Tuesday, June 30, 2009

Koffee Break - Conversion Of Warrants Into Equity Shares - June 30, 2009

Koffee Break Pictures Limited has informed that the committee in their meeting held on June 29, 2009, converted 36,25,000 warrants into 36,25,000 equity shares of Re 1/- each at a price of Rs 2.10/- including premium of Rs 1.10/- per equity share at cash to the following allottees namely:

- Name of Allottees : Jignasa N Thesia
Number of Equity Shares : 375000

- Name of Allottees : Saroj P Thesia
Number of Equity Shares : 375000

- Name of Allottees : Pradipkumar D Thesia
Number of Equity Shares : 500000

- Name of Allottees : Nandkishor D Thesia
Number of Equity Shares : 500000

- Name of Allottees : Ketan B Jain
Number of Equity Shares : 1250000

- Name of Allottees : Mehul U Shah
Number of Equity Shares : 250000

- Name of Allottees : Aristrocat Equity Pvt. Ltd
Number of Equity Shares : 375000.

Maxwell Industries Board Allotment Of Equity Share - June 30, 2009

Maxwell Industries Limited has informed that the Board of Directors of the Company at its meeting held on June 30, 2009, inter alia, has approved the following:

1. Recommend dividend of Rs 5 per equity share on 5% Redeemable Preference Equity Shares of Rs 100/- each for the financial year 2008-09.

2. Recommend dividend of 20% (40 paise per equity share) on Equity Shares of the Company face value of Rs 2/- each for the financial year 2008-09.

3. To established a Knitting Unit at Village Kanchigam, Dist. Daman.

Kiri Dyes And Chemicals Allotment Of Equity Share - June 30, 2009

The board of Kiri Dyes and Chemicals has recommended final dividend at the rate of Rs 1.50 per equity share (15%) for the year ended as on 31 March 2009. The board has also decided to raise fund to the tune of Rs 150 crore by way of QIPs/preferential allotment/FCCB/GDR etc. for expansion and diversification of the company.

The board has also decided to increase in borrowing power of the company from Rs 300 crore to Rs 700 crore.

This was recommended at the board meeting held on 29 June 2009.

Monday, June 29, 2009

Wipro - Allotment Of Equity Shares - June 29, 2009

Wipro Limited has informed that Administrative Committee of the Companys Board of Directors vide Circular resolution dated June 26, 2009 :

1. Resolved to issue and allot 138454 equity shares of Rs 2/- each pursuant to exercise of the stock options by the eligible employees under Restricted Stock Unit Plan 2004 and Restricted Stock Unit Plan 2005.

2. Allotted 33720 equity shares of par value of Rs 2/- to JP Morgan Chase Bank, the Companys depository as underlying equity 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.

Gremach Infrastructure Board Allotment Of Equity Shares - June 29, 2009

Gremach Infrastructure Equipments & Projects Limited has informed that the Board of Directors of the Company at its meeting held on June 27, 2009, inter alia, has considered, discussed, and approved the following:

1. For raising of additional long term resources to part finance the Companys Capex and / or for other General Corporate purpose including reducing the leverage, depending on market dynamics, through Issue of Global Depository Receipts (GDRs) / American Depository Receipts (ADRs) / QIP / Warrants and / or otherwise, instrument convertible into Equity shares, optionally or otherwise, in one or more tranches, not exceeding USD 100 Million (United States Dollar one hundred Million only) in the aggregated, in the International Capital Market or its Indian Rupee Equivalent inclusive of such premium as may be determined by the Board, subject to the approval of the equity Shareholders at the ensuing Annual General Meeting.

2. Recommended divided of Rs 0.50 Per Equity Share having face value of Rs 10/- each for the financial year ended March 31, 2009 on its total paid-up Equity Share Capital subject to the approval of the equity Shareholders at the ensuing Annual General Meeting.

However, the discussion on the approval of Audited Financial Results for financial year 2008-2009, which was in the Agenda but could not be discussed hence the Board Meeting has been adjourned to June 30, 2009.

Housing Development Finance Corporation Allotment Equity Shares - June 29, 2009

Housing Development Finance Corporation Limited has informed that the Corporatio on 29 June 2009, allotted 23,962 equity shares of Rs 10 each pursuant to exercise of stock options by employees.

Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs 284,56,03,540 consisting 28,45,60,354 equity shares of Rs 10 each.

The company made this announcement during the trading hours on 29 June 2009.

Saturday, June 27, 2009

Orissa Sponge - Discovery Acquirement Of Equity Shares - June 27, 2009

Bhushan Energy Ltd has informed that Bhushan Energy Ltd (BEL) along with Mr. Brij Bhushan Singal, Mr. Neeraj Singal, BNS Steel Trading Pvt. Ltd, BBN Transportation Pvt. Ltd, BNR Infotech Pvt. Ltd, BNR Consultancy Services Pvt. Ltd and Bhushan Steel Ltd, have issued a public announcement (PA) dated February 27, 2009 and published on February 28, 2009, to the equity shareholders of Orissa Sponge Iron & Steel Ltd (OSIL), in compliance with Regulations 10 & 12 of Chapter III of the Securities and Exchange Board of India (Substantial Acquisition of Equity Shares and Takeovers) Regulations, 1997 and any subsequent amendment thereto, (the Takeover Regulations), to acquire on a voluntary basis, up to 6,100,000 fully paid-up equity shares of Rs 10 each of OSIL, representing 20% of the Diluted Capital of OSIL (as defined in the PA), at a price of Rs 330 per equity share of Rs 10 each of OSIL, payable in cash (Offer).

On June 25, 2009, BEL has acquired 21000 equity shares of Rs 10 each of OSIL, constituting 0.077% of the current issued and paid-up equity share capital of Rs 27,00,00,000 of OSIL, at a price of Rs 351.93 per equity share (through various transactions) by way of open market purchase (Acquisition).

The Acquisition was made pursuant to the provisions of Regulation 20(7) of the Takeover Regulations.

Confidence Trading - Allotment Of Equity Share - June 27, 2009

Anand Rathi Financial Services Ltd (Manager to the Offer) for & on behalf of Mr Suresh Kumar Somani (Acquirer) has issued this Public Announcement (PA) to the Public equity Shareholders of Confidence Trading Company Ltd (Target Company), pursuant to and in compliance with Regulation 10 & 12 of Securities and Exchange Board of India (Substantial Acquisition of Equity Shares and Takeovers) Regulations 1997 & Subsequent amendments thereto (SEBI (SAST) Regulations).

The Offer: The Offer is being made by the Acquirer to the Public equity Shareholders (other than the Parties to the SPA) of the Target Company to acquire up to 10,000 fully paid up equity shares of the face value of Rs 10/- each of the Target Company representing 20% of the voting & paid up equity share capital of the Target Company.

This offer is being made pursuant to Regulations 10 & 12 of the Regulations at a price of Rs 5/- per fully paid up equity share (Offer Price) payable in cash in terms of Regulations 20 & 21 of the Regulations (the Offer or Open Offer).

Schedule of Activities: Specified Date - July 03, 2009, Date of Opening of the Offer - August 14, 2009, Date of Closing of the Offer - September 02, 2009.

Dazzel Confindive To Increase Authorized Equity Share Capital - June 27, 2009

The board of Dazzel Confindive has decided to issue of 90,00,000 convertible warrants each carrying a right to subscribe to equal number of equity shares of the company on preferential basis to the promoters of the company and non-promoters. The board has decided to increase the authorized equity share capital of the company from Rs 7,00,00,000 to Rs 15,00,00,000.

The board has decided to issue 90,00,000 convertible warrants. This was decided at the board meeting held on 26 June 2009.

Friday, June 26, 2009

Kanani Industries Board Approves Of Equity Share - June 26, 2009

Kanani Industries Limited has informed that the Board of Directors of the Company at its meeting held on June 25, 2009, inter alia, has decided the following:

1. To convene the 26th Annual General Meeting of the Members of the Company on July 24, 2009.

2. To issue bonus equity shares in the ratio 1:2 i.e. (two new Equity Shares for every One Equity Share held) to the members of the Company whose names appear in the Registrar of Members as on record date.

3. To conduct Postal Ballot under Section 192(A) of the Companies Act, 1956 for making investment in other body corporate exceeding the paid up equity share capital and free-reserves of the Company under Section 372A of the Companies Act, 1956 and also under Section 293(1) (d) for borrowings that will exceed the aggregate of the Paid-up capital of the Company and its free reserves that is to say reserves not set apart for any specific purpose.

