Corporate announcements

Videocon Industries Limited has informed the Exchange that the Scheme of Amalgamation of EKL Appliances Limited with Videocon Industries Limited has become effective on July 21,2006, upon filing of the Orders passed by the Hon'ble High Court of Judicature at Bombay sanctioning Scheme of Amalgamation, with the Registrar of Companies, Maharashtra, Mumbai.

Bank Of Baroda has informed the Exchange that the Board of Directors of the Bank has accorded its "In-Principle Approval" for Merger of the "The Nainital Bank Limited" with "Bank of Baroda", which is subject to the further approvals/ratifications/ formalities as may be needed in this regard as per RBI directives including the approval of Reserve Bank of India.

Aurionpro Solutions Limited has informed the Exchange that the Board in its duly convened Board Meeting held on July 20, 2006 has considered and approved the MOU signed by the Company to acquire SPS Corporation, USA, a profit making IT company with a team of 93 people and a revenue of USD 9.2 mn for the trailing twelve months, ending March 2006. As per the terms of this MOU, the acquisition would be funded through a mix of cash and stock.

Shyam Telecom Ltd has informed the Exchange regarding the benefits available to the shareholders of the company under the Scheme of Arrangement as approved by the Hon'ble High Court of Rajasthan. The Scheme contemplates distribution of 25,59,57,500 (Twenty five crores fifty nine lacs fifty seven thousand five hundred) equity shares of the face value of Rs.10/- each aggregating to Rs.255,95,75,000 (Rupees two fifty five crores ninty five lacs seventy five thousand only) as on the transfer date held by the share holders without any consideration in proportion to their share holding in the Amalga

Ansal Properties & Infrastructure Limited has informed the Exchange that the Equity Shareholders and Secured Creditors of Ansal Properties & Infrasturcture Limited (APIL) and the Unsecured Creditors of Ansal Township & Projects Ltd (ATPL) had approved the proposed scheme of amalgamation and arrangement of ATPL with APIL in their respective meetings, held on July 03, 2006.

Reliance Capital Limited has informed the Exchange that :- 1) The High Court of Gujarat at Ahmedabad vide its order dated June 22, 2006 and the High Court of Judicature at Bombay vide its order dated June 23, 2006 sanctioned the Scheme of Amalgamation and Arrangement between Reliance Capital Ventures Limited (the "Transferor Company"), Reliance Capital Limited (the "Transferee Company") and their respective Shareholders and Creditors ("Scheme"). 2) Upon filing of the said orders with the Registrar of Companies, Gujarat, Ahmedabad, the Scheme has become effective on July 17, 2006. 3) In accorda

Reliance Energy Limited has informed the Exchange that :- 1) The High Court of Judicature at Bombay vide its order dated June 23, 2006 sanctioned the Scheme of Amalgamation and Arrangement between Reliance Energy Ventures Limited (the "Transferor Company"), Reliance Energy Limited (the "Transferee Company") and their respective Shareholders and Creditors ("Scheme"). 2) Upon filling of the said order with the Registrar of Companies, Maharashtra, Mumbai, the Scheme has become effective on July 17, 2006. 3) In accordance with the Scheme, Reliance Energy Limited (REL) is required to issue and allo

Jindal Stainless Limited has informed the Exchange that on July 13,2006, the Hon'ble High Court of Punjab & Haryana, Chandigarh has approved the Scheme of Arrangement for hiving off of Life Style Product Division and Architecture Division of the company to Austenitic Creations Private Limited and Jindal Architecture Limited respectively.

Nagreeka Exports Ltd has informed the Exchange that the shareholders of the company has approved the Scheme of Arrangement under Court convened meeting of the Equity Shareholders on July 11, 2006 with one modification.

Torrent Power Sec Limited has informed the Exchange that the Hon'ble High Court of Gujarat at Ahmedabad has passed an order on July 12, 2006 sanctioning the scheme of Arrangment including amalgamation u/s 100, 391 to 394 of the Companies Act, 1956, of Torrent Power SEC Limited, Torrent Power AEC Limited and Torrent Power Generation Limited with Torrent Power Limited. The formal order of the Hon'ble High Court in this respect is awaited.

