South Asian Petrochem - Limited Review for the quarter ended Sep 30, 2007

South Asian Petrochem Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"Provision for deferred taxation has not been ascertained and accounted for the quarter and six months ended September 30, 2007."

Jindal Stainless - Allotment of equity shares

Jindal Stainless Ltd has informed BSE that the Company on November 30, 2007, has allotted 14,96,386 equity shares of Rs 2/- each upon conversion of 820 - 0.50% Convertible Bonds Due 2009 of US$ 41,00,000. Consequent upon conversion of convertible bonds, the paid up equity share capital of the Company has been increased from Rs 29,18,77,092/- to Rs 29,48,69,864/- divided into 14,74,34,932 equity shares of Rs 2/- each.

Adlabs Films - Allotment of Equity Shares

Adlabs Films Ltd has informed BSE that the Committee of the Board of Directors at its meeting held on November 30, 2007 has allotted 3,99,396 equity shares of Face Value Rs 5/- each for cash at a price of Rs 543.42 (including a premium of Rs 538.42) per share pursuant to the conversion notices received in respect of conversion of Zero Coupon Foreign Currency Convertible Bonds aggregating 4,000,000 Euros (or Rs 21,70,40,000) in value.

Pursuant to the allotment the total paid up share capital of the Company shall be Rs 20,72,08,830/- divided into 4,14,41,766 equity shares of Rs 5 each fully paid up.

Further pursuant to the allotment the Networth of the Company shall be Rs 400.35 crores.

The outstanding amount of Zero Coupon Foreign Currency Convertible Bonds is now 67,565,000 Euros in value.

Birla VXL - Limited Review for the quarter ended Sep 30, 2007

Birla VXL Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"1. In absence of substantial evidence regarding advances towards building aggregating to Rs 881 lac, considered good by the management, the Auditors are unable to comment upon the ultimate recoverability of the same. Necessary recognition of interest etc, if any, will be made on settlement of ongoing legal / arbitration proceedings.

2. The accounts have been drawn on going concern basis, despite negative net worth, as the Board expects that under improved market conditions, post implementation of various provisions of Scheme and continued initiatives towards operational improvements, adequate net worth and working capital will be available for sustained operations.

3. Note no. 2 of accompanying statement of unaudited financial results, which states that the effect of revised Accounting Standard 15 'Employees Benefit', and provision for Taxation, including deferred tax, will be determined and dealt with at the year end.

4. Balances of debtors, creditor, loans and advance, secured and unsecured loans are subject to confirmation and / or reconciliation, impact whereof is currently not ascertained."

GE Shipping contracts to buy 2 Supramax Dry Bulk Carriers

Great Eastern Shipping Company Ltd (GE Shipping) has announced that the Company has placed an order for 2 new building Supramax Dry Bulk Carriers. These vessels (of approx 57,000 dwt each) are being built at the Cosco (Zhoushan) Shipyard Co. Ltd, and are expected to join the Company's fleet during Q4 FY 2009-10.

The objective of ordering these dry bulk vessels is with a view to enhance tonnage and participate in the increasing opportunities in the dry bulk commodities trade. In line with the same view, the Company had contracted to buy 2 new building Kamsarmax dry bulk carriers in Oct' 07, which are expected to join the Company's fleet in Q4 FY10-11 & Q1 FY11 - 12 respectively.

With this contract, the Company's current new building order book comprises 8 vessels aggregating 0.57 mn dwt (4 LRI product tankers aggregating 0.30 Mn dwt & 4 dry bulk carriers aggregating 0.27 mn dwt).

Exide Industries fixes Record Date for Right Issue

Exide Industries Ltd has informed BSE that the Rights Issue Committee at its meeting held on November 30, 2007, has fixed December 17, 2007, as the Record Date for reckoning the eligible shareholders who are entitled to apply to the Rights Issue of the Company of 5,00,00,000 fully paid equity shares with a face value of Re 1/- each for cash at a premium of Rs 29/- per shares (i.e. at a price of Rs 30/- per share) aggregating Rs 150 crores in the ratio of 1 (One) fully paid equity share for every 15 (Fifteen) fully paid equity shares (i.e., 1:15) of Re 1/- each.

Visaka Industries - Updates

Visaka Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 25, 2007, has allotted 3,00,000 Equity Shares and 9,00,000 Convertible Equity share warrants to M/s. Sandadi Homes Pvt Ltd, on preferential basis @ Rs 138.10/— per share.

While the Company has received total consideration for the equity shares, it has received 10% of the issue amount viz., Rs 1,24,29,000/- (Rupees One Crore Twenty Four Lakhs and Twenty Nine Thousand Only), towards allotment of 9,00,000 Convertible Equity share warrants, as application and allotment money.

As per the SEBI (Disclosure and Investor Protection) Guidelines, 2000, the option to acquire the Equity Shares can be exercised by the Warrant Holders in one or more tranches on or before the expiry of 18 months from the date of allotment of the warrants, viz., on or before the November 24, 2007.

However, the Company has informed that, the said allottee viz., M/s. Sandali Homes Pvt Ltd, has failed to exercise its option under the Warrants, to acquire the equity shares of the Company, within the time limit prescribed. As the Warrants so allotted by the Company have lapsed, the Company has, as per Clause: 13.1.2.3 (c) of said Guidelines, forfeited the amount paid by the allottee on the said warrants.

MTNL - Limited Review for the quarter ended Sep 30, 2007

Mahanagar Telephone Nigam Ltd (MTNL) has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"1. The Company has adopted the basis for valuing Fixed Assets, Capital Work in Progress & Depreciation and expenditure on replacement on cables, apparatus & plants installation and rehabilitation work is capitalized as per Significant Accounting Policy of the Company, which in the auditors opinion, is not in agreement with Accounting Standard - 10 - 'According for Fixed Assets', and Accounting Standard - 6 - 'Accounting for Depreciation', issued by the Institute of Chartered Accountants of India.

2. The Company has adopted the basis of valuation of inventories (except for WLL Handsets) as per Significant Accounting Policy of the Company which is not in accordance with the Accounting Standard - 2 on 'Valuation of Inventories' issued by the Institute of Chartered Accountants of India. Further the Company has not done compliance of AS - 28 'Impairment of Assets'.

3. The provision for Bonus / Ex-Gratia, Liabilities of post retirement benefits as per AS - 15, accrual income & depreciation has been made on estimated basis Pending actual determination of the liability, the impact of the same on the accounts for the quarter under review is not ascertainable.

4. The sundry debtors control account, subscriber account and interest accrued thereon unlinked receipts from subscribers balance with DOT & BSNL are subject to reconciliation and consequent adjustments.

5. To the best of our knowledge and belief and according to the explanation given to the auditors the Company is in process of giving effect of the qualifications made by the auditors in respect of previous accounting years. The impact of these qualifications on the Profit and Loss account for the quarter under report, as required under the provisions of clause 41 of the Listing Agreement is unascertainable."

GTL - Updates on Buyback of equity shares

GTL Ltd has informed BSE about the following:

"With reference to the Letter of Offer dated October 15, 2007 issued by the Company under the Securities and Exchange Board of India (Buyback of Securities) Regulations, 1998 for Buyback up to 86,29,333 Equity shares through tender route.

The Company's Buyback offer opened on October 29, 2007 and closed on November 19, 2007. The Company received good response to the Buyback offer with 3.768 times acceptance from the Shareholders. Since the total number of shares tendered by the shareholders is more than the Buyback size, the shares accepted by the Company are on proportionate basis in accordance with the Buyback regulations.

The Company paid out Buyback consideration amounting to Rs 258.88 Crore and the excess shares returned to the shareholders who responded to the Company's Buyback offer. In view of the said Buyback offer, the promoters' shareholding in the Company has gone up from 32% to 34.70%.

In terms of the Buyback regulations, the Company will cancel and extinguish 86,29,333 Equity shares received under the Buyback offer."

Ballarpur Industries - Updates on Scheme of Arrangement & Reorganisation

Ballarpur Industries Ltd has informed BSE that the Scheme of Arrangement and Reorganisation between the Company and BILT Graphic Paper Products Ltd and their respective Shareholders and Creditors (Company Petition No 12 / 2007) has been duly sanctioned by the Hon'ble High Court of Bombay, Nagpur Branch vide its order dated November 30, 2007.

Sintex Industries - Grant of Options under ESOP

Sintex Industries Ltd has informed BSE that pursuant to the approval of the (i) shareholders of the Company at the Extra Ordinary General Meeting of the Company held on October 10, 2006; and (ii) the Compensation Committee of Directors at its meeting held on November 30, 2007, the Sintex Employees Welfare Trust, on recommendation of Compensation Committee has granted 6,63,500 options to the Employees of the Company under the Sintex Industries Employee Stock Option Scheme, 2006.

Reliance Energy - Media Release

Reliance Energy Ltd (REL) has informed BSE that the Company's group Company, Reliance Power Ltd, on November 30, 2007 has been awarded a Letter of Intent for the 4,000 MW imported-coal based Ultra Mega Power Project at Krishnapatnam Andhra Pradesh, which will have an estimated capital outlay of Rs 20,000 crore.

This is in addition to the 4,000 MW domestic-coal based Ultra Mega Power Project at Sasan, Madhya Pradesh, involving an estimated capital outlay of about Rs 18,000 crore, which was awarded earlier this year to Reliance Power.

Reliance Power's estimated capital outlay for these two projects alone aggregates approximately Rs 40,000 crore. In addition, Reliance Energy and / or its group Companies are implementing several large infrastructure development projects, in the areas of metro railways, roads, real estate, etc.

In order to augment long term resources for the REL's contribution to Reliance Power, as well as for financing the large number of mega infrastructure projects that are being implemented by the REL group, and several others that are in the pipeline, the Board of Reliance Energy Ltd will meet on December 02, 2007 to consider proposals for raising resources by way of preferential allotment of equity and / or equity related securities, and / or long term debt, and / or other financial instruments.

BAG Films clarifies on news items

With reference to the news item titled "BAG Films in talks to raise funds via arm Big Glamours:Sources", BAG Films & Media Ltd has clarified to BSE that the Company deny any such information which may be based purely on the market rumours. The Company has not sold any Stake of B.A.G. Glamour to Star T.V. as far as the rising of funds through FCCBs is concerned, the Company has already intimated the same to the Stock Exchange, though it would like to clarify that funds through FCCBs are to be raised in B.A.G Films & Media Ltd and not in B.A.G Glamour Pvt Ltd as is seen in the quoted news article.

HPCL - Outcome of Board Meeting

Hindustan Petroleum Corporation Ltd (HPCL) has informed BSE that the Board of Directors of the Company at its meeting held on November 30, 2007, has accorded its approval for signing of the Share Purchase Agreement and subscribing to the shares of OIL to be disinvested by Government of India.

Ingersoll Rand - Updates

With reference to the earlier announcement dated July 31, 2007, September 07, 2007 and October 22, 2007, Ingersoll Rand India Ltd has informed BSE that the sale of Utility Equipment, Attachments and Bobcat Business to Doosan International India Pvt Ltd for a consideration of Rs 1,031,000,000 has been completed on November 30, 2007.

Ckoramaandel Cements Board approves Bonus Issue

Ckoramaandel Cements Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 30, 2007, inter alia, has transacted the following:

1. Recommended to the Members for their approval, the issue of Bonus Shares in the ratio of 7 Bonus Shares for every 4 Shares held by the members, in the ensuing Annual General Meeting of the Company.

2. Approved to convene the Annual General Meeting of the Members of the Company to be held on December 31, 2007.

Polaris Software - Updates

Polaris Software Lab Ltd has informed BSE about the following:

"This has reference to Serial No 20 of Notes to the Accounts of the Company for the year ended March 31, 2007.

The said Case was there in a USA Court for trial on November 26, 2007.

On the said day, the Plaintiffs agreed to withdraw all their claims on a payment of
US$ 6,00,000 (US Dollars Six hundred thousand only) to which Polaris agreed and there after Judge Pisano did not hold trial. The Judge further announced that the case is dismissed for ever, in view of the settlement claims.

The Attorney of both parties have been directed to settle the terms of the payment and other modus operandi. Therefore, the case has ended in a compromise mode on November 26, 2007."

Dhanus Technologies - Updates

Dhanus Technologies Ltd has informed BSE that the Company has launched its product called "FLEETRAC", a Vehicle Tracking System on November 29, 2007. It is an advanced tracking service for remote monitoring and tracking of vehicles.

BWL - Updates

BWL Ltd has informed BSE that the major Plant & Machinery of Company's Optical Fibre Cable Division, situated at Shimla, Shoghi (H.P) has been disposed off for a consideration of EURO 3,00,000, Rupee equivalent 167,00,383 with the permission of the secured creditors.

The entire proceeds have directly been paid to the secured creditors of the Company for the repayment of one time settlement (OTS) of their dues.

ACC - Allotment of equity shares against exercise of ESOS

ACC Ltd has informed BSE that pursuant to the Resolutions passed by Circular dated November 26, 2007, by the Shareholders / Investors Grievance Committee of the Board:

11,697 shares were allotted against exercise of Employee Stock Options under various ESOS as under:

ESOS 2001 : 500 shares
ESOS 2003 : 1,600 shares
ESOS 2004 : 9,597 shares

Consequently, the paid up Share Capital of the Company has increased from 18,75,53,132 shares to 18,75,64,829 shares of Rs 10/- face value, as of date.

Indo Asian Fusegear - Updates

Indo Asian Fusegear Ltd has informed BSE that the Company has promoted a subsidiary Company to venture into Cables & Wires manufacturing business. For this purpose, the subsidiary Company has already purchased the land for the project. The estimated project cost will be approximately Rs 100 crores to be invested in phases.

Shree Renuka Board recommends dividend

Shree Renuka Sugars Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 30, 2007, inter alia, has recommended a final dividend of 20% (i.e. Rs 2 per share), on the equity shares of the Company for the year ended September 30, 2007.

GE Shipping - Press Release

Great Eastern Shipping Company Ltd (GE Shipping) has informed BSE that Greatship Global Offshore Services Pte. Ltd., the wholly owned subsidiary of Greatship (India) Ltd, has announced upgradation of the two Multi Purpose Platform Supply & Support Vessels ordered on Mazgaon Dock Ltd to Multi Support Vessels (MSVs).

Greatship (India) Ltd is a wholly owned subsidiary of the Company.

In this regard the following press release as follows:

Greatship Global Offshore Services Pte. Ltd., the wholly owned subsidiary of Greatship (India) Ltd (GIL), has announced the upgradation of the two vessels ordered on Mazagon Dock Ltd to Multi Support Vessels (MSVs). As previously announced, the Company had contracted two Multi Purpose Platform Supply & Support Vessels (MT6012 design) to be delivered in the third and fourth quarters of 2009-10. These vessels were designed for operating in deep waters (1000 - 3500 metres water depth), supplying and supporting complex exploration and production operations far away from shore.

Now, these vessels have been upgraded to MT6012 Mark II design. Each will be equipped with a 100 Ton active heave compensation offshore crane, a helideck, increased accommodation (100 pax), a moonpool (for diving and ROV services) and be prepared for FiFi 1 & 2. With these enhancements, the vessels will become part of an exclusive and limited global fleet of MSVs capable of multiple operations and outputs.

This upgradation has been done with the objective of tapping the burgeoning sub-sea construction markets, both globally as well as in India. MSVs play a critical role in new construction and in maintenance of various offshore assets and equipment, and will see increasing demand as the world moves further offshore (into deeper and distant waters) in search of new reserves of oil and gas.

GIL currently own and operate three PSVs, two in India and one in the North Sea. GIL, along with its subsidiaries, also has an order book of sixteen vessels and one rig under construction - two PSVs in Norway, four AHTSVs in Sri Lanka, four AHTSVs and four MPSVs in Singapore, these two MSVs in India and a premium 350' jack up rig in Singapore.

Satyam Computer - Conversion of Stock Options

Satyam Computer Services Ltd has informed BSE that the Compensation committee of Directors of the Company allotted 13,677 equity shares through circular resolution on November 29, 2007, approved on November 30, 2007 under stock option plans of the Company.

Consequent to the above allotment, the paid up share capital of the Company has gone up from 669,269,426 equity shares of Rs 2/- each aggregating Rs 1,338,538,852.00 to 669,283,103 equity shares of Rs 2/- each aggregating Rs 1,338,566,206.00.

Thomas Cook - Updates

Thomas Cook India Ltd has informed BSE that the Company have been informed by Dubai Financial Group LLC that they have filed a letter with the Securities and Exchange Board of India (SEBI), under Regulation 10 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 1997, seeking suitable directions from SEBI in the matter of Internal Restructuring of their parent Companies.

MRF - Updates

MRF Ltd has informed BSE that the Management has declared a token lock out for one day from 7 A.M. on November 30, 2007 to 7 A.M. on December 01, 2007 at the Company's Manufacturing Plant at Tiruvottiyur situated at Tiruvottiyur High Road, Chennai, Tamil Nadu.

Further the Company has informed that, the Company's other plants at Arakkonam in Tamil Nadu, Eripakkam Village in Puducherry, Kottayam in Kerala, Medak in Andhra Pradesh and at Usgao in Goa are producing tyres as per the Company's production schedule.

Omaxe - Memorandum of Understanding (MOU) for facilitating the Setting up of SEZ

Omaxe Ltd has informed BSE about the following:

1. The Company has, on the occasion of Resurgent Rajasthan Partnership Summit held on November 30, 2007 at Jaipur, has entered into Memorandum of Understanding with State of Rajasthan for facilitating the setting up of "Multi Product Special Economic Zone" at District Alwar Rajasthan.

The proposed SEZ is, over 5000 hectares (12500 acres approx) of land in Dist Alwar, Rajasthan, to be set up over a estimated period of 5 years and is expected to generate direct and indirect employment for approximately 6 Lac people in the State of Rajasthan.

Further it may be noted that the Department of Commerce, Ministry of Commerce and Industry Government of India has accorded 'in Principle approval' to the Company for setting up of the above said Project.

2. Further Company has informed that, the Company has promoted a wholly owned subsidiary by the name of Omaxe Rajasthan SEZ Developers Ltd by making an investment of Rs 5,00,000/-
(Rupees Five Lacs).

Parle Software Board recommends Bonus Issue

Parle Software Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 30, 2007, inter alia, has considered and approved the following:

1. Recommended Issue of Bonus Shares in the ratio of 3:1 (THREE Equity Shares of Rs 10/- each fully paid up for every ONE Equity Shares of Rs 10/- each held in the Company). The record date for issue of bonus shares shall be decided after obtaining consent of the members of the Company.

2. Notice convening the Extra Ordinary General Meeting.

Carborundum Universal - Updates

Carborundum Universal Ltd has informed BSE that the Company had commissioned in December 2006 a state-of-the-art Coated Abrasives manufacturing facility at Sriperumbudur near Chennai. Following this, the manufacturing operations of the Coated Abrasives plant at Pallikaranai near Chennai was discontinued subsequently and the plant was closed this month. The Company has now disposed off the land and building at Pallikaranai for a consideration of about Rs 58 crores.

TVS Electronics clarifies on news item

With reference to the news item appearing in a leading financial daily regarding sale of 6.18 acres of land at Nandambakkam, Chennai by TVS Electronics Ltd, in this connection TVS Electronics Ltd has informed BSE that the said property does not belong to TVS Electronics Ltd.

Gateway Distriparks - Updates

Gateway Distriparks Ltd has informed BSE that Capt. Christopher Verma has stepped down as Chief Executive Officer (CEO) of the Company with immediate effect, to pursue his own interests.

Under the Company's management structure, each operating unit has its own management team with the CEO overseeing and co-ordinating the work of these teams. This supervisory function wilt now be taken over by Mr. Prem Kishan Gupta, Dy. Chairman & Managing Director of the Company.

Moser Baer to set up India's largest grid connected Solar farm in Rajasthan

Moser Baer India Ltd has informed BSE that Moser Baer Photo Voltaic (MBPV), a wholly owned subsidiary of the Company on November 30, 2007 announced that it has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan for setting up of a large Solar Power Project in the State with an estimated generation capacity of 1 - 5 MW. The project will be the largest grid-connected solar farm in India and entail an investment of around USD 25 million (Rs 100 crores) at USD 4.5 million per MW. The MoU was signed on November 30, 2007 at the 'Resurgent Rajasthan' summit at Jaipur between MBPV and Rajasthan Renewable Energy Corporation (RREC).

The SAARC region has large demand supply imbalances in energy generation capacities, with an increasing need to explore alternate and efficient energy sources. This offers a significant potential to Solar Photo Voltaic as an efficient energy option in the region. "MBPV aims to redefine the paradigms of solar power generation through its world class manufacturing and multi technology capabilities and demonstrate a commercially viable, grid-connected PV energy system in India through this project," said Ravi Khanna, CEO of MBPV. "This project is a pioneering initiative in that direction and we believe that the SAARC region provides huge opportunity for such large sized projects." he added.

Moser Baer is also evaluating various options for setting up large sized solar farms across the SAARC region with strategic tie ups with some of the leading global Solar PV Companies and clean energy funds.

Moser Baer Photo Voltaic plans to emerge as a leading technology driven PV equipment manufacturer in the world by implementing a capacity of 500 MW by FY10 through a mix of technologies in the crystalline silicon, concentrator and thin film domain.

