Bazaar Watch


Friday, August 28, 2009

Sun Pharmaceutical Files HSR Application for Taro Tender Offer

Sun Pharmaceutical Industries Ltd has submitted to BSE a Company's Press Release - announcing about Company's filing on August 27, 2009 of a new application with the U.S. Federal Trade Commission and the Antitrust Division of the U.S. Department of Justice to restart the Hart-Scott- Rodino Act waiting period in connection with the Tender Offer by Alkaloida Chemical Company Exclusive Group Ltd, Company's subsidiary, for all outstanding Ordinary Shares of Taro Pharmaceutical Industries Ltd.

Further the Company has informed that the Company is filing necessary notification to the U.S. Securities and Exchange Commission informing them about above under required format.

DLF - Allotment of Equity Shares

DLF Ltd has informed BSE that the Committee of Directors of the Board of Directors, at its meeting held on August 26, 2009 allotted 10,930 Equity Shares of Rs. 2/- arising out of exercise of stock options by the eligible employees under the Employees Stock Options Scheme, 2006. These shares will rank pari-passu with the existing equity shares in all respect.

Wipro - Allotment of Equity Shares

Wipro Ltd has informed BSE that Administrative Committee of the Company's Board of Directors vide Circular resolution dated August 28, 2009:

1. Resolved to issue and allot 34321 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 18042 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.

IRB Infrastructure - Updates

IRB Infrastructure Developers Ltd has informed BSE that the Company has received an official communication from the National Highways Authority of India ("NHAI") by way of a Letter of Acceptance ("LOA") dated August 27, 2009 whereby NHAI has accepted the Company's Price Bid and has declared the Company as the "Selected Bidder" for the Talegaon Amravati BOT Project involving 4 lanning of existing Talegaon - Amravati section of NH 6 from k.m. 100.00 to k.m. 166.725 with an aggregate length of appx. 67 kms ("the Project"). Now the Company is required to form a Special Purpose Vehicle ("SPV") as per provisions of the bid.

The Project is having concession period of 22 years including construction period of 910 days. Estimated cost of the Project is appx. Rs. 800 Crores. The Company has sought Grant of Rs. 216 Crore from NHAI for the Project.

Goldiam International - Updates

Goldiam International Ltd has informed BSE that Goldiam HK Ltd, Hong Kong, a subsidiary of the Company, had offered shares on Rights basis to all the shareholders. However, in view of the global economic slowdown, the Company has not subscribed to the Rights issue and consequently, the shareholding of the Company in Goldiam HK Ltd has fallen below 50% and Goldiam HK Ltd has ceased to he a subsidiary of the Company.

Arrow Coated - Updates

Arrow Coated Products Ltd has informed BSE that Mr. Samir Patel, Mr. Martin Olsen and Mr. Philip Liable who are holding 99,950 Equity Shares representing 1.884% of the Paid up Capital of the Company particular whereof given herein under and who have been classified till now as Promoter Group Shareholder, are no longer associated with Promoter Group.

1. Name of the Shareholder: Mr. Samir Patel
No. of Shares: 93,700
% of Paid up Capital: 1.766

2. Name of the Shareholder: Mr. Martin Olsen
No. of Shares: 3,125
% of Paid up Capital: 0.059

3. Name of the Shareholder: Mr. Philip Liable
No. of Shares: 3,125
% of Paid up Capital: 0.059

Accordingly, henceforth Mr. Samir Patel, Mr. Martin Olsen and Mr. Philip Liable will not be considered as person acting in concert with the Promoter Group and their shareholding will not be considered as Promoter Group Shareholding.

Vision Corporation - Updates

Vision Corporation Ltd has informed BSE that the Company has signed an agreement with PUBLIC PERFORMANCE LTD (PPL) for distilled mobile ring tones download.

Vision through its diversified business in media and all set to be a fully integrated entertainment Company is planning hard to grow the profits through its major 5 verticals i.e.

- Film Production - No of movies produced and sold.

- Film Distribution - Already have 200 movies rights which are being distributed.

- Music Company - Owns above 1000 albums related to Bollywood, religious, ghazals etc.

- Publication House - FILMS TODAY & GLOSS N GLAMOUR already in market, Eye opener & sports Vision will, be launched shortly.

- Satellite channels - Received license FOR VISION TV CHANNELS I.E. MUSIC, EDUCATION & ENTERTAINMENT

Further Mr. A. K. Mishra says since the financial quarter results were very impressive, this will also add to the Company's benefits.

SAIL - Merger of Bharat Refractories Ltd with SAIL

Steel Authority of India Ltd (SAIL) has informed BSE that Ministry of Corporate Affairs has approved the amalgamation of Bharat Refractories Ltd (BRL) with Steel Authority of India Ltd (SAIL) under Section 396 of the Companies Act, 1956 vide Bharat Refractories Ltd and the Steel Authority of India Ltd Amalgamation Order published in Gazette Notification No.S.O.1847(E) dated July 28, 2009. The appointed date of amalgamation is
April 01, 2007.

In terms of the above Order, a copy of the Order has been filed by the transferree company i.e. Steel Authority of India Ltd on August 27, 2009.

CESC - Updates

CESC Ltd has informed BSE that the Company has on August 27, 2009 entered into an agreement pursuant to which an interest has been acquired in Dhariwal Infrastructure Private Limited (DIPL) which is engaged in setting up a 600 MW thermal power generating station at Chandrapur in the State of Maharashtra. Consequent to this acquisition, DIPL has become CESC's subsidiary.

Thursday, August 27, 2009

Geometric - Updates

With reference to the earlier annoucement dated August 26, 2009, regarding Board recommends Dividend, Geometric Ltd has now informed BSE that in the said annoucement, due to typographical error, the Company has revised the item no. 3, which should be read as follows:

"Issuance of 300,000 stock options to the Directors of the Company and issuance of 600,000 stock options to the Employees of the Company and authorized the Compensation Committee to frame a suitable scheme subject to the approval of the members of the Company."

Uflex - Updates

With reference to the earlier announcement dated April 01, 2009 about the Company's decision to sell and transfer 100% of shareholding of its Distillery Unit under Wholly Owned Subsidiary, i.e. M/s. UBIO Chemicals Ltd to the third party, Uflex Ltd has now informed BSE that the Company has sold and transferred 51% of the holding of M/s. UBIO Chemicals Ltd to the third party and the balance 49% of shareholding will be transferred in due course of time in terms of Share Purchase Agreement dated March 30, 2009.

Accordingly, the Company has also sold & transferred the balance 49% of the holding of M/s. UBIO Chemicals Ltd to the third party in terms of the said Agreement.

Varun Industries - Updates

With reference to earlier announcement dated August 03, 2009 regarding :

1. The Company had incorporated the following three Wholly Owned Subsidiaries in Mauritius: -
a. Varun Holdings Ltd,
b. Varun Mines and Minerals Ltd,
c. Varun Petroleum Ltd.

2. The above-referred Varun Petroleum Ltd, Mauritius, had entered into an agreement to acquire majority shares in Varun Petroleum SARL, Madagascar.

3. Similarly, the above-referred Varun Mines and Minerals Ltd, Mauritius had entered into agreements to acquire majority shares in Madagascar Energy Corporation, Madagascar and Varun International SARL, Madagascar,

Varun Industries Ltd has now informed BSE that :

(I) The above named Varun Petroleum SARL, Madagascar, has been awarded an onshore block, bearing No. 3101 for the exploration, exploitation and distribution of hydrocarbon liquids in Madagascar.

(II) Further, the above named Varun International SARL, Madagascar, has signed a Joint Venture (JV) Agreement with OMNIS and Institute for the Science and Technique of Nuclear Energy, Madagascar (INSTN), for the formation of a special purpose vehicle company by the name Varun Energy Corporation, which will operate the JV, INSTN represents Atomic Energy International Agency, which conduct technical study of radio active material as well as control the sale in international market. Varun International SARL, Madagascar and Madagascar Energy Corporation, Madagascar have been awarded 1011 blocks for Uranium mining and further 100 blocks are in the process of being awarded.

Tamilnadu Telecommunications - Updates

Tamilnadu Telecommunications Ltd (TTL) has informed BSE that the Union Cabinet in its meeting held on August 20, 2009 has approved the additional investment by TCIL in Equity of TTL. The Union Cabinet has approved to enhance the equity share capital of TCIL in its Joint Venture Company, M/s. Tamilnadu Telecommunications Ltd (TTL) from Rs 695.10 lakhs to
Rs 2238.37 lakhs. The equity percent of TCIL shall go to 49% which amounts to conversion of loans to equity to the extent of Rs 1543.27 lakhs, once the total proposed revival package of TTL is approved which includes other restructuring by Banks also which are pending.

The Union Cabinet also gave its approval to authorize TCIL to provide bridge loans to the extent of Rs 12.5 crores till loans from banks are organized. Major portion of this loan is towards one time settlement of consortium banks loans.

Alfa Transformers - Updates

With reference to the earlier announcement dated August 26, 2009 regarding suspension of all operations at Unit-I Factory of the Company, Alfa Transformers Ltd has now informed BSE that, due to un-authorised strike by the Worker's Union and subsequent developments, the management has decided to suspend all operations in the Factory (i.e. Unit-I) of the Company situated at Plot No.3337, Mancheswar Industrial Estate, Bhubaneswar-751010 with effect from August 26, 2009.

However, the situation at other three Units of the Company is normal and usual works are going-on in those factories.

McNally Bharat - Receipt of Orders

McNally Bharat Engineering Company Ltd has informed BSE that the Company have received the
following orders from HINDALCO Industries Ltd:

1. An order for Design, Engineering, Supply, Erection, Testing and Commissioning including Civil works and Structural works at site for Green Anode Plant of Aditya Alumina Project (52 TPH) at Orissa for a value of Rs 86.66 Crores.

2. An order for Design, Engineering, Supply, Erection, Testing and Commissioning including Civil works and Structural works at site for Green Anode Plant of Mahan Alumina Project (35 TPH) at Madhya Pradesh for a value of Rs 92.61 Crores.

Cybermate Infotek Board to consider Sub-Division of equity shares

Cybermate Infotek Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 03, 2009, inter alia, to discuss the following:1. To consider and approve the proposal for sub-division of the face value of equity shares into smaller denomination.2. To adopt the directors report and notice of annual general meeting and to fix the date for book closure.

Wednesday, August 26, 2009

Mphasis - Exercise of Stock Options

Mphasis Ltd has informed BSE that the exercise of the following stock options have been approved by the ESOP Committee of the Company.

1. Scheme: 1998 Plan Version I & II
Options Exercised: 2,392

2. Scheme: ESOP 2000 plan
Options Exercised: 5,403

3. Scheme: ESOP 2003 plan
Options Exercised: -

4. Scheme: ESOP 2004 plan
Options Exercised: 1,675

Total : 9,470

The terms and time period of exercise of the stock options is as per the relevant ESOP Schemes.

ACC - Allotment of Shares

ACC Ltd has informed BSE that pursuant to the Resolutions passed by Circular dated August 26, 2009 by the Shareholders / Investors Grievance Committee of the Board,

1,575 shares were allotted against exercise of Employee Stock Options under the ESOS Scheme as under:

- ESOS 2004 : 1,575 shares

Consequently, the paid up Share Capital of the Company has increased from 18,77,01,422 shares to 18,77,02,997 shares of Rs 10/- face value, as of date.

Shasun Chemicals - Updates

Shasun Chemicals & Drugs Ltd has informed BSE that the Company has received notice from Tamil Nadu Pollution Control Board under The Air (Prevention and Control of Pollution) Act, 1981 for closure of plant situated at SIPCOT Industrial complex in Cuddalore, Tamil Nadu.

Consequent to the notice, the operations at the Cuddalore plant have been stopped effective August 25, 2009. The closure will result in partial disruption to the Cuddalore operations.

The Company has preferred an appeal and is confident of resolving the issue at the
earliest.

Educomp Solutions Board approves Sub-Division of Shares

Educomp Solutions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 26, 2009, inter alia, in order to improve the liquidity of the Company's shares in the Stock market and to make it affordable to the small Investors has approved sub-division (stock split) of one (1) equity share of the face value of Rs. Ten (Rs. 10/-) each into Five (5) equity shares of the face value of Rs. Two (Rs. 2/-) each.

The said sub division of shares shall be subject to the approval of Share holders of the Company in the ensuing general meeting scheduled to be held on September 26, 2009.

Procter & Gamble - Updates

Procter & Gamble Hygiene & Health Care Ltd has informed BSE that based on information provided to the Company, The Malabar Company (a Delaware Corporation) has merged on August 20, 2009 into Rosemont LLC (a limited liability Company organized and existing under the laws of State of Delaware (U.S.A).

As a consequence, the shareholding of Promoter Group has increased in Procter & Gamble Hygiene & Healthcare Ltd (PGHH) to 70.64% and a subsidiary Company in India of The Malabar Company has become a subsidiary Company of Rosemont LLC.

Further the Company has informed that, the merger has taken place in accordance with the applicable laws of State of Delaware, USA.

