NSE Notices 29 September, 2008

Latest NSE announcements and notices from stockinvest.in

Nagarjuna Construction Co.

Nagarjuna Construction Co. Ltd has informed the Exchange that the M/s. AVSR Holdings Private Limited an Investment Company belonging to the Promoters Group has acquired during the period September 19, 2008 to September 26 2008. 5,09,743 Equity Shares of Rs.2/- each of the Company in the aggregate (Equivalent to 0.22% of the Paid-up Capital) through purchases from the Market. With the aforesaid acquisition, the holding of the Promoters group in the Company has gone up to 23.29% of the total equity of the Company.

Source: NSE Date:Date: 09-29-2008

Abhishek Corporation

Abhishek Corporation Limited has informed the Exchange that “The Board of Directors of the Company at its meeting held on September 27, 2008, inter alia, has considered and approved: (1) Reappointment of Mrs. Anjali A Mohite as a Associate Vice President (AVP). (2) Raising of funds by way of deposits without inviting from Public under section 58A of the Companies Act, 1956 read with Companies (Acceptance of Deposits) Rules, 1975 as amended and further approved the Statement in lieu of Advertisement”.

Source: NSE :Date: 09-29-2008

State Trading Corporation of India

The State Trading Corporation Of India Limited has informed the Exchange that the corporation held its Board Meeting on September 23, 2008 and the agenda was general in nature. Further, the corporation has also held its Annual General Meeting on September 23, 2008 and shareholders have approved dividend @ 30% as already recommended by the Board in its meeting held on July 30, 2008.

Source: NSE Date:09-29-2008

Radha Madhav Corporation

Radha Madhav Corporation Limited has submitted to the Exchange a copy of the notice of the Extraordinary General Meeting to be held on October 11, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date:09-29-2008

Blue Bird (India)

Blue Bird (India) Limited has informed the Exchange regarding the outcome of Annual General Meeting of the Company held on September 26, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-29-2008

GMR Infrastructure

Gmr Infrastructure Limited has informed the Exchange that Investment Information and Credit Rating Agency of India (ICRA) has assigned an LBBB (SO) rating to the Rs.4.25 billion Non Convertible Debenture (NCD) programme of GMR Energy Limited (GEL), a subsidiary of the Company. ICRA is going to upload the rating in their website. In this connection, the Board of Directors of GEL had noted the rating. Further, the Company has submitted to the Exchange a copy of the press release, titled “ICRA assigns the LBBB (SO) ratings on NCD programme and revises the ratings assigned to the bank lines of GMR Energy Limited”. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)

Source: NSE Date: 09-29-2008

ICICI Bank

Members of the Exchange are hereby informed that 21942 partly paid up equity shares of ICICI Bank Ltd. has become fully paid up on receipt of balance call money. In view of the above, trading in above fully paid up shares shall be available for trading under the ISIN No. - INE090A01013 w.e.f. October 01, 2008.

Source: NSE Date: 09-29-2008

Shree Cements

Shree Cements Ltd has informed the Exchange that: “Company has commissioned its 18 MW Turbine Generator Set (TG - VII) on 27.9.08. The TG Set has been setup at Bangur City, Ras, District Pali, Rajasthan”.

Source: NSE Date: 09-29-2008

Patni Computer Systems

SPA Merchant Bankers Limited has informed the Exchange that pursuant to Regulation 15(i) of SEBI (Buyback of Securities) Regulations, 1998 the Company has bought back 8,763,507 Equity Shares on Stock Exchanges from July 10, 2008 to September 25, 2008 for an aggregate consideration of Rs.1975.03 Million, being 83.33% of the total Buy Back Size of Rs. 2370 Million. Further, SPA Merchant Bankers Limited has submitted to the Exchange a copy of the public notice dated September 26, 2008 to that effect published in the news papers dated September 27, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-29-2008

Shipping Corporation of India

Shipping Corporation Of India Ltd. has informed the Exchange that at the Annual General Meeting of SCI held on September 29, 2008 the following proposal was approved by the shareholders: “Issuance of 1 bonus equity share having nominal value of Rs.10/- each, for every 2 equity shares held by the shareholders.” In this regard, the record date for bonus shares has been fixed as October 31, 2008.

Source: NSE Date: 09-29-2008

Finolex Industries

Finolex Industries Ltd. has informed the Exchange that Mr. S.S.Marathe, the non-executive independent director of the Company has ceased to be the director of the Company due to his sad demise on September 28, 2008..

Source: NSE Date: 09-29-2008

ICICI Bank

ICICI Ltd has informed the Exchange regarding a press release dated September 29, 2008, titled “ICICI Bank Limited clarifies that 98% of ICICI Bank UK PLC’s non-India investment book is rated investment grade and above”. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date:09-29-2008

Melstar Infotech

Melstar Information Technologies Ltd. has informed the Exchange regarding the outcome of Annual General Meeting of the Company held on September 29, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-29-2008

Sasken Communication Technologies

Sasken Communication Technologies Limited has informed the Exchange that: “Pursuant to the buy back of shares as of September 26, 2008, we have purchased 410,000 equity shares and the amount utilized for buy back, was Rs.5.28 crores”. Further, the Company has published a Public Notice in the News papers. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-29-2008

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BSE Notices 29 September, 2008

Latest BSE announcements and notices from stockinvest.in


Orissa Sponge Iron

Orissa Sponge Iron & Steel Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 26, 2008.

Source: BSE Date: 09-29-2008

Shipping Corporation of India

Shipping Corporation of India Ltd has informed BSE that the members at the 58th Annual General Meeting (AGM) of the Company held on September 29, 2008, the following proposal was approved by the shareholders: “Issuance of 1 bonus equity share having nominal value of Rs 10/- each, for every 2 equity shares held by the shareholders.”

Source: BSE Date: 09-29-2008

ICICI Bank

ICICI Bank Ltd has informed BSE regarding a Press Release dated September 29, 208 titled “ICICI Bank Ltd clarifies that 98% of ICICI Bank PLC’s non-India investment book is rated investment grade and above”.

Source: BSE Date: 09-29-2008

Abhishek Corporation

Abhishek Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 27, 2008, inter alia, has considered and approved the following: 1. Re-appointment of Mrs. Anjali A Mohite as a Associate Vice President (AVP). 2. Raising of Funds by way of deposits without inviting from Public under section 58A of the Companies Act, 1956 read with Companies (Acceptance of Deposits) Rules, 1975 as amended and further approved the Statement in lieu of Advertisement.

Source: BSE Date: 09-29-2008

Bartronics India

Bartronics India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 29, 2008, inter alia, has approved the following: 1. Allotment of 6,16,768 Equity Shares on conversion of 20 foreign Currency Convertible Bonds. 2. Appointment of Shri Panchapekesan and Shri. Maldar Mohammad Yesaw, as an Additional Directors (Independent Directors) on Board of the Company. 3. Acceptance of Letter, received form IDBI withdrawing the nomination of Shri. K N Dupare form directorship of the Company.

Source: BSE Date: 09-29-2008

Finolex Industries

Finolex Industries Ltd has informed BSE that Mr. S S Marathe, the non-executive independent director of the Company has ceased to be the director of the Company due to his sad demise on September 28, 2008.

Source: BSE Date: 09-29-2008

Nectar Lifesciences

Nectar Lifesciences Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 29, 2008.

Source: BSE Date: 09-29-2008

Gangadharan Appliances

Gangadharam Appliances Ltd has informed BSE about the Unaudited financial results for the Quarter ended June 30, 2008.

Source: BSE Date: 09-29-2008

Pace Textiles

Pace Textiles Ltd has informed BSE that the members at the 32nd Annual General Meeting (AGM) of the Company held on September 26, 2008, inter alia, have approved the following Business: 1. Adoption of the Directors’ Report and Audited Statement of Accounts for the year ended March 31, 2008. 2. Re-appointment of Mr. Vinay B Poddar & Mr. Vinod J Bansal as Directors of the Company. 3. Members have re-appointed M/s. Jain Anil & Associates, Chartered Accountants, Mumbai as the Auditors of the Company who shall hold the office upto the next Annual General Meeting.

Source: BSE Date: 09-29-2008

DB (International) Stock Brokers

DB International Stock Brokers Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 29, 2008.

Source: BSE Date: 09-29-2008

Manaksia

Manaksia Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 29, 2008.

Source: BSE Date: 09-29-2008

Hindustan Construction Company

Hindustan Construction Company Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 24, 2008, inter alia, to consider and approve the Unaudited Financial Results of the Company for the quarter and half year ending September 30, 2008 (Q2).

Source: BSE Date: 09-29-2008

S Kumars Nationwide

S.Kumars Nationwide Ltd has informed BSE that the 18th Annual General Meeting (AGM) of the Company was held on September 26, 2008.