The Company's photovoltalc equipment manufacturing capacities for crystalline silicon, concentrator and thin film technologies are coming up in an SEZ in Greater Noida.

Power sector in Rajasthan

Rajasthan is on course to become self sufficient in power by 2008. Besides setting up new power projects in the state sector, the government is also promoting private investment in power generation. The state already has an installed capacity of 5,500 MW of power and will add 4500 MW by 2011-12 through state sector projects of 1500 MW, private sector projects of 1500 MW and central sector projects of 1500 MW. Over 520 MW of non-conventional power is already being generated by private units in the State.

Fedders Lloyd fixes Book Closure for Dividend & AGM

Fedders Lloyd Corporation Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 27, 2007 to December 29, 2007 (both days inclusive) for the purpose of payment of dividend & 51st Annual General Meeting (AGM) of the Company to be held on December 29, 2007.

Alchemist fixes Book Closure for Dividend & AGM

Alchemist Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 24, 2007 to December 27, 2007 (both days inclusive) for the purpose of payment of dividend & 18th Annual General Meeting (AGM) of the Company to be held on December 27, 2007.

Siemens Medical Board recommends dividend

Siemens Medical Solutions Diagnostics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 29, 2007, inter alia, has recommended a dividend of Rs 6.00 Per Equity Share (@ 60%) for the nine months period ended September 30, 2007.

JSW Steel equity & preference shareholders to approve Scheme of Amalgamation

JSW Steel Ltd has informed BSE that pursuant to the Order made by the High Court of Judicature at Bombay, separate meeting of the equity shareholders & preference shareholders of the Company will be held on December 28, 2007, for the purpose of considering and if though fit, approving with or without modification(s), the arrangement embodied in the Scheme of Amalgamation of Southern Iron & Steel Company Ltd with the Company.

Further the Company has informed that, an Extra Ordinary General Meeting (EGM) of the equity shareholders of the Company will be held on December 28, 2007, or soon after the Court Convened Meeting of the equity shareholders, whichever is later.

Reliance Communications - Limited Review for the quarter ended Sep 30, 2007

Reliance Communications Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"Attention is drawn to note 7 (iii) to the financial results, with effect from April 01,
2007, the Company has reclassified the liability towards foreign currency convertible bonds ('FCCB') from monetary to non-monetary liability on the basis that given the current trend of earnings and movement of the Company's share prices over a period of redemption of the aforesaid bonds, it is expected that the bond holders would opt for conversion into shares of the Company and not redeem them for cash. Accordingly the liability towards FCCB has not been revalued at the period end exchange rate."

Aksh Optifibre Board recommends dividend

Aksh Optifibre Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 24, 2007, inter alia, has proposed dividend @ 10% on 4,29,62,324 equity shares of Rs 5 each i.e. Rs 0.50 per share aggregating to Rs 251.32 lacs including corporate dividend tax.

Sanguine Media Board to consider rights issue

Sanguine Media Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 07, 2007, inter alia, to consider the following:

1. Issue of rights shares to the equity shareholders of the Company.

2. Appointment / Resignation of Director.

Nirma - Updates

With reference to the earlier accouchement dated November 27, 2007 regarding for the acquisition of U.S. based Company, Nirma Ltd has informed BSE that the Company has incorporated Karnavati Holdings Inc, in Delaware, U.S.A., a Wholly Owned Subsidiary (WOS) of the Company.

Centrum Capital Board recommends dividend

Centrum Capital Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 29, 2007, inter alia, has recommended to pay dividend to the equity shareholders of the Company at the rate of Rs 1/- per share at the Annual General Meeting which is decided to be held on December 31, 2007 of the Company.

Moschip Semiconductor - Grant of Stock Options

Moschip Semiconductor Technology Ltd has informed BSE that the Compensation Committee of the Company by passing resolution by circulation on November 26, 2007 has granted, in aggregate 626,000 (Six Lakh Twenty Six Thousand Only) stock options to the eligible employees of the Company under the MosChip Stock Option Plan 2001, 2002 and 2004, at a price of Rs 24.40 per option (Closing Price as on November 23, 2007 at BSE).

Bombay Dyeing - Outcome of Board Meeting

Bombay Dyeing & Manufacturing Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 29, 2007, has allotted 660 shares of the face value of Rs 10 each as fully paid up to Mr. Dipchand L Taswala, on exercise of the rights attached to 1st and 2nd detachable warrants forming part of the Rights Issue made in 1993 as fully paid-up ranking pari passu with the existing Equity Shares of the Company in all respects.

Kirloskar Electric - Updates

With reference to earlier announcement dated November 28, 2007, Kirloskar Electric Company Ltd has informed BSE that the Kirloskar Power Equipments Ltd whose operating business is proposed to be demerged into the Company, is engaged in the business of manufacturing and selling of Cast Resin Dry Type Transformers and Oil Filled Transformers. Their turnover for the year ended March 31, 2007 was Rs 112.25 crores and profit after tax was Rs 12.59 crores. The corresponding figures for the previous year are Rs 69.81 crores & Rs 3.52 crores. Their paid up capital is 35,00,000 equity shares of Rs 10/- each.

The Total no of share that will be issued consequent to issue of shares to be shareholders of Kirloskar Power Equipments Ltd & Kaytee Switchgear Ltd will be 1,72,52,550 shares of Rs 10/- each.

A Trust will hold the share to be issued in respect of the shares held by the Company in the above two companies.

Lanco Infratech - Updates

Lanco Infratech Ltd has informed BSE that the Company has received Letter of Acceptance (LOA) for Procurement of Civil Works Chabi-Shahpura-Umaria Road Project in the State of Madhya Pradesh from Madhya Pradesh Road Development Corporation Ltd, Bhopal, for a total Contract Value of Rs 101.03 Crores.

Rama Newsprint - Limited Review for the quarter ended Sep 30, 2007

Rama Newsprint & Papers Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"Non provision of Deferred Tax liabilities which is the Company would provide at the year end, as mentioned in Note No. 2".

Sathavahana Ispat - Limited Review for the quarter ended Sep 30, 2007

Sathavahana Ispat Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"Non provision of current tax and deferred tax for the period ended September 30, 2007 and consequential adjustments from out of the Profit for the period as provided in Accounting Standard 22 i.e., 'Accounting for Taxes on Income' issued by the Institute of Chartered Accountants of India."

Geometric Software - New version of DFM Pro 2008 available from Geometric

Geometric Software Solutions Company Ltd on November 29, 2007 announced the release of Service Pack 1 of DFMPro 2008 on SolidWorks platform, which focuses on report generation functionality and 64-bit platform support.

DFMPro now generates reports that include:

- Tabular summary of results

- Parametric information (expected vs actual) about failure instances

- Grouped image snapshots of failures based on failure type

- CAD independent, browser viewable reports

- Customizable style sheets for formatting reports

- Report data in XML format for easy integration with other enterprise systems

DFMPro 2008 on SolidWorks has been enhanced to support 64-bit Windows XP OS in order to leverage better processing power and larger computing memory.

DFMPro is a revolutionary "Design For Manufacturability" productivity tool for industrial designers. It facilitates upstream manufacturability validation and identification of areas in design that are difficult, expensive, and impossible to manufacture. DFMPro includes advanced design rules for manufacturing processes such as milling, drilling, turning, and sheet-metal fabrication. It also contains rules to process manufacturing tolerances specified using SolidWorks Intelligent Feature Technology. Tightly integrated with SolidWorks, DFMPro is an add-in that allows designers to perform complete design checks and analysis for manufacturability, all within SolidWorks sessions.

UB Engineering - Limited Review for the quarter ended Sep 30, 2007

UB Engineering Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"1. With respect to observations in the audited accounts for the year ended March 31, 2007, on going concern basis aspect, on Income Tax Demands under appeal aggregating to Rs 110 Lakhs, recoverability of other Sundry Debtors amounting to Rs 819.58 Lakhs, the loss that may arise for assets located at Kochi site and pending reconciliation of Provident Fund account. The management has replied that there are no significant developments during the Quarter and Half year ended September 30, 2007.

As regards demand for Income Tax referred to therein, the same is still under appeal.

2. The Company has accumulated loss which gives rise to deferred tax asset. As a policy, the Company recognizes such asset only in its Annual Accounts in accordance with the Accounting Standard 22. No amount of such asset is, therefore, recognized for the said Quarter and Half year ended September 30, 2007."

IOC - Limited Review for the quarter ended Sep 30, 2007

Indian Oil Corporation Ltd (IOC) has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"The Auditors have relied on the Management's representation that :

The Company shall be receiving Special Oil Bonds from Government of India aggregating to Rs 6362.25 crore for the period April-September 2007 as per the advice from Ministry of Petroleum & Natural Gas. Pending actual issuance of Bonds, the Company has accounted for the same as grants. (Refer note no 4 of the published results.)".

GMR Infrastructure - GMR's Vemagiri Power Plant gears up for January 08 operations

GMR Infrastructure Ltd has announced that the GMR Group's Vemagiri power plant situated at Rajahmundry in Andhra Pradesh will start generating power from January 2008 onwards, initially for a period of four months. This follows the State government's assurance to provide 1.12 - 1.15 million cu.m. of natural gas per day from GAIL India Ltd.

GMR's 388.5 MW Vemagiri plant, which was commissioned in November 2006, operates on the combined cycle technology, and uses natural gas as fuel. It is one of the most cost-effective Independent Power Producers (IPPs) in the country. Under the Power Purchase Agreement, Vemagiri Power Generation Ltd has to supply power to APTRANSCO for a period of 23 years.

Mr. Raajkkumar, CEO of the GMR's Energy Sector, confirmed that, "The Andhra Pradesh government has conveyed its willingness to supply gas to our Vemagiri project from January, 2008. The plant has not been operational for about a year now, due to the non-availability of fuel. This is a very positive development and a win-win situation for both, the people of Andhra Pradesh as well as our Company."

The Vemagiri power plant is the largest amongst the three operational plants of GMR Energy.

The other power projects of the Company are:

Operational

• 20O MW Low Sulphur Heavy Stock (LSHS) - fired power plant in Chennai which commenced commercial operations in 1999

• 220 MW Naphtha - fired power plant in Mangalore which commenced commercial operations in 2001

Under Development:

• 140 MW hydroelectric power plant on the river Alaknanda in Uttaranchal

• 1050 MW Coal based power plant in Angul / Dhenkanal districts at Orissa

• 160 MW Hydroelectric power project in Tallong district of Arunachal Pradesh

• 1000 MW coal based Thermal power project in Chattisgarh

• 180 MW project on River Ravi in Chamba District of Himachal Pradesh.

Subex Azure - Press Release

Subex Azure Ltd on November 29, 2007 announced the global launch of its Data Integrity Management (DIM) Practice. The new DIM Practice offerings combine best-practice consulting services with the industry's leading data integrity product, Syndesis TrueSource. It enables communications service providers to achieve low-risk operations transformations, adopt lean operating principles, derive more value from BSS / OSS resources, prevent revenue leakage, and improve fulfillment assurance and billing performance.

Data integrity management refers to the management of the accuracy, quality and consistency of data that drives operational processes in service providers. Inaccurate data is the leading cause of service provisioning errors, revenue leakage, extended service outages and poor process automation. Subex Azure pioneered the product space to address these problems and today is the worldwide leader in DIM deployments. The TrueSource solution is part of the industry’s most significant operational transformations in Tier 1, 2 and 3 service providers. The solution has been selected to ensure the accurate inventory tracking of more than $25 billion in network assets across the globe.

Building on knowledge garnered over six years of successful data integrity projects, Subex Azure is now introducing DIM Practice offerings, consulting services which share insights and best practices for data integrity problem diagnosis, correction and prevention. Subex Azure has found that data integrity management is a cornerstone of all successful OSS transformations and lean operations. Further, DIM is a foundation for establishing a Revenue Operations Center (ROC), an integrated framework for monitoring and managing the impact of service provider operations on profit.

"Every day it becomes more evident that accurate data and good data integrity practices are absolutely vital to service providers grappling with increasingly complex sets of network and service delivery requirements," said Mark Nicholson, Chief Technology Officer, Subex Azure. "Service providers need and want to have clean data that ensures the success of high-value OSS processes - from service activation and assurance all the way through to billing. Subex Azure’s vision for the integrated ROC hinges on data integrity management and this blended offering strengthens our commitment and passion to deliver on that promise."

Through the DIM Practice, Subex Azure experts will work directly with system integrators and internal IT staffs to incorporate data integrity management best practices into broader process-engineering and operations transformation projects. The offerings include:

Data Integrity Process Analysis: assessing current data integrity processes and identifying problem areas

Data Integrity Diagnosis: determining data quality levels and tracing the impacts of data integrity problems on fulfillment, assurance and billing

Data Integrity Deployment Planning: formulating comprehensive data integrity strategies and processes to institutionalize data integrity management for long-term business benefits

Data Integrity Results Assessment: measuring the results of data integrity management projects and implementing continuous improvement strategies

Data integrity issues will be the focus of a Webinar presented by Subex Azure in conjunction with the TeleManagement Forum and a leading service provider on December 06, 2007.

Xpro India - Limited Review for the quarter ended Sep 30, 2007

Xpro India Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following
observations :

"Attention is invited to Note No. 3 & 4 of accompanying statement of unaudited financial results which state that the provision of liability for Gratuity & Leave for the quarter has been based on the most recent actuarial valuation. The impact, if any, of revised Accounting Standard 15 will be appropriately dealt with at the year end and Provision for income tax, deferred tax & fringe benefit tax, if any, shall be made at the year-end (amount not ascertained) respectively."

Zenotech Laboratories - Limited Review for the quarter ended Sep 30, 2007

Zenotech Laboratories Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"Attention is invited to. Note 4 given in the 'Statement' regarding recognition of Deferred Tax Asset of Rs 893.03 lakhs on carried forward business losses and unabsorbed depreciation as on March 31, 2007 which in the auditors opinion, is not in accordance with the requirements of Accounting Standard 22 on 'Accounting for Taxes on Income' issued by the Institute of Chartered Accountants of India."

BPCL- Outcome of Board Meeting

Bharat Petroleum Corporation Ltd (BPCL) has informed BSE that the Board of Directors of the Company at its meeting held on November 29, 2007, has approved a proposal for acquisition of 53,50,110 equity shares of Oil India Ltd (OIL) which is 2.50% of OILs pre-issued paid up capital from Govt of India at a price equivalent to the Issue Price of the equity shares that are proposed to be offered by OIL to the public in accordance with the Book Building method.

The sale and purchase shall be completed within forty eight hours after the Issue Price is determined through the Book Building method and approved by the Board of directors of OIL. The Closing shall be completed prior to Allotment of the equity shares to the public through the initial public offering.

Videocon Appliances - Updates

Videocon Appliances Ltd has informed BSE that the scheme of amalgamation of M/s. Ranjangaon Industries Pvt Ltd (the Transferor Company) with Videocon Appliances Ltd (the Transferee Company) has become effective on October 31, 2007 and that the Company has fixed November 30, 2007 as Record Date for determining the Equity Shareholders of the erstwhile Ranjangaon Industries Pvt Ltd who are entitled for allotment of Equity Shares of Videocon Appliances Ltd, pursuant to the Scheme of Amalgamation as sanctioned by the Hon'ble High Court of Judicature at Bombay.

In this connection, the Company has further informed that the said record date is for determining shareholders of Ranjangaon Industries Pvt Ltd and not that of Videocon Appliances Ltd.

Nicholas Piramal Equity & Preference Shareholders approve Scheme of Arrangement

Nicholas Piramal India Ltd pursuant to the meeting of the Equity Shareholders and Series II Preference Shareholders of the Company at its court convened meeting held on November 23, 2007, have approved the Composite Scheme of Arrangement between the Company and NPIL Research & Development Ltd, by overwhelming requisite majority.

Fedders Lloyd - Updates

Fedders Lloyd Corporation Ltd has informed BSE that, as a step towards capturing significant market share in the ever growing and highly potential consumer durables market, the Company plans to enter into a distributorship agreement with a leading international electronic Company for the sale of consumer electronics through its strong distribution network.

Bharti Airtel & Western Union to pilot Mobile Money Transfer Service in India

Bharti Airtel Ltd has announced that in a first-of-its kind agreement, Bharti Airtel and Western Union have decided to jointly develop and pilot a Mobile Money Transfer service in India. This pioneering agreement will usher in the possibility of sending money to India via the mobile phone. Western Union agents presently provide cash remittance services in India. The mobile money transfer service is subject to regulatory approval.

According to The World Bank, the number of immigrants globally is in the region of 200 million - approximately 3% of the world's population. The World Bank also identifies India as the number one remittance recipient market. Statistics from RBI (Reserve Bank of India) suggest that the inward annual remittance into India stood at over $26 billion for the financial year 2006 - 2007, accounting for 10% of global inward remittance market, which stands at $260 billion.

"We are delighted to work with Western Union in this path-breaking initiative and be at the forefront of enabling international remittance over the mobile for our 50 million mobile phone customers in India. This will help us move remittances via the mobile in a fast and convenient way, supporting low value transactions," said Mr. Gopal Vittal, Director Marketing & Communications, Bharti Airtel Ltd.

Bharti Airtel has an extensive footprint across India and Western Union, together with its affiliates Orlandi Valuta and Vigo, has more than 320,000 agent locations in more than 200 countries and territories. In India, Western Union operates through 45,000 agent locations, including 8,500 post offices and more than 14,000 bank branches across 5000 towns and cities. This programme will enable Indians living abroad to send remittances to their dependents in India in an easy and convenient fashion through the vast networks of both the Companies.

The reach and accessibility of mobile networks in developing economies create new opportunities to extend the benefits of financial services to many families for the first time. Mobile networks now cover the majority of the world's population. Applications that allow a mobile subscriber to view and manage funds on their handset are emerging in select countries as foundation for phone-based financial services.

The relationship with Bharti Airtel developed follows a landmark agreement between Western Union and the GSM Association (GSMA), a global trade association representing over 700 GSM mobile phone operators, to facilitate the development of cross-border mobile money transfer services. Bharti Airtel chairs the GSM Association's Mobile Money Transfer steering committee, a group of 35 mobile network operators committed to development, trials and commercialization of mobile remittance services.

ASM Technologies acquires Enterprise Software Resources (ESR)

ASM Technologies Ltd has informed BSE that the Company through its wholly owned subsidiary in Singapore has acquired a US based firm.

In this regard the Company has issued the following Press Release:

ASM Technologies Ltd has announced that it has signed a definitive agreement to acquire 100% of Enterprise Software Resources a US based firm in an all cash deal. This acquisition is through ASM's wholly owned subsidiary in Singapore, Advanced Synergic Pte Ltd. and financed by Indian Bank, Singapore.

ESR has been in the business for the last 10 years assisting large corporations and Fortune 500 Companies with Enterprise Applications. ESR's experience with Enterprise Applications is based on successful implementations at several Companies. Some of ESR's clients include Owens Corning, National Gypsum, Atrium Windows, AGA Gas, DTE Energy, Therma Tru, Pacific Coast, Owens Illinois, Vera Bradley and many others.

The principals of ESR come with a strong ERP background and the business model of ESR is focused on providing value by focusing on the strategy of the business and tailoring the offering in line with what is required to help the customer with strategic direction.

ESR's relationships are built on the principle of adding strategic value. The relationships are with the C-level executives and Board Members to ensure the decision-makers are engaged in the process. The relationships are as a result of networks developed at Owen Corning and IBM and these relationships have proved to be very valuable in securing business and long term customers.

John Seitz, Founder of ESR is a well known expert in the SAP world. He has held many senior management positions at Owens Corning and was the past president of SAP User Group (10,000 users) and a keynote speaker in many international conferences including ASUG.

"ESR with their high end consulting is a strategic fit for ASM. We are very fortunate to have an expert like John Seitz join us and look forward to growing our SAP practice under his guidance leadership" said Rabindra Srikantan, Managing Director, ASM Technologies.

Shah Alloys - Clarification on Dividend

With reference to the earlier announcement regarding Outcome of AGM, Shah Alloys Ltd has informed BSE that at the said Annual General Meeting (AGM) held on September 24, 2007, the members did not approve the decision of payment of dividend for the year "2006-07" as proposed by the Board, in view of the losses suffered by the Company during the current financial year "2007-08".

Suryachakra Power - Outcome of Board Meeting

Suryachakra Power Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 29, 2007, inter alia, has decided / approved the following proposals, subject to the approval of the shareholders in the General Meeting:

1. The Board accorded its consent to the Company / management for finalizing the modalities to raise funds up to US $ 100 Million, for the purpose of funding of New Joint Venture Projects, for meeting cost of acquisition and for other purposes through issue of FCCBs / GDR / ADR / Private placement of Equity.

2. Approved variation in the utilization of part proceeds of IPO, the approval of the Company in general meeting and consent / approval of Securities and Exchange Board of India (SEBI) or any other statutory authorities, which may be required, wherein an amount of Rs 10 Crores being the balance amount or any part thereof, which is yet to be invested in the Power Trading business, if not required to be invested in the Power Trading business, be and is hereby reallocated for use for investment in other Power Projects being executed / to be executed by the Company or through its Subsidiaries in Power Sector and general corporate purposes.

3. To increase the borrowing limits by the Company up to Rs 750 Crores only.

4. The Board accorded its consent to the Company / management for finalizing the modalities for the issue of Warrants convertible into equity shares to the Promoter / Promoter group on Preferential allotment basis subject to SEBI Guidelines and applicable regulations.

