Munoth Capital Board to consider Dividend, Bonus Issue & Stock Split

Munoth Capital Markets Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 08, 2009, inter alia, to transact the following business:

1. To consider, approve and sign the Balance Sheet as at March 31, 2009 and Profit & Loss Accounts of the Company for the year ended March 31, 2009 and to give authority to sign on behalf of the Board and deliver the same to the Auditors of the Company for their certification and Report thereon.

2. To consider and approve dividend, if any.

3. To consider and approve issue of Bonus Shares, if any.

4. To consider and approve spilt of Shares.

5. To approve the remuneration of the Auditors.

6. To consider the businesses to be transacted at the next Annual General Meeting and approve the notice of the Annual General Meeting together with the explanatory statement and to fix the date, time and venue for the Meeting.

7. To consider and approve the Book Closure.

Merck Ltd - Buy back Offer

Enam Securities Pvt Ltd ("Manager to the Buyback") on behalf of Merck Ltd ("Target Company") has issued this Public Announcement ("PA") to the Equity Shareholders / Beneficial Owners of equity shares of the Target Company, pursuant to the provisions of Regulation 8(1) read with Regulation 15(C) & in compliance with the Securities & Exchange Board of India (Buy Back of Securities) Regulations, 1998, as amended thereto ("Buyback Regulations") and contains the disclosures as specified in Schedule II to the Buyback Regulations.

The Target Company hereby announces the buyback ("the Buyback") of its fully paid-up equity shares of the face value of Rs 10 each from the existing owners of equity shares of the Company other than promoters/ persons who are in control of the Company as defined in the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and amendments thereto ("Promoters") from the open market using the electronic trading facilities of the Bombay Stock Exchange Ltd ("BSE") and the National Stock Exchange of India Limited ("NSE") ("Stock Exchanges"), in accordance with the provisions of Sections 77A, 77AA, 77B and all other applicable provisions, the Companies Act, 1956 ("Act")) and the Buyback Regulations and Article 24A of the Articles of Association of the Company and subject to such other approval/s, permissions and sanctions as may be necessary, from statutory authorities including but not limited to the Securities and Exchange Board of India ("SEBI"), Stock Exchanges, Reserve Bank of India ("RBI") as may be required and further subject to such conditions as may be prescribed or imposed while granting such approval(s), permissions and sanctions which may be agreed to by the Board of Directors of the Company ("Board") at a maximum price not exceeding Rs. 435/- per equity share ("Maximum Buyback Price") payable in cash, for an aggregate amount not exceeding Rs 451.1 million ("Maximum Buyback Size"). The Maximum Buyback Size represents 10% of the aggregate of the Company's paid-up equity capital and free reserves as on December 31, 2008 (the date of the latest standalone audited accounts as on the date of the resolution dated May 20, 2009 approving the Buyback by the Board). The aggregate paid up capital and free reserves of the Company as at December 31, 2008 was Rs. 4511.3 million.

At the Maximum Buyback Price of Rs 435/- per equity share & for the Buyback Size not exceeding Rs 451.1 million, the maximum number of equity shares that can be bought back would be 1,037,011 equity shares ("Maximum Offer Shares"), representing 6.15% of the pre-Buyback outstanding fully paid up equity shares of the Company as on date of the meeting of the Board held on May 20, 2009 for approving the Buyback ("Board Meeting") Should the average purchase price be lower than Maximum Buyback Price, the number of equity shares that might be bought back would be more, assuming Buyback for the complete amount of Rs. 451.1 million. The maximum amount that will be utilized for the Buyback will not exceed 10% of the paid up equity share capital and free reserves of the Company as on December 31, 2008.

The Company proposes to buyback a minimum of 600,000 equity shares ("Minimum Offer Shares").

The maximum number of equity shares that the Company can buyback, as per Section 77A of the Act, in any financial year shall not exceed twenty-five percent of the total paid-up equity capital of the Company in that financial year.

The Maximum Buyback Price at which the Buyback will be carried out is Rs. 435/- per equity share. The Maximum Buyback Price has been arrived at after considering certain parameters such as the book value, earnings trend in the recent past, the future growth and outlook for the industry and other relevant factors. The Maximum Buyback Price offers a premium of 12.5% and l3% over the closing prices of the equity shares on the BSE and NSE respectively prevailing on May 20, 2009, i.e. the date of the Board Meeting. The closing price of the equity shares as on May 20, 2009 on BSE and NSE was Rs. 386.70/-and Rs. 385.05/- respectively. The Maximum Buyback Price of Rs. 435/- is at a premium of 26.4% and 26.6% over the closing prices on the BSE and NSE respectively prevailing on the date of intimation to the Stock Exchanges for the Board Meeting.

Schedule of activities:

Board meeting approving Buyback - May 20, 2009

Date of Public Notice - May 20, 2009

Date of Opening of Buyback - June 10, 2009

Acceptance of equity shares - Within the relevant pay-out dates of the Stock Exchanges

Extinguishment of equity shares - Within l5 days of acceptance of equity shares as mentioned above

Last Date for the Buyback - May 19, 2010 (i.e. 12 months from the date of the resolution passed by the Board at the Board Meeting) or when the Company completes the Buyback to the extent of Rs. 451.1 million, whichever is earlier, or at such earlier date as may be determined by the Board, in the event the Minimum Offer Shares have been purchased under the Buyback, even if the Maximum Buyback Size has not been reached, by giving appropriate notice of such date and completing all formalities in this regard as per relevant laws and regulations.

Idea Cellular - Updates on Scheme of Arrangement

Idea Cellular Ltd has submitted to BSE the Notices of the Court Convened Meeting(s) of the Equity Shareholders, Secured Creditors and Unsecured Creditors of the Company scheduled to be held on June 25, 2009 and June 26, 2009 respectively for obtaining approval / considering of the proposed Scheme of Arrangement for Financial Restructuring, seeking to adjust amount of non compete fee against balance in Securities Premium Account.

Zenith Birla equity shareholders approve Scheme of Arrangement

Zenith Birla India Ltd has informed BSE that the equity shareholders of the Company at its meeting held on May 29, 2009, have approved the Scheme of Arrangement between Zenith Birla (India) Ltd, the Applicant Company and Birla Precision Technologies Ltd and Tungabhadra Holdings Pvt. Ltd and their Respective Shareholders.

The said scheme is subject to the approval of Hon'ble High Court of Bombay and
completion of other necessary formalities.

GTL Infrastructure - Allotment of Equity Shares upon conversion of Warrants

GTL Infrastructure Ltd has informed BSE that the Committee of the Board at its meeting held on May 29, 2009, has considered and approved the allotment of 120,495,015 Equity Shares on conversion of 120,495,015 Warrants issued under preferential basis at a conversion price of Rs 40/- per share.

Supertex Industries - Updates

Supertex Industries Ltd has informed BSE about the following :

"The Company has successfully completed its restructuring task for revival in the past year. The Company has also become a totally debt free Company due to the same. The twenty third annual report for the year 2008-09 will reflect the same.

In this appreciable new scenario and the debt free status, the Company is looking forward to augment its manufacturing capacities in various ways so as to improve its profitability and consolidate its position in order to achieve its long term goals.

The core management committee will be meeting in the next week to discuss the future growth plans."

Shree Ram Mills - Updates

Shree Ram Mills Ltd has informed BSE that the Company law Board, Mumbai Bench, in its order of May 22, 2009 has restrained the Company and its Board of Directors in implementing the decisions made in the Board of Directors' Meeting held on May 18, 2009 in relation to the issue of convertible warrants of 25 million equity shares of Rs 10/- each till the disposal of the petition. The Company is in appeal against this order.

Asian Hotels - Extension of accounting year

Asian Hotels Ltd had informed BSE regarding Board's decision in its meeting held on March 19, 2009, to extend the current financial year by 3 months i.e. upto June 30, 2009.

The Company has now informed to BSE that "The Board of Directors in its meeting held on May 23, 2009, decided to further extend the financial year by another 3 months subject to requisite approvals under Section 210 of the Companies Act, 1956.

Accordingly, the Company will shortly apply to the Registrar of Companies for permission to extend the current financial year i.e. financial year 2008-2009 for a period of 18 months from April 01, 2008 to September 30, 2009."

Idea Cellular - Updates on Scheme of Arrangement

Idea Cellular Ltd has submitted to BSE the Notices of the Court Convened Meeting(s) of the Equity Shareholders, Secured Creditors and Unsecured Creditors of the Company scheduled to be held on June 25, 2009 and June 26, 2009 respectively for obtaining approval / considering of the proposed Scheme of Arrangement for Financial Restructuring, seeking to adjust amount of non compete fee against balance in Securities Premium Account.

UCO Bank - Updates

UCO Bank has informed BSE that the Bank has fixed June 03, 2009 as Specified Date for the purpose of ascertainment of the shareholders of the Bank entitled to participate i.e. nominate, contest and vote in the elections of one Director from amongst the shareholders of the Bank (other than Central Government) in terms of Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970.

Shree Ram Mills - Updates

Shree Ram Mills Ltd has informed BSE that the Company law Board, Mumbai Bench, in its order of May 22, 2009 has restrained the Company and its Board of Directors in implementing the decisions made in the Board of Directors' Meeting held on May 18, 2009 in relation to the issue of convertible warrants of 25 million equity shares of Rs 10/- each till the disposal of the petition. The Company is in appeal against this order.

Disa India - Updates on Open Offer

Ambit Corporate Finance Pvt Ltd ("Manager to the Offer") on behalf of Hamlet Holding II ApS ("Acquirer") & DISA Holding II A/S, DISA Holding A/S & DISA Holding AG ("Person Acting in Concerts"/ "PACs") has issued this Corrigendum to the Public Announcement to the Equity Shareholders of Disa India Ltd ("Target Company"), which is in continuation of and should be read in conjunction with the PA dated December 17, 2008 & the subsequent 3 Corrigenda published on February 02, 2009, February 18, 2009, April 14, 2009.

