Corporate announcements
Every filing companies make on NSE, newest first. Category is assigned from NSE's own label; the PDF link opens the original on NSE.
- 13 Nov 2006 14:34ZEELM&A
Zee Telefilms Ltd has informed the Exchange that the Board of Directors of the Company in the meeting held on November 13, 2006 have approved acquisition of controlling stake in "Ten Sports" channel, which is owned by M/s. Taj TV Ltd., Mauritius. The said acquisition will be done in two a parts as detailed hereunder:- (i) Zee Sports International Ltd., Mauritius, a wholly owned subsidiary of M/s. Asia Today Ltd., Mauritius which is a wholly owned subsidiary of the Company shall acquire 50% stake in Taj TV Limited, Mauritius (with majority representation in the Board) which owns "TEN SPORTS", f
- 13 Nov 2006 12:433IINFOTECHM&A
3i Infotech Limited has informed the Exchange about the following acquisitions:- Professional Access (PA) :- 3i Infotech acquired 51% stake in PA with a right to acquire balance 49% over a period of time. Professional Access is a US based Company with offshore development centers in India specialized in the area of e-commerce. A press release in this regard dated November 13, 2006 titled "3i Infotech signs pact to acquire a strategic stake in Professional Access" shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server
- 09 Nov 2006 17:21CLASSICM&A
Classic Diamonds (India) Limited has informed the Exchange that the Board Meeting of the Company was held on November 09, 2006 where the following business was transacted :- (i) Scheme of Amalgamation of M/s. Purvi Diamonds Private Limited. (Transferor Co.) with M/s Classic Diamonds (India) Limited. (Transferee Co. ) was approved by the Board. (ii) The Proposal to raise funds for overseas acquisitions upto $100 million was approved by the Board. (iii) The Board approved the Proposal for Splitting of the shares of the Company from Rs. 10 per share to Rs. 2 per share.
- 09 Nov 2006 12:13WELENTM&A
Msk Projects (India) Limited has informed the Exchange that the High Court of Gujarat at Ahmedabad has approved the amalgamation of wholly owned subsidiary Companies viz. MSK Infrastructure & Toll Bridge Pvt. Ltd., MSK Highways Limited and Alpha Engicon Private Limited with the company vide its order dated November 02,2006.
- 09 Nov 2006 09:59TV18M&A
Television Eighteen India Ltd. has informed the Exchange that the restructuring scheme of the company was sanctioned by the Hon'ble High Court of Judicature at Delhi on July 20,2006. Pursuant to the said scheme, Network 18 Fincap Private Limited (previously known as SGA Finance and Management Services Private Limited) will become the Group holding company. To give effect to the Scheme, Mr.Raghav Bahl is to transfer 28,68,225 shares of Television Eighteen India Limited ("TV18") to the said holding company. Of these, as already intimated, the following share transfer have already been carried ou
- 08 Nov 2006 16:49TV18M&A
Television Eighteen India Ltd. has informed the Exchange regarding the steps undertaken / to be taken pursuant to the Scheme of Arrangement among the Company, Network 18 Fincap Limited (formerly known as SGA Finance & Mangement Services Private Limited) and SGA News 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/TV18_081106.zip target=NEW> For more details click here.</a>
- 08 Nov 2006 10:18PIONEEREMBM&A
Pioneer Embroideries Limited has informed the Exchange that the Board of Directors of the company, at their meeting held on November 07, 2006 have accorded in-principle approval for amalgamation of Crystal Lace (India) Limited with the Company subject to the approval of Hon'ble High Court, Shareholders and other authorities as may be necessary. The Amalgamation Committee as formed by the Board of Directors, shall inter alia, adopt and approve the Scheme of Amalgamation on behalf of the Board of Directors for amalgamation of Crystal Lace (India) Limited with the Company.
