Corporate announcements

Kochi Refineries Limited has informed the Exchange that the Company has submitted to the Exchange regarding the copies of order dated August 18, 2006 of the Ministry of Company Affairs, New Delhi, sanctioning the Scheme of Amalgamation of Kochi Refineries Limited with Bharat Petroleum Corporation Limited.

Flex Industries Ltd. has informed the Exchange that the Honourable Delhi High Court vide its Order dated July 07, 2006 had directed holding of meetings of Secured Creditors, Unsecured Creditors and equity Shareholders of the Company inter-alia to seek their approvals to the Scheme of Amalgamation. The company has further informed that as directed by the Hon'ble High Court the meetings of the Secured Creditors, Unsecured Creditors and Equity Shareholders were held on August 11, 2006 and the proposal of the Company was approved by the Creditors as well as members with requisite majority. The Cop

Fcl Technologies & Products Limited has informed the Exchange that the Honourable Delhi High Court vide its Order dated July 07, 2006 had directed holding of meetings of Secured Creditors, Unsecured Creditors and equity Shareholders of the Company inter-alia to seek their approvals to the Scheme of Amalgamation. The company has further informed that as directed by the Hon'ble High Court the meetings of the Secured Creditors, Unsecured Creditors and Equity Shareholders were held on August 11, 2006 and the proposal of the Company was approved by the Creditors as well as members with requisite ma

Flex Engineering Ltd has informed the Exchange that the Honourable Delhi High Court vide its Order dated July 07, 2006 had directed holding of meetings of Secured Creditors, Unsecured Creditors and equity Shareholders of the Company inter-alia to seek their approvals to the Scheme of Amalgamation. The company has further informed that as directed by the Hon'ble High Court the meetings of the Secured Creditors, Unsecured Creditors and Equity Shareholders were held on August 11, 2006 and the proposal of the Company was approved by the Creditors as well as members with requisite majority. The Cop

Videocon Industries Limited had informed the Exchange that the Company had fixed August 25, 2006 as record date for determining the Equity share holders of erstwhile EKL Appliances Limited, entitled for allotment of equity shares pursuant to scheme of amalgamation of EKL Appliances Limited with the company. In this regard, the Company has now informed the Exchange that the Company has rescheduled the Record Date and fixed September 25, 2006 as Record Date instead of August 25, 2006, for determining the Equity Shareholders' of erstwhile EKL Appliances Limited who are entitled for allotment of E

Gmr Industries Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on August 12, 2006 have taken the following decisions. (i) To de-merge the Ferro Alloys Division to a Separate Company "GMR Ferro Alloys & Industries Limited", subject to approvals from Shareholders, Stock Exchanges and High Court of Andhra Pradesh and other authorities as may required. The Board has approved the adoption of the Valuation Report submitted by M/s. Deloitte Haskins and Sells (DHS) which forms the basis for the issue of shares to the members of the demerged company (G

BSML, currently, is a subsidiary of the Company, which is implementing a project for construction of an Integrated Sugar Complex with 3500 Tonnes Crushing per Day (TCD) expandable to 5000 TCD, Cogeneration Power Plant with 24 MW and 45 KLD of Distillery Plant at a cost Rs. 274 Crores. The appointed date of merger is April 01, 2006.

Remsons Industries Ltd has informed the Exchange that the Hon'ble High Court of Bombay has on August 11, 2006 approved the Scheme of Amalgamation of Daman Auto Industries Limited, Rems Auto Engineers Limited and Remsons Auto Industries Private Limited with Remsons Industries Limited.

Shri Ramrupai Balaji Steels Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on August 11,2006 have, subject to further review, approved in principle, the merger of the Company with Jai Balaji Sponge Limited along with the appointment of consultants and valuers to assist the Company in the process.

Jai Balaji Sponge Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on August 11,2006 have, subject to further review, approved in principle, the merger of Shri Ramrupai Balaji Steels Limited with the Company along with the appointment of consultants and valuers to assist the Company in the process.

