Corporate announcements

The South Indian Bank Ltd. has informed the Exchange that the Bank has sold 15,74,999 shares with face value of Rs. 10/- per share representing 10% of paid up capital, which the Bank were holding in Bharath Overseas Bank Ltd., an unlisted private bank with headquarters at Chennai, retaining one share with the Bank. The transaction was concluded on September 09, 2006. The shares have been bought out by Indian Overseas Bank, a public sector listed bank, @ Rs. 155/- per share, as part of its taking control of Bharath Overseas Bank Ltd.

Remsons Industries Ltd has informed the Exchange that the order passed by the Court approving the Scheme of amalgamation was filed with the office of the Registrar of Companies, Maharashtra on September 01,2006. Amalgamation having been approved and effective from the Appointed date i.e. Apil 01,2005, accounts of all the three amalgamating companies viz. Daman Auto Industries Limited, Rems Auto Engineers Limited and Remsons Auto Industries Private Limited for the year 2005-06 have been merged into the accounts of the Remsons Industries Limited and the consolidated accounts for the year ended M

United Western Bank Ltd has informed the Exchange that subsequent to the order of Moratorium dated September 02, 2006, the Reserve Bank of India (RBI) has on September 12, 2006 placed in public domain a Draft Scheme of Amalgamation of the United Western Bank Ltd. with Industrial Development Bank of India Ltd. Further, the Bank has informed, as per the Draft Scheme both Banks have been given time upto September 27, 2006 to consider the draft scheme. The Scheme inter-alia provides that "The Transferee Bank shall make an upfront payment in cash of Rs.28/- in respect of every fully paid up share o

India Infoline Limited has informed the Exchange that the Unsecured Creditors of India Infoline Securities Private Limited have in the court convened meeting held on September 09, 2006 unanimously approved the Scheme of Amalgamation of India Infoline Securities Private Limited with India Infoline Limited.

Sangam (India) Ltd. has informed the Exchange that :- 1) The Equity shareholders of the Company have approved the Scheme of Amalgamation of SPBL Limited with the company at their meeting held on September 10,2006. The meeting was chaired by Court appointed Chairman Dr. Raghuveer Singh Rajpurohit. 2) The Secured/Unsecured Creditors of the Company have approved the Scheme of Amalgamation of SPBL Limited with the company at their meeting held on September 10,2006. The meeting was chaired by Court appointed Chairman Dr. Raghuveer Singh Rajpurohit.

Hcl Infosystems Ltd has informed the Exchange regarding the composite Scheme of Arrangement (Scheme) of the Company envisaging demerger of Networking Services business of HCL Infinet Limited as a going concern to its subsidiary namely Microcomp Ltd. and the merger of HCL Infinet Ltd comprising of residual office Automation and Telecommunication Products & Services Business ("Products and Services Business") with the Company. The para 2.15(a) of Part II of the Scheme inter alia stipulated that upon demerger of the Networking Services business (the demerged undertaking), of HCL Infinet Limited i

The Scheme is now proposed to be filed under Sections 391-394 of the Companies Act, 1956 with the Hon'ble High Court of Delhi for necessary directions and includes the consideration value and the number of shares to be issued by Microcomp Limited to HCL Infosystems Limited based on the audited accounts.

Hindustan Lever Ltd. has informed the Exchange that at the Board meeting held on September 08,2006, the Directors of the Company, inter alia, approved the proposal for (i) Merger of Modern Food Industries Limited (MFIL) and its subsidiary Modern Food and Nutrition Industries Limited (MFNIL) with the Company, with effect from October 01,2006. In terms of the Scheme of Amalgamation the entire shareholding of the two companies would stand cancelled and accordingly no valuation exercise or recommendation of share exchange ratio was made. (ii) Demerger of the non-functional factory land at Shamnaga

Motherson Sumi Systems Ltd. has informed the Exchange that the amlgamation of Motherson Advance Polymers Limited, a 100% subsidiary of the Company with the Company has been approved by the Hon'ble High Court of Delhi in the hearing held on September 04, 2006.

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

Boc Ltd has informed the Exchange that the scheme of arrangement under which Linde AG, Germany acquires the ownership of The BOC Group plc, UK, the holding company of the Company, has been sanctioned by the Court in the UK and has become effective. The BOC Group plc, U.K. continues to hold 54.8% of the paid up share capital of BOC India Ltd.

