Corporate announcements

Coromandel Fertilisers Ltd. has informed the Exchange that: "The Board of Directors at the meeting held today (23/1/2007), approved the acquisition of 8001000 equity shares of Godavari Fertilisers and Chemicals Limited (GFCL) held by Indian Farmers Fertiliser Co-Operative Limited (IFFCO) representing 25% of equity of GFCL at a price of Rs.150/- per shae. The Board also approved to make a public announcement to the Shareholders of GFCL for acquiring upto 20% of equity shares of GFCL, pursuant to the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 at such price determine

Shree Precoated Steels Limited has informed the Exchange that: "The Board of Directors of the Company at its Meeting held on 22nd January, 2007 has unanimously approved the Scheme of Amalgamation of "M/s Anik Development Corporation Private Limited" with the Company subject to approval of Stock Exchanges, ROC, Shareholders, Creditors & High Court of Mumbai pursuant to section 391 to 395 of the Companies Act, 1956".

Shriram Transport Finance Co. Ltd. has informed the Exchange that: "Intimation be and is hereby given that 9th February 2007 to be considered as the Record Date for the purpose of Payment of Dividend and for the Allotment of shares to the Shareholders of Shriram Overseas Finance Limited (SOFL), consequent to its merger with the Company vide High Court Order dated 1st December 2006 of the High Court of Judicature at Madras, w.e.f. 1st April 2005 as the Appointed Date of Merger. Therefore, kindly note that - 1) As per the sanctioned scheme of Amalgamation, as referred above, the SOFL shareholder

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".

Nahar Spinning Mills Ltd. has informed the Exchange that " as per the Order dated 21st Dec., 2006 passed by the Hon'ble Punjab & Haryana High Court in respect of publication, the company has already published the notice as approved by the Court Secretary in the News papers on 12th January, 2007. A Copy of the notice 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/Naharspi_Not_19012007.zip target=NEW> For more details click here.</a>

Consequently, VisualSoft Technologies Limited, the transferor company will not consider the quarterly results for the period ended December 31, 2006."

Visualsoft Technologies Limited has informed the Exchange that "This has reference to the proposed scheme of amalgamation with Megasoft Limited, which was duly approved by the Board of Directors of the respective companies at the meeting held on September 30, 2006. As per the scheme of amalgamation approved by the respective Boards, the Appointed date is 1st Day of October 2006. As per the scheme, with effect from the Appointed Date and up to and including the Effective Date, VisualSoft Technologies Limited shall carry on its business activities with reasonable diligence and business prudence

Ranbaxy Laboratories Ltd has informed the Exchange that: "The Board of Directors at its meeting held today i.e. January 18, 2007 has approved the following : 1) Unaudited Financial Results (Provisional) for the fourth quarter and year ended December 31, 2006. 2) Appointment of Mr. Atul Sobti, Chief Operating Officer as a Whole-time Director on the Board of Company. 3) Acquisition of a strategic stake of 14.9% in Krebs Biochemicals and Industries Ltd, Hyderabad".

Anant Raj Industries Limited has informed the Exchange on January 18, 2007 that: "The Board of Directors in their meeting held today has approved and adopted the Scheme of arrangement among the group companies which was proposed in the meeting of the Board of Directors held on 27th November, 2006, thereby consolidating the business of these companies. As per the scheme the construction and development business of AnantRaj Agnecies Pvt Ltd will be demerged and be merged with the AnantRaj Industries Ltd along with the following group companies:- 1) West Land Buildtech Private Limited; 2) Victor

Thomas Cook (India) Ltd has informed the Exchange that "pursuant to the Company Petitions filed on behalf of LKP Forex Limited ("Transferor Company") and Thomas Cook (India) Limited ("Transferee Company") to obtain sanction of the Hon'ble High Court of Judicature at Bombay ("the High Court") to the arrangement embodied in the Scheme of Amalgamation ("Scheme") between the Transferor and Transferee Companies and their respective members for the amalgamation of the Transferor Company with the Transferee Company with effect from April 1, 2006, the Hon'ble High Court was pleased to grant sanction

Magma Leasing Limited has informed the Exchange that "the outcome of the meeting of the Equity Shareholders of the Company held on 29/12/2006 at 3.30 p.m., wherein the matter of approval of the Scheme of Amalgamation of Shrachi Infrastructure Finance Limited with Magma Leasing Limited, being Annexure - E in Company Application No. 622 of 2006, was considered by the shareholders through voting on resolution by poll. The result of the poll has been that the equity shareholders of the Company have unanimously approved the Scheme of Amalgamation of Shrachi Infrastructure Finance Limited with Magma

Tata Steel Limited has informed the Exchange that: "The Company has entered into the Definitive Agreement to acquire 100% equity stake in Rawmet Ferrous Industries Private Limited (Rawmet), at an enterprise value of Rs. 101 crores, out of which Rs.41.31 crores is towards equity of Rawmet. The Company expects this transaction to be completed by end of February 2007".