Bright Brothers Board Approves Buy Back Of Equity Share - June 26, 2009

Bright Brothers Limited has informed that the Board of Directors of the Company at its meeting held on June 26, 2009, has approved buyback of fully paid up equity shares upto maximum of 9,00,000 equity shares of the Company of Rs 10/- each upto maximum price of Rs 50 per equity share aggregating to Rs 450 lacs (Four Crores Fully lakhs only) which is within the limit of Board u/s 77A(2)A&B.

The Company will start buyback on getting necessary consent and making public announcement than ten percent of the total paid-up equity share capital and free reserves of the Company.

Bombay Rayon - Allotment Of Equity Share - June 26, 2009

AXIS Bank Ltd (Manager to the Offer) on behalf of AAA United B.V. (Acquirer) along with Aktieselskabet af 1/8 2004 (Person Acting in Concert or PAC) has issued this Post Offer Public Announcement to the equity shareholders of Bombay Rayon Fashions Ltd (Target Company), which is in continuation of and should be read in conjunction with the Public Announcement (PA) dated March 26, 2009, Corrigendum to PA dated May 05, 2009 & the Letter of Offer dated April 09, 2009, in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto (Takeover Regulations) to acquire 17,420,000 fully paid-up equity shares of Rs 10 at a price of Rs 185.00 (Rupees One Hundred & Eighty Five Only) per fully paid up equity share payable in cash are as under:

Details of Acquisition: Sr. No. Item Proposed in the Offer Document Actuals 1. Offer Price for fully paid equity shares Rs 185.00 per fully paid up equity share Rs 185.00 per fully paid up equity share 2. Shareholding of Acquirer (No & %) before MOU/PA NIL NIL 3.

Equity shares acquired by way of Preferential Allotment (No & %) 18,000,000 (20.67%) 18,000,000 (20.67%) 4.

Equity shares acquired in the Open Offer (No & %) 17,420,000 (20.00%) 400 (Negligible) 5. Size of the Open Offer (No of Shares multiplied by Offer Price per Share) Rs. 3,222,700,000/- Rs. 74,000/- 6.

Equity shares acquired after PA but before 7 working days prior to closure date, if any (No & %) NIL NIL 6.1 Price of the equity shares acquired NA NA 6.2 No of equity shares acquired NA NA 6.3 % of equity shares acquired NA NA 7. Post offer Shareholding of Acquirer (No & %) (2+3+4+6) 35,420,000 (40.67%) 18,000,400 (20.67%) 8.

Pre & Post Offer shareholding of Public (No & %) Pre-Offer Post-Offer Pre-Offer Post-Offer 53,640,840 (61.58%) 53,640,840 (61.58%) 53,640,840 (61.58%) 53,640,840 (61.58%) * Pre offer public shareholding has been calculated on the Emerging Voting Capital i.e. (87,100,000 equity shares) Holding of the Acquirers will be shown under the public shareholding category.

Thursday, June 25, 2009

Unichem Laboratories - Allotment Of Equity Shares - June 25, 2009

Unichem Laboratories Limited has informed that the Board of Directors of the Company at its meeting held on June 25, 2009, has allotted and issued 4,500 equity shares of Rs 5/- each pursuant to the exercise of the stock options by the eligible employees under the Employee Stock Option Scheme - 2004 of the Company.

Novartis India - Allotment Of Equity Share - June 25, 2009

DSP Merrill Lynch Limited (Manager to the Offer) for & on behalf of Novartis AG (Acquirer) has issued this Post Offer Public Announcement to the equity shareholders of Novartis India Limited (Target Company), which is in continuation of and should be read in conjunction with the Letter of Offer dated May 14, 2009 (Letter of Offer) and the Supplemental Public Announcement (PA) dated May 27, 2009, pursuant to Regulation 11(1) of, and in compliance with, the Securities and Exchange Board of India (SEBI) (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto (Regulations).

The details required to be notified under the Regulations following completion of the Offer are as under:

Details of the acquisition: Sr. No. Item Proposed in the Offer Document Actual 1. Offer Price Rs. 351 Rs. 450* 2.

Shareholding of Acquirer (No & %) before the Public Announcement ("PA") 16,277,437 (50.93%) 16,277,437 (50.93%) 3.

Equity Shares acquired by way of MOU or market purchases (No. & %) Nil Nil 4. Equity Shares acquired in the Offer (No & %) 12,464,710 (38.99%) 8,147,365 (25.49%) 5.

Size of the Offer (No of equity shares multiplied by Offer Price per equity hare) Rs. 4,375,113,210 (12,464,710 x Rs. 351) Rs. 3,666,314,250, (8,147,365 x Rs. 450) 6.

Equity Shares acquired after PA but before 7 working days prior to closure date, if any (No & %) NA Nil 7. Post offer Shareholding of Acquirer/ PACs (No & %) (2+3+4+6) 28,742,147 (89.93%) 24,424,802 (76.42%) 8.

Pre & Post Offer shareholding of Public (No & %) Pre: 15,683,360 (49.07%) Post: 3,218,650 (10.07%) Pre: 15,683,360 (49.07%) Post: 7,535,995 (23.58%) * Offer Price revised from Rs. 351 per equity share to Rs. 450 per equity share on May 27, 2009.

Ruttonsha International - Allotment Of Equity Share - June 25, 2009

Ruttonsha International Rectifier Limited has informed that the Allotment Committee of the Board of Directors of the Company at its meeting held on June 25, 2009 have issued and allotted 37,50,000 Equity shares of Rs 10/- each fully paid-up in the exchange ratio of 125 Equity shares of Ruttonsha for every 100 equity shares held in Orient and 40,50,000 2% Redeemable Optionally convertible Cumulative Preference Shares (ROCCPS) of Rs 10/- each fully paid-up in the exchange ratio of 135 Preference equity shares of Ruttonsha for every 100 Equity shares held in Orient as on record date i.e. June 22, 2009, to the eligible equity shareholders of Orient Semiconductors Private Limited (Transferor Company).

The said equity share exchange ratio was mentioned in the part-III Clause 6 of the Scheme of Amalgamation duly approved by the equity shareholders of both the Companys find subsequent approved by the Mumbai High Court on February 06, 2009.

Wednesday, June 24, 2009

GTL - Allotment Of Equity Share Under ESOP - June 24, 2009

GTL Limited has informed that the Nomination & Remuneration Committee of the Board of Directors of the Company at its meeting held on June 24, 2009 considered and approved allotment of equity share 50,000 warrants under the ESOP 2004 Scheme of the Company.

Liberty Phosphate Board Allotment Of Equity Shares - June 24, 2009

Liberty Phosphate Limited has informed that the Board of Directors of the Company at its meeting held on June 23, 2009, has allotted 50,00,000 Equity Shares of Rs 10/- each at a premium of Rs 3/- per equity share aggregating to Rs 6,50,00,000/- to the persons as detailed herein below:

1. Name of Allottees : Sumera Raoof Dhanani - NRI (Promoter Group)
- No. of Equity Shares Allotted : 1500000

2. Name of Allottees : Sana Yusuf Dhanani - NRI (Promoter Group)
- No. of Equity Shares Allotted : 1500000

3. Name of Allottees : Blue Deebaj Chemicals L.L.C. - Foreign Body Corporate (Others)
- No. of Equity Shares Allotted : 2000000

With this allotment, the issued, subscribed and paid up equity share capital will increase from Rs.9,43,82,010/- divided into 94,38,201 Equity Shares of Rs. 10/- each to Rs.14,43,82,010/- divided into 1,44,38,201 Equity Shares of Rs.10/- each.

Majestic Offshore - Expose Purchase Of Equity Shares - June 24, 2009

Dhanshree Properties Pvt Ltd has informed that Natural Power Ventures Pvt. Ltd (NPVPL or the Acquirer) along with Persons Acting in Concert viz, Bharati Shipyard Ltd (BSL) and Dhanshree Properties Pvt Ltd (DPPL) have issued a public announcement (PA) dated June 02, 2009 and published on June 03, 2009, to the shareholders of Great Offshore Ltd (GOL/Target Company), in compliance with Regulation 10 and other applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto (the SEBI (SAST) Regulations), to acquire on a voluntary basis up to 78,26,788 fully paid-up equity shares of face value Rs 10 each of GOL forming 20% of the Emerging Voting Capital of the Target Company (as defined in PA) at a price of Rs 344.00 (Rupees Three hundred and forty-four only) for each fully paid-up equity share (Offer Price) to be paid in cash in accordance with the SEBI (SAST) Regulations, and subject to the terms and conditions mentioned in the PA and as would be set out in the Letter of Offer in relation to the Offer aggregating to Rs 269,24,15,072 (Rupees Two hundred and sixty-nine crores twenty-four lacs fifteen thousand seventy-two only) (Offer).

