Freshtrop Fruits members approve declaration of final dividend
Freshtrop Fruits Ltd has informed that the members at the 14th Annual General Meeting (AGM) of the Company held on September 29, 2006, inter alia, have accorded to the following:
1. Adoption of the Profit & Loss Account for the year ended March 31, 2006, the Balance Sheet as at that date and the reports of the Directors and Auditors thereon.
2. Declaration of final dividend of 20% on the paid up equity share capital of the Company.
3. Re-appointment of Mr. Ramchandra Joshi as a Director of the Company.
4. Re-appointment of M/s. Mayank Shah & Associates, Chartered Accountants, as Auditors of the Company upto the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.
5. Re-appointment of Mr. Ashok Motiani as Managing Director of the Company for a period of 5 years w.e.f. August 01, 2006, on remuneration, terms and conditions.
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Uniflex Cables Board Meeting updates
Uniflex Cables Ltd has informed that the Board of Directors of the Company at its meeting held on October 06, 2006, inter alia, has passed the following resolutions:
1. To offer, issue and allot the following Equity Shares, Fully Convertible Debentures and Equity Warrants, on a preferential basis, to the parties given below, in one or more tranches and on such terms and conditions as may be deemed appropriate by the Board or Committee thereof, subject to the approval of Shareholders:
a. Upto 5,33,000 fully paid-up Equity Shares of a face value of Rs 10 per share at a subscription price of Rs 25/- per equity share, inclusive of premium of Rs 15/- per share, aggregating to Rs 1,33,25,000/- to Promoter / Promoter Group/s (Promoters)
b. Upto 2,67,000 fully paid-up Equity Shares of a face value of Rs 10 per share at a subscription price of Rs 25/- per equity share, inclusive of premium f Rs 15/- per share, aggregating to Rs 66,75,000/- to Brescon Corporate Advisors Ltd (Brescon), Mumbai.
c. Upto 29,50,000 Fully Convertible Debentures of Rs 25/- each aggregating to Rs 7,37,50,000 to The ADM Maculus Fund II L P (Maculus II), an entity duly organized and existing under and by virtue of the laws of the Cayman Islands, having its registered office at Grand Cayman, Cayman Islands, a fund managed by Asia Debt Management Hong Kong Ltd, an asset advisor based in Hong Kong. The entire amount of Rs 7,37,50,000 will be converted compulsorily and automatically within a period not exceeding 18 months from the date of allotment, into 29,50,000, fully paid-up equity shares of Rs 10/- each of the Company at a conversion price of Rs 25/- per equity share. The FCDs would have a coupon rate of 12% p.a., payable yearly till conversion.
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Advani Hotels members approve re-appointment of Statutory Auditors
Advani Hotels & Resorts India Ltd has informed that the members at the 19th Annual General Meeting (AGM) of the Company held on September 26, 2006, inter alia, have accorded to the following:
1. Adoption of Audited Balance Sheet as at March 31, 2006, Profit & Loss Account for the year ended March 31, 2006 and the Reports of the Directors and Auditors thereon.
2. Re-appointment of Mr. K Kannan and Mr. Prakash V Mehta as Directors of the Company.
3. Re-appointment of M/s J G Verma & Co., Chartered Accountants as the Statutory Auditors of the Company from conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting.
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Lokesh Machines members sanction declaration of final dividend
Lokesh Machines Ltd has informed that the members at the 22nd Annual General Meeting (AGM) of the Company held on September 27, 2006, inter alia, have accorded to the following:
1. Adoption of the Audited Balance Sheet of the Company as at March 31, 2006, the Profit & Loss Account for the year ended on that date, and the Reports of the Auditors & Directors thereon.
2. Declaration of final dividend of 10% on the expanded equity share capital of the Company on Equity Shares of Rs 10/- each.
3. Re-appointment of Mr. B Kishore Babu & Mr. B R Mahesh, as Directors of the Company.
4. Appointment of M/s. Brahmayya & Co., Chartered Accountants, as Auditors of the Company from the conclusion of this Meeting to the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.
5. Appointment of Dr. Y Satyanarayana, Mr. R Mohan Reddy & Mr. Y Venkata Rao, as Directors of the Company.
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Jayant Agro members approve re-appointment of Directors
Jayant Agro Organics Ltd has informed that the members at the 14th Annual General Meeting (AGM) of the Company held on September 26, 2006, inter alia, have also accorded to the following:
1. Adoption of audited Balance Sheet as at March 31, 2006 and the Profit and Loss Account for the year ended March 31, 2006 and the Directors Report and the Auditors Reports thereon.
