Corporate announcements

Network18 Media & Investments Limited has informed the Exchange that the Hon'ble High Court of Delhi on April 26, 2011 has heard and approved the Scheme of Arrangement, between Television Eighteen India Limted, IBN18 Broadcast Limited, Network18 Media & Investments Limited and other group companies and their repective Shareholders and Creditors.

Ibn18 Broadcast Limited has informed the Exchange that the Hon'ble High Court of Delhi on April 26, 2011 has heard and approved the Scheme of Arrangement, between Television Eighteen India Limted, IBN18 Broadcast Limited, Network18 Media & Investments Limited and other group companies and their repective Shareholders and Creditors.

Television Eighteen India Limited has informed the Exchange that the Hon'ble High Court of Delhi on April 26, 2011 has heard and approved the Scheme of Arrangement, between Television Eighteen India Limted, IBN18 Broadcast Limited, Network18 Media & Investments Limited and other group companies and their repective Shareholders and Creditors.

Infotech Enterprises Limited has informed the Exchange that the Hon'ble High Court of Andhra Pradesh has sanctioned the Scheme of Amalgamation of TTM Institute of Information Technology Pvt. Ltd with Infotech Enterprises Ltd Under sections 391 & 394 of the Companies Act, 1956.

Polaris Software Lab Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on April 28, 2011 has approved a Scheme of Amalgamation & Merger between Polaris and SFL Properties (P) Limited, a wholly owned subsidiary of Polaris.The Board of Directors of the Polaris at its meeting held on April 28, 2011 has approved a Scheme of Amalgamation & Merger between Polaris and Laser Soft Infosystems Ltd, (Laser Soft) a subsidiary of Polaris. Polaris is holding nearly 99.29% of equity shares of Laser Soft. This merger is being planned in order to synergize the ope

Siemens Limited has informed the Exchange that the 'Scheme of Amalgamation' of the Company's Wholly-owned subsidiary i.e."Siemens Rolling Stock Pvt. Ltd.," (SRSPL), Mumbai with the Company (Siemens Ltd) has been sanctioned on April 27, 2011 by the Hon'ble High Court of Judicature at Bombay. As per the Scheme of Amalgamation, the "Appointed Date" is October 01, 2009. The said amalgamation will be effective only after the certified copy of the Order of the said High Court is filed with the Registrar of Companies.

Wipro Limited has informed the Exchange that pursuant to filing of eform 21 on February 28, 2011 and April 26, 2011 along with certified copies of orders of the High Court of Karnataka and High Court of Maharashtra with the respective Offices of the Registrar of Companies, Wipro Yardley Consumer Care Private Limited, a subsidiary company of Wipro Limited, stands amalgamated with Wipro Limited. The merger comes into effect from the Appointed Date i.e. April 1, 2010.

Gtl Infrastructure Limited has informed the Exchange that the Equity Shareholders of the Company approved the Scheme of Arrangement between Chennai Network Infrastructure Limited and GTL Infrastructure Limited and their respective shareholders ("Scheme"). In the Court Convened Meeting of the Equity Shareholders of the Company held on April 25, 2011, 97.50% Equity Shareholders present in Person / Proxies, representing 99.998% of the value of Equity Shares held by them, voted in favour of the Scheme.

Hinduja Ventures Limited has informed the Exchange that High Court of Judicature at Mumbai has approved the Scheme of Amalgamation of HTMT Telecom Private Limited with Hinduja Ventures Limited on April 15, 2011, pursuant to section 391 to 394 of the Companies Act 1956.

Triveni Engineering & Industries Limited has informed the Exchange that the certified copy of the Order of the Hon'ble High Court of Judicature at Allahabad dated April 19, 2011 sanctioning the Scheme of Arrangement (Scheme) pursuant to Section 391-394 of the Companies Act, 1956, between Triveni Engineering & Industries Ltd. (Demerged Company), Triveni Turbine Ltd. (Resulting Company) and their respective shareholders & creditors has been obtained from the High Court of Judicature at Allahabad and filed electronically with the Registrar of Companies, UP, Kanpur (ROC) on April 21, 2011 and the

Euro Ceramics Limited has informed the Exchange that the Hon'ble High Court of Judicature at Bombay has approved the demerger of "Mumbai Realty Division" of Ethix Realtors Private Limited as a going concern with Euro Ceramics Limited, vide its order dated April 15, 2011 with effect from October 01, 2009.

