Xo Infotech - Outcome of EGM

Xo Infotech Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 29, 2008, inter alia, have accorded the following:
1. Change in management of the Company in terms of regulation 12 of the SEBI (Substantial
Acquisition or shares and Takeover) Regulations 1997, appointing Mr. Mahendra as the new
Promoter in place of the existing promoters- Mr. Naresh Talwar and Mr. Umesh Talwar was
carried as a special resolution.
2. Change of Registered Office from Haryana to Delhi.
(These resolutions passed by the shareholders by way of Postal Ballot).
3. Appointment of Mr. Anil Mistry & Mr. Arvind Thakkar as non-executive Directors of the
Company.
4. Appointment of Mr. Mahendra Ganatra, as Promoter Director and Managing Director of the
Company for a period of 5 years effective from January 29, 2008.
Further the Company has informed that, Mr. Navin Juneja has resigned from office of Managing Director of the Company with effect from March 29, 2008.

Autolite India - Outcome Of Board Meeting

Autolite India Ltd has informed that the Board of Directors of the Company at its meeting held on March 29, 2008, has taken the following decisions:

1. Approve the allotment of 3,80,000 Equity Shares and 4,00,000 Warrants convertible into equity shares.
1. The allotment is done as under:
a) 190,000 Equity shares to Autopal Glass Pvt Ltd and 190,000 Equity Shares to Autopal Marketing Pvt Ltd aggregating to 380,000 Equity shares.
b) 200,000 Warrants to Autopal Glass Pvt Ltd and 200,000 Warrants to Autopal Marketing Pvt Ltd aggregating to 400,000 Warrants convertible into Equity shares।

2. The Board further approves the conversion of 400,000 Warrants into 400,000 Equity Shares which were allotted to Autopal Glass Pvt Ltd - 2 Lacs Warrants and Autopal Marketing Pvt Ltd

3.Lacs warrants for which balance amount of Rs 90 Lacs along with request for conversion of warrants into equity shares was received by the Company.

4। Discussed the business plan for the year 2008-09.

5. Take on record the declarations submitted under Section 299(3) of the Companies Act, 1956.

Advik Laboratories - Outcome Of Board Meeting

Advik Laboratories Ltd has informed that the Board of Directors of the Company at its meeting held on March 28, 2008, has studied the development in respect of Preferential Allotment and found that promoters (as per notice of EGM held on March 15, 2008) has declined to infuse money for allotment of convertible share warrants in light of current market scenario.
Therefore, the Company has postponed the process of Preferential Allotment for the time being.

IRB Infrastructure - Outcome Of Board Meeting

IRB Infrastructure Developers Ltd has informed that the Board of Directors of the Company at its meeting held on March 29, 2008, inter alia, has considered / approved / noted the following:

1. Decided to exercise the option of publication of Audited Annual Accounts of the Company instead of publication of last quarter unaudited accounts.

2. Decided to approach the Central Government for claiming exemption under Section 212(8) of the Companies Act, 1956.

3. Empowered the Sub-Committee of the Company for investing.

4. Noted appointment of Company Secretary as Compliance Officer.

JBF Industries - Outcome Of Board Meeting

JBF Industries Ltd has informed that the Board of Directors of the Company at its meeting held on March 28, 2008, has considered the scheme of amalgamation of Microsynth Fabrics (India) Ltd into JBF Industries Ltd.
The Valuation Report was taken on record and the Board of Directors has fixed swap ratio. One fully paid up equity share of Rs 10 each of JBF industries Ltd will be issued for every 200 filly paid up equity shares of Rs 10 each of Microsynth Fabrics (India) Ltd.

Take Solutions - Outcome Of Board Meeting

Take Solutions Ltd has informed that the Board of Directors of the Company at its meeting held on March 28, 2008, inter alia, has transacted the following:
1. The updates on matters arising from the last Board Meeting were discussed and noted by the Board, which inter alia, includes the Increase in Authorized Capital, Amendments to MoA, AoA, and convening of the EGM on April 07, 2008.
2. The approval of the Board be and is hereby accorded in principle approval for the proposed Merger of Four Soft Ltd, a Hyderabad based software Company with the Company and the appointment of / or engaging of consultants, advisors and valuers for the purpose of the proposed merger of Four Soft Ltd, with the Company.
3. Any Other Business
A. Issue and allotment of Equity Shares to TAKE ESOP TRUST
Issue and allotment of 120,000 Equity shares of Rs 10/- each at a price of Rs 753/- per Equity Share, to TAKE ESOP TRUST from out of the Quota of E5OP Shares aggregating to 600,000 Equity shares as approved by the shareholders of the Company at its EGM held on June 21, 2006.
B. Joint Venture by an Overseas Subsidiary:
The Joint Venture Agreement entered into by the Companys Overseas subsidiary, Towell Take Solutions, LLC, Muscat for its proposed joint venture operations in Jabel Ali Free Zone Authority (JAFZA), Dubai be and is hereby noted by the Board.
C. Policy on Equal Employment Opportunity
Approved the draft document on Equal Employment Opportunity Policy.
D. Acquisition of balance Equity Shareholding in its subsidiaries
i. Accorded to the acquisition of the balance Equity shareholding, in one of the Companys overseas subsidiary, viz, TAKE United SDN BHD, Malaysia as per the Joint Venture Agreement wherein the Company was required to offer 49% shareholding in the Joint Venture Company, TAKE United SDN BHD, Malaysia to the shareholders of United Group, Malaysia and that Mr. S. Sridharan, Managing Director of the Company be and is hereby authorized to carry out the process and procedure to implement proposed balance acquisition of the equity shareholding.
ii. Accorded to the acquisition of the balance Equity shareholding, viz 42% in one of the Companys Indian Subsidiary, viz , Autoparts Asia Pvt Ltd, Chennai, and that Mr. S Sridharan, Managing Director of the Company be and is hereby authorized to carry out the process and procedure to implement the proposed balance acquisition of the equity shareholding.

Four Soft - Outcome Of Board Meeting

Four Soft Ltd has informed that the Board of Directors of the Company at its meeting held on March 28, 2008, has given intent for possibilities and modalities of merger with M/s. Take Solutions Ltd, a leading international business technology Company with products backed by a strong domain expertise in Life Sciences and Supply Chain Management, with a view to accelerate the Companys growth by way of Economies of scale through synergy activity for the benefit of both the Companies. The combined entity would become one of the largest product Companies with domain strength of SCM in India, besides becoming a global leader in SCM.

HDFC Bank - Outcome Of EGM

HDFC Bank Ltd has informed that the shareholders at the Extra Ordinary General Meeting (EGM) of the Bank held on March 27, 2008, inter alia, have approved the following:
1. Amalgamation of Centurion Bank of Punjab Ltd (CBoP) with the Bank pursuant to Section 44A of the Banking Regulat1on Act, 1949 as per the Scheme of Amalgamation, and consequent issue of equity shares to the shareholders of CBoP.
2. Increase in the authorised share capital of the Bank.
3. Preferential issue of Equity shares and / or Warrants to the Promoters of the Bank.
The Resolution Nos. 2 and 3 above were passed by the shareholders of the Bank with requisite majority at the EGM by show of hands.
In order to ascertain the requisite majority as per Section 44A of the Banking Regulation Act, 1949, the Resolution No. 1 was put to vote by way of a poll.
The Resolution No. 1 has been passed with requisite majority. The amalgamation is subject to the approval of the Reserve Bank of India.

Gujarat NRE - Outcome Of Board Meeting

Gujarat NRE Coke Ltd has informed that the Board of Directors of the Company at its meeting held on March 27, 2008, inter alia, has passed the following resolutions:
1। Allotment of Secured Non-Convertible Redeemable Debentures amounting Rs 100 crores to Axis Bank Ltd.

2। Allotment of 25,00,000 Equity shares of Rs 10/- each at a price of Rs 120/- each (including a premium of Rs 110/- per share) consequent upon exercise of option to convert Warrants by M/s. Vartika Traders Pvt Ltd.

3। Payment of Directors Remuneration of 1% of net profits of the Company for a period of 3 years commencing from April 01, 2007 to be equally divided amongst Non-Executive Directors subject to approval of the shareholders.

4. Revision in remuneration of Mr. A K Jagatramka, Vice Chairman & Managing Director, by inclusion of payment of 1% of net profits of the Company commencing from April 01, 2007 to his existing remuneration for the remaining tenure of his appointment.

5. Revision of remuneration of Mr. R P Jain, Executive Director for the remaining tenure of his appointment.

Elder Health - Outcome Of Board Meeting

Elder Health Care Ltd has informed that the Board of Directors of the Company at its meeting held on March 27, 2008, it was decided to continue the operations of the company without any alignment of businesses under the two broad heads Pharmaceuticals and Consumer Products Division. Therefore the status quo will be maintained as it is.

Centurion Bank Of Punjab - Outcome Of EGM

Centurion Bank of Punjab Ltd has informed that the shareholders at the Extra Ordinary General Meeting (EGM) of the Bank held on March 27, 2008, have approved the Scheme of Amalgamation of Centurion Bank of Punjab Ltd with HDFC Bank Ltd, subject to the approval of the Reserve Bank of India. The proposal was approved by the requisite majority as per the provisions of Section 44A of the Banking Regulation Act, 1949.

Electrotherm India - Outcome Of EGM

Electrotherm India Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 28, 2008, have approved the following:

1.To raise funds through Qualified Institutions Placement (QIP) for an aggregate sum not exceeding Rs 300 Crores.

2.To raise funds through Preferential Allotment of Equity Shares for an amount not exceeding Rs 82 Crores.

3. To increase Borrowing limits upto a sum of Rs 2500 Crores.

Simplex Realty - Outcome Of Board Meeting

Simplex Realty Ltd has informed that the Board of Directors of the Company at its meeting held on March 27, 2008, inter alia, has resolved to appoint M/s. Vijay Rungta & Co., Chartered Accountants, as Statutory Auditors of the Company, to fill casual vacancy occurred due to death of Mr. Bharat Bhuta, proprietor of M/s. Bharat Bhuta & Co., who shall hold office until conclusion of the next Annual General Meeting of the Company.

Dhunseri Tea - Outcome Of Board Meeting

Dhunseri Tea & Industries Ltd has informed that the Board of Directors of the Company at its meeting held on March 26, 2008, has approved in-principle merger of M/s. UNI Stock Pvt Ltd with the Company and appointed valuers and other advisers to assist the Company in the process.

JBF Industries - Outcome Of Cod Meeting

JBF Industries Ltd has informed that the Meeting of Committee of Board of Directors (CoD) at its meeting held on March 26, 2008, has considered exercise of option of Conversion of 25,00,000 convertible warrants allotted on July 31, 2007, to M/s. Vaidic Resources Pvt Ltd, (a Promoter Group Company), and issued equal number of Equity Shares in their favour. Hence the Equity Share Capital of the Company was increased from Rs 59,55,99,980 to Rs 62,05,99,980.

