Oct 21, 2008

Bodal Chemicals to allot equity shares

Posted on 2:21 PM by India Insured | No comments
24 Sep 2008 | 12:42

http://investorline.co.in


Bodal Chemicals to allot equity shares


The board meeting of Bodal Chemicals will be held on 25 September 2008
to allot equity shares of the company to shareholders of Milestone
Organic under scheme of amalgamation.

Haryana Financial Corporation allots equity shares

Posted on 2:19 PM by India Insured | No comments
19 Sep 2008 | 18:02




Haryana Financial Corporation allots equity shares


The board of Haryana Financial Corporation has issued / allotted
8,00,00,000 equity shares of Rs 10 each (at par) to Governor of Haryana
on 11 September 2008 against the share capital contribution of Rs
80,00,00,000 received from the State Government during the year 2008-09.

These shares were allotted at the board meeting held on 28 August 2008.

Nagarjuna Construction Company secures four new orders

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23 Sep 2008 | 14:37




Nagarjuna Construction Company secures four new orders


Nagarjuna Construction Company has secured four new orders aggregating
Rs 413 crore. The first order valued at Rs 229 crores is secured from
the Chief Engineer, MSEDCL, Mumbai for supply and commissioning of sub
transmission lines, distribution lines, power transformers, new sub
stations and other allied works in Osmanabad & Latur divisions to
be completed over a period of 24 months.

The
second order is from the engineer-in-chief public health, Hyderabad for
design and execution of Eluru water supply scheme valued at Rs 73 crore
to be completed over a period of 18 months. The third order valued at
Rs 61 crore is from the Info Park, Thapasya, Kusumagiri, Kochi for
construction of 5.5 lakhs sq. ft. software development buildings to be
completed over a period of 18 months and the Fourth order is Valued at
Rs 50 crores from the APIICL, Hyderabad for commissioning of 1500 mm
dia MS gravity main under Somasila drinking water supply scheme at
Kadapa-Rajampet Highway to be completed over a period of 12 months.

The company made this announcement during the trading hours today, 23 September 2008.

Rubra Medicaments' director resigns

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18 Sep 2008 | 16:57




Rubra Medicaments' director resigns


The board of Rubra Medicaments has accepted the resignation of
Manikchand Gupta, director with effect from 18 September 2008.

Further,
the board has appointed Sushant Mohanlal as director of the company to
fill the casual vacancy caused by the resignation of Manikchand Gupta
with immediate effect.

This was decided at the board meeting held on 18 September 2008.

Auto International receives orders worth Rs 10.60 million

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22 Sep 2008 | 17:50




GS Auto International receives orders worth Rs 10.60 million


GS Auto International has received export orders worth Rs 10.60 million
from various customers, such as Arvin Meritor, Hermann Peter Gmbh
Germany, Sieg Fried Templing Gmbh Germany, Rotark Gears B.V.Holland and
Mast Trading Company, Dubai. With these orders, the company has total
export orders in hand, worth Rs 38.50 million, till dates.

Geodesic Information Systems changes its name

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19 Sep 2008 | 17:54




Geodesic Information Systems changes its name


Geodesic Information Systems has announced that the name of the company
has been changed from Geodesic Information Systems to Geodesic with
effect from 19 September 2008.

The company made this announcement during the trading hours today, 19 September 2008.

Alumeco India Extrusion reports net loss of Rs 0.15 crore in the June 2008 quarter

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23 Sep 2008 | 16:45




Alumeco India Extrusion reports net loss of Rs 0.15 crore in the June 2008 quarter


Alumeco India Extrusion reported net loss of Rs 0.15 crore in the
quarter ended June 2008 as against net profit of Rs 0.14 crore during
the previous quarter ended June 2007. Sales declined 6.72% to Rs 27.78
crore in the quarter ended June 2008 as against Rs 29.78 crore during
the previous quarter ended June 2007.

For
the full year, net loss reported to Rs 6.59 crore in the year ended
June 2008 as against net profit of Rs 1.74 crore during the previous
year ended June 2007. Sales declined 17.85% to Rs 99.98 crore in the
year ended June 2008 as against Rs 121.70 crore during the previous
year ended June 2007.

