Corporate announcements

Autoline Industries Limited has informed the Exchange regarding (1) Formation of wholly owned subsidiary Autoline Industries USA, Inc. (2) 100% Acquisition of business and associated assets of Dura Automotive Systems, USA by Autoline Industries USA, Inc, a wholly owned subsidiary". 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/autoline_acq_051207.zip target=NEW> For more details click here.</a>

Alstom Projects India Limited has informed the Exchange that the Company has received information on November 30, 2007 from Mr. Arun K. Thiagarajan, Director that he has purchased equity shares of the Company. The details are:- Name: Mr. Arun K. Thiagarajan, No. of Shares: 1430 shares.

Balaji Amines Limited has informed the Exchange that: "We have received the information from Mr. D. Ram Reddy, a Promoter Director of the Company that he has purchased 390 Equity Shares of Balaji Amines Ltd. during the week 26.11.2007 to 01.12.2007".

Jsw Steel Limited has informed the Exchange that by an order made on November 23, 2007, the Honorable High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders and Preference Shareholders of the Company be held on December 28, 2007 for the purpose of considering and if thought fit, approving with or without modification (s), the arrangement embodied in the Scheme of Amalgamation of Southern Iron and Steel Co. Limited with JSW Steel Limited. Further an extra ordinary general meeting of the equity shareholders of the Company will be held on the same day soon after

B. L. Kashyap And Sons Limited has informed the Exchange that: "B. L. Kashyap And Sons Ltd. is contemplating to divest its stake in its Subsidiary Company i.e. "Soul Space Projects Limited", which is 97.90% owned and engaged in the development of realty projects across India. The formal Board Meeting of B.L. Kashyap And Sons Ltd. for the divestment shall be communicated once formal decision in this regard is taken".

Mcleod Russel India Limited has informed the Exchange vide its letter dated December 04, 2007, that: "At a Meeting held today the Board of Directors of the Company has approved the Scheme of Amalgamation of The Moran Tea Company (India) Limited with the Company with effect from 1st April 2007. Pursuant to the said Scheme of Amalgamation which is subject to various approvals Four (4) new Equity Shares of Rs.5/- each in the Company credited as fully paid up will be issued for every One (1) Equity Share of Rs.10/- each fully paid up held by the Members of The Moran Tea Company (India) Limited in

Mahindra Forgings Limited has informed the Exchange that: "The Hon'ble High Court, Bombay at its hearing held on 23rd November, 2007 has approved the Scheme of Arrangement envisaging, inter alia amalgamation of Mahindra Stokes Holding Company Limited (MSHCL), Mahindra Forgings Overseas Limited (MFOL) and Mahindra Forgings Mauritius Limited (MFML) with the Company with effect from April 01, 2007. The amalgamation consolidates the Forging businesses across geographies such as Germany, U.K. and India and will provide benefits of operational synergy".

Onward Technologies Ltd has informed the Exchange that "The Board of Directors of the Company at their meeting held on 1st December, 2007 have approved a scheme of arrangement / reconstruction of the balance sheet of Onward eServices Limited, the wholly owned subsidiary of the Company, containing write-offs and reduction of capital and a scheme of arrangement / reconstruction for its impact on the balance sheet of Onward Technologies Limited u/s 391 to 394 / Section 100 of the Companies Act, 1956 subject to the requisite permissions."

Ballarpur Industries Ltd had informed the Exchange regarding the approval of the Scheme of Arrangement and Reorganization between Ballarpur Industries Limited and BILT Graphic Paper Products Limited by the Equity Shareholders, Secured Creditors and Unsecured Creditors of the Company in their respective Court-convened meetings held on October 19, 2007. The Company has now informed that: "The said Scheme has been duly sanctioned by the Hon'ble High Court of Bombay, Nagpur Bench vide its order dated 30th November, 2007".

Inox Leisure Limited has informed the Exchange that Prime Skyline Developers Private Limited has filed a Petition under section 391-394 of Companies Act, 1956 for amalgamation of Prime Skyline Developers Private Limited with Inox Leisure Limited. The Company has further informed that Prime Skyline Developers Private Limited is a wholly owned subsidiary of Inox Leisure Limited and hence no new shares of Inox Leisure Limited will be issued under the said Scheme.