The shareholders of the Target Company may please note the following updated status regarding the statutory approvals:

1. RBI vide its letter dated March 03, 2009, has advised that they have no-objection in relation to the Acquirer and the PACs acquiring up to 302,041 Shares from the existing shareholders other than erstwhile OCBs under the Offer. Acceptance of Shares from erstwhile OCBs are subject to receipt of specific approval from the RBI.

2. With reference to the divestment conditions prescribed by the German Competition Authority, as disclosed in Paragraph 38 of the PA, Shareholders may please note that the German Competition Authority, vide letter dated May 25, 2009, has confirmed satisfaction of the prescribed divestment conditions.

Consequently, no statutory approvals are required to acquire the Shares tendered pursuant to the Offer other than approval of RBI for tenders from OCBs, if any. If any other statutory approvals are required or become applicable, the Offer would be subject to the receipt of such other statutory approvals. In terms of Regulation 27 of the SEBI Takeover Code, the Acquirer and the PACs will not proceed with the Offer in the event that such statutory approvals that are required are refused.

Terms used but not defined in this Fourth Corrigendum to the PA shall have the same meaning as assigned in the PA, the Corrigendum to PA, the Second Corrigendum to the PA & the Third Corrigendum to the PA.

Sakuma Exports - Updates

Sakuma Exports Ltd has informed BSE that one of the promoters of the Company namely M/s. Sakuma International Marketing Pvt. Ltd, on May 27, 2009 has purchased 26634 Equity Shares of Sakuma Exports Ltd, from the market at average price of Rs 11.33 per Equity Shares at BSE. The Company may add that total holding of Sakuma International Marketing Pvt. Ltd of Equity Shares is 1550000 + 26634 = 1576634 Equity Shares.

Simbhaoli Sugars - Press Release

Simbhaoli Sugars Ltd has informed BSE that in the meeting held on May 29, 2009, the Finance Committee of the Board of Directors of the Company has approved the cancellation / extinguishment of further USD 2 million, 0% Foreign Currency Convertible Bonds (FCCBs) aggregating to USD 25.11 million FCCBs out of USD 33 million FCCBs issued by the Company in March 2006 under the guidelines of Reserve Bank of India for this purpose.

In this regard, the Company has issued a Press Release dated May 29, 2009 titled "Simbhaoli Sugars: Buyback of FCCB"

Balrampur Chini - Updates

Balrampur Chini Mills Ltd has informed BSE that pursuant to approval of the shareholders at their Extra-ordinary General Meeting held on May 25, 2009, the exercise price of the options granted in the year 2005, 2006, 2007 & 2008, which have not been exercised, has been re-priced by the Remuneration Committee in its meeting held on May 28, 2009 at Rs 45 per option, being 20% discount to the average daily closing market price of the Company's share, on the stock exchange it is traded most, during the preceding 26 weeks prior to the date of meeting held for re-pricing.

Further the Company has informed that, 14,64,500 stock options (including grant of 2,45,500 options out of the options which have been lapsed) at a price of Rs 45 per option has been granted on May 28, 2009 for the year 2009 to the eligible employees of the Company in accordance with the BCML Employee Stock Option Scheme, 2005.

Anant Raj - Outcome of Board Meeting

Anant Raj Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2009, inter alia, has approved the followings, subject to the approval of the shareholders and any other regulatory authorities:

1. Raising of funds upto Rs 2000.00 Crores (Rupees Two Thousand Crores only) by issue of securities through private placement to the Qualified Institutional Buyers (QIBs) in terms of provisions of Chapter XIII-A of the Securities and Exchange Board of India (Disclosure and Investors Protection) Guidelines 2000 as in force or by way of issue of ADR / GDR / FCCB or such other / similar means.

2. Issuance of Fully Convertible Warrants in the Company to the Promoter(s) on preferential allotment basis in terms of Chapter XIII of the SEBI (Disclosures &
Investors Protection) Guidelines, 2000.

3. Appointment of Shri. Brajinder Mohan Singh as an Additional Director of the Company w.e.f. May 29, 2009.

4. Notice to convene an Extra-ordinary General Meeting of the shareholders on June 25, 2009.

Suzlon Energy - Updates

Suzlon Energy Ltd has informed BSE that the Company and the Martifer Group have agreed on the third and final payment of Euro 175 million, as per the following payment plans, for the sale of Martifer's final 16.79% stake held in REpower Systems AG to Suzlon:

- Approximately Euro 87.6 million on May 28, 2009, which has since been paid; and

- Approximately Euro 87.6 million to be paid on June 05, 2009.

Post payment of May 28, 2009, Suzlon's shareholding stands increased to 83.43% in REpower. And upon conclusion of the balance payment on June 05, 2009, Suzlon will control 90.72% of shares in REpower.

Brandhouse Retails - Updates

Brandhouse Retails Ltd has informed BSE that the Reserve Bank of India has notified vide its press release no. 2008-2009/1935 dated May 27, 2009 that the Foreign Institutional Investors (FIIs) who have permission to invest under the Portfolio Investment Scheme are now allowed to purchase equity shares of the company in the secondary market subject to the existing ceilings and guidelines in this regard.

The above referred press release was issued as a result of reduction of the aggregate shareholding of Foreign Institutional Investors (FIIs) under Portfolio Investment Scheme (PIS) in the Company below 22% of its total paid-up share capital.

Essar Oil - Updates

Essar Oil Ltd has informed BSE that M/s. Datamatics Financial Services Ltd.(DFSL) will be taking over as "Transfer Agent" of the Company in place of M/s. Sharepro Services (India) Pvt. Ltd. with effect from June 01, 2009.

M/s. Datamatics, will be handling the registry work relating to the securities of the Company held in both physical and electronic form with effect from June 01, 2009 from their office located at :

M/s Datamatics Financial Services India Ltd.,
Plot No. A16 & A17,
Part B Cross Lane;
MIDC, Marol, Andheri (East)
Mumbai - 400093

Tel : +91 22 66712151 to 66712156

Fax : +91 22 66712230

E-mail : eolinvestors@dfssl.com.

Omaxe - Updates

Omaxe Ltd has informed BSE that M/s. Omaxe Buildhome Pvt. Ltd, a wholly owned subsidiary of the Company has sold all the shares of following Companies:

- Name : Cress Propbuild Pvt. Ltd
No. of Shares : 10000 shares of Rs 10/- each

Name : Ryhme Propbuild Pvt Ltd
No of Shares : 10000 shares of Rs 10/- each

Accordingly, the aforesaid Companies have ceased to be the wholly owned subsidiaries of M/s. Omaxe Buildhome Pvt. Ltd and of the Company.

SAIL announces Q4 & FY 09 results

Steel Authority of India Ltd (SAIL) has announced the following Audited results for the quarter & year ended March 31, 2009:

The results for the Quarter ended March 31, 2009

The Company has posted a net profit of Rs 14866.80 million for the quarter ended March 31, 2009 as compared to Rs 23767.60 million for the quarter ended March 31, 2008. Total Income has decreased from Rs 138569.50 million for the quarter ended March 31, 2008 to Rs 125901.20 million for the quarter ended March 31, 2009.

The results for the Year ended March 31, 2009

The Company has posted a net profit of Rs 61748.10 million for the year ended March 31, 2009 as compared to Rs 75367.80 million for the year ended March 31, 2008. Total Income has increased from Rs 415187.40 million for the year ended March 31, 2008 to Rs 461107.50 million for the year ended March 31, 2009.

Wanbury - Board Meeting on Jun 03, 2009

Wanbury Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 03, 2009, inter alia, to consider the following:

1. Availing Term Loan of Rs 19.5 Crore and working capital facility of Rs 11 Crore (Fund Based Working Capital Facility of Rs 7 Crore and Non-fund Based Working Capital Facility of Rs 4 Crore) from State Bank of Mysore.

2. Availing Fund Based Working Capital Facility of Rs 9.50 Crore and Non-fund Based Working Capital Facility of Rs 7.90 Crore from Bank of India.

Coromandel Fertilisers - Updates

With reference to the earlier announcement dated April 24, 2009, Coromandel Fertilisers Ltd has now informed BSE that the Company on May 26, 2009 signed a Joint Venture Agreement with M/s. Soquimich European Holdings BV, Netherlands, a subsidiary of SQM, Chile, for setting up of 15000 MT Water Soluble Fertilisers (NPK Grades) plant at Kakinada at a total investment of Rs 100 Million, with both the parties holding equal share in the proposed JV venture.

Borosil Glass - Updates

With reference to earlier annoucement dated March 12, 2008 regarding shifting of the Company's cold-end (downstream processing) activities to Bharuch district in Gujarat and transfer of concerned workmen to the new location, Borosil Glass Works Ltd has informed BSE that the same was challenged by the Worker's Union firstly in the Industrial Court and subsequently in the Original Side of the Hon'ble High Court, Bombay and they lost at both the places. Now, appeal lies before the Appellate Side of the said High Court.

In the meantime, in order to resolve the matter amicably, the Company has decided to offer a Voluntary Retirement Scheme to all its workmen at Marol Plant in consultation with their Union.

IOL Chemicals - Updates

IOL Chemicals & Pharmaceuticals Ltd has informed BSE that the Company has commenced the manufacturing operations of Mono-chloro Acetic Acid (MCA) with the capacity of 7200 TPA, Acetyl Chloride with the capacity of 5200 TPA during the month of May, 2009 as partial completion of its ongoing Expansion cum Backward and Forward Integration project.

These products are being used as raw materials for the manufacture of its API Ibuprofen as Backward Integration for its pharma division and as Forward Integration for its chemical division as these two products are being produced by using existing chemicals i.e. Acetic Anhydride and Acetic Acid.

Novartis India - Updates on Open Offer

DSP Merrill Lynch Ltd ("Manager to the Offer") for & on behalf of Novartis AG ("Acquirer") has issued this Supplemental Public Announcement to the shareholders of Novartis India Ltd ("Target Company"), which is in continuation of and should be read in conjunction with the Public Announcement (PA) dated March 27, 2009, the Letter of Offer dated May 14, 2009 and the corrigendum to the shareholders of the Target Company dated May 15, 2009, pursuant to Regulation 11(1) of, and in compliance with, the Securities and Exchange Board of India (the "SEBI") (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto (the "Regulations")

Capitalized terms used in this Supplemental Public Announcement but not defined shall have the same meaning as assigned in the PA.

