Tata Power to hold Board Meeting on Oct 26
Tata Power Company Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 26, 2006, inter alia, to consider and take on record the audited financial results for the quarter ended September 30, 2006 (Q2).
------------------------------
ICSA India inks agreement with Oil India
ICSA India Ltd has signed an agreement with M/s Oil India Ltd (a Govt. of India Enterprise) to market and undertake projects in India and abroad for pipeline Intelligent Cathodic Protection (ICAP)and related projects.
Tata Power Company Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 26, 2006, inter alia, to consider and take on record the audited financial results for the quarter ended September 30, 2006 (Q2).
------------------------------
ICSA India inks agreement with Oil India
ICSA India Ltd has signed an agreement with M/s Oil India Ltd (a Govt. of India Enterprise) to market and undertake projects in India and abroad for pipeline Intelligent Cathodic Protection (ICAP)and related projects.
Intelligent Cathodic Protection (ICAP) is an innovative wireless embedded real time system developed by the Company for pipeline applications to monitor, analyze and display in real time the data of Cathodic Protection Parameters for all types of existing, new and cross country pipelines. All relevant parameters are logged in real time and transmitted through Global System for Mobile (GSM)/CDMA/RF/Optical Fiber network to the desired location. The base station computer has in-built data analysis and interpretation routines for real time forecast. It forecasts abnormalities and trends in graphical and numerical form. It is a field compatible system and automatically acquires data from various test lead points, transformer rectifier unit and other stations spread over along the pipeline round the clock and facilitates prompt action during adverse behaviour. It has a built-in powerful integrated wireless data transmission facility to support various modes of transmissions. In addition, it has field compatible sensors for detecting various corrosion parameters. It has built-in security facilities, it eliminates expensive conventional measurements, maintains statutory requirements, forecast pilferage/ tampering/ defects, and improves the life and safety and numerous general purpose features.
Under the terms of the deal, the two companies agreed to incorporate a new company within 12 months of the execution of the signed agreement. The terms and conditions relating to the formation of the company will be finalized soon. Until such time a core group from both the companies will be conducting the day-to-day operations of the Joint Venture.
----------------------------
Hitech Plast members approve payment of dividend
Hitech Plast Ltd has informed that the members at the 15th Annual General Meeting (AGM) of the Company held on September 23, 2006, inter alia, have accorded to the following:
----------------------------
Hitech Plast members approve payment of dividend
Hitech Plast Ltd has informed that the members at the 15th Annual General Meeting (AGM) of the Company held on September 23, 2006, inter alia, have accorded to the following:
1. Approved the payment of dividend of 8% on the equity shares of the Company.
2. Appointment of Mr. Ranjan M Kapur and Mr. Anand S Bhatt as Directors of the Company, liable to retire by rotation.
3. Approved the payment of remuneration to the Managing Director.
4. Authority to the Board to borrow money and create mortgage not exceeding Rs 5000 million pursuant to section 293(1)(a) & (d) of the Companies Act, 1956.
5. Approved the amendments of Articles of Association of the Company so as to give option to shareholders to forego dividend
---------------------------
Tata Power inks MoU with Government of Orissa
Tata Power Company Ltd on September 26, 2006, has announced the signing of a MoU with the Government of Orissa for the development of a 1000 MW coal-based power project with captive coat mining facilities. The project is estimated to entail an investment of around Rs 4,300 crores and will be set up at Naraj Marthapur in Cuttack. Another 1000 MW is expected to come up as the second phase of project development and will take the total capacity to 2000 MW with an estimated investment of Rs 9000 crores.
---------------------------
Tata Power inks MoU with Government of Orissa
Tata Power Company Ltd on September 26, 2006, has announced the signing of a MoU with the Government of Orissa for the development of a 1000 MW coal-based power project with captive coat mining facilities. The project is estimated to entail an investment of around Rs 4,300 crores and will be set up at Naraj Marthapur in Cuttack. Another 1000 MW is expected to come up as the second phase of project development and will take the total capacity to 2000 MW with an estimated investment of Rs 9000 crores.
