Corporate announcements

Essel Propack Ltd. has informed the Exchange that "Tacpro Inc. USA, a subsidiary of Lamitube Technologies (Cyprus) Limited, which in turn is a wholly owned subsidiary of the Company has intimated to us about the acquisition of 100% shareholding of Catheter and Disposables Technology, Inc., a Company based in Minneapolis, USA and in the business of Medical Devices."

Sundaram Clayton Ltd has informed the Exchange that in pursuance to the Order of the Hon'ble High Court of Madras, vide its order dated February 20, 2008, sanctioning the Scheme of Arrangement between the Company and WABCO-TVS (INDIA) Limited and their respective shareholders and creditors, all the assets, liabilities, duties, rights, obligations of every description of the demerged undertaking, namely the brakes business of Sundaram-Clayton Limited (SCL), stands transferred to and vested in WABCO-TVS and in consideration of such vesting, the share capital of both WABCO-TVS and SCL are reorgan

Wipro Ltd has informed the Exchange that: "Pursuant to filing of certified copies of orders of the High Court of Karnataka, High Court of Bombay and High Court of Andhra Pradesh with the respective Offices of the Registrar of Companies, the following direct and step down subsidiary companies of Wipro Limited stands amalgamated with Wipro Limited. The merger comes into effect from the Appointed Date i.e. April 1, 2007. 1) Wipro Health Care IT Limited; 2) Wipro Infrastructure Engineering Limited; 3) Quantech Global Services Limited; 4) Mpower Software Services (India) Private Limited; 5) Mpact T

Sundaram Clayton Ltd has informed the Exchange that the Hon'ble High court of Madras vide its order dated February 20, 2008 has sanctioned the Scheme of Arrangement between the Company and WABCO-TVS (INDIA) Limited and their respective shareholders and creditors. The certified copy of the Hon'ble High Court of Madras has been filed with the Registrar of Companies, Chennai, Tamilnadu (ROC), on March 28, 2008, and hence the Scheme has become effective from March 28, 2008, being the 'effective date' as defined under the Companies Act, 1956.

Bank Of Maharashtra has informed the Exchange that: "In terms of Government of India notification No:1/4/2006-RRB dated 25th March 2008 Aurangabad Jalna Gramin Bank (AJGB) and Thane Gramin Bank (TGB) sponsored by Bank of Maharashtra have been amalgamated to form a new Regional Rural Bank (RRB) viz. Maharashtra Godavari Gramin Bank (MGGB). The Head office of New Bank would be at Aurangabad with area of operation in nine districts of Maharashtra State viz. Aurangabad, Jalna, Ahmednagar, Jalgaon, Raigad, Thane, Nasik, Dhule and Nandurbar. MGGB is having 76 branches which are fully computerized wi

Binani Cement Limited had informed the Exchange regarding proposal to acquire stake in overseas entity. The Company has now informed the Exchange that "M/s Mukundan Holdings Limited have acquired 49% stake in Company in Dubai and 30% stake in Krishna Holdings Pte Limited, Singapore. Consequent upon the acquisition by Mukundan Holdings Limited in Krishna Holdings Pte Limited, Singapore, 100% of the equity shares of Krishna Holdings Pte Limited are now held by the Company and its wholly owned subsidiary M/s Mukundan Holdings Limited".

The Motor & General Finance Ltd has informed the Exchange vide its letter dated March 28, 2008 that "The Board of Directors have approved the Scheme of Amalgamation of two companies namely, NAP Sales Private Limited and Janata Cinemas Properties & Finance Limited with itself i.e. The Motor & General Finance Limited. The Scheme of amalgamation under Section 391 to 394 of the Companies Act, 1956 will be put up before the Hon'ble High Court of Delhi for due sanction of the amalgamation of two companies, namely, NAP Sales Private Limited and Janata Cinemas Properties & Finance Limited with The Mot

Jbf Industries Ltd. has informed the Exchange that "The Board of Directors of the Company in the meeting convened today i.e. on 28th March, 2008 has considered the Scheme of amalgamation of Microsynth Fabrics (India) Limited into JBF Industries Limited. The Valuation Report was taken on record and the Board of Directors has fixed swap ratio One fully paid up equity share of Rs. 10 each of JBF Industries Limited will be issued for every 200 fully paid up equity shares of Rs. 10 each of Microsynth Fabrics (India) Limited."

