Corporate announcements

Indian Rayon & Industries Ltd. has informed the Exchange that at the Court Convened Meeting of the Equity Shareholders of the Company held on November 16, 2005, the Shareholders U/s 391-394 of the Companies Act, 1956 have approved the Scheme of Amalgamation between Indo Gulf Fertilisers Limited and Aditya Birla Nuvo Limited (formely Indian Rayon and Industries Limited) with requisite statutory majority.

Great Eastern Shipping Co. Ltd. has informed the Exchange that the Equity Shareholders and the Secured Creditors of the Company have at the Court Convened Meeting held on November 16, 2005 approved the Scheme of Arrangement (Demerger of the Offshore Division).

Geojit Financial Services Limited has informed the Exchange regarding disclosure received from the following employee regarding purchase / sale of shares of Geojit Financial Services Ltd: 1) Kala Baby G. has purchased 25 shares on November 16, 2005. 2) Binson Mathew has sold 100 shares on November 16, 2005.

Siemens Ltd has informed the Exchange that the Scheme of Amalgamation of Demag Delaval Industrial Tuirbomachinery Pvt. Ltd. (DDIT), Mumbai, with Siemens Ltd., Mumbai has been sanctioned by the High Court of Judicature at Bombay. As per the Scheme of Amalagamation, the "Appointed Date" is April 01, 2005.

Siemens Ltd had informed the Exchange that the Scheme of Amalgamation of Demag Delaval Industrial Tuirbomachinery Pvt. Ltd. (DDIT), Mumbai, with Siemens Ltd., Mumbai has been sanctioned by the High Court of Judicature at Bombay. As per the Scheme of Amalagamation, the "Appointed Date" is April 01, 2005. The Company has further informed that a certified copy of the said Order was filed with the Registrar of Companies on November 17, 2005 ("Effective Date").

Ispat Industries Ltd. has informed the Exchange that the Scheme of Reconstruction and Amalgamation has become effective from October 26, 2005. The said Scheme, interalia, contemplates the following :- (A) Reconstruction of Capital of Ispat Industries Ltd. (IIL) Reconstruction of Capital of Ispat Industries Ltd. comprises the following :- (a) Reduction of existing 692590311 Equity Shares of Rs. 10/- each by 40% i.e. by 277036125 Equity shares of Rs. 10 /- each. (b) Issue of 277036125 - 0.01% Cumulative Redeemable Preference Shares (0.01% CRPS) of Rs. 10/- each at par in lieu of the aforesaid r

Tata Power Co. Ltd. has informed the Exchange that the Company has entered into a Share Purchase Agreement with GVK Hydel Private Limited, a GVK Group Company for sale of its entire holding in Alaknanda Hydro Power Co. Ltd (AHPC). The Company has received Rs. 3.12 crores as consideration for the shares sold. AHPC has ceased to be a subsidiary of the Company. Further, the Company has issued a press release dated November 14, 2005 titled "GVK Hydel Pvt. Ltd. of GVK Group buys over shareholding in Alaknanda Hydro Power Company Limited from Tata Power ". The details of the same shall be available

Reliance Industries Ltd has informed the Exchange that the Company as directed by the Hon'ble High Court of Judicature at Bombay, published Notice of Hearing of Petition in the Newspaper appeared on November 09, 2005. 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 Enka Ltd has informed the Exchange that the Scheme of Arrangement between the Company and its Shareholders for purchase of equity shares to the extent of 30% of the paid up equity share capital of the Company from its Non-Resident shareholders has been approved by the Hon'ble High Court at Calcutta on November 09, 2005.

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 19.37% in the total shareholding of the Company has sold 1,00,000 shares on November 11, 2005. After this transaction the shareholding of M/s. Strategic Ventures Fund (Mauritius) Ltd has come down to 19.19% from 19.37%.

Geojit Financial Services Limited has informed the Exchange regarding disclosure received from the following employee regarding sale of shares of Geojit Financial Services Ltd: 1) Sreeraj P. has sold 200 shares on November 02, 2005 and 100 shares on November 07, 2005.

