Corporate announcements

Bombay Burmah Trading Corp. Ltd has informed the Exchange that: "AFCO Industrial & Chemicals Limited (AFCO) has made an acquisition of share capital of Electromags Automotive Products Private Limited ("EAPL") with effect from 1st December, 2006. AFCO is a wholly owned subsidiary of The Bombay Burmah Trading Corporation, Limited. Due to this acquisition, EAPL has become a subsidiary of AFCO and an indirect subsidary of The Bombay Burmah Trading Corporation, Limited. EAPL is a company incorporated under the Companies Act, 1956 having its registered office at Plot No.342-343, II Cross Street, Neh

Unichem Laboratories Ltd has informed the Exchange that: "Unichem Laboratories Limited has acquired the balance 40% stake in its Subsidiary, incorporated in United Kingdom, M/s. Niche Generics Limited, from group of Managers of the said Subsidiary. Prior to this acquisition, Unichem held 60% majority stake in the said Niche Generics Limited, the balance 40% stake being held by the said group of Managers. As a result of this acquisition, Niche Generics Limited has become wholly owned subsidiary of Unichem Laboratories Limited. The said Subsidiary, incorporated in United Kingdom, is engaged in t

Aurobindo Pharma Ltd has informed the Exchange that "The Board of Directors of Aurobindo Pharma Limited ("Aurobindo" or "the Company") at its meeting held on 15th December 2006 has considered and approved a Scheme of Arrangement ("the Scheme") for the merger of APL Life Sciences Limited ("APL Life") and Senor Organics Private Limited ("Senor"), both being wholly owned subsidiaries of the Company, with itself and utilization of the Securities Premium account, the appointed date of the Scheme of Arrangement is Aril 01, 2006. Upon the Scheme being effective, all the assets and liabilities of APL

Shriram Transport Finance Co. Ltd. has informed the Exchange that "the Scheme of Amalgamation of Shriram Overseas Finance Limited (SOFL) (transferor Company) with this Company (transferee Company), has been sanctioned and the Order thereof has been pronounced by the Hon'ble High Court of Judicature at Madras on 1st December, 2006. The Scheme of Amalgamation has fixed 1st April 2005 as the 'Appointed Date' for giving effect to the scheme, and consequently, Shriram Overseas Finance Limited has been dissolved without being wound up." "In the meanwhile, SOFL has obtained permission from the Regist

"Though, the Scheme of amalgamation as sanctioned by the Honorable High Court envisages that this Company shall fix a Record Date for determining the shareholders to whom the shares are to be allotted by this Company consequent to the Order, by way of good Corporate Governance Practice, the Company has invited all the shareholders of SOFL to attend the 27th Annual General Meeting of the Company to be held on 30th December, 2006 at Rani Seethai Hall, 603, Anna Salai, Chennai 600 006 at 11.00 A M, and has forwarded its 27th Annual Report to the shareholders of SOFL together with the Notice conve

Bank Of India has informed the Exchange that "the Bank has decided to acquire 76% share holding of M/s. P.T. Bank Swadesi Tbk., of Indonesia. Today, the bank has signed a conditional Sale Purchase Agreement for this purpose with the majority shareholders of M/s. P.T. Bank Swadesi Tbk. The acquisition will be completed after obtaining necessary approval / confirmations from Bank Indonesia and Capital Market Regulators, etc., in Indonesia."

Century Plyboards (India) Limited has informed the Exchange that: "In respect of the Scheme of Amalgamation of Shyam Century Ferrous Ltd. with the company, certified copies of orders received from the Hon'ble High Courts of judicature at Kolkata and Gauhati respectively have already been filed with the respective offices of the Registrar of Companies at Kolkata and Shillong. Accordingly the Scheme of Amalgamation has become effective. In accordance with the Scheme of Amalgamation, the appointed date is 1st April, 2005".