Ici India Ltd. has informed the Exchange that the Board of Directors in its meeting held on March 28, 2008 has approved the sale of Company's Adhesives Business to an Indian affiliate of the Henkel Group of Germany. The proposal is subject to shareholder's and other approvals. 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/Ici_updates_28032008.zip target=NEW> For more details click here.</a>

Apar Industries Limited has informed the Exchange that: "On March 27, 2008, Apar Industries Ltd has acquired 14,00,000 fully paid up equity shares of Rs.10/- each of Uniflex Cables Ltd., the target company(UCL) at a price of Rs.42.50 per Equity share by way of exercise of option for conversion of 14 Lacs Equity Warrants into Equal number of fully paid Equity Shares under Preferential Allotment . The Shares constitute 6.43% of the Post conversion paid up share capital of UCL. In light of the public announcement issued by Apar Industries Ltd. under Regulation 10 and 12 of the Takeover Regulation

Lg Balakrishnan & Bros Ltd has informed the Exchange that the Scheme of Arrangement between L.G.Balakrishnan & Bros Limited the demerged Company, LGB Forge Limited, the resulting Company and their respective shareholders for the demerger of Forging Division was approved on March 27, 2008 by the shareholders unanimously at the Extra Ordinary General Meeting held as per the directions of the Hon'ble High Court of Judicature at Madras. The meeting was presided over by Shri B. Vijayakumar, Managing Director who was appointed as Chairman of the meeting by the Hon'ble High Court. The Company would t

Tata Chemicals Ltd. has informed the Exchange vide its letter dated March 27, 2008 that: "Tata Chemicals Limited, today, after fulfilling all necessary regulatory requirements and approvals, successfully completed the acquisition of General Chemical Industrial Products Inc. (General Chemicals) in the USA for a total consideration US $ 1,005 million". 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/tatachem_ANN_27032008.zip targ

S. Kumars Nationwide Ltd has submitted to the Exchange a copy of the detailed note on the Scheme of Arrangement between S. Kumars Nationwide Limited and Brandhouse Retails 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/skumar_scheme_260308.zip target=NEW> For more details click here.</a>

Panoramic Universal Limited has informed the Exchange that: "Panoramic Universal has acquired Rishi Garden Resort at Panvel near Mumbai. It is a perfect weekend get away from Mumbai with a water park. The resort is spread over 15 acres of land consisting of 25 cottages and a conference hall. It has been a favorite destination for MICE, Corporate Picnic and family get-togethers. The resort shall be renamed as "Panoramic Resort". The resort is ideally located on Goa Alibaug highway and is a few kilometers away from the Maha Mumbai SEZ as well as the proposed new international airport at Kopra-Pa

Indiabulls Financial Services Limited has informed the Exchange that the Equity Shares of Vipul Limited have been pledged with Indiabulls Financial Services Ltd. in excess of 10% and 14% of the issued capital of Vipul Limited, simultaneously. The details are as under: (1) Shares/Voting Rights (VR) before acquisition under consideration: Number- 59,96,000: %w.r.t total paid up capital of Target Company- 9.99%. (2) Shares/VR acquired: Number- 24,57,000: %w.r.t total paid up capital of Target Company- 4.10%. (3) Shares/VR after acquisition: Number- 84,53,000 shares: %w.r.t total paid up capital o

Ballarpur Industries Ltd has informed the Exchange regarding the Scheme of Arrangement and Reorganization between Ballarpur Industries Limited and BILT Graphic Paper Products Limited and their respective Shareholders and Creditors ("the Scheme") that the Company has completed on March 25, 2008, the process of compulsory buy back of Equity shares of Rs.2/- each of the Company, pursuant to the Scheme."

Grasim Industries Ltd. had informed the Exchange that the Board of the Company at its meeting held on December 4, 2007 had approved the sale of its entire holding of 75,816,681 equity shares representing 53.63% of the capital of Shree Digvijay Cement Company Limited (SDCCL) to CIMPOR Inversiones S.A., Calle Brasil, 56-36024 Vigo, Spain. The Company has now informed the Exchange that with the completion of aforesaid sale on March 25, 2008, SDCCL has ceased to be a subsidiary of the Company

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 Sewing Thread Business of VTXL on slump sale basis and demerger of the Sewing Thread business of VT

Technocraft Industries (India) Limited has informed the Exchange that the Scheme of Arrangement between Danube Fashions Limited and Technocraft Industries (India) Limited was approved on March 24, 2008 by shareholders at meetings held at the registered office of the Company under directions of the Hon'ble High court of Judicature at Bombay. The meeting was presided over by Mr. Sharad Kumar Saraf, who was appointed as Chairman of the meetings by the Hon'ble High court.

Vardhman Polytex Limited has informed the Exchange that the "Company has filed a petition in the Hon'ble High Court of Punjab and Haryana at Chandigarh for the amalgamation of M/s Amkryon International Pvt. Ltd. with the Company. Accordingly, Hon'ble High Court vide its order dated 28.02.2008 has approved the said amalgamation".