Kojam Fininvest Limited has informed the Exchange that the Company have acquired 34,60,000 Equity Shares being 20% of total Equity Share Capital in Gujarat Glass Private Limited, a subsidiary of Kojam Fininvest Limited.

Noida Toll Bridge Company Ltd has informed the Exchange that the Allahabad High Court has approved the Company's Scheme of Arrangement under Section 391 of the Companies Act, 1956, between the Company and its secured creditors, including the Deep Discount Bond holders.

Sundaram Fasteners Ltd has informed the Exchange the following :- 1) Sundaram Fasteners Limited (SFL) proposes to enter into an Agreement shortly with Textron Deutschland Beteilingungs GmbH, Bonn, to acquire 100% share capital of its subsidiary company viz. Peiner Umformtechnik GmbH, Peinc, Germany (Peiner). 2) The above proposal is subject to the approval of German Government authorities under German Cartel Regulations. 3) Peiner manufactures a wide range of fastener products catering to the automobile, industrial and construction sectors. 4) ICICI Securities is the advisor to Sundaram Fasten

Williamson Tea Assam Limited has informed the Exchange that at the Meeting of the Board of Directors of the Company held on November 09, 2005, the Board has approved the Scheme of Amalgamation of the Company with McLeod Russel India Limited. In accordance with the said Scheme of Amalgamation, subject to all approvals and permissions of all statutory authorities, the shareholders of the Company would be entitled to 3 (Three) new Equity Shares of Rs. 5/- each in the share capital of McLeod Russel India Limited for every 1 (one) share of Rs. 10/- held in the Company.

Navneet Publications Ltd. has informed the Exchange that at the Court Convened EGM of the Company held on November 07, 2005, the Shareholders present at the Meeting approved the Resolution concerning Amalgamation of Navneet Edutainment Limited (Transferee Company) being 100% subsidiary of Navneet Publications (India) Ltd. with Navneet Publications (India) Ltd. unanimously, voting by way of Poll.

Mcleod Russel India Limited had informed the Exchange that the BODs of the Company has approved the Scheme of Amalgamation of Williamson Tea Assam Limited with the Company w.e.f. April 01, 2005. The board of directors in their meeting held on November 09, 2005 has now informed the Exchange that pursuant to the said Scheme of Amalgamation which is subject to various approvals Three (3) new Equity Shares of Rs.5/- each in the Company credited as fully paid up will be issued for every One (1) Equity Share of Rs.10/- each fully paid up held by the Members of Williamson Tea Assam Limited in the cap

Balrampur Chini Mills Ltd has informed the Exchange that the Company has entered into an agreement for acquisition of integrated sugar unit having capacity of 7,500 Tonnes crushing per day and 12 MW cogen power situated at Rauzagaon, Distt. Barabanki, U. P. at a consideration of Rs. 182 crores from M/s. Dhampur Sugar Mills Ltd. subject to necessary and other approvals as may be required.

Geojit Financial Services Limited has informed the Exchange regarding disclosure received from Mrs. Shiny George, wife of Managing Director, Mr. C. J. George regarding sale of shares of Geojit Financial Services Ltd: 1)Mrs. Shiny George has sold 10,000 shares on November 02, 2005.

Essar Steel Limited has informed the Exchange that the BODs of the Company has in its meeting held on October 28, 2005, approved the draft scheme of amalgamation in respect of proposed amalgamation of Hy-Grade Pellets Limited and Steel Corporation of Gujarat Limited, two wholly owned unlisted subsidiaries of the Company, with the Company in terms of provisions of section 394 of the Companies Act,1956 relating to Court ordered amalgamation.

State Bank Of India has informed the Exchange that the bank has entered into 'Share Purchase Agreement' and 'Shareholders Agreement' with the 'Principal Shareholders' of PT Bank Indo Monex, Indonesia. In terms of these agreements State Bank of India will acquire 76% equity stake in the above referred Bank along with Management Control, subject to related approvals.

Rajasthan Spg. & Wvg. Mills Ltd. has informed the Exchange that the Scheme of Amalgamation of Mordi Textiles and Processors Limited with the Company has become effective from November 02, 2005 with the filing of the order dated October 19, 2005 of Hon'ble High Court of Judicature for Rajasthan, Jodhpur by both the Companies with the ROC, Rajasthan as required under the Companies Act, 1956.

