Corporate announcements

S. Kumars Nationwide Ltd has informed the Exchange that "The Honorable High Court of Bombay has passed an order on Friday, 22nd February 2008 for Demerger of Retail Business of the Company into "Brandhouse Retails Ltd". The certified copy of the said order is awaited from the Court".

Mcleod Russel India Limited has informed the Exchange that: "At the Meeting of the Shareholders of the Company convened by the Hon'ble High Court at Calcutta on 22nd February 2008 the Scheme of Amalgamation of The Moran Tea Company India Limited with McLeod Russel India Limited has been approved by the requisite majority".

Opto Circuits (India) Limited has informed the Exchange that: "The Company has signed definitive agreement for acquisition of US based company Criticare Systems Inc. (AMEX:CMD). The acquisition is estimated at USD 70.00 million. Criticare Systems Inc. is in the business of manufacturing vital sign monitors and anesthesia monitors and pulse Oximeters".

Indoco Remedies Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on February 23, 2008 the following have been approved by the Board: (1) Change of Company's financial year ending from June 30th to March 31st. Consequently, the financial year of the Company for 2007-08 will be for a 9 months' period from July 01, 2007 to March 31, 2008. (2) A Scheme of Amalgamation for a proposal to amalgamate Company's 100% subsidiary, Shree Herbal Technologies Ltd., with the Company.

Hdfc Bank Ltd has informed the Exchange vide its letter dated February 25, 2008 that "The Board of Directors of the Bank met today and considered the following: (1) Merger of Centurion Bank of Punjab Ltd. with HDFC Bank Ltd : Based on the joint valuation report submitted by Ernst & Young Private Limited and M/s. Dalal & Shah, Chartered Accountants, the Board has approved the share swap ratio of 1 (one) equity share of Rs.10/- each of HDFC Bank Limited for every 29 (twenty nine) equity shares of Re.1/- each held in Centurion Bank of Punjab Limited. This share swap ratio is subject to due dilige

Centurion Bank Of Punjab Limited has informed the Exchange vide its letter dated February 25, 2008, that: "The Board of Directors of the Bank met today to consider and approve the swap ratio in relation to the proposed merger of Centurion Bank of Punjab Limited with HDFC Bank Ltd. The Board approved the share swap ratio as determined in the Joint Valuation Report dated 25th February 2008 of M/s. Dalal & Shah, Chartered Accountants and Ernst & Young Pvt. Ltd., ("Joint Valuation Report") and the issuance of 1 (one) equity share of Rs.10/-each of HDFC Bank Limited for every 29 (twenty-nine) equit

Hdfc Bank Ltd has informed the Exchange that : "The Board of Directors met on February 23, 2008 and considered, in-principle, a merger of Centurion Bank of Punjab Limited with HDFC Bank Limited. The Board has accorded in-principle consent to pursue the merger, subject to satisfactory due diligence, a fair share swap ratio and receipt of approvals from the Reserve Bank of India, Stock exchanges and other requisite statutory and regulatory authorities and the respective Boards and shareholders. Ambit Corporate Finance Pte Ltd. and J.M. Financial Consultants Pvt. Ltd. are the investment bankers t

Centurion Bank Of Punjab Limited has informed the Exchange that : "The Board of Directors met on February 23, 2008 and considered, in-principle, a merger of Centurion Bank of Punjab Limited with HDFC Bank Limited. The Board has accorded in-principle consent to pursue the merger, subject to satisfactory due diligence, a fair share swap ratio and receipt of approvals from the Reserve Bank of India, Stock exchanges and other requisite statutory and regulatory authorities and the respective Boards and shareholders. Ambit Corporate Finance Pte Ltd. and J.M. Financial Consultants Pvt. Ltd. are the i

Jsw Steel Limited has informed the Exchange that: "The Hon'ble High Court of Judicature at Mumbai has sanctioned the Scheme of Amalgamation of Southern Iron & Steel Co. Limited with JSW Steel Limited. The Order sanctioning the Scheme was pronounced in the Court on 22.02.2008. The written order sanctioning the Scheme is expected to be received shortly. Once the order of the High Court is filed with Registrar of Companies, Maharashtra, the scheme will become effective".

