Wednesday, October 8, 2008

NSE notices 8 October, 2008


Latest NSE announcements and notices from Stockinvest.in



Kotak Mutual Fund - Gold Exchange Traded Fund

Kotak Mahindra Mutual Fund (Investment Managers - Kotak Mahindra Asset Management Co. Ltd) has informed the Exchange that the Net Asset Value (per unit) of Kotak Gold ETF as on October 07, 2008 is Rs. 1365.5906.

Source: NSE Date: 8th-Oct-2008

Pantaloon Retail

Pantaloon Retail (India) Ltd. has informed the Exchange that the share transfer books and members’ register of the Company will be closed from November 07, 2008 to November 10, 2008 (both days inclusive) for the purpose of determining the eligibility of shareholders for issue of fully paid up equity shares with Differential Rights viz. Class B Shares (Series 1) as bonus shares and also for the purpose of Annual General Meeting as well as determining eligibility of shareholders entitled to dividend to be declared at Annual General Meeting. The Annual General Meeting of the Company will be held on November 10, 2008.

Source: NSE Date: 8th-Oct-2008

Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund (Investment Managers - Kotak Mahindra Asset Management Co. Ltd) has informed the Exchange that the Net Asset Value (per unit) of Kotak PSU Bank ETF as on October 07, 2008 is Rs. 205.6885.

Source: NSE Date: 8th-Oct-2008

Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund (Investment Managers - Kotak Mahindra Asset Management Co. Ltd) has informed the Exchange that the Net Asset Value (per unit) of Kotak PSU Bank ETF as on October 07, 2008 is Rs. 205.6885.

Source: NSE Date: 8th-Oct-2008

ICICI Bank

Members of the Exchange are hereby informed that the trading in the November 2001 Regular Income - Option I, II and III, Symbol - ICICI1201, Series - N5, N6 and N7 of ICICI Bank Ltd. (issued by erstwhile ICICI Ltd.) shall be suspended w.e.f. November 17, 2008 on account of final redemption.

Source: NSE Date: 8th-Oct-2008

Ponni Sugars (Erode)

Ponni Sugars (Erode) Limited has informed the Exchange that ICRA Limited has assigned the following Credit Ratings for the Term Loan facilities availed by the Company from its Bankers: (1) Nature of facility: Short Term Loan facilities of Rs.9 crores (and Additional Short Term Loan within Rs.25.50 crores sanctioned Bank Limits for Fund based facilites); Credit rating assigned: “A2″ (A Two); Rating details: Above average credit quality rating assigned by ICRA to short-term debt instruments carrying higher credit risk than instruments rated A1. (2) Sactioned Bank Limit for: a) Term Loan facilities of Rs.21.10 crores b) Fund based limit of Rs.25.50 crores c) Non fund based limit of Rs.2 crores; Credit rating assigned: “LBBB” (L Triple B); Rating details: Moderate credit quality rating assigned by ICRA which carries higher than average credit risk.

Source: NSE Date: 8th-Oct-2008

Mphasis

Mphasis Limited has informed the Exchange that: “The exercise of the following stock options have been approved by the ESOP Committee of the Company: a) Scheme : 1998 Plan Version I & II - Options Exercised : Nil; b) Scheme : ESOP 2000 Plan - Options Exercised : 904; c) Scheme : ESOP 2003 Plan - Options Exercised : Nil; d) Scheme : ESOP 2004 Plan - Options Exercised: Nil; e) Total Options Exercised : 904. The terms and time period of exercise of the stock options is as per the relevant ESOP Schemes”.

Source: NSE Date: 8th-Oct-2008

HOV Services

Hov Services Limited has informed the Exchange that the Compensation & Remuneration Committee of the Board of Directors of the Company in its Meeting held on October 08, 2008, has granted Employee Stock Options as below pursuant to the the HOVS Stock Option Plan 2007. Particulars: To the eligible new employees of the subsidiaries; No. of Options: 55,000; Total No. of Options: 55,000.