Lanco Global Systems' director & CEO resigns

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16 Sep 2008 | 13:56




Lanco Global Systems' director & CEO resigns


The board of Lanco Global Systems has accepted the resignation of Y
Anand Swaroop as director & CEO of the company with effect from 01
September 2008.

This was accepted by the board of director on 09 September 2008.

Pioneer Embroideries appoints nominee director

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17 Sep 2008 | 09:46




Pioneer Embroideries appoints nominee director


Pioneer Embroideries has announced that Export-Import Bank of India has
nominated Samuel Joseph Jaebaraj as their nominee on the board of the
company with effect from 08 September 2008.

The company made this announcement after the trading hours on Tuesday, 16 September 2008.

XL Telecom & Energy adjourns board meeting

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22 Sep 2008 | 13:49




XL Telecom & Energy adjourns board meeting


XL Telecom & Energy has announced that due to sudden absence of key
independent directors causing lack of quorum for audit committee
meeting, the committee meeting and board meeting to consider the
financial results for the year ended June 30, 2008 adjourned to 27
September 2008.

The company made this announcement during the trading hours today, 22 September 2008.

Jhaveri Flexo India allots equity shares

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23 Sep 2008 | 17:05




Jhaveri Flexo India allots equity shares


The board of Jhaveri Flexo India has allotted 30,35,000 equity shares
having face value of Rs 5 per share at a price of Rs 60 per share to
some strategic investors on preferential allotment basis.

These shares were allotted at the board meeting held on 23 September 2008.

Jyoti Overseas reports net loss of Rs 0.79 crore in the June 2008 quarter

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16 Sep 2008 | 17:25




Jyoti Overseas reports net loss of Rs 0.79 crore in the June 2008 quarter


Jyoti Overseas reported net loss of Rs 0.79 crore in the quarter ended
June 2008 as against net loss of Rs 1.43 crore during the previous
quarter ended June 2007. Sales declined 91.51% to Rs 0.23 crore in the
quarter ended June 2008 as against Rs 2.71 crore during the previous
quarter ended June 2007.

Dr Reddys Laboratories allots equity shares

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23 Sep 2008 | 11:42




Dr Reddys Laboratories allots equity shares


The committee of Dr Reddys Laboratories has allotted 21,800 ADRs of Rs
5 each of the company to US employees of the company who have exercised
their ADR stock options, pursuant to Dr. Reddy's employees ADR stock
option scheme, 2007.

These ADRs were allotted at the committee meeting held on 23 September 2008.

Bombay Polymers appoints additional directors

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18 Sep 2008 | 09:38




Bombay Polymers appoints additional directors


Bombay Polymers has appointed Isaac Nadar, Ganesh Ramani and Mahesh
Chotrani as additional directors on 24 September 2007.

The company has accepted the resignation of Anil Rajgarhia, Ramesh Chandra Adukia and Sarika Rajgarhia on 20 May 2008.

The company made this announcement after the trading hours on Wednesday, 17 September 2008.

Birla Cotsyn recommends dividend

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19 Sep 2008 | 17:57




Birla Cotsyn recommends dividend


The board of Birla Cotsyn (India) has recommended dividend at the rate of 5%.

This was recommended at the board meeting held on 19 September 2008.

Sundram Fasteners appoints additional director

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18 Sep 2008 | 16:35




Sundram Fasteners appoints additional director


Sundram Fasteners has appointed Arundathi Krishna as additional
director (non-independent director) with effect from 18 September 2008.
Arundathi Krishna has also been appointed as whole-time-director of the
company for a period of 5 years from 18 September 2008 to 17 September
2013.

The company made this announcement during the trading hours today, 18 September 2008.

Kilitch Drugs India to allot warrants

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16 Sep 2008 | 17:33




Kilitch Drugs India to allot warrants


The board of Kilitch Drugs India has made allotment of 2900000 warrants
to be exchanged for one fully paid up equity shares of Rs 10 each for
even warrants held at a price of Rs 120 per equity share on
preferential basis to promoter and non promoter.