Grasim Industries Ltd. has informed the Exchange that the Company has acquired 50,000 Equity Shares of Rs. 10/- each (being 100% of the Paid up Capital) of M/s. Harish Cement Ltd., Sundernagar, District Mandi (Himachal Pradesh) at Rs. 20/- per share, thus making, it wholly owned subsidiary of the Company, subject to requisite approvals.

Nahar Exports Ltd has informed the Exchange that the Hon'ble Punjab & Haryana High Court vide its Order dated August 17,2006 has directed the company that seperate meeting(s) of the Equity Shareholders, Secured and Unsecured creditors be held for the purpose of considering, and if thought fit, approving with or without modification, the composite scheme of Demerger and Arrangement between Nahar Exports Limited, Nahar Spinning Mills Limited and Nahar Capital and Financial Services Limited. The company has further informed the Exchange that in pursuance of the said order and as directed therein,

Nahar Spinning Mills Ltd. has informed the Exchange that the Hon'ble Punjab & Haryana High Court vide its Order dated August 17,2006 has directed the company that seperate meeting(s) of the Equity Shareholders, Secured and Unsecured Creditors be held for the purpose of considering, and if thought fit, approving with or without modification, the composite scheme of Demerger and Arrangement between Nahar Spinning Mills Limited, Nahar Exports Limited and Nahar Capital and Financial Services Limited. The company has further informed the Exchange that in pursuance of the said order and as directed

Remsons Industries Ltd had informed the Exchange that the Hon'ble High Court of Bombay had approved the Scheme of Amalgamation of Daman Auto Industries Limited, Rems Auto Engineers Limited and Remsons Auto Industries Private Limited with the Company w.e.f. April 01,2005. The company has now informed the Exchange that they have received the Order from the Court approving the said Scheme. The Hon'ble High Court's Order has been filed with the Office of the Registrar of Companies, Maharashtra in Form 21 on September 01,2006 and the Amalgamation is now complete and effective from the appointed dat

Southern Petrochemicals Industries Corporation Ltd. has submitted to the Exchange a copy of the resolution passed by the Board of Directors of the Company at the Meeting held on July 28,2006, approving the Scheme of Amalgamation of SPIC Holdings and Investments Limited, SPIC Biotechnologies Limited and Mitocon Biotec Limited, wholly-owned unlisted subsidiary companies of the Company, with the Company. 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).

Ruchi Soya Industries Ltd. has informed the Exchange that the management of the Ruchi Group ('the Group') had proposed consolidation of similar businesses 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 diary business) (SVF Business) carried on by eight companies of the Group was to be consolidated into the Company. Two of the three Schemes have been completed and approval of the jurisdictional High Court has been obtained. The said t

3i Infotech Limited has informed the Exchange that the Company has acquired G4 Software Technologies (India) Limited. G4, a niche company having about Rs.84 million in annual revenue and about 50 people specializing in the area of Payments Services, Back Office Exception Processing solutions and Business Process Integration services. Its Payments services relates to Financial Network solutions for SWIFT, Enterprise Payments Solutions, Real Time Gross Settlement solutions (RTGS), Migrating legacy Payment solutions such as MERVA from a Mainframe Environment, SEPA Single European Payments Archite

Ashapura Minechem Ltd has informed the Exchange that the company has been informed by Shri Navnitlal Shah, Trustee of Hiralaxmi Memorial Foundation that 2,50,000 (Two Lacs Fifty Thousand only) Equity Shares of the Company were sold in the Open Market on August 31,2006. The above shares were held in the name of Shri Navnitlal Ratanji Shah, Shri Chetan Shah and Smt. Nayana Ramani in capacity of Trustees of the Hiralaxmi Memorial Foundation Trust.

