Indiabulls Real Estate - Acquisition of 100% ordinary shares of Dev Property Development Plc. by Indiabulls Real Estate Ltd

Indiabulls Real Estate Ltd has announced that in continuation of the intimation sent by the Indiabulls Real Estate Ltd (”Company”) on February 28, 2008 in relation to the proposed investment and / or purchase of up to 100% of the ordinary shares in Dev Property Development Plc. (”DPD Shares”) an Isle of Man registered Company listed on the London Stock Exchange’s AIM (”DPD”), by issuance of new ordinary shares Continue reading this post…

3i Infotech Acquired 26% stake in Locuz Enterprise Solutions Ltd (Locuz)
3i Infotech Ltd has announced that the Company has acquired a strategic stake of 26% in M/s. Locuz Enterprise Solutions Ltd (Locuz) with a commitment to acquire remaining stake over a period. Continue reading this post…

Aishwarya Telecom IPO gray market price

Aishwarya Telecom Gray market price: Rs 45 - Rs50 But if too much short position buildup on listing day then Aishwarya Telecom may cross Rs 55.

Aishwarya Telecom entered the capital markets Continue reading this post…

Gokul Refoils and Solvent IPO |Gokul Refoils and Solvent IPO Details
Gokul Refoils and Solvent is coming out with Initial Public Offering (IPO) of 71,58,392 equity shares of Rs10 each at a price band Rs175-195.

IPO price band :Rs175-Rs195 per share
IPO Dates: open on May 8, 2008 and will close on May 13, 2008.
Listing: In 20 days from date of IPO closing

The issue consists of 75,000 equity shares for the employees and a net issue of 70,83,392 equiy shares to the public.This issue stood at 27.14% of the fully diluted post issue paid up capital of he company.

The qualified institutional buyers shall be allocated 50% of the issue and out of this 5% for retail investors, 15% to non institutional and 35% to retail investors.

Reliance Power clarifies eligibility criterion for Shareholders to receive Bonus Shares
Reliance Power Ltd, on May 05, 2008, clarified and reiterated the eligibility criterion for shareholders entitled to receive the Bonus shares to be issued by the Company.

Reliance Power, the company with the worlds largest family of shareholders of 4.2 million, has made Continue reading this post…

PTC India Board recommends dividend
PTC India Ltd has announced that the Board of Directors of the Company at its meeting held on May 03, 2008, inter alia, has recommended a dividend @ 10% on 22,74,19,000 fully paid up Equity Shares Continue reading this post…

Dr Reddys - Allotment of equity shares & ADRs to Employees on exercise of ESOP
Dr Reddys Laboratories Ltd has announced that pursuant to Dr. Reddy’s Employees Stock Option Scheme, 2002, the Compensation Committee of the Company has allotted 2,870 equity shares of Rs 5 each of the Company on May 03, 2008, to Employees who have exercised their Stock Options. Continue reading this post…

Ram Informatics receives order for Election Photo Identity Cards
Ram Informatics Ltd has announced that the Company has received an order from Chief Electoral Officer, Government of Andhra Pradesh for Election Photo Identity Cards for the district of Srikakulam. Continue reading this post…

Parsvnath Developers - First Luxury Mall in Luteyen’s Delhi
Parsvnath Developers Ltd has announced with respect to acquisition of a plot of land situated at 27, Kasturba Gandhi Marg, New Delhi- 110001 through its recently formed subsidiary viz. Primetime Realtors Pvt. Ltd. for developing a luxury Mall. Continue reading this post…

Reliance Power acquires Coal Mines in Indonesia
Reliance Power Ltd has announced that Reliance Coal Resources Pvt Ltd, a wholly owned subsidiary of Reliance Power Ltd has entered into a definitive agreement to acquire 100 per cent Continue reading this post…