Corporate announcements

Jain Irrigation Systems Limited has informed the Exchange regarding the sanction of Scheme of Arrangement between Eurissko Agro Ltd., and Jain Irrigation Systems Ltd by Bombay High Court Order. Details of same are as follows: i) Appointed date of merger: April 01, 2006; ii) Date of Order: May 04, 2007; iii) Effective date of merger: June 20, 2007 - The date on which certified copy of the order of the Court under section 394 of the Companies Act, 1956 sanctioning the Scheme has been filed with the Registrar of Companies, Maharashtra, Mumbai and Pune.

Industrial Development Bank Of India Limited has informed the Exchange that: "Pursuant to the approval received from the concerned statutory and regulatory authorities, IDBI has sold 9 lakh equity shares constituting 2% of the issued and paid up capital of National Stock Exchange of India Ltd. to MS Strategic (Mauritius) Ltd. for an aggregate sum of USD 50 million today" (June 28, 2007).

Solar Explosives Limited has informed the Exchange that the Board in its meeting held on June 27, 2007, has approved the Scheme of Merger between Solar Capitals Limited and Solar Explosives Limited & also between Solar Components Pvt Limited and Economic Explosives Limited.

Bannari Amman Sugars Ltd has informed the Exchange that: "The Board of Directors at their meeting held today (June 27, 2007) have approved the scheme of amalgamation of M/s. Maheswara Sugars Limited with our company and the appointed date of the scheme is 1.1.2007. The scheme of amalgamation is subject to approval of the members and Hon'ble High court. The revised accounts for the year ended 31.3.2007 giving effect to the merger will be placed for consideration and adoption after obtaining approval from the Hon'ble High Court, Madras. In the revised accounts, appropriation including dividend w

Tata Power Co. Ltd. has informed the Exchange that: "The Company has completed acquisition of 30% equity stakes (the "Purchase") in major Indonesian thermal coal producers. PT Kaltim Prima Coal ("KPC") and PT Arutmin Indonesia ("Arutmin") (together the "Coal Companies"), as well as related trading companies owned by PT Bumi Resources Tbk ("Bumi").In order to complete this acquisition, a bridge loan facility has been provided by a group of Banks led by Barclays Bank PLC for the amount of USD 950 million. This bridge loan has a tenor of 1 year and is competitively priced for loans of such nature

Aurobindo Pharma Ltd has informed the Exchange that "The Hon'ble court of Andhra Pradesh has approved the Scheme of Arrangement for the merger of APL Life Sciences Limited (APL Life) and Senor Organics Private Limited (Senor) into Aurobindo Pharma Limited and the utilisation of share premium account of the Company. Further, no shares would be issued by the Company in consideration for the merger as both APL Life and Senor are wholly owned subsidiary companies. KPMG India Private Limited has assisted in the process of merger".

Easun Reyrolle Ltd has informed the Exchange that: "The Board of Easun Reyrolle Limited, at its meeting held today (25th June 2007) in London, has approved the acquisition of the Business of the Protection Relays and Power System Disturbance Recorders (Relay and Recorder) Division of Nxtphase T&D Corporation, Canada, as an ongoing business, including all the related Assets and Liabilities of the Division. For the purpose of this acquisition, the Company is setting up a wholly owned Subsidiary in Canada, under the name "ERLPHASE Power Technologies Limited", which will be responsible for conduct

Kotak Mahindra Bank Limited has informed the Exchange that: "The Hon'ble High Court, Bombay has passed an Order approving the Scheme of arrangement for the transfer by way of demerger of the Demerged Undertaking of Kotak Mahindra Capital Company Limited with Kotak Mahindra Bank Limited".

Government of India, Ministry of Finance, Department of Economic Affairs (Banking Division) has informed the Exchange that: "1) The proposal of Reserve Bank of India for transferring its entire shareholding in State Bank of India to Central Government was approved by the Cabinet in its meeting held on February 1, 2007. This decision of the Government was formally announced by the Finance Minister in his Budget Speech on February 28, 2007, and a sum of Rs.40,000 crore was provided in the Budget for the year 2007-08. 2) The State Bank of India (Amendment) Ordinance, 2007 (No.5 of 2007) amendin

Batliboi Limited has informed the Exchange that: "The Board of Directors at its meeting held on 20th June, 2007 have amended the Scheme of Amalgamation of Batliboi SPM Pvt. Ltd with the Company to the extent that the appointed date of the Scheme is 1st April, 2007 instead of 1st April, 2006".

