Corporate announcements

Batliboi Limited had informed the Exchange regarding the Share Exchange Ratio pursuant to the Scheme of Amalgamation of Batliboi SPM Pvt. Ltd (SPM) with the Company. The company has now informed the Exchange that: "The Share Exchange Ratio in the said letter was stated wrongly due to typographical error as : 1 (One) Batliboi Equity Shares of Rs 10/- each against 21 (Twenty one) SPM Equity Shares of Rs 100/- each. The Correct Exchange Ratio is as under : 21 (Twenty one) Batliboi Equity Shares of Rs 10/- each against 1(one) SPM Equity Share of RS 100/- each".

Aurobindo Pharma Ltd has informed the Exchange that "The equity shareholders of the Company at their Court Convened Meeting held on February 20, 2007, have approved the Scheme of Arrangement ("the Scheme") for the merger of APL Life Sciences Ltd ("APL Life") and Senor Organics Pvt Ltd ("Senor"), both being wholly owned subsidiaries of the Company, with itself and the utilization of the Securities Premium account pursuant to the provision of Sections 391 to 394 read with Sections 78 and Sections 100 to 103 and other applicable provisions of the Companies Act, 1956 with the requisite majority. T

Saregama India Limited has informed the Exchange on February 19, 2007 that "The Board of Directors of the Company at its meeting held today has approved the amalgamation of Saregama Films Limited (SFL) with the Company with effect from 31st March 2007. SFL is a wholly owned subsidiary of the Company and is engaged in the business of production and distribution of films and also production and exhibition of Television Software in regional languages. The amalgamation is subject to the approval of the shareholders of both the companies and the sanction by the Honble High Court at Calcutta under S

India Infoline Limited has informed the Exchange that: "The Company has received the order of Hon'ble High Court, Mumbai dated January 12, 2007, approving merger of India Infoline Securities Private Limited (a wholly owned subsidiary) with the Company, effective April 1, 2006. The order has also been duly filed with Registrar of Companies, Mumbai".

Global Broadcast News Limited has informed the Exchange that: "The following officials of the Company have informed that they have sold the Equity Shares of the Company during the period from February 8, 2007 to February 15, 2007 as per the details mentioned below: 1) Mr. Ajaya Chand, Designation - Cost Controller-Production, No. of Shares - 1500; 2) Mr. Hitesh Kumar Jain, Designation - Company Secretary, No. of Shares - 1050; 3) Mr. Gurdeep Singh Puri, Designation - General Manager-Finance, No. of Shares - 5500".

Gujarat Narmada Valley Fertilizer Co. Ltd. has informed the Exchange that "The Hon'ble High Court of Gujarat has sanctioned the Scheme of Amalgamation of Narmada Chematur Petrochemicals Ltd (NCPL) - the Subsidiary of the Company, with the Company (GNFC). A certified copy of the Order of the Hon'ble High Court of Gujarat sanctioning the Scheme of Amalgamation as aforesaid has been received by the Company on 9th February, 2007 and the same has been filed with the office of Registrar of Companies, Gujarat on 15th February, 2007. As such, the Amalgamation of NCPL with the Company has become effect

Narmada Chematur Petrochem Ltd has informed the Exchange that: "The Hon'ble High Court of Gujarat has sanctioned the Scheme of Amalgamation of the Company (NCPL) with its holding Company GNFC (Gujarat Narmada Valley Fertilizers Co. Ltd.). A certified copy of the Order of the Hon'ble High Court of Gujarat sanctioning the Scheme of Amalgamation as aforesaid has been received by the Company on 9th February, 2007 and the same has been filed with the office of Registrar of Companies, Gujarat on 15th February, 2007. As such, the Amalgamation of the Company with GNFC has become effective from the sai

Marksans Pharma Limited has informed the Exchange that "Hon. High Court, Mumbai, has ordered Amalgamation of Mark Remedies Limited (a 100 % Subsidiary of Marksans Pharma Limited) with Marksans Pharma Limited".

Tata Steel Limited has informed the Exchange that: "Tata Steel UK Limited, indirect wholly owned subsidiary of the Company has acquired 7,136,094 of equity share capital of Corus Group Plc, UK at 601.75 pence per share on 14th February 2007. With the above purchase, Tata Steel UK holds 207,092,046 (21.9%) equity share capital of Corus Group Plc, UK".

The scheme of arrangement as finalised will be separately filed with the Stock Exchanges as per the provisions of the clause 24 of the Listing Agreement. Separately the Board noted the proposal for the acquisition of equity shares of Indiabulls Housing Finance Limited ("IHFL") held by minority investors to make IHFL a 100% subsidiary of the Company. The board has authorized a special committee to negotiate and finalize the terms and conditions on which the Company could acquire the equity shares of IHFL".

