Kisan Mouldings - Outcome Of EGM

Kisan Mouldings Ltd has informed that the members at the Extra-Ordinary General Meeting (EGM) of the Company held on January 08, 2008, inter alia, have unanimously passed the following resolutions:

1. Increase in Authorised Share Capital from Rs 10,00,00,000/- (Rupees Ten Crores) to Rs 15,00,00,000/- (Rupees Fifteen Crores) divided into 1,50,00,000 (One Crore and Fifty Lacs) Equity Shares of Rs 10/- each by creation of an additional 50,00,000 (Fifty Lacs) Equity Shares of Rs 10/- each and Alteration of Memorandum of Association of the Company consequent upon the increase in the Authorised Share Capital.

2. Alteration of the Articles of Association consequent upon increase in the Authorised Share Capital.

3. Consent to the Board of Directors to offer, issue and allot 40,00,000 Optionally Fully Convertible Warrants (OFCWs) (Warrants), each Warrant convertible at the sole option of the holder thereof, anytime but before expiry of 18 months from the date of allotment thereof, into 1 fully paid up equity share of the Company of face value of Rs 10/- at an exercise price (including premium) of Rs 40.50 per warrant on Preferential Allotment basis to certain persons / entities including the promoters of the Company, whether such allottees are shareholders of the Company or not.

Baffin Engineering - Outcome Of AGM

Baffin Engineering Projects Ltd has informed that the members at the Annual General Meeting (AGM) of the Company held on December 29, 2007, inter alia, have accorded the following:

Ordinary Business :

1. Adoption of Annual Accounts: The Annual Accounts of the Company for the year ended April 30, 2007, together with the Reports of the Auditors and Directors thereon were adopted by the members.

2. Retirement of Director: Mr. Mahendra Pachnani retired by rotation at the Annual General Meeting. In absence of any proposal for re appointment of retiring director or appointment of any other person in his place, no person was appointed as director in the AGM.

3. Retirement of Director: Mr. Bankim Patel retired by rotation at the Annual General Meeting. In absence of any proposal for re appointment of retiring director or appointment of any other person in his place, no person was appointed as director in the AGM.

4. Re-appointment of Statutory Auditors: M/s. Dhamija Sukhija & Co., Chartered Accountants, Statutory Auditors of the Company were re-appointed by the members unanimously to hold the office from the conclusion of this meeting until the conclusion of next Annual General Meeting.

Special Business:

1. Appointment of Mr. Suresh Mutha as managing Director: Members confirmed the appointment of Mr. Suresh Mutha as the Managing director of the Company w.e.f. August 01, 2007 for a period of three years.

2. change in the Control and Management of the Company: The proposal to Change in the Control of Management of the Company in favour of Mr. Suresh Mutha to have control over the Company was approved by the members of the Company.

3. Appointing and designating Mr. Suresh Mutha as promoter director: Members approved the special resolution for Appointing and designating Mr. Suresh Mutha as promoter director of the Company.

Netvista Information - Outcome Of Board Meeting

Netvista Information Technology Ltd has informed that the Board of Directors of the Company at its meeting held on January 04, 2008, inter alia, has decided the followings:

1. Subject to approval of Members and other statutory authorities wherever necessary,

(a) The name of the Company shall be changed from NETVISTA INFORMATION TECHNOLOGY LTD to SHARADA INFRASTRUCTURE & DEVELOPMENT LTD.

(b) The main object / activity of the Company shall be changed from paper Industries to Construction and accordingly adopt new main object of the Company.

2. Mr. Sudhir Desai of Sudhir M Desai & Co. has appointed as scrutinizer of the Postal Ballot.

3. The Calendar of the events of the Postal Ballot is approved.

4. Delisting of Securities of the Company from Ahmedabad Stock Exchange.

5. Appointment of Mr. Umesh Gawand and Mr. Ravaji Patel as Additional Directors of the Company.

6. To call Extra Ordinary General Meeting of the share holders of the Company on January 31, 2008 to consider & approve the Resolutions set out in the notice of the said Extra Ordinary General Meeting.

Aditya Birla Nuvo - Outcome Of Board Meeting

Aditya Birla Nuvo Ltd has informed that the Board of Directors of the Company at its meeting held on January 09, 2008, inter alia, has decided the following:

1. Issue 2,05,00,000 Warrants of face value of Rs 10/- to promoter / promoter group on preferential allotment basis, entitling the holder of warrant to apply for and obtain allotment of one Equity Share against each Warrant for an aggregate amount of Rs 4200 Crores (approx.) in accordance with the provisions of Section 81 (1A) and all other applicable provisions of the Companies Act, 1956 and pursuant to the provisions of Chapter XIII of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines 2000 (SEBI (DIP) Guidelines).

2. Convene an Extra Ordinary General Meeting for the approval of the aforesaid Preferential Issue / allotment on February 06, 2008.

Spice Communications - Outcome Of Board Meeting

Spice Communications Ltd has informed that the Board of Directors of the Company at its meeting held on January 04, 2008, has decided to avail short term unsecured facility by issuance of commercial papers of INR equivalent to USD 400 million instead of availing the borrowing facilities from Hong Kong and Shanghai Banking Corporation as decided in its earlier meeting held on December 25, 2007.

