Corporate announcements

Vip Industries Ltd. has informed the Exchange that February 15, 2008 has been fixed as the Record Date for the purpose of determining the eligibility of shareholders of Aristocrat Luggage Limited (Aristocrat) who shall be entitled to the equity shares of V.I.P. Industries Limited (V.I.P.) as per the Scheme of Amalgamation and Arrangement of Aristocrat and Quality Plastics Ltd. (Quality) with V.I.P. The Company has further informed the Exchange that: The Share Exchange Ratio under the Scheme of Amalgamation and Arrangement is 1:2 i.e. 1 (one) equity share of Rs.10/- each of V.I.P. would be issu

Rpg Transmission Ltd has informed the Exchange that "The Hon'ble High Courts of Judicature at Mumbai and Madhya Pradesh, Jabalpur Bench, have approved the Scheme of Arrangement between RPG Transmission Limited and National Information Technologies Limited and MP Power Line Limited and KEC International Limited and their Respective Shareholders on January 18, 2008 and January 24, 2008 respectively which is effective 30.01.2008 i.e. Today onwards and hence the Company stands dissolved. Further, the meeting of the Sub-committee of Board of Directors called for to consider unaudited results for th

Kitply Industries Ltd has informed the Exchange that "The Board has considered and rescinded, interalia, the following earlier decisions taken by them in previous meetings: (a) Reduction of Capital by 50% adopted in Board meeting on 29.06.2004 & 09.03.2005. (b) Proposal for demerger of Agro-forestry Division adopted in the Board meeting held on 30.07.2004, 30.04.2005 & 09.03.2005. (c) Issuance of agro bonds to prospective investors aggregating not more than Rs.500 crores. This is to further intimate that Board of Directors in its meeting, as held on 30.01.2008, accepted the resignation of Ms.S

Pyramid Saimira Theatre Limited has informed the Exchange that Mr. Nirmal Kotecha, Director of the Company has acquired 2,16,554 Equity shares of the Company, as per the Regulation 13 of the Securities and Exchange Board of India (Prohibition of Insider Trading Regulation, 1992). 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/Pyramid_Acquisition_30012008.zip target=NEW> For more details click here.</a>

Kec International Limited has informed the Exchange that "The Scheme of Arrangement between National Information Technologies Limited ("Nitel") and RPG Transmission Limited ("RPGT") and Octav Investments Limited (formerly MP Power Line Limited) ("Octav") and the Company and their respective shareholders ("the Scheme") has come into effect on 30th January 2008 upto filing of certified copies of the Orders passed by the Hon'ble High Courts of Judicature at Bombay and Jabalpur with the Registrar of Companies. The Appointed Date of the Scheme is 1st October 2007, accordingly the Board of Directors

Ang Auto Limited has informed the Exchange that "Hon'ble High court of Delhi, New Delhi has approved the Scheme of Amalgamation of ANG Auto Tech (P) Ltd with ANG Auto Limited".

Mahindra & Mahindra Ltd. has informed the Exchange that the Board of Directors of the Company at their Meeting, held on January 30, 2008 have considered and approved the proposal for amalgamation of Mahindra Holdings & Finance Limited ('MHFL'), a wholly owned subsidiary into Mahindra & Mahindra Limited ('M&M' or 'the Company') as per terms and conditions mentioned in the Scheme of Amalgamation placed before the Board". Further, the salient features of the proposed Scheme shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet

Geojit Financial Services Limited has informed the Exchange that the following disclosure has been received from employee regarding sale of Company's shares. 1) Name :- Joe Peter, Date of sale :- January 29, 2008, No. of shares :- 15000, Disclosure regarding Sale/Purchase :- Sale.