Rosemont LLC prior to the aforesaid merger was holding 3.35% equity of PGHH which now stands increased after merger to 5.26%

Further the Company has informed that, aforesaid merger falls within the ambit of Regulation 3(1)(j)(ii) of the SEBI (ACQUISITION OF SHARES & TAKEOVERS) REGULATIONS 1997 and hence Regulations 10, 11 & 12 of the said Regulations are not applicable to the said increase in equity stake of the Promoter & Promoter Group.

Pentamedia Graphics - Updates on Scheme of Amalgamation

Pentamedia Graphics Ltd has informed BSE that the Hon'ble High Court of Judicature at Madras, vide its order dated August 03, 2009, has sanctioned the Scheme of Arrangement, Amalgamation and Compromise ("Scheme").

As per the said Scheme, the operative date for amalgamation of Pentasoft Technologies Ltd with Pentamedia Graphics Ltd will be October 01, 2008. The Order sanctioning the said Scheme was filed with the Registrar of Companies, as per the direction of the Hon'ble High Court and the same was taken on record by the Registrar of Companies on August 24, 2009.

Kavveri Telecom - Updates

Kavveri Telecom Products Ltd has informed BSE that the Company's subsidiary Kavveri Telecom Infrastructure Ltd has signed a long term agreement for ten years on BOL basis with a second operator, who is one of the major cellular operators, for the INBUILDING WIRELESS solutions on pan-India basis. This agreement will contribute to substantial revenues of Kavveri Telecom Infrastructure Ltd.

Bhandari Hosiery Board approves Rights Issue

Bhandari Hosiery Exports Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 25, 2009, has approved the issue of equity shares on rights basis to the shareholders of the Company at par (i.e. at Rs. 10/- each), in the ratio of 7 equity shares for 20 fully paid equity shares held in the Company on record date to be fixed and on such terms and conditions as may be mentioned in Letter of Offer to be issued by the Company.

The total number of shares that will be issued on rights basis comes to 2609495 equity shares of Rs 10/- each and the total issue proceeds would be approx Rs. 2.61 crores.

Bilpower - Updates

Bilpower Ltd has informed BSE that pursuant to the resolution passed by the shareholders in the Extraordinary General Meeting held on February 02, 2008, the Company allotted 20,00,000 convertible warrants on February 23, 2008 to the Promoters / Others, at a price of Rs 350/- (including a premium of Rs 340/-) per warrant. Each warrant was convertible into one Equity Share of the face value of Rs 10/- each, at the option of the warrant holders, at any time prior to the expiry of 18 months from the date of allotment of the warrants i.e. up to August 22, 2009.

Further, the aforesaid warrant holders have not exercised their option for conversion, accordingly the Issue Committee of the Company decided to cancel entire 20,00,000 warrants and the amount of Rs 7,00,00,000/- being the amount received as 10% upfront from the warrant holders @ Rs 35/- per warrant stands forfeited, as per the terms of the issue.

Voltas - Updates

With reference to the earlier annoucement dated September 04, 2008, Voltas Ltd has now informed BSE that the Company has purchased 2,98,211 equity shares of Rohini Industrial Electricals Ltd (RIEL), a subsidiary of the Company, for a consideration Rs 23.56 crores. The Company's shareholding in RIEL stands increased from 51% to 67.33% of the equity capital of RIEL.

Thursday, August 20, 2009

JSL - Updates

JSL Ltd has informed BSE that the application made by the Company before the Corporate Debt Restructuring (CDR) Cell to restructure its debts has been admitted in their meeting held on August 11, 2009.The CDR Scbeme proposed by the Company will now be circulated amongst the lenders of the Company and with their concurrence; approval of CDR Cell will be obtained. The terms and conditions of the Scheme would be briefed upon the approval of CDR Cell.

HDFC - Updates

With reference to the earlier announcement regarding Issue of Warrants simultaneously with the issue of NCDs to QIBs on a QIP basis in accordance with Chapter X1II-A of the SEBI (Disclosure and Investor Protection) Guidelines, 2000 (SEBI DIP Guidelines), Housing Development Finance Corporation Ltd (HDFC) has informed BSE that the Book Running Lead Managers to the Issue, have informed the Corporation that the Warrants and NCDs have been priced as under:- Warrants at an Issue price of Rs 275 per Warrant, with a right exercisable by the warrant holder to exchange each warrant with one equity share of face value of Rs 10 each of the Corporation, any time before the expiry of a period of 3 years from the date of its allotment, at a Warrant Exercise Price of Rs 3,000 per equity share. The Issue price of Rs 275 per Warrant is neither adjustable with the Warrant Exercise Price nor refundable by the Corporation.- 20,000 zero coupon Secured Redeemable Non-convertible Debentures of the face value of Rs. 10,00,000 each due August 2011 for cash aggregating to Rs. 2,000 crores at an annualised YTM of 7.15 per cent. per annum (equivalent to a YTM of 6.93 per cent. on a monthly compounded basis); and- 20,000 zero coupon Secured Redeemable Non-convertible Debentures of the face value of Rs. 1,000,000 each due August 2012 for cash aggregating to Rs. 2,000 crores at an annualised YTM of 7.85 per cent. per annum (equivalent to a YTM of 7.58 per cent. on a monthly compounded basis).Further the Company has informed that, the payment date for both Warrants and NCDs is fixed for August 24, 2009.

Softsol India - Updates on Buy Back Offer

Karvy Investor Services Ltd ("Manager to the Buyback") has informed BSE about the following regarding Buy Back of shares by SoftSol India Ltd ("Target Company") from Open Market through Stock Exchange.Manager to the Buyback are still awaiting the confirmation from SEBI for opening the buyback offer scheduled to open on August 20, 2009. Hence the Buyback offer will not open from August 20, 2009 as scheduled and notified in the Public Announcement published on August 11, 2009.The Manger to the Buyback communicate separately as to when the Buyback offer will open.

Uttam Galva - Updates on Scheme of Arrangement

Uttam Galva Steels Ltd has informed BSE that Scheme of Arrangement between Shree Uttam Steel and Power Ltd and the Company for demerger of power division of Shree Uttam Steel and Power Ltd into the Company has been approved by the High Court, Bombay and High Court, Goa Bench on August 07, 2009 and August 17, 2009 respectively.

Vision Corporation - Updates

Vision Corporation Ltd has informed BSE that the Company has produced a remix album 'Survi as Sharabi' which will be launched with a grand celebration in the presence of media and celebrities from film industries and politics tentatively on August 22, 2009. This album contains 8 old films songs which is remixed by famous DJ Sej Wood and the video of 2 song are shot in Hollywood at various locations by eminent video director Rahul Sood. The publicity and promotion of this album will be carried out by the prominent PR O's.Further the Company is into various businesses of producing & releasing movies so far have more than 200 movies owned by the Company, producing serials, producing music albums audio and video both, Tie ups with various channels for telecasting the movies, IPTV Rights, Internet rights and hold various other rights of movies. The Company has also signed the agreements with the various digital content service providers like Airtel, Vodafone, Tata, Reliance, Spice, BSNL, Virgin etc for Digital Distribution for the Company's music content. This also adds to the profitability of the Company.Mr. A K Mishra says since these songs are the famous old songs it will be liked by all the public in general and also expects great profit through the sale of the CD's.Vision is all set to become a total integrated entertainment company having its budgets and investment planned for taking the company to greater heights.

Simbhaoli Sugars - Allotment of Equity shares on exercise of stock options

Simbhaoli Sugars Ltd has informed BSE that the Allotment Committee of the Board of Directors of the Company at its meeting held on August 19, 2009, has issued and allotted 1,16,876 equity shares of Rs 10 each at an exercise price of Rs 39/- (including premium of Rs 29.00/-) per equity share on exercise of 1,16,876 stock options granted to the eligible employees under Simbhaoli Sugars Ltd- Employees Stock option Scheme 2007.

Listing of equity shares of Adani Power Ltd

Trading Members of the Exchange are hereby informed that effective from August 20, 2009, the equity shares of Adani Power Ltd (Scrip Code: 533096) are listed and admitted to dealings on the Exchange in the list of 'B' Group Securities. For further details please refer to the notice no 20090817-20 dated August 17, 2009.

Wednesday, August 19, 2009

SIMBHAOLI SUGARS LIMITED - Allotment of Equity Shares

Simbhaoli Sugars Limited has informed the Exchange that "The Allotment Committee of the Board of Directors of the Company in its meeting held on August 19, 2009, has issued and allotted 1,16,876 equity shares of Rs.10 each at an exercise price of Rs. 39/- (including premium of Rs. 29.00/-) per equity share on exercise of 1,16,876 stock options granted to the eligible employees under Simbhaoli Sugars Limited- Employees Stock option Scheme 2007".

Tata Tea - Updates

With reference to the earlier announcement dated August 18, 2009, Tata Tea Ltd has now informed BSE that upon expiry of the stipulated time period since receipt of offer from Tata Chemicals Ltd. to purchase from the Company, 29,38,713 equity shares of Rs 10 each fully paid-up in Rallis India Ltd by way of inter-se Transfer amongst qualifying promoters, the Company have concluded the transaction on August 19, 2009 as an "off market" spot transaction, at a price of Rs 850 per share.

HOEC - Updates

With reference to the earlier annoucement dated July 17, 2009, Hindustan Oil Exploration Company Ltd (HOEC) has informed BSE that Hardy Exploration & Production (India) Inc, ("Hardy") the Operator of PY-3 Field, has inter-alia made the following announcement as part of their "Interim results for the six months ended June 30, 2009".

"Production from the PY-3 field was shutdown, on July 05, 2009, due to unscheduled repairs and maintenance of the offshore mooring facility. Adverse marine conditions have frustrated efforts of the contractor to assess and undertake necessary repairs to commence production. PY-3 production is expected to re-commence in September 2009."

The Company has noted that, the aforesaid announcement is based on the announcements made by Hardy, the Operator of PY-3 Field.

The Company has 21% non-operating participating interest in the said field.

Network 18 Media - Updates

Network 18 Media & Investments Ltd has informed BSE that:

"Network18 Holdings Ltd ("Network18 Holdings"), a Company incorporated in Cayman Islands is a subsidiary of Network 18 Media & Investments Ltd ("Company").

Network 18 Holdings had acquired 14.39% shareholding of the "The Indian Film Company Limited", Guernsey (TIFC), a Company listed on the AIM exchange of London, from a single shareholder from the market at a price of 39.75 pence per share and made a mandatory bid for all remaining shares not owned by Network18 Group for 40 pence per share vide an offer document dated August 03, 2009 ("Mandatory Offer") in accordance with The UK Takeover Code ("Code").

Under the Code, the Mandatory Offer was conditional upon Network18 Holdings receiving valid acceptances in respect of TIFC Shares which, together with TIFC Shares owned, acquired or agreed to be acquired before or during the Offer, would result in the Network18 Group holding TIFC Shares carrying more than 50 per cent of TIFC's voting rights.

The Board of Network18 Holdings announced at 4.00 p.m. (London time) on August 18, 2009, that it has received valid acceptances of the Offer for 14.2 percent shares of TIFC, which will take the shareholding of Network18 Group in TIFC to 50.2%. Accordingly the condition to the Mandatory Offer has now been satisfied and that the Mandatory Offer has become unconditional as to acceptances.

The Offer will remain open for acceptance until further notice and is subject to the provisions of the Code.

Though Network18 Holdings is the Offer or, the Directors of the parent (i.e. Company) are also required to assume responsibility under the Code for the information provided in the offer document and related documents including the announcement of August 18, 2009."

Asian Paints - Updates

Asian Paints Ltd has informed BSE that the Berger International Ltd, Singapore, a subsidiary of Asian Paints (International) Ltd, which is a 100% subsidiary of the Company, has signed a Conditional Share Purchase Agreement for divestment of its entire equity shareholding in Berger International Sdn. Bhd., Malaysia, subject to requisite approvals. The Company has submitted to BSE a copy of the public announcement made by Berger International Ltd, Singapore.

Gujarat Gas - Updates

With reference to the earlier announcement dated August 03, 2009 regarding the reduction in the volume of Panna-Mukta, Tapti ("PMT") gas supplied by GAIL, to the Company, Gujarat Gas Company Ltd has further informed BSE that the volume of gas supplied by GAIL to the Company from the PMT fields have been restored approximately to the levels of gas supplies prior to the notification of the Force Majeure(FM) event at the oil evacuation system of the Panna and Mukta fields.

Tuesday, August 18, 2009

Kotak Mahindra Bank - Updates

Kotak Mahindra Bank Ltd has informed BSE that the Bank has on the "Grant Date" of August 18, 2009 made a grant of 19,170 options, in aggregate, under Kotak Mahindra Equity Option Scheme 2007 - Series 18 to its employees, subject to necessary approvals, in accordance with the provisions of the Securities and Exchange Board of India (Employees Stock Option Scheme and Employees Stock Purchase Scheme), Guidelines, 1999.

