 1/- each and issue of further shares on rights basis to existing shareholders, as approved. This was as per the report of the scrutinizer appointed, for postal ballot.

2. Cancelled the shares which were forfeited due to non payment of calls in arrears.

Sandu Pharmaceuticals - Purchase Of Equity Shares - April 25, 2009

Sandu Pharmaceuticals Ltd has informed that the Company have received intimation from M/s. Akshath Finvest & Properties Pvt. Ltd. stating that they have acquired/purchased 8990 equity shares of the Company and the details of the same are as under:

1. Date of Purchase : March 25, 2009
- No of equity shares : 1000

2. Date of Purchase : March 30, 2009
- No of equity shares : 500

3. Date of Purchase : March 30, 2009
- No of equity shares : 2560

4. Date of Purchase : April 02, 2009
- No of equity shares : 4930.

Rajendra Electrical Allotment Of Equity Shares Of Rs 10/- Each - April 24, 2009

Rajendra Electrical Industries Ltd has informed that the Board of Directors of the Company at its meeting held on March 20, 2009, inter alia, allotted 23,32,500 Equity Shares of Rs 10/- each as bonus shares to the holders of the existing 23,32,500 Equity Shares, raising the paid up capital to Rs 46,650,000/-.

HDFC Bank Board Recommends Dividend Of Equity Share - April 24, 2009

HDFC Bank Ltd has informed that the Board of Directors of the Bank at its meeting held on April 23, 2009, inter alia, have recommended a dividend of Rs 10/- per equity share of Rs 10/- each (i.e. 100%) out of the net profits for the year ended March 31, 2009.

Galaxy Smith Kline Consumer Approved Final Dividend Of Equity Share - April 24, 2009

GlaxoSmithkline Consumer Healthcare Ltd has informed that the members at the 50th Annual General Meeting (AGM) of the Company held on April 24, 2009, inter alia, have approved the following:

1. Approved the Audited Balance Sheet and Profit and Loss Account for the year ended December 31, 2008 together with the Directors Report and Auditors Report thereon.

2. Approved final dividend of Rs. 5.00 per equity share of Rs 10 each for the year ended December 31, 2008 and confirmed the Interim Dividend amounting to Rs 10.00 per equity share of Rs 10 each already paid for the year ended December 31, 2008.

3. Re-appointed M/s Price Chartered Accountants, as the Auditors of the Company upto the conclusion of the next Annual General Meeting of the Company.

Unitech Limited Has Informed The Allotment Equity Share - April 23, 2009

Unitech Ltd has informed that the Allotment Committee of the Directors of the Company in its meeting held on April 22, 2009, has allotted of 421064935 equity shares of Rs 2/- each at issue price of Rs 38.50 per share to 55 QIBs allottees.

Corporation Bank Disclosed Allotment Of Equity Shares - April 23, 2009

Corporation Bank has informed that in terms of the recent amendments to the SEBI (Substantial Acquisition of equity shares and Takeovers) Regulations, 1997 and based upon the present information available with the Bank, the Government of India (i.e. President of India), the Promoter of the Bank has not pledged any of its equity shares.

Hazoor Multi Allotment 3,50,000 Buy Back Of Equity Shares - April 23, 2009

Hazoor Multi Projects Ltd has informed that the Board of Directors of the Company at its meeting held on April 23, 2009, inter alia, has considered and made the allotment of 3,50,000 Equity Shares of Rs 4/- each at a price of Rs 16/- each (Rs 4/- each at a premium of Rs 12/- each) on conversion of equivalent number at share warrants out of 85,00,000 share warrants issued and allotted on Preferential Allotment Basis as shown below:

- Name of the Allottee : Pranam Reality Pvt. Ltd

- Number of Equity shares allotted on conversion : 3,50,000

- Category of Allottee : Body Corporate from Public- non promoter

Board also considered the extinguishment of 46,25,000 share warrants pending conversion, out of 85,00,000 share warrants issued on Preferential Allotment Basis on October 08, 2007 and forfeit the application money of Rs 74,00,000 paid on these warrants due to non-exercise of option to convert the warrants into equity shares by the warrant holders.