Bank Of India has informed the Exchange that: "The Bank has signed the Acquisition Deed for acquiring 76% stake in M/s. PT Bank Swadesi, Indonesia. Bank Swadesi is a well run mid sized operating in Indonesia for last 38 years and has 16 outlets. Bank Swadesi has a licence to Forex Business and is listed on the Jakarta Stock Exchange".

Gvk Power & Infrastructure Limited has informed the Exchange that: "GVK Power & Infrastructure Limited has acquired 19,90,000 equity shares of Rs.10 each, for Cash at Par, aggregating to Rs.1.99 Crores in GVK Aviation Private Limited through fresh allotment of shares on June 21, 2007. As a result of this acquisition of shares, GVK Aviation Private Limited has become a wholly owned subsidiary of GVK Power & Infrastructure Limited with effect from June 21, 2007. GVK Aviation Private Limited is a company incorporated on March 21, 2007 and is engaged in the business of aviation, owning and charter

Batliboi Limited has informed the Exchange that: "The Company has acquired AESA Air Engineering, S.A., a France based Textile Air Engineering Company for a consideration of approximately Rs.9.00 Crores in an all cash deal".

Visaka Industries Ltd. has informed the Exchange that the Honorable High Court of Andhra Pradesh has, vide its Order dated June 06, 2007, sanctioned the 'Scheme of Amalgamation', between M/s. Shakti Roofings (Private) Limited and M/s. Visaka Industries Limited. As approved, (1) by the Board of Directors in their meeting held on April 25, 2006 (2) by the shareholders of the company in their meeting held on October 07, 2006 (3) by the High Court vide its Order dated June 06, 2007 and (4) pursuant to filing of certified copy of the Court Order with the Registrar of Companies, Andhra Pradesh, t

Dynamatic Technologies Ltd. has informed the Exchange that "Dynamatic Technologies Limited has acquired The Hydraulic Business Division (Swindon Unit) of Sauer Danloss Limited, UK. The buy-out has been effected through our wholly owned subsidiary, Dynamatic Limited, UK, at the close of business hours on Friday, June 15th 2007. The said acquisition, provides Dynamatic Technologies Limited with a global sales footprint, as well as a world-class manufacturing facility at the customers' doorstep. It also provides the company with an excellent engineering laboratory with a large amount of intellect

Gmr Industries Limited has informed the Exchange that the Hon'ble High Court of Andhra Pradesh has passed orders approving the Scheme of Arrangement between Bharat Sugar Mills Limited (Transferor Company) and GMR Industries Limited (Transferee / Demerged Company) and GMR Ferro Alloys & Industries Limited (Resulting Company). The respective Companies have completed the filing of Certified True Copy of the Court Order along with the Copy of the Scheme of Arrangement with the Registrar of Companies, Andhra Pradesh on May 15, 2007 (effective date). The aforesaid Scheme of Arrangement comes into ef

Shri Ramrupai Balaji Steels Limited has informed the Exchange that: "the Hon'ble Calcutta High Court was pleased to approve the Scheme of Amalgamation of Shri Ramrupai Balaji Steels Limited with Jai Balaji Sponge Limited on 14th June, 2007".

Classic Diamonds (India) Limited has informed the Exchange that: "In accordance with the directions of the Honourable High Court of Bombay, the meeting of the equity shareholders as held on 15th June 2007, the equity shareholders have approved the scheme of amalgamation of Purvi Diamonds Private Limited with Classic Diamonds (India) Ltd. pursuant to sections 391 to 394 and other relevant provisions of the Act, with requisite majority (i.e. 99.99% majority)".

Cranes Software International Limited has informed the Exchange that "The Board of Directors have at their meeting held today (i.e. June 16, 2007) approved the following :- (1) Acquisition of equity shares of Dunn Solutions Group, (DSG) a US technology based consultancy company though its Wholly owned subsidiary in USA., Viz., Cranes Software Inc. and will invest Rs.600 mio approx in acquisition cost and immediate investments. (2) Acquisition of the equity shares of Tilak Autotech Pvt Ltd., thereby making it a wholly owned subsidiary of the Company. The investment would entail about Rs.100 mio

Jai Balaji Sponge Limited has informed the Exchange that: "Kindly note that the Hon'ble Calcutta High Court was pleased to approve the Scheme of Amalgamation of Shri Ramrupai Balaji Steels Limited with Jai Balaji Sponge Limited on 14th June, 2007".

