Heritage Foods extends the closure of buyback offer to April 05, 2002

Heritage Foods India Ltd has in its board meeting held on March 29, 2002 decided to extend the closure of buyback offer to April 05, 2002 instead of March 28, 2002. Further members are requested to take a note that the Company shall be continuing with the buyback till April 05, 2002

Vinod G Bapna appointed as Company Secretary of BSEL Information Systems

BSEL Information Systems Ltd has informed BSE that Ms Neeta H Desai has resigned as a Company Secretary & in her place Mr Vinod G Bapna has been appointed as a Company Secretary.

Kaushik Majumder resigns from Company Secretaryship of SBI Home Finance

SBI Home Finance Ltd has informed BSE that at its Board meeting held on March 20, 2002 the Board has approved the release of Mr Kaushik Majumder, Assistant General Manager & Company Secretary w e f the close of business on March 30, 2002 who has since tendered his resignation from the services of the Company.

Raunaq Automotive appoints Additional Directors

Raunaq Automotive Components Ltd has informed BSE that Mr H S Kohli and Mr Ashok Agarwal have been appointed as Additional Directors w e f March 30, 2002.

Ambica Agarbathies & Aroma Board to consider issue of equity shares/warrants

Ambica Agarbathies & Aroma Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 11, 2002 to consider the conducting of the EGM of the members of the Company for the issue of equity shares/warrants.

Ambuja Cement announces change in management structure

Ambuja Cement Eastern Ltd has informed BSE that the following Directors have resigned from the Board and their resignations have been accepted by the Board at their meeting held on March 28, 2002: 1 Shri B L Taparia 2 Shri Pulkit N Sekhsaria 3 Shri S K Dewan Shri Suresh Kumar Neotia has been appointed as the Non-executive Chairman of the Board at their meeting held on March 28, 2002. Mr Sailesh Haribhakti and Mr Ajindra Kumar Puri have been appointed as Additional Directors by the Board at their meeting held on March 28, 2002 to hold office until the conclusion of the next AGM

Vivek Bharat Ram resigns from the Board of SRF Ltd

SRF Ltd has informed BSE that on the expiry of his tenure as M D on March 31, 2002, Shri Vivek Bharat Ram has resigned from the Board of Directors of the Company.

Compudyne Winfosystems to seek shareholders approval for allotment of Equity Shares on preferential basis

Compudyne Winfosystems Ltd has informed BSE that the EGM will be held on May 06, 2002 to consider the following: 1. Alteration of Articles 2. Allotment of Equity shares on preferential/private placement basis 3. Issue of warrants to promoters and their nominees 4. Delisting of shares from Madras Stock Exchange

JB Chemicals & Pharmaceuticals wins Reader's Digest award

JB Chemicals & Pharmaceuticals Ltd has informed BSE that the company has won Reader's Digest "Most Trusted European Brand 2002" award for "Doktor Mom" yet again. The success of Doktor Mom was recognised and confirmed in an independent Readership survey conducted by respected, popular International magazine Reader's Digest, when consumers across Russia voted Doktor Mom as the Most Trusted European Brand 2002, amongst cold and cough remedies segment. Doktar Mom is considered as one of the very few mega brands created in Russia after the break up of Erstwhile Soviet Union. In another milestone achievement, JBCPL has bagged CHEMEXCIL "First Award" for pharmaceuticals under the category of Large Scale Manufacturers for outstanding Export Performance for the year 2000-01

BASF India FY-02 results by June 30, 2002

BASF India Ltd has informed BSE that the Company will be publishing its audited financial results for the year ended March 31, 2002 within a period of 3 months from the end of the last quarter of the financial year 2001-2002 ie on or before June 30, 2002.

HFCL to seek shareholders approval for extension of validity period in connection with raising of funds through International Offerings

A meeting of the Board of Directors of Himachal Futuristic Communications Ltd (HFCL) is scheduled to be held on April 11, 2002 to fix the date of an Extra Ordinary General Meeting to be held to seek shareholders approval for extension of the validity period of the resolutions with necessary, modifications wherever required, already approved by the Shareholders at the Annual General Meeting held on December 31, 2001 in connection with the raising of funds through International Offerings of Securities/Private Placement of Equity Shares and/or issue of warrants to promoters and their associates.