Kovilpatti Lakshmi - Outcome Of EGM

Kovilpatti Lakshmi Roller Flour Mills Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 24, 2008, inter alia, have accorded the following:
1। Change the name of the Company from KOVILPATTI LAKSHMI ROLLER FLOUR MILLS LTD to KLRF LTD, subject to necessary provisions & approvals.

2। Re-appointment of Sri. V N Jayaprakasam as Executive Director of the Company, for a further period of 2 (two) years with effect from July 01, 2008, on remuneration, terms & conditions.

3. Increase the Authorised Share Capital of the Company from Rs 10,00,00,000/- (Rupees Ten Crores only) divided into 1,00,00,000 (One Crore only) Equity Shares of Rs 10/- each, to Rs 15,00,00,000/- (Rupees Fifteen Crores only) divided into 90,00,000 (Ninety Lakhs only) Equity Shares of Rs 10/- each and 60,00,000 (Sixty Lakhs only) 10% Cumulative Redeemable Preference Shares of Rs 10/- each by
a. conversion of 10,00,000 (Ten lakhs only) equity shares (out of the total unissued 49,00,000 equity shares of Rs 10/- each) to 10,00,000 (Ten lakhs only) 10% Cumulative Redeemable Preference Shares of Rs 10/- each.
b. creation of 50,00,000 10% Cumulative Redeemable Preference Shares of Rs 10/- each.
& Consequential amendments in the Memorandum & Articles of Association of the Company।

4। Authority to the Board to offer, issue and allot not exceeding 60,00,000 10% Cumulative Redeemable Preference Shares of Rs 10/- each at par to Promoters, their associates, Banks, Financial Institutions / Corporates and others on a preferential basis in one or more lots on such terms and conditions and in such manner as the Board may think fit, without offering the same to any member who on the date of offer is holder of equity shares of the Company, subject to necessary provisions & approvals.

5. Authority to the Board to borrow from time to time any sum or sums of monies in any manner as may be required for the purpose of business of the Company, with or without security and upon such terms and conditions as they may think fit, notwithstanding that the monies to be borrowed together with monies already borrowed by the Company (apart from temporary loans obtained or to be obtained from the Companys bankers in the ordinary course of business) may exceed the aggregate of the paid-up capital of the Company and its free reserves, that is to say, reserves not set apart for any specific purpose, provided that the total amount so borrowed by the Board of Directors and outstanding at any time shall not exceed the sum of Rs 100 crores (Rupees one hundred crores only).
Further the Company has informed that, the below mentioned resolution was passed by the way of Postal Ballot:

6. To create such charges and / or mortgages and hypothecations in additions to the existing charges, mortgages and hypothecations created by the Company on such terms and conditions and at such time or times and in such form and manner and with such ranking as to priority as it may think fit on any of the Companys movable and immovable properties and assets including the whole or substantially the whole of the Companys undertaking, present and future, as the case may be, in favour of the Lenders viz,, Financial / Investment Institutions, Bank/s and Trustees for the holders of the debentures / bonds / other instruments to secure the repayment of loans / borrowings sanctioned and / or to be sanctioned by them from time to time for a sum not exceeding Rs 100 crores (Rupees one hundred crores only) as per the approval of the shareholders under section 293(1) (d) of the Companies Act, 1956 and inclusive of interest at the respective agreed rates and all other costs, charges and expenses and all monies payable by the Company in respect of such loans as may be stipulated in that behalf and agreed to between the Board of Directors and the Lenders, subject to necessary provisions & approvals.

Contech Software - Outcome Of Board Meeting

Contech Software Ltd has informed that the Board of Directors of the Company at its meeting held on March 25, 2008, inter alia, has transacted the following:

1. Registered office of the Company has been shifted within local limits of city i.e. at 604, Avdhesh House, Opp. Shri Guru Govind Gurudwara, S.G.Highway, Thaltej, Ahmedabad-380 054 (Gujarat).

2. The Company has entered into an MOU with M/s. Rainbow Papers Ltd, Ahmedabad to sell coated paper and also to arrange raw material required for production of Coated Paper.

3. The Company has deferred the decision of appointment of directors.

Ascent Exim Fixes Book Closure For AGM

Ascent Exim India Ltd has informed that the Register of Members & Share Transfer Books of the Company will remain closed from April 21, 2008 to April 24, 2008 for the purpose of Annual General Meeting (AGM) of the Company to be held on April 24, 2008.

Ushdev International - Outcome of EGM

Ushdev International Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 25, 2008, received numerous requests from minority stakeholders to revise the pricing and / or ratio for the proposed rights issue. Conceding to the request, the Chairman of the meeting sought the members approval for empowering the Board of Directors to revisit the said issues and proceed further on completing the Rights offering. It was unanimously approved by the members in the Extraordinary General Meeting and based on this the Company will convene its meeting of directors.

Action Financial - Outcome of Board Meeting

Action Financial Services India Ltd has informed that the Board of Directors of the Company at its meeting held on March 25, 2008, has decided to allot 3,90,000 equity shares of Rs 10/- each at a premium of Rs 9.25 per share, pursuant to the conversion of 390000 out of 4,50,000 convertible warrants issued to the promoters which are eligible for conversion before March 31, 2008 in terms of resolution passed in the annual general meeting held on September 29, 2007.

New Horizon - Outcome of Board Meeting

New Horizon Leasing & Finance Ltd has informed that the Board of Directors of the Company at its meeting held on March 25, 2008, has approved the following:
1. To acquire 100% share capital of two textile Companies viz. Mahasakthi Textile Mills Pvt Ltd., (Kerala) and Arumuga Cotspin Pvt Ltd (Tamil Nadu) for a total consideration of Rs 16 crores, thus to make these Companies as fully owned subsidiaries of the Company.
2. To start new business in packaging space.
3. To change the name of the Company to New Horizon Industries Ltd or any other name available with the Registrar of Companies.
4. Amend Memorandum of Association of the Company to include new line of business.
5. Extra Ordinary General Meeting to be called on April 26, 2008 to approve the above proposals.

Diana Tea - Outcome of Board Meeting

Diana Tea Company Ltd has informed that the Board of Directors of the Company at its meeting held on March 25, 2008, inter alia, has decided and approved to treat the Interim Dividend as final dividend for the year ended December 31, 2007.

Master Trust - Outcome of Board Meeting

Master Trust Ltd has informed that in terms of authority given to the Board by way of Special Resolution by the Members of the Company in their extra-ordinary general meeting held on January 29, 2008, the Board of Directors of the Company at its meeting held on March 14, 2008, has unanimously decided that due to some obvious reasons and as per market scenario currently prevailing, it is unanimously not to issue any equity shares and / or convertible warrants on preferential basis to any of the person(s) / body corporate(s) and have decided that fresh-in-principal approval be sought from the stock exchange as and when Board decides to issue securities on preferential basis.

Rasoya Proteins - Outcome of Board Meeting

Rasoya Proteins Ltd has informed that the Board of Directors of the Company at its meeting held on March 20, 2008, has decided the following:

1. To raise funds for financing the new projects by way of issuing the Foreign Currency Convertible Bonds (FCCBs) / Global Depository receipts (GDRs) / American Depository Receipts (ADRs) / Qualified Institutional Placements (QIPs) to the specified persons to the tune of US $20 million subject to the approval of the Shareholders and other statutory authorities wherever applicable.

2. To call for an Extraordinary General Meeting of the members of the Company on April 15, 2008 to seek members approval on item number (1) mentioned above.

Future Capital - Outcome of Board Meeting

Future Capital Holdings Ltd has informed that the Board of Directors of the Company at its meeting held on March 24, 2008, has approved entering into a Marketing and Distribution Rights Agreement with Future Finmart Ltd (FFL), a subsidiary of the Company.

Further the Board has also approved an investment of upto Rupees Forty Seven Crore and Seventy Five Lac in the share capital of Future Finmart Ltd (FFL), a subsidiary of the Company towards enabling the business requirements of the FFL in the area of Retail Financial Services.

Kanani Industries - Outcome Of Board Meeting

Kanani Industries Ltd has informed that the Board of Directors of the Company at its meeting held on March 19, 2008, has decided the following:

1. Convene an Extra-Ordinary General Meeting on April 21, 2008 to consider allotment of 1250000 Equity shares on preferential basis at a price to be determined as pet SEBI (DIP) GUIDELINES;

2. Amendment in Other Objects of Company and

3. Appointment of Mr. Nagjibhai Karamshibhai Vithani as Director of Company.

Siemens Medical - Outcome of Board Meeting

Siemens Medical Solutions Diagnostics Ltd has informed that the Board of Directors of the Company at its meeting held on March 24, 2008, as a sequel to the Global Acquisition of Dade Behring by Siemens, integration of Indian business is also being evaluated.

The Board approved in-principle and requested the management to come back with specific proposal for Board approval, which shall be subject to all necessary regulatory approvals.

Further the Company has informed that, Mr. Ashvin Bhatt has resigned from the office of Directorship w.e.f. closing of March 24, 2008

UTV Software - Outcome of EGM

TV Software Communications Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 17, 2008, inter alia, have passed the following resolutions:

1. Approved the increase in Authorised share capital from Rs 36 Crores to Rs 45 Crores and its consequential amendment to the Memorandum and Articles of Association of the Company.

2. Approved the issue of issue of 93,52,500 equity shares to The Walt Disney Company (Southeast Asia) Pte Ltd at a price of Rs 860.79 per share and the subscription by Unilazer Exports and Management Consultants Ltd of 45,32,000 equity shares through 45,32,000 warrants at a price of Rs 860.79 per share.

GHCL - Outcome of Board Meeting

GHCL Ltd has informed that the Board of Directors of the Company at its meeting held on March 24, 2008, inter alia, has considered and approved the following:

1 Inprinciple approval for restructuring of the Company and authorization for working out detail plan of restructuring including seeking in-principle approval of stakeholders and lenders, appointment of advisors / consultants, drafting of scheme etc.

2. Publication of audited financial results for the entire financial year with in a period of three months from end of financial year i.e. upto June 30, 2008.

ABG Infralogistics - Outcome of EGM

ABG Infralogistics Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 21, 2008, inter alia, have passed the following resolutions:
1. APPROVAL OF ISSUE OF FCCBs / ADRs / GDRs / OTHER SECURITIES:
The members considered and approved to create, offer, issue and allot Foreign Currency Convertible Bonds (FCCBs) and / or Global Depository Receipts (GDRs) and / or American Depository Receipts (ADRs) convertible into Equity Shares at the option of the Company and / or holders of the Security subscribed to in Foreign Currency(ies) by Non Resident Investors and / or to create, place and allot Equity Shares / fully convertible debentures (FCDs) / Partly Convertible Debentures (PCDs) or any securities other than warrants, which are convertible into or exchangeable with Equity Shares at a later date, subscribed to in Indian Rupees by Qualified Institutional Buyers pursuant to and in accordance with Chapter XIIIA of the SEBI (Disclosure and Investor Protection) Guidelines, 2000 aggregating for a sum not exceeding USD 50 Million (United States Dollars Fifty Million only).
2. APPROVAL OF ISSUE OF CONVERTIBLE WARRANTS TO THE PROMOTERS:
The members considered and approved to offer, issue and allot in one or more trenches, on preferential basis, not exceeding 12,50,000 warrants carrying an option / entitlement to subscribe to equivalent number of Equity Shares on a future date, not exceeding 18 (Eighteen) months front the date of issue of such warrants, to the promoters at a price not less than Rs 530.69 per warrant.

