Tuesday, August 26, 2008

Learning about options and option strategies

This is one of essential features of trading in the stock markets. For trading in stocks and shares the basic knowledge of the futures and options segment is essential.

There is an interesting and educating article on option strategy at http://www.stockinvest.in

The excerpt from the article is given below:
Long Call

This strategy consists of buying a Call in the hope that the value of the underlying security will increase. Buying a Call allows to buy a determined number of shares (normally, but not always, 100) at a determined price (strike) before (in some cases only at) a set date (expiration day – normally on the Friday following the third Thursday of the month).


Long Put

This strategy consists of buying a Put in the hope that the value of the underlying security will decrease. Buying a Put allows to sell a determined number of shares (normally, but not always, 100) at a determined price (strike) before (in some cases only at) a set date (expiration day – normally on the Friday following the third Thursday of the month).

Read the complete article at the link.


Latest BSE Notices and Announcements

August 27, 2008


GEI Industrial Systems

GEI Industrial Systems Ltd has informed BSE that the Company bags orders worth Rs 40 Crores for Air Cooled Steam Condensers for Power Plants, from KSK Group of Hyderabad, Dharani Sugars and Chemicals Ltd and OPG Power Generation Pvt. Ltd.
Source: BSE Date: 2008-08-27

IFGL Refractories
IFGL Refractories Ltd has informed BSE regarding a Press Release dated August 27, 2008 titled "'BioGraft' Synthetic Bone Graft Products now available in India"
Source: BSE Date: 2008-08-27

Dhandapani Finance and Investments
Dhandapani Finance Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 26, 2008, inter alia, has transact the following: - The proposal of Sale of business of the Company, including all its assets, liabilities, brand and goodwill, by way of a slump sate to M/s. Zwirn Pragati Capfin Pvt Ltd which was earlier approved by Shareholders of the Company by way of Postal Ballot was placed before the Members of the Board. The Board decided to consider the same in the next Board Meeting to be held on September 04, 2008. The Board of Directors has approved the Resignation of Mr. A Ramesh Kumar, Director from the Board with effect from August 01, 2008.
Source: BSE Date: 2008-08-27

DLF
DLF Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 23, 2008 to September 30, 2008 (both days inclusive) for the purpose of payment of final dividend & 43rd Annual General Meeting (AGM) of the Company to be held on September 30, 2008.
Source: BSE Date: 2008-08-27

Sun Pharmaceutical Industries
Sun Pharmaceutical Industries Ltd has informed BSE about the waiver of certain conditions in the tender offer.
Source: BSE Date: 2008-08-27

Sun Pharmaceutical Industries
Sun Pharmaceutical Industries Ltd has about the decision of the Tel Aviv District court in favor of Sun Pharma, regarding Special Tender Offer for Taro Pharmaceutical Industries.
Source: BSE Date: 2008-08-27

Bombay Swadeshi Stores
Bombay Swadeshi Stores Ltd has informed BSE about the audited financial results for the year ended March 31, 2008.
Source: BSE Date: 2008-08-27

R Systems International
R Systems International Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 04, 2008 to, inter alia, consider and approve the proposal for Buy-back of equity shares of the Company.
Source: BSE Date: 2008-08-27

Columbia Leasing
Ruchi Infrastructure Ltd has informed BSE that the Board of Directors of the Company at its meeting held on Aug 26, 2008, inter alia, has recommended a dividend of 6% on Redeemable Cumulative Preference Shares for the year ended March 31, 2008 and also recommended a dividend of 10% on Equity Share Capital as on March 31, 2008.
Source: BSE Date: 2008-08-27

G E Capital Transportation Financial Services
GE Capital Transportation Financial Services Ltd has informed BSE that the members at the 22nd Annual General Meeting (AGM) of the Company held on August 20, 2008, inter alia, have accorded the following: 1. Adoption of the audited balance Sheet of the Company as at March 31, 2008 and the Profit and Loss Account for the year ended on that date together with the reports of the auditors and Directors thereon. 2. Re-appointment of Mr. Tejpreet S Chopra as a Director, who retired by rotation on that date of the Annual General Meeting. 3. Appointment of M/s. BSR & Co., Chartered Accountants, as statutory auditors of the Company to hold office until the conclusion on progressive billing basis to be agreed between the Auditors and the Board of Directors. 4. Appointment of Mr. Kanwarpal Singh Bindra as a Director of the Company, liable retire by rotation. 5. Appointment of Mr. Kanwarpal Singh Bindra as the Chairman and Managing Director of the Company for a period of 5 years with effect from November 30, 2008, on a without remunerations, terms & conditions.
Source: BSE Date: 2008-08-27

