| BASF INDIA (04-Sep-2010) |
BASF India to consider scheme of amalgamation
Board meeting on 09 September 2010
The board meeting of BASF India will be held on 09 September 2010 to
consider the scheme of amalgamation of BASF Coatings (India), BASF
Construction Chemicals (India) and BASF Polyurethanes India with BASF
India.
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| CHENNAI PET. (04-Sep-2010) |
Chennai Petroleum Corporation appoints directors
With effect from 30 August 2010
Chennai Petroleum Corporation (CPCL) has announced that P. K. Singh,
Director (R&A), Ministry of Petroleum & Natural Gas has been appointed as
director on the board of CPCL in place of Sanjay Gupta, vide resolution
passed by the board of directors of the company dated 30 August 2010.
Further, B. N. Bankapur, Director (Refineries), Indian Oil Corporation has
been appointed as a director on the board of CPCL in place of V. C.
Agrawal, vide resolution passed by the board of directors of the company
dated 30 August 2010.
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| JAIN IRRIG (04-Sep-2010) |
Jain Irrigation Systems's board appoints statutory auditors
On 02 September 2010
The board of Jain Irrigation Systems in its meeting on 02 September 2010
has appointed Haribhakti and Company, Chartered Accountants, Mumbai as
statutory auditors of the company to fill the vacancy caused by the
resignation of Dalal & Shah, Chartered Accountants, Mumbai, subject to
approval of shareholders in the 23rd annual general meeting.
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| JINDAL POLYF (04-Sep-2010) |
Jindal Poly Films recommends dividend
Of 100%
The board of Jindal Poly Films in its meeting on 03 September 2010 has
recommended a dividend at the rate of Rs 10 (100%) per equity shares,
subject to approval of shareholders in the ensuing annual general meeting.
The board has recommended the issue of fully paid up bonus equity shares in
the ratio of 1:1 to equity share holders of the company subject to approval
of members in the ensuing annual general meeting.
The company propose to issue securities for an amount upto Rs 2000 crore,
in one or more tranches, in such form and in such manner, at such price or
prices and at such times as may be considered appropriate, to the various
categories of Investors in the domestic and/ or international market.
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| PRIME SECUR. (04-Sep-2010) |
Prime Securities grants options
Under ESOS
The compensation committee of Prime Securities in its meeting on 02
September 2010 has granted 13,00,000 employee stock options to the eligible
employees and directors of the company and its subsidiary companies, at an
exercise price of Rs 38 per equity share, as per the Employee Stock Option
Scheme 2009 of the company.
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| HINDALCO (04-Sep-2010) |
Hindalco Industries grants stock options
Under ESOS
The ESOS compensation committee of Hindalco Industries on 03 September 2010
has approved grant of 572,160 stock options to the employees of the company
under the "Employee Stock Option Scheme - 2006" (ESOS-2006), each option
being convertible into one equity share of Re 1 each of the company upon
vesting, at a price of Rs 118.35 per share.
Further, 424,425 options granted earlier are also cancelled due to
resignation of some of the employees as per the provisions of ESOS-2006.
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| GOLDROCK INV (04-Sep-2010) |
Gold Rock Investments to consider bonus issue
Board meeting on 06 September 2010
The board meeting of Gold Rock Investments will be held on 06 September
2010 to approve final accounts of financial year ended as on 31 March 2010
along with the, profit and loss a/c together with director's report etc.
The board will consider the proposal for issuing free bonus shares to all
categories of shareholders, excluding the promoters and promoter group,
which will result in long term value addition to the interest of public
shareholders and reduction of the promoters holding in the company. The
proposal will result in dilution of the promoter group's shareholding in
the company, which they have indicated they will accept in the broader
interest of enhancing value for institutional and retail investors.
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| ROSE INVST (04-Sep-2010) |
Rose Investments recommends dividend
Of 10%
The board of Rose Investments in its meeting on 01 September 2010 has
proposed dividend at the rate of Re 1 per share (10%) of the company.
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