Suave Hotels - Outcome of EGM

Suave Hotels Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 24, 2008, inter alia, have taken the following decisions:
1. To create, offer, issue and allot, in one or more tranches, in the course of international offerings in one or more foreign markets, in Global Depository Receipts or otherwise, equity shares and / or any securities convertible into equity shares at the option of the Company and / or holder of the securities representing either Equity shares or convertible securities representing either Equity shares or convertible into equity shares subscribed in foreign currency (ies) to foreign investors an aggregate number equity shares or such receipts or instruments equivalent to not more than USD 10 million, as decided by the Company / underwriters, such issue and allotment to be made at such time or times, in such tranche or tranches, at a price and in such manner as the Board may, in its discretion think fit.
2. To offer / issue and allot not more than 65,00,000 warrants, convertible, at the option of the warrant holders within an aggregate time period of 18 months from date of allotment of the warrants into 65,00,000 equity shares of Rs 10 each, at an exercise price of Rs 47.00 per equity share or at the price as determined in accordance with the relevant SEBI Guidelines, to the promoters and others.

Infotrek Syscom - Outcome of Board Meeting

Infotrek Syscom Ltd has informed that the Board of Directors of the Company at its
meeting held on March 21, 2008, has considered and decided for the issue of 25,00,000 warrants each convertible into one equity share of Rs 10 each at a premium of Rs 80 per share was tabled before the board & same was taken on record. The above issue was approved by the General Body meeting held on January 12, 2008 to the following allottees:
i) Bennett, Coleman & Co. Ltd
- No of Warrants of Rs 90/- each : 6,00,000
ii) First Online Comtrades Pvt Ltd (Promoter Group)
- No of Warrants of Rs 90/- each : 19,00,000
The Board asked Mr. Samrat Shree Maheshwari, Compliance Office of the Company to Comply with the necessary requirement of the allotment procedure as laid down under SEBI DIP Guidelines and report to the Board in their next Board Meeting.

Action Financial - Outcome Of Board Meeting

Action Financial Services India Ltd has informed that the Board of Directors of the Company at its meeting held on March 20, 2008, inter alia, has transacted the following:
1. It was resolved to redeem 1,01,200 Preference shares of Rs 100/- each.
2. It was decided to convert 3,90,000 convertible warrants into 3,90,000 equity shares of Rs 10/- each at a premium of Rs 9.25 per share, on written request received from the warrant holders of the Company opting for conversion of 3,90,000 convertible warrants out of 4,50,000 convertible warrants issued to the promoters which are eligible for conversion before March 31, 2008 in terms of resolution passed in the annual general meeting held on September 29, 2007.
3. To convene the Board Meeting on March 25, 2008 for allotment of equity shares on conversion of convertible warrants, subject to receipt of balance money payable on such convertible warrants.

Polytex India - Outcome Of EGM

Polytex India Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 17, 2008, inter alia, have accorded the following:

1. Increase the authorised share capital of the Company from Rs 1,50,00,000 (One Crore Fifty Lacs) divided into 15,00,000 (Fifteen Lacs) Equity shares of Rs 10/- each to Rs 15,00,00,000 (Fifteen Crores) divided into 1,50,00,000 (One Crore Fifty Lacs) Equity shares of Rs 10/- each and consequential amendments in the Memorandum & Articles of Association of the Company.

2. Authority to the Board to offer, issue and allot on behalf of the Company, 1,20,00,000 equity shares of the face value of Rs 10/- each in the share capital of the Company at par for an amount aggregating to Rs 12,00,00,000/- (Rupees Twelve Crore only) to the existing shareholders of the Company which at the date of offer (the Record Date) to be decided by the Board of Directors of the company in due course are holders of the existing equity shares of the company, on a rights basis or their renounces in the proportion of 8 new equity shares for every 1 existing fully paid equity shares of the company for cash, on such terms and conditions as may be decided and deemed appropriate by the Board at the time of issue and allotment in consultation with the Lead Managers and other such professional intermediaries, subject to necessary provisions & approvals.

3. Authority to the Board to borrow any sum or sums of money from time to time at their discretion, for the purpose of the business of the Company, which together with the monies already borrowed by the Company, (apart from temporary loans obtained from the Companys Bankers in the ordinary course of business) may exceed at any time

Ramkrishna Forgings - Outcome Of Board Meeting

Ramkrishna Forgings Ltd has informed that the Board of Directors of the Company at its meeting held on March 19, 2008, has allotted the following:

1. 50000 warrants to M/s. Pushpman Consultants (P) Ltd.

2. 765000 warrants to M/s. Phi Advisors (P) Ltd.

3. 1648000 warrants to M/s. Basuki Portfolio (P) Ltd., Promoter group.

The Company has also accepted the resignation of Mr. S N Rajesh and appointed Mr. Subhasis Majumdar as a nominee Director of UTI Venture Funds Management Company Ltd.

Lesha Steels - Outcome Of Board Meeting

Lesha Steels Ltd has informed that the Board of Directors of the Company at its meeting held on March 15, 2008, inter alia, has passed the following resolutions:

- 39,50,000 equity shares allotted to the following applicants and the said shares shall rank pari-passu with the existing shares of the company:

1. Name of the allotte: Midrina Oil & Gas Services (P) Ltd

No of Shares: 8,55,000

2. Name of the allotte: Shaurya Organics (P) Ltd

No of Shares: 8,55,000

3. Name of the allotte: Tiw Systems (P) Ltd

No of Shares: 8,55,000

4. Name of the allotte: Sureshsinhji P Desai H.U.F.

No of Shares: 8,55,000

5. Name of the allotte: Advanced Energy Resources & Management (P) Ltd

No of Shares: 5,30,000

- Further the Board allots 43,00,000 warrants convertible into equity shares of Rs 10/- each to the following applicants:

1. Name of the allotte: Midrina Oil & Gas Services (P) Ltd

No of Warrants: 7,00,000

2. Name of the allotte: Shaurya Organics (P) Ltd

No of Warrants: 7,00,000

3. Name of the allotte: Tiw Systems (P) Ltd

No of Warrants: 7,00,000

4. Name of the allotte: Sureshsinhji P Desai H.U.F.

No of Shares: 7,00,000

5. Name of the allotte: Rhetan Estate (P) Ltd

No of Shares: 15,00,000

Riga Sugar - Outcome Of AGM

Riga Sugar Company Ltd has informed that the members at the 27th Annual General Meeting (AGM) of the Company held on February 19, 2008, inter alia, have accorded the following:

1. Adoption of the Audited Accounts of the Company for the year ended September 30, 2007 together with the Directors and Auditors Reports attached thereto.

2. Re-appointment of Mr. J J Bhagat & Mr. Rahul Pasari, as Directors of the Company.

3. Re-appointment of M/s. K N Gutgutia & Co., Chartered Accountants, Kolkata, as Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.

4. Authority to the Board for mortgaging and / or charging by the Board of Directors of the Company, of all the immovable and movable properties of the Company wheresoever situated, present and future, and the whole of undertaking of the Company and / or conferring power to enter upon and to take possession of the assets of the Company in certain events, to in favour of Bank of India by way of First pari-passu mortgage / charge to secure their Term Loan aggregating Rs 1125 lacs (Rupees one thousand one hundred twenty five lac only) lent and advanced by Bank of India together with interest thereon at the respective rates, compound interest, additional interest, liquidated damages, commitment charges, premia on prepayment, costs, charges, expenses and other monies payable by the Company in respect of the said Term Loan from Bank of India and in favour of Union Bank of India by way of First pari-passu charge on fixed assets to secure their Term Loan aggregating to Rs 375 lac (Rupees three hundred seventy five lac only) lent and advanced by Union Bank of India together with interest thereon at the respective rates, compound interest, additional interest

Parry Agro - Outcome Of EGM

Parry Agro Industries Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 07, 2008, inter alia, have accorded to de-list the equity shares of the Company from the Bombay Stock Exchange Ltd, in accordance with and subject to the conditions specified in the said delisting Guidelines.

JRG Securities - Outcome Of Board Meeting

JRG Securities Ltd has informed that the Board of Directors of the Company at its meeting held on March 18, 2008, inter alia, has decided to invest an additional amount of Rs 22.90 crores in its subsidiary JRG Fincorp Ltd by subscribing to 22900000 equity shares of Rs 1O each.

Allcargo Global - Outcome Of EGM

Allcargo Global Logistics Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 19, 2008, inter alia, have accorded to the following:
1. Issue of following securities of the Company to Blackstone Group entities on preferential basis in accordance with the provisions the Companies Act, 1956 and Chapter XIII of SEBI (DIP) Guidelines, 2000:
a. 1,000 (One Thousand) Equity Shares of a nominal value of Rs 10 each for cash at a price of Rs 934 per Equity Share (including premium of Rs 924 per Equity Share) (Subscription Equity Shares).
b. 1,081,081 (Ten Lacs Eighty One Thousand Eighty One) Fully and Compulsorily Convertible Debentures of a nominal value of Rs 10/- each for cash at a price of Rs 934 per Equity Share (including premium of Rs 924 per Equity Share), carrying a coupon of 6% per annum (FCCDs).
c. 1,513,514 (Fifteen Lacs Thirteen Thousand Five Hundred Fourteen) Warrants, entitling the warrant holders from time to time one or more tranches at their option to convert the warrants into, and apply for, equal number of Equity Shares of a nominal value of Rs 10 each for cash at a price not less than Rs 934 per Equity Share (including premium of at least Rs 924 per Equity Share) (Warrants).
d. Equity Shares arising from the conversion of the FCCDs and / or the Warrants.
2. Appointment of remuneration of Mr. Umesh Shetty as Whole Time Director of the Company w.e.f. February 01, 2008.
3. Increase in remuneration payable to Mr. Adarsh Hegde, Whole Time Director of the Company, in the form of commission out of profits of the Company.

Rock Hard - Outcome Of Board Meeting

Rock Hard Petrochemical Industries Ltd has informed that the Board of Directors of the Company at its meeting held on March 18, 2008, has considered and passed the following business, subject to prior approval of shareholders and other regulatory authorities, if required:

1. Put up Formaldehyde plant at Shahpur near Mumbai.

2. Alteration of various clauses of Memorandum and Articles of Association.

a. Shifting of Registered Office of the Company from Indore to Mumbai.

b. Increase of Authorised Capital to Rs 50.00 crores.

c. Alteration and commencement of new business of Construction and Jewellery.

