Corporate announcements

Indo Rama Synthetics (India) Limited has informed the Exchange that "This has reference to the Court Convened Meeting of the Equity Shareholders, Secured Creditors and Unsecured Creditors of Indo Rama Synthetics (I) Ltd. which were held on October 25, 2007 in pursuance of the Order of Hon'ble High Court in connection with the approval of Scheme of Amalgamation of Indo Rama Petrochemicals Ltd. with Indo Rama Synthetics (I) Ltd. The Company has further informed that at the aforesaid meetings of the equity shareholders, the secured creditors and the unsecured creditors held on October 25, 2007 th

Netflier Finco Limited has informed the Exchange that : " The Board of Directors of the Company at their meeting held today i.e. 31st October 2007 have given their in principle approval for the proposal for amalgamation of the Company together with its four wholly subsidiaries with Bengal & Assam Company Ltd."

Rswm Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on October 31, 2007 have approved to de-merge its holding in M/s. BMD Private Limited, which represented its interest in the business of automotive furnishing fabrics through a scheme of arrangement under the companies Act, 1956.

Gvk Power & Infrastructure Limited has informed the Exchange vide its letter dated November 03, 2007 that "The Hon'ble High Court of Delhi at New Delhi, vide its order dated 03-09-2007 has approved the Scheme of Arrangement amongst GVK Industries Limited (Transferor Company) and GVK Power & Infrastructure Limited (Transferee Company) and their respective Shareholders. Further the Hon'ble High Court of Andhra Pradesh at Hyderabad vide its order dated 20-07-2007 has also been approved the said Scheme of Arrangement between the parties specified above. Certified copies of the respective orders of

Etc Networks Limited has informed the Exchange that pursuant to the directions given by the Hon'ble High Court of Bombay, a meeting of equity shareholders was held on November 02, 2007 to consider the Scheme of Amalgamation of ETC Networks Limited with Zee Interactive Learning Systems Limited and their respective shareholders. The Equity Shareholders have unanimously approved the Scheme.

Transwarranty Finance Limited has informed the Exchange that in a meeting of the Board of Directors of the company held on November 02, 2007, it has been resolved to acquire 26,50,343 equity shares of Vertex Securities representing 51.18% of the equity capital from the promoters. This along with 2,00,000 equity shares being acquired by Mr. Kumar Nair from the promoters will result in a combined acquisition of 28,50,343 equity shares of Vertex Securities representing 55.04% of the equity capital subject to all regulatory approvals and compliance. Vertex Securities Limited is a stock broking com

Kec International Limited has informed the Exchange vide its letter dated November 02, 2007 that the Scheme of Arrangement between National Information Technologies Limited, RPG Transmission Limited and MP Power Line Limited and KEC International Limited and their Respective Shareholders was approved without any amendments in the Court Convened Meeting of the Equity Shareholders of the Company held on November 02, 2007.

Rpg Transmission Ltd had informed the Exchange regarding the Court Convened Meeting of the Shareholders of the Company to be held on November 02, 2007. The Company has now informed the Exchange that the shareholders at its meeting held on November 02, 2007 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, without any amendment.

Dalmia Cement (Bharat) Ltd has informed the Exchange that the Hon'ble Gauhati High Court vide its order dated October 15, 2007 approved the merger of Dalmia Cement (Meghalaya) Limited, a wholly owned subsidiary of the Company into OCL India Limited ("OCL"). Further, company petition of OCL filed with the Hon'ble High Court of Orissa at Cuttack for the sanction of the Scheme of Arrangement has been fixed for hearing on November 2, 2007.

Blue Star Infotech Limited has informed the Exchange vide its letter dated October 31, 2007, that: "The Board of Directors of the Company at their meeting held today considered and approved the proposal for merger of an investment company of the promoter group viz., Ashok Sunil & Company Private Limited (hereinafter referred to as the 'Investment Company') with the Blue Star Infotech Limited pursuant to the provisions of Sections 391 to 394 of the Companies Act. Some of the promoter group shares are held in the name of this Investment Company. With a view to rationalize promoter shareholding i

Sobha Developers Limited has informed the Exchange regarding the important decision taken by the Board of Directors at its meeting held on October 29, 2007: (1) Selling of shares of the Subsidiary Company, M/s S.B.G. Housing Private Limited which is not a material entity of the Company.

