Corporate announcements

Television Eighteen India Ltd. has informed the Exchange that Octopus VC Limited person acting in concert (PAC) with the TV 18 Promoter's Group, has informed the Company that they have sold 2,00,000 Shares of TV18 on January 20, 2006 in the open market.

Nagreeka Exports Ltd has informed the Exchange that the BODs of the company at its meeting held on January 19, 2006 passed necessary resolution for demerger of its investment division into a separate company. A certified copy of the resolution shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Tata Metaliks Ltd has informed the Exchange that the company has acquired the assets of Usha Ispat Limited at Redi, Maharashtra from Stressed Assets Stabilization Fund on January 20, 2006 under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 pursuant to being declared as the successful bidder on December 29, 2005.

Jet Airways (India) Ltd. has informed the Exchange that the BODs of the company, at its meeting held on January 19,2006 has considered and approved, subject to receipt of regulatory approvals as may be required, the acquisition by the company of 100% of the fully paid-up equity share capital of Sahara Airlines Limited.

Il&Fs Investsmart Limited has informed the Exchange that the Company has executed an agreement with KP Corporate solutions Private Limited (ESOP Direct), a Pune based entity from KPIT Group to acquire 26% stake in the said company. ESOP Direct is engaged in rendering comprehensive end-to-end ESOP advisory and management services to corporates.

Opto Circuits (India) Limited has informed the Exchange that the Company has acquired M/s Altron Industries (Pvt) Limited, Bangalore for approximate consideration of Rs.52.00 lacs to enhance the company's manufacturing capacity.

Tata Consultancy Services Limited had informed the Exchange that at the board meeting of the company held on July 15,2005,the directors had approved, inter alia,a Scheme of Amalgamation with TCS of the following three unlisted wholly-owned subsidiaries of TCS: a)Airline Financial Support Services(India)Limited, Mumbai; b)Aviation Software development Consultancy India Limited, Chennai and c)TCS Business Transformation Solutions Limited, Bangalore. The company has now informed that upon approval of the Scheme by the Honourable High Courts of Judicature at Bombay,Madras and Karnataka,the Scheme

Geojit Financial Services Limited has informed the Exchange regarding the disclosure received from an employee regarding sale of shares of Geojit Financial Services Ltd: - (1) Sreeraj. P has sold 50 shares on January 13, 2006.

Ibp Co. Ltd. had informed the Exchange that subject to the approval of Government of India, the Board of Directors of the Company had at its Meeting held on December 22, 2004 accorded approval to the Scheme of Amalgamation for Merger of the Company with Indian Oil Corporation Limited ("IndianOil") and recommended the Swap Ratio of 125:100 i.e 125 equity shares of Rs.10 each of IndianOil (the Transferee Company) as fully paid-up for every 100 equity shares of Rs.10 each of IBP (the Transferor company). The Company has further informed that as both the Transferor and the Transferee Companies are

Opto Circuits (India) Limited has informed the Exchange that the Company has completed the acquisition process of Euro Cor Gmbh a Medical Equipment Company in Germany. The Company manufactures Cardiac Stents of various types including Drug Eluting Stents used in Critical Cardiac Care.

Siemens Ltd had informed the Exchange that the 'Scheme of amalgamation' for the merger of Siemens VDO Automotive Ltd., Bangalore, (SVDO), with Siemens Ltd., Mumbai, has been sanctioned by the High Court of Judicature at Bombay on August 12, 2005 and by the High Court of Karnataka, Bangalore on December 05, 2005. The Company has now informed the Exchange that a certified copy of the Order of High court of the Judicature at Bombay was filed with the Registrar of Companies, Mumbai on October 25, 2005 and a certified copy of the Order of the High Court of Karnataka was filed with the Registrar of

Aditya Birla Nuvo Limited has informed the Exchange that the Scheme of Amalgamation between Indo Gulf Fertilisers Limited and Aditya Birla Nuvo Limited (Formerly Indian Rayon And Industries Ltd.) and their respective Shareholders and Creditors has been sanctioned by the Hon'ble High Court, Gujarat at Ahmedabad, vide its order dated January 10, 2006 subject to sanction of the Scheme filed by the Transferor Company before the High Court of Judicature at Allahabad, Lucknow Bench.