This was decided at the board meeting held on 16 September 2008.

Sarang Chemicals' director resigns

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19 Sep 2008 | 16:06




Sarang Chemicals' director resigns


The board of Sarang Chemicals has decided to appoint Anindo A Banerji as director of the company.

The board has accepted the resignation of Bharat V Dave as director of the company.

This was decided at the board meeting held on 19 September 2008.

JMD Telefilms Industries net profit rises 71.43% in the June 2008 quarter

Posted on 2:18 PM by India Insured | No comments
19 Sep 2008 | 15:03




JMD Telefilms Industries net profit rises 71.43% in the June 2008 quarter


Net profit of JMD Telefilms Industries rose 71.43% to Rs 0.12 crore in
the quarter ended June 2008 as against Rs 0.07 crore during the
previous quarter ended June 2007. Sales declined 25.13% to Rs 14.06
crore in the quarter ended June 2008 as against Rs 18.78 crore during
the previous quarter ended June 2007.

Aban Offshore signs agreement with Husky Oil China

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26 Sep 2008 | 12:08




Aban Offshore signs agreement with Husky Oil China


Aban Offshore has announced that a letter of agreement has been signed
with Husky Oil China in relation to the possible deployment of the
jack-up rig deep driller 5 offshore China for a 3 firm wells + 3
optional wells programme. Subject to the fulfillment of conditions, the
estimated revenues from the firm period of the contract would be
approximately US$ 38.70 million. The deployment is to commence in
direct continuation of its present contract, which is expected in the
first quarter of 2009.

The company made this announcement during the trading hours today, 26 September 2008.

Umred Agro Complex appoints additional diector

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18 Sep 2008 | 16:23




Umred Agro Complex appoints additional diector


Umred Agro Complex has appointed Surendra N Mishra as additional direct
(independent and non-executive) on 29 August 2008.

The company has accepted the resignation of R P M Tripathi as special director (independent and non-executive) on 28 May 2008.

The company made this announcement during the trading hours today, 18 September 2008.

Tudor India to hold EGM

Posted on 2:18 PM by India Insured | No comments
24 Sep 2008 | 10:24




Tudor India to hold EGM


The board of Tudor India has decided to convene extraordinary general meeting on 27 October 2008.

This was decided at the board meeting held on 23 September 2008.

Saksoft appoints additional director

Posted on 2:18 PM by India Insured | No comments
25 Sep 2008 | 14:09




Saksoft appoints additional director


Saksoft has appointed N K Subramaniyam as additional director. He will
be whole time executive director of the company with effect from 25
September 2008.

The company made this announcement during the trading hours today, 25 September 2008.

TCS signs five year global contract with Ericsson

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17 Sep 2008 | 12:13




TCS signs five year global contract with Ericsson


Tata Consultancy Services, a leading IT services, business solutions
and outsourcing firm announced that it has signed a five year global
contract with Ericsson, the world-leading supplier in
telecommunications, to deliver application maintenance and development
services for Ericsson's internal if operations.

TCS
has been selected as one of the two strategic partners that will
deliver application maintenance services to Ericsson and a preferred
supplier for application development services.

The company made this announcement during the trading hours today, 17 September 2008.

Jindal Hotels to issue warrants

Posted on 2:18 PM by India Insured | No comments
16 Sep 2008 | 15:30




Jindal Hotels to issue warrants


The board meeting of Jindal Hotels which is scheduled to be held on 14
September 2008 has been postponed to 23 September 2008 to consider to
issue warrants convertible into equity shares at a future date on
preferential basis.

Gandhimathi Appliances to announce financial results

Posted on 2:18 PM by India Insured | No comments
25 Sep 2008 | 16:30




Gandhimathi Appliances to announce financial results


The board meeting of Gandhimathi Appliances will be held on 03 October
2008 for consideration of unaudited financial results for the fourth
quarter ended on 30 June 2008.