Bharat Petroleum Corpn. Ltd has informed the Exchange that: "The Board of Directors of BPCL at the meeting held on 29.11.2007 approved a proposal for acquisition of 53,50,110 equity shares of Oil India Ltd (OIL) which is 2.50% of OILs pre-issued paid up capital from Govt of India at a price equivalent to the Issue Price of the equity shares that are proposed to be offered by OIL to the public in accordance with the Book Building method. The sale and purchase shall be completed within forty eight hours after the Issue Price is determined through the Book Building method and approved by the Boar

United Spirits Limited has informed the Exchange vide its letter dated November 28, 2007, that: "The Board of Directors of the Company at their meeting held today considered and approved the following proposal: "1) Merger of Shaw Wallace & Company Limited ('SWC') and Primo Distributors Private Limited ('Primo') with United Spirits Limited ("the Company") - a) The Appointed Date for the merger will be April 1, 2007; b) As Primo is wholly owned subsidiary of the Company, there is no consideration in respect of merger of Primo with the Company; c) In respect of merger of SWC, the Company shall al

Jain Irrigation Systems Limited has informed the Exchange Vide its letter dated November 26, 2007 that Board of Industrial and Financial Reconstruction (BIFR) sanctioning the Scheme of Rehabilitation including amalgamation of Orient Vegetexpo Ltd. with Jain Irrigation Systems Ltd. in terms of Section 19(3) read with Section 18(4) of the Sick Industrial Companies (Special Provisions) Act, 1985 for your records and reference. Following are the particulars regarding the Order. Appointed Date of Amalgamation: 01.04.2006 Date of Order of BIFR: 15.11.2007. Effective Date of amalgamation : The date o

Orient Information Technology Limited has informed the Exchange that "The Board of Directors of the Company, at their meeting held on 27th November 2007, Tuesday, has approved the Amalgamation of Orient Information Technology Ltd. (OITL) into IT People (India) Ltd, a company listed on the Bombay Stock Exchange Limited, under Sections 391 to 394 of the Companies Act, 1956, subject to the requisite approvals from the members and creditors of the two companies, regulatory authorities and the Hon'ble High Court of Judicature of Bombay. The Board of Directors of the Company has also approved the Ex

Pyramid Saimira Theatre Limited had informed the Exchange regarding the outcome of the Board Meeting held on November 10, 2007. The Company has now informed the Exchange that: "In the Board Meeting held on 10th November 2007, the Board approved the acquisition of 51% stake, for cash, in M/s. Dimple Cine Advertising Private Limited, Mumbai. M/s. Dimple Cine Advertising Private Limited is having all-India presence and is a one-stock cinema solution provider for both On-screen and Off-screen advertising business capable of all types of cinema campaigns. M/s. Keynote Corporate Services Ltd, Mumbai

Rswm Limited has informed the Exchange Vide its letter dated November 27, 2007 that "The Committee constituted by the Board, of Directors in this regard, at its meeting held today has approved the Scheme of Arrangement under the Companies Act, 1956 for de-merger of its strategic investment division into Bhilwara Technical Textiles Ltd. The Committee has also approved the exchange ratio of 10 Equity Shares of the face value of Rs.1/- each in the resultant Company i.e. Bhilwara Technical Textiles Ltd. for every 4 Shares of Rs.10/- each held in the de-merged Company i.e. RSWM Limited. The aforesa

Org Informatics Limited had informed the Exchange that "The Company has just signed an agreement with M/s.Belgacom NV/SA to acquire "Belgacom's Satellite Based Business" and also set up a wholly owned subsidiary in Belgium to facilitate this acquisition and carry this newly acquired business". The Company has now informed the Exchange that the Company has successfully acquired "Belgacom's Satellite Based Business" from M/s.Belgacom NV/SA. 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 (/Comm

Gvk Power & Infrastructure Limited has informed the Exchange Vide its letter dated November 26, 2007 that "Pursuant to the Scheme of Arrangement as approved by the Hon'ble High Court of Andhra Pradesh and Delhi our company has today acquired 12,06,16,200 equity shares of Rs.10/- each aggregating to 46.04% in GVK Industries Limited from their respective shareholders. As a result, GVK Industries Limited has become a wholly owned subsidiary of our company".

