Shoppers Stop has opened one MAC store at Shopper`s Stop - Noida. With the opening of this store, the company has now eleven MAC stores.
Source :www.biginfotech.in
Dec 24, 2009
Andhra Bank raises funds
Andhra Bank has raised Rs. 280 crore of upper tier-II bonds at an annual coupon of 8.70%, which was fully subscribed on the date of opening of the issue. The issue opened on 14 December 2009 and closed on 15 December 2009.
Further, the bank has raised Rs. 320 crore of subordinated debt bonds - lower tier-II bonds. The issue opened on 15 December 2009 and closed on 21 December 2009. The coupon rate was 8.55% payable annually.
Source :www.biginfotech.in
Further, the bank has raised Rs. 320 crore of subordinated debt bonds - lower tier-II bonds. The issue opened on 15 December 2009 and closed on 21 December 2009. The coupon rate was 8.55% payable annually.
Source :www.biginfotech.in
Diamond Cables raises funds
Diamond Cables have raised Rs. 300 million from TATA Capital as long term working capital loan. These funds will be used to augment company`s core working capital requirements.
Further the company has informed that, the company is having outstanding orders of worth Rs 1100 core in hand.
Source :www.biginfotech.in
Further the company has informed that, the company is having outstanding orders of worth Rs 1100 core in hand.
Unity Infraprojects allots equity shares
The committee of Unity Infraprojects has allotted 1,449,476 equity shares at a price of Rs. 506 per share, aggregating Rs. 733.43 million.
Source :www.biginfotech.in
Bhagwati Banquets and Hotels launches CLUB TGB
Bhagwati Banquets and Hotels launched the exclusive club with world best amenities & facilities named `CLUB TGB` in city of Surat, Gujarat, alongside it`s upcoming Five star Hotel and Convention center at Surat on 24 December 2009.
Source :www.biginfotech.in
Sanwaria Agro Oils to raise funds
The members of Sanwaria Agro Oils have accorded to create, issue, offer and allot equity shares for an amount not exceeding Rs. 200 crore by way of private placement of equity shares including allotment to Qualified Institutional Buyers (QIBs) through Qualified Institutional Placement (QIP).
Hanung Toys & Textiles signs export order tie-up with a leading US buyer
Hanung Toys & Textiles has signed export order tie-up with a leading US buyer for exporting home furnishing to the extent of US$ 60 million to be completed by December, 2012. This agreement will bring greater strength and better revenue to the company.
Source :www.biginfotech.in
Patels Airtemp secures orders
Patels Airtemp India has secured orders worth Rs 2.86 crore for HVAC and chiller supply works at Sterling Addlife India and HVAC works at Bhavnagar, Gujarat.
Source :www.biginfotech.in
Omnitech InfoSolutions allots equity shares & warrants
The board of Omnitech InfoSolutions in its meeting on 22 December 2009 has approved the allotment of 8,62,000 convertible warrants and allotment of 2,77,794 equity shares pursuant to conversion of warrants.
Source :www.biginfotech.in
Saksoft grants stock options
The committee of Saksoft has approved the proposal of granting 1,20,000 options under the Employees Stock Option Plan 2009 to eligible employees of the company. These options are convertible into equity shares of Rs.10 each at the time of exercise of the option.
Source :www.biginfotech.in
Shree Ashtavinayak Cine Vision allots GDRs
The board of Shree Ashtavinayak Cine Vision in its meeting on 23 December 2009 has issued and allotted 1,77,77,770 Global depositary Receipts of US$ 4.05 each i.e. 5,33,33,310 equity shares of Re. 1 each fully paid up. The GDR so issued shall be listed at Luxemburg Stock Exchange and the underlying shares shall be listed on the BSE/NSE where the existing shares of the company are listed and traded.
Source :www.biginfotech.in
Dec 23, 2009
Shiva Cement to increase authorised share capital
The extraordinary general meeting of Shiva Cement will be held on 08 January 2010 to increase the authorised share capital of the company from Rs 4000 lakhs to Rs 4600 lakhs.