Torrent Power Aec Limited has informed the Exchange that the Hon'ble High Court of Gujarat at Ahmedabad has passed an order on July 12, 2006 sanctioning the scheme of Arrangement including amalgamation u/s 100, 391 to 394 of the Companies Act, 1956, of Torrent Power AEC Limited, Torrent Power SEC Limited and Torrent Power Generation Limited with Torrent Power Limited. The formal order of the Hon'ble High Court in this respect is awaited.

Television Eighteen India Ltd. has informed the Exchange that Mr. Haresh Chawla C.E.O. of the Company has informed the company that he has sold 2,50,000 shares of the company over the last four days in the open market. These shares were acquired by him under the Company's Employees Stock Purchase Plan (ESPP). He intends to use the proceeds for subscribing to future allotments under the Company's ESOP / ESPP program.

Thermax Ltd has informed the Exchange that the Board of Directors has approved, vide circular resolution passed by majority on July 10, 2006, a Scheme of Amalgamation of following wholly-owned subsidiaries with the Company :- (a) Thermax Co-gen Limited. (b) Thermax Electronics Limited. (c) Winman Gas Limited.

Bank Of Baroda had informed the Exchange regarding the decision of the bank to merge its housing finance subsidiary i.e. "BOB Housing Finance Ltd" (BOBHFL) with itself. The Company has now informed the Exchange that a Scheme of Merger of BOB Housing Finance Ltd, a wholly owned subsidiary of the Bank, with Bank of Baroda, has been approved by the BoDs of the Bank on July 06, 2006, which is subject to further approval/adoption/filing at the end of BOBHFL/Bank of Baroda as may be needed in due compliance of relevant laws/RBI's directives in this regard.

Mcdowell & Company Limited has informed the Exchange that Mcdowell & Company Limited had proposed a Composite Scheme of Arrangement for amalgamation of Shaw Wallace Distilleries Limited, Herbertsons Limited and six other operating companies with McDowell & Company Limited and demerger of the investment business of the Company into McDowell India Spirits Ltd. Necessary applications have already been filed into High Courts of Karnataka and Bombay. In fact, the application filed by Mcdowell & Company Limited before the High court of Karnataka at Bangalore has already been allowed by the High Cour

Ruchi Soya Industries Ltd. has informed the Exchange that the Hon'ble High Court at Mumbai has approved the following Scheme of Amalgamation :- 1) Scheme of Amalgamation of Aneja Solvex Ltd. (Aneja) and Ruchi Credit Corporation Ltd. (RCCL) with Ruchi Soya Industries Ltd. (RSIL) and their respective shareholders envisaging amalgamation of Aneja and RCCL into RSIL. 2) 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 Ruc

Jain Irrigation Systems Limited had informed the Exchange that July 17, 2006 will be the Record Date for the purpose of issue and allotment of Equity Shares of the Company to those Shareholders of Terra Agro Technologies whose name appear in the Register of Members of Terra Agro Technologies Ltd as per exchange ratio (48 shares Terra Agro Technologies Ltd shares get 4 Jain Irrigation Systems Ltd. Shares) in the Scheme of Amalgamation approved by the Hon'ble High of judicature at Bombay and Madras Vide Order dated April 24, 2006 and June 14, 2006 respectively. The Company has now informed the

Mcdowell & Company Limited has informed the Exchange that the Board of Directors of the Company, at their meeting held on September 22,2005 had approved the following schemes: 1) Scheme of Amalgamation of Asian Opportunities and Investments Limited, a wholly owned subsidiary of the Company, with the Company; and 2) Scheme of Amalgamation of Zelinka Limited, a wholly owned subsidiary of the Company, with the Company. The company has now informed the Exchange that due to business needs, the Board of Directors have decided to withdraw the above schemes and would not proceed with the merger. Neces

Jain Irrigation Systems Limited has informed the Exchange that July 17, 2006 will be the Record Date for the purpose of issue and allotment of Equity Shares of the Company to those Shareholders of Terra Agro Technologies whose name appear in the Register of Members of Terra Agro Technologies Ltd as per exchange ratio (48 shares Terra Agro Technologies Ltd shares get 4 Jain Irrigation Systems Ltd. Shares) in the Scheme of Amalgamation approved by the Hon'ble High of judicature at Bombay and Madras Vide Order dated April 24, 2006 and June 14, 2006 respectively.

