Corporate announcements

Dalmia Cement (Bharat) Ltd has informed the Exchange that Hon'ble High Court of Madras at Madras has sanctioned the Scheme of Amalgamation of Eswar Cements Pvt. Ltd. with Dalmia Cement(Bharat) Limited vide its order dated December 08, 2008.

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 16,250 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)".

Electrotherm (India) Ltd. has informed the Exchange that The Board of Directors of the Company at its meeting held on December 29, 2008 has: (1) Accepted the resignation of Mr. Siddharth Bhandari w.e.f. December 29, 2008. (2) Approved a Scheme of Arrangement for demerger of the Engineering Business of the Company into Electrotherm Engineering & Projects Limited, a wholly owned subsidiary of the Company and the share entitlement ratios. (3) Based on the Recommendation Report submitted by SSPA & Co., Chartered Accountants, Mumbai, the Board decided the ratio of 1 equity shares in Electrotherm En

Novopan Industries Limited has informed the Exchange that the Board of Directors of Novopan Industries Limited in its meeting held on December 27, 2008 considered the proposal of amalgamation of GVK Projects Limited (transferor company) with that of Novopan Industries Limited. (Transferee company) by way of exchange of shares and approved the same based on its merits, with effect from April 01, 2008, being the "Appointed Date". The Board further authorized a Committee of Directors to approve the valuation reports, swap ratio and scheme of amalgamation/ arrangement. Further the Board authorized

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 18,577 Equity Shares of Rs. 2/- each i.e. 0.03% of the existing paid up capital of the Company through open market purchases in normal segment on Stock Exchange(s)".

Vivimed Labs Limited has informed the Exchange that the Board of Directors of Vivimed Labs Limited has discussed and gave its approval for the Agreement and Plan of merger being entered into with Har-met International Inc, USA and there by for the acquisition of Har-met International Inc, USA subject to consents/ permissions/ sanctions as may be required from concerned authorities, Stock Exchanges and/ or members of the Company.

Nagarjuna Construction Co. Ltd has informed the Exchange that M/s. A V S R Holdings Private Limited an Investment Company belonging to the Promoters Group has acquired during the period December 01, 2008 to December 02, 2008. 50,321 Equity Shares of Rs.2/ - each of the Company in the aggregate (Equivalent to 0.022% of the Paid-up Capital) through purchases from the Market. With the aforesaid acquisition, the holding of the Promoters Group in the Company has gone up to 24.37% of the total equity of the Company.

Entegra Limited has informed the Exchange that the Board of Directors of the Company in its meeting on December 22, 2008 had approved a proposal of merger of SKG Power Ventures Private Limited with the Company. The board has approved a swap ratio of 500 equity shares of Rs. 10/- each along with 13567 Compulsorily convertible Cumulative Preference Shares of the Face value of Rs. 10/- each of Entegra Limited for every one share of ( of the face value of Rs.10/- each) SKG Power Ventures Private Limited.

Jaiprakash Associates Limited has informed the Exchange that "Accepting the recommendation of its Committee of Directors, subject to the requisite approvals and sanction of the Scheme by Hon'ble High Court, the Board of Directors of the Company in their meeting held on December 22, 2008, have inter-alia approved the amalgamation of Jaypee Cement Limited (JCL), Gujarat Anjan Cement Limited (GACL), Jaypee Hotels Limited (JHL) and Jaiprakash Enterprises Limited (JEL) ( the Transferor companies) with Jaiprakash Associates Limited (the Transferee Company) with effect from April 01, 2008, being the

Jaypee Hotels Ltd has informed the Exchange that "accepting the recommendation of its Committee of Directors, subject to the requisite approvals and sanction of the Scheme by Hon'ble High Court, the Board of Directors of the Company in their meeting held on December 22, 2008, have inter-alia approved the amalgamation of the Company (Transferor Company) with Jaiprakash Associates Limited (the Transferee Company) with effect from April 01, 2008, being the Appointed Date. In terms of the proposed Scheme of Amalgamation the shareholders of the Transferor Company, as on the Record Date to be fixed

Aia Engineering Limited has informed the Exchange that AIA Engineering Limited ("the Company") had filed a Company Application with the Hon'ble High Court of Gujarat, Ahmedabad on November 21, 2008 for approving the Scheme of Amalgamation of Reclamation welding Limited and Paramount Centrispun Castings Private Limited with the Company. Subsequently, the Hon'ble High Court of Gujarat, by an Order dated November 24, 2008 has directed that a meeting of the Equity Shareholders of the Company be convened and held on January 16, 2009 for the purpose of considering, and if thought fit, approve with

Datamatics Technologies Limited has informed the Exchange that "Scheme of Arrangement" of Datamatics Limited and its group companies with Datamatics Technologies Limited is passed by the High Court, Bombay on December 12, 2008.