Peninsula Land Limited had informed the Exchange regarding the receipt of the sanction of the Hon'ble High Court of Mumbai sanctioning the Scheme of Amalgamation of The Dawn Mills Company Limited ("Dawn") with Peninsula Land Limited ("PLL"). The Company has now informed the Exchange that: "Under the Scheme, shareholders of Dawn would be entitled to receive 20 (twenty) equity shares of Rs.10/- each of PLL for every 1 (one) equity share of Rs.50/- each held by them in Dawn as on the Record Date. For the same, the Company (in consultation with the Dawn Board of Directors) has fixed Friday, 6th Ju

Rpg Life Sciences Limited has informed the Exchange vide its letter dated June 12, 2007 that: "The Board of Directors of the Company at its meeting held today has considered and approved the Scheme of Arrangement between RPG Life Sciences Limited ('RPGLS' or 'the Company') and RPG Pharmaceuticals Limited ('Operating Co') and Instant Holdings Limited ('Investment Co') and Instant Trading and Investment Company Limited ('Instant')". 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/

Kojam Fininvest Limited had informed the Exchange regarding convening of the meeting of the shareholders on June 04, 2007 for approving the Scheme of Arrangement and Amalgamation ("Scheme") of Kojam Fininvest Limited ("Kojam" or "the Company") with Gujarat Glass Limited in accordance with the directions of the Hon'ble High Court of Gujarat at Ahmedabad. The Company has now informed the Exchange that "At the said meeting held on 4th June, 2007, the Scheme has been approved by the shareholders unanimously".

India Cements Ltd. has informed the Exchange that "The equity shareholders at the court convened meeting held today, the 11th June 2007, have passed the resolution, approving the scheme of amalgamation between Visaka Cement Industry Limited (Transferor Company) and The India Cements Limited (Transferee Company). The aforesaid scheme of amalgamation will be subject to approval of the Hon'ble High Court of Judicature at Madras for which necessary petition / affidavit will be filed with the Court shortly".

Aksh Optifibre Limited has informed the Exchange that "Dr. Kailash S. Choudhari, Managing Director of the company has sold 215,072 equity shares of the company between 4th June 2007 to 7th June, 2007 (both days inclusive). Therefore, his shareholding as on June 09, 2007, after the above transaction is 3,622,115 equity shares aggregating to 15.92% of the total issued, subscribed and paid-up equity share capital of company."

Shivalik Global Limited has informed the Exchange that: "Hon'ble High Court of Delhi sanctioned the scheme of amalgamation of "M/s Shyam Tex International Limited with M/s Shivalik Global Limited"".

Vardhman Polytex Limited has informed the Exchange that: "Pursuant to the Order of Hon'ble High Court of Punjab & Haryana at Chandigarh, the Company has convened the meeting of the Equity Shareholders, Secured Creditors and Unsecured Creditors under the Chairpersonship of Ms. Puneeta Sethi and Co- Chairmanship of Mr. Vipul Jindal and Mr. Ramneek Vasudeva & Mr. Rahul Jindal as Assisting Advocates. Accordingly, the Equity Shareholders, Secured Creditors and Unsecured Creditors of the Company have approved the Scheme of Amalgamation of Amkryon International (P) Ltd. with the Company".

Wipro Ltd has informed the Exchange that "Our Board of Directors have approved merger of the following subsidiary companies and the draft scheme of amalgamation vide circular resolution dated June 6, 2007 through two schemes of amalgamations. Scheme 1. for merger of the following subsidiary companies with Wipro Limited (a) MPACT Technology Services Private Limited. (b) mPower software Services (India) Private Limited. (c) CMango India Private Limited. Scheme 2. for merger of the following subsidiary companies with Wipro Limited (a) Wipro Infrastructure Engineering Limited (b) Wipro HealthCar

Jd Orgochem Limited has informed the Exchange that "(1) The Board of Directors of the Company at its meeting held today (i.e. 7th June, 2007) has taken on record confirmation received from Asset Reconstruction Company of India Limited (ARCIL) having finalised 'In principle' sale of Company's Turbhe unit in accordance with power created under Section 13(4) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). (2) The Board of Directors has approved and taken on record Scheme of Compromise / Arrangement as approved by ARCIL with S

Jain Irrigation Systems Limited had informed the Exchange that the Board of Directors of Company at their meeting held on May 28, 2007 approved the acquisition by Jain Irrigation Systems Limited of holding in Naandan Irrigation Systems (C.S.) Limited, Israel via a wholly owned subsidiary in Netherlands. The Company has now informed the Exchange that Jain (Israel) B.V., Netherlands, a wholly owned subsidiary of Jain Irrigation Systems Limited, has completed the acquisition of 50.001% of the ownership rights of Naandan Irrigation Systems (C.S.) Limited, Israel, along with 50% of the management a

Aksh Optifibre Limited has informed the Exchange that the Hon'ble High Court Of Delhi on May 29, 2007 has approved the Merger Petition filed by Aksh Broadband Limited (Transferor Company), seeking approval of its merger with Aksh Optifibre Limited. The certified copy of the order is awaited. The merger shall be effective upon receipt of the certified copy of the order and filing of the same with Register of Companies, NCT of Delhi and Haryana.