Ibp Co. Ltd. has informed the Exchange the Shareholders of IBP Co. Limited have at the Meeting Convened and held- pursuant to Order of the Hon'ble Ministry of Company Affairs (being the Competent Authority to approve amalgamation in Government Companies)- on June 29, 2006, voted overwhelmingly in favour of merger of IBP Co. Limited (which is a subsidiary of Indian Oil Corporation Limited) with Indian Oil Corporation Limited.

Novopan Industries Limited has informed the Exchange that in order to consolidate the GVK Group's Particle board related operations and to achieve synergy in production, procurement, marketing and overall managerial operations and to achieve the ultimate goal of maximizing the wealth of the Investors, the Board of Directors of the company at its meeting held on June 25, 2006 has approved the following mergers with Novopan Industries Limited w.e.f April 01, 2006. (i) Merger of Particle Board division of GVK Novopan Industries (P) Ltd. (ii) Merger of Resin Division of GVK Petrochemicals (P) Ltd.

Ceat Ltd had informed the Exchange that a Scheme of Amalgamation of CEAT Holdings Limited, CEAT Ventures Limited and Meteoric Industrial Finance Company Limited with CEAT Limited was approved at the meeting of the equity shareholders of the Company held on February 10,2006 convened as per directions of the Hon'ble High Court of Judicature at Bombay. Subsequently, the transferor and transferee company had filed their respective petitions before the Hon'ble Court for approval. The company has now informed the Exchange that the Hon'ble Court has approved the said Scheme of Amalgamation on June 30

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 15.91% in the total shareholding of the Company, has sold 45,000 shares at Market Price on July 03, 2006. After this transaction the shareholding of M/s. Strategic Ventures Fund (Mauritius) Ltd has come down to 15.83% from 15.91%.

Pearl Global Ltd has informed the Exchange that the Company has filed, Scheme of Arrangement, for Amalgamation of Pearl Styles Limited and City Estates Pvt. Ltd. with Pearl Global Limited, with Hon'ble High Court of Delhi at New Delhi, on July 03,2006.

Videocon Industries Limited has informed the Exchange that the Hon'ble High Court of Judicature at Bombay has sanctioned the Scheme of Amalgamation of EKL Appliances Limited with Videocon Industries Limited. The Scheme will become effective upon filing of Order passed by the Hon'ble High Court of Judicature at Bombay with Registrar of Companies, Mumbai.

Mcleod Russel India Limited has informed the Exchange that the Scheme of Amalgamation of Williamson Tea Assam Limited with the Company pursuant to Sections 391 and 394 of the Companies Act, 1956 has been approved by the Hon'ble High Court at Calcutta and Gauhati High Court with retrospective effect from April 01,2005 vide Orders dated May 19,2006 and June 07,2006 respectively. The aforesaid Court Orders approving the said Scheme have been filed with the Registrar of Companies, Calcutta and Shilong on June 28,2006 and the Scheme has become effective on and from June 28,2006.

Indiabulls Financial Services Limited has informed the Exchange that Lloyd George Investment Management (Bermuda) Limited has sold 3,321,384 shares aggregating 2.06% of the total paid up capital of Indiabulls Financial Services Limited. The total shareholding of Lloyd George Investment Management (Bermuda) Limited after the said sale is 775,266 shares aggregating 0.48% of the total paid up capital of Indiabulls Financial Services Limited.

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 16.30% in the total shareholding of the Company, has sold 2,05,000 shares at Market Price on June 30, 2006. After this transaction the shareholding of M/s. Strategic Ventures Fund (Mauritius) Ltd has come down to 15.91% from 16.30%.

Prime Focus Limited has informed the Exchange that the Company is in discussions regarding a potential acquisition of a UK based Company at London by the name of Clear (Post Production) Limited by Prime Focus Limited and VTR Group PLC. A copy of brief note on the transaction shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Aditya Birla Nuvo Limited has informed the Exchange that the Scheme of Amalgamation between BGFL and ABNL (formerly Indian Rayon and Industries Ltd.) and their respective shareholders and creditors, has been sanctioned by the Hon'ble High Court of Gujarat at Ahmedabad vide its order dated June 17,2006. Earlier the Scheme has already been sanctioned by Hon'ble Bombay High Court vide its Order dated January 27,2006.

