Corporate announcements

Morarjee Textiles Limited has informed the Exchange vide its letter dated March 08, 2010 that:"The Board of Directors of the Company at its meeting held today resolved that the Company should consider and evaluate the merger of its subsidiary Integra Apparels and Textiles Limited ('IATL') with the Company. IATL is engaged in the business of manufacturing of readymade garments for the domestic and international markets. Currently, the Company holds 94.31% of the equity capital of IATL .The Board suggested that valuers be appointed to determine the share exchange ratio and fair opinion on the va

Cambridge Solutions Limited has informed the Exchange that Xchanging Mauritius Limited, promoter of the Company has sold 27,000 shares at a price of Rs. 82.89 per share and another 7000 shares at a price of Rs. 82.57 per share in the open market on March 05, 2010.

Nicco Corporation Limited has informed the Exchange that at the meeting of Board of Directors of Nicco Corporation Ltd. held on March 06, 2010, the following item was discussed: The Board considered and approved in principle the entrance into the Scheme of Arrangement ("Scheme") between Nicco Corporation Limited ("NCL") and Nicco Engineering Services Limited ("NESL") subject to approval / consent of Shareholders, Lenders / CDR, Hon'ble High Court and other requisite parties / authorities as may be applicable. The Scheme contains a basic proposal for the amount of Rs 177.84 Lacs due to NESL fro

Transport Corporation Of India Limited has informed the Exchange vide its letter dated March 05, 2010 that the Company has since acquired 10,20,000 equity shares of Rs. 10/- each at par value representing 51% equity stake in a JV Company, viz., Infinite Logistics Solutions Pvt. Ltd. (ILSPL). The remaining 49% equity stake has been held by M/s. Container Corporation of India Ltd. (CONCOR), a Govt. of India Undertaking under Ministry of Railways. With this, ILSPL has become a subsidiary of the Company. The JV Company i.e. ILSPL looks forward to make use of core competencies of JV partners viz. T

Cambridge Solutions Limited has informed the Exchange that Xchanging Mauritius Limited, promoter of the Company has sold 23,000 shares at a price of Rs.83.48 per share in the open market on March 04, 2010.

Spice Mobiles Limited has informed the Exchange vide its letter date March 04, 2010 that "The Board of Directors of the Company today approved the following matters by passing resolutions through circulation: (1) Revised Scheme of Amalgamation of Spice Televentures Pvt. Ltd. with Spice Mobiles Limited through a Scheme of Amalgamation.(2) Raising of capital through Issuance of FCCB, GDR, QIP or other equity linked securities or securities convertible into equity, up to Rs. 700 Crores subject to shareholders and other necessary approvals."

Prism Cement Limited has informed the Exchange that "The Scheme of Amalgamation of H. &. R. Johnson (India) Limited and RMC Readymix (India) Private Limited with the Company is approved by the Hon'ble High Courts of Judicature at Bombay and Andhra Pradesh. All requisite formalities have been completed. The Scheme of Amalgamation is effective from March 3, 2010. The Appointed Date under the said Scheme is April 1, 2009. Necessary steps are being taken to implement the provisions of the Scheme of Amalgamation. We further wish to inform you that the Company's Board of Directors has, at its Meetin

Celebrity Fashions Limited has informed the Exchange vide its letter dated March 03, 2010 that "The Board of Directors of Celebrity Fashions at their meeting held today approved the demerger of the domestic business of the Company into Indian Terrain Fashions Limited (ITFL). The Board also accorded their approval for hiving off the Company's Bottoms Division to Celebrity Clothing Limited (CCL), a subsidiary of Celebrity Fashions Limited (CFL) by way of Slump Sale on a going concern basis. The demerger and hiving off would be in accordance with Scheme of Arrangement under Sections 391 to 394 of

Idea Cellular Limited has informed the Exchange that in connection with the Scheme of Amalgamation ('the Scheme') of Spice Communications Limited (hereinafter referred to as Spice) with Idea Cellular Limited (hereinafter referred to as Idea), sanctioned by the Hon'ble High Court of Delhi at New Delhi and the Hon'ble High Court of Gujarat at Ahmedabad, the Board of Directors of Idea have fixed March 12, 2010 as the 'Record Date' for the purpose of drawing up the list of shareholders of Spice to whom Equity Shares in Idea are to be issued and allotted pursuant to the said Scheme. The Court Order

Reliance Capital Partners has informed the Exchange vide its letter dated March 02, 2010 that: "Pursuant to Regulation 22(17) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (the "SEBI Takeover Regulations"), we bring to your attention that we have today, i.e. on March 02, 2010, purchased 11,830 equity shares constituting 0.03% of the equity share capital of Fame India Limited at an average price of Rs.82.10/- and a highest price of Rs.82.32/- per equity share through open market purchases on the normal segment on the Stock Exch

Banco Products (I) Ltd has informed the Exchange that "The process of acquisition of 100% Equity shareholding of NEDERLANDSE RADIATEURN FABRIEK B.V. - Netherlands, is completed and accordingly, NEDERLANDSE RADIATEURN FABRIEK B.V. - Netherlands and its subsidiaries has become 100% subsidiary of the Company w.e.f. 23.02.2010".