Source: BSE Date: 09-29-2008

Melstar Infotech

Melstar Information Technologies Ltd has informed BSE that the Annual General Meeting (AGM) of the Company WAS held on September 29, 2008.

Source: BSE Date: 09-29-2008

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SEBI Circulars 29 September, 2008

Latest SEBI circulars, notices and announcements from stockinvest.in

PR No.193/2008

Order against New Age Shares and Stock Brokers Pvt. Ltd., Universal Media Network Ltd., Shri Sanjeev Bansal, Shri Ashok Agarwal and Shri Pramod Jain in the matter of SRG Infotech Ltd. Dr. T.C.Nair, Whole Time Member, SEBI, has passed an order dated September 23, 2008 against New Age Shares and Stock Brokers Pvt. Ltd. [NASSB]; Universal Media Network Ltd. [UMNL]; Shri Sanjeev Bansal & Shri Pramod Jain, Directors of UMNL; and Shri Ashok Agarwal, Director of NASSB, in the matter of SRG Infotech Ltd. It was observed that NASSB, UMNL alongwith its directors Shri Sanjeev Bansal and Shri Pramod Jain had indulged in acts intended to create false or misleading appearance of trading in the shares of SRG Infotech Ltd. NASSB and UMNL have been directed not to access the capital market and deal in securities for a period of six months from the date of passing of the order. Shri Sanjeev Bansal and Shri Pramod Jain have been directed not to deal in securities for a period of one year and six months, respectively, from the date of passing of the order. Shri Ashok Agarwal was not a director of NASSB during the relevant period of occurrence of price manipulation in the scrip, hence no direction has been issued against him. The order comes into force with immediate effect. The full text of the order is available on the website: www.sebi.gov.in Mumbai September 25, 2008

Source: SEBI Date: 2008-09-29


PR No.192/2008

Consent Order in the matter of MSK Projects (India) Limited A Panel consisting of Dr. T. C. Nair, Whole Time Member, SEBI and Shri M. S. Sahoo, Whole Time Member, SEBI has passed a consent order dated September 22, 2008 on the application submitted by MSK Projects (India) Limited for non compliance of Regulation 8(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, for the year 2005, in accordance with SEBI Circular on consent orders dated April 20, 2007. The applicants have remitted a sum of Rs.50,000/- (Rupees fifty thousand only) towards settlement charges, in the matter. The full text of the order is available on the website: www.sebi.gov.in Mumbai September 24, 2008

Source: SEBI Date: 2008-09-29


PR No.190/2008

Order against Mrs. Ashadevi Beriwala in the matter of Jagsonpal Pharmaceuticals Ltd. Dr. T.C.Nair, Whole Time Member, SEBI, has passed an order dated September 23, 2008 restraining Mrs. Ashadevi Beriwala from buying, selling or dealing with securities for a period of one month. It was observed that Mrs. Ashadevi Beriwala had artificially created a market in the shares of Jagsonpal. She had misused the stock exchange mechanism to tide over the financial commitments of the Tropical / CFL group by executing, financing transactions through the stock exchange making it to appear as genuine trade transactions and thus created artificial volume in the scrip, thereby violating SEBI Regulations. The order comes into force with immediate effect. The full text of the order is available on the website: www.sebi.gov.in Mumbai September 24, 2008

Source: SEBI Date: 2008-09-29


PR No.191/2008

Order against Shri Jignesh Kantilal Shah in the matter of M/s. Priyans Saree Industries Ltd. Dr. T.C.Nair, Whole Time Member, SEBI, has passed an order dated September 22, 2008 restraining Shri Jignesh Kantilal Shah from accessing the securities market and also prohibiting him from buying, selling or otherwise dealing or associating with the securities market for a period of one month for violating SEBI Regulations. The order comes into force with immediate effect. The full text of the order is available on the website: www.sebi.gov.in Mumbai September 24, 2008
Source: SEBI Date: 2008-09-29

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BSE notices 26 September, 2008

Latest BSE announcements and notices from stockinvest.in

Avery India

Avery India Ltd has informed BSE that the Company has received a letter dated September 25, 2008 from ITW Global Investments Inc, stating as follows : 1. The shareholders of A V Co 1 Ltd, the parent promoter of Avery Weigh-Tronix International Ltd and AV Acquisition Co 3 Ltd, the promoter Companies of Avery India Ltd (”the Company”), holding approximately 58.28% of paid up capital of the Company had entered into an Agreement with “ITW Global Investments Inc” and others (”Purchaser”) relating to the sale of all the capital stock and other options and equity interests of any kind in A V Co 1 to the Purchaser on August 26, 2008. 2. The closing of the above transaction was subject to certain conditions precedents which have been completed on September 25, 2008. Accordingly,, the above acquisition has been consummated as on that date. 3. Pursuant to the above acquisition, there has been a change in control of A V Co 1 Ltd, resulting into an indirect acquisition of the Company by the Purchaser. 4. Accordingly, the Purchaser will make an pubic announcement and an open offer to public shareholders as per SEBI (Acquisition of Shares & Takeovers) Regulations, 1997.

Source: BSE Date: 09-26-2008

Igarashi Motors

Igarashi Motors India Ltd has informed BSE that the 16th Annual General Meeting (AGM) of the Company was held on September 26, 2008.

Source: BSE Date: 09-26-2008

Syncom Formulations

Syncom Formulations India Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 26, 2008.

Source: BSE Date: 09-26-2008

Southern Petrochemical Industries Corporation

With reference to the news item appearing in a leading financial daily titled “RIL eyes fertiliser foray with Spic buy”, Southern Petrochemicals Ltd has clarified to BSE that the Company deny the contents of the said report regarding negotiation with Reliance for sale of the Company’s fertilizer unit.

Source: BSE Date: 09-26-2008

Kaushalya Infrastructure Development Corporation

Kaushalya Infrastructure Development Corporation Ltd has informed BSE that the 16th Annual General Meeting (AGM) of the Company was held on September 26, 2008.

Source: BSE Date: 09-26-2008

Syschem India

Syschem India Ltd has informed BSE that E-mail ID of Grievance Redressal Division is syschem@yahoo.co.in

Source: BSE Date: 09-26-2008

IBN18 Broadcast

IBN18 Broadcast Ltd has informed BSE that the Scheme of Arrangement between ibnl8 Broadcast Ltd, Jagran TV Pvt. Ltd and BK Fincap Pvt. Ltd has been approved by the Hon”ble High Court of Delhi at the hearing held on September 15, 2008 and by the Hon”ble High Court of Allahabad at the hearing held on September 22, 2008. Further the Company has informed that, the Hon”ble High Court of Delhi has also approved the reduction in the Securities Premium Account of the Company as envisaged in the Scheme of Arrangement by an order passed on September 15, 2008.

Source: BSE Date: 09-26-2008

Resonance Specialities

Armour Polymers Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 29, 2008, inter alia, to avail credit facilities from ICICI.

Source: BSE Date: 09-26-2008

VBC Finance and Leasing

VBC Finance & Leasing Ltd has informed BSE that the 22nd Annual General Meeting (AGM) of the Company was held on September 26, 2008.

Source: BSE Date: 09-26-2008

Residency Housing Finance Ltd

Residency Housing Finance Ltd has informed BSE that the given below are the details of the email id designated exclusively for grievance redressal division / compliance officer: investorcare.rpil@ranka.com

Source: BSE Date: 09-26-2008

Gulshan Polyols

Gulshan Polyols Ltd has informed BSE that that Hon’ble High Court Uttar Pradesh at Allahabad have approved the Scheme of Amalgamation involving Amalgamation of Gulshan Sugars & Chemical Ltd with the Company vide Order dated September 26, 2008.

Source: BSE Date: 09-26-2008

Gulshan Sugars and Chemicals

Gulshan Sugars & Chemicals Ltd has informed BSE that Hon’ble High Court Uttar Pradesh at Allahabad have approved the Scheme of Amalgamation involving Amalgamation of the Company with Gulshan Polyols Ltd vide Order dated September 26, 2008.

Source: BSE Date: 09-26-2008

Bharat Heavy Electricals

Bharat Heavy Electricals Ltd (BHEL) has informed BSE that Ministry of Heavy Industries and Public Enterprises, Department of Heavy Industry, vide its letter dated September 09, 2008 has withdrawn the nomination of Shri. B S Meena, Additional Secretary and Financial Advisor, Ministry of Steel, as Director on the Board of BHEL. As such, Shri. B S Meena has ceased to be Director on the Board of BHEL w.e.f. September 09, 2008. Ministry of Heavy Industries and Public Enterprises, Department of Heavy Industry, vide its letter dated September 01, 2008 extended the additional charge of the post of CMD, BHEL to Shri. K Ravikumar, Director (Power) in addition to his existing charge, for a further period till June 30, 2009 i.e., the date of his superannuation, or until further orders, whichever is earlier.