- 07 Nov 2006 09:44TV18M&A
Television Eighteen India Ltd. has informed the Exchange that the restructuring scheme of the company was sanctioned by the Hon'ble High Court of Judicature at Delhi on July 20, 2006. Pursuant to the said scheme, Network 18 Fincap Private Limited (previously known as SGA Finance and Management Services Private Limited) will become the Group holding company. To give effect to the Scheme, Mr. Raghav Bahl is to transfer 28,68,225 shares of Television Eighteen India Limited ("TV18") to the said holding company. Of these, as already intimated, the following share transfers have already been carried
- 06 Nov 2006 16:09UNITDSPRM&A
Mcdowell & Company Limited has informed the Exchange that pursuant to the Scheme sanctioned by the Hon'ble High Courts of Karnataka and Bombay, the Board of Directors of the Company, at their meeting held on November 06,2006, has allotted 34,010,521 Equity Shares of Rs.10 each fully paid up and 7,750,000 9% Non-Cumulative Non-Convertible Redeemable Preference Shares of Rs.10 each fully paid up, in terms of exchange ratios mentioned in the Scheme, as under: A) Equity Shares:- (a) Issue and Allotment of Equity Shares of Rs.10 each fully paid up, to the Equity Shareholders of: 1) Herbertsons Limi
- 06 Nov 2006 16:09UNITDSPRM&A
In terms of the Scheme, the equity shares of Phipson Distillery Limited, United Spirits Limited and McDowell International Brands Limited stood cancelled without any exchange of equity shares of the Company as the entire paid up equity share capital of these Companies were held either by the Company or one of the Transfereor Companies.
- 06 Nov 2006 12:48MANINDSM&A
Man Industries (India) Ltd. has informed the Exchange that (i) The Hon'ble High Court of Judicature at Bombay has directed a meeting of the secured creditors of the Company be convened and held on November 30, 2006 to consider and approve the Scheme of Demerger between Man Industries (India) Limited and Man Aluminium Limited. (ii) The Hon'ble High Court of Judicature at Bombay has directed a meeting of the equity share holders of the Company be convened and held on November 30, 2006 to consider and approve the Scheme of Demerger between Man Industries (India) Limited and Man Aluminium Limited.
- 06 Nov 2006 09:55SOLECTCENTM&A
Solectron Centum Electronics Limited has informed the Exchange that the Board of Directors at their Meeting held on November 04, 2006 have approved a scheme of demerger of services division into a new company with October 01, 2006 as the appointed date subject to the statutory and other regulatory approvals. The Company has also submitted a copy of media release in this regards titled "The Board of Solectron Centum Electronics Limited (SCEL) has approved scheme of demerger of the electronic manufacturing services division into a new company to be called Solectron EMS India Limited (SEIL)". The
- 06 Nov 2006 09:52KEYFINSERVM&A
Keynote Corp. Serv. Ltd. has informed the Exchange that the court convened Meeting of the Equity Shareholders of the Company held on November 03, 2006 has approved the Scheme of Amalgamation ("Scheme") of Cobal Investment Company Limited, West Coast Lighterage Company Private Limited, Starline Ispat and Alloys Limited, Galaxy Leasing Limited, Keynote Finstock Limited, Plethora Investments Company Limited with the company as per the notice convening the said Meeting sent to all the shareholders of the Company.
- 03 Nov 2006 19:17SAKHTISUGM&A
Sakthi Sugars Ltd. has informed the Exchange that the Company has on November 01, 2006 acquired the entire paid up capital (73,37,300 equity shares of Rs.10 each) of Tilan Sugar Limited (TSL), a Chennai based unlisted public limited company. By virtue of the acquisition, TSL has become a subsidiary of the Company. TSL does not have any production facility.
- 02 Nov 2006 17:58SATYAMCOMPM&A
Satyam Computer Services Ltd has informed the Exchange that pursuant to the Securities and Exchange Board of India (Insider Trading) (Amendment) Regulations, 2002 and the Company's Insider Trading Policy, the continual disclosures of sales received by the Company's Compliance Officer is as follows : 1)Name of the Employee - Mr. Pavan Kumar Maddali; No. of Equity Shares (Self) - 10,000. 2) Name of the Employee - Mr. Ravindra Penmatsa; No. of Equity Shares (Self) - 7,438.
- 02 Nov 2006 12:44VISUALSOFTM&A
Visualsoft Technologies Limited had informed the Exchange about the in-principle approval accorded by the Board of Directors for the amalgamation of VisualSoft Technologies Limited with Megasoft Limited on stock swap basis. The Company has now informed the Exchange that the Board at its meeting held on October 31, 2006 considered and approved the Scheme of Amalgamation and Entitlement Ratio Report submitted by M/s Price Waterhouse.The Entitlement ratio Report of M/s Price Waterhouse recommended swap ratio of 5:8 i.e five (Rs. 10/- each fully paid-up) equity shares of Megasoft for every Eight (
- 31 Oct 2006 20:14MARUTIM&A
Maruti Udyog Limited has informed the Exchange that the Hon'ble High Court of Delhi ('Court'), vide its order passed on October 10,2006, has kindly sanctioned the Scheme of Amalgamation of Maruti Suzuki Automobiles India Limited (MSAIL) with Maruti Udyog Limited (MUL) in toto.