Basf India Ltd has informed the Exchange that: "The Hon'ble High Court of Judicature at Bombay has sanctioned the Scheme of Amalgamation of Ciba India Limited, Diamond Dye-Chem Limited and Ciba Research (India) Private Limited ("the Transferor Companies") with BASF India Limited ("the Transferee Company") on Friday, 26th February, 2010. We have filed the copy of the High Court Order with the Office of the Registrar of Companies, Mumbai on Saturday, 27th February, 2010 and the Scheme has become effective as on Saturday, February 27, 2010. Consequently all the Transferor Companies stands dissolv

Indus Fila Limited has informed the Exchange that: "The Hon'ble High Court of Karnataka has passed an order dated February 06, 2010, allowing the Merger of Tulip Apparels Private Limited with our Company".

Enkei Castalloy Limited has informed the Exchange that "The Hon'ble High Court of Bombay Judicature has on February 26, 2010 approved the proposed scheme of demerger of Wheel Division of the Company into a separate Company viz. Enkei Wheels (India) Ltd. Final order is awaited."

Reliance Capital Partners has informed the Exchange vide its letter dated February 26, 2010 that: "Pursuant to Regulation 22(17) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (the "SEBI Takeover Regulations"), we bring to your attention that we have today, i.e. on February 26, 2010, purchased 79,685 equity shares constituting 0.23% of the equity share capital of Fame India Limited at an average price of Rs.82.17/- and a highest price of Rs.83.35/- per equity share through open market purchases on the normal segment on the Stoc

Reliance Capital Partners has informed the Exchange vide its letter dated February 25, 2010 that: "Pursuant to Regulation 22(17) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (the "SEBI Takeover Regulations"), we bring to your attention that we have today, i.e. on February 25, 2010, purchased 5,94,561 equity shares constituting 1.71% of the equity share capital of Fame India Limited at an average price of Rs.83.11/- and a highest price of Rs.83.40/- per equity share through open market purchases on the normal segment on the st

Aurobindo Pharma Ltd had informed the Exchange regarding the Scheme of Amalgamation of Trident Life Sciences Limited with Aurobindo Pharma Limited and their respective Shareholders. The Company has now informed the Exchange that "As directed by the Hon'ble High Court of Judicature of Andhra Pradesh at Hyderabad by its Order dated 19th February, 2010, the Company, on February 24, 2010, has published the notice in News Papers of the date of hearing of the petition on 19th March, 2010 for the sanction of the Scheme of Amalgamation of Trident Life Sciences Limited with Aurobindo Pharma Limited and

Pantaloon Retail (India) Ltd. has informed the Exchange that a meeting of Board of Directors of the Company was held on February 23, 2010 and the Board inter alia has approved the following: 1. Consolidation of Consumer Durable, Home Improvement Business of its 66.86% subsidiary, Home Solutions Retail (India) Limited (HSRIL) with itself; as per details given hereunder; (a) Demerger of Consumer Durable, Home Furnishing, Home Improvement, Furniture business from HSRIL into the Company; (b) Demerger shall be achieved by way of a Scheme of Arrangement under Section 391-394 read with Section 78 and

Aditya Birla Nuvo Limited has informed the Exchange that the Scheme of Arrangement between the holding Company Aditya Birla Nuvo Ltd. (ABNL) and its wholly owned subsidiaries, viz. Madura Garments Exports Ltd. (Madura Exports), Peter England Fashions and retail Ltd. (Peter England Fashions) and MG Lifestyle Clothing Company Pvt. Ltd. (MG Lifestyle) and their respective shareholders and creditors has been sanctioned by the Hon'ble High Court of Gujarat. Further, the Company has informed the Exchange vide its letter dated February 22, 2010 that "The Committee of the Board of Directors of the Com

Zuari Industries Ltd. has informed the Exchange that "The Board of Directors at its meeting held on 22nd February, 2010 has considered and approved, the scheme of amalgamation of Gobind Sugar Mills Limited with Zuari Industries Limited under the provisions of Sections 391 to 394 of the Companies Act, 1956. The amalgamation shall be subject to the approval of the shareholders and sanction of the Scheme of Amalgamation by the Hon'ble High Court of Bombay at Goa. The amalgamation shall also be subject to the approval of shareholders of Gobind Sugar Mills Limited and sanction of the Scheme of Amal

Jyoti Structures Ltd has informed the Exchange vide its letter dated February 18, 2010 that "Bombay High Court has admitted our application today and has allowed dispensation from holding the meeting of Equity Shareholders, Secured Creditors and Unsecured Creditors of JSL Structures Limited and also of Jyoti Structures Limited in connection with merger of the two companies".