Blue Star Infotech wins $9 million application outsourcing order

Blue Star Infotech Ltd (BSIL) a global provider of software solutions and consultancy, announced the signing of a multi-year, $9 million Application Outsourcing contract with Micro Warehouse, a global leader in the provision of computer solutions. As per this deal, BSIL has entered into an initial 5 year relationship with Micro Warehouse's European HQ in UK wherein their entire Application development and maintenance requirements will be outsourced to BSIL. BSIL will be supporting the PAN European software requirements of Micro Warehouse for their operations in United Kingdom, France, Germany, Netherlands and Austria. Application portfolio at Micro warehouse includes legacy applications on HP 3000 and e-business solutions based on Microsoft platforms. BSIL will also be Micro warehouse's preferred partner for all additional software requirements. BSIL is also providing Business Process Re-engineering consultancy services to help Microware house to enhance overall productivity. Speaking on the contract Mr Pramod Bhalla, MD, Blue Star Infotech Ltd, said, " Micro Warehouse found an ideal partner in BSIL who will not only be able to provide them with the full range of IT support but will also help them re-engineer their business processes. This contract was awarded to BSIL in face of stiff competition on the merit of the depth and range of services that it provides specifically on the HP 3000 platforms.".

Hughes Software Systems announces the launch of its SIP Server Framework at VON Spring 2002

Hughes Software Systems (HSS) specialists in convergent solutions, and a leading supplier of SIP Technology solutions today (April 3, 2002) announced the launch of its SIP Server Framework at VON Spring being held at Seattle WA. Targeted at carrier, 3G and enterprise networks, the HSS SIP Server is a "ready to run" Proxy, Registrar, Redirect and Lookup server. Its superior architectural flexibility makes it an ideal fit for core routers, 3G Call servers and other SIP based network elements. In addition, if offers a rich set of reusable components which can be combined in a plug and play fashion to implement new and exciting SIP based Application Servers including services based on Back to Back User Agent models, Presence and more.

Hinduja TMT FY-02 results on April 11, 2002

A meeting of the Board of Directors of Hinduja TMT Ltd is scheduled to be held on April 11, 2002 to take on record the Unaudited (Provisional) Financial Results for the year ended on March 31, 2002.

Shri Basudeo Kanoria resigns from Board of Bengal Tea & Fabrics

Bengal Tea & Fabrics Ltd has informed BSE that Shri Basudeo Kanoria, Managing Director of the Company has resigned from the Board of Directors with effect from April 01, 2002.

Sonata Software FY-02 results on April 12, 2002

Sonata Software Ltd has informed BSE that the meeting of the Board of Directors of the Company will be held on April 12, 2002 to consider the audited results for the quarter and financial year ended March 31, 2002 and recommendation of final dividend for the year 2001-02.

Jain Irrigation Systems announces change in management structure

Jain Irrigation Systems Ltd has informed BSE that with effect from March 30, 2002 the Board of Directors have accepted the resignations of Shri A S Ajgaonkar, Director-Corporate Affairs & Shri J J Kulkarni Director-Product Development as Director(s) of Company. The Board has also decided to keep casual vacancies created, vacant for the time being. Dr P V Sane has also expressed his inability to attend the meetings for a period of 6 months as he is travelling out of India from April 3, 2002. He therefore has appointed Shri A S Ajgaonkar as an alternate to him to vote and to attend meetings of Board etc in the next 6 months.

Thiru V K Jeyakodi appointed as Director of Tamilnadu Petroproducts

Tamilnadu Petroproducts Ltd has informed BSE that the Board of Directors at their meeting held on March 14, 2002 co-opted Thiru V K Jeyakodi, IAS as Director representing TIDCO in place of Thiru Hemant Kumar Sinha, IAS.

Pradip Dubhashi & Sandeep Ghate appointed as Additional Directors of Vintage Card & Creations

Vintage Cards & Creations Ltd has informed BSE that with effect from March 28, 2002 Mr Pradip Dubhashi and Mr Sandeep Ghate are appointed as Additional Directors on the Board of Directors of the Company.

UTI Bank FY 02 results on May 02, 2002

A meeting of the Board of Directors of UTI Bank Ltd is scheduled to be held on May 02, 2002 to consider and take on record the Audited Annual Results of the Bank for the year ended March 31, 2002. The Board will also consider declaration of dividend for the financial year 2001-02, if any at the aforesaid meeting.

Abirami Financial Services appoints Additional Directors

Abirami Financial Services India Ltd has informed BSE that it has coopted Mr P Sankaran and Mr R Varadarajan as Additional Directors of the Company.