- 31 Oct 2006 20:14TV18M&A
Television Eighteen India Ltd. has informed the Exchange that the restructuring scheme of the company was sanctioned by the Hon'ble High Court of Judicature at Delhi on July 20, 2006. Pursuant to the said scheme, Network 18 Fincap Private Limited (previously known as SGA Finance and Management Services Private Limited) will become the Group holding company. To give effect to the Scheme, Mr. Raghav Bahl is to transfer 28,68,225 shares of Television Eighteen India Limited ("TV18") to the said holding company. Of these, as already intimated, the following share transfers have already been carried
- 31 Oct 2006 14:52HINDUNILVRM&A
Hindustan Lever Ltd. has informed the Exchange regarding Notice of the Court Convened Meeting. The company has now informed the Exchange that Mr. S. R. Tata, a Practicing Chartered Accountant and Mr. P. D. Vora, a shareholder, scrutineers appointed for the aforesaid meetings, submitted their report on October 30, 2006 to the Chairman appointed by the Court and the results were announced to the shareholders on October 31, 2006. As per the said Report, the Resolutions were approved, as detailed hereunder : Court Convened Meeting (Approval of the Scheme of Arrangement for the demerger and transfe
- 31 Oct 2006 14:52HINDUNILVRM&A
Hindustan Lever Ltd. had informed the Exchange regarding Notice of the Court Convened Meeting. The company has now informed the Exchange that Mr. S. R. Tata, a Practicing Chartered Accountant and Mr. P. D. Vora, a shareholder, scrutineers appointed for the aforesaid meetings, submitted their report on October 30,2006 to the Chairman appointed by the Court and the results were announced to the shareholders on October 31,2006. As per the said Report, the Resolutions were approved, as detailed hereunder : Court Convened Meeting (Approval of the Scheme of Arrangement involving Amalgamation of Mode
- 30 Oct 2006 19:443IINFOTECHM&A
3i Infotech Limited had informed the Exchange regarding signing of an agreement to acquire Rhyme Systems Holdings Limited, UK. The company has now informed the Exchange that the company has now completed the acquisition of Rhyme Systems, UK, through company's UK subsidiary 3i Infotech (UK) Limited.
- 30 Oct 2006 16:44SUVENM&A
Suven Life Sciences Limited has informed the Exchange that the Hon'ble High Court of Andhra Pradesh has sanctioned the Scheme of Amalgamation between Asian Clinical Trials Limited and Suven Life Sciences Limited. The Board of Directors in their meeting held on October 30,2006 has taken on record the Orders of Hon'ble High Court and approved the notice convening the Extra-Ordinary General Meeting of the Company to be held on December 06,2006 for issue and allotment of equity shares pursuant to Scheme of Amalgamation between Asian Clinical Trials Limited (Transferor Company) and Suven Life Scien
- 30 Oct 2006 16:07TALBROAUTOM&A
Talbros Automotive Componets Limited has informed the Exchange that in High Court Convened meetings held on October 28, 2006, Members and Unsecured Creditors of the Company have approved Scheme of Arrangement pursuant to Section 391 to 394 of the Companies Act, 1956 inter-alia merging of XO Stamping Limited and IT Business of XO Infotech Limited into the company. The Members of XO Infotech Limited have also approved the aforesaid Scheme in their Court Convened Meeting held on October 29, 2006.
- 27 Oct 2006 18:35TV18M&A
Television Eighteen India Ltd. has informed the Exchange that the restructuring scheme of the company was sanctioned by the Hon'ble High Court of Judicature at Delhi on July 20, 2006. Pursuant to the said scheme, Network 18 Fincap Private Limited (previously known as SGA Finance and Management Services Private Limited) will become the Group holding company. To give effect to the Scheme, Mr. Raghav Bahl is to transfer 28,68,225 shares of Television Eighteen India Limited ("TV18") to the said holding company. Of these, as already intimated, the following share transfers have already been carried
- 26 Oct 2006 13:10JSWDULUXM&A
Ici India Ltd. has informed the Exchange that the Board of Directors of the Company in its meeting held on October 26, 2006 has :- 1) Recommended a proposal to merge the Company's subsidiary Quest International India Limited with the Company, subject to necessary approvals. 2) Approved the shifting of the registered office of the Company to a new premises within Kolkata city subject to completion of necessary formalities. The Company has further submitted a copy of the press release dated October 26, 2006, titled "Un-audited Financial Results for the quarter ended September 30, 2006". The deta
- 23 Oct 2006 14:26APOLLOHOSPM&A
Apollo Hospitals Enterprise Ltd has informed the Exchange that Apollo Hospitals Enterprise Ltd has received funds equivalent to INR 63.80 crores towards sale consideration of 52,030,000 equity shares held in Lanka Hospital Corporation Limited, Colombo, Sri Lanka.