Apar Industries Limited has informed the Exchange regarding acquisition of 58,76,800 Equity Shares of Uniflex Cables Limited upon conversion of (a) 29,50,000 Equity Warrants and (b) 29,26,800 Fully Convertible Debentures into equal number of Equity 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/aparind_21_22022008.zip target=NEW> For more details click here.</a>

Apar Industries Limited has informed the Exchange regarding acquisition of 40,81,000 Equity Shares (28.14%) of Uniflex Cables Limited. 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/Aparind_12_22022008.zip target=NEW> For more details click here.</a>

Indian Overseas Bank has informed the Exchange that "Our Bank proposes, subject to the obtention of the approval of RBI, to acquire a stake of not less than 10% (amounting to Rs. 21 Crores) of the paid up capital of the Asset Reconstruction Company promoted by M/s. J M financial Limited".

Sakthi Sugars Ltd. has informed the Exchange that "Our European subsidiary, Orlandofin BV, has acquired today a Swedish company called 'Arvika Gjuteri AB' having facilities to produce 28,000 MTs per annum of castings for buses, trucks, and heavy off-road vehicles, and a machine shop".

Pidilite Industries Ltd has informed the Exchange that "1) Our Company has acquired entire issued and paid-up Capital of following Companies by investing Rs.1,70,000/- each: a) Bhimad Commercial Co. Pvt. Ltd.; b) Madhumala Traders Pvt. Ltd. The current business of both these companies is Investment. 2) Both the above companies which are now Wholly Owned Subsidiaries of our Company have joined as Partners in the existing firm, M/s. Nitin Enterprises engaged in the business of manufacturing of branded Sealants and Adhesives in the State of Jammu & Kashmir. 3) The company also acquired assets and

Nicholas Piramal India Ltd. has informed the Exchange that the Hon'ble High court of Judicature at Bombay has vide its Order dated January 25, 2008 sanctioned the scheme Amalgamation of NPIL Healthcare Private Limited (NHPL) and Nicholas Piramal Consumer Products Private Limited (NPCPL) (the Transferor Companies) with the Company. Certified Copies of the Orders, which were received by NHPL and NPCPL from the Bombay High Court have been filed with the Registrar of Companies (ROC), Maharashtra Mumbai on February 19, 2008. Accordingly, the Scheme has now become effective. Since the Transferor Com

Aia Engineering Limited has informed the Exchange that : "The Company has acquired 31503 (27.53%) Equity Shares of Rs. 100 each of PCCL a Subsidiary of the Company. In view of that PCCL has become a 100% Subsidiary of the Company w.e.f. 20th February 2008."

Bajaj Auto Ltd has informed the Exchange that: "The Hon'ble High Court of Judicature at Bombay has sanctioned the Scheme of Arrangement between Bajaj Auto Ltd., Bajaj Holdings and Investments Ltd and Bajaj Finserv Ltd. and its respective shareholders and creditors. This marks the successful completion of the demerger process, which was initiated by the Company with the board approval on May 17, 2007. The demerger reinforces the commitment of Bajaj Auto Limited group to the businesses of the resulting companies. Pursuant to the Scheme, Bajaj Auto Ltd. is re-named as Bajaj Holdings & Investment

Vardhman Acrylics Limited had informed the Exchange that "M/s Vardhman Textiles Limited holding 44,175,423 equity shares (40.70%) of the Company has further acquired 11,700,000 (10.78%) and 3,300,000 (3.04%) equity shares of the Company from its Foreign Collaborators, namely, M/s Marubeni Corporation, Japan (MC) and M/s. Japan Exlan Company Limited, Japan (EXLAN) respectively. Pursuant to the said acquisition of shares by Vardhman Textiles Limited, the Company ceases to be a Joint Venture company". The Company has now informed the Exchange that "Due to some typographical error, the present hol

Vardhman Textiles Limited had informed the Exchange that "The Company holding 44,175,423 equity shares (40.70%) of Vardhman Acrylics Limited (VAL) has further acquired 11,700,000 (10.78%) and 3,300,000 (3.04%) equity shares of VAL from its Foreign Collaborators namely, M/s Marubeni Corporation, Japan (MC) and M/s Japan Exlan Company Limited, Japan (EXLAN) respectively and accordingly, the Joint Venture Agreement with the said collaborators has come to an end". The Company has now informed the Exchange that "Due to some typographical error, the present holding of Vardhman Textiles Limited was m

Vardhman Acrylics Limited has informed the Exchange that "M/s Vardhman Textiles Limited holding 44,175,423 equity shares (40.70%) of the Company has further acquired 11,700,000 (10.78%) and 3,300,000 (3.04%) equity shares of the Company from its Foreign Collaborators, namely, M/s Marubeni Corporation, Japan (MC) and M/s. Japan Exlan Company Limited, Japan (EXLAN) respectively. Pursuant to the said acquisition of shares by Vardhman Textiles Limited, the Company ceases to be a Joint Venture company".