The Agreement signifies the intent of the Government of Orissa for rapid industrialization and prosperity of the State and its people. Towards this end, the Government of Orissa has sought to extend comprehensive assistance to the power Project through active participation. The government will assist the Company for single window clearances and approvals. The Government of Orissa will also recommend to the Central Government for allocation of captive coal blocks or will assist in necessary coal linkages for the project. A Government of Orissa nominated agency will purchase a portion of the power generated, for which a PPA is to be subsequently signed. Being a Mega Power Project, the Company will also sell power to distribution entities from the other States. The Company will also serve the power requirements of Tata Steels proposed steel plant in the State as well as certain large industrial units in Orissa.
Mr Add Engineer, Director, of the Company, said, the MoU signifies a beginning of a new relationship between Tata Power and the Government of Orissa towards bridging the power requirements of the state and the country. With this MoU, Tata Power has taken another step towards its growth plans and increasing its national footprint. The agreement also reiterates the commitment of the Tata Group towards the State of Orissa.
---------------------------------
Paramount Communications Board sanctions increase in authorized capital
Paramount Communications Ltd has informed that the Board of Directors of the Company at its meeting held on September 26, 2006, inter alia, have taken the following decisions:
---------------------------------
Paramount Communications Board sanctions increase in authorized capital
Paramount Communications Ltd has informed that the Board of Directors of the Company at its meeting held on September 26, 2006, inter alia, have taken the following decisions:
1. Issue, offer and allot further shares under Section 81(1A) of the Companies Act, 1956 upto USD 50 Million by way of international offering by issue of convertible securities / Foreign Currency Convertible Bonds (FCCBs) / Global Depository Receipts (GDRs) / American Depository Receipts (ADRs) and / or by way of private placement / Qualified Institutional Placement, whether in Indian or Foreign currency, subject to the approval of the members of the company.
2. Increase in authorized capital of the Company from Rs 25 Crores divided into 2,50,00,000 equity shares of Rs 10/- each to Rs 35 Crores divided into 3,50,00,000 equity shares of Rs 10/- each by addition of 1,00,00,000 equity shares of Rs 10 each and consequently alteration Clause VI of Memorandum of association of the Company, subject to the approval of members of the Company.
3. Increase in borrowing limits under section 293(1)(d) and increase in the limits to create mortgage / charge / hypothecation etc. under Section 293(1)(a) of the Companies Act, 1956 upto Rs 1000 Crores over and above the Paid-up share capital of the Company and its free reserves, subject to the approval of members of the company.
4. Hold Extra Ordinary General Meeting of the Company on October 23, 2006.
5. Shifting of Registered Office of the Company from New Rohtak Road, New Delhi to Naraina, New Dethi with effect from September 30, 2006.
-------------------------------
RS Software members approve re-appointment of Statutory Auditors
RS Software India Ltd has informed that the members at the 18th Annual General Meeting (AGM) of the Company held on August 18, 2006, inter alia, have accorded to the following:
-------------------------------
RS Software members approve re-appointment of Statutory Auditors
RS Software India Ltd has informed that the members at the 18th Annual General Meeting (AGM) of the Company held on August 18, 2006, inter alia, have accorded to the following:
1. Adoption of the Audited Balance Sheet of the Company as at March 31, 2006 and the Profit and Loss Account for the year ended as on date together with the Statements / Schedules and the Auditors and Directors report thereon.
3. Re-appointment of Mr Shital Jain and Maj. Gen. A Balasubramaniam, as Directors of the Company.
4. Re-appointment of M/s Chaturvedi & Co., as Statutory Auditors of the Company, to hold office as such from the conclusion of this meeting upto the conclusion of the next Annual General Meeting of the Company, on remuneration, terms and conditions.
