Thursday, April 23, 2015

IMPORTANT CORPORATE ANNOUNCEMENTS-3 - From 17.04.15 TO 23.04.15

IMPORTANT CORPORATE

 ANNOUNCEMENTS-3

From 17.04.15 TO 23.04.15 

 

Following are some of the Corporate announcements to the NSE from 17.04.2015 to

 23.04.2015.


23-apr-2015

HDFC Bank Limited has informed - that the Board of Directors have recommended a dividend of Rs. 8/- per equity share of Rs. 2/- each (i.e. 400 %) - for the year ended March 31, 2015.

Yes Bank Limited has informed - regarding a press release dated April 23, 2015, titled "Yes Bank Board approves proposal to increase FII/FPI limits to 74%".

Cera Sanitaryware Limited has informed - that the Board of Directors  has recommended a dividend of Rs. 6.25 (125%) per fully paid-up equity share of Rs. 5/- each.

Mahindra & Mahindra Limited has informed - regarding a press release dated April 22, 2015, titled "Mahindra inaugurates its extended automotive manufacturing facility at Zaheerabad in Telangana".

Cadila Healthcare Limited has informed - regarding a press release dated April 23, 2015, titled "Zydus Group to donate USD 240,000 to The National Institute of Health, USA for advancing leishmaniasis research".

National Fertilizers Limited has informed - that with reference to announcement dated March 05, 2015 vide which the Company have informed that the Vijaipur-I Plant was to remain under Annual Turn around w.e.f. March 04, 2015 and was expected to resume production by 3rd week of April, 2015. The Company has informed that after completion of shutdown, urea plant has resumed production w.e.f. April 16, 2015.

Rallis India Limited has informed - regarding a press release dated April 22, 2015, titled "Q4 profits rise 10%; Board recommends final dividend of Rs 1.50 per share (Total Rs 2.50 per share)".

Biocon Limited has informed - that Syngene International Limited, a subsidiary of the Company has proposed public issue of its equity shares through 100% book building method in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and has filed a Draft Red Herring Prospectus with the Securities and Exchange Board of India on April 22, 2015. Under the proposed issue/ shares will be offered through an offer for sale (OFS) route by Biocon Limited upto 22,000,000 equity shares of face value of Rs 10 each for cash and at such premium as may be determined. The offer includes a reservation of 2,000,000 Equity Shares for Biocon Shareholders.

22-apr-2015

Yes Bank Limited has informed - that the Board of Directors have recommended the payment of final dividend @ Rs. 9 per equity share i.e. 90% on equity shares of the Bank - payable after it is approved at the ensuing Annual General Meeting.

The Exchange has sought clarification from Century Textiles & Industries Limited with respect to recent news item captioned "Century set to cement ties with UltraTech". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company are aware of any information that has not been announced to the Exchanges under clause 36 of the Listing Agreement. The response from the Company is awaited.

The Exchange has sought clarification from Aditya Birla Nuvo Limited with respect to recent news item captioned "Century textile & Industries Ltd- textile division to be merged with AB nuvo Ltd". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company are aware of any information that has not been announced to the Exchanges under clause 36 of the Listing Agreement. The response from the Company is awaited.

Sobha Limited has informed - regarding a press release dated April 22, 2015 titled "Sobha Ltd. forays into a new segment in housing 'Sobha Dream Series'".

Reliance Power Limited has informed - regarding a media release dated April 22, 2015, titled "Sasan Ultra Mega Power Project Achieved Power Station Cod of its Entire 3960 MW".

Tech Mahindra Limited has informed - regarding a press release dated April 21, 2015, titled "Covisint and Tech Mahindra Form Strategic Relationship Focused on Expanding IoT Platform and Digital Transformation Solutions for Global Enterprises .

Indoco Remedies Limited has informed - that the Company's stock of finished goods and samples at its CWH godown at Indore have been damaged due to fire. These stock have been adequately insured. The Company is in the process of assessing the damage and lodging a claim with the Insurance Company.

Sesa Sterlite Limited has informed - regarding a press release dated April 22, 2015, titled "Sesa Sterlite Limited renamed Vedanta Limited".