Geojit Financial Services Limited has informed the Exchange regarding disclosure received from the following employee regarding purchase / sale of shares of Geojit Financial Services Ltd: 1) Jiji Jose K has sold 100 shares on November 01, 2005.

Williamson Tea Assam Limited has informed the Exchange that the Board of Directors of the company has approved in principle the proposal for amalgamation of the Company with Mcleod Russel India Limited with effect from April 01, 2005 and for this purpose has appointed M/s. Price Waterhouse Coopers and ICICI Securities Limited for making necessary valuations and suggest Share Exchange ratio to the Board in connection with the aforesaid amalgamation.

Godrej Consumer Products Limited has informed the Exchange that the company on October 31, 2005 has acquired 100% ownership interest in Keyline Brands Ltd, U.K. Keyline Brands is one of U.Ks admired FMCG companies engaged in the manufacture, marketing, sales and distribution of cosmetics and toiletries with a strong portfolio of brands and a well developed customer base in numerous supermarket chains and stores. A press release titled, " GCPL acquires FMCG company in United Kingdom", shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and o

Mcleod Russel India Limited has informed the Exchange that at a Meeting held on October 31, 2005, the BODs of the Company has approved in principle the proposal for amalgamation of Williamson Tea Assam Limited with the Company w.e.f. April 01, 2005 and for this purpose has appointed Messrs. Price Waterhouse Coopers and ICICI Securities Limited for making necessary valuations and suggest Share Exchange ratio to the Board in connection with the aforesaid amalgamation.

Pearl Global Ltd has informed the Exchange that the Board of Directors in their meeting held on October 29, 2005, considered, approved and took on record the following :- The Board has in-principle agreed for amalgamating Pearl Styles Ltd. and city Estates Pvt. Ltd. With Pearl Global Ltd. The Board has further instructed the management to submit the Scheme of Amalgamation before the Board and to appoint suitable agency for carrying on activities in respect to the Scheme of Amalgamation between the three Companies smoothly. Further, the Board of Directors of Pearl Styles Ltd. And City Estates P

Essel Propack Ltd. has informed the Exchange that Shri Subhash Chandra, Promoter and Chairman of the Company through a Company wholly and beneficiary owned by him has on October 26, 2005 acquired 3,431,661 equity shares constituting 10.96% of the paid up share capital of the Company from Arfen Hsu Limited, through an off market route under the terms of the share purchase agreement. The details of the share acquired are as follows: (1) Packaging Products Investments Limited has acquired 3,431,661 shares aggregating 10.96% of the share capital of the Essel Propack Ltd.on October 26, 2005.

Visualsoft Technologies Limited has informed the Exchange that Mr DVS Raju has tendered his resignation from the directorship of the company owing his preoccupation with development of world-class port at Gangavaram. The BODs at the meeting held on October 27, 2005 considered the resignation of DVS Raju and placed on record the appreciation of contribution made by Mr. DVS Raju during his tenure with the company. Consequently he ceased to be director of the Company. The BODs has also considered the appointment of Mr. Sashi Reddi as CEO of the company, w.e.f. November 01, 2005, who will take car

Gujarat Narmada Valley Fertilizer Co. Ltd. has informed the Exchange that the BODs of the Company at their meeting held on October 27, 2005 has decided to explore the possibility of amalgamation of Narmada Chematur Petrochemicals Ltd (NCPL) with the Company i.e. G.N.F.C. Ltd. to enable the Board to take an appropriate decision in the matter at a suitable time. NCPL is a subsidiary of the Company by virtue of the Company holding 56.45% of equity share Capital of NCPL.

