Corporate announcements

Centurion Bank Of Punjab Limited has informed the Exchange that: "The Reserve Bank of India vide its Order dated 20th May 2008 has approved the Scheme of Amalgamation of Centurion Bank of Punjab Limited with HDFC Bank Limited. The Scheme of Amalgamation shall come into effect from May 23, 2008".

Hdfc Bank Ltd has informed the Exchange that: "The Reserve Bank of India vide its Order dated 20th May 2008 has approved the Scheme of Amalgamation of Centurion Bank of Punjab Limited with HDFC Bank Limited. The Scheme of Amalgamation shall come into effect from May 23, 2008".

Mcleod Russel India Limited has informed the Exchange that : "With the filing of the Certified Copy of the Order dated 16th April 2008 of the Hon'ble High Court at Calcutta approving the aforesaid Scheme of Amalgamation with the Registrar of Companies on 16th May 2008, the Scheme of Amalgamation of The Moran Tea Company (India) Limited with our Company has become effective with retrospective effect from 01st April 2007".

Educomp Solutions Limited has informed the Exchange regarding Acquisition of Learning.com, U.S.A. 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/Educomp_Acq_20052008.zip target=NEW> For more details click here.</a>

Il&Fs Investsmart Limited has submitted to the Exchange a copies of the formal communications received from E*TRADE Mauritius Limited, Mauritius and Infrastructure Leasing & Financial Services Limited informing about proposed sale of their respective stakes in IL&FS Investsmart Limited. 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/ILFS_ANN_20052008.zip target=NEW> For more details click here.</a>

Mcnally Bharat Engineering Company Limited has informed the Exchange that: "The Board of Directors of McNally Bharat Engineering Co. Ltd. (MBE) at its meeting held on 16 May, 2008 has unanimously agreed to acquire 68.28% share holding of Sayaji Iron & Engineering Co. Ltd. (SAYAJI), having its Registered Office at Chhani Road, Vadodara 390002, Gujarat, representing the entire holding of the existing promoters at Rs.59.01 crores. An MOU has already been signed to this effect on 16 May 2008. As per the provisions of SEBI take over code MBE has taken steps to give open offer. SAYAJI with its plant

Lg Balakrishnan & Bros Ltd has informed the Exchange that the Hon'ble High Court of Judicature at Madras, vide order dated April 21, 2008 received by the Company on May 08, 2008 has sanctioned the Scheme of Arrangement of Demerger between L.G. Balakrishnan & Bros Limited (LGB), LGB Forge Limited (LGBFL) and their respective shareholders. Further the Company has informed the Exchange that the said court order has been duly filed with the Register of Companies, Coimbatore on May 09, 2008. Accordingly, May 09, 2008 is the 'Effective Date' for the Scheme of Arrangement as aforesaid.

Nilkamal Limited has informed the Exchange that : "The Company has acquired 5001 Equity Shares of the face value of Rs. 10/- each representing 50.01% of the paid up capital of Starshine Land Developers Private Limited from its existing Promoters for a consideration of Rs. 50,010/- (Rupees Fifty Thousand Ten only). Starshine Land Developers Private Limited is a 50.01:49.99 Joint Venture Company between Nilkamal Limited and Bhoomi Realty India Private Limited. Starshine Land Developers Private Limited is into the business of property development and is intending to acquire a property in the subu

Indiabulls Real Estate Limited has informed the Exchange that: "In continuation of the intimation sent by Indiabulls Real Estate Limited ("Company") on 28th February 2008 and 7th May, 2008 in relation to the proposed investment and/or purchase of up to 100% of the ordinary shares in Dev Property Development Plc. ("DPD Shares"), an Isle of Man registered company listed on the London Stock Exchange's AIM ("DPD"), by issuance of new ordinary shares of the Company ("New IBREL Shares") represented by Global Depository Receipts ("GDRs") listed on the Luxembourg Stock Exchange's Euro MTF. The propose

Revathi Equipment Limited has informed the Exchange that "Revathi Equipment Ltd has acquired 70% in the equity capital of Semac Pvt. Ltd., Bangalore, a company providing Engineering design solutions for industrial/ commercial and infrastructure constructions, for a consideration of Rs.45.50 Crores. Semac serves its customers from its offices spread over Bangalore, Delhi, Hyderabad and Middle East. Their website address is www.semacindia.com."