Source: BSE Date: 09-26-2008

Rohit Pulp and Paper Mills

Rohit Pulp & Paper Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 24, 2008, has transacted the following business: 1. Approval to the change of name of the Company from “Rohit Pulp & Paper Mills Ltd” to “CITADEL REALTY AND DEVELOPERS LTD” subject to the approval of members at an Extra-Ordinary General Meeting and the Central Government pursuant to Sections 21 and 22 of the Companies Act, 1956. The Registrar of Companies, Maharashtra, Mumbai has approved the availability of the said name. 2. Approval to convene an Extra Ordinary General Meeting of the Company on October 20, 2008 for obtaining consent of members to the said change of name. 3. Took note of the inclusion of new clauses 1, 2 and 3 relating to Real Estate business in Clause III(A) of the Main Objects of the Memorandum of Association of the Company and the adoption of new set of Articles of Association, as approved by the members through postal Ballot on August 25, 2008.

Source: BSE Date: 09-26-2008

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NSE Notices 26 September, 2008

Latest NSE announcement and Notices from stockinvest.in

Adani Enterprises

Adani Enterprises Limited has informed the Exchange regarding the outcome of Annual General Meeting of the Company held on September 26, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)

Source: NSE Date:Date: 09-26-2008

Arihant Foundations and Housing

Arihant Foundations & Housing Ltd has informed the Exchange that at the meeting of the Board of Directors held on September 26, 2008, the Board has approved the resignation tendered by two Directors namely, 1. Sri. Jagdish R Bhatt, Whole time Director 2. Sri. Alex Jacob, Non Executive Director. After the approval of the resignation tendered by the aforesaid Directors, the composition of the Board of the Company is as per the attached annexure. A copy of the annexure shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-26-2008

BPL

BPL Limited has informed the Exchange regarding a press release dated September 26, 2008, titled “Deutsche Bank to take equity stake in BPL”. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-26-2008

Reliance Power

Reliance Power Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on September 23, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE :Date: 09-26-2008

Harrisons Malyalam

Harrisons Malayalam Ltd has informed the Exchange that Mr. Ajit Singh Chouhan has been appointed as Director of the Company with effect from September 23, 2008.

Source: NSE Date:09-26-2008

Sterlite Technologies

Sterlite Technologies Limited has informed the Exchange regarding a press release dated September 26, 2008, titled “Sterlite Technologies receives new contracts from PGCIL for Rs 254 Crores”. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date:09-26-2008

Igarashi Motors

Igarashi Motors India Limited has informed the Exchange regarding the Outcome of the Annual General Meeting held on September 26, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)..

Source: NSE Date: 09-26-2008

Gati

Gati Limited has informed the Exchange that the Annual General Meeting of the Company will be held on October 22, 2008. Further the Company has informed the Exchange that the Share Transfer books and Register of Members of the Company will be closed from October 18, 2008 to October 22, 2008 (both days inclusive) for payment of dividend of 40 % as recommended by the Board of Directors at their meeting held on August 1, 2008 subject to the approval of shareholders at the aforesaid Meeting.

Source: NSE Date: 09-26-2008

Gillette India

Gillette India Limited has informed the Exchange that the Annual General Meeting of the Company will be held on October 22, 2008.

Source: NSE Date: 09-26-2008

AMD Industries

Amd Industries Limited has submitted to the Exchange a copy of the Proceedings of the Annual General Meeting of the members of the Company held on September 26, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-26-2008

Unitech

Unitech Ltd had submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on September 3, 2008. The Company has now informed the Exchange that the Resolution under Item No. 12 of the proceedings of the minutes was a Special Resolution but advertently it is written in the proposed by and seconded by portion of the Minutes as Ordinary Resolution. Please read the same as Special Resolution instead of Ordinary Resolution. Further the company has submitted a copy of the revised page no. 4 of the proceedings of the Minutes. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-26-2008

Gateway Distriparks

Gateway Distriparks Limited has informed the Exchange vide its letter dated September 25, 2008 regarding Reconciliation of Share Capital of the company, (pre and post extinguishment). The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-26-2008

BPL

BPL Limited has informed the Exchange that a Meeting of the Board of directors of the Company was held on September 26, 2008 and the Directors have approved: 1. Preferential issue of 24,25,500 equity shares and/or instruments convertible into equity shares at a later date to Deutsche Bank AG and/or their Affiliates, subject to the approval of shareholders and 2. Issue of securities on Qualified Institutional Placement (QIP) basis, subject to the approval of shareholders. The Board has further authorised the increase of authorised share capital and holding an Extra Ordinary General Meeting of the Company, to seek member’s approval for the above proposals.

Source: NSE Date: 09-26-2008

Yes Bank

Yes Bank Limited has informed the Exchange that the Bank has received intimation from Mr. Ajay Mahajan, an employee of the bank, pertaining to change in his shareholding in the Bank, as under: Name: Ajay Mahajan; Number of Shares Held (Pre-Change)- 16,00,000; Number of Shares Held (Post-Change) - 13,88,000; Change in Shareholding - Sold 212,000 shares; Date of Change (Buy/Sale) : September 16 - September 22, 2008 ; Date of Intimation September 22, 2008.

Source: NSE Date:09-26-2008

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Board Meetings

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Company Name Date Agenda

Heritage Foods 26-Sep-2008 To incorporate a WoS

Ganesh Benzo 26-Sep-2008 Quarterly Results

BDH Industries 26-Sep-2008 General

BPL 26-Sep-2008 To consider issue of Securities

Rapicut Carbide 26-Sep-2008 Others

Synergy Log-In 26-Sep-2008 Audited & Quarterly Results

Dhanlaxmi Fabri 26-Sep-2008 To consider allotment of shares

Standard Ind 26-Sep-2008 Interim Dividend & Others

In House Prod 26-Sep-2008 To shift of Registered Office

Selan Explore 26-Sep-2008 Interim Dividend

DS Kulkarni 27-Sep-2008 To approve Fixed Deposit Scheme

Muller and Phip 27-Sep-2008 Audited Results

PCS 27-Sep-2008 Audited Results

Sylph Tech 27-Sep-2008 To consider de-listing of equity shares

Suzlon Energy 27-Sep-2008 Right Issue of Equity Shares

XL Telecom 27-Sep-2008 Audited Results & Dividend

Priyadarshini 27-Sep-2008 Others

Abhishek Corp 27-Sep-2008 To consider Raising of funds

Vatsa Music 27-Sep-2008 Audited Results

LN Polyesters 28-Sep-2008 Audited & Quarterly Results

Raunaq Auto 29-Sep-2008 Others

Guj Amb Exports 29-Sep-2008 To call an AGM

GP Electronics 29-Sep-2008 To appoint Independent Director

Northeast Sec 29-Sep-2008 Amalgamation

Jalpac India 29-Sep-2008 Audited Results

Steelco Gujarat 29-Sep-2008 Others

Sarda Papers 29-Sep-2008 Audited Results

Technocraft Ind 29-Sep-2008 Audited Results & Dividend

Dhunseri Tea 30-Sep-2008 Audited Results & Dividend

Hind Industries 30-Sep-2008 Interim Dividend

Venus Sugar 30-Sep-2008 Audited Results

Pfizer 30-Sep-2008 Quarterly Results

Amar Remedies 30-Sep-2008 Audited Results

Aftek 30-Sep-2008 Audited Results, Dividend & Others

Symphony ConfSy 30-Sep-2008 Audited Results

Media Video 30-Sep-2008 Audited Results

Windsor 30-Sep-2008 Audited Results

DLF 30-Sep-2008 Buy back of Equity shares

IOB 30-Sep-2008 To fix the date of EGM

Morgan Ventures 30-Sep-2008 Audited Results

Zuari Finance 30-Sep-2008 Audited Results

Tricom India 30-Sep-2008 Employees Stock Option Plan

Sterling Inter 30-Sep-2008 Audited Results

RR Finance 30-Sep-2008 Audited Results

Arrow Webtex 30-Sep-2008 Others

Indowind Energy 30-Sep-2008 Audited Results

C and C Const 30-Sep-2008 Audited Results & Dividend

Jindal Saw 30-Sep-2008 Amalgamation

Ramsarup Ind 30-Sep-2008 Audited Results & Others

Supertex Ind 30-Sep-2008 Others

Indus Fila 30-Sep-2008 Audited Results

Orient Press 30-Sep-2008 Audited Results

Riddhi Siddhi G 30-Sep-2008 To consider issue of Warrants


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NSE notices 25 September, 2008

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Birla Cotsyn India

Birla Cotsyn (India) Limited has informed the Exchange that the Annual General Meeting of the Members of the Company will be held on October 24, 2008. The Register of Members and Share Transfer Books of the Company will remained closed from October 20, 2008 to October 24, 2008 (both days inclusive) for ascertaining the names of Shareholders entitled for the payment of dividend for the year 2007-08, if declared, at the forthcoming Annual General Meeting.

