Channel Guide to announce financial results The board meeting of Channel Guide India will be held on 02 September 2008 to approve quarterly unaudited results of the company. |
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Aug 30, 2008
Channel Guide to announce financial results
Infosys inaugurates its second BPO campus in Jaipur
Infosys BPO, the business process outsourcing subsidiary of Infosys
Technologies has announced the inauguration of its second BPO campus at
Mahindra World City, the SEZ in Jaipur, Rajasthan. The Honorable Chief
Minister of Rajasthan, Vasundhara Raje was the chief guest. She was
accompanied by Digambar Singh, Minister of Industries, Government of
Rajasthan. Infosys? CEO and Kris Gopalakrishnan and member of the
board, Mohandas Pai, along with CEO and MD of Infosys BRO, Amitabh
Chaudhry, were also present.
The
new campus at the SEZ at Mahindra World City, Jaipur, will be spread
over 42 acres with a total investment of Rs 531 crore to be made in
phases. In phase 1 of its construction, the company has made an
investment of Rs 171 crore, creating a built-up area of 3,69,100 sq. ft
and a seating capacity of 3,200.
The Jaipur campus has been built
on the best global environment standards to ensure efficient
consumption of energy per square foot and the least carbon footprint.
The campus is designed as a green building to meet the gold/platinum
rating standard of LEEDS. As a part of Infosys? drive to become carbon
neutral, this campus will have 49% of the total area as the green belt.
Green sourcing practices, integrated water management, and adoption of
environment friendly refrigerant are among the many initiatives that
Infosys has undertaken to help control global warming and ozone
depletion.
The first Infosys BPO campus at Sitapur has been
operational since August 2006. This center has seen an investment of
Rs. 22.77 crore, a built-up area of 78,000 sq. ft and has a seating
capacity of 890.
The company made this announcement during the trading hours today, 29 August 2008.
Esab India's director resigns
Esab India has accepted the resignation of S Sundar Ram as director of the company with effect from 28 August 2008.
The company made this announcement during the trading hours today, 29 August 2008.
Emco grants stock options
The committee of Emco has granted 27,500 stock options covering right
to apply for equal number of equity shares of the company i.e. each
option carrying right to apply for one equity share of the company to
an employee of the company.
These options were granted at the committee meeting held on 29 August 2008.
Vijay Shanthi Builders allots equity shares
Vijay Shanthi Builders allots equity shares The board of Vijay Shanthi Builders has allotted 630000 equity shares of Rs 10 each fully paid up to Naresh Kumar (promoter) - 315000 shares and Varsha Jain (promoter) - 315000 shares on preferential basis at a price of Rs 56 per share. These shares were allotted at the board meeting held on 29 August 2008. |
PG Foils to allot warrants
The board meeting of PG Foils will be held on 31 August 2008 to approve
the allotment of 20,00,000 warrants to Consolidated Securities
(non-promoter) on preferential basis convertible into one equity shares
at Rs 100 per warrant.
Sarthak Global to consider dividend
The board meeting of Sarthak Global will be held on 04 September 2008
to approve the annual sccounts for the financial year ended 31 March
2008 and to recommend dividend, if any.
Orchid Chemicals & Pharmaceuticals allots equity shares
The committee of Orchid Chemicals & Pharmaceuticals has allotted
41,79,000 equity shares of Rs 10 each at a price of Rs 202.58 per share
pursuant to conversion of warrants by Divya R (22,62,500 shares),
Sowmya R (18,81,500 shares) and M R Girinath (35,000).
Further,
the committee has allotted 1500 equity shares of Rs 10 each in favour
employees at a price of Rs 193.25 per share under ESOP 2005 scheme.
Consequent to these allotments, the paid-up capital of the company has increased from Rs 662,615,760 to Rs 704,420,760.
These shares were allotted at the committee meeting held on 29 August 2008.
Orbit Exports to hold board meeting
The board meeting of Orbit Exports will be held on 03 September 2008 to
decide the day, date, time and venue of annual general meeting.
Rama Pulp & Papers to raise funds
The board of Rama Pulp & Papers has decided to raise funds by
issuing 22,50,000 warrants to be converted in to equal number of equity
shares within 18 months from the date of issuance of warrants on
preferential basis, subject to the approval of the shareholders.
This was decided at the board meeting held on 28 August 2008.
NMDC to set up integrated steel plant
NMDC is proposing to set-up an integrated steel plant at Nagarnar for
which company has initiated action and progress of the same will be
informed from time to time.