Centurion Bank Of Punjab Limited has informed the Exchange that the Board will inter-alia, consider the final terms of the merger of Lord Krishna Bank with the Bank, including the Joint Valuation Report of the Independent Valuers appointed for this purpose, the Draft Scheme of Amalgamation and all other matters related thereto. The Board will also consider at the said meeting, proposals from prospective investors for a preferential issue of up to 17,00,00,000 equity shares of Re.1/- each at a price to be determined in terms of the Securities and Exchange Board of India (Disclosure and Investor

Canara Bank has informed the Exchange that the Board of Directors of Canara Bank has taken a decision to submit their Expression of Interest for takeover/acquisition/amalgamation of United Western Bank ltd., in view of a number of positive synergies existing between the two Banks especially in terms of the network of branches, geographical contiguity, Canara Bank's excellent track record as the largest Nationalised Bank and UWB's need for a strong, effective and professional management. The Bank has submitted its Expression of Interest to RBI and requested them to permit the Bank to carry out

Essel Propack Ltd. had informed the Exchange that the Company has on August 30, 2006 executed a Share Purchase Agreement for acquisition of 100% of the equity holding of Packaging India Private Limited (PIPL) based at Chennai, a part of Cavinkare group. The acquisition shall be completed upon accomplishment of conditions precedent stated in the agreement and payment of consideration. PIPL is engaged in the business of manufacturing flexible packaging materials. The Company has now informed the Exchange that the Company on August 31, 2006, completed the acquisition of Packaging India Private Li

Sasken Communication Technologies Limited had informed the Exchange that the Board approved signing a Definitive Agreement with shareholders of Botnia Hightech Oy, Finland, for acquisition of 100% shares in the said company for a consideration of Euro 35.50 million, in an all-cash transaction. The Company has now further informed the Exchange that they have completed the process of acquiring Botnia on August 31,2006. The company has incorporated a wholly owned subsidiary in Finland under the name and style Sasken Communication Technologies Oy and the acquisition of shares in Botnia has been e

Kothari Petrochemicals Ltd has informed the Exchange that the court convened meeting of Kothari Petrochemicals Limited (KPL) was held on August 28,2006 and the majority of the shareholders present in person or by proxy, representing 99.99% of the shareholding has approved the scheme of Amalgamation of Primetra Technologies Private Limited with KPL.

Hinduja Tmt Ltd has informed the Exchange that the Board of Directors at its meeting held on August 31, 2006 approved a Scheme of Arrangement and Restructuring (the "Scheme") pursuant to which the Company's IT& ITES undertaking would be transferred as a going concern by way of demerger to a seperate company viz. HTMT Technologies Limited ("HTMT Tech"). The Board approved the share entitlement ratio in relation to the demerger i.e. a member of the Company would receive 1 (one) equity share in HTMT Tech of face value of Rs. 10/- for every 2 (two) euqity shares of face value of Rs. 10/- each held

Associated Cement Co. Ltd has informed the Exchange that the Scheme of Amalgamation of Tarmac (India) Limited with the Company is approved by the Bombay High Court. All requisite formalities have been completed. The Scheme of Amalgamation is effective from August 28, 2006. The Appointed Date under the said Scheme is January 01, 2006.

Ansal Properties & Infrastructure Limited has informed the Exchange that the High Court of Delhi has approved on August 31, 2006 (date fix for hearing) the Amalgamation and Arrangement of Ansal Township & Project Ltd.{ATPL} with Ansal Properties & Infrastruture Ltd. {APIL}.

Great Eastern Shipping Co. Ltd. had informed the Exchange that the Board of Directors at its meeting held on August 09,2006 decided to seek an extension of time from the Hon'ble Bombay High Court to obtain the remaining approvals and to complete the Demerger process. The company has further informed the Exchange that the Hon'ble Bombay High Court after considering the Company's request for extension of time for completing the balance Demerger process has approved extension of the Scheme of Arrangement (Demerger) by a period of 3 months. The Hon'ble Bombay High Court also approved the other mod

Gillette India Limited has informed the Exchange that the Honourable High Court of Rajasthan at Jaipur had on August 22, 2006 approved the Scheme of Arrangement between the Company and its Shareholders. A certified copy of the order has been filed on August 30, 2006 with the Registrar of Companies, Rajasthan, Jaipur pursuant to the provisions of S 391(3) of The Companies Act, 1956 thus giving effect to the Scheme. The Company as informed earlier that the global acquisition of Gillette by The Procter & Gamble Company, USA, in 2005 presented opportunities to Gillette India to accelerate its curr

Television Eighteen India Ltd. had 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

Escorts Ltd has informed the Exchange that the Board of Directors in their meeting held on August 30, 2006, have approved the divestment of the company's entire shareholding in Carraro India Limited to its other Joint Venture Partner i.e. Carraro S.p.A, Italy for a total consideration of Euro 20 million. An in-principle understanding has been reached between the Company and Carraro S.p.A for the said deal, which is subject to signing and execution of the Share Purchase Agreement and Supply Agreement etc. Further, the Board of Directors in the said meeting have also in-principle approved an Emp

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

Ruchi Soya Industries Ltd. has informed the Exchange that the shareholders of the Company on the 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: (i) Transfer of Soya

Pending final approval of the Hon'ble High Court of Bombay and Delhi, the Company has obtained approval of the Registrar of Companies for extension of time for holding of the AGM for the Financial Year 2005-06 by 3 months. The Company will, therefore, hold a AGM on or before December 29, 2006.