Panama Petrochem
Panama Petrochem Ltd has informed BSE that the Shareholders of the Company at its meeting held on August 23, 2008, inter alia, has unanimously approved and adopted the Scheme of Arrangement for De-merger of securities investment business of Mobil Petrochem Pvt Ltd into Ittefaq Ice and Cold Storage Co. Pvt Ltd; and Amalgamation of Mobil Petrochem Pvt Ltd (residual business) with Panama Petrochem Ltd.
Source: BSE Date: 2008-08-27

HB Portfolio
HB Portfolio Ltd has informed BSE that the members at the 13th Annual General Meeting (AGM) of the Company held on August 22, 2008, inter alia, were transacted the following business: 1. Adoption of the Audited Accounts (Balance Sheet, Profit & Loss Account and the Schedules attached thereto) for the year ended March 31, 2008 together with the Reports of Auditors thereon. 2. The dividend recommended by the Board of Directors @ 20% was declared on the equity shares. 3. Mr. R K Bhargava & Mr. J M L Suri, who retired by rotation at the aforesaid annual general meeting was reappointed as directors of the Company. 4. M/s. P Bholusaria & Co. Chartered Accountants, the statutory auditors of the Company were reappointed to hold office from the conclusion of the captioned annual general meeting until the conclusion of the next annual general meeting on a remuneration to be fixed by the board of Directors. 5. The resolution for approval of revision in remuneration of Mr. Anil Goyal, Managing Director of the Company w.e.f. April 01, 2007 was passed.
Source: BSE Date: 2008-08-27

Numeric Power Systems
Numeric Power Systems Ltd has informed BSE that the 13th Annual General Meeting (AGM) of the Company was held on August 14, 2008.
Source: BSE Date: 2008-08-27

Kohinoor Broadcast Corporation
Kohinoor Broadcasting Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 20, 2008, inter alia, has taken note of status of the implementation of the Project at Rajpura, Punjab.
Source: BSE Date: 2008-08-27

Nu Tek India Ltd
Trading Members of the Exchange are hereby informed that effective from August 27, 2008 , the equity shares of Nu Tek India Ltd (Scrip Code: 533015) are listed and admitted to dealings on the Exchange in the list of 'B' Group Securities. For further details please refer to the notice no 20080826-11 dated August 26, 2008.
Source: BSE Date: 2008-08-27

Southern Online Bio Technologies Ltd
Southern Online Bio Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 26, 2008, inter alia, has unanimously passed the following transactions: 1. Increase in Borrowing Powers of the Company from Rs 100 crores to Rs 279 crores. 2. Preferential Issue: The Board has approved subject to approval of the Shareholders at the AGM, to raise an amount upto Rs 28.49 Crores by way of preferential issue of 25,00,000 Equity Shares and 85,00,000 warrants convertible into Equity shares to others, at a price of Rs 25.90/- per share / warrant (including premium of Rs 15.90/- per share / warrant).
Source: BSE Date: 2008-08-27

Kayton Trade & Finance Ltd
Kayton Trade & Finance Ltd has informed BSE that the Shareholders at the 23rd Annual General Meeting (AGM) of the Company held on August 25, 2008, inter alia, have accorded to the following: 1. Approval of Accounts for the Year ended March 31, 2008. 2. Appointment of M/s. R Kabra & Co. Chartered Accountants, as a statutory auditors in place of M/s. Jain Baid & Associates, Chartered Accountants as retiring Auditors of the Company. 3. Appointment of Shri. Jagdish Mal Lodha, Shri. Deepak Bhandari & Shri. Hanuman Mal Tater as Directors of the Company, liable to retire by rotation.
Source: BSE Date: 2008-08-27