Zenith Birla (India) Limited has informed the Exchange that the Hon'ble High Court of Judicature of Bombay sanctioned the Scheme of Arrangement providing for demerger of tools division of the Company and merger of the said division with Birla Precision Technologies Limited and merger of Tungabhadra Holdings Private Limited with the Company. In accordance of the sanctioned Scheme of Arrangement, the equity shareholders of Zenith Birla (India) Limited will be issued equity shares of Birla Precision Technologies Limited as on the record date in the ratio of 2 (Two) Equity shares of the face value

Andrew Yule & Company Limited has informed the Exchange that "(i) Andrew Yule & Co., Ltd. along with its two associate companies i.e. The Bengal Coal Co., Ltd. and Katras Jherriah Coal Co., Ltd. (ii) Life Insurance Corporation of India Ltd. and (iii) United India Insurance Company Ltd. has completed the sale of 24,20,455 shares being 57.17% of the total paid up share capital of DPSC Ltd., to Orbis Power Venture Private Ltd., Mirania Gardens, 10-B, Topsia Road (East), Kolkata - 700045 on 28th January, 2010 under the supervision of the Special Officer appointed by the Hon'ble Kolkata High Court"

Dabur India Ltd has informed the Exchange that the equity shareholders and unsecured creditors of the Company at its court convened meetings held on February 01, 2010, unanimously approved the Scheme of Amalgamation of Fem Care Pharma Ltd. ("the Transferor Company") with Dabur India Ltd. ("the Transferee Company") and their respective shareholders. 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).<a href=/content/corporate/Dabur_Scheme_17022010.zip targ

Info-Drive Software Limited has informed the Exchange that M/s. Bhari Information Technology Systems Pvt. Ltd., a promoter of the company, has transferred 25,000 Equity shares of the Company, out of their holding of 9,16,700 Equity shares, to Mr. S.K. Vidyasagar and Mrs. Anupama Ananthasairam [Persons Acting in Concert] on 12-Feb-2010. (Source MSE)

Tube Investments Of India Ltd has informed the Exchange that the Company has entered into a Share Purchase Agreement (SPA) for acquisition of Sedis SAS, France through acquisition of its holding company, Financiere C10. As per the SPA, the Company has acquired 77.13% shareholding of Financiere C10 in the first tranche, primarily from the institutional shareholders and the balance 22.87% held by the key management persons will be acquired in the second tranche on or before 31st March, 2013. Sedis SAS is a wholly owned subsidiary of Financiere C10 and is a pioneer in the manufacture of Industria

Hinduja Ventures Limited has informed the Exchange that the Board of Directors of the Company on February 13, 2010 in principle approved, to acquire all the shares of IDL Specialty Chemicals Limited and to enter into a Memorandum of Understanding ("MOU") to that effect. Upon acquisition of the shares, pursuant to the abovesaid MOU, IDL Specialty Chemicals Limited shall become subsidiary of Hinduja Ventures Limited.

Allied Resins And Chemicals Ltd has informed the Exchange that the Board of Directors of the Company at their meeting held on February 12, 2010 decided in principle to merge the Company with ARCL Organics Limited and further decided followings: (1)M/s. L. B. Jha & Co., Chartered Accountants be appointed to undertake valuation of equity shares of the Company and to suggest the share valuation ratio. (2) VC Corporate Advisors Pvt. Ltd. be appointed as Merchant Banker to give fairness report on the share exchange ratio suggested by Ms. L. B. Jha & Co., Chartered Accountants.

