Corporate announcements

SCM Investment & Trading Company Ltd. have informed the Exchange that they have sold 1,25,000 Equity Shares of Rs.10 each of The Oudh Sugar Mills Ltd. and consequently their holding in The Oudh Sugar Mills Ltd. has reduced to 9,06,610 equity shares(8.73%).

Atcom Technologies Limited has informed the Exchange that the Company has received intimation from Mrs. Pragna S. Doshi (Promoters Category) about her sell of 485,000 (3.16%) Equity shares of the Company. After the sale, her holding stands to 520 Shares.

Infotech Enterprises Ltd had informed the Exchange that Mrs.Sucharitha, Whole Time Director of the company had informed the company regarding her decision to sell 10,000 shares in the market. The company has now informed that she has sold 10,000 shares in the market.

National Organic Chemical Industries Ltd. has informed the Exchange that the Shareholders, the Secured Creditors and the Unsecured Creditors have approved the Scheme of arrangement at the respective meetings held on December 14,2004 as per the High Court's directive passed in the Company Application No.446 of 2004.The voting pattern is as follows: a)No. of votes of Shareholders in favour of the scheme-768(100%).b)No. of votes of Secured Creditors in favour of the scheme-12 (94.02%) and votes against the Scheme-1(5.98%).c) No. of votes of Unsecured Creditors in favour of the scheme-293 (99.99

Rane (Madras) Ltd. has informed the Exchange that BODs at the meeting held on December 29,2004 decided to de-merge the manufacturing division of the company from the investment and other non-manufacturing activities.

Birla Global Finance Ltd has informed the Exchange that the BODs at their meeting held on December 28,2004 has approved the merger of three(3) divisions (Hire Purchase/Lease Business, Capital Market Business and Corporate Finance Business) of Birla Global Asset Finance Company Limited, Subsidiary of the Company into itself, as per the Scheme of Arrangement.

Corporation Bank has informed the Exchange that the BODs of the Bank at its meeting held on December 27,2004 approved the proposal for merger of Corp. Bank Homes Limited,a wholly owned subsidiary of the Bank with the Bank (i.e Corporation Bank).

Indian Oil Corporation Ltd has informed the Exchange that the Board of Directors of IndianOil in their meeting held on December 22, 2004 have approved the scheme of amalgamation for merger of IBP Co. Ltd. with Indian Oil Corporation Ltd. The Board of directors have also recommended a swap ratio of 125:100 i.e 125 equity shares of Rs.10/- each of Indian Oil Corporation Ltd. (the Transferee Company) as fully paid up for every 100 equity shares of Rs.10/- each of IBP Co. Ltd. (the Transferor company). The above is however, subject to the approval of Govt. Of India and all other consents or approv

Ibp Co. Ltd. has informed the Exchange that the Board of Directors of the company in their meeting held on December 22, 2004 have approved the scheme of amalgamation for merger of IBP Co. Ltd. with Indian Oil Corporation Ltd. The Board of directors have also recommended a swap ratio of 125:100 i.e 125 equity shares of Rs.10/- each of Indian Oil Corporation Ltd. (the Transferee Company) as fully paid up for every 100 equity shares of Rs.10/- each of IBP Co. Ltd. (the Transferor company). The above is however, subject to the approval of Govt. Of India and all other consents or approvals from Reg

Satyam Computer Services Ltd has informed the Exchange regarding the continual disclosures of sales received by the Company's Compliance Officer. The details are as follows: 1)T R Anand has sold 2000 equity shares,2)V.Murali has sold 5,000 equity shares,3)A S Murthy has sold 1,400 equity shares and 4)V.S. Prabhakara Gupta has sold 300 equity shares.

Tata Coffee Limited has informed the Exchange that the BODs at their meeting held on December 21,2004 approved the merger of Highhill Coffee India Pvt. Ltd., the company's wholly owned subsidiary with the Company. The board at the said meeting also 1)re-appointed Mr.M.H.Ashraff as the Managing Director for a period of 6 months w.e.f January 03,2005;and 2)appointed Mr.Hameed Huq,as Wholetime Director of the company for a period of 3 years w.e.f. January 03,2005.