Source :www.biginfotech.in
Adani Power wins 1,200 MW bid in Maharashtra
Adani Power Maharashtra, a subsidiary of Adani Power (APL) has been awarded a Letter of Intent (LOI) by Maharashtra State Electricity Distribution Company (MSEDCL) for purchase of 1,200 MW of power on long-term basis. This is one more achievement for APL coming close on the heels of LOI of 1,200 MW last week from Rajasthan Utilities.
GIVO to issue & allot equity shares
The extra ordinary general meeting of GIVO will be held on 11 January 2010 to offer, grant, issue and allot 20,00,000 equity shares of the company to existing and future directors, employees of the company and employees of the associated company, subject to necessary provisions & approvals.
Source :www.biginfotech.in
Yes Bank allots equity shares
Yes Bank has allotted 6,23,956 equity shares of face value of Rs. 10 each under the Joining Stock Option Plan - I (JSOP-I), Joining Employee Stock Option Plan - II (JESOP-II), Joining Employee Stock Option Plan - III (JESOP-III), YBL ESOP and YBL JESOP V/PESOP-II.
Source :www.biginfotech.in
KEC International wins Middle East order
KEC International (KEC), a global leader in the power transmission EPC business and an RPG group company, has won orders from Abu Dhabi in the Middle East aggregating to Rs. 401 crore. The order will be executed for Abu Dhabi Transmission & Despatch Company (TRANSCO).
Adhunik Metaliks signs definitive agreement with India Infrastructure Fund
Adhunik Metaliks has signed a definitive agreement with India Infrastructure Fund (IIF), managed by IDFC Project Equity Company for having an investment of Rs 2500 million in its power subsidiary Adhunik Power & Natural Resources (APNRL) towards part financing the equity of its ongoing 540 MW coal based Merchant Power Project at Damshedpur, Dharkhand.
Source :www.biginfotech.in
Catvision Products secures prestigious order
Catvision Products has been awarded a prestigious order for the supply and installation of LED score boards for Rs. 2,77,37,554. The score boards are going to be installed at Major Dhyan Chand National Stadium, New Delhi which is one of the venues for Commonwealth Games-2010. The order has been placed by the executive engineer, CPWD, Commonwealth Games Division, New Delhi.
Source :www.biginfotech.in
Ramsarup Industries to issue preference share
The committee of Ramsarup Industries have decided to seek consent of the members for redeemable preference share issue up to 225 crore through postal Ballot and to reclassify the authorized share capital.
Source :www.biginfotech.in
Sujana Metal Products to issue GDRs
The committee meeting of Sujana Metal Products will be held on 23 December 2009 to consider and decide the date of opening of the issue of Global Depository Receipts (GDRs) upto an amount of US$ 30 million.
Source :www.biginfotech.in
Sujana Towers to issue GDRs
The committee meeting of Sujana Towers will be held on 23 December 2009 to consider and decide the date of opening of the issue of Global Depository Receipts (GDRs) upto an amount of US$ 30 million.
Source :www.biginfotech.in
NTPC receives ICSI National Award
NTPC had been awarded with ICSI National Award for excellence in Corporate Governance 2009. The award was given away by Shri Vilasrao Deshmukh, Hon`ble Union Minister for Heavy Industries & Public Enterprises at an award function held at Bombay Stock Exchange, Mumbai on 19 December 2009 in presence of Hon`ble Justice R. C. Lahoti, former Chief Justice of India. R. S. Sharma, Chairman & Managing Director, NTPC received the award.
Source :www.biginfotech.in
SE Investments to increase authorised share capital
The extraordinary general meeting of SE Investments will be held on 15 January 2010 to increase the authorised share capital of the company from Rs. 85,000,000 divided into 6,000,000 equity shares of Rs. 10 each and 2,500,000 preference shares of Rs. 10 each to Rs. 1,250,000,000 by creation of 11,4000,000 equity shares of Rs. 10 each and 2,500,000 preference shares of Rs. 10 each.