Hcl Infosystems Ltd has informed the Exchange that "The Hon'ble Delhi High Court has vide its order dated December 7, 2007 sanctioned the Scheme of Amalgamation (Scheme) of Stelmac Engineering Private Limited, the wholly owned subsidiary, with HCL Infosystems Limited, the Transferee Company. The Scheme has become effective on filing of the certified copy of the said order with the Registrar of Companies, NCT of Delhi & Haryana, on 30.1.2008. Upon effectuation of the Scheme: 1) All the business and undertaking including all assets, properties, liabilities, debts and reserves of M/s Stelmac Engi

Bartronics India Limited has informed the Exchange regarding the acquisition of Assets of Proximities Inc. and SRG America Inc. based in the United States of America by Bartronics America Inc. (BAI), a Delaware Corporation, USA and a wholly owned subsidiary of Bartronics India 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/bartronics_MISC_29012008.zip target=NEW> For more details click here.</a>

Hov Services Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on January 29, 2008 has approved the amalgamation of Lason India Private Limited and Vetri Software India Private Limited, two wholly owned subsidiary companies with the Company.

India Cements Ltd. has informed the Exchange that "Our Company has acquired a bulk cargo carrier (motor Vessel) with capacity of 41,824 DWT from Markbright Marine Limited of Cyprus."

Pidilite Industries Ltd has informed the Exchange that the Hon'ble High Court of Judicature at Bombay has, vide its Order passed on 14th December, 2007 (certified on 14th January, 2008), approved the Scheme of Arrangement for Demerger of Vinyl Acetate Monomer (VAM) manufacturing unit of Vinyl Chemicals (India) Limited into Pidilite Industries Limited (the Company). The Company has further informed the Exchange that Vinyl Chemicals (India) Limited has fixed February 21, 2008 as the 'Record Date' for the purpose of ascertaining the names of shareholders of Vinyl who will be entitled to receive e

Vardhman Textiles Limited has informed the Exchange that "The Board of Directors of M/s Vardhman Textiles Ltd.(VTXL) in its meeting held on January 28, 2008 took note of the status of Scheme of Arrangement, Reorganisation and Demerger by and amongst Vardhman Textiles Limited (VTXL), Vardhman Threads Limited (VTL) (a 100% subsidiary of VTXL), Vardhman Yarns and Threads Limited (VYTL) (a subsidiary of VTXL) and their respective shareholders and creditors, providing for the transfer of the Sewing Thread business of VTXL on slump sale basis as well as demerger of Sewing Thread business of VTL, to

Zee Interactive Learning Systems Limited has informed the Exchange regarding salient features of the Scheme of Amalgamation of ETC Networks Limited with Zee Interactive Learning Systems Limited, approved by Hon'ble Bombay High Court vide order dated January 11, 2008. 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/ETC_Scheme_28012008.zip target=NEW> For more details click here.</a>

Batliboi Limited has informed the Exchange that : "The Equity Shareholders of the Company at its Court Convened Meeting held on 25th January, 2008 have approved the Scheme of Amalgamation of Batliboi SPM Pvt. Ltd with the Company."

Mcleod Russel India Limited has informed the Exchange that: "On an Application made by the Company, the Hon'ble High Court at Calcutta has issued directions to convene and hold separate Meetings of the shareholders of The Moran Tea Company (India) Limited and McLeod Russel India Limited on 22nd February 2008 to consider and if thought fit to approve the Scheme of Amalgamation of The Moran Tea Company (India) Limited with McLeod Russel India Limited. Notices to the shareholders of the said Companies will be sent within the prescribed time".

Kec International Limited had informed the Exchange vide its letter dated January 25, 2008 regarding the Scheme of Arrangement. The Company has now informed the Exchange that inadvertently, it was sent incorrectly. Further they have informed to ignore the earlier letter and consider and take the below mentioned note on record: "The Scheme of Arrangement between the RPG Transmission Limited ('RPGT') and National Information Technologies Limited ('NITEL') and MP Power Line Limited and KEC International Limited (the Company) and their respective shareholders has been approved by the Hon'ble High

Kec International Limited has informed the Exchange that "The Scheme of Arrangement between the RPG Transmission Limited ('RPGT') and National Information Technologies Limited ('NITEL') and MP Power Line Limited has been approved by the Hon'ble High Court of judicature at Bombay vide their Orders dated 18th January 2008 and by the Hon'ble High court of judicature at Jabalpur vide their Orders dated 24th January 2008 and 25th January 2008. The Scheme shall become effective on receipt and filing of the Certified Copies of Orders of the Hon'ble High Courts of judicature at Bombay and Jabalpur wit