Kapashi Commercials
Kapashi Commercial Ltd has informed BSE that the members at the 23rd Annual General Meeting (AGM) of the Company held on August 26, 2008, inter alia, has been transacted the following business: 1. Adoption of the Balance Sheet as at March 31, 2008, Profit & Loss Account for the year ended on that date and Report of the Board of Directors' and Auditors' Report thereon and Secretarial Compliance Certificate. 2. Mr. Paresh S Kapashi & Mr. Sevantilal S Kapashi, who retired by rotation has been re-appointed as Directors of the Company. 3. M/s. D V Vora & Co., Chartered Accountants have been re-appointed as Auditors of the Company. 4. Increase in remuneration of Mr. Sevantial S Kapashi & Mr. Indukumar S Kapashi, Whole-Time Directors of the Company has been approved.
Source: BSE Date: 2008-08-27

Regency Trust
Regency Trust Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 31, 2008, Shri. Suresh Kumar Banka has resigned from the directorship of the Company and the same has been accepted.
Source: BSE Date: 2008-08-27

Parekh Dist
Parekh Distributors Ltd has informed BSE that the 13th Annual General Meeting (AGM) of the Company was held on August 25, 2008.
Source: BSE Date: 2008-08-27

Shree Ashtavinayak Cine Vision
Shree Ashtavinayak Cine Vision Ltd has informed BSE that the 7th Annual General Meeting (AGM) of the Company was held on August 26, 2008.
Source: BSE Date: 2008-08-27

HOV Services
HOV Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 26, 2008, has considered & approved the following: 1. Subject to the required regulatory approval transfer the equity shares of HOV Services, LLC (LLC) to HOVS Holdings Ltd. domiciled in Hong Kong (HOVS HK), a wholly owned subsidiary Company. 2. Obtain clearance from its Legal advisors, investment bankers and tax consultants for previously announced Material Transaction. It was decided to defer the approval till next board meeting to be hold after such advice has been obtained, expected in the next 60 days and thereafter shareholders approval in Extra Ordinary General Meeting.
Source: BSE Date: 2008-08-27

Visa Steel
Visa Steel Ltd has informed BSE regarding the minutes of the 12th Annual General Meeting (AGM) of the Company held on July 29, 2008.
Source: BSE Date: 2008-08-27

Omaxe
Omaxe Ltd has informed BSE that 5,00,000 options granted under Omaxe ESOP Plan Alpha had lapsed on August 01, 2008.
Source: BSE Date: 2008-08-27

Lanco Global Systems
Lanco Global Systems Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 25, 2008, inter alia, has taken the following decisions: 1. Recommended to the members: a) About reappointment of directors retiring by rotation. b) Appointment of Additional Directors as Regular Directors in the ensuing AGM pursuant to Notice received u/s 257 of the Companies Act, 1956. c) Amendment of Articles of Association. d) To grant borrowing powers to the Board u/s 293 (1) (d) of the Companies Act, 1956. e) For rising of funds through FCCB/GDR/QIB issue etc. (to recommend earlier resolution passed in the 8th AGM to revalidate the same) 2. Approved to set up branch offices abroad.
Source: BSE Date: 2008-08-27

Modern Dairies
Modern Dairies Ltd has informed BSE about the audited financial results for the year ended March 31, 2008.
Source: BSE Date: 2008-08-27

MIC Electronics
MIC Electronics Ltd has informed BSE regarding a Press Release dated titled "MIC goes places"
Source: BSE Date: 2008-08-27

SCB
Somi Conveyor Beltings Ltd has informed BSE that a meeting of the Board of Director of the Company will be held on September 01, 2008, to transact the following: 1. To consider and approve the Audited Balance Sheet as at March 31, 2008 together with Profit & Loss account and the Reports of the Directors & Auditors thereon. 2. To decide upon declaration of dividend for Financial year ending March 31, 2008. 3. To decide upon issue of Preferential Warrants. 4. To finalize the date for convening the Eight Annual General Meeting of the Company. 5. To approve the Draft Notice for convening Eight Annual General Meeting of the Company. 6. To take note of appointment of M/s. Mondkar Computers Pvt Ltd. as the Registrar and Share transfer Agent of the Company for the period of two years.
Source: BSE Date: 2008-08-27