Vardhman Textiles Limited has informed the Exchange that "The Company holding 44,175,423 equity shares (40.70%) of Vardhman Acrylics Limited (VAL) has further acquired 11,700,000 (10.78%) and 3,300,000 (3.04%) equity shares of VAL from its Foreign Collaborators namely, M/s Marubeni Corporation, Japan (MC) and M/s Japan Exlan Company Limited, Japan (EXLAN) respectively and accordingly, the Joint Venture Agreement with the said collaborators has come to an end".

Bajaj Auto Ltd has informed the Exchange that : "The Hon'ble High Court of Judicature at Bombay, vide order dated 18 December 2007 received by the company on 19 February 2008 has sanctioned the Scheme of Arrangement between the company, Bajaj Holdings & Investment Ltd and Bajaj Finserv Ltd and their respective shareholders and creditors. It is further informed that the "Effective Date" and the "Record Date" will be intimated soon by the company after the filing of the order with the office of the Registrar of Companies".

Swaraj Mazda Ltd has informed the Exchange vide its letter dated 18th February, 2008 that: " We have today received a communication from Sumitomo Corporation, Japan (Sumitomo) that Sumitomo, out of their holding of 43,03,000 shares (41.03% of the paid up Equity Share Capital of the Company), have sold to Isuzu Motors Limited, Japan 209,000 shares equivalent to 1.99% of total paid up equity share capital of the company".

Everest Kanto Cylinder Limited has informed the Exchange that "The Board of Directors of the Company at its meeting held on February 18, 2008 inter-alia granted an in Principle approval for acquisition of all the assets of a large manufacturing Company in the United States of America in a similar line of business, for approximately USD 70 million, subject to evaluation of the full implications of the transaction, confirming legal and financial due diligence and final approval of the Board of Directors".

Technocraft Industries (India) Limited has informed the Exchange that : "Hon'ble High Court of Bombay by an order made on 8th February, 2008 has directed that meeting of the Equity Shareholders of the Company be convened and held on 24th March, 2008 for the purpose of considering, and if thought fit, approving with or without modification(s), the Scheme of Arrangement between Technocraft Industries (India) Limited and Danube Fashions Limited and their Respective Shareholders".

Tata Investment Corporation Ltd. has informed the Exchange that : "Pursuant to the acquisition of 50,00,000 equity shares of our Company by Tata Sons Ltd. from Tata Chemicals Ltd. (an inter se transfer amongst Promoters), Tata Sons Ltd. now holds 54.98% of the paid-up capital of our Company. The Company has therefore, become a subsidiary of Tata Sons Ltd".

Texmaco Limited has submitted to the Exchange a copy of the notice published in the newspaper regarding the Merger of M/s Neora Hydro Ltd., Shree Exports House Ltd., and Evershine Merchants Pvt Ltd., with Texmaco Limited. A copy of notice published in the newspaper 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/Texmaco_Not_15022008.zip target=NEW> For more details click here.</a>

Consolidated Finvest & Holdings Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on February 15, 2008 has decided to call off the proposed scheme of arrangement and amalgamation between the Company and Jindal India Finvest & Holdings Limited and Jindal India Powertech.

Eid Parry India Ltd. has informed the Exchange that "Consequent to the acquisition of 51% stake in the equity capital of Phytoremedies Biolabs Private Limited, Pune, a Company engaged in the business of Nutraceuticals, the said Company had become a Subsidiary of E.I.D. Parry (India) Limited".

Renaissance Jewellery Limited has informed the Exchange that "Renaissance Jewellery Limited through its subsidiary "Renaissance Jewelry New York, Inc. "in US has acquired the business and assets of JBR Inc., a Jewellery wholesaler based in New York. RJL believes that this acquisition will strengthen its position in the US Market and a solid base to grow from".