Indiabulls Financial Services Limited has informed the Exchange that "a meeting of the Board of Directors of Indiabulls Financial Services Limited (the "Company") was held today (i.e February 15, 2007), at which the proposal to restructure the business of the Company was considered and approved. This proposal is sought to be implemented in terms of a composite scheme of arrangement under the provisions of Sections 391-394 of the Companies Act, 1956 which will provide for: (i) the amalgamation of Indiabulls Credit Services Limited ("ICSL') with the Company in consideration for which the Company

Magma Leasing Limited has informed the Exchange that "The Hon'ble High Court at Calcutta has vide its Order dated 12th February, 2007 has approved the Scheme of Amalgamation between Magma Leasing Limited and Shrachi Infrastructure Finance Limited".

Gitanjali Gems Limited has informed the Exchange that "in line with the management's perception on expansion and further acquisition, the Company has purchased a majority interest in Tri-Star Worldwide LLC. Tri-Star Worldwide LLC is a BHP Billiton direct customer and a CANADMARK licensee. It's a manufacturer and global distributor of canadia� brand diamonds and diamond jewelry. Partnering with Tri-Star will provide Gitanjali with an opportunity to be a part of the finest "Mined in Canada" branded offering available to the market today. Tri-star Worldwide LLC was founded by Beny Sofer & Sons, L

Media Video Ltd. has informed the Exchange that "Media Publicity India Private Limited, Registered Office at B-86/1, Okhla Industrial Area, Phase-II, New Delhi-110020 has sold 2,50,100 Equity Shares of Media Video Limited and Media Magnetic Cassettes Private Limited, Registered Office at S-284, Basement, Greater Kailash-II, New Delhi-110048 has purchased 2,50,100 Equity Shares of Media Video Limited through open market on 22/01/2007."

Coromandel Fertilisers Ltd. has informed the Exchange that "At the Meeting of the Equity Shareholders of Coromandel Fertiliser Limited held on February 07, 2007 pursuant to the Order of the High Court of Judicature of Andhra Pradesh at Hyderabad dated December 20, 2006, the shareholders have approved, by a requisite majority, the Scheme of Amalgamation of Ficom Organics Limited and Rasilah Investments Limited with Coromandel Fertilisers Limited".

Greaves Cotton Limited has informed the Exchange that: "The Company has decided to acquire a 100% stake in Bukh-Farymann Diesel GmbH (Bukh-Farymann) at an Enterprise Value of approximately Euro 4.24 million (Euro Four million Two Hundred and forty thousand only), which includes existing Debt of approximately Euro 1.59 million. This acquisition will be made through a wholly owned Subsidiary i.e. Greaves Cotton Netherlands B.V., incorporated recently. Bukh-Farymann is a profit making Company and engaged in the manufacture and marketing of Farymann diesel engines and components thereof. This acqi

Ghcl Limited has informed the Exchange that "GHCL�s step down subsidiary Best Textiles International Limited in USA has acquired assets of "Best Manufacturing Group LLC (BEST)" having an annual turnover of US Dollar 160 million for a consideration of US Dollar 35 million. BEST is the leading manufacturer and distributor of Home Textiles and certain related items for the Hospitality and Healthcare sector in USA. With this acquisition GHCL has become first global textile Company which owns end to end value chain serving Home Textile customers across the spectrum. Dan River Inc. serves the retail

Thermax Ltd has informed the Exchange on February 09, 2007 that: "The Hon'ble High Court of Judicature at Bombay has passed Orders on 12th January, 2007 approving the Scheme of amalgamation of TCGL (Thermax Co-gen Ltd.), TEL (Thermax Electronics Ltd.) and WGL (Winman Gas Ltd.), with the Company. Pursuant to the Orders issued on 31st January, 2007, TCGL, TEL and WGL the wholly owned subsidiaries stood amalgamated with the Company in accordance with the Scheme of Amalgamation with effect the Appointed Date i.e. from 1st April, 2006. The Company has filed aforesaid Orders with the Registrar of Co

Revathi Equipment Limited has informed the Exchange that "Our company has acquired 40% stake in the equity share capital of M/s Potential Service Consultants Private Ltd, Bangalore, a company providing Engineering design solutions in the field of construction industry, for a consideration of Rs 30,00,00,360/- (Rs.Thirty crores and three hundred and sixty). The company has also agreed to acquire another 11% of Equity of Potential Service Consultants Private Ltd. on pre agreed basis of valuation on 31st July 2009."

