Consequently with effect from July 29, 2009, the Issued, Subscribed and Paid up equity Share Capital of the Company stands increased to Rs 13,17,67,250/- consisting of 71,76,725 Equity Shares of Rs 10/- each fully paid up and 60,00,000, 10% Cumulative Redeemable Preference equity Shares of Rs 10/- each fully paid up.
Wednesday, July 29, 2009
Hindusthan Udyog - Allotment Of Equity Shares - July 29, 2009
Hindusthan Udyog Limited has informed that the Board of Directors of the Company at its meeting held on July 29, 2009, has issued and allotted 8,49,625 Equity Shares of Rs 10/- each and 60,00,000 10% Cumulative Redeemable Preference equity Shares of Rs 10/- each to the Equity Shareholders and the Preference equity Shareholders respectively of ACC-Nihon Castings Limited (Transferor Company) pursuant to an Order dated March 23, 2009 passed by the Honble High Court at Calcutta in connection with the amalgamation of ACC-Nihon Castings Limited with the Company.
Consequently with effect from July 29, 2009, the Issued, Subscribed and Paid up equity Share Capital of the Company stands increased to Rs 13,17,67,250/- consisting of 71,76,725 Equity Shares of Rs 10/- each fully paid up and 60,00,000, 10% Cumulative Redeemable Preference equity Shares of Rs 10/- each fully paid up.
Consequently with effect from July 29, 2009, the Issued, Subscribed and Paid up equity Share Capital of the Company stands increased to Rs 13,17,67,250/- consisting of 71,76,725 Equity Shares of Rs 10/- each fully paid up and 60,00,000, 10% Cumulative Redeemable Preference equity Shares of Rs 10/- each fully paid up.
Labels:
equity,
Hindusthan Udyog Limited,
Honble High Court
Tata Steel Board Approves Scheme Of Equity Share - July 29, 2009
The board of Tata Steel and Hooghly Met Coke & Power Company have approved scheme of amalgamation of HMPCL with the company with effect from 01 April 2009. HMPCL is a wholly owned subsidiary of the company with its registered office in West Bengal.
Upon the scheme coming into effect and in terms of the scheme of amalgamation, all assets and liabilities of HMPCL will stand transferred to the company at their book values and all equity shares of HMPCL shall stand cancelled.
No equity shares will be issued by the company in lieu of equity shares of HMPCL. The scheme is subject to and conditional upon requisite approvals and sanctions being received thereof.
This was approved at the board meeting held on 29 July 2009.
Labels:
Coke And Power Company,
equity,
HMPCL,
Hooghly Met,
Tata Steel
Tuesday, July 28, 2009
Uflex In The Direction Issue Of Equity Shares - July 28, 2009
The board meeting of Uflex will be held on 30 July 2009 to consider the proposal for mobilizing funds by issue, offer and allotment of Rrghts issue and/or public issue and/or QIPs and/or against subscription in foreign currency/Indian rupee through prospectus and/or offering circular/letter, of equity shares of the company and/or any other equity related instrument with or without warrants, NCDs/PCDs with or without warrants and/or GDSs and/or ADSs against the issue of underlying equity shares and/or FCCBs convertible at the option of the holder into equity shares and/or GDSs to resident or foreign investors and authorization to committee of directors to decide the type of issue/quantum of issue etc.
Glodyne Technoserve - Grant Of Equity Share Option Under ESOS - July 28, 2009
Glodyne Technoserve Limited has informed that the Compensation Committee of the Board of Directors at its meeting held on July 27, 2009, has granted 92,262 stock options (each option carrying right to apply for one Equity Share of Rs 10/- each) to the eligible employees of the Company and its subsidiary.
Against each such stock option, the eligible employees will have right to apply for and get allotted one equity share at a exercise price of Rs 534.35/- (Rupees Five Hundred and Thirty Four and Thirty Five Paise only) being the closing market price on BSE, where the trading volume in the Companys equity shares was higher, on the last trading day prior to the Meeting of Compensation Committee. The vesting period & conditions for the said options is as prescribed in grant letters.
Against each such stock option, the eligible employees will have right to apply for and get allotted one equity share at a exercise price of Rs 534.35/- (Rupees Five Hundred and Thirty Four and Thirty Five Paise only) being the closing market price on BSE, where the trading volume in the Companys equity shares was higher, on the last trading day prior to the Meeting of Compensation Committee. The vesting period & conditions for the said options is as prescribed in grant letters.
Gujarat Petrosynthese Board Approves Buy-Back Of Equity Shares - July 28, 2009
Gujarat Petrosynthese Limited has informed that the Board of Directors of the Company at its meeting held on July 27, 2009, inter alia, has considered the matters relating to Buy-Back of Equity Shares. After deliberations, it was decided as under:
- Pursuant to the provisions of Section 77A, 77AA, 77B and all other applicable provisions, if any, of the Companies Act, 1956 and the provisions of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 1998, including any statutory modification(s) or reenactment of the Act of Regulations for the time being in force, and subject to such approvals, permissions and sanctions as may be necessary, approval of the equity shareholders be sought through postal ballot for Buy-back of not more than 1211762 fully paid equity shares of the Company of the face value of Rs 10/- each from the existing equity shareholders, in aggregate not exceeding 25% of the existing paid up equity capital of the Company, at a price of Rs 40/- per equity share, such that the aggregate consideration for the equity shares bought back does not exceed 25% of the equity capital and free reserves of the Company.