Mcleod Russel India Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on October 31, 2007 has approved in principle the proposal for amalgamation of The Moran Tea Company (India) Limited with the Company with effect from 1st April 2007 and for this purpose has appointed Messrs. L. B. Jha & Co., Chartered Accountants and ICICI Securities Limited for making necessary valuations and suggesting Share Exchange ratio to the Board in connection with the aforesaid amalgamation".

Exide Industries Ltd. had informed the Exchange that the Board of Directors of the Company had given their approval for investment in a Lead smelter upto Rs.25 crores. The Company has now informed the Exchange that the Company have now finalized the acquisition of 100% shareholding in Tandon Metals Pvt Ltd, located near Pune, Maharashtra .This company's core business is smelting of primary and Secondary Lead. Tandon Metals Pvt Ltd is an Unlisted Company. Further Company has submitted a copy press release dated October 31, 2007, titled "Exide enters lead smelting and recycling business". A copy

Balkrishna Industries Limited has informed the Exchange that in its meeting held on October 30, 2007 has noted that the Scheme of Arrangement between Balkrishna Industries Limited and Balkrishna Paper Mills Limited and Balkrishna Synthetics Limited and their respective shareholders was heard and approved by the Hon'ble Mumbai High Court on October 10, 2007 and that the Company is yet to receive a certified/ authenticated copy of the Order for making the Scheme of Arrangement effective.

Dishman Pharmaceuticals And Chemicals Limited has informed the Exchange that: "Dishman Acquired Fine Chemicals and Vitamin D Business From Solvay. 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/Dishman_acq_31102007.zip target=NEW> For more details click here.</a>

Cambridge Solutions Limited has informed the Exchange vide its letter dated October 30, 2007 that a Meeting of the Board of Directors was held today and the Board has approved the following :- 1) The funding committee to consider various funding proposals through the issue of convertible warrants/bonds/ADRs/GDRs or any other mechanism found appropriate, or by way of additional equity, including that of the issue of securities on preferential basis under SEBI (DIP) Guidelines. 2) The scheme of arrangement towards the Merger of MatrixOne India Limited with Cambridge Solutions Limited. De-merger

Sesa Goa Ltd. has informed the Exchange that the Board of Directors, at their meeting held on October 30, 2007 the following decisions have been taken: (1) Mr. Kuldip Kumar Kaura, Mr. Din Dayal Jalan and Mr. Akhilesh Joshi have been appointed as Additional Directors of the Company. (2) Increase in investment limits from present 24% to 45% of the Equity paid-up-capital of the Company by Foreign Institutional Investors subject to the approval of the Members of the Company. (3) The validity of Scheme of Amalgamation of Sesa Industries Limited with Sesa Goa Limited has been extended upto January 3

Goldstone Technologies Ltd. has informed the Exchange that the Board of Directors in their meeting held on today i.e. October 30, 2007 considered the following :- 1) Allotment of 35,918 Equity Shares to Promoters of M/s Stay Top Systems Inc; USA for the purpose of acquisition of Overseas Business. 2) Acquisition of 51% of stake in 4G Informatics Private Limited engaged in Bio-metric identity solutions. Goldstone Technologies Limited will be using a combination of cash and stock to fund the acquisition. 3) Further Issue of Shares under Section 81(1A) on Preferential Basis for acquisition of M/s

Strides Arcolab Limited has informed the Exchange vide its letter dated October 30, 2007 that: "The Board of Directors at its meeting held today has in-principle approved the proposal for the amalgamation of its wholly owned subsidiaries Quantum Life Sciences Private Limited and Medgene Pharmaceuticals Private Limited, with the Company. The scheme will be subject to all requisite permissions, sanctions and approvals as may be required."

Sintex Industries Ltd. has informed the Exchange regarding a press release dated October 30, 2007, titled "Sintex Industries Ltd acquires Nief Plastic, a leader in plastic injection moldings and thermosets in a cash deal of Euro 30.70m for 100% equity value". A copy of the press release 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/sintex_PR_301007.zip target=NEW> For more details click here.</a>

Ocl India Ltd. has informed the Exchange that Hon'ble Gauhati High Court vide its order dated October 15, 2007 has approved the merger of DCML (Dalmia Cement (Meghalaya) Limited) into OCL (OCL India Limited). Further, the date of hearing of the petition of OCL for sanction of the Scheme of Arrangement is fixed on November 02, 2007 by the Hon'ble High Court of Orissa at Cuttack.