Nahar Exports Ltd has informed the Exchange that: "The Hon'ble Punjab & Haryana High Court at Chandigarh vide its Order dated 21st Dec., 2006 has sanctioned the Scheme of Demerger and Arrangement between Nahar Spinning Mills Limited and Nahar Exports Limited. The appointed date of the said demerger and arrangement as approved by the Hon'ble High Court is 1st day of April, 2006. Further we would like to inform you that as per the Scheme of Demerger and Arrangement sanctioned by the Hon'ble High Court, upon demerger and transfer of textile undertaking of Nahar Exports Limited to Nahar Spinning M

Mawana Sugars Limited has informed the Exchange that " the Board of Directors of the Company has in it meeting held on 11th January, 2007 given its approval to the amalgamation of Mawana Sugars Limited with Siel Limited".

Nahar Spinning Mills Ltd. has submitted to the Exchange a copy of the Rationale for the Demerger of Investment Business of NSML (Nahar Spinning Mills Ltd.). The details of the same shall be available on the NSE website (http://www.nseindia. com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Naharspinning_15112007.zip target=NEW> For more details click here.</a>

Vip Industries Ltd. has informed the Exchange that "(1) The final hearing in respect of the Company Petition filed by the Company for seeking sanction of the subject Scheme was held on 12th January, 2007. At the said hearing the Hon�ble High Court of Judicature of Bombay at Mumbai has sanctioned the Scheme of Amalgamation and Arrangement between Blow Plast Ltd and V.I.P. Industries Ltd. pursuant to which, inter-alia Blow Plast Ltd. would be amalgamated with V.I.P. Industries Ltd. (2) Under the Scheme one equity share of V.I.P. Industries Ltd. would be issued and allotted against every one equi

Blow Plast Ltd has informed the Exchange that: "(1) The final hearing in respect of the Company Petition filed by the Company for seeking sanction of the subject Scheme was held on 12th January, 2007. At the said hearing the Hon�ble High Court of Judicature of Bombay at Mumbai has sanctioned the Scheme of Amalgamation and Arrangement between Blow Plast Ltd and V.I.P. Industries Ltd. pursuant to which, inter-alia Blow Plast Ltd. would be amalgamated with V.I.P. Industries Ltd. (2) Under the Scheme one equity share of V.I.P. Industries Ltd. would be issued and allotted against every one equity s

S. Kumars Nationwide Ltd had informed the Exchange that a Committee had been formed by the Board of Directors to examine the proposal to demerge the company's retail business. The company has now informed the Exchange on January 12,2007 that: "The Board at its meeting held today accepted the recommendations of the Committee to approve in principle the demerger of the retail busines subject to necessary authorizations. However, the Board sought certain clarifications including the finalization of the swap ratio, and therefore deferred the final approval of the Scheme of Arrangement for the dem

Action Construction Equipment Limited has informed the Exchange that "In the Meeting held on 11th Jan, 2007, the Board has approved acquisition of 74% stake in a Romanian Company, thru our Cypursian wholly owned subsidiary (WOS), M/s. FRESTED Limited, for a total cost of 2.15 Million USD. Besides this, the Company will also invest to the extent of 0.45 M USD in the Romanian Company."

Zee Telefilms Ltd has informed the Exchange on January 12,2007 that: "The Hon'ble High Court of Bombay, has today, approved the Scheme of Arrangement between Zee Telefilms Ltd, Siti Cable Network Ltd, New Era Entertainment Network Ltd, ASC Enterprises Ltd and their respective shareholders, for the De-merger of Direct Consumer Services Business Undertaking of the Company in favour of ASC Enterprises Ltd and merger of Siti Cable Network Ltd and New Era Entertainment Network Ltd, wholly owned subsidiaries of the Company, with ASC Enterprises Limited; The said Scheme of Arrangement was earlier app

Fiem Industries Limited has informed the Exchange that: "The Company has acquired a new Industrial Plot measuring aroung 7 (seven) Acres in Phase V, Industrial Estate, Rai, Sonepat, Haryana for future expansion plans of the Company".