- 23 Oct 2006 11:47TV18M&A
Television Eighteen India Ltd. has informed the Exchange that the restructuring scheme of the company was sanctioned by the Hon'ble High Court of Judicature at Delhi on July 20, 2006. Pursuant to the said scheme, Network 18 Fincap Private Limited (previously known as SGA Finance and Management Services Private Limited) will become the Group holding company. To give effect to the Scheme, Mr. Raghav Bahl is to transfer 28,68,225 shares of Television Eighteen India Limited ("TV18") to the said holding company. Of these, as already intimated, the following share transfer have already been carried
- 20 Oct 2006 13:20TATASTEELM&A
Tata Steel Limited has informed the Exchange that the Board of Directors at the Companay at its meeting held on October 20, 2006, has 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 billion. Corus is Europe's second largest steel producer with revenues in 2005 of GBP 9.2 billion, and crude steel production of 18.2 million tons primarily in U.K. and Netherlands. Corus is primarily engaged in the manufacture of semi-finished and finished carbon steel products. Its activ
- 20 Oct 2006 13:20TATASTEELM&A
Tate Steel has identified a number of specific benefits that it sees from a combination with Corus. Enhanced scale will position the combined group as the fifth largest steel company in the world by production, with a meaningful presence in both Europe and Asia. The powerful combination of low cost upstream production in India with the high end downstream processing facilities of Corus will improve the competitiveness of the European operations of Corus significantly, The combination will also allow the cross-fertilisation of research and development capabilities in the automotive, packaging a
- 19 Oct 2006 14:53EIDPARRYM&A
Eid Parry India Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on October 19, 2006 have approved, (subject to the approval of the shareholders and the High Court of Judicature at Madras) Amalgamation of Parry Nutraceuticals Limited (PNL), a 100% unlisted Subsidiary of EID Parry (India) Limited with EID Parry (India) Limited (EID) with effect from September 01, 2006 (being the Appointed Date). Since PNL is a 100% Subsidiary of EID, no shares will be issued by EID as consideration for the amalgamation.
- 18 Oct 2006 11:02COROMANDELM&A
Coromandel Fertilisers Ltd. has informed the Exchange that :- 1) The Board of Directors of the Company at the Meeting held on October 17, 2006 have approved, (subject to the approval of the shareholders and the high Court of Judicature at Andhra Pradesh and Mumbai), a Scheme of Amalgamation for merger of M/s Ficom Organics Limited (Ficom) and M/s Rasilah Investments Limited (a wholly owned subsidiary Company of Ficom) with the Company. 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
- 16 Oct 2006 15:21GESHIPPINGM&A
Great Eastern Shipping Co. Ltd. has informed the Exchange that the conditions stipulated under clause 35 of the Scheme of Arrangement being demerger (Scheme) of the offshore services business of The Great Eastern Shipping Company Limited (GE Shipping) into Great Offshore Limited to make the Scheme effective having complied with, the effective date of the Scheme shall be October 16, 2006. Accordingly the Scheme has become effective on October 16, 2006 and the transfer of assets and liabilities of the Offshore Business of G. E. Shipping shall stand vested pursuant to the provisions of the Scheme
- 16 Oct 2006 15:21GESHIPPINGM&A
and that such reduction shall be effected by reducing the paid up Equity share capital of GE Shipping by Rs.2/- per Equity share of Rs.10/- each. Consequently 5 Equity shares so reduced shall be consolidated into 4 Equity shares of Rs.10/- each. New shares of Great Offshore Limited and G. E. Shipping (as reduced) shall be allotted to the shareholders in respect of shares held in physical form to those members whose name appear on the Register of Members of the Company after giving effect to all valid share transfers lodged with the Company on or before the end of business hours on November 14,
- 13 Oct 2006 19:25IGSM&A
Igate Global Solutions Limited has informed the Exchange that the Board of Directors of the Company have on October 11, 2006 approved the Scheme of Amalgamation ('Scheme') of Igate Technology Services Pvt. Ltd. with the Company and have decided to proceed further on the procedural aspects connected thereto. A copy of the Board Resolution shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).<a href=/content/corporate/IGS_Res_13102006.zip target=NEW> For more details click here.</a>
- 12 Oct 2006 19:52INDHOTELM&A
Whilst the face value of the ordinary shares of the Company is currently Re. 10/- each, pursuant to the resolution passed by postal ballot dated September 21, 2006, the Members of the Company have approved the sub-division of the ordinary shares from a face value of Rs.10/- each to a face value of Re. 1/- each with effect from November 03, 2006, record date, determined by the Board of Directors of the Company. The sub-division of ordinary shares of the Company shall be completed prior to the effectiveness of the scheme. Accordingly, the share entitlement ratios on the Scheme becoming effectiv
- 12 Oct 2006 19:52INDHOTELM&A
act, instrument or deed, the entire sharecapital held by the company and Gateway Hotels and Gateways Resorts Ltd in Kuteeram Resorts Ltd shall stand cancelled upon the scheme of amalgamtion becoming effective. The above is subject to requisite approvals including those of Stock Exchanges under the Listing Agreement, shareholders, creditors, any regulatory authorities and sanction of the scheme of amalgamation in terms thereof by the High Court of Judicature at Bombay, the High Court of Bombay at Panaji and the High Court of Karnataka.