Indiabulls Real Estate Limited had informed the Exchange that: "In continuation of the intimation sent by Indiabulls Real Estate Limited ("Company") on 28th February 2008 in relation to the proposed investment and/or purchase of up to 100% of the ordinary shares in Dev Property Development Plc. ("DPD Shares"), an Isle of Man registered company listed on the London Stock Exchange's AIM ("DPD"), by issuance of new ordinary shares of the Company ("New IBREL Shares") represented by Global Depository Receipts ("GDRs") listed on the Luxembourg Stock Exchange's Euro MTF. The proposed investment and/o

Hcl Infosystems Ltd has informed the Exchange that: "HCL Infosystems Limited has acquired the entire share capital of Natural Technologies Pvt. Ltd. (NTPL), a company engaged in the business of providing banking software products & solutions, for a consideration of Rs. 8.39 Crores".

Allcargo Global Logistics Limited has informed the Exchange vide its letter dated May 02, 2008 that "The Hon'ble Bombay High Court has today approved the Scheme of Arrangement ('The Scheme') between the Company, Transindia Freight Services Pvt. Ltd. and their respective shareholders and creditors made u/s 391 to 394 of the Companies Act, 1956, comprising of de-merger of the Project and Equipment Division of Transindia Freight Services Pvt. Ltd. in favour of the Company. The Scheme will become effective from January 1, 2007 i.e. the Appointed Date, upon filing of the High Court order with Regis

Mindtree Consulting Limited has informed the Exchange that Board of Directors of Company (the "Company"), in the Board meeting held on May 02, 2008, have considered and unanimously approved the proposal to acquire 14,655,280 equity shares of Rs.3 each of Aztecsoft Limited ("Aztecsoft"), constituting 32.57% of the voting capital of Aztecsoft on the date of this notice, for a purchase consideration of Rs.1,172,422,400 (Rupees One Billion One Hundred Seventy Two Million Four Hundred Twenty Two Thousand Four Hundred only), from E4E Holdings Limited (the "Seller"), the existing promoter of Aztecsof

Ssi Ltd. has informed the Exchange that "The Hon'ble High Court of Judicature at Madras at Chennai, vide its order dated April 25, 2008, received by the Company on April 30, 2008, sanctioned the Scheme of Amalgamation between PVP Ventures Private Limited with SSI Limited and their respective shareholders and creditors. Further, the certified copy of the Hon'ble Court order has been duly filed (uploaded on the MCA Portal) with the office of the Registrar of Companies, Tamilnadu at Chennai on May 01, 2008. Accordingly, May 01, 2008 is the 'Effective Date' for the Scheme of Amalgamation as afores

Prime Focus Limited has informed the Exchange that: "The Board of Directors of the Company at its meeting held on April 30, 2008 approved in principle to pursue a Scheme of Arrangement for merger of its wholly owned subsidiary, Storemedia Technologies Private Limited with the Company. The Scheme would be subject to all the necessary permissions, sanctions and approvals, including inter-alia, of shareholders, lenders, Stock Exchanges, High Court to the Scheme of Arrangement".

Org Informatics Limited has informed the Exchange that: "M/s. Deutsche bank AG A/c Deutsche Securities Mauritius Limited has acquired 1,062,800 equity shares of the Company which amounts to 6.19% of the total shareholding of the Company. These shares are received against conversion of GDRs. The effective date of acquisition is April 17, 2008. After the above-said acquisition the total holding of Deutsche Bank AG is 1,770,949 which amount to 10.32% of the total shareholding of the Company."

Bharti Airtel Limited has informed the Exchange regarding the brief note on Scheme of Amalgamation of Bharti Aquanet Limited into Bharti Airtel Limited : "Bharti Aquanet Limited the Transferor Company has set up landing station at Chennai for handling data and voice transmission in and out of India in association with Domestic Long Distance operators and Submarine Cable Companies. Initially Bharti Aquanet Limited was 51% subsidiary and the balance 49% capital of Transferor Company was held by Singtel of Singapore. Thereafter, the Transferee Company acquired the balance 49% shareholding of Tra

Abb Limited has informed the Exchange that : "Pursuant to the resolutions passed by the Board of Directors of the company, at their meeting held on February 19, 2008, the Company sold 280,500 equity shares of the face value of Rs. 10/- each constituting 25.5% of the equity share capital of Integra Hindustan Control Limited, to Integra Holding AG, Switzerland, on April 23, 2008. The said transaction is in the nature of inter-se transfer of shares among promoters."

