HCL Technologies allots 1,68,232 shares under ESOP

HCL Technologies Ltd has informed BSE that the Employees Stock Option Allotment Committee of the Company has on August 12, 2002 allotted 1,68,232 shares of Rs 2 each (at premium of Rs 125.50 per share) to the employees on exercise of their stock options under the 1999 Employee Stock Option Plan.

RoltaTel offer savings of up to 75% on international calls

Rolta India Ltd has informed BSE that the Company is launching on August 15, RoltaTel - a complete Internet Telephony solution that combines premium dedicated Internet Bankwidth & International calling facilities to ensure that users get voice grade connectivity. RoltaTel offers hassle-free, voice-quality Internet-based International calls with up to 75% savings. The RoltaTel services are designed to deliver near toll-quality conversation througb dedicated internet bandwidth on priority allocation. This is ensured through a state-of-the-art Internet Data Center, using fiber-optic based premier dedicated Internet bandwidth resulting in low jitter and minimal disruption. Thereby allowing users to enjoy high-quality voice-grade communication services, over the Internet. A prepaid RoltaTel Internet Telephony Card is priced at Rs 500/- which includes Net call time, dedicated Internet access and service tax. RoltaTel cards are easily available through Rolta's widespread Dealer & Distributor outlets in Mumbai or online through Rolta's widespread Dealer & Distributor outlets in Mumbai or online at www.roltatel.com by using the friendly cash-on-delivery option.

Infosys Technologies Assessed at Level 5 of PCMM

Infosys Technologies Ltd on Monday announced that it has been assessed at Level 5 on the PCMM model by KPMG Consulting, becoming the first company in the world to be assessed at the Optimising level on the updated version 2.0 of the model. The assessment has been carried out at the Infosys Development Centre in Pune, which employes 1393 Infoscions - the largest centre outside of the Company's headquarters in Bangalore. The PCMM model, developed by the Software Engineering Institute, has five levels of maturity and twenty two Key Performance Area (KPAs), across these five levels. The model helps software organisations increase their ability to attract, develop, motivate, organise and retain the talent needed to continuously improve their software development capabilities. It also helps to develop and promote a culture of excellence amongst its people. The PCMM assessment marks another milestone in the Company's successful track record of Level 5 assessments, on software CMM and more recently, the CMM integrated. "Infosys has always believed that people are its greatest assets. We have been widely recognised for our HR practices and have been rated the Best Employer in India by several studies. The fact that we have been able to go in for a final assessment in Pune with aggressive timelines vindicates the robustness of our HR process. PCMM is an integral part of our efforts to provide uniform levels of people capability across global locations," said Hema Ravichandar, Senior Vice President and Head HRD.

VSNL clarifies on news item

With reference to a news item appearing in a leading financial daily titled "VSNL Board to meet on August 20 on Tata Tele" Videsh Sanchar Nigam Ltd has informed BSE that the Board has decided to meet for a short time on August 20, 2002 the day of the AGM, primarily to discuss procedural matters relating to AGM. The company has further informed that it has not issued any press release on this subject.

Saint Gobain Sekurit Board to consider rights issue

Saint Gobain Sekurit India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be convened on August 20, 2002 to consider the following business: Increase the authorised share capital of the Company Rights issue of shares of the Company & matters incident thereto

Apollo Tyres fixes Book Closure Date for dividend

Apollo Tyres Ltd has announced the closure of Register of Members from September 02, 2002 to September 19, 2002. The date from which dividend is payable is September 19, 2002. The Company has further informed that the AGM will be held on September 19, 2002.

Vakrangee Softwares bags contract from ECI, Maharashtra Division

Vakrangee Softwares Ltd has informed BSE that the Company has bagged on Monday an order for Data Base Administration of Electoral Rolls 2002 for the whole Maharashtra state from the election Commission of India, Maharashtra division. The Company is well known for its expertise and domain knowledge of completing such time bound mission critical jobs and has bagged this contract on its inherent strength. The execution of the contract shall involve handling the data management of massive and sensitive data involving more than sixty million data and the Company shall complete this massive job by the mid November this year.

GlaxoSmithkline Pharma to sell its stake in Meghdoot Chemicals to Maneesh Pharma

GlaxoSmithkline Pharmaceuticals Ltd has informed BSE that the Company has entered into a Memorandum of Understanding dated August 12, 2002 pursuant to which the Company has agreed to sell its entire shareholding (including the shares held by its nominees) in Meghdoot Chemicals Ltd (MCL) together with its right, title and interest for the manufacturing business of MCL to Maneesh Pharmaceuticals Pvt. Ltd. The sale will be effective after the Company Petitions filed by the Company and MCL for the demerger of the marketing activity of MCL into the Company are approved by the Bombay High Court.