Rpg Cables Ltd has informed the Exchange the following: (1) The Equity Shares of the Company have been delisted from the Delhi Stock Exchange Association Limited w.e.f. January 02, 2006. (2) Meetings of the Equity shareholders, Fixed Depositors, Secured Creditors and Unsecured Creditors will be held on February 24, 2006 to consider the Scheme of Arrangement with the Fixed Depositors under Section 391 of the Companies Act, 1956.

Sutlej Industries Ltd. has informed the Exchange that Equity Shareholders, Secured Creditors and Unsecured Creditors of the Company in their respective court convened meetings, (Chaired by Shri Manoj Pareek, being Chairman appointed by the Hon'ble Rajasthan High Court Bench at Jaipur) held at the Registered Office of the Company have approved the Scheme of Arrangement between the Company & Sutlej Textiles and Industries Ltd.

Mahindra Ugine Steel Co. Ltd has informed the Exchange that the Equity Shareholders of the Company at their EGM (Court Convened) held on January 11, 2006 have unanimously approved the Scheme of Amalgamation between Pranay Sheetmetal Stampings Ltd, Valuelines Hotels and Resorts Ltd, Console Estate and Investments Ltd with the Company.

The Federal Bank Ltd has informed the Exchange that Central Government has issued an Order of Moratorium in respect of the Ganesh Bank of Kurundwad Ltd, Registred Office : Kurundwad, Kurundwad - 416106, Kolhapur (District), Maharashtra. The Federal Bank Ltd placed its interest to Reserve Bank of India for acquisition / merger of Ganesh Bank of Kurundwad Ltd with The Federal Bank Ltd. The Reserve Bank examined the proposal received from the Federal Bank keeping in view its financial parameters, retail network and synergies as well as strategic advantages. Taking into account the interest of de

Geojit Financial Services Limited has informed the Exchange regarding the disclosure received from an employee regarding sale of shares of Geojit Financial Services Ltd: - (1) Zeena Rose Varghese has sold 25 shares on January 03, 2006. (2) Jagannath Anant Charatkar has sold 15 shares on January 03, 2006. (3) Gracy K.T. has sold 300 shares on January 03, 2006.

The Federal Bank Ltd has informed the Exchange that upon the learning of the declaration of moratorium of Ganesh Bank of Kurundwad Ltd, in terms of section 45 of the Banking Regulation Act, 1949, the Board of the Bank at its urgent meeting convened on January 8, 2006 has resolved to convey to Government of India/Reserve Bank of India, its expression of interest in acquiring/merging of Ganesh Bank of Kurundwad Ltd with the Federal Bank Ltd..

Ssi Ltd. has informed the Exchange that at the Meeting of the Board of Directors of the Company held on January 09, 2006, the Directors have considered and approved the merger of Buckingham Real Estate and Assets Developers (Madras) Ltd. (BREAD) with the Company under section 391 to 394 of the Companies Act, 1956. The salient features of the merger would be as follows : 1) The Appointed Date of the Scheme is March 31, 2006. 2) The share swap ratio for the merger, as determined by an independent valuer is 642 Equity Shares of SSI Limited for each share of BREAD. The Share Capital of BREAD compr

Gufic Biosciences Limited has informed the Exchange that the Company is planning to buy a manufacturing unit at Haridwar or any other place which are recognised as Special Economic Zones, as part of Company's capacity expansion in the injectible segment.

Reliance Energy Limited has informed the Exchange that at the meeting of the BODs of the company held on January 03,2006,the proposal for amalgamation of reliance Energy Ventures Limited(REVL) with the company was considered and approved. The Scheme of Amalgamation approved by the BODs of the company envisages a share exchange ratio of seven and half equity shares of the face value of Rs.10 each of the company for every one hundred equity shares of the face value of Rs.10 each of REVL(After the allotment of shares pursuant to demerger of RIL).The share exchange ratio is based on the number of

Vintage Cards & Creations Limited has informed the Exchange regarding the Scheme of Arrangement between Vintage Cards & Creations and its equity shareholders and unsecured creditors ("Scheme") approved at the Meeting of the Board of Directors held on December 27, 2005. The salient features of the Scheme are set out below :- (1) The Scheme envisages reduction of the subscribed and paid up share capital of Vintage from Rs. 5,92,94,130 to Rs. 59,29,410 divided into 5,92,941 equity shares of the face value of Rs. 10/- each; (2) Consequently, every equity shareholder of Vintage shall (subject to Cl