On June 23, 2009, DPPL has acquired 16,99,611 equity shares of Rs 10 each of GOL, constituting 4.58% of the current paid-up share capital of GOL, at a price of Rs 403.00 per equity share through a block deal, (Acquisition).

The Acquisition was made pursuant to the provisions of Regulation 20(7) of the SEBI (SAST) Regulations.

In compliance with Regulation 22(17) of the SEBI (SAST) Regulations, this letter is for the purposes of disclosure of the acquisition to the stock exchanges.

Tuesday, June 23, 2009

Aditya Birla Nuvo - Preferential Allotment Of Equity Share - June 23, 2009

Aditya Birla Nuvo Limited has informed that the Investor Relations and Finance Committee of the Directors of the Company, at its meeting held on June 22, 2009, has allotted 1,85,00,000 Warrants to the Promoter Group Companies.

These Warrants entitle the holder thereof to apply for and obtain allotment of one equity share of the face value of Rs 10/- each at a premium of Rs 531.19 per equity share determined as per the Guidelines for Preferential Issues contained in Chapter XIII of SEBI (Disclosure & Investors Protection) Guidelines, 2000. 25% of the issue price has been received by the Company in compliance of the said Guidelines.

Issue of these Warrants were earlier approved by the Board of Directors in their meeting held on May 18, 2009 and by the Members in their Extra-Ordinary General Meeting held on June 17, 2009.

Gandhinagar Hotels - Cancellation Of Equity Share - June 23, 2009

Gandhinagar Hotels Limited has informed that the Company had allotted 16,00,000 convertible warrants to the promoter Group of the Company and Others on November 26, 2007 convertible into equity shares at a price of Rs 28/- per warrant within a period of 18 months from the date of allotment of warrants.

Further the Company has informed that, the Company has allotted 5,25,000 Equity Shares on January 21, 2008, 5,50,000 Equity Shares on October 25, 2008 and 3,00,000 on January 31, 2009 at a price of Rs 28/- each (including premium of Rs 18/- per) upon conversion of 1375000 convertible warrants.

The warrants issued to Promoters Group of the Company are fully converted into equity shares within the permissible time period.

However 2,25,000 Convertible Warrants issued to non-promoter entities have not been converted into equity shares within the above period of 18 months.

Accordingly, the said 2,25,000 Convertible Warrants stands cancelled and the balance amount of Rs 6,75,000/- (Rupees Six Lacs Seventy Five Thousand Only) being the amount received upfront at Rs 3/- per warrant stands forfeited as per the terms of the issue.

ABG Shipyard - Open Offer Of Equity Share Of Great Offshore - June 23, 2009

Kotak Mahindra Capital Company Ltd (Manager to the Offer), on behalf of Eleventh Land Developers Pvt Ltd (Acquirer), alongwith ABG Shipyard Ltd (person acting in concert / PAC) has issued this Public Announcement (PA) to the equity Shareholders of Great Offshore Ltd (Target Company), pursuant to and in compliance with, among others, regulation 10 and 12 of the Securities and Exchange Board of India (Substantial Acquisition of equity Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto (Regulations).

In terms of regulation 25(1) and 25(3) of the Regulations, this PA is a competitive bid. SBI Capital Markets Limited issued a public announcement published on June 3, 2009 on behalf of Natural Power Ventures Private Limited along with Bharati Shipyard Limited and Dhanshree Properties Private Limited for acquisition of 20% of the Diluted equity Share Capital of Great Offshore Limited (Target Company).

The Offer SBI Capital Markets Limited on behalf of Natural Power Ventures Private Limited along with Bharati Shipyard Limited and Dhanshree Properties Private Limited (collectively referred to as the First Bidder) issued a public announcement on June 3, 2009 (First PA) to acquire up to 78,26,788 fully paid-up equity Shares of face value Rs 10 each of the Target Company (20% of the Diluted Share Capital) at a price of Rs 344 per fully paid up equity share to be paid in cash.

As per the First PA, before the offer, the First Bidder owned 55,33,786 equity Shares of the Target Company, which together with the open offer made by the First Bidder adds up to 13,360,574 equity Shares.

Therefore, in compliance with regulation 25(3) of Regulations, the Acquirer proposes to acquire 1,25,71,072 equity Shares of the Target Company (32.12% of Diluted equity Share Capital of the Target Company and 33.85% of current equity share capital of the Target Company), being together with equity Shares already held by the Acquirer and the PAC at least equal to the holding of the First Bidder including the number of equity Shares for which the offer has been made by the First Bidder, at Rs 375 for each equity Share of the Target Company (Offer Price), to be paid in cash in accordance with the Regulations, subject to and in accordance with the detailed terms and conditions, that shall be mentioned in the Letter of Offer and the form of acceptance-cum-acknowledgment to be disseminated to the shareholders of the Target Company in accordance with the schedule of activities contained herein or any revised schedule of activities that may be communicated by the Acquirer from time to time (collectively, the Offer).

As on the date of the PA, the Acquirer and the PAC collectively hold 7,89,502 equity Shares of the Target Company (2.02% of the Diluted equity Share Capital of the Target Company).

The Offer is subject to the receipt of certain approvals as set forth below in the section Statutory Approvals and Other Approvals required for the Offer. There are no partly paid-up equity Shares of the Target Company.

This Offer is not subject to any minimum level of acceptance. The Acquirer will acquire all the equity Shares that are validly tendered in accordance with the terms of the Offer.

The maximum consideration payable under the Offer is Rs 471,41,52,000/- (Rupees Four Hundred Seventy One Crores Forty One Lacs and Fifty Two Thousand Only) (Maximum Consideration).

Monday, June 22, 2009

South Asian Petrochem - Expiry Option Of Equity Share - June 22, 2009

South Asian Petrochem Limited has informed that on the basis of approval of the equity shareholders at the Extra Ordinary General Meeting held on December 08, 2007, the Company had issued 1,40,64,273 convertible warrants on preferential basis to IFC/Promoter group on December 20, 2007.

The allottees had the option to convert the warrants into equity shares within eighteen months from the date of allotment.

The period for exercising the option for the conversion of the said convertible warrants to equity shares expired on June 19, 2009.

None of the allottees have exercised the option for conversion.

Texmaco Board Approved Issuance Of Equity Shares - June 22, 2009

Texmaco Limited has informed that the Board of Directors of the Company at its meeting held on June 22, 2009, has considered and approved the following:

1. Issuance of Equity Shares or other convertible instruments of the Company via one or a combination of measures, including a preferential allotment, QIP, FCCB, ADR, GDR or any other equity related instrument not exceeding a sum of Rs 200 crores.

2. Constitution of a Committee of Directors to manage all aspects of the aforesaid issuance of Equity shares or other convertible instruments via one or a combination of measures, including a preferential allotment, QIP, FCCB, ADR, GDR or any other equity related instrument.

Dollex Industries Board Approved To Increase Of Equity Share - June 22, 2009

Dollex Industries Limited has informed that the Board of Directors of the Company at its meeting held on June 19, 2009, inter alia, has approved the following business:

1. Increase of Authorised Equity Share Capital of the Company from Rs 20,00,00,000/- to Rs 50,00,00,000/- and approve the Consequentional changes in Memorandum and Articles of Association of the Company.

2. Issue of 2,51,30,000 Convertible Warrants into Equity Shares on preferential basis subject to SEBI guidelines. The relevant date for the pricing of the aforesaid Issue is June 20, 2009.

3. Issue of Global Depository Receipts not exceeding USD 15 million subject to necessary statutory compliances.

4. Extra-ordinary General Meeting of the members of the Company to be held on July 20, 2009.

5. Appointment of Mr. Anis Khan as a CEO of the Company.

Saturday, June 20, 2009

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

AXIS Bank Limited has informed that the Committee of Directors of the Bank on June 19, 2009 has made the allotment of 3,22,126 equity shares of Rs 10/- each to the employees of the Bank, under ESOP. The paid up equity share capital of the Bank will accordingly get increased to 35,97,63,733 equity shares from 35,94,41,607 equity shares.

Lupin - Allotment Of Equity Shares - June 20, 2009

Lupin Limited has informed that the Allotment Committee of Directors at its meeting held on June 19, 2009, has allotted 3,11,816 fully paid up equity shares of Rs 10/ each, the particulars of which are as under:

1. Shares Issued upon : conversion of Zero Coupon Foreign Currency Convertible Bonds (FCCB) issued by the Company pursuant to the Offering Memorandum dated January 02, 2006
- No of equity shares - 293691

2. Shares issued upon : Exercising the options granted to employees under the stock option plans of the Company
- No of equity shares - 18125

In view of the above, the issued and paid up capital of the Company increased to Rs 831,458,860 consisting 83,145,886 equity shares of Rs 10/- each.

