Corporate announcements

Anant Raj Industries Limited has informed the Exchange that the Hon'ble High Court(s) of Delhi and Haryana, have accorded the approval of the merger of following five group companies with the Company:- (a) Kalinga Meadows Limited. (b) B.T. Estates Private Limited. (c) Sarvodya Builders Private Limited. (d) Carnation Buildcon Private Limited. (e) Elegant Buildtech Private Limited. Further a meeting of the board of directors of the company will be held on October 09, 2006 to take on record the order of Hon'ble High Court(s) of Delhi and Haryana.

Thermax Ltd had informed the Exchange regarding the Amalgamation of the three wholly owned subsidiaries, namely, Thermax Co-gen Limited, Thermax Electronics Ltd. and Winman Gas Limited (Transferor Companies) with the Company (Transferee Company). The Company has further informed that the date of hearing of the petition filed by the transferor companies with the Hon'ble High Court of Judicature at Bombay has been fixed on November 10, 2006.

Precot Mills Ltd. has informed the Exchange regarding proposed merger of Meridian Industries Limited (Meridian) a group Company in the same line of business, with the Company as detailed below:- (i) The Honourable High Court of Madras has approved the merger vide its order dated August 30, 2006 / September 01, 2006. (ii) As per the approved Scheme of Amalgamation, the appointed date for the above merger is April 01, 2006 and the effective date is September 26, 2006 being the date on which certified copy of the orders passed by the High Court of Madras sanctioning the scheme of Amalgamation was

Birla Vxl Limited has informed the Exchange that :- (a) Pursuant to Clause C(1)(i) and (ii) of Part III of the Scheme of Arrangement, which has become effective from March 30, 2006:- (i) The Company has divested its entire shareholding of 2,00,00,000 Equity Shares of Rs. 10/- each fully paid up and 10,00,000 - 13.5% Cumulative Redeemable Non-Convertible Preference Shares of Rs. 100/- each fully paid up in VXL Technologies Ltd. (VTL), a wholly owned Subsidiary of the Company on September 29, 2006. As a consequence, VTL has ceased to be a Subsidiary of the Company from September 29, 2006. (ii)

Grindwell Norton Limited has informed the Exchange that the acquisition of Bonded Abrasives business of Orient Abrasives Limited has been completed on October 01, 2006.

Novopan Industries Limited has informed the Exchange that Shareholders of the Company at their Meeting convened by Hon'ble High Court of Andhra Pradesh, Hyderabad held on September 29,2006 have unanimously approved the Scheme of Arrangement between M/s GVK Petrochemicals (P) Ltd. and M/s GVK Novopan Industries (P) Ltd. with M/s Novopan Industries Ltd. and Amalgamation of M/s Novofurniture (P) Ltd. with M/s Novopan Industries Ltd. and their respective shareholders.

Astra Microwave Products Limited has informed the Exchange that one of the Company's shareholder { i.e., M/s Strategic Ventures Fund (Mauritius) Ltd} who is holding 15.83% in the total shareholding of the Company, has sold 600 shares of the Company at Market Price on September 29, 2006. After this transaction the shareholding of M/s. Strategic Ventures Fund (Mauritius) Ltd has come down to 15.826% from 15.83%.

Saksoft Limited has informed the Exchange that the Board of Directors of the company at their meeting held on October 02,2006, have approved a Share Purchase Agreement to acquire 100% share holding in the Acuma Group, UK, for a total consideration of USD 17 million. The transaction has been concluded as per the terms and conditions of the said agreement. Acuma is UK's largest dedicated provider of information management solutions and strategic consultancy, covering the entire gamut of business intelligence, data warehousing, data integration, data quality improvement & testing services. They a

Visualsoft Technologies Limited has informed the Exchange that the Company as a part of its business consolidation process is exploring several strategic business opportunities including merger and acquisition options. The Company has received certain proposals from its Financial Advisors in this connection. The Board of Directors at the meeting held on September 30,2006, considered the various options placed before them. The Board, after deliberating and weighing the various options placed before it, has accorded it's in-principle approval to merge VisualSoft Technologies Limited with Megasof

Kirloskar Brothers Limited has informed the Exchange that the Company has acquired 100% equity share capital of "ABAN Constructions Private Limited", a Chennai based company, on a debt free basis, for a total consideration of Rs. 577 Million (Rupees Five Hundred and Seventy Seven Million only). The company has executed the necessary share purchase agreement to that effect, in Chennai on September 29, 2006. ABAN Constructions Private Limited (ACPL) belonged to the reputed ABAN group of Companies. It will function with the same name and would be a 100% subsidiary company of Kirloskar Brothers Li

