Finolex Industries to issue shares under ESOS

The Board of Directors of Finolex Industries Ltd at its meeting held today (April 3, 2001) has decided to issue, offer for subscription and allot in the first tranche 5,00,000 equity shares of Rs 10 each at par value to "Finolex Industries Ltd - Employees Welfare Trust", pursuant to the resolution passed by the members of the Company at its Extra-Ordinary General Meeting also held today (April 3, 2001) to introduce employees stock option scheme within the Company. The transfer Committee has been delegated to allot the shares.

HCL Infosystems Q3 result on April 18, 2001

A meeting of the Board of Directors of HCL Infosystems Ltd is scheduled to be held on April 18, 2001 to consider and take on record the Unaudited Financial results of the Company for the three months ended March 31, 2001

HDFC Bank fixes Book Closure

HDFC Bank Ltd has informed BSE that the Register of Members and the Share Transfer Books of the Bank will remain closed from May 05, 2001 to June 01, 2001 (both days inclusive) for the purpose of Annual General Meeting of the Bank for facilitating payment of Dividend, if any, that may be recommended by the Board of Directors in due course.

Hind Lever Chemicals fixes book Closure

Hind Lever Chemicals Ltd has informed BSE that the Annual General Meeting of the Company will be held on June 08, 2001. The Company has also proposed to have a Book Closure from May 16, 2001 to May 31, 2001 (both days inclusive).

Palace Heights Hotels Board to consider preferential allotment

Palace Heights Hotels Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on April 07, 2001 to consider the proposal to allot shares on preferential basis to the following institutions/Companies: Name of the acquirer New allotment Present Holding % on Enh.Capital Parvath Investments (P)Ltd 624000 360180 5.51 Parvath Reddy Investments (P) Ltd 1006000 440000 8.09 P H Financial Services Ltd 1341000 33880 7.09 Indutstrial Dev.Bank of India (IDBI) 1700000 - 9.51 Life Insurance Corporation of India 1500000 - 8.40 Others 29000 - 0.16 The Company has also informed that the Company's present paid up capital is 11660000 shares and after the proposed allotment the paid up capital would be 17860000 shares.

Namaste Exports Director resigns

Namaste Exports Ltd, in a communication to the BSE has stated that Mr. K.Vinod Bhat, Director has resigned from the Directorship of the Company with effect from March 20, 2001.

Namaste Exports Director resigns

Namaste Exports Ltd, in a communication to the BSE has stated that Mr. K.Vinod Bhat, Director has resigned from the Directorship of the Company with effect from March 20, 2001.

Siemens Components Division ceases to exist

Siemens Ltd has informed BSE that the Components Division, one of the ten Business Divisions of the Company has ceased to exist with effect from April 01, 2001. This is after various Agency and Distributorship Agreements being terminated by the concerned business partners with effect from the same date ie April 01, 2001. The Components Division was engaged in the marketing and selling of the Components in terms of understandings reached through various Agency and Distributorship agreements with the respective business partners. For the last financial year ended September 30, 2000, the Company posted a total Sales of Rs 10833 million and profit before tax of Rs 946 million and therein the Components Division had posted a Sales of Rs 377 million and profit before tax of Rs 44 million. This transaction is not expected to have a substantial impact on the Company's future performance/prospects.

Tata Power appoints Additional Director

Tata Power Co. Ltd has informed BSE that Dr. H S Vachha has been appointed as an Additional Director of the Company with effect from March 30, 2001. The Company has also informed that Mr H.N.Sethna has resigned from the Board of the Company with effect from March 29, 2001.

Lupharma UK Holding holds 51% stake in Knoll Pharma

Knoll Pharmaceuticals Ltd has informed BSE that Lupharma UK Holdings One Ltd holds 82,62,000 equity shares of the nominal value of Rs 10 each, representing 51% of the total shareholding/voting rights of the Company on March 31, 2001.

Engineers India Q4 results on April 25, 2001

A meeting of the Board of Directors of Engineers India Ltd is scheduled to be held on April 25, 2001 to consider and take on record the Un-Audited Financial Results of the Company for the fourth quarter ended March 31, 2001.