Source :www.biginfotech.in
Reliance Media World reaches out to rural India with BIG Rural
Adding another feather to its cap, Reliance Media World is all set to tap into the rich potential of rural markets with the launch of a new business unit BIG RURAL. This division of Reliance Media World is the radio industry`s first attempt to reach out to rural markets and offer marketers activation solutions backed by radio support. A truly thought leadership initiative, BIG Rural will give brands inroads into lakhs of villages across the country.
Shiva Fertilizers allots equity shares
The board of Shiva Fertilizers in its meeting on 22 December 2009 has allotted 13,12,500 equity shares of Rs. 10 each at a premium of Rs. 30 each.
Source :www.biginfotech.in
Asian Oilfield Services to issue warrants
The board of Asian Oilfield Services in its meeting on 22 December 2009 has approved to issue 40,50,000 convertible share warrants of Rs 10 each to Vertex Suppliers (20,25,000 warrants) and Gellert Mercantile (20,25,000 warrants).
Source :www.biginfotech.in
Mastek allots equity shares
The committee of Mastek has allotted 1,429 equity shares under ESOP and the paid-up share capital has subsequently increased to Rs. 13,46,04,195.
Source :www.biginfotech.in
Dec 22, 2009
Sun TV Network announces a new distribution organization
Sun TV Network announced that it will restructure its distribution business and team with the creation of two verticals.
One focused on managing the South Indian operations and the International business and the second focused on expanding the SUN TV bouquet into the North, West and Eastern Markets of India.
TAKE Solutions announces the `TAKE Solutions World Corporate Golf Challenge 2009-10`
TAKE Solutions, leaders in supply chain management (SCM) and Life Sciences Products has announced the Take Solutions World Corporate Golf Challenge (TSWCGC) 2009-10. The event will start from 29 December 2009 at the Kodaikanal Golf Club.
Source :www.biginfotech.in
Third successive gas discovery by RIL in KG-DWN-2003/1
Reliance Industries (RIL) has announced its third successive gas discovery in the exploration block KG-DWN-2003/1 (KG-V-D3) of NELP-V. The deepwater block KG-DWN-2003/1 is located in the Krishna basin, about 45 kilometers off the coast in the Bay of Bengal. The block covers an area of 3288 square kilometers. RIL holds a 90% participating interest (PI) and Hardy Exploration and Production India Inc holds 10% of RI in the block.
Adani Power wins 1,200MW bid in Rajasthan
Adani Power Rajasthan, a 100% subsidiary of Adani Power has been awarded Letter of Intent (LOI) by Rajasthan Rajya Vidhyut Utpadan Nigam (RRVPNL) for purchase of upto 1,200 MW of power on long-term basis.
With this, the total long-term power selling arrangement firmed up by APL comes to 5,900 MWs. As may be recalled, APL already has PPA of 2,000 MWs with Gujarat Urja Vikas Nigam (GUNVL), 1,424 MW with Haryana Utilities and 1,320 MW with Maharastra Utilities through its subsidiary Adani Power Maharastra(APML).
Sujana Towers to issue & allot equity shares
The committee of Sujana Towers has approved the resolution to issue and allot 32,00,000 lakhs equity shares and 3,13,00,000 convertible warrants of Rs. 5 each at a premium of Rs. 50 per share / warrant to the promoter`s group by way of preferential basis.
Source :www.biginfotech.in
HDFC allots equity shares
Housing Development Finance Corporation (HDFC) has allotted 44,879 equity shares of Rs. 10 each pursuant to exercise of stock options by employees.
Post the above allotment, the paid-up equity share capital of the corporation would stand at Rs. 285,85,52,670.00 consisting 28,58,55,267 equity shares of Rs. 10 each.
Source :www.biginfotech.in
Post the above allotment, the paid-up equity share capital of the corporation would stand at Rs. 285,85,52,670.00 consisting 28,58,55,267 equity shares of Rs. 10 each.
Ester Industries to issue & allot equity shares
The board meeting of Ester Industries will be held on 24 December 2009 to consider to issue and allot 52,17,392 equity shares of Rs. 5 each at a price of Rs. 23 each, including a premium of Rs. 18 per share on conversion of 52,17,392 zero coupon unsecured fully & compulsorily convertible debentures of Rs. 5 each.