NTPC - Updates

National Thermal Power Corporation Ltd (NTPC) has informed BSE that:

"NTPC filed a suit against Reliance Industries Ltd (RIL) in the Bombay High Court in December 2005 requesting Hon'ble Bombay High Court to direct RIL for specific performance of contract. In this regard, it is informed that NTPC is taking all steps in consultation with its lawyers to protect its interest. It is further informed that NTPC in consultation with its lawyers shall continue to take appropriate steps to protect its interest at relevant forums."

Tulsyan NEC Board approves Right Issue

Tulsyan NEC Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 18, 2009, has decided the followings:

1. To offer, issue and allot Equity Shares of Rs 10/- (Rupee Ten) each for cash at a premium with a price band of Rs 32/- to Rs 40/- per share on Right Basis aggregating to Rs 50,00,00,000/-(Rupees Fifty Crore) only to all those shareholders whose name appear on the Register of Members or on list of depositories as beneficial owner as at the end of business hours on such date as may be fixed for the purpose by Board or to such person or persons who may or may not be the shareholders of the Company.

2. To increase the Authorized Share Capital of the Company to Rs 22.00 crores from the existing Rs 10.00 crore and consequent changes in the Capital Clause of Memorandum & Articles of Association of the Company.

3. To obtain approval of the shareholders at the Annual General Meeting (AGM) of the Company to be held on September 16, 2009.

Provogue India - Buy Back Offer

Provogue India Ltd has informed BSE about the following:

JM Financial Consultants Pvt Ltd ("Manager to the BuyBack") on behalf of Provogue India Ltd ("Target Company" or "Company") has issued this Public Notice cum Public Announcement for Buy Back to the Equity Shareholders of the Target Company, pursuant to the provisions of Regulations 5A and Regulations 8(1) read with 15(c) of the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998 for the time being in force including any statutory modifications and amendments from time to time ("Buy-Back Regulations") and contains the disclosures as specified in Schedule II to the Buy-Back Regulations.

Buy Back Offer:

The Company hereby announces the buy-back ("Buy-back") of fully paid-up equity shares of the face value of Rs 2/- each ("Equity Shares") not exceeding 50,00,000 Equity Shares ("Maximum Offer Shares"), from the existing owners of Equity Shares other than those who are promoters, promoter group, directors of promoters, persons in control and persons acting in concert (such shareholders hereinafter referred to collectively as "Persons in Control") ("that being understood that the "persons in control" and "persons acting in concert" will be such persons as have been disclosed under the filings made by the Company under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, as amended ("SEBI Takeover Regulations")) at a price not exceeding Rs. 100/- (Rupees One Hundred only) per Equity Share (the "Maximum Offer Price") payable in cash, for an aggregate amount not exceeding Rs. 50 crores ("Maximum Offer Size"). The Maximum Offer Size represents 7.45% of the aggregate of the Company's total paid-up equity capital and free reserves as on March 31, 2009 (the date of the latest standalone audited accounts). The Company subject to the Maximum Offer Price shall Buy-back at least 20,00,000 Equity Shares (the "Minimum Offer Shares").

The Buy-back will be implemented by the Company through the methodology of "Open market purchases through stock exchanges" using the electronic trading facilities of the Bombay Stock Exchange Limited ("BSE") and the National Stock Exchange of India Limited ("NSE", and together with BSE, the "Stock Exchanges") in accordance with the provisions of Sections 77A, 77B and other applicable provisions of the Companies Act, 1956 (the "Act") read with Article 36 of the Articles of Association of the Company and the Buy-Back Regulations, in the manner and on such terms and conditions as determined by the Board of Directors of the Company (the "Board") and disclosed in this Announcement.

The actual deployment in the Buy-back will depend upon the average price paid for the Equity Shares bought back and the actual number of Equity Shares bought back.

The Maximum Offer Price has been arrived at after taking into consideration factors such as the trends in the market price of the Equity Shares during the last 6 months prior to the date of the meeting held on August 14, 2009 of the Board for approval of Buy-back ("Board Meeting" and resolution passed on such date in this regard, the ("Board Resolution"), the book value of Equity Shares, price-earning ratio and impact on other financial parameters and the possible impact of the Buy-back on the Company's earnings per Equity Share. The Maximum Offer Price offers a premium of 61.03% over the average closing price of the Equity Shares on the Stock Exchanges, as on August 13, 2009 (the day prior to the Board Meeting).

Schedule of activities:

Date of Board Resolution approving the Buy-back - August 14, 2009

Date of Opening of the Buyback - August 31, 2009

Acceptance of Equity shares - Within the relevant payout dates of the Stock Exchanges.

Last date of placing order for purchase of Equity Shares - February 05, 2010

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

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

Last date for the completion of Buyback - February 12, 2010 (i.e. as per Board Resolution). However, the Board 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 prior to the last date of the Buy-back.

Tata Tea - Updates

Tata Tea Ltd has informed BSE that:

"A Committee of Directors of the Company would consider the offer received from Tata Chemicals Ltd. (TCL) to buy from the Company 29,38,713 equity shares of Rallis India Ltd (RIL) by way of inter-se transfer amongst qualifying promoters, this is to inform you that at a meeting of the Committee of Directors of the Company held today, it was decided to accept the said offer received from TCL.

The Committee also decided that the price of the equity shares of (RIL) at which the inter-se transaction between Tata Tea Ltd. and TCL would take place would be determined according to the provisions of SEBI (Substantial Acquisition of Shares & Takeover) Regulations and the byelaws and regulations of Stock Exchanges, if applicable, subject to a ceiling of Rs 850 per share".

Themis Medicare - Updates

Themis Medicare Ltd has informed BSE that a meeting of the Members of the Company as directed by the Hon'ble Gujarat High Court was held on August 17, 2009.

At the said Meeting, the Scheme of Arrangement as well as the requisite resolutions as per the notice were passed with requisite majority.

Gitanjali Gems - Updates on Buy Back Offer

Gitanjali Gems Ltd has informed BSE about the following:

Keynote Corporate Services Ltd ("Manager to the BuyBack") on behalf of Gitanjali Gems Ltd ("Target Company") has issued this Corrigendum to Public Announcement to the Equity Shareholders / Beneficial Owners of the Equity Shares of the Target Company, which is in continuation of & should be read in conjunction with the Public Announcement (PA) dated
April 09, 2009 for Buyback of Equity Shares from open market by the Company.

This corrigendum is issued as advised by Securities and exchange Board of India (SEBI) vide their letter dated July 06, 2009 & letter dated July 30, 2009.

Further the aforementioned PA the Shareholders / beneficial owners of the Company may please note the changes / amendments / revision in the original PA as follows:

Revised Time Table of Buy Back Offer

Board Meeting approving Buy Back - December 19, 2008

Date of Public Notice - December 21, 2008

Date of opening of the Buy Back - August 19, 2009

Acceptance of Equity Shares - Within 15 days of the relevant payout dates of the stock exchanges.

Extinguishment of Equity Shares - Within 15 days of acceptance as above. Further, the last trench of equity shares bought back will be extinguished within 7 days of the last date of completion of Buy-Back.

Last Date for the Buy-Back - December 18, 2009 (i.e. 12 months from the date of passing of Board Resolution by the Company) or when the Company completes the Buy-Back to the extent of Rs 144.00 crores or in the event of the minimum number of shares (i.e. 30,00,000 equity shares of Rs 10/- each) have been purchased under the Buy-Back, even if the maximum Buy-Back 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.

Indian Hotels - Updates

With reference to the earlier announcement dated August 17, 2009, regarding Record Date for Conversion of Detachable Warrants, Indian Hotels Company Ltd has now informed BSE that the Warrant holder shall be entitled to exercise his right to apply for one Equity Share of Re 1/- each at the Warrant Exercise Price of Rs 150/- for each Warrant held at any time during the Warrant Exercise Period i.e. from September 01 to September 30, 2009.

Jayshree Chemicals - Updates

Jayshree Chemicals Ltd has informed BSE that Orbit Udyog Pvt Ltd, a promoter group Company, holding 1,53,218 Equity Shares of Rs 10/- each, fully paid-up, being 2.874% of the Paid-up Share Capital of the Company has, vide letter dated August 05, 2009, informed the Company that they have sold 6,700 Equity Shares of the Company on August 04, 2009.

The shareholding of Orbit Udyog Pvt Ltd in the Company after such sale has become 1,46,518 Equity Shares being 2.748% of the Company's paid-up Share Capital.

Dhanuka Agritech - Updates

Dhanuka Agritech Ltd has informed BSE about the fire incidence at the factory premises situated at Daultabad Road, Gurgaon (Haryana) of the Company on August 14, 2009 at around 2.00 PM, which caused loss to a part of factory building, some part of plant and machinery and also destroyed quantities of stock of raw material, work in progress and packing material lying therein. The cause of fire is still unknown. Necessary action is being taken to ascertain the extent of loss due to fire and necessary claim with the Insurance Company is being followed. Approximate loss is estimated at Rs 5.00 Crores. Necessary information of this fire is sent to Excise Dept., Sales Tax Dept, Banks, Insurance Company and other concerned Depts.

CNI Research - Updates

CNI Research Ltd has informed BSE that Dow Jones Factiva a division of Dow Jones has signed agreement with Cni Research Ltd for research content on Indian Companies, economy and market trend.

The tie up to help Global Investors in over 159 counties get reliable information on Indian small and medium enterprises and also access to the market trend.

Monday, August 17, 2009

Indian Hotels - Record Date for Conversion of Detachable Warrants

Indian Hotels Company Ltd has informed BSE that the 6,02,76,898 Detachable Warrants issued on May 13, 2008 along with Non-Convertible Debentures are due for conversion into Equity Shares from September 01 to September 30, 2009 (Warrant Conversion Period).

The Warrant holder can convert the Warrants into Equity Shares by making an application to the Company along with a payment of Warrant Conversion Price of Rs 150/- per Warrant.

The Company has fixed August 27, 2009 as 'Record Date' for determining the list of Warrant holders to whom Warrant Exercise Application Form will be mailed.

The unexercised Warrants shall automatically lapse and stand cancelled on October 01, 2009.

L&T - Allotment of Shares

Larsen & Toubro Ltd (L&T) has informed BSE that the Company has allotted 13,79,768 (Thirteen Lakh Seventy Nine Thousand Seven Hundred Sixty Eight Only) shares on August 17, 2009 to those grantees who had exercised their options under the Company's Employee Stock Ownership / Option Schemes.

The said shares will rank pari-passu with the existing shares of the Company in all respect.

Asian Paints - Updates on Scheme of Amalgamation

Asian Paints Ltd has informed BSE that Honorable Bombay High Court has vide its Order dated July 24, 2009, has sanctioned the scheme of amalgamation of Technical Instruments Manufacturers (India) Ltd (TIML), wholly owned subsidiary of the Company; with the Company, the appointed date being April 01, 2009. A copy of Order sanctioning the merger received by the Company on August 11, 2009.

Sarla Gems - Open Offer

VC Corporate Advisors Pvt Ltd ("Manager to the Offer") on behalf of Tara Holdings Private Ltd and Kalpena Industries Ltd ("Acquirers") has issued this Public Announcement ("PA") to the Shareholders of Sarla Gems Ltd ("Target Company"), pursuant to Regulations 10, 11(1), 12 and other applicable provisions as required under the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and Subsequent amendments thereto. (hereinafter referred to as the "Regulations")

The Offer:

The Acquirers are making this Offer to the public shareholders of the Target Company to acquire from them 11,05,707 fully paid up equity shares of Rs 10/- each representing 20% of the Emerging Voting Capital at a price of Rs 10/- per share ("Offer Price") payable in cash ("Offer" or "Open Offer").


Schedule of Activities:

Specified Date - August 28, 2009

Date of Opening of the Offer - September 30, 2009

Date of Closing of the Offer - October 19, 2009

Religare Enterprises clarifies on news item

With reference to the news item appearing in a leading financial daily dated August 17, 2009 titled "Religare in race for ING's Asian biz", "Religare Enterprises Ltd has clarified to BSE that "we do not comment on market rumours and speculations. However as a group we are constantly on the lookout for opportunities in line with our ambition of becoming a global leader in financial services sector".

BGR Energy - Press Release

BGR Energy Systems Ltd has informed BSE that the Board of Directors has co-opted Mr. T Sankaralingam as an additional director. The Board further appointed him as Managing Director of the Company. The appointment as additional director will take effect from the date on which Mr. Sankaralingam assumes office of Managing Director.

In this regard, the Company has issued a Press Release dated August 17, 2009 titled "Ex. NTPC CMD Mr. T Sankaralingam to join BGR Energy"

Torrent Power - Updates

Torrent Power Ltd has informed BSE that the Company has commissioned and started commercial generation of electricity from the third unit of 382.5 MW of SUGEN power plant on August 15, 2009.

Thus, the total installed capacity of 1147.5 MW (382.5 MW x 3) of SUGEN gas-based combined cycle power plant has commenced commercial operation.