Reliance Industries - Media Release

Reliance Industries Ltd (RIL) has announced that with reference to media reports "Ambani brothers may bury the hatchet on RNRL dispute," RIL strongly denies that there is any plan, or any talks with ADAG for acquiring RNRL.

Alchemist Board recommends final dividend

Alchemist Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 29, 2007, inter alia, have transacted the following:

1. The Board has recommended final dividend for the year 2006-2007 @ 25 % i.e. Rs 2.50 per equity share of face value of Rs 10/- each.

2. Recommended to the 18th Annual General Meeting:-

a. Re-appointment of Mr. Ravinder Singh and Mr. Asoke Kumar Chatterjee, as Directors retiring by rotation.

b. Re-appointment of M/s. N Kumar Chhabra & Co., Chartered Accountants, as statutory auditors for the financial year 2007-2008.

c. Increase in borrowing powers of the Board of Directors.

Further the Company has informed that, the 18th Annual General Meeting of the Company will be held on December 27, 2007.

HCL Infosystems - Allotment of equity shares under ESOS

HCL Infosystems Ltd has informed BSE that the Committee of Directors (Share Allotment) on November 29, 2007 has allotted 47220 Equity Shares of Rs 2/- each (at a premium of Rs 105.63, Rs 118.79 and Rs 149.23 per option) to the employees on exercise of their stock options under 'HCL Infosystems Ltd - Employee Stock Option Scheme.

Jindal Steel - Limited Review for the quarter ended Sep 30, 2007

Jindal Steel & Power Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"Not accounting for exchange differences on foreign currency loans borrowed for acquisition of fixed assets, which is at variance to the accounting treatment prescribed in Accounting Standard As-11 'Effects of Changes in Foreign Exchange Rates' notified in the Companies (Accounting Standards) Rules, 2006, of Rs 20 Crores being loss (net) and Rs 60 Crores being profit (net) for the quarter and half year ending September 30, 2007, having its impact on profit before tax and consequential impact on tax expense, profit after tax and earning per share disclosed in the above results, the management been advised that considering high volatility in foreign exchange market, the exchange differences may be considered temporary in nature, the management based on prudent basis of accounting considers the same to be accounted for at the year end".

Garware Offshore - Updates

Garware Offshore Services Ltd has informed BSE that the Company's subsidiary, Garware Offshore International Services Pte. Ltd (GOISPL), has signed a contract for the acquisition of one construction work barge for delivery in July, 2009.

Upon completion of formalities, the said barge, which will not be owned by GOISPL, will be bareboat chartered to it for a period of upto 10 years on delivery.

Devaki Hospital - Updates

Devaki Hospital Ltd has informed BSE that the change of name of the Company from "M/s. Devaki Hospital Ltd" to "M/s. Chennai Meenakshi Multispeciality Hospital Ltd" has been approved by the Government of India, Ministry of Corporate Affairs, Registrar of Companies, Tamil Nadu at Chennai, vide fresh Certificate of Incorporation issued by them.

DCM Shriram - Updates on Open Offer

HB Stockholdings Ltd (Acquirer) has informed BSE that HB Stockholdings Ltd in terms of Regulation 26 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 has revised the acquisition price in respect of the Public Offer made by it for acquisition of 35,00,000 fully paid Equity Shares of DCM Shriram Industries Ltd (Target Company) to Rs 120/- per share.

As required under the aforesaid Regulation 26 the company is making necessary announcement in the newspapers in which the original Public Announcement was made.

Sharon Bio-Medicine raises US$ 16.50 million 0% coupon FCCB

Sharon Bio-Medicine Ltd has informed BSE that Zero percent Foreign Currency Convertible Bonds (FCCB) of USD 16.5 mn raised by the Company on November 27, 2007. The FCCB shall be convertible at the option of the holders at a Rs 315/- per share which is 38% premium over floor price of Rs 228.04/- computed as per SEBI Guidelines within 5 years and 7 days from the date of allotment of the bonds.

In this regard the Company has issued the following Press release:

Sharon Bio-Medicine Ltd announces the successful issuance of US$ 16,500,000 zero coupon unsecured Foreign Currency Convertible Bonds. The Bonds have a maturity of 5 years and 7 days and are convertible at a price of Rs 315 which represents a premium of 38.13% over the SEBI floor price fixed at Rs 228.04.

Silverdale Services Ltd, London, was the sole Lead Manager for the offering and Fortune financial Service(India) Ltd. Mumbai was the Indian advisor to the issue.

Listing of Sharon's Securities is at Singapore Exchange Securities Trading Ltd.("SGX-ST). Sharon Bio Medicine Ltd is one of the leading Pharmaceutical Companies in India engaged in the business of manufacturing and marketing of Active Pharmaceutical ingredients (APIs) and API intermediates for the cardiovascular, anti-fungal, anti-diabetic and anti-hypertension therapeutic etc. segments. Sharon is also one of the leading Contract Research and Manufacturing (CRAMS) pharmaceutical Companies and have put an US FDA standards plant for Formulation in Dehradoon, Uttarakhand. The Company has fully integrated manufacturing facilities for over 20 APIs and 35 chemical intermediaries and a wide spectrum of finished formulations.

Sharon has also bought Land and Building at two places in Taloja, near New Mumbai where Sharon is putting Anti Cancer and Active Pharmaceutical ingredients plants of US FDA standards.

The Company is the largest manufacturer of APIs for the cardiovascular segment (Trimetazidine) and has a market share of 70%. It enjoys a dominant market share of over 50% in 7 of its products.

Sharon Bio-Medicine exports its products to over 30 countries.

Ms. Savita Gowda, Managing Director of Sharon Bio-Medicine Ltd said: "This issuance affirms the confidence of global investors in the strength of our Integrated based business model. They have appreciated the intrinsic cost advantages and superlative growth trajectory of our Company."

HB Stockholdings - Updates on Open offer to the shareholders of DCM Shriram Industries

HB Stockholdings Ltd has informed BSE that the company in terms of Regulation 26 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 has revised the acquisition price in respect of the Public Offer made by it for acquisition of 35,00,000 fully paid Equity Shares of DCM Shriram Industries Ltd (Target Company) to Rs 120/- per share.

As required under the aforesaid Regulation 26 the company is making necessary announcement in the newspapers in which the original Public Announcement was made.

Solix Technologies - Press Release

Solix Technologies Ltd has informed BSE that Solix Technologies Inc., a subsidiary of the Company on November 29, 2007, announced the gloPlug Appliance, the industry's first plug-and-play solution for cloning data from Oracle E-Business Suite. The gloPlug Appliance is embedded with modules from the Solix Enterprise Data Management Suite (Solix EDMS) for Oracle E-Business Suite with NetApp ReplicatorX and FlexClone software and NetApp Storage to deliver data management-in-a-box.

By incorporating Solix EDMS with NetApp ReplicatorX, FlexClone and NetApp storage on the pre-configured gloPlug Appliance, enterprise customers can quickly and easily clone production data, mask critical business, and reduce storage footprint.

"The gloPlug Appliance is a breakthrough for database administrators," said Shekhar Dasgupta, president and chief operating officer, Solix Technologies. "DBAs will now be able to implement a self-contained, Oracle E-Business cloning solution, which will allow them to quickly and effortlessly clone production databases for Test and Development.

Acrysil - Outcome of EGM

Acrysil Ltd has informed BSE that Extra Ordinary General Meeting (EGM) of the Company was held on November 27, 2007, to consider issue of 4,00,000 warrants to Promoters on Preferential basis with an option to convertible into Equity Shares. The both resolutions mentioned in the Notice were passed unanimously, approving the above allotment.

Maxwell Industries fixes Book Closure for final dividend & AGM

Maxwell Industries Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 21, 2007 to December 28, 2007 (both days inclusive) for the purpose of payment of final dividend & Annual General Meeting (AGM) of the Company to be held on December 28, 2007.

C & C Constructions fixes Book Closure for Dividend & AGM

C & C Constructions Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 22, 2007 to December 27, 2007 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the Company to be held on December 27, 2007.

Asian Oilfield - Outcome of Board Meeting

Asian Oilfield Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 28, 2007, inter alia, has accorded their approval for the following business:

1. To issue 15,00,000 Equity Shares & 12,00,000 Convertible Share Warrants at a price of Rs 190/- per Equity Share / Convertible Share Warrant on preferential basis to the Non-Promoters Strategic Investors, subject to the approval of Shareholders at the Extra Ordinary General Meeting scheduled to be held on December 26, 2007. Each warrant is carrying a right to subscribe to equal number of Equity Shares in the Company to be converted with in a period of 18 months in cash by way of Preferential Allotment in terms of Companies Act, 1956 and as per the Guidelines for Preferential Issue issued by SEBI under SEBI (DIP) Guidelines.

2. Increase in Authorised Share Capital of the Company from Rs 15,00,00,000/- (Rupees Fifteen Crores), divided into 1,50,00,000 (One Crore Fifty Lacs) Equity Shares of Rs 10/- (Rupees Ten) each to Rs 17,00,00,000/- (Rupees Seventeen Crores), divided into 1,70,00,000 (One Crore Seventy Lacs) Equity Shares of Rs 10/- each.

3. Convening an Extra Ordinary General Meeting of the Shareholders of the Company on December 26, 2007, to seek their approval for the aforesaid purposes.

4. Draft notice for convening of Extra Ordinary General Meeting of the Shareholders.

Videocon Appliances equity, preference shareholders & creditors approve scheme of amalgamation

Videocon Appliances Ltd has informed BSE that the Equity Shareholders, Preference Shareholders, Secured Creditors and Unsecured Creditors at their respective meetings held on July 27, 2007, have unanimously approved the scheme of amalgamation of M/s. Ranjangaon Industries Pvt Ltd (the Transferor Company) with the Company (Transferee Company).

The said meetings were chaired by Shri. Subhash S Dayama, Chairman appointed by the Hon'ble High Court, Bombay.

Cranes Software - Press Release

Cranes Software International Ltd has informed BSE that Fractal Analytics, a leading provider of predictive analytics and the Analytics Division of the Company, a global corporation offering scientific and engineering solutions have announced that they have partnered to develop Predicta, a Retail Risk Management Application for mortgages, credit cards, auto loans and personal loans. A joint IP Development Agreement has been agreed upon by Fractal and Cranes.

This partnership leverages Fractal's expertise and experience in the area of credit scoring and risk management and takes advantage of Cranes' Analytics Division's strengths in statistical software product development and distribution. The development team would be from Cranes Software and Fractal would bring in its domain expertise. Both parties would contribute IP to develop Predicta and the IP would be jointly owned on a revenue sharing arrangement.

Targeting the global market, Predicta would be primarily marketed by Cranes and Fractal and would look at leveraging the sales with its existing customers.

"Predicta is very relevant today, especially considering the requirements of BASEL II accord and the growing need for accurate assessment of credit risk and computing default probabilities. We are quite excited about partnering with Fractal who have a demonstrated leadership in this space", said Mohamed Asif, who heads the Banking and Financial Services Practice at the Analytics Division of Cranes Software International Ltd.

Himatsingka Seide - Allotment of equity shares on conversion of warrants

Himatsingka Seide Ltd has informed BSE that the Committee of the Board of Directors of the Company on November 28, 2007 has allotted 2,56,000 equity shares on conversion of warrants to the following entities belonging to the promoter group in the ratio of 1 (one) equity share for 1 (one) warrant converted. The warrants were converted into equity shares at a price of Rs 130/- per share.

a. Ajoy Kumar Himatsingka: 24,000 no of shares

b. Ajoy Kumar Himatsingka (HUF): 8,000 no of shares

c. Leela Devi Himatsingka: 17,000 no of shares

d. Aditya Himatsingka: 8,250 no of shares

e. Ranjana Himatsingka: 11,500 no of shares

f. Awdhan Trading Company Ltd: 8,000 no of shares

g. Dinesh Kumar Himatsingka: 43,000 no of shares

h. Dinesh Kumar Himatsingka (HUF): 21,000 no of shares

i. Rajshree Himatsingka: 34,500 no of shares

j. Shrikant Himatsingka: 17,250 no of shares

k. Orient Silk Pvt Ltd: 3,500 no of shares

l. Aditya Resources Ltd: 18,000 no of shares

m. Priya Resources Ltd: 18,000 no of shares

n. Credit Himatsingka Pvt Ltd: 24,000 no of shares

Post this conversion, there are 55,44,000 warrants outstanding.

The paid up capital of the Company stands at Rs 48,84,45,800/- comprising of 97689160 equity shares of Rs 5/- each.

Prime Focus - Updates

Prime Focus Ltd has informed BSE about the following:

"In furtherance of the earlier intimation made by the Company that the Prime Focus Group is in advanced negotiations with two unlisted entities in North America, the Prime Focus Group is close to reaching final agreement to acquire Post Logic Studios (with offices in Hollywood and New York) and Frantic Films (with offices in Los Angeles, Winnipeg and Vancouver) for a total consideration of USD 43 million, pending finalization of deal structure and applicable regulatory and statutory approvals.

These acquisitions will add to Prime Focus' global footprint, which currently entails six visual effects and post-production facilities across India and four facilities in London. The acquisition will also add rights over 55,000 square feet of prime real estate in the heart of Hollywood, and a talent pool of 200 new staff members.

The acquisition will give the Prime Focus Group access to the R&D division of Frantic Films, which develops and markets visual effects software solutions. Frantic Films has worked on top Hollywood films including Fantastic Four: The Rise of the Silver Surfer, Grindhouse, Superman Returns, X-Men 3, Poseidon, Mr. Miagorium's Wonder Emporium and Journey 3-D.

Prime Focus Group plans to continue operations of both Post Logic Studios and Frantic Films as independent facilities, providing both Companies access to a talent pool of over 400 visual effects artists worldwide."

Sowbhagya Exports - Updates

Sowbhagya Exports Ltd has informed BSE that the company has released the picture "MYSAMMA I.P.S" starring : Mumaith Khan, Prabhakar etc., directed by Bharath Parepally, on November 23, 2007 and it is well received by the audience, and this Movie Audio is biggest hit in the Audio world.

The Company is also producing another Movie titled "AADIVISHU" which is under production at present.

Shaw Wallace - Outcome of Board Meeting

Shaw Wallace & Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 28, 2007 has considered and approved the following proposal:

1. Merger of Shaw Wallace & Company Ltd (the Company) and Primo Distributors Pvt Ltd ('Primo') with United Spirits Ltd (USL)

a. The Appointed Date for the merger will be April 1, 2007.

b. In respect of merger of the Company, USL shall allot shares in the following ratio:

(i). 4 fully paid up equity share of Rs 10 each for every 17 equity shares of Rs 10 each held in the Company.

The share exchange ratio has been determined based on the recommendation of two independent Valuers viz,, M/s. Dalal & Shah, Chartered Accountants and Grant Thornton India Pvt Ltd.

The Scheme is subject to requisite consent, approval of the requisite majority of the shareholders, lenders, creditors of the companies, the Hon’ble High Courts of Bombay, Karnataka and Calcutta, the permission or approval of the Central Government or any other statutory or regulatory authorities, which by law may be necessary for the implementation of the Scheme.

Lok Housing - EGM on Dec 05, 2007

Lok Housing & Constructions Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the equity shareholders of the Company will be held on December 05, 2007, inter alia, to offer, issue & allot 7,62,200 equity shares of the Company, having a face value of Rs 10/- each at a price of Rs 196.80 (Rupees One Hundred Ninety Six & Eighty Paisa Only) per equity share on a preferential allotment basis for cash to Bennett Coleman & Co., Ltd, subject to necessary provisions & approvals.

Kalptaru Papers - Outcome of AGM

Kalptaru Papers Ltd has informed BSE that the members at the 19th Annual General Meeting (AGM) of the Company held on September 29, 2007, inter alia, have accorded the following:

1. Adoption of the Balance sheet as at March 31, 2007 alongwith profit and loss account for the year ended on that date and Directors Report and Auditors report thereon.

2. Declaration of final dividend @ 0.75 on Equity Shares of Rs 10/- fully paid up.

3. Re-appointment of Shri. Mitesh Shah as a Director of the Company, liable to retire by rotation.

4. Appointment of M/s. V S Agrawal & Co., Chartered Accountants, Delhi, as Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.

5. Re-appointment of Mr. Javed Anwar Hawa as Joint Managing Director of the Company for a period of 3 year with effect from June 01, 1998, on remuneration, terms & conditions.

6. Delisting of equity shares from The Delhi Stock Exchange Association Ltd and Jaipur Stock Exchange Ltd.

Visesh Infotecnics - Updates

Visesh Infotecnics Ltd has informed BSE that the Company is declared a winner in the "Deloitte Technology Fast 50 India 2007 program" a ranking of the 50 fastest growing Technology Companies in India. This was announced during the Deloitte Technology Fast 50 India 2007 ceremony held at Taj Mahal Hotel & Resorts, Mumbai on November 22, 2007.

Gujarat NRE - Allotment of equity shares upon conversion of FCCBs

Gujarat NRE Coke Ltd has informed BSE that the Committee of the Board of Directors of the Company at its meeting held on November 26, 2007, has issued and allotted 19,09,845 Equity Shares of Rs 10/- each at a premium of Rs 38.04 per share pursuant to Conversion Notice(s) received from the holder(s) of FCCBs.

Maharashtra Seamless - Limited Review for the quarter ended Sep 30, 2007

Maharashtra Seamless Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"Pursuant to the adoption of Accounting Standards as prescribed by Companies (Accounting Standards) Rules, 2006 issued by Ministry of Corporate Affairs vide notification No. G.S.R. 739 (E) dated December 07, 2006 and as required by Accounting Standard - 11 on "The Effect of Change in Foreign Exchange Rates", there is a notional loss of Rs 29.51 crores for the Half year ended as on September 30, 2007 due to exchange rate difference in the Foreign Currency Monetary Items, which has not been provide in the results declared for the second quarter and to be recognized at the end of accounting year."

Transworld Infotech Board to consider dividend

Transworld Infotech Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 05, 2007, inter alia, to consider the following businesses:

1. To consider and approve audited Financial Results for the year ended June 30, 2007 and to recommend dividend if any.

2. To fix up date of next Annual General Meeting for adoption of accounts and other business.

3. To consider issue of GDR / FCCBs or such other securities subject to passing of Special Resolution at the General Meeting of the Company.

4. To Consider commencement of new business stipulated in object clause in Part (III) (C) of the Memorandum of Association i.e. other objects.

5. To consider Increase in Authorised Capital of the Company.

6. To consider passing of Resolution to increase borrowing limits.

7. To consider passing of Resolution to mortgage and charge property of the Company.

Oxford Industries - Updates

Oxford Industries Ltd has informed BSE that the Audited Financial Results for the period ended September 30, 2007 (i.e. from April 01, 2006 to September 30, 2007) of the Company were placed before the Audit Committee in its meeting held on November 28, 2007. The Audit Committee observed that the Company has made a provision for impairment of assets located at its plant based on a management estimate in light of market information in possession of the management as per the guidelines provided by Accounting Standard 28 of ICAI. The Audit Committee after due discussions has recommended that although estimation based on information available with the management may be appropriate under the said Accounting Standard, it would be more appropriate to get an independent valuation done by a Third Party Valuer before any provision is made in the books of accounts.

The Board of Directors in its meeting held thereafter on November 28, 2007 considered the recommendation of the Audit Committee and after discussion have approved unanimously to approach an independent Valuer at the earliest for the above said purpose.

RPG Transmission - Limited Review for the quarter ended Sep 30, 2007

RPG Transmission Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"1. During the quarter, provision for interest recompense amounting Rs 1.60 crores has been included under interest and has not been disclosed as 'exceptional item' as required by clause 41 of the listing agreement although the same has been explained in note '4' of the accompanying statement."

Fedders Lloyd Board recommends dividend

Fedders Lloyd Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 28, 2007, inter alia, has recommended the dividend @ 10% of the paid-up capital of the Company subject to the approval of shareholders in the forthcoming Annual General Meeting of the Company.

Reliance Natural clarifies on news item

With reference to the news item appearing in a leading financial daily titled "Ambani brothers may bury the hatchet on RNRL dispute", Reliance Natural Resources Ltd has clarified to BSE that it is not the policy of the Company to comment on speculation and rumours, Developments, if any, which concern stake-holders of the Company, will be intimated in due course and at appropriate time.

IVRCL Infrastructures - Limited Review for the quarter ended Sep 30, 2007

IVRCL Infrastructures & Projects Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"Attention is invited to Note No. 4 forming part of the Unaudited Financial Results regarding the Company's claim for the benefits of Rs 874.90 Million which are in appeal and for which no provision has been made for reasons explained therein."

Wipro tops Global MAKE Award 2007

Wipro Ltd has informed BSE that Wipro Technologies, the global IT services business of the Company on November 27, 2007 announced that it has been recognized as a winner of the 2007 Global MAKE Award and was ranked first in the Information Technology sector in 'Creating an environment for collaborative knowledge sharing' and 'Creating a learning organization' categories, thereby delivering value based on customer knowledge MAKE stands for Most Admired Knowledge Enterprises and the awards were established in 1998. This is the second time that Wipro Technologies has been recognized as a Global MAKE winner.