Rathi Udyog - Outcome Of Board Meeting

Rathi Udyog Ltd has informed that the Board of Directors of the Company at its meeting held on January 07, 2008, has approved the following:

1. Under Section 81(1A) of the Companies Act, 1956 and SEBI (DIP) Guidelines and subject to the approval of Shareholders of the Company, Stock Exchanges / RBI and / or any other Statutory Authorities, it is proposed to issue 1,06,91,889 convertible warrants at a price as per the SEBI (DIP) Guidelines as under.

a. 64,91,889 Warrants to promoters / PACs

b. 42,00,000 Warrants to strategic investors.

2. Convening of the Extra Ordinary General Meeting of the Shareholders of the Company to be held on February 05, 2008 to approve the proposed preferential allotment of Warrants.

BHEL - Outcome Of Board Meeting

Bharat Heavy Electricals Ltd (BHEL) has informed that the Company and NTPC had signed a Joint Venture Agreement on December 17, 2007 for establishment and operation of a Joint Venture Company for taking up EPC business. The Board of Directors of the Company in its meeting held on January 07, 2008 has further decided to modify the scope of operation of the said JV Company to include manufacturing and supply of equipments for power plants and other infrastructure projects in India and Abroad.

Visesh Infotecnics - Outcome Of Board Meeting

Visesh Infotecnics Ltd has informed that the Board of Directors of the Company at its meeting held on January 05, 2008, has unanimously decided to suspend the services of Mr. Bhaskar Sen, Whole time director of the Company with immediate effect, on account of his having acted contrary to the interests of the Company by Committing various detrimental to the functioning, working and interests of the Company. Further it is also decided to initiate legal action against him.

Riga Sugar - Outcome Of EGM

Riga Sugar Company Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 02, 2008, inter alia, have accorded the Board to issue, offer and allot upto 9,25,925 (Nine Lakhs Twenty Five Thousand Nine Hundred and Twenty Five) Convertible Equity Share Warrant (Warrants), to be convertible at the option of Warrant Holder in one or more tranches, within 18 (eighteen) months from its allotment date into 1 fully paid up Equity Share of the Company of face value of Rs 10/- for cash at an exercise price of Rs 27 (including premium of Rs 17/-) for each warrant and to issue fresh Equity Shares on the conversion of the warrants, on such further terms and conditions as may be finalised by the Board to following persons belonging to Promoter Group and to Others:

Promoters

1. The Belsund Sugar & Industries Ltd - 5,00,000 No of Warrants

Others

2. Nupur Professional Aid Pvt Ltd - 1,50,000 No of Warrants

3. Madhyam Vyapaar Pvt Ltd - 1,50,000 No of Warrants

4. Walter Vanijya Pvt Ltd - 1,25,925 No of Warrants.

DMC International - Outcome Of Board Meeting

DMC International Ltd has informed that the Board of Directors of the Company at its meeting held on January 08, 2008 has agreed to establish a strategic alliance in Konichiva Builders Ltd by picking-up its stake upto 20% equity shares in the said Company, subject to the approvals, of members of the Company and / or any other authority(ies).

Konichiva Builders Ltd owns around 50 acres of land in NCR, having potential of Group Housing, Hotels, etc.

The Board also decided to appoint Mr. Sham Sunder Gupta, Managing Director, as nominee Director in the Board of Directors of Konichiva Builders Ltd subject to necessary approval, consent as may be required.

Logix Microsystems - Outcome Of EGM

Logix Microsystems Ltd has informed that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on January 05, 2008, inter alia, have accorded to the following resolutions:

1. Approval for Inter-corporate Investments in Add-on-Auto LLC, USA.

2. Approval for issue of 145000 equity shares of Rs 10 each at Rs 320 per share on preferential basis to acquire common stock of Add-onAuto LLC, USA.

3. Approval for issue of 70000 Warrants of Rs 10 each at Rs 320 per warrant on preferential basis to Non-promoters.

4. Approval for issue of 150000 warrants of Rs 10 each at Rs 320 per warrant on preferential basis to a Group Company of the Promoters.

5. Approval for issue of shares to employees of the Subsidiary Companies under the Employees Stock Option Scheme.

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 January 04, 2008, has considered and taken on record the following items of business, subject to approval of members at the Extra-Ordinary General Meeting of the members of the Company which is scheduled to be held on January 30, 2008.

1. Alteration in Articles of Association for issue of Warrants.

2. To issue 25,00,000 share warrants on preferential basis to the following investors convertible at Rs 150/- per share (Rs 10/- face value + Rs 140/- premium) as per SEBI (DIP) Guidelines, 2000 aggregating upto Rs 37,50,00,000/-.

Name of Allottees:

a) Innova e-Services Pvt Ltd. - Non Promoter - 20,00,000 No. of Share Warrants to be allotted.

b) Maud Estates Pvt Ltd - Non Promoter - 4,00,000 No. of Share Warrants to be allotted.

c) Mr. Uday Punj - Non Promoter - 1,00,000 No. of Share Warrants to be allotted.

3. To enhance the borrowing limit upto Rs 500 Crores.

4. For raising of additional capital by way of issue of FCCB / ADR / GDR / QIP or through any other mode of securities to the extent of $ 25 Million.