Wipro Board Recommends Final Dividend Equity Share - April 22, 2009

The Board of Directors of the Wipro Ltd at their meeting held on April 21, 2009 adjourned to April 22, 2009, has recommended a final dividend of Rs 4 per equity share of par value of Rs 2/- each.

Board Of Sarang Chemicals Allotment Of Equity Share- April 22, 2009

Sarang Chemicals Ltd has informed that the Board of Directors of the Company at its meeting held on April 20, 2009, inter alia, has taken the following decisions:

1. To increase authorized share capital of the Company from the existing authorized share capital of Rs 17,50,00,000, (Rupees Seventeen Crores Fifty Lakhs only) to Rs 52,50,00,000 (Rupees Fifty Two Crores Fifty Lakhs only) by issuing 35,00,00,000 (Thirty Five Crores) Equity Shares of Rs 1/- each, subject to consent of shareholders of the Company.

2. To raise fund by offering, issuing and allotting Rs 35,00,00,000 (Rupees Thirty Five Crores only) on QIP basis, subject to consent of shareholders of the Company.

3. The Board of Directors of the Company decided that Hirak Biotech Ltd. will be merger with Sarang Chemicals Ltd., subject to approval of shareholders.

4. To convene Extra Ordinary General Meeting of the Shareholders of the Company on June 01, 2009.

5. Draft notice for Extra Ordinary General Meeting is duly approved by the Board of Directors and authorize any of the Director of the Company to issue Notice of Extra Ordinary General Meeting of the Company.

Dai-Ichi Karkaria Board To Consider Buy Back Of Equity Share - April 21, 2009

Dai-Ichi Karkaria Ltd has informed that a meeting of the Board of Directors of the Company will be held on April 28, 2009, inter alia, for consideration of a proposal involving Buy - back of equity shares of the Company.

Blue Coast-Delisting Of Equity Shares From DSE - April 21, 2009

Blue Coast Hotels & Resorts Ltd has informed that the Companys application for the voluntary de-listing of the securities of the Company has been approved by the Delisting committee of the Delhi Stock Exchange Ltd (DSE). Accordingly the Equity Shares of the Company stand de-listed from the DSE with effect from March 31, 2009.

Choice International Received Approval To Allotment Of Equity Shares - April 21, 2009

Choice International Ltd has informed that the Board of Directors of the Company at its meeting held on April 17, 2009, inter alia, has passed the following resolutions:

1. The Company will start business related to insurance broking, mutual fund & necessary formalities shall be completed in due course. The Company will also provide advisory services related to project financing & other fund raising matters.

2. The Company will issue 2500000 additional equity shares through preferential allotment. Authorized capital will be increased for this purpose.

An Extra Ordinary General meeting will be called on May 18, 2009 for approval of shareholders on above matters.

GNFC - Disclosure Of Allotment Of Equity Shares - April 20, 2009

Gujarat Narmada Valley Fertilizers Company Ltd (GNFC)has informed that neither the promoter nor the promoter group Company has pledged any of the equity shares held by it in the Company as on March 31, 2009.

AXIS Bank - Allotment Equity Shares Under ESOP - April 20, 2009

AXIS Bank Ltd has informed that the Committee of Directors of the Bank on April 18, 2009 has made the allotment of 41,297 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 35,90,46,415 equity shares from 35,90,05,118 equity shares.

Apollo Hospitals - Allotment Of Equity Shares - April 20, 2009

Apollo Hospitals Enterprise Ltd has informed that the Committee of Board of Directors at its meeting held on April 18, 2009 approved the allotment of 1,549,157 equity shares of face value of Rs 10/- each at a price of Rs 497.69 per share to Dr. Prathap C Reddy, promoter of the Company. Consequent to the above allotment, the paid up share capital of the Company has been increased to Rs 617,848,590/- (consisting of 61,784,859 equity shares of Rs 10/- each) from Rs 602,357,020/- (consisting of 60,235,702 equity shares of Rs 10/- each).

HCL Technologies Allotment Of 66,500 Equity Shares - April 17, 2009

HCL Technologies Ltd has informed that the Employees Stock Option Allotment Committee of the Company on April 16, 2009, allotted 66,500 Equity Shares of Rs 2/- each, under the 2000 and 2004 Stock Option Plans of the Company. Consequent to the said allotment the paid-up share capital of the Company has gone upto 669,841,312 equity shares of Rs 2/- each aggregating to Rs 133,96,82,624/-.