J K Udaipur stops operation at its Cement Plant

J K Udaipur Udyog Ltd has informed BSE that on March 25/26, 2002 night the Raw Mill, which grinds limestone developed serious mechanical problems. The Raw Mill being very critical equipment had to be stopped immediately. Consequently operation of the rest of the equipments at the Company's Cement Plant was affected and hence stopped in phases between March 26, 2002 and April 01, 2002.

Syndicate Bank announces change in management structure

Syndicate Bank has informed BSE that Mr P J Vincent, Joint Secretary and F A, Department of Expenditure, Ministry of Finance, New Delhi has been appointed on the Board of Directors of the Bank and he has assumed office effective from March 20, 2002 in place of Mr N N Rayalu.

Artson Engineering announces change in management structure

Artson Engineering Ltd has informed BSE that at the meeting of the Directors of the Company, the following change has been made in composition of the Board of Directors of the Company: 1. Mr P S Chopde has resigned as executive chairman of the company. He continues as Director on the Board of Directors of the Company. 2. Mr C V Kadvekar has resigned as managing director of the company. He has been unanimously appointed as wholetime director for a term of five years w e f March 01, 2002. 3. Mr N K Jagasia has been unanimously appointed as chairman and MD of the company for a term of five years w e f March 01, 2002.

Bharat Earth announces change in management structure

Bharat Earth Movers Ltd has informed BSE that the Government of India has appointed Mr P Majumdar as Director (Finance) on the Board of the Company in place of Mr J B Dilwale, who relinquished charge upon superannuation on March 31, 2002. Further Mr Romesh Kumar Director of the Company has tendered his resignation from the Directorship on the Board and accordingly he ceased to be a Director on the Board.

SPIC announces change in management structure

Southern Petrochemical Industries Corporation Ltd has informed BSE that w e f April 01, 2002 Thiru Babu K Verghese, Deputy Managing Director, is elevated as M D of the Company in place of Dr P R Sundaravadivelu who consequent to his retirement on March 31, 2002 has laid down the Office as Vice Chairman (M D)/Director of the Company.

GlaxoSmithKline completes VRS programme at its Worli Factory

GlaxoSmithKline Pharmaceuticals Ltd has informed BSE that the last of the employees who took voluntary retirement have been released from the close of the business hours on March 31, 2002. Earlier the Company on October 10, 2001 had informed that it has accepted applications for Voluntary Retirement from 622 employees at its Worli factory

Bata India fixes Book closure date for the purpose of AGM

Bata India Ltd has fixed June 04, 2002 to June 28, 2002 (both days inclusive) as Book closure date for the purpose of Annual General Meeting to be held on June 28, 2002.

Indian Overseas Bank announces change in management structure

Indian Overseas Bank has informed BSE that the Government of India has nominated Smt. Usha Mathur, Joint Secretary, Department of Expenditure, Ministry of Finance, Government of India, New Delhi in place of Shri Ram Mohan as Government Director in the Board with effect from March 20, 2002.

ICICI clarifies on news item

With reference to the news article appearing in a leading financial daily titled " ICICI to sell 62% in IT arm to venture fund" ICICI Ltd has informed BSE that it has divested 39.04 million equity shares of ICICI Infotech Services Ltd (ICICI Infotech), representing 63.8% of its paid up equity capital, to two venture capital funds managed by ICICI Venture Funds Management Company Ltd. ICICI continues to hold 18.29 million equity shares of ICICI Infotech, representing 29.9% of its paid up equity capital. The Company has further informed that ICICI Infotech is not a listed Company and investment in ICICI Infotech does not constitute a significant proportion of ICICI's assets.

Lalit Gupta appointed as Additional Director of Motor & General Finance

Motor & General Finance Ltd has informed BSE that Shri Lalit Gupta's term as Whole Time Director expired on March 31, 2002. In the meeting of the Board of Directors of the Company held on April 1, 2002, the Board has appointed Shri Lalit Gupta as an Additional Director of the Company w e f April 1, 2002 to hold office until the conclusion of the next AGM

Hyderabad High Court directs IDL Industries to seek members approval for scheme of amalgamation

IDL Industries Ltd has informed BSE that the Hon'ble High Court at Hyderabad has directed company to hold a General Meeting of shareholders on April 20, 2002 for getting their approval for scheme of amalgamation of Gulf Oil India Ltd with the company.