Abhinav Capital Services
Abhinav Capital Services Ltd has informed BSE that the 14th Annual General Meeting (AGM) of the Company was held on August 25, 2008.
Source: BSE Date: 2008-08-27

Western Ministil
Western Ministil Ltd has informed BSE that the 34th Annual General Meeting (AGM) of the Members of the Company will be held on September 06, 2008.
Source: BSE Date: 2008-08-27

Latest BSE notices and Announcements

Mafatlal Dyes and Chemicals
Mafatlal Dyes & Chemicals Ltd has informed BSE that the given below are the details of the email id designated exclusively for grievance redressal division / compliance officer: cmomdc@rediffmail.com
Source: BSE Date: 2008-08-26

ASM Technologies
ASM Technologies Ltd has informed BSE that the given below are the details of the email i.d. designated exclusively for grievance redressal division / compliance officer: lakshmi.complianceofficer@asmltd.com
Source: BSE Date: 2008-08-26

Punjab Chemicals & Crop Protection
Punjab Chemicals & Crop Protection Ltd has informed BSE that the meeting of the Board of Directors of the Company which is scheduled to be held on August 29, 2008, the Board may also discuss, consider and explore acquiring Product Portfolio.
Source: BSE Date: 2008-08-26

NS Duncan
National Standard Duncan Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 29, 2008 to August 31, 2008 (both days inclusive) for the purpose of implementation of de-merger of the Company's business in accordance with the orders of Hon'ble BIFR, by issue of One fully paid Equity share of the Resulting Company to which the tyre mould business is being transferred under the Scheme of Arrangement (De-merger), for every three fully paid Equity Shares in National Standard Duncan Ltd.
Source: BSE Date: 2008-08-26

Sharp India
Sharp India Ltd has informed BSE that the Company have commenced the production of LCD TVs at its factory situated at Koregoan Bhima.
Source: BSE Date: 2008-08-26

National Mineral Development Corporation
With reference to the earlier announcement dated June 23, 2008, NMDC Ltd has informed BSE that the Government of India has conveyed its approval for "Appointed Date as June 30, 2008" for the purpose of Merger of Sponge Iron India Ltd, Hyderabad (SIIL) with NMDC Ltd, Hyderabad through acquisition of shares of SIIL by NMDC.
Source: BSE Date: 2008-08-26

Ramco Industries
Ramco Industries Ltd has informed BSE about the following: 1. The appointment of Shri. S A Bhima Raja, as a Director / Whole Time Director by the Board of Directors at the Board Meeting held on January 31, 2008 has been approved by the Share holders at the Company's 43rd Annual General Meeting (AGM) held on August 11, 2008. 2. Shri. M G Balasubramanian, who was a Director of the Company, has resigned from the Board and his resignation has been accepted with effect from August 19, 2008.
Source: BSE Date: 2008-08-26

Nissan Copper
Nissan Copper Ltd has informed BSE that Company has designated an E-mail ID query@nissancopper.com for grievance redressal division / Compliance Officer.
Source: BSE Date: 2008-08-26

GIP01
Gammon Infrastructure Projects Ltd has informed BSE that the email id of the Grievance redressal division is compliances@gammoninfra.com
Source: BSE Date: 2008-08-26

Diamines and Chemicals
Diamines & Chemicals Ltd has informed BSE that the designated Email Id of the grievance redressal division/compliance officer exclusively for the purpose of registering complaints by investor is: secretarial@dacl.co.in
Source: BSE Date: 2008-08-26

Bemco Hydraulics Ltd
Bemco Hydraulics Ltd has informed BSE that the given below are the details of the email id designated exclusively for grievance redressal division / compliance officer: isc@bemcohydraulics.net
Source: BSE Date: 2008-08-26

Kay Pulp and Paper Mills
Kay Power and Paper Ltd has informed BSE that the given below are the details of the email id designated exclusively for grievance redressal division / compliance officer: kaypulp1@vsnl.net
Source: BSE Date: 2008-08-26

