Jubilant Organosys Board to consider merger of Vam Leasing and Vam Investment

Jubilant Organosys Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 17, 2002 to consider the following: Merger of Vam Leasing Ltd and Vam Investments Ltd with the Company Sub division of equity shares and alteration of capital clause of Memorandum & Articles of Association of the Company.

Magan Industries to consider issue of bonus shares

A meeting of the Board of Directors of Magan Industries will be held on July 15, 2002 to consider issue of bonus shares subject to the approval of shareholders. Earlier Magan Industries Ltd had informed BSE that a meeting of the Board of Directors of the Company will be held on July 15, 2002 to discuss and finalise the buy back of shares in accordance with the regulation prescribed by SEBI which stands withdrawn.

Lock Out at Gummidipoondi unit of Greaves

Greaves Ltd has informed BSE that in view of the workmen resorting to go slow tactics leading to disruption of normal activities and endangering its assets, the Company has declared a lock-out effective July 06, 2002 at one of its manufacturing units ie heavy engineering unit at Gummidipoondi (Tamil Nadu).

Precimet Diamonds to develop Government land in Orissa

Precimet Diamonds Ltd has been shortlisted by the Orissa Government to develop land owned by the co-operation department. The company is likely to get assignments to the tune of 0.30 million square feet space in the prime locations in Bhubaneshwar. Also in the pipeline is setting up of an entertainment park in Puri. The company hopes to earn substantial profits in the current financial year to the tune of Rs 30 to Rs 40 million.

Supreme Industries FY-02 results on July 22, 2002

Supreme Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 22, 2002 for consideration of audited accounts for the year ended June 30, 2002 and recommendation of Dividend on equity shares.

SBI announces change in management structure

SBI has informed BSE that the following change in Directors. 1. Shri A C Kalita, Director on the Bank's Central Board ceased to be a Director on the Board wef May 13, 2002 on expiry of his term on May 12, 2002. 2. Shri Y Radhakrishnan Managing Director & GE (CB) has relinquished office of the Managing Director as on June 30, 2002 and ceased to be Director on the Board wef July 01, 2002.

Normalcy restored at Dahanu Power Unit I of BSES

BSES Ltd has informed BSE that normalcy has now been restored and the Unit I has now started generating electric energy. However, the Unit II continues to be shutdown for capital overall work which is expected to be completed in about 4-5 weeks period. The Company had earlier informed that the shutdown of the both the units of its Dahanu Power Station due to flood in the premises of the Switchyard, Turbines halls and auxiliary plant areas.

Crompton Greaves Q1 net at Rs 6 million

Crompton Greaves Ltd has posted a net profit of Rs 6 million in quarter ended June 30, 2002 as compared to a net loss of Rs 56.80 million for quarter ended June 30, 2001. The total income (net of excise) has increased from Rs 3486 million in JQ-2001 to Rs 3709.30 million in JQ-2002.

Concor declares 100% dividend

The Board of Directors of Container Corporation of India Ltd at its meeting held on July 04, 2002 has recommended a dividend of 100% on the paid up share capital of the company for the financial year ended March 31, 2002.

Sterlite Industries Company Secretary resigns

Sterlite Industries India Ltd has informed BSE that Mr Somnath Patil CFO & Company Secretary has resigned from the company at the close of business hours on June 30, 2002. Mr S S Krishnan has been appointed as Head Legal & Secretarial wef July 01, 2002. He shall also act as a compliance officer of the company.

ONGC Board clarifies on acquisition of majority stake in MRPL

Oil & Natural Gas Corporation Ltd has informed BSE that the Board was informed that a proposal is being examined for consideration of acquiring stake in Mangalore Refinery & Petrochemicals Ltd. Earlier the company had informed that the Board of Directors has approved a proposal for acquisition of majority stake in Mangalore Refinery and Petrochemicals Ltd which stands withdrawn.

Nestle H1 results on July 30, 2002

Nestle India Ltd has informed BSE that Board Meeting is scheduled to be held on July 30, 2002 to consider the unaudited financial results for the second quarter and half year ended June 30, 2002.

Sadhana Nitro to recommend issue of bonus shares

Sadhana Nitro Chem Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 29, 2002 to consider interalia the following business: To adopt accounts and to consider and recommend dividend for the year 2001-02 To consider and recommend issue of Bonus Shares.

Hero Honda Q1 net up by 76.58%

Hero Honda Motors Ltd has posted a net profit of Rs 1391.60 million in quarter ended June 30, 2002 as compared to Rs 788.10 million for quarter ended June 30, 2001. The total income has increased from Rs 9545.90 million in JQ-2001 to Rs 12904 million in JQ-2002. During the quarter ended June 30, 2002 the Company has sold 421,679 motor cycles as compared to 306,930 motor cycles for the corresponding period last fiscal.