Tulip Star Hotels Board approves proposal to hive off full-fledged money changers business

Tulip Star Hotels Ltd has informed BSE that at the meeting of the Board of Directors held on August 09, 2002 the Board of Directors have amongst other matters decided on the following matters:- The Board of Directors has constituted a Committee of Directors to decide on the skipping of dividend or recommending dividend for the financial year 2001-02. Subject to the approval of the shareholders and other requisite permissions and approvals the Directors have approved in-principle the proposal to hive off the business of full fledged money changers as a going concern for which the proposal will be placed before the shareholders at the fifteenth AGM. The decision to hive off the money changing business has been taken with a view to focus on the core business activity of the Company ie operation and management of hotels, resorts etc.

Punjab National Bank Board decides for closure of PNB Capital Services

Punjab National Bank has informed BSE that the Board of Directors of the Bank has decided for closure of PNB Capital Services Ltd a wholly owned subsidiary of the Bank. The necessary formalities for closure of PNB Capital Services shall be completed in a time bound manner.

BPL fixes book closure date for AGM

BPL Ltd has fixed Book Closure Date from September 24, 2002 to September 30, 2002 (both days inclusive) for AGM.

IOCL fixes Book Closure Date for dividend

Indian Oil Corporation Ltd has informed BSE that Register of Members and Shares Transfer Books of the Corporation will remain closed from September 17, 2002 to September 30, 2002 (both days inclusive) for the purpose of taking on record eligible shareholders for payment of dividend as may be approved by the members at the AGM of the Corporation to be held on September 30, 2002. Dividend if approved at the AGM will be paid to those eligible members whose names appear in the Register of Members and as per Beneficial Owners position of NSDL/CDSL as on September 17, 2002.

Robert Thomas reappointed as MD of Gujarat Gas Company

Gujarat Gas Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 25, 2002 has subject to such approvals as may be necessary under various statutes; including approval of the shareholders at the next general meeting of the Company, reappointed Mr Robert Thomas as the Managing Director for a further period of one year starting from September 29, 2002.

Automobile Corporation of Goa Board to consider allotment of NCPS to promoters

Automobile Corporation of Goa Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 14, 2002 to consider allotment of 9,00,000 - 11.5% Cumulative Redeemable Non-convertible Preference Shares of Rs 100/- each to the promoters - EDC Ltd and Tata Engineering & Locomotive Co. Ltd

Sai Info Board reschedules Board Meeting for buyback

Sai Info Services Ltd has informed BSE that the meeting of the Board of Directors of the Company scheduled to be held on August 16, 2002 to consider inter alia the proposal of buy back of securities stand postponed to August 19, 2002.

Ranbaxy board approves payment of interim dividend

Ranbaxy Laboratories Ltd has informed BSE that the Board of Directors at its meeting held on Monday has approved payment of Interim Dividend @ Rs 5.00 per share for the year 2002. Earlier the Company had informed that August 20, 2002 has been fixed as the Record date for determination of entitlement of interim dividend for the year 2002.

McDowell & Co fixes Book Closure Date for AGM

McDowell & Company Ltd has informed BSE that the Register of Members and Shares Transfer Books of the Company will remain closed from September 17, 2002 to September 27, 2002 (both days inclusive) in connection with the forthcoming third AGM of the Company and payment of dividend if any for the year ended March 31, 2002 if declared and authorised at the third AGM of the Company, to the shareholders whose names appear: As beneficial owners as at the close of business hours on September 16, 2002 as per the list to be furnished by the Depositories in respect of shares held in electronic form and As members in the Register of Members of the Company as on September 27, 2002 after giving effect to all valid share transfers on physical form which are lodged with the Company on or before September 16, 2002.

