Corporate announcements

Aurobindo Pharma Ltd has informed the Exchange vide its letter dated August 14, 2009, that: "The Board of Directors of Aurobindo Pharmaceuticals Limited ("APL") today approved the proposal to acquire 100% stake of Trident Life Sciences Limited ("TLSL") subject to suitable agreements being executed between the parties for the same and conditions customary to closing of the transaction". 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/corp

Prism Cement Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on August 14, 2009. after considering the Valuation Report dated August 14, 2009 jointly prepared by M/s. Khimji Kunverji & Co., Chartered Accountants, Mumbai and the Statutory Auditors of the Company M/s N. M. Raiji & Co., Chartered Accountants and the Fairness Opinion dated August 14, 2009 submitted by Enam Securities Private Limited and after considering other commercial matters, approved the Amalgamation of H. & R. Johnson (India) Limited ("HRJ"), RMC Readymix (India) Private Limit

Zensar Technologies Limited has informed the Exchange that "The Committee of Directors of the Company at their meeting held on August 7, 2009, considered and in principle approved the merger of Zensar OBT Technologies Limited ('ZOBT') and Zensar Transformation Services Limited ('ZTSL'), wholly owned subsidiaries of the Company with itself. The Appointed Date of the Scheme of Amalgamation is April 1, 2009. The entire Equity Share Capital of ZOBT and ZTSL is held by the Company and its nominees. Therefore, upon the Scheme becoming effective the entire equity share capital of ZOBT and ZTSL will s

Wipro Ltd has informed the Exchange that "The Scheme of Amalgamation for merger of Indian branch offices of our overseas subsidiary companies viz Wipro Networks Pte Limited, Singapore and WMNetserv Limited, Cyprus with Wipro Limited was approved by Shareholders and Creditors at their meetings held on July 21, 2009 and July 31, 2009 respectively and the Chairman's Report for all the meetings have been filed with the Hon'ble High Court of Karnataka. The above proposal is subject to the approval of the High Court of Karnataka, Bangalore".

Wabco-Tvs (India) Limited has informed the Exchange that in terms of the Scheme of Arrangement between the Company and Sundaram - Clayton Limited and their respective shareholders and creditors, sanctioned by the Hon'ble High Court of Madras vide its order dated February 20, 2008, the share transfer obligations between the Indian and Foreign Promoters of the Company have since been completed on June 03, 2009. 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 Announcement

Shriram Epc Limited has informed the Exchange that the Board meeting held on July 30, 2009 the following items were discussed under the Other business taken up and approved at the Meeting with the permission of the Chairman. "The Company has received a request from our subsidiary Shriram Leitwind Limited (SLL) and Associate Leitner Shriram Manufacturing (LSML) along with the extract of the Board Resolution passed at their respective Board Meetings requesting us to accord our consent to their Scheme of Amalgamation and Merger of SLL with LSML from the Appointed date, i.e., 1st April, 2009 and f

Jk Cement Limited has informed the Exchange that "Hon'ble High Court of Judicature at Allahabad has today i.e. on 4th August, 2009 formally sanctioned the scheme of amalgamation of Jaykaycem Ltd. (Wholly owned subsidiary) with the Company. As per the scheme, this becomes effective from 1st April, 2008. Jaykaycem Ltd. is implementing 3 Million Tonnes per Annum Geen Field Grey Cement Plant at Mudhol, Dist. Bagalkot, Karnataka state which is at final stage of implementation. The installed capacity of grey cement of J.K.Cement Ltd. with the merger will increase to 7.5 million tonnes per annum".

Pvr Limited has informed the Exchange that Honerable Delhi High Court in the hearing held on August 04, 2009 approved merger of Sunrise Infotainment Private Limited (the transferor company) a 100% subsidiary of the Company with PVR Limited (the transferee company).

Enkei Castalloy Limited has informed the Exchange that "The Board of Directors of the Company at its meeting held on July 30, 2009, has approved the Scheme of Arrangement between the Company (proposed Demerged Company) and Enkei Wheels (India) Ltd (proposed Resulting Company) for demerger of Wheel business of the Company into Enkei Wheels (India) Ltd under Section 391 to 394 and other relevant Sections of the Companies Act, 1956 subject to the approval of the Stock Exchanges, Company's Shareholders and Hon'ble High Court of Mumbai and the necessary approval under various statutes. The Appointe

Kirloskar Oil Engines Ltd. has informed the Exchange that Hon'ble High Court of Judicature at Bombay has approved Scheme of arrangement between the Company and Kirloskar Engines India Limited on July 31, 2009. The final order is awaited.