Ruttonsha International - Allotment Of Equity Share - June 20, 2009

Ruttonsha International Rectifier Ltd has informed that a meeting of the Allotment Committee of the Board of Directors of the Company will be held on June 25, 2009 to issue and allot equity shares to the eligible shareholders of Orient Semiconductors Pvt. Ltd (Transferor Company) on the basis of the equity share exchange ratio mentioned in the part-III Clause 6 of the Scheme of Amalgamation duly approved by the shareholders of both the Companys and subsequently approved by the Mumbai High Court on February 06, 2009.

Friday, June 19, 2009

Marico Allotment Of Equity Shares - June 19, 2009

The committee of Marico has approved the allotment of 29,000 equity shares of the company of the face value of Re 1 each under the existing Marico Employees Stock Options Scheme 2007. Consequent to the above allotment, the paid-up equity share capital of the company has increased from 60,90,00,000 equity shares of Re 1 each aggregating Rs 60,90,00,000 to 60,90,29,000 equity shares of Re 1 each aggregating Rs 60,90,29,000.

The committee has approved the grant of 88,800 stock options to certain eligible employees pursuant to ESOP scheme of the company. The grant price is Rs 70.30 per option. The vesting period and the exercise period both range from 1 year to 5 years.

This was approved by the committee of directors on 19 June 2009. The Grant price is Rs 70.30 per option. The Vesting period and the Exercise Period both range from 1 year to 5 years.

Redington India - Allotment Of Equity Shares - June 19, 2009

Redington India Limited has informed that the ESOP equity Share Allotment Committee of the Directors of the Company has considered and approved on June 18, 2009, the allotment of 60,675 equity shares of Rs 10/- each at a premium of Rs 120/- per equity share pursuant to exercise of options granted under Redington (India) Limited - Employee Stock Option Plan, 2008.

Avery India - Delisting Offer Of Equity Shares - June 19, 2009

ICICI Securities Limited (Manager to the Offer) on behalf of AV Co 3 Ltd (AV Co 3 or Acquirer), has issued this Public Announcement (PA) to the Equity shareholders of Avery India Ltd (Target Company/AIL/Company), pursuant to Clause 7 of the Securities & Exchange Board of India (Delisting of Securities) Guidelines, 2003 (Delisting Guidelines), in respect of the proposed acquisition and delisting of the fully paid up equity shares of the Company (Shares) under the Delisting Guidelines.

The Delisting Offer: The issued and paid-up equity share capital of the Target Company constitutes of 98,32,302 equity shares of Rs 10/- each aggregating Rs 9.83 crore. Avery Weigh-Tronix International Ltd (formerly Avery Berkel Holdings Ltd) and AV Co 3 Ltd (formerly AV Acquisition Co 3 Ltd), Promoters of the Target Company (Promoters), directly hold respectively 52,54,457 and 24,42,380 fully paid-up equity shares in Target Company as on the date of this PA which constitutes 78.28% of the fully paid-up equity share capital of the Target Company.

The Acquirer would like to provide an exit opportunity to the Public Equity Shareholders of the Company and is making this PA to acquire, subject to the conditions mentioned in paragraph 10 of this PA, all outstanding equity Shares not currently held by it, being 21,35,465 equity Shares of Rs 10/- each representing 21.72% of the fully paid-up equity share capital of the Company from the Public equity Shareholders, if and when offered by the Public equity Shareholders, pursuant to the delisting offer under the Delisting Guidelines (Delisting Offer) and proposes to apply for delisting of the Shares from the stock exchanges where the equity Shares of the Company are listed viz. the Bombay Stock Exchange Ltd(BSE) and Calcutta Stock Exchange Association Ltd (CSE) (Stock Exchanges).

The Acquirer has vide its letter dated May 05, 2009 intimated its decision to the Company to make a Delisting Offer to the Public equity Shareholders of the Company in accordance with the Delisting Guidelines and requested the Company to convene an extraordinary general meeting of its equity shareholders to consider, and if thought fit, to approve by way of a special resolution the delisting of the equity Shares from the Stock Exchanges.

The Acquirer has further given an indicative price of Rs 83/- per equity Share for the Delisting Offer. However, the indicative price should in no way be construed as a ceiling or maximum price for the purposes of the reverse book building process contemplated herein, and the Public Equity Shareholders are free to tender their equity Shares at any price higher than the Floor Price.

A special resolution has been passed by the equity shareholders of the Company at the Extraordinary General Meeting of the Company held on June 04, 2009, approving the delisting of the Companys Equity Shares from the Stock Exchanges in terms of Clause 6 of Delisting Guidelines. The Acquirer reserves the right to withdraw the Delisting Offer in the event all or any of the conditions for the Delisting Offer as mentioned in paragraph 20 in PA, have not been fulfilled or in accordance with the Delisting Guidelines.

The Shares of AIL are frequently traded on BSE within the meaning of explanation (i) of Regulation 20 (5) of the SEBI (Substantial Acquisition of Equity Shares and Takeovers) Regulations, 1997, as amended (SEBI (SAST) Regulations).

The floor price for equity Shares as stipulated by the Delisting Guidelines has been computed as Rs. 75.65 (Floor Price), which is the average of 26 weeks traded price quoted on BSE where the equity Shares of the Company are most frequently traded preceding 26 weeks from the date of this PA.

The computation of the Floor Price for the Delisting Offer is based on the average of the daily closing prices for the equity Shares of the Company as recorded on BSE, for the preceding 26 weeks to the date of this PA.

The Acquirer proposes to acquire the equity Shares of the Company by way of a reverse book-building process (RBP) as provided in the Delisting Guidelines.

Public Shareholders holding equity Shares in dematerialised form only may tender their equity Shares during the Bid Period.

In accordance with the Delisting Guidelines, the price payable by the Acquirer for the equity Shares it proposes to acquire pursuant to the RBP will not be less than the price at which the maximum number of equity Shares have been tendered during the Bid Period (Discovered Price).

The Acquirer has vide its letter dated May 05, 2009, has given an indicative price of Rs 83/- per equity Share for the Delisting Offer. However, this should in no way be construed as a ceiling or maximum price for the purposes of the RBP contemplated herein, and the Public Shareholders are free to tender their equity Shares at any price higher than the Floor Price.

The Acquirer is obliged to accept the Discovered Price if it is equal to the Floor Price, but is under no obligation to accept the Discovered Price if it is higher than the Floor Price and may in its sole discretion, acquire the equity Shares at the Discovered Price if it is higher than the Floor Price or at a price higher than the Discovered Price. The price so accepted by the Acquirer (not less than the Discovered Price) is referred to as the exit price (Exit Price).

The Acquirer shall announce the Discovered Price, the Exit Price and its decision to reject or to accept the Discovered Price and/or the Exit Price, in accordance with the timetable set out in PA.

Schedule of Activities: The proposed timetable for the Delisting Offer process is as follows: Extraordinary General Meeting of the Company to approve the delisting resolution - June 04, 2009.

Thursday, June 18, 2009

Panasonic Carbon - Sale of Equity Shares By One Of The Promoter Group - June 18, 2009

Panasonic Carbon India Company Limited has informed that Mr. K Vijay Vardhan Reddy, one of the Promoter Group Equity Shareholder, who was holding 5570 Equity Shares till May 15, 2009, had sold the following equity shares in the open market:

1) Date of Sale : May 15, 2009
No of Equity Shares sold : 1

2) Date of Sale : May 22, 2009
No of Equity Shares sold : 600

3) Date of Sale : May 26, 2009
No of Equity Shares sold : 200

The Company has further informed that the holding of Mr. K Vijay Vardhan Reddy in electronic form after effecting the above sale stands at 4769 equity shares only.

Tech Mahindra - Allotment Of Equity Shares - June 18, 2009

Tech Mahindra Limited has informed that the resolution passed by the equity Share Allotment Committee of the Board of Directors of the Company on June 17, 2009 for issue and allotment of a total of 86,080 equity shares of Rs 10/- each of the Company to various applicants, as under:

- 1,320 equity shares, on exercise of stock options under Employee Stock Option Plan 2000 (ESOP 2000).

- 84,760 equity shares, on exercise of stock options under Employee Stock Option Plan 2006 (ESOP 2006).

KS Oils To Allotment Equity Shares And warrants - June 18, 2009

The members of KS Oils has approved to issue and allot 27,921,406 equity shares of Re 1 each at a premium of Rs 47.43 each of the company, aggregating to an amount not exceeding Rs 136 crore to NSR Direct PE Mauritius, LLC.