The shareholders of the Target Company may note the following:

1. Upward Revision of the price of the Offer (the "Offer Price") to the shareholders of the Target as follows:

Offer Price (per fully paid-up equity share of Target)

Original Offer Price - Rs 351 per Share (Rupees Three Hundred and Fifty One)

Revised Offer Price - Rs 450 per Share (Rupees Four Hundred and Fifty)

2. Pursuant to the upward revision in the Offer Price, the maximum consideration required to meet the obligation of Offer assuming 100% acceptance is Rs 5,609,119,500/- (Rupees Five Billion Six Hundred and Nine Million One Hundred and Nineteen Thousand and Five Hundred only) ("Revised Maximum Consideration").

3. The Offer closes on June 8, 2009.

The other terms and conditions of the Offer remain unchanged.

PTC India - Outcome of Commitee Meeting

PTC India Ltd has informed BSE that in respect of the issue of Equity shares of face value Rs 10/- each of the Company ("Equity Share") to qualified institutional buyers under Qualified Institutions Placement in terms of Chapter XIII-A of SEBI DIP Guidelines for an amount of up to Rs 500 crores, the duly authorized Committee of the Board of Directors of the Company at its meeting held on May 27, 2009, has decided to allot 66,665,600 Equity Shares of Rs 10 each at a price of Rs 75 per Share (including a premium of Rs 65 per Equity Share) aggregating to Rs 4,999,920,000 (Rupees Four hundred ninety nine crores ninety nine lakhs and twenty thousand) and shall bear distinctive numbers commencing from 22,74,19,001 to 29,40,84,600 to be issued in Demat form. The Equity Shares shall, subject to the provisions of the Memorandum and Articles of Association of the Company, rank pari-passu with the existing equity shares and would be entitled to such dividends and corporate benefits, if any declared by the Company after the allotment.

Sundaram Brake - Updates on Rights Issue

Sundaram Brake Linings Ltd has informed BSE that the Notice to Equity Shareholders intimating the Dispatch of the "Abridged Letter of Offer and Composite Application Forms" to the Shareholders of the Company whose names appeared in the Register of Members as on record date i.e. "May 21, 2009" was published in the newspaper. The Company has submitted a copy of the Advertisement published in Newspaper on May 27, 2009.

Dena Bank - Updates

Dena Bank has informed BSE that the Bank has raised Tier- I Capital funds as Perpetual Bonds (IPDI Series II) for an amount of Rs 125 crores, to augment long term resources of the Bank and to meet its future Capital Adequacy Ratio requirements, in the nature of Promissory Notes on Private Placement Basis. The Bonds are carrying a coupon of 9.00% p.a. payable annually.

The issue was opened on May 20, 2009 and closed on May 26, 2009. The issue was fully subscribed aggregating to Rs 125 crore. The Bank received and retained subscription of Rs 125 crores.

BHEL announces Q4 & FY 09 results

Bharat Heavy Electricals Ltd (BHEL) has announced the following Audited results for the quarter & year ended March 31, 2009:

The results for the Quarter ended March 31, 2009

The Company has posted a net profit of Rs 13474.70 million for the quarter ended March 31, 2009 as compared to Rs 11108.70 million for the quarter ended March 31, 2008. Total Income has increased from Rs 76262.00 million for the quarter ended March 31, 2008 to Rs 110472.40 million for the quarter ended March 31, 2009.

The results for the Year ended March 31, 2009

The Company has posted a net profit of Rs 31382.10 million for the year ended March 31, 2009 as compared to Rs 28593.40 million for the year ended March 31, 2008. Total Income has increased from Rs 207616.90 million for the year ended March 31, 2008 to Rs 276466.10 million for the year ended March 31, 2009.

The Consolidated results are as follows:

The consolidated results for the Year ended March 31, 2009

The Group has posted a net profit of Rs 31151.70 million for the year ended March 31, 2009. Total Income is Rs 279287.50 million for the year ended March 31, 2009.

Geodesic - Cancellation of FCCBs

With reference to the earlier annoucement dated May 15, 2009, Geodesic Ltd has now informed BSE that the Company has cancelled USD 3.0 million of its outstanding 0% USD denominated Foreign Currency Convertible Bonds due 2013 (the "Bonds"), listed on the Singapore Stock Exchange, in accordance with the A.P. (DIR Series) Circular No. 39 dated December 08, 2008 (the "Circular") issued by the Reserve Bank of India.

The amount of Bonds outstanding after this repurchase and cancellation is USD 113.5 million.

GMR Infrastructure - Press Release

GMR Infrastructure Ltd has informed BSE that GMR Kamalanga Energy Ltd, a subsidiary of the Company achieved financial closure. In this regard, a Press Release titled "GMR Group achieves Financial Closure of GMR Kamalanga Energy Ltd.: A 1050 MW Coal Based Power Project' is proposed to be issued.

MRPL announces Q4 & FY 09 results

Mangalore Refinery & Petrochemicals Ltd (MRPL) has announced the following results for the quarter & year ended March 31, 2009:

The Unaudited results for the Quarter ended March 31, 2009

The Company has posted a net profit of Rs 6076.20 million for the quarter ended March 31, 2009 as compared to Rs 2253.30 million for the quarter ended March 31, 2008. Total Income (net of excise) has decreased from Rs 95320.00 million for the quarter ended March 31, 2008 to Rs 66059.50 million for the quarter ended March 31, 2009.

The Audited results for the Year ended March 31, 2009

The Company has posted a net profit of Rs 11925.40 million for the year ended March 31, 2009 as compared to Rs 12722.30 million for the year ended March 31, 2008. Total Income (net of excise) has increased from Rs 327866.90 million for the year ended March 31, 2008 to Rs 384303.90 million for the year ended March 31, 2009.

Gammon Infrastructure - Godavari Bridge Project

Gammon Infrastructure Projects Ltd has informed BSE that Rajahmundry Godavari Bridge Ltd, the special purpose vehicle incorporated for implementing the project for designing, constructing, financing, operating and maintaining a major bridge across the river Godavari connecting Rajahmundry and Kovvur in Andhra Pradesh has achieved the 'Financial Closure' for its project with a consortium of bankers for an aggregate loan amount of upto Rs 566 crores.

The estimated Project cost is Rs 861 crores. The Project is entitled to a Central
Government grant of Rs 118.6 crores and a grant of Rs 88.95 crores from the Government of Andhra Pradesh. The Project is on BOT basis for a period of 25 years, including a construction period of 3 years.

Cummins India - Results Press Release

Cummins India Ltd has informed BSE regarding a Press Release dated May 26, 2009 titled "Cummins India Ltd Sales for 2008-09 up 22.8%, Net Profit after Tax up 36.5% (excluding
CSS & CASL). Recommends final dividend of Rs 2.60 per share of Rs 2 each (130%)
aggregating to Rs 9 per share of Rs 2 each (450%) for the year ended Match 31 2009".

TCS - Updates

Tata Consultancy Services Ltd (TCS) has informed BSE about the following :

"Mr. S Ramadorai was appointed as the Chief Executive Officer and Managing Director of the Company for a period of five years from August 09, 2004 to August 08, 2009.

The Board of Directors of Tata Consultancy Services Ltd (TCS) has re-appointed Mr. S Ramadorai as Chief Executive Officer and Managing Director for the period August 09, 2009 to October 05, 2009, subject to the approval of shareholders.

The Board of Directors has named Mr. N Chandrasekaran, Chief Operating Officer and Executive Director, as Chief Executive Officer designate, with the intention that he would be appointed Chief Executive Officer and Managing Director of the Company with effect from October 06, 2009, on the retirement of Mr. S Ramadorai."

Wipro - Allotment of equity shares

Wipro Ltd has informed BSE that Administrative Committee of the Company's Board of Directors vide Circular resolution dated May 25, 2009 :

1. Resolved to issue and allot 69724 equity shares of Rs 2/- each pursuant to exercise of the stock options by the eligible employees under Restricted Stock Unit Plan 2004 and Restricted Stock Unit Plan 2005.

2. Allotted 19760 equity shares of par value of Rs 2/- to JP Morgan Chase Bank, the Company's depository as underlying shares in respect of ADRs to be issued and allocated to the purchasers, pursuant to the exercise of the stock options granted to the employees under the Company's ADS Restricted Stock Unit Plan- 2004.

Bajaj Steel - Updates

Bajaj Steel Industries Ltd has informed BSE that the Board of Directors vide their Resolution dated May 26, 2009 (Circular), approved the Sale / disposal of 'Superpack Division' to potential buyers as the continuous losses of the said unit including other factors. This is subject to approval of members / shareholders of the Company under Section 293(1)(a) of the Companies Act, 1956 or of any other authority.

The Board of Directors approved the Draft Resolution along with the Postal Ballot Notice, Form & Explanatory Statement. Shri. Deepak Batra, Chartered Accountant and / or Shri. B K Agrawal, Chartered Accountant has been appointed as Scrutinizer for postal ballot process.

Reliance Communications equity Shareholders approve Scheme of Arrangement

Reliance Communications Ltd has informed BSE that the Equity shareholders of the Company at its Meeting convened as per the Order of the Hon'ble High Court of Judicature at Bombay, held on May 26, 2009, have approved the Scheme of Arrangement between the Company and Reliance Infratel Ltd under Sections 391 to 394 of the Companies Act, 1956. The votes in favour of the resolution approving the Scheme were 99.9999% of the total votes cast at the meeting.

Matrix Laboratories - Updates on Delisting Offer

Citigroup Global Markets India Pvt Ltd ("Manager to the Offer") on behalf of MP Laboratories (Mauritius) Ltd ("Acquirer") has issued this Corrigendum to the Public Announcement to the public shareholders of Matrix Laboratories Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the Public Announcement ("PA") dated May 05, 2009 & the Bid Letter dated May 06, 2009, issued in respect thereof ("Bid Letter") inviting Bids from all Public Shareholders of the Target Company.

The capitalised terms and abbreviations used in this Corrigendum and not defined herein have the same meaning as ascribed to them in the PA and the Bid Letter, unless otherwise specified.

