Jindal Drilling & Industries Ltd has issued following Press Release :
“Jindal Drilling & Industries Ltd (JDIL), Drilling arm of INR 3000 Crore D.P. Jindal Group is engaged in the business of Offshore Oil & Gas Drilling in India.
The Board has approved issuance of 1200000 No of New shares of Rs 10/- each to CitiGroup under preferential allotment route at a price of RS 1280/- per share, subject to the approval of Shareholders in the forthcoming EGM. This shall represent 10.47% of the post issued Equity Share Capital of the Company.
The total issue proceeds would be INR 153.60 Crores, which the Company proposes to use for General Corporate Purposes including present and future capex programme and for its ongoing and future business commitments / Plans.”
Posted on 15th December 2007
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Gayatri Starchkem Ltd has informed that the Board of Directors of the Company at its meeting held on October 31, 2007, inter alia, has approved the following:1. Allotted 1,45,68,990 (One Crore Forty Five Lakh Sixty Eight thousand Nine Hundred Ninty only) Equity Shares of Rs 10/- each to M/s. Fursa Mauritius, SPV1, Foreign Venture Capital Investor.2. Approved the change in the name of the Company to Gayatri BioOrganics Ltd subject to the approval of the members of the Company.3. Decided to convene an Extraordinary General Meeting of the Company on December 10, 2007 to seek the approval of the members to change the name of the Company to Gayatri BioOrganics Ltd.4. Approved the draft notice of the Extraordinary General Meeting.
Posted on 1st November 2007
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Buy at current market price Rs.438 for three month target of Rs.600.They are reported in batter excellent result in last quarter ended.
Today this company is provided best position so I am say stock and stock market price will be increased.
BSE - Ranbaxy Laboratories Ltd that the ESOPs Allotment Committee and the directors of this company will be held on July 12,2007
And has allotted 95,384 Equity Shares of stock conditions to under the Employees Stock Option Scheme .
read more this post
Posted on 1st October 2007
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Maruti Udyog Ltd Company nowadays has a new modern name Maruti Suzuki India Ltd. This new name was approved by the Registrar of both companies on September 17, 2007 and it will outcome from September 17,2007. Announced by Maruti Udyog Ltd.
Board of Directors of Companys had approved new name Maruti Suzuki India Ltd of Maruti Udyog Ltd in July, 2007 but it was necessary to approval by shareholders of companys. The Companys shareholders approved Companys new name at the Annual General meeting (AGM) held on September 06, 2007.
Maruti Udyog Ltd Company will be leading position as it was earlier with new name. Maruti Udyog Ltd Company is first in corporate brand name in India in fields of trust , customer care , recall and awareness. Generation of Indians has grown up with this name as well they trust highly companys services, products and its sales, services network all over the country.
Suzuki is at leading stage in the international corporate sector. Suzuki Motor Corporation is a top competitor in the international automobile market. The director of Suzuki in Japan has established itself as a complete car maker.
This international image of Companys name will help Maruti to expand its production, services and sales in international market. The Company will launch a new model to export in Europe in coming years. Maruti is also a leading Company in global automobile market.
Posted on 18th September 2007
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