Jaiprakash Associates Limited has 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.

Indiabulls Financial Services Limited has informed the Exchange that the Company has on August 7, 2006, filed an Application under Section 391 of the Companies Act, 1956 with the Hon'ble High Court of Delhi, New Delhi, seeking its approval to the demerger of the Company's Real Estate Business to IBREL(Indiabulls Real Estate Ltd)(which would be a separately traded public company once the proposed demerger is completed ), and for its direction to convene and hold meetings of the Equity Shareholders and Unsecured Creditors of the Company in this behalf. Upon demerger of the Real Estate Business,

Igate Global Solutions Limited has informed the Exchange that in terms of the certificate dated August 01,2006 issued by the Secretary of the State of Delaware, the Symphoni Interactive LLC, a majority owned subsidiary (99.99%) of the company incorporated in the State of Delaware, USA, has been merged with the Company. The assets and liabilities of the above subsidiary have been transferred to the branch office of the company in the USA consequent to the merger.

Nicco Corporation Ltd had informed the Exchange regarding the Scheme of Arrangement for Reorganisation of the Share Capital of the Company. The company has now informed the Exchange that the Scheme has been duly approved by the Hon'ble High Court at Kolkata. The Scheme comes into effect only after filing of the Certified Copy of the Order of the Hon'ble High Court with the office of the Registrar of Companies, Kolkata.

Mcdowell & Company Limited has informed the Exchange that the Company is in the process of consolidation of the spirits business, through a Composite Scheme of Arrangement (Scheme). While the Scheme had been sanctioned by the Hon'ble High Courts in the case of the Company, Herbertsons Limited, Phipson Distillery Limited, United Spirits Limited, United Distillers India Limited, Mcdowell International Brands Limited and Mcdowell India Spirits Limited, similar sanction of the Scheme in the case of Shaw Wallace Distilleries Limited, Baramati Grape Industries Limited and Triumph Distillers & Vintne

Mcdowell & Company Limited has informed the Exchange that the Hon'ble High Court of Bombay has sanctioned the Composite Scheme of Arrangement in the case of Triumph Distillers & Vintners Private Limited, Baramati Grape Industries Limited and Shaw Wallace Distilleries Limited. With this, the Scheme has been sanctioned by the High Courts of Karnataka and Mumbai in respect of all the Companies. The Scheme will become effective upon filing of the certified copies of the Orders of all the Companies with the respective Registrar of Companies.

Television Eighteen India Ltd. has informed the Exchange that pursuant to the sanction to the Scheme of Arrangement by the Hon'ble High Court of Delhi, Network 18 Fincap Private Limited (previously known as SGA Finance and Management Services Private Limited) has acquired 3,00,000 equity shares of Television Eighteen India Limited ("TV18") from Mr. Raghav Bahl by way of block deal executed on the stock exchange on August 04, 2006 at Rs.640.00 per share.

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Company reviewed at its meeting held on August 02, 2006 the status of various approvals from contracting counter parties. The Board after due deliberation concluded that it was not possible to proceed with the Scheme of De-merger of the offshore services business into a seperate company Great Offshore Limited as all the conditions for arriving at the Effective Date of the Scheme were not fulfilled within the stipulated time of six months from the date of the Bombay High Court order approving the Scheme. Further the Company has

Sasken Communication Technologies Limited has informed the Exchange that Hon'ble High Court of Karnataka at Bangalore by its order dated June 30,2006 approved the Scheme of Amalgamation of Sasken Network Systems Limited, a wholly owned subsidiary of the Company.

Television Eighteen India Ltd. has informed the Exchange that pursuant to the sanction to the Scheme of Arrangement by the Hon'ble High Court of Delhi, Network 18 Fincap Private Limited (previously known as SGA Finance and Management Services Private Limited) has acquired 2,00,000 equity shares of Television Eighteen India Limited ("TV18") from Mr. Raghav Bahl by way of block deal executed on the stock exchange on August 03, 2006 at Rs. 650.25 per share.