Allcargo Global Logistics Limited has informed the Exchange Vide its letter dated January 22, 2008 that "Pursuant to the Order of the Hon'ble Bombay High Court passed on December 14, 2007 and as directed therein, meetings of the Secured Creditors, Unsecured Creditors and Equity Shareholders of the Company were held today for considering and if thought fit, pass with or without modification(s) the Scheme of Arrangement between the Company and Transindia Freight Services Pvt.Ltd., inter-alia, comprising of demerger of Project and Equipment Division of Transindia Freight Services Pvt. Ltd in favo

Horizon Battery Technologies Ltd. has informed the Exchange that: "The Company has acquired 100% stake in Metrotech Technology Park Pvt. Ltd. for acquiring ownership of the land situated at Kufri near Shimla for developing tourism related project in Himachal Pradesh. In this connection company has paid total consideration of Rs. 65.70 lacs. As a result of the above Metrotech Technology Park Pvt. Ltd. becomes wholly owned subsidiary of Horizon Infrastructure Ltd.".

The Phoenix Mills Limited has informed the Exchange that the Board of Directors at their meeting held on January 22, 2008 have amongst other matters, considered and approved the following:- Scheme of Amalgmation of Ruia Real Estate Development Company Private Limited ("RREDCPL") with the Company under Section 391 and 394 of the Companies Act, 1956. The salient features of the Scheme 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/Phoenixmills_Pro-23ja

Mindtree Consulting Limited has informed the Exchange that the Board of Directors of the Company has approved the financials for the quarter ended December 31, 2007 in their meeting held on January 22, 2008. Further the Company has informed that (i) Postal ballot:- The Board of Directors of the Company has decided to approach the shareholders of the Company for passing Special Resolutions under Postal Ballot. The proposed Special Resolutions are to seek approval of shareholders under section 21 of the Companies Act, 1956, to change the name of the company from 'MindTree Consulting Limited to '

Dabur India Ltd has informed the Exchange that: "The Hon'ble High Court of Delhi at New Delhi, in the hearing held on January 22, 2008, has approved the Scheme of Amalgamation of Dabur Foods Limited with the Company".

Tata Power Co. Ltd. has informed the Exchange that "With the acquisition of 73,60,000 Equity Shares of North Delhi Power Limited (NDPL) (representing 2% of its share capital), NDPL has become a subsidiary of the Company with immediate effect".

Provogue (India) Limited has informed the Exchange that "Provogue (India) Limited acquired a majority stake in Sporting and Outdoor Ad-Agency Pvt. Ltd. Sporting and Outdoor Ad-Agency Pvt. Ltd is engaged in the business of outdoor advertising and publicity. The business was earlier carried out as a Partnership concern wherein Provogue (India) Limited was a partner and subsequent to the restructuring of the business as a Corporate entity, the Company took a majority stake".

Greenply Industries Ltd has informed the Exchange that: "The Board of Directors of the Company at its meeting held on 22.01.2008 has discussed and approved the Scheme of Amalgamation of Galaxy Decor Private Ltd. and Platinum Veneers Private Limited (both are unquoted and Wholly Owned Subsidiary Companies of Greenply Industries Ltd.) with Greenply Industries Ltd.".

Indiabulls Financial Services Limited has informed the Exchange that the Equity Shares of Fact Enterprise Limited have been pledged with Indiabulls Financial Services Ltd. in excess of 10% of the issued capital of Fact Enterprise 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/Indiabulls_Acquisition_21012008.zip target=NEW> For more details click here.</a>

Titan Industries Ltd. has informed the Exchange Vide its letter dated January 21, 2008 that "At the Board Meeting of the Company held today, the Board of Directors of the Company have approved the proposal for buy-out of the minority interest in the three domestic Companies, viz., Samrat Holdings Ltd. Questar Investments Ltd and Titan Holdings Ltd (transferor companies) based on further negotiations with the minority for higher valuation of these companies. Accordingly, the Board has approved the buy-out of the minority interest, in lie of the swap ratio in exchange of shares for the considera

