Roto Pumps Secures Export Order

Roto Pumps Ltd has informed the Indian Stock market that the Company have bagged a major Export Order valuing AUD 0.5 million (Rs 200/- lacs) from M/s. Blue Water for their Water Desalination Project in Sydney, Australia. M/s. Blue Water is a joint venture of John Holland Pty Ltd and Veolia Water Australia Ltd. The Company have bagged this order against stiff
International competition.

Allied Computers -stock split

Allied Computers International (Asia) Ltd has informed the Indian stock market that the Board of Directors of the Company at its meeting held on August 27, 2008, has approved the Sub-division of 1 Equity Shares of Rs 10/- each into 10 Equity Shares of Rs 1/ each, subject to the approval of the Shareholders by the Postal Ballot.

Gemini Communication-Stock Split

Gemini Communication Ltd has informed the Indian stock market that September 24, 2008 has been fixed as the Record Date for the purpose of sub division of equity shares from Rs 5/- (Five only) to Rs 1/- (One only).

Veer Energy - approves Bonus Issue

Veer Energy & Infrastructure Ltd has informed the Indian stock market that the Board of Directors of the Company at its meeting held on August 29, 2008, has decided to issue Bonus Shares in the ratio of 14:10 (Every share holder holding 10 equity shares is getting 14 Bonus shares) subject to approval of members and the Extra Ordinary General Meeting and concern
authorities.

Further the Board has decided to convene an Extra Ordinary General Meeting of the members of the Company on September 20, 2008, to seek the consent of the Members on the above issue of Bonus shares.

Gloster Jute -Record Date for Bonus Issue

Gloster Jute Mills Ltd has informed the Indian Stock market that October 01, 2008 has been fixed as the Record Date for the purpose of issue of Bonus shares in the ratio of 1:1.

L&T Record Date-1:1 Bonus Issue

Larsen & Toubro (L&T) Ltd has informed the Indian stock market that October 03, 2008 has been fixed as the Record Date for the purpose of issue of Bonus shares in the ratio of 1:1 (i.e. one bonus share for every one share held).

Equity Market News-29th Aug 2008

• Wadias, Danone close to resolving dispute, French Co may give control once it receives its dividend - ET
• Greater Noida Airport plans short down, Attorney General says new airport must wait till DAIL capacity is saturated - DNA
• Cement prices fall in North by Rs 5-10/50kg bag as supply improves - ET
• Jai Corp eyes gas distribution biz - ET
• Petrobas eyes 2 OVL oil fields in Brazil - ET
• Gitanjali pulls out of bid to buy US based retail chain Whitehall - ET
• Deccan to be rebranded as Kingfishre Red - BS
• Tata Steel global eyes $1bn PE deal, may offload 8-10% stake - Mint

Nectar Lifesciences - Stock Split

Nectar Lifesciences Ltd has informed the stock market that the Board of Directors of the Company at its meeting held on August 28, 2008, has approved the stock split i.e. sub-division of every equity shares of face value of Rs 10/- each into 10 equity shares of face value of Re 1/- each and consequential changes in Memorandum of Articles of Associations of the Company.

To resolutions towards seeking approval of shareholders for the above purposes, would be proposed in the forthcoming Annual General Meeting scheduled to be held on September 29, 2008.

Hind Rectifiers Record Date- Bonus Issue

Hind Rectifiers Ltd has informed the indian stock market- October 07, 2008 has been fixed as the Record Date for the purpose of issue of Bonus Shares in the ratio of 1:1 (one share of every one share held).

J Kumar Infraprojects secures order

J Kumar Infraprojects Ltd has informed the Indian stock market that the Company have secured an Rs 62 Crore Pune Municipal Corp JNNURM Division No 2, Pune to Construct Brigde cum Flyover at Holker Bridge on Mula River in Pune City.

Following the above order the order book position of the Company, as on date, stands at about Rs 746.95 Crore.

GEI bags order worth Rs 40 Crore for Air Cooled Steam Condensers for Power Plant

GEI Industrial Systems Ltd has informed the Indian stock market that the Company bags orders worth Rs 40 Crores for Air Cooled Steam Condensers for Power Plants, from KSK Group of Hyderabad, Dharani Sugars and Chemicals Ltd and OPG Power Generation Pvt. Ltd.

Thomas Cook - Rights Issue 2008

Thomas Cook India Ltd has informed the Indian stock market that at the meeting of Board of Directors of the Company held on March 23, 2007, it was resolved to issue shares on a rights basis in the ratio of one equity share for every three equity shares held as on the Record Date. The proposed issue size of upto Rs 225 crores. Subsequently, pursuant to the meeting of the Board of Directors of the Company held on October 26, 2007, the Company had intimated to the stock markets that the proposed rights issue of the Company would be deferred till further notice.

