Asian Oilfield EGM Updates

Asian Oilfield Services Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on December 29, 2006, inter alia, have accorded to the following:

1. Authority to Board to issue offer and allot upto 16,50,000 equity shares of Rs 10/- each at a price of Rs 20.50/- per Share (Rs 10/- face value + Rs 10.50/- premium) being the price which is in accordance with the SEBI (Disclosure & Investor Protection) Guidelines 2000 (as amended from time to time) to Consolidated Securities Ltd, a non promoter strategic investor having its registered office at New Delhi, subject to necessary provisions and approvals.

2. Authority to Board to issue, offer and, allot upto 12,70,000 convertible warrants (warrants), each warrant convertible at the option of Warrant holder in one or more tranches, within 18 months from its allotment date into 1 fully paid up equity share of the Company of face value of Rs 10/- each at an exercise price of Rs 20.50/- each including premium Rs 10.50/- per warrant and the issue of fresh equity shares on the conversion of the warrants, on such further terms and conditions as may be finalized by the Board of Directors to Consolidated Securities Ltd, a non promoter strategic investor having its registered office at New Delhi, subject to necessary provisions and approvals.

3. Authority to Board to issue, offer and, allot upto 3,00,000 convertible warrants (warrants), each warrant convertible at the option of Warrant holder in one or more tranches, within 18 months from its allotment date into 1 fully paid up equity share of the Company of face value of Rs 10/- each at an exercise price of Rs 20.50/- each including premium Rs 20.50/- per warrant and the issue of fresh equity shares on the conversion of the warrants, on such further terms and conditions as may be finalized by the Board of Directors to Nimit Finance Pvt Ltd, a Promoter group entity of the Company, having its registered office at Baroda, subject to necessary provisions and approvals.

Sujana Metal EGM Updates

Sujana Metal Products Ltd has informed that the members at the Annual General Meeting (AGM) of the Company held on December 28, 2006, Shri. K Kameswara Rao who was appointed as an Additional Director of the Company with effect from January 30, 2006 and holds office upto the date of this Annual General Meeting of the Company, be and is hereby appointed as a Director of the Company under Section 257 of the Companies Act, 1956 who shall be liable to retire by rotation.

Unitech Board Meeting Updates

Unitech Ltd has informed that the Board of Directors of the Company by a resolution passed by Circulation on December 27, 2006, has:

1. Deleted the item No (i) of clause (a) of the Postal Ballot, regarding Corporate Guarantee of Rs 1500 Crores to New Kolkata International Development Pvt Ltd.

2. Authorized Mr. Tarun V Kotak, Company Secretary, to accordingly delete necessary portions from the Notice of Postal Ballot Explanatory Statement, etc.

Jindal Worldwide EGM On Jan 16

Jindal Worldwide Ltd has informed that an Extra-Ordinary General Meeting (EGM) of the members of the Company will be held on January 16, 2007, inter alia, to transact the following business:

1. To offer, issue and allot (including with provision for reservation on firm and / or competitive basis of such part of issue and for such categories of persons as may be permitted) in the course of Domestic / International offerings to Domestic / Foreign Institutions, Domestic / Foreign Banks, Foreign Investors (whether Institutions and / or Incorporated Bodies and / or individuals and whether or not such investors are members of the Company), Non Resident Indians, and / or other entities, Indian Bodies Corporates, Pension Funds, Individuals and / or trustees and or stabilization agents or otherwise, whether members of the Company or not, through a public issue and / or on a Private Placement basis or Preferential Allotment Basis, Ordinary Shares, debentures or bonds whether partly / optionally / fully Convertible and / or Securities linked to Ordinary Shares including but not limited to foreign Currency Convertible Bonds convertible into Equity shares at the option of Foreign Currency Convertible Bonds convertible into Equity Shares at the option of the Company and / or the holder of such securities or securities through the QIB route (Securities), such that total amount raised through the aforesaid Securities should not exceed USD 20 million (inclusive of such premium as may be determined), with a right to the Board to retain for additional allotment such amount of subscription not exceeding 20% of the amount of the initial offer of each trenches as the Board may deem fit, subject to necessary provisions & approvals.

Tech Mahindra Committee Allots Equity Shares Under ESOP

Tech Mahindra Ltd has informed that the Share Allotment Committee of the Board of Directors of the Company on December 26, 2006 has issued and allotted of 57,360 equity shares of Rs 10/- of the Company, on exercise of stock options under Employee Stock Option Plan 2000 (ESOP 2000) of the Company.

Triton Corp Board Decides To Purchase Equity of Maple eSolutions

Triton Corp Ltd has informed that the Board of Directors of the Company at its meeting held on December 26, 2006 has decided to purchase 100% equity of Maple eSolutions Ltd from Haryana Fibres Ltd.
Maple eSolutions Ltd is a Company registered under the Companies Act, 1956 and is in the similar line of business as that of the Company i.e. IT, ITES and BPO. It is currently running a 150 seater Call Centre at Noida (U.P.).

AIA Engineering EGM updates

AIA Engineering Ltd has informed that the members at the Extra-Ordinary General Meeting (EGM) of the Company held on November 28, 2006, have authorised the Board to create, offer, issue and allot on behalf of the Company, Equity Shares or any such instrument convertible into Equity Shares or giving the holder a right to subscribe to Equity Shares including fully / partly convertible debentures, bonds, warrants, whether attached to other securities or otherwise or any other securities subscribed to by Investors or Qualified Institutional Buyers (Securities) whether secured by way of charge on the assets of the company or unsecured as may be decided by the Board; whether or not such Investors or Qualified Institutional Buyers are members of the Company; up to an aggregate amount not exceeding Rs 150 Crores, at a price which is not lower than the price to be determined in accordance with the relevant applicable guidelines in this behalf, out of the unissued Authorised Share Capital of the Company, subject to necessary provisions and approvals.

BPCL Declared Interim Dividend

Bharat Petroleum Corporation Ltd (BPCL) has informed that the Board of Directors of the Company at its meeting held on December 26, 2006 has declared Interim Dividend @ 60% i.e. Rs 6/- per equity share of Rs 10/- each for the financial year 2006-07. Further the Company has informed that, the Board has fixed January 16, 2007 as the record date for the purpose of payment of interim dividend.