Andhra Bank to be listed on BSE from April 04, 2001

BSE has informed members of the exchange that securities of Andhra Bank will be admitted to dealings on the exchange in the list of Non-Specified Securities under Group B1 with effect from April 04, 2001.

Castrol India's Hosakote plant shut down

Castrol India Ltd has informed BSE that the Company's Hosakote plant has been closed with effect from April 02, 2001. This follows the Company's decision to phase out the manufacturing activities at the plant and offer a voluntary retirement scheme which has been opted by the workmen. This decision has been taken because manufacturing facilities at the said plant have been found to be commercially unviable with the passage of time mainly due to the landlocked location of the plant which has resulted in a high cost of transportation of base oil from Chennai to Mumbai as well as the entry tax which the Company had to bear for raw material used at this plant. The Company has still to decide its future plans for its plant, machinery and land which it owns at this site.

Raymond FY 2000-01 results on April 23, 2001

A meeting of the Board of Directors of Raymond Ltd has been convened to be held on April 23, 2001 to consider and approve the Audited Accounts of the Company for the year ended March 31, 2001 and recommendation of Dividend, if any.

Ketan Parekh resigns as Director of Triumph Int. Finance

Triumph International Finance India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 31, 2001 has noted and accepted the resignation letters of Mr. Ketan Parekh and Mr. Kartik Parekh, Directors of the Company. Thus, the aforesaid persons are not on the Board of the Company with effect from March 31, 2001.

Moonstar Investments Board approves scheme of amalgamation

Moonstar Investments Ltd has informed BSE that the Board of Directors of the Company has approved, subject to necessary approvals, scheme of amalgamation of Medine Equipment & Computer Systems (I) Ltd. (MECL).with the company. One equity share of the company will be allotted for every one equity share of MECL held.

Raigarh Paper & Board Mills Chaple factory closed

Raigarh Paper & Board Mills Ltd.has informed BSE that the production of its factory at village Chaple.Dist.Raigar, Chattisgarh, has been closed from January 24, 2001 due to acute shortage of water.

Godrej Soaps changes name to Godrej Industries, inducts 3 new Directors

Godrej Soaps Ltd (GSL) has informed BSE that The Registrar of Companies, Maharashtra, Mumbai has issued fresh Certificate of Incorporation dated April 02, 2001 approving change of name of the company from Godrej Soaps Ltd. to Godrej Industries Ltd.(GIL) This comes after the completion of demerger of the Company on April 01, 2001. The business which will remain with the Company will include Chemicals, Medical Diagnostics and Investments in Associate Companies. The Board of Directors of the Company has inducted three of its senior Management personnel viz. Kersi K Dastur, Executive Director (Finance), Chandrashekhar K. Vaidya, Executive Director (Corporate Personnel) and Mathew Eipe, Executive Director & President (Chemicals) as Additional Directors w.e.f 1st April ,2001 to hold the office till the conclusion of the next Annual General Meeting in whole time capacity. A B Godrej who was the Chairman & Whole-time Director of the Company will continue as Chairman and Non-whole-time Director with effect from April 01,2001. He has been appointed as Chairman & Managing Director in Godrej Consumer Products Ltd (GCPL) with effect from April 01, 2001. N B Godrej continues to be the Managing Director of the Company. The Board of Directors of the Company with effect from 1st April ,2001 is as follows:- A B Godrej (Chairman), J N Godrej, N B Godrej (Managing Director), K N Naoroji, V M Crishna, T A Dubash (Director, Marketing), S A Ahmadullah, N C Gawankar, V N Gogate, K K Dastur, (Executive Director, Finance), C K Vaidya, (Executive Director, Corporate Personnel), M Eipe (Executive Director & President, Chemicals). The Company has fixed May 3, 2001 as the Record Date for ascertaining the names of the shareholders who will be entitled to equity shares of the face value of Rs 6 and Rs 4 in GIL and GCPL respectively, in lieu of the equity shares of the face value of Rs 10 in GSL.

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