Electrosteel Castings
Electrosteel Castings 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: BSE Date: 2008-08-26

Pennar Industries
Pennar Industries Ltd has informed BSE that the Company have received communication from M/s. J R Realtor Services Pvt Ltd, Hyderabad about their purchasing 1.3 crores shares in the Company which works out to 10.28% of the share capital of the Company.
Source: BSE Date: 2008-08-26

Shree Hari Chemical Exports
Shree Hari Chemicals Export Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 22, 2008, inter alia, has transacted the following businesses: 1. Recommendation for declaration of dividend @ 10%. 2. The Annual General Meeting of the Company shall be held on September 30, 2008.
Source: BSE Date: 2008-08-26

Appego
Apeego Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 04, 2008, inter alia, to consider the following business: 1. To consider the bonus issue to the equity shareholders of the Company. 2. To consider the enhancement of borrowing power limits under Section 293(1) (d) of the Companies Act, 1956. 3. To consider the enhancement of inter-corporate loans and investments limits under Section 372A of the Companies Act, 1956. 4. To fix up time, date and venue for convening the Extra Ordinary General Meeting of the members of the Company to consider above mentioned items.
Source: BSE Date: 2008-08-26

Zodiac-JRD-MKJ
Zodiac-JRD-MKJ Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 26, 2008, inter alia, has considered the 5% dividend.
Source: BSE Date: 2008-08-26

Elder Pharmaceuticals
Elder Pharmaceuticals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 26, 2008, inter alia, has recommended dividend @ 25%.
Source: BSE Date: 2008-08-26

Tatia Skylines and Health Farms
Ashram Online.Com Ltd has informed BSE that the given below are the details of the email id designated exclusively for grievance redressal division / compliance officer: tatia@vsnl.com
Source: BSE Date: 2008-08-26

Logix Microsystems
Logix Microsystems Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 05, 2008, inter alia, to transact the following: 1. Consideration of audited accounts for the Financial Year 2007-08 & convening of 13th Annual General Meeting. 2. Book Closure on September 30, 2008. 3. Preferential Issue of Shares towards acquisition of Add-on Auto LLC.
Source: BSE Date: 2008-08-26

Eicher Motors
With reference to the earlier announcement dated May 26, 2008 regarding the Company has signed the definitive agreements with AB Volvo, Sweden for formation of a Joint Venture Company ("JVC") through transfer of the existing Commercial Vehicle Business along with related Components and Design Services Business ("CV Business") to a step down subsidiary of the Company. For the aforesaid transaction, the approval of the shareholders was obtained through postal ballot on March 15, 2008,Eicher Motors Ltd has now informed BSE that pursuant to receipt of all regulatory approvals, the closing under the definitive agreements referred above has occurred on August 22, 2008 and consequently the Company have now transferred the CV Business to VECV, the Joint Venture Company with effect from July 01, 2008, by way of a "slump sale" (as defined under Section 2 {42 C} of the Income Tax Act, 1961) on a 'going concern' basis.
Source: BSE Date: 2008-08-26

Interlink Petroleum
Collins Stewart Inga Pvt Ltd ("Manager to the Offer") on behalf of Jit Sun Investments Pte Ltd & Mr Vijay Misra ("Acquirers") along with Ms. Haripriya Misra and Vijay Misra & Sons HUF ("PAC") has issued this Corrigendum to the Public Announcement to the Equity Shareholders of Interlink Petroleum Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the Original Public Announcement ("PA") published on June 25, 2008, Corrigendum to Public Announcement issued on August 01, 2008 and the Letter of Offer issued/mailed to the eligible shareholders of Target Company on August 04, 2008, in compliance with Regulation 10, 12 and other applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto ('Regulations') The Shareholders of the Target Company should not the following updates with respect to PAs and Letter of Offer. Appointment of Directors on the Board of Target Company 1. The Acquirers and PACs having being deposited 100% of the maximum consideration payable under the Offer i.e. Rs 6,35,88,140/- (Rupees Six Crores Thirty Five Lakhs Eighty Eight Thousand One Hundred Forty only) in Escrow Account with HDFC Bank Ltd, Fort Brach, Mumbai 400023, has sought an appointment of Mrs Vijay Misra, Mr Lee Chye Cheng Adrian and Mr Lal Kal Jain Michael as Additional Director on the Board of the Target Company in terms of the second proviso to regulation 22(7) of the Regulations. 2. Consequent to above, Mr Vijay Misra and Mr Lee Chye Cheng Adrian & Mr Lai Kai Jin Michael has been appointed as Additional Director by the Board of Directors of the Target Company with effect from July 31, 2008 and August 21, 2008 respectively. Further, Mr Bikas Chandra Bora has also been appointed as Additional Director of the Target Company and also Ms Shaila Kartha, Mr Vyatcheslav Michali Gryzin, Mr Vladimir Baiburin and Mr Alexei Kossilov have resigned from the post of Director with effect from July 31, 2008. All the other terms and conditions remain unchanged.
Source: BSE Date: 2008-08-26