Birla Global Finance Ltd has informed the Exchange that the Scheme of Amalgamation between Birla Global Finance Limited (BGFL) and Aditya Birla Nuvo Limited (ABNL) (formerly Indian Rayon and Industries Ltd.) and their respective shareholders and creditors, has been sanctioned by the Hon'ble High Court of Gujarat at Ahmedabad vide its order dated June 17,2006. Further, the Scheme has already been sanctioned by Hon'ble Bombay High Court vide its Order dated January 27,2006.

The Karnataka Bank Limited has informed the Exchange that M/s Citigroup Global Mkts (Mauritius) Pvt.Ltd. has sold 206500 shares of Karnataka Bank Limited on May 23, 2006. The shareholding of M/s Citigroup Global Mkts (Mauritius) Pvt. Ltd. after the said sale is 5920690 shares aggregating to 4.88% of the total share capital of The Karnataka Bank Limited.

Aban Loyd Chiles Offshore Ltd. had informed the Exchange regarding acquisition of 33.76% shares in Sinvest ASA by the Company's wholly owned subsidiary Aban Singapore Pte. Ltd. The company has now informed the Exchange that ASPL on June 28,2006 has successfully completed the acquisition of 33.76% of the voting share capital of Sinvest ASA, a Company incorporated under the laws of the Kingdom of Norway and listed on the Oslo Stock Exchange from the Skeie Group AS ("SG") with whom ASPL had entered into a definitive Share Purchase Agreement on June 15,2006.

Mcleod Russel India Limited has informed the Exchange that with the filing of the Certified Copies of the Order dated May 19,2006 of the Hon'ble High Court at Calcutta and the Order dated June 07,2006 of the Hon'ble Gauhati High Court approving the Scheme of Amalgamation with the Office of the Registrar of Companies at Calcutta and Shillong respectively on June 28,2006, the Scheme of Amalgamation of Williamson Tea Assam Limited with the Company has become effective from June 28,2006.

Mphasis Bfl Limited has informed the Exchange that the Board of Directors of the company met on June 27,2006 and noted the completion of the Open Offer for acquisition of shares by TH Holdings along with Electronic Data Systems Corporation (EDS) and the consequent transfer of 83,000,000 shares to TH Holdings. Further, at this meeting, the Board also appointed the following representatives of EDS as Additional Directors on the Board of the Company: (i) Mr. Steve Heidt, (ii) Mr. Thomas Haubenstricker, (iii) Mr. Douglas Davis, (iv) Mr. Paul Currie, (v) Mr. Joseph Eazor, (vi) Mr. Ron Vargo. The Di

Nucleus Software Exports Limited has informed the Exchange that Mr. Arun Jain, a promoter of the Company, who is no longer associated with the management of the Company has sold 70,952 shares aggregating to 0.44% of the paid up share capital of the Company, during the week ended June 23, 2006. His post-transaction shareholding in the Company is 362,883 shares (2.25% of the paid up share capital of the Company).

Novopan Industries Limited has informed the Exchange that the Board of Directors at their meeting held on June 25,2006 have approved the following proposals with a view to consolidate Particle Boards Operations of GVK Group and to achieve synergy in production, procurement, marketing and overall managerial operations of group's Particle Boards related activities. 1) Merger of GVK Novopan Industries (P) Ltd with Novopan Industries Limited. 2) Merger of Resin Division of GVK Petrochemicals (P) Ltd with Novopan Industries Limited. 3) Merger of Novofurniture (P) Ltd with Novopan Industries Limited

Inox Leisure Limited has 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 has informed that the BODs has also, at the said Board Meeting, appointed various intermediaries for the transaction such as Legal Advisors, Valuers and Merchant Bankers

Reliance Capital Ventures Limited has informed the Exchange that the Hon'ble High Court of Judicature at Bombay on June 23, 2006 passed an order sanctioning the Scheme of Amalgamation of Reliance Capital Ventures Limited with Reliance Capital LImited.

