Announcements at NSE - as on 5 Jan 2009
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ALLAHABAD BANK: The company has informed the Exchange that bank had appointed M/s Sudit K Parekh & Co. as one of the Statutory Central Auditors in place of M/s N. Chaudhuri & Co. Further, the list of Auditors for the year 2008-09 The company has informed the Exchange that- "The Bank has decided to reduce its Benchmark Prime Lending Rate (BPLR) by 75 basis points i.e. from 13.25% to 12.50% w.e.f. 05-01-2009". |
NSE LTP: 56.05 (1.30) Volume:1319772
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ALOK IND.: The company has informed the Exchange that the Board of Directors at its meeting held on January 03, 2009, amongst other things, the following matters were considered, approved and decided- (1) increase in the size of the proposed Rights Issue from Rs.300 crores to Rs.450 crores. |
NSE LTP: 19.25 (-0.80) Volume:999320
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AMBUJA CEMENTS: B. L. Taparia has informed the Exchange that B.L.Taparia, Wholetime Director and Company Secretary have sold 20,000 shares of The company. on 31st December 2008 @ Rs.69.50 per share. |
NSE LTP: 70.10 (1.00) Volume:1922851
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BANK OF BARODA: The company has informed the Exchange that "The Reserve Bank of India vide their letter no. DBS.ARS.7129/08.02.003/2008-09 dated December 10, 2008 has conveyed their approval in terms of section 10(1) of Banking Companies (Acquisition & Transfer of Undertakings) Act 1970/1980 for appointment of following six auditors/audit firms as Statutory Central Auditors of our Bank for 2008-09- 1) M/s Gupta Nayar & Co., New Delhi 2) M/s B. C. Jain & Co., Kanpur 3) M/s A. Sachdeva & Co. Lucknow 4) M/s S.K. Kapoor & Co., Kanpur 5) M/s Ashwani & Associates, Ludhiana 6) M/s N. C. Banerjee & Co., Kolkata". |
NSE LTP: 294.30 (7.60) Volume:537420
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BANK OF INDIA: The company has informed the Exchange that- "Bank has appointed following 6 Chartered Accountant Firms as Statutory Central Auditors of the Bank for the year 2008-2009- (i). M/s. Mitra Kundu & Basu, Kolkata (ii). M/s. Borkar & Muzumdar, Mumbai (iii). M/s. P.C. Modi & Co., Jaipur (iv). M/S. A.K.G. & Associates, Karnal (v). M/S V. Ramaswamy Iyer & Co., Vellore (vi). M/s. Sundaram & Srinivasan, Chennai. (2) Out of the above, first five firms are continuing Statutory Central Auditors, while M/s. Sundaram & Srinivasan have been appointed in place of M/s. K.N. Gutgutia & Co. who completed their term". |
NSE LTP: 302.65 (6.40) Volume:2037624
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CAIRN INDIA: The company has informed the Exchange that the Registrar & Share Transfer Agent (RTA) of the Company had been changed from Bigshare Services Private Limited to Intime Spectrum Registry Limited. The details of the RTA is as follows-- Intime Spectrum Registry Limited,C-13, Pannalal Silk Mills Compound, L. B. S. Marg, Bhandup (W), Mumbai- 400 078, Phone-- +91 22 2596 3838,Fax- +91 22 2594 6969, Email- isrl@intimespectrum.com. |
NSE LTP: 182.15 (9.80) Volume:3768173
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ELECON ENGINEERING CO: The company has informed the Exchange that our promoters namely; Emtici Engineering Limited have purchased total 3,21,000 Equity shares of Rs.2/- each of Elecon Engineering Company Limited from open market. |
NSE LTP: 44.15 (2.10) Volume:191006
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FUTURE CAPITAL HOLDINGS: The company has informed the Exchange that as on January 02, 2009, the Company has acquired 100% of the Fully Paid up Equity Share Capital of Black Diamond Finance Limited, a Non Banking Finance Company registered with the Reserve Bank of India. Accordingly, effective from January 02, 2009, Black Diamond Finance Limited has become a Wholly Owned Subsidiary of the Company. |
NSE LTP: 207.80 (20.30) Volume:265786
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GMR INFRASTRUCTURE: The company has informed the Exchange that Krishna Pearls & Jewellers has launched its first Jewellery store at Rajiv Gandhi International Airport, Shamshabad on January 03, 2009. The Store is located in the domestic departure area. In this connection, GMR Hyderabad International Airport Limited, a Subsidiary of the Company is proposing to issue a press release. |
NSE LTP: 83.55 (-1.60) Volume:8025764
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GLAXOSMITHKLINE PHARMACEUTICALS: The company has informed the Exchange that "The audited results for the year ended 31st December 2008 are expected to be approved by our Board of Directors before the end of March 2009 i.e. within a period of three months from the close of the accounting year and as such, we would be announcing the audited financial results within a period of three months of the close of the accounting year." Further, the Company will not be publishing the un-audited financial results for the quarter ended December 31, 2008. |
NSE LTP: 1148.40 (-3.80) Volume:37844
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HIMADRI CHEMICALS AND IND.: The company has informed the Exchange that Himadri Dyes & Intermediates Limited (Along with persons acting in concert) (as per list attached) proposes to acquire 3371448 Equity shares aggregating to 10.57% of the shares/voting rights of Himadri Chemicals & Industries Limited from Damodar Prasad Choudhary, Bankey Lal Choudhary, Shyam Sundar Choudhary and Vijay Kumar Choudhary. The mode of proposed acquisition is by way of Inter-se transfer and the date of proposed acquisition is from January 12, 2009 to February 12, 2009. The acquisition price per share is as per Market price. The shareholding of Himadri Dyes & Intermediates Limited (Along with persons acting in concert) (as per list attached) after the proposed acquisition would be 10098367 shares aggregating to 31.70% of the shares/voting rights of Himadri Chemicals & Industries Limited. |