Sree Rayalaseema Hi-Strength Hypo Limited has informed the Exchange that the Scheme of arrangement under section 391 to 394 of the Companies Act, 1956 has been sanctioned by the Honurable High Court of Andhra Pradesh vide its order dated June 15,2006 and the same has been considered and taken on record by the company in the Board Meeting held on July 25,2006. As per the Scheme the chemical unit of the Company will be transferred to SARAC Chemicals Limited and hence the final audited results after implementation of the scheme will be considered and declared by the Board later. Hence, there will

Videocon Industries Limited has informed the Exchange that the Company has fixed August 25,2006 as record date for determining share holders of EKL Appliances Limited, entitled for allotment of equity shares pursuant to scheme of amalgamation of EKL Appliances Limited with the company.

Hotel Leela Venture Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on July 31, 2006 have approved the following: (a) The Scheme of Amalgamation of Kovalam Hotels Ltd with the Company. (b) Approved the passing of a resolution under Section 293 (1)(a) under the Postal Ballot Scheme.

Adlabs Films Limited has informed the Exchange that the Unsecured Creditors of the company at the Meeting convened as per the Order of the Hon'ble High Court of Judicature at Bombay held on July 29,2006 have with requisite majority, both in value and number, approved the Composite Scheme of Amalgamation and Arrangement between Adlabs Films Limited, Entertainment One (India) Limited, Reliance Unicom Limited and Mukta Adlabs Digital Exhibition Private Limited under Sections 391 to 394 of the Companies Act, 1956.

Adlabs Films Limited has informed the Exchange that the Equity Shareholders of the company at the Meeting convened as per the Order of the Hon'ble High Court of Judicature at Bombay held on July 29,2006 have with requisite majority, both in value and number, approved the Composite Scheme of Amalgamation and Arrangement between Adlabs Films Limited, Entertainment One (India) Limited, Reliance Unicom Limited and Mukta Adlabs Digital Exhibition Private Limited under Sections 391 to 394 of the Companies Act, 1956.

Bsl Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on July 27, 2006 have approved the scheme of amalgamation of BSL Wulfing Limited with the Company subject to approval from shareholders and creditors and other regulatory authorities.

Gitanjali Gems Limited has informed the Exchange that the Company has entered into a Shareholder's Agreement with Modern India Limited to form a Joint Venture (JV) by way of subscription to equal number of Equity Shares of Modali Distributors Private Limited. The Joint Venture Company will carry on the business of distributionship primarily of jewellery and jewellery related products.

Ghcl Limited has informed the Exchange that the Company through its overseas wholly owned subsidiary has acquired 100% equity in ROSEBYS, a leading retail home textile chain in UK having a turnover of approximately US$ 210 million, for US$ 50 million inclusive of other costs.

Mcdowell & Company Limited has informed the Exchange that the Hon'ble Bombay High Court has sanctioned the Composite Scheme of Arrangement ("Scheme") in the case of Herbertsons Limited on July 31, 2006 for amalgamation of Herbertsons Limited with the Company. The Scheme has also been sanctioned by the Hon'ble Karnataka High Court on July 28, 2006 in the case of Phipson Distillery Limited, United Spirits Limited, United Distillers India Limited, Mcdowell International Brands India Limited & McDowell India Spirits Limited and in the case of McDowell & Company Limited on June 23, 2006. Sanction

Man Industries (India) Ltd. has informed the Exchange that: 1) The Board of Directors approved the de-merger scheme of the Aluminum Division of the Company. The Scheme of De-merger approved by the Board of the Company envisages a share exchange ratio of One equity share of the face value of Rs.10/- each of the Resulting Company for every Eight equity shares of the face value of Rs.10/- each of Man Industries (India) Limited. The Scheme of De-merger is, inter alia, subject to the approval of the shareholders of the Company, the High Court of Judicature at Mumbai and all other requisite permissi

Suven Life Sciences Limited has informed the Exchange that shareholders in the Court convened meeting held on July 31,2006, have approved the Scheme of Amalgamation between the company with Asian Clinical Trials Limited.

