Radha Madhav Corporation To Issue Equity Shares

The board of Radha Madhav Corporation has decided to issue 25,50,000 equity shares of Rs 10 each to non promoters.

The board has decided to issue 25,50,000 equity shares of Rs 10 each to non promoters.

The board has decided to issue 6,00,000 equity shares Rs 10 each to promoters.

The issue price will be Rs 85 per security or such price. The holder of warrants shall be entitled to one equity shares in exchange of one warrant.

The issue of the above securities is to fill up the short fall of fund occurred due to non allotment of securities as approved in the extra ordinary general meeting held on 21 January 2007.

This was decided at the board meeting held on 30 October 2007.

Genus Power Infrastructures Allots Equity Shares

The board of Genus Power Infrastructures has allotted 6,00,000 fully paid-up equity shares of the company of face value Rs 10 per equity share at a subscription price of Rs 560 per equity share, to the financial investors like ABG Holdings (5,00,000 equity shares) and Rajni Jain (1,00,000 equity shares).

These shares were allotted at the board meeting held on 30 October 2007.

On 7 September 2007, Genus Power Infrastructures (GPIL) introduced a new product radio frequency identification (RFID) based contact less smart card pre paid meter, which has distinct advantages over the conventional key paid based or plug in type card based pre paid meters. The new product will ensure advance revenue collection by power utilities.

GPIL’s net profit rose 62.88% to Rs 9.17 crore on 29.16% growth in sales to Rs 100.73 crore in Q2 September 2007 over Q2 September 2006.

The company is engaged in designing and manufacturing of high-end programmable multi-functional intelligent single phase & three phase meters with in-built advanced security and anti-tamper features, automatic meter reader enabled meters, trivector meters, time of the day meters, audit meters, hybrid microcircuits and resistor network.

India Infoline To Issue Equity Shares

The members of India Infoline have accorded FIIs including their sub-accounts, in the shares or securities convertible into shares of the company, by purchase or acquisition from the market under PIS under FEMA, upto 100% of the paid up equity share capital or paid up value of the securities convertible into shares of the company as may be applicable or such other maximum limit as may be prescribed from time to time.

The members have decided to create, offer, issue and allot at any time to or to the benefit of such persons who are in permanent employment of the company, including any directors of the company, whether whole time, independent or otherwise whether in India or at overseas location under ESOS 2007 or any other instruments or securities of the company which could give rise to issue of equity shares not exceeding 15,00,000 equity shares of Rs 10 each.

The members have decided to issue, offer and allot 15,00,000 equity warrants on preferential basis to the trustees of India Infoline Employee Trust. Each of the equity warrant will be exercisable into one equity share of face value of Rs 10 to be issued in one or more tranches, at Rs 758, which includes a premium of Rs 748 per share.

Further, the members have decided to borrow any sum or sums of money from time to time at their discretion, for the purpose of the business of the company, which together with the monies already borrowed by the company, may exceed at any time, the aggregate of the paid-up capital of the company and its free reserves by a sum not exceeding Rs 3,000 crore.

This was decided at the extra ordinary general meeting held on 20 October 2007.

Neogem India Converts Warrants Into Equity Shares

The board of Neogem India has converted 5,10,000 equity share warrants into equity shares of Rs 10 each.

This was decided at the board meeting held on 30 October 2007.

Cambridge Solutions - Allotment Of Equity Shares

Cambridge Solutions Ltd has informed that the Board of Directors of the Company at its meeting held on October 30, 2007, has allotted the following:A. Number of Equity Shares : 24,000Name of the Stock Option Plan : Cambridge ESOP 2006 (Program 1)B. Number of Equity Shares : 5737Name of the Stock Option Plan - Scandent Employee Stock Option Plan 2005 (Program 1)C. Number of Equity Shares : 11262 Name of the Stock Option Plan - Scandent Employee Stock Option Plan 2004Consequent to the above allotment, the paid up capital or the Company has gone up from Rs 111,29,53,840/- comprising of 11,12,95,384 equity shares of Rs 10/- each to Rs 111,33,63,830/- comprising of 11,13,36,383 equity shares of Rs 10/- each.

Jubilant Organosys - Allotment Of Shares On Conversion Of FCCBs

Jubilant Organosys Ltd has informed that the Special Committee of the Board of Directors of the Company at its meeting held on October 26, 2007, allotment of 410,688 equity shares of Re 1/- each at a premium of Rs 162.646 per share has been made to Credit Suisse Singapore Ltd., on conversion of a part of the Foreign Currency Convertible Bondsamounting to US $ 1,500,000.

Wipro - Allotment Of Equity Shares

Wipro Ltd has informed that Administrative Committee of the Companys Board of Directors vide their Circular resolution effective October 29, 2007, has resolved the following:1. To issue and allot 4700 equity shares of Rs 2/- each pursuant to exercise of the stock options by the eligible employees under the Wipro Employee Stock Options Plan i.e., WESOP 2000.2. Allotted 40080 equity shares of par value of Rs 2/- to JP Morgan Chase Bank, the Companys depository as underlying shares in respect of ADRs to be issued and allocated to the purchasers, pursuant to the exercise of the stock options granted to the employees under the Companys ADS Restricted Stock Unit Plan- 2004.3. To issue and allot 11000 equity shares of Rs 2/- each pursuant to exercise of the stock options by the eligible employees under the Wipro Employee Stock Options Plan i.e., WESOP 2000.

Accentia Technologies To Allot Equity Shares

The board of Accentia Technologies has accorded their consent for allotment of 12,41,969 equity shares formally to Berggruen AP, Mauritius.

The company has received in-principle approval for allotting equity shares on preferential basis to Berggruen AP, Mauritius for an amount equivalent of US $ 5,000,000 equity shares numbering 12,41,969. Berggruen AP, Mauritius is a venture of Berggruen Holdings, A Global investment fund investing internationally in an extensive range of asset classes including private equity.

This was decided at the board meeting held on 27 October 2007.

GTL Infrastructure To Allot Equity Shares

The committee of GTL Infrastructure has decided to consider allotment of 1,08,615 shares of Rs 10 each for cash at par, in terms of the offer document of GTL and scheme of arrangement & reconstruction approved by the Hon'ble High Court of Judicature at Bombay.

Consequent upon the exercise of right to convert FCCBs worth Swiss Francs (SFr.) 29,126.10.

This was decided at the committee meeting held on 29 October 2007.

HDFC - Allotment Of Shares Pursuant To Conversion Of FCCBs

Housing Development Finance Corporation Ltd (HDFC) has informed that during the last week the Corporation had received Conversion Notices for conversion of 834 FCCBs of the face value of USD 100000 each.Accordingly the Corporation on October 29, 2007, allotted 26,06,045 equity shares of Rs 10 each in terms of the Offering Circular dated September 21, 2005.Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs 276,06,09,000 consisting of 27,60,60,900 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: 1604- %ge converted: 32.08%.