United Western Bank Ltd has informed the Exchange that the Amalgamation of the United Western Bank Ltd with Industrial Development Bank of India Ltd is effective from October 03, 2006. As per the Scheme the �Transferee Bank� i.e IDBI Ltd. would be making upfront payment in cash of the Rs.28/- per share in respect of fully paid share of the United Western Bank Ltd. to the members of the United Western Bank Ltd. who were shareholders as on the �Prescribed Date� i.e. October 03, 2006. United Western Bank Ltd. has further informed the Exchange to suspend the trading in the shares of The United Wes

United Western Bank Ltd has informed the Exchange that the Govt. of India has on September 30, 2006 sanctioned the Scheme for the Amalgamation of The United Western Bank Ltd. with Industrial Development Bank of India Ltd. The Amalgamation scheme will come into force on October 03, 2006.

Industrial Development Bank of India Limited has informed the Exchange that the Government of India has sanctioned the scheme of amalgamation of the United Western Bank Ltd. with the Industrial Development Bank of India Ltd. (the scheme) and specified October 3, 2006 as the prescribed date i.e. the date on which the scheme will come into force. Further, in terms of sub-paragraph [5] of Paragraph 6 of the Scheme, the Bank shall make an upfront payment in cash of Rs 28/- in respect of every fully paid up share in the United Western Bank Ltd. to the members of that Bank, who were, as on the presc

Central India Polysters Limited has informed the Exchange that the Hon'ble High Court of Judicature of Gujarat at Ahmedabad has approved the Scheme of Amalgamation of Appollo Fibres Limited, Central India Polyesters Limited, India Polyfibres Limited, Orissa Polyfibres Limited, Recron Synthetics Limited and Silvassa Industries Private Limited (collectively referred to as "Transferor Companies") with Indian Petrochemicals Corporation Limited ("Transferee Company") vide its Order dated August 18, 2006, which was received by the Company on September 26, 2006. The certified copy of the aforesaid Or

Kotak Mahindra Bank Limited has informed the Exchange that the Board of Directors of the Bank at its meeting held on September 29,2006, considered and approved the draft Scheme of Arrangement for demerger of the Trading and Principal including Primary Dealership undertaking of Kotak Mahindra Capital Company Limited (KMCC) to the Bank under Sections 391-394 of the Companies Act, 1956 ("Scheme") which was prepared by the committee appointed by the Board of Directors for this purpose. The Scheme is subject to requisite approvals including those of Stock Exchanges under the Listing Agreement, shar

Dabur India Ltd had informed the Exchange regarding Scheme of Amalgamation and Arrangement between Balsara Hygiene Products Limited, Balsara Home Products Ltd and Besta Cosmetics Ltd. with Dabur India Limited. The company has now informed the Exchange that the Company had, on September 23,2006, obtained the certified true copy of the Order passed by the Hon'ble High Court of Delhi on September 12,2006 approving the aforesaid Scheme of Amalgamation and Arrangement. As required under the provisions of Companies Act, 1956 and MCA efiling rules, the certified copy of the aforesaid Order has been f

Marksans Pharma Limited has informed the Exchange that at the Court Conveyed Meeting of the Equity Shareholders of the Company for approving the scheme of amalgamation of Mark Remedies Limited with Marksans Pharma Limited, held on September 28, 2006, the scheme was approved by the required majority of the shareholders.

Television Eighteen India Ltd. has informed the Exchange that Mr. R. D. S. Bawa, C.F.O and Mr. Anil Srivastava, Company Secretary of the Company has informed the company that they have sold 1,00,000 shares and 25,000 shares of the company respectively over the last four days in the open market.

Indian Petrochemicals Corpn. Ltd. has informed the Exchange that Hon'ble High Court of Gujarat at Ahmedabad has approved the Scheme of Amalgamation of the six Polyester Companies viz Appollo Fibres Limited (AFL), Central India Polyesters Limited (CIPL), India Polyfibres Limited (IPL), Orissa Polyfibres Limited (OPL), Recron Synthetics Limited (RSL) and Silvassa Industries Private Limited (SIPL) (collectively the "Transferor Companies") with the Company (IPCL) vide its Order dated August 18, 2006, which was received by the Company on September 26, 2006. The certified copy of the Order of the Ho

Ansal Properties & Infrastructure Limited has submitted to the Exchange a copy of public notice informing Amalgamation of Ansal Township & Projects Ltd. with the Company which has been published in various newspaper on September 21, 2006. The details of 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/Ansal_270906.zip target=NEW> For more details click here.</a>

