Dena Bank posts Rs 2661.20 million as net loss for FY-01

Dena Bank has posted a net loss of Rs 2661.20 million for the year ended March 31, 2001 as compared to a net profit of Rs 628.70 million for the previous year ended March 31, 2000. Total Income for the year ended March 31, 2001is at Rs 19154.60 million as compared to Rs 18105.20 million for the year ended March 31, 2000.

Essar Shipping FY-01 net up by 106.99%

Essar Shipping Ltd has posted a net profit of Rs 1002.70 million for the year ended March 31, 2001 as against Rs 484.40 million for the previous year ended March 31, 2000. Total Income for the year ended March 31, 2001 is at Rs 4723.90 million as compared to Rs 4499.20 million for the year ended March 31, 2000. With a view of restructuring the business of the Company, the Port and Terminal Project at Vadinar has been transferred to a wholly owned subsidiary effective from October 01, 2000.

GSFC Q4 net at Rs 437.20 million, FY-01 net at Rs 60.40 million

Gujarat State Fertilisers & Chemicals Ltd has posted a net profit of Rs 437.20 million for the quarter ended March 31, 2001 as compared to a net loss of Rs 57.70 million for the corresponding period last fiscal. Net Sales for the quarter ended March 31, 2001 is at Rs 6289.10 million as compared to Rs 5366.30 million in the year ended March 31, 2000. Other Income for MQ 2001 is higher at Rs 359.30 million as compared to Rs 245.50 million in MQ 2000. Net Profit for the year ended March 31, 2001 is at Rs 60.40 million as against Rs 202.60 million for the previous year. Net Sales for FY-01 is at Rs 21383 million as compared to Rs 20542.60 million in FY-00. Other Income for the current year ended March 31, 2001 is at Rs 743.60 million as against Rs 964.50 million in the previous year. Exceptional items represent recovery of Rs 2105.50 million by FICC for the period from 1982 onwards and Rs134.70 million of additional water charges imposed by GOG for earlier years. Since the recoveries relate to earlier periods, an equivalent amount is withdrawn from the General Reserve. On account of insufficient profit, the Board of Directors of the Company has not recommended any Dividend on preference shares and equity shares.

LML FY-01 results on June 26, 2001

A meeting of the Board of Directors of LML Ltd is scheduled to be held on June 26, 2001 at New Delhi for the approval of Audited Annual Accounts for the financial year 2000-01.

Comp-U-Learn Tech Board approves valuation report for acquisition of Compulearn Inc

Comp-U-Learn Tech India Ltd has informed BSE that the Board of Directors of the company has approved the valuation report submitted by the Earnest & Young for the acquisition of Compulearn Inc., USA. (CI). As per the report CI has been valued at $ 15.2 per share. The exchange ratio based on report is 1:1.6 i.e. one share of the company for every 1.6 shares of CI will be swapped. Extra Ordinary General Meeting of the Company will be held on July 16, 2001

Dolphin Offshore Enterprises FY-01 results on June 28, 2001

Dolphin Offshore Enterprises (India) Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on June 28, 2001 to consider: 1. To adopt the Annual Accounts for the year ended March 31, 2001. 2. To consider recommending payment of Dividend, if any, for the year ended March 31, 2001 3. To approve the Report of Directors of the members for the year ended March 31, 2001 4. To consider convening the Annual General Meeting of the Company for the year ended March 31, 2001.

BSE imposes AVM on 48 scrips

BSE has informed members of the exchange that Additional volatility Margin (AVM) has been imposed on the following scrips for the settlement No. 013/2001-2002 commencing on June 18, 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 be remain unchanged for the entire settlement. CODE NAME OF THE COMPANY GROUP AVM(%) 12599 Adani Exports Ltd. A 10.00 32351 Aksh Optifibre Ltd. B1 10.00 30715 Alps Industries Ltd. B1 10.00 8 Amara Raja Batteries Ltd A 10.00 32385 Aztec Software and Technolgy Services Ltd. B1 10.00 6559 Bayer Diagnostics India Ltd B1 10.00 1469 Boston Education and Software Technologies ltd B2 25.00 32386 California Software Co. Ltd. B1 25.00 79 Carrier Aircon Ltd A 10.00 32324 Cinevista Communications Ltd. B1 10.00 26785 Crest Communications Ltd. B1 15.00 6414 Duphar-Interfran Ltd., B1 15.00 150 Foseco India Ltd B1 15.00 4067 Fujitsu Icim Ltd. B1 15.00 32345 Gati Corporation Ltd B1 10.00 31114 GDR Telefilms Ltd. B2 10.00 183 Himachal Futuristic Communications A 10.00 189 Hinduja Finance Corporation Ltd A 10.00 23758 Information Technologies (India) Lt B1 10.00 32175 Infotech Enterprises Ltd. B1 10.00 32033 Jain Studios Ltd. B1 15.00 32268 Kale Consultants Ltd B1 10.00 31892 Khandwala Securities Ltd. B1 15.00 23411 Krone Communications Ltd B1 10.00 23704 Mastek Limited A 15.00 279 Mirc Electronics Ltd A 10.00 32357 Mukta Arts Ltd. B1 10.00 31903 National Flask Industries Ltd. B1 10.00 32350 Padmalaya Telefilms Ltd. B1 10.00 31120 Patel Engineering Ltd B1 10.00 560 Philips India Limited., A 10.00 32387 Pritish Nandy Communications Ltd B1 10.00 31739 Prudential Pharmaceuticals Ltd. B2 25.00 32199 PSI Data Systems Ltd., A 15.00 7300 Ravalgaon Sugar Farm Ltd., B1 10.00 12115 Rose Merc.Limited B2 10.00 378 Saw Pipes Ltd., A 10.00 32310 Shree Rama Multi-tech Ltd. A 10.00 17411 Shyam Telecom Ltd. A 15.00 31121 Sierra Optima Ltd B1 10.00 32293 Software Technology Group Intl. Ltd. B1 10.00 17556 SSI Ltd. A 10.00 12640 Stocknet International Ltd. B1 10.00 31707 Sun Infoways Ltd. B2 15.00 32301 Tata Coffee Ltd B1 10.00 463 Tata Telecom Ltd B1 10.00 32375 Tips Industries Ltd. B1 15.00 17562 Trigyn Technologies Ltd. A 10.00

United Phosphorus FY-01 results on June 26, 2001

A meeting of the Board of Directors of United Phosphorus Ltd is scheduled to be held on June 26, 2001 to consider and approve the annual accounts for the year 2000-2001. The aforesaid meeting will also consider recommendation of dividend on equity shares.

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