The Public Shareholders of the Company are requested to take note of the following modifications / changes made to the PA and the Bid Letter.

1. Clause 1.4 of the PA and Clause 1 .4 of the Bid Letter state that:

The board of directors of the Acquirer vide its resolution dated March 26, 2009, resolved to make a voluntary delisting offer to the Public Shareholders in accordance with the Guidelines at an indicative price of up to Rs 150 per Equity Share ("Indicative Price"). However, this should in no way be construed as a ceiling or maximum price for the purposes of the reverse book building process contemplated herein or a commitment by the Acquirer to accept the Discovered Price in case the Discovered Price is less than or equal to the Indicative Price. The Public Shareholders are free to tender Offer Shares at any price higher than the Floor Price.

From the above paragraph, the words "or a commitment by the Acquirer to accept the Discovered Price in case the Discovered Price is less than or equal to the Indicative Price" stand deleted.

2. All paragraph numbers higher than 4 that are cross-referenced in the Bid Letter stand increased by 1. For example, the cross reference in paragraph 15.1 to paragraph 14.7 stands increased to, and should be read as, paragraph 15.7. However, paragraph numbers that are not higher than 4 that are cross-referenced in the Bid Letter will remain the same. For example, the cross reference in paragraph 6.1 to paragraph 3.6 will not change.

The rest of the PA and the Bid Letter remain unchanged.

Tech Mahindra - Allotment of Equity Shares

Tech Mahindra Ltd has informed BSE that the resolution passed by the Securities Allotment Committee of the Board of Directors of the Company on May 25, 2009, for issue and allotment of a total of 47,700 equity shares of Rs 10/- each of the Company to various applicants, on exercise of stock options under Employee Stock Option Plan 2006 (ESOP 2006).

Cals Refineries - Progress of Project

Cals Refineries Ltd has informed BSE that :

1. The Company has received the environment clearance to set up the 5 MMTPA refinery at Haldia, West Bengal from the Ministry of Environment and Forest subject to the terms and conditions as mentioned in the approval and

2. The Government of West Bengal has approved a special package of incentives under the West Bengal Incentive Scheme 2004 subject to certain terms and conditions.

Aptech - Updates

With reference to earlier annoucement dated February 13, 2009 regarding Notice of Postal Ballot, Aptech Ltd has now informed BSE that in the explanatory statement of the said notice of Postal Ballot, inadvertently the name of the Company was mentioned as "Beida Jadebird IT Education Company Ltd" instead of "Beijing Jadebird IT Education Company Ltd" in which 22% stake was proposed to be acquired by the third tier subsidiary.

Bharat Electronics - Intimation of Strike Notice

Bharat Electronics Ltd has informed BSE that the Trade Unions in the various Units and Corporate Office of the Company have served notice of their intention to go on a day's strike by the non-executive employees in the Company on May 28, 2009 to press for their demands related to ongoing wage negotiations.

Dalal Street - Updates on Book Closure

With reference to the earlier announcement dated April 21, 2009, regarding Book Closure Date (i.e. May 28, 2009 to May 30, 2009) for the purpose of payment of Dividend & Annual General Meeting (AGM), Dalal Street Investments Ltd has now informed BSE that the Board at its meeting held on April 29, 2009 has not recommended any dividend on equity shares for the year ended March 31, 2009. Therefore, the Register of Members & Share Transfer Books of the Company will remain closed from May 28, 2009 to May 30, 2009 (both days inclusive) only for the purpose of Annual General Meeting (AGM) of the Company.

HCL Technologies - ICRA Rating

HCL Technologies Ltd has informed BSE that ICRA has assigned an A+ (pronounced as A one plus) rating to the Rs 5 billion Commercial Paper Programme of HCL Technologies Ltd ("HCL Tech"). The rating indicates highest credit quality rating assigned by ICRA to short term debt instruments.

While assigning the above rating ICRA has considered various factors including HCL Tech's leading position among Indian players in IT industry, its strong client base, wide range of services and experienced management team.

According to ICRA, "The rating considers the financial flexibility in term of low net gearing and strong coverage indicators. The rating also factors in the currently challenging environment faced by software services players from India contributed by growing competitive pressures, attrition, removal of tax benefits and foreign exchange volatility. The IT industry is currently facing a difficult demand environment, compounded by economic slowdown, cut in IT budgets and political backlash in developed countries. HCL Tech however has been able to win orders aggregating to about USD 1.5 billion over the last 9 months. The recent acquisition of Axon Group Plc (Axon) should help HCL Tech enhance its range of service and delivery capabilities in the SAP consulting space. The acquisition, for HCL Tech, has resulted in a superior mix of services which is geared to meet the future market trends."

S.Kumars Nationwide - Clarification

With reference to the news item appearing in a leading financial daily dated May 25, 2009 titled "S.Kumars to buy out Obama suit - maker?", S.Kumars Nationwide Ltd has clarified to BSE as under :

"On May 21, 2009 SKNL North America B.V. ("SKNL NA") (a step down subsidiary Company of S. Kumars Nationwide Ltd) and Emerisque Brands UK Ltd ("Emerisque") has made a joint-bid for Hartmarx Corporation of Chicago, Illinois, USA ("Hartmarx") in connection with the proposed sale of the assets of Hartmarx and its subsidiaries. The bid was flied by Hartmarx in the USA courts to name SKNL NA and Emerisque as the stalking horse or preferred bidder for the Hartmarx assets.

Established in 1872, Hartmarx is the largest men's tailored clothing Company in the United States and owns iconic brands such as Hickey Freeman, Hart Schaffner Marx, Bobby Jones, Coppley, Exclusively Misook, Monarchy and others.

The transaction would be subject to various legal processes in the USA, including court approval and an auction process expected to conclude by the end of July 2009."

NTPC - Updates

National Thermal Power Corporation Ltd (NTPC) has informed BSE about the following :

"A Joint Venture Company of NTPC Ltd has been Incorporated on May 22, 2009 under the name "National High Power Test Laboratory Pvt Ltd" (NHPTLPL) in association with NHPC Ltd (NHPC), Power Grid Corporation of India Ltd (Power Grid) and Damodar Valley Corporation (DVC). NTPC, NHPC, Power Grid and DVC shall equally contribute in the equity share capital of the Company.

The Company has been incorporated for setting up an On-line High Power Test Laboratory for short-circuit test facility in the Country."

Vakrangee Softwares - LOI from TCS

Vakrangee Softwares Ltd has informed BSE that the Company has received a Letter of Intent (LOI) from Tata Consultancy Services Ltd (TCS) for working as a build partner for 6 Pilot sites which are Bangalore (Lal Baugh), Bangalore (Sai Arcade), Mangalore, Hubli, Kirtinagar (New Delhi) and Gulbarga under the Passport Seva Kendra (PSK) Project.

Mirc Electronics - Updates on Scheme of Amalgamation

With reference to the earlier annoucement dated May 11, 2009 regarding the Hon'ble High Court of Bombay has sanctioned the scheme of amalgamation of Guviso Holdings Pvt. Ltd (Transferor Company) with Mirc Electronics Ltd (Transferee Company) vide order passed on May 02, 2009, Mirc Electronics Ltd has now informed BSE that the Company have received a certified copy of scheme of amalgamation as approved by the Hon'ble High Court of Bombay, on May 21, 2009. The said order has also been filed with the Registrar of Companies on May 21, 2009.

Godrej Industries - Updates on Buy Back Offer

JM Financial Consultants Private Ltd ("Manager to the Buyback") on behalf of Godrej Industries Ltd ("Target Company") has issued this Corrigendum to Public Announcement ("PA") to the Equity Shareholders of the Target Company, which is in continuation of & should be read in conjunction with the Public Announcement ("PA") dated April 29, 2009 which was published on April 30, 2009, is in compliance with the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998 (the "Buy-back Regulations"), as amended. The Management Committee (the "Committee") constituted under the resolution of the Board of Directors dated July 28, 2008 for the purpose of the Buy-back approved this Corrigendum.

The shareholders of the Target Company are requested to note the following developments / amendments with respect to and in connection with the PA

The capitalized terms and abbreviations used in this Corrigendum have the same meaning as ascribed to them in the PA, unless otherwise specified.

The following modifications/ changes have been made to the PA pursuant to the resolution passed at the Committee meeting of the Company held on May 15, 2009 and the letter dated May 15, 2009 submitted by the Managers to the Buy-back in this regard with the Securities and Exchange Board of India.

Point 1.1 has been modified as

"The Company hereby announces the Buy-back ("Buy-back") of its fully paid-up equity shares of the face value Re 1/- each ("Equity Shares") not exceeding 57,00,000 Equity Shares ("Maximum Offer Shares"), from the existing owners of Equity Shares other than Persons in Control, at a price not exceeding Rs 275/- (Rupees Two Hundred and Seventy Five Only) per Equity Share (the "Maximum Offer Price") payable in cash, for an aggregate amount not exceeding Rs 99 crore ("Maximum Offer Size"). The Maximum Offer Size represents 9.90% of the aggregate of the Company's total equity capital and free reserves as on March 31, 2008 (the date of the latest standalone audited accounts).

The minimum number of Equity Shares that the Company intends to buyback is 20,00,000 ("Minimum Offer Shares")".

Point 11 has been modified as

Date of Board Resolution approving the Buy-back - July 29, 2008

Date of opening of the Buy-back - May 25, 2009

Acceptance of Equity Shares - Within the relevant payout dates of the Stock Exchanges

Date of closing of the Buy-back (Last date of placing order for purchase of shares) - July 20, 2009

Verification of Equity Shares accepted in the physical mode - Within 7 days of the relevant payout date

Extinguishment of Equity Shares - Within 7 days of acceptance or verification of Equity Shares as mentioned above

Last Date for the completion of the Buy-back - July 28, 2009 (i.e. 12 months from the date of the Board resolution). However, the Board/Committee in its absolute discretion may decide to close the Buy-back at an earlier date in the event the Minimum Offer Shares have been purchased under the Buy-back, even if the Maximum Offer Size has not been reached or the Maximum Offer Shares have not been bought back, by giving appropriate notice of such date and completing all formalities in this regard as per relevant laws and regulations. There would be a completion of all payment obligations in respect of the Buy-back within the last date of the Buy-back. The Board/Committee will close the buyback at an earlier date if the amount utilised in the buyback is equal to the Maximum Offer Size.