Indo Rama Syn to consider and approve the scheme of corporate restructuring

The Board of Directors of Indo Rama Synthetics India Ltd will meet on July 16, 2002 to consider the following: 1. Un-audited financial results for the quarter ended June 30, 2002 2. Consider and approve the scheme of corporate re-structuring of the company through demerger of spun yarn business into a separate company. The Board had approved the demerger proposal on May 16, 2002.

Ajeetkumar Rastogi resigns from Directorship of Gujarat Intrux

Gujarat Intrux Ltd has informed BSE that Mr AjeetKumar Rastogi has resigned from the Directorship of the Company w e f May 28, 2002.

Nethra Kumar appointed as Wholetime Director of Lakshmi Electrical Control

Lakshmi Electrical Control Systems Ltd has informed BSE that the Board of Directors have appointed Mrs Nethra J S Kumar who is a Director since October 2000, as Whole Time Director for a period of 5 years from July 01, 2002.

GDR Telefilms Q1 net up by 85.24%

GDR Telefilms Ltd has posted a net profit of Rs 11.79 million for the quarter ended June 30, 2002 as compared to Rs 6.36 million in the quarter ended June 30, 2001. Total Income has increased from Rs 22.38 million in the quarter ended June 30, 2001 to Rs 32.86 million in the quarter ended June 30, 2002. The Board has approved the spilt of shares of Rs 10/- each into shares of Rs 1/- each subject to the approval of the members. The company has bagged an order of $5 million in IT enabled services segment.

Dharmendra Siraj resigns from Directorship of Weizmann Fincorp

Weizmann Fincorp Ltd has informed BSE that Mr Dharmendra G Siraj has resigned as Director of the Company w e f June 18, 2002.

Hugar appointed as Director of Zicom Electronic Security Systems

Shri R S Hugar, renowned Banker, has joined as a Director of Zicom Electronic Security Systems Ltd., a leading electronic security solutions provider in India. Mr. Hugar recently retired as Chairman and Managing Director of Global Trust Bank Ltd. after a brief tenure of nine months. The Company has recently bagged prestigious contracts for providing electronic security solutions to Reserve Bank of India and Government of Andhra Pradesh and is negotiating with other public sector undertakings for major security installation jobs. The Company with Computer Associates (C.A) has developed Software Access Control Management Agent (ACMA) and is certified by Computer Associates as "ca-smart" which is a seal of excellence. The Company will shortly undertake marketing of this software in India and Abroad. In view of this changed scenario Zicom is expected to substantially improve its performance in the current financial year.

Kodak India denies news item

With reference to the news article appearing in a leading financial daily regarding buyback of shares in Kodak India by its parent Company, Kodak India Ltd has informed BSE that the Company has not received any such proposal from Kodak Ltd, UK.

Geometric Software Solutions and Dassault Systems create Consulting & Services Partnership

Geometric Software Solutions Co. Ltd and Dassault Systems today (July 8, 2002) announced the formation of a worldwide Consulting and Services partnership for Dassault Systems' 3D PLM solutions. Under the agreement, Geometric will provide services and support around Dassault Systems' 3D PLM software suite including CATIA, ENOVIA, DELMIA and SMARTEAM. Based in India, Geometric will play a major role in advancing Dassault Systems 3D PLM solutions in the Asia-Pacific region. Geometric Software Solutions Managing Director Manu Papria says, "With this partnership, Geometric Strengthens its positions of a valuable contributor to the Dassault Systems ecosystem. Geometric's expertise in the PLM space together with its knowledge of CATIA, ENOVIA, DELMIA and SMARTEAM make it the ideal partner for implementing solutions around such products in Asia-Pacific. We look forward to working with Dassault Systems and its partners"

ONGC Board approves proposal for acquisition of majority stake in Mangalore Refinery

Oil and Natural Gas Corporation Ltd has informed BSE that the Board of Directors has approved a proposal for acquisition of majority stake in Mangalore Refinery and Petrochemicals Ltd.