Satyam Computer Services Ltd has informed the Exchange vide notes to Accounts in the Audited Financial Results for the quarter ended December 31, 2007 (taken on record by the Board of Directors of the Company at its meeting held on January 21, 2008) that: The Board of directors approved the proposal for the acquisition of M/s Bridge Strategy Group LLC (Bridge) a US based Company specializing in providing Strategy and Management Consulting Services to various large clients in different industry segments. The maximum purchase consideration will be US$ 35 million in an all cash transaction and ha

Eveready Industries India Limited has informed the Exchange that "The Scheme of Amalgamation of Powercell Battery India Ltd (the wholly owned Subsidiary of the Company) with the Company, has become effective on January 15, 2008, upon filing with the Registrar of Companies, West Bengal, a copy of the certified copy of the Order dated December 20, 2007, of the Hon'ble High Court at Calcutta, passed on December 05, 2007, sanctioning the Scheme".

Geodesic Information Systems Limited has informed the Exchange that "By an order dated November 23, 2007 and December 13, 2007 the Hon'ble High Court at Bombay Judicature and Bangalore Judicature respectively has approved the Scheme of amalgamation of Picopeta Simputers Private Limited, Bangalore and e dot Solutions India Private Limited, Mumbai with Geodesic Information Systems Limited".

Iol Broadband Limited has informed the Exchange vide its letter dated January 15, 2008, that: "The Hon'ble High Court of Karnataka at Bangalore has approved the Scheme of Amalgamation of Exatt Technologies Pvt. Ltd. (Exatt) with the Company ('the Scheme') vide Order dated December 20, 2007. A certified copy of the order was received by the Company on January 10, 2008. Earlier the Hon'ble High Court of Judicature at Bombay has also approved the Scheme vide order dated November 23, 2007, a certified copy of which was received on January 8, 2008. Further the certified order copies received from

Essar Oil Limited has informed the Exchange that "Essar Energy Overseas Ltd a subsidiary of Essar Oil Limited has entered into an agreement to acquire 50% stake in Kenya Petroleum Refineries Ltd. ("KPRL"), a 4 million metric tonnes per annum (MMTPA) refinery in Mombasa, Kenya. The Government of Kenya holds the remaining 50% of KPRL. Essar will acquire the stake from the existing shareholders - Shell, Chevron and BP. Subject to certain conditions, the acquisition is expected to complete in early 2008. The Mombasa refinery is the only refinery in Eastern Africa. It currently produces LPG, gasoli

Coromandel Fertilisers Ltd. has informed the Exchange that "The Hon'ble High Court of Andhra Pradesh has approved the Scheme of Amalgamation of Godavari Fertilisers And Chemicals Limited with our Company. the Scheme is operative with retrospective effect from 1st April 2007. "

Gujarat State Fertilizers & Chemicals Ltd. has informed the Exchange that the Hon'ble High Court of Gujarat has sanctioned the Scheme of Amalgamation of GSFC Investment And Leasing Company Ltd. with Gujarat State Fertilizers & Chemicals Ltd. on 10/12/2007. The above Order has been filed with the Registrar of Companies, Gujarat State, Ahmedabad on 10-01-2008.

Godavari Fertilisers And Chemicals Ltd. has informed the Exchange that the Hon'ble High Court of Andhra Pradesh has approved the Scheme of Amalgamation of the Company with Coromandel Fertilisers Limited. Further the Scheme is operative with retrospective effect from April 01, 2007.

Energy Development Company Limited has informed the Exchange that : "The Company has acquired the remaining 40% equity shares in the capital of Ayyappa Hydro Power Limited (AHPL), Accordingly, AHPL has now become a wholly owned subsidiary of the Company."

Blue Star Limited has informed the Exchange that: "In a circular resolution passed on January 11, 2008, the Board of Directors of Blue Star Limited ("the Company") have considered and approved a Scheme of Arrangement ("the Scheme") between the Company and its shareholders and creditors, which inter- alia provides for the reinstatement of the assets of Blue Star Limited at their respective fair values that are in accordance with the management views and the consequent adjustment in the General Reserve Account for any excess / shortfall arising on account of such revaluation. The Scheme is subje

Etc Networks Limited has informed the Exchange that: "At its hearing held today i.e. on January 11, 2008, Hon'ble High Court of Bombay has approved the Scheme of Amalgamation of ETC Networks Limited with Zee Interactive Learning Systems Limited which would be effective from the Appointed Date i.e. April 01, 2007".