Gmr Industries Limited has informed the Exchange that "We thank you for according your "No Objection" for the proposed Scheme of Arrangement between Bharat Sugar Mills Limited, GMR Industries Limited, GMR Ferro Alloys & Industries Limited and their respective shareholders. We confirm that we have reveived "No objection Certificate" from all the three Stock Exchanges i.e. BSE, NSE and HSE ( copies enclosed). Further to the above, we have filed an application in the Hon'ble High Court of Andhra Pradesh on 6th December, 2006. As informed, the said Secheme of Arrangement comprises : Section A - de

Tata Steel Limited has informed the Exchange that "1. We refer to our letter dated 20th October, 2006 wherein Tata Steel had informed the stock exchanges that the Board of Directors at its meeting held on that day had approved acquisition of the entire issued share capital of Corus Group plc. (�Corus�)(�Acquisition�), at a price of 455 pence in cash for each share valuing corus at GBP 4.3 Million. 2. Tata Steel is pleased to announce that it has agreed to an increased recommended Acquisition (the �Revised Acquisition�) at a price of 500 pence in cash per Corus Share. 3. Under the terms of the

Sangam (India) Ltd. has informed the Exchange that "Hon'ble High Court of Rajasthan, vide its Order dated December 06, 2006 (certified copy of which is received today), has sanctioned the said Scheme of Amalgamation. Futher, a Meeting of the Board of Directors of the Company is fixed on December 15, 2006, to take on record the said order of the Hon'ble High Court and to decide the matter connected therewith".

Utv Software Communications Limited has informed the Exchange that "The Company (1) Has entered into an arrangement with Indiagames Limited and its promoters for acquisition of controlling equity stake in Indiagames Limited, a Mumbai based mobile and online gaming company for a consideration of around Rs. 68 crores. (2) Has entered into an arrangement with Ignition Entertainment Limited and its promoters for acquisition of controlling equity stake in Ignition Entertainment Limited, a UK based company involved in developing console games for a consideration of around Rs. 60 crores. (3) Has init

Indiabulls Financial Services Limited has informed the Exchange that "the Hon'ble High Court of Delhi at New Delhi has, vide order dated 6th December, 2006 sanctioned the Scheme of Arrangement between Indiabulls Financial Services Limited (the "Company"), Indiabulls Real Estate Limited and their respective shareholders and creditors for the demerger of the real estate undertaking of the Company to Indiabulls Real Estate Limited".

K Sera Sera Productions Limited has informed the Exchange that: "Our Company has entered into a shareholder's agreement with the Promoters of Lemon Entertainment Private Limited (Lemon) (Formerly known as Hamara Samay TV News Network Private Limited) for acquisition of 80% shareholding in Lemon subject to statutory approvals. On the transfer of shares under the aforesaid agreement, Lemon shall be a subsidiary of the Company. Lemon Entertainment Private Limited is running a TV channel by the name Lemon TV".

Flex Industries Ltd. has informed the Exchange that: "In order to issue new equity shares by Flex Industries Limited to the equity shareholders of Flex Engineering Limited and FCL Technologies & Products Limited, the Company (Flex Industries Limited) has fixed Friday the 22nd December 2006 as the 'Record Date' for the shareholders of Flex Engineering Limited and FCL Technologies & Products Limited".

Further, the company has submitted to the Exchange a copy of the rationale for the Scheme as detailed in the Scheme of Arrangement. 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/SCHM_FLEX_6122006.zip target=NEW> For more details click here.</a>

Flex Industries Ltd. has informed the Exchange that: "Flex Industries Limited (FIL) alongwith Flex Engineering Limited (FEL), FCL Technologies & Products Limited (FCL) and Flex Securities Limited (FSL - Unlisted company) had approached the Hon'ble Delhi High Court through a joint application seeking its approval to a Scheme of Arrangement inter-alia involving the following: 1) Amalgamation of Flex Securities Limited with Flex Engineering Limited; 2) Amalgamation of Flex Engineering Limited (post amalgamation of Flex Securities Limited with Flex Engineering Limited) and FCL Technologies & Produ

Further, Flex Industries Limited has submitted to the Exchange a copy of the rationale for the Scheme as detailed in the Scheme of Arrangement. 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/schm_FCL_6122006.zip target=NEW> For more details click here.</a>

Flex Industries Ltd. has informed the Exchange that: "Flex Industries Limited (FIL) alongwith Flex Engineering Limited (FEL), FCL Technologies & Products Limited (FCL) and Flex Securities Limited (FSL - Unlisted company) had approached the Hon'ble Delhi High Court through a joint application seeking its approval to a Scheme of Arrangement inter-alia involving the following: 1) Amalgamation of Flex Securities Limited with Flex Engineering Limited; 2) Amalgamation of Flex Engineering Limited (post amalgamation of Flex Securities Limited with Flex Engineering Limited) and FCL Technologies & Produ

Further, Flex Industries Limited has submitted to the Exchange a copy of the rationale for the Scheme as detailed in the Scheme of Arrangement. 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/SCHM_FELXEng_6122006.zip target=NEW> For more details click here.</a>