Preferential Of Indo Amines Allotment Equity Share - April 16, 2009

Indo Amines Ltd has informed that in the Preferential issue committee at its meeting held on April 07, 2009, has allotted 8,50,000 convertible warrants, each warrant carrying right to subscribe to one Equity shares of Rs 10/- each at a price of Rs 12/- including premium of Rs 2/- per share at cash to following allottees namely:

1. Name of Allottees : Versatile Chemicals Ltd
- Number of Shares : 6,37,500

2. Name of Allottees : Unigroup Resources Pvt. Ltd
- Number of Shares : 2,12,500.

Spice Mobiles-Equity Share Purchase Agreementa - April 16, 2009

Spice Mobiles Ltd has informed that the Company have been intimated by Spice Televentures Pvt Ltd (Acquirer) and Spice Enfotainment Ltd and Twenty First Century Capitals Ltd (together the Sellers) that they have entered into a Share Purchase Agreement on April 15, 2009 for acquisition by the Acquirer from the Sellers of 2,90,60,270 (38.93%) and 30,73,694 (4.12%) Equity Shares, respectively, aggregating to 3,21,33,964 Equity Shares constituting 43.05% of the paid-up Share Capital of Spice Mobiles Ltd (the Company).

The Acquirer and the Sellers together form part of the Promoter and Promoter Group Of the Company.

Currently the Acquirer holds 20.18% of the Equity Share Capital of the Company and accordingly, post acquisition of the abovesaid shares from the Sellers would hold 63.23% of the Equity Share Capital of the Company.

In furtherance to the aforesaid, the Acquirer has undertaken to make a public announcement to the shareholders of the Company making an offer in accordance with the provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, as amended.

Reliance Industries Allottred Equity Shares - April 15, 2009

Reliance Industries Ltd has informed that the Company has allotted 200 equity shares of Rs 10/- each, on March 31, 2009 to its employees, pursuant to the Employees Stock Option Scheme.

Action Financial Decided To Allotment Equity Shares - April 15, 2009

The Board of Directors of the Action Financial Services India Ltd at its meeting held on April 11, 2009, has decided to allot 3,60,000 Equity Shares of Rs 10/- each at a premium of Rs 9.25 per share, pursuant to the conversion of 3,60,000 Convertible Warrants issued to the promoters which are eligible for conversion on or before April 11, 2009 in terms of resolution passed in the Annual General Meeting held on September 29, 2007.

SS Organics Allotted Equity Shares - April 15, 2009

SS Organics Ltd has informed that the Committee of Directors at their meeting held on April 01, 2009, have allotted 25,00,000 equity shares by converting unsecured loans pursuant to the BIFR Sanctioned Scheme.

Ion Exchange - Allotment Of Equity Shares - April 14, 2009

Ion Exchange India Ltd has informed that at the Employees Stock Option Compensation Committee Meeting held on March 25, 2009, the Committee has allotted 2000 Equity Shares to employee of the Company pursuant to stock options exercised under the 2nd Grant of Employees Stock Option Scheme - ESOS 2005.

Jindal Photo - Voluntary Delisting Of Equity Shares - April 14, 2009

Jindal Photo Ltd has informed that the promoters group lead by M/s Soyuz Trading Company Ltd, has vide its letter dated April 04, 2009 intimated their intention for acquiring all outstanding equity shares not held by the promoter group and consequently will seek for voluntary delisting of the shares from National Stock Exchange of India Ltd and from Bombay Stock Exchange Ltd (from where the voluntary delisting application is pending) and also requested the Company to convene an Extra Ordinary General Meeting of its shareholders to consider the matter.

Hence accordingly, the Board of Directors of the Company at its meeting held on April 13, 2009 have discussed & decided to call an Extra Ordinary General Meeting of the shareholders on May 14, 2009 to discuss & approve the matter of voluntary delisting of the Equity shares of the Company from the Stock Exchange(s).

