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      BSE Announcements
     
    Daily BSE Announcements: Wednesday, March 10, 2010

    NAGARJ.FERT.
    Nagarjuna Fertilizers and Chemicals to hold board meeting On 11 March 2010

    The board meeting of Nagarjuna Fertilizers and Chemicals will be held on 11 March 2010 to consider incorporation of wholly owned subsidiary company in Mauritius under the name and style of Nagajuna Mauritius.


    ADI BIR NUVO
    Aditya Birla Nuvo's subsidiary acquires Compass BPO Aditya Birla Nuvo has announced that Aditya Birla Minacs Worldwide Inc., Canada, a subsidiary of the company has acquired Compass BPO, UK, a BPO service provider.

    The company made this announcement after the trading hours on 10 March 2010.


    NIIT LTD.
    IGNOU & NIIT enters into a global partnership To enhance employable talent pool

    IGNOU and NIIT have entered into a global partnership in education & skill building for enhanced employability. Under this global partnership IGNOU & NIIT plan to collaborate in domains like information technology and management sciences for its India and international operations. The tie-up will also be extended to finishing school programs that would be available as optional programs for IGNOU students and alumni.

    The company made this announcement during rhe trading hours today, 10 March 2010.


    PRISM CEMENT
    Prism Cement declares second interim dividend Of 15%

    The board of Prism Cement in its meeting on 10 March 2010 has declared second interim dividend at the rate of Rs. 1.50 per share (15%) for the financial year 2009-2010.


    THERMAX
    Thermax & Babcock & Wilcox enters into a joint venture agreement For supercritical boilers

    Thermax and Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), a global leader in power generation industry and the original Babcock & Wilcox have announced the formation of a strategic joint venture to engineer, manufacture and supply supercritical boilers for the Indian power sector. The joint venture will also manufacture subcritical boilers over 300 megawatts (MW) in size.

    Thermax will own 51% share of the joint venture while United States-based B&W PGG will have 49% ownership. The joint venture will bring to the Indian power sector Thermax's expertise of integrating energy and environment solutions and B&W's long history of providing proven, state-of-the-art power generation technology and world class project management capabilities.

    The company made this announcement during the trading hours today, 10 March 2010.


    THOMAS COOK
    Thomas Cook expands its franchisee operations Thomas Cook (India) has announced a new gold circle partner in Virar region of Thane, Maharashtra. The Thomas Cook gold circle is an exclusive partnership between individuals / companies who are invited to partner with Thomas Cook India to sustain the leadership position by increasing customer access points and effectively dispensing high quality services with an integrated travel solution concept.

    The company made this announcement during the trading hours today, 09 March 2010.


    ZENSAR TECH.
    Zensar Technologies allots equity shares On exercise of stock option

    The committee of Zensar Technologies has allotted 6,718 equity shares of Rs. 10 each of the company on exercise of stock option by the employees of the company.


    EMPOWERIND
    Empower Industries' members approves issue of bonus shares To increase authorised share capital

    The members of Empower Industries India have approved the issue of bonus shares in the ratio of 23:2 to the existing shareholders of the company.

    The members have approved the issue of 3 crore convertible equity warrants

    on preferential basis.

    Further, the members have approved to increase the authorised share capital of the company from Rs 2 crore to Rs 25 crore.

    This was approved at the extraordinary general meeting held on 09 March 2010.


    ELF TRADING
    ELF Trading & Chemicals Manufacturing to issue preference shares Board meeting on 16 March 2010

    The board meeting of ELF Trading & Chemicals Manufacturing will be held on 16 March 2010 to consider issue of redeemable preference shares to the non existing shareholders of the company.


    KIRLOSAR PN
    Kirloskar Pneumatic Company appoints chairman With immediate effect

    The board of Kirloskar Pneumatic Company in its meeting on 09 March 2010 has elected Rahul C. Kirloskar as chairman of the company with immediate effect.


    PRISM INFO
    Prism Informatics to hold board meeting On 12 March 2010

    The board meeting of Prism Informatics will be held on 12 March 2010 to consider the proposal for preferential issue of 7 lakh, 10% compulsorily convertible debentures (CCDs) of Rs. 100 each.


    IFB IND.LTD.
    IFB Industries to consider dividend Board meeting on 19 March 2010

    The board meeting of IFB Industries will be held on 19 March 2010 to declare interim dividend to redeemable cumulative preference shareholder of the company.


    JALGAON RE-R
    Jalgaon Re-rolling Industries to allot shares & warrants Board meeting on 13 March 2010

    The board meeting of Jalgaon Re-rolling Industries will be held on 13 March 2010 to allot the shares and convertible warrants.


    SAKTHI SUGAR
    Sakthi Sugars to allot equity shares Board meeting on 13 March 2010

    The board meeting of Sakthi Sugars will be held on 13 March 2010 to consider allotment of equity shares on conversion of FCCBs.


