Century Enka - Outcome of AGM - July 19 , 2008

Century Enka Ltd has informed that the members at the 42nd Annual General Meeting (AGM) of the Company held on June 28, 2008, inter alia, have accorded to the following:

1. Adoption of the Audited Accounts of the Company for the year ended March 31, 2008 together with the Reports of the Auditors and the Directors.

2. Declaration of dividend at the rate of Rs 5.00 per Equity Share of Rs 10.00 each in the Company for the year ended March 31, 2008.

3. Re-appointment of Mr. B K Birla & Mr. V Dixit as Directors of the Company.

4। Re-appointment of M/s। Price Waterhouse, Chartered Accountants, Kolkata as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions।

5. Authorised to pay remuneration by way of commission to its Directors (including Alternate Directors), resident in India, other than the Directors in the whole-time employment of the Company in respect of each of the Five financial years commencing from the April 1, 2008 subject to an overall ceiling 1% of the net profits of the Company for that financial year computed in accordance with the provisions of Section 198 of the Companies Act, 1956 or Rs 20 Lacs (Rupees Twenty lacs only) in aggregate, whichever is lower.

6. Appointment and remuneration of Mr. G M Singhvi, the Whole-time Director of the Company. on necessary terms & conditions.

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.

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.

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.