Dec 3, 2009

Sejal Architectural Glass allots warrants

The board of Sejal Architectural Glass in its meeting held on 03 December 2009 has allotted 50,00,000 warrants to Sejal Float Glass (45,50,000 warrants) and Hero Multi-Pap (4,50,000 warrants).

Piramal Healthcare to raise funds

The board of Piramal Healthcare in its meeting on 03 December 2009, approved a proposal for raising funds upto an amount of Rs. 1000 crores through an issue of equity / equity-linked securities.

Visagar Polytex opens its 15th showroom in Bhilwara

Visagar Polytex is opening its newest showroom at 130, Azad Chowk, Bhilwara (Rajasthan) on 06 December 2009.

Cerebra Integrated Technologies to issue equity shares & warrants

The board of Cerebra Integrated Technologies has decided to increase the authorised capital from the existing Rs. 18,00,00,000 divided into 1,80,00,000 equity shares of Rs. 10 each to Rs. 45,00,00,000 divided into 4,50,00,000 equity shares of Rs. 10.

Fusion Fittings India to delist shares

The board of Fusion Fittings has voluntarily decided to get the equity shares of the company delisted from Jaipur Stock Exchange and Ahmedabad Stock Exchange.

Oracle Financial Services Software allots equity shares

The committee of Oracle Financial Services Software has allotted 23,719 equity shares of face value of Rs. 5 each to eligible employees of the company who exercised their stock options under the Employee Stock Option Scheme, 2002.

JSW posts 123% growth in crude steel production

JSW Steel reported a growth of 123% in crude steel production for November 2009 compared to that of corresponding month in the last fiscal year.

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Indian Metals & Ferro Alloys to issue and allote equity shares

The extraordinary general meeting of Indian Metals & Ferro Alloys will be held on 29 December 2009 to offer, issue and allot on preferential basis up to 25,00,000 equity shares of Rs. 10 each at a price of Rs. 387 per share.

HCL Technologies to implement SAP for Egypt`s Sahara Petroleum Services Company

HCL Technologies (HCL), the global IT services provider has entered into a SAP implementation engagement with Sahara Petroleum Services Company (SAPESCO), a multi-disciplined petroleum services company providing services to Oil & Gas companies in the Middle East and North Africa (MENA) region. This implementation spans SAPESCOs presence in Egypt, Libya and Syria.

L&T Infra lowers its PLR by 0.50%

L&T Infrastructure Finance Company (L&T Infra), set up as a wholly owned subsidiary of engineering & construction major Larsen & Toubro under its Financial Services Group for financing infrastructure sector, has been in business for nearly three years now - since obtaining its registration as an NBFC from the Reserve Bank of India in January 2007.

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