Wednesday, August 12, 2009

GSS America - Updates on Closure of Buy Back Offer

Fortune Financial Services (India) Ltd ("Manager to the BuyBack") on behalf of GSS America Infotech Ltd ("Target Company") has issued this Public Announcement to the Equity Shareholders / Beneficial Owners of the Equity Shares of the Target Company, which is in continuation of and should be read in conjunction with the Public Announcement ("PA") dated February 10, 2009, Corrigendum to the PA is dated February 20, 2009 ("Corrigendum")

This PA is regarding completion of the Buy-back offer in compliance with Regulations 19(7) of the Securities & Exchange Board of India (Buy Back of Securities) Regulations, 1998.

A. The Buyback:

The Target Company had announced the Buy-back ("Buy-back") of its fully paid up Equity Shares of Rs 10/- each ("Equity Shares") pursuant to the provisions of Section 77A, 77AA, 77B of the Companies Act, 1956 read with Securities & Exchange Board of India (Buy Back of Securities) Regulations, 1998, as amended & such terms as were set out in the PA & Corrigendum.

A notice in relation to the closure of the Buy-Back was published on August 03, 2009.

In accordance with the PA & Corrigendum, the Buy-back was commenced on February 25, 2009 & was closed with effect from August 07, 2009, subject to completion of all payout formalities. No orders for Buy-back were place on or after August 04, 2009.

B. Details of the Buyback:

The Company has purchased aggregate of 563,157 Equity Shares pursuant to the Buy-back & Company has already extinguished 562,657 Equity Shares till date & is in the process of extinguishing further 500 Equity Shares.

The total amount invested in the Buy-back is Rs 85.71 million (excluding brokerage, STT & other charges, as applicable). Till the date of closure of the Buy-back, the Company had utilized 42.85% of the Maximum Offer Size authorized for the Buy-Back.

The price at which the Equity Shares were bought back was dependent on the price quoted on the Bombay Stock Exchange & the National Stock Exchange of India Limited. The average price at which such Equity Shares were bought back is Rs 152.19 per Equity Share.

The prevailing stock exchange trading mechanism does not provide the identify of the seller in case of shares bought back in the demat segment. Since all the shares were bought in the demat segment from BSE & NSE, details of shareholders, if any, who have sold shares exceeding 1% of the total Equity shares bought back are not available.

C. Capital Structure

The Equity Capital Structure of the Company, Pre Buy-back (as on the date of PA) & post Buy-back are as under:

Share Capital: Pre Buy-back

Authorised : Rs 150.00 million (15,000,000 Equity Shares of Rs 10/- each)

Issued, subscribed & paid-up: Rs 133.00 million (13,300,000 Equity Shares of Rs 10/- each)

Share Capital: Post Buy-back#

Authorised : Rs 150.00 million (15,000,000 Equity Shares of Rs 10/- each)

Issued, subscribed & paid-up: Rs 127.37 million (12,736,843 Equity Shares* of Rs 10/- each)

# as on August 03, 2009

* assuming extinguishment of 500 Equity Shares

Adlabs Films Board approves Rights Issue of Equity Shares

Adlabs Films Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 12, 2009, has approved raising an amount not exceeding Rs 600 crore by way of Rights Offer of Equity Shares to the Company's Shareholders, subject to necessary sanctions, approvals and applicable provisions of law.

The Board of Directors of the Company have empowered its Committee to decide upon the terms and conditions including the price, share entitlement ratio, timing and other details and modalities for the Rights Issue, which shall be informed in due course.

Prime Securities - Updates

Prime Securities Ltd has informed BSE that pursuant to the resolution passed by the shareholders at their Extraordinary General Meeting held on January 25, 2008 in accordance with SEBI Guidelines for Preferential Issues, the Company had allotted 2,00,000 equity share warrants on January 28, 2008 and 4,00,000 equity share warrants on February 01, 2008, on a preferential basis, to the specified investors, each equity share warrant carrying an entitlement to apply for one equity share of the Company @ Rs 275/- per share. None of the warrant holders have not exercised the option to convert the warrant into equity shares and accordingly 6,00,000 equity shares warrants have been lapsed and cancelled.

Jindal Saw - Updates

Jindal Saw Ltd has informed BSE that with reference to the approval for the 27,30,000 Warrants convertible into equity shares of Rs 10/- each at a premium of Rs 298.08 each to Anbeeco Investments Ltd. on preferential basis, Anbeeco Investments Ltd. has expressed their inability to invest in Jindal Saw Ltd through warrants. Accordingly, the Company has withdrawn its application seeking approval from Foreign Investment Promotion Board.

Tilaknagar Industries - Open Offer

D & A Financial Services (P) Ltd, ("Manager to the Offer"), on behalf of the Mr. Amit Dahanukar and Mrs. Shivani Amit Dahanukar ("Acquirers") alongwith Ms. Anupama Arun Dahanukar, Ms. Priyadarshini Arun Dahanukar, M/s Arunoday Investments Pvt. Ltd. and M/s M L Dahanukar & Co Pvt. Ltd. ("Persons Acting in Concert(s)/ "PACs") has issued this Public Announcement ("PA") to the Equity Shareholders of Tilaknagar Industries Ltd ("Target Company"), pursuant to Regulations 11(1) as required under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 ("SEBI (SAST) Regulations, 1997") and subsequent amendments thereto.

The Offer:

The Acquirers along with PACs intend to make an Open Offer in terms of the SEBI (SAST) Regulations, 1997 to the shareholders of the Target Company to acquire 2,019,014 Equity Shares of Rs. 10/- each representing 20% of post-conversion capital/voting capital of the target Company at a price of Rs. 94.00 (Rupees Ninety Four Only) per fully paid-up Equity Shares ("Offer Price"), payable in cash subject to the terms and conditions mentioned in PA. Pursuant to Regulation 21(5) and meaning of explanation (i) of Regulation 20(11) of SEBI (SAST) Regulations, 1997 the number of shares offered by the acquirers will increase to 6,057,042 and Offer price will be adjusted accordingly i.e. Cum Bonus Offer price, in view of Bonus share recommended in the ratio of 2:1 i.e Two Equity Shares for each one Equity Share held by shareholders, the Board of Directors of the Target Company in its meeting held on July 24, 2009. The Bonus issue is subject to approval of shareholders in their extra ordinary general meeting proposed to be held on August, 24, 2009 and other authority if any, in compliance with SEBI Guidelines relating to Bonus Issue. After receipt of approval of shareholders in extra ordinary general meeting proposed to be held on August 24, 2009 and other approvals if any, under the SEBI Guidelines relating to Bonus issue, the number of shares offered will be increased to 6,057,042 and offer price will be adjusted accordingly i.e Cum Bonus Offer price.

Schedule of Activities:

Specified Date - September 04, 2009

Date of Opening of the Offer - October 01, 2009

Date of Closing of the Offer - October 20, 2009

Dollex Industries - Updates

Dollex Industries Ltd has informed BSE that the Company took an initiative to set up a unit to produce extra neutral Alcohol, Ethanol & its by product. During the year 2006, the Company took on lease Godavari Manar Sahakari Sakhar Karkhana Ltd a 2500 TCD sugar cane crushing plant from Govt. of Maharashtra. The unit is located at Shankar Nagar, Taluka - Biloli, Dist - Nanded for a period of 6 years with renewal clause. Company started crushing cane at leased unit in Dec., 2006. This has reposed the confidence of the farmers in the area & assuring the future raw material availability.

With its continuous stability in the region Company now aims to crush about 2.00 Lac MTs of Sugarcane for the sugar season 2009-10.

Ratnabali Capital - Open Offer

Dalmia Securities Pvt Ltd ("Manager to the Offer") on behalf of Mr. Vikash Somani, Mr. Suresh Kumar Somani, Mrs. Jaishree Somani ("Acquirers") and Ashwamedh Properties Pvt Ltd, being a person acting in concert with the Acquirers ("PAC") has issued this Public Announcement ("PA") to the shareholders of Ratnabali Capital Markets Ltd ("Target Company"), pursuant to and in compliance with the provisions of Regulation 11(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 ("SEBI (SAST) Regulations").

The Offer:

This Offer is being made to the shareholders of the Target Company to acquire upto 10,40,600 Equity Shares representing 20% of the total paid up equity share capital of the Target Company as on November 07, 2009, being the date which is fifteen days from the date of closure of the Offer. This Offer is being made at an Offer price of Rs. 123.40 /- (Rupees One Hundred and Twenty Three and Paise forty only) per Equity Share ("Offer Price") payable in cash subject to the terms and conditions mentioned in the PA & Letter of Offer ("LOF") in accordance with the SEBI (SAST) Regulations.

Schedule of Activities:

Specified Date - September 04, 2009

Date of Opening of the Offer - October 05, 2009

Date of Closing of the Offer - October 24, 2009

Micro Inks - Updates

With reference to the earlier announcement dated February 14, 2009, Micro Inks Ltd has informed BSE that the Company has acquired 100% Common Stocks (including Additional Paid-in Capital) of Hostmann Steinberg Inc. USA from Micro Inks GmbH, Austria, a wholly owned subsidiary of the Company and the Common Stocks have been transferred in the name of the Company on July 20, 2009 and thereby the Hostmann Steinberg Inc. USA has become direct wholly owned subsidiary of the Company.

FCS Software Board approves Sub-division of equity share

FCS Software Solutions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 11, 2009, inter alia, have accorded its approval subject to Shareholders approval for:

1. Increasing the Authorised Share Capital from Rs 25 Crores (Rupees Twenty Five Crores) divided into 2,50,00,000 (Two Crores Fifty Lacs) Equity Shares of Rs 10/- to Rs 40 Crores (Rupees Forty Crores) divided into 4,00,00,000 (Four Crores) Equity Shares of Rs 10/-.

2. Raising of additional fund of way of issue of FCCB / ADR/ GDR/ QIP or through any other mode of securities to the extend of $ 40 Million ($ Forty Million).

3. Sub-division of the existing one Equity Share of Rs 10/- into Ten Equity Shares of Rs 1/- each.

Omaxe - Clarification on News Article

With reference to the news item appearing in a leading financial daily on August 11, 2009 titled "Stake slide of Promoters Holding on Account of Pledged Shares" Omaxe Ltd has clarified to BSE the following:

"M/s S A Finvest Ltd, one of the promoter company of Omaxe Ltd, had availed a loan of Rs. 30 crores from Religare Finvest Ltd against the pledge of equity shares of Omaxe Ltd held by it. These shares were lying in the DMAT Account of M/s S A Finvest Ltd opened with Religare Finvest Ltd.

On June 19, 2009, Religare Finvest Ltd inadvertently shifted 69,38,984 equity shares (constituting approx. 4% of the total paid up capital of Omaxe Ltd). However, subsequently by July 02, 2009, on noting the error the aforesaid 69,38,984 equity shares were returned back to the DMAT Account of SA Finvest Limited."

There has been no sale or transfer or shifting of the shares on account of any default or deficiency in security or payment and it was only a clerical error on the part of the Depository Participant."

Tuesday, August 11, 2009

Idea Cellular Equity shareholders & Creditors to approve Scheme of Amalgamation

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 September 04, 2009 for obtaining their approval to the proposed Scheme of Amalgamation of Spice Communications Ltd with Idea Cellular Ltd.

Mysore Petro - Updates

Mysore Petro Chemicals Ltd has informed BSE that the Company was in the process of issuing 10,00,000 warrants to M/s. Pentafour Commercial Pvt. Ltd (7,00,000 warrants) and M/s. Vindhyachal Mercantile Pvt. Ltd (3,00,000 warrants) of Rs 26/- per warrant and had obtained approval of the shareholders at the Annual General Meeting held on June 20, 2009.

However the aforesaid investors have informed that they are not in a position to subscribe to the said warrants due to certain exigency and requirement of funds at their end.

Therefore the Company is not able to allot the warrants to the aforesaid investors and hence the proposal to raise funds by issue of the said warrants is cancelled.

Apis India - Updates

Apis India Ltd has informed BSE that the Preference Shareholders of the Company have in their Meeting dated August 10, 2009 approved the proposal regarding variation of the rights of the Preference Shares held by them. The meeting was called upon receipt of shorter consent from all the preference shareholders of the Company and the resolution was unanimously passed in the meeting. The variation of class rights would be granted to those Preference Shareholders of the Company who provide their written acceptance of the variation of rights to the Company within ten days of the meeting i.e. till August 20, 2009.

Hasti Finance - Open Offer

Ashika Capital Ltd ("Manager to the Offer") for & on behalf of Mr. Nitin Prabhudas Somani & Mrs. Sonal Nitin Somani ("Acquirers") has issued this Public Announcement ("PA") to the Shareholders of Hasti Finance Ltd ("Target Company"), pursuant to & in compliance with regulation 10 & 12 of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 & Subsequent amendments thereto ("Regulations").

The Offer:

The Acquirers are now making this Open Offer ("Offer") to the Shareholders of the Target Company ('other than Parties to the Agreement') to acquire upto 5,24,600 shares of Rs 10/- each, representing 20% of its voting capital, at a price of Rs 14.75 per share ("Offer Price") payable in cash in terms of regulation 20 of the Regulations.