The MAKE Winners are chosen by a panel of Fortune 500 business executives and leading knowledge management and intellectual capital experts after an initial short-listing based on nominations by the panel. The Global MAKE study recognizes organizations which are world leaders in creating shareholder wealth (or in the case of public and non-profit organizations, increasing societal capital) by transforming new as well as existing enterprise knowledge and intellectual capital into superior products / services / solutions. The awards are administered by Teleos, an independent knowledge management and intellectual capital research firm.

Wipro Technologies has also won the 2007 Asian MAKE Award, fifth time in a row, which was presented in a glittering ceremony in the World Knowledge Forum held at Seoul, South Korea on October 18th.

Expressing happiness at these recognitions for Wipro's knowledge initiatives at global, regional and national levels, Mr. Sambuddha Deb, Chief Quality Officer, Wipro Technologies said, "In a knowledge intensive business like IT, effective knowledge management is a significant business differentiator especially as we are diversifying our presence globally. These recognitions are an affirmation of our strategy to make Wipro a true learning organization".

In addition, Wipro Technologies also received the 2007 Indian MAKE Award third time in a row in KM India 2007 organized by CII (Confederation of Indian Industry) at New Delhi on November 14th.

Ved Prakash, Head of Knowledge Management at Wipro Technologies said, "We are very pleased that Wipro has also been inducted into the 2007 Global MAKE Hall of Fame which is an elite group of organizations that have been Global MAKE Finalists in each of the past five studies. This is an affirmation of the mature KM practices in Wipro that are on par with the best in the world."

Wipro Technologies has been running a structured Knowledge Management program since the year 2000 which ensures that all of its 75000 plus employees across the globe have access to the deep expertise lying within the organization. Wipro has implemented a web-enabled portal built on Microsoft Sharepoint to manage documented knowledge and operate virtual communities of practice. The Global MAKE study has found that knowledge-driven organizations significantly out-perform their competitors.

BEML - Limited Review for the quarter ended Sep 30, 2007

Bharat Earth Movers Ltd (BEML) has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"Reference is invited to Note No: 5 of Unaudited Financial Results relating to manner of recognition and the amount of provision in respect of employee benefits as required by Accounting Standard 15 (Revised) issued by the Institute of Chartered Accountants of India. The effect of such provisioning is at present not ascertainable".

Bhagawati Gases - Outcome of Board Meeting

Bhagawati Gases Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 28, 2007, has taken the following decisions:

1. In principal accepted the proposal of IFCI Ltd regarding issue 10,22,166 fully paid equity shares of the Company, of nominal value Rs 10.00 each, at par, aggregating to Rs 1,02,21,660, in their favour, by conversion of 50% of Zero Rate Optionally Convertible Loan of Rs 204.43 lakhs amount into equity capital.

2. An Extra Ordinary General Meeting of the members of the Company for aforesaid approval will be held on December 29, 2007.

Atlas Copco - Limited Review for the quarter ended Sep 30, 2007

Atlas Copco India Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"Non-disclosure of purchase of traded goods".

Williamson Financial - Limited Review for the quarter ended Sep 30, 2007

Williamson Financial Services Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"As indicated in Note 1 on the financial statements, the period-end-provision of Rs 2,500 lacs in respect of gross period-end-diminution, other than temporary, in the value of long term quoted investment of Rs 5,787.27 lacs is considered prudent at this stage by the Management. However, the extent of diminution as could he permanent in this regard and resultant adequacy of provisions therefore is not currently ascertainable."

Sical Logistics gets FIPB approval for Infrastructure subsidiary

Sical Logistics Ltd has informed BSE that Sical Infra Assets Ltd, the 100% wholly-owned subsidiary of the Company has received the FIPB approval for investment by Old Lane Mauritius IV Ltd, an investment vehicle of Old Lane India Opportunities Funds.

In this regard the Company has issued the following Press Release:

Sical Logistics Ltd has received the Foreign Investment Promotion Board (FIPB) approval, for investment in its newly formed subsidiary, Sical Infra Assets Ltd. The investment by Old Lane Mauritius IV Ltd, an investment vehicle of Old Lane India Opportunities Funds ("Old Lane"), is aimed to fund the growing infrastructure business of the Company.

The foreign equity participation by Old Lane is US$ 26 mn, by issue of compulsorily convertible debentures which will be subsequently converted, into equity shares of Sical Infra.

Sical Infra was formed to house the Company's asset-heavy, capital-intensive, longer gestation infrastructure based businesses like the Road and Rail terminals at Nagpur, Sical Iron Ore Terminal at Ennore, the Container Rail Project, the Container terminals at Tuticorin and Chennai in joint venture with PSA Singapore as well as Sical Distriparks. The decision to segregate the short cycle service oriented businesses from the longer duration BOT type assets was aimed to crystallize the value of investments made by Sical into its special purpose vehicles (SPVs).

On receiving the FIPB approval, Mr. Ashwin Muthiah, Chairman, Sical Logistics said, "This approval is a critical milestone in our efforts to build a balance between the asset heavy infrastructure side and the multi-modal logistics services of Sical. We will be using these funds along with Sical's own infusion of USD 30 mn to complete the equity funding on all our existent projects which are already in different advanced stages of debt closure. It is our intention to build and deliver on these heavy assets by focusing on good project management and timely completion as they have a gestation of 16-24 months each and will he developed simultaneously. We have the right people skills in place and I envision 2010 being a year of quantum leap in volumes and profits."

Granules India Board recommends final dividend

Granules India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 28, 2007, inter alia, has recommended a final dividend of 12.5% for the financial year 2006-07.

Gateway Distriparks clarifies on news item

With reference to the news item appearing in a leading Web Portal titled "Gateway Distriparks Promoters in talks to sell stake", Gateway Distriparks Ltd has clarified to BSE that these reports are not based on facts and are speculative in nature.

Geometric is now a Microsoft Certified Partner

Geometric Software Solutions Company Ltd on November 28, 2007 has announced that it has achieved "Certified Partner" status in the "Microsoft Partner Program". As a Microsoft Certified Partner, Geometric demonstrates a very high degree of competence and expertise in Microsoft technologies.

Geometric addresses clients' evolving business needs with flexible engagement models; end-to-end product development capabilities, including release management and technical support; collaborative R&D processes; and its own products and technologies that result in a faster time to market for its customers, Geometric has delivered value in software product development to leading Companies in the PLM & Engineering solutions domain, as well as for growing niche technology Companies.

"Achieving Certified Partner status is an important milestone for Geometric, which recognizes the capabilities of our practices and delivery teams and their commitment to delivering products based on Microsoft technologies. This status will help us create value added solutions in areas of our core competence of PLM and Manufacturing, on Microsoft Technologies," said Rajaramana Macha, Chief Operating Officer, of the Company.

Geometric joined the Microsoft Partner Program as part of its effort to build capabilities for customers and partners who are developing new age software solutions on the latest Microsoft technologies. Going forward, Geometric will create a Microsoft Center of Excellence to track and develop expertise and best practices across various Microsoft platforms. This initiative will ensure that Geometric stays on the cutting edge of Microsoft technologies, and continues to provide architectural, design and development services to ISVs and industrial customers. Geometric is already helping its customers release their products on Microsoft Vista and SOA using the Net framework.

The "Microsoft Partner Program", launched in October 2003, represents Microsoft's ongoing commitment to the success of partners worldwide. It offers a single, integrated partnering framework that recognizes partner expertise, rewards the total impact that partners have in the technology marketplace, and delivers more value to help partners' businesses be successful. Microsoft Certified Partners receive a rich set of benefits, including first hand access to Microsoft for competency building, training and technical support.

SAIL - Updates

Steel Authority of India Ltd (SAIL )has informed BSE that consequent upon his posting as Secretary, Department of School Education & Literacy, Ministry of Human Resource Development, Government of India, Shri. Arun Kumar Rath, former Special Secretary and Financial Adviser, Ministry of Steel, Government of India has resigned from the Board of the Company.

Reliance Industries clarifies on news item

With reference to the news item appearing in a leading financial daily titled "Ambani brothers may bury the hatchet on RNRL dispute", Reliance Industries Ltd has clarified to BSE that the Company doest not comment on speculative media reports.

In case if any information is to be disseminated to the market place, the Company would intimate to the Stock Exchanges and Media.

Jaiprakash Associates clarifies on news item

With reference to the news item appearing in a leading financial daily titled "Jaypee group eyes Bina Power", Jaiprakash Associates Ltd has clarified to BSE that "in an expanding organization like ours, exploring new business opportunities is a continuous process. As a sequel to this effort, we keep examining various proposals including the one referred. The Stock Exchanges will be informed if and as soon as the proposal gets crystalised."

NIIT - Allotment of equity shares under ESOP

NIIT Ltd has informed BSE that the Share Allotment Committee of the Board of Directors of the Company at its meeting held on November 28, 2007, has allotted 750 equity shares of Rs 2/- each to employees of the Company in accordance with the terms of ESOP 2005.

Suzlon Energy - Updates

Suzlon Energy Ltd has informed BSE that in terms of the recommendation of the Remuneration Committee of the Board of Directors of the Company at its meeting held on January 29, 2007 and as approved by the Shareholders of the Company on March 10, 2007, the Remuneration Committee of the Board of Directors of the Company has granted 103,900 Options to the eligible employees of the Company and its Subsidiaries under Employee Stock Option Plan - 2006 (ESOP).

Pitti Laminations - Limited Review for the quarter ended Sep 30, 2007

Pitti Laminations Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"As informed to the Auditors, being quarterly closing the Company has not assessed deferred tax liability. Further liability if any will be provided for by the Company at the end of the year in terms of revised Accounting Standards (AS 15) on employees benefits."

Garware Offshore - Open Offer

HSBC Securities and Capital Markets (India) Pvt Ltd ("Manager to the Offer") for and on behalf of IndiaSTAR (Mauritius) Ltd ("Acquirer") has issued this Public Announcement ("PA") to the equity shareholders of Garware Offshore Services Ltd ("Target Company"), pursuant to and in compliance with among others, Regulation 10 of the Securities and Exchange Board of India.

The Offer

The Acquirer is making an open offer (the "Offer" or "Open Offer") to the shareholders of the Target Company to acquire upto 4,707,799 fully paid-up equity shares of Rs 10/- each of the Target Company (the "Shares") representing 20% of the expanded paid-up voting equity share capital at a price of Rs 230/- (Rupees Two Hundred and Thirty only) for each share ("Offer Price") to be paid in cash, in accordance with the provisions of the Regulations and subject to the terms and conditions mentioned in this PA and the terms and conditions that will be set out in the letter of offer in relation to the offer ("Letter of Offer").

Schedule of Activities:

Specified Date - November 30, 2007

Date of Opening of the Offer - January 01, 2008

Date of Closing of the Offer - January 21, 2008

Bhagwati Autocast - Limited Review for the quarter ended Sep 30, 2007

Bhagwati Autocast Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"Management has informed the Auditors that it has provided contingency expenses to cover cost of inflation and also for expenses for which bills are still to be received. It is informed that the major input procurement costs of the Company is demand elastic and subject to highly erratic market forces and therefore the costs referred to above are spread over through out the year to arrive at a fair and equitable charge on the profits of the Company. The Company review shows that the aforesaid expenditure would have been decreased by about Rs 2.10 lacs and net profit the quarter would have increased by Rs 2.10 lacs, if the actual are taken."

Walchandnagar Industries - Updates

With reference to the earlier announcement dated November 26, 2007 about the issue of Bonus Shares in the ratio of 1:1, subject to approval of shareholders and other necessary regulatory approvals, Walchandnagar Industries Ltd has now clarify that the bonus share will be issued through capitalization of free reserves in 1:1 ratio on equity share(s) held on the record date to be announced at a later date.

Upon allotment of Bonus Shares, the equity share capital will be of Rs 600.90 Lakhs instead of Rs 300.45 Lakhs at present.

Eicher Motors - Updates

Eicher Motors Ltd has informed BSE that pursuant to the provisions of SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999, the members of the Compensation Committee of the Company at its meeting held on October 22, 2007, had granted approval for further grant stock options to the eligible employees of the Company under the Employee Stock Option Plan —2006 ("ESOP 2006") and subject to the following conditions:

1. Date of the grant: October 22, 2007

2. The eligible employees are in the category of Deputy General Manager and above excluding the promoters and Directors who are holding 10% of the equity capital of the Company;

3. Exercise Price : Rs 462/- per share which is the latest closing market price (Rs 461.80 per share) on NSE / BSE as on October 19, 2007 (i.e. prior to the date of the meeting of the Compensation Committee).

4. Vesting period of 3 years from the date of the grant i.e. upto October 21, 2010 in terms of the Scheme:

5. The exercise period from October 22, 2010 till October 22, 2017 in terms of the Scheme.

6. Total number of employees covered under the Plan is 50;

7. The list of the eligible employees and the grants to each employee is duly approved and signed by the Managing Director of the purpose of identification. There is no employee who is being offered grants more than 1% of the issued paid up capital;

8. Total Fresh grants being approved now under the "ESOP 2006" are 289,200 number of equity shares of Rs 10 each. Cumulative grants after including this come to 546,500 Nos. equal to 1.95% of equity capital.

Satyam Computer - Conversion of Stock Options

Satyam Computer Services Ltd has informed BSE that the Compensation committee of Directors of the Company allotted 54478 equity shares through circular resolution on November 27, 2007, approved on November 28, 2007 under stock option plans of the Company.

Consequent to the above allotment, the paid up share capital of the Company has gone up from 669,214,948 equity shares of Rs 2/- each aggregating Rs 1,338,429,896.00 to 669,269,426 equity shares of Rs 2/- each aggregating Rs 1,338,538,852.00.

Glenmark Pharmaceuticals - Press Release

Glenmark Pharmaceuticals Ltd has informed BSE that Glenmark Pharmaceuticals Nigeria Ltd, a subsidiary of the Company, announced its plans for expanding presence in the Nigerian market. Glenmark started operations in April 2007 and has successfully created a market for its products in the country expecting sales of USD 1.3 million by the end of this fiscal. Currently in Nigeria, the Company is present in the areas of Dermatology / Gynecology, Anti-Infectives & Gastroenterology, and plans to additionally launch its products in the areas of Respiratory, Oncology and Metabolic diseases.

Mr. A S Mohanty, Director - Formulations of the Company, said, "Nigeria is the biggest market in West Africa and Glenmark has established its presence there in a very short span of time. We plan to double our business in 2008 - 09 and meet the US$ 10 million mark by 2012-13. Our gastroenterology product Relcer-gel has done really well in Nigeria and we expect to sell more than half a million bottles by the end of FY 08."

At present the Company has 14 SKU registered in 12 months and plans to have another six new products in Nigeria. In additional, the Company also has plans to substantially increase its team in Nigeria in the coming fiscal, and increase the presence of local talent in its sales and marketing team.

The Company is one of the leading players in the Indian branded generics market, specifically in areas of dermatology and respiratory. Its products, Candid B and Ascoril, feature among the top 300 pharmaceuticals products in India.

S.Kumars Nationwide - Outcome of Board Meeting

S.Kumars Nationwide Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 27, 2007, has taken the following decisions:

1. The Board has considered and approved the subsidiarisation of the Company's 'Reid & Taylor Division' comprising of Luxury Textiles and Ready-to-Wear Garment Business carried out under the 'Reid & Taylor' Brand and factory at Nanjangud Taluka, District- Mysore, State Karnataka with all Assets & Liabilities pertaining / apportioned to the Division on 'Slump Sale basis' and on an as-is-where-is basis as 'Going Concern' to wholly owned subsidiary Company 'Reid & Taylor (India) Ltd'.

2. The principal reason for the proposed subsidiarisation is to have focus on the luxury textiles and premium garment business in a fast growing market. The subsidiarisation step is a precursor to inviting Private Equity Investors and then going public or directly doing an IPO in Reid & Taylor (India) Ltd on due course.

3. The Board approved and fixed the cut off date as December 07, 2007, for sending notice to the shareholders of the Company for passing necessary resolutions under the Companies Act, 1956 and others, if any, through postal ballot for the said object.

IndiaNivesh - Updates

IndiaNivesh Ltd has informed BSE that the Company has acquired additional shares of 'IndiaNivesh Management Consultants Pvt Ltd' (INMCPL), its Associate Company so as to increase its aggregate shareholding to 51.46% and consequently INMCPL has become the subsidiary of the Company.

Tata Steel - Organisation Structure of Tata Steel Group

Tata Steel Ltd has informed BSE about the following:

- Tata Steel Group has announced a new organization structure effective from January 01, 2008 as follows:

Tata Steel Group comprises of two entities, namely, Tata Steel (including Tata Steel Thailand and NatSteel Asia) and Corus Group Ltd. In order to realise this ambition, a new organisation is announced on November 28, 2007, which is effective from January 01, 2008.

* The Chairman of Tata Steel, Mr. Ratan Tata will continue to chair the Strategy and
Integration Committee. Mr. Jim Leng, Mr. B Muthuraman, Mr. Philippe Varin, Dr. Tridibesh Mukherjee, Mr. Rauke Henstra, Mr. Hemant Nerurkar, Mr. Koushik Chatterjee and Mr. Jean-Sebastien Jacques are members of this Committee.

* A Group Centre is created for functions that are to be performed with a common approach across the Tata Steel Group. These functions are Technology & Integration, Finance, Strategy, Corporate Relations & Communications and Global Minerals. The executives responsible for these functions will report to the MD of Tata Steel and the CEO of Corus:

- Dr. Tridibesh Mukherjee is appointed as Group Director, Technology & Integration

- Mr. Koushik Chatterjee is appointed as Group Chief Financial Officer

- Mr. Jean-Sebastien Jacques is appointed as Group Director, Strategy

- Mr. Manzer Hussain is appointed as Group Director, Communications

- Mr. Arun D Baijal is appointed as Group Director Global Minerals

* Both Tata Steel and Corus entities will have Executive Committees chaired by the MD, Mr. B Muthuraman and the CEO, Mr. Philippe Varin respectively.

* A Joint Executive Committee for Tata Steel Group will meet quarterly to review overall performance against the Group ambition. This committee will be co-chaired by the MD of Tata Steel and the CEO of Corus.

Uma Petroproducts Board approves stock split

Uma Petroproducts India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 21, 2007, has considered and approved the following:

1. Increase in Authorised Capital from Rs 6,00,00,000/- (Rupees Six Crores) to Rs 10,00,00,000/- (Rupees Ten Crores).

1. Split up the shares of Rs 10/- (Rupees Ten Only) each into shares of Rs 1/- (Rupees One Only) each.

3. Issue of Preference Shares on preferential basis to raise further capital.

4. To obtain approval of Shareholders for the above matters by way of Postal Ballot.

Steel Strips received first ever Export Order for Tractor Wheels Rims

Steel Strips Wheels Ltd has informed BSE that the Company has received the confirmation from M/S. KUBOTA - Japan, a globally renowned manufacturer of Tractors that they shall be sourcing 40,000 Tractor wheels Rims, valued over Rs 80 Million, from the Company for their new plant in Thailand.

GMR Infrastructure - DIAL to provide additional facilities to passengers this winter

GMR Infrastructure Ltd has informed BSE that Delhi International Airport (P) Ltd. ('DIAL'), the Company's Subsidiary Company is proposing to provide additional facilities and services to the passengers during the winter months and undertaking several proactive measures to reduce inconvenience to passengers during the fog season.

In this regards, DAIL has issued the following Press Release:

"To provide additional facilities and services to passengers during the winter months, Delhi International Airport (P) Ltd (DIAL) is undertaking several proactive measures. DIAL in discussion with various stakeholders at the airport such Airlines, ATC, CISF, BCAS, Met Department, Customs, Immigration, Delhi Police and Catering Firms has drawn a strategy to reduce inconvenience to passengers during the fog season.

To provide additional seating area for passengers, Terminal 1B is being extended on the kerbside. Compared to last year, where the additional seating was across the road - this extension will be attached to the terminal building itself for the convenience of the passengers. An extensive flight information display system is being provided in the extension area to regularly update the passengers.

DIAL is working on a strategy with the airlines to systemize the movement of passengers from the extension to the Check-in area, and onward to the Security Hold Area based on the departure status of their flight. To co-ordinate the operations during the fog period, a centralised Emergency Response & Interactive Centre (ERIC) will be set up.

In the extension area, as well as inside the terminals additional arrangements have been made to provide refreshments, food and beverages to passengers. These additional counters will supplement numerous F&B outlets such as Yo-China, Café Coffee Day, Nirulas, McDonald's that DIAL added to IGI airport in the last one year amongst others. This season, Nirulas, Yo China, Nescafe along with other concessionaires are providing additional kiosks.

DIAL has also deployed 60 specially trained Customer Service Staff to provide assistance & information to passengers. An increased number of payphones, along with 25 coin operated booths have been added at IGI Airport to help passengers stay in touch with their friends and relatives. In addition, DIAL is setting up a basic call centre which will share the available flight information and airlines' contacts numbers. A link of the FIDS (Flight Information Display System) will also be provided on DIAL website for the benefit of passengers.

The Delhi Airport is equipped with Category IIIB Instrument Landing System. The system allows compatible aircraft and trained pilots to land even when the runway visibility is up to 50 meters. This year, 55 parking bays at the domestic aircraft apron have been provided with CAT III compatible lighting systems, compared to 25 last year. Additions carried out over the last year have provided additional number taxi routings to smoothen aircraft movement, and prioritize the movement of CAT III enabled aircraft. DIAL has added 4 new rapid exit taxiways, namely B1, F, U & V to speed up aircraft movement.