Sahyadri Industries - Exposure Of Security Of Equity Shares - April 14, 2009

Sahyadri Industries Ltd has informed that the Company have been informed by the promoters/promoter group of the Company that they have pledged 20,12,200 Equity Shares of the Company held by them. The details of the same are given below:

1. Name of the Shareholder - Vallabhbhai Laljibhai Patel
No of Shares - 14,58,600
% of total paid up capital - 15.25%

2. Name of the Shareholder - Satyen Patel
No of Shares - 2,42,450
% of total paid up capital - 2.54%

3. Name of the Shareholder - Vipul Vallabh Patel
No of Shares - 1,70,350
% of total paid up capital - 1.78%

4. Name of the Shareholder - Jignesh Patel
No of Shares - 1,40,800
% of total paid up capital - 1.47%

The pledged shares work out to be 21.04% of the total paid up share capital of the Company.

Board Of Satyam Computer Allotted Of Equity Shares - April 13, 2009

The Board of Directors of the Satyam Computer Services Ltd on April 09, 2009 had allotted 63,228 equity shares under stock option plans of the Company. Consequent to the above allotment, the paid up share capital of the Company has gone up from 673,894,792 equity shares of Rs 2/- each aggregating Rs 1,347,789,584.00 to 673,958,020 equity shares of Rs 2/- each aggregating Rs 1,347,916,040.00.

Board Of Suave Hotels Limited Allotted Equity Shares - April 13, 2009

Suave Hotels Ltd has informed that the Board of Directors of the Suave Hotels Ltd at its meeting held on March 31, 2009, inter alia, has passed the following resolution: - Upon exercise of conversion of option by the warrants holders by payment of balance 90% amount of preferential warrants, 52,50,000 Equity Shares of Rs 10/- each at a premium of Rs 18/- be and are allotted on the conversion of 52,50,000 warrants issued to the allottees.

Employees Stock Option Scheme Allotment Of Equity Share - April 13, 2009

The Sub-Committee of Directors at its meeting held on April 13, 2009, has Jindal Steel & Power Ltd 57,136 equity shares of Re 1/- each in accordance with the terms of Employees Stock Option Scheme (ESOS-2005). Consequently with effect from April 13, 2009 the issued and subscribed share capital of the Company stands increased to Rs 15,47,09,819.00 divided into 15,47,09,819 equity shares of Re 1/- each.

Madhu Jajoo Sold Shares Of Ikab Securities - April 10, 2009

Mrs. Madhu Jajoo, holding 288300 equity shares (8.36%) in the Ikab Securities & Investment Ltd., has informed that she has sold 144300 equity shares (4.18%) on March 31, 2009.

Jain Irrigation Allotted To Fully Paid-Up Equity Shares - April 10, 2009

The Sub-Committee of Board of Directors of the Jain Irrigation Systems Ltd at its meeting held on April 09, 2009, has passed the resolution pursuant to approval of the Shareholders at their meeting dated March 26, 2009, allotted 19,97,780 fully paid-up Equity Shares of the Company of the face value of Rs 10 each of the Company to the following persons at a issue price of Rs 360.40 per share (including a premium of Rs 350.40) in the following manner:

Name of Allottee: International Finance Corporation (IFC)

No. of Shares Allotted: 19,97,780.

Sampat Jajoo Sold Equity Shares Held On Ikab Securities - April 09, 2009

Sampat Jajoo, holding 67400 equity shares (1.95%) in the Ikab Securities & Investment Ltd, has informed that he has sold 8900 equity shares (0.26%) on March 31, 2009.

Board Of Directors Of India Approves Allotment Of Equity Shares - April 09, 2009

The board of directors of the Bhagyanagar India Ltd at its meeting held on April 09, 2009, inter alia, has approved:

Buy Back of the Company’s fully paid-up equity shares of Rs 2/- each, from open market through Stock Exchange mechanism, subject to the approval of the members through postal ballot and from SEBI under the SEBI (Substantial Acquisition of Shares And Takeovers) Regulations, 1997, for an amount not exceeding Rs 20,00,00,000/-(Rupees Twenty Crores only) to a minimum of 50,00,000 shares and a maximum of 1,00,00,000 shares, up to a maximum price of Rs 40/- per equity share, in accordance with the provisions contained in the Articles of Association, 77A, 77AA, 77B and other applicable provisions of the Companies Act, 1956.