Trinethra Infra Ventures acquires land for construction of 3-star hotel

Posted on 2:18 PM by India Insured | No comments
17 Sep 2008 | 10:57




Trinethra Infra Ventures acquires land for construction of 3-star hotel


Trinethra Infra Ventures has acquired a piece of land - admeasuring
3597 sq yards at Kakinada in the State of Andhra Pradesh for
construction of 3-star hotel. The company had also completed
Registration and shorty commence construction activities in the said
land.

The company made this announcement during the trading hours today, 17 September 2008.

Maestros Mediline Systems' board approves buy-back of shares

Posted on 2:18 PM by India Insured | No comments
22 Sep 2008 | 09:49




Maestros Mediline Systems' board approves buy-back of shares


The board of Maestros Mediline Systems has approved the offer of buy
back of shares to the extent of 10% of paid-up equity capital and free
reserves of the company. The buy back shall be carried out from the
open market through the Bombay Stock Exchange at a maximum price of 75
per share.

This was approved at the board meeting held on 20 September 2008.

Gallantt Metal to issue & allot equity shares

Posted on 2:18 PM by India Insured | No comments
18 Sep 2008 | 09:32




Gallantt Metal to issue & allot equity shares


The board of Gallantt Metal has decided to issue and allot upto
50,00,000 equity shares of face value of Rs 10 to FIIs/NRIs/strategic
investor on preferential allotment basis.

Further,
the company has decided to increase the authorised share capital from
Rs 80,00,00,000 divided into 8,00,00,000 equity shares of Rs 10 each to
Rs 83,00,00,000 divided into 8,30,00,000 equityshares of Rs 10 each.

This was decided at the board meeting held on 17 September 2008.

Subex paves the way for proactive fraud management with Nikira 7.0

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22 Sep 2008 | 10:48




Subex paves the way for proactive fraud management with Nikira 7.0


Subex, a leading global provider of operations and business support
systems has announced the launch of Nikira V7.0 the next version of its
industry leading fraud management solution. The new version provides
operators with next generation fraud management capabilities for
proactive fraud management through early detection of internal and
external fraud.

Nikira
V7.0 comes with enhanced fraud management capabilities with increased
scope and scalability. The most significant enhancement to this new
version is eFingerprinting, marking the next generation of fraud
management. This patent - pending approach introduces behavioral
mechanisms of detecting fraud early, enabling proactive fraud
management. Unlike the existing profiling solutions that focus only on
subscriber related checks, eFingerprinting allows operators to profile
and study behavior around any entity that they feel will impact revenue
- internal users, credit cards or even cellsites. This offers a vast
range of practical applications like post acquisition subscriber
checks, internal fraud detection, detecting defaulters and the like.

The company made this announcement during the trading hours today, 22 September 2008.

Aurionpro Solutions allots equity shares

Posted on 2:18 PM by India Insured | No comments
19 Sep 2008 | 16:02




Aurionpro Solutions allots equity shares


The board of Aurionpro Solutions has allotted 1,50,000 equity shares
against convertible warrants issued on 22 March 2007 to Paresh Zaveri
(NRI promoters) - 1,00,000 shares, Matterhorn Ventures (FII) - 50,000
shares on preferential basis.

In
view of the above, the issued and paid up capital of the company
increased to Rs 14,79,94,170 consisting 1,47,99,417 equity shares of Rs
10 each.

These shares were allotted at the board meeting held on 19 September 2008.

GS Auto International receives orders worth Rs 10.60 million

Posted on 2:18 PM by India Insured | No comments
22 Sep 2008 | 17:50




GS Auto International receives orders worth Rs 10.60 million


GS Auto International has received export orders worth Rs 10.60 million
from various customers, such as Arvin Meritor, Hermann Peter Gmbh
Germany, Sieg Fried Templing Gmbh Germany, Rotark Gears B.V.Holland and
Mast Trading Company, Dubai. With these orders, the company has total
export orders in hand, worth Rs 38.50 million, till dates.