Softpro Systems Limited has informed the Exchange that "Softpro Systems completes acquisition of 'Cura Risk Management Software (Proprietary) Limited', South Africa- Reg". 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/softprp_updates_31072009.zip target=NEW> For more details click here.</a>

Novopan Industries Limited has informed the Exchange that Board of Directors of the company based on the recommendations of merger sub-committee of the Board, at its meeting held on July 30, 2009 has withdrawn the proposal to consider Amalgamation of Vertex Projects Limited (erstwhile GVK Projects Limited) along with its wholly owned subsidiary viz M/s GVK Aviations (P) Limited (Transferor Companies) with that of Novopan Industries Limited (Transferee Company). The Board of Directors of the company is of the view that there is lack of synergy in the businesses (i.e. Constructions & Aviation) o

Rane Holdings Limited has informed the Exchange that the Board of Directors appointed Mr. L. Ganesh, as Joint Managing Director of the Company in the designation of Vice-Chairman with effect from August 01, 2009, for a period from August 01, 2009 to March 31, 2011. Further the Board of Directors has approved the merger of Rane Investments Limited, a wholly owned subsidiary with the Company. The merger would be effected through a scheme of arrangement to be filed before the Hon. High Court of Madras by Rane Investments Limited, with appointed date as April 01, 2009.

Tv Today Network Limited has informed the Exchange that the Board of Directors at their meeting held on July 30, 2009, the Board considered and approved the proposal for demerger of Radio Broadcasting Business of Radio Today Broadcasting Limited (RTBL) and vesting thereof into T.V. Today Network Limited ("the Company") in terms of Scheme of Arrangement under Section 391-394 of the Companies Act, 1956, subject to the approval of the High Court and other Regulatory Authorities as may be required. The Board further approved the swap ratio of 1:6 i.e. for every 6 shares of RTBL, 1 share of the Com

Autoline Industries Limited has informed the Exchange that the Board of Directors at its meeting held on July 29, 2009 has considered and approved the following: Proposed scheme of amalgamation of the Company under the provisions of Sections 391 to 394 of the Companies Act, 1956 with its Wholly Owned Subsidiaries i.e. Western Pressing Limited and Nirmiti Autocomponents Private Limited, subject to sanction of Hon'ble High Court of Judicature at Bombay, the necessary approval of Stock Exchanges where the shares of the Company are listed, of the shareholders & of creditors of the Company. The Ap

Consolidated Finvest & Holdings Limited has informed the Exchange that "This has reference to the Composite Scheme of Arrangement between Consolidated Finvest & Holdings Limited (CFHL) and Jindal India Finvest & Holdings Limited (JIFHL) and Jindal India Powertech Limited (JIPL) and their respective shareholders. The above said matter was listed at Allahabad High Court for hearing on 27th July 2009. Hon'ble High Court has asked the Company to file the reply on the report of Official Liquidator and Regional Director and the matter will be listed after two weeks".

Sesa Goa Ltd. has informed the Exchange that the validity of Scheme of Amalgamation of Sesa Industries Limited with Sesa Goa Limited has been extended upto October 31, 2009.

Sel Manufacturing Company Limited has informed the Exchange that: "Sel Manufacturing Company Limited has acquired a majority stake in SEL Textiles Pvt. Ltd., thereby making it a subsidiary". 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/SelMfg_Acquisition_27072009.zip target=NEW> For more details click here.</a>

Life Insurance Corporation of Indai has informed the Exchange 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 4290667 equity shares face value of Rs.10/- of Pfizer Limited @ Rs.830.00 per share".

Ceat Limited has informed the Exchange that the Board of Directors of the Company, at its meeting held on July 24, 2009, have decided, subject to the requisites approvals, to acquire entire 36.84% shareholding of Associated CEAT Holdings Company (Pvt.) Limited (ACHL), Sri Lanka, from Associated Motorways Limited, Sri Lanka, the Company's Sri Lanka JV. On completion of this acquisition, the Company's shareholding in the JV will increase to 54.84% and, consequently, ACHL will become its subsidiary. The remaining 45.16% of ACHL is currently held by three associates of the Company.

