Thursday, July 31, 2008

Dhandapani Finance To Allot Preference Shares - July 31, 2008

The board of Dhandapani Finance has approved the issue and allotment of redeemable preference shares to Zwirn Pragati Capfin to the extent of 2,22,60,000 of Rs 10 each amounting to Rs 22,26,00,000.

The board has accepted the resignation of Rajen Padukone as director.

This was approved at the board meeting held on 30 July 2008.

IFB Agro Industries Issue 3,00,000 Equity Shares - July 31, 2008

The board of IFB Agro Industries has decided to issue 3,00,000 equity shares on preferential allotment basis to IFB Automotive.

This was decided at the board meeting held on 30 July 2008.

Wednesday, July 30, 2008

Godrej Industries' Board Approves Buy-Back Of Shares - July 30 , 2008

The board of Godrej Industries has approved the buyback of its own fully paid up equity shares of the face value of Re 1 each from the existing shareholders up to 57,00,000 equity shares for a total consideration not exceeding Rs 99 crore and at a price not exceeding Rs 275 per equity share.

This was approved at the board meeting on 29 July 2008.

Areva T&D India's Board Approves Sub-Division Of Shares - July 30 , 2008

The board of Areva T&D India has approved the sub-division of equity shares of Rs 10 each into 5 equity shares of Rs 2 each.

This was approved at the board meeting held on 29 July 2008.

Walchandnagar Industries Allots Equity Shares - July 30 , 2008

The committee of Walchandnagar Industries has issued and allotted 30,00,000 equity shares of Rs 2 each to Rodin Holdings Inc. and 7,69,310 equity shares of Rs 2 each to Olsson Holdings Inc. by way of conversion of warrants.

With the above allotment of shares the total promoters' holding in the company has gone up from 50.04% to 54.99%.

These shares were allotted at the committee meeting held on 29 July 2008.

Tuesday, July 29, 2008

Sadbhav Engineering Defers Subdivision Of Shares - July 29 , 2008

The board of Sadbhav Engineering has deferred the decision of subdivision of the equity shares of company.

This was decided at the board meeting held on 29 July 2008.

BNK Capital Markets To Issue Equity Shares & Warrants - July 29 , 2008

The board of BNK Capital Markets has decided to issue upto 12,00,000 equity shares of Rs 10 each and 18,00,000 warrants with an option to warrant holders entitling them to subscribe to equity share of Rs 10 each on preferential basis to promoters and others.

This was decided at the board meeting held on 29 July 2008.

India Infoline To Allot Equity Shares - July 29 , 2008

The board of India Infoline has considered and approved the allotment of 38,650 equity shares, pursuant to the exercise of options granted under the ESOP scheme of the company.

This was approved at the board meeting held on 29 July 2008.

Monday, July 28, 2008

Steelco Gujarat To Issue & Allot Preference Shares - July 28 , 2008

The board of Steelco Gujarat has decided to issue and allot 12.5% optionally convertible cumulative redeemable preference shares of Rs 10 each to Splpa Investments, promoter of the company on preferential allotment basis instead of issuing 12.5% non-convertible cumulative redeemable preference shares of Rs 10 each as intimated earlier.

The circular resolution was passed by the board of directors on 28 July 2008.

Federal Bank Acquires 4.99% Shares Of Catholic Syrian Bank - July 28 , 2008

Federal Bank has acquired 4.99% of shares of catholic Syrian Bank, subject to approval of Reserve Bank of India.

The company made this announcement during the trading hours today, 28 July 2008.