The company made this announcement during the trading hours today, 29 August 2008.
Superhouse to issue warrants
The shareholderes of Superhouse have approved the issue of 19,64,249
warrants at Rs 27 on preferential basis to the promoters / promoters
group.
The
warrants to be so issued shall have right to subscribe the equal number
of equity shares of nominal value of Rs 10 each at a premium of Rs 17
per share.
This was approved at the extraordinary general meeting held on 29 August 2008.
Uniproducts India to hold board meeting
Uniproducts India Ltd has informed BSE that a meeting of the Board of
Directors of the Company will be held on September 05, 2008, inter
alia, to consider and discuss the final order passed by the Securities
Appellate Tribunal (SAT) dated August 20, 2008 in the matter of
Uniproducts India Ltd Vs. The Securities and Exchange Board of India,
Appeal No. 71 of 2008 filed by the Company against the SEBI order dated
February 25, 2008 in respect of the proposed de-listing of securities
of the Company pursuant to rights issue under the SEBI (Delisting of
Securities) Guidelines, 2003. Further the Company shall take such steps
as the Board of Directors may decide with regard to the proposed
delisting of shares
Mafatlal Finance Company to hold board meeting
The board meeting of Mafatlal Finance Company will be held on 09
September 2008 to approve the resignation of directors.
Jupiter Bioscience recommends dividend
The board of Jupiter Bioscience has recommended dividend at the rate of 20%.
This was recommended at the board meeting held on 29 August 2008.
Mount Shivalik Industries recommends dividend
The board of Mount Shivalik Industries has recommended dividend at the rate of 12%.
This was recommended at the board meeting held on 29 August 2008.
Orient Paper & Industries' board approves scheme of arrangement
The board of Orient Paper & Industries has approved scheme of
arrangement for reconstruction of GMMCO and the company whereby and
whereunder the chemical division of GMMCO with all assets and
liabilities relating thereto will be transferred to the company with
effect from the appointed sate. i.e. 01 October 2008. The rest of the
business and undertaking of GMMCO will continue to remain with GMMCO.
This was approved at the board meeting held on 29 August 2008.
Silverline Technologies to issue securities
The board of Silverline Technologies has approved to issue ADRs / GDRs
/ FCCB for cash /swap of shares for acquisition.
The board has decided to convene extra-ordinary general meeting on 22 September 2008 to seek approval for the above.
This was approved at the board meeting held on 28 August 2008.
Nectar Lifesciences' board approves stock split
The board of Nectar Lifesciences has approved to issue of warrants,
that are convertible into equity shares on preferential basis upto the
amount of US$ 2.5 million to CVCIGP - II Employee Rosehill, CVCIGP - II
Client Rosehill.
The
board has approved the sub-division of every equity shares of face
value of Rs 10 each into 10 equity shares of face value of Re 1 each.
This was decided at the board meeting held on 28 August 2008.
Gremach Infrastructure Equipments & Projects gets SEZ formal approval
Gremach Infrastructure Equipments & Projects has received formal
approval from Government of India, Ministry of commerce & industry
for setting up a SEZ for Metal at Gadhinglaz District Kolhapur
(Maharashtra).
Gadhinglaz
is well located between Belgam and Kolhapur. Gremach has taken over
full possession of land intend to set up SEZ. It was inaugurated by
Honbl. Speeker of Maharashtra Legislative Assembly Baba Saheb Koprekar.
Strategically
location of SEZ is ideal for metal industries. A lot of Foundries are
located nearby. Looking to the hazel free opportunities of SEZ, they
are willing to set up their units at SEZ as export oriented units,
Proximity to SEZ from the Iron ore Belt of Goa, Sindhdurg and Bellary
is an added advantage. It is also nearest to the seaport.
The company made this announcement after the trading hours on Thursday, 28 August 2008.
Amarjothi Spinning Mills recommends dividend
The board of Amarjothi Spinning Mills has recommended dividend at the rate of 14%.
This was recommended at the board meeting held on 25 August 2008.
Amarjothi Spinning Mills appoints additional director
The board of Amarjothi Spinning Mills has appointed V T Subramanian as
additional director (independent director) of the company.
This was decided at the board meeting held on 25 August 2008.
Nihar Info Global's director resigns
The board of Nihar Info Global has accepted the resignation of MVR Sastry as independent director of the company.
This was decided at the board meeting held on 27 August 2008.
Crazy Infotech to allot equity shares / warrants
The board meeting of Crazy Infotech will be held on 06 September 2008
to consider the allotment of equity shares / warrants on preferential
basis to the shareholder of Animantz Creative Animators P and to any
HNIs, promoters etc.