BSE revises Special Margin on 117 scrips

BSE has informed the members of the exchange that the following scrips will attract Special Margins as indicated hereunder with effect from today (July 8, 2002). The rates of Special Margins have been revised keeping in view the closing price of the scrip on the last day of the settlement. Special margins will be imposed on the basis of memberwise gross purchase or sales position (clientwise net) as indicated below: CODE NAME GROUP PER SHARE (PURCHASE)(%) PER SHARE (SALE)(%) 530707 AFTEK INFOSYS B1 25 519281 AGRO DUTCH B1 25 531924 ALPS INFOSYS B2 50 522275 ALSTOM B1 25 532311 AMEX INFORMATIO B2 25 532259 APAR INDUSTRIES B2 25 503940 ASIAN ELECTRO B1 25 500029 AUTOLITE B2 25 532161 BAFFIN ENGINEER B2 25 500048 BHARAT EARTH MO B1 25 500055 BHUSHAN STEEL B1 25 517544 C MAC CENTUM B1 25 513353 COCHIN REFINERY B2 25 506390 COLOUR CHEM B1 25 508814 COSMO FILMS B2 25 531943 CSJ TECHNOLOGY B2 25 532419 D LINK INDIA B1 25 500117 DCW B2 25 523618 DREDGING CORP B1 25 526677 DSJ COMM B2 25 532365 DYNACON SYSTEM B2 25 509028 E SERVE IN B1 25 532417 E.STAR INFO B2 25 504008 EMCO B1 25 500627 ESSAR STEEL B1 25 506156 ETC NETWORKS B2 25 512127 ETP CORPORATION B2 25 526881 FINANCE TECH B2 25 532326 FORTUNE INFO B2 25 500655 GARWARE POLY B2 25 506109 GENESYS INTER B1 25 531939 GENIUS COMMU TR B2 25 503699 GEODESIC INF B2 25 532312 GEOMETRIC SOFT B1 25 526729 GOLDIAM INT B1 25 530001 GUJARAT ALKALIE B1 25 500467 HARRISONS MALY B2 25 509073 HATHWAY BHAWANI B2 25 500185 HIND CONSTRUC B1 25 524652 IND SWIFT B1 25 500720 INDIAN ORGANIC B2 25 500207 INDO RAMA SYN B1 25 532010 INDOTECH CAPITA B2 25 532175 INFOTECH ENT B1 25 512447 INNOVISION B2 25 524494 IPCA LABORATOR B1 25 532421 IQ INFOTECH B2 25 507480 ISHWAR MEDICAL B2 25 531816 IT MICROSYSTEM B2 25 530773 IVRCL INFRA B1 25 506943 J B CHEMICALS B1 25 500223 JCT LTD B1 25 500107 JINDAL IRON B1 25 531960 JINDAL ONLINE B2 25 532256 JINDAL STRIPS B1 25 500228 JINDAL VIJAY B2 25 513250 JYOTI STRUCTURE B1 25 500235 KALYANI STEELS B2 25 504807 KEC INTERNATION B2 25 506532 KERALA CHEMICAL B2 25 531269 KLG SYSTEL B1 25 524518 KREBS BIOCHEM B1 25 520061 LAKSHMI AUTO B1 50 531458 LASER EYE CARE B2 25 500254 LLOYDS STEEL B2 25 500266 MAH. SEAMLESS B1 50 500265 MAHARASTRA SEAM B1 25 502986 MAHAVIR SPNG B1 25 502157 MANGALAM CEMENT B2 25 532337 MASCOT SYSTEM B1 25 531417 MEGA CORPORN B2 25 532307 MELSTAR INFOR B1 25 513446 MONNET ISPAT B2 25 503031 MORARJEE GOCUL B2 25 500460 MUKUND LTD B1 25 520043 MUNJAL SHOWA B1 25 523630 NATIONAL FERT B2 25 513179 NATIONAL STEEL B2 25 504112 NELCO B1 25 531209 NUCLEUS SOFTWAR B1 25 520021 OMAX AUTOS B1 50 531093 OPTEL TELECOMM B2 25 532091 ORBIT MULTI B2 50 532350 PADMALAYA TELE B1 25 531492 PENTA COMMUN B1 25 517296 PHOENIX LAMPS B2 25 524051 POLYPLEX B2 25 522205 PRAJ INDUSTRIES B2 25 506852 PUNJAB ALKALI B2 25 506618 PUNJAB CHEMICAL B2 25 500346 PUNJAB COMM B1 25 500355 RALLIS INDIA B1 25 513583 S B & T B1 25 526093 SATHAVAHANA ISP B2 25 532361 SHAPRE GLOBAL B2 25 532435 SMR UNISOFT B2 25 520057 SONA KOYO STEER B1 25 512531 STATE TRADING B1 25 512640 STOCK NET INTER B1 25 532348 SUBEX SYSTEM B1 25 504920 SWIL B2 25 504290 TATA INFOTEC B1 25 500463 TATA TELECOM B1 25 532358 TELE DATA INF B2 25 522116 TEXTOOL CO. B2 25 531554 TOP TELEMEDIA B2 25 531659 TRANSNAT SEC B2 25 500423 TVS ELECTRONICS B1 25 531790 UNIVERSAL MEDIA B2 25 513216 UTTAM STEEL B2 25 500439 VARDHAMAN SPG. B1 25 532214 VISUAL SOFTWARE B1 25 532325 VITAL COMMUN B2 25 505890 WIDIA B1 25 500950 WIMCO B1 25 504067 ZENSTAR TECHNOL B1 25 532177 ZIGMA SOFTWARE B2 25

Aban Loyd Chiles clarifies on news item

With reference to the news article appearing in a leading financial daily titled "Aban Loyd's looks for strategic allies" Aban Loyd Chiles Offshore Ltd has informed BSE that the news item is mainly speculative, particularly in view of the bidding process of SCI, it is not yet completed.