Balaji Distilleries Board allots 4 million shares to ICICI

Balaji Distilleries Ltd has informed BSE that the Board of Directors has allotted 4 million equity shares of Rs.10 each to ICICI Ltd., being conversion of a part of the outstanding amount aggregating to Rs.40 million of the rupee term loan of Rs.250 million.

Hero Honda Q1 results on July 16, 2001

A meeting of the Board of Directors of Hero Honda Motors Ltd is scheduled to be held on July 16, 2001 to consider the Un-audited Financial Results of the Company for the first quarter ended June 30, 2001.

Adani Exports fixes revised Book Closure dates

Adani Exports Ltd has informed BSE that the date of Book Closure has been re-scheduled and the Register of Members will now remain closed from September 10, 2001 to September 15, 2001 (both days inclusive) instead of August 27, 2001 to September 01, 2001 (fixed earlier) for the purpose of Annual General Meeting of the Company and for the payment of Final Dividend to those members whose names appear in the Register of Members as on September 15, 2001.

Shri Niranjan Ayurved to raise further equity share capital

Shri Niranjan Ayurved Bhavan Ltd has informed BSE that the Board of Directors has decided the following 1. To issue further Equity Share Capital under section 81(1A) of the Companies Act, 1956 to the extent of 4,32,700 shares of Rs.10 each aggregating to Rs.43, 27,000/-. 2. To alter Articles of Association for including various clauses namely demat, nomination, differential rights and buy back of shares.

Landmarc Leisure Corp to issue Secured Convertible Debentures

Landmarc Leisure Corporation Ltd has informed BSE that the Board of Directors of the company has decided as under : 1. To issue Secured Convertible Debentures. 2. To issue Redeemable Preference Shares. 3. To issue warrants. 4. EGM of the company will be held on 31.07.2001. 5. Shri Rajsingh Dungarpur has been appointed as an Additional Director.

Induj Enertech to issue Secured Convertible Debentures

Induj Enertech Ltd has informed BSE that the Board of Directors of the company has decided as under: 1. To issue Secured Convertible Debentures. 2. To issue Redeemable Preference Shares. 3. To issue warrants. 4. EGM of the company will be held on 30.07.2001.

DSJ Communications Board decides to sub divide equity shares

DSJ Communications Ltd has informed BSE that the Board of Directors of the Company has decided to sub-divide each equity share of Rs.10 each of the company into 10 equity shares of Re.1 each.

SBI is chief promoter of CCIL

State Bank of India has informed BSE that the Bank is the chief promoter of the proposed Clearing Corporation of India Ltd with an equity of 26%.

Raajratna Metals buy back price not to exceed Rs 80 per share

Raajratna Metal Industries Ltd has informed BSE that the Board of Directors of the company has decided to buy back not exceeding 7,26,525 equity shares of Rs.10 each fully paid up at a price not exceeding Rs 80 per share.

BPL allots NCDs to ICICI on private placement basis

BPL Ltd has informed BSE that the meeting of the Finance Committee of Directors held on July 02, 2001 has allotted 13% Secured Redeemable Non-Convertible Debentures aggregating Rs.990 million to ICICI Ltd. on private placement basis.

PR1+ rating assigned to Shree Cements commercial paper issue

Shree Cements Ltd has informed BSE that CARE has assigned PR1+ rating to Company's proposed issue of Commercial Paper for an amount of Rs.200 million.

BSE imposes AVM on 21 scrips

BSE has informed the Members of the Exchange that Additional volatility Margin (AVM) has been imposed on the following scrips for the settlement No.016/2001-2002 commencing on July 09, 2001. The AVM would be computed on the net outstanding Purchase or Sales position as may be applicable including carryforward positions at the end of day at the rate given below. The rate of AVM would remain unchanged for the entire settlement. CODE NAME OF THE COMPANY GROUP AVM(%) 31632 Avinash Information Technologies Ltd. B2 10.00 32382 Balaji Telefilms Ltd. B1 10.00 6285 Bayer (India) Ltd B1 10.00 1469 Boston Education and Software Technologies ltd B2 10.00 32324 Cinevista Communications Ltd. B1 10.00 26785 Crest Communications Ltd. B1 10.00 26624 Elbee Services Ltd. B1 10.00 150 Foseco India Ltd B1 10.00 32312 Geometric Software Solutions Co.Ltd. B1 10.00 32175 Infotech Enterprises Ltd. B1 10.00 24330 Jayant Agro-Organics Limited. B1 10.00 5280 John Fowler (India) Ltd., B2 10.00 32268 Kale Consultants Ltd B1 15.00 31167 Orient Information Technology Ltd. B1 10.00 32387 Pritish Nandy Communications Ltd B1 10.00 31739 Prudential Pharmaceuticals Ltd. B2 25.00 31121 Sierra Optima Ltd B1 10.00 12299 Sterling Biotech Ltd., B1 10.00 12640 Stocknet International Ltd. B1 15.00 32301 Tata Coffee Ltd B1 10.00 32375 Tips Industries Ltd. B1 10.00

Geometric Software Q1 net down by 10.46%

Geometric Software Solutions Co. Ltd has posted a net profit of Rs 21.39 million for the quarter ended June 30, 2001 as against Rs 23.89 million for the quarter ended June 30, 2000. Net Sales - Software and Services for the quarter ended June 30, 2001 is higher by 60.46%, at Rs 140.47 million as compared to Rs 87.54 million in quarter ended June 30, 2000. Other Income for JQ 2001 is at Rs 4.46 million as against Rs 5.12 million for JQ 2000.

Shipping Corporation Q1 results on July 16, 2001

A meeting of the Board of Directors of Shipping Corporation of India Ltd is scheduled to be held on July 16, 2001 to consider the accounts for the financial year ended March 31, 2001 and recommendation of Final Dividend, if any. The aforesaid meeting will also consider the unaudited financial results of the Company for the first quarter ended June 30, 2001.

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