Balrampur Chini - Outcome of EGM

Balrampur Chini Mills Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on May 25, 2009, inter alia, have passed the Special Resolution for repricing the exercise price of the Employee Stock Options granted in the years 2005, 2006, 2007, 2008 which have not been exercised and also the exercise price in respect of options to be granted for the year 2009 under the BCML Employee Stock Option Scheme, 2005 at 20% discount to the average daily closing market price of the Company's share, on the stock exchange it is traded most, during the preceding 26 weeks prior to the Board / Committee to be held to reprice the exercise price of the unexercised options and options to be granted for the year 2009.

Blue Star - Updates

Blue Star Ltd has informed BSE about the forthcoming promotion of Mr. Satish Jamdar as Managing Director of the Company with effect from July 01, 2009. Mr. Jamdar is
currently Deputy Managing Director of the Company. Consequently, Mr. Ashok M Advani, the Chairman and Managing Director will be re-designated as Executive Chairman with effect from July 01, 2009.

Hindustan Dorr - Order from National Aluminium Corporation Ltd

Hindustan Dorr Oliver Ltd has informed BSE that the Company has bagged an order from National Aluminium Corporation Ltd valued at Rs 24.5 crores for their Phase II expansion project at Alumina Refinery, Damanjodi, Orissa.

The civil and structural contract involves PCC & RCC works for sub structure / super structure in substation / control station including structural steel fabrication and erection work for tankages, piperack, lifts, and cable trays etc. of this project.

Execution of the said project shall be completed within a period of six (6) months.

Reliance Infrastructure - Outcome of Board Meeting

Reliance Infrastructure Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 24, 2009, inter alia, has approved the following:

1. To make a preferential allotment of warrants entitling up to 4.29 crore equity shares, to the Promoter/ Promoter Group entities, subject to necessary permissions, sanctions, approvals and applicable SEBI Guidelines and other provisions of law, to generate long term resources for implementing future growth plans and to strengthen the Company's financial position.

2. To cancel the outstanding 4.3 crore warrants of the Company and to forfeit an amount of Rs 783.49 crore paid thereon.

3. To seek the approval of shareholders for issue of securities as above, through Postal Ballot.

Pitti Laminations - Forfeiture of shares

Pitti Laminations Ltd has informed BSE that the Company has sent notices to shareholders in respect of whom the call money has not been forth coming and the amount involved is Rs 0.84 lacs.

The Company has stated in the notice that the call money shall be paid within 25 days from the date of notice (May 08, 2009) together with interest @ 10% per annum effective from July 01, 1994 up to the date of actual payment.

It is clearly stated in the notice that in the event of non-payment of final call money together with interest within 25 days from the date of notice, the shares in respect of which the call was made will liable to be forfeited without any further notice.

Veer Energy Board to consider Final Dividend & Bonus Issue

Veer Energy & Infrastructure Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 01, 2009, inter alia, to consider the following:

1. To review and declare quarterly result for the period ended March 31, 2009.

2. To approve and adopt the accounts for the year ended March 31, 2009.

3. To decide and fix the date of Annual General Meeting.

4. To suggest the final dividend if any.

5. To decide about the issue of Bonus shares.

Jain Irrigation - Outcome of Sub-Committee Meeting

Jain Irrigation Systems Ltd has informed BSE that Sub- Committee of the Board of the Company in its meeting held on May 23, 2009 allotted 128,360 Equity Shares of Rs 10 at a premium of Rs 335.59 per Equity Share in conversion of 1000 Zero Coupon Convertible Bonds (ZCCB's) of USD 1000 each in terms of Notification received from the holder and in terms of Offering Circular dated March 24, 2006.

Indiabulls Real Estate - Allotment of equity shares

With reference to the earlier announcements dated May 18, 2009 and May 20, 2009 in respect of issue of Equity shares of face value Rs 2 each in the Company ("Equity Shares") to QIBs under Qualified Institutions Placement in terms of Chapter XII-A of SEBI Guidelines, Indiabulls Real Estate Ltd has now informed BSE that the duly authorised Committee of the Board of Directors of the Company at its meeting held on May 22, 2009, has issued and allotted 14,35,94,593 fully paid-up Equity Shares, at a price of Rs 185 per Equity Share (including a premium of Rs 183 per Equity Share), aggregating to Rs 26,56,49,99,705 (Rupees Two Thousand Six Hundred Fifty Six Crore Forty Nine Lac Ninety Nine Thousand Seven Hundred and Five only).

Consequent to the issue and allotment of the Equity Shares as aforesaid, the Paid-up
Equity Share Capital of the Company stands increased from the present Rs 51,50,41,292/- divided into 25,75,20,646 Equity shares of face value Rs 2/- each, to Rs 80,22,30,478/- divided into 40,11,15,239 Equity shares of face value Rs 2/- each.

Grasim Industries - Updates on Scheme of Arrangement

Grasim Industries Ltd has informed BSE that with reference to the Sanction Order dated April 29, 2009 passed by the Hon'ble High Court of Madhya Pradesh, Bench Indore. The Company has further informed that, the Scheme of Arrangement between Grasim Industries Ltd ("Grasim") and Vikram Sponge Iron Ltd ("VSIL") and their respective shareholders and creditors under Sections 391-394 of the Companies Act, 1956 (the "Scheme") has been made effective with effect from the date hereof, pursuant to the satisfaction of the conditions precedent in relation thereto, including finding of an amount equal to the slump sale consideration (i.e. Rs 1,030 Crores), by Welspun Power and Steel Ltd ("Welspun") into VSIL.

Pursuant to such effectiveness of the Scheme, with effect from the date hereof, the
Vikram Ispat undertaking of Grasim stands transferred to and vested in VSIL, and
Welspun has become the owner of almost the entire stake in VSIL. As such, VSIL has
ceased to be a subsidiary of Grasim.

Reliance Infrastructure - Board Meeting on May 24, 2009

Reliance Infrastructure Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 24, 2009, inter alia, to consider, the preferential allotment of equity and/or equity related securities entitling upto 4.3 crore equity shares, to the Promoters and/or other investors, against cancellation of the outstanding 4.3 crore warrants, subject to necessary permissions, sanctions, approvals and applicable provisions of law.

Geometric equity shareholders approve Scheme of Arrangement

Geometric Ltd has informed BSE that at a Court convening meeting of the Equity Shareholders of the Company held on May 21, 2009, pursuant to the Order dated April 23, 2009 of the Hon'ble High Court of Judicature at Bombay, called for the purpose of considering the Scheme of Arrangement between Geometric Ltd and its Shareholders for the purpose of financial restructuring of the Company.

The Equity Shareholders of Geometric Ltd approved the said Scheme with overwhelming majority being 86.96% in number and 99.02% in value, with this the said Scheme shall now be presented for approval mid consideration of the Hon'ble High Court of Judicature at Bombay.

Dai-Ichi Karkaria - Updates on Buy Back Offer

Ambit Corporate Finance Pvt Ltd ("Manager to the Buyback") on behalf of Dai-Ichi Karkaria Ltd ("Target Company") has issued this Corrigendum to the Public Announcement to the Equity Shareholders / Beneficial Owners of equity shares of the Target Company, which is in continuation of and should be read in conjunction with the Public Announcement ("PA") dated April 30, 2009, in compliance with the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998 ("Buyback Regulations"). The capitalized terms and abbreviations used in this Corrigendum shall have the same meaning as ascribed to them in the PA, unless otherwise specified.

The Equity shareholders / beneficial owners of Equity Shares of the Company are requested to note that the Board of Directors have passed a resolution dated May 21, 2009 to increase the Minimum Offer Shares (as defined in para 1.1 of the PA) from 60,000 Equity Shares to 2,25,000 Equity Shares.

There is a change in the date of commencement of the Buyback. The Buyback will now commence from May 25, 2009. Except the date of commencement of Buyback, there is no other change in the activity schedule as mentioned in para 12 of the PA.

Mirc Electronics - Updates

With reference to the earlier annoucement dated May 19, 2009 regarding Adjournment of Board Meeting, Mirc Electronics Ltd has now informed BSE that the Company has received the order of amalgamation of Guviso Holding Pvt Ltd with Mirc Electronics Ltd on May 21, 2009. The Company has since filed the same with the Registrar of Companies, Maharashtra on May 21, 2009. However, in view of the fact that certain formalities for compliance with the scheme of amalgamation will take some more time the Board meeting scheduled for May 23, 2009, will not be considering the accounts and dividend for the financial year 2008-09 in the said meeting and the date of next meeting which will consider the above items will be intimated in due course.

Lalit Polymers - Open Offer

RR Investors Capital Services Pvt Ltd ("Manager to the Offer") on behalf of B S Traders Pvt Ltd ("Acquirer") along with Alok Fintrade Pvt Ltd & Landmark Dealers Pvt Ltd ("Persons Acting in Concert" or "PAC") has issued this Public Announcement ("PA") to the Equity Shareholders of Lalit Polymers & Electronics Ltd ("Target Company"), pursuant to Regulation 10 & Regulation 12 as required under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 & Subsequent amendments thereto.

The Offer:

The Acquirers intend to make an Open Offer in terms of the SEBI (SAST) Regulations, 1997 to the shareholders of the Target Company, other than the parties to the SPA, to acquire 12,00,000 equity shares of Rs 10/- each representing 20% of the total paid Equity Share Capital & resultant Voting Rights of "Target Company" at a price of Rs 7.00 (Rupees Seven Only) per fully paid up equity share ("Offer Price") payable in Cash subject to the terms & conditions mentioned in PA.

Schedule of Activities:

Specified Date - June 19, 2009

Date of Opening of the Offer - July 10, 2009

Date of Closing of the Offer - July 29, 2009

JSW Steel - Board Meeting on May 28, 2009

JSW Steel Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 28, 2009, inter alia, to consider the following:

1. The Issue of Equity Shares / Securities convertible into Equity Shares, to eligible Qualified Institutional Buyers (QIB) in one or more tranches through Qualified Institutional Placement (QIP); and

2. For raising additional long term resources in the International Capital market through issue of ADRs / GDRs / FCCBs / and /or any other Convertible instrument(s).