Nagarjuna Fertilizer & Chemicals Limited has informed the Exchange that as per the order of Hon'ble High Court of Andhra Pradesh dated March 04, 2011 a Court convened meeting of the Members of the Company was held on April 15, 2011 and the composite Scheme of arrangement and amalgamation was approved by requisite majority.

Triveni Engineering & Industries Limited has informed the Exchange that the Hon'ble High Court of Judicature at Allahabad on April 19, 2011 has pronounced the judgment sanctioning the Scheme of Arrangement (Scheme) pursuant to Section 391-394 of the Companies Act, 1956, between Triveni Engineering & Industries Ltd. (Demerged Company), Triveni Turbine Ltd (Resulting Company) and their respective shareholders & creditors vide which the Steam Turbine Business (Demerged Undertaking) of the Demerged Company will be demerged into the Resulting Company with effect from the appointed date i.e. October

Banco Products (I) Limited has informed the Exchange that "The Company has made investment in 100% Equity shareholding of Lake Minerals (Mauritius) Limited, Mauritius by making investment of USD 25000 (250 Equity Shares of USD 100/- each) and accordingly, Lake Minerals (Mauritius) Limited, Mauritius has become 100% subsidiary of the Company w.e.f. 11.04.2011."

Mahindra & Mahindra Limited had informed the Exchange regarding the Hon'ble High Court of Judicature at Bombay on March 25, 2011 had approved the arrangement, embodied in the Scheme of Arrangement between Mahindra Shubhlabh Services Limited ("Demerged Company") and Mahindra and Mahindra Limited ("Resulting Company") and their respective Shareholders ("the Scheme"). The company has now informed the Exchange that the certified copy of Order sanctioning the Scheme from January 01, 2010 being the Appointed Date has been filed electronically with the Registrar of Companies, Maharashtra, Mumbai on A

Tulip Telecom Limited has informed the Exchange that "Pursuant to extant SEBI guidelines issued by SEBI vide Regulation 11(2) of SEBI(Substantial Acquisition of Shares and Takeovers) Regulations, 1997, as amended from time to time, we wish to inform you that; (1) the Promoters of the Company through one of the promoter holding company, i.e. M/s Cedar Infonet Private Limited, have acquired/bought further 141,968 equity shares constituting 0.098% of the issued share capital of the company from the open market. (2) consequent to the purchase of above additional shares, the holding of M/s Cedar In

Tata Steel Limited has informed the Exchange that the Board of Directors of the Company and Centennial Steel Company Limited (CSCL) have at their respective meetings held on April 12, 2011 approved amalgamation of CSCL with the Company with effect from April 01, 2011. This is subject to and conditional upon requisite approvals and sanction being received thereof, including approvals and orders under Sections 391 and 394 of the Companies Act, 1956, as may be required.

Surana Industries Limited has informed the Exchange that Surana Industries Limited, have on March 14, 2011, acquired 15000001 Equity Shares of Singapore Dollars One each, of Surana Mines and Minerals Pte Limited, Singapore (Company incorporated in Singapore), constituting 100% of their paid up equity share capital, for a total purchase consideration of Indian Rupees 52.65 crores (approximately as on April 07, 2011 conversion rate), from M/s. Surana Power Limited (which is a 100% subsidiary of the Company). The consideration will be paid in due course and exact amount will be the conversion rat

Areva T&D India Limited has informed the Exchange that the Board of Directors of the Company, at its meeting held on April 11, 2011 have in principle decided for Demerger of the Distribution Business of the Company, to its wholly owned subsidiary viz. Smartgrid Automation Distribution and switchgear Limited. As per terms, the appointed date is April 01, 2011 and the indicative fair exchange ratio in principle determined by the Valuers is:- "For every 1 (one) Equity Share of face and paid up value of Rs.2/- (two) held in AREVA T&D India Ltd., 1 (one) Equity Share of face and paid up value of Rs

Deccan Chronicle Holdings Limited has informed the Exchange vide its letter dated April 11, 2011 that the High Court of Andhra Pradesh vide its Order dated March 09, 2011 has sanctioned the Scheme of Amalgamation for merger of company's wholly owned subsidiary Netlink Technologies Ltd. with itself.