Sms Pharmaceuticals Limited has informed the Exchange that in the Board Meeting held on October 29, 2007 the Board has taken the following decisions :- 1) Considered for the merger of Sreenivasa Pharma Private Limited (wholly owned subsidiary) with the company.

Blue Star Limited has informed the Exchange vide its letter dated October 29, 2007 that : "The Board of Directors of the Company at their meeting held today considered and approved the proposal for merger of Investment Companies of promoter group viz., Admo Holdings Private Limited, Sunag Investments Private Limited, Sunashad Investments Private Limited and Mohan T Advani Finance Private Limited (hereinafter collectively referred to as the 'Investment Companies') with the Blue Star Limited pursuant to the provisions of Sections 391 to 394 of the Companies Act. The promoters, through these Inve

Kamat Hotels (I) Ltd has informed the Exchange vide notes to Unaudited Financial Results for the quarter ended September 30, 2007 (taken on record by the Board of the directors of the Company at its Meeting held on October 27, 2007) that : The Board has approved acquisition upto 60% stake in equity of Concept Hospitality Ltd, a hospitality management consultancy company, subject to approval of the Central Government.

Jsw Steel Limited has informed the Exchange that the Board meeting held on October 25, 2007, the following decisions were taken: 1) Scheme of Amalgamation of Southern Iron and Steel Company Limited ("SISCOL") with JSW Steel Limited ("JSWSL") and their respective shareholders and creditors 2) Incorporation of a) JSW Steel Holding (USA) Inc and b) JSW Steel (USA) Inc as 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/corpora

Fiem Industries Limited has informed the Exchange that the Hon'ble High Court of Delhi has approved the Scheme of Amalgamation ("the Scheme") of FIEM Sung San (India) Limited (Transferor Company) with the Company vide order dated September 3, 2007 ("the order").

Punjab Chemicals & Crop Protection Limited has informed the Exchange that: "The Hon'ble Bombay High Court has approved the scheme of amalgamation of IA&IC Chem Pvt. Ltd. and Pauraj Chemicals Pvt. Ltd. (the wholly owned subsidiaries) with the Company. Hon'ble Punjab and Haryana High Court at Chandigarh has already dispensed with the holding of meetings of shareholders, unsecured creditors and secured creditors of the Company and has also exempted the Company from filing a second petition. Accordingly, the amalgamation of both the subsidiary companies with the Company have been approved by the H

Greenply Industries Ltd has informed the Exchange that "The Board of Directors at their meeting held on 23rd October, 2007 has discussed and approved the following: 1) Acquisition of M/s Galaxy Decor Pvt. Ltd. and M/s. Platinum Veneers Pvt. Ltd. both engaged in the business segment of manufacturing of Plywood and its allied products, as a Wholly Owned Subsidiary Companies of Greenply Industries Limited. 2) Setting-up of MDF manufacturing line in our existing limit at Pantnagar, Uttarakhand. 3) Setting-up of a new Laminate unit in Himachal Pradesh".

Orient Information Technology Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on October 20, 2007, inter alia, approved the following: (1) The Proposal of Amalgamation/Merger of the Company with M/s. IT People (India) Limited and made appointment of M/s. Gadgil & Co., Chartered Accountants, as the Valuers for the purpose of valuation of the Company".

Karuturi Networks Limited has informed the Exchange that: "Karuturi Networks Ltd on 19.10.2007 has completed all formalities leading to acquisitions of infrastructure and management control of Sher Agencies Ltd, Kenya. With this acquisition, Karuturi Networks Ltd has emerged as the worlds largest producer and exporter of roses. Karuturi Roses are available in Africa, USA, Europe, Middle East, Far East Asia, Australia and New Zealand. This acquisition renders Karuturi Networks as the truly Multi National and fully integrated company in India in the field of agriculture. Mr. Sai Ramakrishna Karu

Television Eighteen India Ltd. has informed the Exchange vide its letter dated October 17, 2007 that "The following official of the Company has sold their shares of the Company in the Open Market as per the below mentioned details: (1) Name:- Mr. Sameer Manchanda (Director of a Subsidiary Company); No. of Shares: 100,000; Price Per Share: Rs.1040".