- 12 Oct 2006 19:52INDHOTELM&A
Indian Hotels Co. Ltd. has informed the Exchange that at the Meeting of the Board of Directors of The lndian Hotels Company Limited was held on October 12, 2006 , at which the proposal to amalgamate Indian Resort Hotels limited, Gateway Hotels And Getaway Resorts Limited, Kuteeram Resorts Private limited, Asia Pacific Hotels Limited and Taj Lands End Limited into The Indian Hotels Company Limited (IHCL or the Company) in terms of a scheme of amalgamation under section 391-394 of the Companies Act 1956 was considered and approved. The proposal provides that the merger will take effect from the
- 12 Oct 2006 17:18DCHLM&A
Deccan Chronicle Holdings Ltd. has informed the Exchange that the following persons belonging to the Promoter Group have sold shares of Deccan Chronicle Holdings Ltd. on October 12, 2006 in the price range of Rs.515 to Rs.520 per share as under :- Name of Promoter - T. Venkattram Reddy; No. of shares Sold in BSE - 6,00,000; No. of shares Sold in NSE - Nil; Total No. of shares sold - 6,00,000; Shares sold as % of Total No. of shares - 1.455%; Name of Promoter - T. Vinayak Ravi Reddy; No. of shares Sold in BSE - 3,00,000; No. of shares Sold in NSE - 3,00,000; Total No. of shares sold - 6,00,000;
- 12 Oct 2006 12:25MADRASFERTM&A
Madras Fertilizers Ltd has informed the Exchange that in the backdrop of various alternatives being studied by the Department of Fertilizers, Ministry of Chemicals & Fertilizers, Government of India including possibility of merger of Madras Fertlizers Limited with any other PSU / Cooperative Company, Rashtriya Chemicals and Fertilizers Limited is currently engaged in a fresh due diligence.
- 11 Oct 2006 09:57GEOMETRICM&A
Geometric Software Solutions Co. Limited has informed the Exchange that Geometric Software Solutions, Inc. USA, a wholly owned subsidiary of the Company has signed a definitive Agreement to acquire Engineering Services Division of Modern Engineering, USA. Further, the company has submitted to the Exchange a copy of the media release dated October 11,2006, titled "Geometric acquires engineering services division of Modern Engineering" & a copy of the Analysts' Presentation in this connection. The details of the media release & Analysts' Presentation shall be available on the NSE website (http:/
- 10 Oct 2006 15:48KKCLM&A
Kewal Kiran Clothing Limited has informed the Exchange that in line with the objects of the IPO, the Company has completed the acquisition of land admeasuring around 53,000 sq fts and building space admeasuring about 40,000 sq fts at Sommath Raod, Dabel, Daman UT. The new facilities are expected to commence commercial production in the March 2007 and September 2007 in two parts. The said new facilities would contribute an additional of 1.3 million garments stitching and finishing capacity per annum. This would be in addition to 0.7 million garment stitching and finishing capacity contributed b
- 10 Oct 2006 13:25SANWARIAM&A
Sanwaria Agro Oils Limited has informed the Exchange that the Company is going to acquire another Solvent Extraction Plant of 400 MT per day capacity in M.P. which will enhance Company seed crushing capacity to 1400 MT per day. The acquisition will be financed by proceeds of GDR and internal accruals. This acquisition will further improve market share of the company in edible Oil production of India.