Sesa Goa Ltd. has informed the Exchange that "The High Court of Bombay at Goa has approved today, i.e. December 18, 2008, the Scheme of Amalgamation of Sesa Industries Limited with Sesa Goa Limited with appointed Date of April 1, 2005. We have applied for the certified copy of the order and the same is awaited. On receipt of the certified copy of the Order, the necessary formalities with Registrar of Companies, Goa, Ministry of Corporate Affairs and others will be complied with."

Shree Precoated Steels Limited has informed the Exchange that vide order dated December 12, 2008, the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the equity shareholders of the Company will be held on January 12, 2009 for the purpose of considering and, if thought fit, approving, with or without modification(s), the arrangement embodied in the Composite Scheme of Arrangement between Ajmera Realty and Infra India Limited and Ajmera Precoated Steel Limited and their respective Shareholders("the Scheme"). Further, the Scheme also involves Capital Reduction of the Co

Colgate Palmolive (India) Ltd has informed the Exchange that the Board of Directors of the Company at their meeting held on December 16, 2008, considered and approved a Scheme of Amalgamation which provides for the merger of SS Oral Hygiene Products Private Limited ('SS Oral'), a wholly owned subsidiary of the Company with itself. The Appointed Date for the Scheme of Amalgamation is April 01, 2008. The entire Equity Share Capital of SS Oral is held by Colgate-Palmolive (India) Limited. Therefore, upon the Scheme becoming effective the entire equity share capital of SS Oral will stand automatic

Satyam Computer Services Ltd has informed the Exchange that the Board of Directors of the Company in its meeting held on December 16, 2008 approved the proposals to acquire Maytas Infra Limited with controlling stake and Maytas Properties Limited as a wholly owned subsidiary. Further, the company has submitted a press release dated December 16, 2008, titled "Satyam scripts diversification strategy; Acquires Maytas Infra and Maytas Properties to create a significant infrastructure play". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporate

Mukta Arts Ltd. has informed the Exchange that the Chairman and Managing Director of the Company, Mr. Subhash Ghai has acquired 5000 equity shares of Mukta Arts Limited on December 15, 2008 whereby his shareholding increases from 54.97% to 54.99%.

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 17,588 Equity Shares of Rs. 2/- each i.e. 0.03% of the existing paid up capital of the Company through open market purchases in normal segment on Stock Exchange(s)".

Sasken Communication Technologies Limited has informed the Exchange that at its meeting held on December 15, 2008, the Board has approved the proposal to approach the shareholders of the Company and thereafter the Hon'ble High Court of Karnataka for the approval of a Scheme of Arrangement under Section 391/394 of the Companies Act, 1956. The proposed scheme envisages creation of a Business Restructuring Reserve from the Reserves & Surplus of the Company, including Share Premium Account.

Srf Ltd. has informed the Exchange that the Board of Directors at its meeting held on December 12, 2008 has approved a proposal to acquire Engineering Plastic business and Industrial Yarn business from SRF Polymers Ltd. for a consideration of Rs.151.60 crores, subject to due diligence. The effective date for the transfer shall be January 01, 2009.

State Bank Of India has informed the Exchange that the acquisition of SBI Commercial and International Bank Ltd. (SBICI) has been approved by Boards of State Bank of India and SBICI subject to necessary regulatory approvals. Further, the Executive Committee of Central Board (ECCB) of State Bank of India and the Board of SBI Capital Markets Ltd. (SBICAP) have approved takeover of SBICAP Securities Ltd. (SSL) by State Bank of India from SBI Capital Markets Ltd. to make it a subsidiary of State Bank of India subject to necessary regulatory approvals.

