Garware Wall - Allotment Of Equity Shares

Garware Wall Ropes Ltd has informed that the Committee of Board of Directors viz. Shareholders/Investors Grievances and Share Transfer Committee, at its meeting held on March 28, 2008, allotted 9,98,000 Equity Shares of Rs 10/- each, arising out of exercise of option for conversion into equity shares in respect of Convertible Warrants already allotted / issued to the Promoter entities on preferential basis.

Syncom Formulations - Outcome Of Share Allotmenet Committee Meeting

Syncom Formulations India Ltd has informed that the Share Allotment Committee of the Board at its Meeting held on March 29, 2008 has passed the resolutions for the following purposes.

1. Allotment of 3,10,000 (Three Lakhs Ten Thousand) Equity Shares of Rs 10/- (Rupees Ten only) each by way of preferential allotment at a premium of Rs 36/- (Rupees Thirty Six only) per Equity Share aggregate to Rs 142.60 Lacs (Rupees One Crores Forty Two Lacs Sixty Thousand only) to Shri Kedarmal Bankda, promoters of the Company and that the new Equity shares allotted shall rank pari passu in all respects including entitlement for dividend / interim dividend if any with the existing equity shares of the Company.

2. Allotment of 3,25,000 (Three Lacs Twenty Five Thousand) Warrants of Rs 46/- each (Rs Forty Six) convertible into equity shares of Rs 10/- each at a premium of Rs 36/- per share per Warrant, to Shri Rahul Bankda, the person acting in concert with promoters on preferential allotment basis.

Provogue India - Allotment Of Equity Shares

Provogue India Ltd has informed that the Committee, constituted by the Board of Directors of the Company, allotted 9,00,000 equity shares of Rs 10/- each, pursuant to the exercise of the options under the convertible warrants, to the following Promoters / member of Promoter Group of the Company at its meeting held on March 29, 2008:

1. Mr. Nikhil Chaturvedi : 288914 No of Shares

2. Mr. Salil Chaturvedi : 282851 No of Shares

3. Mr. Deep Gupta : 106662 No of Shares

4. Mr Rakesh Rawat: 77609 No of Shares

5. Mr. Akhil Chaturvedi: 55732 No of Shares

6. Mr. Nigam Patel : 55732 No of Shares

7. Mr. Virendra Chhabra* : 32500 No of Shares

*Part of Promoter Group

18,00,000 convertible warrants were allotted to the above promoters / Promoter Group pursuant to a Special Resolution in accordance with Section 81(1A) and the Preferential issue Guidelines of SEBI passed by the members at the Extra Ordinary General Meeting held on February 16, 2007 and they have partly exercised their options and the remaining warrants can be converted into shares at the option of the said warrant holders on or before September 02, 2008।

Subsequent to allotment of shares against the convertible warrants the shareholding of the said Promoters are as follows:

1. Mr. Nikhil Chaturvedi : 1999050 No of Shares
% age of Capital : 9.996
2. Mr. Salil Chaturvedi : 1938267 No of Shares
% age of Capital : 9.692
3. Mr. Deep Gupta : 1069398 No of Shares
% age of Capital : 5.35
4. Mr. Rakesh Rawat: 778105 No of Shares
% age of Capital : 3.897
5. Mr. Akhil Chaturvedi: 558772 No of Shares
% age of Capital : 2.799
6. Mr. Nigam Patel : 558772 No of Shares
% age of Capital : 2.799
7. Mr. Virendra Chhabra* : 32500 No of Shares
% age of Capital : 0.163

* Part of Promoter Group

Further, the Promoters Shareholding in the paid up capital of the Company has been increased from 83,25,029 equity shares representing 43.59% of the equity capital to 92,25,029 equity shares representing 46.13% of the total paid up capital. The equity shares shall rank pari-passu in all respects including payment of Dividend with the existing Equity Shares of the Company.

Sybly Industries - Allotment Of Shares On Preferential Basis

Sybly Industries Ltd has informed that the Board of Directors of the Company at its meeting held on March 31, 2008, has allotted 5,00,000 Equity Shares of Rs 10/- each by converting 5,00,000 Warrants, allotted earlier, to the promoters / promoters group on preferential basis.

Satyam Computer Services Allots Equity Shares

The committee of Satyam Computer Services has allotted 56,474 equity shares through circular resolution on 27 March 2008 under stock option plans of the company.Consequent to the above allotment, the paid up share capital of the company has gone up from 670,422,819 equity shares of Rs 2 each aggregating Rs 1,340,845,638 to 670,479,293 equity shares of Rs 2 each aggregating Rs 1,340,958,586. This was approved by the committee of directors on 28 March 2008.

Record Date For Andrew Yule & Company Reduction Of Capital Is 04 April 2008

Andrew Yule & Company has fixed 04 April 2008 as the record date for the purpose of capital reduction of each equity shares from Rs 10 to Rs 2.

This was fixed at the board meeting held on 19 March 2008.

i-flex Solutions - Allotment Of Equity Shares

i-flex Solutions Ltd has informed that at the meeting of the ESOP Allotment Committee of the Company held on March 28, 2008, the Committee has allotted 2,500 equity shares to the eligible Director and Employee of the Company who have chosen to exercise their options under Employees Stock Option Scheme (ESOS), 2002 of the Company.

In this lot, 2,000 equity shares have been allotted to Mr. Y M Kale, Director of the Company.

XL Telecom - Allotment Of Equity Shares Upon Conversion Of Warrants

XL Telecom & Energy Ltd has informed that a Committee of the Board of Directors at its meeting held on March 27, 2008, has allotted 11,00,000 (Eleven Lakhs) Equity Shares of Rs 10/- each at a premium of Rs 125/- on conversion of warrants to the following:
1. Sree Sahasya Enterprises Pvt Ltd (Previously Sree Sahasya Investments Pvt Ltd) & (Promoter Group)

- No of shares allotted : 11,00,000

- No of warrants converted: 11,00,000

Consequently, the paid up Equity Share Capital of the Company has been increased from 17484972 Equity Shares of Rs 10/- each to 18584972 Equity Shares of Rs 10/-each.

ICICI Bank Allots Equity Shares

ICICI Bank has allotted 2,717 equity shares of face value of Rs 10 each under ESOS 2000.

These shares were allotted by the bank on 17 March 2008.

Malwa Cotton Spinning Mills To Allot Equity Shares

The board meeting of Malwa Cotton Spinning Mills will be held on 02 April 2008 to allot equity shares to IFCI on preferential basis in terms of restructuring of debt approved by them against funded interest on account of overdue interest aggregating to Rs 400 lakhs.