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Company Annoucements

Mphasis announces Q1 results; net up 27.29%

by free stock tips on February 25, 2010

in Company Annoucements

Mphasis has announced its audited results for the quarter ended January 31, 2010.
The company has posted a net profit after tax of Rs 238.52 crore for the quarter ended January 31, 2010 as compared to Rs 187.37 crore for the quarter ended January 31, 2009, up 27.29%.
Total income has increased from Rs 767.88 crore for [...]

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Pantaloon to merge consumer durable biz of arm with itself

by free stock tips on February 25, 2010

in Company Annoucements

The company’s board has approved demerger of consumer durables and home improvement business from Home Solutions Retail (India) Ltd
Retail major Pantaloon Retail (India) on Wednesday said that it will merge the consumer durable business of its subsidiary with itself.
The board has approved demerger of consumer durables and home improvement business from Home Solutions Retail (India) [...]

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Shree Ashtavinayak – Allotment of Bonus Shares

by free stock tips Company Annoucements

Shree Ashtavinayak Cine Vision Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 03, 2010, inter alia, has resolved to allot and issue 63,24,67,240 fully paid-up bonus shares of Re. 1 each to those members whose names appear in the register of members as on February [...]

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Dishman Pharmaceuticals to issue NCDs worth Rs 75 crore

by free stock tips Company Annoucements

Dishman Pharmaceuticals and Chemicals’ board has approved the proposal to issue non-convertible debentures (NCDs) up to an amount of Rs 75 crore, for augmenting medium to long-term resources of the company, including regular capital expenditure.
Dishman Pharmaceuticals is engaged in manufacturing of Bulk APIs, Intermediates, Specialties and Quats.

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HCL Technologies – ESOP Allotment

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HCL Technologies Ltd has informed BSE that the Employees Stock Option Allotment Committee of the Company has on December 21, 2009 allotted 3,96,156 Equity Shares of Rs. 2/- each, under the 1999, 2000 and 2004 Stock Option Plans of the Company.
Consequent to the said allotment the paid-up share capital of the Company has gone upto [...]

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Bhagwati Banquets launches CLUB TGB

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Bhagwati Banquets and Hotels has launched first of it’s kind exclusive club with world best amenities and facilities named as ‘CLUB TGB’ in city of Surat, alongside it’s upcoming five star hotel and convention center. The launch of club in Surat, Gujarat is expected to prove company’s right step towards right direction.
Bhagwati Banquets & Hotels [...]

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Ambica Agarbathies – Outcome of Board Meeting

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Ambica Agarbathies & Aroma Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 21, 2009, inter alia, has decided to convert following Convertible Share Warrants into Equivalent Number of Equity shares on receipt of the full consideration from the respective allottees
1. M/s Trinethra Infra Ventures [...]

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Corporation Bank – Change in Directorate

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Corporation Bank has informed BSE that in exercise of powers conferred by clause (b) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 read with sub-clause (1) of clause 3 of the Nationalised Banks
(Management and Miscellaneous Provisions) Scheme, 1980, the Central Government has nominated, Shri Lalit Kumar, [...]

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SBI – Updation – SBI General Insurance Company Ltd; Joint Venture with IAG

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In terms of the Joint Venture Agreement signed by State Bank of India with Insurance Australia Group (IAG) on November 24, 2008 for its General Insurance subsidiary, SBI has made an investment of Rs. 111 Crores towards the 74% share of the equity capital of SBI General Insurance Company Ltd. IAG International Pty. Ltd. a [...]

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Beckons Industries – Outcome of Board Meeting

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Beckons Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 25, 2009, inter alia, has discussed and decided the following:
1. Resolved to recommend the increase of Authorised Share Capital of the Company from Rs. 38.00 Crore to Rs. 80.00 Crore under the provisions of Section [...]

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