Board Of Directors Of Gee Kay Finance Decided To Equity Share - April 08, 2009

Board of Directors of Gee Kay Finance at its meeting held on April 07, 2009, has considered the following:

1. The Board of Directors have decided to acquire shareholding in Sigrun Realties Ltd by issuing 1 equity share of Rs 10/- each and 1 Optionally Convertible Preference Share of Rs 10/- each convertible into equal number of equity shares to shareholders of Sigrun Realties Ltd for every 25.25 equity shares held in Sigrun Realties Ltd.

2. To issue 25 Lacs warrants to Pacific Corporate Services Ltd convertible into equal number of equity shares on preferential allotment basis.

3. Increase in Authorised Share Capital of the Company.

4. Alteration of Capital Clause V of the Memorandum of Association of the company.

5. Alteration of Article 3 of Articles of Association of the Company.

6. To Change the name of the Company.

7. Approved draft Postal Ballot Notice.

Disclosure Of Pledge Of Equity Shares - Rolta India - April 08, 2009

Rolta India Ltd has informed that one of the Promoter Group Company Viz. Rolta Shares & Stocks Pvt. Ltd. has revoked 74,672 shares out of earlier pledged 41,55,000 fully paid-up Equity Shares of Rs 10/- each of the Company. As on date, outstanding shares pledged by Rolta Shares & Stocks Pvt. Ltd., is 40,80,328 constituting 2.53% of the paid-up capital of the Company.

Simplex Infrastructures Allotment Of Equity Shares - April 07, 2009

Simplex Infrastructures Ltd has informed that the Company had allotted 55,00,000 warrants at a price of Rs 401/- per warrant to a promoter group Company namely, M/s. RBS Credit and Financial Development Ltd (RBS) on October 04, 2007 in accordance with Section 81(1A) of the Companies Act, 1956 and Chapter XIII of Securities and Exchange Board of India (Disclosure and investor Protection) Guidelines, 2000 after obtaining approval from the members of the Company at its Annual General Meeting held on September 19, 2007.

The Company had also obtained inprincipal approval from the Stock Exchanges in this regard. As per terms of the issue RBS was entitled to apply for and be allotted one fully paid equity share of the face value of Rs 2/- each against one warrant. The Company had received Rs 40.10 per warrant being 10% of the issue price of 55,00,000 warrants on October 04, 2007 from RBS.

The Board of Directors of the Company had passed a resolution for conversion of 2,00,000 warrants into equity shares on March 27, 2008 after they received an application in this regard from RBS along with the requisite payment.

In accordance with Chapter XIII of Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000, the warrant holder has the option to exercise the right of conversion of warrants into equity shares within 18 months from the date of allotment. In our case the said 18 months period expired on the close of business hours on April 03, 2009.

This is to inform that RBS has not exercised their right for conversion of warrants into equity shares within the stipulated time frame of 18 months and therefore the remaining 53,00,000 warrants now stand lapsed.

HCL Technologies - Allotment Of Equity Shares - April 07, 2009

HCL Technologies Ltd has informed that the Employees Stock Option Allotment Committee of the Company on April 06, 2009 allotted 12,956 Equity Shares of Rs 2/- each, under the 2004 Stock Option Plan of the Company. Consequent to the said allotment the paid-up share capital of the Company has gone upto 669,774,812 equity shares of Rs 2/- each aggregating to Rs 133,95,49,624/-.

India's Largest Commercial Bank By Allotment Of Equity Share - April 06, 2009

Meanwhile, the BSE Sensex was up 202.64 points, or 1.96%, to 10551.47. On BSE, 11.58 lakh shares were traded in the counter. The scrip had an average daily volume of 10.01 lakh shares in the past one quarter. The stock hit a high of Rs 1199 and a low of Rs 1113.15 so far during the day. The stock had hit a 52-week high of Rs 1840 on 5 May 2008 and a 52-week low of Rs 894 on 9 March 2009.

The stock had risen 12.06% in three trading sessions to Rs 1145.35 on 2 April 2009 from Rs 1022 on 30 March 2009. Yet, the stock underperformed the market over the past one month till 2 April 2009, rising 15.08% as compared to the Sensex's 20.24% rise. It had also underperformed the market in the past one quarter, falling 13.88% even as the Sensex rose 3.92%.