3. Issue preferential shares upto Rs 25.00 crores to the directors, their relative, promoters and non-promoters and other body corporate etc subject to other statutory approval.

4. Sale the land and building situated at AGAR and shift/sale the plant and machinery lying at Agar as may be appropriate.

5. Convene the Extra Ordinary General Meeting as may be decided.

Aptech - Outcome Of Board Meeting

Aptech Ltd has informed that the Board of Directors of the Company at its meeting held on March 18, 2008, has transacted the following:

1. The Board noted the filing of application with Central Government under Section 212(8) of the Companies Act, 1956 for seeking exemption from attachment of subsidiary(ies) accounts for the year ended December 31, 2007.

2. Further it is being informed that, Aptech has had a 50:50 JV in China since 1999. It has been the endeavor of the present Board of Directors and the Management team to unlock the, value of its China JV. Many significant investors have also asked about this from time to time.

The Board has now received an offer from Aptechs China JV Partner, which outlines a draft framework agreement (the Framework Agreement) whereby the China JV Partner and Aptech will have full alignment of equity interest in a holding company (the Holding Company) incorporated outside of the Peoples Republic of China (the PRC) that may seek a listing on an internationally recognized stock exchange for which work is progressing in right earnest. Upon completion of the transactions as contemplated in the Framework Agreement, Aptech will receive 22% of the outstanding shares in the Holding Company as of the transaction completion date and, in exchange, the Holding Company will receive the 50% equity interest in the China JV that Aptech presently owns.

The Board deliberated on the same and believes that Aptech and its shareholders will benefit from the following through the transactions as contemplated by the Framework Agreement:

i. With the combined assets of both the China JV and the China JV Partner, the Holding Company will have larger and more streamlined business operations and stronger cash flows comparing to those of the China JV on a standalone basis.

FCS Software - Outcome Of Board Meeting

FCS Software Solutions Ltd has informed that the Board of Directors of the Company at its meeting held on March 18, 2008, has considered and approved the allotment of 1,57,730 equity shares under Employees Stock Option Scheme 2005.The market remains closed on Thursday (20 March 2008) on account of Id-E-Milad and on Friday (21 March 2008) on account of Good Friday.

In view of current market condition proposed allottees of preferential allotment have shown their unwillingness for subscription of 25,00,000 Convertible Warrants of the Company which was taken on record by the Board.

Bharat Fertiliser - Outcome Of Board Meeting

Bharat Fertiliser Industries Ltd has informed that the Board of Directors of the Company at its meeting held on March 17, 2008, has decided to convene Extra Ordinary General Meeting on April 10, 2008 to consider and approve change in the name of the Company from Bharat Fertiliser Industries Ltd to Bharat Fertiliser and Realty Industry Ltd.

Kalindee Rail - Outcome Of EGM

Kalindee Rail Nirman Engineers Ltd has informed that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on March 15, 2008, inter alia, have approved the following Special Resolutions:

1. Raising of Money by way of Specified securities to Qualified Institutional Buyers (QIB) through QIP Route upto a maximum of Rs 150.00 Crores.

2. Raising of Money by way of issue of 18,00,000 (Eighteen Lakh) convertible equity warrants to Promoters at a price not less than Rs 402/- per warrant.

3. Raising of investment limit by Foreign Institutional Investors required under the provisions of the Foreign Exchange Management (Transfer or issue of Security by a Person Resident Outside India) Regulations, 2000 upto 74% of the paid up equity share capital of the Company.

Advik Laboratories - Outcome Of EGM

Advik Laboratories Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 15, 2008, inter alia, have unanimously passed the following resolutions:

1. To allot 23,48,277 warrants, entitling the warrant holders from time to time to apply for equity shares of the Company in one or more tranches, to promoter / promoter group whether or not they are member of the Company, on preferential placement basis.

2. To increase authorised share capital of the Company from Rs 11,00,00,000/- (Rupees Eleven Crore only) to Rs 12,00,00,000/- (Rupees Twelve Crores only) divided into 1,20,00,000 (One Crore and Twenty Lakh) equity shares of Rs 10/- (Rupees Ten) each.

Kosian Industries - Outcome Of Board Meeting

Kosian Industries Ltd has informed that the Board of Directors of the Company at its meeting held on March 17, 2008, inter alia, has approved the following after due deliberations:

1. Mr. Inderjeet Arya, Mr. Kishore Arya and Col. R S Malik were appointed as additional directors of the Company.

2. Approved the Postal Ballot notice for the following items approved:

a) Amendment to sub clause A of Clause III (Main Object) of the Memorandum of Association of the Company for insertion of object relating to pharmaceutical business.

b) Amendment to sub clause C of Clause III (Other Objects) of the Memorandum of Association of the Company as follows:

- Amendment to the existing item numbers 65

- Insertion of new item numbers 66A and 66B for carrying on business relating to mining and real estate respectively.

c) Passing of Special Resolution for commencing of activities relating to Gems and Jewellery (clause 64), Metals & Minerals (Clause 65), Mining (Clause 66A) and Real Estate (Clause 66B).

d) Increase in Authorized Capital from Rs 6 crores to Rs 30 crores.

e) Increase in Borrowing Limits to Rs 2,000 crores, in supersession to all earlier resolutions.

f) Creation of Charge on the assets of the Company, upto the limits specified above.

Infotrek Syscom - Outcome Of Board Meeting

Infotrek Syscom Ltd has informed that the Board of Directors of the Company at its meeting held on March 17, 2008, has considered and decided the following matters:

1. In Principal approval received from the stock exchange for the issue & allotment of 30,00,000 warrants each convertible into one equity share of Rs 10 each at a premium of Rs 50 per share was tabled before the board & same was taken on record. It is not out of place to mention that the aforesaid 30,00,000 warrants issued to under mentioned was approved by the General Body in its meeting held on August 14, 2007.

i) First Online Comtrades Pvt Ltd (Promoter Group)

- No of Warrants of Rs 60/- each : 10,00,000

ii) Knights Bridge Financial Services Pvt Ltd

- No of Warrants of Rs 60/- each : 10,00,000

iii) Mahakosh Holdings Pvt Ltd

- No of Warrants of Rs 60/- each : 5,00,000

iv) Alomarya Technical LLC

- No of Warrants of Rs 60/- each : 5,00,000

2. It has been decided by the board to form a committee of 2 members namely Mr. B K Soni (Managing Director) and Ms. Aruna Soni (Director) to comply with the procedural requirement for the allotment of Warrants, convertible Warrants, Equity shares & other instruments. The above committee can exercise its rights between the dates of two consecutive board meeting and report the action taken in the next board meeting to the members of the Board for their ratification.

3. The Managing Director informed the board about the progress made by the Companys subsidiary Eco Recycling Ltd (Ecoreco) as under:

(a) Ecoreco received consent to establish from the Maharashtra Pollution Control Board (MPCB) and same was tabled before the Board.

(b) Ecoreco imported mobile shredder and the same has been tested and working efficiently.

(c) Ecoreco purchased vehicles and have been put in to use for transport of electronic waste for recycling.

Continental Controls - Outcome Of Board Meeting

Continental Controls Ltd has informed that the Board of Directors of the Company at its meeting held on March 14, 2008, inter alia, has transacted the following business:
1. Board has approved the Demerger of the Computer Software Division of the Company into Quest Softech (India) Pvt Ltd (in the process of being converted into public Ltd Company).
2. The Appointed date being April 01, 2008 for the Scheme of Demerger.
3. Every shareholder holding two shares in CCL will be allotted one share in Quest Softech (India) Pvt Ltd. The share capital of Quest Softech (India) Pvt Ltd will be listed on the Bombay Stock Exchange. One share for every two shares held in CCL will be cancelled and thus the paidup capital of CCL will be reduced by half.

Genus Power - Outcome Of Board Meeting

Genus Power Infrastructures Ltd has informed that the Board of Directors of the Company at its meeting held on March 15, 2008, inter alia, has considered and approved the scheme of arrangement for Demerger of the 6 Megawatt Power Unit of M/s. Genus Paper Products Ltd into the Company with effect from the appointed i.e. April 01, 2007 subject to the approval of shareholders, High Courts, Stock Exchanges and other Regulatory Authorities and compliance of other applicable regulations.The Company and M/s. Genus Paper Products Ltd both jointly had appointed M/s. S R Hegde & Co., Chartered Accountants to carry out the valuation exercise and to suggest entitlement ratio upon Demerger of 6 Megawatt Power Unit of M/s. Genus Paper Products Ltd with the Company. M/s. S R Hegde & Co., Chartered Accountants has submitted their report to the Board of Directors and recommended the entitlement ratio as under:The entitlement ratio for Issue of equity shares of Genus Power Infrastructures Ltd to the shareholders of Genus Paper Products Ltd as 1:60 i.e. 1 (One) equity share of face value of Rs 10/- each of M/s. Genus Power Infrastructures Ltd for every 60 (Sixty) equity shares of the face value of Rs 10/- each of Genus Paper Products Ltd.The Board of the Company and Genus Paper Products Ltd have accepted and approved the above entitlement ratio subject to the approval of shareholders, High Courts and compliance of other regulatory and applicable provisions etc.

GEE - Outcome Of Board Meeting

With reference to earlier announcement dated March 10, 2008 regarding Amalgamation of Ferroseal India Pvt Ltd, Filarc Eng Pvt Ltd, & Sagar Merchandise Pvt Ltd with the Company, GEE Ltd has informed that the valuation of swap ratio as recommended by the Board at its meeting held on March 05, 2008 stands withdrawan.

The Company has now received the revised valuation report from M/s. Ford Rhodes Parks & Co., Mumbai, and Chartered Accountants.The Board at its meeting held on March 15, 2008, after considering due diligence findings and valuation report as stated above, have approved (subject to necessary approvals) the swap ratio for amalgamation of above referred companies with the Company as under:

1. For Every 14(Fourteen) Equity Shares of Rs 10/- each of M/s Ferroseal India Pvt Ltd., 5 (Five) Equity Shares of Rs 2/- each of the Company.

2. For Every 14(Fourteen) Equity Shares of Rs 10/- each of M/s Filarc Eng Pvt Ltd., 5 (Five) Equity Shares of Rs 2/- each of the Company.

3. For Every 8(Eight) Equity Shares of Rs 10/- each of M/s. Sagar Merchandise Pvt Ltd., 5 (Five) Equity Shares of Rs 2/- each of the Company.

In the result on approval of scheme by Honble Court and other regulatory authorities theCompany shall allot 3,57,143 Equity Shares to the shareholders of Ferroseal India Pvt Ltd, 3,57,143 Equity Shares to the share holders of Filarc Eng Pvt Ltd and 1,87,500 Equity Shares to the shareholder of Sagar Merchandise Pvt Ltd. As such the Companys equity shall increase by 9,01,786 Equity Shares.