Source :www.biginfotech.in
Axon Infotech to increase authorised capital
The board of Axon Infotech in its meeting on 21 December 2009 has decided to appoint Tanu Agarwal and G K Agarwal as promoter director and Zubin Pardlwala as additional director.
The board has decided to accept the resignation of Dhiren Shukla and Partal Radhakrishnasetty Ramakrishnadut as directors.
The board has decided to increase the authorised capital from Re 3 crore to 8 crore
Source :www.biginfotech.in
The board has decided to accept the resignation of Dhiren Shukla and Partal Radhakrishnasetty Ramakrishnadut as directors.
The board has decided to increase the authorised capital from Re 3 crore to 8 crore
JBF Industries to raise funds
The board of JBF Industries in its meeting on 21 December 2009 has approved the proposal to raise funds of Rs. 50 crore, by way of issue of non convertible debentures or by way of term loan from the banks.
Source :www.biginfotech.in
Speciality Papers bags export order
Speciality Papers has bagged export order from Oman, of around 2000 tons this week. This will help the company to strengthen and enhance its export market base in Oman.
Source :www.biginfotech.in
CNI Research allots equity shares
The board of CNI Research has made allotment of 32402250 equity shares of Re 1 each to the members whose names were appearing in the Register of Members as on record date of 18 December 2009.
Source :www.biginfotech.in
Banswara Syntex plans 2nd 15/18MW thermal power unit
Banswara Syntex (BSL), a vertically integrated textile company has announced its plan for an additional 15/18 MW thermal-based power plant at Banswara (Rajasthan) at a capital expenditure of Rs. 50 crore. The power generation on this plant is primarily for internal consumption and if found surplus for sale. The company already has a similar 15/18 MW thermal power plant operating successfully for more than 2 years.
The new thermal-based power plant is expected to cash in about Rs. 15 crore on an annual basis from Q1FY12 onwards. For the power plant, BSL plans to consume imported and indigenous coal. Moreover, this will also avail a 10-year tax holiday for the profit of this power plant unit.
Source :www.biginfotech.in
The new thermal-based power plant is expected to cash in about Rs. 15 crore on an annual basis from Q1FY12 onwards. For the power plant, BSL plans to consume imported and indigenous coal. Moreover, this will also avail a 10-year tax holiday for the profit of this power plant unit.
Aarti Drugs allots equity shares
The board of Aarti Drugs in its meeting on 20 December 2009 has allotted 4,00,000 equity shares of Rs. 10 each fully paid up against exercise of option of conversion by the holders of convertible warrants issued by the company on preferential basis to the promoters / promoter group companies and other persons.
As a result of this, the company`s paid-up share capital has increased from Rs. 117085500 to Rs 121085500 divided into 12108550 equity shares of Rs.10 each fully paid up.
Source :www.biginfotech.in
As a result of this, the company`s paid-up share capital has increased from Rs. 117085500 to Rs 121085500 divided into 12108550 equity shares of Rs.10 each fully paid up.
Aarti Industries allots equity shares
The board of Aarti Industries in its meeting on 20 December 2009 has allotted 30,25,000 equity shares of Rs. 5 each fully paid up against exercise of option of conversion by the holders of convertible warrants issued by the company on preferential basis to the promoter / promoter group companies and other persons.
As a result of this, the company`s paid-up share capital has increased from Rs. 36,84,75,365 to Rs. 38,36,00,365 divided into 76720073 equity shares of Rs.5 each fully paid up.
Source :www.biginfotech.in
As a result of this, the company`s paid-up share capital has increased from Rs. 36,84,75,365 to Rs. 38,36,00,365 divided into 76720073 equity shares of Rs.5 each fully paid up.
Rasoya Proteins allots equity shares & warrants
The board of Rasoya Proteins in its meeting on 19 December 2009 has issued and allotted 67,00,000 equity shares of Rs. 10 each at a premium of Rs. 26 per share and 58,00,000 equity share warrants of Rs. 10 each at a premium of Rs. 26 per share warrant of the company to promoters and persons other than promoters on preferential basis.
Source :www.biginfotech.in
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