Nirma Ltd. has submitted to the Exchange a copy of the corporate announcement of the Company in respect of the acquisition of USA based natural soda ash company. 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/NIRMA_CA_27112007.zip target=NEW> For more details click here.</a>

3i Infotech Limited has informed the Exchange that "Consequent to the approval of the High Court of Judicature at Andhra Pradesh, and the filing of the Court Order with the registrar of Companies at Hyderabad, we have now completed all the formalities for the amalgamation of the Company's wholly owned subsidiary, SDG Software Technologies Limited (SDG), Hyderabad with the Company."

Sel Manufacturing Company Limited has informed the Exchange that: "SEL Manufacturing Company Limited has increased its stake to 99% in Kudu Industries, Ludhiana as a partner in the said partnership firm. The firm is having dyeing capacity of 4500 tons/p.a. in fabric and 3000 tons/p.a. in yarn. Further the firm also has Flat Bed Printing, Rotary Printing & Mercerising capacities of 2400 tons/p.a.. The acquisition of stake would help the company in value addition through manufacturing of dyed yarn & printing of fabric & readymade garments".

Rain Calcining Ltd has informed the Exchange that: "The Certified true copies of the Order of the Hon'ble High Court of Andhra Pradesh approving the Scheme of Arrangement consisting of the following: (a) Transfer of Cement Business from Rain Industries Limited to Rain Commodities Limited with effect from July 1, 2006. (b) Amalgamation of the Company with Rain Commodities Limited with effect from April 1, 2007; and (c) Transfer of Calcined Petroleum Coke (CPC) and Power Business from Rain Commodities Limited to Rain Industries Limited with effect from April 1, 2007; have been filed with the Reg

Zicom Electronic Security Systems Limited has informed the Exchange that: "The Hon'ble High Court of Judicature at Bombay has at the hearing held on November 23, 2007, approved the Scheme of Arrangement between Zicom Electronic Security Systems Limited ('Zicom') and Zicom Global Security Private Limited ('Zicom Global') and their respective Shareholders ('Scheme') for the transfer of "Consumer Service (Retail) Group" Business in Zicom Global Security Private Limited".

Rain Calcining Ltd has informed the Exchange that: "The Board of Directors of the Company at their meeting held on 22nd November, 2007, taken on record the Order Dated 25th October, 2007 of the Hon'ble High Court of Andhra Pradesh approving the Scheme of Arrangement consisting of the following: (a) Transfer of Cement Business from Rain Industries Limited to Rain Commodities Limited with effect from July 1, 2006. (b) Amalgamation of the Company with Rain Commodities Limited with effect from April 1, 2007; and c) Transfer of Calcined Petroleum Coke (CPC) and Power Business from Rain Commodities

Siemens Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on November 22, 2007 approved the proposal for the merger of Siemens Industrial Turbomachinery Services Pvt. Ltd., Bangalore (SITS) with Siemens Ltd. This transaction is subject to approvals of the Shareholders, all requisite authorities and Honourable Bombay High Court. SITS is a wholly owned subsidiary of the Company and is engaged in the business of overhauling and maintenance of industrial gas turbines and supply of spares.

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 - C.P. Krishnan; Date of Sale - 19.11.2007, No. of shares : 2500; Disclosure regarding Sale/Purchase - Sale; 2) Name - C.P. Krishnan; Date of Sale - 20.11.2007, No. of shares : 7250; Disclosure regarding Sale/Purchase - Sale.

Television Eighteen India Ltd. has informed the Exchange vide its letter dated November 21, 2007 that "Anil Srivastava has informed that he has sold the Equity shares of the Company in the Open Market today as per the details below: (1) Name:- Mr. Anil Srivastava; Designation :- VP-Corporate Affairs & Company Secretary; No. of Shares: 5000".

Punjab National Bank has informed the Exchange that "The Board of the Bank has approved that PNB Gilts may prepare a scheme of its merger with the Bank and seek necessary approvals".

Alphageo (India) Limited has informed the Exchange that Smt. A. Savita, Promoter have sold Equity Shares of Rs.10/- each as per the details given below. 1) Date of sale: 16.11.2007; Opening Holding: 1,41,931; Sale: 2,500; Post Sale Holding: 1,39,431; Mode of sale: Open market sale. This is information is submitted as per the Insider Trading Regulations and rules made thereunder.