India's largest commercial bank by assets has an equity capital of Rs 634.88 crore. Face value per share is Rs 10.

The current price of Rs 1130.05 discounts the bank's Q3 December 2008 annualized EPS of Rs 156.15, by a PE multiple of 7.23.

State Bank of India (SBI) Chairman O P Bhatt had told reporters on 29 March 2009, that SBI's credit growth in January-March 2009 quarter was lower than expected. He added that there should be some downward revision in lending as well as deposit rates in the new financial year. The Asset-Liability Committee of SBI, Bhat said, would take a call on interest rates as and when required.

Bhatt also said there was enough liquidity though there was a significant pressure on interest margins. SBI had ample liquidity and did not plan to go in for further capital raising. The bank in fact recorded Rs 1,000-crore deposit everyday in October-November 2008, Bhat said.

SBI has 43% market share and the market capitalisation of the bank was more than that of Citibank, he said.

Earlier, SBI had revised the deposit rates downwards by 40 basis points (bps) to 50 bps for a few maturities effective from 9 March 2009.

The bank had on 20 February 2009 said that it had frozen interest rates for new car loans at 10% and loans to farmers against warehouse receipts at 8%. The revised car loan rates will be on offer for a limited period from 23 February 2009 to 31 May 2009 and the interest rate will be reset at the applicable card rate after 1 June 2010.

Similarly, SBI, on 31 January 2009, had announced a freeze on interest rates on new home loans at 8% for a period of one year.

Meanwhile, SBI's advance tax payment jumped 27.64% to Rs 1810 crore in Q4 March 2009 over Q4 March 2008. Higher advance tax payment have raised expectations of good Q4 numbers from the state-run bank.

State Bank of India's net profit jumped 37% to Rs 2478.42 crore on 38.3% gain in net sales to Rs 21255.90 crore in Q3 December 2008 over Q3 December 2007.

SBI provides banking, treasury and credit management services to individual and corporate clients. The government of India holds 59.41% stake in the bank as on 31 December 2008.

Great Offshore Sets Sail On Allotment Of Equity Share - April 03, 2009

The company made this announcement during trading hours today, 2 April 2009. Meanwhile, the BSE Sensex was up 441.55 points, or 4.46%, to 10,343.54. On BSE, 2.64 lakh shares were traded in the counter. The stock had an average daily volume of 79,746 shares in the past one quarter. The stock hit a high of Rs 271.90 and a low of Rs 253.70 so far during the day. The stock hit a 52-week high of Rs 774.50 on 22 May 2008 and a 52-week low of Rs 200 on 18 November 2008.

The small-cap stock had underperformed the market over the past one month till 1 April 2009, falling 0.62% as compared to the Sensex's 11.36% rise. It had also underperformed the market in the past one quarter, falling 0.56% as compared to the Sensex's 0.01% fall.

The company's current equity is Rs 37.14 crore. Face value per share is Rs 10.

The current price of Rs 262.45 discounts the company's Q3 December 2008 annualized EPS of Rs 62.16, by a PE multiple of 4.22.

The company had on 31 March 2009 chartered three vessels to Oil & Natural Gas Corporation (ONGC) for a period of three years in a contract valued at $65 million.

Great Offshore's net profit rose 4.9% to Rs 57.72 crore on 42.2% rise in net sales to Rs 275.83 crore Q3 December 2008 over Q3 December 2007.

Great Offshore is an integrated offshore oilfield services provider, offering a broad spectrum of services to upstream oil and gas producers.

Great Offshore had on 4 February 2009 announced that the promoters pledged more than 55.27 lakh shares representing 14.88% of the equity capital of the company. The company did not mention with whom the shares were pledged. The total promoter shareholding in the company stood at 15.73% as on 31 December 2008.