Vip Industries Ltd. has informed the Exchange that: "The Hon'ble High Court of Judicature at Bombay have vide its Order dated 14th December, 2007, sanctioned the Scheme of Amalgamation and Arrangement of Aristocrat Luggage Ltd. and Quality Plastics Ltd. with the Company. The certified true copy of the said order has now been received by us and we are in the process of filing the same with the Registrar of Companies, Maharashtra, Mumbai".

Ssi Ltd. has informed the Exchange vide its letter dated January 09, 2008, that: "The Board of Directors of SSI Limited (SSI) in its meeting held today has approved the Scheme of Amalgamation of M/s. PVP Ventures Private Limited (PVP) with SSI. The Scheme, as approved shall be subject to the requisite approvals, including that of the Shareholders and Creditors of SSI and PVP, Hon'ble High Court of Madras at Chennai, the Stock Exchanges and RBI, if applicable.

Mercator Lines Limited has informed the Exchange vide its letter dated January 08,2008 that "The Company has today acquired a 2007 built vessel (Dredger). This is third in its fleet".

Television Eighteen India Ltd. has informed the Exchange that Network 18 Media and Investments Limited ( formerly known as Network 18 Fincap Limited ) promoter of the company, has sold 4, 00, 000 Equity shares of the company ( TV 18) in open market at a price of Rs. 550/- per share. These shares were by Network18 as a treasury stock. The company has further informed the Exchange that Mr. Sameer Manchanda, Director of a subsidiary company, has sold 4,00,000 Equity shares of the Company (TV18) in Open Market at a price of Rs. 550/- per share.

Gitanjali Gems Limited has informed the Exchange regarding "Acquisition of 100% shares in Brightest Circle Jewellery Pvt. Ltd.". 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/Gitanjali_Acquisition_07012008.zip target=NEW> For more details click here.</a>

Gitanjali Gems Limited has informed the Exchange regarding "Acquisition of Brand 'Nakshatra' and Domain Name 'www.nakshatra.com'". 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/GitanjaliGems_Acquisition_07012008.zip target=NEW> For more details click here.</a>

Gmr Infrastructure Limited has informed the Exchange that "GMR Energy Limited, our 100% Subsidiary Company has acquired 80% stake of a Himtal Hydro Power Co. (P) Ltd. having its registered office at Block No.33, Kel Tole, Chiwani, Kathmandu-27, Nepal (hereinafter referred to as "Himtal") on January 2, 2008. Himtal have subsisting Survey License issued by the Department of Electricity Development, Govt. of Nepal for undertaking the Feasibility Study and Environmental Impact Assessment Study for setting up a 250 MW Upper Marsyangdi-2, Hydro Power Project, located in Upper Marsyangdi, Nepal. We w

Sel Manufacturing Company Limited has informed the Exchange that " SEL Manufacturing Company Limited has acquired the Manufacturing facilities of Preet Hosiery Exports Limited,Ludhiana. The said acquisition consists of installed capacity of 4.5 million pieces per annum of readymade garments. The said unit is catering to top end buyers of Europe/US. Such acquisition would help the company in value addition and increase in the overall capacity of manufacturing of readymade garments".

Advanta India Limited has informed the Exchange that Advanta India Limited ("AIL"), a leading Seeds Company, has Acquired the business of Unicorn Seeds Limited ("Unicorn") by acquiring 100% shares in the company for Rs. 65 Crores including deferred payment based on achievement of performance related milestone. The detail 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_Acq_07012008.zip target=NEW> For more details click here.</a>

Marksans Pharma Limited has informed the Exchange that: "Marksans Pharma Limited's subsidiary, Marksans Pharma (UK) Limited, has entered into a definitive agreement to acquire 100% of the share capital of Hale Group Limited, the parent company of Bell, Sons & Co (Druggists) Limited ("Bell"). Through this acquisition, Marksans will have access to 34 product licenses of Bell, situated near Liverpool, in the UK". 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 Announcemen