Keynote Corp. Serv. Ltd. has informed the Exchange that pursuant to the order dated September 22, 2006 made by the High Court of Judicature at Bombay, a meeting of the equity shareholders of the Company will be held on November 03, 2006 for the purpose of considering and if thought fit, to approve, with or without modification (s), the arrangement embodied in the Scheme of Amalgamation ("Scheme") of Cobal Investment Company Limited, West Coast Lighterage Company Private Limited, Starline Ispat Alloys Limited, Galaxy Leasing Limited, Keynote Finstock Limited, Plethora Investments Company Limite

Escorts Ltd had informed the Exchange that the Board of Directors of the Company in their meeting held on August 30,2006 approved divestment of Company's entire shareholding in Carraro India Limited to its other Joint Venture Partner i.e., Carraro SpA, Italy for a total consideration of Euro 20 million. The company has now informed the Exchange that the above said sale consideration of Euro 20 Million (Rs. 114.52 crores) has been received.

United Western Bank Ltd has informed the Exchange that a meeting of the Board of Directors was held on September 26, 2006 wherein the Draft Scheme of Amalgamation was considered and that the suggestions / objections as approved by the Board are being forwarded to RBI.

Century Plyboards (India) Limited has informed the Exchange that a meeting of the Members of the Transferor Company, Shyam Century Ferrous Ltd. was held on September 16,2006 under the Chairmanship of Mr. Rahul Bezbarua, the Chairman appointed by the Hon'ble Gauhati High Court. The Members of the Shyam Century Ferrous Ltd. unanimously approved the Scheme of Amalgamation whereby the said Transferor Company, Shyam Century Ferrous Ltd. is proposed to be merged with Century Plyboards (I) Ltd.

Videocon Industries Limited had informed the Exchange that the Company has fixed August 25,2006 and subsequently September 25,2006 as Record Date for determining the Equity Shareholders' of erstwhile EKL Appliances Limited who are entitled for allotment of Equity Shares of the company, pursuant to the Scheme of Amalgamation, as sanctioned by the Hon'ble High Court. The company has now informed the Exchange that the Company has again rescheduled the Record Date and fixed October 31,2006 as Record Date instead of September 25,2006, for determining the Equity Shareholders' of erstwhile EKl Applia

Venky'S (India) Limited has informed the Exchange that Shivalik Hatcheries Pvt. Ltd and Venkateshwara Farms Pvt. Ltd., the promoter companies of Venky's (India) Limited have amalgamated with Venkateshwara Hatcheries Pvt. Ltd., which is also falling under promoter group, as detailed below. The date of amalgamation is April 01, 2005 and effective from August 17, 2006:- (1) Name of amalgamated Company - Shivalik Hatcheries Pvt. Ltd., Name of the High Court which issued the Order - High Court of Simla, Date of Amalgamation Order - June 07, 2006, Name of the transferee company - Venkateshwara Hatch

Torrent Power Sec Limited has informed the Exchange that Pursuant to the Composite Scheme of Arrangement including Amalgamation (Scheme) approved by the Honorable High Court of Gujarat, Torrent Power SEC Limited (TPSEC) - scrip code TORRENTSEC along with Torrent Power AEC Limited (TPAEC) and Torrent Power Limited (TPL) has fixed September 28, 2006 as the Record Date to determine the entitlement of shareholders of TPSEC to receive shares of TPL as per the exchange ratio stipulated in the Scheme. The Scheme in para 12.6 (e) has inter alia provided as under "�. Notwithstanding the foregoing, upon

Shivalik Global Limited has informed the Exchange that in the Meeting of the Board of Directors of the Company held on September 20, 2006, Board has given approval to the draft scheme of amalgamation of Shyam Tex International Limited (a subsidiary of the Company) and also approved the valuation report along with Share Exchange Ratio.