Flex Industries Ltd. has informed the Exchange that: "Flex Industries Limited (FIL) alongwith Flex Engineering Limited (FEL), FCL Technologies & Products Limited (FCL) and Flex Securities Limited (FSL - Unlisted company) had approached the Hon'ble Delhi High Court through a joint application seeking its approval to a Scheme of Arrangement inter-alia involving the following: 1) Amalgamation of Flex Securities Limited with Flex Engineering Limited; 2) Amalgamation of Flex Engineering Limited (post amalgamation of Flex Securities Limited with Flex Engineering Limited) and FCL Technologies & Produ

Kothari Petrochemicals Ltd has informed the Exchange that "the Hon'ble High court of madras has sanctioned the scheme of amalgamation of Primetra Technologies Private Limited with the Company on 10.11.2006. The Board of Directors at its meeting held on 05.12.2006 took note of the same".

Nagreeka Exports Ltd has informed the Exchange that the Honourable High Court at Calcutta has approved the scheme of arrangement.

India Infoline Limited has informed the Exchange that: "The company has entered into a Memorandum of Understanding with DSP Merrill Lynch Limited to sell off its shareholding in the subsidiary company, Khambhat Investment & Trading Company Private Limited subject to necessary approvals. Consequent to the above Khambhat Investment & Trading Company Private Limited, will cease to be the subsidiary of the Company".

Bsl Ltd has informed the Exchange that "As per order of Hon'ble High Court for Rajasthan at Jodhpur dated 22nd November, 2006 the meeting of shareholders, Secured Creditors and Unsecured Creditors will be held on 6th January, 2007 at Registered Office of the Company 26, Industrial Area, Gandhi Nagar, Post Box No- 17, Bhilwara, Rajasthan to consider and approve scheme of Arrangement for Amalgamation of subsidiary company M/s BSL Wulfing Limited with the Company subject to approval from Hon'ble High Court Jodhpur and other Government authorities. The schedule of the meeting will be as under:-

Opto Circuits (India) Limited has informed the Exchange that "The Company has signed a Letter of Intent to acquire a Medical Equipment Company in Europe. The Company designs and manufactures a wide range of balloon catheter assemblies and related products for coronary, renal and other applications. The acquisition is estimated at Rs. 72.00 crores and is subject to financial and legal due-diligence".

Pioneer Embroideries Limited has informed the Exchange that " The Hon'ble High Court of Bombay, at the hearing held on December 01, 2006, has approved the Scheme of Amalgamation of Royal Embroideries Private Limited (Group Company) and Grant Apparel Private Limited (Wholly-owned Subsidiary Company) with the Company."

Media Video Ltd. has informed the Exchange that "at the meeting of the Board of Directors held on today i.e 2nd December, 2006. at the registered office of the Company, the following decisions were taken:- (a) To demerge the Real Estate Division of the Company into MVL Infrastructure Limited. (b) To merge its 100% Subsidiary - Smart Buildwell Private Limited engaged in Real Estate Business into MVL Infrastructure Limited. (c) To merge Six Associate / Group / Promoter Companies, which are developing a Township in Yamuna Nagar, Haryana into MVL Infrastructure Limited. "

Williamson Magor & Co Ltd has informed the Exchange that the Board of Directors of the company has approved the acquisition of 15,20,000 Equity Shares of Rs.10/- each representing 72.38% of the Share Capital of The Moran Tea Company (India) Limited from Moran Holdings PLC at a price of Rs.273/- per Share aggregating to Rs.41,49,60,000/- and a non-compete fee of GBP 7,50,000 subject to necessary approvals. In this connection the Board of Directors of the Company at its Meeting held on December 01,2006 had approved making an Open Offer alongwith McLeod Russel India Limited and its associates to

Kansai Nerolac Paints Limited has informed the Exchange that at the Court convened meeting of equity shareholders of KNPL held on November 30,2006, the resolution for approval of the Scheme of Amalgamation of Polycoat Powders Limited with Kansai Nerolac Limited and their respective shareholders pursuant to Section 391-394 of the Companies Act, 1956 has been passed with the requisite majority. The said scheme of Amalgamation is subject to the sanction of the Hon'ble High Court of Judicature at Bombay.

Man Industries (India) Ltd. has informed the Exchange that the secured creditors and equity shareholders have approved the arrangement embodied in the scheme of demerger between Man Industries (India) Limited and Man Aluminium Limited at their respective Court Convened Meetings held on November 30, 2006.

