Wockhardt redeems preference shares
Wockhardt Ltd has informed BSE that the Company had issued OCCRPS - 2, which were optionally convertible on or after July 4, 2016 and if not converted were to be redeemed on December 31, 2018.Pursuant to the modification in the terms of the said OCCRPS- 2, the Company has redeemed 116,539,748 OCCRPS -2.
State Bank of Travancore declares final dividend of Rs 3/sh
State Bank of Travancore has informed BSE that the Board of Directors of the Bank at its meeting held on April 26, 2013, inter alia, has declared a final dividend of Rs. 3/- per share (Face Value of Rs. 10/-) for the year 2012-13, in addition to the interim dividend of Rs. 17/- per share declared in March 2013.
Rushil Decor to consider final dividend on May 7
Rushil Decor Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 07, 2013, for the purpose of recommendation of final dividend, if any, for the financial year ending March 31, 2013; and consideration and taking on record the Audited Financial Results for Quarter and Financial Year ended March 31, 2013
Associated Finlease to consider change in object clause of MoA on May 3
Associated Finlease has informed BSE that a meeting of the Board of Directors of the Company will be held on May 03, 2013, to consider and approve the following: To Alter the object clause of the Memorandum of Association of the Company. 2. To consider other business if any.
Polaris recommends final dividend of Rs 5/sh
Polaris Financial Technology Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 27, 2013, inter alia, has recommended a final dividend of Rs. 5 per share to its share holders & inducted Mr. V. Balaraman as additional director to the board.
PNB Gilts: P K Chhokra resigns from directorship
PNB Gilts Ltd has informed BSE that Shri P. K. Chhokra has resigned from the Directorship of the Company effective from March 31, 2013. The said resignation has been accepted by the Board of Directors in its meeting held on April 27, 2013.
Nagarjuna Agrichem approves bonus issue
Nagarjuna Agrichem decided to issue bonus shares in the ratio of 3 equity shares for every 14 shares held by public shareholders in the company on the record date to be determined by the share committee /managing director of the company, for the purpose.
Jaypee Infratech recommends dividend of Re 1/sh
Jaypee Infratech recommended dividend of Re 1.00 per share of Rs 10 each amounting to Rs 138.89 crore for the year 2012-13 excluding Dividend Distribution Tax of Rs 23.61 crore. The dividend shall be paid subject to approval of shareholders in ensuing Annual General Meeting.
Sylph Tech to raise capital via issue of shares, warrants
Sylph Technologies decided to issue shares/ warrants to promoters and non promoters and to raise capital through ECB, FCCB, ESOP / ADR/ GDR issue.
PNB Gilts recommends final dividend of Re 1/sh
PNB Gilts has recommended a final dividend of Re 1 per share for the year 2012-13
Denso India plans to delist equity shares
Denso India received a letter from Denso Corporation, Japan, one of the company’s promoters, informing the company of its decision to voluntarily delist the company’s equity shares from stock exchanges. Promoter holds 47.93% stake in the company. They plan to acquire upto 73.98 lakh shares, representing 26.54% of paid up capital.
Rain Commodities approves dividend, re-appointment of directors
Rain Commodities approved a dividend of Rs 1.1 per share for the financial year ended December 31, 2012, re-appointment of N Radhakrishna Reddy as a director, re-appointment of S L Rao as independent director, appointed N Jagan Mohan Reddy (MD) as CEO of CPC Holdings USA LLC, a step down wholly owned subsidiary.
Federal Bank recommends dividend of Rs 9/sh
Federal Bank has recommended a dividend of 90% i.e. Rs 9 per share on face value of Rs 10 each for the year 2012-13 subject to the approval of the members in the ensuing Annual General Meeting.
Xpro India appoints MCS Share Transfer Agent as registrars
Xpro India has approved the appointment of MCS Share Transfer Agent Limited, 12/1/5, Manoharpukur Road, Ground Floor, Kolkata - 700026 as the company's registrars and share transfer agents in place of MCS Limited, New Delhi which will be effective upon completion of required formalities.
Sasken Communication recommend final dividend of Rs 4.50/sh
Sasken Communication Technologies has recommended a final dividend of Rs 4.50 per equity share of Rs 10 each for the financial ended March 31, 2013 amounting to Rs 939.61 lakh. This is subject to approval of shareholders, and if so approved, the total dividend for the year will amount to Rs 7.00 per share (including interim dividend of Rs 2.50/sh)
Xpro India recommends dividend of Re 1/sh
Xpro India has recommended a dividend of Re. 1 per equity share and pre-announces a pay date of August 02, 2013 if the dividend is approved at the AGM of July 26, 2013.
Motilal Oswal approves buy back of shares up to Rs 65 cr
Motilal Oswal Financial Services has approved the buy back of the company's fully paid-up equity shares of Re 1 each from open market through the stock exchange mechanism, for an amount not exceeding Rs 65 crore in cash, subject to a price not exceeding Rs 90 per share and subject to a maximum of 75 lakh shares and minimum of 18.75 lakh shares
Motilal Oswal recommends final dividend of Re 1/sh
Motilal Oswal Financial Services has recommended a final dividend of Re 1 per equity share of face value of Re 1.00 each. The dividend on equity shares, if approved by the Members at the said Annual General Meeting would be paid on or before August 20, 2013.
Arihant Capital Markets: Open offer details
Arihant Capital Markets submitted to BSE a copy of public announcement regarding open offer to the equity shareholders of Champion Finsec (target company) for acquisition of 33,83,432 shares constituting 26% of paid up capital of target company at a price of Rs 20 per share by Dhirajlal G. Hirpara and Jitendra G Hirpara (acquirers)
Nutraplus Products to allot 3 lakh shares on conversion of warrants
Nutraplus Products India approved the allotment of 3 lakh equity shares on conversion of Convertible Warrants issued on Preferential Basis, in accordance with the approval sought from the members of the Company at the Extra ordinary General Meeting held on May 28, 2012.
Champion Finsec to consider conversion of warrants into shares
Champion Finsec’s board has taken on record, the notice of exercise of option by Dhirajlal G Hirpara and Jitendra G Hirpara to convert 37 lakh warrants held by them collectively, into 37 lakh equity shares of Rs 10 each at a premium of Rs 10 per share, representing 28.43% of post-issue paid up capital of the company.
Kothari Products to consider audited financial results of March quarter on May 23
The meeting of the board of directors of Kothari Products will be held on May 23, 2013, to consider, approve and take on record the audited financial results for the quarter & year ended on March 31, 2013 and also to approve the annual accounts for the aforesaid year. The recommendation of dividend, if any, will also be considered
Tourism Finance recommends dividend of Rs 1.20/sh
Tourism Finance Corporation of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 27, 2013, inter alia, has recommended the payment of dividend @ 1.20 Per Equity Share of Rs. 10/- each for financial year 2012-13 subject to its approval by the members of the Company in the forthcoming AGM
Omax Autos: Chawla, Jhuraney resign from directorship
Omax Autos has approved the resignation of Krishan Chand Chawla, whole-time director from the directorship of the company with effect from April 30, 2013; the appointment of Jagdish Chandra Jhuraney as whole-time director of the company with effect from May 01, 2013
Omax Autos approves final dividend of Rs 1/sh
Omax Autos Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 26, 2013, inter alia, has considered and approved recommended a final dividend of Rs. 1.00/- per equity share of Rs. 10/- each fully paid-up to the shareholders for their approval.