B.A.G. Films Limited has informed the Exchange on January 11,2007 that: "The management of B.A.G. Films Ltd. has informed today that IDBI has picked up 10% Equity Shares at par in B.A.G. Infotainment Pvt. Ltd., a subsidiary of B.A.G. Films Ltd. B.A.G. Infotainment Pvt. Ltd. has ventured into FM Radio business and has already obtained licenses for 10 FM stations across the states of Himachal Pradesh, Punjab, Haryana, Madhya Pradesh, Maharashtra, Bihar and Jharkhand".

Gabriel India Ltd has informed the Exchange that: : "The Equity Shareholders of Gabriel India Limited at the Meeting convened as per the Order of the Hon'ble High Court of Judicature at Bombay, held on Wednesday, January 10, 2007 at Gabriel India Limited, 29th Milestone, Pune-Nashik Highway, Village Kuruli, Taluka Khed, District Pune, Maharashtra-410501 have approved with requisite majority the Scheme of Arrangement & Restructuring between Gabriel India Limited and Anand Engine Components Limited under section 391 & 394 of the Companies Act 1956".

Punjab National Bank has informed the Exchange that : �Documents have been signed today for sale of 5% equity each in NSE to four strategic investors (totalling 20%) namely GA Global, New York Stock Exchange, Goldman Sachs and SAIF Mauritius Co. Ltd by five financial institutions including PNB. PNB has executed the documents for sale of 1% equity held in NSE out of total holding of 1.11% (i.e. 4.50 lacs shares out of 5.00 lacs shares held) to the said four investors (0.25% each) for a consideration price of approximately Rs.2260/per share of face value of Rs.10/- each. The sale is subject to F

Aurionpro Solutions Limited has informed the Exchange that " subject to approval by the High Court of Judicature at Mumbai and any other requisite approvals, once the merger between Aurionpro Solutions Limited, the Company and Aurionpro Services Private Limited, the promoter Company becomes effective, there will be no further issue of shares leading to dilution of Equity of Aurionpro Solutions Limited, pursuant to the scheme of merger and amalgamation".

E.Merck (India) Ltd has informed the Exchange that: "As per the transaction Statement received from our Registrars Sharepro Services India Pvt. Ltd., Templeton Mutual Fund A/c Franklin India Prima Fund have acquired 401882 shares and their holding as of 22nd December, 2006 was 947175 shares i.e. 5.6% of the paid up capital of the Company. We have not received any communication from Templeton Mutual Fund in this regard".

Asian Hotels Ltd has informed the Exchange that "The Board of Directors of Asian Hotels Limited ( the ' Company'), a public company listed inter alia on National Stock Exchange, in its meeting held on 8th January, 2007, approved the Report on Restructing of the Company by M/s S.S. Kothari Mehta & Co., Chartered Accountants, and has accordingly decided to restructure the Company. In pursuance thereof and in the interests of the shareholders and creditors of the Company, the Board approved and authorized the formulation of a draft Scheme of Arrangement amongst the Company, its shareholders and c

Aurionpro Solutions Limited has informed the Exchange that: "The Board of Directors of the Company in their Board meeting held on Monday, the 8th day of January 2007 at the Registered office of the Company at 404, 4th Floor, Winchester, Hiranandani Business Park, Powai, Mumbai-76, has approved the merger of Aurionpro Services Private Limited, the promoter Company with Aurionpro Solutions Limited, the Company subject to the approval of the High Court of Judicature at Mumbai and any other requisite approvals".

Spentex Industries Ltd has informed the Exchange that "Hon'ble High Court, Delhi has approved the Scheme of Amalgamation filed by the Company under Section 391 read with Section 394 of the Companies Act, 1956 for amalgamation of Indorama Textiles Ltd (IRTL) with the Company. Pursuant to scheme of amalgamation the appointed date is 1st April, 2006 and accordingly the entire business and whole of undertaking of IRTL shall be merged with Company."

Indo Rama Textiles Limited has informed the Exchange that "Hon'ble High Court, Delhi has approved the Scheme of Amalgamation filed by the Company under Section 391 read with Section 394 of the Companies Act, 1956 for amalgamation of Indorama Textiles Ltd (IRTL) with Spentex Industries Ltd. (SIL). Pursuant to scheme of amalgamation the appointed date is 1st April, 2006 and accordingly the entire business and whole of undertaking of IRTL shall be merged with Spentex Industries Ltd."

