I Dalal Street

Archive for December, 2008

Fortis Healthcare Rights Issue

December 25, 2008 12:21 am

Fortis Healthcare Rights Issue

Fortis Healthcare Ltd has announced Right Issue :

1. To raise funds by way of issue of Equity Shares with warrants on right basis aggregating to Rs 1000 Crores (excluding the value of warrants, as and when exercised). The Board has also constituted a committee and delegated the necessary powers to the Committee to decide about the modalities of right issue.

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GEE Record Date for Bonus Shares

12:12 am

GEE Record Date for Bonus Shares

GEE Ltd Record Date for the purpose of issue of Bonus Sharest: January 09, 2009

Ratio: one bonus equity share for every five equity shares held.

ONGC Dividend | ONGC Dividend announced

December 20, 2008 11:19 am

ONGC Dividend | ONGC Dividend announced

Oil & Natural Gas Corporation Ltd (ONGC) has announced that the Board of Directors of the Company at its meeting held on December 19, 2008, inter alia, has declared an Interim Dividend of 180% on the paid up equity share capital of the Company for the FY 2008-09.

This works out to be @ Rs 18 (Rs. Eighteen) per equity share of Rs 10 each fully paid up.

Texmaco fixes Record Date for Stock Split

11:14 am

Texmaco fixes Record Date for Stock Split

Texmaco Ltd has informed BSE that January 09, 2009 has been fixed as the Record Date for the purpose of Sub-Division / Stock Split of Equity Shares of Rs 10/- per share of the Company into the shares of Re 1/- each.

Multifarious Trading fixes Record Date for interim dividend

December 19, 2008 11:26 am

Multifarious Trading fixes Record Date for interim dividend

Multifarious Trading & Agencies Ltd has informed BSE that January 16, 2009 has been fixed as the Record dated for the purpose of payment of Interim Dividend.

Rei Agro Sub-division of equity shares

11:23 am

Rei Agro Sub-division of equity shares

Rei Agro Ltd has announced that the Board of Directors of the Company at its meeting held on December 19, 2008, inter alia, had :

1. Approved the sub-division / splitting of each equity share of face value of Rs 10 (Rupees Ten) per share into 10 equity shares of Re 1/- (Rupee One) per share subject to the approval of the shareholders in the Extra Ordinary General Meeting decided to be held on January 19, 2009.

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Exdon Trading fixes Record Date for Bonus Issue

11:20 am

Exdon Trading fixes Record Date for Bonus Issue

Exdon Trading Company Ltd has informed BSE that January 12, 2009 has been fixed as the Record Date for the purpose of issue of Bonus Shares in the ratio of Two Bonus Shares for every one existing fully paid up equity shares of the Company

Subex – Cancellation of Warrants Issued to Promoters

11:19 am

Subex – Cancellation of Warrants Issued to Promoters

Subex Ltd has announced that the Shareholders of the Company had vide their resolution passed in the Extra-ordinary General Meeting held on June 04, 2007 approved the issue and allotment of upto 2,230,000 warrants to Promoters / Promoter Group. Pursuant to this resolution the Company had issued 2,230,000 warrants to Promoters / Promoter Group on June 18, 2007 at a purchase price of Rs 630.31/- per share.

The warrants were to be exercised on or before December 18, 2008. However, the Company has received letters from the warrant holders stating that they do not

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Astra Microwave wins INR 570 mn order from Israel’s ELTA Systems

December 1, 2008 11:02 am

Astra Microwave wins INR 570 mn order from Israel’s ELTA Systems

Astra Microwave Products Ltd has announced that the Company has received an order for Rs 57.31 crores for Production, Testing and Supply of sub systems for Indian Defence program from M/s. ELTA Systems Ltd, Israel which has to be completed in the next 18 months period.

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Sandesh Board approves Buy-Back of equity shares

10:52 am

Sandesh Board approves Buy-Back of equity shares

Sandesh Ltd has announced that the Board of Directors of the Company at its meeting held on December 01, 2008, inter alia, has approved the proposal for Buy-back of 10,85,000 (Ten Lacs Eighty Five Thousand Only) Equity Shares

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