Bharti Airtel Limited has informed the Exchange that the Company Application filed by Bharti Aquanet Limited, a wholly owned subsidiary company for its merger into Bharti Airtel Limited has been allowed by Hon'ble High Court of Delhi on April 23, 2008. Vide said order the Court has also exempted Bharti Airtel Limited from filing any Application/ petition in this regard. The formal order of Hon'ble High Court of Delhi is awaited.

Nahar Spinning Mills Ltd. had informed the Exchange regarding the Order dated 21.12.2006 passed by the Hon'ble Punjab & Haryana High Court sanctioning the scheme of demerger and arrangement between the company, Nahar Exports Limited and Nahar Capital and Financial Services Limited. The said Order gave Nahar Capital and Financial Services Limited six months time for obtaining registration from the Reserve Bank of India as Non Banking Finance Company and certificate of commencement of business. The said period was extended upto July 15, 2008 vide Order dated January 10, 2008. The Company has now

Carborundum Universal Ltd had informed the Exchange regarding the proposal for Merger of Prodorite Anticorrosives Limited (PACL) with Carborundum Universal Limited (CUMI) with effect from April 01, 2007, subject to all statutory approvals (including that of the High Court). The Company has now informed the Exchange that the High Court has approved the aforesaid merger. PACL is a 100% subsidiary of CUMI and is engaged in the business of acid resisting cements, corrosion resisting products, polymer concrete and fibre reinforced plastics etc. This business is synergistic with the super refractori

Ranbaxy Laboratories Ltd has informed the Exchange that the Board of Directors at its meeting held on April 22, 2008 took note of following :- 1) Acquisition of 9,669,977 Equity Shares of Orchid Chemicals & Pharmaceuticals Ltd. (Orchid) constituting 14.69% of the Equity Share Capital of Orchid by Solrex Pharmaceuticals Company (Solrex), a partnership firm between Solus Pharmaceuticals Ltd. and Rexcel Pharmaceuticals Ltd., wholly owned subsidiaries of the Company and 2) Disclosures made by Solrex to the Stock Exchanges and Orchid in regard to the above.

Everest Kanto Cylinder Limited has informed the Exchange that: "EKC group has successfully completed the acquisition process and has acquired all the assets of CP Industries, Inc., located in McKeesport, Pittsburgh, U.S.A (a division of Reunion Industries Inc. U.S.A.) for an amount of USD 66.3 million."

Cambridge Solutions Limited has informed the Exchange that: " The Conditions pertaining to Amalgamation and Arrangement of Cambridge Integrated Services India Private Limited and Matrixone India Limited with Cambridge Solutions Limited is completed on April 11, 2008 and the same being the effective date of the scheme.

Texmaco Limited has informed the Exchange that the Order dated April 10, 2008 issued by the Hon'ble High Court, Calcutta, approving the merger of M/s. Neora Hydro Ltd., Shree Export House Ltd. and Evershine Merchants Pvt. Ltd. with Texmaco Limited.

Eicher Motors Ltd has informed the Exchange that "Eicher Motors Ltd (EML) had the following two Wholly Owned Subsidiaries in USA: 1) Design Intent Engineering Inc., ("DIE") 2) Hoff & Associates Inc., ("HOFF"). Both the companies were incorporated under the Laws of the State of Michigan, U.S.A. and engaged in a similar business of providing services in Engineering Design Services. The Company had decided to merge HOFF with DIE to consolidate the investment of the Company in a single entity. Accordingly, HOFF merged with DIE and the name of the merged entity has been changed to Eicher Engineerin

Mcleod Russel India Limited has informed the Exchange that : "The Hon'ble High Court at Calcutta at the hearing held on 16th April 2008 has sanctioned the Scheme of Amalgamation of The Moran Tea Company (India) Limited with our Company with effect from the appointed date i.e. 1st April 2007. The Scheme will become effective upon filing of the Certified Copy of the Order of the Hon'ble High Court at Calcutta with the Registrar of Companies, West Bengal, Kolkata."

Subex Limited has informed the Exchange regarding the copy of the order of the Hon'ble High Court of Karnataka approving the Scheme of Arrangement providing inter alia, for the transfer of the Services Business of the company to Subex Technologies Limited, a wholly owned subsidiary.