2. Re-appointment of Mr. Hemant V Udeshi & Mr. Gordhandas H Mulani as Directors of the Company.
3. Re-appointment of M/s. Ostwal Desai & Kothari, Chartered Accountants as Statutory Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms and conditions.
4. Appointment of Mr. Vijay Kumar Bhandari, Mr. Mukesh C Khagram & Mr. Deepak V Bhimani as Directors of the Company, liable to retire by rotation.
5. Re-appointment of Mr. Hemant V Udeshi as Managing Director of the Company for a period of 5 years commencing from July 01, 2006 on remuneration, terms and conditions.
6. Payment of remuneration to Non Executive Directors of the Company by way of commission for a period of 5 years from the financial year ending March 31, 2006 as determined in accordance with provisions of Sections 198, 349 and 350, on terms & conditions.
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NIIT Technologies allots shares under ESOP
NIIT Technologies Ltd has informed that the Share allotment Committee of the Board of Directors of the Company on October 06, 2006 has allotted 1,000 equity shares of Rs 10/- each to 4 employees of the Company in accordance with the terms of ESOP 2005.
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Jammu & Kashmir Board to consider Q2 results
Jammu & Kashmir Bank Ltd has informed that a meeting of the Board of Directors of the Bank will be held on October 13, 2006, inter-alia, to consider and approve the Un-audited Financial Results for the quarter & half year ended September 30, 2006 (Q2).
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Shrenuj & Company members sanction declaration of dividend
Shrenuj & Company Ltd has informed that the members at the 24th Annual General Meeting (AGM) of the Company held on September 15, 2006, inter alia, have accorded to the following:
1. Adoption of the Audited Balance Sheet as at March 31, 2006 and the Profit & Loss Account for the year ended on that date together with the Directors and Auditors Reports thereon.
2. Declaration of dividend @ 35% i.e. Re 0.70 (Paise Seventy only) per share on equity shares of Rs 2/- each fully paid up for the year ended March 31, 2006.
3. Re-appointment of Shri. Suresh N Talwar & Shri. Pinakin D Desai as Directors of the Company.
4. Appointment of M/s. Rajendra & Co., Chartered Accountants, Mumbai, as Auditors of the Company for the financial year commencing on April 01, 2006 to hold office as such from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.
5. Payment of remuneration to Shri. Nihar Nitin Parikh, Executive Director of the Company from April 01, 2006 to March 31, 2009, on terms & conditions.
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Geodesic Information allots Equity Shares
Geodesic Information Systems Ltd has informed that the Board of Directors of the Company at its meeting held on October 06, 2006, has discussed and decided on the following:
Allotted 15,175 Equity Shares of Rs.2/- each, upon exercise of 15,175 options by Optionees under the Geodesic Employee Stock Option Plan 2002 granted in 2004 and 2005. Consequently, with effect from October 06, 2006, the issued, subscribed and paid-up Equity Share Capital of the Company stands increased to Rs 11,74,30,022/- divided into 5,87,15,011 Equity Shares of Rs. 2/- each.
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Century Textiles Board to consider Q2 results
Century Textiles & Industries Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 27, 2006, to consider and take on record the Unaudited Financial Results of the Company for the Second Quarter (July to September) ended September 30, 2006 (Q2).
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IT People members approve re-appointment Ketan Sheth as Director
IT People India Ltd has informed that the members at the 6th Annual General Meeting (AGM) of the Company held on September 27, 2006, inter alia, have unanimously passed the following resolutions:
1. Adoption of audited Balance Sheet as on March 31, 2006, Profit and Loss Account for the year ended on that date and Auditors arid Directors reports thereon.
2. Re-appointment Mr. Ketan Sheth as a Director of the Company.
3. Re-appointment of M/s. Gadgil & Co., Chartered Accountants, Mumbai, as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company.
4. Appointment of Mr. Adi Cooper, Mr. Kishor Hegde & Mr. H R Shah as Directors of the Company, liable to retire rotation.
6. Authorises the Board of Directors to borrow from time to time any sum or sums of money not exceeding at any time the sum of Rs 100.00 crores.
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Aro Granite Board to consider issue of Convertible Warrants
Aro Granite Industries Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 14, 2006, inter alia, to consider & take on record the Unaudited (Provisional) Financial Results for the quarter ended September 30, 2006 and consider issue of Convertible Warrants on preferential basis.
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Pearl Global - Honourable HC, Delhi sanctions Scheme of Merger
Pearl Global Ltd has informed that on October 06, 2006, the Honourable High Court (HC) of Delhi has approved the Scheme of Amalgamation at Pearl Styles Ltd and City Estates Pvt Ltd with the Company. The appointed date for the Scheme of Amalgamation is April 01, 2005.