Godrej Consumer Products Limited has informed the Exchange that the Board of Directors of the Company has at its meeting held on December 09, 2008 approved a proposal for acquisition of the balance 50% shares in Godrej SCA Hygiene Limited from its Joint Venture partner SCA Hygiene Products A.B, Sweden. GCPL already has a 50% stake in the JV Company. As a result, the Joint Venture Company will become a wholly owned subsidiary of GCPL.

Mukta Arts Ltd. has informed the Exchange that the Chairman and Managing Director of the Company, Mr. Subhash Ghai has acquired 5000 equity shares of Mukta Arts Limited on December 05, 2008 whereby his shareholding increases from 54.94% to 54.96%.

House Of Pearl Fashions Limited has informed the Exchange that : "House of Pearl Fashions Limited has through Multinational Textiles Group Limited, Mauritius, a wholly owned subsidiary of our Company, entered into a Share Purchase Agreement for acquisition of 38% of Ordinary Shares of Nam Long Garment Joint Stock Company, Vietnam. Nam Long Garment Joint Stock Company is engaged into the business of manufacturing of readymade garments in Vietnam and has production capacity of 3 million pieces per annum. This acquisition will enable the Company to establish a manufacturing base in Vietnam".

Indo Tech Transformers Limited has informed the Exchange that the Promoters of the Company, along with their relatives, have by a Share Purchase Agreement dated December 4, 2008 agreed to sell their entire shareholding (5,771,625 fully paid-up equity shares) in the Company aggregating to 54.35% of the paid up capital of the Company to Prolec-Ge Internacional, S.DE R.L. DE C.V., a company incorporated and registered under the laws of Mexico.

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), that Shrenuj Investments & Finance Private Limited, a Promoter Group Company has acquired 23,266 Equity Shares of Rs. 2/- each i.e. 0.03% of the existing paid up capital of the Company through open market purchases in normal segment on Stock Exchange(s)".

Mukta Arts Ltd. has informed the Exchange that the Chairman and Managing Director of the Company, Mr. Subhash Ghai has acquired 5000 equity shares of Mukta Arts Limited on December 04, 2008 whereby his shareholding increases from 54.92% to 54.94%.

Blue Star Limited has informed the Exchange that "Pursuant to Regulation 7(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, we have to inform you that we have been advised by the IL&FS Trust Company Limited vide its letter dated November 26, 2008 that the said Trust in their capacity as the trustees of SMA Family Private Trust has acquired 43,44,659 equity shares of the Company which together with the 31,13,659 equity shares already held by them constitute 8.29% of the total number of equity shares of the Company."

Bombay Rayon Fashions Limited has informed the Exchange that the Hon'ble High Court of Judicature at Bombay has approved the Scheme of amalgamation of Leela Scottish Lace Private Limited, a wholly owned subsidiary with the Company. The effective date of the aforesaid Merger is November 28, 2008.

Indiabulls Real Estate Limited has informed the Exchange that "The Hon'ble High Court of Delhi at New Delhi has, vide its order dated September 01, 2008, received on November 04, 2008, sanctioned the Scheme of Amalgamation ("Scheme") of Indiabulls Power Services Limited ("IPSL") with Sophia Power Company Limited ("Sophia"). Both IPSL and Sophia are subsidiaries of the Company. A Certified Copy of the Court Order approving the Scheme has been duly filed today, i.e. December 03, 2008, with the office of the Registrar of Companies, NCT of Delhi and Haryana, thereby bringing the Scheme into effect

Prime Focus Limited has informed the Exchange that "The Hon'ble High Court of Judicature at Bombay on November 28, 2008 has approved the Scheme of Arrangement between Prime Focus Limited, Storemedia Technologies Private Limited and their respective Shareholders and Creditors for the amalgamation and transfer of business of Storemedia Technologies Private Limited to Prime Focus Limited".

Mukta Arts Ltd. has informed the Exchange that the Chairman and Managing Director of the Company, Mr. Subhash Ghai has acquired 10000 equity shares of Mukta Arts Limited on November 28, 2008 whereby his shareholding increases from 54.88% to 54.92%

Ht Media Limited has informed the Exchange that the Board of Directors of HT Media Limited (HTML) at its meeting held on November 28, 2008 has approved a proposal for demerger of Radio Business of HT Music and Entertainment Company Limited (HTME), a subsidiary company and vesting thereof into HTML, in terms of a Scheme of Arrangement and Restructuring u/s 391-394 read with Sections 100 to 104 of the Companies Act, 1956 between HTME and HTML and their respective Shareholders and Creditors, which is subject to necessary approval(s) / sanction of the concerned authorities and Hon'ble Delhi High C