Nagarjuna Fertilizer & Chemicals Ltd. has informed the Exchange that the Board of Directors at their Meeting held on July 23, 2009 considered and approved, subject to the approval of the members at the Annual General Meeting scheduled to be held on September 17, 2009, the proposal to acquire 50,000 equity shares of Rs. 10/- each amounting to Rs.5,00,000/- in the equity share capital of Kakinada Fertilizers Limited (KFL), a company incorporated under the Companies Act, 1956 and involved in micro-irrigation, fertilizers and other agri-inputs.

Cyber Media (India) Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on July 22, 2009 has approved the Scheme of amalgamation of its subsidiaries viz. Cyber Media India Online Limited, Cyber Media Digital Limited, Cyber Media Events Limited and Cyber Holdings Limited with the Company.

Reliance Infrastructure Limited has informed the Exchange that "The Company has acquired 51% shares of Reliance Cementation Private Limited from Reliance Natural Resources Limited, Consequently, Reliance Cementation Private Limited has become a subsidiary of the Company".

Goldstone Infratech Limited has informed the Exchange that the Hon'ble High Court of Andhra Pradesh vide its Order dated June 30, 2009 has approved the Company's Scheme of Amalgamation for the amalgamation of M/s. Shree Shree Telecom Private Limited; M/s. Newtech Stewing Telecom Limited and M/s. Sun Plast O Met Limited into the Company.

Themis Medicare Limited has informed the Exchange that the Gujarat High Court has passed an order directing the Company to hold Court convened General Meeting of the Members on August 17, 2009 to approve the Scheme of Arrangement under Section 78, Section 100 and Section 391 of the Companies Act 1956.

Utv Software Communications Limited has informed the Exchange that the Board of Directors ('the Board") of the Company in its recently concluded board meeting held on July 20, 2009 considered a proposal to consolidate the business of its subsidiaries UMP Plc ("UMP") and UTV Motion Pictures (Mauritius) Limited ("UTV Mauritius') into the Company to reap the benefits of operational synergy and enhance shareholders value. 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 Ann

Ifci Limited has informed the Exchange that: "The Company has acquired 5% stake in the present equity share capital of MCX Stock Exchange Limited (MCX-SX) from Financial Technologies (India) Limited ("FTIL") at Rs.35/- per equity share, subject to the terms & conditions of the Agreement, entered between the Company & FTIL".

Escorts Ltd has informed the Exchange that "The meeting of the Equity Shareholders of Escorts Limited as directed by the Hon'ble High Court of Punjab and Haryana at Chandigarh was convened on July 12, 2009. Sh. R.C. Setia (Sr. Advocate, Punjab and Haryana High Court), Chairman appointed for the meeting conducted the meeting as directed in the Minutes of Order of the Punjab and Haryana High Court dated May 15, 2009. The Scheme of Arrangement ('Scheme') was approved by requisite majority of the Equity Shareholders present either in person or by proxy or as authorized representatives, as per the

Zenith Birla (India) Limited has submitted to the Exchange a copy of the notice of the date of hearing of petition in the matter of Scheme of Arrangement between Zenith Birla (India) Ltd, the Applicant Company, Birla Precision Technologies Ltd. and Tungabhadra Holdings Pvt Ltd and their respective Shareholders, published in the newspaper on July 08, 2009. 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).<a href=/content/corporate/Zenith_petin_20072009.zip ta

Financial Technologies (India) Limited has informed the Exchange that "Financial Technologies (India) Ltd. (FTIL) has signed an agreement on 18/07/09 and has sold (secondary sale) 5% stake in the present equity share capital of MCX Stock Exchange Limited (MCX-SX) to IFCI Limited (IFCI) at Rs.35/- per equity share. This sale has been done to comply with the regulatory requirements and is the first divestment of the secondary sale process initiated by the Company".

Glodyne Technoserve Limited has informed the Exchange vide its letter dated July 16, 2009, that: "The Board of Directors of Glodyne Technoserve Limited' ('the Company') at their meeting held today, have approved the acquisition of Broadllyne Technologies Limited ("Broadllyne"), a Application Managed Service Provider Company based in India through a Scheme of Amalgamation / Arrangement ("Scheme"). The Scheme would be subject to the approval of Shareholders and other regulatory approvals. The Board has also approved issuance of Compulsorily Convertible Debentures pursuant to the Scheme. Upon com

Pritish Nandy Communications Ltd. has informed the Exchange that Artinvest India Private Limited, a promoter group company has acquired 12,602 (0.09%) equity shares of the Company by market purchase and its holding has increased from 4,69,524 (3.25%) to 4,82,126 (3.33%) equity shares. The holding of Promoters of the Company has increased from 50,64,274 (35.01%) equity shares to 50,76,876 (35.09%) equity shares.