The Board of Directors of the Company, vide a circular resolution dated August 26, 2008, have approved to raise funds not exceeding Rs 200 Crore by way of issue of equity shares to the existing equity shareholders of the Company on a "Rights" Basis. The rights ratio, price and other terms of the proposed issue would be decided at a later date. The earlier announced resolution, including the ratio of one equity share for every three equity share held as on the record date stands cancelled.

Equity Market News Today

• Tatas set 2-week deadline for Singur: ET
• RIL may transfer 80% in KG D6 to four unlisted subsidiaries: ET
• ONGC blocks Statoil move to treble stake in KG basin - BS
• 3G spectrum auction for CDMA players, means no automatic entry for RCOM into 3G arena: ET
• PTC plans to buy stake in overseas mines, mulls coal imports: BS

Jamshri Ranjitsinghji Board approves Rights Issue

Jamshri Ranjitsinghji Spinning & Weaving Mills Company Ltd has informed the Indian stock market that the Board of Directors of the Company at its meeting held on August 25, 2008, has approved the issue of Rights Shares to its shareholders in the ratio of 1:1 at par subject to the approval of the Statutory bodies and subject to the directions of B.I.F.R and compliance of all other applicable laws.

Apeego Board to consider Bonus Issue

Apeego Ltd has informed the Indian stock market that a meeting of the Board of Directors of the Company will be held on September 04, 2008, to consider bonus issue to the equity shareholders of the Company.

Equity Market News Today

• Tatas set 2-week deadline for Singur: ET
• RIL may transfer 80% in KG D6 to four unlisted subsidiaries: ET
• ONGC blocks Statoil move to treble stake in KG basin - BS
• PTC plans to buy stake in overseas mines, mulls coal imports: BS

Ram Informatics - Order from Department of Horticulture

Ram Informatics Ltd has informed the indian stock market that the Company have received an order from Department of Horticulture, Government of Andhra Pradesh for development of Web Based Application Software for Hybrid Vegetable Seed Distribution System.

Take Solutions fixes Record Date for Stock Split

Take Solutions Ltd has informed the Indian stock market that September 25, 2008 has been fixed as the Record Date for the purpose of sub-division of Equity Shares from the face value of Rs 10/- per share to Re 1 per share, which was earlier approved by the shareholders in the Annual general Meeting.

Maharashtra Industrial Board to consider Stock Split

Maharashtra Industrial Leasing & Investments Ltd has informed the Indian Stock Market that a meeting of the Board of Directors of the Company will be held on August 30, 2008, to consider the following:

1. To fix the Book Closure date.
2. To Split the Shares in smaller nos.
3. To Issue share / Warrants on preferential basis.
4. To Increase in Authorised Capital.
5. To approve the 4th quarter result.

Gujarat Apollo Board recommends Bonus Issue

Gujarat Apollo Industries Ltd has informed Indian Stock Market that the Board of Directors of the Company at its meeting held on August 23, 2008, inter alia, has considered issue of bonus equity shares in the proportion of one equity share for every two equity shares held on the record date, to be decided in due course of time.

Bosch Board to consider Buyback of equity shares

Bosch Ltd has informed the Indian stock Market that a meeting of the Board of Directors of the Company will be held on September 02, 2008, to consider proposal to 'Buyback some part of the equity shares of the Company' pursuant to Section 77A of the Companies Act, 1956 and if approved, to seek approval of the shareholders for the same through postal ballot as required under The Companies (Passing of Resolution by Postal Ballot) Rules, 2001.

Equity Market News Today

• Proxy battle brewing in GHCL ahead of AGM on Sept 12 - BS
• Kolte-Patil, UK's Arora Int to call off Hotel JV - ET
• Leading Foreign telecom investors need Datacom partners to exit as a pre-condition to pick up stake in the co- ET
• Hindalco's 50% rights issue under-written by bankers - BS
• Lavasa Corp plans to raise Rs 2000 cr via 10% dilution through IPO in 2010 - FE
• Oil marketing cos will have to pay more for petrol, diesel from EOU refinery - BL
• PE fims, Kotak eye stake in Balaji Tele - ET
• Regulator to oversee coal pricing soon -ET
• HCC to invest Rs 1000 cr in large townships this fiscal-BS
• TVS-German co sign JV for auto seating component-BS