Source: NSE :Date: 09-25-2008

Cambridge Technology Enterprises

Cambridge Technology Enterprises Limited has informed the Exchange that the Board of Directors in their meeting held on September 25, 2008 has considered and approved the following: i) Issue of 8,00,000 equity shares of Rs.10/- each at a price of Rs.111/- per share (including a premium of Rs.101/- per share) to M/s Protégé Software Services Inc., USA on preferential basis. ii) Issue of 12,00,000 Convertible Equity Warrants convertible into 12,00,000 Equity shares of Rs.10/- each at a price of Rs.100/- each (including a premium of Rs.90/- per share) to M/s Hansankit Trading Pvt Ltd., Mumbai on preferential basis. iii) Issue of 8,00,000 convertible Equity Warrants convertible into 8,00,000 equity shares of Rs.10/- each at a price of Rs.100/- per share (including a premium of Rs.90/- per share) to M/s Transartica Company Ltd, Mauritius on preferential basis. iv) Issue of 10,00,000 convertible Equity Warrants convertible into 10,00,000 equity shares of Rs.10/- each at a price of Rs.100/- per share (including a premium of Rs.90/- per share) to M/s Ibenstein Pte Ltd on preferential basis. v) Issue of 15,00,000 Equity Shares to M/s Cambridge Technology Enterprises Trust pursuant to Section 81 (1A) of the Companies Act, 1956 at a price of Rs.58.46 per share (including a premium of Rs. 48.46 per share) towards grant of ESOPs. vi) Appointment of M/s P. Murali & Co., as Statutory Auditors of the Company in place of M/s Walker, Chandiok & Co., subject to approval of Shareholders at the ensuing Annual General Meeting of the Company.

Source: NSE Date:09-25-2008

Dr Reddys Laboratories

Dr. Reddy'S Laboratories Ltd. has informed the Exchange regarding a press release dated September 25, 2008, titled "Dr Reddy's enters the respiratory inhalers market in India with the launch of 'Combihale' and 'Redihaler' Forays into inhalation asthama market". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date:Date: 09-25-2008

DIC India

Dic India Limited has informed the Exchange that the Company on September 25, 2008 has commisioned the Liquid Ink Mother Plant (LIMP) at Noida. This was one of the purposes for which the Copany had recently come out with a rights issue of Rs. 5164.15 lacs. The objective of setting up the LI Mother Plant is to install seamless and automated state of production facility. This would facilitate significant reduction in handling costs and wastages, thereby improving cost and work efficiency. Moreover, the Company would also benefit from other advantages related to bulk production viz. consistency in quality, lower logistics costs and increase in productivity. The project has been executed on the existing land of the Company at C-55 A & B, Phase-II, Dist. Gautam Budh Nagar, Noida - 201305, UP.

Source: NSE Date:09-25-2008

GMR Infrastructure

GMR Infrastructure Limited has informed the Exchange that Indira Gandhi International Airport's third runway 11-29 opened for commercial operations on September 25, 2008. IGI Airport is now the country’s only airport with three operational runways. In this connection Delhi International Airport Private Limited (DIAL) a Subsidiary of the company has informed regarding a press release dated September 25, 2008, titled "New Runway at Indira Gandhi International Airport opens for Commercial Operations". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-25-2008

Motor and General Finance

The Motor & General Finance Ltd has informed the Exchange that the Board of Directors at their meeting held on September 25, 2008 have recommended the payment of Interim Dividend @ 20% i.e. Rs. 2/- per equity share of Rs. 10/- each for the year ending March 31, 2009.

Source: NSE Date: 09-25-2008

Cambridge Technology Enterprises

Cambridge Technology Enterprises Limited has informed the Exchange that Register of Members and Share Transfer books of the Company will remain closed from October 20, 2008 to October 23, 2008 (both days inclusive) for the purpose of payment of Dividend for the financial year 2007-2008. Further the Annual General Meeting of the Company will be held on October 23, 2008.

Source: NSE Date: 09-25-2008

Celestial Labs

Celestial Labs Limited has informed the Exchange that Dr. P.S.N. Reddy has resigned from the Directorship of Company w.e.f. September 15, 2008 as per the resignation letter received from him on September 19, 2008.

Source: NSE Date: 09-25-2008

Murli Industries Ltd.

Murli Industries Limited has informed the Exchange regarding the outcome of Annual General Meeting held on September 25, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-25-2008

Shri Lakshmi Cotsyn

Shri Lakshmi Cotsyn Limited has informed the Exchange regarding a press release dated September 24, 2008, titled "Shri Lakshmi Cotsyn Launches India's first eco-friendly textile brand WEAVES". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-25-2008

Tata Communications

Tata Communications Limited has informed the Exchange regarding a press release dated September 25, 2008, titled "Tata Communications Receives Two Global Telecoms Business Innovation awards". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-25-2008

Man Industries (India)

Man Industries (India) Ltd. has informed the Exchange regarding a press release titled "MAN Industries bags new orders worth Rs 1100 crore, Commissions 3rd HSAW Production Line at Anjar and moves ahead with US project". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date:09-25-2008

NMDC

Nmdc Limited has informed the Exchange that "The Press and Media have carried an item on divestment of shares of NMDC. In this connection, this is to state that there is no proposal for further divestment of any shares as of now".

Source: NSE Date: 09-25-2008

Godrej Industries

Godrej Industries Ltd. has submitted to the Exchange a copy of the Minutes of the meeting of the Company held on September 19, 2008 for announcement of the results of postal ballot as per the provisions of The Companies (Passing of the Resolution by Postal Ballot) Rules, 2001. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-25-2008

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BSE Notices 25 September, 2008

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Akruti City

Akruti City Ltd has informed BSE regarding a Press Release dated September 25, 2008 titled "Akruti City welcomes Satyam Development Centre into its IT Park in Hinjewadi-Pune"

Source: BSE Date: 09-25-2008

Akruti City

Akruti City Ltd has informed BSE that with reference to a news item appearing in a section of press about Barclays Capital having acquired a stake in Akruti City Ltd (ACL) from the promoters of ACL for approx. Rs 350-400 crores. The Company hereby clarifies that the promoters of ACL have not sold any stake to Barclays Capital. However, the Company does have working relationship with Barclays Bank PLC.

Source: BSE Date: 09-25-2008


Binny

Binny Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 25, 2008, inter alia, has decided to demerge the Company into two or more Companies to enable the Companies to concentrate on their core business activities. Further, the Board has also appointed valuers and consultants for arriving at the demerger ratio and preparation of a draft scheme of demerger, for obtaining the approval of the Board of Directors as well as legal and other regulatory authorities.

Source: BSE Date: 09-25-2008

Cambridge Technology Enterprises

Cambridge Technology Enterprises Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 25, 2008, inter alia, has considered and approved the following : 1. Issue of 8,00,000 equity shares of Rs 10/- each at a price of Rs 111/- per share (including a premium of Rs 101/- per share) to M/s Protege Software Services Inc., USA on preferential basis. 2. Issue of 12,00,000 Convertible Equity Warrants convertible into 12,00,000 Equity shares of Rs 10/- each at a price of Rs 100/- each (including a premium of Rs 90/- per share) to M/s Hansankit Trading Pvt Ltd Mumbai on preferential basis. 3. Issue of 8,00,000 Convertible Equity Warrants convertible into 8,00,000 equity shares of Rs 10/- each at a price of Rs 100/- per share (including a premium of Rs 90/- per share) to M/s Transartica Company Ltd, Mauritius on preferential basis. 4. Issue of 10,00,000 Convertible Equity Warrants convertible into 10,00,000 equity shares of Rs 10/- each at a price of Rs 100/- per share (including a premium of Rs 90/- per share) to M/s Ibenstein Pte Ltd, Singapore on preferential basis. 5. Issue of 15,00,000 Equity Shares of Rs 10/- each to M/s Cambridge Technology Enterprises Trust pursuant to Section 81(1A) of the Companies Act, 1956 at a price of Rs 58.46 per share (including a premium of Rs 48.46 per share) towards grant of ESOPs. 6. Appointment of M/s P Murali & Co., as Statutory Auditors of the Company in place of M/s Walker, Chandiok & Co subject to approval of Shareholders at the ensuing Annual General Meeting of the Company.