Simbhaoli Sugars Limited has informed the Exchange that the Board of Directors of the Company ('Simbhaoli Sugars' or 'the Transferor Company'), by way of resolution by circulation considered and approved the Scheme of Arrangement ('the Scheme') for transfer and vesting of SDD Alcohol Undertaking of the Company as defined in Clause 1.11 of the Scheme to Simbhaoli Spirits Ltd ('Simbhaoli Spirits' or 'the Transferee Company') as per terms and conditions mentioned therein and in accordance with Sections 391 to 394 of the Companies Act, 1956. The salient Features of the Scheme are as under: The App

Tulip Telecom Limited has informed the Exchange that "Pursuant to extant SEBI guidelines issued by SEBI vide Regulation 11(2) of SEBI(Substantial Acquisition of Shares and Takeovers) Regulations, 1997, as amended from time to time, we wish to inform you that M/s Cedar Infonet Private Limited, the promoter of the Company have bought 112,474 equity shares constituting 0.077% of the issued share capital of the company from the open market .Consequent to the purchase of above shares, the holding of M/s Cedar Infonet Private Limited, has been increased to 33.24% comprising 48,200,858 equity shares

3i Infotech Limited has informed the Exchange that the High Court of Judicature at Bombay has approved the merger of KNM Services Private Limited, Stex Software Private Limited and E-Enable Technologies Private Limited, three wholly owned subsidiaries of the Company with the Company. Futher, the High Court of the Judicature at Bombay has also approved the merger of Manipal Informatics Private Limited and Delta Services (India) Private Limited, step down subsidiaries of the Company with 3i Infotech Consultancy Services Limited, a wholly owned subsidiary of the Company. The mergers are effective

Educomp Solutions Limited has submitted to the Exchange a copy of Disclosure of Sale of Shares of the Company.

Idea Cellular Limited has informed the Exchange that : "This is with reference to the Scheme of Amalgamation of Spice Communications Limited with Idea Cellular Limited, approved by the Hon'ble High Court of Gujarat at Ahmedabad and Hon'ble High Court of Delhi at New Delhi vide their respective order(s) dated 26th November, 2009 and 5th February, 2010. The said Scheme of Amalgamation has been implemented fully by the Company, and pursuant to filing of the High Court Orders with the respective Registrar of Companies, erstwhile Spice Communications Limited has ceased to exist with effect from 1st

Cyber Media (India) Limited has informed the Exchange that the Hon'ble High Court of Delhi has sanctioned the scheme of arrangement for Amalgamation of CyberMedia India Online Limited, Cyber Media Digital Limited, Cyber Media Events Limited and Cyber Holding Limited with Cyber Media (India) Limited w.e.f. appointed date, April 01, 2009, vide its Order dated March 30, 2011.

Educomp Solutions Limited has submitted to the Exchange a copy of Disclosure of Sale of Shares of the Company.

Chemfab Alkalis Limited has informed the Exchange that the Hon'ble High Court of Madras has sanctioned the Scheme of Arrangement (Demerger) between Chemfab Alkalis Limited and Titanium Equipment and Anode Manufacturing Company Limited, vide its Order dated March 14, 2011.

Indiabulls Real Estate Limited has informed the Exchange that the Hon'ble High Court of Delhi at New Delhi has, vide order dated March 03, 2011, received on March 28, 2011, sanctioned the Scheme of Arrangement between Indiabulls Real Estate Limited ("the Company") and Indiabulls Wholesale Services Limited ("IWSL") and their respective shareholders and creditors.

Sita Shree Food Products Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on March 26, 2011 has decided to acquire 100% equity stake in M/s GG Real Estate Private Limited, Indore. Thereby this Company will become 100% subsidiary of M/s Sita Shree Food Products Limited.

