Online
|
|
BMIC UPDATES
Posted by :
Guest
Fearing strictures from the Supreme Court, a high-level committee headed by chief minister B S Yeddyurappa has fixed a timeline for implementation of the Bangalore Mysore Infrastructure Corridor (BMIC) project.
On November 3, Justices Tarun Chatterjee, Lodha and Deepak Verma of the apex court set November 22 as deadline to set up the high-level committee, and report to it with the time schedule on implementation of BMIC. Accordingly, the committee was constituted on November 10 and held its first meeting on Thursday.
Going by the timeline, which will be submitted to the SC, the required land transfer to Nandi Infrastructure Corridor Enterprises (NICE), promoters of BMIC, and tax concessions will be done in the next one year.
Of the 20,193 acres, which the state government agreed to give NICE in 1997, the developers received 7,000 acres so far. With the Yeddyurappa-led committee clearing all hurdles, rest of the 14,000 acres is expected to be transferred in a year`s time.
...
NSE Announcements on BF Utilities
Posted by : MMB MessengerBf Utilities Limited has informed the Exchange that: "The meeting of Equity shareholders of BF Utilities Ltd, convened and held on 21st November, 2009, pursuant to the order dated 9th October, 2009 made by the Honble High Court of Judicature at Bombay, has approved without any modification, the Composite Scheme of Arrangement between the Company, the Amalgamating Companies and the Resulting Company. The said meeting also approved reduction of Capital Reserve Account and Amalgamation Adjustment Account of BF Utilities Ltd. as a part of the Scheme. The votes in favour of the resolutions approving the Scheme and the reduction of Capital Reserve and Amalgamation Adjustment Account were 100% of the total votes cast in the meeting"....
BSE Announcements on BF Utilities
Posted by : MMB Messenger
BF Utilities Ltd has informed BSE that the meeting of the Equity Shareholders of the Company convened and held November 21, 2009, pursuant to the order dated October 09, 2009 made by the Honble High Court of Judicature at Bombay, has approved without any modification, the Composite Scheme of Arrangement between the Company, the Amalgamating Companies and the Resulting Company.
The said meeting also approved reduction of Capital Reserve Account and Amalgamation Adjustment Account of the Company as a part of the Scheme.
The votes in favour of the resolutions approving the Scheme and the reduction of Capital Reserve and Amalgamation Adjustment Account were 100% of the total votes cast in the meeting. ...
21/11/2009
Posted by :
mybebo
14000 acres commin in 1 year
plus tax concession
7000 will hit in next 5 years
short term target is 2350 circuit breakers...
BF to sky rocket
Posted by : GuestWith the recent development after SC judgement this share is ready for a breakout....
Heading
Posted by : Guest
Fearing strictures from the Supreme Court, a high-level committee headed by chief minister B S Yeddyurappa has fixed a timeline for implementation of the Bangalore Mysore Infrastructure Corridor (BMIC) project.
On November 3, Justices Tarun Chatterjee, Lodha and Deepak Verma of the apex court set November 22 as deadline to set up the high-level committee, and report to it with the time schedule on implementation of BMIC. Accordingly, the committee was constituted on November 10 and held its first meeting on Thursday.
Going by the timeline, which will be submitted to the SC, the required land transfer to Nandi Infrastructure Corridor Enterprises (NICE), promoters of BMIC, and tax concessions will be done in the next one year.
Of the 20,193 acres, which the state government agreed to give NICE in 1997, the developers received 7,000 acres so far. With the Yeddyurappa-led committee clearing all hurdles, rest of the 14,000 acres is expected to be transferred in a year`s time.
...
Heading
Posted by : myloA high power committee headed by Chief Minister B S Yeddyurappa is learnt to have given its go ahead to hand over 1,900 acres of land to NICE for the Bidadi township under the Bangalore-Mysore Infrastructure Corridor (BMIC) Project....
Heading
Posted by : RAVINDER KUMAR
it will cross today one time rs. 1640 that is confirm
...
Heading
Posted by : RAVINDER KUMAR
19/10/2009
this stock over rs. 1400 ...
bfutilites
Posted by : mybebo
this is same company which is own by baba kalyani
and big project nice
called nandiinfra check the link which i have give
nicelimeted dot com
many group of people are holdin it right from level of 4000 when it was in peak till from level of 300 when it cracked below 300
its a remarkable script
but for every thing their is risk ,it high risk script
they are big positive development
as government of india told karnataka goverment to hand over all the pendin allotment to bfutilitie for their banglore maysore project
and tonnes of money generated by toll collection
patience will pay it
u dont get a baby overnight
it takes nine months
so hold it and sit tight
really play was after 1000 rupees
it was not breaking from last 18 months
now it heading to a bright future...