Source: BSE Date: 09-25-2008

DIC India

DIC India Ltd has informed BSE that the Company has on September 25, 2008 commissioned the Liquid Ink Mother Plant (LIMP) at Noida. This was one of the purposes for which the Company had recently come out with a rights issue of Rs 5164.15 Lacs. The objective of setting up the LI Mother Plant is to install seamless and automated state of production facility. This would facilitate significant reduction in handling costs and wastages, thereby improving cost and work efficiency. Moreover, the Company would also benefit from other advantages related to bulk production viz, consistency in quality, lower logistics costs and increase in productivity. The project has been executed on the existing land of the Company at C-55 A & B, Phase-II, Dist. Gautam Budh Nagar, Noida -201305, UP.

Source: BSE Date: 09-25-2008

Kajaria Ceramics

Kajaria Ceramics Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 25, 2008.

Source: BSE Date: 09-25-2008

Southern Online Bio Technologies Ltd

Southern Online Bio Technologies Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 25, 2008.

Source: BSE Date: 09-25-2008


Stanpacks India

Stanpacks India Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 25, 2008.

Source: BSE Date: 09-25-2008

IndusInd Bank

Indusind Bank Ltd has informed BSE that the 14th Annual General Meeting (AGM) of the Bank was conducted on September 22, 2008 and that resolution numbers 1 to 6 were carried unanimously under Ordinary Business and Resolution numbers 7 to 11 were carried unanimously under Special Business.

Source: BSE Date: 09-25-2008

Prakash Solvent Extraction

Prakash Solvent Extraction Ltd has informed BSE about the audited financial results for the Year ended March 31, 2008.
Source: BSE Date: 09-25-2008

Motor and General Finance

Motor & General Finance Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 25, 2008, inter alia, have recommended the payment of Interim Dividend @ 20% i.e. Rs 2/- per equity share of Rs 10/- each for the year ending March 31, 2009.

Source: BSE Date: 09-25-2008

Ocean Agro (India)

Ocean Agro India Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 25, 2008.

Source: BSE Date: 09-25-2008

OCL India

OCL India Ltd has informed BSE that the amendments in the Articles of Association proposed in the notice of the Annual General Meeting have been approved by the shareholders at the Annual General Meeting held on September 22, 2008 by passing special resolution.

Source: BSE Date: 09-25-2008

Vidhi Dyestuffs Manufacturing

Vidhi Dyestuffs Manufacturing Ltd has informed BSE that the given below are the details of the email id designated exclusively for grievance redressal division / compliance officer: vidhi_corporategov@yahoo.in
Source: BSE Date: 09-25-2008


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NSE notices 24 September. 2008

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Adlabs Films

Adlabs Films Limited has informed the Exchange regarding a Media Release dated September 24, 2008, titled "Adlabs crosses 10,000 shows on TRUE 2K Digital Cinema Format - First in world to distribute films over fiber optic network; Over 2000 shows completed". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-24-2008

Asian Hotels

Asian Hotels Ltd has informed the Exchange that the dividend of Re. 1/- per equity share (10%) for the financial year ended March 31, 2008, declared by the shareholders at the Annual General Meeting held on September 24, 2008, will be disbursed vide dividend warrants / drafts / ECS, as the case may be, and the date of payment will be October 16, 2008.

Source: NSE Date: 09-24-2008

Celestial Labs

Celestial Labs Limited has informed the Exchange that "The members of the company by way of Postal Ballot have passed the Special Resolution under section 79A, 81A of the Companies Act, 1956 in connection with the issue of equity shares as Sweat Equity Shares in lieu of the compensation for the transfer of the ownership rights of the Intellectual property Assets developed and owned by Promoter to the company".

Source: NSE :Date: 09-24-2008

Core Projects & Technologies Ltd

Core Projects And Technologies Limited has informed the Exchange regarding a press release dated September 23, 2008, titled "Core Projects & Technologies Ltd bags prestigious order from Karnataka State Open University (KSOU)". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-24-2008

Gujarat Industries Power Co.

Gujarat Industries Power Co. Ltd has informed the Exchange that pursuant to the Loan Agreement, IDBI has made change of nomination on the Board of the Company. Accordingly IDBI has nominated Shri G.A. Tadas, as its Nominee Director representing IDBI on the Board of the Company vice Shri A. Khandual effective September 08, 2008. The Board of Directors of the Company have taken note of the same.

Source: NSE Date: 09-24-2008

EID Parry (India)

Eid Parry India Ltd. has informed the Exchange that at the Board Meeting held on September 24, 2008, the Board of Directors have declared a Special Dividend of Rs. 4 (200%) per equity share of Rs.2/- each fully paid on the equity capital for the financial year ending March 31, 2009. Further the October 10, 2008 has been fixed as the Record Date for the purpose of payment of the above said Special Dividend. The said Special Dividend will be paid to the eligible shareholders on or after October 18, 2008.

Source: NSE Date: 09-24-2008

Enkei Castalloy

Enkei Castalloy Limited has informed the Exchange that dividend, if declared by the members in their Annual General Meeting to be held on September 27, 2008 will be paid to the members of the Company on October 16, 2008.

Source: NSE Date: 09-24-2008

EID Parry (India)

Eid Parry India Ltd. has informed the Exchange that the compensation and Nomination Committee at its meeting held on September 24, 2008 had approved the grant of stock options. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-24-2008

Jet Airways

Jet Airways (India) Ltd. has informed the Exchange that the auditor's have conducted the limited review of the Unaudited financial results for the quarter ended June 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date:Date: 09-24-2008


Opto Circuits India

Opto Circuits (India) Limited has informed the Exchange that Eurocor GmbH the Company's wholly owned subsidiary has received registration for its Drug Eluting Balloon, Dior in India. The commercial release of Dior will commence after fulfilling the guidelines provided by Drug Control General of India (DCGI). The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date:09-24-2008

Solar Explosives

Solar Explosives Limited has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the members of the Company held on September 24, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)..

Source: NSE Date:09-24-2008

Lupin

Lupin Limited has informed the Exchange regarding the summary of Continual Disclosure of Shareholding in the Company pursuant to Clause 13 of SEBI (Prohibition of Insider Trading) Regulations, 1992. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-24-2008

Jindal Stainless

Jindal Stainless Limited has informed the Exchange that the company has received the certificate dated September 23, 2008, issued by the Registrar of Companies, NCT of Delhi & Haryana, New Delhi consequent upon change of name of the company from Jindal Stainless Limited to JSL Limited..

Source: NSE Date: 09-24-2008

Landmark Property Development Company

Landmark Property Development Company Limited has informed the Exchange that Pursuant to the provisions of Section 192A of the Companies Act, 1956 read with Companies (Passing of Resolution by Postal Ballot) Rules 2001, the consent of Equity Shareholders of the Company was sought by way of Special Resolution u/s 17 of the Companies Act, 1956 through Postal Ballot, for shifting of Registered Office of the Company from the State of Orissa to the National Capital Territory (NCT) of Delhi as specified in the Notice of Postal Ballot dated August 18, 2008. Based on the report submitted by the Scrutinizer, the Chairman has declared on September 22, 2008 after the completion of Annual General Meeting of the Company that the Special Resolution U/s 17 of the Companies Act, 1956 for shifting of Registered Office of the Company from the State of Orissa to the National Capital Territory (NCT) of Delhi stands duly passed by the requisite majority through Postal Ballot. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date:09-24-2008


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BSE notices 24 September, 2008

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Ankit Metal and Power

Ankit Metal & Power Ltd has informed BSE that Mr. Sanjay Singh has resigned from the Board of Director of the Company with immediate effect. The Board of Directors of the Company has accepted his resignation in Board meeting held on September 24, 2008.

Source: BSE Date: 09-24-2008

BEML

BEML Ltd has informed BSE that Sri. S Ramesh, DGM (CS) holding charge of the post of Company Secretary from September 01, 2008 consequent upon superannuation of Sri. K C Medapa, has been appointed as Company Secretary of the Company by the Board of Directors at their meeting held on September 18, 2008.

Source: BSE Date: 09-24-2008

Core Projects & Technologies Ltd

Core Projects & Technologies Ltd has announced that it has been awarded a prestigious contract to implement FAIM, its Admissions and Examinations Management System, by the Karnataka State Open University (KSOU).

Source: BSE Date: 09-24-2008

HDFC Bank

HDFC Bank Ltd has informed BSE that a meeting of the Board of Directors of the Bank will be held on October 16, 2008, inter alia, to consider the Unaudited financial results for the second quarter and half year ending September 30, 2008 (Q2).

Source: BSE Date: 09-24-2008


Opto Circuits India

Opto Circuits India Ltd has informed BSE that Eurocor GmbH the Company's wholly owned subsidiary has received registration for its Drug Eluting Balloon, Dior in India. The commercial release of Dior will commence after fulfilling the guidelines provided by Drug Control General of India (DCGI).