Tata Coffee Limited has informed the Exchange that the Company has signed a definitive agreement to acquire Eight 0� Clock Coffee Company (�EOC�), U.S.A from Gryphon Investors for a total acquisition price of US $ 220 million. Further, the Company has informed that, EOC has over 100 years of brand history and retail coffee experience in the U.S. it is a leading player in the branded whole bean and a category leader in the value gourmet segment in the U.S. retail market. Within the broad U.S. retail coffee category, EOC is the third largest brand by volume behind Folgers and Maxwell House. EOC

Reliance Energy Limited has informed the Exchange that the Hon'ble High Court of Bombay on June 23, 2006 passed an order sanctioning the Scheme of Amalgamation of Reliance Energy Ventures Limited with Reliance Energy Limited.

Reliance Energy Ventures Limited has informed the Exchange that the Hon'ble High Court of Bombay on June 23, 2006 passed an order sanctioning the Scheme of Amalgamation of Reliance Energy Ventures Limited with Reliance Energy Limited.

Reliance Capital Limited has informed the Exchange that the Hon'ble High Court of Gujarat at Ahmedabad has approved the Scheme of amalgamation and arrangement of Reliance Capital Ventures Limited with the Company.

Scandent Solutions Corporation Limited has informed the Exchange that all the conditions pertaining to amalgamation of Cambridge Services Holdings LLC with Scandent Solutions Corporation Limited have been complied with, subsequent to which the scheme is effective on June 20, 2006. The Company has further informed the Exchange that the name of the Company is changed to CAMBRIDGE SOLUTIONS LIMITED.

Nucleus Software Exports Limited has informed the Exchange that Mr. Arun Jain, a promoter of the Company, who is no longer associated with the management of the Company has sold 46,645 shares aggregating to 0.29% of the paid up share capital of the Company, during the week ended June 16, 2006. His post-transaction shareholding in the Company is 433,835 shares (2.69% of the paid up share capital of the Company).

Aditya Birla Nuvo Limited had informed the Exchange that the BODs of Aditya Birla Nuvo Ltd.in its meeting held on April 10, 2006, has autorised the Company to acquire, either by itself and / or its subsidiaries 3389.29 lacs equity shares representing 15% of the equity capital of Idea Cellular Ltd. for Rs.1373 Crores, subject to necessary approvals.After the conclusion of the transaction, the equity holding of the Company and its subsidiaries in Idea Cellular Ltd. will increase from 20.74% to 35.74%. The company has now informed the Exchange that Aditya Birla Nuvo Limited (ABNL) has completed

Nicholas Piramal India Ltd. has informed the Exchange that the acquisition of Pfizer's Morpeth UK Facility has been completed on June 19, 2006 as scheduled. As mentioned earlier, the acquisition has been effected by NPIL through its wholly owned subsidiary in the UK viz. NPIL Pharmaceuticals (UK) Limited. (earlier, Avecia Pharmaceuticals, UK).

Essar Steel Limited has informed the Exchange that the Hon'ble High Court of Gujarat at Ahmedabad, pursuant to Section 391/394 of the Companies Act, 1956 has approved the Scheme of Amalgamation of Hy-Grade Pellets Ltd and Steel Corporation of Gujarat Ltd with Essar Steel Ltd and the Scheme of Reconstruction of Capital of Essar Steel Ltd. This approval is preceded by similar approval of Hon'ble Andhra Pradesh High Court in the same matter, which approval was subject to approval of Gujarat High Court. As such all Court approvals in this regard have been received.

Infomedia India Limited has informed the Exchange that Hon'ble High Court of Judicature at Bombay has approved the Scheme of Arrangement u/s 391 read with Sections 100 to 103 of the Companies Act, 1956 filed by the Company for purchase and consequent cancellation of its equity shares on June 16, 2006. The written order is awaited. On the Scheme becoming effective (i.e. after a certified copy of the order sanctioning the Scheme is obtained from the Court and the same is filed with the Registrar of Companies) the Board of Directors of the Company, in consultation with stock exchanges, would be f

Sakthi Sugars Ltd. has informed the Exchange that Sakthi Auto Component Limited (SACL), a wholly owned subsidiary of the Company, has acquired 51.83% of the equity share capital of Bonomi Belgium Ventiel India Private Limited, Idigarai Road, N.G.G.O.Colony, Coimbatore, Tamilnadu. With this acquisition, Bonomi Belgium Ventiel India Private Limited has become subsidiary of SACL with effect from June 06, 2006. By virtue of Section 4(1) of the Companies Act, Bonomi Belgium Ventiel India Private Limited has become a subsidiary of Sakthi Sugars Limited.