Dish Tv India Limited had informed the Exchange regarding the Composite Scheme of Amalgamation and Arrangement between Dish TV India Limited and Agrani Satellite Services Limited and Integrated Subscriber Management Services Limited and their respective shareholders and creditors ('Scheme'). The company has now informed the Exchange that the Order under Section 394 of the Companies Act, 1956 passed by the Hon'ble High Court of Judicature of Delhi approving the Composite Scheme of Amalgamation and Arrangement between Dish TV India Limited and Agrani Satellite Services Limited and Integrated Sub

Reliance Infrastructure Limited has informed the Exchange that the Company had submitted an application to the Hon'ble Bombay High Court in April 2009 for internal reorganization of some of its businesses between the Company and its 100% owned subsidiaries, which was pending for implementation. In view of inter alia the considerable lapse of time of nearly 2 years and subsequent changes in the business environment, the proposal is no longer considered relevant and has been withdrawn on March 25, 2011 with the approval of the Hon'ble Bombay High Court. There is no impact on the profitability or

Mahindra & Mahindra Limited has informed the Exchange that the Hon'ble High Court of Judicature at Bombay on March 25, 2011 has approved the arrangement, embodied in the Scheme of Arrangement between Mahindra Shubhlabh Services Limited ("Demerged Company") and Mahindra and Mahindra Limited ("Resulting Company") and their respective Shareholders ("the Scheme"). The Scheme inter alia envisages demerger of the Agri Inputs Business alongwith other common assets and liabilities ("Non Fruit business") of Demerged Company into the Resulting Company and other consequential matters under the provisions

Tecpro Systems Limited has informed the Exchange that the Company has acquired the remaining 49% stake in Tecpro Trema Limited on March 17, 2011 thereby making it a wholly-owned subsidiary of the Company.

Godawari Power And Ispat Limited has informed the Exchange that "The Hon'ble High Court of Chhattisgarh at Bilaspur have sanctioned and confirmed the Scheme of amalgamation of M/s.Hira Industries Limited and M/s R.R. Ispat Limited with our Company namely GPIL vide its order dated March 17,2011 and certified copy received by the Company on March 19, 2011.The said Scheme of amalgamation as per the order of Hon'ble High Court, shall come into effect after filing of the certified copy of the said order with Registrar of Companies within 14 days from the date of receipt of Copy of the order. Pursua

Mangalore Chemicals & Fertilizers Limited has informed the Exchange that MCF International Limited, the wholly-owned subsidiary of the Company proposes to merge with the Company pursuant to a Scheme of Amalgamation filed with the Honourable High Court of Karnataka, Bangalore.

Tamilnadu Petroproducts Limited has informed the Exchange that the Board of Directors of Tamilnadu Petroproducts Limited ("Board") passed a resolution on March 16, 2011 approving the sale of 17,351,686 equity shares of Rs.10/- each (fully paid up) representing 14.90% of the paid up equity share capital of Henkel India Limited to Jyothy Laboratories Limited, Mumbai, at a price of Rs.35/- (Rupees Thirty Five) per equity share of Henkel India Limited by way of an off market transaction.

Jyothy Laboratories Limited has informed the Exchange that the Board of Directors of Jyothy Laboratories Limited("Board") met on March 16, 2011 and considered and approved the acquisition of 1,73,51,686 equity shares of Rs.10/- each (fully paid up) representing 14.90% of the paid up equity share capital of Henkel India Limited ("Shares") from Tamilnadu Petroproducts Limited at a price not exceeding Rs.35/- per equity share of Henkel India Limited.

Zuari Industries Limited has informed the Exchange that the Company has acquired 20,00,000 shares of Zuari Holdings Limited, a Company incorporated with the object to carry on the main business of investment. Consequently, Zuari Holdings Limited has become a 100% subsidiary of Zuari Industries Limited effective March 10, 2011.

Vardhman Textiles Limited has informed the Exchange vide its letter dated March 16, 2011 regarding "Scheme of Arrangement and Demerger between Vardhman Textiles Limited and Vardhman Special Steels Limited ("Scheme")".