    BAJAJ STEEL
    Bajaj Steel Industries appoints additional director With effect from 08 March 2010

    The board of Bajaj Steel Industries on 08 March 2010 has appointed Deepak Batra as additional director of the company.


    SIMMONDS-MAR
    Simmonds Marshall to issue & allot equity shares Board meeting on 17 March 2010

    The board meeting of Simmonds Marshall will be held on 17 March 2010 to consider issue and allotment of 1,40,000 equity shares of the company on preferential basis.


    STAR LEASING
    Star Leasing changes its name To Remidimcherla Power

    Star Leasing has announced that the name of the company has been changed from Star Leasing to Remidimcherla Power.


    BALA TEC GL
    Bala Techno Global allots equity shares On preferential basis

    The board of Bala Techno Global in its meeting on 10 March 2010 has approved the allotment of 2,40,000 equity shares to promoters on preferential basis.


    FACT ENTERP
    Fact Enterprise issues warrants On preferential basis

    The members of Fact Enterprise have approved the issuance of 150 lakh convertible warrants on preferential basis.

    This was approved at the extraordinary general meeting held on 08 March 2010.


    MASTER TRUST
    Master Trust to issue & allot warrants To convene EGM

    The board of Master Trust in its meeting on 08 March 2010 has approved to issue, offer and allot upto 47,75,000 warrants convertible into equity shares to the persons, corporate bodies or to any group of investors including promoters on preferential allotment basis.

    Further, the board has decided to convene extra-ordinary general meeting on 05 April 2010.


    SUJANA METAL
    Sujana Metal Products allots equity shares On 10 March 2010

    The committee of Sujana Metal Products in its meeting on 10 March 2010 has allotted 130 lakh equity shares of Rs. 5 each to promoters on conversion of warrants.


    SOUTH.LATEX
    Southern Latex to convene EGM On 31 March 2010

    Southern Latex has announced that the extraordinary general meeting of the company will be held on 31 March 2010.


    OSWAL YARNS
    Oswal Yarns' director resigns With effect from 25 February 2010

    The board of Oswal Yarns in its meeting on 06 March 2010 has accepted the resignation of B. B. Gandhi, director of the company with effect from 25 February 2010.


    MOSER BEAR
    Moser Baer achieves 7.3% module efficiency through its proprietary process Increases the module wattage from 340 watt / panel to 400 watt / panel

    Photovoltaic Technologies India (PVTIL), a subsidiary of Moser Baer India (MBIL) has announced successful completion of testing and validation of breakthrough process that will enhance the stable efficiency of its single junction thin film modules from 6% to 7.3%. The process has been designed at PVTILs Greater Noida plant by its in-house research team. This improves the module wattage from 340 watts / panel to 400 watts / panel on full size modules.

    This breakthrough has been achieved by judicious optimization of multiple layers in the device structure. This is one of the highest efficiency achieved of any a-silicon single junction thin film module of this size globally.

    The company made this announcement during the trading hours today, 09 March 2010.


    HELLA IND
    Hella India Lighting to hold board meeting On 16 March 2010

    The board meeting of Hella India Lighting will be held on 16 March 2010 to consider the allotment of 0.0000001% non-convertible non-cumulative redeemable preference shares.


    DIAMOND CABL
    Diamond Power to manufacture HT & LT cables Commences trial production at its new facility in Vadodara

    Diamond Power Infrastructure has announced the commencement of trial production at its new facility at Village Vadadala Ta Savli District, Vadodara to manufacture High Tension (HT) cables and Low Tension (LT) cables.

    The company's existing HT cables capacity of 2,800 kms per annum stands increased to 5,600 kms per annum, while the existing capacity of 8,800 kms will increase by 25,000kms to 33,800 kms.

    The commencement of this trial production completes the companys ongoing expansion projects in HT and LT cables project in which the company has made an investment of over Rs. 125 crore. At 100% capacity the estimated sales of the companies expanded HT and LT cables plant would be generating sales of over Rs 950 crore.

    The company made this announcement during the trading hours today, 09 March 2010.


    KALINDEE RAI
    Kalindee Rail Nirman to raise funds Appoints statutory auditors

    The members of Kalindee Rail Nirman (Engineers) have approved raising of money by way of issue of 12 lakh convertible warrants to promoters.

    Further, the members have approved the appointment of Amit Goyal & Company as statutory auditors of the company.

    This was approved at the extraordinary general meeting held on 08 March 2010.


    MAGMA FIN
    Magma Fincorp to issue & allot warrants Board meeting on 13 March 2010

    The board meeting of Magma Fincorp will be held on 13 March 2010 to consider the matter of issue and allotment of warrants on preferential basis to promoters of the company.