Reliance Capital Limited has informed the Exchange that at the meeting of the BODs of the Company held on January 02, 2006, the proposal for amalgamation of Reliance Capital Ventures Limited (RCVL) with the Company was considered and approved. The Scheme of Amalgamation approved by the BODs of the Company envisages a share exchange ratio of Five equity shares of the face value of Rs.10/- each of the Company for every One Hundred equity shares of the face value of Rs.10/- each of RCVL (after the allotment of shares pursuant to the demerger of Reliance Industries Limited). This is based on the r

Aftek Infosys Limited has informed the Exchange that the Company has acquired the remaining 51 per cent stake in the Munich-based Arexera Information Technologies GmbH on December 29, 2005, thus holding 100 per cent of Arexera. The company had earlier informed that they had acquired 49% stake in Arexera with the right to buy the balance.

Hindustan Lever Ltd. has informed the Exchange that the Hon'ble High Court at Bombay has passed Orders on November 25, 2005 and the said Orders were issued on December 02, 2005, approving the Scheme of Amalgamation of Lever India Limited, Lipton India Exports Limited, Merryweather Food Products Limited, TOC Disinfectants Limited and International Fisheries Limited with Hindustan Lever Limited. The Orders have been filed with the Registrar of Companies, Maharashtra, Mumbai on December 30, 2005, making it effective, with retrospective effect from the Appointed Date, viz January 01, 2005 in case

Hindustan Lever Ltd. had informed the Exchange that the Hon'ble High Court at Bombay has passed Orders on November 25, 2005 and the said Orders were issued on December 02, 2005, approving the Scheme of Amalgamation of Lever India Limited, Lipton India Exports Limited, Merryweather Food Products Limited, TOC Disinfectants Limited and International Fisheries Limited with Hindustan Lever Limited. The company has now informed that the earlier information needs to be ignored and the revised information is as follows: The Hon'ble High Court at Bombay has passed Orders on November 25, 2005 and the s

Keynote Corp. Serv. Ltd. has informed the Exchange that her Ladyship Mrs. Justice Nishita Mhatre of High Court, Bombay has passed an order dated December 02, 2005 on Company petition Nos. 363 to 366 of 2005 "Approving scheme of merger / amalgamation of the Company" with its three subsidiaries viz. Concept Assets Management Ltd., (CAML), Concept Capital Management Ltd., (CCML) and Concept Holding Ltd., (CHL). The company has filed Form 21 with Registrar of Companies, Maharashtra, Mumbai on December 27, 2005 submitting certified copies of the said order. Pursuant to the said scheme of merger / a

Gujarat Nre Coke Ltd. has informed the Exchange that the BODs in their meeting held on December 29, 2005 had approved : (1) The appointment of Mr. S. Murari as an Additional Director in the Company; (2) To alter the main object of the Memorandum of Association; (3) Raising of further capital by issue of FCCB/GDR/ADR or any other instruments not exceeding Rs.500 Crore; (4) The merger of FCGL Industries Ltd with the Company. The Exchange ratio will be one Equity Share of Gujarat NRE Coke Ltd. for one Equity share of FCGL Industries Ltd.

Teledata Informatics Limited has informed the Exchange that the BODs of the Company met on December 28, 2005 to consider the demerger of following two business of the Company. (1) Software products and services and (2) Marine Business Activities. The Board decided to go ahead with the demerger and has appointed a committee under the chairmanship of Mr. K. Padmanabhan, Managing Director to work out the modalities.

Indian Oil Corporation Ltd had informed the Exchange that subject to the approval of the Govt. of India, the Board of Directors of the Company had accorded approval to the Scheme of Amalgamation for merger of IBP Co. Ltd. with Indian Oil Corporation Ltd. and recommended the swap ratio of 125:100 i.e. 125 equity shares of Rs.10/- each of Indian Oil Corporation Limited ('The Transferee Company') as fully paid-up for every 100 equity shares of Rs.10/- each of IBP Co. Ltd. ('The Transferor Company'). Indian Oil, being a Government Company, prior approval of the Govt. of India is necessary before a

Thermax Ltd has informed the Exchange that the Hon'ble High Court of Judicature at Bombay has passed Orders on December 09, 2005 approving the Scheme of amalgamation of Thermax Babcock & Wilcox Ltd. (TBWL) and Thermax Capital Limited (TCL), with the Company. Pursuant to the Orders, TBW & TCL a wholly-owned subsidiaries shall be amalgamated with the Company in accordance with the Scheme of Amalgamation with effect the Appointed Date i.e. from April 01, 2005. Necessary formalities to give effect to the amalgamation shall be complied with.