Ispat Industries Ltd. has informed the Exchange that in terms of the Corporate Debt Restructuring (CDR) guidelines issued by Reserve Bank of India, various lenders had approved a CDR scheme to Ispat Industries Ltd as well as Ispat Metallics India Limited (IMIL). Pursuant to the provisions of the said CDR scheme, a Scheme of Reconstruction of Ispat Industries Ltd as well as IMIL and the amalgamation of IMIL with Ispat Industries Ltd was approved. The said scheme of reconstruction and amalgamation (hereinafter referred to as the 'Scheme') has also been approved by the respective companies' share

Narmada Chematur Petrochem Ltd has informed the Exchange that the BODs of the Company at their meeting held on October 27, 2005 has decided to explore the possibility of amalgamation of the Company with Gujarat Narmada Valley Fertilizers Co. Ltd. (G.N.F.C.), the holding Company to enable the Board to take an appropriate decision in the matter at a suitable time. The Company is a subsidiary of GNFC by virtue of GNFC holding 56.45% of equity share capital of the Company.

Scandent Solutions Corporation Limited has informed the Exchange that Scantalent Inc., the wholly owned subsidiary of Scandent Solutions Corporation Limited has informed the Board of Scandent that it has entered into an agreement to acquire shares of eBusinesscorp. eBusinesscorp had revenues of US$ 1.8 million approx. during the last financial year and it is primarily focused on enterprise solutions.

Excel Crop Care Limited has informed the Exchange that :- (1) at the meeting of the BODs of Excel Crop Care Limited held on October 25, 2005, the Board has decided to subscribe to 23,00,000 fully paid up equity shares of Rs. 10 each of Aimco Pesticides Limited (APL) to be issued by APL on preferential basis at a price of Rs. 24.50 per equity share determined in accordance with the Guidelines for Preferential Issues contained in Chapter XIII of the SEBI (Disclosure & Investor Protection) Guidelines, 2000, subject to the approval of the members of the Company through a special resolution under s

Micro Inks Limited had informed the Exchange that the company has been jointly informed by Bilakhia Holdings Private Limited('BHPL'),Mr. Anjum Bilakhia, Mr.Jakirhusen Bilakhiya and Mr.Yunus Bilakhiya('Promoters') that they have jointly entered into a Share Purchase Agreement('SPA') to sell up to 12,560,330 shares representing 59.06% of the paid up equity capital of Micro Inks Limited held by them,to MHM Holding GmbH at a price of Rs.675/- per share in an all cash transaction. Micro Inks Limited has now informed that Bilakhia Holdings Private Limited('BHPL'), Mr. Anjum Bilakhia, Mr.Jakirhusen B

Geojit Financial Services Limited has informed the Exchange regarding disclosure received from the following employees regarding purchase / sale of shares of Geojit Financial Services Ltd: 1) Jayanandan K. has sold 400 shares on October 24, 2005 and 2) Vincent K.A. has purchased 25 shares on October 24, 2005

Micro Inks Limited has informed the Exchange that the company has been jointly informed by Bilakhia Holdings Private Limited('BHPL'),Mr. Anjum Bilakhia, Mr.Jakirhusen Bilakhiya and Mr.Yunus Bilakhiya('Promoters') that they have jointly entered into a Share Purchase Agreement('SPA') to sell up to 12,560,330 shares representing 59.06% of the paid up equity capital of Micro Inks Limited held by them,to MHM Holding GmbH at a price of Rs.675/- per share in an all cash transaction. As per the terms of SPA,MHM Holding GmbH has agreed to purchase(i)a minimum of 12,560,330 shares representing 50.5% of

Kamat Hotels (I) Ltd has informed the Exchange that at the Court Convened Meeting held on October 22, 2005 the Scheme of Amalgamation of The Himco (India) Ltd with Kamat Hotels (India) Ltd was voted on poll by the members of the Company with 100% voting in favour of the Scheme.