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IDFC allots equity shares under ESOS
Infrastructure Development Finance Company Ltd (IDFC) has informed that on October 06, 2006 the Company has allotted 77,573 fully paid up equity shares of Rs 10/- each to eligible employees of the Company in terms of the Employee Stock Option Scheme (ESOS).
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Sanra Software postpones EGM
Sanra Software Ltd has informed that an Extra Ordinary General Meeting (EGM) of the members of the Company that was to be held on October 06, 2006 is adjourned due to want of further information and the Board shall meet and decide the date accordingly.
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Suraj Products members approve re-appointment of Directors
Suraj Products Ltd has informed that the members at the 15th Annual General Meeting (AGM) of the Company held on September 30, 2006, inter alia, have accorded to the following:
1. Adoption of the audited accounts of the company for the year ended on March 31, 2006 along with Auditors Report and Directors Report thereon.
2. Re-appointment of Mr S N Kabra, Mr. R P Agarwal, Mr. D K Agarwala & Mr. Gagan Goyal, as Directors of the company, liable to retire by rotation.
3. Re-appointment of M/s Rustagi & Company, Chartered Accountants, Kolkata, as auditor of the company to hold office from this Annual General Meeting to next Annual General Meeting on remuneration, terms and conditions.
4. Re-designation of Mr. Y K Dalmia, Managing Director as Chairman of the company, on terms and conditions.
5. Appointment of Mr. Gagan Goyal, as Executive Director for a period of five years, with effect from August 01, 2006 on remuneration, terms and conditions.
6. Alteration in the Object Clause of the Memorandum of Association of the Company by inserting the new sub-clauses after the existing sub-clause 3 of Clause III A of the Memorandum of Association.
7. Authority to the Board to borrow any moneys from time to time, on such terms and conditions and with or without security, as the Board of Directors may in its sole discretion thinks fit, notwithstanding that the money or monies to be borrowed together with the monies already borrowed by the Company (apart from temporary loan obtained from the Company�s bankers in the ordinary course of business) may exceed the aggregate of paid up share capital and free reserves of the Company, i.e. reserves not set apart for any specific purpose, provided however that the total borrowings at any time including monies already borrowed shall not exceed the sum of Rs 100 Crores subject to necessary provisions and approvals.
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Lakshmi Overseas nominates Additional Director
Lakshmi Overseas Industries Ltd has informed that Maj. Gen. A L Suri AVSM (Retd.) has been appointed as Additional Director of the Company in the Board Meeting held on October 04, 2006. He brings with him rich experience and will be involved in the implementation of power project of the Company.
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iGate Global allots Equity shares on exercise of stock options
iGate Global Solutions Ltd has informed that the Share Transfer Committee of the Board of Directors of the Company at its meeting held on October 06, 2006, has allotted 49802 Equity shares of par value of Rs 4/- per share to the individual optionees pursuant to the exercise of options granted under the Companies Employees Stock Option Plan, on receipt of payment of the subscription monies in respect of the said shares aggregating to Rs 5038250.00.
The grant price for 47927 shares was at Rs 100.00, 125 shares at Rs 101.70 and 1750 shares at Rs. 133.05.
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Suryajyoti Spinning members approve declaration of Dividend
Suryajyoti Spinning Mills Ltd has informed that the members at the 23rd Annual General Meeting (AGM) of the Company held on September 29, 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 & Loss Account of the Company for the financial year ended on that date together with the Schedules and Notes, Cash Flow Statement attached thereto along with the reports thereon.
2. Declaration of Dividend of Re 1.00 on the Equity Share Capital of Rs 10/- each fully paid-up for the year ended March 31, 2006.
3. Re-appointment of Sri. Sanjeev Mitla as Director of the Company, liable to retire by rotation.
4. Re-appointment of M/s. Brahmayya & Co., Chartered Accountants as Auditors of the Company to hold office from the conclusion of this Annual General Meeting of the Company until the Conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.
5. Appointment of Sri. K Harishchandra Prasad as Director of the Company, liable to retire by rotation.
6. Appointment of Sri. Arun Kumar Agarwal, Executive Director for a period of 5 years with effect from August 16, 2006, on remuneration, terms & conditions.
7. Revision in the remuneration to Sri. R K Agarwal, Managing Director for the remaining period of the term of his employment i.e. from August 01, 2006 to July 31, 2008, on terms & conditions.
