Archive for May, 2009
Tata Chemicals Board recommends Dividend
Tata Chemicals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2009, inter alia, has approved payment of dividend at Rs 9.00 per share of face value of Rs 10/- each (previous year Rs 9.00 per share).
Essar Oil - Updates
Essar Oil Ltd has informed BSE that M/s. Datamatics Financial Services Ltd.(DFSL) will be taking over as “Transfer Agent” of the Company in place of M/s. Sharepro Services (India) Pvt. Ltd. with effect from June 01, 2009.
M/s. Datamatics, will be handling the registry work relating to the securities of the Company held in both physical and electronic form with effect from June 01, 2009 from their office located at :
M/s Datamatics Financial Services India Ltd.,
Plot No. A16 & A17,
Part B Cross Lane;
MIDC, Marol, Andheri (East)
Mumbai - 400093
Tel : +91 22 66712151 to 66712156
Fax : +91 22 66712230
E-mail : eolinvestors@dfssl.com.
Tata Power Board recommends Dividend
Tata Power Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2009, inter alia, has recommended a dividend of Rs 11.50 per Equity Share of Rs 10 each (@ 115%) to the shareholders for the year ended March 31, 2009.
KCP Board recommends Final Dividend
KCP Ltd has informed BSE that the Board of Directors of the Company at its meeting held no May 28, 2009, inter alia, has recommended a final dividend of 25% (Rs 2.50 per share) on paid up capital of the Company subject to the approval of the shareholders in the ensuing Annual General Meeting of the Company, aggregating to a total dividend of 100% (Rs 10/- per share), including interim dividend of 75% (Rs 7.50 per share) paid during the year.
Further the Company has informed that, subject to the approval of the share holders in the ensuing Annual General Meeting the Board has approved the reclassification of existing Authorised Capital of Rs 55,00,00,000/-comprising of 5,50,00,000 Equity shares of Rs 10/- each into 2,00,00,000 Equity shares of Rs 10/- each and 3,50,00,000 unclassified shares of Rs 10/- each with power to the Board to classify, reclassify the Share Capital into any class of shares.
PSL Board recommends Final Dividend
PSL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2009, inter alia, has decided to recommend a total dividend of Rs 5.00 per share (inclusive of interim dividend of Rs 2.50 per share paid in February 2009) on the fully paid up equity share of Rs 10/- each. However, the final dividend of Rs 2.50 per share recommended today shall be paid to a eligible members / beneficiaries after declaration of dividend by the shareholders at the next Annual General Meeting.
GNFC Board recommends Dividend
Gujarat Narmada Valley Fertilizers Company Ltd (GNFC) has informed BSE that the Board of Directors of the Company at its meeting held on May 23, 2009, inter alia, has recommended a dividend of Rs 3.25 per equity share of Rs 10/- each, (i.e. 32.50%) for the financial year ended March 31, 2009.
JK Cement Board recommends Dividend
JK Cement Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 23, 2009, inter alia, has recommended a dividend of Rs 3.50 (Rupee Three paisa fifty only) per equity share for the financial year ended on March 31, 2009, subject to the approval of shareholders in Annual General Meeting.
Jain Irrigation
Jain Irrigation Systems Ltd has informed BSE that Sub- Committee of the Board of the Company in its meeting held on May 23, 2009 allotted 128,360 Equity Shares of Rs 10 at a premium of Rs 335.59 per Equity Share in conversion of 1000 Zero Coupon Convertible Bonds (ZCCB’s) of USD 1000 each in terms of Notification received from the holder and in terms of Offering Circular dated March 24, 2006.
Hi-Tech Gears Board recommends Final Dividend
Hi-Tech Gears Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 23, 2009, inter alia, has recommended Final Dividend @ 15% i.e. Rs 1.50 per shares on the paid up share capital of the Company subject to approval of the members in the Annual General Meeting.
Further, the Board of Directors has also appointed additional Independent Directors Mr. Vinit Taneja and Mr. P C Mathew.
Pitti Laminations
Pitti Laminations Ltd has informed BSE that the Company has sent notices to shareholders in respect of whom the call money has not been forth coming and the amount involved is Rs 0.84 lacs.
The Company has stated in the notice that the call money shall be paid within 25 days from the date of notice (May 08, 2009) together with interest @ 10% per annum effective from July 01, 1994 up to the date of actual payment.
It is clearly stated in the notice that in the event of non-payment of final call money together with interest within 25 days from the date of notice, the shares in respect of which the call was made will liable to be forfeited without any further notice.