Bharat Petroleum Corpn. Ltd has informed the Exchange that the Board of Directors of Bharat Petroleum Corporation Ltd (BPCL) has fixed September 29, 2006, as the 'Record Date' for shares of Kochi Refineries Ltd (KRL) for determining the names of the Shareholders / Beneficial Owners holding equity shares of KRL, who would be entitled for the allotment/issue of equity shares of BPCL, as per the Registers of Members maintained by KRL/ Depositories, in the Swap Ratio as provided in the Scheme of Amalgamation i.e. 4 fully paid up equity shares of Rs.10/- each of BPCL for every 9 fully paid up equit

Jaiprakash Associates Limited had informed the Exchange that the Hon'ble High Court of Judicature at Allahabad has on August 08, 2006 sanctioned the Scheme of Amalgamation of Jaypee Greens Limited with the Company. The company has now informed the Exchange that the Scheme has become effective from August 21,2006, i.e. the date on which the certified copy of the order of the Hon'ble High Court of Judicature at Allahabad has been electronically filed with the Registrar of Companies, U. P. and Jaypee Greens Limited stands merged with the Company with effect from the Appointed Date specified in th

Jai Balaji Sponge Limtied has informed the Exchange that the Board of Directors of Jai Balaji Sponge Limited (JBSL) at their meeting held on August 28, 2006 have approved of a Scheme of Amalgamation of Shri Ramrupai Balaji Steels Limited (SRBSL) with JBSL with effect from April 01, 2006. In consideration of the amalgamtion, JBSL will issue and allot shares to the members of SRBSL in exchange ratio of 1 (One) Equity Share of Rs. 10/- each credited as fully paid up in JBSL for every 3 (Three) Equity Shares of Rs. 10/- each held by them in SRBSL. The Scheme is subject to and will be given effect

Shri Ramrupai Balaji Steels Limited has informed the Exchange that the Board of Directors of Shri Ramrupai Balaji Steels Limited (SRBSL) at their meeting held on August 28, 2006 have approved of a Scheme of Amalgamation of SRBSL with Jai Balaji Sponge Limited (JBSL) with effect from April 01, 2006. In consideration of the amalgamtion, JBSL will issue and allot shares to the members of SRBSL in exchange ratio of 1 (One) Equity Share of Rs. 10/- each credited as fully paid up in JBSL for every 3 (Three) Equity Shares of Rs. 10/- each held by them in SRBSL. The Scheme is subject to and will be gi

Universal Cables Ltd has informed the Exchange that the Hon'ble High Court of Bombay at Goa and the Hon'ble High Court of Madhya Pradesh at Jabalpur have approved the Scheme of Amalgamation of Optic Fibre Goa Limited with the Company vide their Orders dated August 18, 2006 and August 25, 2006 respectively. As per Scheme of Amalgamation, 3092310 Equity Shares of Rs. 10/- each will be alloted to the Shareholders of Optic Fibre Goa Limited in the proportion of 5 (Five) Equity Shares of Rs. 10/- each for every 13 (Thirteen) fully paid Equity Shares of Rs. 10/- each held by the said Shareholders as

Ansal Properties & Infrastructure Limited has submitted to the Exchange a copy of the Notice of Petition under Section 391 and 394 of the Companies Act, 1956 for sanctioning the Scheme of Amalgamation & Arrangement of M/s. Ansal Township & Projects Limited (Transferor Company) with Ansal Properties & Infrastructure Limited (Transferee Company). 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/CorporateAnnouncements).