Delta Corp - Outcome of EGM

Delta Corp Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on May 22, 2009, inter alia, has taken the following decisions:

1. Further issue of Securities in the course of domestic/international offering(s) by way of Q.I.P. in terms of the Chapter XII - A of the SEBI (DIP) Guidelines, 2000, Equity Shares, debentures Whether partly/ fully convertible and/or securities linked to Equity Shares and/or FCCB convertible into Equity Shares or depository receipts (GDRs/ADRs) and/or securities convertible into Equity Shares at the option of the Company and/or the holder of such securities and/or Equity Shares through depository receipts (GDRs/ADRs) and/or non-convertible debentures with warrants, secured or un-secured through prospectus and/or offer letter and / or placement memorandum and/or offering circular, upto an aggregate principal amount of Rs 150 Crores.

2. Appointment of Mr. Ashsih Kapadia as Managing Director and fixation of remuneration payable to him.

3. Increase in Authorised Capital of the Company from Rs 32 Crores to 34 Crores by creation of additional 2 Crores Equity Shares of Re 1/- each.

Kewal Kiran - Updates

Kewal Kiran Clothing Ltd has informed BSE that the Company had raised Rs 80.60 Crores by issuing 31,000,37 Equity shares of Rs 10/- each at a premium of Rs 250/- per share. The proceeds from the said issue would be utilized for capital expenditure in setting up new manufacturing facilities, expansion of distribution network by opening additional exclusive outlets, building corporate office and to meet general corporate purposes.

Gammon India - Outcome of Board Meeting

Gammon India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 21, 2009, inter alia, has decided the following:

1. Appointment of Directors as follows:

(1) Mr. Rajul Bhansali, Executive Director has been re-appointed as an Executive Director for a period of three Years w.e.f. March 30, 2009, subject to approval by Shareholders.

(2) Mr. Parvez Umrigar has been appointed as an Additional Director (Non-Executive Non- Independent) of the Company w.e.f. June 01, 2009 subject to approval by Shareholders.

(3) Mr. Naval Chaudhary has been appointed as an Additional Director (Independent Non-Executive) of the Company w.e.f. May 21, 2009 subject to approval by Shareholders.

(4) Mr. Rohit Modi has been appointed as the Deputy Managing Director (Executive), w.e.f. June 07, 2009, subject to approval by Shareholders.

(II) Issue of 1,60,00,000 (One Crore Sixty Lacs Only) Warrants convertible into equal number of equity shares of Rs 2/- each at a price of Rs 90.20 each on preferential basis in compliance with Chapter XIII of SEBI (Disclosure and Investor Protection) Guidelines, 2000 and Companies Act 1956, to the promoter group as follows:

(a) Name of the promoter : Pacific Energy Pvt. Ltd.
No of Warrants : 30,00,000.

(b) Name of the promoter : First Asian Capital Resources Pvt. Ltd
No of Warrants : 65,00,000.

(c) Name of the promoter : Devyani Estate and Properties Pvt. Ltd
No of Warrants : 65,00,000.

Total No. of Warrants : 1,60,00,000.

(III) Alteration of the Articles of Association by insertion of new articles 6A in the Article of Association of the Company.

(IV) Approved draft notice of Extra Ordinary General Meeting to be held on June 17, 2009.the Register of Members & Share Transfer Books of the Company will remain closed from to (both days inclusive) for the purpose of.

Nicco Corporation - Outcome of Board Meeting

Nicco Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 21, 2009, inter alia, has considered the following:

1. The Board considered and approved the final Restructuring Proposal as approved by the CDR Empowered Group, at its meeting held on February 26, 2009.

2. In line with the terms of the CDR package, the Board also considered and decided to convene an Extra Ordinary General Meeting of the Company on June 20, 2009 to consider the proposal for the issue and allotment of additional Equity Shares to Nicco Restructuring Employees' Trust fund for an additional amount of Rs 2.00 Crores (Rupees two crores only.) taking the total amount up to Rs 5.00 Crores as a part of the Corporate Debt Restructuring of the Company and CDR package as approved by the CDR Cell set up by the Reserve Bank of India.

HDFC - Allotment of equity shares

Housing Development Finance Corporation Ltd (HDFC) has informed BSE that the Corporation, on May 21, 2009, allotted 49,472 equity shares of Rs 10 each pursuant to conversion of FCCBs by bondholders and exercise of stock options by employees.

Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs 284,50,33,820 consisting of 28,45,03,382 equity shares of Rs 10 each.

The Summary of the FCCBs converted till date is as follows:

- Total FCCBs issued (Face Value USD 100000) : 5000
- Number of FCCBs converted till date : 3908
- % ge converted : 78.16%.

Jindal Saw - Outcome of Board Meeting

Jindal Saw Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 21, 2009, inter alia, has approved, subject to necessary approvals, the issuance / allotment of 27,30,000 Warrants with each warrant convertible into one (1) equity share of Rs 10/- each at a price not less than Rs 308.08 to M/s. Anbeeco Investments Ltd., a Company belonging to the Promoter Group.

The Board has also convened an Extraordinary General Meeting of the members of the Company on June 20, 2009 to approve the above proposal of issuance of warrants.

HDIL - Updates on ensuing Board Meeting on May 23, 2009

With reference to the earlier announcement dated May 18, 2009 regarding the Board Meeting of the Company is scheduled to be held on May 23, 2009, to consider adoption of Audited fourth quarter and annual accounts of the Company for the year ended March 31, 2009, Housing Development & Infrastructure Ltd (HDIL) has now informed BSE that at the said Board Meeting, Board will also consider proposal for fund raising through various means like Qualified Institutions Placement to Qualified Institutional Buyers, preferential allotment to the promoters and / or any such manner or way Board may deem fit.

Bajaj Auto - Outcome of Board Meeting

Bajaj Auto Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 21, 2009, inter alia, has also approved, subject to the approval of shareholders at the ensuing Annual General Meeting, the Employee Stock Option Scheme (ESOS), in terms of provisions of SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999, for the benefit of permanent employees (management category) of the company, its holding and subsidiary companies for a grant of options upto a maximum of 2,200,000 (Nos.) (approximately 1.5 % of the present paid up capital).

Bell Ceramics - Outcome of Board Meeting

Bell Ceramics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 12, 2009, inter alia, has approved the scheme of Arrangement.

The details of the scheme in nutshell are as under:

(a) the Company shall write off 2/3rd of the paid up equity share capital of the Company pursuant to sections 391 to 394, read with sections 100 to 104 and other applicable provisions of the Act;

(b) the Company shall consolidate 3 equity shares of Rs 3.33 (as reduced) each fully paid up into 1 equity share of Rs 10/- each fully paid up;

(c) the Company shall set off its accumulated losses upto March 31, 2008 against the Capital Restructuring account of the Company created from the paid up capital of the Company pursuant to Sections 391 to 394 and other applicable provisions of the Act.

(d) the Company shall convert 3 (three) 8% (earlier l2.5%) Redeemable Cumulative Preference Shares of Rs 10/- each fully paid up into 1 Equity Share of Rs 10/- each fully paid up.

(e) Accumulated amount of preference dividend aggregating to Rs 1564.51 payable to the preference shareholders shall stand cancelled.

Jaiprakash Associates - Disclosure of Pledge of Shares

Jaiprakash Associates Ltd has informed BSE that as per the intimation received by the Company, the pledge creatcd on 2,44,50,000 equity shares of the Company held by the Promoters / Promoter Group has been revoked and the shares under reference have been released from the Pledge.

Accordingly, out of total 2,54,20,000 shares pledged by the Promoters, as on date, only 9,70,000 shares remain pledged.

Date of Reporting : May 15, 2009
Name of the Company : Jaiprakash Associates Ltd
Total no of outstanding shares of the Company : 118,38,00,579

Name of the Promoter / Promoter Group - Sunita Joshi
No of Shares for which pledge has been revoked - 1,175,000

Name of the Promoter / Promoter Group - S K Jain
No of Shares for which pledge has been revoked - 1,000,000

Name of the Promoter / Promoter Group - P K Jain
No of Shares for which pledge has been revoked - 1,500,000

Name of the Promoter / Promoter Group - B K Jain
No of Shares for which pledge has been revoked - 3,000,000

Name of the Promoter / Promoter Group - Rajkumar Singh
No of Shares for which pledge has been revoked - 1,750,000

Name of the Promoter / Promoter Group - Praveen Kumar Singh
No of Shares for which pledge has been revoked - 1,675,000

Name of the Promoter / Promoter Group - Kumud Jain
No of Shares for which pledge has been revoked - 1,000,000

Name of the Promoter / Promoter Group - Anjali Jain
No of Shares for which pledge has been revoked - 1,550,000

Name of the Promoter / Promoter Group - P V Vora
No of Shares for which pledge has been revoked - 3,200,000

Name of the Promoter / Promoter Group - Rajenderr Singh
No of Shares for which pledge has been revoked - 2,250,000

Name of the Promoter / Promoter Group - D G Kadkade
No of Shares for which pledge has been revoked - 250,000

Name of the Promoter / Promoter Group - S P Joshi
No of Shares for which pledge has been revoked - 1,650,000

Name of the Promoter / Promoter Group - Sunil Joshi
No of Shares for which pledge has been revoked - 1,675,000

Name of the Promoter / Promoter Group - Nirupama Saklani
No of Shares for which pledge has been revoked - 1,275,000

Mphasis - Results Press Release

Mphasis Ltd has informed BSE regarding a Press Release dated May 20, 2009 titled "Quarterly revenue crosses Rs 1,000 crores. EPS moved further up from Rs 10.05 to Rs 10.74 Quarter-on-Quarter, profits up 218.7% year-on-year".

