HCL Infosystems issues corrigendum for issue price of options
HCL Infosystems Ltd., has informed BSE that the exercise price for its stock options will be Rs 289 per share and not Rs 290 as intimated earlier.

ADF Foods appoints additional directors
ADF Foods Ltd has informed BSE that in the Board meeting held on August 10, 2000 it was decided to appoint Shri D. E. Udwadia, Shri Nipun Shah, Shri Yasir Varawala and Shri Vikram Munshi as Additional Directors.

P M Rao appointed MD of Ventura Textiles
Ventura Textiles Corporation Ltd. has informed BSE that Mr. P M Rao has been appointed as Managing Director of the Company with effect from July 1, 2000.

Talbros Automotive declares 22% dividend
Talbros Automotive Components Ltd. has informed BSE that the Board of Directors of the company in a meeting held on August 11, 2000 has declared a 22% dividend for the year ended March 31, 2000 on the entire paid up share capital of Rs 16.4 million.

Heavy rains disrupt work at Hindustan Construction's sites in H. P. and Bhutan
Hindustan Construction Company Ltd. has informed BSE that work at its Nathpa Jhakri Joint Venture (NJJV) site in Himachal Pradesh and Tata C1 and C4 projects in Bhutan has been disrupted due to heavy rains.

Gramophone Co VRS gets good response
Gramophone Company of India Ltd. has informed BSE that the recently introduced VRS in the company, which closed on July 24, 2000, has met with a favourable response. 213 employees have opted for the VRS.

Kanthal India Q1 loss at Rs 5.45 million
Kanthal India Ltd has reported a net loss of Rs 5.45 million for the quarter ended June 30, 2000. Loss for the quarter ended June 30, 1999 stood at Rs 2.24 million.

Kulkarni Power Tools to pay 15% dividend
Kulkarni Power Tools Ltd. has informed BSE that the Board of Directors of the company in their meeting held on July 30, 2000 has recommended a 15% dividend on equity shares for the year ended March 31, 2000.

Cholamandalam Investment FY 2000 net at Rs 182.5 million
Cholamandalam Investment and Finance Company Ltd. has reported a net profit of Rs 182.5 million for the year ended June 30, 2000. Profit for the year ended June 30, 1999 was at Rs 182 million.

Bhagyanagar Metals to buyback shares at Rs 80
Bhagyanagar Metals Ltd has filed a draft offer document with SEBI for buyback of its equity shares. The company has adopted Tender Offer method and the offer will be lead managed by SBI Capital Markets.

HMT Q1 2000 net loss increases by 2.96%
HMT Ltd has reported net loss of Rs 709.1 million for the quarter ended June 30, 2000, as compared to Rs 688.7 million in the quarter ended June 30, 1999.

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