The Meteorological Department of India will also be providing latest fog updates to the ERIC. In addition, a Crisis Management Center (CMC) would also be set-up to co-ordinate the efforts and manage any unforeseen events. Representatives from various stakeholders would be present in the CMC. A centralised media centre will also be available to facilitate the media persons. Help is being sought from media to provide updates to public as well. Special booklets with information on fog and do's and don'ts for passengers will also be circulated.

DIAL is taking all possible measures to minimise the impact of the fog & low visibility on flight operations and to avoid inconvenience for passengers. It will extend all possible assistance to passengers and stakeholders alike.

Further the Additional facilities for passengers & airlines

- Extension of Terminal 1B to provide additional seating for passengers.

- 60 customer service staff deployed round the clock for passenger facilitation

- Additional F&B, Telecom & Flight Information facilities for passengers

- Call Centre being set-up to provide flight information.

- Increase in CAT III lighting equipped aircraft bays from 25 to 55

- New rapid exit taxiways added along with additional taxi routes to smoothen aircraft movement.

Pyramid Saimira - Press Release

Pyramid Saimira Theatre Ltd on November 28, 2007, has announced its strategic acquisition of Mumbai-based Dimples Cine Advertising Pvt. Ltd. & Dimples Cine Activations. As per the details of the acquisition, Pyramid Saimira Group has acquired 51% stake in the Company, for an undisclosed sum. The firm will continue to remain headquartered in Mumbai, while becoming a part of the Pyramid Saimira Group universe.

Speaking about the acquisition, Mr. P S Saminathan, Managing Director, of the Company said, "We are extremely happy to announce this strategic acquisition of Dimples Cine Advertising and welcome the employees of Dimples into the Pyramid Saimira family. Further, as the content industry is becoming more atomized and pull oriented, the challenges for an advertiser to be visible on all the media vehicles, assumes greater importance with the proliferation of television channels and other exposure outlets such as internet, cinema advertising etc. Pyramid Saimira with its strong presence in all streams of entertainment business in India, be it featuring film content for television or access to the largest chain of theaters across the country, is in a position to provide almost all advertising requirements of a large advertiser or agency under one umbrella. In short, Pyramid Saimira will become a one stop entertainment super market."

As per the details of the acquisition, Pyramid Saimira will roll out a massive business plan for Dimples Cine Advertising Pvt. Ltd. & Dimples Cine Activations, through which Dimples will have access to 4000 digitally targetable screens by 2010. "Through this acquisition, we aim to be a major media & advertisement vehicle in India," said Mr. Saminathan.

Recently, Pyramid Saimira acquired Texas-based FunAsiA through its subsidiary; Pyramid Saimira Entertainment America, Inc. Pyramid Saimira also acquired an existing theatre and radio drive-time hours in Chicago and radio time in Houston.

Infosys receives 2007 Balanced Scorecard Hall of Fame Award for Executing Strategy

Infosys Technologies Ltd has announced that the Company has entered the Balanced Scorecard Hall of Fame for Executing Strategy™ for achieving breakthrough performance results using the Balanced Scorecard (BSC). The award has been instituted by the Palladium Group, Inc., a leading global professional services firm that enables Companies to better measure and manages performance using the Balanced Scorecard approach. Past winners of this award include UPS, Best Buy, Siemens, Motorola and AT&T Canada.

Commenting on this recognition, Sanjay Purohit, VP & Head - Corporate Planning & Business Assurance, Infosys said, "Infosys has found entry into the BSC Hall of Fame on account of its innovative strategy planning and execution capabilities. We invest in a portfolio of organization-wide planning and execution processes and systems, which involves participation from a cross-section of our employees, including our under-30 budding young leaders. We believe our strategy roadmap and the BSC are key instruments that will help Infosys become a transformation partner to all the clients."

Infosys was lauded for its focus and success in driving the execution of key strategies resulting in growth and differentiation. The award was based on five key principles; (1) Mobilizing change through executive leadership; (2) Translating strategy into operational terms; (3) Aligning the organization around its strategy; (4) Motivating to make strategy everyone's job, and (5) Governing to make strategy a continual process.

The BSC concept, created by Dr. Robert S Kaplan and Dr. David P Norton in 1992, has been implemented across several thousand corporations, organizations, and governments worldwide. It has been cited by Harvard Business Review as are of the most important management ideas of the past 75 years.

Based on the simple premise that "what gets measured is what gets done," the BSC puts strategy at the center of the management process, allowing organizations to implement strategies rapidly and effectively. Begun in 2000, the BSC Hall of Fame Program publicly honors organizations that are successfully using the BSC to achieve and sustain breakthrough performance results.

Pyramid Saimira - Updates on Outcome of Board Meeting

With reference to the earlier announcement dated November 12, 2007, regarding Outcome of Board Meeting, Pyramid Saimira Theatre Ltd has informed BSE that in the Board Meeting held on November 10, 2007, the Board approved the acquisition of 51% stake, for cash, in M/s. Dimple Chie Advertising Pvt Ltd, Mumbai.

M/s. Dimple Cine Advertising Pvt Ltd is having all-India presence and is a one-stock cinema solution provider for both On-screen and Off-screen advertising business capable of all types of cinema campaigns.

M/s. Keynote Corporate Services Ltd, Mumbai, was the Advisor to the Company on this transaction.

Garware Marine fixes Book Closure for Dividend & AGM

Garware Marine Industries Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 27, 2007 to December 31, 2007 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the Company.

Hindustan Copper fixes Book Closure for AGM

Hindustan Copper Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 20, 2007 to December 24, 2007 (both days inclusive) for the purpose of 40th Annual General Meeting (AGM) of the Company to be held on December 24, 2007.

Valuemart Info Technologies acquires Datatalk

Valuemart Info Technologies Ltd has informed BSE that the Company has acquired a 74% stake in Datatalk Services (India) Pvt Ltd (Datatalk) a Bangalore based IT & BPO Company. The shareholders agreement with Datatalk has been signed on November 28, 2007. Post Acquisition, Datatalk will be a subsidiary of Valuemart. The acquisition will help the Company to acquire premium clients and broad base our service offerings in the BPO segment.

Datatalk, a Bangalore based BPO, offers Direct Marketing, Customer Acquisition and Retention and Telemarketing Services in the Domestic Market to prestigious Clients like Airtel, Club Mahindra, Deutsche Bank, Nestle, Pepsi, Tektronics and Zee Television among others. Datatalk currently operates a 100-seat facility, in Bangalore and will set up an additional 200-seats capacity for its clients in Bangalore and Hyderabad in the next six months.

Announcing this, Mr. C K Vasudevan, Managing Director, Valuemart said, "The acquisition will help us to acquire premium clients and broad base our service offerings in the BPO segment".

In July 2007, Company successfully completed a Preferential Issue and raised Rs 6 Crores from Strategic Investors. These funds will be partly utilized for the acquisition.

Valuemart is an IT and BPO solutions Company with offerings in ERP and new generation patent pending technologies such as BPM. Its key competencies are in the Banking, Financial Services, Insurance, Legal and Manufacturing Verticals.

RSWM - Updates

RSWM Ltd has informed BSE that the Committee constituted by the Board of Directors, at its meeting held on November 27, 2007 has approved the Scheme of Arrangement under the Companies Act, 1956 for de-merger of its strategic investment division into Bhilwara Technical Textiles Ltd. The Committee has also approved the exchange ratio of 10 Equity Shares of the face value of Rs 1/- each in the resultant Company i.e. Bhilwara Technical Textiles Ltd for every 4 Shares of Rs 10/- each held in the de-merged Company i.e. The Company.

The aforesaid decision of the Committee is subject to the approval of the Members of the Company, Hon’ble High Court of Rajasthan and other competent authorities.

DLF - Adrian Zecha & DLF Partner to acquire AMAN Resorts

DLF Ltd has informed BSE that Adrian Zecha, Founder and Chairman of Aman Resorts announced that he has formed an equal partnership with the Company, which has entered into definitive agreements to acquire a controlling interest in the Aman Resorts group. The entire transaction, when completed, is estimated to be valued at US$ 400 million with an assumed debt of approximately $ 150 million.

Aman Resorts is the world's leading hospitality and lifestyle business and currently owns and operates 22 luxury hotels, many with residences, in 12 countries. Several of the properties, such as the famed Amanpuri in Phuket and Amandari in Bali have received numerous awards over the years as being the world's leading leisure and hospitality destinations. Aman Resorts has consistently been top rated over the years by leading publications such as Conde Nast, Zagat Survey, Travel & Leisure amongst many others. The Company has ambitious growth plans with many new properties in various stages of development. In addition to expanding its resort locations, Aman Resorts is developing projects in key gateway cities around the world, the first of which is scheduled to open in New Delhi, India, in 2008.

"We are delighted at this unique opportunity to become a partner in one of the world's leading hospitality & lifestyle brands. We look forward to working closely with the founders and management of this business to further enhance its leadership position in the industry" said Mr. Rajiv Singh, Vice Chairman of the Company. Overseas Hotels Ltd, a subsidiary of the Company, is making the investment. Luthra & Luthra Law Offices acted as adviser to DLF in this transaction.

Maxwell Industries Board recommends final dividend

Maxwell Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 27, 2007, inter alia, has approved the following:

- A final dividend of 10% on the equity shares of the Company was recommended by the Board to be placed in front of the shareholders in their meeting for approval (An interim dividend @ 10% on equity shares has already been declared by the Company in the year 2006-07).

GMR Infrastructure - Updates

GMR Infrastructure Ltd has informed BSE that GMR Energy Ltd, the Company's 100% Subsidiary Company had entered into a Share Purchase and Joint Venture Agreement to acquire 80% stake of a Himtal Hydro Power Co. (P) Ltd. having its registered office at Kathmandu, Nepal ("Himtal"). Himtal have subsisting Survey Licence issued by the Department of Electricity Development, Govt. of Nepal for undertaking the Feasibility Study and Environmental Impact Assessment Study for setting up a 250 MW Upper Marsyangdi — 2, Hydro Power Project, located in Upper Marsyangdi, Nepal.

Further the Company has informed that, the necessary application has been submitted to the Investment Promotion Board, Department of Industries of Government of Nepal, seeking their approval for the same.

Coral India - Outcome of Board Meeting

Coral India Finance & Housing Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 27, 2007, has decided to raise further equity by way of preferential issue of 36 Lakhs warrants exercisable into equal number of equity shares of Rs 10/- each of the Company to the promoter and other investors as per SEBI Guidelines for Preferential Issues, subject to Shareholders approval.

Accordingly, the Board of Directors has decided to convene Extra Ordinary General Meeting on December 24, 2007.

National Fertilizers - Limited Review for the quarter ended Sep 30, 2007

National Fertilizers Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"Accounting of subsidy on urea receivable from FICC on estimated basis in the absence of notification thereon and subject to the impact of the audit qualification in respect of the audited accounts of the previous accounting year ended on March 31, 2007".

NEPC India - Outcome of Board Meeting

NEPC India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 27, 2007, has transacted the following:

1. Progress regarding the Solar business:

NEPC Solar Power System has received very favourable market acceptance and has been able to consolidate and garnet a 30% market share in Northern India. The Company has plans and proposals to foray into Southern Region. Strategic marketing arrangements are being organized to reach / access customers in the Southern Region.

NEPC has also developed a wider range of models with higher capacities using revolutionary technologies. The product range has tremendous market potential to cater to high capacity requirements of "Solar Dual Power System" with a market potential to achieve 40-50% market share by mid 2008.

2. Foray into Solar Photo Voltaic Modules:

The Company's plans and foray into Solar Photo Voltaic Modules and Power plant is proceeding on the right track and fast mode. The Company has proposed to establish a-state-of-the-art production facility to manufacture Thin Film Solar Photo Voltaic Modules which is considered to be an advanced technology to generate cost effective power, and cater to the high demand for Solar PV modules all over the world.

The Company is in a growth trajectory and has proposed to augment funds by way of GDR / FCCB issue for an amount up to US$ 150 million.

3. Calling of Extra Ordinary General Meeting of the Members of the Company:

The Board has resolved to call an Extra Ordinary General Meeting of the members of the Company on December 24, 2007, in connection with the proposed GDR / FCCB issue and to obtain approval of the members for the proposed increase in the authorised share capital of the Company from the existing Rs 150 Crores.

Jindal Stainless - Updates

Jindal Stainless Ltd has informed BSE that Sh. R G Garg, Joint Managing Director has been elevated as Managing Director & Chief Operating Officer of the Company with effect from November 27, 2007, through circular resolution by the Board of Directors.

Ranbaxy Laboratories - Updates

Ranbaxy Laboratories Ltd has informed BSE that Zenotech Laboratories Ltd (Zenotech) has allotted on preferential basis, 54,89,536 Equity Shares of Rs 10 each at a premium of Rs 150 per share for cash (being 16% of the equity share Capital of Zenotech as increased by the above-mentioned preferential issue) to Ranbaxy Laboratories Ltd. on November 23, 2007. Intimation from Zenotech regarding allotment of the aforesaid shares has been received by the Company on November 26, 2007.

Ambalal Sarabhai - Updates

Ambalal Sarabhai Enterprises Ltd has informed BSE that the Company has sold land admeasuring 28,430.58 sq. mtrs to DLF Retail Developers Ltd at a consideration of Rs 51.14 crores. The said land represented a small part of the total land of the Company & sale of which does not affect any of its undertakings.

Jai Corp - Outcome of Share Allotment Committee Meeting

Jai Corp Ltd has informed BSE that the Share Allotment Committee of the Company at its meeting held on November 26, 2007, inter alia, has approved allotment of and allotted fully paid equity shares Rs 1/- each as per details given below:

1. Eton Park Fund LP: 734660 Number of Equity Shares allotted

2. Eton Park Master Fund Ltd: 1364370 Number of Equity Shares allotted

3. BRLP Mauritius Holdings II: 1144930 Number of Equity Shares allotted

4. BROMLP Mauritius Holdings II: 763280 Number of Equity Shares allotted

5. Tiger Global LP: 599320 Number of Equity Shares allotted

6. Tiger Global Ltd: 346280 Number of Equity Shares allotted

7. Tiger Global II LP: 20580 Number of Equity Shares allotted

8. Indusino Mauritius Ltd: 289850 Number of Equity Shares allotted

9. State Bank of India: 386470 Number of Equity Shares allotted

The Share Allotment Committee on November 26, 2007 has also approved allotment of and allotted fully paid preference shares of Rs 1/- each as per details given below :

1. Smt. Laxmi Jain: 4500000 Number of Preference Shares allotted

2. Smt. Sushma Jain: 5000000 Number of Preference Shares allotted

3. Smt. Rina Jain: 5500000 Number of Preference Shares allotted

As a result of the above allotment, paid up capital of the Company is as under:

(A) Equity Share Capital :

No.of Shares: 178233140
Aggregate Paid up Value: Rs 178233140/-

(B) Preference Share Capital:

No.of Shares: 15000000

Aggregate Paid up Value: Rs. 15000000/-

Same was as approved by the members of the Company at the Extra Ordinary General Meeting held on November 17, 2007.

Aftek - Allotment of equity shares under ESOS

Aftek Ltd has informed BSE that the Company on November 27, 2007, has allotted 11026 numbers of equity shares of Rs 2/- each to employees on exercise of stock options granted under the Aftek Employee Stock Option Scheme 2004 (ESOS). After the said conversion, the paid up share capital of the Company stands increased from Rs 186922048/- to Rs 186944100/-.

ORG Informatics - Updates

With reference to the earlier announcement dated August 23, 2007 regarding the Company has just signed an agreement with M/s. Belgacom NV/SA to acquire "Belgacom's Satellite Based Business" and also set up a wholly owned subsidiary in Belgium to facilitate this acquisition and carry this newly acquired business, ORG Informatics Ltd has informed BSE that the Company has successfully acquired "Belgacom's Satellite Based Business" from M/s. Belgacom NV/SA.

The Belgacom acquisition will enable the Company to enter into a new elite level of providing Satellite Services (currently this unit of Belgacom is in the Top 10 providers of telecom and broadcast facilities worldwide). The Satellite Services business will thrust ORG into Europe, giving high exposure to its operations in Europe and supporting their efforts in South Asia and Africa. These Satellite operations are considered as a national asset in Belgium.

Through the Belgacom’s Teleport & Satellite acquisition, ORG will obtain operating control of two Teleport sites in Belgium, i.e. in Lessive and Liedekerke. The Liedekerke site will provide ORG with a major portion of Europe's Hot bird activity and the Lessive site that operates Belgacom's international carrier traffic will enable ORG to expand its presence in South Asia and especially Africa. The Lessive site conducts additional business, which includes Internet over satellite, DVB-RCS-—return channel via satellite, internet bandwidth provision business to Middle East and Africa.

In summary, the Belgacom acquisition will give ORG an immediate and significant satellite- business presence within the heart of Europe.

Emco - Postponement of Preferential Issue Committee Meeting

Emco Ltd has informed BSE that the meeting of the Preferential Issue Committee which was scheduled to be held on November 28, 2007 for issue of 17,00,000 Warrants to the Promoter who is also the Managing Director of the Company on a preferential basis in accordance with the SEBI Guidelines for Preferential issues, stands postponed.

Sterlite Optical - Updates

Sterlite Optical Technologies Ltd has informed BSE that the Allotment Committee of the Board approved and allotted shares as under:

1. Preferential Allotment - Allotment was made to Twin Star Overseas Ltd, Mauritius, the promoter entity. This allotment is done for conversion of warrants into equity shares. This conversion is towards third and final tranch of preferential allotment of equity shares and convertible warrants made to Promoters at a price of Rs 100/- per share as approved by shareholders in March, 2006.

- No of Shares: 28,00,000

2. Allotment to ESOP holders - Equity shares were allotted to some of the Company's employees, as under Employee Stock Option Scheme, 2006.

- No of Shares: 2,200.

Four Soft - Updates

Four Soft Ltd has informed BSE that Global Institute of Logistics (GIL) who announces to appoint Four Soft CEO Mr. Srikanth Palem as its Global Board of Advisor in Hyderabad, India.

The Global Board of Advisors (GBOA) will provide GIL support with strategic and technical advice, resource mobilization and promotion and outreach.

The appointment of Srikanth Palem, CEO and Founder of Hyderabad based Four Soft Ltd to the board, reflects GIL's ambition to develop common data platforms between stakeholders in the global supply chain.

Four Soft has grown to become the pre-eminent player in developing IT solutions for the global Transport and Logistics vertical, having developed a diversified suite of applications spanning the entire supply chain.

It was further announced that the Global Institute of Logistics will provide accreditation to Four Soft's Logistics Certification program.

About Global Institute of Logistics

The New York based Global Institute of Logistics is a multi-stakeholder, cross-industry, not—for-profit agency, concerned with the development and proliferation of best practices in the global supply chain.

Infosys Technologies - Microsoft and Infosys Technologies Expand Relationship with Increased Focus on Seamless Collaboration

Infosys Technologies Ltd on November 27, 2007 announced several strategic efforts directed toward deepening services delivered to Microsoft Corp., including a new dedicated Vendor Offshore Facility (VOF) and a Microsoft Dynamics Concept Center.

As a strategic partner of Microsoft, Infosys has a multi-dimensional relationship with the Company. Infosys has established the new 400 seat capacity VOF to facilitate and highlight its expertise in working on Microsoft programs and industry-leading solutions. It is completely compliant with Microsoft's rigorous security and privacy standards.

In addition, Infosys has developed a Microsoft Dynamics Concept Center that is designed to showcase Infosys employees' thought leadership around Microsoft technologies and accelerate deployment of solutions developed around the Microsoft Dynamics line of business solutions to clients.

Since 1998, Infosys has provided a broad range of services from consulting to development to support for Microsoft. The Companies' collaboration has resulted in measurable enhancements to productivity, customer and partner experience, and operational efficiencies across Microsoft's businesses while enabling Infosys to refine its industry service offerings for high-tech Companies. Examples of joint projects include:

- Architecting and deploying a business intelligence (BI) platform built on next generation Microsoft BI technologies for Microsoft to analyze and provide important feedback on customer interactions to product teams.

- Supporting Microsoft's focus on customer experience by architecting and deploying a download Web site, reducing the time from product release-to-market to availability of downloads to less than 10 days from six to eight weeks, Within the first two weeks of launch, more than 30,000 Microsoft customers accessed the download solution and new capabilities.

- Establishing a Test Center of Excellence focused exclusively on quality assurance of IT solutions for Microsoft to manage its customer and partner relationships.

- Building a talent management platform for Microsoft to deliver development and retention programs to its more than 70,000 employees.

"The Infosys and Microsoft relationship is a shining example of how a strong collaboration may enhance a client's competitive advantage in the marketplace," said Anand Swaminathan, associate vice president High-Tech & Manufacturing, of the Company. "Infosys is committed to combining its industry solutions and services and extending the global delivery model we pioneered to enable Microsoft to deliver world class software and customer experience in the flat world."

AMD Metplast - Updates

AMD Metplast Ltd has informed BSE that in terms of approval of the Board of Directors on November 19, 2007, the Company has approved to set up its Integrated Textile Unit in the notified industrial area situated at Village Padartha alias Dhanpura, Tehsil Haridwar, Uttarakhand on land admeasuring 24.6 acres with a total project cost of Rs 280 Crores approximately. In this connection, the Government of Uttarakhand vide its Government Order has notified land admeasuring 24.6 acres at Village Padartha alias Dhanpura, Tehsil, Haridwar, Uttarakhand to be deemed for the Government approved Mega Textiles Project of the Company. The Company proposes setting up the said Integrated Textile Unit with approximately 112 looms, 30000 spindles and having a capacity to process 64800 sq. mtrs. of fabric per day.