- Pursuant to the provisions of Section 77A, 77AA, 77B and all other applicable provisions, if any, of the Companies Act, 1956 and the provisions of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 1998, including any statutory modification(s) or reenactment of the Act of Regulations for the time being in force, and subject to such approvals, permissions and sanctions as may be necessary, approval of the equity shareholders be sought through postal ballot for Buy-back of not more than 1211762 fully paid equity shares of the Company of the face value of Rs 10/- each from the existing equity shareholders, in aggregate not exceeding 25% of the existing paid up equity capital of the Company, at a price of Rs 40/- per equity share, such that the aggregate consideration for the equity shares bought back does not exceed 25% of the equity capital and free reserves of the Company.
Monday, July 27, 2009
Titagarh Wagons Equity Shareholders To Approve Scheme - July 27, 2009
Titagarh Wagons has announced that pursuant to an order made on 07 July 2009, the Hon'ble High Court at Calcutta has directed that separate meetings of the equity Shareholders of Titagarh Steels, being the applicant company no.1 above named (TSL) and Titagarh Wagons being the applicant company no.3 above named (the transferee company) will be held on 12 August 2009 for the purpose of considering and if thought fit, approving, with or without modification, the proposed scheme of amalgamation of TSL and Titagarh Biotec, being the applicant company no.2 above named (TBPL) with the transferee company.
The company made this announcement after the trading hours today, 27 July 2009.
The company made this announcement after the trading hours today, 27 July 2009.
Zyden Gentec Board Approves To Convert Warrants Into Equity Share - July 27, 2009
The board of Zyden Gentec has accorded its approval for the conversion of 3,00,000 warrants into equity shares of Rs 10 each (exercise price of Rs 31 per equity share) on being fully paid up to Deepak Real Estate Developers (1,00,000) and Struzzo Capital Services (2,00,000).
The board also discussed the working and performance of the company.
This was decided at the board meeting held on 25 July 2009.
The board also discussed the working and performance of the company.
This was decided at the board meeting held on 25 July 2009.
Geometric - Grant Of Equity Share Under ESOP Scheme - July 27, 2009
Geometric Limited td has informed that the Compensation Committee of the Company at its meeting held on July 24, 2009 has granted 23,000 options to the senior management of the Company and its subsidiary.
Each Vested Option shall be convertible into 1 equity share of the Company of the face value of Rs 2/- each at the Exercise Price.
The vested Options shall be exercisable within such period not exceeding five years from the date of grant.
Each Vested Option shall be convertible into 1 equity share of the Company of the face value of Rs 2/- each at the Exercise Price.
The vested Options shall be exercisable within such period not exceeding five years from the date of grant.
Saturday, July 25, 2009
Indiabulls Financial Allotments Of Equity Shares - July 25, 2009
The committee of Indiabulls Financial has issued and allotted 5,61,40,350 fully paid-up equity shares at a price of Rs 171 per equity share aggregating to Rs 959,99,99,850.
Consequent to the issue and allotment of the equity shares as aforesaid, the paid-up equity share capital of the company stands increased from the present Rs 50,72,59,538 divided into 25,36,29,769 equity shares of face value Rs 2 each to Rs 61,95,40,238 divided into 30,97,70,119 equity shares of face value Rs 2 each.
These equity shares were allotted at the committee of directors meeting held on 24 July 2009.
Consequent to the issue and allotment of the equity shares as aforesaid, the paid-up equity share capital of the company stands increased from the present Rs 50,72,59,538 divided into 25,36,29,769 equity shares of face value Rs 2 each to Rs 61,95,40,238 divided into 30,97,70,119 equity shares of face value Rs 2 each.
These equity shares were allotted at the committee of directors meeting held on 24 July 2009.
Samtel Color Allotment Of Equity Shares - July 25, 2009
The committee of Samtel Color has the conversion of warrants into equity shares and allotted 23,25,581 equity shares of face value of Rs 10 to CEA Consultants, the promoter company in pursuant to the preferential issues.
Issued and paid up equity share capital of the company has now been increased from 5,12,71,185 equity shares at the rate of Rs 10 each fully paid up for Rs 51,27,11,850 to 5,35,96,766 equity shares at the rate of Rs 10 each fully paid up for Rs 53,59,67,660.
The company made this announcement after the trading hours on 24 July 2009.
Issued and paid up equity share capital of the company has now been increased from 5,12,71,185 equity shares at the rate of Rs 10 each fully paid up for Rs 51,27,11,850 to 5,35,96,766 equity shares at the rate of Rs 10 each fully paid up for Rs 53,59,67,660.
The company made this announcement after the trading hours on 24 July 2009.
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