Adlabs Films Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on July 29,2006 has approved an amendment to the Appointed Date for the demerger of the Radio Business of Adlabs films Limited into Reliance Unicom Limited pursuant to the Composite Scheme of Amalgamation and Arrangement between Adlabs Films Limited and Entertainment One (India) Limited and Reliance Unicom Limited and Mukta Adlabs Digital Exhibition Private Limited and their respective shareholders and creditors. The Appointed Date for the aforesaid demerger will be changed from Apri

Numeric Power Systems Limited has informed the Exchange that the Board of Directors considered the scheme of Arrangement under Sections 391 to 394 of the Companies Act, 1956, involving the transfer of the Uninterrupted Power Supply (UPS) Systems manufacturing business of Numeric Electronics Private Limited by way of Demerger and vesting the same in Numeric Power Systems Limited and approved the valuation Report and The Scheme of Arrangement. The Board resolved to file the approved Valuation Report and the Scheme of Arrangement with the Stock Exchanges for necessary approval.

Amtek Auto Ltd has informed the Exchange that Amtek Investment U.K. Limited, a 100% U.K. based subsidiary of Amtek Auto Limited, has acquired the remaining 11.60% share capital of its subsidiary GWK Amtek Limited. With this acquisition, the stake of Amtek Investments U.K. Limited in GWK Amtek Limited has increased to 100%.

Melstar Information Technologies Ltd. has informed the Exchange that in accordance with the directions of the Hon'ble High Court of Bombay in Company Application No. 681 of 2006, meeting of equity shareholders was convened and held on July 27, 2006 and the equity shareholders have approved the Scheme of Arrangement of Melstar Fashions Private Limited with Melstar Information Technology Limited with requisite majority.

Southern Petrochemicals Industries Corporation Ltd. has informed the Exchange that at the meeting of the Board of Dierctors of the Company held on July 28, 2006, the Directors of the Company approved the Scheme of Amalgamation of the following three unlisted, wholly owned subsidiaries viz., 1) SPIC Holdings and Investments Limited (SHIL); 2) SPIC Biotechnologies Limited; and 3) Mitocon Biotec Limited (wholly owned subsidiary of SHIL), with the Company, subject to the approval of the Shareholders and the sanction of the Hon'ble High Court of Judicature at Madras. A Committee of Directors has be

Infomedia India Ltd had informed the Exchange that the Hon'ble High Court of Judicature at Bombay has on June 16, 2006 approved the Scheme of Arrangement u/s read with Sections 100 to 103 of the Companies Act, 1956 filed by the Company for purchase and consequent cancellation of its equity shares. The said Scheme envisages the following: (a) Across the board buyback of 14 % of paid-up Equity Share Capital of the Applicant Company at a price of Rs.245/- per Equity Share; (Clause 4.1 of the Scheme) and (b) The Scheme also gives option to the Shareholders holding 50 Equity Shares or less to tend

In accordance with the Order above, the Company shall: a) Purchase 14% of the Equity Shares held by every Shareholder as on the Record Date, (August 18, 2006) whether held in physical form or in dematerialized form, for a consideration of Rs.245/- per Equity Share. Any fraction arising on the purchase of the Equity Shares in the proportion mentioned above shall be rounded off to the nearest integer. No action will be required on the part of the shareholder, in terms of the Scheme. b) The Shareholders holding 50 (fifty) Equity Shares or less per ledger folio in physical form and / or per Client

Williamson Magor & Co. Limited has informed the Exchange that they as on July 28, 2006 have sold 8,36,711 Equity Shares of Rs.5/- each of Mcleod Russel India Limited representing 0.85% of the expanded capital of the said Company in the open market.