The members has approved to issue and allot 55,59,115 warrants to CVCIGP II Client Rosehill and 31,13,451 warrants to CVCIGP II Employee Rosehill, Mauritius, each such warrant convertible into one equity shares of Re 1 at a premium of Rs 55.50 each of the company, aggregating to an amount not exceeding Rs 49 crore.

The members has approved to issue, offer and allot 8,672,566 warrants each Baring Private Equity Asia III Mauritius Holding (3), each such warrant convertible into one equity shares of Re 1 at a premium of Rs 55.50 each of the company, aggregating to an amount not exceeding Rs 49 crore.

The members has approved to issue and allot 28,807,339 warrants to the promoters, each such warrant convertible into one equity shares of Re 1 each at a premium of Rs 53.50 each of the company, aggregating to an amount not exceeding Rs 157 crore.

The members has approved to offer, issue and allot in the course of domestic/international offerings to domestic/foreign investors/institutional investors/foreign institutional investors, members, employees, Non-Resident Indians, companies or bodies corporate, trusts, mutual funds, banks, financial institutions, insurance companies, pension funds, individuals or otherwise, whether equity shareholders of the company or not, through a public issue, rights issue, preferential issue/private placement/equity shares/equity shares through GDRs/ADRs or any securities convertible into equity shares in the international markets upto US$ 15 million.

This was approved at the extraordinary general meeting held on 17 June 2009.

Wednesday, June 17, 2009

Housing Growth And Infrastructure Concern Of Equity Shares - June 17, 2009

The shareholders of Housing Development & Infrastructure (HDIL) have decided to issue equity shares upto US$ 600 million under Qualified Institutions Placement to Qualified Institutional Buyers. The equity shareholders have decided to offer, issue, allot and deliver upto 26,000,000 warrants on preferential basis to Rakesh Kumar Wadhawan, executive chairman and the promoter of the company.

This was decided at the extraordinary general meeting held on 17 June 2009.

Orissa Sponge - Discovery Of Purchase Of Equity Shares - June 17, 2009

Bhushan Energy Ltd has informed that Bhushan Energy Ltd (BEL) along with Mr. Brij Bhushan Singal, Mr. Neeraj Singal, BNS Steel Trading Pvt. Ltd, BBN Transportation Pvt. Ltd, BNR Infotech Pvt. Ltd, BNR Consultancy Services Pvt. Ltd and Bhushan Steel Ltd, have issued a public announcement (PA) dated February 27, 2009 and published on February 28, 2009, to the equity shareholders of Orissa Sponge Iron & Steel Ltd (OSIL), in compliance with Regulations 10 & 12 of Chapter III of the Securities and Exchange Board of India (Substantial Acquisition of Equity Shares and Takeovers) Regulations, 1997 and any subsequent amendment thereto, (the Takeover Regulations), to acquire on a voluntary basis, up to 6,100,000 fully paid-up equity shares of Rs 10 each of OSIL, representing 20% of the Diluted Capital of OSIL (as defined in the PA), at a price of Rs 330 per equity share of Rs 10 each of OSIL, payable in cash (Offer).

On June 15, 2009, BEL has acquired 24817 equity shares of Rs 10 each of OSIL, constituting 0.092% of the current issued and paid-up equity share capital of Rs 27,00,00,000 of OSIL, at a price of Rs 350.11 per equity share (through various transactions) by way of open market purchase (Acquisition).

The Acquisition was made pursuant to the provisions of Regulation 20(7) of the Takeover Regulations.

Educomp Solutions - Allotment Of Equity Shares - June 17, 2009

Educomp Solutions Limited has informed that Remuneration Committee of the Company on June 16, 2009 has allotted 3,580 Equity Shares of the Company to the respective employees who have exercised their conversion option under ESOP Scheme 2006 & ESOP Scheme 2007.

Post allotment Paid-up capital of the Company has increased from Rs 17,30,95,770 consisting of 1,73,09,577 Equity shares of the face value of Rs 10/- each to Rs 17,31,31,570 consisting of 1,73,13,157 Equity shares of the face value of Rs 10/- each.

Tuesday, June 16, 2009

Karuturi Global Allotment Of Equity Share - June 16, 2009

The board of Karuturi Global has decided to issue commercial paper to the extent of Rs 50 crore to the eligible investors and have appointed AXIS Bank as the IPA agent and Karvy Computer equity share, Hyderabad as the R&T agent for the issue.

The board has made allotment of 36,87,500 equity shares of Re 1 each to Deutsche Bank AG London against 10 FCCB bonds of US $100,000 each surrendered for conversion with a conversion price of Rs 12 per equity share.

With this allotment, the total paid up capital of the company has gone up to Rs 45,65,96,575 divided into equal numbers of equity shares of Re 1 each.

This was decided at the board meeting held on 15 June 2009.

Rajoo Engineers Board Recommends Final Dividend Of Equity Shares - June 16, 2009

Rajoo Engineers Limited has informed that the Board of Directors of the Company at its meeting held on June 15, 2009, inter alia, has taken the following decisions:

1. The Board has recommended the final dividend @ Rs 2.40 per equity share (24%) subject to approval of the Members at the ensuing Annual General Meeting of the Company.

2. The Board has recommended for the subdivision of the equity share capital of the Company from equity share of face value of Rs 10/- each to equity share of Re 1/- each, subject to approval of the Members at the ensuing Annual General Meeting of the Company.

3. The Board has recommended for the delisting of securities of the Company from Ahmedabad Stock Exchange and Saurashtra Kutch Stock Exchange Limited. subject to approval of the Members at the ensuing Annual General Meeting of the Company.

4. The Board has considered the matter of increase in authorised equity share capital of the Company.

5. The Board has decided to convene the Annual General Meeting of the Company on August 10, 2009 and approved the draft Notice of the ensuing Annual General Meeting.

Aro Granite - Buy Back Offer Of Equity Share - June 16, 2009

Sobhagya Capital Options Ltd (Manager to the Buyback) on behalf of Aro Granite Industries Ltd (Target Company) has issued this Public Announcement (PA) to the Equity Shareholders/Beneficial Owners of the equity shares of the Target Company pursuant to the provisions of Regulations 5A and 8(1) read with Regulation 15(c) of the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998 for the time being in force including any statutory modifications and amendments from time to time (Buy-Back Regulations) and contains the disclosure as specified in Schedule II to the Buy-Back Regulations.

The Target Company hereby announces the Buy-back of its fully paid up equity shares of the face value Rs 10/- each (Equity Shares) from the open market using the electronic trading facilities of the Bombay Stock Exchange Ltd (BSE) and the National Stock Exchange of India Ltd (NSE) (Stock Exchanges), in accordance with the provisions of Sections 77A, 77AA & 77B and other applicable provisions, if any, of the Companies Act, 1956 (Act) read with the Article 11A of the Articles of Association of the Company and the Buy-Back Regulations, in the manner and on such terms and conditions as determined by the Board of Directors of the Company (Board) and disclosed in this Announcement, for a minimum of 10,00,000 Equity Shares (Minimum Offer Shares) and a maximum of 12,50,000 Equity Shares (maximum Offer Shares) at a price not exceeding Rs 55/-per Equity Share (Maximum Offer Price) payable in cash, for an aggregate amount not exceeding Rs. 550 lacs (Maximum Offer Size) from the existing owners of Equity Shares (Buy-back) other than those who are Promoters, Promoter Group, Person(s) in Control, Person(s) Acting in Concert (Persons in Control) (that being understood that the Person(s) in Control and Person(s) Acting in Concert will be such persons as have been disclosed under the filings made by the Company under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, as amended (SEBI Takeover Regulations).

The Maximum Offer Size represents 6.04% of the aggregate of the Companys total Paid up Equity Share Capital and Free Reserves as on March 31, 2009.

The actual deployment in Buy-back would depend upon the average price paid for the Equity Shares bought back and the actual number of Equity Shares bought back, subject to the maximum limit of 6.04% of the total Paid up Equity Share Capital and Free Reserves of the Company, in accordance with the resolution passed by the Board on June 08, 2009.

The Company proposes to buy a minimum of 10,00,000 Equity Shares of Rs. 10/-each at a price not exceeding Rs 55/- per share.

The Company shall place buy orders at least once a week so long as the market price is below the Maximum Offer Price and the Buy-back will close in terms with the timetable mentioned herein. However, it is being clarified that the Company shall have the flexibility to close the Buy-back at an earlier date in the event the Minimum Offer Shares have been purchased.