Schedule of Activities:

Specified Date - September 05, 2009

Date of Opening of the Offer - September 25, 2009

Date of Closing of the Offer - October 14, 2009

Godrej Industries - Grant of Options

Godrej Industries Ltd has informed BSE that at the meeting of the Compensation Committee of the Board of Directors ("the Committee") of the Company held on August 10, 2009, the Committee approved granting of 8,60,000 options to employees of the Company and/or its Subsidiary Companies, in terms of GIL ESOP II as approved by the shareholders of the Company vide their special resolution dated July 29, 2009. The Options shall vest in the aforesaid employees on the date given. Thereafter, the Option Grantees shall be entitled to exercise the options within a period of 2 years.

Kinetic Engineering - Outcome of Allotment Committee Meeting

Kinetic Engineering Ltd has informed BSE that at the meeting of the Allotment Committee of the Board of Directors of the Company held on August 11, 2009, inter alia, has transacted the following business:

- Pursuant to the Conversion Notice dated August 10, 2009 received from Mrs. Kimaya Ravindra Kelkar, 90,000 Equity shares of Rs 10 each at a premium of Rs 146 per share, have been Issued and allotted to Mrs. Kimaya Ravindra Kelkar, by converting 90,000 CCCPS of Rs 156 each standing in her name. Subsequent to this conversion the nominal value of the total paid-up Equity Share capital of the Company stands increased to Rs 7,50,43,040/-.

Dewan Housing - Allotment of equity shares

Dewan Housing Finance Corporation Ltd has informed BSE that Committee of Directors at its meeting held on August 11, 2009, has allotted 74,118 fully paid up equity shares of Rs 10/- each to employees of the Company in terms of the Employee Stock Option Scheme (ESOS).

The said equity shares rank pari-passu in all respects with the existing equity shares of the Company.

With the aforesaid allotment the paid up share capital of the Company stands increased to Rs 81,95,93,240/- divided into 8,19,59,324 Equity Shares of face value of Rs 10/- each.

Garware Offshore - Updates

Garware Offshore Services Ltd has informed BSE that the Company's Wholly Owned Subsidiary, viz., Garware Offshore International Services Pte. Ltd., Singapore has taken delivery of an Accommodation Work Barge, named "Beau Geste" on a long term "Bareboat Charter" basis.

Fortis Healthcare - Updates

With reference to the earlier announcement dated August 11, 2009 regarding Proposed Rights Issue of Equity Shares with detachable warrants ("Rights Issue"), Fortis Healthcare Ltd has further clarified to BSE on the Warrants Exercise Price for Series A and Series B.

Manjeera Constructions - Updates

Manjeera Constructions Ltd has informed BSE that the Board of Directors of the
Company have considered and approved the proposal of de-listing the Company from the
Bangalore, Madras and Ahmedabad Stock Exchanges and consent of the shareholders
shall be sought at the ensuing Annual General Meeting of the Company to be held on
September 30, 2009.

Sterlite Industries - Updates

Sterlite Industries India Ltd has informed BSE that:

"Sterlite Industries India Ltd ("Sterlite") has changed it's bid to purchase Asarco LLC's operating assets. The revised consideration includes (a) Cash of US$ 1587 million and (b) a US$ 208 million Copper Price Participation Note (reduced from earlier $ 770 million).

The consideration was changed to reflect an increase in copper prices and to meet the expectations of creditors. Higher cash consideration also reflects our offer of cash in lieu of the reduction in value of the Copper Price Participation Note from $ 770 million to $ 208 million.

Sterlite will also be the beneficiary of 50% of the proceeds from General Unsecured
Creditors' interest in a judgment against Americas Mining Corporation awarded by US District Court of Texas, Brownsville Division, once the General Unsecured Creditors are paid in full including post petition interest.

Terms of the agreement with Asbestos Representatives remain unchanged."

Fortis Healthcare - Updates on Rights Issue

With reference to the earlier annoucement dated August 10, 2009, regarding fixing Record Date and the terms of Issue of the Proposed Right Issue of the Company, Fortis Healthcare Ltd now informed BSE that in context with the clarification on the Warrants Exercise Price for Series A and Series B, please noted the following:

The Warrant Exercise Price for each series of the Detachable Warrants shall be determined in accordance with the following formula:

Warrant Exercise Price = (A26 + A2)/ 2

where A26 is the average, of the weekly closing prices of the Equity Shares on the NSE in the 26 weeks immediately preceding the date fixed for the determination of the Warrant Exercise Price of the relevant series of the Detachable Warrants (the "Relevant Date") and A2 is the average of the weekly closing prices of the Equity Shares on the NSE in the two weeks immediately preceding the Relevant Date.

If trading in the Equity Shares of the Company has been suspended for any period of time in the aforesaid 26 week period, the formula, for the Warrant Exercise Price specified above shall be subject to such adjustments as the Board of Directors may, in its sole and absolute discretion, deem equitable.

Monday, August 10, 2009

Fortis Healthcare fixes Record Date for Rights Issue of Equity Shares with detachable warrants

Fortis Healthcare Ltd has informed BSE that the Members of the Issue Committee have, at the said meeting held on August 10, 2009, approved August 20, 2009 as the Record Date for reckoning the eligible shareholders who are entitled to apply for equity shares to be issued on "Rights Basis".

The details of the issue are as under:

1. Size of the Issue : Upto Rs 1000 Crore (excluding the value of detachable warrants as and when exercised)

2. Price : Rs 110/- per Equity Share (i.e. Rs 10 towards face value and Rs 100/- towards premium per Equity Share).

3. Ratio : 2:5 (Two equity shares for every Five equity shares held as on the record date)

4. Warrants and its entitlement : Series A and Series B

One Series A detachable warrant and one Series B detachable warrant for every two equity shares allotted in the issue.

Upon conversion, One Equity Share for each Series A detachable warrant and Series B detachable warrant.

5. Treatment of Fractional Entitlements : Refer Annexure A.

Sql Star - Open Offer

Indbank Merchant Banking Services Ltd ("Manager to the Offer") on behalf of Superstar Exports Pvt Ltd ("Acquirer") & Persons Acting in Concert ("PACs") (though not participating in the open offer), Kanishkdeep Stock Consultants Pvt Ltd, Mr. Raj Ganti, Mr. Sunil Gupta, has issued this Public Announcement ("PA") to the Equity Shareholders of Sql Star International Ltd ("Target Company"), pursuant to Regulation 10, 11(1) & 12 as required under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (the "SEBI (SAST) Regulations 1997") & Subsequent amendments thereto.

The Offer:

The Acquirer is making an Offer to the public shareholders of the Target Company to acquire 20% (or 74,30,000 equity shares) of the equity share capital of the Target Company at a price of Rs 10.50 (Ten Rupees & Fifty Paise) per share ("Offer Price") payable in cash subject to the terms & conditions mentioned in PA.

Superstar Exports Pvt Ltd is the sole Acquirer for this Open Offer.

Schedule of Activities:

Specified Date - September 07, 2009

Date of Opening of the Offer - October 01, 2009

Date of Closing of the Offer - October 20, 2009

BOC India - Long term contract with Jindal Stainless Ltd

BOC India Ltd has informed BSE that the Company has signed a long term contract with Jindal Stainless Ltd for installation of an Air Separation Unit on a hire basis at their steel works at Kalinganagar Industrial Complex, Duburi, Jaipur in Orissa and for operation and maintenance of the said plant to provide 300 tpd of gaseous oxygen, 70 tpd of gaseous nitrogen and 55 tpd of gaseous argon to them.

Adlabs Films - Allotment of shares

With reference to the earlier announcement dated July 24, 2009 regarding the record date fixed as August 07, 2009 for the purpose of reckoning the names of the equity shareholders of the Company entitled to receive equity shares of face value Rs 5/- each of Reliance Media World Ltd (formerly Reliance Unicom Ltd) in the ratio of 1:1 pursuant to Scheme of Arrangement between Adlabs Films Ltd, Reliance Media World Ltd (formerly Reliance Unicom Ltd) and their respective shareholders and creditors, Adlabs Films Ltd has informed BSE that the allotment of the said shares of Reliance Media World Ltd (formerly Reliance Unicom Ltd) has been given effect on August 08, 2009 in the ratio of 1:1 to those Shareholders of the Company whose names stand registered on the Company's Register of
Members as Beneficial Owners at the closing of business hours as on the record date viz. August 07, 2009.

Motilal Oswal - Allotment of Equity Shares on exercise of Stock Options

Motilal Oswal Financial Services Ltd has informed BSE that the 'ESOP Committee' of the Board of Directors of the Company at its meeting held on August 10, 2009 has allotted 5,000 Equity shares of the face value of Re 1 each fully paid-up to the Employees on exercise of the Stock Options granted in accordance with the provision of the 'Motilal Oswal Financial Services Ltd - Employees Stock Option Scheme - III'.

Consequently, the issued and the paid-up Share Capital of the Company stands at Rs 14,20,25,000 divided into 14,20,25,000 Equity shares of Rs 1 each.

Deep Industries - Forfeiture of Convertible Warrants

Deep Industries Ltd has informed BSE that the Company had made preferential allotment of 20,00,000 Convertible Warrants of Rs 200/- each aggregating to Rs 40.00 crores on January 31, 2008. Each such warrant was convertible into one equity share of Rs 10/- each at a premium of Rs 190/- per share within 18 (eighteen) months from the date of allotment.

Zenotech Laboratories - Updates on Open Offer

ICICI Securities Ltd ("Manager to the Offer") for and on behalf of Daiichi Sankyo Company Ltd ("Acquirer") has issued this Corrigendum to the Public Announcement to the Equity Shareholders of Zenotech Laboratories Ltd ("Target Company"), which is in continuation of and should be read in conjunction with the Public Announcement ("PA") Published on January 19, 2009, the corrigendum published on March 02, 2009 ("First Corrigendum"), the corrigendum published on July 10, 2009 ("Second Corrigendum"), the Letter of Offer ("LOF") and the announcement dated July 14, 2009 ("Announcement"), the corrigendum published on August 05, 2009 ("Third Corrigendum"), Pursuant to Regulations 10 and 12 of and as required by under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 as amended ("Regulations") in connection with the Open Offer made by the Acquirer to the equity shareholders of Target Company (other than the parties to the Share Purchase and Share Subscription Agreement dated June 11, 2008) of Target Company, to acquire 68,86,000 fully paid-up equity shares of face value of Rs 10/- each representing 20% of the Emerging Voting Capital of Target Company ("Offer").

The shareholders of the Target Company are requested to note the following:

Appeal before the Securities Appellate Tribunal

As disclosed in the Third Corrigendum, Dr. Jayaram Chigurupati and Mr. Narayanan, both of whom are shareholders in Target Company had, against certain orders passed by the Securities and Exchange Board of India in connection with the Offer, filed appeals before the Securities Appellate Tribunal ("SAT").

On August 07, 2009, SAT admitted the appeals and directed that status quo be maintained in connection with the Offer for Target Company. The next hearing is scheduled for September 04, 2009.

In view of the above, the shareholders of Target Company are requested to note that the Offer will not open on August 11, 2009, as per the schedule of activities disclosed in the Third Corrigendum. The shareholders of Target Company are further requested not to tender any shares and no shares, either in demat or physical mode, will be accepted until further announcement of the revised schedule of activities.

All other terms and conditions of the Offer remain unchanged. The terms used but not defined in this Corrigendum shall have the same meaning as assigned in the PA, the First Corrigendum, the Second Corrigendum, the LOF. the Announcement and/ or the Third Corrigendum.

Lupin - Allotment of Equity Shares

Lupin Ltd has informed BSE that the Allotment Committee of Directors at its meeting held on August 10, 2009, has allotted 676,374 fully paid up equity shares of Rs 10/ each, the particulars of which are as under:

1. Shares Issued upon : conversion of Zero Coupon Foreign Currency Convertible Bonds (FCCB) issued by the Company pursuant to the Offering Memorandum dated January 02, 2006
- No. of shares - 660809

2. Shares issued upon : Exercising the options granted to employees under the stock option plans of the Company
- No. of shares - 15565

In view of the above, the issued and paid up capital of the Company has been increased to Rs 843,587,170 consisting 84,358,717 equity shares of Rs 10/- each.

Mukat Pipes - Updates

Mukat Pipes Ltd has informed BSE that:

"A Requisitionist, namely, M/s. Surindra Engineering Co. Limited, pursuant to Section 169 of the Companies Act, 1956, has convened an Extraordinary General Meeting (EGM) of the Members of the Company on Saturday, August 08, 2009 at 4.00 P.M. at the Registered Office of the Company. The Agenda to be transacted at the said Requisitionist's EGM, inter alia, includes removal of existing 4 Directors and induction of 5 new Directors on the Board.