Minda Industries Limited has informed the Exchange that Board of Directors of Minda Industries Ltd. in its meeting held on February 10, 2010 has accorded its consent for amalgamation of Minda Autogas Ltd. (MAGL) with Minda Industries Ltd.(MIL), subject to necessary approvals of shareholder(s), creditor(s) and other approval(s) and sanction of Hon'ble High Court of Delhi at New Delhi. MAGL is engaged in the business of CNG/LPG Kits. The Appointed Date of the Amalgamation is April 01, 2009. In terms of the proposed Scheme of amalgamation, the shareholders of the MAGL will receive 4 (four) equity

Colgate Palmolive (India) Ltd has informed the Exchange vide its letter dated February 11, 2010 that "The Board of Director of the Company at their Meeting held today, considered and approved a Scheme of Amalgamation which provides for the merger of Professional Oral Care Products Private Limited ("Professional Oral"), a wholly owned subsidiary of the Company with itself. The Appointed Date for the Scheme of Amalgamation is April 1, 2009. The entire equity share capital of Professional Oral is held by Colgate-Palmolive (India) Limited. Therefore, upon the Scheme becoming effective the entire e

Life Insurance Corporation of India has informed the Exchange vide its letter dated January 30, 2010 that " As per the guideline on Institutional Transactions in shares issued by Govt. of India during the year 1990, we hereby inform that Life Insurance Corporation of India has Sold 1296000 equity shares face value of Rs. 10/- each of DPSC Ltd. @ Rs 710.00 per share."

Insecticides (India) Limited has informed the Exchange that "The scheme of amalgamation of wholly owned subsidiary company "Advance Crop Solutions Limited with the company "Insecticides (India) Limited has been approved by the Hon'ble Delhi High Court, New Delhi on January 19, 2010".

Spice Communications Limited has informed the Exchange that "The Hon'ble High Court of Delhi at New Delhi and Hon'ble High Court of Gujarat at Ahmedabad have sanctioned the Scheme of Amalgamation of Spice Communications Limited with Idea Cellular Limited u/s 391 to 394 of the Companies Act, 1956".

Ahmednagar Forgings Ltd has informed the Exchange regarding the dismissal of the Scheme of Arrangement between Amtek India Limited, Ahmednagar Forgings Limited, Amtek Ring Gears Limited, Amtek Crankshafts India Limited, Amtek Casting India Limited and Amtek Auto Limited ("Scheme") as follows: The Hon'ble Bombay High Court has vide its order dated February 5, 2010 has disposed of the Company Petition filed by the Company (Ahmednagar Forgings Limited) as being infructuous.

Chettinad Cement Corporation Ltd has informed the Exchange vide its letter dated February 09, 2010 that "The Board of Directors at their meeting held today discussed the Proposal for Amalgamation of M/s Allied Minerals and Metals (P) Ltd.(Transferor company), with the company in the terms of a Scheme of Amalgamation under Section 391 to 394 of the Companies Act, 1956 and accorded their approval for the same. This scheme of Amalgamation is subject to the Approval of the shareholders and creditors of the transferor and transferee companies and High Court of Madras. The Appointed Date of Amalgama

Ruchi Soya Industries Ltd. has informed the Exchange that a meeting of Board of Directors of the Company was held on February 08, 2010. The Board of Directors of the Company has, inter alia, approved the Scheme of Amalgamation of Palmtech India Limited ('PTIL') with Ruchi Soya Industries Limited ('Ruchi Soya'). PTIL is engaged, interalia, in the business of development of Oil palm plantation and processing of oil palm fruits. The Scheme will be subject to requisite approvals as may be required. The salient features of the scheme are as under: a) Merger Appointed Date : April 01, 2009; b) All a

Idea Cellular Limited has informed the Exchange that the Hon'ble High Court of Gujarat at Ahmedabad and Hon'ble High Court of Delhi have sanctioned the Scheme of Amalgamation of Spice Communications Limited with Idea Cellular Limited u/s 391 to 394 of the Companies Act, 1956.

Idea Cellular Limited has informed the Exchange that:"The Hon'ble High Court of Gujarat at Ahmedabad and Hon'ble High Court of Bombay have sanctioned the Scheme of Arrangement between Idea Cellular Limited and Aditya Birla Telecom Limited contemplating De- merger of De-merged undertaking comprising of Unified Access Services License (UASL) of Bihar (including Jharkhand) Service Area and certain assets and liabilities of Aditya Birla Telecom Limited ( a wholly owned subsidiary) to the Company under a Scheme of Arrangement under sections 391 to 394 of the Companies Act, 1956".

Mvl Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on February 06, 2010 has approved the Scheme of Amalgamation of M/s Balaji Tirupati Buildcon Limited and M/s Global Digital Technologies Limited with the Company.