Ghcl Limited has informed the Exchange that Company has entered into definitive agreement through its overseas subsidiary for acquiring 90% shares or more, in Dan River Inc. USA, third largest manufacturer in the Home Textile Business having a turnover of approximately US Dollar 250 million. The transaction consummation is subject to regulatory approvals, as may be required.

Deccan Chronicle Hold Ltd has informed the Exchange that the proposed scheme of Amalgamation and proposed petition to be filed before the Hon'ble High Court of Andhra Pradesh and Hon'ble High Court of Tamil Nadu, under sections 391 to 394 of the Company's Act 1956 in connection with Amalgamation of M/s. Deccan Chronicle Holdings Limited and M/s. Odyssey India Limited a 100% subsidiary of Deccan Chronicle Holdings Ltd (unlisted Company) has been duly approved by its Board Meeting held on December 26, 2005. A copy of the Extracts of the Minutes of the BODs held on December 26, 2005 shall be avai

Kec International Ltd. has informed the Exchange that the certified copy of the Order of the Hon'ble High Court of Judicature at Bombay sanctioning the Composite Scheme of Arrangement has been filed with the Registrar of Companies on December 26, 2005, accordingly the Scheme has become effective from December 26, 2005.

Ispat Industries Ltd. has informed the Exchange that:- (a) At the meeting of the Committee of BODs of the Company held on December 24, 2005, the revision in Equity Share Capital of the Company, pursuant to the Scheme of Reconstruction and Amalgamation sanctioned by the Hon'ble High Courts of Calcutta and Bombay (which Scheme has since become effective from October 26, 2005), has been considered and noted. In terms of the said Scheme, 40% of the existing Equity Share Capital of the Company stands converted into 0.01% Cumulative Redeemable Preference Shares (0.01% CRPS) of Rs.10/- each. Accordin

(b) Further, at the said meeting, the Committee has also made the following allotments, in terms of the aforesaid Scheme of Reconstruction and Amalgamation: - (i) 22,02,00,000 Equity Shares of Rs.10/- each at par to the Promoters of the Company. (ii) 8,68,00,000 - 0.01% CRPS of Rs.10/- each at par to the Promoters of the Company. (iii) 24,17,79,890 Equity Shares of Rs.10/- each at par to the Lenders of the Company towards conversion of Rupee Term Loans amounting to Rs.241,77,98,900/-. (iv) 34,49,08,141 Equity Shares of Rs.10/- each at par to the Equity Shareholders of erstwhile Ispat Metallic

Sundaram Fasteners Ltd has informed the Exchange the following: (a) Sundram Fasteners Limited (SFL) and Textron Deutschland Beteiligungs GmbH, Bonn (Textron) have entered into an agreement whereby Peiner Umformtechnik GmbH, Peine, Germany (Peiner) would become a 100% subsidiary of SFL w.e.f. January 01, 2006, subject to fulfillment of certain conditions and formalities prior to the said date. (b) The consideration payable for the acquisition by SFL is based on a formula agreed upon with Textron and would depend on the value of assets of Peiner as on December 31, 2005. A copy of Press Release d

Ultratech Cement Limited has informed the Exchange that at the meeting of the Board held on December 26, 2005, the Directors approved a Scheme for the amalgamation ("the Scheme") of Narmada Cement Company Limited (NCCL) with the Company. NCCL is a Subsidiary in which the Company holds 97.80% of the paid up equity share capital. NCCL has been declared a sick company by the Hon'ble Board for Industrial & Financial Reconstruction (BIFR) under the provisions of the Sick Industrial Companies (Special Provisions) Act, 1985 (SICA). In terms of the provisions of SICA, the Scheme is subject to the appr

Media Video Ltd. has informed the Exchange that at the Meeting of the of the Board of Directors of the Company held on December 23, 2005, it was decided to amalgamate the following companies with Media Video Limited :- (1) M/s. Acacia Buildwell Private Limited; (2) M/s. Valerian Property Developers Private Limited; (3) M/s. Beech Tree Buildcon Private Limited; (4) M/s. Kool Auto Private Limited; (5) M/s. Paradox Motors Private Limited and (6) M/s. Shri Venkateshwara Electronics Private Limited. The aforesaid companies are the owners of land at Gurgaon in Haryana and the Board of Directors have

Hitachi Home And Life Solutions (India) Limited has informed the Exchange that Hitachi Home & Life Solutions. Inc. Promoter Company of the Company has announced on December 22, 2005, regarding its agreement for merger with Hitachi Air Conditioning Systems CO., Ltd. w.e.f. April 01, 2006.