We further wish to inform you that in the matter of CA. No. 389/2009 in C.P. No.112 of 2005 under Section 634A of the Companies Act, 1956, filed by Smt. Sandeep Kaur Ahluwalia against Mukat Pipes Ltd & Others, the Hon'ble Company Law Board, Principal Bench, New Delhi has passed the Order on 7th August, 2009; the substantive part thereof, being Pars 19 is reproduced herein below:

19. In the light of the above, I find no reason to stay the holding of the Extra Ordinary General Meeting and the meeting can proceed. However, the outcome of the meeting shall not be implemented till the completion of the suit proceedings in the High Court of Bombay and also the arbitration proceedings."

TeleCanor Global - Updates

TeleCanor Global Ltd has informed BSE that:

"Italian Mobile Entertainment and Value Added Services Major, Buongiorno has tied up with TeleCanor Global limited for promoting its Subscription Services Pan India with one of the leading Telecom Operators. TeleCanor would nationally dial out to at least 250 Million calls Annually using our flagship product ProZeal for promoting Buongiorno's products. The deployment of resources for this activity is reaching completion and the campaigns will commence during the next week. TeleCanor expects to grow the Buongiorno account over a period of time and provide a similar service to Buongiorno for other Telecom Operators across India also. Buongiorno is one of the largest mobile Entertainment and VAS Companies and has got operations across the world in over 23 countries. It distributes across the U.S., Europe, Russia, India, the Far East, South America and Mexico, the Middle East, Africa and China. Its reach is already exceeding 60 million customers. Buongiorno is also involved in conceiving and delivering interactive mobile services for Times Internet Limited (The internet and Digital Media Arm of Times Group) and helping them with CRM implementation and management, along with global support for implementation of its proprietary platform B!3A. Revenues from this new deal will start accruing in Q2 itself."

Friday, August 7, 2009

CCAP - Open Offer

Sumedha Fiscal Services Ltd ("Manager to the Offer") on behalf of M/s Ramayana Promoters Pvt Ltd ("Acquirer") has issued this Public Announcement ("PA") to the Equity Shareholders of CCAP Ltd ("Target Company"), pursuant to Regulation 10 & 12 & other applicable provisions as required under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 & Subsequent amendments thereto ("Regulations").

The Offer:

The Acquirer is now making this open offer to the shareholders of Target Company (other than the parties to the Agreement) to acquire from them 7,14,033 fully paid up equity shares of Rs 10/- each, representing 20.00% of the subscribed equity share capital & 20.07% of the voting share capital at a price of Rs 80/- per fully paid up equity share ("Offer Price") payable in cash ("Offer or "Open Offer") in terms of Regulation 20 of the Regulations. As on the date of this PA, Target Company has 12,500 partly paid up equity shares of the face value of Rs 10/- each & the total amount of allotment money in arrear is Rs 43,000/-. The Offer Price for partly paid up equity shares shall be adjusted to the extent unpaid as per Regulation 20(10) of the Regulations.

Schedule of Activities:

Specified Date - August 21, 2009

Date of Opening of the Offer - September 23, 2009

Date of Closing of the Offer - October 12, 2009

Supreme Infrastructure - Allotment of Convertible Warrants

Supreme Infrastructure India Ltd has informed BSE that as per consent given by the shareholders in its meeting (EGM) held on June 26, 2009, "in principle approval" received from Stock Exchanges and in accordance with the chapter XIII of the Securities Exchange Board of India (Disclosure and Investor Protection) Guideline 2000, the Board of Director of the Company at its meeting held on August 07, 2009 has allotted 1000000 (Ten Lacs) Convertible Warrant at a price of Rs 60 (Rs. Sixty) per share on preferential basis to Mr. Vikram B Sharma who belong to the promoters.

The Warrant holder to apply for an equivalent of Equity Shares of Rs 10 (Rs Ten Each) of the Company in any time during 18 Months from the date of issue / allotment.

Vardhman Industries - Updates

Vardhman Industries Ltd has informed BSE that Persons Acting in Concert (PACs) with the promoters of the Company have purchased a total of 40,000 (fourty thousand) Equity Shares of Rs 10/- each of the Company from open market in normal segment on the Stock Exchange the details of which are as under:

Date of Purchase: August 05, 2009
Name of PAC: M/s. Rahul Jain & Sons (HUF)
No. of Shares purchased: 28,000

Date of Purchase: August 06, 2009
Name of PAC: M/s. Rahul Jain & Sons (HUF)
No. of Shares purchased: 12,000

As a consequence of this acquisition the promoters alongwith PACs have acquired a total of 3,84,000 equity shares representing 4.86% by way of creeping acquisition during the current financial year.

DCB - Issue of Tier II Bonds

With reference to earlier announcement dated July 25, 2009 on Bank's capital raising plan for the coming 12 months, Development Credit Bank Ltd (DCB) has now informed BSE that :

(i) CRISIL Ltd and Brickwork Ratings India Pvt Ltd have rated the Tier II Bonds Issue by the Bank upto Rs 100 crores, as "BBB / Stable" (pronounced Triple B with stable outlook") (indicating moderate degree of safety with regard to timely payment of interest and principal on the instrument) and BWR A - (pronounced A Minus) (Outlook:Stable) (indicating Adequate credit quality in terms of timely servicing of debt obligations), respectively, and

(ii) The Bank has opened the Tier II Bonds Issue upto Rs 80 crores by private placement basis on August 06, 2009.

Divis Laboratories - Clarification

Divis Laboratories Ltd has informed BSE that:

"Based on repeated enquiries from shareholders if any shares were purchased by the promoters / directors on 05-August-2009, we wish to clarify that the 'Disclosure' by the Directors of the Company is only for the allotment of Bonus Shares but not purchase of shares in the market".

Cosmo Films - Update on warrants issued on preferential basis in February 2008

Cosmo Films Ltd has informed BSE that the holders of 31,00,000 nos. of warrants issued on February 04, 2008 to promoters group, on preferential basis have not exercised the option to convert the said warrants into equivalent number of equity shares within the stipulated time. Accordingly, the aforesaid warrants now stand lapsed.

Thursday, August 6, 2009

Phaarmasia - Updates

Phaarmasia Ltd has informed BSE that Mr. L V Vihal Rae & his family members (Smt L Lalita, Mr. L M Kaushik, Mrs. L Aparna & Mrs. L Sangeetha) have declared that they are no more Promoters of the Company as they do not have any interest as Promoters of the Company. The Board of Directors have considered and passed resolution noting that Mr. L V Vithal Rao & Family members are no more promoters of the Company w.e.f. July 09, 2009.

In view of the above the Company have categorized Mr. L V Vithal Rao & Family members as non Promoters of the company w.e.f. July 09, 2009.

Marico - Updates

With reference to the earlier annoucement dated July 08, 2009, regarding the Initial Public Offer (IPO) in Bangladesh by Marico's wholly owned subsidiary, Marico Bangladesh Ltd (MBL), Marico Ltd has now informed BSE that MBL is currently accepting subscription to the Initial Public Offering (IPO) of its Ordinary shares. In view of the scale of demand for the subscription for shares in MBL, the Securities & Exchange Commission (SEC) of Bangladesh, has in its Meeting held on August 05, 2009, approved the raising of the extent of public offering from 5% to 10% of the total paid up capital (herein referred to as "Green Shoe Dilution").

Pursuant to this, MBL has now offered for the IPO further ordinary shares taking the aggregate shares issued to 31,50,000 ordinary shares of Taka 10 each at an issue price of Taka 90 per share (including premium of Taka 80 each).

Further the Company has submitted to BSE the announcement made by MBL on August 06, 2009 in the Bangladeshi media.

Wipro - Updates

Wipro Ltd has informed BSE that the Scheme of Amalgamation for merger of Indian branch offices of the Company's overseas subsidiary Companies viz. Wipro Networks Pte Ltd, Singapore and WMNetserv Ltd, Cyprus with Wipro Ltd was approved by Shareholders and Creditors at their meetings held on July 21, 2009 and July 31, 2009 respectively and the Chairman's Report for all the meetings have been filed with the Hon'ble High Court of Karnataka. The above proposal is subject to the approval of the High Court of Karnataka, Bangalore.

HDFC - Allotment of equity shares

Housing Development Finance Corporation Ltd (HDFC) has informed BSE that the Corporation on August 06, 2009, allotted 43,250 equity shares of Rs 10 each pursuant to exercise of stock options by employees.

Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs 284,60,36,040 consisting 28,46,03,604 equity shares of Rs 10 each.

Sandesh - Updates on Buy Back Offer

Sandesh Ltd has informed BSE about the following:

Karvy Investor Services Ltd ("Manager to the BuyBack") on behalf of Sandesh Ltd ("Target Company") has issued this Corrigendum to Public Announcement for buy back to the equity Shareholders / Beneficial Owners of the Equity Shares of the Target Company, which is in continuation of and should be read in conjunction with the Public Announcement dated April 04, 2009 ("PA") and, issued in connection with the Offer for Buy-Back of Equity Shares from the Open Market through Stock Exchanges by the Company. This announcement is being issued to correct certain information and as advised by Securities and Exchange Board of India vide their letter dated April 13, 2009. The capitalized terms and abbreviations used in this announcement shall have the same meaning as assigned to them in PA, unless the context requires otherwise.

The shareholders of the Target Company are requested to note the following amendments with respect to and in connection with the PA which was published on April 04, 2009.

1. Under clause 2, 7.3 and wherever the context applies, the date of opening of the Buy-Back should be read as Thursday, April 16, 2009.

2. Under heading of clause 5 the date of Public Notice should be read as December 03, 2008.

Sandesh - Buy Back Offer

Karvy Investor Services Ltd ("Manager to the BuyBack") on behalf of Sandesh Ltd ("Target Company") has issued this Public Announcement for Buy Back to the Equity Shareholders / Beneficial Owners of the Equity Shares of the Target Company, pursuant to the provisions of Regulation 8(1) read with 15(c) of the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998 for the time being in force including any statutory modifications and amendments from time to time ("Buy-Back Regulations") and contains the disclosures as specified in Schedule II to the Buy-Back Regulations. Offer for Buy-Back of Equity Shares from Open Market through Stock Exchanges.

Buy Back Offer:

The Target Company hereby announces the Buy-back of its fully paid-up equity shares of the face value of Rs 10/- each ("Equity Shares") from the existing registered shareholders / beneficial owners of the Equity Shares of Target Company ("Buy-back") through the open market using the nationwide electronic trading terminals of the Bombay Stock Exchange Ltd ("BSE") and the National Stock Exchange of India Ltd ("NSE" and together with BSE, the "Stock Exchanges") pursuant to Article 19(a) of the Articles of Association of the Company and in accordance with Sections 77A, 77AA and 77B of the Companies Act, 1956 (the "Act") and the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998 (the "Buy-back Regulations") at a price not exceeding Rs 180/- per equity share ("Maximum Offer Price") payable in cash, for an aggregate amount not exceeding Rs 1953 Lacs ("Maximum Offer Size") i.e. within 10% of the existing paid-up equity share capital and free reserves of the Company as on March 31, 2008 (the date of the last audited accounts) constituting upto a maximum of 10,85,000 equity shares ("Maximum Offer Shares") of Rs 10/- each.

The number of Shares to be bought back would depend upon the average price paid for the Shares bought back and the amount deployed in the Buy-Back, however, the total number of shares to be bought back shall not exceed 10,85,000 Equity shares.

The Company proposes to buy minimum 2,00,000 number of shares under Buy-Back offer.

The maximum offer price of Rs 180/- per share has been arrived after considering factors such as the trends in the market price of the equity shares during the last 2 months prior to the date of the Board Meeting, return on net-worth and impact on other financial parameters and the possible impact of the buy-back on the earnings per share of the Company. The maximum Buy-Back price of Rs 180/- per share offers a premium of 47.66% over the closing price at BSE on December 1, 2008 the date of the board meeting for approving the Buy-Back offer and 47.48% over the closing price on the same day at NSE.

Proposed Time Table:

Board Meeting approving Buyback - December 01, 2008

Date of Opening of the Buyback - April 13, 2009

Acceptance of shares - Within 7 days of the relevant payout dates of the respective Stock Exchanges.

Extinguishment of shares - Within 15 days of acceptance as above

Last date for the Buyback - November 30, 2009. However, the Board in its absolute discretion may decide to close the Buy-Back of shares at such earlier date as may be determined by the Board in the event the Maximum offer size has been reached for Buy-Back or upon utilization of Rs 1953 Lacs by giving an appropriate notice for closing date and completing of all formalities required as per relevant laws and regulations. There would be a completion of all payment obligations in respect of Buy-Back prior to last date of buy-Back.

Jindal Poly - Buy Back Offer

Motilal Oswal Investment Advisors Ltd ("Manager to the Buy Back") on behalf of Jindal Poly Films Ltd ("Target Company") has issued this Public Notice cum Public Announcement ("PA") to the Shareholders / Beneficial Owners of the Equity Shares of the Target Company, which is in compliance with the Securities and exchange Board of India (Buy-back of Securities) Regulations, 1998 as amended.