Eih Limited has informed the Exchange regarding the Scheme of Arrangement for the transfer of The Oberoi Cecil, Shimla and Trident Hilton Bhubaneswar from EIH Limited to EIH Associated Hoteld Limited with Appointed Dated 1st April, 2006, that: "The Madras High. Court. and the Calcutta High Court have, now sanction the Scheme of Arrangement pursuant to Sections 391/394 of the Companies Act, 1956. As per Clause 13.4 of the sanctioned Scheme of Arrangement the scheme was conditional upon �the certified copies of the Orders of the Hon'ble High Court at Calcutta and the Hon�ble High Court of Judica

Inox Leisure Limited has informed the Exchange that "the Court Convened Meeting of the shareholders of Inox Leisure Limited was convened on Thursday, 4th January, 2007 at Royal Room, Hotel Surya Palace, Vadodara 390 005 at 3.00 p.m., pursuant to the order of High Court of Gujarat at Ahmedabad dated 1st December, 2006." Further the Company has informed that "the Scheme of Amalgamation has been approved by all the shareholders present at the meeting in person, through representative and/or by proxy, holding 4,05,27,517 equity shares of Rs. 10/- each".

Fiem Industries Limited has informed the Exchange that "in the Meeting of the Board of Directors of the Company held on 2nd January 2007 at 4.00 p.m. at 32 Mile Stone, G.T. Road, Kundli, Sonepat, Haryana, the Board of Directors of the company, inter alia, has considered and approved the Scheme of Amalgamation of FIEM Sung San (India) Limited into FIEM Industries Ltd., subject to necessary approvals under applicable laws, including approvals of the Hon'ble High Court of Delhi under section 391 to 394 of the Companies Act, 1956".

Magma Leasing Limited has informed the Exchange that " the Equity Shareholders of the Company had, in their meeting held today i.e. 29/12/2006 at 3.30 p.m., considered the matter of approval of the Scheme of Amalgamation of Shrachi Infrastructure Finance Limited with Magma Leasing Limited, being Annexure - E in Company Application No. 622 of 2006. The Shareholders have voted on the resolution through a poll. The Result of the poll will be announced subsequently".

Magma Leasing Limited has informed the Exchange that " the Preference Shareholders of the Company had, in their meeting held today i.e. 29/12/2006 at 4.30 p.m., considered the matter of approval of the Scheme of Amalgamation of Shrachi Infrastructure Finance Limited with Magma Leasing Limited, being Annexure - E in Company Application No. 622 of 2006. The Shareholders have voted on the resolution through a poll. The Result of the poll will be announced subsequently".

Nucleus Software Exports Limited has informed the Exchange that: "Mr.Arun Jain, an original promoter of the Company, who is no longer associated with the management of the Company has sold 4,000 shares, 0.02% of the paid up share capital of the Company, during the week ended December 22 ,2006. His post-transaction shareholding in the Company is 353,283 shares (2.19% of the paid up share capital of the Company)".

Indoco Remedies Limited has informed the Exchange that: "The Company is contemplating the amalgamation of its 100% subsidiary i.e. La Nova Chem (India) Pvt. Ltd., having an API manufacturing facility at Patalganga, with itself. Simultaneously, the Company is also contemplating the acquisition of the pharmaceutical business of its associate company, SPA Pharmaceutical Pvt. Ltd. through the legal demerger process. The Company is in the process of carrying out the required valuations, and expects to put up a proposal to the Board of Directors for their consideration".

(ii) Upon such allotment of shares, the paid up value of each existing equity share of Nahar Exports Limited shall stand reduced from Rs. 10/- (Ten) each to Rs. 3.50 per equity share which would be reorganised into the nominal value of Rs. 5/- per equity share, as per scheme. Thus every shareholders of Nahar Exports Limited holding 100 Fully paid up equity share of Rs. 10/- each on the record date, shall be entitled for 55 (Fifty-five) fully paid equity shares of Rs. 5/- (Five) each of Nahar Spinning Mills Limited (post investment business) and 70 Equity shares of Rs. 5/- each of Nahar Exports

Nahar Spinning Mills Ltd. has informed the Exchange that "the Hon'ble Punjab & Haryana High Court vide its Order dated December 21,2006 has sanctioned the Scheme of Demerger and Arrangement between Nahar Spinning Mills Limited and Nahar Exports Limited. The appointed date of the said demerger and arrangement as approved by the Hon'ble Court is 1st day of April, 2006. The company has further informed the Exchange that as per the Scheme of Demerger and Arrangement sanctioned by the Hon'ble High Court, upon demerger and transfer of investment business aggregating to Rs. 34576.54 lacs of Nahar Spi