5. Allotment of 562,500 Equity Shares arising out of 5625 zero interest Non-Convertible Debentures of Rs 10/- each, each Debenture having 100 detachable Warrants each entitling the holder to subscribe to one Equity Share at Issue price of Rs 20 each (including a premium of Rs 10/- per share) to the main Promoter, Mr R R Jain on January 10, 1994 which was supposed to be done between the 2nd and 4th year from the date of allotment was extended by the Board for one more year i.e. till July 1999 be and is hereby approved and the Board's decision is ratified.
6. Payment of Remuneration to Mr Jonathan Kalman, as a Director of the Company.
-------------------------------
UMS Technologies declares dividend
UMS Technologies Ltd has informed that the members at the 36th Annual General Meeting (AGM) of the Company held on September 26, 2006, have declared the dividend at the rate of Re 0.75 paise per share on the Equity Capital of the Company (@ 7.5% on the Equity Share of Rs 10/- each) for the year ended March 31, 2006.
-------------------------------
Bharati Shipyard members sanction declaration of Dividend
Bharati Shipyard Ltd has informed that the members at the 29th Annual General Meeting (AGM) of the Company held on August 29, 2006, inter alia, have accorded to the following:
-------------------------------
UMS Technologies declares dividend
UMS Technologies Ltd has informed that the members at the 36th Annual General Meeting (AGM) of the Company held on September 26, 2006, have declared the dividend at the rate of Re 0.75 paise per share on the Equity Capital of the Company (@ 7.5% on the Equity Share of Rs 10/- each) for the year ended March 31, 2006.
-------------------------------
Bharati Shipyard members sanction declaration of Dividend
Bharati Shipyard Ltd has informed that the members at the 29th Annual General Meeting (AGM) of the Company held on August 29, 2006, inter alia, have accorded to the following:
1. Adoption of Profit and Loss Account for the year ended March 31, 2006 and the Balance Sheet as at that date and Report of the Directors and Auditors thereon.
2. Declaration of Dividend at the rate of Rs 2.50 per Equity Share on the Equity share Capital of the Company for the year ended March 31, 2006.
3. Re-appointment of Mr. J M Gandhi as Director of the Company.
4. Appointment of M/s Shantilal Mehta & Co. and M/s Bhuta Shah & Co, Chartered Accountants, as Joint Auditors of Company to hold office from the conclusion this meeting until the conclusion of next Annual General Meeting of the Company, on remuneration, terms & conditions.
------------------------------
Visaka Industries to hold Board Meeting on Oct 04
Visaka Industries Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 04, 2006, inter alia, to consider and approve the Issue of FCCB / GDR / Preferential Allotment of Shares to Qualified Institutional Buyers, to Finance the new project proposed by the Company.
------------------------------
California Software to issue equity shares on preferential basis
California Software Company Ltd has informed that an Extra Ordinary General Meeting (EGM) of the shareholders of the Company will be held on October 16, 2006, inter alia, to transact the following:
------------------------------
Visaka Industries to hold Board Meeting on Oct 04
Visaka Industries Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 04, 2006, inter alia, to consider and approve the Issue of FCCB / GDR / Preferential Allotment of Shares to Qualified Institutional Buyers, to Finance the new project proposed by the Company.
------------------------------
California Software to issue equity shares on preferential basis
California Software Company Ltd has informed that an Extra Ordinary General Meeting (EGM) of the shareholders of the Company will be held on October 16, 2006, inter alia, to transact the following:
1. To offer, Issue and allot 5,55,556 equity shares of Rs 10/- each for cash on preferential basis to 4 promoter shareholders of M/s. Inatech Infosolutions Pvt Ltd at the price of Rs 90/- per share (including a premium of Rs 80/- per share) which is marginally in excess of the price calculated as per SEBI (Disclosure and Investor Protection) Guidelines on Preferential Issue and that the Board is authorised to finalise all matters incidental thereto as it may in its absolute discretion think fit, in accordance with all applicable laws rules and regulations for the time being in force in that behalf, subject to necessary provisions & approvals.