    KESAR PETRO
    Kesar Petroproducts to hold board meeting On 18 March 2010

    Kesar Petroproducts has decided to hold the board meeting of the company 18 March 2010.


    WINTAC LTD
    Wintac to hold board meeting On 18 March 2010

    The board meeting of Wintac will be held on 18 March 2010 to consider the issue of equity shares on rights issue basis to the members of the company.


    MOLD-TEK TEC
    Mold-Tek Plastics' board approves preferential allotment On 10 March 2010

    The board of Mold-Tek Plastics in its meeting on 10 March 2010 has approved the preferential allotment of 12,40,000 compulsorily convertible warrants at a price of Rs. 40 to promoters and others.


    HIMALAYA INT
    Himalya International enters nutraceutical market Launches nutritional supplements in NCR Delhi market

    Himalya International has announced its entry in 4000 crore domestic market in nutraceuticals and dietary supplements by launching nutritional supplements under brand name 1 daily in NCR Delhi market.

    The company made this announcement during the trading hours today, 10 March 2010.


    ACE INDIA LT
    Ace India to convene EGM On 26 March 2010

    Ace India has announced that the extraordinary general meeting of the company will be held on 26 March 2010.


    MARG LTD
    Marg enters into an MOU with Virginia Tech University Marg has entered into an MOU with Virginia Tech University, the largest university in the commonwealth of Virginia, USA to establish at Marg Swarnabhoomi, Chennai a university campus 'Virginia Tech MARG Swarnabhoomi, India' to offer advanced education and research in the fields of nanoscale science and engineering, nano biotechnology, biotechnology, information technology, automotive engineering.

    The company made this announcement before the trading hours today, 10 March 2010.


    GEI IND SYS
    GEI bags three orders worth Rs 54.46 crore In oil & gas sector

    GEI Industrial Systems has bagged three orders amounting to Rs 54.46 crore for supply of air cooled heat exchangers for upstream and downstream projects in the oil and gas sector for IOC, MRPL and ONGC.

    The order for the supply of air cooled heat exchangers for the fluid catalytic cracker unit of the Refinery Complex of Paradip Refinery Project has been awarded by the Owner Indian Oil Corporation. Toyo Engineering India is the EPC contractor for this project. Toyo has also awarded air cooled heat exchangers for the crude distillation unit/vacuum distillation unit and balance of plant of Delayed Coker unit of Mangalore Refinery Petrochemicals. The ONGC order has been awarded by Larsen & Toubro for supply of process gas and lube oil coolers for the MHN offshore platform of ONGC.

    The company made this announcement during the trading hours today, 10 March 2010.


    CHEMBOND CHM
    Chembond Chemicals to hold board meeting On 17 March 2010

    The board meeting of Chembond Chemicals will be held on 17 March 2010 to consider allotment of bonus shares.


    MANAPPURAM G
    Manappuram General Finance & Leasing to consider bonus issue & stock split Board meeting on 18 March 2010

    The board meeting of Manappuram General Finance & Leasing will be held on 18 March 2010 to consider bonus issue and split / subdivision of shares.


    SANRAA
    Sanraa Media appoints additional director With immediate effect

    The board of Sanraa Media in its meeting on 10 March 2010 has appointed Vijay R. Vakharia as additional director of the company with immediate effect.


    ARIHANT FOUN
    Arihant Foundations & Housing to hold board meeting On 16 March 2010

    The board meeting of Arihant Foundations & Housing will be held on 16 March 2010 to consider conversion of 4,30,000 convertible warrants into fully paid up equity shares of Rs. 10 each.


    PFL INFOTECH
    PFL Infotech to hold board meeting On 15 March 2010

    The board meeting of PFL Infotech will be held on 15 March 2010 for the purpose of considering the conversion of 11,50,000 warrants into equity shares of the company.


    INTELVISIONS
    Intellvisions Software forms a wholly owned subsidiary company In SAIF Zone

    Intellvisions Software has formed a wholly owned subsidiary company Intellvisions Software FZE in SAIF Zone under Free Trade License by forming an entirely new entity as per the rules and regulations of U.A.E. authorities. The wholly owned subsidiary company in U.A.E. has been registered and opened with effect from 03 March 2010.

    The company made this announcement after the trading hours on 10 March 2010.


    BSE INFRA
    BSEL Infrastructure Realty to hold board meeting On 25 March 2010

    The board meeting of BSEL Infrastructure Realty will be held on 25 March 2010 to consider the appointment of advisors for demerger of the company on the basis of various segments like hospitality & international projects into separate companies.


    KALE CONSUL.
    LOT Polish Airlines selects Kale's passenger revenue accounting solution 'REVERA' Kale Consultants has announced that LOT Polish Airlines has selected Kale's passenger revenue accounting solution 'REVERA'. The solution will be deployed as a hosted model, giving the airline better control on costs and access to best practice data center capabilities.