Offer for Buy-back of Equity Shares from Open Market through Stock Exchanges.

The Target Company hereby announces the Buy-back of its fully paid-up Equity shares of the face value Rs. 10 each ("Equity shares") from the existing owners of Equity shares ("Buy-back") from the open market through stock exchanges using the electronic trading facilities of the Bombay Stock Exchange Limited ("BSE") and/or the National Stock Exchange of India Limited ("NSE") in accordance with the provisions of Sections 77A, 77AA and 77B of the Companies Act, 1956 ("Act") and the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998 ("Buy-back Regulations") at a price not exceeding Rs. 400 per Equity share ("Maximum Offer Price") payable in cash, for an aggregate amount not exceeding Rs. 73 crore ("Maximum Offer Size"). The Maximum Offer Size of Rs. 73 crores is less than 10% of the aggregate of the Company's total paid-up Equity share capital and free reserves as on March 31, 2008.

The number of Equity shares to be bought back would depend upon the average price paid for the Equity shares bought back and the aggregate consideration paid for such Equity shares bought back, subject to the Maximum Offer Size in accordance with the resolution passed by the Board of the Company on July 31, 2009. Assuming the maximum price of Rs. 400 per Equity share and that the Maximum Offer Size is completely exhausted, 18,25,000 Equity shares representing approximately 7.34 % of the paid up Equity capital of the Company will be bought back. The Company will buyback a minimum of two lakh Equity shares (2,00,000 Equity shares) ("Minimum Offer Size") towards the Buyback. Should the average purchase price be lower than Rs 400 per Equity share, the number of Equity shares bought back will be greater assuming the payment of an aggregate consideration amount of Rs. 73 crore. As per Section 77A of the Companies Act 1956, the number of Equity shares that can be bought back in any financial year shall not exceed 25% of the total paidup Equity capital of the Company i.e. 62,15,347 Equity shares of the Company.

The buy-back of shares will be made at a maximum price of Rs. 400 which represents a premium of approximately 35.8% to the closing price of Rs. 294.55 per Equity share on the BSE and 36.1% to the closing price Rs. 293.70 per Equity share on the NSE.

Proposed Time Table:

Date of opening of the Buy-back - August 11, 2009

Acceptance of Equity shares - Within the relevant payout dates of the Stock Exchange

Extinguishment of the Equity shares - Within 15 days of acceptance as above

Last date for the buy-back - July 30, 2010 (i.e. 12 months from the date of passing the
special resolution). However the Board in its absolute discretion may decide to close the Buyback at an earlier date in the event that the Company has completed the Buyback to the extent of the Minimum Offer Size, even if the Maximum Offer Size has not been reached, by giving appropriate notice for earlier 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 prior to the last date of the Buy-back.

Hindustan Dorr - Order from Utkal Alumina International Ltd

Hindustan Dorr Oliver Ltd (HDO) has informed BSE that the Company has bagged an order worth Rs 39.5 Crores from Utkal Alumina International Ltd, an Aditya Birla Group Company for supply, erection and commissioning of Lime Handling Package Project at Doraguda. Dist. - Rayagada, Orissa on Lumpsum Turnkey basis for their upcoming Greenfield Alumina Refinery of capacity 1.4 MTPA in Orissa

HDO being a pioneer has been supplying MOL Package to all the Alumina Refineries in the country.

Execution of said Milk of Lime Package of capacity 30 TPH shall be completed within a period of 18 months.

Punj Lloyd - Updates

Punj Lloyd Ltd has informed BSE that in respect of issue of Equity Shares of Face Value of Rs 2/- each in the Company ("Equity Shares") to QIBs under Qualified Institutions Placement in terms of Chapter XIII-A of SEBI (DIP) Guidelines, the Committee of Directors of the Company has approved the issuance of up to 27,900,920 Equity shares of Face Value of Rs 2/- each at a Price of Rs 240.20 per Equity Share (including a premium of Rs 238.20 per Equity Share), aggregating to Rs 6,701,800,984 to Qualified Institutional Buyers. In addition, Company informed that the Bid Closing Date is August 05, 2009. The Placement Document in this regard will also be filed.

Tuesday, August 4, 2009

Cairn India - Updates

Cairn India Ltd has informed BSE that:

"It has been brought to our notice that a press release has been issued and faxed to certain sections of the media on August 2, 2009 in respect of production of crude oil from the Rajasthan field.

We wish to inform you that the said release has not been issued by the Company. It is a hoax and has been issued fraudulently without any authority or consent from the Company.

The matter is being investigated."

Deccan Chronicle - Buy Back Offer

Emkay Global Financial Services Ltd and Centrum Capital Ltd ("Managers to the Buyback") on behalf of Deccan Chronicle Holdings Ltd ("Target Company") has issued this Public Announcement ("Announcement" or "PA") to the Shareholders / Beneficial Owners of equity shares of the Target Company, pursuant to the provisions of Regulation 8(1) read with Regulation 15(c) of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 1998, for the time being in force including any statutory modifications and amendments from time to time ("Buy-back Regulations") and contains the disclosures as specified in Schedule II to the Buy-back Regulations.

Emkay Global Financial Services Ltd and Centrum Capital Ltd, vide a joint letter dated February 03, 2009 filed an application seeking exemption under Regulation 4(2) read with Regulation 3(1)(I) of Securities and Exchange Board of India (substantial acquisition of shares and takeovers) Regulations, 1997 ("Takeover Code") on behalf of Mr. T Venkattram Reddy, Mr. T Vinayak Ravi Reddy, Mr. P K Iyer and Ms. T Urmila Reddy ("Promoters") who collectively own 63.00% of the equity shares of Target Company. The exemption has been granted by SEBI vide its order dated July 20, 2009 ("Exemption Order")

The Target Company hereby announces the Buy-back of its fully paid-up Equity Shares of face value Rs. 2/- each ("Equity Shares") from the open market through stock exchanges using the electronic trading facilities of National Stock Exchange of India Limited ("NSE") and Bombay Stock Exchange Limited ("BSE") (together "Stock Exchanges") in accordance with the provisions of Sections 77A, 77AA and 77B of the Companies Act, 1956 ("Act") and Buyback Regulations at a price not exceeding Rs. 100/- per Equity Share ("Maximum Offer Price") payable in cash, for an aggregate amount not exceeding Rs. 18,000 lakhs ("Maximum Offer Size") from the existing owners of Equity Shares, other than those who are the Promoters holding Equity Shares of the Company ("Buy-back"). The Maximum Offer Size represents 18.64% of the aggregate of the Company's total paid-up equity capital and free reserves as on March 31, 2008 (the date of latest standalone audited accounts as on the date of Board meeting approving the Buy-back i.e. December 16, 2008).

The Company proposes to Buy-back its fully paid-up Equity Shares of face value of Rs. 2/-each upto 3,50,00,000 Equity Shares ("Maximum Offer Shares") such that the Promoters' holding shall not exceed 73.51% of the paidup capital of the Company post Buy-back and minimum of 1,00,00,000 Equity Shares ("Minimum Offer Shares") at a price not exceeding Rs. 100/- per Equity Share payable in cash for an amount of upto Rs. 18,000 lakhs.

The Maximum Offer Price has been arrived at after considering certain parameters such as, book value, earning trends in recent past, future outlook for the industry, average price earnings multiples in market and possible impact on earnings per share, industry scenario and impact on other financial parameters due to Buy-back. The Buy-back of Equity Shares will be made at a Maximum Offer Price of Rs. 100/- per share which represents a premium of 80.51% to the closing price on BSE and NSE i.e. Rs. 55.40, on trading day on the date of the Board Meeting i.e. December 16, 2008. The Maximum Offer Price of Rs. 100/- per share offers a premium approximately 153.16% and 152.84% to the closing price on BSE i.e. Rs. 39.50 and NSE i.e. Rs. 39.55, respectively, on date of passing the special resolution by approval of shareholders through postal ballot i.e. January 27, 2009.

The actual number of Equity Shares bought back would depend upon the average price paid for the Equity Shares bought back and the amount deployed in Buy-back in accordance with resolution passed by the shareholders of the Company on January 27, 2009.

Schedule of activities:

Board meeting approving the Buy-back - December 16, 2008

Approval of shareholders of the Company for Buy-back, through postal ballot - January 27, 2009

Date of commencement of the Buy-back - August 12, 2009

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

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

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

Last date for completion of Buy-back - January 25, 2010 (i.e. 12 months from the date of passing special resolution). However, the Board in its absolute discretion may decide
to close the Buy-back at an earlier date in the event of Minimum Offer Shares being purchased under 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 Buy-back within the last date of Buy-back. The Board will close the Buy-back at an earlier date if the amount utilised in the Buy back is equal to Maximum Offer Size.

Aegis Logistics - Buy Back Offer

Karvy Investor Services Ltd ("Manager to the BuyBack") on behalf of Aegis Logistics Ltd ("Target Company") has issued this Public Announcement for Buy Back to the Equity Shareholders / Beneficial Owners of the Equity Shares of the Target Company, pursuant to the provisions of Regulation 8(1) read with 15(c) of the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998, for the time being in force including any statutory modifications and amendments from time to time ("Buy-Back Regulations") and contains the disclosures as specified in Schedule II to the Buy-Back Regulations.

Aegis Logistics Ltd ("Aegis" or "the Company') hereby announces the Buy-Back of its fully paid-up Equity Shares of the face value of Rs 10/- each ("Equity Shares") from the shareholders / beneficial owners of the Equity Shares of the Company ("Buy-Back") except Promoters of the Company or persons in control of the Company from the open market through
the Stock Exchange Mechanism using the nationwide electronic trading terminals of the Bombay Stock Exchange Ltd ("BSE") and the National Stock Exchange of India Ltd ("NSE" and together with BSE, the "Stock Exchanges") pursuant to Article 68A of the Articles of Association of the Company and in accordance with Sections 77A, 77AA and 77B of the Companies Act, 1956 (the "Act") and the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 1998 (the "Buy-Back Regulations") at a price not exceeding Rs 143/- per Equity Share ("Maximum Offer Price") payable in cash, for an aggregate amount not exceeding Rs 1672.11 Lacs ("Maximum Offer Size"). The Buy-Back size represents 10% of the aggregate paid-up Equity Share capital and free reserves of the Company as on March 31, 2009 (the date of the last audited accounts) constituting upto a maximum of 11,69,307 Equity Shares ("Maximum Offer Shares") of Rs 10/- each.

The actual amount deployed would depend upon the average price paid for the Shares bought in the proposed Buy-Back, however, the total number of Shares to be bought back shall not exceed 11,69,307 Equity Shares and the amount deployed shall not exceed Rs 1672.11 Lacs. The Company proposes to buy minimum 5,84,654 Equity Shares under Buy-Back Offer. The Buy-Back will be implemented by the Company through the Stock Exchange Mechanism using the nationwide electronic trading terminals of BSE and NSE. The Company shall not Buy-Back its Equity Shares from any person through negotiated deals, whether on or off the Stock Exchanges or through spot transactions or through any private arrangement in the implementation of the Buy-Back.

The maximum offer price of Rs 143/- per share has been arrived after considering factors such as the trends in the market price of the Equity Shares during the last six months prior to the date of the Board Meeting, Return on Net-Worth and impact on other financial parameters and the possible impact of the Buy-Back on the earnings per share of the Company. The maximum Buy-Back price of Rs 143/- per share offers a premium of 17.07% over the closing price at BSE on July 08, 2009 the date prior to the date of the Board Meeting for approving the Buy-Back offer and 16.69% over the closing price on the same day at NSE.

Schedule of activities:

Board Meeting approving Buyback - July 09, 2009

Date of Opening of the Buyback - August 10, 2009

Acceptance of shares - Within 7 days of the relevant payout dates of the respective Stock Exchanges.

Extinguishment of shares - Within 15 days of acceptance as above

Last date for the Buyback - July 08, 2010. However, the Board in its absolute discretion may decide to close the Buy-Back of Shares at such earlier date as may be determined by the Board in the event the Minimum offer shares purchased even if Maximum offer size or utilization of Rs 1672.11 Lacs has not been reached for Buy-Back by giving an appropriate notice for closing date and completion of all formalities required as per relevant laws and regulations. There would be a completion of all payment obligations in respect of Buy-Back prior to last date of Buy-Back.

Great Offshore - Updates on Open Offer

ABG Shipyard Limited along with Eleventh Land Developers Pvt Ltd has submitted to BSE the Disclosure under regulation 22 (17) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, as amended ("Regulations"). The Company has further informed the Exchange that the Offer Price for the Offer stands revised to Rs 520 (Rupees Five Hundred and Twenty Rupees Only), and shall be payable to all shareholders who tender there shares at anytime during the Offer.

SJ Corporation - Outcome of Board Meeting - Sub-division of Equity Shares

SJ Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2009, inter alia, has also approved:

1. To sub divide (split) the shares of the Company from Rs 10/- per share to Re 1/- per share, subject to the approval of the members at their forthcoming Annual General Meeting.