National General Industries to amalgamate with Modi Metal Udyog
The board of National General Industries has approved the proposal to
amalgamate National General Industries with Modi Metal Udyog.
The board has approved the expansion of business of the company by setting up a new steel rolling mill in the State of Punjab.
This was approved at the board meeting held on 28 August 2008.
PHIL Corporation reports net loss of Rs 0.40 crore in the June 2008 quarter
PHIL Corporation reported net loss of Rs 0.40 crore in the quarter
ended June 2008. Sales reported to Rs 0.08 crore in the quarter ended
June 2008.
Mascon Global to raise funds
The board of Mascon Global has decided to raise funds by issue of GDRs,
in one or more tranches, upto a total sum of US$ 60 million (including
green shoe option of US$ 10 million).
The
board has approved to issue international securities like FCCB / GDR /
ADR including on a stock swap basis to the extent of US$ 150 million.
This was decided at the board meeting held on 28 August 2008.
Dish TV India to grant stock optons
The committee of Dish TV India has approved the grant of 30,000 stock
options to the non-promoter non-executive independent directors of the
company at Rs 36.10.
The company made this announcement after the trading hours on Thursday, 28 August 2008.
Panchsheel Organics to issue equity shares
The board of Panchsheel Organics has approved the issue of equity
shares on preferential allotment basis to the Aopogee Pharma Inc., New
York, USA and Apex International Fzc. Sharjan and others.
This was approved at the board meeting held on 28 August 2008.
Apollo Finvest (I) reports net loss of Rs 0.22 crore in the June 2008 quarter
Apollo Finvest (I) reported net loss of Rs 0.22 crore in the quarter
ended June 2008 as against net profit of Rs 0.40 crore during the
previous quarter ended June 2007. Sales rose 76.00% to Rs 0.44 crore in
the quarter ended June 2008 as against Rs 0.25 crore during the
previous quarter ended June 2007.
Beckons Industries to hold AGM
The board of Beckons Industries has decided to convene annual general meeting on 30 September 2008.
This was decided at the board meeting held on 26 August 2008.
Network to incorporate subsidiary in India / overseas
Network has decided to expand the operations of the company by
incorporating a subsidiary company in India / overseas.
The company made this announcement during the trading hours today, 29 August 2008.
Heritage Foods opens 79 heritage dairy parlours
Heritage Foods India has decided to adopt the new marketing strategy
for sale of exclusive dairy products of the company by way of giving
permission to third party (franchisee) for opening of heritage dairy
parlour. Accordingly, 79 heritage dairy parlours in various locations
have been opened during the last quarter and more parlours are expected
to add during the year in southern states of India.
The
company has opened 48 parlours in Hyderabad, 2 parlours in
Visakhapatnam, 7 parlours in Rajahmundry, 6 parlours in Tirupathi, 11
parlours in Chennai, 5 parlours in Bangalore.
The company made this announcement during the trading hours today, 29 August 2008.
ACC allots shares
ACC has allotted 1,050 shares against exercise of employee stock
options under ESOS 2003 (300 shares) and ESOS 2004 (750 shares),
pursuant to the resolutions passed by circular dated 27 August 2008 by
the shareholders / investors grievance committee of the board.
Consequently,
the paid up share capital of the company has increased from
18,76,52,030 shares to 18,76,53,080 shares of Rs 10 face value, as of
date.
The company made this announcement during the trading hours today, 29 August 2008.
Gemstone Investments to increase authorized capital
The board of Gemstone Investments has decided to increase the
authorized capital of the company from Rs 3.10 crore to Rs 10 crore,
for further expansion plans.
The
board has decided to raise funds for further expansion plans of the
company via preferential issue by allotting upto 60,00,000 convertible
equity warrants of Rs 10 each to various allottees.
This was decided at the board meeting held on 27 August 2008.
Sunitee Chemicals appoints directors
The board of Sunitee Chemicals has appointed Dhaval Solanki and Preeti Patadia as directors.
This was decided at the board meeting held on 22 August 2008.
Manappuram General Finance & Leasing to make preferential issue
Fiem Industries recommends dividend
The board of Fiem Industries has recommended dividend at the rate of Rs 2.50 per share (25%).
This was recommended at the board meeting held on 29 August 2008.
Micro Technologies India recommends dividend
The board of Micro Technologies India has recommended dividend at the
rate of Rs 2 per share (20%) for the year ended 31 March 2008.