Arvind Mills Ltd has informed the Exchange that: "The Hon'ble High Court of Gujarat at Ahmedabad by its Order dated 12th December, 2006 has sanctioned the Scheme of Arrangement for de-merger of Garment Business Division of Arvind Brands Limited and amalgamation of Arvind Fashions Limited with the Company and consequential Reduction and Restructuring of Share Capital of Arvind Brands Limited and the Company with effect from Appointed Date i.e. 1st April, 2006 filed under Sections 391 to 394 read with 78, 100 to 103 of the Companies Act, 1956. The Form No. 21 in respect of the above orders have

Sesa Goa Ltd. has informed the Exchange on December 22, 2006 that "the Board of Directors, at their meeting held today, have extended the validity of the Scheme of Amalgamation to 31st March, 2007 as the same expries on 31st December, 2006. The Transferor Company, i.e. Sesa Industries Limited, and Transferee Company, i.e. Sesa Goa Limited, have agreed for such extension in terms of Clause 27 of the Scheme of Amalgamation".

Mahindra & Mahindra Ltd. has informed the Exchange that "Mahindra & Mahindra Ltd. through its subsidiary(ies) has agreed to acquire 90.47% stake in Schoneweiss & Co. Gmbh., a leading company in the forgings sector in Germany. Schoneweiss is one of the top five axle beam manufactures in the world and specializes in suspension, power train and engine parts."

Ghcl Limited has informed the Exchange "That GHCL's step down subsidiary Dan River Inc. in USA has acquired assets of H W Baker Lenin Co. having a turnover of US Dollar 70 million through competitive bidding process for US Dollar 6.75 million. H W Baker Lenin Co. is a leading supplier of textile products covering sheets, Terry Lenins, Blankets, Pillows, Pillows cases etc. to leading hotels and motels. This acquisition will strengthen the existing position of Dan River Inc in the sales to Institutional segment of Home Textiles."

Balrampur Chini Mills Ltd has informed the Exchange that "pursuant to the Share Purchase Agreement dated 18th August, 2006 & the subsequent open offer to the shareholders of Indo Gulf Industries Limited, the Company has acquired 29.15% (including 26.42% under the Open Offer) of the equity shares of Indo Gulf Industries Limited after completion of necessary formalities as required under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. Further 24.81% of the equity share capital would be acquired after getting necssary approval from the RBI/vacation of stay order of H

Sangam (India) Ltd. has informed the Exchange that: "The appointed date of amalgamation is 01.04.2006".

Sangam (India) Ltd. has informed the Exchange that (1)The Form 21 and order of the Hon'ble High court of Rajasthan, Jodhpur have been filed with the Registrar of Companies on December 20, 2006.The amalgamation has now become effective from December 20, 2006. (2)Record date for the purpose of eligibility of SPBL Limited Equity Shareholders for the equity shares of Sangam (India) Limited in terms of Scheme of Amalgamation as per approved swap ratio of one share of Sangam (India) Limited (Transferee Company) for 4 shares of SPBL Limited (Transferor Company) has been fixed as 13th January, 2007, C

Batliboi Limited has informed the Exchange that The Board of Directors of the Company have approved the Scheme of Amalgamation of Batliboi SPM P. Ltd with the Company on. 14.12.2006 .The exchange Ratio of Shares would be as follows:1(one) Batliboi Equity Share of Rs.10/- each against 21 (twenty one) SPM Equity Shares of Rs.l00/- each."

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 largest integrated diamond and jewellery manufacturer and retailer, has acquired Samuels Jewelers Inc., the 10th largest jewelry chain in United States. The Company has acquired 97% stake in this specialty retailer, which operates 97 stores spread across 18 states with current revenues equivalent to Rs. 450 Crores. The acquisition is being financ

Indiabulls Financial Services Limited has informed the Exchange that: "Indiabulls Financial Services Limited (the "Company") has acquired 100% of the equity share capital of Noble Realtors Private Limited ("Noble Realtors"). Noble Realtors is a company incorporated under the Companies Act, 1956 which is engaged in the business of construction and development of real estate projects".

Binani Industries Limited has informed the Exchange that: "The Hon'ble High Court, Kolkata has approved the Scheme of Arrangement for swap of Company's Shares with the shares of Binani Cement Limited and Binani Zinc Limited as per the communication received from our solicitors".