Merck Board approves Buy Back

Merck Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 20, 2009, inter alia, has approved a buy-back of its outstanding equity shares in accordance with the provisions of Sections 77A, 77AA, 77B and other applicable provisions, of the Companies Act, 1956 and the subsequent amendments thereto (the "Act") and the provisions contained in the Securities and Exchange Board of India (Buyback of Securities) Regulations 1998 ("Buyback Regulations") and subject to such other approvals, permissions and sanctions as may be necessary from statutory authorities in two tranches as follows:

1. The Company will purchase its fully paid equity shares of the face value of Rs 10/- up to an amount of Rs 451.1 million being not more than 10% of the total paid up capital and free reserves as per the audited balance sheet for the year ended December 31, 2008 at a maximum price not exceeding Rs 435/- per equity share (hereinafter referred to as the ("Offer of Buy-back").

2. The Company will subject to shareholders approval purchase its fully paid equity shares of the face value of Rs 10 each up to 25% of the total paid-up equity share capital and free reserves of the Company i.e. to the extent of Rs 1127.8 million (as reduced by the amount, if any, used for buy back of shares in terms of the Offer of Buy-back in terms of the proviso to Section 77A (2) of the Act and in pursuance of the resolution as aforesaid passed by the Board), as per audited balance sheer for the year ended December 31, 2008 at a maximum price not exceeding Rs 435/-per equity share.

The Company will buyback the equity shares as mentioned aforesaid on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), through a transparent mechanism of open market purchases, from time to time.

Grasim Industries - Change in Directorate

Grasim Industries Ltd has informed BSE that in the meeting of the Board of Directors of the Company held on May 19, 2009, the Board has accepted the resignation of Mr. D D Rathi as Whole Time Director of the Company effective from June 01, 2009. Further, the Board at its said meeting has approved appointment of Mr. Rathi as an Additional Director of the Company w.e.f. June 01, 2009.

The Board at its said meeting has approved appointment of Mr. Adesh Gupta as Chief Financial Officer of the Company.

Mr. D D Rathi has ceased to be the Chief Financial Officer of the Company w.e.f. May 20, 2009.

GARDEN SILK MILLS LTD. - Updates

Garden Silk Mills Ltd. has informed the Exchange that "Garden Silk Mills Limited is setting up a Continuous Polymerisation Plant for polyester Filament grade chips with a capacity of about 300 tons per day (tpd) alongwith FDY Spinning capacity of about 100 tpd. The Company is also expanding its yarn processing capacity. The Capital outlay for these projects is expected to be about Rs.150 crores".

Dr Reddys - Grant of Stock Options

Dr Reddys Laboratories Ltd has informed BSE that the Board of Directors of the Company on May 18, 2009, approved the grant of 9,000 stock options, exercisable at par value of Rs 5/- to the Independent Directors of the Company under "Dr. Reddy's Employees Stock Option Scheme, 2002" and also approved the grant of 9,000 stock options, exercisable at par value of Rs 5/- to the Independent Directors of the Company under "Dr. Reddy's Employees ADR Stock Option Scheme, 2007".

Further the Compensation Committee of the Board of Directors of the Company on May 18, 2009 approved the grant of 350,840 stock options, exercisable at par value of Rs 5/- to the employees of the Company under "Dr. Reddy's Employees Stock Option Scheme, 2002" and also approved the grant of 65,600 stock options, exercisable at par value of Rs 5/- to the employees of the Company under "Dr. Reddy's Employees ADR Stock Option Scheme, 2007".

Crompton Greaves announces Q4 & FY 09 results

Crompton Greaves Ltd has announced the following Audited results for the quarter & year ended March 31, 2009:

The results for the Quarter ended March 31, 2009

The Company has posted a net profit after tax of Rs 1308.80 million for the quarter ended March 31, 2009 as compared to Rs 1030.70 million for the quarter ended March 31, 2008. Total Income has increased from Rs 11830.90 million for the quarter ended March 31, 2008 to Rs 13722.00 million for the quarter ended March 31, 2009.

The results for the Year ended March 31, 2009

The Company has posted a net profit after tax of Rs 3970.90 million for the year ended March 31, 2009 as compared to Rs 3139.20 million for the year ended March 31, 2008. Total Income has increased from Rs 39433.30 million for the year ended March 31, 2008 to Rs 46467.10 million for the year ended March 31, 2009.

The Consolidated Results are as follows

The consolidated results for the Quarter ended March 31, 2009

The Group has posted a Net Profit from ordinary activities after tax, minority interest and share of profit / (loss) of associate Companies of Rs 1939.50 million for the quarter ended March 31, 2009 where as the same was at Rs 1431.70 million for the quarter ended March 31, 2008. Total Income is Rs 24815.10 million for the quarter ended March 31, 2009 where as the same was at Rs 20331.70 million for the quarter ended March 31, 2008.

The consolidated results for the Year ended March 31, 2009

The Group has posted a Net Profit from ordinary activities after tax, minority interest and share of profit / (loss) of associate Companies of Rs 5599.00 million for the year ended March 31, 2009 where as the same was at Rs 4067.20 million for the year ended March 31, 2008. Total Income is Rs 87959.60 million for the year ended March 31, 2009 where as the same was at Rs 68978.50 million for the year ended March 31, 2008.

Current year figures include the results of the subsidiaries acquired during the year. Consequently, the figures for the current year are not comparable with the figures of the previous year and figures for the previous year have been regrouped and reclassified, wherever necessary.

Unitech - Updates on Unitech-Telenor Deal

With reference to the earlier announcement dated March 17, 2009, Unitech Ltd has now informed BSE that Unitech Wireless (North) Pvt. Ltd., Unitech Wireless (South) Pvt. Ltd., Unitech Wireless (Kolkata) Pvt. Ltd, Unitech Wireless (Delhi) Pvt, Ltd., Unitech Wireless (East) Pvt. Ltd., Unitech Wireless (Tamilnadu) Pvt. Ltd., Unitech Wireless (Mumbai) Pvt. Ltd. and Unitech Wireless (West) Pvt. Ltd. (hereinafter collectively referred to as "Unitech Wireless") have on May 19, 2009 received an amount of Rs 1,130 crores (approx.) in aggregate from Telenor Asia Pte Ltd ("Telenor") for acquisition of further 15.5% stake in Unitech Wireless by way of issuance of fresh shares therein. Taking into account 33.5% stake acquired by Telenor in first phase by investing Rs 1,250 crores, the total stake of Telenor in Unitech Wireless shall be 49% of its total issued and paid-up equity share capital.

In addition, Unitech Wireless on May 19, 2009 has received a sum of around Rs. 240 crores from Telenor as share application money for issuance of additional equity shares in Unitech Wireless in order to maintain its stake at 49% level, post conversion into equity of bonds of Rs. 250 crores issued by Unitech Wireless to an Indian shareholder.

Ruchi Soya Industries Ltd

Ruchi Soya Industries Ltd. has informed the Exchange that the Board of Directors at its meeting held on May 19, 2009 has inter alia, reconsidered and approved the following: (1)Issue of 3,00,00,000 equity shares of Rs. 2/- each at a premium of Rs. 33.00 per share, on preferential basis to FIIs in accordance with the provisions of Chapter XIII of the SEBl (Disclosure & Investor Protection) Guidelines, 2000. (2) Issue of 7,00,00,000 warrants (each warrant being convertible into one equity share of Rs. 2/-) at a price of Rs. 35.00 per warrant, on preferential basis to Promoters, their relatives and associates in accordance with the provisions of Chapter XIII of the SEBl (Disclosure & Investor Protection) Guidelines, 2000.(3) Revision in issue price of 54,71,000 options issued under an Employees Stock Option Scheme 2007 of the Company.The Board has called an extra-ordinary general meeting on June 16, 2009 for taking the approval of shareholders in accordance with the provisions of Section 81 (1 A) of the Companies Act, 1956 for the issue of equity shares and warrants on preferential basis and for revision in issue price of employee stock options.

Uttam Galva equity shareholders to approve Scheme of Arrangement

Uttam Galva Steels Ltd has informed BSE that pursuant to an Order made on April 24, 2009, the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of the Company will be held on June 06, 2009., for the purpose of considering, and, if thought fit, approving with or without modification(s), the proposed Scheme of Arrangement between Shree Uttam Steel and Power Ltd and Uttam Galva Steels Ltd.

Wipro - Allotment of equity shares

Wipro Ltd has informed BSE that Administrative Committee of the Company's Board of Directors vide their Circular resolution dated May 18, 2009 resolved to issue and allot 4480 equity shares of Rs 2/- each pursuant to exercise of the stock options by the eligible employees under Restricted Stock Unit Plan 2004.

Rural Electrification - Updates

Rural Electrification Corporation Ltd (REC) has informed BSE that the President of India vide order dated April 26, 2004 had appointed Shri. H D Khunteta, as Director (Finance) in REC for a period of 5 years w.e.f. the date of taking over the charge of the post or till the date of his superannuation or until further orders, whichever is earliest. In pursuance of the above order, Shri. H D Khunteta had assumed charge as Director (Finance) in REC w.e.f. May 05, 2004 and the period of 5 years expired on May 04, 2009.

Ministry of Power vide an Office Order dated May 04, 2009 informed that with the approval of Hon'ble Minister of Power, it has been decided that Shri. H D Khunteta shall continue to hold the charge of the post of Director (Finance), REC, for a period of three months beyond May 04, 2009 or till the final vigilance clearance is received from CVC or until further orders, whichever is earlier.

Shri. H D Khunteta, Director (Finance) is holding 18760 equity shares in his individual capacity and 100 equity shares in the capacity of nominee of the President of India, in the Company as on May 04, 2009.

HOEC - Updates

Hindustan Oil Exploration Company Ltd (HOEC) has informed BSE that the Company, designated as Operator of PY-1 Field, has mobilised drilling unit Deep Driller-8 to the PY-1 site and commenced tie-back of the development well "Earth" (drilled and tested earlier by the Company) to the PY-1 platform.

Subsequently, the rig shall be utilised to drill two additional producer wells "Mercury" and "Jupiter" in PY-1 Field.

The Company has 100% Participating Interest in the said Field.