Siemens Limited had informed the Exchange regarding the 'Scheme of Amalgamation' of Siemens Healthcare Diagnostics Ltd., Baroda (SHDL), with the Company has been sanctioned by the Hon'ble High Court of Judicature at Bombay (BHC) and the Hon'ble High Court of Gujarat (GHC) on January 28, 2011 and March 01, 2011,respectively. The Company has now informed the Exchange that the Company and SHDL, on March 14, 2011 filed a certified copy of Order of BHC and GHC, respectively, with the concerned Registrar of Companies. Accordingly, March 14, 2011 is the "Effective Date" of the said amalgamation. The

Suzlon Energy Limited has informed the Exchange that the Company have been informed by the Promoters of the Company that Vinod Ranchhodhbhai HUF and Sanman Holdings Private Ltd., persons forming part of the Promoter Group, have sold on March 14, 2011 total 4 crore (2 crore each) Equity Shares of Rs. 2 each of the Company, representing approximately 2.25% of the paid-up capital of the Company. Following this sale, the Promoter Group's holding in the Company stands reduced to 54.84% of the paid-up capital. Further, these shareholders of the Company have indicated to the Company that primary inte

Polyplex Corporation Limited has informed the Exchange that Polyplex (Asia) Pte, Ltd., a wholly owned subsidiary of the Company has, as of March 11, 2011, sold an additional 64 million shares (amounting to 8% stake) held in Polyplex (Thailand) Public Company Ltd., Thailand (PTL) through market transactions carried out on the Stock Exchange of Thailand since January 01, 2011. With these sales, the consolidated holding of Polyplex Group in PTL has reached 51.0%.

United Breweries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on March 11, 2011, have considered and approved the amalgamation of Chennai Breweries Private Limited (CBPL) into United Breweries Limited (UBL).Share Exchange Ratio: The share exchange ratios were recommended by two independent valuation experts i.e., Grant Thornton and SSPA & Co. Ambit Corporate Finance Private Limited shall be providing fairness opinions on the swap-ratios recommended by the independent valuation experts. As consideration for Amalgamation, UBL will issue shares

Abb Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on March 11, 2011 has approved a proposal of acquisition of operating businesses of the wholly owned Indian subsidiary of the ABB Group, Zurich, viz., ABB Global Industries and Services Limited (ABBGISL) for a consideration of Rs. 4000 million, as a slump sale on a going concern basis. This acquisition of operating business of ABBGISL ABB Limited has been made to have business synergies. The businesses which are proposed to be acquired are (a) Transformer Insulation - Boards and Components, (b)

Godrej Properties Limited has informed the Exchange that pursuant to approval of the Members in the Annual General Meeting of the Company held on July 17, 2010, the Company has now acquired the entire paid up share capital of Udhay GK-Realty Private Limited from HDFC Ventures Trustee Company Limited (in its Capacity as trustee of HDFC Property Fund organized as an irrevocable contributory trust under the Indian Trust Act, 1882, pursuant to an Indenture of trust dated November 6, 2004 investing through the scheme 'HDFC India Real Estate Fund).

Ballarpur Industries Limited had informed the Exchange that the Company had entered into a Share Purchase Agreement with Premier Tissues India Limited ("PTIL") and all its shareholders, for acquisition of entire paid up capital of PTIL, a Company engaged in business of manufacturing and trading of tissue paper and related products under the Brand names "Premier" and "Royal", either directly and/ or indirectly. The Company has now informed the Exchange that on March 09, 2011, the Company has acquired entire paid up capital of PTIL.

Educomp Solutions Limited has submitted to the Exchange a copy of disclosure of sale of Shares of the Company.

Sagar Cements Limited has informed the Exchange that the Scheme of Arrangement for the proposed merger of Amareswari Cements Limited with Sagar Cements Limited has been approved without any modification by the Equity Shareholders and Unsecured Creditors of the respective Companies at their meetings held on March 07, 2011 under the Chairman appointed by the Hon'ble High Court of Andhra Pradesh for the purpose. The above Scheme of Arrangement is subject to the confirmation in due course by the Hon'ble High Court of Andhra Pradesh.

Orient Abrasives Limited has informed the Exchange that at the separate meetings of the equity shareholders, secured creditors and un-secured creditors held on February 26, 2011, the scheme of demerger between Orient Abrasives Limited and Orient Refractoriers Limited was approved at the respective meetings with the requisite majority. The reports are being signed by the respective chairman & shall be filed with the honourable High Court of Delhi.