Essel Propack Ltd. has informed the Exchange that Shri Subhash Chandra, Promoter and Chairman of the Company through self and through entities directly or indirectly controlled by him has on October 19, 2005 and October 20, 2005 acquired 3,431,661 equity shares constituting 10.96% of the paid up share capital of the Company from Arfen Hsu Limited, through an off market route under the terms of the share purchase agreement. The details of the acquisition is as follows.(1) Lazarus Investments Limited, Mauritius (acquirer) has acquired 3,414,000 shares aggregating 10.90% of the share capital of

Hindustan Lever Ltd. has informed the Exchange that Mr.S.R.Tata, Chartered accountants of M/s.A.F. Fergueson & Co. and Mr.R.Ganapathy, a shareholder/Senior Manager with a firm of practicing company secretaries, scrutineers appointed for the EGM and court convened meetings of the company, submitted their report on October 20,2005 to the Chairman appointed by the court and the results were announced to the shareholders on the same day. As per the said report, the resolutions were approved, as detailed hereunder: 1. Court Convened Meeting(Approval of the Scheme of arrangement involving Amalgamati

Opto Circuits (India) Limited has informed the Exchange that the Company has signed a letter of intent to acquire a Medical Equipment Company in Europe. The Company manufactures Cardiac Stents of various types including Drug Eluting coronary Stents used in Critical Cardiac Care.The acquisition is estimated at Rs.60 crores and is subject to Financial and legal duediligence.

Cmc Ltd has informed the Exchange that due to reclassification of the accounts managed or advised by the Aberdeen Asset Management Asia Limited now hold a total of 1,283,928 shares in CMC Limited for which Aberdeen Asset Management Asia Limited have been given proxy rights, which amounts to 8.47% of the Company's issued shares.

Foseco India Ltd has informed the Exchange that the BODs at its meeting held on October 19, 2005 approved of the presentation to the Bombay High court for its approval of a draft Scheme of Arrangement between the Company and its equity shareholders under section 391,394,100 and other applicable provisions of the Companies Act.

Hcl Infosystems Ltd has informed the Exchange that the BODs at their meeting held on October 19, 2005 has approved the merger of Product Distribution and Support Business of the subsidiary with the Company subject to requisite approvals and sanctions by the Hon'ble High Court of Delhi.

Dhiren H Vora has informed the Exchange that he alongwith his family members have purchased the shares of Sri Adhikari Brothers Television Network Limited from the open market which comes to nearly 5%. The details of the acquisition shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Tata Infotech Limited has informed the Exchange that at the Court Convened Meetings of Unsecured Creditors and Shareholders of Tata Infotech Ltd held on October 18, 2005, the resolutions for approval of the Scheme of Amalgamation of Tata Infotech Limited with Tata Consultancy Services Ltd pursuant to Sections 391-394 of the Companies Act, 1956 have been passed with the requisite majority. The said Scheme of Amalgamation is subject to the sanction of Hon'ble High Court of Judicature at Bombay.

Tata Consultancy Services Limited has informed the Exchange that at the Court Convened Meetings of Unsecured Creditors and Shareholders of Tata Consultancy Services Ltd (TCS) held on October 18, 2005, the resolution for approval of the Scheme of Amalgamation of Tata Infotech with TCS pursuant to Sections 391-394 of the Companies Act, 1956 have been passed with the requisite majority. The said Scheme of Amalgamation is subject to the sanction of Hon'ble High Court of Judicature at Bombay.

V. Krishnaswamy has informed the Exchange that he has sold his holdings of 42,19,444 shares (Forty Two Lakhs Nineteen Thousand Four Hundred Forty Four Only) in Quintegra Solutions Limited to Mr. V. Shankarraman for a consideration of Rs.4,21,94,440/- (Rupees Four Crores Twenty One Lakhs Ninety Four Thousand Four Hundred Forty Only).

Babu Thiagarajan has informed the Exchange that he has sold his holdings of 42,19,444 shares (Forty Two Lakhs Nineteen Thousand Four Hundred Forty Four Only) in Quintegra Solutions Limited to the following persons: (1) V. Shankarraman - 17,61,579 shares; and (2) R. Venkataramani - 24,57,865 shares.

Aurobindo Pharma Ltd has informed the Exchange that in view of shift of management focus to highly regulated market, it is proposed to sell / dispose of Unit VII (a non-regulatory Unit) of the Company, situated at Survey No. 10 & 10 / E2 / A2, Gaddapotharam Village, Jinnaram Mandal, Medak District, A.P. The net block value of this unit as on March 31, 2005 was 1.14% of total net block of fixed assets (including CWIP) of the Company. The Company is convening the EGM of shareholders through postal ballot to seek their approval for the same.