- 09 Oct 2006 12:35UNITDSPRM&A
Mcdowell & Company Limited has informed the Exchange that at the meeting of the Committee of Directors held on October 06,2006, the Demerger Record Date for the purpose of issue of equity shares by McDowell India Spirits Limited (MISL) to the equity shareholders of the Company and the Merger Record Date for the purpose of issue of equity shares / preference shares by the Company to the shareholders of the Transferor Companies has been fixed as October 26,2006 and October 27,2006 respectively. As per the Composite Scheme of Arrangement, the share exchange ratio for the demerger of the Investmen
- 09 Oct 2006 12:35UNITDSPRM&A
e) 7 (Seven) fully paid up equity shares of Rs 10/- each of McD shall be issued and allotted for every 20 (Twenty) equity shares of Rs 10/- each held in SWDL (Shaw Wallace Distilleries Limited). In addition to above, as regards the preference shareholders of SWDL, following preference shares will be issued and allotted by McD to the preference shareholders: a) 1 (one) fully paid up 9% Non-Cumulative Non-Convertible Redeemable Preference Share of Rs.10/- each for every 1 (one) 9% Non-Cumulative Non-Convertible Redeemable Preference Share of Rs.10/- each held in SWDL. Further, the company has su
- 09 Oct 2006 12:35VISAKAINDM&A
Visaka Industries Ltd. has informed the Exchange that the members in the Court convened General Meeting held on October 07,2006 approved the proposed merger of Shakti Roofings Private Limited with the Visaka Industries Ltd.
- 09 Oct 2006 12:35ANANTRAJM&A
Anant Raj Industries Limited has informed the Exchange that the Board of Directors in its meeting held on October 9, 2006 noted the orders of the Hob'ble High Court(s) of Delhi and Punjab & Haryana Chandigarh sanctioning the Scheme of amalgamation of following five companies with the Company:- a) Kalinga Meadows Limited, b) B.T. Estates Private Limited, 3) Sarvodya Builders Private Limited, 4) Carnation Buildcon Private Limited, 5) Elegant Buildtech Private Limited. Further, the Board of Directors authorized Sh. Amit Sarin, Executive Director (Commercial) and/or Sh. Manoj Pahwa, Company Secret
- 06 Oct 2006 18:11PEARLGLOBLM&A
Pearl Global Ltd has informed the Exchange that on October 06, 2006 the Hon'ble High Court of Delhi has approved the Scheme of Amalgamation of Pearl Styles Limited and City Estates Pvt. Limited with Pearl Global Limited. The appointed date for the Scheme of Amalgamation is April 01, 2005.
- 06 Oct 2006 10:45UNITDSPRM&A
Mcdowell & Company Limited has informed the Exchange in connection with the Composite Scheme of Arrangement between Phipson Distillery Limited, United Spirits Limited, Herbertsons Limited, Triumph Distillers & Vintners Private Limited, Shaw Wallace Distilleries Limited, Baramati Grape Industries Limited, United Distillers India Limited, McDowell International Brands Limited, McDowell India Spirits Limited and McDowell & Company Limited, which is as follows : �The Scheme provides that it would be effective upon filing of the Orders of the Hon'ble High Courts of Karnataka and Bombay with the Reg
- 05 Oct 2006 18:02APOLLOHOSPM&A
Apollo Hospitals Enterprise Ltd had informed the Exchange that the Board of Directors of Apollo Hospitals Enterprises Limited has decided to divest its entire equity stake of 52,030,000 constituting 33.22% at SLR 28 per share by participating in the open offer made by Sri Lanka Insurance Corporation Limited (SLIC) which ends on September 14, 2006. The Company has now informed that the Company has received funds equivalent to INR 63.80 crores towards sale consideration of 52,030,000 equity shares held in Lanka Hospital Corporation Limited, Colombo, Sri Lanka.
- 05 Oct 2006 11:28CORPBANKM&A
Corporation Bank had informed the Exchange that the BODs of the Bank at its meeting held on December 27,2004 approved the proposal for merger of Corp. Bank Homes Limited, a wholly owned subsidiary of the Bank with the Bank (i.e Corporation Bank). The Company has now informed the Exchange the scheme of amalgamation of Corpbank Homes Ltd. with Corporation Bank has been approved by Honourable High Court of Karnataka vide its order dated August 11, 2006. Accordingly, a certificated copy of the said order has been filed with Registrar of Companies, Karnataka at Bangalore on October 04, 2006 and the