Crompton Greaves Ltd has informed the Exchange vide its letter dated February 13, 2008 that: "Today, through our 100% subsidiary- CG International BV, Netherlands, we have acquired our Joint Venture Partner's 40% voting share capital in PT Pauwels Trafo Asia, Indonesia, for a sum of USD 10.70 million. With this acquisition of shares, Crompton Greaves Limited, through its subsidiaries now owns 100% of the voting share capital of the above Indonesian Company".

Vivimed Labs Limited has informed the Exchange that the Board of directors of the Company at it's Board meeting held on 09th February, 2008 had taken following decisions inter alia among others:- Considered the proposal for acquisition of shares of James Robinson Limited and other associated assets (together "James Robinson") from Yule Catto & Co plc subjected to consents/permissions/sanctions as may be required from concerned authorities, Stock Exchanges and/or members of the Company.

Rane Holdings Limited has informed the Exchange that at the final hearing held on December 20, 2007, the Hon'ble High Court of Madras have sanctioned the composite Scheme of Demerger, Merger and Amalgamation between Rane Engine Valves Limited (REVL), Rane Brake Linings Limited (RBL), Techcons Limited (Techcons), Rane Brake Products Limited (RBPL) and Rane Holdings Limited (RHL) ("Scheme"). The Company has further informed the Exchange that in terms of Scheme, each member of the transferor companies viz., REVL & RBL whose name is recorded in the register of members as on the record date would b

Tata Metaliks Ltd has informed the Exchange that: "Kalimati Investments Limited, the wholly owned subsidiary of Tata Steel Limited, has acquired 604,383 equity shares of Tata Metaliks Limited. By virtue of the aforesaid acquisition of shares, Tata Metaliks Limited has become a subsidiary of Tata Steel Limited".

Tata Steel Limited has informed the Exchange that Kalimati Investment Company Limited (the wholly owned subsidiary of the Company) have acquired 604,383 equity shares aggregating to 2.39% of shares/voting rights of Tata Metaliks Limited. The Mode of Acquisition is Open Market & the date of acquisition of shares is February 07, 2008. The shareholding of Tata Steel Limited alongwith Kalimati Investment Company Limited after the said acquisition is 12,657,533 shares aggregating to 50.05% of the shares/voting rights of Tata Metaliks Limited. By virtue of the aforesaid acquisition of shares, Tata M

Ranbaxy Laboratories Ltd has informed the Exchange that the Company has acquired 758,851 shares of M/s Zenotech Laboratories Limited (Zenotech) under Open Offer made to the shareholders of Zenotech in terms of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. Disclosure in compliance of Regulation 7(1) SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. Further the Company has informed the Exchange that 78,78,906 equity shares of Rs.10/- each of Zenotech acquired by the Company and put under the Escrow Account on November 08, 2007 pursuant to the S

Orbit Corporation Limited has informed the Exchange that: "The Company has acquired 100% Equity Shares of Orbit Highcity Private Limited, consequent to which it has become a wholly owned subsidiary of Orbit Corporation Ltd".

Indiabulls Real Estate Limited has informed the Exchange that "Indiabulls Infrastructure Limited ("IIL"), a subsidiary of the Company, has acquired 100% shareholding of Catherine Builders and Developers Private Limited ("Catherine") from DLF Home Developers Limited. Catherine owns 50% shareholding of Kenneth Builders & Developers Private Limited ("Kenneth") which had earlier won the auction by DDA to develop a residential project on 35.8 acres of land located at Tehkhand in South Delhi. The remaining 50% shareholding of Kenneth is owned by Bridget Builders & Developers Private Limited, a wholl

Rpg Life Sciences Limited had informed the Exchange that the scheme of Arrangement between RPG Life Sciences Limited, RPG Pharmaceuticals Limited, Instant Holdings Limited and Instant Trading and Investment Company Limited under sections 391 to 394 read with sections 100 to103 of the Companies Act, 1956. The Company has now informed the Exchange that the company has received certified copy of the order from the High Court of Judicature at Bombay sanctioning the said Scheme of Arrangement. The said Scheme of Arrangement has become effective from February 05, 2008 consequent to filing of the sai

Gvk Power & Infrastructure Limited has informed the Exchange that effective from 01-02-2008 the Subsidiary Companies (as per attachment) have become wholly owned subsidiaries of GVK Power & Infrastructure Limited as a result of acquisition of the remaining shareholding of the respective subsidiaries. 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/gvk_acq_05022008.zip target=NEW> For more details click here.</a>

