The board meeting of Bank of Maharashtra will be held on 30 April 2010 to consider and to take on record the audited financial results for the year ended 31 March 2010 and to recommend dividend, if any.
Source :www.biginfotech.in
Apr 21, 2010
GMR Infrastructure allots equity shares
The board of GMR Infrastructure in its meeting on 21 April 2010 has allotted 22,50,80,390 equity shares of Re. 1 each at the issue price of Rs. 62.20 per equity share to Qualified Institutional Buyers (QIBs).
Source :www.biginfotech.in
Trent to raise funds
The board meeting of Trent will be held on 26 April 2010 to consider various fund raising alternatives including a proposal for issue of securities on rights basis to its shareholders.
Source :www.biginfotech.in
IRB Infrastructure Developers to consider dividend
The board meeting of IRB Infrastructure Developers will be held on 30 April 2010 to consider the audited results of the company for the year ended 31 March 2010 and to recommend dividend, if any.
Source :www.biginfotech.in
LKP Finance grants stock options
The committee of LKP Finance in its meeting on 21 April 2010 has approved the grant of 5,99,500 stock options under Employees Stock Option Plan 2010.
Source :www.biginfotech.in
Infotech Enterprises recommends final dividend
The board of Infotech Enterprises in its meeting on 21 April 2010 has recommended final dividend at the rate of Rs 2 per share (40%).
Further, the board has approved the bonus issue of equity shares in the ratio of 1:1
Source :www.biginfotech.in
Puravankara Projects to consider final dividend
The board meeting of Puravankara Projects will be held on 29 April 2010 to consider and adopt the audited financial statements for the quarter and year ended 31 March 2010 and to consider recommendation of final dividend, if any.
Source :www.biginfotech.in
Hindustan Zinc recommends dividend
The board of Hindustan Zinc in its meeting on 21 April 2010 has recommended dividend at the rate or Rs 6 per share (60%) for the year 2009-2010.
Source :www.biginfotech.in
TGF Media Systems to issue equity shares
The board of TGF Media Systems in its meeting on 19 April 2010 has approved to change the name of company form TGF Media Systems to Exel Entertainment Media.
The board has decided to issue of 50 lakh equity shares on preferential basis.
Source :www.biginfotech.in
Shriram EPC`s associate company files DRHP for IPO
Shriram EPC (SEPC) has announced that its associate company, Orient Green Power (OGPL) has filed a draft red herring prospectus (DRHP) with SEBI for its proposed IPO.
OGPL is engaged in electricity generation from renewable sources and has a portfolio of about 196 MW, comprising 156 MW from wing and 40 MW from biomass.
Source :www.biginfotech.in
Super Crop Safe to issue equity shares
The board of Super Crop Safe in its meeting on 15 February 2010 has decided to issue 2,45,300 equity shares of Rs. 10 each to Satish I Patel (2,00,000 shares) and Bhupendra A Patel (45,300 shares).
Source :www.biginfotech.in
Electrotherm to acquire Shree Ram Electro Cast
Electrotherm (India) has entered into a share purchase agreement for acquisition of 100% shareholding of Shree Ram Electro Cast at a consideration of Rs. 85 crore.
Shree Ram Etectro Cast is a kolkata based company having manufacturing activities for pigiorn capacity of 1,20,000 MT per annum and Power Plant of 2.5 MW at Siruguppa, Bellary, Karnataka. The transaction is expected to be completed in about 2 months.
Source :www.biginfotech.in
Royal Orchid opens its new 4 Star Hotel in Vashi, Navi Mumbai
Royal Orchid Hotels has opened its new 4 Star Hotel, Royal Orchid Central Grazia at Vashi, Navi Mumbai.
The above hotel is under management contract with 67 guest rooms in addition to bars, restaurants, lounges, meeting room, swimming pool and other facilities.
Source :www.biginfotech.in
Shriram Transport Finance Company to consider final dividend
The board meeting of Shriram Transport Finance Company will be held on 29 April 2010 to consider the annual financial results of the company, duly audited for year ended 31 March 2010 and recommendation of final dividend, if any.