Source: NSE Date: 8th-Oct-2008

Geometric

Geometric Limited has informed the Exchange regarding a press release dated October 08, 2008, titled “CAMWorks wins Readers’ Choice Awards 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: 8th-Oct-2008

Nissan Copper

Nissan Copper Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on September 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: 8th-Oct-2008

HOV Services

Hov Services Limited has informed the Exchange that “The Board of Directors of the Company in its meeting held on October 8, 2008 had resolved to empower the Steering Committee consisting of the Independent Directors to continue the negotiation with the buyer, to remove any variability in purchase consideration linked to the share price of the Company and any other contingency. The Board had viewed the Letter of Intent of the buyer. Valuation Report, draft of the Fairness Opinion and fully concurs with the documents and keeping in view the present market conditions, decided to postpone the Transaction in the best interest of the shareholders’ till further notice”.

Source: NSE Date: 8th-Oct-2008

Ranbaxy Laboratories

Hov Services Limited has informed the Exchange that “The Board of Directors of the Company in its meeting held on October 8, 2008 had resolved to empower the Steering Committee consisting of the Independent Directors to continue the negotiation with the buyer, to remove any variability in purchase consideration linked to the share price of the Company and any other contingency. The Board had viewed the Letter of Intent of the buyer. Valuation Report, draft of the Fairness Opinion and fully concurs with the documents and keeping in view the present market conditions, decided to postpone the Transaction in the best interest of the shareholders’ till further notice”.

Source: NSE Date: 8th-Oct-2008

Oriental Trimex

Oriental Trimex 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 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: 8th-Oct-2008

Sasken Communication Technologies

Sasken Communication Technologies Limited has informed the Exchange that pursuant to the public announcement dated April 18, 2008 Sasken Communication Technologies Limited commenced from September 15, 2008, its Scheme of Buyback of Equity Shares of the face value of Rs.10/- each fully paid-up, from its shareholders. The following are the details of the equity shares extinguished upto September 30, 2008 : (1) Equity share capital before the said extinguishment (No. of shares) : 28,560,793. (2) No. of shares extinguished/cancelled/destroyed : 325,918. (3) Equity share capital after the said extinguishment (No. of shares) : 28,234,875.

Source: NSE Date: 8th-Oct-2008

Share market investment ideas and latest hot stock picks from Stockinvest.in

BSE notices 8 October, 2008

Latest BSE announcements and notices from Stockinvest.in

GVK Power & Infrastructure
With reference to the earlier announcement dated October 07, 2008 regarding the Company has divested its entire equity holding in GVK Aviation Pvt. Ltd, a wholly owned subsidiary of the Company, which is engaged in the business of aviation, owning and chartering of private aircrafts and helicopters, GVK Power & Infrastructure Ltd has now informed BSE that the Company understand that the above disclosure is being wrongly perceived as divestment of equity by GVK in Mumbai International Airport Pvt. Ltd, a SPV formed for operating, managing and developing the Chhatrapati Shivaji International Airport, Mumbai. In this regard, the Company clarify and confirm that GVK continues to hold 37% equity in Mumbai International Airport Pvt. Ltd.

Source: BSE Date: 8th-Oct-2008

Hindalco Industries
Hindalco Industries Ltd has informed BSE that the Company have informed by its one of the promoter M/s. IGH Holding Pvt. Ltd that they on October 07, 2008 have acquired 21,88,462 (Twenty One Lacs Eighty Eight Thousand Four Hundred Sixty Two only) Equity shares of Hindalco Industries Ltd from the Stock Exchanges.

Source: BSE Date: 8th-Oct-2008

Arrow Coated Products
Arrow Coated Products Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 30, 2008.

Source: BSE Date: 8th-Oct-2008

IT People India
IT People India Ltd has informed BSE that the withdrawal of the Scheme of merger with the Marketplace Technologies and IT People India Ltd filed with the Hon. High Court of Mumbai. However, the Scheme of Merger with Orient Information Technology Ltd and IT People India Ltd will happen and is in the process of approval with the Honorable High Court of Judicature Mumbai.

Source: BSE Date: 8th-Oct-2008

Zensar Technologies
Zensar Technologies Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on July 23, 2008.

Source: BSE Date: 8th-Oct-2008

Sanghi Polyesters
Sanghi Polyesters Ltd has informed BSE about the Unaudited financial results for the Quarter ended September 30, 2008.