Provogue (India) Limited has informed the Exchange that at the meeting of the Board of Directors held on December 21, 2005 decision to acquire shares of PROZONE ENTERPRISES PRIVATE LIMITED to make it 100% subsidiary of the Company i.e. Provogue (India) Limited was taken.

Reliance Industries Ltd has informed the Exchange that in accordance with the Scheme of Arrangement as sanctioned by the Hon'ble High Court of Judicature at Bombay vide its order dated December 09,2005,each of the resulting companies, viz Reliance Energy Ventures Limited, Global Fuel Management Services Limited, Relaince Capital Ventures Limited and Reliance Communication Ventures Limited(collectively "the resulting companies")will issue and allot to each eligible member of the company(except for the specified shareholders as defined in the Scheme)whose name is recorded in the register of memb

4)One equity share of Reliance Communications Ventures Limited of the face value of Rs.5/- each credited as fully paid up for every one equity share of Rs.10/- each fully paid-up held by such member on his/her/its heirs,executors, administrators or successors in the company. The company has further informed that January 25,2006 has been fixed as the record date for the purpose of reckoning the names of the members of the company,who shall be entitled to receive shares of each of the resulting companies.

Reliance Industries Ltd has informed the Exchange that the Hon'ble High Court of Judicature at Bombay vide its Order dated December 09, 2005 has sanctioned the Scheme of Arrangement between the Company and Reliance Energy Ventures Limited, Global Fuel Management Services Limited, Reliance Capital Ventures Limited and Reliance Communication Ventures Limited (collectively "the Resulting Companies") and their respective shareholders and creditors, for demerger of the Coal Based Energy Undertaking, the Gas Based Energy Undertaking, the Financial Services Undertaking and the Telecommunications Unde

Rajshree Sugars & Chemicals Ltd has informed the Exchange that the Company has sold the shares of the subsidiary company, Chincholi Sugar Mills Limited and the company is no more a subsidiary company of Rajshree Sugars and Chemicals Limited.

Visualsoft Technologies Limited has informed the Exchange that the Board of Directors at the meeting held on December 21,2005 considered and accorded final approval to the scheme of amalgamation of AppLabs Technologies Private Limited and eSolutions Private Limited with VisualSoft Technologies limited on stock swap basis. In accordance with the scheme of amalgamation and in consideration of acquisition of transferor companies, VisualSoft shall issue equity shares in the following ratio to the transferor companies: - 17 equity shares of Rs 10/- each to the equity shareholders of AppLabs Technol

Jik Industries Limited has informed the Exchange that the Hon'ble High Court of Bombay have sanctioned the Scheme of Arrangement u/s 391 of the Companies Act, 1956 on December 12, 2005 (effective date December 16, 2005) between JIK Industries Limited and Fixed Deposit Holders, Non-Convertible Debenture Holders and Unsecured Creditors of JIK Industries Limited.

Gtn Textiles Ltd has informed the Exchange regarding salient features of the Scheme of Arrangement between GTN Textiles Limited and GTN Industries Limited which are as follows: (1) Scheme of Arrangement was for Demerger of the Transferor Company (GTN Textiles Limited) by which the business activity of the Aluva Unit alongwith investment of the Company in Patspin India Limited (39.07% of the paid Up Equity Share Capital of that Company) and the Offices as well as its assets situated in Mumbai, Kolkata and Coimbatore transferred to a new Company viz. GTN INDUSTRIES LIMITED (Transferee Company).

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 18.67% in the total shareholding of the Company has sold 3,15,000 shares at Market Price on December 20, 2005. After this transaction the shareholding of M/s. Strategic Ventures Fund (Mauritius) Ltd has come down to 18.08% from 18.67%.

Dishman Pharmaceuticals And Chemicals Limited has informed the Exchange that the company has acquired a Bern,Switzerland based contract research company,M/s IO3S Ltd.(IO3S),through its 100% wholly owned Switzerland based subsidiary company M/s.Dishman Switzerland Limited.Further, 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).