Source :www.biginfotech.in
Apr 20, 2010
AXIS Bank recommends dividend
The board of AXIS Bank in its meeting on 20 April 2010 has recommended dividend at the rate of Rs. 12 per share (120%) for the year ended 31 March 2010.
Source :www.biginfotech.in
Source :www.biginfotech.in
REpower to supply 44 wind turbines to Turkey for the first time
REpower Systems AG (WKN 617703) in which Suzlon Energy is a majority shareholder with over 90 per cent holding has concluded a contract with Al Yel Elektrik, a subsidiary of Akuo Energy SAS for the delivery of 44 wind turbines for a projecting Turkey.
The turbines of the REpower 3.XM series, which are at 3.37 megawatts (MW) with a hub height of 80 meters, are destined for the Geycek wind farm in Kirsehir province East of Ankara. This is the first time the Hamburg-based manufacturer of wind turbines has supplied, machines to Turkey.
REpower will subsequently be in charge of service and maintenance for the turbines over the first 12 years of operation.
The wind turbines are set to be delivered in summer 2011 and to be commissioned shortly after. With 44 turbines and a total generating capacity of 148.28 MW, Geycek will be REpowers biggest wind farm in Europe to-date. The contract is subject to conditions precedent.
Source :www.biginfotech.in
The turbines of the REpower 3.XM series, which are at 3.37 megawatts (MW) with a hub height of 80 meters, are destined for the Geycek wind farm in Kirsehir province East of Ankara. This is the first time the Hamburg-based manufacturer of wind turbines has supplied, machines to Turkey.
REpower will subsequently be in charge of service and maintenance for the turbines over the first 12 years of operation.
The wind turbines are set to be delivered in summer 2011 and to be commissioned shortly after. With 44 turbines and a total generating capacity of 148.28 MW, Geycek will be REpowers biggest wind farm in Europe to-date. The contract is subject to conditions precedent.
Source :www.biginfotech.in
Take Supply Chain enters into a partnership with DataMAX Software Group
Take Solutions has announced that its division, Take Supply Chain has entered into a partnership with DataMAX Software Group, Inc. (DataMAX). This alliance is to provide integrated data collection and an expanded line of supply chain solutions to JD Edwards customers. DataMAX`s RFGen Software, a JD Edwards Certified Integration data collection product, enables customers to extend their ERP investment while leveraging the benefits of a best-of-breed mobile data collection solution. DataMAX RFGen reduces project risk by eliminating custom integrations.
The partnership also provides JD Edwards customers access to TAKE`s natively-integrated, robust supply chain technologies, including supplier collaboration, returns management, asset tracking and maintenance and global trade management.
Take Supply Chain has been a trusted provider of data collection solutions to companies running Oracle and has the world`s largest library of pre-built transactions for discrete and process manufacturers who use Oracle.
Source :www.biginfotech.in
Hanung Toys & Textiles announces export order tie-up with a leading US buyer
Hanung Toys & Textiles has signed an export order tie-up with a leading US buyer for exporting value added home furnishing to the extent of US$ 90 million to be completed by December 2012. This agreement will bring greater strength and better margins to the company.
Source :www.biginfotech.in
Source :www.biginfotech.in
Shree Om Trades to increase authorised share capital
The board of Shree Om Trades in its meeting on 20 April 2010 has decided to increase the authorised share capital of the company from Rs. 1 crore to Rs. 10 crore.
Source :www.biginfotech.in
Source :www.biginfotech.in
Dynamatic Technologies signs agreement with BlueBird Aero Systems, Israel
Dynamatic Technologies has signed a teaming agreement with BlueBird Aero Systems, Israel for the manufacturing, assembly and marketing of mini and micro tactical unmanned aerial vehicles (UAVs) in India.
BlueBird Aero Systems is a specialist in the design, development and manufacture of tactical UAS solutions and offers a wide range of combat-proven UAS products and technologies to customers across the world. Bluebird`s unique and patented technology delivers unprecedented products with unmatched performance.