The Board has further approved the draft scheme of amalgamation.

Cairn India - Outcome Of Board Meeting

Cairn India Ltd has informed that the Board of Directors of the Company at its meeting held on March 17, 2008, inter alia, taking on board the funding requirements of the Company, has approved the proposal to issue and allot to Petronas International Corporation Ltd and / or its wholly owned subsidiary and Orient Global Tamarind Fund Pte Ltd, (the Allottee/s), on a preferential allotment basis, up to 11,30,00,000 (Eleven Crores and Thirty Lakhs) equity shares of the Company of face value Rs 10 (Rupees Ten only) each, at an issue price of Rs 224.30 (Rupees Two Hundred and Twenty Four and Thirty Paise only) which has been determined in accordance with applicable laws and guidelines.The said 11,30,00,000 equity shares of the Company to be issued to the Allottees on a preferential basis shall represent up to 5.97% of the total post issue paid up equity share capital of the Company on a fully diluted basis. Post the preferential issue to the Allottees, the aggregate shareholding of the Promoter and Promoter Group shall be up to 64.86% of the total post issue paid up equity share capital of the Company.The above proposal is subject to the satisfaction of various conditions, including obtaining necessary approvals from the shareholders.

Ishwar Bhuvan - Outcome Of EGM

Ishwar Bhuvan Hotels Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 15, 2008, inter alia, have unanimously passed the following resolutions:

1 Appointment of M/s। J M Pabari & Associates, Chartered Accountants, Baroda as Statutory Auditors of the Company.

2. Authorised Board of Director to borrow money upto Rs 200 Crores.

3. Authorise Board of Directors to mortgage and / or create Charge on all the movable or immovable properties, both existing and future, or the whole or substantially the whole of any one or more of the undertakings or the undertakings of the Company.

Bhandari Hosiery - Outcome of Board Meeting

Bhandari Hosiery Exports Ltd has informed that the Board of Directors of the Company at its meeting held on March 14, 2008, has allotted 15 lakh fully paid Equity Shares of the Company as detailed below, on conversion / in lieu of Warrants already issued on Preferential basis, to two person of the Promoters group and two specified persons of the Public, who have exercised their option of conversion by making payment of balance amount due on their respective warrants.

1. Name of the Allottee: Mr. Nitin Bhandari- Category of Allottee: Promoters Group- No of equity shares issued/allotted: 402750

2. Name of the Allottee: Mr. Nitika Bhandari- Category of Allottee: Promoters Group- No of equity shares issued/allotted: 402750

3. Name of the Allottee: Mr. Ramesh Sharma- Category of Allottee: Specified person of public- No of equity shares issued/allotted: 347250

4. Name of the Allottee: Ms. Aneeta Dutt- Category of Allottee: Specified person of public- No of equity shares issued/allotted: 347250.

Action Financial - Board Meeting On Mar 20, 2008

Action Financial Services India Ltd has informed that a meeting of the Board of Directors of the Company will be held on March 20, 2008, inter alia, to transact the following business:

1. To consider the conversion of warrants.

2. To consider the earlier redemption of preference shares.

Pyramid Saimira - Outcome Of EGM

Pyramid Saimira Theatre Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 14, 2008, have unanimously approved the following:

1. Raising additional funds through FCCB / GDR / ADR upto USD 400 Millions.

2. Increase of Borrowing Powers to the Board from the present Rs 1,500 Crores to Rs 3,000 Crores.

3. Increase of powers to the Board for Mortgage, creation of charge or lien on the assets of the Company upto Rs 2,500 Crores from the present limit of Rs 1,200 Crores.

4. Commencement of Food & Beverages business as contemplated in the other object of Memorandum of Association.

5. Additional investment upto a sum not exceeding Rs 300 Crores in group Companies.

Tulip IT - Outcome Of Board Meeting

Tulip IT Services Ltd has informed that the Board of Directors of the Company at its meeting held on March 14, 2008, inter alia, has considered the following business, subject to the approval of the shareholders, through the postal ballot:

1. Change of name of the Company from TULIP IT Services Ltd to Tulip Telecom Ltd.

2. Appointment of Mr. Deepinder Singh Bedi, as a Whole Time Director pursuant to Section 269 read with schedule XIII of the Companies Act, 1956.

MCS - Outcome Of EGM

MCS Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 14, 2008, have accorded following resolutions:

1. To increase the Authorized Capital of the Company to Rs 25 Crores.

2. To alter the Clause No. 3 of the Articles of Association by a new Clause.

3. To change the name of the Company.

4. To authorize the Board of Directors to invest in the capital of the subsidiaries.

5. To mobilize funds for investment in the subsidiaries by issue of securities.

6. To authorize Board to furnish Guarantees on behalf of the proposed subsidiaries.

Jindal Stainless - Outcome of Board Meeting

Jindal Stainless Ltd has informed that the Board of Directors of the Company at its meeting held on March 13, 2008, inter alia, has transacted follows:

1. In order to reap the benefit of rising infrastructure and utility services sector and to promote the usage of stainless steel in this sector, the Board of directors of the Company has resolved to promote a wholly owned subsidiary in India. The Board has also resolved to invest upto an amount of Rs 500 crore in this proposed subsidiary in next 2-3 years.

2. In order to have a focused approach for the acquisition of the mineral resources globally in countries like, Turkey, Indonesia, Vietnam and including India, the Board of directors has also resolved to form a wholly owned subsidiary Company in Singapore which will be a mining and metal Company and will act as hub for acquisition of all mineral resources available globally as well as in India. The Board has also resolved to invest upto an amount of USD 100 million in the this proposed subsidiary in next 2-3 years.

Vakrangee Softwares - Outcome Of Board Meeting

Vakrangee Softwares Ltd has informed that the Board of Directors of the Company at its meeting held on March 13, 2008, inter alia, has approved the allotment of22,50,000 Equity Shares of Rs 10/- each at a premium of Rs 231/- per share on conversion of 22,50,000 warrants of Rs 241/- each in the ratio of one fully paid equity share for every warrant held. With the allotment of 22,50,000 Equity Shares, the paid up capital of the Company has been increased from the existing capital of Rs 19,14,61,650/- (Nineteen Crore Fourteen Lakh Sixty one Thousand Six Hundred and Fifty only) to Rs 21,39,61,650/- (Twenty One Crore Thirty Nine Lakh Sixty One Thousand Six Hundred and Fifty only)

The allottes are as mentioned below:

- Name of Allottees : Dinesh Nandwana

No. of warrants allotted and applied for conversion: 10,00,000

No. of equity shares allotted after conversion : 10,00,000

- Name of Allottees : M/s. Seahorse Mercantile Company Pvt. Ltd

No. of warrants allotted and applied for conversion: 7,50,000

No. of equity shares allotted after conversion : 7,50,000

- Name of Allottees : Mindtree Exports Pvt Ltd

No. of warrants allotted and applied for conversion: 3,00,000

No. of equity shares allotted after conversion : 3,00,000

- Name of Allottees : Okean Engineer Pvt Ltd

No. of warrants allotted and applied for conversion: 2,00,000

No. of equity shares allotted after conversion : 2,00,000.

Mercator Lines - Outcome Of Board Meeting

Mercator Lines Ltd has informed that the Board of Directors of the Company at its meeting held on March 13, 2008, inter alia, has declared dividend @ Rs 8/- per share on 8% Redeemable Cumulative Preference Shares of Rs 100/- each for the financial year ending March 31, 2008. The dividend shall be paid pro-rata upto March 17, 2008 (being the date of final maturity of Preference shares) to those members / deemed members whose name appeared in the Register of Members / Statement of beneficial ownership furnished by depositories at the end of business hours on March 12, 2008.

Vivimed Labs - Outcome Of Board Meeting

Vivimed Labs Ltd has informed that the Board of Directors of the Company at its meeting held on March 13, 2008, inter alia, has unanimously resolved the following:

1. Investment in shares and / or loan to Vivimed Holdings Ltd, a 100% subsidiary of the Company.

2. Provide Corporate Guarantee to the lender of Vivimed Holdings Ltd.

The above decisions are consequent to Vivimed Labs Ltd acquiring James Robinson Ltd, a UK based Company through its 100% subsidiary Company and obtaining financial assistance from banks for this acquisition.

Core Projects - Outcome Of Board Meeting

Core Projects & Technologies Ltd has informed that the Board of Directors of the Company at its meeting held on March 13, 2008, inter alia, has approved the allotment of 4,50,000 Warrants to TGS Investment & Trade Pvt Ltd, the Private Equity Arm of the AV Birla Group, entitling them to apply for 4,50,000 Equity Shares of Rs 2/- each at a price of Rs 305/- per share (including a premium of Rs 303/- per share) on preferential basis in accordance with and pursuant to consent of the members accorded at the Extra Ordinary General Meeting of the Company held on February 27, 2008.

Kesar Petroproducts - Outcome of EGM

Kesar Petroproducts Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 10, 2008, inter alia, have accorded the following:
1. In accordance with the Order of the Honble Board of Industrial and Financial Reconstruction passed on August 17, 2007 sanctioning the Scheme of Rehabilitation in accordance with the provisions of the Sick Industrial Companies (Special Provisions) Act, 1985, and subject to necessary provisions and approvals, to accord consent to the Board for :
(a) Reducing the value of the existing fully paid up 2,67,31,735 Equity Shares of Rs 10/- each aggregating to Rs 26,73,17,350/- (Rupees Twenty Six Crores Seventy Three Lakhs Seventeen Thousand Three Hundred Fifty only) into the said fully paid up Equity Shares of the face value of Re 0.10 each (Ten Paise only) and by issuing and allotting 2,67,317 new Equity Shares of Rs 10/- each or such number of the said Shares as may be required to be so issued and allotted to the nearest integer in the ratio of One new Equity Share of Rs 10/- each for every 100 (One Hundred) existing Equity Shares of Rs 10/- each, the holders of less than 50 existing Equity Shares not being entitled to and thus not being allotted any new Equity Shares and the holders holding more than 50 existing Equity Shares being entitled to and allotted One new Equity Share of Rs 10/- each.
(b) The Equity Shares of Rs 10/- (Rupees Ten only) each shall be cancelled in the proportion of 99% of the number of Equity Shares held by each Equity Shareholder, held on the Record Date, the Company shall determine in consultation with the Listing Agreement with the Stock Exchange where the Companys Shares are Listed (but remain suspended due to non-filing of- periodical returns with BSE) subject to the terms of cancellation of Equity Share fractions as given hereunder

Ashok Alco - Outcome Of AGM

Ashok Alco Chem Ltd has informed that the members at the 15th Annual General Meeting (AGM) of the Company held on December 29, 2007, inter alia, have accorded the following:

1. Adoption of the audited Balance Sheet as at March 31, 2007 and the Profit and Loss Account for the year ended on that date and Directors Report and the Auditors Report thereon.