Cambridge Solutions Limited has informed the Exchange vide its letter dated March 20, 2008 that "The Honorable High Court of Karnataka has approved the Scheme of Amalgamation and arrangement of Cambridge Integrated Services India Private Limited and Matrixone India Limited with Cambridge Solutions Limited today (20th March 2008)".

Cambridge Technology Enterprises Limited has informed the Exchange that the Board of Directors in their meeting held on March 20, 2008 approved the acquisition of Cell Exchange Inc.' a Delaware Corporation, USA by the company's 100% wholly owned US Subsidiary M/s CTE Inc., USA. The acquired company has strong presence in US and focuses on Human Capital Management, Supply Chain Management and Information Sharing. The said acquisition is subject to completion of all necessary documentation and other legal formalities.

Ssi Ltd. has informed the Exchange that pursuant to the Order of the Hon'ble High Court of Judicature at Madras dated February 14, 2008, a Meeting of the shareholders was held on March 15, 2008 to consider and approve the Scheme of Amalgamation between M/s. PVP Ventures Private Limited and SSI Limited ("the Company"). The said Meeting was presided over by Mr. R. Nagarajan who was appointed as the Chairman of the Meeting by the Hon'ble Court. The Scheme was approved by the Shareholders with the requisite majority. The Company would now file the Petition before the Hon'ble Court for its approval

Dic India Limited has informed the Exchange that the Hon'ble High Court, Calcutta has sanctioned the Scheme of amalgamation of Rohit (Printing Ink & Paints) Industries (P) Ltd with the Company with effect from April 01, 2007. The Company has further informed the Exchange that Rohit (Printing Inks & Paints) Industries Private Limited is a wholly owned subsidiary of DIC India Ltd. Rohit (Printing Inks & Paints) Industries Private Limited has ceased to do business. In view of the same and for better synergies, the Board of DIC India Ltd. decided it desirable and expedient to merge the Company w

Ds Kulkarni Developers Ltd. has informed the Exchange that:"The Court convened meeting of the equity shareholders of the Company was held on 17th March, 2008. The arrangement embodied in the Scheme of Amalgamation of Oyster Promoters and Developers Private Limited with D.S.Kulkarni Developers Limited and their respective shareholders and creditors pursuant to the provisions, of sections 391 to 394 and other applicable provision, of the companies Act,1956 and provision of other applicable laws, if any, and subject to the approval of hon'ble high court of Judicature at Bombay or any other approp

Binani Cement Limited had informed the Exchange regarding raising of funds for overseas acquisitions and providing Guarantee to Wholly Owned Subsidiary. The Company has now informed the Exchange that its wholly owned subsidiary M/s Mukundan Holdings Limited, a BVI Company is proposing to acquire 49% of the paid up capital of Binani Cement Factory LLC, a Company registered and operating in Dubai, UAE.

Pratibha Industries Limited has informed the Exchange that The Board of Directors of the Company at their meeting held on March 17, 2008, considered and approved a Composite Scheme of Arrangement and Amalgamation between Pratibha Industries Limited and Pratibha Shareholding Private Limited and One Metro India Private Limited and Pratibha Pipes & Structural Limited and their respective shareholders and creditors ('the Scheme') u/s 391 to 394 of the Companies Act, 1956. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements a

Nicco Corporation Limited has informed the Exchange that at the respective Meetings of the Preference Shareholders and the Equity Shareholders of the Company held on March 14, 2008 for the approval of a Scheme of Arrangement as proposed by the Company for the transfer of its Cables Division to Nicco Cables Limited, the Shareholders have, by requisite majority approved the said Scheme.

Future Capital Holdings Limited has informed the Exchange that: "Pursuant to the approval of the Board of Directors, the Company has acquired 50.1% stake of the paid up equity share capital of Centrum Direct Limited and Centrum Wealth Managers Limited, respectively, on March 12, 2008".

Lanxess Abs Limited has informed the Exchange regarding the Post Open Offer Status of the Company : M/s. INEOS ABS (Jersey) Limited has acquired : 1) 89,63,564 No. of shares constituting 50.97% of total capital from LANXESS India Pvt. Ltd. - Lanxess Promoter Group, 2) 33,10,865 No. of shares constituting 18.83% of total capital from RA Promoter Group and 3) 23,79,276 No. of shares comprising of 13.53% of total capital from general public through open offer, which concluded on March 5, 2008. Thus, effective Board Meeting approval on March 13, 2008, INEOS ABS (Jersey Limited holds 14,653,705 no.