The periodic updation with regard to the said project of Integrated Textile Unit shall be sent from time to time.

Geometric releases version 2.1 of "GeomCaliper for Pro/ENGINEER"

Geometric Software Solutions Company Ltd on November 27, 2007 announced the release of version 2.1 of "GeomCaliper for Pro/ENGINEERS®", focusing on usability and performance enhancement related features.

The major enhancements in this release of GeomCaliper for Pro/ENGINEER include:

Improvements in User Interface:

- Enhanced Reporting: Reporting mechanism for thickness analysis results can capture multiple critical regions along with their static image snapshots in one report now.

- Customizable color band: Color band displayed with thickness analysis results can now be customized to specify user defined intervals including range and color for each interval.

- Contact Distance: In sphere method for thickness analysis, user can opt to view contact distance between touch points rather than diameter of sphere.

- Enhancements in Critical Region Analysis tool: Enhancements in critical region analysis tool include ability to quickly locate critical regions outside of allowed thickness range, setting default options to view region or clipped section at pre-defined angles, turning animation on-off during critical region analysis, and defining or modifying parameters like status, color, review comments on multiple regions at same time.

Improvements in Performance:

- Computation time reduced by upto 30%

- Significant improvement in visualization performance resulting in 150% improvement in FPS rate. Bigger and complex models are now processed much faster.

Version 2.1 of GeomCaliper for Pro/ENGINEER supports 32 bit as well as 64 bit Windows XP OS.

Shri Lakshmi Cotsyn Board to recommend dividend

Shri Lakshmi Cotsyn Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 04, 2007, inter alia, to transact the following business:

1. To consider and approve the Annual Accounts for the Accounting year ended on June 30, 2007.

2. To recommend the Dividend.

3. To consider an Increase in Authorised Share Capital of the Company from Rs 30 crore to Rs 50 crore.

Bhushan Steel clarifies on news item

With reference to the news item appearing in a leading financial daily titled "Bhushan Steel share up 45%", Bhushan Steel Ltd has clarified to BSE that, "as on date neither the Company has any plan nor had any conversation with any body in the past regarding diluting the stake.

We ourselves got astonished on seeing the news which has already been denied. There is no substance in the news published on the financial daily."

JK Cement - Outcome of AGM

JK Cement Ltd has informed BSE that the members at the 13th Annual General Meeting (AGM) of the Company held on August 25, 2007, inter alia, have accorded the following:

1. Adoption of the audited Balance Sheet of the Company as at March 31, 2007 and the Profit & Loss Account for the year ended March 31, 2007 together with the Relative Director's Report to the Share Holders, which have been circulated amongst the members.

2. Declaration of Dividend @ Rs 3.50 per share on Equity shares of face value of Rs 10/- each (fully paid up).

3. Re-appointment of Shri. Jyoti Prasad Bajpai & Shri. Kailash Nath Khandelwal as Directors of the Company.

4. Re-appointment of M/s. P L Tandon & Company, Chartered Accountants, Kanpur, as Auditors of the Company to hold office from the conclusion of this Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.

5. Appointment of Shri. Jayant Narayan Godbole & Shri. Suparas Bhandari as Directors of the Company, liable to retire by rotation.

6. Re-appointment of Shri. Yadupati Singhania as the Managing Director & Chief Executive Officer of the Company for a period of 5 (five) years w.e.f. April 01, 2007, on remuneration, terms & conditions.

7. Authority to the Board to borrow in any manner from time to time any sum or sums of moneys at its discretion on such terms and conditions as the Board of Directors may deem fit, notwithstanding that the moneys to be borrowed by the Company together with the moneys already borrowed (apart from temporary loans obtained from the Company’s Bankers in the ordinary course of business) from the financial institutions, Company’s bankers and / or from any person or persons, firms, bodies corporate whether by way of loans, advances, deposits, bill discounting, issue of debentures, bonds or any financial instruments or otherwise and whether secured or unsecured which may exceed the aggregate of the paid up capital of the Company and its free reserves that is to say, reserves not set apart for any specific purpose; provided that the maximum amount of money so borrowed by the Board and outstanding at any one time shall not exceed the sum of Rs 1500 crores (Rupees one thousand five hundred crores only), subject to necessary provisions & approvals.

8. Authority to the Board to create mortgages / charges / hypothecation in any manner whatsoever on all or any of the immovable and movable properties of the Company present and fixture, of the whole or substantially the whole of the undertaking of the Company, ranking pari-passu or otherwise and / or second and / or subservient and / or subordinate to the mortgages / charges / hypothecation already created or to be created in future by the Company for securing any loans and / or advances and / or guarantees and / or any financial assistance obtained or may be obtained from financial institutions, banks or machinery suppliers and / or any other persons or institutions providing finance for purchase of assets and / or for the business of the Company or for working capital or for purchase of specific items of machinery and equipments under any deferred payment scheme or bills rediscounting scheme or in favour of trustees for Debentureholders / Bondholders / FCCB’s holders that may be appointed hereafter, as security for the debentures / bonds / FCCBs that may be issued by the Company, with power to take over the management business and concern thereof in certain events of default, on such terms and conditions and at such times and in such form and manner as the Board of Directors may deem fit, so that the total outstanding amount at any one time so secured shall not exceed the aggregate of the amounts consented by the Company by the Resolution passed at this meet pursuant to Section 293(J)(d) of the Companies Act, 1956 together with interest thereon and further interest, if any, cost, charges, expenses, remuneration payable to the trustees and all other monies payable by the Company, subject to necessary provisions & approvals.

Shetron - Outcome of EGM

Shetron Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on November 26, 2007, inter alia, have unanimously approved the following:

1. To issue, offer end allot in one or more tranches, in the course of domestic / international offerings to Domestic / Foreign Investors / Institutional Investors / Foreign Institutional Investors, Members, Employees, Non-Resident Indians, Companies or Bodies Corporate whether incorporated in India or abroad Trusts, Mutual Funds, Banks, Financial institute Insurance Companies, Pension Funds, Individuals or otherwise, whether shareholders of the Company or not, through a Public issue, Rights Issue, Preferential Issue and / or Private Placement, with or without an over-allotment option, Global Depository Receipts (GDRs) and / or American Depositary Receipts (ADRs) convertible into equity shares, foreign currency convertible bonds (FCCBs), warrants convertible into depositary receipts with underlying equity shares / equity shares / equity share or a combination of the foregoing ("Securities") secured or unsecured, listed on any stock exchange inside India or any international stock exchange outside India, through an offer document and / or prospectus and / or offer letter and / or offering circular, and / or listing particulars, as the Board in its sole discretion may at anytime or times hereafter decide, for an aggregate sum of upto US$25 million or equivalent in Indian / or any other currency (ies) with such premium as may be appropriate, wherever necessary in consultation with the lead managers, subject to necessary provisions & approvals.

2. To borrow (for Company purposes) on such terms and conditions as they may deem fit, monies in excess of the aggregate of the paid-up capital of the Company and its free reserves, that is to say, reserves not set aside for any specific purpose, but so that the total amount of the monies which may be borrowed together with the monies already borrowed by the Company (apart from short term loans obtained from the Companies bankers in the ordinary course of business), shall not exceed Rs 20,000 lacs, subject to necessary provisions & approvals.

3. To issue, offer and allot upto 2 million warrants ("Warrants") on preferential allotment basis, on such terms and conditions and in such manner the Board may think fit, each Warrant entitling the holder thereof to apply for and be allotted one (1) equity share of Rs 10 per Warrant, which conversion must be made within a period not exceeding eighteen (18) months from the date of allotment of the Warrants, in one or more tranches, in accordance with SEBI (DIP) Guidelines and other relevant guidelines as may be applicable, such that the equity shares to be issued on exercise of Warrants so issued or allotted, give rise in aggregate upto 20,00,000 (twenty lakh only) equity shares of Rs 10/- each fully paid up at a premium of not less that Rs 50/ per equity share aggregating to Rs 12,00,00,000 (Rupees twelve crores only) of which a sum of upto (10%) per Warrant would be payable at the time of allotment of the Warrant (aggregating upto Rs 1,20,00,000 (Rupees One crore and twenty lakhs) and balance sum of (90%) per Warrant aggregating to Rs 10,80,00,000 (Ten crore eighty lakhs only) would be payable at the time of exercise of the Warrant to:

i) Shetron Enterprises Pvt Ltd: upto 10,00,000 Warrants and

ii) Konjal Machines Pvt Ltd: upto 10,00,000 Warrants;

on such terms and conditions and in such manner as the Board may think fit and such equity shares to be allotted to the holders of the Warrants on exercise shall rank pari-passu in all respects including entitlement for dividend with the then existing equity shares of the Company, subject to necessary provisions & approvals.

Sharon Bio-Medicine Board to consider dividend

Sharon Bio-Medicine Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 06, 2007, to consider the following:

1. To Adopt and approve Balance Sheet together with Profit & Loss Account for the year ended June 30, 2007 as at that date of the Company & Report of Directors and Auditor thereon.

2. To Recommend Dividend.

Kinetic Engineering - Outcome of EGM

Kinetic Engineering Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on November 06, 2007, inter alia, have passed the following resolutions:

1. To increase Authorised share capital of the Company from Rs 50.00 crores to Rs 63.40 crores by creation of 8,57,400 Optionally Convertible Cumulative Preference Shares of Rs 156/- each and 24560 Unclassified Shares of Rs 10/- each.

2. To alter Clause V of Memorandum of Association of the Company to reflect above increase in Authorised share capital.

3. To alter Article 3 of Articles of Association of the Company to reflect above increase in Authorised share capital.

4. To isue 8,65,384 Nos. of Optionally Convertible Cumulative Preference Shares (OCCPS) of face value of Rs 156/- each to Micro Age Instruments Pvt Ltd (MAIPL) on preferential basis, in accordance with the Guidelines prescribed by SEBI in the Chapter XIII of the SEBI (Disclosure and Investor Protection) Guide 2000.

The said OCCPS shall be compulsorily convertible into one fully paid up equity share @ Rs 156/- each (Rs 10/- face value + Rs 146 premium) within a period of 18 months from the date of allotment. Proceeds of the issue will be utilised to meet with the need of long-term working capital.

5. To increase borrowing power from 200 Crores to 300 Crores in order to enable the Board of Directors to meet with the long - term fund requirement of the Company.

6. To issue 1,50,00,000 Nos. of Redeemable Non - Convertible Non - Cumulative Preference Shares of Rs 10/- each to Reliance Capital Ltd (RCL) on preferential basis, in accordance with the Guidelines prescribed by SEBI in the Chapter XIII of the SEBI (Disclosure and Investor Protection) Guidelines, 2000.

For redemption of 1,50,00,000 (One Crore Fifty Lac) RNCNCPS of Rs 10/- each, fully paid-up issued earlier to RCL, it is proposed to issue 1,50,00,000 (One Crore Fifty Lac) RNCNCPS of Rs 10/- each fully paid-up at par to RCL. The said RNCNCPS will be redeemed at the end of 18 months period from the date of allotment with redemption premium @ 14% p.a. in case of delay in redemption it will carry additional 2% p.a. redemption premium.

Alok Industries - Updates

With reference to the earlier announcement dated August 17, 2007 and August 21, 2007 about the fire at its Texturizing plant at Rakholi / Savli, Silvassa, in the Union Territory of Dadra & Nagar Haveli on August 16, 2007, Alok Industries Ltd has now informed BSE that the Texturising Plant at the same location as the earlier one has been restored and commercial production commenced.

Nucleus Software opens Regional Development Centre in Chennai

Nucleus Software Exports Ltd on November 27, 2007 announced the set up of a new development center in Chennai, India. The centre of excellence, located in Ambattur Industrial Estate, will focus on development and implementation for the client base in South Asia. With a capacity of over 200 seats, the centre is state of an art facility with world-class infrastructure to support growing customer needs. The Company is looking at widening its global reach and strengthening their position in the region with this move.

Commenting on the occasion, Mr. Vishnu R Dusad, CEO & Managing Director of the Company said, "Our selection of Chennai as a location is to re-iterate our commitment for the South India and South Asia markets. With establishment of a information technology infrastructure, state-of-the-art facilities and its high-quality engineering universities, Chennai was the ideal choice."

"The South Asian region has always been a strategic and promising market for Nucleus. As the demand in the region intensifies, we would be well positioned to provide efficient delivery of the high-quality products and services to our customers, thereby reaffirming our leadership position," added Mr. Dusad.

Asian Hotels - Outcome of Board Meeting

Asian Hotels Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 27, 2007, had subject to the shareholders consent, decided to:

1. Alter the Object Clause of Memorandum of Association of the Company by inserting a sub-clause in the "Other Objects" to enable the Company to take up the business of generation of power and related activities.

2. Take up the aforesaid activity of generation of power.

Accordingly, the Board decided to seek approval of the shareholders for the above proposals respectively, by conducting a postal ballot.

GVK Power - Updates

GVK Power & Infrastructure Ltd has informed BSE that pursuant to the Scheme of
Arrangement as approved by the Hon'ble High Court of Andhra Pradesh and Delhi the
Company on November 26, 2007 has acquired 12,06,16,200 equity shares of Rs 10/- each aggregating to 46.04% in GVK Industries Ltd from their respective Shareholders.

As a result, GVK Industries Ltd has become a wholly owned subsidiary of the Company.

KEC International secures two new projects worth Rs 400 crores

KEC International Ltd has announced that the Company has bagged two contracts in Saudi Arabia and Namibia worth Rs 260 crores and Rs 140 crores respectively through an international competitive bidding process.

In Saudi Arabia, the contract, to be completed in 22 months, is for the Saudi Arabian Mining Company (MA'ADEN). It is a turnkey job of 380 KV double circuit transmission lines of 123 Kms. length connecting Saudi Arabia Electricity Company's substation to MA'ADEN Power Plant Site at Ras Az Zawr. The Company had earlier won a project in Saudi Arabia worth Rs 95 crores in June 2007.

In Namibia, the Company has been awarded a turnkey job of 350 KV double circuit bipolar HVDC transmission line of 306 Kms. from Bagani to Zambezi for NAMPOWER. This project has a completion period of 22 months.

"Both these orders are very significant for KEC. The Saudi Arabian contract is from a mining Company which marks an expansion of our client base from the current clientele which largely comprises of utilities", said Ramesh Chandak, Managing Director, of the Company. "The turnkey job in Namibia along with a tower supply order obtained earlier in South Africa, marks our full-fledged entry into the South African Development Council (SADC) market. With this entry, KEC can now boast of complete geographical coverage of the African continent", he continued.

Insul Electronics - Outcome of Board Meeting

Insul Electronics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 27, 2007, the following allotment was done on preferential basis to Kotak Alternate Opportunities (India) Fund, Trustee is Kotak Mahindra Trusteeship Services Ltd, Represented by Investment Manager, Kotak Investment Advisors Ltd:

a. 10000 Equity Shares of Rs 10/- each at Premium of Rs 1157/- per share.

b. 11,90,000 Optionally Convertible Redeemable Preference shares (OCRPS) of Rs 10/- each at a premium of Rs 1157/- per share.

Shringar Cinemas - Updates

Shringar Cinemas Ltd has informed BSE that Shringar Films Ltd., a 100% subsidiary (and the distribution arm) of the Company has tied up with Pyramid Saimara Theatre Ltd (PSTL) to distribute 'Halla Bol' in the Delhi and UP territory.

'Halla Bol' which has been directed by Rajkumar Santoshi, is scheduled to be released on December 21, 2007 and has a star cast that comprises of Ajay Devgan, Vidya Balan among others.

Speaking on the announcement, Shravan Shroff, Managing Director of the Company said that "we are extremely proud to be associated with PSTL for 'Halla Bol', and we are confident that is would be the start of an extremely fruitful working relationship with PSTL, and we look forward to greater alliances with them in future."

Indoco Remedies fixes Book Closure for Dividend & AGM

Indoco Remedies Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 15, 2007 to December 22, 2007 for the purpose of payment of dividend & Annual General Meeting (AGM) of the Company to be held on December 22, 2007.

Walchandnagar Industries fixes Book Closure for Dividend & AGM

Walchandnagar Industries Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from January 24, 2008 to January 30, 2008 (both days inclusive) for the purpose of payment of dividend & 99th Annual General Meeting (AGM) of the Company to be held on January 30, 2008.

IOL Broadband - Updates

IOL Broadband Ltd has announced that it has signed a VOIP service providers agreement with MTNL last week. MTNL has taken a bold step in introducing VOIP services in keeping with the Global trend of Telcos to enhance their ARPU's. This agreement will allow the Company to interconnect with millions of MTNL subscribers with local / STD / International calls at very low rates. The Company's spokesperson said that in the first year, the Company is planning a capacity of 100 million minutes going upto 1 billion minutes in two years time and expecting huge increase in VOIP and Broadband connections in the near future.

The Company announces availability of videophones to all its Broadband subscribers along with VOIP phone and teleconferencing services.

With this agreement the Company is now able to offer bundled voice - video - data - triple play services in addition to IPTV Services.

GVK Power - Updates

GVK Power & Infrastructure Ltd has informed BSE that Mumbai International Airport Pvt Ltd, an associate Company of the Company on November 27, 2007 has awarded the Duty Free Contract to DFS Ventures Singapore (Pte) Ltd for a period of three years with an option to extend for another year.

Ras Propack fixes Book Closure for AGM

Ras Propack Lamipack Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 19, 2007 to December 21, 2007 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company.

Rasi Electrodes fixes Record Date for Bonus Issue

Rasi Electrodes Ltd has informed BSE that December 20, 2007 has been fixed as the Record Date for determining the shareholders who are eligible for allotment of Bonus Equity Shares in the ratio of TWO Bonus Equity Shares for every FIVE equity shares held by the shareholders.

Logix Microsystems - Postponement of Board Meeting

Logix Microsystems Ltd has informed BSE that due to unavoidable circumstances, the meeting of the Board of Directors of the Company scheduled to be held on November 27, 2007, has been postponed and the same will be held on December 03, 2007, to consider the following:

1. Issue of Shares for acquisition of majority interest in overseas Company in USA.

2. Issue of Warrants on preferential basis to promoters and associates.

3. Issue of shares under ESOP.

4. Fix date for convening Extra-Ordinary General Meeting.

Star Paper Board recommends dividend

Star Paper Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 26, 2007, inter alia, has recommended a dividend of Rs 1.75/- (Rupee one & seventy five paise only) per share, subject to necessary approvals.

Varun Shipping - Issue of equity shares on conversion of OFCWs allotted on preferential basis

Varun Shipping Company Ltd has informed BSE that consequent to the exercise of option for conversion of 100,000 Optionally Fully Convertible Warrants (OFCWs), which were allotted on Preferential basis to Mr. Arun Mehta, Vice Chairman & Managing Director, the Committee of Directors at its meeting held on November 26, 2007, has issued and allotted 100,000 equity shares to Mr. Arun Mehta at a price of Rs 75 per share (i.e Rs 10 on capital account and Rs 65 on premium account).

Gail India Board to consider interim dividend

Gail India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 17, 2007, inter alia, to consider the proposal of Interim Dividend for Financial Year (FY) 2007-2008.

Further the Company has informed that, December 22, 2007 has been fixed as the Record Date for the purpose of payment of Interim Dividend for FY 2007-08, if approved.

Bhagawati Gases - Updates

Bhagawati Gases Ltd has informed BSE that the Company has signed a Memorandum Of Understanding on November 13, 2007 with "ROTOR-1 Ltd" presenting Design Bureau "Geophyspribor" of Russian Academy of Science having registered office in Russia at 77B Lenina Street, Kursk Russian Federation for bidding Tender no. - ZA24L07005 of Oil and Natural Gas Corporation Ltd for "Hiring Of Services for Low Frequency Passive Seismic Survey For Direct Detection of Hydrocarbon in South Kadi Area of Western Onshore Basin in The State Of Gujarat(India)".

Vishal Retail - Opening of New Showrooms

Vishal Retail Ltd has informed BSE that the Company has opened two new showrooms at:

- Sai Road, Baddi, District Solan, Himachal Pradesh spread over an area of 12,000 Sq. Ft. (Approx) on November 24, 2007.

- L-10, Mahipalpur-Mehrauti Road., Mahipalpur, Vasant Vihar, New Delhi spread over an area of 12,750 Sq. Ft (Approx) on November 25, 2007.

The total no. of stores opened by the Company has reached to the tally of 72 stores spreading across an area of 1,689,164 sq. Ft.(Approx).

Jain Irrigation - Updates

Jain Irrigation Systems Ltd has informed BSE that pursuant to the Order dated November 15, 2007, of Board of Industrial and Financial Reconstruction (BIFR) sanctioning the Scheme of
Rehabilitation including amalgamation of Orient Vegetexpo Ltd. with the Company in terms of Section 19(3) read with Section 18(4) of the Sick Industrial Companies (Special Provisions) Act, 1985. Following are the particulars regarding the Order.

- Appointed Date of Amalgamation: April 01, 2006

- Date of Order of BIFR: November 15, 2007

Effective Date of amalgamation: The date on which certified copy of the order of the BIFR sanctioning the Scheme has been filed with the Registrar of Companies, Maharashtra, Mumbai.