2. To create, issue and allot 94,50,000, Zero percent, Fully convertible debentures (FCDs) of Rs 10/- each for cash on a preferential basis to Kemoil Ltd, Hongkong and/or associates or their nominees. The FCDs shall be converted into Equity shares of the Company in three tranches over a maximum period of 18 months from the date of allotment, on the basis of Nine FCDs of Rs 10/- each being converted into one Equity Share of Rs 10/- each at a price of Rs 90/- (including a premium of Rs 80/-). The Conversion price of Rs 90/- per Equity Share is marginally in excess of the price Calculated as per SEBI (Disclosure and Investor Protection) Guidelines on Preferential Issue, subject to necessary provisions & approvals.
-------------------------------
Amulya Leasing to hold AGM on Sep 30
Amulya Leasing & Finance Ltd has informed that the 20th Annual General Meeting (AGM) of the members of the Company will be held on September 30, 2006, inter alia, to transact the following:
-------------------------------
Amulya Leasing to hold AGM on Sep 30
Amulya Leasing & Finance Ltd has informed that the 20th Annual General Meeting (AGM) of the members of the Company will be held on September 30, 2006, inter alia, to transact the following:
1. To receive, consider and adopt the Audited Balance Sheet as at March 31, 2006 and Profit & Loss Account for the year ended on that date together with the Reports of the Directors and Auditors thereon.
2. To appoint a director in place of Sh. Anil Goel who retires by rotation and being eligible offers himself for re-appointment.
3. To appoint M/s R K Batra & Co., Chartered Accountants, the retiring Auditors, as Statutory Auditors of the Company to hold office from the conclusion of the forthcoming Annual General Meeting until the conclusion of the next Annual General Meeting and to fix their remuneration
-------------------------------
Chambal Fertilisers members approve declaration of dividend
Chambal Fertilisers & Chemicals Ltd has informed that the members at the 21st Annual General Meeting (AGM) of the Company held on August 25, 2006, inter alia, have accorded to the following:
-------------------------------
Chambal Fertilisers members approve declaration of dividend
Chambal Fertilisers & Chemicals Ltd has informed that the members at the 21st Annual General Meeting (AGM) of the Company held on August 25, 2006, inter alia, have accorded to the following:
1. Adoption of Audited Balance Sheets as at March 31, 2006 and Profit and Loss Account for the year ended March 31, 2006 together with the reports of Auditors and Directors thereon.
2. Declaration of dividend at the rate of Re 0.50 per preference share to the holders of cumulative redeemable preference shares and Rs 1.80 per equity share for the year ended March 31, 2006 to the equity shareholders.
3. Re-appointment of Marco Wadia, Mr D Basu and Mr A J A Tauro, as Directors of the Company, liable to retire by rotation.
4. Re-appointment of M/s S R Batliboi & Co., Chartered Accountants, as Auditors of the Company, to hold the office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms and conditions.
5. Appointment of M/s Singhi & Co., Chartered Accountants as Branch Auditors for the Shipping Business of the Company, to hold the office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms and conditions
--------------------------------
PEARL Polymers members approve reappointment of Ramesh Mehra as Director
PEARL Polymers Ltd has informed that the members at the 35th Annual General Meeting (AGM) of the Company held on September 26, 2006, inter alia, have accorded the following:
--------------------------------
PEARL Polymers members approve reappointment of Ramesh Mehra as Director
PEARL Polymers Ltd has informed that the members at the 35th Annual General Meeting (AGM) of the Company held on September 26, 2006, inter alia, have accorded the following:
1. Adoption of Annual Accounts for the year ended March 31, 2006 together with the Report of Directors and Auditors thereon.
2. Reappointment of Mr Ramesh Mehra as Director.
3. Appointment of M/s. J C Bhalla & Co. as statutory auditors of the Company to hold the off until the conclusion of next Annual General Meeting.
4. To Appoint Branch Auditors of any Branch of the Company.
5. Appointment Of Mr. Naresh Khanna & Mr. Varun Seth as a Directors on the Board of the Company.
6. Appointment of Mr. Udit Seth, a relative of Mr Chand Seth, Chairman and Managing Director of Company and Mr. Varun Seth, Whole-time Director of the Company to hold and continue to hold office or pace of profit u/s 314(1) of the Companies Act, 1956.