Rajesh Exports Limited has informed - regarding a press release dated April 22, 2015, titled "Shubh Jewellers the retail brand of Rajesh Exports Ltd posts record retail sales during Akshaya Tritiya".

Rolta India Limited has informed - regarding a press note dated April 22, 2015, titled "Rolta's Solution wins the prestigious eGovernment Excellence Award 2015 in Bahrain .

Gitanjali Gems Limited has informed - that the Board of Directors of the Company at its meeting held on April 21, 2015 has considered and approved the Scheme of Amalgamation of Gitanjali Exports Corporation Limited (GECL), a wholly owned subsidiary with the Company. The Scheme is subject to sanction of the Hon'ble High Courts and all other statutory approvals as may be required under sections 391 to 394 of the Companies Act, 1956.

Cimmco Limited has informed - that the Company has received an Industrial License from Ministry of Commerce & Industry, Department of Industrial Policy & Promotion, Govt. of India, New Delhi vide DIL: 17(2015) dated April 17, 2015 for the manufacture of various items for defence and plans to take all steps for the purpose expeditiously subject to such other formalities/compliances as may be applicable in this respect.

21-apr-2015

Elgi Rubber Company Limited has informed - that the Board at its meeting held on April 21, 2015 approved the draft Scheme of Amalgamation proposing the amalgamation of Treadsdirect Limited and Parani Setels Private Limited, Wholly-Owned Subsidiaries with the Company.

Wendt (India) Limited has informed - regarding a press release dated April 21, 2015 titled "Consolidated sales up 13% and PAT by 16% ".

Wipro Limited has informed - regarding a press release dated April 21, 2015 titled "Wipro Appoints Rishad Premji to its Board".

News Verification : The media had reports "DB realty to sign revenue sharing agreement with Man-infra Shangvi SPV, Man infra may invest 100 cr in SPV .This is in the realm of speculation". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. D B Realty Limited has vide its letter inter-alia stated, "We deny that DB Realty has signed any agreement with Man Infra and / or Dilip Sanghvi SPV."

Palred Technologies Limited has informed - regarding a press release dated April 20, 2015 titled "LatestOne.com to Partner with India Post for All India COD services.".

Wipro Limited has informed - that the Board of Directors have considered and approved declaration of final dividend of Rs. 7/- per equity share of par value Rs. 2/- each.

News Verification : The media had reports "DB realty to sign revenue sharing agreement with Man-infra Shangvi SPV, Man infra may invest 100 cr in SPV ". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Man Infraconstruction Limited has vide its letter inter-alia stated, "The Company routinely explores various possibilities and Joint Venture with various business partners to develop a various properties in Mumbai. However no agreement of any nature has been reached between our company, Mr Dilip Sanghvi and DB Realty in any manner concerning any property."

Persistent Systems Limited has informed - regarding a press release dated April 21, 2015 titled "Persistent Systems Net Profit grows 16.6%; declares special dividend on 25th Anniversary ".

Neyveli Lignite Corporation Limited has informed - that Unit II (250MW) of Thermal Power Station II Expansion Project (2x250 MW) at Neyveli, which is the Nation's first project of this size with Circulating Fluidised Bed Combustion (CFBC) Boiler technology, has been successfully declared for commencement of commercial operation with effect from 00.00 Hours on 22.04.2015.

Rural Electrification Corporation Limited has informed - that in continuation to Company announcement dated March 13, 2015, it is informed that Project Specific Special Purpose Vehicles (SPVs) have been incorporated, as wholly owned subsidiary Companies of REC Transmission Projects Company Limited (RECTPCL), a Wholly Owned Subsidiary Company of Rural Electrification Corporation Limited (RECL).

Thomas Cook (India) Limited has informed - regarding a press release dated April 21, 2015, titled "Thomas Cook India expands network via smaller technology assisted outlets".

Subex Limited has informed - that the Company has allotted 20,90,668 equity shares pursuant to the conversion of US$ 0.85 Million out of Company's US$ 127,721,000 5.70 per cent secured convertible bonds due 2017 on April 20, 2015. Post the conversion, FCCBs aggregating to US$ 76.53 million are outstanding under the said Bonds.

