HCL Technologies - Allotment Of Equity Shares Under ESOP

HCL Technologies Ltd has informed that the Employees Stock Option Allotment Committee of the Company on April 29, 2008 has allotted 1,47,452 Equity Shares of Rs 2/- each, under the 1999, 2000 & 2004 Stock Option Plans of the Company. Consequent to the said allotment the paid-up share capital of the Company has gone up to 66,53,41,420 equity shares of Rs 2/- each aggregating to Rs 133,06,82,968/-.

Wipro - Allotment Of Equity Shares

Wipro Ltd has informed that Administrative Committee of the Companys Board of Directors vide their resolution dated April 24, 2008 has resolved to issue and allot 1615 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 and Restricted Stock Unit Plan 2004

Hindustan Unilever Equity Shareholders Approve Scheme Of Arrangement

Hindustan Unilever Ltd has informed that the Equity Shareholders of the Company at its Court Convened Meeting held on April 29, 2008 have approved the resolution for approval of the Scheme of Arrangement for the demerger and transfer of certain immovable properties of Hindustan Unilever Ltd to Brooke Bond Real Estates Pvt Ltd, with requisite majority.

Alok Industries To Issue & Allot Equity Shares

The board of Alok Industries has decided to issue and allot 98,00,000 equity shares of the face value of Rs 10 each for cash at a premium of Rs 92 per share to Jiwrajka Associates, a part of the promoter group, as an outcome of exercise of option for conversion by the warrant holder of 98,00,000 warrants allotted on a preferential basis on 26 February 2008.
By virtue of the above referred preferential allotment of equity shares to the promoter group, the paid up equity share capital of the company has increased from 18,71,74,969 equity shares of the face value of Rs 10 each to 19,69,74,969 equity shares of the face value of Rs 10 each.

Further, the board has decided to hive-off its retail business to the company's wholly subsidiary company viz. Alok Homes & Apparels.

This was decided at the board meeting held on 28 April 2008.

Dazzel Confindive allots equity shares Of Rs 10

The board of Dazzel Confindive has allotted 20,00,000 equity shares of Rs 10 at a premium of Re 1 per share issued to promoters and non promoters on which the company received 90% allotment money amounting to Rs 19,80,000 preferential basis on conversion of 20,00,000 convertible warrants of Rs 11 per warrant.
These shares were allotted at the board meeting held on 28 April 2008.

Bio Green Industries To Issue Equity Shares

The board of Bio Green Industries has approved the issuance of equity shares on preferential basis and decided to call for an EGM on 27 May 2008.
Further, the board approved the appointment of V Jagdish as additional director on the board. Hitherto V Jagdish is with the company as the chief executive officer.

This was approved at the board meeting held on 28 April 2008.

India Infoline Board Approves Sub-Division Of Equity Shares & Recommends Final Dividend

India Infoline Ltd has informed that the Board of Directors of the Company at its meeting held on April 26, 2008, inter alia, has considered and approved the following:

1. Recommended a final dividend of Rs 6 per equity shares of Rs 10 each subject to approval of shareholders.

2. Sub-division of equity share of Rs 10 each into 5 equity shares of Rs 2 each subject to necessary approvals.

3. Allotment of 50,000 equity shares, pursuant to the exercise of options granted under the ESOP scheme of the Company.

Netflier Finco Equity Sharehoiders To Approve Scheme Of Arrangement

Netflier Finco Ltd has informed that pursuant by an order made on the March 07, 2008, the Honble High Court of Delhi at New Delhi, has directed that a meeting of the Equity Shareholders of the Company will be held on May 14, 2008, for the purpose of considering, and if thought fit, approving with or without modification(s), the proposed Scheme of Amalgamation between Ashim Investment Company Ltd and its wholly-owned subsidiaries - Mayfair Finance Ltd, Sidhi Vinayak Investment Ltd, Terrestrial Finance Ltd and Yashodhan Investment Ltd and Netflier Finco Ltd and its wholly owned subsidiaries - Hansdeep Investment Ltd, Hidrive Finance Ltd, Fanchanan investment Ltd and Radial Finance Ltd into and with Bengal & Assam Company Ltd.

ICICI Bank Allots Equity Shares

ICICI Bank has allotted 1,959 equity shares of face value of Rs 10 each under ESOS, 2000

These shares were allotted by the bank on 21 April 2008.

SB&T International To Allot Share Warrants

The board of SB&T International has approved the allotment of 18,00,000 equity share warrants of Rs 10 each at Rs 40 to the allottees on preferential allotment basis

This was approved by the board of directors through circular resolution dated 04 April 2008। The board of SB&T International has approved the allotment of 18,00,000 equity share warrants of Rs 10 each at Rs 40 to the allottees on preferential allotment basis.

This was approved by the board of directors through circular resolution dated 04 April 2008.