7. Appointment of Mr. Varun Seth, as Whole-time Director of the Company.
-----------------------------
SMIFS Capital AGM updates
SMIFS Capital Markets Ltd has informed that the members at the 23rd Annual General Meeting (AGM) of the Company held on September 16, 2006, inter alia, have passed the special resolution, authorising the Board to create, offer, issue and allot not more than 55,85,000 equity shares of the company of face value of Rs 10/- for cash at such premium and in such proportion as may be decided by the Board, to the members on right basis (fractional entitlements, if any, to be rounded off to the next higher integer) and to such person(s), who may not be the member(s) of the company, being renounces in whose favour the rights may be renounced by the respective member(s), aggregating to not more than Rs 12,00,00,000/- and the Record date for the said purpose be fixed by the Board at a later date, subject to necessary provisions and approvals.
-----------------------------
Patels Airtemp members approve re-appointment of Directors
Patels Airtemp India Ltd has informed that the members at the 14th Annual General Meeting (AGM) of the Company held on September 23, 2006, inter alia, have accorded to the following:
-----------------------------
SMIFS Capital AGM updates
SMIFS Capital Markets Ltd has informed that the members at the 23rd Annual General Meeting (AGM) of the Company held on September 16, 2006, inter alia, have passed the special resolution, authorising the Board to create, offer, issue and allot not more than 55,85,000 equity shares of the company of face value of Rs 10/- for cash at such premium and in such proportion as may be decided by the Board, to the members on right basis (fractional entitlements, if any, to be rounded off to the next higher integer) and to such person(s), who may not be the member(s) of the company, being renounces in whose favour the rights may be renounced by the respective member(s), aggregating to not more than Rs 12,00,00,000/- and the Record date for the said purpose be fixed by the Board at a later date, subject to necessary provisions and approvals.
-----------------------------
Patels Airtemp members approve re-appointment of Directors
Patels Airtemp India Ltd has informed that the members at the 14th Annual General Meeting (AGM) of the Company held on September 23, 2006, inter alia, have accorded to the following:
1. Adoption of the Profit and Loss Account for the year ended March 31, 2006 and the Balance Sheet as at that date, the report of the Directors and Auditors thereon.
2. Re-appointment of Shri Umakant G Majmudar and Shri Narendra G Patel, as Directors of the Company.
3. Re-appointment of M/s Parikh & Majmudar, Chartered Accountants, Ahmedabad, as Auditors of the Company to hold office till the conclusion of the next Annual General Meeting of the Company on remuneration, terms & condition.
4. Appointment of Shri Hareshkumar I Shah, as Director of the Company, liable to retire by rotation.
5. Increase the remuneration of Shri Narayanbhai G Patel, as Managing Director of the Company for the period from December 01, 2005 to July 13, 2006.
6. Increase the remuneration of Shri Devidas C Narumalani, as Whole Time Director of the Company for the period from December 01, 2005 to July 13, 2006.
7. Increase the remuneration of Shri Narendra G Patel, as Whole Time Director of the Company for the period from December 01, 2005 to July 13, 2007.
8. Increase the remuneration of Shri Prakash N Patel, as Whole Time Director of the Company for the period from December 01, 2005 to May 31, 2007.
9. Appointment of Shri Devidas C Narumalani, as Whole Time Director of the Company for a period of three years with effect from July 14, 2006, on remuneration, terms and conditions.
10. Re-appointment of Shri Narayanbhai G Patel, as Managing Director of the Company for a period of five years with effect from July 14, 2006, on remuneration, terms and conditions.
-------------------------------
Orient Paper to hold Board Meeting on Oct 05
Orient Paper & Industries Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 05, 2006, to consider options for raising of equity capital, including issue of shares on rights basis.