Godawari Power And Ispat Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on February 05, 2010, inter alia, have approved a Scheme of Amalgamation ("the Scheme") of Hira Industries Limited (HIL), an associate concern and R. R. Ispat Limited (RRIL), a wholly owned subsidiary with the Company (GPIL) under the provisions of Section 391 to 394 of the Companies Act, 1956. 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 Annou

Bf Utilities Limited has informed the Exchange that "On February 05, 2010 the Hon'ble Bombay High Court has passed an order approving the Composite Scheme of Arrangement between BF Utilities Limited ("Amalgamated Company" / "Demerged Company") and Bhalchandra Investment Limited, Forge Investment Limited, Mundhwa Investment Limited, Jalakumbhi Investment and Finance Limited, Jalakamal Investment and Finance Limited, and Kalyani Utilities Development Limited ("Amalgamating Companies") and BF Investment Limited ("Resulting Company") ("the Scheme"). The Scheme will become effective, once the certi

Kitply Industries Ltd has informed the Exchange that by an Order made on the January 29, 2010, the Hon'ble Gauhati High Court has directed the Company to convene separate meetings of the Equity shareholders, Secured debenture holders, Unsecured debentureholder and Unsecured Loan Creditors of Kitply Industries Ltd. on March 13, 2010 for the purpose of considering and approving with or without modification(s), the scheme of Arrangement between Kitply Industries Ltd. and its Equity Shareholders and Creditors.

Kalyani Steels Ltd has informed the Exchange that "Petition presented by the Company on 22nd January, 2010, under Section 394 of the Companies Act, 1956, for sanctioning the Scheme of Arrangement between Kalyani Steels Limited and Chakrapani Investments & Trades Limited and Surajmukhi Investment & Finance Limited and Gladiolla Investments Limited and Kalyani Investment Company Limited and their respective Shareholders ('Scheme'), was admitted by the Hon'ble High Court of Judicature at Bombay on 29th day January 2010 and that the said Petition is fixed for hearing before the Judge taking Compan

Ginni Filaments Ltd has informed the Exchange regarding Scheme of Amalgamation of Ginni Power Ltd., Abhinav Investments Pvt. Ltd., Ganesh Synthetics Pvt. Ltd., & Goodworth Merchants Pvt. Ltd. (Transferor Companies) with Ginni Filaments Ltd (Transferee Company)as follows: The Board of Directors of the Company has fixed March 1, 2010 as the record date for the purpose of ascertaining the names of the shareholders of Transferor Companies to whom shares of the Transferee Company shall be issued pursuant to the Scheme of Amalgamation.

Future Capital Holdings Limited had informed the Exchange regarding the Scheme of Amalgamation & Arrangement between the Company and its Wholly Owned Subsidiaries namely, Future Capital Credit Limited (FCC) and Future Capital Financial Services Limited (FCFS) ("Scheme"). The Company has now informed the Exchange that "Consequent to the sanction of the said Scheme by the Hon'ble High Court of Judicature at Bombay under the provisions of Section 391 to 394, the Company has undertaken necessary compliances as required pursuant to the said Scheme including necessary filings with the Registrar of C

Zuari Industries Ltd. has informed the Exchange that "The Company has acquired 50,000 shares of Zuari Fertilisers and Chemicals Limited, a Company incorporated for manufacture of Fertilisers. Hence, Zuari Fertilisers and Chemicals Limited has become a subsidiary of Zuari Industries Limited".

Kesar Enterprises Ltd. has informed the Exchange that "By an Order made on 22nd January, 2010, the Hon'ble High Court of Judicature at Bombay has passed an Order admitting the Petition of the Company in the matter of the Scheme of Arrangement involving the Demerger of Storage Undertaking / Division of Kesar Enterprises Ltd. into Kesar Terminals & Infrastructure Ltd. and has fixed 5th March, 2010 as the date for hearing and final disposal of the said Petition".

Havells India Limited has informed the Exchange that "Havells India Limited has acquired a 100% equity stake in Seven Wonders Holidays Private Limited. The said Company has now become a wholly owned subsidiary of Havells India Limited. It would carry on the electrical business proposed to be acquired from Standard Electricals Limited, a Company under the same management as that of Havells India Limited".

Alchemist Ltd has informed the Exchange that in the court convened meeting held under the Directions of Hon'ble High Court of Delhi on January 30, 2010, the equity shareholders, preference shareholders, Unsecured creditors secured creditors and fixed Deposit holders have approved the scheme of arrangement for hiving off food division of the Company i.e. Alchemist Limited to its wholly owned subsidiary Company i.e. Alchemist Foods Limited on a going concern basis.

Spice Mobiles Limited has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter ended December 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on January 30, 2010) that the Board of Directors approved a scheme of amalgamation of Spice Televentures Pvt. Ltd. with the Company w.e.f. January 01, 2010 as the appointed date, subject to requisite approvals.