Cadila Healthcare Limited has informed the Exchange that the Hon'ble High Court of Gujarat at Ahmedabad has at the hearing held on October 23, 2008, approved the Composite Scheme of Arrangement between Carnation Nutra-Analogue Foods Limited ("Carnation") and Cadila Healthcare Limited ("Cadila") and Zydus Hospitals and Medical Research Private Limited ("ZHMRPL") and their respective shareholders and creditors ('Composite Scheme') for the transfer of the Consumer Products Division of Cadila into Carnation and amalgamation of ZHMRPL with Cadila.

United Spirits Limited has informed the Exchange that: "The Board of Directors of the Company in their meeting held on November 29, 2008 has considered and approved the proposal of merger of Balaji Distilleries Limited ('BDL') into United Spirits Limited ('USL') with effect from April 01, 2009 subject to the necessary approvals. Share Exchange Ratio: Taking into consideration the equity share exchange ratio recommended by the valuers i.e. Grant Thomton and Lodha & Co., for the merger of BDL into USL, the exchange ratio for equity shareholders of BDL has been approved by the Board of Directors

Arvind Limited has informed the Exchange that: "At the meeting of the Board of Directors of the company held on 28th November 2008, the Board has approved, subject to the approvals of the High Court of Gujarat under Sections 391 and 394 read with Sections 78, 100 to 103 and other relevant provisions of the Companies Act, 1956 and of such majority of the members and other class as may be required, a Composite Scheme of Arrangement between Arvind Limited and Arvind Lifestyle Brands Limited and Arvind Retail Limited. The composite Scheme of Arrangement provides for De-merger and Transfer of Brand

K S Oils Limited has informed the Exchange that the Company has signed the necessary agreement with Ambo Agro Products Limited, a Kolkata based group for acquisition of its Edible oil refinery in Haldia Port as a going concern with an investment up to Rs. 150 crores.

Dabur India Ltd has informed the Exchange that: "The Board of Directors of the company in its meeting held on November 21, 2008 has considered and unanimously approved the following: a) Entering into a Share Purchase Agreement with the existing promoters of FEM CARE PHARMA LIMITED (FEM) for acquisition of 25,46,596 equity shares of Rs. 10/- each of "FEM" representing 72.15% of the fully diluted paid up equity share capital of "FEM" (including 5,21,300 equity shares which are to be issued pursuant to the scheme of merger with Mirasu Marketing Ltd, a subsidiary of "FEM") at a price of Rs.800 per

Colgate Palmolive (India) Ltd has informed the Exchange that: "We have today (November 20, 2008) announced the sale of our shareholding in the wholly owned subsidiary, Colgate Pamolive (Nepal) Pvt. Ltd to Everest Hygiene Products Pvt Ltd. Nepal, as a going concern. Concurrent with the sale, we have signed a contract manufacturing agreement to continue to source toothpowder from the factory in Hetauda, Nepal, thus providing for continuity of operations at the Plant and exports from Nepal. All employees of Colgate- Pamolive(Nepal) Pvt Ltd. will continue their employment on the existing terms and

Jayaswal Neco Industries Limited (JNIL) has informed the Exchange that the Board of Directors of JNIL, at its meeting held on November 19, 2008, approved the Merger of Inertia Iron and Steel Pvt Ltd (IISIPL) with JNIL from March 31, 2008 as the Appointed Date for Merger. IISIPL has 0.8 million TPA Sinter Plants, 0.4 million TPA Steel Melt Shop and 0.4 million TPA of Long Product Rolling Mill for Alloy Steel. A copy of the press release in this regard shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Cor

Jayaswal Neco Industries Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on November 19, 2008, the Board considered and approved subject to necessary approvals of Shareholders, Creditors, Stock Exchanges and other Regularity Bodies and further subject to sanction of the High Court in that behalf 3 separate Schemes of Arrangements as per the details given in the attachment. 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

Kothari Products Ltd. has informed the Exchange that the Hon'ble High Court of Allahabad at its hearing held on 16th September, 2008 approved the Scheme of Arrangement between Kothari Products Limited (KPL) and Pan Parag India Limited (PPIL), the Resulting Company for demerger of Pan Masala Division, Beverages Division & Trading Division of KPL into PPIL. The certified copy of the order dated 16th September, 2008 of the Hon'ble High Court of Allahabad has been filed electronically by KPL & PPIL with Registrar of Companies, UP & Uttranchal on November 18, 2008. Further as per the Scheme it wi