Suzlon Energy Limited has informed the Exchange that "at a meeting of the Board of Directors (the "Board") held on 9th February 2007, the Board has approved the following: (1) The acquisition of up to 100% shareholding of REpower Systems AG, Germany, a company engaged in the business of design, development, manufacturing and supply of wind turbine generators and a stock corporation listed on Frankfurt Stock Exchange through a voluntary public tender offer through one or more of its overseas subsidiary companies and / or one or more of its overseas step-down subsidiary companies, jointly with M

Tata Steel Limited has informed the Exchange on January 31, 2007 that further to the Company's letter of even date on acquisition of Corus Group Plc, the Board of Corus Group Plc, UK at its meeting held on January 31, 2007 has recommended to its shareholders the revised acquisition by the Company. The announcement in respect of the recommended revised acquisition released in London 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/Tatasteel_Acq_07022007

Gati Limited has informed the Exchange that "The Hon'ble High Court of Andhra Pradesh, Hyderabad has approved March 07, 2007 as the date for Shareholders Meeting for approving the proposed Scheme of Arrangement".

Jb Chemicals & Pharmaceuticals Ltd. has informed the Exchange that "the final hearing of the Company Petition filed by J. B. Chemicals & Pharmaceuticals Ltd. for seeking sanction of the Scheme of Amalgamation was held on 2nd February, 2007. At the said hearing the Hon'ble High Court of Judicature of Bombay at Mumbai has sanctioned the Scheme of Amalgamation of Lekar Healthcare Ltd. with J. B. Chemicals & Pharmaceuticals Ltd".

Tata Steel Limited has informed the Exchange that "Tata Steel UK Limited, indirect wholly owned subsidiary of the Company has acquired 199,955,952 i.e. 21.1% of equity share capital of Corus Group Plc, UK at 608 pence per share on 31st January 2007".

Vip Industries Ltd. has informed the Exchange that: "Tuesday, February 27, 2007 has been fixed as the Record Date for determining the shareholders of Blow Plast Limited who shall be entitled to the equity shares of V.I.P. Industries Limited as per the Scheme of Amalgamation and Arrangement between V.I.P. Industries Limited and Blow Plast Limited".

Dic India Limited has informed the Exchange that "the Board of Directors in its meeting held on 6th February 2007 has given approval to the merger of Rohit (Printing Inks & Paints) Industries Private Limited with itself, subject to necessary approval as laid down in the Companies Act, 1956 and other applicable laws and regulations. It may be noted Rohit (Printing Inks & Paints) Industries Private Limited is a wholly owned subsidiary of DIC India Ltd. The Company has ceased to do business. In view of the same and for better synergies, the Board decided it desirable and expedient to merge the Co

S. Kumars Nationwide Ltd has informed the Exchange that "The Board of Directors met on 03.02.2007 and have approved the Scheme of Arrangement for the Demerger of the company's retail business, subject to the required approvals and regulatory process. The Board have also approved swap ratio of one fully paid up equity share of the resulting company for every five equity shares held in SKNL."

Vip Industries Ltd. has informed the Exchange that "the company has filed the Order of Hon'ble High Court of Judicature of Bombay at Mumbai, with the Office of the Registrar of Companies, Maharashtra, on February 1, 2007. As per the terms of the Scheme of Amalgamation and Arrangement between the Company and Blow Plast Limited, the Effective Date is therefore February 1, 2007. We further wish to inform that Blow Plast Limited has also filed the Order of Hon'ble High Court of Judicature of Bombay at Mumbai with the Office of the Registrar of Companies, Maharashtra, on February 1, 2007. According

Kojam Fininvest Limited has informed the Exchange on January 31, 2007 that "The board of Directors of the Company at its meeting held today has considered and approved the following proposal : (a) Amalgamation of Kojam Fininvest Limited ("KFL" or "the Company") with Gujarat Glass Private Limited (being converted into a public limited company)('GGL') which is an unlisted subsidiary of the Company, pursuant to Section 391-394 of the Companies Act, 1956. (b) The Appointed Date for the merger will be April 1, 2007. (c) The share exchange ratio of 0.9317 equity share of Rs. 10/- of GGL for 1 (One)