Gabriel India Ltd has informed the Exchange that the Company in its Board Meeting held on September 19, 2006 has approved the following :- 1) Sale of its property situated at Mulund, Mumbai for a total consideration of Rs.850 Million. As part of the arrangement, a portion of this property will be licensed to the Company for its use, for an agreed term. 2) The Board has also approved the Demerger of the Engine Bearings Division from the Company through a vertical demerger process as per the provisions of the Companies Act, 1956. The Scheme of Arrangement will be filed with the stock exchanges i

Inox Leisure Limited had informed the Exchange that the BODs at its meeting held on June 23, 2006, has approved the acquisition and merger of Calcutta Cine Pvt Ltd (Target Company), having its registered office at 89C, Moulana Abul Kalam Azad Sarani, Kolkata, with the Company. The proposed transaction is subject to due diligence, final approval by Shareholders, Creditors and the High Court. Further, the Company had informed that the BODs had also, at the said Board Meeting, appointed various intermediaries for the transaction such as Legal Advisors, Valuers and Merchant Bankers. The company ha

Melstar Information Technologies Ltd. has informed the Exchange that the Hon'ble High Court of the Judicature at Bombay has sanctioned the Scheme of Arrangement of Melstar Fashions Private Limited with Melstar Information Technologies Limited on September 15,2006. The Scheme will become effective upon the filing of the certified copies of the orders of both the Companies with the Registrar of Companies, Mumbai. The appointed date of the Scheme is April 01,2005.

Indiabulls Financial Services Limited has informed the Exchange that as per the directions of the Hon'ble High Court of Delhi at New Delhi, separate Meetings of Equity Shareholders and Unsecured Creditors of Indiabulls Financial Services Ltd. (the "Company") were held September 18, 2006 to consider the proposed of Scheme of Arrangement between the Company and Indiabulls Real Estate Limited and their respective Shareholders and Creditors. The said Scheme of Arrangement has been unanimously approved by the Equity Shareholders and Unsecured Creditors of the Company, and is now subject to the fina

Nitco Tiles Limited has informed the Exchange that Mr. K Ramchandran, Global Head Manufacturing of the Company has sold 5000 shares on September 09,2006.

Torrent Power Limited has informed the Exchange that the Honorable High Court of Gujarat at Ahmedabad, vide Order dated July 12,2006 has sanctioned the Composite Scheme of Arrangement including Amalgamation between Torrent Power AEC Limited (TPAL), Torrent Power SEC Limited (TPSL) and Torrent Power Generation Limited (TPGL) with Torrent Power Limited (TPL) and their respective shareholders and creditors and reorganization of capital of Torrent Power Limited (the "Scheme") with effect from April 01,2005 (i.e. the Appointed Date under the Scheme). The aforesaid Order of the Honorable High Court

3) Consequently, TPL will issue and allot : i) 5.5 Equity shares of Rs. 10 each fully paid up for each Equity share of Rs. 10 each held in TPAL, ii) 11.75 Equity shares of Rs. 10 each fully paid up for each Equity share of Rs. 10 each held in TPSL, iii) 0.25 equity share of Rs. 10 each fully paid up for each Equity share of Rs. 10 each held in TPGL. 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).

Torrent Power Limited has informed the Exchange that the Honorable High Court of Gujarat at Ahmedabad, vide Order dated July 12,2006 has sanctioned the Composite Scheme of Arrangement including Amalgamation between Torrent Power AEC Limited (TPAL), Torrent Power SEC Limited (TPSL) and Torrent Power Generation Limited (TPGL) with Torrent Power Limited (TPL) and their respective shareholders and creditors and reorganization of capital of Torrent Power Limited (the "Scheme") with effect from April 01,2005 (i.e. the Appointed Date under the Scheme). The aforesaid Order of the Honorable High Court

3) Consequently, TPL will issue and allot : i) 5.5 Equity shares of Rs. 10 each fully paid up for each Equity share of Rs. 10 each held in TPAL, ii) 11.75 Equity shares of Rs. 10 each fully paid up for each Equity share of Rs. 10 each held in TPSL, iii) 0.25 equity share of Rs. 10 each fully paid up for each Equity share of Rs. 10 each held in TPGL. 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).

Dabur India Ltd has informed the Exchange that the High Court of Delhi & the High Court of Mumbai has approved the merger of the three Balsara companies with Dabur India Limited. The three Balsara group entities namely Balsara Hygiene Products Limited, Balsara Home Products Ltd and Besta Cosmetics Ltd. will be merged with Dabur India on filing of the High Court order with the Registrar of Companies. The Order is expected around end September 06. This marks the completion of the formal process of merging the legal entities of Balsara Companies with Dabur India. The detailed press release in thi

Noida Toll Bridge Company Ltd has informed the Exchange that the Board of Directors of the Company has, vide a circular resolution, approved a Scheme of Arrangement (Under Section 391 - 394 of the Companies Act, 1956) which includes an amalgamation with its wholly owned subsidiary DND Flyway Limited.

Apollo Hospitals Enterprise Ltd has 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.