Icds Ltd. has informed the Exchange that the scheme of arrangement filed by the company before the Hon'ble High Court of Karnataka, Bangalore for repayment of deposits etc., has been approved by the High Court on October 15, 2004 and the certified copy of the order has been received on December 15, 2004. As prescribed under the scheme the deposits etc., of the face value of less than Rs.10000/- will paid within 6 months of the effective date. Deposits etc., of the face value of Rs.10000/- and above and below Rs.20000/- will paid within 30 months and deposits etc., of the face value above Rs.20

Icici Bank Ltd has informed the Exchange that the Bank has on December 17, 2004, sold 500,000 equity shares of Shardul Securities Limited, accounting for 2.86% of the company's total equity share capital, on Spot Delivery basis to Gagan Chaturvedi.

Tata Investment Corporation Ltd. has informed the Exchange that the company has acquired the 49.9% shareholding held by TD Waterhouse Group Inc. in Tata TD Waterhouse Securities Private Limited (TTDWS).The balance 50.1% is already held by two other Tata companies. The name of the company (TTDWS) is in the process of change to reflect the exit of the TD Waterhouse Group.

Nicholas Piramal India Ltd. has informed the Exchange that the BOD's of the Company have at the meeting held on December 17, 2004, approved the acquisition of the global Inhalation Anaesthetics (IA) business of Rhodia Organique Fine Limited (Rhodia), U.K., for a consideration of USD 14 million. This business recorded sales of USD 14 million in 2003, and gives NPIL a significant presence in the niche global IA market. This acquisition gives NPIL access to the manufacturing technology and facilities, as well as the global sales and marketing rights for two IA products - Halothane and Isofluorane

Nirma Ltd. has informed the Exchange that the BODs of the Company have decided to acquire Undertakings of Core Health Care Limited(CHL) situated at Vilalge Sachana,District Ahmedabad. The Company has negotiated the said acquisition with CHL and Assets Reconstruction Company(India) Limited,(ARCIL),a securitization and reconstruction Company registered with the Reserve Bank of India under section 3 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Act,2002.Pursuant to the negotiations and approval of the BODs,the Company has entered into a Tripartite Agreem

Tube Investments Of India Ltd has informed the Exchange that the High Court of Judicature at Madras has sanctioned the Scheme of Arrangement between TIDC India Limited (TIDC) and the company. The Scheme provides for the amalgamation of TIDC with the Company w.e.f. from April 01, 2004 (appointed date) and adjustment of deferred revenue expenditure against the securities premium account. The Scheme has become effective December 15, 2004.

Satyam Computer Services Ltd has informed the Exchange regarding the continual disclosures of sales received by the Company's Compliance Officer. The details are as follows: 1)A.S. Murthy has sold 1,400 equity shares(self) and 100 equity shares(dependant),2)V.S. Prabhakara Gupta has sold 3,800 equity shares and 3)T.R.Anand has sold 4,000 equity shares.

Surana Telecom Ltd. has informed the Exchange that as on December 14, 2004, M/s Punjab National Bank has acquired 4,19,996 Equity shares of the company in the open market which is of 3.72% of the total paid up capital of the company.

Aban Loyd Chiles Offshore Ltd. has informed the Exchange that the company has completed the acquisition of 300 Feet Jack up Rig Pride West Virginia on December 13, 2004. The Rig henceforth will be known as RIG ABAN V. The Rig has already got a Contract for drilling with ONGC for a period of 3 years and likely to commence operations by end of December 2004.

Aztec Software And Technology Services Ltd. has informed the Exchange that the Company has concluded the acquisition of Disha Technologies (India) Private Limited. Disha Technologies (India) Private Limited has now become a subsidiary of the Company. The Company has also informed that they have allotted 2707057 equity shares of Rs.3/- each to the Shareholders of Disha Technologies (India) Private Limited at a price of Rs.42.05 per shares being the part consideration payable by the Company for the acquisition of all the shares of Disha Technologies (India) Private Limited.

Kopran Ltd. has informed the Exchange that the Hon'ble High Court of Judicature of Bombay has sanctioned the Scheme of Amalgamation between Kopran Pharmaceuticals Ltd. with Kopran Ltd. and passed the necessary order at the court hearing held on December 10, 2004.