Ashco Industries Limited has informed the Exchange that "The Board meeting convened on 19th November, 2007 at 4.00 p.m. to consider the Scheme of Amalgamation was adjourned to 20th November, 2007 at 9.00 am. At the adjourned Board meeting held on Nov.20. 2007, the Board approved the scheme of Amalgamation of NIULAB Equipment Co. Pvt. Ltd (Transferor Company) with ASHCO INDUSTRIES LTD. (Transferee Company) subject to approval of Shareholders, Mumbai High Court and other regulatory authorities. Transferor Company achieved a turnover of Rs.43.19 Cr and PAT of Rs.1.69 Cr during 2006- 2007. During

Action Construction Equipment Limited has informed the Exchange that : "Our Cyprus arm (WOS) M/s Frested Limited has acquired further stake in Romanian Company viz. SC FORMA SA- Romania by way of PUBLIC OFFER. The Company has acquired an additional number of shares to the tune of 1,44,781/- (One Lakh Forty Four Thousand Seven Hundred Eighty One only). Now the total holding of the company comes to 9,27,165 i.e. 89.5%. This is to further inform you that once again, ACE has been awarded as the fastest growing construction equipment company among all the other construction equipment companies in I

Geojit Financial Services Limited has informed the Exchange that the following disclosures has been received from employee regarding sale of Company's shares: Name - Joe Peter; Date of Purchase/sale - 19.11.2007, No. of shares : 31312; Disclosure regarding Sale/Purchase - sale.

Alphageo (India) Limited has informed the Exchange that Smt. A. Savita, Promoter have sold Equity Shares of Rs.10/- each as per the details given below. 1) Date of sale: 12.11.2007; Opening Holding: 1,42,957; Sale: 1,024; Post Sale Holding: 1,41,993; Mode of sale: open market sale. This is information is submitted as per the Insider Trading Regulations and rules made thereunder.

Gitanjali Gems Limited has informed the Exchange that "In line with the company's philosophy to add incremental value at every level of the supply chain and ensuring greater shareholder value and boost to the bottom line, Gitanjali Gems Ltd., India's one of the largest integrated diamond and jewellery manufacturer and retailer, has acquired Rogers Ltd. Inc., a retail jewelry chain in United States.The Company has acquired l00% stake in this specialty retailer, which operates 46 stores in US with current revenues equivalent to US$ 80 Million. Rogers Ltd. Inc. is headquartered in Middletown, Ohi

Hindalco Industries Ltd. has informed the Exchange that at the Shareholders Meeting held on November 12, 2007 as per the direction of the Hon'ble High Court of Mumbai, the Shareholders have approved the Scheme of arrangement for Amalgamation of Indian Aluminium Company Limited with Hindalco Industries Limited by requisite majority. Further the Company has submitted to the Exchange a copy of the Scrutineers Report. 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 Announceme

Bannari Amman Sugars Ltd has informed the Exchange that the Scheme of Amalgamation of M/s Maheswara Sugars Limited with the Company has been sanctioned by the Hon'ble High Court of Judicature at Madras vide its order dated November 06, 2007. Further, pursuant to the scheme of amalgamation, the Board of Directors, at its meeting held on November 16, 2007 have allotted 19,00,000 equity shares of Rs.10/- each and 18,46,000 - 9% Redeemable Non-cumulative Preference shares of Rs.100/- each to the shareholders of Maheswara Sugars Limited.

Cambridge Solutions Limited has informed the Exchange vide its letter dated November 15, 2007, that: "Further to the approval of the Scheme of Arrangement by the Board on Oct 30, 2007, the Board of Directors, at their meeting held today at USA has approved the following amendment in the Scheme of Merger: Merger of Cambridge Integrated Services India Private Limited with Cambridge Solutions Limited, instead of the de-merger of the ITES Undertaking of Cambridge Integrated Services India Private Limited to Cambridge Solutions Limited. All other clauses in the scheme remain same as approved by the

Provogue (India) Limited has informed the Exchange that: "The Company acquired a majority stake in Pronet Interactive Pvt. Ltd, which is engaged in the business of developing social networking websites".