    With growing challenges like business complexity, volatile markets, price sensitivity, low margins and the successful emergence of new business models, airlines need to adopt more innovative, technology driven efficient business processes to optimize revenues and remain competitive. Kales new generation passenger revenue accounting solution - REVERA, helps airlines implement industry best practices to proactively adapt to dynamic market conditions. It enables airlines to deal with the most complex revenue accounting environments and respond to the demands of internal customers, with speed and accuracy.

    The company made this announcement during the trading hours today, 09 March 2010.


    BLB LTD.
    BLB declares interim dividend Of 20%

    The board of BLB in its meeting on 10 March 2010 has declared interim dividend at the rate of Re 0.20 per share (20%) for the financial year 2009-10.


    GEOMETRIC L
    Geometric releases version 7.1 of eDrawings Professional For NX

    Geometric, a leader in Product Lifecycle Management (PLM), engineering services and offshore product development solutions and technologies has announced the release of version 7.1 of eDrawings Professional for NX.

    eDrawings is the first e-mail enabled collaboration tool designed to ease the sharing and interpretation of 2D and 3D product design data. eDrawings Publishers are available on Pro/ENGINEER, CATIA V5, NX, Autodesk Inventor Series, SolidEdge, Google SketchUp, as well as for STEP/IGES/STL & DWG/DXF file formats.

    The company made this announcement after the trading hours today, 09 March 2010.


    AKSH OPTIFIB
    Aksh Optifibre allots equity shares On 05 March 2010

    The board of Aksh Optifibre has allotted 985,033 equity shares on 05 March 2010 upon conversion of FCCBs aggregating to US$ 1.5 million.


    MUKTA ARTS
    Mukta Arts' subsidiary signs MOU with Centum Learning To build professional skills among students

    Whistling Woods International, subsidiary of Mukta Arts has signed a MOU with Centum Learning, a Bharti associate company. The vertical specific programme would be offered by Centum Learning, this fall to build professional skills among students aspiring to join the booming media and entertainment sector in the country.

    The company made this announcement during the trading hours today, 10 March 2010.


    DYNACONS SYS
    Dynacons Systems & Solutions appoints statutory auditors The board of Dynacons Systems & Solutions in its meeting on 10 March 2010 has approved the appointment of P.C. Ghadiali & Co as statutory auditors of the company.

    JSL
    JSL appoints additional directors With effect from 09 March 2010

    The board of JSL has appointed Jurgen Hermann Fechter and James Alistair Kirkland Cochrane as additional directors with effect from 09 March 2010.


    IND INFOLINE
    India Infoline allots equity shares Under ESOS

    The committee of India Infoline on 09 March 2010 has allotted 81,200 equity shares to the eligible employees upon exercise of stock options under Employee Stock Option Scheme 2005.

    Upon allotment, the equity base of the company stand increased from 28,51,33,575 to 28,52,14,775 equity shares of Rs. 2 each.


    YES BANK
    Yes Bank allots equity shares On 09 March 2010

    Yes Bank has allotted 2,87,099 equity shares of face value of Rs. 10 each on 09 March 2010 under the Joining Stock Option Plan - I, Joining Employee Stock Option Plan - II, Joining Employee Stock Option Plan -III, YBL ESOP and YBL JESOP V/PESOP-II.


    RADHA MADHAV
    Radha Madhav Corporation's director resigns With effect from 08 March 2010

    The board of Radha Madhav Corporation in its meeting on 08 March 2010 has accepted the resignation of Ashok Agrawal as director of the company with effect from 08 March 2010.


    ACCEL FRONTL
    Accel Frontline declares interim dividend Of 15%

    The board of Accel Frontline in its meeting on 10 March 2010 has declared interim dividend at the rate of Rs 1.50 per share (15%) for the financial year ended 31 March 2010.


    SIMPLEX PROJ
    Simplex Projects secures contract Worth Rs 40 crore

    Simplex Projects has signed a development agreement for development, installation and operation and maintenance of a multi-level car parking facility at Pan Bazaar, Guwahati. The contract was awarded by The Chief Executive Officer, Guwahati Metropolitan Development Authority (GMDA), Bhanagarh, Guwahati, Assam on design, build, finance, operate and transfer (DBFOT) basis for a period of sixty years. The project cost is estimated at Rs. 40 crore.

    The company made this announcement after the trading hours on 10 March 2010.


    SUPREME INFR
    Supreme Infrastructure India bags two orders Worth Rs 405.44 crore

    Supreme Infrastructure India has successfully bagged 2 new orders aggregating to Rs. 405.44 crore.

    The company made this announcement during the trading hours today, 10 March 2010.

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