Sundaram Fasteners Ltd has informed the Exchange that :1)Aplomb Investments Limited [AIL], a wholly-owned subsidiary of Sundaram Fasteners Investments Limited [SFIL] which is a wholly owned subsidiary of Sundaram Fasteners Limited, has acquired on December 09, 2004 50.13% of equity share capital of Upasana Engineering Limited [UEL] [an unlisted Company manufacturing spokes and nipples for two wheelers].in addition to the existing holding of 49.87% acquired earlier. Consequently, UEL has become a wholly-owned subsidiary of AIL,SFIL and SFL w.e.f December 09,2004.2) AIL has also acquired on Dece

Jindal Photo Limited has informed the Exchange that the Company has fixed December 29, 2004 as the Record Date for the purpose of issue of new shares due to reduction and reorganization of Share capital as per the Scheme of Arrangement for de-merger approved by the Hon'ble High Court of Uttaranchal at Nainital. Every shareholder of the Company will get new 76 shares of Rs.10/- each in lieu of every 100 shares held by him as on December 29, 2004. The Shareholders will also get 24 shares of Rs.10/- each of the Consolidated Photo Products Limited (to be known as Jindal Photo Limited) in lieu of e

Videocon Industries Limited has informed the Exchange that the company had earlier informed that the BODs in their meeting held on August 16,2004 had in principle approved the proposal of amalgamation of Petrocon India Limited with the company. In this connection, the company has further informed that the BODs in their meeting held on December 06,2004 have approved the Scheme of Amalgamation and the valuation of the shares together with the exchange ratio determined and recommended by the Valuers. The exchange ratio has been proposed as 5 shares of Videocon Industries Limited for every 2 shar

Cmc Ltd has informed the Exchange that M/s Aberdeen International India Opportunities have sold 20,000 shares of CMC Ltd. on November 16, 2004. Consequently, M/s Aberdeen Asset Management Asia Ltd. now own 741,018 equity shares of Cmc Ltd (4.8912%) ceasing to be a substantial shareholder of Cmc Ltd.

Satyam Computer Services Ltd has informed the Exchange regarding the continual disclosures of sales received by the Company's Compliance Officer. The details are as follows: 1) V. Murali has sold 4500 equity shares; 2) A. S. Murthy has sold 17300 equity shares; 3) Mohan Eddy has sold 5000 equity shares.

Devang R. Jhaveri, Director of Zodiac Jrd- Mkj Ltd has informed the Exchange that he has sold 1200 shares of Zodiac Jrd- Mkj Ltd on December 03, 2004.

Rajnikant A. Jhaveri, Director of Zodiac Jrd- Mkj Ltd has informed the Exchange that he has sold 1000 shares of Zodiac Jrd- Mkj Ltd on December 03, 2004.

Rameshchandra A. Jhaveri, Director of Zodiac Jrd- Mkj Ltd has informed the Exchange that he has sold 1600 shares of Zodiac Jrd- Mkj Ltd on December 02, 2004.

Jayesh J. Jhaveri, Director of Zodiac Jrd- Mkj Ltd has informed the Exchange that he has sold 2200 shares of Zodiac Jrd- Mkj Ltd on December 03, 2004.

Jayantilal A. Jhaveri, Director of Zodiac Jrd- Mkj Ltd has informed the Exchange that he has sold 2000 shares of Zodiac Jrd- Mkj Ltd on December 03, 2004.

Tata Coffee Limited has informed the Exchange that the Company has entered into an Agreement for the sale of its entire holdings of 56,58,898 Equity Shares comprising 34.31% of the Equity Capital of Barista Coffee Company Ltd., to Sterling Infotech Group.

ICICI Bank Limited has informed the Exchange that the Bank had on November 25, 2004, sold 7,25,000 equity shares of Soma Textiles & Industries Limited, accounting for 5.03% of the company's total equity share capital, on Spot Delivery basis. The Bank has now informed the Exchange that the total number of shares sold on November 25, 2004 (i.e. 725,000), amounted to 4.99% of the company's share capital instead of 5.03% as erroneously mentioned earlier.

Srei Infrastructure Finance Limited has informed the Exchange that Mr. Salil.K.Gupta, Director & Chief Mentor of the Company has informed the company that out of his holding of 16500 equity shares of the company he has sold 15,000 equity shares and accordingly his total shareholding in the company stands reduced to 1500 Equity Shares.