The sub committee of Board shall now meet on December 07, 2007 to consider allotment of Equity Shares under the Scheme.

NTPC - Outcome of Board Meeting

National Thermal Power Corporation Ltd (NTPC) has informed BSE that the Board of Directors of the Company at its meeting held on November 26, 2007, has transacted the following:

1. Given the investment approval for Mauda Thermal Power Project (2 X 500 MW) in the State of Maharashtra at an appraised estimated cost of Rs 54,592.79 million.

2. Given the investment approval to undertake Renovation and Modernisation works at Kawas Gas Power Station (645 MW) in the State of Gujarat at an estimated cost of Rs 5974.90 million.

3. Approved the Company's equity investment in Bhartiya Rail Bijlee Company Ltd (a subsidiary of the Company) upto Rs 11882.60 million (equivalent to 74% of equity contribution) to enable it to implement 4X250 MW Nabinagar Thermal Power Project in the State of Bihar, subject to prior proportionate equity contribution by Railways.

Shiva Cement - Limited Review for the quarter ended Sep 30, 2007

Shiva Cement Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"The provision for fringe benefit tax & Deferred Tax has not been made in the accompanying Quarterly results."

Bata India - Limited Review for the quarter ended Sep 30, 2007

Bata India Ltd has informed BSE that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

"1(a) In the absence of physical verification / valuation of the stock of the Company, the same has been accounted for as per the book balances. The Company is unable to comment upon the impact, if any, on these accompanying results, had such verification and valuation been undertaken. In respect of the above, the auditors report for the previous quarter was similarly modified.

Limited review of the previous quarter also contains the above qualification. Separate prescribed disclosures in respect of reasons for non resolution and steps intends to be taken to resolve such qualification in line with Clause 41 of the listing agreement was not made in these accompanying results.

1(b) Reasons for improvements in profit disclosed in Note No. 1 of the accompanying un-audited financial results can not be commented on by the Auditors being of a qualitative nature.

1(c) Reasons for growth in net turnover as disclosed in Note No. 2 of the accompanying un-audited financial results can not be commented on by the Auditors being of a qualitative nature."

Entertainment Network - Updates

Entertainment Network India Ltd has informed BSE that with effect from 8.00 a.m. on November 24, 2007, the Company has commenced broadcast from its radio station at Mangalore.

Jaiprakash Associates fixed Record Date for Stock Split

Jaiprakash Associates Ltd has informed BSE that December 26, 2007 has been fixed as the Record Date for the purpose of sub-division / stock split of Rs 10/- per Equity Share of the Company into five Equity Shares of Rs 2/- each.

Nestle India Board to consider second interim dividend

Nestle India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 08, 2007, to consider declaration of Second Interim Dividend for the year 2007, if any.

Further the Company has informed that, December 14, 2007 has been fixed as the Record Date for the purpose of payment of Second Interim Dividend for the year 2007, if any.

Godrej Industries - Updates

Godrej Industries Ltd has informed BSE that the Board of Directors have vide a circular resolution approved entering into strategic partnership / joint venture or sale of the Medical Diagnostic business. The Board has also approved holding of an Extra Ordinary General Meeting of the Members of the Company on December 28, 2007 in this connection.

3i Infotech - Updates

3i Infotech Ltd has informed BSE that consequent to the approval of the High Court of Judicature at Andhra Pradesh, and the filing of the Court Order with the Registrar of Companies at Hyderabad, the Company has now completed all the formalities for the amalgamation of the Company's wholly owned subsidiary, SDG Software Technologies Ltd (SDG), Hyderabad with the Company.

Swasti Vinayaka Board declares interim dividend

Swasti Vinayaka Synthetics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 26, 2007, inter alia, has recommended interim dividend of Re 0.05 per equity shore of Re 1/- each (5%) aggregating to Rs 35,00,000/- on paid up capital of Rs 7,00,00,000/- of the Company.

SPL Polymers - Outcome of AGM

SPL Polymers Ltd has informed BSE that the members at the 18th Annual General Meeting (AGM) of the Company held on October 19, 2007, inter alia, have accorded the following:

1. Adoption of the audited Balance Sheet of the Company for the year ended June 30, 2007 and the Profit & Loss for the year ended on that date together with the Directors and the Auditors Report thereon.

2. Re-appointment of Mr. N Gopal & Mr. Arvind R Desai as Directors of the Company.

3. Re-appointment of M/s. Yogesh Mehta & Company, Chartered Accountants, Mumbai, as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.

4. Authority to the Board to the creation such mortgages, charges and hypothecations in addition to the existing mortgages, charges and hypothecations created by the Company as may be necessary on such of the assets of the Company both present and future, in such manner as the Board may direct, in favour of the financial institutions, banks, mutual funds, overseas banks and other bodies corporate ("Lending Agencies") to secure rupee term loans / foreign currency loans and other instrument of an equivalent aggregate amount not exceeding Rs 10.00 crores (Rupees ten crores only) together with the interest thereon at the agreed rates, further interest, liquidated damages, premium on pre-pay merit or on redemption, costs, charges, expenses and all other moneys payable by the Company to the Lending Agencies under the respective Agreement / Loan Agreement to be entered into by the Company in respect of the said borrowings, subject to necessary provisions & approvals.

5. Authority to the Board of Directors of the Company to borrow from time to time all such sums of money as they deem requisite, notwithstanding that moneys to be borrowed together with moneys already borrowed by the Company (apart from temporary loans obtained from the Company’s bankers in the ordinary course of business) will exceed the aggregate of the paid-up capital of the Company and its free reserves, that is to say reserves not set apart for any specific purpose, provided that the total amount upto which the moneys may be borrowed by the Board of Directors shall not exceed the sum of Rs 50.00 crores (Rupees fifty crores only) at any time, subject to necessary provisions & approvals.

HCL Technologies - Independent Global User Survey Ranks HCL Technologies No.1 in Infrastructure Outsourcing

HCL Technologies Ltd on November 26, 2007 has announced that it has been ranked as the world's No. 1 Infrastructure Outsourcing vendor by the Brown-Wilson Group for The Black Book of Outsourcing (Wiley Publishers). This report is a subset of the globally respected Annual Black Book Global User Survey.*

Of the 276 global vendors qualified for this survey, HCL, EDS, CSC, Unisys and IBM took the top five spots. The rankings were derived based on user ratings spanning 18 criteria of ITO Infrastructure Operational Excellence. HCL not only occupies the top spot on this list, but also holds the distinction of being the only Indian Company in the top 10.

Notably, HCL was ranked #1 in the following infrastructure sub-categories in this survey:

• ITO: On-Site Comprehensive / End-to-End Infrastructure Services
• ITO: Remote Comprehensive / End-to-End Infrastructure Services
• ITO: Infrastructure Subset: Desk Top Support Services
• ITO: Infrastructure Subset: Storage & Servers

The Company also topped the list in 13 of the 18 criteria of ITO Infrastructure Operational Excellence including Vendor Overall Preference / Highest Recommendation, Client Relationships, Breadth of Offerings, Client Types, Delivery Excellence, Deployment and Outsourcing Implementation, Integration and Interfaces, Compensation and Employee Performance, Reliability, Brand Image, Marginal Value Adds, Viability, Data Security and Backup Services, Support and Customer Care, Best of Breed Technology and Process Improvement.

"It is a great honor to be ranked as No.1 in the infrastructure vendor category," stated Anant Gupta, COO, HCL, ISD. "As the result of a Global User Survey, this ranking is a clear reflection of the continued transformational value that we have created for our customers matched with high levels of delivery excellence. As an organization with a clear IT Infrastructure DNA, we continue to be focused on delivering actionable innovation, transparency, flexibility and sustainable value-adds to our clients and being a partner in accelerating their profits and growth."

The Black Book initiative sponsors the only annual, independent, non-biased ranking of 300 outsourcing advisors and 4,500 vendors as completely scored from over 20,000 outsourcing users’ and clients’ ballots. In addition to identifying The Top 50 Best Managed Global Outsourcing Vendors, 12 sublists were created from eighteen criteria of operational excellence and client satisfaction with outcomes. The Infrastructure ranking is based on vendor evaluation across 18 points of ITO Infrastructure Operational Excellence, including innovation, training, breadth of offerings, client adaptability, reliability, support and customer care, among others.

HCL pioneered the concept of Remote Infrastructure Management (RIM) with a co-sourcing model of engagement, which has added substantial value to customers Including 57+ Global 1000 enterprises. The Company was cited as a leader in European RIM and Global IT Infrastructure Outsourcing by Forrester and was ranked No.1 'Specialty Offshore Infrastructure Services Provider' by NeoIT and 'Managing Offshore' magazine. HCL has also been ranked as the World No.2 in IT Infrastructure Services by Global Services 100 Survey.

ONGC Board to consider interim dividend

Oil & Natural Gas Corporation Ltd (ONGC) has informed BSE that a meeting of the Board of Directors of the Company will be held on December 22, 2007, inter alia, for considering the declaration of Interim Dividend.

Further the Company has informed that, December 27, 2007 has been fixed as the Record Date for the purpose of payment of interim dividend for the financial year 2007-08.

Colgate Palmolive Board declares first interim dividend

Colgate Palmolive India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 26, 2007, inter alia, has transacted the following:

1. Declared a first interim dividend @ Rs 6/- (Rupees six only) per equity share of Re 1/- (reduced face value) for the financial year ending March 31, 2008. The said interim dividend will be paid on the paid-up share capital of Rs 13.60 crore involving a total pay-out of Rs 95.50 crore (dividend distribution tax).

2. Resolved to refund Rs 9/- per share towards reduction in the face value of shares from Rs 10/- to Re 1/- per share, in terms of the special resolution passed by shareholders at the Annual General Meeting held on July 27, 2007 and confirmed by the Bombay High Court vide its order dated September 27, 2007. The reduction of share capital became finally effective November 01, 2007 when the Registrar of Companies registered the said High Court order.

Sadhana Nitro Board to consider Rights Issue

Sadhana Nitro Chem Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 07, 2007, inter alia, to consider increase in authorised capital & further issue of shares on rights basis.

IOL Broadband - Updates

IOL Broadband Ltd has informed BSE that the Company will be securing the consent of the Board of Directors of the Company through circular resolution on the following :

1. Issue of equity / equity warrants by way of preferential issue to the individuals / corporate bodies under the provisions of the Companies Act, 1956 and SEBI (Disclosure and Investor Protection) Guidelines, 2000.

2. Change of name of the Company.

Garware Marine - Board Meeting on Nov 30, 2007

Garware Marine Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 30, 2007, to consider and discuss various options
of raising funds.

SEL Manufacturing acquires 99% stake in firm Kudu Industries

SEL Manufacturing Company Ltd has informed BSE that the Company has increased its stake to 99% in Kudu Industries, Ludhiana as a partner in the said partnership firm. The firm is having dyeing capacity of 4500 tons/p.a. in fabric and 3000 tons/p.a. in yarn. Further the firm also has Flat Bed Printing, Rotary Printing & Mercerising capacities of 2400 tons/p.a. The acquisition of stake would help the Company in value addition through manufacturing of dyed yarn & printing of fabric & readymade garments.

Dr Reddys & Argenta Discovery progress pre-clinical anti-inflammatory candidate to treat chronic respiratory disease

Dr Reddys Laboratories Ltd has informed BSE that Argenta Discovery Ltd, the respiratory drug discovery and development Company, and the Company, on November 26, 2007 announce a major milestone in their development programme targeting a novel disease-modifying approach to treat the underlying cause of certain chronic respiratory diseases including chronic obstructive pulmonary disease (COPD) and severe asthma.

Argenta's Chief Executive Officer, Dr. Christopher Ashton said: "Just 18 months after signing the deal with Dr Reddy's, the team has already selected the first candidate drug to proceed into pre-clinical development. We are very excited by the exceptional progress this programme has made within such a short timeframe. With GMP material already manufactured we are on target to enter Phase I in mid-2008 and Phase II in 2009. We believe we are first-in-class for this inhaled anti-inflammatory approach to treat chronic respiratory disease."

Under the terms of the licensing agreement announced in February 2006, Argenta and the Company are collaborating to identify clinical candidates against an undisclosed but proven anti-inflammatory drug target and to develop these candidates to Phase II proof-of-concept.

Ashton added: "The programme is also likely to deliver high quality back-up candidates in the near future, which is testament to the overall strength and depth of the approach. This rapid progress towards the clinic is further validation that Argenta's innovative 'fast forward' strategy for the rapid development of new respiratory medicines against well validated, precedented drug targets has achieved significant momentum. We are building a strong pipeline and have the funds to take all our programmes as far as clinical proof-of-concept."

Coral India - Board Meeting on Nov 27, 2007

Coral India Finance & Housing Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 27, 2007, to consider issue of Warrants on preferential basis.

Stovec Industries - Updates

Stovec Industries Ltd has informed BSE about the following:

The shareholding of the Company to the extent of 51% is held by Stork Prints B.V. which is a subsidiary of Stork N V.

The Company reproduce below a joint press release from Stork NV. and Bencis Capital Partners BV made on November 13, 2007.

"Stork N V and Bencis Capital Partners B V have concluded the sale of 60% of the interest in Stork Prints to Bencis. The sale ties in with Stork's objective of achieving greater focus in its activities. The transaction is based on an enterprise value of € 102 million for the whole of Stork Prints.

Stork Prints will continue to operate under its current name and supported by Bencis, the existing management will continue to focus on expanding graphic activities whilst maintaining its leadership position in the worldwide textile market. Some 1,350 employees will be involved in the takeover. There will be no immediate negative consequences for current employment levels at Stork Prints. The works councils have responded positively and the trade unions have been informed. Also the transaction has been approved by the relevant Competition Authorities.

Stork supplies systems, components and services in which the specialised Stork know-how in technology and production processes is applied. Its core activities are Aerospace, Food Systems and Technical Services. The Company achieved a turnover of € 2 billion in 2006 with 12,714 employees.

Bencis is an independent investment Company targeting mediumsized Companies in the Benelux countries. The current portfolio includes chemicals distributor Quaron, sports chain store AktiesportlPerry Sport and the graphic concern Neroc."

Parsvnath Developers - Updates

Parsvnath Developers Ltd has informed BSE that the Company has incorporated a subsidiary Company viz. "Parsvnath Retail Ltd" on November 19, 2007 for undertaking retail business in India.

Rane Holdings equity shareholders to approve Scheme of Demerger, Merger & Amalgamation

Rane Holdings Ltd has informed BSE that pursuant to the Order made by the High Court of Judicature at Madras, a meeting of the equity shareholders of the Company will be held on November 28, 2007, for the purpose of considering, and if though fit, approving, with or without modification, the Scheme of Demerger, Merger and Amalgamation proposed to be made between Rane Engine Valves Ltd, Rane Brake Lining Ltd, Techcons Ltd, Rane Brake Products Ltd and the Company and their respective shareholders.

Rane Brake equity shareholders to approve Scheme of Demerger, Merger & Amalgamation

Rane Brake Linings Ltd has informed BSE that pursuant to the Order made by the High Court of Judicature at Madras, a meeting of the equity shareholders of the Company will be held on November 28, 2007, for the purpose of considering, and if though fit, approving, with or without modification, the Scheme of Demerger, Merger and Amalgamation proposed to be made between Rane Engine Valves Ltd, Techcons Ltd, Rane Brake Products Ltd, Rane Holdings and the Company and their respective shareholders.

Solix Technologies - Press Release

Solix Technologies Ltd has informed BSE that Solix Technologies Inc., a subsidiary of the Company has announced that its Solix EDMS 4.0 has received the "Designed for EMC® Documentum®" accreditation, a mark of quality and value that customers can depend on in enterprise applications. The "Designed for EMC Documentum" accreditation demonstrates that Solix EDMS 4.0 has successfully met a comprehensive set of criteria for solid design and quality integration.

"EMC's position as the leader inenterprise content management is strengthened by the support of great partners such as Solix," said Randy Ziegler, Director of Developer Programs at EMC Corporation. "Partners like Solix build solutions and applications on the Documentum platform because customers have demonstrated their trust in EMC Documentum to manage their most critical and strategic information. The accreditation program is another way EMC earns that trust while supporting innovative offerings like Solix EDMS 4.0."

Mayur Leather Board declares interim dividend

Mayur Leather Products Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 26, 2007, inter alia, has declared Interim Dividend @ 8% i.e. Rs 0.80 per equity share of Rs 10/- each for the financial year 2007-2008.

Maxwell Industries Board to consider dividend

Maxwell Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 27, 2007, to conduct the following business:

1. To consider and decide the re-convening of the 16th Annual General Meeting for the financial year 2005-06, fix the day, date, time and venue of the meeting and to consider and approve the draft notice for re-convening the 16th Annual General Meeting of the Company.

2. To adopt the accounts for the financial year 2006-07 and consider the dividend to be paid for that period, if any.

3. To consider and decide the convening of the 17th Annual General Meeting for the financial year 2006-07, fix the day, date, time and venue of the meeting and to consider and. approve the draft notice for convening the 17th Annual General Meeting of the Company.

4. To consider and decide on the closure of Register of Members and Share Transfer books.

MRF Board to consider final dividend

MRF Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 14, 2007, inter alia, to transact the following business:

1. To consider, approve and publish the Annual Audited Results for the year ended September 30, 2007 alongwith the figures for the last quarter ended September 30, 2007.

2. Recommendation of final Dividend, if any.

Software Technology - Board Meeting on Dec 01, 2007

Software Technology Group International Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 01, 2007, inter alia, to consider proposal of issuing of warrants on preferential basis to some Strategic Non-Promoters Investors and to fix a general meeting seeking approval of shareholders for the said preferential allotment.

Ipca Laboratories - Allotment of Equity Shares under ESOS

Ipca Laboratories Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 26, 2007, has allotted 88,750 fully paid-up equity shares of Rs 10/- each of the Company @ Rs 200/- per equity share upon exercise of options by allottees to whom options were granted on September 23, 2006 pursuant to Ipca Laboratories Ltd - Employees Stock Option Scheme 2006.

The equity shares now allotted would rank pari-passu in all respects with the existing paid-up equity share capital of the Company.

With this allotment, the paid up equity share capital of the Company is now increased to Rs 25,08,87,500/- divided into 2,50,88,750 equity shares of Rs 10/- each.

JHS Svendgaard - Updates

JHS Svendgaard Laboratories Ltd has informed BSE that the Company has received the Top Exporter of Toothbrushes including Dental Plate Brushes from India award again FOURTH time in a row, from 'The Plastics Export Promotion Council (PLEX)', sponsored by Ministry of Commerce, Government of India.

IVRCL Bags Orders valued Rs 329.32 Crores

IVRCL Infrastructures & Projects Ltd has announced that the Company has received new orders of the value of Rs 329.32 Crores as detailed hereunder:

PUNE REGION

(a) Name of the Work: Awarded by Naya Raipur Development Authority (NRDA):

- Construction of State Secretarial Building including maintaining the building during defect liability period

Value of the Work : 179.12 Crores

(b) Name of the Work: Awarded by Pimpri Chinchwad Municipal Corporation:

(i) Construction of 1456 tenements in P + 7 Building at Milind Nagar

Value of the Work : 53.83 Crores

(ii) Construction of 2320 tenements in G + 4 Building at Sector 22 'E'

Value of the Work : 71.13 Crores


CHENNAI REGION :

(c) Name of the Work : Awarded by Tamilnadu Water Supply and Drainage Board:

Construction of Sewerage Scheme to Thiruvarur Municipality in Zones I to V (Packages I and II)

Value of the Work : 25.24 Crores

GVK Power - Updates

GVK Power & Infrastructure Ltd (GVKPIL) has informed BSE that in terms of the Scheme of Arrangement amongst GVK Industries Ltd and GVK Power & Infrastructure Ltd and their respective Shareholders, as approved by Hon'ble High Courts of Andhra Pradesh and Delhi, the Share Allotment & Transfer Committee of the Company at its meeting held on November 24, 2007 has allotted 90,46,215 Equity Shares of Rs 10 each to the respective shareholders of GVK Industries Ltd (other than GVKPIL).

Panasonic AVC Networks - Updates on Delisting Offer

ICICI Securities Ltd ("Manager to the Offer"), on behalf of Matsushita Electric Industrial Company Ltd ("Acquirer") has issued this Public Announcement to the equity shareholders of Panasonic AVC Networks India Company Ltd ("Target Company"), which is in continuation of and should be read in conjunction with the Public Announcement ("PA") dated August 31, 2007, in respect of the proposed acquisition of the fully paid-up equity shares of Target Company and subsequent delisting of the Company, pursuant to the Securities and Exchange Board of India (Delisting of Securities) Guidelines, 2003 ("the Guidelines") ("the Delisting Offer"), in respect whereof the book build period ended on September 28, 2007.

1. Discovered Price

The "Discovered Price" determined through the reverse book building process in accordance with the Guidelines (being the price at which the largest number of shares were validly tendered) is Rs 30.00 per share (the Discovered Price).

2. Exit Price and Delisting

The Acquirer has accepted the Discovered Price and will acquire all shares validly tendered at or below the Discovered Price in the Delisting Offer (the Exit Price). The settlement of funds will be according to the timelines specified in the PA.