Jk Tyre & Industries Limited has informed the Exchange that: "Board of Directors of the Company at its meeting held on 11th April 2008, inter alia, has considered the following proposal:- Approved, subject to regulatory approvals and compliance with certain contractual and conditions precedent, the proposal to acquire 100% shareholding of a Mexican Tyre Manufacturing Company, having three plants in and around Mexico City in Mexico. The three plants together have a capacity to manufacture 290 Metric Tons per day (approx). With the above acquisition, the Company will get control over the complet

Allied Digital Services Limited has informed the Exchange that the company have completed acquisition of 51.05% of Equity shares in Digicomp Complete Solutions Private Limited by signing the Share Purchase Cum Share Subscription and Shareholder's Agreement. Further the Company has informed that Mr. Nitin D. Shah, (Chairman and Managing Director) of Allied Digital Services Limited, Mr. Prakash D. Shah (Whole time Director and CFO) of Allied Digital Services Limited and Mr. Manoj R. Shah (Whole time Director and CIO) of the Allied Digital Services Limited have been appointed as additional direct

Opto Circuits (India) Limited has informed the Exchange that "The Company has successfully completed Acquisition of Criticare Systems, Inc. ("Criticare") (AMEX: CMD). And the said company i.e. Criticare Systems, Inc. will be wholly owned subsidiary company of Opto Circuits (India) Limited".

Renaissance Jewellery Limited has informed the Exchange that: "The Board of Directors of Renaissance Jewellery Ltd. has approved the acquisition of L. J. Creations Private Limited by purchasing 100% of its equity shares".

Consolidated Finvest & Holdings Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on April 10, 2008 considered and approved de-merger of its business of investments in group companies (Business Holding division) in to a new Company i.e. Jindal India Finvest & Holdings limited (JIFHL) and amalgamation of Jindal India Powertech Limited (JIPL) with Consolidated Finvest & Holdings Limited. The salient features of the proposed Scheme of Arrangement and Amalgamation is as under: 1) Appointed Date for the Scheme of Arrangement and Amalgamation is 1st A

Financial Technologies (India) Limited has informed the Exchange that : "The Company has acquired 90% stake in ICX Platform (Pty) Ltd, a Technology Company situated at Johannesburg, South Africa, having IPR & corporate ownership of Electronic Warehouse Receipts Technology, at a cost of upto USD 1.50 million, subject to applicable approvals and fulfillment of certain Representations and Warranties by the Sellers of ICX."

Orient Information Technology Limited has informed the Exchange that "The shareholders of the Company at their court convened meeting held on 8th April, 2008 have approved the scheme of arrangement with some modifications, between Marketplace Technologies Private Limited and Orient Information Technology Limited and IT People (India) Limited and their respective shareholders, with requisite majority".

Future Capital Holdings Limited has informed the Exchange that: "Kshitij CapitaLand and Mall Management Private Limited (KCMMPL) is a 50:50 Joint Venture between Future Capital Holdings Limited (FCH) and CapitaLand Retail India Pte. Ltd. (CapitaLand) with each party holding 50% of KCMMPL. In this regard, we wish to inform that FCH has acquired the 50% stake of CapitaLand in KCMMPL on 9th April, 2008. Accordingly, effective 9th April, 2008, KCMMPL has become a wholly owned subsidiary of FCH".

Garware Wall Ropes Ltd. has informed the Exchange that: "Pursuant to the resolution passed by the Board of Directors of the Company at its meeting held on 25th January, 2008, the Company has taken action today i.e. 9th April, 2008, to acquire 10,000 equity shares of Rs. 10/- each, i.e. entire share capital of Garware Environmental Services Private Limited (GESPL). Consequently the GESPL has become a wholly owned subsidiary of Garware-Wall Ropes Limited".

Century Plyboards (India) Limited has informed the Exchange that the Scheme of Amalgamation of Century Panels Pvt. Ltd. Sharon Veneers Pvt. Ltd. and Sharon Wood Industries Pvt. Ltd. with the Company is now approved by the Hon'ble High Court at Calcutta vide its order dated March 05, 2008 and Hon'ble High Court at Delhi vide its order dated February 27, 2008. Certified copies of the said orders have been filed on April 01, 2008 with respective Registrar of Companies at Calcutta and Delhi. With filing of these copies with the respective Registrars of Companies on April 01, 2008, the merger is n

Tech Mahindra Limited has informed the Exchange that: "The Hon'ble High Court of Bombay, the Hon'ble High Court of Karnataka and the Hon'ble High Court of Delhi, at the hearing held on March 28, 2008, April 3, 2008 and April 4, 2008 respectively have approved the Scheme of Amalgamation between iPolicy Networks Limited and Tech Mahindra (R & D Services) Limited with Tech Mahindra Limited and their respective shareholders ('the Scheme')."