Jayantilal A. Jhaveri, Director of Zodiac Jrd- Mkj Ltd has informed the Exchange that he has sold 1000 shares of Zodiac Jrd- Mkj Ltd on December 02, 2004.

Jayesh J. Jhaveri, Director of Zodiac Jrd- Mkj Ltd has informed the Exchange that he has sold 1100 shares of Zodiac Jrd- Mkj Ltd on December 02, 2004.

Rameshchandra A. Jhaveri, Director of Zodiac Jrd- Mkj Ltd has informed the Exchange that he has sold 800 shares of Zodiac Jrd- Mkj Ltd on December 02, 2004.

Rajnikant A. Jhaveri, Director of Zodiac Jrd- Mkj Ltd has informed the Exchange that he has sold 500 shares of Zodiac Jrd- Mkj Ltd on December 02, 2004.

Devang R. Jhaveri, Director of Zodiac Jrd- Mkj Ltd has informed the Exchange that he has sold 600 shares of Zodiac Jrd- Mkj Ltd on December 02, 2004.

Satyam Computer Services Ltd has informed the Exchange regarding the continual disclosures of sales received by the Company's Compliance Officer. The details are as follows: 1)V.S. Prabhakara Gupta has sold 3,300 equity shares, 2)Keshab Panda has sold 10,000 equity shares, 3)T.R.Anand has sold 12,000 equity shares,4)Mr. A S Murthy has sold 24000 equity shares (Self) & 400 equity shares (Dependant) and 5) Sudhakar Varanasi has sold 5000 equity shares.

Satyam Computer Services Ltd has informed the Exchange regarding the continual disclosures of sales received by the Company's Compliance Officer. The details are as follows: 1) Sudhakar Varanasi has sold 3000 equity shares, 2) K. Kalyana Rao has sold 6,000 equity shares 3) A.S.Murthy has sold 26,000 equity shares.

Devang R. Jhaveri, Director of Zodiac Jrd- Mkj Ltd has informed the Exchange that he has sold 2200 shares of Zodiac Jrd- Mkj Ltd on November 29, 2004.

Rajnikant A. Jhaveri, Director of Zodiac Jrd- Mkj Ltd has informed the Exchange that he has sold 1300 shares of Zodiac Jrd- Mkj Ltd on November 29, 2004.

Jayantilal A. Jhaveri, Director of Zodiac Jrd- Mkj Ltd has informed the Exchange that he has sold 3300 shares of Zodiac Jrd- Mkj Ltd on November 29, 2004.

Rameshchandra A. Jhaveri, Director of Zodiac Jrd- Mkj Ltd has informed the Exchange that he has sold 3100 shares of Zodiac Jrd- Mkj Ltd on November 29, 2004.

Jayesh J. Jhaveri, Director of Zodiac Jrd- Mkj Ltd has informed the Exchange that he has sold 3900 shares of Zodiac Jrd- Mkj Ltd on November 29, 2004.

Dcm Shriram Consolidated Ltd has informed the Exchange that the Board of Directors in their meeting held on November 26, 2004 have approved the proposal of merger of Shriram PolyTech Ltd (a 100% subsidiary) into the Company.

Itc Ltd. has informed the Exchange that at the meeting of the members of the company held on November 19, 2004, in terms of an order dated September 29, 2004 of the Hon'ble High Court at Calcutta, the Resolution relating to the Scheme of Amalgamation of ITC Hotels Limited and Ansal Hotels Limited with ITC Limited was passed, on a vote by poll, by requisite majority. The results of the postal ballot are as follows: 1. No. of votes in favour of the resolution -17,51,91,474 votes (99.99% of Votes) 2. No. of votes against the resolution -10,859 votes (0.01% of Votes).

Mahindra & Mahindra Ltd. has informed the Exchange that the Company has entered into an agreement to acquire a 51% stake in SAR Transmission Pvt. Ltd. (STPL), a company based in Rajkot. The consideration for the purpose of the acquisition will be arrived at the closing of the transaction. STPL, a proposed Joint Venture between the Company and SAR Auto Products Ltd. (SAPL) would strengthen the presence of the Company in the gear components business globally and would enable the Company to provide a base for sourcing its own gears. The finalization of the transaction is subject to fulfillment of