Indo Rama Synthetics (India)
With reference to the earlier announcement dated August 11, 2008 about temporary shut-down of its Polyester Plant until 3rd week of August, 2008 due to incidence of inordinately high raw material prices, Indo Rama Synthetics India Ltd has informed BSE that the operations have since been resumed in its Polyester Plant in a phased manner from August 25, 2008 onwards and the full production in all lines will be restored gradually.
Source: BSE Date: 2008-08-26

Tatia Financial Services
Tatia Financial Services Ltd has informed BSE that the given below are the details of the email id designated exclusively for grievance redressal division / compliance officer: tatia@vsnl.com
Source: BSE Date: 2008-08-26

Vikas Profin
Vikas Profin Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 29, 2008, inter alia, to consider and take on record the following: 1. Application to the ROC, Delhi & Haryana for seeking extension of time for holding Annual General Meeting for year ended March 31, 2008. 2. To consider the charters of Audit Committee, Shareholders Grievance Committee, Remuneration Committee and Risk Management Committee. 3. Reconstitution of Audit Committee. 4. Reconstitution of Shareholders Grievance Committee. 5. To constitute the remuneration committee. 6. To constitute the risk management committee. 7. To consider the change of name of the Company. 8. Payment of sitting fee to directors. 9. To take note of notices of disclosure of interest by the directors of the Company.
Source: BSE Date: 2008-08-26

Panchsheel Organics
Panchsheel Organics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 28, 2008, inter alia, to transact the following business: 1. To consider and take on record the Audited Financial Results for the year ended March 31, 2008. 2. To consider and approve draft notice, fix date and place for calling of the Annual General Meeting of the Company. 3. To consider issue of further equity shares on preferential basis.
Source: BSE Date: 2008-08-26

Abhinav Capital Services
Abhinav Capital Services Ltd has informed BSE that the Company's Email ID for grievance redressal division / compliance officer exclusively for the purpose of registering complaints by investor is "complaint@abhinavcapital.com
Source: BSE Date: 2008-08-26

Interlink Petroleum
Interlink Petroleum Ltd has informed BSE that the Board of Directors have appointed Mr. Lai Kaijin Michael and Mr. Lee Chyecheng Adrian as Directors of the Company effective from August 21, 2008.
Source: BSE Date: 2008-08-26

Sturdy Industries
Sturdy Industries Ltd has informed BSE that the Official Email ID of the investor grievance division: chemiplast@yahoo.com
Source: BSE Date: 2008-08-26

Vallabh Steels
Vallabh Steels Ltd has informed BSE that the given below are the details of the email i.d. designated exclusively for grievance redressal division / compliance officer: fin.ho@vallabhgroup.com
Source: BSE Date: 2008-08-26

Latest NSE notices and announcements

The following are the latest NSE Announcements

Electrosteel Castings
Electrosteel Castings 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: 2008-08-26

Corporation Bank
Corporation Bank 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: 2008-08-26

Dhunseri Tea and Industries
Dhunseri Tea & Industries Limited 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: 2008-08-26

Indo Rama Synthetics (India)
Indo Rama Synthetics (India) Limited had informed the Exchange earlier about temporary shut-down of Polyester Plant until 3rd week of August, 2008 due to incidence of inordinately high raw material prices. Now company has informed the Exchange that the operations have since been resumed in Polyester Plant in a phased manner from August 25, 2008 onwards and the full production in all lines will be restored gradually.
Source: NSE Date: 2008-08-26