Gulf Oil Corporation appoints additional director

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26 Sep 2008 | 12:35




Gulf Oil Corporation appoints additional director


The board of Gulf Oil Corporation has appointed Prakash Shah, a former
Ambassador and Permanent Representative of India to the UNO as
additional director. He is an independent director. Further, Alain V
Dujean, director, forming part of promoters category has resigned with
effect from 25 September 2008.

This was decided at the board meeting held on 25 September 2008.

Multiplus Holdings to hold board meeting

Posted on 2:18 PM by India Insured | No comments
26 Sep 2008 | 12:13




Multiplus Holdings to hold board meeting


The board meeting of Multiplus Holdings will be held on 03 October 2008
to consider the draft letter of offer and all matters pertaining to the
rights issue of equity shares of the company.

Jhaveri Flexo India allots equity shares

Posted on 2:18 PM by India Insured | No comments
23 Sep 2008 | 17:05




Jhaveri Flexo India allots equity shares


The board of Jhaveri Flexo India has allotted 30,35,000 equity shares
having face value of Rs 5 per share at a price of Rs 60 per share to
some strategic investors on preferential allotment basis.

These shares were allotted at the board meeting held on 23 September 2008.

Jyoti Overseas reports net loss of Rs 0.79 crore in the June 2008 quarter

Posted on 2:17 PM by India Insured | No comments
16 Sep 2008 | 17:25




Jyoti Overseas reports net loss of Rs 0.79 crore in the June 2008 quarter


Jyoti Overseas reported net loss of Rs 0.79 crore in the quarter ended
June 2008 as against net loss of Rs 1.43 crore during the previous
quarter ended June 2007. Sales declined 91.51% to Rs 0.23 crore in the
quarter ended June 2008 as against Rs 2.71 crore during the previous
quarter ended June 2007.

HDFC Bank to announce Q2 results

Posted on 2:17 PM by India Insured | No comments
24 Sep 2008 | 15:13




HDFC Bank to announce Q2 results


The board meeting of HDFC Bank will be held on 16 October 2008 to
consider the unaudited financial results for the second quarter and
half year ending 30 September 2008 (Q2).

Indiabulls Financial Services allots equity shares

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18 Sep 2008 | 11:09




Indiabulls Financial Services allots equity shares


The board of Indiabulls Financial Services has allotted 2,02,780 equity
shares of face value of Rs 2 each to eligible employees under
IBFSL-ICSL ESOP - 2006.

Consequent
to the above allotment, the paid-up equity share capital of the company
stands increased from Rs 50,68,53,978 divided into 25,34,26,989 equity
shares of face value of Rs 2 each to Rs 50,72,59,538 divided into
25,36,29,769 equity shares of face value of Rs 2 each.

The company made this announcement during the trading hours today, 18 September 2008.

Jyoti allots equity shares

Posted on 2:17 PM by India Insured | No comments
25 Sep 2008 | 12:21




Jyoti allots equity shares


The board of Jyoti has allotted 2,99,404 equity shares on conversion of
equity warrants to Marut R Patel on preferential basis.

These shares were allotted at the board meeting held on 25 September 2008.

Sanguine Media to allot equity shares

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18 Sep 2008 | 11:40




Sanguine Media to allot equity shares


The committee of Sanguine Media has approved the allotment 70,50,000
equity shares on rights basis to the eligible shareholders.

This was approved at the committee meeting held on 17 September 2008.

Zicom Electronic Security Systems receives order worth Rs 7.50 crore

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25 Sep 2008 | 10:33




Zicom Electronic Security Systems receives order worth Rs 7.50 crore


Zicom Electronic Security Systems has procured an order for supply,
installation, commissioning and project management of wireless
broadband outdoor surveillance system for Gurgaon on turn key basis for
a total cost of Rs 7.50 crore. The formal order in this regard is
expected in short time.

The company made this announcement during the trading hours today, 25 September 2008.

Lanco Global Systems' director & CEO resigns

Posted on 2:17 PM by India Insured | No comments
16 Sep 2008 | 13:56




Lanco Global Systems' director & CEO resigns


The board of Lanco Global Systems has accepted the resignation of Y
Anand Swaroop as director & CEO of the company with effect from 01
September 2008.