2. Re-appointment of Shri. Shyam P Kadakia as a Director of the Company.

3. Appointment of M/s. N P Patwa & Co., Chartered Accountants, as Auditors of the Company to hold office from the conclusion of this meeting till the conclusion of the next Annual General Meeting of the Company on remuneration, terms & conditions.

Ambalal Sarabhai - Outcome Of Board Meeting

Ambalal Sarabhai Enterprises Ltd has informed that the Board of Directors of the Company at its meeting held on March 12, 2008, has taken note of the litigation filed before CLB in respect of restraining the Company from the sale of properties of the Company and thereby preventing the rehabilitation process being carried on. A group of shareholders have sent a noticefor requisitioning an EGM and filed litigation before CLB for of removal of Shri. Kartikeya Sarabhai as Director of the Company and to appoint a new Director in his place and thereby causing change in control and management of the Company. The CLB has stayed the requisitioning of this meeting and fixed the date of next hearing on May 14, 2008.

Further the Company has informed that, the Board of Directors has noted the stand taken bythe Company and are also desirous to take all such measures including process of law soas to protect the interest of the Company and its investors and capital markets as awhole.

Permanent Magnets - Outcome Of AGM

Permanent Magnets Ltd has informed that the members at the 46th Annual General Meeting (AGM) of the Company held on December 29, 2007, inter alia, have accorded the following:

1. The first item of the notice regarding adoption of accounts of the Company (PML), the accounts of the Company could not be finalized as the order of the High Court is not yet received in relation to the scheme of amalgamation. Therefore the meeting will be adjourned after transacting other items mentioned in the notice, and the adoption of accounts will be taken in the adjourned meeting after the order of the court is received.

2. Re-appointment of M/s. Jayesh Sanghrajka & Co, Chartered Accountants, Mumbai, as Statutory Auditors of the Company, for the year 2007-2008 to hold office till the conclusion of next Annual General Meeting of the Company on remuneration, terms & conditions.

3. Re-appointment of Shri. Arun Binani as a Director of the Company, liable to retire by rotation.

4. Re-appointment of Shri. Shyam Sunder Taparia as the Managing Director of the Company, for a further period of five years commencing from March 01, 2007 on remuneration, terms & conditions.

5. Appointment of Shri. AnilKumar Taparia as a Director of the Company.

6. Appointment of Shri. Rajeev Mundra as a Director of the Company.

Infoquest Software - Outcome Of Board Meeting

Infoquest Software Exports Ltd has informed that the Board of Directors of the Company at its meeting held on February 15, 2008, has approved the following business:

1. Appointment of Shri. Sayed Mohammed Masood as an Additional Director, w.e.f. February 15, 2008.

2. Appointment of Mrs. Geeta Umar Razzaki as an Additional Director, (Independent)w.e.f. February 15, 2008.

3. Appointment of Mrs. Seema Unar Razzaki as an Additional Director (Independent) w.e.f. February 15, 2008.

4. Appointment of Shri. Sayed Mohammed Masood as the Whole-time Director of the Company w.e.f. February 15, 2008.

5. Subject to the approval of members in the Extra Ordinary General Meeting, the Board has approval for carrying on new business activities relating to public transportation and hotels, as covered in the OTHER OBJECTS Clause No. 22, 25 and 31 of the Memorandum of Association.

6. Approval of Notice of Extra Ordinary Meeting (EGM) to be held on March 17, 2008.

AK Capital - Outcome Of Board Meeting

AK Capital Services Ltd has informed that the Board of Directors of the Company at its meeting held on March 12, 2008, has considered and transacted the following business:

RESOLVED that Mr. A K Mittal, Mrs. Anshu & Mr. Srinath Srinivasan, the Directors of the Company, be and are hereby jointly authorized to constitute a Budget Committee for passing the financial budget for the financial year 2008-09 and to do all other necessary compliance of the budget.

RESOLVED FURTHER that Mr. A K Mittal & Mrs. Anshu, the Directors of the Company, be and are hereby jointly authorized to constitute a Board Committee who are authorized to take decision on following items-

1. Opening/Operating/Closing of Bank account, Demat account & CSGL account.

2. Taking bank credit limits upto maximum of 2.5 times of the networth (upto a maximum of INR Two Hundred Crores only) of the Company. The Credit Limit thus availed would primarily be used to subscribe to Primary debt issues.

3. Empanelment applications to the clients.

Power Finance - Outcome Of Board Meeting

Power Finance Corporation Ltd has informed that the Board of Directors of the Company at its meeting held on March 11, 2008, has approved the following:

1. Approval for setting up a whollyowned subsidiary Company to promote, organise and carry on Consultancy services in the related activities of the Company.

2. Approval for setting up a wholly-owned subsidiary Company as nodal agency to implement Accelerated Power Development and Reform Programme of Government of India in the country.

FCS Software - Outcome Of EGM

FCS Software Solutions Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 30, 2008, inter alia, have accorded the following:

1. (a). Amendment in the existing Article No. 5 of Articles of Association of the Company by insertion of new Clause 5(C) and 5(D) after the existing Clause No.5 (B).

(b). Amendment in the existing Article No. 17 of the Articles of Association by insertion of new Clause 17(A) after the existing Clause No. 17.

(c). Amendment in the existing Article No. 125 of the Articles of Association by insertion of new clause 125(C) after the existing clause 125 (B).

2. Authority to the Board to create, issue / offer and allot 20,00,000 Convertible Warrants on preferential placement basis through offer letter and / or circular and / or information memorandum and / or private placement memorandum and / or such other documents / writings, in such form, manner and upon such terms and conditions as may be determined by the Board in its absolute discretion, provided that the aggregate number of resultant equity shares of the Company to be issued against such warrants shall not exceed 20,00,000 fully paid up equity shares of the face value of Rs 10/- each at a premium of Rs 140/- against the Convertible Warrant of Rs 150/- each being not less then the price calculated in accordance with the subsisting SEBI (DIP) Guidelines in this behalf, aggregating to Rs 300/- Million and which can be convertible into equity shares with in a period not exceeding eighteen months (18 months) from the date of allotment of convertible Warrants in accordance with SEBI (DIP) Guidelines to the following allottees as detailed herein below:

- Name of the Allotee: Innova e-Services Pvt Ltd.

- Category: Non-Promoter

- No. of Warrants to be allotted: 20,00,000

Mascon Global - Outcome Of Board Meeting

Mascon Global Ltd has informed that the Board of Directors of the Company at its meeting held on March 11, 2008, considered and approved the following:
I. Acquisition of Overseas Companies:
The Board in its meeting held on October 27, 2007 considered the proposed acquisition of specified Target Companies based in US and referred the matter to the Investment Committee for detailed evaluation as per the mandate of the Board. A note with the final recommendations from the Investment Committee for acquisition of companies was considered by the Board. The Board after considering the recommendations of the Investment Committee along with the valuation reports, from a Category I Merchant Banker approved the acquisition of the following companies
1. Jass & Associates Inc. , USA engaged in providing ERP solution to fortune 100 clients
2. SDG Corporation, USA engaged in providing Identity Management solutions, Digital Media and Broadcast to fortune 100 and fortune 500 clients.
The total consideration for the aforesaid companies has been finalized at USD 55 million, to be settled by issue of GDRs for USD 20 million and balance by cash payment of USD 35 million.

II. Issue of GDRs
a. Final Offering Circular in connection with the proposed GDR Issue:
The Board in their earlier meeting, decided for an issue of USD 50 million for FCCB and GDRs of USD 20 million aggregating to USD 70 million. The Company has completed the FCCB issue for US $ 50 million. After review, the Board considered and approved the issue of GDRs for USD 21 million (USD 20 million towards purchase consideration for acquisition and the balance USD 1 million on cash basis). They approved the Final Offering Circular in connection with the proposed GDR Issue upto US $ 21 Million, to be filed with the Luxembourg Stock Exchange (LSE).

Empee Distilleries - Outcome Of Board Meeting

Empee Distilleries Ltd has informed that the Board of Directors of the Company at its meeting held on March 10, 2008, Mr. Shaji Purushothaman has been appointed as Managing Director of the Company for a period of 5 years with effect from March 10, 2008. His appointment will be in line with the provisions of Schedule XIII of the Companies Act, and subject to the approval of the shareholders at the forthcoming General Meeting of the Company.

Mr. M P Purushothaman has relinquished his office as the Managing Director of the Company with effect from March 10, 2008. He will however continue as the Chairman of the Board of Directors.

Future Capital - Outcome Of Board Meeting

Future Capital Holdings Ltd has informed that the Board of Directors of the Company at its meeting held on March 11, 2008, inter alia, has considered and approved the following:

1. Investment in Centrum Direct Ltd:

The Board of Directors have approved an investment in Centrum Direct Ltd, a Company engaged in foreign exchange money changing business and presently, a wholly owned subsidiary of Centrum Capital Ltd. The proposed Investment will be of an amount of approximately Rupees Seventy Five Crore and would amount to a 50.1% stake of the paid up equity share capital of Centrum Direct Ltd, post the investment by the Company.

2. Investment in Centrum Wealth Managers Ltd:

The Board of Directors have also approved an investment in Centrum Wealth Managers Ltd, a Company that will undertake activities of retail broking (including portfolio management services) and distribution of financial and insurance products and services. The proposed investment will be of an amount of approximately Rupees Twenty Five crore and would amount to a 50.1% stake of the paid up equity share capital of Centrum Wealth Managers Ltd, post the investment by the Company.

Allied Digital - Outcome Of Board Meeting

Allied Digital Services Ltd has informed that the Board of Directors of the Company at its meeting held on March 11, 2008, inter alia, has approved the following:

1. Enhance the borrowing limit of the Company from the existing limit of Rs 100 Crores to Rs 750 Crores subject to the approval of the Shareholders of the Company.

2. Increase the Authorised Share Capital of the Company from Rs 20 Crores to Rs 25 Crores subject to the approval of the Shareholders of the Company.

3. Issue Foreign Currency Convertible Bonds, Depository Receipts and /or other appropriate securities up to an amount not exceeding USD 100 Million or its equivalent in International or Domestic currency subject to the approval of the Members and subject to the approval of the concerned authorities as applicable

4. Issue Equity Shares or Fully Convertible Debentures, partly Convertible Debentures or any security other than warrants which are convertible into or exchangeable with the Equity Shares for an aggregate sum upto USD 100 Million or its equivalent in International or Domestic Market to qualified Institutional buyers (as defined by SEBI (DIP) Guidelines, 2000) pursuant to a qualifies Institutions placement, as provided in the Chapter XIII A of SEBI (DIP) Guidelines, 2000.