Keynote Corp. Serv. Ltd. has informed the Exchange that "(1) The Hon'ble High Court, Allahabad at the hearing held on 21st December, 2006, has approved the Scheme of Amalgamation ("Scheme") of Galaxy Leasings Ltd., (one of the transferor company) with the Company. (2) A petition Under Section 391 to 394 of the Companies Act, 1956 for confirmation of a Scheme of Amalgamation ("Scheme") of Cobal Investment Company Limited, West Coast Lighterage Company Private Limited, Starline Ispat and Alloys Limited, Galaxy Leasings Limited, Keynote Finstock Limited, Plethora Investments Company Limited with

Micro Inks Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on January 31,2007 it has approved acquisition of 100% equity capital and preferred stocks in Hostmann Steinberg USA (HST) from MHM Holding GmbH, Germany, a holding Company of the Company for a total consideration of US $4 million, through Micro Inks GmbH, Austria, a wholly owned subsidiary of the Company, effective January 01, 2007. Micro Inks Ltd India will provide necessary funding for the above acquisition by investing an amount not exceeding US $ 4.05 million by way of equity in

Tata Steel Limited has informed the Exchange on January 31, 2007 that "On 20th October 2006, the Company announced a cash offer of 455 pence per share for Corus Group Plc. (Corus), valuing it at GBP 4.3 billion. Further, on 11th December 2006, the Company announced the terms of a revised offer for Corus at 500 pence per share, valuing it at GBP 4.7 billion. On conclusion of the auction process conducted by the UK Takeover Panel today for the acquisition of Corus, the Company has agreed the terms of an increased acquisition (the Revised Acquisition), at a price of 608 pence per share in cash fo

Southern Petrochemicals Industries Corporation Ltd. had informed the Exchange that the Board of Directors of the Company have approved (1) the Scheme of Amalgamation of Tuticorin Alkali Chemicals and Fertilisers Limited with the Company, and (2) the Scheme of Amalgamation of SPIC Holdings and Investments Limited, SPIC Biotechnologies Limited and Mitocon Biotec Limited with the Company, respectively, subject to requisite statutory and other approvals and the sanction of the Hon'ble High Court of Madras. The company has now informed the Exchange that: "(i) the Scheme of Amalgamation of SPIC Ho

Media Video Ltd. has informed the Exchange that " Board of Directors of the Company in its meeting held on today (i.e. January 25, 2007) has approved the Scheme of Arrangement which inter-alia includes- (i) De-merger of Real Estate Division of Media Video Limited into MVL Infrastructure Limited. (ii) Merger of Smart Buildwell Private Limited into MVL Infrastructure Limited. (iii) Merger of 5 Closely held Companies namely, Amigo Auto Private Limited, PAR Realters Private Limited, Anukool Realters Private Limited, Dendrobium Property Developers Private Limited and Media Publicity India Private L

Reliance Communications Limited has informed the Exchange that the Equity shareholders of Reliance Communications Limited at the Meeting convened as per the Order of the Hon'ble High Court of Judicature at Bombay on 27th January, 2007 have approved the Scheme of Arrangement of Reliance Communications Limited and Reliance Telecom Limited with Reliance Infrastructure Limited under Sections 391 to 394 of the Companies Act 1956 with the requisite majority, both in value and number.

Balrampur Chini Mills Ltd has informed the Exchange that "pursuant to the Share Purchase Agreement dated 18.08.2006 & the subsequent Open Offer to the shareholders of Indo Gulf Industries Ltd. (IGIL) as required under the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997, we have acquired a further 18.48% of the equity shares of IGIL on 27.01.07 after receipt of necessary RBI approvals & completion of necessary formalities. A further 6.33% of the equity share capital would be acquired after vacation of stay order of Hon'ble Delhi High Court".

Kojam Fininvest Limited has informed the Exchange that "promoters of our Company have acquired 34,60,000 Equity Shares representing 20% of total Equity Share Capital in Gujarat Glass Private Limited, a subsidiary of Kojam Fininvest Limited".

Aurobindo Pharma Ltd has informed the Exchange that the company had filed a company application with the Hon'ble High Court of Judicature of Andhra Pradesh at Hyderabad on January 03,2007. Subsequently, the Hon'ble High Court, by an order made on January 05,2007 (order received on January 18,2007) has directed that a meeting of the Equity Shareholders of the Company be convened and held on February 20,2007 for the purpose of considering, and if thought fit, approving with or without modification(s), the Scheme of Arrangement between Aurobindo Pharma Limited and APL Life Sciences Limited and Se

Archies Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on January 27, 2007 has considered and approved the following Business : Scheme of Amalgamation of Archies Online.com Limited a 100% wholly Owned Subsidiary of the Company, with the Company.