Coromandel Fertilisers Ltd. had informed the Exchange that the Hon'ble High Court of Andhra Pradesh has approved the Scheme of Amalgamation of Godavari Fertilisers And Chemicals Limited (GFCL) with M/s. Coromandel Fertilisers Ltd (CFL). The Scheme is operative with retrospective effect from 1st April 2007. The Company has now informed the Exchange that as per the Scheme, shareholders of GFCL will be entitled for 3 (three) Equity Shares of CFL for every 2 (two) Equity Shares held by them in GFCL. For ascertaining the eligibility of the Shareholders of GFCL who are to receive the equity share

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 5% of the issued capital of Vipul Limited. 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/Inidabulls_acq_04022008.zip target=NEW> For more details click here.</a>

Kcp Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on January 28, 2008, have approved in principle, of the following:- 1) Amalgamation, with itself of its wholly own subsidiary company, KCP Biotech Limited through a Scheme of Amalgamation under the provisions of Sections 391 & 394 of the Companies Act 1956. The scheme as approved by the Board, after sanction by the High Court of Madras will be effective from 1st April, 2007. 2) The setting up of Green Field Cement Plant at Mukthyala, Krishna District, Andhra Pradesh, with a capacity of 0.80 million

United Phosphorous Limited has informed the Exchange that the Company had filed a company application with the Hon'ble High Court of Gujarat on January 28, 2008. Subsequently, the Hon'ble High Court of Gujarat, by an order made on January 29, 2008 has directed that a meeting of the Equity Shareholders of the Company be convened and held on March 3, 2008 for the purpose of considering, and if thought fit, approving with or without modification(s), the Scheme of Arrangement between United Phosphorus Limited and SWAL Corporation Limited and their respective shareholders.

Moser-Baer (I) Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on January 31, 2008 decided to acquire 100% shareholding of Moser Baer Entertainment Limited from Moser Baer SEZ Developer Limited, wholly owned subsidiary of the Company. Further, the Board of Directors of the Company approved plans for a focused foray into creation of content to build synergies with the existing Home Video business. Further the Company has informed the Exchange regarding a press release dated January 31, 2008, titled "Moser Baer reports Q3 Revenues of Rs. 534.85 cror

Ramsarup Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on January 31, 2008, has transacted inter-alia the following: 1) "The Board of Directors of Ramsarup Industries Limited has approved of a Scheme of Amalgamation of Ramsarup Lohh Udyog Limited with Ramsarup Industries Limited with effect from April 1, 2007. In terms of such Amalgamation and in consideration thereof, Ramsarup Industries Limited will issue and allot to the Shareholders of Ramsarup Lohh Udyog Limited 10 (Ten) Equity shares of Rs. 10 each in Ramsarup Industries Limit

Siemens Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on January 31, 2008 Revised the 'Appointed Date' from October 01, 2007 to April 01, 2008 for the merger of Siemens Industrial Turbomachinery Services Pvt. Ltd., Bangalore (SITS) with Siemens Ltd., subject to receipt of all statutory /regulatory approvals.

Deccan Aviation Limited has informed the Exchange Vide its letter dated January 31, 2008 that "The Board of Directors of the Company, at the meeting held today have considered and approved the following :- (1) The scheme of arrangement to merge the Scheduled Airline business of Kingfisher Airlines Limited into Deccan Aviation Limited. (a) The appointed date for the said merger will be 1st April, 2008 subject to all statutory compliances. (b) The name of the Company will be changed to Kingfisher Airlines Limited. (c) The Company shall, allot shares in the ratio of 3 fully paid equity shares of

Indo Rama Synthetics (India) Limited has informed the Exchange that: "Pursuant to the Scheme of Amalgamation of Indo Rama Petrochemicals Limited (IRPL) with the Company, Indo Rama Synthetics (India) Limited, (IRSL), the Company has completed allotment in respect of 2,00,00,000 fully paid Equity Shares of Rs. 10/- each to the shareholders of erstwhile IRPL."

Blue Star Limited has informed the Exchange that "Blue Star Limited, the central air-conditioning and commercial refrigeration major has executed an Agreement with Tomkins PLC, a leading UK-listed engineering group to sell a 29% equity stake in Rolastar Pvt. Ltd., for a consideration of Rs.36.75 crores. Blue Star has agreed to sell its remaining 20% equity stake on or before 30th September, 2009, for a sum that will be determined at the time of the transaction".