Alphageo (India) Limited has informed the Exchange that "Smt. A. Savita, Promoter & relative of Managing Directors have sold 1474 Equity Shares of Rs.10/- each for the week ending 9th November, 2007".

Solar Explosives Limited has informed the Exchange vide its letter dated November 12, 2007 that : " The Company has acquired 74% stake in an unlisted Company Navbharat Coalfields Limited to further business interest of Solar Explosives Limited in accordance with all the provisions of the Memorandum and Articles of Association of the Company."

Hotel Leela Venture Ltd. has informed the Exchange that Hon'ble High Court of Judicature at Bombay had Sanctioned the Composite Scheme of Arrangement between Kovalam Hotels Limited (the transferor Company) and Hotel Leelaventure Limited (the transferee Company) and their respective shareholders vide its Order dated 2nd November 2007. The appointed date for the same will be 1st April 2006.

Panoramic Universal Limited has informed the Exchange that: "Panoramic Universal has made its foray into travel and tourism industry with acquisition of 51% stake in Hi - Flyers Travel Services Private Limited, which is catering to premium corporate travellers like Sharekhan, Akruti Foundation, SSKJ, Jain Irrigation, Supreme Industries,Boroughs India etc. Hi-Flyers Travel Services Private Limited is a full service travel outfit with a successful track record of a decade. It caters to international and domestic ticketing, package tours to popular destinations worldwide, forex services and other

Aurionpro Solutions Limited has informed the Exchange that the Company has entered into an all cash deal to acquire 100% control in Integro Technologies Pte. Ltd. (Integro) a leading Banking products company headquartered in Singapore. Integro's product portfolio include, products in the areas of Loan origination, Collateral Management for Basel II Compliance and Internet Banking. 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

Redington (India) Limited had informed the Exchange that "The following items, inter alia, were considered and approved at the meeting of the Board of Directors held on October 25, 2007 :- (1) Appointment of Mr. William Adamopoulos as an additional Director of the Company. (2) Investment in a Non-Banking Finance Company for venturing into Non-banking financial activities". The Company has now informed the Exchange that the Company has now identified and is in the process of acquiring a Delhi based Non Banking Finance Company (NBFC), M/s. Easyaccess Financial Services Private Limited, subject t

Asian Granito India Limited has informed the Exchange that the Board of Directors of the Company in its Meeting held on October 29, 2007, considered and approved the scheme of amalgamation with its wholly owned subsidiary, M/s. Asian Tiles Limited.

Colgate Palmolive India Ltd has informed the Exchange that: "The Company has acquired 75 per cent equity shareholding in Advanced Oral Care Products Pvt. Limited, Goa, Professional Oral Care Products Pvt. Ltd., Goa and SS Oral Hygiene Products Pvt. Ltd., Hyderabad, which are engaged in the manufacture of toothpaste. They have been manufacturing and supplying toothpaste to the Company for last several years".

Amtek Auto Ltd has informed the Exchange that: "Amtek Auto Limited has acquired one of the largest automotive precision machining companies M/s Triplex - Ketlon Group, which was also Amtek's strongest competitor running close to 185 different machining lines and a multi-location presence in the UK. Triplex-Ketlon manufacturing facilities are located in Paddock Wood, Stratford-upon-Avon and Hereford all in 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

Videocon Appliances Ltd. has informed the Exchange vide its letter dated November 01, 2007 that "The Scheme of Amalgamation of M/s Ranjangaon Industries Private Limited (the Transferor Company) with Videcon Appliances Limited (the Transferee Company) has become effective on October 31, 2007 upon filing of the Order of the Hon'ble Bombay High Court of Judicature at Bombay with the Registrar of Companies. The Company has fixed 30th day of November, 2007 as Record Date for determining the Equity Shareholders of the erstwhile Ranjangaon Industries Private Limited who are entitled for allotment of

Dabur India Ltd has informed the Exchange that the unsecured creditors of DFL (Dabur Foods Limited) at their Court convened meeting held on November 03, 2007 have unanimously approved the Scheme of Amalgamation of DFL with the Company.

Emco Limited has informed the Exchange that: "The Scheme of Amalgamation of Urja Engineers Limited and India Energy Investments Private Limited with the Company has been approved by the Hon'ble High Court, Bombay".