Tuesday, February 5, 2008

Reliance Energy - Allotment Of Equity Shares On Conversion Of ZCFCCBs

Reliance Energy Ltd has informed that the Committee of Directors of the Company at its meeting held on February 04, 2008, has allotted 26,957 equity shares of Rs 10 each for cash at a price of Rs 1,006.92 (including a premium of Rs 996.92) per Share to Foreign Institutional Investor against the conversion of 600 Zero Coupon Foreign Currency Convertible Bonds.

Consequent upon the said allotment, the paid-up capital of the Company stands increased to 23,65,30,262 fully paid-up equity shares of Rs 10 each.

3i Infotech - Allotment Of Equity Shares Under ESOS

3i Infotech Ltd has informed that the Company has allotted 10,500 equity shares on February 04, 2008, to the applicants under Employee Stock Option Scheme (ESOS), 2000.

Mahindra Forgings - Allotment Of Equity Shares Pursuant To Scheme Of Arrangement

Mahindra Forgings Ltd has informed that the Company has received approval from ForeignInvestment Promotion Board (FIPB) for allotment of equity shares pursuant to Scheme of Arrangement to the Non-resident shareholders of Transferor companies.

Consequently, the Committee of Directors of the Company at its meeting held on February 04, 2008 has allotted 11,691,916 equity shares of Rs 10/- each to the following Non-resident shareholders of the Transferor Companies:

1. Promethean I Limited2,258,447

2. Thomas Korner Gmbh1,175,510

3. Scholz AG 8,257,959.

Amtek India - Allotment Of Equity Shares

Amtek India Ltd has informed that Allotment Committee of the Board of directors of the Company in their meeting held on February 04, 2008 have allotted 548,434 equity shares at Rs 120.12/- per shares upon the conversion of FCCBs of US $ 1.50 million.

HDFC - Allotment Of Shares Pursuant To Conversion Of FCCBs

Housing Development Finance Corporation Ltd (HDFC) has informed that on February 04, 2008, the Corporation has allotted 43,745 equity shares of Rs 10 each pursuant to conversion of FCCBs by bondholders and exercise of stock options by employees.

Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs 283,22,09,570 consisting of 28,32,20,957 equity shares of Rs 10 each.

The summary of the FCCBs converted till date is as follows:

- Total FCCBs issued (Face Value USD 100000): 5000

- Number of FCCBs converted till date: 3803

- %ge converted: 76.06%.

Magma Shrachi - Allotment Of Equity Shares

Magma Shrachi Finance Ltd has informed that the Management Committee Meeting of the Board of Directors (which has been authorized in this regard) of the Company held on February 04, 2008, has allotted 16,14,300 Equity Shares of Rs 10/- each to the holders of 30,00,000 - 5% Optionally Convertible Preference Shares (OCPS) at a conversion price of Rs 200/- per equity share. The allotment was made pursuant to the terms and conditions of the issue of OCPS which was issued by the Company on preferential basis on August 04, 2006. The said equity shares shall rank pari passu in all respects with the existing equity shares.

The paid up equity share capital of the Company shall now stand increased from 2,01,62,840 equity shares of Rs 10 each aggregating to Rs 20,16,28,400 to 2,17,77,140 equity shares of Rs 10 each aggregating to Rs 21,77,71,400.

Monday, February 4, 2008

Bharti Airtel - Allotment of equity shares

Bharti Airtel Ltd has informed that the Allotment Committee of Directors of the Board of the Company at its meeting held on February 04, 2008, has allotted 11,675 Equity Shares to the employees upon exercise of stock options pursuant to ESOP Scheme 2005 of the Company in the following manner:

- 8,650 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 221/-

- 775 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 313/-

- 800 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 357/-

- 1,150 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 390/-

- 300 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 1897883246 (Nos.) to 1897894921 (Nos.) Equity shares of Rs 10/- each.

Intense Technologies - Allotment Of Equity Shares

Intense Technologies Ltd has informed that the Board of Directors of the Company at its meeting held on January 31, 2008, inter alia, has considered and approved the allotment of 3,33,850 Equity shares of Rs 10/- each to the employees, who have opted to exercise their vested stock options in terms of the Employee Stock Option Plan 2005.

Consequent to the above allotment, the paid up share capital of the Company has gone up from 1,83,04,032 equity shares of Rs 10/- each aggregating Rs 18,30,40,320/- to 1,86,37,882 equity shares of Rs 10/- each aggregating Rs 18,63,78,820/-.

Prime Securities - Allotment Of Equity Share Warrants

Prime Securities Ltd has informed that the Board of Directors of the Company at its meeting held on February 01, 2008, has approved the allotment of 4,00,000 Equity Share Warrants, carrying an entitlement to apply for equivalent number of Equity Shares, on a preferential basis, in accordance with the authority granted by the special resolution passed by the shareholders of the Company at their extraordinary general meeting held on January 25, 2008.

Saturday, February 2, 2008

Ashapura Minechem Allots Equity Shares

The board of Ashapura Minechem has allotted 49486 equity shares of face value Rs 2 per share to the applicants, who have exercised their option to apply for the shares under the said ESOS.

These shares were allotted at the board meeting held on 30 January 2008.