Chambal Fertilisers and Chemicals
Chambal Fertilizers & Chemicals 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: 2008-08-26

Elder Pharmaceuticals
Elder Pharmaceuticals Limited has submitted to the Exchange the brief summary of the comparative financial results for the years ended on March 31, 2008 and March 31, 2007. 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: 2008-08-26

ICRA
Icra Limited has submitted to the Exchange the Minutes of the Annual General Meeting of the Company held on July 29, 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: 2008-08-26

Elder Pharmaceuticals
Elder Pharmaceuticals Limited has informed the Exchange that the Board Meeting was held on August 26, 2008 and the following decisions were taken at the said Board meeting: (1) To hold the Annual General Meeting of the Company on September 30, 2008. (2) To recommend for consideration of shareholders' declaration of dividend @ 25%. (3) To keep transfer books closed from September 22, 2008 to September 30, 2008 ( both days inclusive).
Source: NSE Date: 2008-08-26

Infomedia India
Infomedia India Limited has informed the Exchange that "The Company has appointed following additional Directors at its meeting held on August 21, 2008:(1) Mr. Raghav Bahl - Chairman(2) Mr. Haresh Chawla - Managing Director(3) Mr. Sanjeev Manchanda - Director(4) Mr. Manoj Mohanka - Director(5) Mr. Sai Kumar - Director(6) Mr. Senthil Changalvaryan - Director. Further the Board has also accepted resignations of the following Directors effective August 21, 2008:(1) Ms. Renuka Ramnath - Chairperson(2) Mr. Prakash Iyer - Managing Director(3) Mr. M. J. Subbaiah - Director(4) Mr. James A. Casella - Director(5) Mr. Sanjay Asher - Director(6) Mr. Vijay Kumar - Director. However Mr. Prakash Iyer would continue as CEO of the Company."
Source: NSE Date: 2008-08-26

PBA Infrastructure
Pba Infrastructure Limited has informed the Exchange that the Book Closure date would be from September 22, 2008 to September 26, 2008 (both the days inclusive) for the purpose of Dividend and Annual General Meeting. The date of Annual General Meeting is September 26, 2008. The Company further informs that the dividend at the rate of Rs. 2/- per equity share of the face value of Rs. 10/- each as recommended by the Board of Directors in its meeting held on August 14, 2008, would be paid to the shareholders, if approved, at the Annual General Meeting
Source: NSE Date: 2008-08-26

Saregama India
Saregama India Limited has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the members of the Company held on July 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: 2008-08-26

PTC India
Ptc India Limited has informed the Exchange that the following changes in the Directorships of PTC has taken place:(1) Shri Satnam Singh has ceased to be a Director of PTC w.e.f August 07, 2008. (2) Shri M.K. Goel has joined as Director of PTC w.e.f August 08, 2008.
Source: NSE Date: 2008-08-26

Sakuma Exports
Sakuma Exports Limited has informed the Exchange regarding the proceedings of the Annual General Meeting of the Shareholders of the Company held on August 20, 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: 2008-08-26

Zodiac-JRD-MKJ
Zodiac Jrd- Mkj Ltd has informed the Exchange that the Board of Directors of the Company at their meeting held on August 26, 2008, have approved Audited statement & Audited Account for the year ended March 31, 2008 & consider the 5% dividend. The Company further informs that the Annual General Meeting will be held on September 27, 2008 and the Register of Members and the Share Transfer Book will be closed from September 18, 2008 to Septemer 27, 2008 (both days inclusive) for the purpose of Annual General Meeting and Dividend.
Source: NSE Date: 2008-08-26

Bharti Airtel
Bharti Airtel Limited has informed the Exchange that Allotment Committee of Board of Directors of Bharti Airtel Limited, in its meeting held on August 26, 2008, has allotted 42,400 Equity Shares to the employees upon exercise of stock options pursuant to ESOP Scheme 2005 of the Company. 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: 2008-08-26