NSE LTP: 123.75 (-5.20) Volume:5380
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IVRCL INFRASTRUCTURES & PROJECTS: The company has informed the Exchange regarding a press release dated January 05, 2009, titled "IVRCL Bags Orders Valued Rs.260.46 Crores". |
NSE LTP: 162.60 (1.70) Volume:2777589
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INDIAN OIL CORPORATION: The company has informed the Exchange that the foreign currency rating of Indian Oil Corporation Ltd. has been downgraded by Standard and Poor's (S&P) from BBB- with stable outlook to BB+ with stable outlook. |
NSE LTP: 421.65 (-9.25) Volume:976040
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INFOTECH ENTERPRISES: The company has informed the Exchange that the Company has set up a wholly owned subsidiary in Japan by name Infotech Enterprises Japan KK. |
NSE LTP: 106.35 (2.40) Volume:6713
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JMC PROJECTS: The Company has purchased 351 Equity Shares of Rs.10/- each ( 0.0019%) on January 02, 2009, at the rate of approximately Rs. 64.50 per share of JMC Projects (India) Ltd. through Open Market Purchase. With this, our shareholding has increased to 95,20,293 shares representing to 52.48% shareholding in JMC Projects(India) Ltd." |
NSE LTP: 76.05 (9.90) Volume:77968
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KAMAT HOTELS (I): The company has informed the Exchange that- "The Company has increased its shareholding in its Joint Venture Company B W Highway Star Private Limited from 17% to 26% of the total paid up capital of the Joint Venture Company by purchasing 1058824 shares out of the total paid up capital of the Company from one of the Joint Venture Partners". |
NSE LTP: 46.45 (0.85) Volume:6723
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NTPC: The company has informed the Exchange that "The 2nd 500 MW of Kahalgaon Super Thermal Power Project- Stage-II will commence commercial operation w.e.f. 00-00 Hrs of December 30, 2008. With the commercial operation of this unit, the commercial capacity of Kahalgaon Super Thermal Power Project would be 1840 MW." |
NSE LTP: 180.80 (-3.35) Volume:3795013
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NATIONAL ALUMINIUM COMPANY: The company has informed the Exchange that NALCO has commissioned the first pot of the potline under the 2nd phase expansion. In this connection company has submitted a press release titled "Commissioning of 4th Potline". |
NSE LTP: 207.40 (3.15) Volume:391829
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ORBIT CORPORATION: The company has informed the Exchange that the Second conversion of the warrant exercise period commences from January 03, 2009 and ends on April 02, 2009. As per the terms of the issue of warrants, the warrants shall be converted at an exercise price which is calculated at below- (1) In case the Market Price is less than the Issue Price being Rs. 110/- (Rupees One Hundred Ten Only) per Equity Share arrived at from the book- building process, the price for the issuance of the Warrants shall be an amount that is at a 30% discount of the Market Price; (2) In case Market Price is at or above the Issue Price Rs. 110/- (Rupees One Hundred Ten only) per Equity Share arrived at from the book- building process, it shall be an amount that is at a 10% discount to the Market Price. |
NSE LTP: 69.40 (0.85) Volume:915456
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PRECOT MERIDIAN: The company has informed the Exchange that the Company have stopped production at our Meridian- Unit 3, situated near Pollachi with an installed capacity of 32,256 spindles, to take up structural repairs to the roof of the building. This has come about due to sagging in the roof trusses which led to a lowering of the false ceiling. With the longterm safety of the building in mind, it has been decided to dismantle the roof and strengthen the columns and trusses. This is being done now as the present fifty percent power cut and the prevailing market conditions mean that the opportunity cost on account of the stoppage is low. The Company is also able to re-allocate the power to it's other units in Tamil Nadu and operate them at over 90% utilization. By doing so Company will also be able to partially make up the production losses and satisfy it's market requirements. The Company expect the duration of stoppage to be between four to five months. |
NSE LTP: 40.00 (0.95) Volume:1290
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STATE BANK OF INDIA: The company has informed the Exchange that the Reserve Bank of India, vide its Notification No. DBS.ARS.No.7892/08.2 1,002/2008-2009 dated 26th December, 2008 have appointed the following 14 audit firms as Statutory Central Auditors for the Bank in terms of sub-section (1) of Section 41 of the State Bank of India Act, 1955, who shall hold office until the next Annual General Meeting of the Bank. |
NSE LTP: 1360.80 (28.95) Volume:2693191
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SUN PHARMACEUTICALS IND.: The company has informed the Exchange that- "We have sent two letters to Taro Pharmaceutical Industries Ltd (Taro) on 2nd January, 2009 as shown below- 1) One letter to the Board of Directors of Taro reiterating settlement proposals communicated on December 22, 2008 by Sun Pharma's Israeli legal counsel to the Taro's Israeli legal counsel, in accordance with the suggestion of the Supreme Court of Israel that the parties negotiate with one another to reach a settlement to resolve the dispute over the Special Tender Offer Litigation. 2) Another letter to the Chairman of the Audit Committee of Taro highlighting concerns on the financial statements as depicted in the Form 6-K filed with Securities and Exchange Commission (SEC), USA by Taro". Further, Company has informed that the company has also filed necessary notification with respect of the above to the SEC. |
NSE LTP: 1043.90 (-4.85) Volume:273566
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Source: NSE |