Indo Count - Allotment Of Equity Shares - April 03, 2009

Indo Count Industries Ltd has informed that pursuant to the resolution passed by the shareholders at the Extra Ordinary General meeting held on March 20, 2009, the Allotment Committee has allotted, in the aggregate 32,50,000 equity shares of Rs 10/- for cash at par to M/s. Indocount Securities Ltd., a promoters group Company, on preferential basis the details of which are as under:

Date of the Meeting - March 31, 2009
Number of Shares Allotted - 30,00,000
Amount Rs - 300,00,000/-

Date of the Meeting - April 02, 2009
Number of Shares Allotted - 2,50,000
Amount Rs - 25,00,000/-
Total
Number of Shares Allotted - 32,50,000
Amount Rs - 325,00,000/-

Allied Digital Surges On Equity Share - April 02, 2009

The company announced the acquisition after trading hours on Wednesday, 1 April 2009. Meanwhile, the BSE Sensex was up 436.56 points, or 4.41%, to 10,338.55. On BSE, 33,753 shares were traded in the counter. The stock had an average daily volume of 7,317 shares in the past one quarter. The stock hit a high of Rs 197.95 and a low of Rs 183.90 so far during the day. The stock hit a 52-week high of Rs 1049.60 on 6 June 2008 and a 52-week low of Rs 146.05 on 9 March 2009.

The small-cap stock had underperformed the market over the past one month till 1 April 2009, falling 6.94% as compared to the Sensex's 11.36% rise. It had also underperformed the market in the past one quarter, declining 51.66% as compared to the Sensex's 0.01% fall.

The company's current equity is Rs 18.11 crore. Face value per share is Rs 10.

The current price of Rs 192.05 discounts the company's Q3 December 2008 annualized EPS of Rs 41.13, by a PE multiple of 4.67.

The company said the latest acquisition will enhance its remote infrastructure management and application support services portfolio. The financial details were not disclosed.

En Pointe Technologies India has a pool of competent and certified SAP consultants with rich experience of multi geography, multi country SAP consulting and support services.

Allied Digital Services' net profit fell 13.36% to Rs 18.62 crore on 7.39% fall in net sales to Rs 95.31 crore in Q3 December 2008 over Q2 September 2008.

Allied Digital operates in diversified segments viz. IT solutions, networking and communication solutions, integrated solutions and software solutions. It is also into infrastructure management services, telecom-BPO and remote management services to its customers pan India.

To Approve Scheme Of Amalgmation Of Equity Shareholders- April 02, 2009

Kamadgiri Synthetics Ltd has informed that pursuant by an Order made on the March 20, 2009, the Honble High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of the Company will be held on April 18, 2009, for the purpose of considering, and, if thought fit, approving with or without modification (s), the Scheme of Amalgamation of Stripes Apparels Ltd, the Transferor Company with the Transferee Company and there respective shareholders.

Religare Enterprises - Allotment Of Equity Shares Under ESOS - April 02, 2009

Religare Enterprises Ltd has informed that the Share Allotment Committee of Directors of the Company, in their meeting held on April 01, 2009, has allotted 11,537 Equity Shares on exercise of stock options under the Employees Stock Option Scheme 2006 (ESOS) of the Company. The paid up Equity Share Capital of the Company post allotment is Rs 7,63,01,297 Equity Shares of Rs 10 each aggregating Rs 76,30,12,970/-.

Substantial Infusion Of Equity Shares By Selling - April 01, 2009

Meanwhile, the BSE Sensex was up 50.01 points, or 0.52%, to 9749.13. On BSE, 14.89 lakh shares were traded in the counter. The scrip had an average daily volume of 39,551 shares in the past one quarter. The stock hit a high of Rs 80 and a low of Rs 68.45 so far during the day. The stock had a 52-week high of Rs 323 on 21 May 2008 and a 52-week low of Rs 67.50 on 13 March 2009.

The stock had underperformed the market over the past one month till 30 March 2009, rise 6.28% as compared to the Sensex's 9.19% rise. It had also underperformed the market in the past one quarter, falling 21.02% as compared to the Sensex's gain of 0.63%.

India's seventh largest pharma company by revenues has an equity capital of Rs 54.72 crore. Face value per share is Rs 5.

The current price of Rs 73.30 discounts the company's Q3 December 2008 annualized EPS of Rs 4.91, by a PE multiple of 14.92.

Wockhardt said it is facing problems in servicing its debt and will undertake a corporate debt restructuring exercise, for which it has roped in ICICI Bank. The firm's promoter Habil Khorakiwala resigned as managing director (MD) on Tuesday, 31 March 2009, but will continue as executive chairman. His son, Murtaza will be the new MD.