Siyaram Silk Mills
Siyaram Silk Mills Ltd has informed the Exchange regarding the outcome of Annual General Meeting held on August 23, 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: 2008-08-26

Dhanalakshmi Bank
The Dhanalakshmi Bank Ltd. has informed the Exchange that the Annual General Meeting is scheduled to be held on the September 27, 2008 and the Register of Members will remain closed from September 13, 2008 to September 27, 2008 (both days inclusive) for the purpose of the Annual General Meeting and payment of dividend, if declared.
Source: NSE Date: 2008-08-26

Sanwaria Agro Oils
Sanwaria Agro Oils Limited has informed the Exchange that the company has launched its edible oil Brand "Narmada" in 1/2Ltr Pouches under thrust on branding undertaken by the company. The brand is already available into 1 ltr. pouch, 1 ltr. pet bottle and 2 ltr. to 15 ltr. packings.
Source: NSE Date: 2008-08-26

ITC
Itc 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 July 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: 2008-08-26

Hindustan Composites
Hindustan Composites Ltd has informed the Exchange that: "The Board of Directors of the Company has: (1) Re-appointed Mr. V.D. Ingle, Executive Director (Manufacturing) upto 31st March 2009, w.e.f. 9th August 2008; and (2) Re-appointed Mr. Vinay Sarin as Executive Director (Marketing) further for a period of 1 year w.e.f 9th August 2008; subject to the approval of members of the Company in their general meeting."
Source: NSE Date: 2008-08-26

Ador Welding
Ador Welding Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company and a copy of the Chairman's Speech (Statement) delivered at the Annual General Meeting of the company held on July 29, 2008. A copies 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: 2008-08-26

Pricol
Pricol Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on August 08, 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: 2008-08-26

Mukand
Mukand Limited has submitted to the Exchange a copy of quarterly publication of the Company - " Quarterly Update - Q1 FY 09 " circulated to all the shareholders of the Company. 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: 2008-08-26

Kale Consultants
Kale Consultants Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company will remain closed from September 15, 2008 to September 24, 2008 (both days inclusive) for the purpose of dividend and Annual General Meeting of the Company. The Annual General Meeting of the Company will be held on September 24, 2008.
Source: NSE Date: 2008-08-26

Ansal Properties & Infrastructure
Ansal Properties & Infrastructure Limited has informed the Exchange that decisions by way of passing of Special / Ordinary Resolutions, have been taken by the members of the Company by Voting through Postal Ballot process, the result of which has been declared on August 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: 2008-08-26

Indian Overseas Bank
Indian Overseas Bank has informed the Exchange that: "The Board of our Bank has today ratified the issue of Unsecured, Redeemable, Non Convertible Subordinated bonds (Series XII) aggregating to Rs. 300 Crore, raised on 20.08.2008 and 21.08.2008 on private placement basis after approval of our CMD. The deemed date of allotment for the issue was 22.08.2008. The Board has today also ratified the issue of Unsecured, Redeemable, Non Convertible Subordinated (Upper Tier II) Bonds (Series II) aggregating to Rs. 700 crore (to be raised shortly)."
Source: NSE Date: 2008-08-26

Upper Ganges Sugar
Upper Ganges Sugar & Industries Ltd has informed the Exchange vide its letter dated August 26, 2008 regarding the press release dated August 22, 2008, titled "Upper Ganges Sugar & Industry Limited declares its Audited annual Financial Results for the year ended June 30, 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: 2008-08-26

Century Textiles and Industries
Century Textiles & Industries Ltd has submitted to the Exchange the Minutes of Annual General Meeting of the Company held on July 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: 2008-08-26

Nava Bharat Ventures
Nava Bharat Ventures Limited has informed the Exchange that the Company's Sugar Division received "National Award for Excellence in Energy Management 2008" as an Excellent Energy Efficient Unit for the second consecutive year. The project implemented by the Sugar Division has also been recognized as an "Innovative Project" by Confederation of Indian Industry.
Source: NSE Date: 2008-08-26

Solar Explosives
Solar Explosives Limited has informed the Exchange that "Solar Explosives bags Coal mining and selling rights for 80m tonnes in Chhattisgarh" . 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: 2008-08-26