This was accepted by the board of director on 09 September 2008.

Uno Metals net profit rises 2512.50% in the March 2008 quarter

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16 Sep 2008 | 10:15




Uno Metals net profit rises 2512.50% in the March 2008 quarter


Net profit of Uno Metals rose 2512.50% to Rs 20.90 crore in the quarter
ended March 2008 as against Rs 0.80 crore during the previous quarter
ended March 2007. There were no sales reported in the quarter ended
March 2008 and during the previous quarter ended March 2007.

For
the full year, net profit rose 3641.75% to Rs 72.59 crore in the
yearended March 2008 as against Rs 1.94 crore during the previous year
ended March 2007. There were no sales reported in the year ended March
2008 and during the previous year ended March 2007.

State Bank of India's director resigns

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23 Sep 2008 | 17:46




State Bank of India's director resigns


State Bank of India has accepted the resignation of Suman Kumar Bery as director with effect from 19 September 2008.

The company made this announcement during the trading hours today, 23 September 2008.

Axon Infotech appoints additional directors

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22 Sep 2008 | 14:32




Axon Infotech appoints additional directors


The board of Axon Infotech has appointed Premraj Alva and Sunder Venkatraman as additional directors.

The board has accepted the resignation of Pradeep Dhanuka and Govind Sharma.

The board has approved to merge the 51% owned subsidiary Quasar Innovations with the company.

This was decided at the board meeting held on 20 September 2008.

Kennametal India's director resigns

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19 Sep 2008 | 16:38




Kennametal India's director resigns


Kennametal India has accepted the resignation of Doulgas C Phillips as
director of the company with effect from 12 September 2008.

The company made this announcement during the trading hours today, 19 September 2008.

Jyoti to allot equity shares

Posted on 2:17 PM by India Insured | No comments
22 Sep 2008 | 16:48




Jyoti to allot equity shares


The board meeting of Jyoti will be held on 25 September 2008 to
consider allotment of 2,99,404 equity shares on conversion of equity
warrants to Marut R Patel, a non-resident Indian on preferential basis.

Beryl Securities reports no net profit or loss in the June 2008 quarter

Posted on 2:17 PM by India Insured | No comments
18 Sep 2008 | 13:45




Beryl Securities reports no net profit or loss in the June 2008 quarter


Beryl Securities reported no net profit or loss in the quarter ended
June 2008 as against net profit of Rs 0.01 crore during the previous
quarter ended June 2007. Sales declined 33.33% to Rs 0.02 crore in the
quarter ended June 2008 as against Rs 0.03 crore during the previous
quarter ended June 2007.

Sharp Trading & Finance reports no net profit or loss in the March 2008 quarter

Posted on 2:16 PM by India Insured | No comments
17 Sep 2008 | 13:45




Sharp Trading & Finance reports no net profit or loss in the March 2008 quarter


Sharp Trading & Finance reported no net profit or loss in the
quarter ended March 2008 as against net profit of Rs 0.02 crore during
the previous quarter ended March 2007. Sales rose 144.88% to Rs 5.02
crore in the quarter ended March 2008 as against Rs 2.05 crore during
the previous quarter ended March 2007.

For
the full year, net profit rose 100.00% to Rs 0.02 crore in the year
ended March 2008 as against Rs 0.01 crore during the previous year
ended March 2007. Sales rose 295.12% to Rs 8.10 crore in the year ended
March 2008 as against Rs 2.05 crore during the previous year ended
March 2007.

Tech Mahindra to allot equity shares

Posted on 2:16 PM by India Insured | No comments
16 Sep 2008 | 17:41




Tech Mahindra to allot equity shares


The committee of Tech Mahindra has approved the issue and allotment of
a total of 54,455 equity shares of Rs 10 each of the company to various
applicants. 30,950 equity shares, on exercise of stock options under
ESOP 2000 and 23,505 equity shares, on exercise of stock options under
ESOP 2006.

This was approved by the committee of directors on 16 September 2008.

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