5. Invest in the Equity Shares of Digicomp Complete Solutions Pvt Ltd, a Company based in Bangalore and engaged in the business of Technical BPO, Reverse Logistics, Asset Recovery and RMA Services, so as to acquire at least 51% controlling interest in the said Company.

6. Ratification of the Employee Stock Option Scheme 2007 (ESOP 2007) of the Company (pre-IPO scheme) by the members, pursuant to Regulation 22.2A (a)(ii) of the SEBI (Employee Stock Option Scheme And Employee Stock Purchase Scheme) Guidelines, 1999.

Vikas WSP - Outcome Of EGM

Vikas WSP Ltd has informed that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on March 08, 2008, inter alia, have passed the following resolution with requisite majority:

- Shareholders of the Company considered and appointed M/s. Walker, Chandiok & Co., Chartered Accountants, New Delhi as Statutory Auditor of the Company upto conclusion of next AGM in place of M/s. S Prakash Aggarwal & Co., Chartered Accountant, Sri Ganganager.

Aksh Optifibre - Outcome Of AGM

Aksh Optifibre Ltd has informed that the members at the 21st Annual General Meeting (AGM) of the Company held on January 28, 2008, inter alia, have accorded the following:

1. Adoption of the Balance Sheet as at September 30, 2007 and the Profit & Loss account for the period ended on that time together with the Reports of the Directors and the Auditors thereon including the Annexures thereto.

2. Declaration of a dividend @ Rs 0.50 per equity share for the Financial Period ended 2006-2007.

3. Re-appointment of Mr. P F Sundesha, Mr. Sanjay Kalra as Directors of the Company, liable to retire by rotation.

4. Appointment of M/s. P C Bindal & Company, Chartered Accountants, as the Auditors of the Company to hold office from the conclusion of this Annual General Meeting up to the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.

5. Appointment of Mr. Narendra Kumbhat as a Director of the Company, liable to retire by rotation.

IEC Softwares - Outcome Of Board Meeting

IEC Softwares Ltd has informed that the Board of Directors of the Company at its meeting held on March 10, 2008, inter alia, has decided that after the receipt of the in-principal approval from Stock Exchange and approval of the members of the Company at the Extra Ordinary General Meeting held on January 30, 2008, 70,00,000 (Seventy Lacs) Convertible Warrants at a price of Rs 30/- each, which are convertible into equity number of Equity shares of Rs 10/- each at a premium of Rs 20/- within a period of 18 months, on preferential basis to following persons belonging to the Promoter as well as non Promoter group, allotted:

(A) Promoter Group

1. Names of the allottee: R L Gupta

No. of warrants allotted: 17,38,000

2. Names of the allottee: Sharda Gupta

No. of warrants allotted: 17,38,000

(B) Non Promoter Group

3. Names of the allottee: Rajender Bhushan

No. of warrants allotted: 10,29,000

4. Names of the allottee: Vikram Badhwar

No. of warrants allotted: 6,65,000

5. Names of the allottee: Ashok Sharma

No. of warrants allotted: 6,65,000

6. Names of the allottee: Sakshi Sharma

No. of warrants allotted: 1,65,000

7. Names of the allottee: Balkishan Saraf

No. of warrants allotted: 10,00,000

Heritage Foods - Outcome Of Board Meeting

Heritage Foods India Ltd has informed that the Board of Directors of the Company at its meeting held on March 07, 2008, inter alia, have taken the decision to authorize the Management Committee of the Board of Directors of the Company to identify the party(ies), finalize, settle & transfer 20,40,000 equity shares of Heritage Infra Developers Ltd (Subsidiary company of Heritage Foods (India) Ltd) of face value of Rs 10/- each at a best price and execute such documents / deeds / papers / agreement as may be required to finalize and settle the transaction.

Evinix Accessories - Outcome Of Board Meeting

Evinix Accessories Ltd has informed that the Board of Directors of the Company at its meeting held on March 10, 2008, inter alia, has approved the following matters:

1. Further Issue of Securities u/s 81 (1A) of the Companies Act, 1956.

2. Alteration of Share Capital by way of Sub-division of Equity Shares of face value of Rs 10/- each into 10 equity shares of Re 1/- each and consequent alteration in the Memorandum of Association of the Company.

3. Notice of Postal Ballot for seeking the approval of the Shareholders for the aforesaid matters.

Gulshan Chemfill - Outcome Of Board Meeting

Gulshan Chemfill Ltd has informed that the Board of Directors of the Company at its meeting held on March 03, 2008, inter alia, to consider and approve allotment of 85,00,000 convertible warrants and 25,00,000 equity shares on preferential basis to the persons other than promoters.The FIIs on Monday stood as net buyer in equity.

However, as the Proposed Allotees have not been able to deposit the requisite application amount the Board decided to cancel the proposed allotment.

Further, The Board considered and approved the following:

1. Appointment of Mr. Rajendra Aggarwal as Additional Director.

2. To call a Extra Ordinary General Meeting of the Company on April 11, 2008 to incorporate new objects in the object clause of the Memorandum of Association of the Company.

ANG Auto - Outcome Of Board Meeting

ANG Auto Ltd has informed that the Board of Directors of the Company at its meeting held on March 09, 2008, has considered the following matters:

1. Allotment of 13,87,500 Equity Shares of the Company to the shareholders of M/s. ANG Auto Tech (P) Ltd of M/s. ANG Auto Tech P Ltd., with ANG Auto Ltd as per scheme of amalgamation approved by Honble High Court of Delhi.

2. The Board desired certain clarifications on the Buy-Back of shares. It was decided to discuss the same in the next Board Meeting.

Sanghvi Movers - Outcome Of Board Meeting

Sanghvi Movers Ltd has informed that the Board of Directors of the Company at its meeting held on March 08, 2008, has considered and allotted 8,79,580 Equity Shares of Rs 2/- each of the Company on exercise of option of conversion of 1,75,916 outstanding Warrants issued to the Promoters of the Company. The details are as follows:

(1) Name of Promoter : Mrs. Sanghvi Mina Chandrakant

- No of Warrants Converted : 1,63,916

- No of Shares converted into Shares (Face Value of Rs 10/- each) : 1,63,916

- No of Shares allotted (Face value of Rs 2/- each) due to sub-division of shares from Rs 10/- each to Rs 2/- each. : 8,19,580

(2) Name of Promoter : M/s Sanghvi Hi-Lift Pvt Ltd

- No of Warrants Converted : 12,000

- No of Shares converted into Shares (Face Value of Rs 10/- each) : 12,000

- No of Shares allotted (Face value of Rs 2/- each) due to sub-division of shares from RS 10/- each to Rs 2/- each. : 60,000

Consequently the fully paid-up capital of the Company stands increased to Rs 8,65,76,000/- divided into 4,32,88,000 Equity Shares of Rs 2/- each.

Gontermann Peipers - Outcome Of EGM

Gontermann Peipers India Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 07, 2008, inter alia, have unanimously approved the following:Mumbai:

1. To issue, offer and allot, in course of one or more public and / or private offerings in domestic and / or one or more International markets any securities including Global Depository Receipts (GDRs) and / or American Depository. Receipts (ADRs), Foreign Currency Convertible Bonds (FCCBs), Secured Premium Notes (SPNs) and / or any other financial instruments convertible into equity shares or linked to equity shares, preference shares whether Cumulative / Redeemable / Convertible the option of the Company and / or the option of the holders of such securities and / or securities linked to equity shares / preference shares and / or any instrument or securities representing convertible securities such as convertible debentures, bonds or warrants or such similar instruments convertible into Depository Receipts with underlying equity shares & equity shares / preference shares, (Securities) to be subscribed by foreign / domestic investors / institutions / Non-resident Indians and / or companies / corporate bodies / entities whether incorporated in India or abroad including mutual funds, banks, insurance companies, pension funds and / or individuals or otherwise whether or not such persons /entities / investors are Members of the Company as may be deemed appropriate by the Board and permitted under applicable laws and regulations up to an aggregate amount not exceeding USD 50 Million (US Dollars Fifty Million) or equivalent with Green Shoe Option, as may be applicable

Aban Offshore - Outcome Of Board Meeting

Aban Offshore Ltd has informed that the Board of Directors of the Company at its meeting held on March 08, 2008 had considered the proposal to raise funds by issue of Non-Convertible Cumulative Redeemable Preference Shares upto Rs 194 crores, in one or more tranches, on private placement basis. A committee was formed for this purpose to consider the proposal and do the necessary acts as may be required in this regard.

Victory Projects - Outcome Of Board Meeting

Victory Projects Ltd has informed that the Board of Directors of the Company at its meeting completed on March 08, 2008, inter alia, has taken the following decisions:
1. Forfeiture of partly-paid shares:
In Compliance with the provisions of Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000, Articles of Association of the Company 4,76,000 equity shares of Rs 10/ each allotted to the shareholders on May 26, 1995, as per the list placed before the meeting, are forfeited on account of failure of the said shareholders to pay the share allotment money even on several reminders including the recent final forfeiture notice dated January 31, 2008.
2. Re-allotment of forfeited Shares:
These 4,76,000 equity shares of Rs 10/- each forfeited by the Company are sold to theseveral applicants as per the list placed before the meeting of the Board by the Company.
3. Issue of Warrants convertible in to Shares on Preferential basis:
Subject to the approval of Shareholders, in compliance with applicable provisions of Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 the Board decided to issue warrants, which would be converted into 60,00,000 equity shares at later date, on preferential basis to the promoters and other applicants as per the list submitted. The Board has decided to take all required steps to call for an EGM on April 07, 2008 to seek the approval from the shareholders.
4. Revalidation of Fixed Asset of the Company:
The land belonging to the company in Vizag district of Andhra Pradesh, detailed as submitted to the board along with the valuation certificate submitted to the Board will be revalued as per the recommendation with effect from March 31, 2008. The appreciation of Rs 29.82 crores resulting from revaluation of the land, will be credited to the Capital Reserve Account of the Company.

Amit Securities - Outcome Of EGM

Amit Securities Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 06, 2008, have accorded their approval by special resolution to pursue the business specified in sub-clause 62, 63 of Clause III C of the Memorandum of Association of the Company.

Kemrock Industries - Outcome Of Board Meeting

Kemrock Industries & Exports Ltd has informed that the Board of Directors of the Company at its meeting held on March 07, 2008, inter alia, has considered and approved the following:

1. Issue of Equity Shares on Preferential Basis:

To offer, issue and allot upto 4,60,000 Equity Shares at a minimum price as per SEBI (DIP) Guidelines, Chapter XIII, but not more than Rs 650/- per share, aggregating upto Rs 29,90,00,000/- (at a maximum price of Rs 650/- per share) on preferential allotment basis to an eligible foreign entity named in the resolution.