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange that the meetings of the Equity shareholders, Secured Creditors and Unsecured Creditors were held on March 05, 2008 to approve the Scheme of Amalgamation for merger of Bongaigoan Refinery & Petrochemicals Limited with Indian Oil Corporation Limited. The meetings were convened as per the orders of the Ministry of Corporate Affairs (the competent authority to approve amalgamation of Government Companies). Further the Scheme of Amalgamation was approved by the Equity Shareholders, Secured creditors and unsecured Creditors of Bonga

Acc Limited has informed the Exchange vide its letter dated March 11, 2008 that "We have today divested our wholly owned Subsidiary ACC Machinery Company Limited (AMCL) to HNG Group for a consideration of Rs.45 crores". The turnover and profits of the Company for the year ended December 31, 2007 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/Acc_updates_11032008.zip target=NEW> For more details click here.</a>

Sundaram Clayton Ltd has informed the Exchange with reference to the Scheme of Arrangement between Sundaram-Clayton Limited (SCL) and WABCO-TVS (India) Limited (WABCO-TVS) and their respective shareholders and creditors that "The Hon'ble High Court of Madras has on 20th February 2008 pronounced the Order sanctioning the Scheme of Arrangement and we will be receiving the order soon. Once we receive the order and file the same with the Registrar of Companies, Chennai, Tamil Nadu, the Scheme will become effective from that date, being the 'effective date' as defined under the Scheme."

Renaissance Jewellery Limited has informed the Exchange that Renaissance Jewellery Ltd. has sold its entire shareholding in its wholly owned subsidiary viz Renaissance Retail Venture Private Limited to Gitanjali Lifestyle Limited.

Jsw Steel Limited has informed the Exchange that in terms of clause 1.8 read with clause 5.1 of the Scheme of Amalgamation ('the Scheme') of Southern Iron and Steel Company Limited (SISCOL) with JSW Steel Limited (JSWSL) and their respective Shareholders & Creditors, the authorised Committee of Directors of JSWSL have fixed Tuesday, the 25th day of March, 2008 as the record date for the purpose of drawing up the list of shareholders of SISCOL to whom Equity shares in JSWSL are to be issued and allotted pursuant to the Scheme sanctioned by the High Court of Judicature at Mumbai. The effective d

Infrastructure Development Finance Company Limited has informed the Exchange vide its letter dated March 07, 2008 that: "Infrastructure Development Finance Company Limited (IDFC) and Standard Chartered PLC have today, entered into an agreement whereby IDFC has agreed to acquire 100% equity share capital of Standard Chartered Asset Management Company Private Limited (SCAMC) and Standard Chartered Trustee Company Private Limited (SCTCPL). SCAMC and SCTCPL represent the mutual fund business of Standard Chartered PLC in India". Further, the Company has informed the Exchange regarding a press relea

Century Plyboards (India) Limited has informed the Exchange vide its letter dated March 05, 2008, that: "The Company's Scheme of Amalgamation, whereby three companies, namely Century Panels Pvt. Ltd., Sharon veneers Pvt. Ltd. and Sharon Wood Industries Pvt. Ltd. will amalgamate with the Company with effect from the appointed date 1st April 2007, has been approved by Hon'ble High Court at Calcutta today, the 5th March, 2008 and by Hon'ble Delhi High Court on 27th February 2008. The Company is now awaiting certified copies of the Orders of both the Hon'ble High Courts for onward filing with the

Orient Information Technology Limited has informed the Exchange with reference to the proposed merger of Orient Information Technology Limited with IT People (India) Limited that pursuant to the order of the Hon'ble Court of Judicature at Bombay, a meeting of the equity shareholders of the Company will be held on April 08, 2008 for the purpose of considering and, if thought fit, approving, with or without modification(s) , the Scheme of arrangement between Marketplace Technologies Private Limited and Orient Information Technology Limited and IT People (India) Limited and their respective Share

Hindustan Unilever Limited has informed the Exchange with reference to Demerger and transfer of certain properties of Hindustan Unilever Limited at Bangalore to one of its 100% subsidiary, Brooke Bond Real Estates Pvt Ltd that, the proposal for demerging the Bangalore unit was approved on March 5, 2008 by the Board by way of circular resolution.

Aegis Logistics Limited has informed the Exchange that the Company is in receipt of the Order dated February 12, 2008 of the Hon'ble High Court of Gujarat sanctioning the Scheme of Arrangement filed under section 391-394 of the Companies Act, 1956 in the nature of Demerger of the Throughput Activity Undertaking of Hindustan Aegis LPG Ltd with the Company.

