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BSE Announcements on Welspun India
Posted by :
MMB MessengerWelspun India Ltd has informed BSE about the Unaudited financial results for the Quarter ended December 31, 2008....
NSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Limited has informed the Exchange regarding brief proceedings of the Extra-ordinary General Meeting of the Company held on January 13, 2009, that members have approved resolution given at item No. 1 in the notice sent to the members. Further, the Company has submitted a copy of the notice of the EGM. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
NSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Limited has informed the Exchange that pursuant to the direction of the Honorable of High Court of Judicature at Gujarat, Ahmedabad, meetings of secured creditors, unsecured creditors and equity shareholders of the Company were convened on January 13, 2009. The Composite Scheme of Arrangement under Sections 78, 100, 391 to 394 of the Companies Act, 1956 between Welspun India Limited, Welspun Global Brands Limited and Welspun Investments Limited for demerger of Marketing Division and Investment & Treasury Division to Welspun Global Brands Limited and Welspun Investments Limited, respectively and restructure of these Companies has been approved by the secured creditors, un-secured creditors and equity shareholders in their respective meetings held as mentioned above....
BSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company was held on January 13, 2009....
BSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Ltd has informed BSE that pursuant to the direction of the Honorable of High Court of Judicature at Gujarat, Ahmedabad, the meeting of the secured creditors, unsecured creditors and equity shareholders of the Company held on January 13, 2009, have approved the Composite Scheme of Arrangement under Sections 78, 100, 391 to 394 of the Companies Act, 1956 between Welspun India Ltd, Welspun Global Brands Ltd and Welspun Investments Ltd for demerger of Marketing Division and Investment & Treasury Division to Welspun Global Brands Ltd and Welspun Investments Ltd, respectively and restructure of these Companies....
NSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Limited has informed the Exchange regarding a press release titled "Sad Demise of Welspun Group Chairman". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
Mini Satyam
Posted by :
phirozaban
Upon demerger the ratio of Shares to given to existing Share holder appears to be ridiculously low. The so called Valuation done by `independent` valuers is apparently suspect.
As many as 45% of ahres are held by institutions.All Share holder must protest and defeat the propsed Resoultion....
BSE Announcements on Welspun India
Posted by :
minookgIt is time, the Share holders oppose the ratio of Shares to be given in Resultant 2 companies....
NSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Limited has informed the Exchange that by an Order dated November 28, 2008, the Honble High Court of Gujarat at Ahmedabad has directed that a Meeting of the each of the Equity Shareholders, Secured Creditors and Unsecured Creditors of the Company, be called and convened on January 13, 2009, for the purpose of considering and, if thought fit, approving with or without modification(s), the composite Scheme of Arrangement in the nature of De-merger and transfer of Marketing Division of Welspun India Limited to Welspun Global Brands Limited and its Investment & Treasury Division to Welspun Investments Limited and Restructure of Capital of all these companies. The copy of the Notices of the above said Meetings shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
NSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Limited has submitted to the Exchange a copy of the notice of the Extraordinary General Meeting of the members of the Company to be held on January 13, 2009. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Ltd has informed BSE that pursuant to an Order dated November 28, 2008, the Honble High Court of Gujarat at Ahmedabad has directed that a Meeting of the Equity Shareholders, Secured & Unsecured Creditors of the Applicant Company ("Welspun India Ltd") will be held on January 13, 2009, for the purpose of considering and, if thought fit, approving with or without modification(s), the composite Scheme of Arrangement in the nature of De-merger and transfer of Marketing Division of Welspun India Ltd to Welspun Global Brands Ltd and its Investment & Treasury Division to Welspun Investments Ltd and Restructure of Capital of all these companies....
NSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Limited has informed the Exchange regarding the sad demise of Shri Gopiram Goenka (aged 71 years) on December 28, 2008. He was the Chairman of the Company and also the father of Shri Balkrishan Goenka - Vice Chairman and Managing Director of the Company....
BSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on January 13, 2009....
BSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Ltd has informed BSE regarding a Press Release titled "Sad Demise of Welspun Group Chairman"....
BSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Ltd has informed BSE about the sad demise of Shri Gopiram Goenka on December 28, 2008. He was the Chairman of the Company and also the father of Shri Balkrishan Goenka - Vice Chairman and Managing Director of the Company....