Remsons Industries Ltd has informed the Exchange that the Board of Directors in their meeting held on January 25,2007 has approved the sale of Pune Unit (entire Undertaking) to an identified Buyer on mutually agreed terms and conditions. The shareholders of the Company have already accorded their approval u/s 293 (1) (a) of the Companies Act, 1956 through Postal Ballots.

Novopan Industries Limited has informed the Exchange that: "Novopan Industries Limited, the market leader in Pre-laminated Particle Board industry has received the approval of Hon'ble High Court of Andhra Pradesh for its proposal to merge Particle Board Division of GVK Novopan Industries (P) Ltd., resin-manufacturing division of GVK Petrochemicals (P) Ltd., and Amalgamation of Novofurniture (P) Limited with itself. Novopan has received the certified copy of High Court Order and has filed the same with the Registrar of Companies, Andhra Pradesh, Hyderabad. The merger is effective from 1st April

Titan Industries Ltd. has informed the Exchange that at the Board Meeting held on January 25,2007 the proposal to merge three associate domestic companies viz., Samrat Holdings Ltd, Titan Holdings Ltd and Questar Investments Ltd (transferor companies) with Titan Industries Ltd (transferee company) was approved, subject to required statutory, shareholders and creditors consents. This would result in an issue (of about 1,60,000 equity shares) to the minority shareholders of the merging companies; the extinction of investments of about Rs. 23 crores; and receipt of cash / cash equivalent, assets

Pidilite Industries Ltd has informed the Exchange that "we have acquired on 24/01/2007, 75% of the Paid up Equity Capital of "Pagel Concrete Technologies Pvt Ltd". Pagel Concrete Technologies Pvt Ltd is an existing company incorporated in India in technical and financial collaboration with PAGEL SPEZIAL-BETON GMBH & CO. KG, GERMANY and engaged in the business of grouts and special mortars".

Visualsoft Technologies Limited has informed the Exchange on January 25, 2007 that: "The meeting convened by the Hon'ble High court of AP in respect of the scheme of amalgamation of Visualsoft Technologies limited with Megasoft Limited, was held today at Hotel Taj Residency, Road No-1, Banjara Hills, Hyderabad. The members attended at the meeting have approved the scheme of amalgamation, which was conducted by poll in pursuance of the directions of the Hon'ble High court of Andhra Pradesh".

Allsec Technologies Limited has informed the Exchange on January 25, 2007 "the following matters approved by the Board of Directors in their meeting held today: (1) Appointment of Mr. Shankar Narayanan Madhava Menon and Mr. Daniel D' Aniello the nominees of the Investor M/s. First Carlyle Ventures Mauritius as additional directors of the Company effective January 25, 2007. (2) Proposal of Merger of B2K Corp. Pvt Limited, a wholly owned subsidiary with the Company and the related Scheme of Amalgamation".

Asian Electronics Ltd has informed the Exchange that "The Scheme of Arrangement for takeover of lighting division of Asian Raymold Lighting Pvt. Ltd. (ARLPL) as going concern w.e.f. 1-4-2005 by Asian Electronics Limited has been approved by the Board of Directors of both the Companies subject to all requisite approvals".

The Oriental Insurance Company Limited has informed the Exchange that "we have sold 6,07,181 Equity Shares @ Rs 91/- per share (2.42% of the Equity capital) of Modi Ruber Ltd. in an Off Market deal along with other Financial Institutions to Shri V.K. Modi through his nominee M/s Kinborough Limited".

Teledata Informatics Limited has informed the Exchange that "in the Court convened meeting of the Shareholders held on 19th Jan 2007 at 10:30 AM, the Shareholders of the Company had approved the Composite scheme of Arrangement between Teledata Informatics Ltd, Teledata Marine Solutions Ltd, Teledata Technology Solutions Limited & Sirius Shipping company 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/teledata_Not_24

Indoco Remedies Limited has informed the Exchange on January 24,2007 that: "At the meeting of Board of Directors of the Company held today, the following were approved: a) The unaudited financial results of the Company for the quarter ended 31.12.2006 were approved and taken on record by the Board of Directors. b) The amalgamation of the 100% subsidiary of the Company, viz. La Nova Chem (India) Pvt. Ltd., with the Company was approved. The Board also approved the Scheme of Amalgamation for that purpose. c) The acquisition of the pharmaceutical business of SPA Pharmaceuticals Pvt. Ltd., by lega

Accel Frontline Limited has informed the Exchange that: "The Company has planned for acquisition of the Banking Solution Division of Telesis Global Solutions 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/Accelfrontline_PR_23012007.zip target=NEW> For more details click here.</a>