Equity Shareholders & Creditors Of Jaypee Hotels Approves Scheme Of Amalgamation – March 31 , 2009

Jaypee Hotels Ltd has informed that the Shareholders and Creditors of the Company have, in their respective meeting convened on March 27th, 28th & 29th, 2009, in terms of the Order dated February 09, 2009 passed by the Honble High Court of Judicature at Allahabad, have approved the scheme of Amalgamation of Jaypee Hotels Ltd, Jaypee Cement Ltd, Jaiprakash Enterprises Ltd and Gujarat Amman Cement Ltd with Jaiprakash Associates Ltd.

The Chairman of the meetings, as appointed by the Honble High Court shall be filling their respective reports directly with the Honble High Court.

New Markets Advisory Allotted 10,00,000 Equity Shares – March 31 , 2009

New Markets Advisory Ltd has informed that the Board of Directors of the Company at its meeting held on March 27, 2009, has allotted 10,00,000 equity shares on exercising option of the warrant holders.

Sri Ganapathy Considered The Issue Of Equity Shares On Preferential Basis – March 31 , 2009

Sri Ganapathy Mills Company Ltd has informed that the Board of Directors of the Company at its meeting held on March 30, 2009, inter alia, has considered the issue of equity shares on preferential basis. Accordingly the Company proposes to conduct the Extra Ordinary General Meeting (E.G.M.) on May 20, 2009.

Considered The Preferential Issue Of Equity Shares – March 30 , 2009

Arvind Remedies Ltd has informed that the Board of Directors of the Company at its meeting held on March 28, 2009, has considered the Preferential Issue of equity shares to Dr. Arvind Kumar B Shah (HUF) on conversion of the unsecured loan given by him into Equity. While taking this decision it was felt that based on the application to SEBI for giving in-principle approval, it may await for the same as the promoter has already submitted necessary application for exemption from SEBI (SAST) Regulations, 1997 which was pending before SEBI.

Accordingly, subject to the approval by SEBI, it was decided to issue equity shares worth Rs 7,00,48,000/- of face value Re 1 each at a price to be fixed in accordance with SEBI (DIP) Guidelines 2000, on a preferential basis to Dr. Arvind Kumar B Shah (HUF) and that an Extra Ordinary General Meeting be convened on May 02, 2009 to approve the said issue based on the pricing of the relevant date, which shall be April 02, 2009.

Ain Irrigation Systems Approved To Issue Of Upto 20,00,000 Equity Shares - March 27, 2009

Jain Irrigation Systems Ltd has informed that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on March 26, 2009, inter alia, have approved the following:

1. Issue of upto 20,00,000 Equity Shares of Rs 10/- each on preferential basis to International Finance Corporation (IFC) at a price of Rs 360.40.

2. Mortgage of immovable properties of the Company for consideration in terms of Section 293(1)(a) of the Companies Act, 1956 in favour of various lenders.

3. Amendment in ESOP 2005 for consideration pursuant to the provisions of the SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999, the Companies Act, 1956.

HDFC Bank - Allotment Of Equity Shares Under ESOS - March 27 , 2009

HDFC Bank Ltd has informed that the Investor Grievance (Share) Committee of the Bank at its meeting held on March 26, 2009, have approved allotment of 6,550 equity shares to the employees of the Bank under the Employees Stock Option Scheme (ESOS).

Action Financial Services Decided To Allot 60,000 Equity Shares Of Rs 10 Each - March 27 , 2009

Action Financial Services India Ltd has informed that the Board of Directors of the Company at its meeting held on March 25, 2009, has decided to allot 60,000 equity shares of Rs 10/- each at a premium of Rs 9.25 per share, pursuant to the conversion of 60000 convertible warrants issued to the promoters which are eligible for conversion before March 31, 2009 in terms of resolution passed in the annual general meeting held on September 29, 2007.

Further the Company has received request for conversion of balance warrants into equity shares from the promoters and same has been accepted and will be converted after receipt of balance amount for warrants from promoters.

ACC - Allotment Of Shares - March 26,2009

ACC Ltd has informed that pursuant to the Resolutions passed by Circular dated March 25, 2009 by the Shareholders / Investors Grievance Committee of the Board, 700 shares were allotted against exercise of Employee Stock Options under the ESOS Scheme as under:
- ESOS 2004 : 700 shares
Consequently, the paid up Share Capital of the Company has increased from 18,76,84,068 shares to 18,76,84,768 shares of Rs 10/- face value, as of date.

Span Diagnostics Allotted 1,57,500 Equity Shares Of Rs 10 Each - March 26, 2009

Span Diagnostics Ltd has informed that the Board of Directors of the Company at its meeting held on March 25, 2009, inter alia, had made allotment of 1,57,500 Equity Shares of Rs 10/- each at a premium of Rs 40.60 per share fully paid up, by converting Convertible Share Warrants already issued to promoters on preferential basis. This is in pursuant to approval of the Shareholders in Extra Ordinary General Meeting held on February 28, 2009 and in-principle approval dated February 13, 2009 of Stock Exchange for issue of Convertible Share Warrants.

The Companys share capital now stands increased from Rs 3,15,00,000 to Rs 3,30,75,000.

Anil Special Steel Industries Allotted 53,80,000 Equity Shares - March 26, 2009

Anil Special Steel Industries Ltd has informed that the Board of Directors of the Company at its meeting held on March 25, 2009, inter alia, has passed the resolution in their General Meeting of the Company held on February 12, 2009 and subsequent to the in-principal approval given by the stock exchange and has allotted 53,80,000 Equity Shares as per detail below:

1. Mr. Sudhir Khaitan - 10,00,000 Equity Shares
2. M/s. Agro Chemicals Fertilizers Ltd 17,20,000 Equity Shares
3. M/s. Maha Laxmi Saws (pvt.) Ltd 15,60,000 Equity Shares
4. M/s. Sam Tul Investments Ltd 11,00,000 Equity Shares