Source: BSE Date: 09-24-2008

Celestial Labs

Celestial Labs Ltd has informed BSE that the members of the Company by way of Postal Ballot have passed the Special Resolution under section 79A, 81A of the Companies Act, 1956 in connection with the issue of equity shares as Sweat Equity Shares in lieu of the compensation for the transfer of the ownership rights of the Intellectual property Assets developed and owned by Promoter to the Company.

Source: BSE Date: 09-24-2008

Bihar Sponge Iron

Bihar Sponge Iron Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 23, 2008.BSI04

Source: BSE Date: 09-24-2008

Jindal Stainless

Jindal Stainless Ltd has informed BSE that the Company has received the certificate dated September 23, 2008, issued by the Registrar of Companies, NCT of Delhi & Haryana, New Delhi consequent upon change of name of the Company from "Jindal Stainless Ltd" to "JSL Ltd"

Source: BSE Date: 09-24-2008

Solar Explosives

Solar Explosives Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 24, 2008.

Source: BSE Date: 09-24-2008

Shreeom Trades Ltd

Shree Om Trades Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on August 30, 2008.

Source: BSE Date: 09-24-2008

KS Oils

KS Oils Ltd has informed BSE regarding a Press Release dated September 24, 2008 titled "K S Oils 23rd AGM concludes with shareholders providing whole hearted support to the management's robust strategy of becoming an "Integrated Edible Oil Company"".

Source: BSE Date: 09-24-2008

Poly Medicure

Poly Medicure Ltd has informed BSE about the following: - Conversion of Preferential warrants issued to Promoters The Company had allotted 4,25,000 warrants to the promoters of the Company on preferential basis on March 17, 2007 in accordance with Chapter XIII of SEBI (DIP) Guidelines, 2000. Out of these, 1,06,250 warrants were converted into equal number of equity shares at a price of Rs 106/- per share on October 29, 2007. The allottees did not exercise the conversion option on the balance 3,18,750 warrants. The period of 18 months from the date of issue of warrants during which such option should have been exercised has lapsed and hence the application & allotment money of Rs 10.60/- per warrants amounting to Rs 33,78,750/- received by the Company stands forfeited.

Source: BSE Date: 09-24-2008

Pokarna Limited

Pokarna Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 24, 2008.

Source: BSE Date: 09-24-2008

Welspun India

Welspun India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 28, 2008, had, subject to receipt of the necessary approvals, approved of the shifting of the registered office outside local limits of the city but in the same state. In this regard, the members of the Company will consider to approve by way of Postal Ballot the Special Resolution relating to shift the registered office of the Company from "Survey No. 76, Village Moral, Vapi, District Valsad, Gujarat - 396191" to "Welspun City, Village Versamedi, Taluka Anjar, Dist. Kutch, Gujarat, 370110. The Company has appointed Mr. Sanjay Risbud, Proprietor, M/s. S S Risbud & Co., Company Secretaries, as the Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The Postal Ballot form duly completed should reach the scrutinizer not later then the close of working hours on October 08, 2008. The results of the postal ballot will be declared on October 13, 2008.

Source: BSE Date: 09-24-2008

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SEBI Circulars 24 September, 2008

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PR No.186/2008

Consent order against Parklight Investment Pvt. Ltd. and others A Panel consisting of Dr. T. C. Nair, Whole Time Member and Shri M.S.Sahoo, Whole Time Member has passed consent order dated September 22, 2008, on application submitted by Parklight Investment Pvt. Ltd., Shri Uday H. Vora, H. Nyalchand Financial Services Ltd., Shri Dhiren Vora, Shri Hasmukhlal N. Vora, Parklight Securities Ltd. in the matters of ETP Corporation Ltd., E-Star Infotech Ltd., SMR Universal, Ransi Software and Genus Commutrade and Parklight Investment Pvt. Ltd., H.Nyalchand Financial Services Ltd., Parklight Securities Ltd., Shri Mukesh K. Chokshi, Shri Hemang J. Kedia, Shri Nimesh G. Gandhi, Shri Kunal B. Shah, Shri Dhaval Shah, Deep Stock Broking Pvt. Ltd. in the matters of Accurate Exports Ltd., Blue Coast Hotels & Resorts Pvt. Ltd., Birmingham Thermotech Ltd., Somplast Leather Industries Ltd., E-Star Infotech Ltd., Genus Commutrade Ltd., Soundcraft Industries Ltd., Top Media Entertainment Ltd., ETP Corporation Ltd., SMR Universal Softech Ltd. and Universal Media Network Ltd. in accordance with SEBI guidelines dated April 20, 2007 for consent orders. The applicants have remitted a total sum of Rupees One Crore towards the terms of consent in the matter and the certificate of registration of Parklight Securities Ltd., broker of Ahmedabad Stock Exchange and Calcutta Stock Exchange shall remain suspended for a period of three months from the date of the order. The order shall come into force with immediate effect. The full text of the order is available on the website
www.sebi.gov.in Mumbai September 23, 2008

Source: SEBI Date: 2008-09-24


PR No.187/2008

Consent order against Shri Deep Trivedi and Smt. Jyoti Trivedi in the matter of Top Media Entertainment Ltd. A Panel consisting of Dr. T. C. Nair, Whole Time Member and Shri M.S.Sahoo, Whole Time Member has passed consent order dated September 17, 2008, on application submitted by Shri Deep Trivedi and Smt. Jyoti Trivedi, in the matter of Top Media Entertainment Ltd. in accordance with SEBI guidelines dated April 20, 2007 for consent orders. The applicants have remitted a sum of Rs.10 Lakh and Rs.2 Lakh respectively towards the terms of consent in the matter. The order shall come into force with immediate effect. The full text of the order is available on the website www.sebi.gov.in Mumbai September 23, 2008

Source: SEBI Date: 2008-09-24


PR No.188/2008

Grant of exemption to Nafisa H Khorakiwala & others in the matter of their proposed increase in voting rights of M/s. Carol Info Services Limited (Target Company) Dr. T.C.Nair, Whole Time Member, SEBI, has passed an order dated September 22, 2008, granting exemption to Nafisa H Khorakiwala, Khorakiwala Holdings & Investment Limited, Habil F Khorakiwala, Palanpur Holdings & Investments Limited, Murtaza H Khorakiwala, Husaifa H Khorakiwala and Dartmour Holdings Private Limited (acquirers) from making an open offer under SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 1997, with regard to proposed increase in their voting rights from 63.73% to 74.94% incidental to the proposed buy-back of its equity shares by the Target Company. However, the order also lists out certain conditions with regard to the proposed buy-back. Pursuant to the said increase in voting rights, there would not be any change in control of the target company. The application seeking exemption was forwarded by SEBI to the Takeover Panel. The Panel recommended for exemption to the acquirers from making an open offer. The full text of the order is available on the website: www.sebi.gov.in Mumbai September 23, 2008

Source: SEBI Date: 2008-09-24


PR No.189/2008

Consent order in respect of Kishore Thakural and Jay Thakural in the matter of Atlanta Ltd. A Panel comprising of Dr. T. C. Nair, Whole Time Member, SEBI and Shri M. S. Sahoo, Whole Time Member, SEBI has passed consent order dated September 22, 2008 on application submitted by Shri Kishore Thakural and Shri Jay Thakural in accordance with SEBI Guidelines dated April 20, 2007 for consent orders. SEBI had initiated proceedings under Sections 11 and 11 B of SEBI Act, 1992 vide interim Order dated February 22, 2007 against Shri Kishore Thakural and Shri Jay Thakural, among others, who were found to have fraudulently cornered the shares of Atlanta Ltd. reserved under employee quota in IPO issue of Atlanta Ltd. It was found that they had provided funds to the employees of the company specifically to apply shares on their behalf, which upon allotment were transferred by the employees to them by way of off�-market transfers at the issue price, though the market price was substantially higher. Interim Order dated February 22, 2007 had directed Shri Kishore Thakural and Shri Jay Thakural not to buy, sell or deal in securities of Atlanta Ltd., directly or indirectly, till further directions in this regard. The above applicants had applied for settlement of above proceedings through a consent order. Shri Kishore Thakural and Shri Jay Thakural have remitted the entire profit of Rs.9,13,844.00 and Rs.4,88,156.00 respectively which was earned by cornering the shares of Atlanta Ltd. as consent terms in the case. The full text of the above order is available on the website: www.sebi.gov.in Mumbai September 23, 2008