Source :www.biginfotech.in
BlueBird Aero Systems is a specialist in the design, development and manufacture of tactical UAS solutions and offers a wide range of combat-proven UAS products and technologies to customers across the world. Bluebird`s unique and patented technology delivers unprecedented products with unmatched performance.
Source :www.biginfotech.in
Shiva Fertilizers to issue equity shares
The board of Shiva Fertilizers in its meeting on 19 April 2010 have approved to issue equity shares on preferential basis to promoters and non-promoter.
Source :www.biginfotech.in
Source :www.biginfotech.in
Strides redeems US$ 34 million FCCBs due 2010
Strides Arcolab has announced that the company has redeemed US$ 34 million FCCBs due 2010. The company had originally raised US$ 40 million FCCBs in the year 2005 and has bought back US$ 6 million during the year 2009. The total payout for redeeming the bonds was US$ 46.50 million as the bonds were redeemable at a premium of 136.78%.
Post redemption of these FCCBs, the company now has outstanding FCCBs worth US$ 80 million out of the US$ 100 million raised in the year 2007. The US$ 80 million FCCB has an initial conversion price of Rs. 461.553 per share and if not converted before 27 June 2012, are redeemable at a premium of 145.058%.
Source :www.biginfotech.in
Post redemption of these FCCBs, the company now has outstanding FCCBs worth US$ 80 million out of the US$ 100 million raised in the year 2007. The US$ 80 million FCCB has an initial conversion price of Rs. 461.553 per share and if not converted before 27 June 2012, are redeemable at a premium of 145.058%.
Source :www.biginfotech.in
Patni Computer Systems allots equity shares
The committee of Patni Computer Systems on 16 April 2010 has allotted 44,398 equity shares of par value of Rs. 2 each to certain employees including 3,748 underlying equity shares of par value of Rs. 2 each to Bank of New York as depository in connection with the issuance of 1,874 American Depositary Shares (ADSs), pursuant to the exercise of ADR linked options.
Source :www.biginfotech.in
Source :www.biginfotech.in
KLK Electrical to allot equity shares
The board meeting of KLK Electrical will be held on 23 April 2010 to consider allotment of equity shares on preferential basis to persons other than promoters.
Source :www.biginfotech.in
Source :www.biginfotech.in
Shree Global Tradefin to raise funds
The board meeting of Shree Global Tradefin will be held on 23 April 2010 to consider raising of funds.
Source :www.biginfotech.in
Source :www.biginfotech.in
Plethico Pharmaceuticals to raise funds
The members of Plethico Pharmaceuticals has approved to raise funds to the extent of US$ 100 million by way of issuance of equity shares / FCCBs / GDRs / other securities convertible into equity shares / such other equity-linked instruments.
Source :www.biginfotech.in
Source :www.biginfotech.in
Wipro to issue & allot equity shares
The committee of Wipro on 19 April 2010 has resolved to issue and allot 1,25,043 equity shares of Rs. 2 each, pursuant to exercise of the stock options by the eligible employees under Restricted Stock Unit Plan 2004 and Restricted Stock Unit Plan 2005.
Source :www.biginfotech.in
Source :www.biginfotech.in
TGF Media Systems to raise funds
The board meeting of TGF Media Systems will be held on 19 April 2010 to raise funds through preferential issue of equity shares / warrants.
Source :www.biginfotech.in
Source :www.biginfotech.in
Apr 19, 2010
Maithan Alloys to consider bonus issue
The board meeting of Maithan Alloys will be held on 28 April 2010 to consider and take on record the un-audited financial results of the company for the quarter and year / ended 31 March 2010 and to issue bonus shares, subject to the approval of the shareholders.
Source :www.biginfotech.in
Indusind Bank allots equity shares
Indusind Bank has allotted 2,67,830 equity shares of Rs. 10 each on 16 April 2010 to those grantees who had exercised their option under the bank`s Employee Stock Option Scheme.
Source :www.biginfotech.in
Himalya International to allot shares
The board of Himalya International in its meeting on 11 April 2010 has approved the allotment of 8,50,000 share against the warrants and 40,00,000 shares against the 12% FCD.
Source :www.biginfotech.in
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