Ballarpur Industries Ltd had informed the Exchange regarding the notices convening meetings of the Equity Shareholders, Unsecured Creditors and Secured Creditors of the Company in pursuance of the orders of the High Court of Judicature at Bombay, Nagpur Bench scheduled to be held on October 19, 2007 for approval of Scheme of Arrangement and Reorganisation between Ballarpur Industries Limited and BILT Graphic Paper Products Limited and their respective shareholders and creditors ("the Scheme"). The Company has now informed the Exchange that the Equity Shareholders, Unsecured Creditors and Secur

Aban Offshore Ltd. has informed the Exchange that: "Mr P Venkateswaran, Deputy Managing Director of the Company has sold 2500 equity shares of Rs.2/- on 18.10.2007 of Aban Offshore Limited. The Shareholding of Mr P Venkateswaran after the sale is 9605 equity shares aggregating to 0.0259% of the paid up capital of Aban Offshore Limited".

Tech Mahindra Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on October 19, 2007. (1) Approved merger of wholly owned subsidiaries, Tech Mahindra (R&D Services) Limited and iPolicy Networks Limited, with Tech Mahindra Limited. (2) The Board has issued and allotted a total of 3,580 equity shares of Rs.10/- of the Company, on exercise of stock options as under: (i) 1,670 equity shares, on exercise of stock options under Employee Stock Option Plan 2000 (ESOP 2000). (ii) 1,910 equity shares, on exercise of stock options under Employee Stock Opti

Orbit Corporation Limited has informed the Exchange that "Pursuant to the directions given by the Hon'ble High Court of Bombay, the equity shareholders of the Company at its meeting held on October 17, 2007, have approved the Scheme of Amalgamation of Orbit Constructions & Realtors Private Limited, Orbit Buildcon & Realty Private Limited and Orbit Housing Private Limited with the Company, with requisite majority".

Bombay Rayon Fashions Limited has informed the Exchange that "The Board of Directors of the Company has inter-alia consider and approved the acquisition of "LNJ Apparel" a Unit of RSWM Ltd (formerly known Rajasthan Spinning & Weaving Mills Ltd) at a consideration of Rs.25.50 crores. LNJ Apparel in engaged in the business of manufacturing & exports of garments having its manufacturing facility at Village Bidadi, Bangalore. The Board has approved the necessary Memorandum of Understanding (MOU) to be entered into & taking necessary actions in this regard".

Pidilite Industries Ltd has informed the Exchange that: "The Company alongwith its Wholly Owned Subsidiaries (WOS) namely Pidilite International Pte. Ltd, Singapore and Pidilite Middle East Limited, Jebel Ali, Dubai, UAE have acquired 100% stake in a Company named Pidilite Industries Egypt (erstwhile SADAFCO - an existing Company incorporated in Egypt). The said Company will undertake manufacturing, selling and related activities".

Jai Corp Limited has informed the Exchange vide its letter dated October 15, 2007 that: "We have been informed by the promoters today that they have sold 2,19,00,000 (two crores & nineteen lakhs) equity shares of the Company through the floor of the exchange in accordance with the permission granted by you".

Lg Balakrishnan & Bros Ltd has informed the Exchange that: "The Board of Directors at its meeting held on 12th October, 2007 evaluated options for realigning the business operations of the Company proposed to de-merger the forging division along with its assets and liabilities including the operations currently covered at Bangalore, Mysore and Coimbatore into a separate Company and will be listed accordingly. Upon de-merger of the forging division in to a new Company, the new Company will pursue the opportunities available for the global footprint of its operations including possible cross bor

Teledata Informatics Limited has informed the Exchange that: "The Honourable High Court of Madras has pronounced the order allowing the Composite Scheme of Arrangement between Teledata Informatics Ltd and Teledata Marine Solutions Ltd and Teledata Technology Solutions Limited and Sirius Shipping Company Limited".

Allcargo Global Logistics Limited has informed the Exchange that: "At the meeting of the Board of Directors of Allcargo Global Logistics Limited held today i.e. October 12, 2007, the Board inter-alia: 1) approved a Scheme of Arrangement for acquisition of the business including the assets and liabilities of the Projects and Equipment Division of Transindia Freight Services Private Limited (TFSPL) and 2) approved a fund raising programme up to Rs.300 crores through issue of equity shares and / or equity linked instrument / securities". Further, the Company has submitted to the Exchange copies o