-------------------------------
Geometric Software allots equity shares under ESOP
Geometric Software Solutions Company Ltd has informed that the Allotment Committee of Directors of the Company at its meeting held on September 26, 2006, has allotted 155,725 Equity shares on the exercise of vested stock options under ESOP Scheme 2001 and ESOP Scheme 2003.
-----------------------------
GTL to hold Board Meeting on Oct 05
GTL Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 05, 2006, inter alia, for the purpose of finalizing acquisition strategy of the Company, short listing the acquisition candidates and if deemed necessary approving the same.
-----------------------------
Mastek allots equity shares under ESOP
Mastek Ltd has informed that at the meeting of Committee of Directors held on September 26, 2006, 16,387 shares were allotted under the Employees' Stock Option Plan (ESOP).
-----------------------------
Hifco Marvel members approve re-appointment of Directors
Hifco Marvel Ltd has informed that the members at the Annual General Meeting (AGM) of the Company held on September 25, 2006, inter alia, have accorded to the following:
-------------------------------
Orient Paper to hold Board Meeting on Oct 05
Orient Paper & Industries Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 05, 2006, to consider options for raising of equity capital, including issue of shares on rights basis.
-------------------------------
Geometric Software allots equity shares under ESOP
Geometric Software Solutions Company Ltd has informed that the Allotment Committee of Directors of the Company at its meeting held on September 26, 2006, has allotted 155,725 Equity shares on the exercise of vested stock options under ESOP Scheme 2001 and ESOP Scheme 2003.
-----------------------------
GTL to hold Board Meeting on Oct 05
GTL Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 05, 2006, inter alia, for the purpose of finalizing acquisition strategy of the Company, short listing the acquisition candidates and if deemed necessary approving the same.
-----------------------------
Mastek allots equity shares under ESOP
Mastek Ltd has informed that at the meeting of Committee of Directors held on September 26, 2006, 16,387 shares were allotted under the Employees' Stock Option Plan (ESOP).
-----------------------------
Hifco Marvel members approve re-appointment of Directors
Hifco Marvel Ltd has informed that the members at the Annual General Meeting (AGM) of the Company held on September 25, 2006, inter alia, have accorded to the following:
1. Adoption of Audited Balance Sheet of the Company as on March 31, 2006 and Profit & Loss Account for the year ended on that date together with the Directors Report, Compliance Certificate and Auditors Report thereon.
2. Re-appointment of Mr. V R Shankara and Mr. B Viswanatha Reddy as Directors of the Company, liable to retire by rotation.
3. Re-appointment of M/s K Vijayaraghavan & Associates, Chartered Accountants, Hyderabad as Auditors of the Company to hold office from the conclusion of the meeting until the conclusion of next Annual General Meeting of the Company on remuneration, terms and conditions.
4. Insertion of new Article 63A after the existing Article 63 of the Articles of Association of the Company, subject to necessary provisions & approvals.
-----------------------------
Gujarat Ambuja Exports commissions Wind Mill at Kutch
Gujarat Ambuja Exports Ltd has informed that that two wind mills each of 1.250 MW have been commissioned at Village Vanku, Dist, Kutch, Gujarat on September 22, 2006.
-----------------------------
Gujarat Ambuja Exports commissions Wind Mill at Kutch
Gujarat Ambuja Exports Ltd has informed that that two wind mills each of 1.250 MW have been commissioned at Village Vanku, Dist, Kutch, Gujarat on September 22, 2006.
The same is step forward in the Companys objective to have Environment friendly energy generation.
-----------------------------
Tricom India members approve increase in Authorised capital
Tricom India Ltd has informed that the members at the 14th Annual General Meeting (AGM) of the Company held on September 25, 2006, inter alia, have accorded to the following:
-----------------------------
Tricom India members approve increase in Authorised capital
Tricom India Ltd has informed that the members at the 14th Annual General Meeting (AGM) of the Company held on September 25, 2006, inter alia, have accorded to the following:
1. Adoption of the Directors Report together with the Audited Balance Sheet as on March 31, 2006 and the Profit and Loss Account for the year ended on that date and the Auditors report thereon.
