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BSE
11-Mar-2010 |
Ackruti City Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers)
Regulations, 1997 to BSE Date of Reporting : March 09, 2010 Name of the Company : Ackruti City Ltd Total no of outstanding
shares of the Company : 7,27,35,871 Name of the Entity: Mahipatray V Shah (HUF) Details of Transaction Date of Transaction
: March 05, 2010 *Number of Shares Pledged : *1,97,700 Aggregate details after the transaction Total no of shares held by
the entity in the company: 96,00,000 Total No of shares pledged : 89,48,300 % of total shares pledged to total no of shares
held by the entity in the Company :93.217% % of shares pledged to total no of outstanding shares of the Company : 12.307%
Note : * - The shares pledged as collateral security for the project funding / loans availed by Ackruti City Ltd have been
released pursuant to loan arrangement.
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BSE
11-Mar-2010 |
Aditya Birla Nuvo Ltd has informed BSE that Aditya Birla Minacs Worldwide Inc., Canada, a subsidiary of the Company has
acquired Compass BPO Ltd., UK, a BPO service provider. In this regard, the Company has submitted to BSE a Press Release
titled "Aditya Birla Minacs acquires UK based Compass BPO" Press Release: "Aditya Birla Minacs, a global business solutions
Company, today announced the acquisition of UK-based Compass BPO Ltd, a leading pure-play end-to-end Finance and Accounting
(F&A) services provider. Compass BPO has appeared in the top 15 upcoming F&A BPO players in a recent Gartner report. It was
also cited in the Top Offshore BPO providers by FAQ Today magazine and in the 'Global Services 100-2008 list' by NeoIT and
Global Servicer. Through this acquisition, Minacs will take over all the operations of Compass across the UK, US, Middle
East and in India, bringing Minacs' F&A employee strength to 600- The founders of Compass ? David McCullough and Mark Atkins
? will join Minacs' management. This announcement comes close on the heels of Minacs' recent inauguration of its new Global
F&A Center of Excellence in Chennai. Its end to end F&A services portfolio now includes transactional accounting, knowledge
based services (e.g. financial planning and analysis, research, budgeting/ forecasting and reporting), risk support services,
business solutions (implementation and Hosting / DRA services) and IT-based financial solutions and services. Commenting on
the deal, Deepak Patel, CEO - Aditya Birla Minacs says, "With Compass forming the core of Aditya Birla Minacs F&A, we are
now strongly positioned to be an integral part of our clients' core processes. Compass is already a highly respected force In
the E&A space with the full spectrum of capabilities. With 10 years of operations, it has excellent client credentials, a
highly qualified team, and strong domain expertise. This move is part of our strategic roadmap, and brings to Minacs
significant credibility in the fast growing F&A business". David McCullough, CEO - Compass BPO said, "We at Compass are
excited at the opportunities for accelerating growth by leveraging Minacs' global platform. Our best-in-class F&A expertise
and value-added business solutions will bring great advantages to Minacs' Fortune 500 client base. We are also delighted to
be part of a team that is known for its heritage of long term partnerships with clients". Minacs has invested significantly
in developing new capabilities in the recent past. F&A is a key focus area, including deployment of proprietary point
solutions, which integrate with any ERP, allowing easy E&A process transition, client control and transparency- Similarly,
Compass BPO provides business intelligence solutions for financial analysis and reporting enabling clients to make quick and
informed business decisions."
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BSE
11-Mar-2010 |
Aditya Birla Nuvo Ltd has informed BSE that the Investor Relations and Finance Committee of the Board of Directors of the
Company, has, on March 10, 2010, allotted 10,000 6% Redeemable Cumulative Preference Shares of Rs. 100/- each to the
preference shareholders of Peter England Fashions and Retail Company Ltd., a subsidiary of the Company pursuant to the Order
dated January 28, 2010 passed by the Hon'ble High Court of Gujarat at Ahmedabad in the composite Scheme of Arrangement
between Aditya Birla Nuvo Ltd. (ABNL) and Madura Garments Exports Ltd. (MGEL) and MG Lifetstyle Clothing Company Pvt. Ltd.
(MGLCCPL) and Peter England Fashions and Retail Ltd. (PEFRL) and their respective shareholders and creditors. Further the
Company has informed that, the preference shareholders (other than Aditya Birla Nuvo Ltd.) holding preference shares in PEFRL
on March 09, 2010 (being fixed as Record Date) were entitled for 1 fully paid up 6% Redeemable Preference share of Rs. 100/-
each of the Company as fully paid up for every 1 6% Redeemable Cumulative Preference Share of Rs. 100/- each fully paid up
and held in PEFRL.
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BSE
11-Mar-2010 |
Anuvin Industries Ltd has informed BSE about the resignation of Director, Mr. Sumermal Jain w.e.f. March 31, 2004. Further
the Company has informed : - the Company has appointed Mr. Rajen Mehta w.e.f. January 08, 2009 at the Board Meeting held on
January 08, 2009. - the resignation of Director Mr. Pankaj Choksi w.e.f. June 09, 2009 at the Board Meeting held on June 09,
2009. - the Company has appointed Mr. Dilipkumar Mehta w.e.f. June 18, 2009 at the Board Meeting held on June 18, 2009. -
the Company has appointed Mr. Dhananjay Digambar Pande, as Independent Director at the Board Meeting held on January 05,
2010. - the Resignation of Director Mr. Rohan R. Mehta w.e.f. January 07, 2010 at Board Meeting held on January 07, 2010. -
the Company has appointed Mr. Tabrez Shafi Ahmed Shaikh, as Independent Director at the Board Meeting held on January 12,
2010.
