Schenectady Beck India Board to consider interim dividend

Schenectady Beck India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be convened in the second week of October 2002 to consider inter alia the matter of declaration of interim dividend for the current financial year. The Company has fixed October 28, 2002 as Record Date for implementing the reduction of capital. The trading in the shares of the Company will also remain suspended from the said record date till date of reduction of capital. In view of the above the Company has fixed the same date ie October 28, 2002 as the record date for the purpose of interim dividend that may be declared for the current financial year.

Gufic Biosciences fixes record date for sub division of shares

Gufic Biosciences Ltd has informed BSE that pursuant to the special resolution passed in the AGM of the Company Board of Directors have fixed November 08, 2002 as the record date for sub division of the shares of the Company.

Cadila Healthcare Board approves formation of Companies in Brazil/USA

Cadila Healthcare Ltd has informed BSE that the Board of Directors at its meeting held today (September 28, 2002) took the following important decisions: 1. Formation of a new Company in Brazil in the name of "Zydus Healthcare Brasil Limitada" as a wholly owned subsidiary (wos) of Zydus International Private Ltd, Ireland, the existing wos of the Company for marketing the products of the Company. 2. Formation of a Limited Liability Company (LLC) in USA in the name of "Zydus Healthcare (USA) LLC" as a wholly owned Subsidiary (wos) of Zydus International Private Ltd, Ireland for developing overseas business. 3. Issue/Allotment of 6.90% Unsecured Redeemable Non-Convertible Debentures aggregating to Rs 350 million. 4. Issue/Allotment of 7.00% Secured Redeemable Non-Convertible Debentures aggregating to Rs 200 million, for which the Company has received "P1+" rating from CRISIL.

White Lion Asia to consider allotment of Bonus Shares

The meeting of the Board of Directors of White Lion Asia Ltd is scheduled to be held on October 03, 2002 for allotment of bonus shares in the ratio of five new equity shares for every one equity share held.

Steelco Gujarat Board allots equity shares to Spica Investment

Steelco Gujarat Ltd has informed BSE that shareholders Grievance Committee at its meeting held today (September 28, 2002) has allotted 3,00,00,000 equity shares of Rs 10/- each aggregating to Rs 30,00,00,000/- to Spica Investment Ltd, Maurities, Oversea Promoters in compliance of BIFR Order.

Voltas -Utilization of share premium a/c to adjust the deferred revenue exp- confirmed by High Court Mumbai

Voltas Ltd has informed BSE pursuant to the special resolution earlier passed by the shareholders at the forty-eighth AGM of the company held on August 12, 2002 under the provisions of Sec 78, 100 and other applicable provisions of the Companies Act 1956, the High Court Mumbai, has at its hearing held on September 27, 2002 confirmed the utilization of Share Premium Account for adjusting the entire balance of the deferred revenue expenditure aggregating to Rs 556.10 million. The company would take necessary action to implement the court order upon its receipt, including the filing and registration of the said order with the ROC, Mumbai.

SM Dyechem appoints Company Sec & Compliance Officer

SM Dyechem Ltd has informed BSE that Mr R V Joshi has been appointed as Company Secretary and Compliance Officer of the company wef September 16, 2002.

Moonstar Investments to consider allotment of shares

A meeting of the Board of Directors of Moonstar Investments Ltd will be held on September 30, 2002 to consider allotment of shares to shareholders pursuant to the exchange ratio fixed in the scheme of amalgamation of the company with Mediline Equipments & Computer Systems I Ltd as approved by the Mumbai High Court.