ACC - Allotment of Shares

ACC Ltd has informed BSE that pursuant to the Resolutions passed by Circular dated May 14, 2009 by the Shareholders / Investors Grievance Committee of the Board,

5,425 shares were allotted against exercise of Employee Stock Options under the ESOS Scheme as under:

- ESOS 2001 : 150 shares
- ESOS 2004 : 5,275 shares

Consequently, the paid up Share Capital of the Company has increased from 18,76,84,768 shares to 18,76,90,193 shares of Rs 10/- face value, as of date.

Reliance Infrastructure equity shareholders to approve Scheme of Arrangement

Reliance Infrastructure Ltd has informed BSE that pursuant to an Order made on May 08, 2009, the High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of the Company will be held on June 09, 2009, for the purpose of considering and, if thought fit, approving with or without modification(s), the arrangement embodied in the Scheme of Arrangement between Reliance Infrastructure Ltd ("the Demerged Company" or "Rlinfra") and Reliance Energy Generation Ltd ("the Resulting Company No. 1" or "REGL") and Reliance Goa and Samalkot Power Ltd ("the Resulting Company No. 2" or "RGSPL") and Reliance Power Transmission Ltd ("the Resulting Company No. 3" or "RPTL") and Reliance Energy Ltd ("the Resulting Company No. 4" or "REL") and Reliance Infraventures Ltd ("the Resulting Company No. 5" or "RIVL") and Reliance Property Developers Ltd ("the Resulting Company No. 6" or "RPDL") and their Respective Shareholders and Creditors.

Linc Pen - Updates on Scheme of Amalgamation

Linc Pen & Plastics Ltd has informed BSE that the Hon'ble High Court of Calcutta has at the hearing held on January 29, 2009, (certified copy of which were received on April, 29 2009) approved the Scheme of Amalgamation between Shree Writing Aid Pvt. Ltd with Linc Pen & Plastics Ltd and their respective shareholders ('Scheme').

The Appointed Date of the Scheme is April 01, 2008.

The certified copy of the High Court order has been filed with ROC on May 14, 2009.

Though the Scheme shall become effective on the Effective Date, i.e. May 14, 2009 the provisions of this Scheme shall be applicable and come into operation from the Appointed Date i.e. April 01, 2008

Arvind - Cancellation of Warrants

Arvind Ltd has informed BSE that Company had allotted 5,06,00,000 warrants to Promoter group of the Company, on November 17, 2007 convertible into equity shares at a price of Rs 52/- per share within a period of 18 months from the date of allotment of warrants.

Out of the above warrants, 96,00,000 warrants were converted into equity shares on March 28, 2008.

The remaining 4,10,00,000 warrants have not been converted into equity shares within the above period of 18 months. Accordingly, the said 4,10,00,000 warrants stands cancelled and the balance amount of Rs 21,32,00,000 (Rupees twenty one crore thirty two lacs only) being the amount received upfront at Rs 5.2 per warrant stands forfeited as per the terms of the issue.

Apollo Tyres - Acquisition of 100% shareholding control of Vredestein Banden B.V., Netherlands

With reference to the earlier annoucement dated April 30, 2009, Apollo Tyres Ltd (Apollo) has now informed BSE that the Company has successfully concluded, on May 15, 2009 the acquisition of 100% shareholding of Dutch Company "Vredestein Banden B.V." (VBBV). The acquisition will be funded by internal accruals and external loan finance. The acquisition documents have been executed in the Netherlands on completion of all formalities / regulatory approvals. The transaction is done through a special purpose vehicle of Apollo.

VBBV is a premium Tier-I Tyre manufacturer with a portfolio of high end, high speed rated passenger car tyres, having its manufacturing plant near Amsterdam with a production capacity of 5.5. million tyres p.a. The above acquisition will provide Apollo entry into Europe with manufacturing facility and market and distribution network of VBBV as well as access to high end technology.

Aditya Birla Nuvo - Updates

Aditya Birla Nuvo Ltd has informed BSE that M/s. Surya Kiran Investments Pte. Ltd. (part of Promoter Group of the Company) holding 1,88,00,000 warrants issued to them on preferential basis on February 21, 2008, has informed that they will not exercise the option in respect of the above warrants.

UTV Software - Clarification

With reference to the news item appearing in a leading financial daily dated May 16, 2009, UTV Software Communications Ltd has clarified to BSE as under:

1. The Company is in discussions with the directors of its subsidiary i.e. UMP Plc in relation to a potential offer for the issued share capital of UMP Plc.

2. The process is at an early stage and there can be no certainty that an offer will be made for UMP Plc and neither can there be any certainty as to the terms of any offer.

3. The Company has submitted to BSE a copy of the announcement that has been made by UMP Plc in the United Kingdom in this regard.

4. Appropriate announcements, if any in this regard may be made in due course.

Torrent Power announces Q4 & FY 09 results

Torrent Power Ltd has announced the following results for the quarter & year ended March 31, 2009:

The Unaudited results for the Quarter ended March 31, 2009

The Company has posted a net profit of Rs 1446.40 million for the quarter ended March 31, 2009 as compared to Rs 504.60 million for the quarter ended March 31, 2008. Total Income has increased from Rs 9483.90 million for the quarter ended March 31, 2008 to Rs 10732.90 million for the quarter ended March 31, 2009.

The Audited results for the Year ended March 31, 2009

The Company has posted a net profit of Rs 4078.90 million for the year ended March 31, 2009 as compared to Rs 2112.40 million for the year ended March 31, 2008. Total Income has increased from Rs 37220.90 million for the year ended March 31, 2008 to Rs 44654.00 million for the year ended March 31, 2009.

The Consolidated results are as follows:

The Unaudited consolidated results for the Quarter ended March 31, 2009

The Group has posted a net profit of Rs 1429.20 million for the quarter ended March 31, 2009 as compared to Rs 504.60 million for the quarter ended March 31, 2008. Total Income has increased from Rs 9483.90 million for the quarter ended March 31, 2008 to Rs 10736.00 million for the quarter ended March 31, 2009.

The Audited consolidated results for the Year ended March 31, 2009

The Group has posted a net profit of Rs 4061.70 million for the year ended March 31, 2009 as compared to Rs 2112.40 million for the year ended March 31, 2008. Total Income has increased from Rs 37220.90 million for the year ended March 31, 2008 to Rs 44657.10 million for the year ended March 31, 2009.

MAHINDRA & MAHINDRA LTD. - Updates

Mahindra & Mahindra Ltd. has informed the Exchange that "The Automotive Sector of Mahindra & Mahindra Limited has entered into a long term wage agreement with Bhartiya Kamgar Sena Union (BKS),which represents workmen of the Company's Igatpuri Plant, near Nashik, Maharashtra.On behalf of workmen, Mr. Suryakant Mahadik, President, BKS, Mr. Albert Pinto, General Secretary, BKS, Mr. Prakash Naik, Secretary, BKS, Mr. Rajendra Kadam, Unit President BKS and Mr. Razzak Shaikh, Unit General Secretary, BKS signed the Agreement. Mr. Vijay Dhongde, Senior Vice-President, Manufacturing Operations, Mr. S.K. Kulakarni, Senior GM, P&IR, Mr. K.G. Shenoy Sr. GM-Manufacturing Operations and Mr. Krishna S. Gawade (DGM - HR &IR), represented the Management of Automotive Sector of Mahindra & Mahindra Limited. The agreement will be valid for a period of three and a half years".

ZUARI INDUSTRIES LTD. - Dividend

Zuari Industries Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 15, 2009 has recommended an equity dividend of Rs. 3/- per share.

HINDUSTAN UNILEVER LIMITED - Divestment

Hindustan Unilever Limited has informed the Exchange that the Company has divested its entire shareholding in Shamnagar Estates Private Limited and consequently, Shamnagar Estates Private Limited has ceased to be a subsidiary of the Company w.e.f. May 13, 2009.

ICRA LIMITED - Dividend

Icra Limited has informed the Exchange that the Board of Directors in its meeting held on May 15, 2009 has recommended payment of dividend of Rs. 7.00 per Equity Share of the face value of Rs. 10 each. In addition, Special Dividend of Rs. 5.00 per Equity Share is also recommended by the Board. These are subject to approval of the Shareholders of the Company.

JAIPRAKASH ASSOCIATES LIMITED - Scheme of Amalgamation

Jaiprakash Associates Limited has informed the Exchange vide its letter dated May 15, 2009 that "The Hon'ble High Court of Judicature at Allahabad has today sanctioned the Scheme of Amalgamation of Jaypee Hotels Ltd., Jaypee Cement Ltd., Jaiprakash Enterprises Ltd. and Gujarat Anjan Cement Ltd. with Jaiprakash Associates Ltd. The formal Order of the High Court will follow in due course".

Ashok Leyland Board recommends Dividend

Ashok Leyland Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2009, inter alia, has recommended a dividend of Re 1/- per equity share of face value of Re 1/- each (100%).

Further the Company has informed that, the Board of Directors has also constituted a Committee of Directors to consider raising further funds through equity related instruments.

ICI India Board recommends Dividend

: ICI India Ltd has informed BSE the Board of Directors of the Company at its meeting held on May 15, 2009, inter alia, has recommended a dividend of Rs 16.00 per share for the year ended March 31, 2009 (previous year : Rs 8.00 per share). The dividend will be paid after the approval of the shareholders at the forthcoming Annual General Meeting.

Everest Kanto Board recommends Final Dividend

Everest Kanto Cylinder Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2009, inter alia, has recommended final dividend of Rs 1.20 per share (60% on par value of Rs 2 per equity share) for the financial year ended March 31, 2009.

KOTAK MAHINDRA BANK LIMITED - Updates

Kotak Mahindra Bank Limited has informed the Exchange that: "We are in receipt of an intimation dated May 14, 2009 from Ahmedabad Commodity Exchange Limited (ACE) of its receiving an in-principle approval letter from Forward Markets Commission (FMC) for its proposal to upgrade and transform into nationwide Multi Commodity Exchange and induct Kotak Mahindra Group, being Kotak Mahindra Bank Limited and its affiliates, as an anchor investor. The in-principle approval from FMC is subject to ACE complying with the conditions stipulated therein. Kotak Mahindra Bank Limited will be taking appropriate steps in furtherance of the said in-principle approval, subject to all necessary regulatory and other approvals".
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