Walchandnagar Industries Ltd has informed the Exchange that the company has sold off its shareholding in the subsidiary company, Walchand Tandur Cement Co. Ltd. Accordingly, Walchand Tandur Cement Co. Ltd. has ceased to be the subsidiary of the Company.

Century Plyboards (India) Limited has informed the Exchange that the Hon'ble High Court at Calcutta and Hon'ble Gauhati High Court have approved the Scheme of Amalgamation whereby Shyam Century Ferrous Ltd. will amalgamate with the Company with effect from the appointed date i.e. April 01,2005. However, the Company is yet to receive detailed orders from the said Hon'ble High Courts and file the same with the Registrar of Companies.

Aditya Birla Nuvo Limited has informed the Exchange that the Company has on November 29,2006 acquired, 82,50,000 equity shares of Birla NGK Insulators Pvt. Ltd. (BNIPL) from NGK Insulators Limited, Japan. Further, Laxminarayan Investment Limited, company's wholly owned subsidiary company has also on November 29,2006 acquired, 30,00,000 equity shares of BNIPL from NGK Insulators Limited, Japan and 10,00,000 equitys shares of BNIPL from Mitsubishi Corporation, Japan. On acqusition of the above shares, Birla NGK Insulators Pvt. Ltd., has become a subsidiary of the Company.

Indian Oil Corporation Ltd has informed the Exchange that the Board of Directors of the company in their meeting held on November 29, 2006 have approved the Scheme of Amalgamation for merger of Bongaigaon Refinery & Petrochemicals Ltd (BRPL) with Indian Oil Corporation Ltd. The Board of Directors have also recommended a swap ratio of 4:37 i.e. 4 (Four) equity shares of Rs.10/- each of Indian Oil Corporation Limited (�the Transferee Company�) as fully paid-up for every 37 (Thirty Seven) equity shares of Rs.10/- each of BRPL. (�the Transferor Company�). The above is, however, subject to the appr

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange that the Board of Directors of Company in their meeting held on November 29, 2006 at New Delhi have approved the Scheme of Amalgamation for merger of Bongaigaon Refinery & Petrochemicals Ltd (BRPL) with Indian Oil Corporation Ltd. The Board of Directors have also recommended a swap ratio of 4 : 37 i.e. four equity shares of Rs.10/- each of Indian Oil Corporation Limited ('the Transferee Company') as fully paid-up for every thirty-seven equity shares of Rs.10/- each of BRPL (the Transferor Company'). The above is, however, subje

Asian Paints Limited had informed the Exchange regarding Berger International Limited (BIL), an indirect subsidiary of the Company, executing a conditional Stock Purchase Agreement relating to the sale of 427,000 shares (representing the entire 30% share capital held by BIL), in the capital stock of Dutch Boy Philippines Inc. The company has now informed the Exchange that the said sale of shares has been completed on November 28,2006. With the disposal of the above shares, Dutch Boy Philippines, Inc., has ceased to be an associate company of BIL. The announcement made by BIL to the Singapore S

Varun Shipping Co. Ltd. has informed the Exchange that the Company has entered into a Memorandum of Agreement (MOA) for acquiring its third modern double hull 2006 built Aframax crude oil tanker. The vessel is scheduled to be delivered in January, 2007. With acquisition of this vessel, Varun will own a fleet of eighteen vessels. Acquisition of this vessel forms part of company's plan to invest upto Rs. 2000 crores for expansion of its fleet.

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 5,600 shares, 0.03% of the paid up share capital of the Company, during the week ended November 17,2006. His post-transaction shareholding in the Company is 357,283 shares (2.22% of the paid up share capital of the Company)".

Zee Telefilms Ltd has submitted to the exchange the salient features of Scheme of arrangement between Zee Telefilms Ltd, Zee News Ltd, Siti Cable Network Ltd, Wire and Wireless (India) Ltd and their respective shareholders, for De-merger of News Business undertaking of the Company in favour of Zee News Ltd and Cable Business undertakings of the Company and Siti Cable Network Ltd, a wholly owned subsidiary of the Company, in favour of Wire and Wireless (India) Ltd. Aforesaid scheme was approved by the Hon'ble High Court of Bombay on November 17, 2006 and became effective from November 22, 2006.