3i Infotech Limited has informed the Exchange that the Company has acquired remaining 49% stake of its subsidiary, Delta Services (India) Private Limited, thereby making it a wholly owned subsidiary of the Company.

Rain Commodities Limited has informed the Exchange that: "The Company has sold 17,250,000 shares (including 75,000 shares held by Rain Commodities (USA), Inc, a wholly owned subsidiary) held in Petroleum Coke Industries Company, Kuwait to AL-Mal Investment Company, Kuwait for a consideration of Rs.76.58 Crores. With this sale, the Company has divested its entire equity holding of 11.5% in Petroleum Coke Industries Company, Kuwait. The Company will utilize the amount realized from sale of stake for repayment of Debt and other operational purposes".

Shrenuj & Co Ltd has informed the Exchange that : "Pursuant to the amended Regulation 11(2A) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 (SEBI Takeover Code), we have to inform you that Shrenuj Investments & Finance Private Limited, a Promoter Group Company has acquired 12,674 Equity Shares of Rs. 2/- each i.e. 0.02% of the existing paid up capital of the Company through open market purchases in normal segment on Stock Exchange(s)".

Gitanjali Gems Limited has informed the Exchange that: "Gitanjali USA Inc, a wholly owned subsidiary of the company based in USA, has acquired 51% stake in Diamlink Inc. (Diamlink) New York based corporation. Diamlink Inc. is engaged in the business of diamond and diamonds studded Jewelry. By virtue of this acquisition Diamlink Inc. has become a step down subsidiary of the Company".

Jindal Saw Limited has informed the Exchange vide its letter dated July 13, 2009 that "The Hon'ble High Court of Judicature at Allahabad during the hearing held today has approved the merger of Highgate Consultants Ltd., the wholly-owned subsidiary of the Company with the Company. The certified true copy of the Order has been applied for and the same is awaited".

Octav Investments Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on July 10, 2009 have considered and approved the proposal for amalgamation of the Company into RPG Itochu Finance Limited as per terms and conditions mentioned in the Scheme of Arrangement placed before the Board. 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/Octav_Amalg_13072009.zip target=NEW> For more detai

Chi Investments Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on July 10, 2009 have considered and approved the proposal for amalgamation of the Company into RPG Itochu Finance Limited as per terms and conditions mentioned in the Scheme of Arrangement placed before the Board. 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/CHI_Amalg_13072009.zip target=NEW> For more details c

Summit Securities Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on July 10, 2009 have considered and approved the proposal for amalgamation of the Company into RPG Itochu Finance Limited as per terms and conditions mentioned in the Scheme of Arrangement placed before the Board. 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/Summit_Amalg_13072009.zip target=NEW> For more deta

Brabourne Enterprises Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on July 10, 2009 have considered and approved the proposal for amalgamation of the Company into RPG Itochu Finance Limited as per terms and conditions mentioned in the Scheme of Arrangement placed before the Board. 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/Brabourne_Amalg_13072009.zip target=NEW> For mo

Alchemist Ltd had informed the Exchange regarding Meeting of Shareholders and Creditors. The Company has now informed the Exchange that: "Hon'ble High Court of Punjab & Haryana at Chandigarh has modified its earlier order calling meeting of Equity Shareholders, Preference Shareholders, Unsecured Creditors & Secured Creditors. Now, as per modified order, issued by the Hon'ble High Court of Punjab & Haryana at Chandigarh, separate meeting of Equity Shareholders, Preference Shareholders, Secured and Unsecured Creditors of the Company will be held on Friday, the 14th August, 2009, for the purpose

Idea Cellular Limited has informed the Exchange that at the Meeting(s) of the Equity Shareholders, Secured and Unsecured Creditors, convened and held pursuant to the directions of the Hon'ble High Court of Gujarat on June 25, 2009 and June 26, 2009 respectively at Gandhinagar, Gujarat; the Equity Shareholders, Secured and Unsecured Creditors of the Company have duly approved the Scheme of Arrangement - Financial Restructuring, between Idea Cellular Limited and its Shareholders with requisite majority.