Rpg Transmission Ltd has informed the Exchange that by an Order made on the October 04, 2007 in the Company application, the Hon'ble High Court of Judicature at Madhya Pradesh, Jabalpur Bench, has directed that a meeting of the Equity Shareholders of RPG Transmission Limited, the Applicant Company be convened and held on November 02, 2007 for the purpose of considering and, if thought fit, to approve, with or without modification(s), the arrangement embodied in the Scheme of Arrangement ("the Scheme") between National Information Technologies Limited ("NITEL" or "the First Transferor Company")

Gvk Power & Infrastructure Limited has informed the Exchange that "The Hon'ble High Court of Delhi at New Delhi, vide its order dated 03-09-2007 has approved the Scheme of Amalgamation of Bowstring Projects & Investments Pvt Ltd (First Transferor Company), Green Garden Horticulture Private Limited (Second Transferor Company) with GVK Power & Infrastructure Limited (Transferee Company) and their respective Shareholders and Creditors. Certified copy of the said order has been received and the same has been duly filed by the respective companies with the Registrar of Companies, NCT Delhi and Hary

Balkrishna Industries Limited has informed the Exchange that: "The Hon'ble High Court of Bombay has at the hearing held on October 10, 2007, approved the Scheme of Arrangement between Balkrishna Industries Limited ('Balkrishna') and Balkrishna Paper Mills Limited ('Balkrishna Paper') and Balkrishna Synthetics Limited ('Balkrishna Synthetics') and their respective shareholders ('Scheme') for the transfer of the Paper Business and Textile Business of Balkrishna to Balkrishna Paper and Balkrishna Synthetics, respectively. The meeting of the Board of Directors to take the Scheme on record shall be

Century Plyboards (India) Limited has informed the Exchange vide its letter dated October 08, 2007 that "The meeting of the equity shareholders of the Company was held today, to approve the Scheme of Amalgamation of Century Panels Pvt. Ltd., Sharon Veneers Pvt. Ltd. and Sharon Wood Industries Pvt. Ltd. with the Company under the Chairmanship of Mr. Suman Dutta, Advocate, the Chairperson appointed by the Hon'ble High Court. At the meeting the following resolution was passed with requisite majority: "Resolved that the Scheme of Amalgamation of Century Panels Private Limited, Sharon Veneers Priv

Adlabs Films Limited has informed the Exchange that "The High Court of Judicature at Bombay has passed the order sanctioning the Scheme of Amalgamation of its wholly owned subsidiary viz, Katch 22 Entertainment Private Limited with Adlabs Films Limited. The same is effective from October 09, 2007 which is the date of filing the order with the Registrar of Companies, Maharashtra".

Patni Computer Systems Limited has informed the Exchange that: "Patni Computer Systems Limited through its wholly owned subsidiary, Patni Computer Systems Inc, has entered into an agreement with UK based the Carphone Warehouse Limited ("CPW") to acquire the worldwide rights to CPW's proprietary intellectual property that enables communication service providers to offer customer management, retail point of sale and billing services for a variety of products and services. Patni intends to use this intellectual property for the purposes of software licensing, provision of re-usable intellectual p

Blue Bird (India) Limited had informed the Exchange regarding the Registration of the new Objects in the Main Object Clause of the Memorandum of Association of the Company, with the Registrar of Companies, Pune. The Company has now informed the Exchange that: "With a view to attain the above objects the Company has acquired the following lands in and around Pune - 1) Particulars / Location - Plot for residential Project at Village Mauje, Khadakwasla, Taluka Haveli, District Pune; Area - 20 Are. 2) Particulars / Location - Plot for Commercial Project at Hotel Goodluck Square, Deccan Gymkhana, P

Gujarat State Fertilizers & Chemicals Ltd. has informed the Exchange that "The Scheme of Arrangement between Gujarat State Fertilizers & Chemicals Ltd., and GSFC Investment And Leasing Co. Ltd., has been unanimously approved by the Equity Shareholders at the Court convened Meeting of Equity Shareholders of GSFC held on 21st September, 2007".

Ds Kulkarni Developers Ltd. has informed the Exchange that: "In the Board Meeting held on 9th October, 2007, the Board of Directors approved the Scheme of Merger of Oyster Promoters & Developers Pvt. Ltd. (Oyster) with D. S. Kulkarni Developers Limited (DSKDL). The Exchange Ratio for the Merger shall be 380 new equity shares of DSKDL of Rs.10/- each for every 1 equity share of Oyster of Rs.10/- each at a premium of Rs.280/- per share, thereby issuing 3,800,000 (Three Million Eight Hundred Thousand) new equity shares of DSKDL".