Revathi Equipment Limited has informed the Exchange that: "The Board of Directors of our joint venture Company viz. Potential Service Consultants Private Limited, Bangalore and the Board of Directors of our subsidiary company viz. Semac Limited, Bangalore have decided yesterday (18/11/2008) that Potential Service Consultants Private Limited shall merge with Semac Limited. subject to the approval of the High Court, Karnataka and of their respective shareholders. Based on swap ratio approved by the Board of Directors of the companies, the merged company will become subsidiary of Revathi Equipmen

Pantaloon Retail (India) Ltd. has informed the Exchange that "The Company has divested its holding in Alpha Future Airport Retail Private Limited, a 50:50 joint venture company between the Company and Alpha Group Plc. in favour of Alpha Overseas Holdings Limited and moved out of the joint venture."

Punjab Tractors Ltd. has informed the Exchange that at the Court Convened Meeting of Equity Shareholders of the Company held on Saturday, 15th November, 2008, a poll was conducted for the purposes of considering and, if thought fit, approving with or without modification(s), the arrangement embodied in the Scheme of Amalgamation of Punjab Tractors Limited with Mahindra and Mahindra Limited and their respective Shareholders('the Scheme'). At the meeting, the Scheme has been approved with an overwhelming majority in number and value (99.99%), by the Equity Shareholders present at the Meeting and

Mcnally Bharat Engineering Company Limited has informed the Exchange vide its letter dated November 10, 2008 that "The Board of Directors of McNally Bharat Engineering Company Limited (MBECL) at their meeting held have today approved of a Scheme of Arrangement for Reconstruction of MBECL and its subsidiary, namely McNally Sayaji Engineering Limited (MSEL), whereby and whereunder the Products Division of MBECL engaged in the business of manufacturing and/or procuring equipment for various engineering and infrastructure projects, having its units at (i) Kumardhubi in the State of Jharkhand, (ii)

Meghmani Organics Limited has informed the Exchange that the Company have received intimation from Mr. Natwarlal Meghjibhai Patel, Managing Director of the Company to have purchased the shares. 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/Megh_Update_07112008.zip target=NEW> For more details click here.</a>

Ranbaxy Laboratories Ltd had informed the Exchange that M/s Daiichi Sankyo Company, Limited ("Daiichi Sankyo") having its registered office at 3-5-1 Nihonbashi-honcho, chuo-ku, Tokyo-103-8426, Japan, had acquired 220,690,423 Equity shares constituting 52.5% of the issued, Subscribed and Fully paid - up Equity Share Capital of Ranbaxy Laboratories Limited ("the Company"). The Company has now informed the Exchange that: "Daiichi Sankyo has acquired 48,020,900 Equity Shares of the Company today (i.e. November 7, 2008) from Mr. Malvinder Mohan Singh & Mr. Shivinder Mohan Singh, including their re

Dolphin Offshore Enterprises (India) Limited has informed the Exchange that the Promoters of the Company has done an inter-se transfer of 20800 shares for a total consideration of Rs. 1,12,739 (including Brokerage and Securities Transaction Tax) on October 31, 2008. The details are as follows: (1) Name of the Transferor: Kanika Shipping Limited; Name of the Transferee: Dolphin Offshore Projects Limited; No. of shares: 13760. (2) Name of the Transferor: Oakland Trading Private Limited; Name of the Transferee: Dolphin Offshore Projects Limited; No. of shares: 7040; Total (No. of shares): 20800.

Great Offshore Limited has informed the Exchange vide its letter dated November 05, 2008, that: "Great Offshore Ltd., today completed all procedural formalities and acquired 100% equity stake in two unlisted companies, viz, KEI-RSOS Maritime Ltd. (KEI) and Rajamahendri Shipping & Oilfield Services Ltd. (RSOS) at an aggregate consideration of around Rs.160 crores. The profit making companies are based at Hyderabad and Rajahmundry (AP) respectively. For the financial year ended March 31, 2009, the companies being wholly owned subsidiaries of Great Offshore Limited will add to EPS accretion on a