Jindal Drilling And Industries Limited has informed the Exchange that the Hon'ble High Court for the States of Punjab & Haryana at Chandigarh in the hearing held on July 27, 2006 has approved the Merger of Newsco Newtech Pvt Ltd and Discovery Hydrocarbons Pvt. Ltd with Jindal Drilling & Industries Ltd and Demerger of Casinvest Division of the Company into Haryana Engineering Ltd.

Indian Petrochemicals Corpn. Ltd. has informed the Exchange regarding the Notice of the Hearing of the Petition under Sections 391 to 394 of the Companies Act, 1956 for sanctioning the arrangement embodied in 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 the "Transferor Companies") with Indian Petrochemicals Corporation Limited (the "Transferee Company"). ". The details of the same shall be available on the NSE website (h

Niit Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on July 27,2006 inter-alia approved the following : Acquisition of a USA based learning solution company "Element K Corporation" by its wholly owned Subsidiary in USA.

Central India Polysters Limited has informed the Exchange regarding the Notice of Hearing of the Petition under Sections 391 to 394 of the Companies Act, 1956 for sanctioning the arrangement embodied in 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 the �Transferor Companies�) with Indian Petrochemicals Corporation Limited (the �Transferee Company�). The details of the same shall be available on the NSE website (http://www

Mphasis Bfl Limited has informed the Exchange that the Board of Directors of the Company has passed a resolution by circulation by which the proposal to amalgamate the entire business and undertaking of EDS Electronic Data Systems (India) Pvt Ltd ("EDS India") into the Company in terms of a scheme of amalgamation under section 391-394 of the Companies Act 1956 was considered and approved. The proposed scheme of amalgamation provides that upon its sanction, the merger will take effect from the appointed date i.e. April 01, 2006 ("The Appointed Date"). All assets, liabilities and obligations of

The company has issued the press release dated July 26, 2006 titled "EDS-India to merge into Mphasis". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Sasken Communication Technologies Limited has informed the Exchange the Board of Directors of the Company took the following decisions at its meeting held on July 26, 2006 :- 1) Acquisition: 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. Established in 1989, Botnia offers total wireless design services in different wireless technologies, communication protocols and standards as well as integrating hardware and software d

Gitanjali Gems Limited has informed the Exchange that in line with the policy of strategic acquisitions, the Company has acquired 100% Shares of Desire Lifestyle Private Limited for further expansion in retail operations. The Company has further stated that Desire Lifestyle Private Limited, a Company incorporated under Companies Act, 1956, having its registered office at Mumbai, is engaged in the business of retailing of jewellery. By way of this acquisition of shares, Desire Lifestyle Private Limited has become a wholly owned subsidiary of the Company.

The Dhampur Sugar Mills Ltd has informed the Exchange that the Board at its meeting held on July 25,2006, has considered and approved in-principal the merger of a wholly owned subsidiary company i.e. DSM Hitech Products Ltd., with the Company.

Zee Telefilms Ltd has informed the Exchange that the Members of the Company at two Court Convened General Meetings and one EGM, held on July 25,2006, have approved the : 1) Scheme of Arrangement between Zee Telefilms Ltd, Zee News Ltd, Siti Cable Network Ltd, Wire and Wireless (India) Ltd and their respective shareholders made under the provisions of Sections 391 to 394 read with Sections 78, 100 to 103 and other applicable provisions of the Companies Act, 1956, for the proposed De-merger of News Business undertaking of the Company in favor of Zee News Ltd and Cable Business undertakings of th

Reliance Communications Limited has informed the Exchange that the Hon'ble High Court of Judicature at Bombay has on July 21,2006 sanctioned the Scheme of Amalgamation and Arrangement, under Sections 391 to 394 of the Companies Act, 1956 (the "Scheme") providing for, inter alia, the amalgamation of (1) Reliance Infocomm Limited (2) Reliance Communications Solutions Private Limited, (3) Reliance Software Solutions Private Limited, (4) Reliance Communications Technologies Limited, (5) Ambani Enterprises Private Limited, (6) Reliance Business Management Private Limited, (7) Formax Commercial Priv