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ABG Heavy members approve payment of dividend
ABG Heavy Industries Ltd has informed that the members at the 22nd Annual General Meeting (AGM) of the Company held on September 30, 2006, inter alia, have accorded to the following resolutions:
1. Considered and approved the Audited Balance Sheet as at March 31, 2006 the Profit and Loss Account for the year ended as on that date together with Reports of the Board of Directors and Auditors thereon.
2. Approved the payment of dividend @ Rs 2.50 per Equity Share of Rs 10/- each.
3. Re-appointment of Mr. Kamlesh Agarwal and Mr. R G Govindrajpuram, as Directors of the Company.
4. Re-appointment of M/s. M M Chaturvedi & Co., Chartered Accountants, Mumbai, as the Auditors of the Company, to hold the office upto the conclusion of the next Annual General Meeting of the Company, on remuneration, terms and conditions.
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Tata Chemicals to hold Board Meeting on Oct 30
Tata Chemicals Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 30, 2006, inter alia, to consider and take on record the unaudited financial results for the second quarter (Q2) / half year ended September 30, 2006.
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National Fertilizers Board to consider Q2 results
National Fertilizers Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 18, 2006, inter alia, for consideration and taking on record the un-audited financial results for the quarter ended September 30, 2006 (Q2).
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Rajasthan Tube Manufacturing members sanction re-appointment of Sunil Kumar Jain as Director
Rajasthan Tube Manufacturing Company Ltd has informed that the members at the 20th Annual General Meeting (AGM) of the Company held on September 30, 2006, inter alia, have accorded to the following:
1. Adoption of the Audited Profit & Loss Account for the year ended March 31, 2006 and the Balance Sheet as at that date, and the Report of the Directors and the Auditors thereon.
2. Re-appointment of Shri. Sunil Kumar Jain as a Director of the Company.
3. Re-appointment of M/s. Pramod & Associates, Chartered Accountants as the Auditors of the Company to hold office from the conclusion of this Meeting to the conclusion of the next Annual General Meeting of the Company on remuneration, terms & conditions.
4. Authority to the Board to create, offer and issue to the holders of equity shares of the Company 30,00,000 equity shares of the Company of the face value of Rs 10/- each at a price determined in accordance with SEBI Guidelines, as amended from time to time for subscription for cash, in one or more tranches and at such premium/s per share and in such ratio as may be fixed and determined by the Board prior to the issue on such other terms and conditions, if any, in respect of such issue, to such extent as may be, then permissible, and at such time or times as the Board at its absolute discretion and in the best interest of the Company my deem fit, subject to necessary provisions & approvals.
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Gontermann Peipers members approve adoption of Directors Report
Gontermann Peipers India Ltd has informed that the members at the 37th Annual General Meeting (AGM) of the Company held on September 27, 2006, inter alia, have accorded to the following:
1. Adoption of the Audited Balance Sheet as at March 31, 2006 and the Profit & Loss Account of the Company for the year ended on that date together with Reports of the Directors and Auditors thereon.
2. Re-appointment of Mr V K Mittal and Mr M Trivedi, as Directors of the Company.
3. Re-appointment of M/s V Malik and Associates, Chartered Accountants, as Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms and conditions.
4. Appointment of Mr S K Pal, as Director of the Company, liable to retire by rotation.
5. Appointment of Mr S K Pal, as an Executive Director of the Company, liable to retire by rotation, for a period of five years with effect from August 01, 2006, on remuneration, terms and conditions.
6. Reduction in the Paid-up Preference Share Capital of the Company from Rs 7,46,07,000 to Rs 1,31,87,000 consequent upon conversion of Cumulative Optionally Convertible Redeemable Preference Shares (COCRPS) aggregating to Rs 6,14,20,000 consisting of 6%, 43,82,000 COCRPS of Rs 10/- each fully paid up and 0.1% 17,60,000 COCRPS of Rs 10/- each fully paid up privately placed / allotted to IFCI Ltd info Term Loan with effect from March 31, 2006, subject to necessary provisions & approvals.
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Hotline Teletube members sanction appointment of Anuj Gupta as Director
Hotline Teletube & Components Ltd has informed that the members at the Annual General Meeting (AGM) of the Company held on September 30, 2006, inter alia, have accorded to the following:
1. Adoption of the Audited Annual Accounts as on March 31, 2006, together with Auditors Report thereon.
2. Re-appointment of Mr. D C Mathur & Mr. Amrajit Chopra as Directors of the Company.
3. Re-appointment of M/s S S Kothari Mehta & Co., Chartered Accountants, New Delhi as the Auditors of the Company to hold office till the conclusion of the next Annual General Meeting of the Company.
4. Appointment of Mr. Anuj Gupta as Director of the Company, liable to retire by rotation.
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