Ansal Properties & Infrastructure Limited has informed the Exchange that (i) The order of High Court of Delhi dated August 31, 2006 has been filed with the Registrar of Companies ("ROC") on September 12, 2006, which is the "Effective Date" as per the Scheme of Amalgamation and Arrangement ("Scheme"). The Appointed Date is April 01, 2006. (ii) The Company fixed September 19, 2006 as the "Record Date" for the purpose of issue and allotment of Equity shares of the Company to Equity Shareholders of ATPL in terms of the said Scheme, since ATPL stands dissovled without being wound up on September 12

Century Plyboards (India) Limited has informed the Exchange that as per the Order of the Hon'ble High Court at Calcutta, a meeting of the Equity Shareholders of the Company was held on August 22, 2006, wherein Mrs. Indrani Chatterjee, Advocate, was the Chairperson appointed by the said Hon'ble High Court. At the meeting the Scheme of Amalgamation of Shyam Century Ferrous Ltd. with the Company was approved unanimously. A copy of Poll result shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnoun

Industrial Development Bank Of India Limited has informed the Exchange that the Reserve Bank of India has vide their letter no.DBOD No.PSBD. 2413/16.01.076/2006-07 dated September 12, 2006 advised the Bank that it is proposed to amalgamate the United Western Bank Ltd. with Industrial Development Bank of India Ltd. and accordingly, RBI has forwarded a draft scheme of amalgamation prepared by them in pursuance of sub section (4)(d)(ii) of Section 45 of the Banking Regulation Act, 1949. RBI has desired the Bank to submit its suggestion/objection, if any, to the draft scheme of amalgamation to RBI

Torrent Power Aec Limited has informed the Exchange that the Honorable High Court of Gujarat at Ahmedabad, vide Order dated July 12,2006 has sanctioned the Composite Scheme of Arrangement including Amalgamation between Torrent Power AEC Limited (TPAL), Torrent Power SEC Limited (TPSL) and Torrent Power Generation Limited (TPGL) with Torrent Power Limited (TPL) and their respective shareholders and creditors and reorganization of capital of Torrent Power Limited. The aforesaid Order of the Honorable High Court of Gujarat at Ahmedabad was filed by the Company with the Registrar of Companies, Guj

Torrent Power Sec Limited has informed the Exchange that the Honorable High Court of Gujarat at Ahmedabad, vide Order dated July 12,2006 has sanctioned the Composite Scheme of Arrangement including Amalgamation between Torrent Power AEC Limited (TPAL), Torrent Power SEC Limited (TPSL) and Torrent Power Generation Limited (TPGL) with Torrent Power Limited (TPL) and their respective shareholders and creditors and reorganization of capital of Torrent Power Limited. The aforesaid Order of the Honorable High Court of Gujarat at Ahmedabad was filed by the Company with the Registrar of Companies, Guj

The Bank Of Rajasthan Ltd has informed the Exchange that the Bank has sold its shareholding of 25,19,999 equity shares of Rs. 10/- each (16%) of Bharat Overseas Bank Limited, to Indian Overseas Bank @ Rs. 155/- per share.

Ing Vysya Bank Limited has informed the Exchange that the Bank has sold 23,09,999 (twenty three lakh nine thousand nine hundred and ninety nine only) shares held by the Company in Bharat Overseas Bank on September 11 2006, being one share less than Company's holding of 23,10,000 (twenty three lakh ten thousand only) at the rate of Rs. 155/- per share.

Karur Vysya Bank Ltd has informed the Exchange that the Bank had sold its entire stake of 10% holding in M/s Bharat Overseas Bank Limited at Rs.155/- per share to Indian Overseas Bank. The Bank has, however, retained just one share in the said Bharat Overseas Bank Limited.

The Karnataka Bank Limited has informed the Exchange that the Bank has sold 13,64,999 equity shares of Rs. 10 each of Bharat Overseas Bank Ltd, a Chennai based unlisted Banking Company to M/s Indian Overseas Bank at a price of Rs. 155/- per share on September 09, 2006. After the above sale, the Bank hold 1 (One) share of Bharat Overseas Bank Ltd.

Nicco Corporation Ltd has informed the Exchange that 1) The Hon'ble High Court at Calcutta vide its order dated August 02,2006 has duly sanctioned the Scheme of Arrangement for Re-Organisation of Share Capital of the company, i.e. Nicco Corporation Limited. A copy of the said order has been filed with the office of the Registrar of Companies, West Bengal under requisite Form no.21. 2) The aforesaid Scheme was unanimously approved by the Shareholders of the company at the High Court Convened EGM held on May 12,2006. 3) In terms of the said Scheme, the following events are taking place :- a) The