Amtek Auto Ltd has informed the Exchange that the Company has acquired the entire assets of U.K. based J L French's (Witham) Limited, a company engaged in the business of manufacturing of HPDC Aluminium for automotive application. 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/AmtekAuto_Acquisition.zip target=NEW> For more details click here.</a>

Peninsula Land Limited has informed the Exchange that "We have received the sanction of the Hon'ble High Court of Mumbai sanctioning the Scheme of Amalgamation of The Dawn Mills Company Limited with the Company".

Suzlon Energy Limited has informed the Exchange that "On 9th February 2007, the Company through its step-down subsidiary had announced its intention to make an offer to acquire the entire outstanding equity share capital of REpower Systems AG, Germany ("REpower") through a voluntary public tender offer subject to necessary approvals of German Stock Market Regulator (BaFin) and other respective competent competition authorities. At the end of the said offer, which lasted till 25th May 2007, the Company through its step-down subsidiaries, holds 33.85% of the REpower's capital. By this 33.85% and

Sintex Industries Ltd. has informed the Exchange that "In furtherance of the meeting of the Board of Directors of the Company dated January 10, 2006 a meeting of the Committee of Directors was held on 31st May, 2007. The Said Committee has approved acquisition of 81% of the shareholding of Wausaukee Composites Inc ("WCI"), a company organized under the laws of the State of Wisconsin, USA by the Company. The Company has acquired 81% of the shareholding of WCI in the first tranche and the balance shareholding subsequently. The acquisition of the shares of WCI by the Company is undertaken by the

Ganesh Housing Corporation Ltd. has informed the Exchange that " pursuant to the orders passed by Hon'ble High Court of Gujarat on 10th April, 2007, a meeting of shareholders of the Company was convened on Saturday, 26th May, 2007. The shareholders have unanimously approved the Scheme of Amalgamation of Ramasagar Infrastructure Pvt Ltd, Nachiket Properties Pvt Ltd, Manjari (Thaltej) Complex Pvt Ltd, Shaharsh Infrastructure Pvt Ltd and Ganesh Infrastructure Pvt Ltd with the Company. Further, the requirements of holding meetings of secured and unsecured creditors of the Company to seek their ap

Mcleod Russel India Limited has informed the Exchange that with the filing of the Certified Copy of the Order dated 8th May 2007 of the Hon'ble High Court at Calcutta, approving the Scheme of Amalgamation of Doom Dooma Tea Company Limited with McLeod Russel India Limited, with the Registrar of Companies on 25th May 2007, the Scheme of Amalgamation of Doom Dooma Tea Company Limited with our Company has become effective with retrospective effect from 1st April 2006.

3i Infotech Limited has informed the Exchange that "3i Infotech Limited has acquired a 60% stake in KNM Services Private Limited. KNM Services Private Limited has been acquired for its delivery capability is in the niche area of cheque truncation for banks. The company has several banks in public and private sector as its clients".

3i Infotech Limited has informed the Exchange that "3i Infotech Limited has acquired a 50.5% stake in aok in-house BPO Services Limited and aok in-house Factoring Services Private Limited. These companies have been acquired for the delivery capabilities in the area of credit cards and auto loans processing for the banking sector and claims and proposal processing for the insurance sector. Their operations are at present in the domestic market. They have several private sector, public sector, foreign banks and insurance companies as their clients".

Gmr Infrastructure Limited has informed the Exchange that: "the Company, has acquired effective from May 28, 2007, 100% of the paid up share capital of GMR Aviation Private Limited, a company engaged in rendering aviation services. Therefore, effective from May 28, 2007, GMR Aviation Private Limited has also become the subsidiary of the Company".