Sundaram Clayton Limited has informed the Exchange that, the Scheme of Amalgamation with regard to the amalgamation of M/s Auto (India) Engineering Limited (AIEL), a wholly owned subsidiary of the Company with the Company has been sanctioned by the Hon'ble High Court of Madras vide its order dated July 01, 2009. The Company had in turn filed the said order with the Registrar of Companies, (RoC) Chennai on July 06, 2009. Further, in terms of clause 7 of the said Scheme of Amalgamation, the wholly owned subsidiary, AIEL now stands dissolved effective July 06, 2009 without the process of being w

Gammon India Ltd. has informed the Exchange that" The Hon'ble High Courts of Mumbai and Gujarat have vide their respective orders dated 18th June, 2009 and 2nd July, 2009, sanctioned the Scheme of Amalgamation (Scheme) of Associated Transrail Structures Limited (ATSL). ('The Transferor Company'), with Gammon India Limited, ('The Transferee Company').Certified copies of the Orders of the Hon'ble High Courts of Mumbai and Gujarat have been filed by Gammon India Ltd and ATSL with their respective Registrar of Companies on 7th July, 2009.The Scheme has, therefore become effective from 7th July, 20

HCL Infosystems Ltd has informed the Exchange that:" The Hon'ble High Court of Delhi and Rajasthan have vide their respective orders dated 11th August, 2008 and 29th May, 2009, sanctioned the Scheme of Amalgamation (Scheme) of Natural Technologies Private limited (NTPL), the wholly owned subsidiary, with HCL Infosystems Limited, the Transferee Company. The Scheme has become effective on filing of the certified copy of the order dated 29th May, 2009 of Rajasthan High Court with the Registrar of Companies, Jaipur, on 6th July, 2009.Upon effectuation of the Scheme: 1. All the business and underta

United Spirits Limited has informed the Exchange that at the meeting of the Committee of Directors held on July 06, 2009, the Record Date for the purpose of issue of equity shares by the Company to the equity shareholders of Shaw Wallace & Company Limited has been fixed as July 17, 2009. As per the Scheme of Amalgamation, the share exchange ratio for the merger of Shaw wallace & Company Limited is as follows: 4(four) fully paid up Equity Shares of the face value of Rs.10/- (Rupees Ten only) each in USL for every 17(Seventeen) fully paid up equity shares of the face value of Rs.10/- (Rupees Ten

United Spirits Limited had informed the Exchange that the Scheme of Amalgamation of Shaw Wallace & Company Limited ("SWC") and Primo Distributors Private Limited ("Primo") with United Sprits Limited ("USL") (Scheme) has been sanctioned by the Hon'ble High Court of Karnataka at Bangalore, the Hon'ble High Court of Judicature at Bombay and the Hon'ble High Court at Calcutta on May 29, 2008, July 18, 2008 and January 16, 2009 respectively. The Company has now informed the Exchange that Certified copies of the Orders of the Hon'ble High Court of Karnataka at Bangalore, the Hon'ble High Court of Ju

Hikal Limited has informed the Exchange that "Honb'le High Court of Judicature at Bombay has approved the Scheme of Arrangement between Hikal Pharmaceuticals Ltd. and Hikal Ltd. and their respective Shareholders vide order dated June 25, 2009, a certified copy of which was made available on June 30, 2009. Further, certified copy of the order of the Hon'ble High Court of Judicature at Bombay sanctioning the Scheme from March 31, 2009 being Appointed Date, has been filed electronically with the Registrar of Companies, Maharashtra, Mumbai on June 30, 2009. Thus, the Scheme has become effective fr

Energy Development Company Limited has informed the Exchange that "The Board of Directors in its meeting held on 5th July, 2009 have decided to transfer the Ullunkal Hydel Power Project of the Company to its 100% subsidiary, M/s EDCL POWER PROJECTS LIMITED, in compliance with the terms of the Implementation Agreement. It has also been decided to merge / amalgamate its another subsidiary M/s. DHANASHREE PROJECTS PRIVATE LIMITED with the Company. Necessary Scheme of Arrangement under section 391 to 394 of the Companies Act, 1956 would be finalized and submitted to the Exchanges simultaneously on