Opto Circuits (India) Limited has informed the Exchange that "The company has acquired a majority stake in Criticare Systems Inc. (AMEX:CMD), Upon the completion of the share transfer process, Criticare Systems will become a subsidiary of Opto Circuits. Having access to the expanded product line and leading edge technology offered by Criticare Systems will allow Opto Circuits to enter new markets and compete more effectively with leading manufacturer of Vital Sign Monitors, Anesthesia Monitors, Pulase Oximeters and Patient Monitors and accessories. In addition, the acquisition now adds anesthe

Century Plyboards (India) Limited has informed the Exchange that "In terms of Clause 11.1.1 of the Scheme of Amalgamation the Board of Directors of the Company have fixed 15th April, 2008 as 'Record Date' for the purpose of allotment of shares to the shareholders of erstwhile Transferor Companies, viz Century Panels Pvt. Ltd., Sharon Veneers Pvt. Ltd. and Sharon Wood Industries Pvt. Ltd". Further the Company has a submitted a copy of the notice being sent to the shareholders of the said companies. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corpora

Time Technoplast Limited has informed the Exchange that "This has reference to our earlier communication dated 27th December 2007 about the acquisition of 100% shareholding of GULF Power Beat WLL(GPW)-a Bahrain based battery manufacturing company through our subsidiary (71%) NED Energy Limited - a Hyderabad based unlisted Company engaged in manufacture of VRLA batteries". Further the Company has submitted a copy of brief note dated April 07, 2008 titled "Completion of Acquisition of Gulf Power Beat WLL, Bahrain, Battery manufacturing facility". A copy of the brief note shall be available on th

Nitin Fire Protection Industries Limited has informed the Exchange regarding the following: "Nitin Fire has acquired 40% stake in Dubai based New Age Company LLC". 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/Nitinfire_acq_04042008.zip target=NEW> For more details click here.</a>

Royal Orchid Hotels Limited has informed the Exchange that: "As a part of expansion plans of the company, Royal Orchid Hotels Limited has acquired 50% stake in Cosmos Premises Private Limited having its office at B 124, Vardhaman Complex, Fitwel Compound Vikhroli West Mumbai-83. Cosmos Premises Private Limited is owner of the property i.e. the Galaxy Resorts having 65 No. of Rooms-Beach Resorts, situated in village Utorda in the State of Goa".

Colgate Palmolive (India) Ltd has informed the Exchange that "The Company has acquired 75 per cent shareholding in CC Health Care Products Private Limited, Hyderabad which is engaged in the manufacture of toothpower. The said company has been manufacturing and supplying toothpowder to us for last several years."

Srei Infrastructure Finance Limited has informed the Exchange that: "The Company has received certified copy of the Order from the Hon'ble High Court of Kolkata sanctioning the Scheme of Arrangement between SREI Infrastructure Finance Limited (Transferor Company (SIFL)) and SREI Infrastructure Development Finance Limited (Transferee Company (SIDFL)). The Scheme has become effective from 2nd April, 2008, consequent upon filing of certified copy of the said order with the Registrar of Companies,West Bengal".

Sundaram Clayton Ltd has submitted to the Exchange a detailed note on the Scheme of Arrangement between the Company and WABCO-TVS (INDIA) Limited and their respective shareholders and creditors. 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/sundaram_scheme_020408.zip target=NEW> For more details click here.</a>

Pritish Nandy Communications Ltd. has informed the Exchange that "Ideas.com India Private Limited, a promoter group company has acquired 1,04,989 (0.73%) equity shares of the Company during March, 2008 and its holding has increased from 2,56,524 (1.77%) equity shares to 3,61,513 (2.50%) equity shares in the FY 2007-08. Accordingly, the holding of Promoters of the Company has increased from 42,56,994 (29.43%) equity shares to 43,61,983 (30.15%) equity shares in the FY 2007-08."

Vardhman Textiles Limited had informed the Exchange that: "The Scheme of Arrangement, Re-organization and Demerger by and amongst Vardhman Textiles Limited (VTXL), Vardhman Threads Limited (VTL) (a 100% subsidiary of VTXL), Vardhman Yarns and Threads Limited (a subsidiary of VTXL) and their respective shareholders and creditors has been sanctioned by the Hon'ble Punjab and Haryana High Court and Order for the same has been received on 17th March, 2008. The Scheme provides for the transfer of the Thread Business of VTXL on slump sale basis and demerger of the Thread business of VTL to VYTL". Fu