HCL Technologies Limited has informed - that the Board of Directors of the Company at its meeting held on April 21, 2015 has declared an interim dividend of Rs.4/- per equity share of Rs 2/- each of the Company.

Adani Power Limited has informed - regarding Press release dated April 20, 2015, titled "Adani Power completes acquisition of Lanco Infratech's Udupi Power plant".

20-APR-2015

Lanco Infratech Limited has informed - regarding a press release dated April 20, 2015, titled "Lanco Successfully Completes Udupi power Plant sale to Adani Power".

Oil & Natural Gas Corporation Limited has informed -regarding a press release dated April 18, 2015, titled "ONGC presses Crisis Management Team (CMT) into action to control Ankleshwar well fire".


18-APR-15

NMDC Limited has informed - that the prices of Iron Ore w.e.f. April 18, 2015 are fixed as under:- (1) Lump ore @ Rs.3050 / WMT. (ii) Fines @ Rs.1960 / WMT.

17-Apr-15

Winsome Yarns Limited has informed - that the reference under section 15(1) of Sick Industrial Companies (Special Provisions) Act, 1985 filed by the Company with Board of Industrial and Financial Reconstruction (BIFR) has been registered as case No. 52/2015 by the BIFR

KNR Constructions Limited has informed - that the Company has been awarded by National Highway Authority of India, an orders worth of Rs. 937,08,00,000/- (Rupees Nine Hundred and Thirty Seven Crores and Eight Lakhs only) towards Improvement/ Augmentation of Four Laning from Km.5.000 to Km.79.340 (Existing Chainage) [Design Chainage Km.5.000 to Km.81.000] and Two Laning with Paved Shoulders from Km.79.340 to Km.118.795 (Existing Chainage) [Design Chainage Km.81.000 to Km.120.000] of Madurai Ramanathapuram Section of NH-49 [Total Design Length 115.000 Km] in the State of Tamil Nadu under NHDP Phase-III on EPC mode to be completed within a period of 30 months from the appointed date.

Essar Ports Limited has informed - that Vadinar Liquid Terminals Limited, a subsidiary of the Company has entered into a Concession Agreement with Kandla Port Trust for development of Marine Liquid Terminal facilities consisting of one Single Point Mooring system and two Product jetties at Vadina r in Gujarat. The terms of the concession is 30 years.

Shirpur Gold Refinery Limited has informed - that the Company has incorporated a step down subsidiary namely Precious Metals Mining and Refining Limited ( PMMRL ) with Registrar of Companies, PNG having it s Registered Office at Boroko, National Capital District, Papua New Guinea. The Company is incorporated as Wholly Owned Subsidiary of Dubai Subsidiary i.e. Shirpur Gold Trading DMCC. PMMRL is incorporated with the main objects of carrying out activities of Mining and Refining of Precious Metals.

Deepak Nitrite Limited has informed - that the Company has issued Commercial Papers (CP) for 60 crores value dated April 17, 2015.These have been subscribed by HDFC Bank Limited for 30 crores each with maturity date on July 16, 2015 and September 04, 2015.The aforesaid issuance of CP is to fund working capital requirement of the Company.

IG Petrochemicals Limited has informed - that "the Case for valuation of Domestic Tariff Area (DTA) sales pending before the Supreme Court has been decided in our favour. This absolves the Company of the contingent liabilities related to Excise and Customs duties to the extent of Rs. 128.75 Crores pending before the Supreme Court, disputes in appeals and show cause notices received from the concerned departments".

Punjab National Bank has informed - that the Bank has decided to revise interest rates on Rupee Term deposits w.e.f. April 23, 2015.

IL&FS Transportation Networks Limited has informed - that "MP Border Checkpost Development Company Limited, a subsidiary of the Company, which had been mandated the development of 24 Border Checkposts by the MP Road Development Corporation Limited has been issued Provisional Completion Certificate to commercially operate one more checkpost namely, Sendhwa-Khetia Border Checkpost effective today".

Bharat Petroleum Corporation Limited has informed - regarding "BPRL consortium establishes good productivity of reservoirs of Farfan discovery area in the Sergipe Basin, Brazil in a new appraisal well".

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