Source: SEBI Date: 2008-09-24


PR No.183/2008

Consent order against Shri Atul B. Shah in the matter of Continental Controls Ltd. A Panel consisting of Dr. T. C. Nair, Whole Time Member and Shri M.S.Sahoo, Whole Time Member has passed consent order dated September 17, 2008, on an application submitted by Shri Atul B. Shah, in the matter of Continental Controls Ltd. in accordance with SEBI guidelines dated April 20, 2007 for consent orders. The applicant has remitted a sum of Rs. 3 lakh towards the terms of consent in the matter and has also undertaken a voluntary bar from buying, selling or otherwise dealing in securities market, directly or indirectly, in any manner whatsoever, for a period of twelve months. The order shall come into force with immediate effect. The full text of the above order is available on the website: www.sebi.gov.in Mumbai September 22, 2008

Source: SEBI Date: 2008-09-24


PR No.184/2008

Consent order against Shri Atul H. Shah and Shri Raju B. Shah in the matter of Universal Media Network Ltd. A Panel consisting of Dr. T. C. Nair, Whole Time Member and Shri M.S.Sahoo, Whole Time Member has passed consent order dated September 18, 2008, on an application submitted by Shri Atul H. Shah and Shri Raju B. Shah, in the matter of Universal Media Network Ltd. in accordance with SEBI guidelines dated April 20, 2007 for consent orders. The applicants have remitted a sum of Rs. 3 lakh and Rs 5 Lakh respectively towards the terms of consent in the matter and have also undertaken a voluntary bar from buying, selling or otherwise dealing in securities market, directly or indirectly, in any manner whatsoever, for a period of twelve months. The order shall come into force with immediate effect. The full text of the above order is available on the website: www.sebi.gov.in Mumbai September 22, 2008

Source: SEBI Date: 2008-09-24


PR No.185/2008

Consent order against Shri Atul H. Shah and Shri Raju B. Shah in the matter of Shalibhadra Infosec Ltd. A Panel consisting of Dr. T. C. Nair, Whole Time Member and Shri M.S.Sahoo, Whole Time Member has passed consent order dated September 18, 2008, on an application submitted by Shri Raju B. Shah and Shri Atul H. Shah, in the matter of Shalibhadra Infosec Ltd. in accordance with SEBI guidelines dated April 20, 2007 for consent orders. The applicants have remitted a sum of Rs. 10 Lakh and Rs 5 Lakh respectively towards the terms of consent in the matter and have also undertaken a voluntary bar from buying, selling or otherwise dealing in securities market, directly or indirectly, in any manner whatsoever, for a period of twelve months. The order shall come into force with immediate effect. The full text of the above order is available on the website: www.sebi.gov.in Mumbai September 22, 2008

Source: SEBI Date: 2008-09-24


PR No.182/2008

Consent order on the application submitted by M/s. SMIFS Securities Ltd. A Panel consisting of Whole Time Members, Dr. T. C. Nair and Shri M. S. Sahoo has passed a consent order dated September 17, 2008 on the application submitted by M/s. SMIFS Securities Ltd., in the matter of inspection of its books of accounts and records, in accordance with SEBI Guidelines dated April 20, 2007 for consent order. The full text of the above order is available on the website www.sebi.gov.in. Mumbai September 22, 2008

Source: SEBI Date: 2008-09-24


PR No.177/2008

Consent Order in the matter of M/s. Lanxess ABS Limited A Panel consisting of Dr. T. C. Nair, Whole Time Member, SEBI, and Shri M.S. Sahoo, Whole Time Member, SEBI, has passed a consent order dated September 17, 2008, on the consent application submitted by M/s. Lanxess ABS Limited for non compliance of Regulation 8(3) of the SEBI (Substantial Acquisition of Shares and Takeovers), Regulations, 1997 for the years 2000, 2001 and 2002, in accordance with SEBI Circular on consent orders dated April 20, 2007. The applicant has remitted a sum of Rs.2,00,000/- (Rupees Two Lakh only) towards the terms of consent in the matter. The full text of the order is available on the website: www.sebi.gov.in Mumbai September 19, 2008

Source: SEBI Date: 2008-09-24


PR No.181/2008

Consent order in the matter of M/s. BOC India Ltd. A Panel consisting of Dr. T. C. Nair, Whole Time Member, SEBI and Shri M. S. Sahoo, Whole Time Member, SEBI has passed a consent order dated September 17, 2008 on the application submitted by BOC Group Plc for delay in compliance of Regulation 3(4) read with Regulation 3(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, in accordance with SEBI Circular on consent orders dated April 20, 2007. The applicant has remitted a sum of Rs. 1,00,000/- (Rupees One Lakh only) towards settlement charges in the matter. The full text of the order is available on the website www.sebi.gov.in Mumbai September 19, 2008

Source: SEBI Date: 2008-09-24


PR No.180/2008

Consent orders in the matter of M/s. BOC Group Plc and M/s. BOC Holdings A Panel consisting of Dr. T. C. Nair, Whole Time Member, SEBI and Shri M. S. Sahoo, Whole Time Member, SEBI has passed a consent order dated September 17, 2008 on the joint application submitted by BOC Group Plc and BOC Holdings for non compliance of Regulations 6 and 8 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, for the year 1997 (Regulation 6) and for the years 1997 to 2007 (Regulation 8), in accordance with SEBI Circular on consent orders dated April 20, 2007. The applicants have remitted a sum of Rs. 4,00,000/- (Rupees Four Lakh only) towards settlement charges in the matter. The full text of the order is available on the website www.sebi.gov.in Mumbai September 19, 2008

Source: SEBI Date: 2008-09-24


PR No.179/2008

Grant of exemption to Mahaganpati Investment Private Limited for the proposed acquisition of shares in M/s. Parenteral Drugs (India) Ltd. Dr. T.C. Nair, Whole Time Member, SEBI, has passed an order dated September 18, 2008, granting exemption to Mahaganpati Investment Private Limited (acquirers) from applicability of Regulation 11(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 1997, in respect of their proposed acquisition of 24,00,000 warrants convertible into equivalent equity shares of M/s. Parenteral Drugs (India) Ltd. This exemption is subject to the certain conditions specified in the Order. The application seeking exemption was forwarded by *SEBI to the Takeover Panel. The Panel did not recommend grant of exemption to the acquirers in respect of the proposed acquisition of equity shares pursuant to conversion of warrants allotted to the acquirer. The full text of the above order is available on the website: www.sebi.gov.in Mumbai September 19, 2008

Source: SEBI Date: 2008-09-24


PR No.175/2008

Order against M/s. Atlanta Ltd. and its Promoters Dr. K.M.Abraham, Whole Time Member, SEBI has passed an order dated September 17, 2008 revoking the directions passed vide earlier interim order dated February 22, 2007 as modified vide order dated September 27, 2007 in respect of M/s. Atlanta Ltd. and its Promoters. The current order is passed in view of the initiation of adjudication proceedings against M/s. Atlanta Ltd. and Shri Rajhoo Bbarot, pursuant to the completion of investigations. The full text of the Order is available on the website www.sebi.gov.in Mumbai September 19, 2008

Source: SEBI Date: 2008-09-24


PR No.176/2008

Order against Shri Manish Marwah, Shri Dilip Nabera and others in the matter of M/s. Atlanta Ltd. Dr. K.M.Abraham, Whole Time Member, SEBI has passed an order dated September 17, 2008 revoking the directions passed vide earlier interim order dated February 22, 2007 in respect of Shri Manish Marwah, Shri Dilip Nabera and entities under their control. The current order is passed in view of the initiation of adjudication proceedings against the following entities pursuant to the completion of investigations. a. Shri Manish Marwah b. Shri Dilip Nabera c. Adhunik Finance Private Ltd d. Emerging Capital Advisors Limited e. Mayrose Capfin Private Limited f. Samradha Finstock Private Limited g. Sparkline Mercantile Co. Private Ltd. The full text of the Order is available on the website www.sebi.gov.in Mumbai September 19, 2008

Source: SEBI Date: 2008-09-24


PR No.178/2008

Rejection of exemption application of Shri R B Rajkumar and Shri T R B Rajaa for the proposed acquisition of shares in M/s. Kings India Chemicals Corporation Ltd. Dr. K.M.Abraham, Whole Time Member, SEBI, has passed an order dated September 17, 2008, rejecting the application of Shri R B Rajkumar and Shri T R B Rajaa seeking exemption from applicability of Regulation 11(1) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 1997, in respect of their proposed increase in voting rights from 27.25% to 41.55% pursuant to the proposed acquisition of 12,44,800 equity shares from Indian Bank Mutual Fund. The application seeking exemption was forwarded by SEBI to the Takeover Panel. The Panel has recommended grant of exemption to the acquirers from making an open offer. The full text of the order is available on the website www.sebi.gov.in Mumbai September 19, 2008

Source: SEBI Date: 2008-09-24

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Hot stock picks

24 Sept 2008

Stock picks and investment ideas from stockinvest.in

Lupin

CMP: Rs 721

Target Price: Rs 938

Citigroup Global Markets has maintained its ‘buy’ recommendation on the stock saying the company’s initiative to build a global presence through small acquisitions and the buyout of a majority stake in Pharma Dynamics of South Africa would boost inorganic growth.