Subex Systems to deploy Ranger™ FMS in BPL Mobile, India

Subex Systems Ltd, a Bangalore-based telecom software company announced that it has won a contract from BPL Mobile, India to deploy its Fraud Management System, Ranger™. Ranger™ will be deployed in all BPL Mobile networks. Ranger™ FMS is part of Subex's revenue maximization suite of products and services, RevMax™. Ranger™ helps operators to curb fraud through the use of innovative subscriber profiling techniques and advanced analytical capabilities. Ranger™ is also capable of addressing fraud in emerging areas like GPRS and 3G technologies. The RevMax™ suite maximizes revenue and profits through assuring earned revenue, enhancement of revenue and cost optimization. Global telecom studies have revealed that telecom operators lose as much as 10% through revenue leakage and about 40% in terms of churn leading to substantial loss of revenue and profits and additional cost of acquisition and retention of subscribers. Other products in the RevMax™ suite include the Electronic Business Support System, eProficio™ and the billing verification system, Incharge™. RevMax™ helps operators tackle these challenges along with issues likely poorly designed products and services, order entry errors, network errors that prevent creation of billing records, incomplete bills, inter-carrier billing issues among others. The suite addresses vital areas like fraud, Inter carrier billing, Churn, Subscriber billing, Customer support, collection management, provisioning and order entry through its products. Commenting on the announcement, F B Cardoso, President & Chief Executive Officer, BPL Mobile said, "With the tremendous surge in subscriber numbers in our circles during the last few years, the need for systems which can enable us to manage our huge database efficiently has become imperative. Subex's Ranger™ Fraud Management System will not only help us with our current subscriber base, in postpaid as well as prepaid, but also in anticipating a prospective subscriber who is likely to demonstrate fraudulent behavior. We therefore expect our current business processes to become more optimized, delivering greater efficiency as well as profitability."

SBI FY-02 results by June 30, 2002

State Bank of India has informed BSE that the audited working results of the Bank for the year ended March 31, 2002 will be published within a period of 3 months (June 30, 2002) of the close of the accounting year. Accordingly the unaudited results for the quarter ended March 31, 2002 will not be published

Aspi Mody appointed as Company Secretary of Castrol India

Castrol India Ltd has informed BSE that Aspi H Mody has been appointed as company secretary of the company from April 1, 2002.

Trading to be suspended in 6 companies from April 8, 2002

BSE has informed the members of the exchange that the following companies have made preferential issue of shares to promoters/friends/associates and bodies corporate. However, the companies have failed to comply with the various documentary requirements for listing of these securities on the Exchange. As they have failed to furnish the said information despite reminders and show cause notices, the Exchange has decided to suspend trading in the securities of the said companies with effect from April 08, 2002, until further notice. Sr.No. Name of the company Scrip Code 1) TPI India Ltd. 500421 2) Gujarat Telephone Cables Ltd. 500175 3) Vishwas Steels Ltd. 513573 4) Sujana Industries Ltd. 517224 5) Timex Watches Ltd. 500414 6) ICES Softwares Ltd. 517502

ACC Mar 02 Cement despatches up by 23.35%, 12-months despatches up by 16.85%

Associated Cement Companies Ltd has informed BSE that the production and despatches for March 2002 are as follows: Cement production 1.287 million tonnes Cement despatches 1.273 million tonnes Corresponding production and despatches for March 2001 are as follows: Cement production 1.009 million tonnes Cement despatches 1.032 million tonnes Cumulative production and despatches from April 2001 to March 2002 are Cement production 12.275 million tonnes Cement despatches 12.288 million tonnes Cumulative production and despatches for April 2000 to March 2001 are Cement production 10.528 million tonnes Cement despatches 10.516 million tonnes

BSE imposes special margin on Automotive Axles

BSE has informed the members of the exchange that special margin of 25% has been imposed on Automotive Axles Ltd with effect from Tuesday. Special margins will be imposed on the basis of memberwise gross purchase or sale position (Clientwise net).

BSE announces change in BSE - 200 & BSE - 500 Index

BSE has informed the members of the exchange that ITC Bhadrachalam Paperboards Ltd. would be under 'No Dealings' from April 8, 2002 pursuant to amalgamation of company with ITC Ltd.The following replacement would be made in BSE-200 and BSE-500 index. BSE-200 Index Code Outgoing 500340 ITC Bhadrachalam Paperboards Ltd. Code Incoming 526612 Blue Dart Express Ltd. BSE-500 Index Code Outgoing 500340 ITC Bhadrachalam Paperboards Ltd. Code Incoming 532144 Welspun Gujarat Stahl Rohren Ltd.