The fact that the Board Resolution provides for the Maximum Offer Price does not indicate that the Company will or is obliged to buy or continue to buy Equity Shares, so long as the market price is below the Maximum Offer Price. Similarly, the fact that this Board Resolution mentions the Maximum Offer Size and Maximum Offer Shares that may be bought at a price per Equity Share not exceeding Rs. 55/- per share does not indicate that the Company will utilize or is obliged to utilize, the entire amount of Rs. 550 lacs (being the Maximum Offer Size) in the Buy-back or that the Company will buy or is obliged to buy all the Maximum Offer Shares.

The Maximum Offer Price has been arrived at after considering certain parameters such as earning trend in the recent past, the future outlook for the Industry/Company and other relevant factors, including but not limited to, post Buy-back equity capital, return on net worth and earnings per share etc.

The average market price of the equity shares of the Company on BSE and NSE for the 26 weeks and two weeks immediately preceding the date of the Board Meeting has been Rs. 33.95 and 33.47 (being 26 weeks average market price for BSE and NSE, respectively) and Rs. 49.60 and 49.10 (being 2 weeks average market price for BSE and NSE, respectively) respectively.

Based on the above factors the Board of Directors has considered it appropriate to make the Buy- back offer at a maximum price of Rs. 55/- per equity share.

The Maximum Buy-back Price of Rs. 55/- is at a premium of 63.15% on its last 26 weeks average price, at a premium of 11.44% on its last 2 weeks average price and a premium of 13.5% and 17.8% over the closing prices on the BSE Rs. 48.45 and NSE Rs. 46.65 respectively prevailing on, June 08, 2009, i.e. on the date of the Board meeting approving the Buy-back.

As required under the Act and the Buy-Back Regulations, the Company shall not purchase Equity Shares which are partly paid-up, Equity Shares with call-in-arrears, locked-in or non-transferable Equity Shares in the Buy-back till the time they become fully-paid, or till the pendency of the lock-in or till the Equity Shares become transferable.

There will be no negotiated deals (whether on or off Stock Exchanges), spot transactions or any other private arrangements in implementation of the Buy-back.

Schedule of activities:
Board Resolution approving Buyback - June 08, 2009
Date of Announcement - June 10, 2009
Date of Opening of Buy-back - June 29, 2009

Acceptance of Shares - Within the relevant payout dates of the Stock Exchanges.
Verification of Equity Shares accepted in physical mode - Within 7 days of the relevant payout dates.

Extinguishment of Shares - Within 7 days of acceptance or verification of Equity Shares as mentioned above.

Last date for Buyback - June 07, 2010 (i.e. 12 months from the date of the Board resolution).

However the Board at its absolute discretion may decide to close the Buyback at an earlier date in the event the Minimum Offer Shares have been purchased under Buyback, even if the Maximum Offer Size has not been reached or the Maximum Offer Shares have not been bought back, by giving appropriate notice of such date and completing all formalities in this regard as per relevant laws and regulations.

There would be a completion of all payment obligations in respect of Buyback prior to the last date of the Buyback.

Monday, June 15, 2009

ACC Allotment Of Shares Under Employees Stock Option Scheme - June 15, 2009

ACC has allotted 4,790 equity shares against exercise of employee stock options scheme under ESOS 2001 (50 equity shares) and ESOS 2004 (4740 equity shares), pursuant to the resolutions passed by circular dated 12 June 2009 by the equity shareholders/investors grievance committee of the board.

Consequently, the paid up equity share capital of the company has increased from from 18,76,90,193 equity shares to 18,76,94,983 equity shares of Rs 10 face value.

The company made this announcement during the trading hours today, 15 June 2009.

CG Impex Board Approves Rights Issue Of Equity Shares - June 15, 2009

CG Impex Limited has informed that the Board of Directors of the Company at its meeting held on June 06, 2009, inter alia, has, recommended for approval of the equity Shareholders, a Right Issue of Equity Shares in the ratio of three equity shares of the Company of Rs 10/- each for every one equity share of the Company held by the equity Shareholders of the Company as on a Record Date to be fixed later for this purpose.

Saturday, June 13, 2009

Jain Irrigation,S Sub-Committee Of Board Allotted Of Equity Shares - June 13, 2009

Jain Irrigation Systems Ltd has informed that Sub-Committee of the Board of the Company in its meeting held on June 12, 2009 allotted 385,080 Equity Shares of Rs 10 at a premium of Rs 335.59 per Equity Share in conversion of 3,000 Zero Coupon Convertible Bonds (ZCCBs) of USD 1000 each in terms of Notification received from the holders and in terms of Offering Circular dated March 24, 2006.

Softpro Systems Board Approved And Allotment Of Equity Share - June 13, 2009

Softpro Systems Ltd has informed that the Board of Directors of the Company at its meeting held on June 12, 2009, inter alia, has considered & approved the following points:

1. Subject to the approval of Members at the ensuing EGM and all the Statutory approvals as may be required, to issue, offer and allot on a Preferential allotment basis, upto 20,00,000 Fully Convertible Warrants (FCWs) to the Persons other than Promoters & 4,00,000 FCWs to the Promoters / Persons forming part of the Promoter group, on such terms and conditions and in such manner as the Board may think fit, with each FCW entitling the holder thereof to apply for and be allotted 1 Equity Share of Rs 10/- each, at an issue price of Rs 180/-, inclusive of a premium of Rs 170/- per Equity Share.

2. To increase the Authorized equity Share capital to Rs 10,00,00,000/-.

Orissa Sponge - Disclosure Of Acquisition Of Equity Shares - June 13, 2009

Bhushan Energy Ltd has informed that Bhushan Energy Ltd (BEL) along with Mr. Brij Bhushan Singal, Mr. Neeraj Singal, BNS Steel Trading Pvt. Ltd, BBN Transportation Pvt. Ltd, BNR Infotech Pvt. Ltd, BNR Consultancy Services Pvt. Ltd and Bhushan Steel Ltd, have issued a public announcement (PA) dated February 27, 2009 and published on February 28, 2009, to the shareholders of Orissa Sponge Iron & Steel Ltd (OSIL), in compliance with Regulations 10 & 12 of Chapter III of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and any subsequent amendment thereto, (the Takeover Regulations), to acquire on a voluntary basis, up to 6,100,000 fully paid-up equity shares of Rs 10 each of OSIL, representing 20% of the Diluted Capital of OSIL (as defined in the PA), at a price of Rs 330 per equity share of Rs 10 each of OSIL, payable in cash (Offer).

On June 11, 2009, BEL has acquired 20100 equity shares of Rs 10 each of OSIL, constituting 0.074% of the current issued and paid-up share capital of Rs 27,00,00,000 of OSIL, at a price of Rs 352.50 per equity share (through various transactions) by way of open market purchase (Acquisition).

Further on June 12, 2009, BEL has acquired 20325 equity shares of Rs 10 each of OSIL, constituting 0.075% of the current issued and paid-up share capital of Rs 27,00,00,000 of OSIL, at a price of Rs 352 per equity share (through various transactions) by way of open market purchase (Acquisition).The Acquisition was made pursuant to the provisions of Regulation 20(7) of the Takeover Regulations.

Friday, June 12, 2009

Kotak Mahindra Bank - Allotment Of Equity Shares - June 12, 2009

Kotak Mahindra Bank Limited has informed that the ESOP Allotment Committee of the Bank at it Meeting held on June 12, 2009 has allotted 1,02,772 equity shares of Rs 10/- each, pursuant to exercise of Employee Stock Options under the following series: ESOP Scheme Series 2007/01 : 1,01,845 equity shares ESOP Scheme Series 2007/06 : 927 equity shares.

Ferro Alloys - Allotment Of Equity Share - June 12, 2009

Ferro Alloys Corporation Limited has informed that June 12, 2009 has been fixed as the Specified date for the purpose of seeking of approval of equity Shareholders by way of Postal Ballot to Invest by way of subscription, purchase or otherwise in the equity share capital of Facor Power Limited. Give loans to Facor Power Limited. as also provide security and guarantee to Rural Electrification Corporation Limited (REC) and/other commercial Banks on behalf of Facor Power Limited.

Satyam Computer - Conversion Of Equity Share - June 12, 2009

Satyam Computer Services Ltd has informed that the Board of Directors of the Company had allotted 75,090 equity shares under stock options plans of the Company. Consequent to the above allotment, the paid up equity share capital of the Company has gone up from 97,67,22,347 equity shares of Rs 2/- each aggregating Rs 195,34,44,694.00 to 97,67,97,437 equity shares of Rs 2/- each aggregating Rs 195,35,94,874.00.