Source: BSE Date: 8th-Oct-2008

Bharat Heavy Electricals
Bharat Heavy Electricals Ltd (BHEL) 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 take on record the Unaudited Financial Results of the Company for the quarter ended September 30, 2008 (Q2).

Source: BSE Date: 8th-Oct-2008

Noida Medicare
Noida Medicare Centre Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 14, 2008, to issue and allot 50 lakhs warrants by way of preferential allotment to promoters and other independent private investors and also issuance and allotment of 12 lakhs fully paid equity shares on preferential basis to Stressed Assets Stabilization Fund (SASF) & IFCI Ltd. respectively as per their terms and conditions for settling the outstanding dues of the Company as per the provisions of chapter XIII A of SEBI (DIP) guidelines 2000.

Source: BSE Date: 8th-Oct-2008

Ranbaxy Laboratories
Ranbaxy Laboratories Ltd has informed BSE that the U S Department of Justice has now been provided with a comprehensive set of audit documents based on instructions by Ranbaxy Laboratories Ltd, which will help resolve the questions raised by the U S government about the Company’’s business practices and standards. Ranbaxy remains confident that its pharmaceutical products are sale and effective and remains committed to cooperatively working with all regulatory and legislative authorities.

Source: BSE Date: 8th-Oct-2008

Ckoramaandel Cements
Ckoramaandel Cements Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 08, 2008, inter alia, has decided and resolved the following: 1. The Board has Allotted 20,00,000 Warrants of Rs 10/- each at a premium of Rs 230/- each to the promoters, convertible into 20,00,000 Equity Shares of Rs 10/- each. 2. To Board has approved the Proposal for Enhancement of Borrowing Powers from Rs 600.00 Crores to Rs 1500.00 Crores and authorized Board, subject to approval of members, to create Mortgage / Charge on Company’’s assets. 3. The Board has considered and approved the proposal for going for postal ballot for obtain the consent of the Members through Postal Ballot Procedure.

Source: BSE Date: 8th-Oct-2008

Geometric
Geometric Ltd has informed BSE regarding a Press Release dated October 08, 2008 titled “CAMWorks wins Readers’ Choice Awards 2008″. CAMWorks, the CAM programming software from Geometric Technologies, Inc. (formerly Teksoft, Inc.), a subsidiary of Geometric Ltd and an industry leader in developing advanced manufacturing software, received Modern Application News (MAN) Readers’ Choice Award 2008 in the CAD / CAM category.

Source: BSE Date: 8th-Oct-2008

Southern Latex
Southern Latex Ltd has informed BSE about the Unaudited financial results for the Quarter & Year ended March 31, 2008.

Source: BSE Date: 8th-Oct-2008

HOV Services
HOV Services Ltd has informed BSE that the Compensation & Remuneration committee of the Board of Directors of the Company, at its meeting held on October 08, 2008, inter alia, has granted Employee Stock Options as below pursuant to the HOVS Stock Option Plan 2007 : - Particulars: To the eligible new employees of the subsidiaries: - No. of Options : 55,000.

Source: BSE Date: 8th-Oct-2008

Ahlcon Parenteral (India)
Ahlcon Parenterals India Ltd has informed BSE that the members at the 16th Annual General Meeting (AGM) of the Company held on September 30, 2008, inter alia, have accorded to the following: 1. Adoption of the Audited Balance Sheet of the Company as at March 31, 2008, and Profit & Loss Account for the year ended on that date together with Reports of the Board of Directors and the Auditors thereon. 2. Final dividend of 15% was declared on Equity shares of the Company having a face value of Rs 10 each. 3. Dr. Rohini Ahluwalia, Dr. S C L Gupta and Mr. Bikramjit Ahluwalia, retiring directors of the Company were reappointed. 4. Re-appointment of M/s. Arun K Gupta & Associates, Chartered Accountants, as Statutory Auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions. 5. Approved the Increase of Remuneration of Dr. Rohini Ahluwalia, Executive Vice Chairperson, and Whole Time Director of the Company.

Source: BSE Date: 8th-Oct-2008
Share market investing ideas and hot stock picks from Stockinvest.in