Hexaware Technologies - Press Note

Hexaware Technologies Ltd on November 26, 2007 reported that its Board of Directors has appointed a special committee to conduct an internal investigation and make recommendations for changes to its foreign exchange management practices. This action is due to certain actively concealed and potentially fraudulent foreign exchange Option transactions conducted by one Hexaware official. The Hexaware official, who exercised unauthorised fiduciary powers, has been immediately suspended, pending Investigation. Hexaware plans to provision between US$ 20-25 million to cover any potential exposure as a result of these transactions.

The series of forex transactions in question were initiated over the last few months. These transactions were unauthorised and outside the Company's normal hedging program. The information regarding these transactions was intentionally withheld from the senior management and the 8oard of Directors and was not included in internal reports. The first transaction came to light on November 22, 2007. Preliminary investigations conducted over Friday, Saturday and Sunday led to uncovering of more such transactions.

"The need for provisioning is because or direct actions of one individual which were actively concealed," said Rusi Brij, Vice Chairman and CEO.

A meeting of the Board of Directors was called on November 26, 2007, where it was decided to appoint a Special Committee comprising the following independent directors, to conduct a thorough investigation into the transactions:

- Mr. Shailesh Haribhakti, Chairman of the Audit Committee
- Ms. Preeti Mehta, Partner, Kanga & Co.
- Mr. L S, Sarma, Member of Audit Committee

"As immediate steps, an embargo has been placed on all Option deals; future forex deals will necessarily have to be transacted jointly by two signatories out of the designated four from amongst the top management; the Company's authorised dealers are being informed about this procedure and the internal auditors (KPMG) are being asked to conduct a thorough audit of the function. The Company will continue to maintain the normal hedging strategy to protect against the rupee appreciation," said Shailesh Haribhakti, Chairman of the Audit Committee.

The Company will take all measures and actions as advised by the Special Committee of the Board of Directors, Statutory Auditors (Deloitte) and Legal Advisers, to mitigate the impact or the transactions and prevent recurrence of similar situations in the future.

"The Company's business remains robust and its future growth trajectory unaffected. Our order book, as of September 30, 2007, stands at over US$300 million. We will continue to build on that," added Rusi Brij.

Venus Remedies - Updates

Venus Remedies Ltd has informed BSE that the Company has successfully filed for Patent protection for its 4th Research Product, "Parenteral Combination Therapy for infective conditions with Drug Resistant Bacterium" in 48 countries across the globe, completing the National Phase of the 4th PCT well within the timeline.

The in-house Research and Development wing of the Company had developed this innovative remedy, a Fixed Dose Combination, as the only solution for treatment of Meningitis. The same was launched for the first time globally in Indian Market in October 2005 under Strategic Marketing Tie-ups with leading Indian MNCs, after filing for Indian Patent. The high-end niche product has fast penetrated the market for specialty formulations and grown to be an INR 250 million brand within 2 years of its launch.

The Company has selected 48 countries with high marketing potential for this product in a world market worth USD 900 million, including Australia, Brazil, Canada, China, E.U, New Zealand and USA, being major ones amongst the total.

Modern India - Updates

Modern India Ltd has informed BSE that the Company has made an application to the Government of Maharashtra, Urban Development Department seeking their permission to develop / redevelop the mill land.

Vide letter dated November 17, 2007 the said Government of Maharashtra, Urban Development Department has granted permission to the Company to develop / redevelop the mill land as per Regulation 58 of Revised Development Control Regulation Gr., Mumbai 1991.

Twilight Litaka - Updates

Twilight Litaka Pharma Ltd has informed BSE about the key developments which took place up to November 15, 2007.

- Company's "Nutra" Division has taken off and has started marketing in South, East, and West of the Country, eight prod namely CoQ Care, Arthicare SR, Antox Care, Bio Iron, Ocu Care, Uneed, Movital and Calm Cream were introduced. These products are well received in the market and initial response from the Doctors as well as customers has been very encouraging.

- Company has also launched five additional antibiotics namely, Zoxin, Lariclav, Amfect, Tufpime and Litazith. These brands include a range of injectibles which are showing a promising growth.

- Company has added 400 more representatives, making the total strength to around 1000 personnel. The added strength in the marketing division will enable the Company to reach its targets within the stipulated time.

- During the last six months Company's Domestic Sales has grown by 50%.

Reliance Energy - Allotment of equity shares

Reliance Energy Ltd has informed BSE that the Committee of Directors of the Company at its meeting held on November 26, 2007, has allotted 5,85,423 equity shares of Rs 10 each for cash at a price of Rs 1,006.92 (including a premium of Rs 996.92) per Share to various Foreign Institutional Investors against the conversion of 13,030 Zero Coupon Foreign Currency Convertible Bonds.

Consequent upon the said allotment, the paid-up capital of the Company stands increased to 23,46,95,323 fully paid-up equity shares of Rs 10 each.

Kriti Industries fixes Record Date for Stock Split

Kriti Industries India Ltd has informed BSE that December 20, 2007 has been fixed as the Record Date for the purpose of sub-division / stock spilt of Equity Shares of Rs 10/- per share to Re 1/- per share.

Steel Exchange fixes Book Closure for Dividend & AGM

Steel Exchange India Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 10, 2007 to December 14, 2007 (both days inclusive) for the purpose of payment of dividend & 8th Annual General Meeting (AGM) of the Company to be held on December 14, 2007.

Gulf Oil Corporation - Press Release

Gulf Oil Corporation Ltd has announced that the Company has received approval from the Karnataka Udyog Mitra to build a State-of-the-Art, mixed use IT Park on its 40 acres plot at Yellahanka. The Park will also provide Hotel / Services Apartments, Retails, Multiplexes and other facilities.

The approved Master Plan, prepared by the Indian arm of Singaporean Architects, M/s. RSP Architect Planners and Engineers Ltd, is for a total area of 5 million sq. ft. The facility is situated on the Bangalore-Hyderabad Highway (NH — 7), is strategically located 7 kms. from the new Bangalore International Airport, towards the city side. Bangalore is today the major centre for the IT / ITES industry and the Park will add to the phenomenal growth of Bangalore in the Hebbal-Yellahanka block. The location will be highly suitable for international organisations to make it their business destination. The Park will provide full facilities needed by Knowledge Industry players. The supporting infrastructure for hospitality, shopping and entertainment will have an international ambience and a futuristic model.

The actual development of the Park will be jointly done by the Company and Aasia Properties Development Ltd. (APDL) which is the Hinduja Group's property arm.

The Company had also announced the development of a Knowledge City at Hyderabad spread over 100 acres. This plan has been conceptualised and necessary approvals sought from the Government of Andhra Pradesh. The development will be of bigger magnitude and would be of futuristic nature considering the importance of India as a global destination.

Gitanjali Gems - Updates

With reference to the earlier announcement dated November 20, 2007, regarding Joint Venture with ARMO Netherlands Finance B.V., Gitanjali Gems Ltd has informed BSE that the Company has signed the Joint Venture Agreement with Netherlands based ARMO Netherlands Finance B.V. to form a Joint Venture Company 'Morellato India Pvt Ltd', by way of subscription to equal number of equity shares of the proposed Company. The effectiveness of this Joint Venture Agreement is subject to the fulfillment of certain conditions precedent.

Further the Company has informed that, the proposed joint venture Company will carry on the business of importing, wholesale, distribution and manufacture of watches, leather goods, writing instruments, jewellery and other products under the brand names Morellato, Miss Sixty, Just Cavalli, Molecole, John Galliano, Roberto Cavalli, Philip Watch, Pirelli, Pirelli Pzero, Sector, Moschino and such other brands as may be agreed between the Joint Venture Partners.

Rain Calcining - Updates

Rain Calcining Ltd has informed BSE that the Certified true copies of the Order of the Hon'ble High Court of Andhra Pradesh approving the Scheme of Arrangement consisting of the following:

(a) Transfer of Cement Business from Rain Industries Ltd to Rain Commodities Ltd with effect from July 01, 2006.

(b) Amalgamation of the Company with Rain Commodities Ltd with effect from April 01, 2007; and

(c) Transfer of Calcined Petroleum Coke (CPC) and Power Business from Rain Commodities Ltd to Rain Industries Ltd with effect from April 01, 2007;

have been filed with the Registrar of Companies, Andhra Pradesh on November 23, 2007. Accordingly, the Scheme has become effective from November 23, 2007 and the Company has been Amalgamated with Rain Commodities Ltd.

Zicom Electronic - Updates on Scheme of Arrangement

Zicom Electronic Security Systems Ltd has informed BSE that the Hon'ble High Court of Judicature at Bombay has at the hearing held on November 23, 2007, approved the Scheme of
Arrangement between the Company and Zicom Global Security Pvt Ltd ('Zicom Global') and their respective Shareholders ('Scheme') for the transfer of "Consumer Service (Retail) Group" Business in Zicom Global Security Pvt Ltd.

Bhuwalka Steel - Updates

Bhuwalka Steel Industries Ltd has informed BSE that the Company has entered into a Memorandum of Understanding on November 22, 2007 for Joint Development of land situated at Old Madras Road, Bangalore where, one of the units is situated. It is estimated about 1
Million Sq. Ft. of commercial / retail space may be developed in next 3 to 4 years.

Walchandnagar Industries Board recommends Dividend, Bonus Issue & Sub-division of Shares

Walchandnagar Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 25, 2007, inter alia, has transacted the following:

1. Recommended special 'Centenary Dividend' of 100% on the equity shares of Rs 10/- each i.e. dividend of Rs 10/- (Rupees Ten only) per share, as the Company is entering into its centenary year on November 25, 2007.

2. Re-appointed Mr. J L Deshmukh as Managing Director and Chief Executive Officer of the Company w.e.f. November 25, 2007 for a period of 5 years.

3. Appointed Mr. Chirag C Doshi as Managing Director of the Company w.e.f. November 25, 2007 for a period of 5 years.

Apart from the agenda items, the Board of Directors also considered and decided the following items:

4. Issue of Bonus Shares:

The Board recommended, subject to the approval of shareholders and other necessary regulatory approvals, if any, to issue Bonus Shares in the ratio of 1:1 (one bonus share for one share held).

5. Sub-division of shares:

The Board recommended, subject to the approval of shareholders and other necessary regulatory approvals, if any, to sub-divide the equity shares of the face value of Rs 10/- each into 5 equity shares of Rs 2/- each.

Reliance Communications - Allotment of Equity Shares on conversion of FCCBs

Reliance Communications Ltd has informed BSE that the Allotment Committee of the Board of Directors of the Company has, pursuant to requests received from the holders of Zero Coupon Foreign Currency Convertible Bonds (FCCBs) of US$ 1,000 each, allotted 25,39,513 equity shares of Rs 5 each at a predetermined premium of Rs 475.68 per equity share on November 24, 2007.

The allotted equity shares as aforesaid shall rank pari passu in all respect with the existing equity shares of the Company and shall be entitled for full dividend, if declared for the financial year 2007-08.

Consequent upon the said allotment, the paid-up capital of the Company stands increased to 206,10,95,399 fully paid-up equity shares of Rs 5 each.

Reliance Petroleum - RIL sells 4.01% of RPL's equity for Rs 4,023 crore to maximize overall shareholder value

Reliance Petroleum Ltd (RPL) has announced that Reliance Industries Ltd (RIL) has sold 18.04 crore equity shares, representing 4.01% of the equity share capital of Reliance Petroleum Ltd (RPL) out of its' holding of 75%. The aggregate sale consideration is Rs 4,023 crore.

After this sale, the shareholding of RIL in RPL is 70.99%.

RPL made an offering in May 2006 for 20% of its' equity represented by 90 crore shares. This offering was the most successful IPO until then with overall demand exceeding USD 32 billion.

The sale of RPL shares was conducted by transactions through the Stock Exchanges and has helped to further broad base the shareholding pattern of RPL. The number of shareholders of RPL has increased from 12 lac shareholders at the time of IPO to 16 lac.

The sale of shares monetizes only a very small portion of RIL's holding in RPL.

Reliance Industries sells 4.01% of RPL's equity for Rs 4,023 crore to maximize overall shareholder value

Reliance Industries Ltd (RIL) has announced that the Company has sold 18.04 crore equity shares, representing 4.01% of the equity share capital of Reliance Petroleum Ltd (RPL) out of its' holding of 75%. The aggregate sale consideration is Rs 4,023 crore.

After this sale, the shareholding of RIL in RPL is 70.99%.

RPL made an offering in May 2006 for 20% of its' equity represented by 90 crore shares. This offering was the most successful IPO until then with overall demand exceeding USD 32 billion.

The sale of RPL shares was conducted by transactions through the Stock Exchanges and has helped to further broad base the shareholding pattern of RPL. The number of shareholders of RPL has increased from 12 lac shareholders at the time of IPO to 16 lac.

The sale of shares monetizes only a very small portion of RIL's holding in RPL.

SRF Polymers - Open Offer

Enam Securities Pvt Ltd ("Manager to the Offer") on behalf of Bhairav Farms Pvt Ltd and Narmada Farms Pvt Ltd ("Acquirers") along with Mr. Arun Bharat Ram ("Person Acting in Concert or PAC") has issued this Public Announcement ("PA") to the shareholders of SRF Polymers Ltd ("Target Company"), pursuant to and in compliance with Regulation 11(2A) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto (the "Regulations").

The Offer

This Offer is being made by the Acquirers and PAC to the public shareholders (other than the Acquirers and the PAC) of the Target Company to acquire up to 531,597 fully paid up equity shares of Rs 10/- each of the Target Company ("Equity Shares") representing 8.24% of the outstanding voting paid up equity share capital of the Target Company at a price of Rs 180/- per fully paid up equity share ("Offer Price") payable in cash in terms of regulation 20 and 21 of the Regulations (the "Offer" or "Open Offer").

Schedule of Activities:

Specified Date: November 30, 2007

Date of Opening of the Offer: January 17, 2008

Date of Closing of the Offer: February 05, 2008

Godrej Consumer Board approves Rights Issue

Godrej Consumer Products Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 23, 2007, inter alia, has approved the issue of further equity shares by way of rights, upto a maximum amount of Rs 400 crore. The detailed structure and other terms of the Rights issue shall be decided by the Rights Issue committee of the Board at a subsequent point of time.

Power Grid Corporation - Updates

Power Grid Corporation of India Ltd has informed BSE that the Company has entered into a Joint Venture on November 23, 2007 with Reliance Energy Ltd. The Shareholders' Agreement and other Agreements to this effect were signed between the Company and Reliance Energy Ltd / Joint Venture Company on November 23, 2007 at Delhi. The Joint Venture Company has in its scope execution of about 300 kms. Transmission Lines from Parbati to Koldam and Koldam to Ludhiana. The Company will have a 26% equity holding in the Joint Venture Company and Reliance Energy Ltd will have 74% equity holding.

The above lines are part of elements of the Transmission system associated with Generation Projects viz. Parbati-II HEP and Koldam HEP. NHPC is establishing 800MW Parbati-II HER and NTPC is establishing 800MW Koldam HEP in the state of Himachal Pradesh.

Dhanus Technologies - Updates

Dhanus Technologies Ltd has informed BSE that the Company has entered into a Memorandum of Understanding with a E-Governance Solution Provider Company called Sreeven Infocom Pvt Ltd., Hyderabad on November 21, 2007.

The MOU Provides for conversion of Sreeven Infocom Pvt Ltd., into a Public Limited Company and Subsequently allot around 2.5 million Equity Shares of Rs 10/- each (at a premium of Rs 10/- each) Subject to the Company obtaining the necessary regulatory approvals.

Tayo Rolls - Outcome of EGM

Tayo Rolls Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on November 23, 2007, inter alia, have accorded to the following:

1. Issuance of Equity Shares of Rs 10/- each at such premium, as may be determined later, to the existing shareholders as on the record date to be fixed, on Rights basis for an amount not exceeding Rs 46 crores in the aggregate.

2. Increase in the authorized share capital of the Company from Rs 10,00,00,000 divided into 1,00,00,000 Equity Shares of Rs 10 each to Rs 15,00,00,000 divided into 1,50,00,000 Equity Shares of Rs 10 each.

3. Powers to the Board of Directors to borrow in excess of the paid-up capital and free reserves (reserves not set apart for any specific purpose) provided that the total amount so borrowed by the Board shall not at any time exceed the limit of Rs 150 crores.

4. Approval for mortgaging the assets of the Company upto a sum of Rs 150 crores.

Adarsh Derivatives - Updates on Board to consider Rights Issue

Adarsh Derivatives Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 30, 2007, inter alia, to consider the following matters:

1. To consider rights issue and various options for raising funds for business expansion and modernization of Plant and Machineries of the Company.

2. To consider for changing the name of the Company and reason thereof.

Paraan - Open Offer

Vivro Financial Services Pvt Ltd ("Manager to the Offer") on behalf of Mr. Kailash Hardattrai Biyani and Mr. Kishore Mohatta ("Acquirers") has issued this Public Announcement ("PA") to the equity shareholders of Paraan Ltd ("Target Company"), pursuant to and in compliance with among others, Regulation 10 and 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 ("Regulations") and subsequent amendments thereto.

The Offer

The Acquirers are making an Open Offer to the shareholders (other than parties to the Agreement) of Target Company to acquire 5000 equity shares of Rs 100/- each representing 20% of the total equity share capital of the Target Company and 20% of the total voting capital of the Target Company at a price of Rs 180/- per equity share payable in cash (the "Offer Price").

Schedule of Activities:

Specified Date - December 20, 2007

Date of Opening of the Offer - January 16, 2008

Date of Closing of the Offer - February 04, 2008

Ckoramaandel Cements Board to consider Bonus Shares

Ckoramaandel Cements Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 30, 2007, inter alia, to transact the following business:

1. To Consider and approve the Profit & Loss Account for the year ended on September 30, 2007 (18 Months) and Balance Sheet as on that date.

2. To Consider the proposal for issue of Bonus Shares.

Rolta India fixes Record Date for Bonus Shares

Rolta India Ltd has informed BSE that January 25, 2008 has been fixed as the Record Date for the purpose for issue of Bonus Shares of the Company.

Adarsh Derivatives Board to consider Rights Issue

Adarsh Derivatives Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 23, 2007, inter alia, to consider the following matters:

1. To consider rights issue and various options for raising funds for business expansion and modernization of Plant and Machineries of the Company.

2. To consider for changing the name of the Company and reason thereof.

The Company has further informed BSE that the Schedule date for the Board meeting will be November 30, 2007. But by clerical mistake the date of meeting was written as November 23, 2007.

Jagson Airlines - Open Offer

Mefcom Capital Markets Ltd ("Manager to the Offer") on behalf of Jagson International Ltd ("Acquirer") along with Mr. J. P. Gupta, Mr. Pradeep Gupta, Ms. Ravinder Hora, Gaurav Portfolio Pvt Ltd and Gagar Holdings Ltd (PACs) has issued this Public Announcement ("PA"), to the shareholders of Jagson Airlines Ltd ("Target Company"), pursuant to and in compliance with Regulations 11(2) and 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 (SEBI (SAST) Regulations] and subsequent amendments thereto.

The Offer

The Acquirer alongwith PACs is making an offer to the shareholders of the target Company to acquire upto 40,33,796 fully paid up equity shares of Rs 10/- each of the Target Company, representing 20% of paid up equity share capital (post conversion) at a price of Rs 20.11 per equity ("Offer Price") payable in cash, subject to terms and conditions mentioned hereinafter (the "Open Offer" or "Offer") in pursuance of Regulation 11(2) and 12 of the SEBI (SAST) Regulations.

Schedule of Activities:

Specified Date: December 17, 2007

Date of Opening of the Offer: January 03, 2008

Date of Closing of the Offer: January 24, 2008

Lanco Infratech - Updates

Lanco Infratech Ltd has informed BSE that the Company has received Five Letters of Acceptance (LOAs) for Supply and Erection of 33/11 KV Substations and 33/11 KV Lines in the Five Districts of Mahabubnagar, Kurnool, Nalgonda, Medak and Ananthapur in the State of Andhra Pradesh, from Central Power Distribution Company of A P Ltd, for a total Contract Value of Rs 67.24 Crores.

DCM Shriram Industries - Updates

DCM Shriram Industries Ltd has informed BSE that the Committee of Directors of the Company authorised by the Board, has fixed the price of the shares to be allotted against the Warrants to be allotted on Preferential basis to the Promoters / Promoters group / Persons Acting in Concert at Rs 90 per equity share i.e. at a premium of 74% over the price arrived at as per SEBI Pricing formula.

Jubilant Organosys - Allotment of shares on conversion of FCCBs

Jubilant Organosys Ltd has informed BSE that the Special Committee of the Board of Directors of the Company at its meeting held on November 23, 2007, has allotted 27,379 equity shares of Re 1/- each at a premium of Rs 162.646 per share to Goldman Sachs Investments (Mauritius) I Ltd, on conversion of a part of the Foreign Currency Convertible Bonds amounting to US $ 100,000.

Monnet Ispat - Allotment of Equity Shares upon conversion of FCCBs

Monnet Ispat Ltd has informed BSE that the Company has increased the paid-up equity share capital by making an allotment of 2103283 equity shares of Rs 10/- each comprising of 1825037 Equity shares allotted upon conversion of 1980 FCCBs due 2010 and 278246 Equity Shares allotted upon conversion of 20 FCCBs due 2011.

JHS Svendgaard - Updates

JHS Svendgaard Laboratories Ltd has