California Software Company Limited has informed the Exchange that "The Hon'ble High Court, Madras has sanctioned the scheme of Amalgamation between California Software Co. Ltd with its Wholly Owned Subsidiary M/s Webspectrum Software Limited. The effective date of amalgamation will be from April 01, 2006.

Bombay Rayon Fashions Limited has informed the Exchange that With reference to above, we wish to inform you that "The Board of Directors of the Company has inter - alia considered and approved the acquisition of a 'Garment Unit' of Maryan Apparel Private Ltd at a consideration of Rs.14.74 crores Maryan Apparel Private Ltd is engaged in the business of manufacturing & exports of garments having its manufacturing facility at KINFRA International Apparel Park, Kizhakutpal, Thiruvannthapuram. The Board has approved the necessary Memorandum of Understanding (MOU) to be entered into & taking necessa

S. Kumars Nationwide Ltd has informed the Exchange that the company has received an order from Hon'ble High Court, Bombay for demerger of Retail business of the company (SKNL) into resulting company Brandhouse Retails Ltd. (BHRL). The said order was also filed with Registrar of Companies, Mumbai on 3rd March, 2008 and becomes effective from the same date. Further the Company has informed the Exchange that the Company is in the process of holding board meeting shortly, to decide and fix the Record Date for determine the shareholders of S.Kumars Nationwide Limited, who would be eligible to recei

United Phosphorous Limited has informed the Exchange that : "The meeting of the Equity Shareholders of United Phosphorus Limited as directed by the Hon'ble High Court of Gujarat at Ahmedabad was convened on March 3, 2008. Mr. R. D. Shroff, Chairman appointed for the meeting conducted the meeting as directed in the Minutes of Order of the Gujarat High Court dated 29th January 2008. The Scheme of Arrangement ('Scheme') was approved unanimously by all the Equity Shareholders present either in person or by proxy or as authorized representatives. The result of the meeting was declared on March 3, 2

3i Infotech Limited has informed the Exchange that "The High Court of Judicature at Karnataka has sanctioned the scheme of amalgamation of the Company and its wholly owned subsidiary, Datacons Private Limited on January 31, 2008. The Company has filed the Court Order with the Registrar of Companies at Karnataka on February 28, 2008 .Therefore the effective date of the merger will be February 28, 2008".

Advanta India Limited has submitted to the Exchange a copy of Announcement regarding the Acquisition of the business of Garrison & Townsend, LP, ("GT") Hereford, Texas, USA. 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/Advanta_Acquisition_04032008.zip target=NEW> For more details click here.</a>

Dabur India Ltd has informed the Exchange that both DIL ( Dabur India Limited) and DFL (Dabur Foods Limited) have filed the order dated January 22, 2008, passed by the Hon'ble High Court of Delhi ('Court") (Copy received by the Company on February 18, 2008) with the Registrar of Companies, NCT of Delhi and Haryana, Delhi ("ROC") on March 3, 2008. Therfore, the effective date for the merger of DFL into DIL shall be March 3, 2008.

Core Projects And Technologies Limited has informed the Exchange that "The Company is pleased to announce that Shareholders of the Company at the Extra-ordinary General Meeting held on 27 February 2008 approved the issue of 4,50,000 warrants to "TGS Investment & Trade Pvt. Ltd." the Private Equity Arm of the A V Birla Group on preferential basis as per the SEBI Guidelines at an issue price of Rs 305/- to be exercised/exchangeable with 4,50,000 Equity Shares of Rs. 2/- each at a primium of Rs 303/- per share. This will constitute approximately 0.54% of the present paid-up capital. "This initial

Sundram Fasteners Ltd has informed the Exchange the following: a) Sundram Fasteners Limited has acquired 100% capital of Sundram Fasteners (Zhejiang) Limited, China (SFZL), a step-down wholly-owned subsidiary at cost from Sundaram Fasteners Investments Limited, a wholly-owned subsidiary of the Company; b) Consequent to acquisition of Capital, SFZL has become a wholly-owned subsidiary of the Company with effect from 25th February 2008.

Indian Oil Corporation Ltd has informed the Exchange that: " Meeting of shareholders and creditors of Indian Oil were held on 22nd February, 2008 at Mumbai to approve the Scheme of Amalgamation for merger of Bongaigaon Refinery & Petrochemicals Ltd (BRPL) with Indian Oil Corporation Ltd. The meeting were convened as per the orders of the Ministry of Corporate Affairs( the competent authority to approve amalgamation of Govt. Companies). The result of the poll conducted at the aforesaid meeting pursuant to Section 391-394 of the companies Act based on members/ creditors present and voting are as