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BSE
11-Mar-2010 |
Bharti Airtel Ltd has informed BSE regarding a Press Release dated March 11, 2010 titled "Bharti Airtel makes its Media &
Entertainment debut- launches Digital Media Business" Press Release: "Bharti Airtel, one of Asia's leading integrated
telecom services providers today made its debut into Media & Entertainment with the launch of the Airtel Digital Media
Business. With this, Bharti Airtel will be able to offer Content Delivery Solutions for media and entertainment sector. The
creation of its Digital Media Exchange offers the industry, a secure digital distribution capability across multiple media
platforms. This ensures that content producers can have an integrated content delivery and aggregation platform that
repackages content for all media formats. According to Sanjay Kapoor, CEO-India and South Asia, Bharti Airtel, "There is a
clear demand for secure digital distribution capability across multiple platforms. Airtel Digital Media Business will help
establish India as an innovation hub for global content and format delivery. This significant step takes Brand Airtel ahead
from being just a telecom brand to it lifestyle enabler." "Airtel's Digital Media Business is integrated with our global
network of submarine cable systems, international points of presence (PoPs) and our Content Delivery Network (CDN) services.
It will now be able to deliver on a secure platform, high quality content across geographies' says Rajan Swaroop Executive
Director, Enterprise Services, Bharti Airtel. The move will also pave the way for over 16,000 cinema screens across the
country to potentially offer high quality international viewing experience for consumers in India. Addressing critical areas
of operations for media organizations, Airtel through its Teleport services would offer content gathering. distribution
services to television channels. This would also include complete content management services such as playout. archival,
collocation and storage. Besides, Airtel will also offer content producers- an integrated content delivery and aggregation
opportunity for the Indian media and entertainment industry that is estimated to grow from Rs. 611 bn to Rs.929 bn at 11%
CAGR over 2009-2013. (Source: PWC Entertainment &Media Outlook 2005-09). This platform will benefit a range of users
including producers, creative agencies, production and post production houses, animation, gaming firms, visual media firms,
news channels, cinemas, banking institutions, and distribution agencies."
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BSE
11-Mar-2010 |
C & C Constructions Ltd has informed BSE vide its letter dated March 11, 2010, that "C & C Constructions Ltd. through its
subsidiary C & C Towers Ltd. inked an LOI with CINEPOLIS-India's first international megaplex chain, for a 10 screen megaplex
at the Mohali Junction - an ISBT cum Commercial Complex at Mohali, a PPP project with the Punjab Government ".
Announcement: "C & C Constructions Ltd. through its subsidiary C & C Towers Ltd. inked an LOI with CINEPOLIS-India's first
international megaplex chain, for a 10 screen megaplex at the Mohali Junction ? an ISBT cum Commercial Complex at Mohali, a
PPP project with the Punjab Government. Spread across an area of more than 65000 sq ft, the 10 screen megaplex is all set to
redefine the benchmarks of luxury cinema. In what can be seen as a major breakthrough, C&C has ushered an all new experience
in Cinema viewing wherein the 10 screen concept is something that the people of the region have been eagerly aspiring to
experience. Cinepolis is the world's 5th largest movie theater circuit, operating more than 2,100 screens in 8 countries and
serving mare than 100 million patrons annually. Mr. G. S. Johar, Chairman, C & C Constructions Ltd. remarked- "Cinepolis is
the worldwide pioneer of the luxury cinema concept and this is just the beginning!!The Project that boasts of being the first
of its kind in India is all set to bring about a revolution since it brings together an ambience that finely amalgamates the
best of retail, corporate, entertainment and the futuristic transportation concept?. It may be recalled that the Govt of
Punjab has launched this ambitious venture with an eye to catapult Punjab into the next generation state. Besides a high tech
AC bus stand, based on the immensely popular international template, the project boasts of the first high rise building in
the region, spanning more than 18 floors, a business hotel and a shopping mall. The megaplex is likely to be operative in the
second quarter of 2011."
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BSE
11-Mar-2010 |
Canara Bank has informed BSE that Shri S. K. Kohli, General Secretary, Canara Bank Officers' Association, was nominated as
Officer Employee Director on the Board of the Bank for a period of three years with effect from March 08, 2007 by Government
of India, Ministry of Finance, Department of Economic Affairs (Banking Division), New Delhi, vide Notification dated March
08, 2007, in exercise of the powers conferred by Sub-section (3) (f) of Section 9 of the Banking Companies (Acquisition and
Transfer of Undertakings) Act, 1970 / 1980. The term of the said Director completed on March 07, 2010, and he ceased to be a
Director on the Board of the Bank on the said date (as per the letter dated September 25, 2009 of Ministry of Finance,
Department of Financial Services, Government of India).
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BSE
11-Mar-2010 |
Caprihans India Ltd has informed BSE that the Company's share has been delisted from trading in Delhi Stock Exchange Ltd.
(DSE) with immediate effect.
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BSE
11-Mar-2010 |
Cethar Industries Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have approved the resolution
unanimously for alternation of object clause as proposed in the notice.
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BSE
11-Mar-2010 |
GVK Power & Infrastructure Ltd has informed BSE that GVK Developmental Projects Pvt. Ltd., a wholly owned subsidiary of the
Company has won the bid to develop 690 MW Rattle Hydro Electric Project on river Chinab, Kishtwar district, in the State of
Jammu & Kashmir on Built, Own, Operate and Transfer (BOOT) basis. The estimated cost of the said project is around Rs. 5,000
Crores and targeted for commissioning by 2017.
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