Television Eighteen India Ltd. has informed the Exchange that "The following C.E.O of the Company and Directors of the Subsidiary Company of the Company have informed the Company that they has sold Shares of TV18 in the open market; the detail for the same is as follows: (1) Name of the Person :- Mr. Haresh Chawla ; Designation :- C.E.O; No of Shares Sold :- 1,00,000; No of Shares Purchased :- Nil; Date of Transaction :- 24.5.2007. (2) Name of the Person :- Mr. Sameer Manchanda ; Designation :- Director, Moneycontrol Dot Com India Limited; No of Shares Sold :- 1,00,000; No of Shares Purchased

Crompton Greaves Ltd has informed the Exchange that "The Company has just concluded an arrangement for the acquisition of Microsol Holdings Limited (MHL) together with other companies in the Microsol Group. MHL is based in Ireland with operations in UK, USA and Ireland, and is engaged in the business of providing sub-station automation for MV and HV sub-stations, with respect to both new sub-stations as well as retro-fitting solutions for existing sub-stations. The approximate Enterprise Value of this acquisition is Euro 10.50 million. This acquisition will increase the Company's strengths in

Cambridge Technology Enterprises Limited has informed the Exchange that "Board of Directors at their meeting held on May 26, 2007 has approved the acquisition of M/s ComCreation Inc, an US based company at a total purchase consideration of USD 3.50 million. The company is in the process of completing the necessary formalities in connection with this transaction".

Tata Tea Ltd has informed the Exchange that "Tata Tea Limited through its indirect UK subsidiary Tata Tea (GB) Investments Ltd, had acquired 25% of the shareholding of Energy Brands Inc: USA ("EBI") and Tata Sons Ltd through its subsidiary Tata Ltd (UK) had acquired 5% of the shareholding of EBI. The aggregate consideration for the purchase of this 30% holding was US $ 677 million based on an enterprise valuation of US $ 2.2 Billion of EBI. In response to an offer received by EBI from The Coco Cola Company for acquiring 100% of the capital of EBI, Tata Tea (GB) Investments Ltd (UK) and Tata Lt

Motherson Sumi Systems Ltd. has informed the Exchange that "The company's subsidiary Motherson Elastomers Pty Limited has received approval from Australian Industrial Relations Commission. With the receipt of the same, the company has completed the acquisition of the business and assets of Empire Rubber (Bendigo, Victoria, Australia), which had been engaged in rubber mixing and manufacture of rubber extruded components, from Huon Corporation Pty Limited (in Liquidation)".

Noida Toll Bridge Company Ltd had informed the Exchange regarding the approval of the Scheme of Amalgamation with the Company's wholly owned subsidiary DND Flyway Limited, under Section 391-394 of the Companies Act, 1956, by the shareholders of the Company. The company has further informed the Exchange that: "The Honourable High Courts of Allahabad and Delhi have approved the Scheme of Amalgamation between the Company and its 100% subsidiary, DND Flyway Ltd. The Scheme will come into effect once the order passed by the Delhi High Court is filed with the Registrar of Companies. In the Scheme, t

Videocon Appliances Ltd. has informed the Exchange that: "Amongst other business, the following business were transacted at the meeting of the Board of directors of the Company held on this date (May 21, 2007): 1) The Board has approved the Valuation Report obtained from M/s. G D Apte & Co., Chartered Accountants, recommending swap ratio of 1 (One) fully paid-up Equity Share having face value of Rs.10/-, of Videocon Appliances Limited for every 18 (Eighteen) Equity Shares held in Ranjangaon Industries Private Limited, upon sanction of the Scheme. 2) 1st March 2006 has been fixed as the "Appoin

Winsome Yarns Ltd has informed the Exchange that: "The Wholly Owned Subsidiary of the company i.e. M/s Winsome Yarns (Cyprus) Limited, Cyprus to acquire the knitwear business in Italy and Romania has acquired 90% shareholding of M/S Winsome Romania s.r.l., Satu Mare, Romania. Further, M/S Winsome Romania s.r.l. a step down subsidiary of the Company has Acquired 100% shareholding of M/S IMM Winsome Italia s.p.a, Italy which in turn holds 100% shareholding of M/S S.C. Textile s.r.l, Satu Mare, Romania.

Suprajit Engineering Limited has informed the Exchange that: "Suprajit Engineering Limited, Bangalore, a major auto ancillary with Global presence, is currently evaluating and negotiating the proposals for overseas acquisitions as a part of its plan of expanding in the Global market for its products. The Company is also in the process of discussing with various Investment Bankers / Intermediaries / Financial Institutions / other agencies for part funding such acquisitions".

Coromandel Fertilisers Ltd. has informed the Exchange that: "The High Court of Andhra Pradesh and the High Court of Bombay have approved the Scheme of Amalgamation of M/s Ficom Organics Limited (Ficom) and M/s Rasilah Investments Limited with M/s Coromandel Fertilisers Limited (CFL) on April 10, 2007 and April 27, 2007 respectively. As per the Scheme, shareholders of Ficom will be entitled for 3 (three) Equity Shares of Coromandel Fertilisers Limited for every 11 (eleven) Equity Shares held by them of Ficom. For ascertaining the eligibility of the shareholders of Ficom who are to receive the e