This was recommended at the board meeting held on 29 August 2008.
K Sera Sera Productions to convene AGM
K Sera Sera Productions to convene AGM The board of K Sera Sera Productions has decided to convene annual general meeting on 29 September 2008. The board has approved to issue of equity linked instrument to Yes Bank on preferential Basis. This was decided at the board meeting held on 29 August 2008. Powered byCapital Market - Live News |
Winsome Textile Industries to issue warrants
The board of Winsome Textile Industries has decided to offer and issue
upto 75,00,000 convertible warrants, provided that the aggregate number
of resultant equity shares of the company to be issued against such
warrants, with in 18 months, shall not exceed 75,00,000 fully paid up
equity shares of the face value of Rs 10 each at a price of Rs 24 each
to financial investor and promoter / promoter group.
this was decided at the board meeting held on 29 August 2008.
Polytex India appoints additional director
Polytex India has appointed Pallavi Dhoot as an additional director.
The company has accepted the resignation of Vivek Nevatia from the directorship of the company with effect from 20 August 2008.
The company made this announcement after the trading hours on Friday, 29 August 2008.
Satra Properties India recommends final dividend
The board of Satra Properties India has recommended final dividend at the rate of Re 0.10 per share (5%).
This was recommended at the board meeting held on 29 August 2008.
Lee & Nee Softwares Exports to hold board meeting
The board meeting of Lee & Nee Softwares Exports will be held on 04
September 2008 to receive consider, approve and adopt the final
accounts of the company for the financial year ended 31 March 2008
together with the report of the auditors' thereon.
Lokesh Machines' director resigns
Lokesh Machines' director resigns
Lokesh Machines hasaccepted the resignation of V Shankar, nominee
director of Industrial Development Bank of India with effect from 02
August 2008.
Winsome Textile Industries to issue warrants
The board of Winsome Textile Industries has decided to offer and issue
upto 75,00,000 convertible warrants, provided that the aggregate number
of resultant equity shares of the company to be issued against such
warrants, with in 18 months, shall not exceed 75,00,000 fully paid up
equity shares of the face value of Rs 10 each at a price of Rs 24 each
to financial investor and promoter / promoter group.
this was decided at the board meeting held on 29 August 2008.
Alchemist Realty recommends dividend
The board of Alchemist Realty has recommended dividend at the rate of 15% for the financial year 2007-08.
This was recommended at the board meeting held on 29 August 2008.
Salzer Electronics' board approves sheme of merger / amalgamation
The board of Salzer Electronics has approved the sheme of merger /
amalgamation of Salzer Cables with Salzer Electronics.
This was approved at the board meeting held on 29 August 2008.
Veer Energy & Infrastructure's board approves bonus issue
The board meeting of Veer Energy & Infrastructure has decided to issue bonus shares in the ratio of 14:10.
Further,
the board has decided to convene extra ordinary general meeting on 20
September 2008, to seek the consent of the members on the above issue
of bonus shares.
This was decided at the board meeting held on 29 August 2008.
Rajasthan Chief Minister inaugurates Mahindra World City's IT SEZ
The Honourable Chief Minister of Rajasthan, Vasundhara Raje inaugurated
Mahindra World City (MWC), Jaipur?s IT SEZ today. MWC, Jaipur?s IT SEZ
is spread across approximately 750 acres and is the largest planned IT
SEZ in the country. This IT SEZ currently plays host to companies such
as Infosys, Wipro, Deutsche Bank, Nucleus Software, Conations and other
leading IT organizations. This IT SEZ forms a part of the larger 2600
acre multi-product SEZ that also has light engineering, auto ancillary,
handicrafts and logistics zones, with an envisaged investment of Rs
10,000 crore and projected employment of 1 lakh by 2012.
MWC,
Jaipur a leading example of public-private partnership, is a 74:26
joint venture between Mahindra Lifespace Developers and the Rajasthan
State Industrial Development and Industrial Corporation. A notable fact
is that this SEZ has become operational within two years of its initial
launch. In addition to the customers in the IT SEZ, MWC, Jaipur?s
client list includes ICICI Bank, QH Talhros, Marsons Electricals,
Tijaria Polyprep, Dynamic Engineering, Polymed, Genus Power, Veto
Electropower, Pink City Enterprises, Artasia, Artage, Heritage, A L
Paperhouse, Vamani Enterprises, Rustic Furniture.
The company made this announcement after the trading hours on Friday, 29 August 2008.