The company said it is looking at restructuring its certain businesses and subsidiaries, due to which it has delayed declaring the financial results of the fiscal year ended 31 December 2008. The audit of the annual accounts of the company for the financial year ended December 2008 would be completed by 25 April 2009.

The company's market capitalisation of Rs 936 crore is tiny compared to its debt burden of over Rs 3,000 crore. There is also intense speculation that the company has incurred substantial mark-to-market losses because bets on forex derivatives had gone wrong.

Although the exact quantum of the alleged mark-to-market loss could not be ascertained, media report estimated it between $150 million to $300 million.

The firm will reportedly need substantial infusion of equity by selling subsidiaries, assets or by inducting a strategic partner in the parent company.

Wockhardt's debt stood at Rs 3,777 crore as of 31 December 2008. The company would have to repay Rs 2,370 crore in two years, with about Rs 1,324 crore coming up for repayment in calendar 2009.

Earlier some reports had suggested that French pharma major Sanofi Aventis has had prliminary talks with the promoters of Wockhardt for a possible buy out.

On Tuesday, 31 March 2009, a newspaper report had indicated that Ranbaxy Group's Fortis Healthcare had emerged as a front-runner to acquire a 74% stake in unlisted Wockhardt Hospitals for close to Rs 750 crore.

Wockhardt's net profit declined 77% to Rs 13.43 crore on 20.9% fall in net sales to Rs 416.83 crore in Q3 December 2008 over Q3 December 2007.

Wockhardt specializes in the production of pharmaceuticals in both generic and prescription forms. The company has develop brands in a variety of segments, including anti-infectives, pain & inflammation, cough, psychiatry, medical nutrition, vaccines, active pharmaceutical ingredients and bio-technology.

Mid-Cap Capital Maker Has An Equity Shares - April 01, 2009

Meanwhile, the BSE Sensex was up 112.46 points, or 1.16%, to 9819.76. On BSE, 16.91 lakh shares were traded in the counter. The scrip had an average daily volume of 2.54 lakh shares in the past one quarter. The stock hit a high of Rs 58.85 and a low of Rs 52.30 so far during the day. The stock had a 52-week high of Rs 324 on 6 May 2008 and a 52-week low of Rs 46.25 on 28 November 2008.

The stock had underperformed the market over the past one month till 30 March 2009, falling 7.80% as compared to the Sensex's 9.19% rise. It had also underperformed the market in the past one quarter, sliding 23.27% as compared to the Sensex's gain of 0.63%.

The mid-cap chemicals maker has an equity capital of Rs 31.98 crore. Face value per share is Rs 1. Around 5 lakh shares changed hands at Rs 55 each on BSE. While, 6.42 lakh shares changed hands at Rs 56.20 each on NSE.

On 19 March 2009 Quantum India Fund had offloaded 43.70 lakh shares in the company in a block deal of which Birla Sun Life Insurance Company had bought 24 lakh shares at Rs 52.50 each.

Godrej Industries reported a net loss of Rs 3.39 crore in Q3 December 2008 as compared to net profit of Rs 33.06 crore in Q3 December 2007. Net sales fell 5.5% to Rs 187.17 crore in Q3 December 2008 over Q3 December 2007.

Godrej Industries is India's leading manufacturer of oleo chemicals and makes more than a hundred chemicals for use in over two dozen industries. It also manufactures edible oils, vanaspati and bakery fats. Besides, it operates businesses in medical diagnostics and real estate.

Laboratories Board Considers Sub-Division Of Equity Shares - April 01, 2009

Anu''s Laboratories Ltd has informed that the Board of directors of the company at its meeting held on 31st March 2009 has, subject to the approval of the shareholders of the Company at the EGM, accorded its approval to the sub-division of the face value of Equity Shares of the Company from Rs 10/- each to Re 1/- each and, accordingly, the Authorised Share Capital of 1,50,00,000 Equity Shares of Rs 10/- each shall be sub-divided into 15,00,00,000 Equity Shares of Re 1/- each and the issued and paid up capital of 1,20,76,000 equity shares of Rs 10/- each in the share capital of the company be sub-divided into 12,07,60,000 equity shares of Re. 1/- each fully paid-up.