“This is the company’s third acquisition in FY09 after Hormosan (Germany) and a minority stake in Generic Health (Australia). We believe the small size has kept valuations reasonable & expect all deals to be EPS and RoI accretive from FY10,” said Citi in a note to its clients.

Citi has rated Lupin as ‘medium risk’ citing generic competition in Suprax (around 5% & 16% of sales & PBT) as the key reason. According to Citi, rising input costs due to Chinese government’s crackdown on environmentally unfriendly plants could hurt profitability. “Inability to effectively integrate the Kyowa acquisition could take a heavy toll on profitability as well as return ratios,” added the Citi note.


Opto Circuits

CMP: Rs 287.25

Target Price: Rs 463

Kotak Securities has maintained a ‘buy’ rating on the stock saying the valuations are very attractive considering the strong market positioning, potential introduction of new products, front end R&D set up (with the Criticare acquisition) and strong management.

The brokerage expects OCIL to register a 56.7% and 43.7% compounded growth in revenues and earnings, respectively over the next two years. It expects revenue growth of 73.9% to Rs 8.1 billion and net profit growth of 43.5% to Rs 1.9 billion in FY09.

“The key growth drivers for topline would likely to be stents business which is expected to grow at about 80% while non-invasive segment is expected to grow at 77%, mainly due to Criticare acquisition,” said the Kotak note. According to Kotak, net profit margin is likely to decline to 23.8% in FY10 as against 28.3% in FY08 mainly due to higher interest cost.

“The company has raised $52 million debt to fund the Criticare acquisition. We expect 43% and 44% growth in EPS in FY09 and FY10, respectively. In FY09, we expect EPS of Rs.20.2 while in FY10 we expect EPS of Rs.29,” the note added.


Ranbaxy Lab

CMP: Rs 308.85

Target Price: Rs 271

Morgan Stanley has downgraded its rating on Ranbaxy to ‘underweight’ saying the recent FDA action will erode the company’s US business considerably, thereby rendering the business model incomplete and lowering its stature in the global generic industry.

“We expect a significant decline in base earnings along with a stock de-rating in the coming months,” said Morgan Stanley in a note to its clients. According to Morgan Stanley, sorting out FDA issues, resolving a Department of Justice enquiry, integration with Daiichi, and managing the negative fallout of the FDA action in other markets are the key challenges for the company.


“Ranbaxy stock currently trades at 25x 2008 and 21.8x 2009 EPS estimates (21.9x and 19.6x excluding exclusivities, Rs 42 per share using NPV vs 17.5x one-year forward sector earnings multiples,” the note said.


Ashok Leyland

CMP: Rs 28.95

Target Price: Rs 30

Edelweiss Research has maintained its ‘accumulate’ rating on the stock but adds that it does not expect any near-term positive triggers for the company. “The company’s interest cost is also likely to go up significantly on higher debt,” said Edelweiss.

Ashok Leyland’s management has admitted that the recent slowdown in industrial activity has affected the goods medium and heavy commercial vehicles (M&HCV) sales, Edelweiss said. However, it expects things to pick up in H2FY09 and has guided to match FY08 goods M&HCV sales (down 1.2 % YTD), at around 60K in FY09.

“The company currently has around 3-4K bus orders on hand (around 25% of its sales come from bus segment); it expects moderate growth in this segment during FY09E over FY08,” said Edelweiss is a note to its clients.

Recently, the company had signed a master cooperation agreement with Nissan to manufacture light commercial vehicles (LCVs) and power trains in India. “Manufacturing is scheduled to commence in December 2010 and the company targets to achieve 100K units per annum of sales in thee years and 200K pa of sales in five years,” the note added.

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NSE Notices 23 September, 2008

Latest NSE announcements and notices from stockinvest.in

Garden Silk Mills

Garden Silk Mills Ltd. had informed the Exchange that "We wish to publish audited results for the financial year ended June 30, 2008, within a period of 3 months from the end of last quarter of the financial year".. The Company has now informed the Exchange that "As the draft audited statement of accounts is yet not ready and the same can not be placed before the Board at the meeting scheduled on September 30, 2008. The subsequent date of Board meeting, for the aforesaid purpose shall be informed to the Exchange as soon as the audited statement of accounts is ready for consideration by the Board at a duly convened meeting of the Board of Directors".

Source: NSE Date:09-23-2008

Phoenix Mills

The Phoenix Mills Limited has submitted to the Exchange a copy of the Proceedings of the Annual General Meeting of the Company held on September 23, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date:Date: 09-23-2008

SEL Manufacturing Company

Sel Manufacturing Company Limited has informed the Exchange that the Annual General Meeting of the Company is scheduled to be held on September 30, 2008.

Source: NSE :Date: 09-23-2008

Kakatiya Cements

Kakatiya Cement Sugar & Industries Ltd has informed the Exchange that the Annual General Meeting of the Company is scheduled to be held on September 25, 2008.

Source: NSE Date:09-23-2008

Shriram EPC

Shriram Epc Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on August 22, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-23-2008

South Indian Bank

The South Indian Bank Ltd. has informed the Exchange that the Board of Directors of the bank, at its meeting held on September 23, 2008, has fixed the Record date as October 17, 2008 for the purpose of taking out a list of shareholders eligible for issue of bonus shares in the ratio of 1 bonus share for every 4 shares held on that date.

Source: NSE Date: 09-23-2008

Ratnamani Metals and Tubes

Ratnamani Metals & Tubes Limited has informed the Exchange that at the Annual General Meeting held on September 23, 2008 an unanimous resolution was passed by the share holders of the company for the sub division of equity shares of Rs. 10 each into 5 equity shares of Rs. 2/. In View of the above, the Board of Directors in their meeting held on September 23, 2008 resolved that, November 14, 2008 will be the Record Date for this purpose.

Source: NSE Date: 09-23-2008

Tourism Finance Corp of India

Tourism Finance Corpn Of India Ltd has submitted to the Exchange a copy of the Minutes of the Proceedings of the Annual General Meeting of the Members of the Company held on September 12, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-23-2008

Vakrangee Software

Vakrangee Softwares Limited has informed the Exchange that the Annual General Meeting of the Company was held on September 23, 2008 and the members have approved interalia issue of securities subject to a maximum of 5% of paid up capital of the Company from time to time to the permanent employees of the Company and its subsidiaries under Employee Stock Option Scheme of the Company.

Source: NSE Date: 09-23-2008

Nagarjuna Construction Co.

Nagarjuna Construction Co. Ltd has informed the Exchange that the company has secured four new orders aggregating Rs.413 crores. In this connection the company has submitted to the Exchange a copy of a press release dated September 23, 2008. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-23-2008

SMS Pharmaceuticals

Sms Pharmaceuticals Limited has informed the Exchange that: "The Board of Industrial & Financial Reconstruction of India (BIFR) has approved the Modified rehabilitation Scheme vide its order dated 17.09.2008 for the merger of M/s. Plant organics Limited (POL) with M/s SMS Pharmaceuticals Limited with effect from 01.01.2008. The Scheme envisages the company to offset the un-absorbed business losses of the M/s Plant Organics Limited beyond the period of 8 years under the Income-tax Act, 1961 and issuance of shares to the share holders of POL in the exchange ratio of 1 : 50 on the Reduced capital of Plant Organics Limited apart from other relief’s and concessions".

Source: NSE Date: 09-23-2008

Surana Telecom

Surana Telecom Ltd. has informed the Exchange that: "The Board of Directors of the Company at their Meeting held on 17th September, 2008 interalia has transacted the following: (1) Fixed the commencement date for the Buyback of Equity Shares of the Company as 30.09.2008 and end date of buyback as 20.04.2009 or when the Company has completed buyback to the extent of 18,00,000 shares under the offer at a maximum price of Rs. 50/- per share or upon exhaustion of Rs.600 Lakhs set aside for buyback or the date as may be decided by the Board of Directors of the Company, whichever is earlier. (2) Approved the Public announcement for buyback of Equity Shares".

Source: NSE Date:09-23-2008

Satyam Computer Services

Satyam Computer Services Ltd has informed the Exchange regarding a press release dated September 23, 2008, titled "Satyam launches new facility in Pune". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-23-2008

Monsanto India

Monsanto India Limited has informed the Exchange regarding the proceedings of the Annual General Meeting of the Company held on September 22, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Source: NSE Date: 09-23-2008

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