Ruchi Soya Industries Ltd. has informed the Exchange that the management of the Ruchi Group (the Group') has proposed consolidation of similar business of the Group. Accordingly, three Schemes of Arrangement and Amalgamation entailing consolidation of ten companies of the Group whereby the Soya Processing, Vegetable Oils & Fats and Food Businesses (other than dairy business) (SVF Business) carried on by eight companies of the Group was to be consolidated into the Company. The appointed date of all the three schemes is April 01, 2005. Two of the three Schemes were implemented on September 04, 2

Zee Telefilms Ltd had informed the Exchange regarding the approval of the Hon'ble High Court of Bombay for the Scheme of Arrangement between Zee Telefilms Limited, Zee News Limited, Siti Cable Network Limited, Wire and Wireless (India) Limited and their respective shareholders. The company has now informed the Exchange that upon filing the certified copy of the said Order of High Court of Bombay dated November 17,2006, with the Registrar of Companies, Maharashtra, Mumbai, the aforesaid Scheme of Arrangement has become effective from November 22,2006.

United Phosphorous Limited has informed the Exchange that the company (UPL) has acquired from Dow AgroSciences LLC, its global propanil herbicide business, marketed primarily as Stam� herbicide. 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/UnitedPhos_Ann_23112006.zip target=NEW> For more details click here.</a>

Ici India Ltd. has informed the Exchange that Board of Directors of ICI India Limited has approved on November 22, 2006, the sale of the Company�s share holding in its subsidiary Quest International India Limited to Givadun Group of Switzerland. 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/ICI_PR_22112006.zip target=NEW> For more details click here.</a>

Gateway Distriparks Limited has informed the Exchange that the BoDs of the Company at their meeting held on November 22, 2006 have considered and approved the acquisition of 50.10% of the total paid up equity capital of Snowman Frozen Foods Limited (�Snowman�), an unlisted public limited company for a net cash consideration of Rs. 48.12 crores (the �Investment�). 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/GDL_Inv_22112006.

Ruchi Soya Industries Ltd. has informed the Exchange that the shareholders of the Company, on January 25, 2006, had approved the following Schemes: (1) Composite Scheme of Arrangement and Amalgamation of Anik Industries Private Limited ('Anik') and General Foods Limited ('GFL') and Madhya Pradesh Glychem Industries Limited ('MPGIL') and Ruchi Health Foods Limited ('RHFL') and Ruchi Private Limited ('RPL') and Nutrela Marketing Private Limited ('NMPL') and Ruchi Soya Industries Limited ('RSIL') or 'the Company') and their respective shareholders, entailing the following: (a) Transfer of Soya Pr

Zee Telefilms Ltd has informed the Exchange that Hon�ble High Court of Bombay, has, at the hearing held on November 17, 2006, approved the Scheme of Arrangement between Zee Telefilms Ltd, Zee News Ltd, Siti Cable Network Ltd, Wire and Wireless (India) Ltd and their respective shareholders, for the proposed De-merger of News Business undertakings of the Company in favours of Zee news Ltd and Cable Business undertakings of the Company and Siti Cable Network Limited, a wholly owned subsidiary of the company, in favour of Wire and Wireless (India) Ltd. A press release in this regard dated Novembe

Eimco Elecon (India) Ltd. has informed the Exchange that wife of the Company's Managing Director, Mrs. Tarunaben P. Patel sold 3300 equity shares of Rs. 10/- each of the Company in the open market, out of her total holding of 3600 shares.

Godrej Consumer Products Limited has informed the Exchange that the bulk deal relating to sale of 22,50,000 shares by one of company's promoters viz. Godrej Industries Ltd on November 13,2006 is on account of inter se transfer amongst promoters. Post the above inter se transfer the total promoter shareholding remains the same viz. 154004148 shares of face value of Re.1 each (68.19%).

Mawana Sugars Limited has informed the Exchange that the Board of Directors of the Company has met on November 13,2006 to consider the amalgamation of the company and Siel Ltd. After detailed deliberation on the subject, the Board has concluded that it is agreeable in principle to the proposal of amalgamation of MSL (Mawana Sugars Limited) and Siel Ltd. However the Board would like to have additional information for its consideration before giving its final approval at another Board Meeting to be called shortly.

Noida Toll Bridge Company Ltd has informed the Exchange that the Company has filed the petition for the Scheme of Arrangement/Amalgamation under Sections 391-394 of the Companies Act, 1956 with the Hon'ble High Courts of Judicature at Allahabad and Delhi.