Thursday, June 11, 2009

Shree Renuka - Allotment Of Equity Share - June 11, 2009 - June 11, 2009

Shree Renuka Sugars Limited has informed that the Compensation Committee of the Board of Directors of the Company constituted for implementation of Employee Stock Option has approved at its meeting held on June 09, 2009, grant of 20,00,000 Stock Options to the employees/Directors of the Company.

In accordance with the said Scheme and Stock Option Plan 2009. The price per equity share to be allotted on exercise of Options is Rs 136.95. Vesting of options is as under:

(i) 50% of the options granted to the employees/Directors shall vest on December 30, 2011

(ii) 50% of the options granted to the employees/Directors shall vest on June 28, 2013.
The options shall be exercised within one year from the date of vesting.

Gremach Infrastructure Approved Allotment Of Equity Share - June 11, 2009

Gremach Infrastructure Equipments & Projects Limited has informed that the Board of Directors of the Company at its meeting held on June 11, 2009, inter alia, has considered discussed and approved:-

Allotment of 4,90,00,000 equity warrants convertible into equity shares of the Company to the Promoters/Promoter Group/Investors on Preferential basis with an option attached to the warrant holder to acquire, for every warrant, one fully paid up equity share within 18 months from the date of allotment of the warrants in accordance with Securities and Exchange Board of India (Disclosure & Investor Protection) Guidelines, 2000 as amended from time to time.

GTL Infrastructure - Allotment Of Equity Shares - June 11, 2009

GTL Infrastructure Ltd has informed that the Committee of the Board at its meeting held on June 11, 2009, has considered and approved the allotment of 4,816,175 Equity Shares consequent to conversion of FCCBs worth USD 6,500,000 at a conversion price ofRs 53.04 per equity share, in terms of the Offering Circular dated November 24, 2007 for issue ofU.S.$. 300,000,000 Zero Coupon Convertible Bonds due 2012.

Wednesday, June 10, 2009

HCL Technologies - Allotment Of Equity Shares - June 10, 2009

HCL Technologies Ltd has informed that the Employees Stock Option Allotment Committee of the Company on June 09, 2009, allotted 2,80,388 Equity Shares of Rs 2/- each, under the 1999 and 2004 Stock Option Plans of the Company. Consequent to the said allotment the paid-up equity share capital of the Company has gone upto 670,121,700 equity shares of Rs 2/- each aggregating to Rs 134,02,43,400/-.

Redington India - Allotment Of Equity Shares - June 10, 2009

Redington India Ltd has informed that the ESOP Share Allotment Committee of the Directors of the Company has considered and approved on June 09, 2009 the allotment of 1,97,170 equity shares of Rs 10/- each at a premium of Rs 120/- per equity share pursuant to exercise of options granted under Redington (India) Ltd Employee Stock Option Plan, 2008.

Centum Electronics - Grant Of Employee Options Of Equity Share - June 10, 2009

Centum Electronics Ltd has informed that the Compensation Committee of the Board of Directors, on May 19, 2009 approved the grant of 88,700 Employee Stock Options to the employees of the Company and its subsidiary, Centum Rakon India Pvt. Ltd. The terms of the options are as below:

1. Each option covers 1 (one) equity share of face value Rs 10/-

2. The option granted to optionee will vest as per the following table:

(i). On completion of one year from the date of Grant of option: 25% of Options vested (ii). On completion of two years from the date of Grant of option: 25% of Options vested (iii). On completion of three years from the date of Grant of option: 25% of Options vested (iv). On completion of four years from the date of Grant of option: 25% of Options vested

3. Exercise Period is the period of ten years from the date of Vesting of the Option.

4. The exercise price for the above grant of options is Rs 31.60 being the closing price of the Companys equity shares on the Bombay Stock Exchange, the Exchange which recorded the highest trading SE on May 15, 2009.

Tuesday, June 9, 2009

Austral Coke Board Approves Sub-Division Of Equity Shares - June 09, 2009

Austral Coke & Projects Limited has informed that the Board of Directors of the Company at its meeting held on June 09, 2009, inter alia, has approved sub-division (equity share split) of existing equity shares of Rs 10/- (Ten) each into 10 (Ten) equity shares of Rs 1 (One) each, subject to the approval of its shareholders.

Reliance Infrastructure Equity Share Approve Scheme - June 09, 2009

Reliance Infrastructure Ltd has informed that the equity shareholders of the Company at its Court Convened meeting pursuant to the Order of the Honble High Court of Judicature at Bombay, held in June 09, 2009 have approved the Scheme of Arrangement between the Company and its Wholly owned subsidiaries Reliance Energy Generation Ltd, Reliance Goa and Samalkot Power Ltd, Reliance Power Transmission Ltd, Reliance Energy Ltd, Reliance Infraventures Ltd and Reliance Property Developers Ltd and their respective shareholders and creditors under Sections 391 to 394 of the Companies Act, 1956. The votes cast in favour of the resolution approving the Scheme were 99.9993% of the total votes cast at the meeting.

Pithampur Steels Board Allotment Of Equity Share - June 09, 2009

Pithampur Steels Ltd has informed that the Board of Directors of the Company at its meeting held on June 08, 2009, inter alia, has approved the following:

1. It has been decided to seek approval of the equity Shareholders by means of Postal Ballot Pursuant to Section 192A read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001 in respect of Change of Object Clause of the Company.

2. Considered the proposed name of the Company as S S Infrastructure & Developers Limited.

3. Considered the Proposed Corporate Office of the Company at 1011, Embassy Centre, 207, Nariman Point, Mumbai - 400021.

4. Considered Sub-division/Splitting the equity Share of the Company from Existing Face Value of Rs 10/- each to Rs 1/- each of the equity Shares of the Company.

5. Considered to convene Extra Ordinary General Meeting for taking the approval of the Members for the above purpose.

6. A director of the Company or Company Secretary of the Company authorized to call Extraordinary General Meeting as per Companies Act, 1956 and Rules issued there under.

Further the Company has informed that, the Board of Directors have also decided the date of Extra Ordinary General Meeting of the Company will be held on July 06, 2009.

Monday, June 8, 2009

Aro Granite Board Approves Buy Back Of Equity Shares - June 08, 2009

Aro Granite Industries Limited has informed that the Board of Directors of the Company at its meeting held on June 08, 2009, 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 with the following terms:

- Total consideration amount for Buy-back: Not exceeding Rs 5.5 Crores

- Total number of equity shares for Buy-back: Not exceeding 12.50 lakhs.

- Buy-back price per equity share: Not exceeding Rs 55/-.

Bharti Airtel - Allocation Of Equity Shares - June 08, 2009

Bharti Airtel Limited has informed that the Committee of Directors has allotted 13,875 Equity Shares to the employees upon exercise of stock options pursuant to ESOP Scheme 2005 of the Company in the following manner:

- 10,425 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 221/-

- 525 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 313/-

- 2400 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 357/-

- 525 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 412/-

With the allotment of the above shares the equity base of the Company stand increased from present level of 1,898,311,256 (Nos.) to 1,898,325,131 (Nos.) equity shares of Rs 10/- each.

Indrayani Biotech Equity Shareholders To Approve Scheme - June 08, 2009

Indrayani Biotech Limited has informed that pursuant to the order dated April 16, 2009 and further order dated 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 June 24, 2009, for the purpose of considering and if thought fit, approving with or without modification, the arrangement embodied in the Scheme of Arrangement between Indrayani Biotech Limited (the Applicant Company), Indrayani Tissue Culture Pvt. Ltd, YoGoYo Division of Websource Technologies Limited and its Equity Shareholders and Unsecured Creditors.

Saturday, June 6, 2009

TCS - Record Date For Issue Of Bonus Equity Shares - June 06, 2009

Tata Consultancy Services Ltd (TCS) has informed that June 17, 2009 has been fixed as the Record Date for determining the eligibility of shareholders entitled to receive the Bonus equity Shares. The Company has informed that, the said record date shall also be for the purpose of Final Dividend of Rs 5/- per equity share for the year 2008-09. The fourteenth Annual General Meeting of the Company will be held on June 30, 2009.

Bharti Airtel Allotments Of Equity Shares - June 06, 2009

The committee of Bharti Airtel has allotted 13,875 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 1,898,311,256 to 1,898,325,131 equity shares of Rs 10 each. The company made this announcement during the trading hours today 06 June 2009.

Friday, June 5, 2009

TCS - Record Date For Issue Bonus Shares And Final Dividend - June 05, 2009

Tata Consultancy Services Limited (TCS) has informed that June 17, 2009 has been fixed as the Record Date for determining the eligibility of shareholders entitled to receive the Bonus equity Shares. The Company has informed that, the said record date shall also be for the purpose of Final Dividend of Rs 5/- per equity share for the year 2008-09.