2. Declaration of Dividend @ 20% on Equity Shares i.e. Rs 2/- per share for the year ended March 31, 2006.
3. Re-appointment of Mr Chetan Kothari, Mr Vijay Bhatia and Mr Gautam Berry, as Directors of the Company.
4. Re-appointment of M/s J L Bhatt & Co., Chartered Accountants, Mumbai, as the Statutory Auditors of the Company to hold office from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting of the Company.
5. Appointment of Mr Hariom Tulsyan, as a Director of the Company.
6. Approval of the Tricom India Ltd - Employees Stock Options Scheme - 2006 for issue of securities not exceeding 5% of the issued equity share capital of the Company as on March 31, 2006.
7. Authority to the Board to borrow moneys as per provisions of Section 293(l)(d) of the Companies Act 1956 not exceeding Rs 125 crores.
8. payment Commission to Non-Executive Directors of the Company for a period of 5 years commencing from April 01, 2006 on the net profits of the Company in terms of section 309(4) of the Companies Act, 1956.
9. Voluntary delisting of Companys equity shares from Jaipur, Ahmedabad and Madras Stock Exchanges.
10. Increase in Authorised share capital from Rs 11 Crores to Rs 20 Crores and consequent changes in the capital clause in the Articles & Memorandum of Association.
----------------------------
Munoth Capital Markets members approve declaration of Dividend
Munoth Capital Markets Ltd has informed that the shareholders at the 24th Annual General Meeting (AGM) of the Company held on September 21, 2006, inter alia, have accorded to the following:
----------------------------
Munoth Capital Markets members approve declaration of Dividend
Munoth Capital Markets Ltd has informed that the shareholders at the 24th Annual General Meeting (AGM) of the Company held on September 21, 2006, inter alia, have accorded to the following:
1. Declaration of Dividend at Rs 1/- per equity share for the financial year 2005-06 i.e., year ended March 31, 2006.
2. Adoption of the Audited Balance Sheet of the Company as at March 31 2006 and Profit & Loss Account for the year ended March 31, 2006 together with the Directors Report, Cash Flow Statement, Compliance Certificate thereon.
3. Re-appointment of Mr. Suresh S Jain as Director of the Company.
4. Re-appointment of M/s. Vijay R Tater & Co, Chartered Accountants, as Auditors of the Company to hold office till the conclusion of next Annual General Meeting of the Company, on remuneration, terms & conditions.
-------------------------------
Sterling Biotech to buy gelatin manufacturing facility in China
Sterling Biotech Ltd has informed that the Company will acquire gelatin manufacturing facility in China i.e. China Gelatin Ltd. This acquisition will be first overseas acquisition by the company.
-------------------------------
Sterling Biotech to buy gelatin manufacturing facility in China
Sterling Biotech Ltd has informed that the Company will acquire gelatin manufacturing facility in China i.e. China Gelatin Ltd. This acquisition will be first overseas acquisition by the company.
The Initiative is in line with the Companys philosophy of focusing on the growth market globally.
The acquisition will enable the Company to tap new Growth Markets in Far East Asia including China. China is amongst major consumers of Gelatin Globally.
The transaction will be all cash deal and will be completed upon receipt of all necessary govt. approval / consents under applicable laws by each party.
-----------------------------
Syncom Formulations members approve payment of dividend
Syncom Formulations India Ltd has informed that the members at the 18th Annual General Meeting (AGM) of the Company held on September 25, 2006, inter alia, have approved for payment of dividend @ 15% (Rs 1.50 per share) on Equity Shares of Rs 10/- each.
----------------------------
-----------------------------
Syncom Formulations members approve payment of dividend
Syncom Formulations India Ltd has informed that the members at the 18th Annual General Meeting (AGM) of the Company held on September 25, 2006, inter alia, have approved for payment of dividend @ 15% (Rs 1.50 per share) on Equity Shares of Rs 10/- each.
----------------------------
No comments:
Post a Comment