Century Plyboards (India) Limited has informed the Exchange that the Board of Directors at their meeting held on February 24, 2006, have approved a scheme of amalgamation, whereby Shyam Century Ferrous Limited (SCFL) is proposed to be amalgamated with the company w.e.f. April 01, 2005. SCFL is engaged in manufacturing of Ferro Silicon with captive power plant at Meghalaya and is controlling 76.73% shareholding of its subsidiary Cement Manufacturing Company Ltd., which is operating a cement plant at Meghalaya. The proposed exchange ratio is three equity shares of the company for every four equi

Indiabulls Financial Services Limited has informed the Exchange that by an Order made on August 08, 2006, the Hon'ble High Court of Delhi, has directed that a meeting of the Unsecured Creditors and Equity Shareholders of the Applicant Company be held on September 18, 2006 for the purpose of considering, and if thought fit, approving with or without modification(s), the proposed Scheme of Arrangement/Demerger between Indiabulls Financial Services Limited and Indiabulls Real Estate Limited and their shareholders and creditors. The details of the same shall be available on the NSE website (http:/

Magma Leasing Limited has informed the Exchange that at the Board Meeting of the Company held on August 25,2006, the Board of Directors in pursuance of growth opportunities have discussed a proposal for Amalgamation of Shrachi Infrastructure Finance Limited (Shrachi) with the Company. The salient features of the proposal as approved by the Board, subject to all regulatory and statutory approvls are: 1) Shrachi will be amalgamated into Magma Leasing Limited (Magma) with effect from April 01,2006. 2) The shareholders of Shrachi will be allotted Equity Shares of Magma in the ratio of 1 fully paid

Bhagyanagar Metals Limited has informed the Exchange that the Company has completed acquisition of 25 acres of land at Gachibowli, Hyderabad through its 100% owned subsidiaries M/s. Bhagyanagar Properties Limited and M/s. Scientia Infocom India Limited. Gachibowli is the main IT Park location where prime companies such as Microsoft, Wipro etc., have their campus.

Dishman Pharmaceuticals And Chemicals Limited has informed the Exchange that the company ("Dishman") on August 23,2006 announced that it has acquired CARBOGEN AMCIS AG ("CA"), a Swiss Research based company with the three production facilities in Switzerland for manufacture of high potent high value products from Solutia Europe SA/NV ("SESA"). Dishman paid to SESA over US$ 75 million (inclusive of around Us $ 9 million for working capital) and took over the shares and assets of CARBOGEN AMCIS, through its wholly owned subsidiary namely Dishman Pharma Solutions AG ("DPS") in Burssels on August

Jsw Steel Limited has informed the Exchange that the company has entered into an Memorandum of Understanding with a Mozambican party (represented through the constituted attorney), who has been allotted prospecting and exploration license for coal and associated minerals in a plot of land measuring total area of 6900 hectares in the province of Tete, in Mozambique. As per the terms of this MoU, JSW Steel is permitted to conduct legal and technical (geological) due diligence studies within a period of 28 weeks to conclude the availability of coal, quality of coal and reserve potential etc. Base

Television Eighteen India Ltd. had informed the Exchange that the regarding 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

Centurion Bank Of Punjab Limited has informed the Exchange that the Board of Directors met on August 19, 2006 and considered, in-principle, a merger of Lord Krishna Bank Limited with Centurion Bank of Punjab Limited. The Board has accorded in-principle consent to pursue the merger, subject to satisfactory due diligence, a fair share swap ratio and receipt of approvals from the Reserve Bank of India, Stock exchanges and other requisite statutory and regulatory authorities and the respective Boards and shareholders. Ambit Corporate Finance Pte Ltd. and DSP Merrill Lynch are the investment banker

Jai Balaji Sponge Limtied has informed the Exchange that the Board of Directors of the Company in their meeting held on August 21, 2006 could not discuss the swap ratio and the scheme of amalgamation of Shri. Ramrupai Balaji Steels Limited with Jai Balaji Sponge Limited as the feasibility study for the merger is still under process, and as such, the meeting will be held on August 28, 2006 to consider the swap ratio and scheme of amalgamation.

Bharat Petroleum Corpn. Ltd has informed the Exchange that the Government of India, Ministry of Company Affairs, vide their order dated August 18, 2006, have sanctioned the Scheme of Amalgamation of Kochi Refineries Ltd. with Bharat Petroleum Corporation Ltd. Certified Copy of the said order has been filed by BPCL with the Registrar of Companies, Mumbai on August 21, 2006.