The fourteenth Annual General Meeting of the Company will be held on June 30, 2009.

Eicher Motors Equity Shareholder To Approve Scheme - June 05, 2009

Eicher Motors Limited has informed that by an order dated May 18, 2009, the High Court of Judicature at New Delhi has directed that a meeting of equity shareholders of the Transferee Company will be held on June 26, 2009, for the purpose of considering and if thought fit, approving, with or without modification(s), the arrangement embodied in the Composite Scheme of Arrangement between Eicher Goodearth Investments Limited (EGIL or Transferor Company or Demerged Company) and Eicher Goodearth Pvt. Ltd (EGPL or Resulting Company) and Eicher Motors Ltd (EML or Transferee Company) and their Respective equity Shareholders.

Garware Marine - Allotment Of Equity Shares Upon Conversion - June 05, 2009

Garware Marine Industries Limited has informed that the equity Shares/Warrants Allotment Committee of the Company at their meeting held on June 05, 2009 allotted 1,88,000 equity shares of Rs 10/- each at a premium of Rs 15/- per equity share to Promoters and Non-promoters.

Thursday, June 4, 2009

Bharati Shipyard - Open Offer To The Equity Share - June 04, 2009

SBI Capital Markets Limited (Manager to the Offer) on behalf of Natural Power Ventures Limited (Acquirer) along with Bharati Shipyard Limited & Dhanshree Properties Pvt Limited (Persons Acting in Concert or PACs), has issued this Public Announcement (PA) to the Equity Shareholders of Great Offshore Limited (Target Company), in compliance with Regulations 10 & other applicable provisions of the Securities & Exchange Board of India (Substantial Acquisition of equity Shares and Takeovers) Regulations, 1997 & Subsequent amendments thereto (SEBI (SAST) Regulations). No other person/individual/entity are acting in concert with the Acquirer for the purpose of this Offer.

The Offer: This Offer is made to all equity shareholders of the Target Company in terms of Regulation 10 of the SEBI(SAST) Regulations to acquire up to 78,26,788 fully paid-up equity shares of face value of Rs 10 each of the Target Company forming 20% of the Emerging Voting Capital of the Target Company at a price of Rs 344.00 (Rupees Three hundred & forty-four only) for each fully paid-up equity share (Offer Price) to be paid in cash in accordance with the SEBI (SAST) Regulations, & subject to the terms & conditions mentioned in PA & as will be set out in the Letter of Offer in relation to the Offer (Letter of Offer) aggregating to Rs 269,24,15,072 (Rupees Two hundred & sixty-nine crores twenty-four lacs fifteen thousand seventy-two only)

Schedule of Activities:

Specified Date - June 19, 2009

Date of Opening of the Offer - July 25, 2009

Date of Closing of the Offer - August 13, 2009

UT Allotment Equity Shares - June 04, 2009

The committee of UT has approved the allotment of 3,90,000 equity shares at a price of Rs 12.38 each to Vandana Khaitan, promoter by converting 3,90,000 equity share warrants at a ratio of one equity share for each share warrant. This was approved at the committee meeting held on 29 May 2009.

Orissa Sponge - Disclosure Of Acquisition Of Equity Shares - June 04, 2009

Bhushan Energy Limited has informed that Bhushan Energy Limited (BEL) along with Mr. Brij Bhushan Singal, Mr. Neeraj Singal, BNS Steel Trading Pvt. Limited, BBN Transportation Pvt. Limited, BNR Infotech Pvt. Limited, BNR Consultancy Services Pvt. Limited and Bhushan Steel Limited, have issued a public announcement (PA) dated February 27, 2009 and published on February 28, 2009, to the equity shareholders of Orissa Sponge Iron & Steel Limited (OSIL), in compliance with Regulations 10 & 12 of Chapter III of the Securities and Exchange Board of India (Substantial Acquisition of Equity Shares and Takeovers) Regulations, 1997 and any subsequent amendment thereto, (the Takeover Regulations), to acquire on a voluntary basis, up to 6,100,000 fully paid-up equity shares of Rs 10 each of OSIL, representing 20% of the Diluted Capital of OSIL (as defined in the PA), at a price of Rs 330 per equity share of Rs 10 each of OSIL, payable in cash (Offer).

On June 03, 2009, BEL has acquired 20000 equity shares of Rs 10 each of OSIL, constituting 0.074% of the current issued and paid-up equity share capital of Rs 27,00,00,000 of OSIL, at a price of Rs 351.50 per equity share (through various transactions) by way of open market purchase (Acquisition).

The Acquisition was made pursuant to the provisions of Regulation 20(7) of the Takeover Regulations.

Wednesday, June 3, 2009

HDFC Bank - Allotment Of Equity Shares Under ESOS - June 03, 2009

HDFC Bank Limited has informed that the Investor Grievance (equity share) Committee of the Bank at its meeting held on June 03, 2009 have approved allotment of 3,15,159 equity shares to the employees of the Bank under the Employees Stock Option Scheme (ESOS).

Ambuja Cements - Allotment Of Shares Under ESOS - June 03, 2009

Ambuja Cements Limited has informed that the equity Share Allotment & Investor Grievance Committee at its meeting held on June 02, 2009 has allotted 20625 Equity Shares on exercise of the stock options by the employees as per the details given below:

- Stock Option Scheme 2003-2004 : 750 equity shares allotted.
- Stock Option Scheme 2004-2005 : 16125 equity shares allotted.
- Stock Option Scheme 2005-2006 : 3750 equity shares allotted.

Tuesday, June 2, 2009

Veer Energy Board Plan Final Dividend And Bonus Shares - June 02, 2009

Veer Energy and Infrastructure Limited has informed that the Board of Directors of the Company at its meeting held on June 01, 2009, inter alia, has decided the following:

1. The Board recommended the final dividend of 6%.

2. The Board has decided to issue Bonus equity Shares in the ratio of 1:2 (Every share holder holding 2 equity shares is getting 1 Bonus equity shares) subject to approval of members at the Annual General Meeting and concern authorities.

Videocon Industries - Allotment Of Equity Share - June 02, 2009

Videocon Industries Limited has informed that the equity Shareholders Committee of the Board of Directors of the Company on June 01, 2009, have allotted 1,17,65,000 Warrants to Bennett, Coleman and Company Limited (BCCL) with an option to BCCL to subscribe to 1,17,65,000 Equity Shares within 18 Months from the date of allotment at a price of Rs 170/- (Rupees One Hundred And Seventy Only) per Equity Share.

Forbes And Company Equity Shareholders Approve Schem - June 02, 2009

Forbes and Company Limited has informed that pursuant to the Order dated April 23, 2009 of Honble High Court of Judicature at Bombay, a meeting of the Equity Shareholders of the Company was held on May 26, 2009 for the purpose of considering the Scheme of Arrangement between Volkart Fleming Shipping and Services Limited and Forbes and Company Limited and their respective equity shareholders and Creditors for the demerger and transfer of Shipping Agency Division of Volkart Fleming Shipping and Services Limited into Forbes and Company Limited.

The Equity Shareholders of Forbes and Company Limited approved the said Scheme with overwhelming majority being 100% by number of equity shareholders present in person or by proxy and 100% by value of equity shares held by the equity shareholders present in person or by proxy.

With this, the said Scheme shall now be presented for approval and consideration of the Honble High Court of Judicature at Bombay.

Monday, June 1, 2009

Religare Enterprises Allotment Equity Shares - June 01, 2009

The committee of Religare Enterprises has allotted 15,070 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 7,63,34,600 equity shares of Rs 10 each aggregating Rs 76,33,46,000. These equity shares were allotted at the committee meeting held on 01 June 2009.

Gokul Refoils Board Recommends & Division Of Equity Shares - June 01, 2009

Gokul Refoils & Solvent Ltd has informed that the Board of Directors of the Company at its meeting held on May 30, 2009, inter alia, has transacted and considered the following:

1. The Board recommended the dividend of Rs 1.50 per equity share on face value of Rs 10 per equity share subject to approval of members at ensuing Annual General Meeting.

2. The Board approved sub-division of equity share of face value of Rs 10 per equity share into 5 Equity Shares of Rs 2 each, subject to approval of members at ensuing Annual General Meeting.

3. The Board reviewed status of ongoing Expansion at Haldia Plant commencing trial production by end of June, 2009 and the Board also approved ongoing expansion of existing Gandhidham Plant and setting up of new castor seeds crushing plant at Gandhidham.