corporate notices

[divyag]

Pidlite industries, Shree renuka & Chembond chemicals have declared bonus share in the ratio of 1:1 during the year. Nestle, Atlas copco india & Vesuvius india have declared final dividend.

[divyag]

Cadila healthcare, Poly medicare and Castrol india are issued bonus share in the ratio of 1:1 to the equity shareholders. In the time of announcing bonus buying pressure will be vey high, then rate increases.  At the time of issuing bonus share rate decreases. Sulzer india ltd declared final dividend in the percentage of 150, then Rs 15 gets per equity share. Bld ltd and Accel frontline also declared interim dividend in the percentage of 20 and 15.

[divyag]

Persistent Systems Ltd. is India’s leading outsourced product development (OPD) service and support providing end-to-end solutions across the full product life cycle. Existing shareholders include industry big-wigs like HP, Intel, Norwest and Gabriel. IPO issue details are :-

Issue Opens on:            March 17, 2010
Issue Closes on:            March 19, 2010
Bid Lot:                        20 Equity Shares
Price Band:                   Rs.290 to Rs.310
No. of Shares:               5,419,706 Shares
Issue size:                    Rs.157 – 168 cr
 

[divyag]

Bharat Electronics Ltd(bel) is a public sector company in electronics field. Face value is Rs 10, current market price 2219.50. Nse code - BELEQ. Chambal Fertilizers and Chemicals Ltd is a Birlas(kk) group company. Face value Rs 10, last traded price 61.10. Sesa Goa Ltd is a mining & mineral company. MNC associate - face value Rs 1, price 452.20.

[divyag]

Today's top gaining sectors are Telecommunications and Pharmaceuticals percentage change 1.22 & 1.02. In Tele communications, gainers are Siemens 2.79, airtel 2.27, Idea 2.08, and honeywell autom 2.38 respectively. In Pharmaceuticals - Novartis india 5.39, shilpa 4.98, tonira pharma 3.87 and arcolab 2.14 etc.

[divyag]

Trading Members of the Exchange are hereby informed that effective from Tuesday, April 06, 2010; the equity shares of Persistent Systems Limited shall be listed and admitted to dealings on the Exchange in the list of   ‘B’ Group of Securities:
           
Name of the company               SecuritiesMarket Lot                                   Scrip Code
Persistent Systems Limited          40000000 equity shares of Rs. 10/-                533179
                                                             each fully paid up
Registered Office:
 
Bhageerath, 402,
Senapati Bapat Road,
Pune 411 016, Maharashtra, India.
 
Tel: (91 20) 3024 2000;
Fax: (91 20) 2565 7888
 
Email ID for Investor Grievance: investors@persistent.co.in
 
Website: www.persistentsys.com 

Scrip ID on BOLT System          PERSISTENT               
ISIN No.                                INE262H01013

Issue Price:
Rs. 310/- per share
(Face Value of Rs.10/- and premium of Rs. 300/-)         Date of Allotment in the public issue: March  30, 2010




 

[divyag]

Company name changed :-
    New comp name                                                          Old comp name

Gujarat Natural Resources Ltd                                        Lesha Energy Resources ltd
Healica Biosciences Ltd                                                  Raynolds Software Solutions Ltd
IVRCL Assets & Holdings Ltd                                          IVR Prime Urban Developers Ltd
HLL Lifecare Ltd                                                           Hindustan Latex Ltd

[divyag]

Some companies announced final dividend for April 7, friday :-

ABC Bearings Ltd                   45 %
Aditya Birla Nuva Ltd               50 
Bank of India                        70
Camlin Fine Chemicals Ltd        20
Hyderabad Industries Ltd        100

[divyag]

Some liquid scrips are :-

Shalimar paints ltd, Khaithan india ltd, Honda siel power products ltd, Krishna engineering works ltd, Zodiac clothing company ltd etc.

[divyag]

We have updated Corporate Action of following scrip against stock lying in HO Beneficiary on Record / Book Closure

Security Name                Booktype         Vallan
     
J K Synthetics   
Reduction of Capital         Corp Action       1011044
                                                         

[divyag]

Some stocks announced Right issue :-  details are

Company Name         Announcement Date      Instrument Name        Ratio Exist       Ratio Offer   RightsPremium

Gujarat Terce Lab               29 june                Equity Share                  3                      2                    5
Atul Auto Ltd.                     25                               "                         4                      1                    20
Arman Financial Services       17                                                         5                       6                    5
Trent Ltd.                          14                                                         9                       4                    540
 

[divyag]

Bonus Issue

Company Name     Rattio
 Bajaj Auto             1:1
 TVS Motors            "