2. To issue bonus shares of the Company in the ratio 3:1 i.e. 3 new shares for every one share held, subject to the approval of the members at their forthcoming Annual General Meeting.

Further the Company has informed that the Members of the Company at their 28th AGM held on July 30, 2009 have unanimously dropped the resolution pertaining to issue of bonus shares in the ratio 3:1 i.e. 3 new shares for every one share held.

Inter State Finance - Updates

With reference to the earlier annoucement dated August 01, 2009, regarding re-Appointment of Managing Director subject to approval of Members of the Company at ensuing AGM to be held on August 31, 2009, Inter State Finance Ltd has now informed BSE that in the said point, the date of ensuing Annual General Meeting was inadvertently mentioned as "August 31, 2009" instead of "September 07, 2009".

Elpro International - Updates

Elpro International Ltd has informed BSE that pursuant to Shareholders approval through postal ballot on dated April 04, 2008, the Company has issued 11,00,000 Warrants to different Foreign Institutional Investors at a price of Rs 611/- per warrant convertible into equivalent number of shares upon payment of 100% consideration of warrants. The Loc-in period of the above warrants has been expired on April 24, 2009.

Now up on the request of Keynote Commodities Ltd and on receipt of requisite documents the Company has transferred 220000 no. of warrants in favor of Keynote Commodities Ltd initially issued to India Max Investment Fund Ltd.

GSS America - Updates on Closure of Buy Back Offer

Fortune Financial Services (India) Ltd ("Manager to the BuyBack") on behalf of GSS America Infotech Ltd ("Target Company") has issued this Public Announcement to the Equity Shareholders / Beneficial Owners of the Target Company, which is in continuation of and should be read in conjunction with the Public Announcement ("PA") dated February 10, 2009 & Corrigendum to PA ("Corrigendum") dated February 20, 2009.

The Target Company having purchased the requisite minimum number of its Equity Shares, has decided to close the Buy-back of Equity Shares from the open market route through Stock Exchanges with effect from August 07, 2009. The acceptance of all Equity Shares bought back & completion of all payment obligations in respect of the Buy-back shall take place on or prior to August 07, 2009. All equity Shares bought back shall be extinguished in accordance with Clause 11, 13.3 & 13.4 of the PA, further to be read in conjunction with the Corrigendum with respect to clause 11.

No order for the Buy-back shall be placed after August 04, 2009. As on August 01, 2009, the Company has bought back 563,157 number of Equity Shares an aggregate amount of Rs 85.71 million.

Asian Paints - Updates

Asian Paints Ltd has informed BSE regarding the announcement made by Berger International Limited (BIL), Singapore which is listed on the Singapore Stock Exchange Ltd. BIL is a subsidiary of Asian Paints Ltd.

Further the Company has informed that, the announcement has already been made via the masnet on the Singapore Stock Exchange Ltd on July 31, 2009. Berger International Ltd, Singapore has no operations in India.

Kotak Mahindra Bank - Updates

With reference to the earlier announcement dated May 14, 2009 regarding approval from the Forward Markets Commission (FMC) for an investment by the Kotak Mahindra Group into the Ahmedabad Commodity Exchange (ACE) as an anchor investor, Kotak Mahindra Bank Ltd has now informed BSE that Kotak Mahindra Group, namely Kotak Mahindra Bank Ltd and it affiliates, has invested in ACE on August 04, 2009, having obtained all necessary regulatory and other approvals.

Bank of India - Strike

Bank of India has informed BSE that United Forum of Bank Unions which is a joint forum of 5 workmen Unions (viz. AIBEA, NCBE, BEFI, INBEF & NOBW) and 4 Officers' Associations (viz AIBOC, AIBOA, INBOC & NOBW) has served a notice of strike, informing their decision to go on a nationwide strike on 6th & 7th August 2009 (Thursday & Friday).

The Bank is taking all the necessary steps in terms of the existing guidelines for smooth functioning of Bank's branches / offices to deal with the strike in the event the same materializes on 6th & 7th August, 2009.

Crompton Greaves - Updates

Crompton Greaves Ltd has informed BSE that the Company has acquired 81,60,000 Equity Shares comprising 51% Share Capital of Brook Crompton Greaves Ltd, at a price of US Dollars 13,40,000/-.

Brook Crompton Greaves Ltd is involved in manufacturing of Low Tension high efficiency motors for various industrial applications.

IRB Infrastructure - Updates

IRB Infrastructure Developers Ltd has informed BSE that the Company had submitted its Bid with the Maharashtra Industrial Development Corporation ('MIDC') for Design, Built, Finance & Operation of Greenfield Airport in Sindhudurg District, Maharashtra (the "Project").

The Company has informed that the Company is declared as the "Selected Bidder" for the Project vide Letter of Award dated August 03, 2009 ("LoA") issued by MIDC in this regard. Now the Company is required to form a Special Purpose Vehicle ("SPV") as per provisions of the bid.

The Project is having concession period of 95 years with construction period of 18 months from the date of fulfillment of conditions precedent. Total Land admeasuring about 650 Acres has been acquired by MIDC and the same will be handed over to the SPV for the Development of the Airport.

Monday, August 3, 2009

Wipro - Allotment of Equity Shares

Wipro Ltd has informed BSE that Administrative Committee of the Company's Board of Directors vide Circular resolution dated July 30, 2009 :

1. Resolved to issue and allot 44688 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 12896 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.

IRB Infrastructure - Updates

IRB Infrastructure Developers Ltd has informed BSE that the Company has received an official communication from the National Highway Authority of India ("NHAI") by way of a Letter of Acceptance ("LoA") dated July 27, 2009 whereby NHAI has accepted the Company's Price Bid and has declared the Company as the "successful bidder" for the project of Design, Engineering, Finance, Construction, Operation and Maintenance of Pathankot to Amritsar Section of NH - 15 from Km 6.082 to Km. 108.502 in the State of Punjab under NHDP Phase IIIB on BOT Basis. Now the Company is required to form a Special Purpose Vehicle as per provisions of the bid within 45 days of LoA.

Avantel - Updates on Buy Back Offer

Canara Bank ("Manager to the Buyback") on behalf of Avantel Ltd ("Target Company") has issued this Public Announcement to the Equity Shareholders / Beneficial Owners of equity shares of the Target Company, which is in continuation of & should be read in conjunction with the Public Announcement ("PA") published on May 07, 2009 & Corrigendum published on May 25, 2009, in compliance with the requirements of Regulations 19(1) (a) of the SEBI (Buy-Back of Securities) Regulations, 1998.

Target Company Proposed Buy Back of its own fully paid up equity shares of 7,00,000 Equity Shares at a Maximum price of Rs 50.00 involving a total consideration of a maximum of Rs 3.45 crores in accordance with the provisions contained in the Articles of Association, sections 77A, 7713 and all other applicable provisions of the Act, and the provisions contained in the Buyback Regulations.

The Board of Directors of the Target Company at its meeting held on July 30, 2009, having purchased the requisite minimum number of shares, decided to close the offer for Buyback of equity shares, under open market, through the Bombay Stock Exchange Ltd (BSE) w.e.f. August 04, 2009, in terms of the buyback offer.

No order for the buyback will be placed with effect from August 04, 2009. As on July 30, 2009, the Company has bought back 446243 equity shares (subject to closeouts, if any) for an aggregate amount of Rs 218.87 lacs.

Jayant Agro - Updates

Jayant Agro Organics Ltd has informed BSE that the allottees of 13,00,000 Convertible warrants of Rs 105/- each issued on preferential basis to Jayant Finvest Ltd, a Promoter Group and 4,00000 Convertible warrants of Rs 105/- each issued on preferential basis to Mr. Umed A Fifadra, Non-Promoter on February 02, 2008 aggregating 17,00,000 convertible warrants, have not exercised their option to convert the aforesaid warrants into equivalent number of equity shares on or before August 02, 2009 as per the terms of the issue.

The validity of the said warrants therefore has lapsed.

Essen Supplements - Open Offer

VC Corporate Advisors Pvt Ltd ("Manager to the Offer") on behalf of Shri Ganesh Kumar Singhania & Smt. Anita Singhania ("Acquirers") has issued this Public Announcement ("PA") to the Shareholders of Essen Supplements India Ltd ("Target Company"), pursuant to & in compliance with Regulation 10 & 12 & other applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 & Subsequent amendments thereto ("Regulations").

The Offer:

The Acquirers are making this Offer under Regulations 10 & 12 of the Regulations, to the Public Shareholders of the Target Company to acquire 12,00,000 equity shares of Rs 10/- each representing 20.66% of the expanded subscribed equity share capital & 20.88% of the expanded voting share capital of the Target Company at a price of Rs 10/- per fully paid up shares & Rs 5/- per partly paid up equity shares payable in cash ("Offer Price"). There are 60,402 partly paid up equity shares of the Target Company outstanding as on the date of the PA. The amount due on each partly paid equity shares is Rs 5/- each. The offer price in respect of partly paid up shares is in compliance with the Regulation 20(10) of the Regulations.

Schedule of Activities:

Specified Date - August 21, 2009

Date of Opening of the Offer - September 18, 2009

Date of Closing of the Offer - October 07, 2009

Vardhman Industries - Updates

Vardhman Industries Ltd has informed BSE that Persons Acting in Concert (PACs) with the promoters of the Company have purchased a total of 26,000 (twenty six thousand) Equity Shares of Rs 10/- each of the Company from open market in normal segment on the Stock Exchange the details of which are as under:

Date of Purchase: July 17, 2009
Name of PAC: Mrs. Zarqa Jain
No. of Shares purchased: 26,000

As a consequence of this acquisition the promoters alongwith PACs have acquired a total of 2,84,000 equity shares representing 3.60% by way of creeping acquisition during the current financial year.

Steel Strips Wheels - Updates

Steel Strips Wheels Ltd has informed BSE that the Company has achieved sales of 6,60,085 Wheel Rims during the month of July, 2009 as against 5,15,284 wheel Rims during the month of July, 2008, recording a growth of 28.10%. The Company has also achieved a production of 6,14,563 wheel rims during July, 2009 as against 5,21,775 during July, 2008 recording a growth of 17.78%.

The Company has achieved the Export Sales of 43,161 wheel rims during the month July, 2009 as against 38,641 wheel rims during the month of July 2008, recording a growth of 11.70%.

Unitech clarifies on news item

With reference to the news item appearing in a leading financial daily dated August 03, 2009 titled "Unitech to raise Rs 1k cr via QIPs for fresh investment", Unitech Ltd has clarified to BSE that such news are completely baseless and motivated. The Company has already completed its fund raising through two rounds of Qualified Institutional Placements, the last one completed in the first week of July'09. It does not have any such plans of funds raising through QIP at this juncture.

Todays Writing - Updates

Todays Writing Products Ltd has informed BSE that HDFC Bank Ltd has initiated recovery proceedings against the Company in the Debt Recovery Tribunal at Mumbai and also filed cases under section 138 / 141 of the Negotiable Instruments Act. Further they have filed a petition against the Company before the Hon'ble High Court at Bombay under section 433 and 434 of Companies Act. The Company is actively defending these cases to protect the interest of the shareholders, creditors, banks / institutions that have lent to the Company.

Godrej Consumer equity shareholders approve Scheme of Amalgamation

Godrej Consumer Products Ltd has informed BSE that pursuant to the directions given by the Hon'ble High Court of Bombay under section 391 of the Companies Act, 1956, a meeting of the Equity Shareholders of the Company was held on July 31, 2009, for the purpose of considering and, if thought fit, approving with or without modification(s), the arrangement embodied in the Scheme of Amalgamation ('the Scheme') of Godrej ConsumerBiz Ltd and Godrej Hygiene Care Ltd with the Company and their Respective Shareholders.

Further the Company has informed that, at the said meeting, the equity shareholders have approved the Scheme without any modifications with the requisite majority.

Lanco Infratech - Updates

Lanco Infratech Ltd has informed BSE that on July 31, 2009, a Special Leave Petition ("SLP") filed by the MP Power Trading Company Ltd ("MPPTCL"), was listed for hearing before the Supreme Court for admission and stay against the order of the two-judge bench Madhya Pradesh High Court dated June 29, 2009 (No. 687 of 2008). The order of the Madhya Pradesh High Court had negated certain contentions against Lanco Amarkantak Power Private Ltd (a Subsidiary of the Company) raised by MPPTCL. The Supreme Court passed orders adjourning such hearing to August 17, 2009.

Gujarat Gas - Updates

Gujarat Gas Company Ltd has informed BSE that consequent to the intimation dated July 31, 2009 from GAIL regarding the notification of a Force Majeure(FM) event at the oil evacuation system of the Panna and Mukta fields with effect from 1600 hours on July 25, 2009 which has also impacted the gas production, the volume of gas being supplied by GAIL to the Company has been reduced by about 40% till further notice.

Supplies from GAIL from the PMT fields account for more than 75% of the Company's total gas supply. This has impacted Company's sale of gas mainly to industrial customers.

Gas supply from the Company's other suppliers continues to be at levels prevailing before this FM event.