2. Issue of Warrants on Preferential Basis:

To offer, issue and allot upto 3,93,000 Warrants carrying two parts (2,22,000 Warrants in Part-A and 1,71,000 Warrants in Part-B), and each warrant of the said two parts shall carry a right, entitling the holder thereof to apply for and obtain one Equity Share of Rs 10/- each for cash at a premium not exceeding Rs 640/- per share i.e., at the price falling within the minimum price per share as per SEBI (DIP) Guidelines, Chapter XIII, but not more than Rs 650/- per share and aggregating upto Rs 25,54,50,000/- (at a maximum price of Rs 650/- per share) to an eligible foreign entity named in the resolution.

Against Part A of the said Warrants, the registered owner of the Warrants shall be entitled to apply for, at its option, and seek allotment of one Equity Share of Rs 10/- each, in the manner aforesaid after March, 31, 2008 but on or before March, 31, 2009; whereas, against Part B of the said Warrants, the registered owner of the Warrants shall be entitled to apply for, at its option, and seek allotment of one Equity Share of Rs 10/- each, in the manner aforesaid after March, 31, 2009 but within the period of 18 months (being the term of the Warrants) from the date of issue of the Warrants.

Asian Oilfield - Outcome Of EGM

Asian Oilfield Services Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 04, 2008, inter alia, have accorded the following:

1. Alteration in the existing regulations of the Articles of Association of the Company by incorporating the draft regulations.

2. Re-appointment of Shri. Avinash Manchanda as the Managing Director of the Company, for a period of 5 years from February 01, 2008 to January 31, 2013, on remuneration, terms & conditions.

Sarang Chemicals - Outcome Of Board Meeting

Sarang Chemicals Ltd has informed that the Board of Directors of the Company at its meeting held on March 01, 2008, inter alia, has approved the following:

1. Delisting of Equity shares of the Company from Ahmedabad Stock Exchange and Vadodara Stock Exchange Ltd.

2. Conducting Postal Ballots to consider Delisting of Securities of the Company mention

TVS Finance - Outcome Of EGM

TVS Finance & Services Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 07, 2008, inter alia, have accorded the Board to voluntarily delist the Companys equity shares from Bombay Stock Exchange Ltd (BSE) and Madras Stock Exchange Ltd (MSE) on which the Companys equity shares are presently listed.

Clarus Finance - Outcome Of Board Meeting

Clarus Finance & Securities Ltd has informed that the Board of Directors of the Company at its meeting held on March 06, 2008, taking into account the stock and Financial Market situation into account decided to drop the plan of issue of shares on Preferential allotment basis.

Ajcon Global - Outcome Of Board Meeting

Ajcon Global Services Ltd has informed that the Board of Directors of the Company at its meeting held on March 05, 2008, has allotted 3,15,000 Equity Shares of Rs 10/- each at a premium of Rs 65/- per share and 6,75,000/- Equity Warrants of Rs 85/- each to be converted into one Equity Share of Rs 85/- (including premium of Rs 75/-) per share to the persons in terms of special Resolution passed by the members in the Extra Ordinary General Meeting held on February 20, 2008.

Network - Outcome Of Board Meeting

Network Ltd has informed that the Board of Directors of the Company at its meeting held March 06, 2008, has allotted 1210000 equity shares as per details given below:
1. 440000 Equity Shares of Rs 10/- each at a premium of Rs 40/- each to Paliwal Infrastructures Pvt. Ltd. in lieu of 440000 Warrants of Rs 50/- each.
2. 330000 Equity Shares of Rs 10/- each at a premium of Rs 40/- each to Paliwal Overseas Pvt. Ltd. in lieu of 330000 Warrants of Rs 50/- each.
3. 440000 Equity Shares of Rs 10/- each at a premium of Rs 40/- each to Ashok Sawhney & Sons (HUF)in lieu of 440000 warrants of Rs 50/- each.

Divya Jyoti Industries - Outcome Of EGM

Divya Jyoti Industries Ltd has informed that the Requisitioned Extra Ordinary General Meeting (EGM) of the members of the Company held on March 01, 2008 have passed as following Ordinary Resolution:
Resolved that pursuant to the provisions of Section 284 of the Companies Act, 1956 and subject to any Central Governments approval, as may be required, Mr. Satyanarayan Rathi be and is hereby removed from the office of the Directors as well as Whole Time directors of the Company with immediate effect.
The above resolution was carried out by the majority of shareholders.

Info Drive - Outcome Of EGM

Info Drive Software Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 06, 2008, inter alia, have transacted the following:
1. To increase the Authorized Share Capital from 3,00,00,000 Equity Shares of Rs 10/- each aggregating to Rs 30,00,00,000/- (Rupees Thirty Crores only) to 6,00,00,000 Equity Shares of Rs 10/- each aggregating to Rs 60,00,00,000/- (Rupees Sixty Crores only) by amending the Authorized Share Capital Clause in the Memorandum and Articles of Association.
2. To alter the Articles of Association by substituting the new Article 3 in place of the existing Article 3 in relation to the increase in the Authorized Share Capital from 3,00,00,000 to 6,00,00,000 Equity Shares.
3. To raise upto USD 100 Million in one or more tranches by issuing Equity Shares /Convertible Debentures / Convertible Warrants / Convertible Securities / GlobalDepository Receipts (GDRs) / American Depository Receipts (ADRs) / Institutional Allotment or by way of private Placement in Indian Currency or Foreign Currency or by way of ESOP to raise this capital as per Resolution No. 3 of the Notice of Extra-Ordinary Genera1 circulated to Members.
4. To take note of the ratification of the re-designation of Mr. K Shivakumar as Joint Managing Director with effect from September 28, 2007 for a period of two years from September 28, 2007 to September 27, 2009 on a remuneration terms & conditions.

Goldstone Infratech - Outcome Of Board Meeting

Goldstone Infratech Ltd has informed that the Board of Directors of the Company at its meeting held on March 05, 2008, inter alia, has considered and approved the following:

1. Proposal to Set-up 5 MW Solar Power Generation Plant.

2. Proposal to Set Up 40 MW plant for Manufacture of Solar Photo Voltaic Module.

3. Proposal to take up Real Estate Activity.

4. Re-Appointment of Mr. L P Sashikumar as Managing Director of the Company.

Industrial Investment - Outcome Of Board Meeting

Industrial Investment Trust Ltd has informed that the Board of Directors of the Company at its meeting held on March 05, 2008, has transacted the following:

1. Appointed Dr. B Samal and Mr. T M Nagrajan as Additional Directors with immediate effect.

2. Noted resignations of Mr. C P Khandelwal, Mr. Sanjay Dangi and Mr P H Arvindh Pandian as Directors with immediate effect.

3. Appointed Dr. B Samal as the Chairman of the Company.

Marg Constructions - Outcome Of EGM

Marg Constructions Ltd has informed that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on March 05, 2008, inter alia, have taken the following decisions:

1. The Shareholders gave their consent to the Board to issue, offer and allot 97,00,000 (Ninety-seven Lacs) Warrants at a price of Rs 451.25 (Rupees Four Hundred Fifty-one and Twenty Five Paisa Only) per share on preferential basis for cash to the following:

(i) Name of the Person to whom Warrants are being offered: G R K Reddy

- Number of Warrants offered: 22,00,000

(ii) Name of the Person to whom Warrants are being offered: G Raghava Reddy

- Number of Warrants offered: 18,00,000

(iii) Name of the Person to whom Warrants are being offered: Marg Capital Markets Ltd

- Number of Warrants offered: 32,50,000

(iv) Name of the Person to whom Warrants are being offered: Global Infoserv Ltd

- Number of Warrants offered: 9,75,000

(v) Name of the Person to whom Warrants are being offered: G R K Reddy and Sons (HUF)

- Number of Warrants offered: 14,75,000

These warrants are convertible into equity shares at the ratio of one equity shares for each warrants over a time of 18 months in two or more trenches.

2. Consent was accorded to the Board for Raising an amount not exceeding Rs 500 Crores by way of allotment of shares to Qualified Institutional Buyers in accordance to Chapter XIIIA of SEBI (Disclosure and Investor Protection) Guidelines, 2000.

Tatia Global - Outcome Of Board Meeting

Tatia Global Venture Ltd has informed that the Board of Directors of the Company at its meeting held on March 05, 2008, inter alia, has transacted the following:

1. The Board of Directors have allotted 55,00,000 equity shares of Rs 10/- each to the share holders of the transferee Company pursuant to scheme of arrangement as approved by the Honourable High court of Madras.

2. Mr. S P Bharat Jain and Mr. Jetender Surchander Rao, erstwhile directors of the transferee Company are being appointed as Additional Directors of the Company.

3. Mr. E Subbarayan, has been re-appointed as Managing Director of the Company for a period of five years on such terms and condition as approved by the Board of Directors.

4. The Board of Directors reviewed the general operations of the Company relating to corporate and business matter in light of recent developments.

GEE - Outcome Of Board Meeting

GEE Ltd has informed that the Board of Directors of the Company at its meeting held on March 05, 2008, after considering due diligence findings and valuation report dated March 03, 2008 of Ford Rhodes Parks & Co., Mumbai, Chartered Accountants have approved (subject to necessary approvals) the swap ratio for amalgamation of Ferroseal India Pvt Ltd, Filarc Eng. Pvt Ltd & Sagar Merchandise Pvt Ltd with the GEE Ltd as under:

1. For Every 14.70 Equity Shares of Ferroseal India Pvt Ltd of Rs 10 each, 5 Equity Shares of GEE Ltd of Rs 2 each.

2. For Every 14 Equity Shares of Filarc Eng. Pvt Ltd of Rs 10 each, 5 Equity Shares of GEE Ltd of Rs 2 each.

3. For Every 7.37 Equity Shares of Sagar Merchandise Pvt Ltd of Rs 10 each, 5 Equity Shares of GEE Ltd of Rs 2 each.

In the result on approval of scheme by Honble Court and other regulatory authorities theCompany shall allot 3,40,135 Equity Shares to the shareholders of Ferroseal India PvtLtd, 3,57,145 Equity Shares to the share holders of Filarc Eng Pvt Ltd and 2,03,530Equity Shares to the shareholder of Sagar Merchandise Pvt Ltd. As such the Companysequity shall increase by 9,00,810 Equity Shares of Rs 2 each.

The Board has further approved the draft scheme of amalgamation.

Walchandnagar Industries - Outcome Of Board Meeting

Walchandnagar Industries Ltd has informed that the Board of Directors of the Company at its meeting held on March 04, 2008, has decided to seek Shareholders approval through Postal Ballot for passing following items by Special Resolution:

1. Investment of funds upto Rs 1000 Crores in excess of the limit prescribed under Section 372A of the Companies Act, 1956.

2. Alteration to Object Clause of the Memorandum of Company to:

- Explore possibilities of leveraging the existing core competencies to enable the Company to undertake projects in the field of developing, constructing, maintaining and operating various infrastructure facilities and to carry on business of chartering aircrafts as Non Schedule Operator (NSOP)

3. Commencement of new business activities as stated above in point no (2).