BSE revises Special Margin on 117 scrips

BSE has informed the members of the exchange that the following scrips will attract Special Margins as indicated hereunder with effect from Monday. The rates of Special Margins have been revised keeping in view the closing price of the scrip on the last day of the settlement. Members are hereby informed that special margins will be imposed on the basis of memberwise gross purchase or sales position (clientwise net) as indicated below: CODE NAME GROUP PER SHARE (PURCHASE)(%) PER SHARE (SALE)(%) 530707 AFTEK INFOSYS B1 25 522275 ALSTOM B1 25 532311 AMEX INFORMATIO B2 25 532259 APAR INDUSTRIES B2 25 503940 ASIAN ELECTRO B1 25 531541 AVON ORGANICS B2 25 532161 BAFFIN ENGINEER B2 25 502355 BALKRISHNA INDS B2 25 500048 BHARAT EARTH MO B1 25 500055 BHUSHAN STEEL B1 25 517544 C MAC CENTUM B1 25 523200 CLASSICS DIAM B2 25 506390 COLOUR CHEM B1 25 508814 COSMO FILMS B2 25 532419 D LINK INDIA B1 25 500117 DCW B2 25 526677 DSJ COMM B2 25 532365 DYNACON SYSTEM B2 25 509028 E SERVE IN B1 25 532417 E STAR INFOTECH B2 25 505200 EICHER MOTOR B1 25 500128 ELECTROSTEEL CA B1 25 504008 EMCO B1 25 500627 ESSAR STEEL B1 25 506156 ETC NETWORKS B2 25 532326 FORTUNE INFO B2 25 500155 GARDEN SILK B1 25 500655 GARWARE POLY B2 25 506109 GENESYS INTER B1 25 531939 GENIUS COMMU B2 25 503699 GEODESIC INF B2 25 532312 GEOMETRIC SOFT B1 25 509567 GOA CARBON B2 25 507732 GODAVARI FERT B2 25 526729 GOLDIAM INT. B1 25 500185 HIND CONSTRUC B1 25 524652 IND SWIFT B1 25 500720 INDIAN ORGANIC B2 25 500207 INDO RAMA SYN B1 25 532010 INDOTECH CAPITA B2 25 532175 INFOTECH ENT B1 25 512447 INNOVISION B2 25 524494 IPCA LABORATOR B1 25 532421 IQ INFOTECH B2 25 507480 ISHWAR MEDICAL B2 25 531816 IT MICROSYSTEM B2 25 530773 IVRCL INFRA B1 25 506943 J B CHEMICALS B1 25 500223 JCT LTD B1 25 500107 JINDAL IRON B1 25 532256 JINDAL STRIPS B1 25 500228 JINDAL VIJAY B2 25 500235 KALYANI STEELS B2 25 504807 KEC INTERNATION B2 25 520061 LAKSHMI AUTO B1 25 532275 LANDMARC LEISUR B1 25 531458 LASER EYE CARE B2 25 500266 MAH. SCOOTER B1 50 500265 MAHARASTRA SEAM B1 50 502986 MAHAVIR SPNG B1 25 504823 MAHINDRA UGINE B2 25 502157 MANGALAM CEMENT B2 25 532337 MASCOT SYSTEM B1 25 524794 MATRIX LABS B2 25 531417 MEGA CORPORN B2 25 532089 MOH B2 25 513446 MONNET ISPAT B2 25 503031 MORARJEE GOCUL B2 25 520043 MUNJAL SHOWA B1 25 523630 NATIONAL FERT B2 25 513179 NATIONAL STEEL B2 25 504112 NELCO B1 25 531209 NUCLEUS SOFTWAR B1 25 520021 OMAX AUTOS B1 50 532091 ORBIT MULTI B2 50 532350 PADMALAYA TELE B1 25 531492 PENTA COMMUN B1 25 517296 PHOENIX LAMPS B2 25 524051 POLYPLEX B2 25 522205 PRAJ INDUSTRIES B2 25 506852 PUNJAB ALKALI B2 25 506618 PUNJAB CHEMICAL B2 25 500346 PUNJAB COMM B1 25 532153 RAIN CALINING B1 25 500355 RALLIS INDIA B1 25 532165 RANSI SOFTWARES B2 25 524230 RASHTRIYA CHEM B1 25 513583 S B & T B1 25 500370 SALORA INTER B1 25 526093 SATHAVAHANA ISP B2 25 511218 SHRIRAM TRANS B2 25 523083 SOMPLET B2 25 512531 STATE TRADING B1 25 512640 STOCK NET INTER B1 25 532348 SUBEX SYSTEM B1 25 500404 SUNFLAG IRON B1 25 504920 SWIL B2 25 511503 SYNERGY LOG IN B2 25 504290 TATA INFOTEC B1 25 500463 TATA TELECOM B1 25 531554 TOP TELEMEDIA B2 50 519496 TRANS TECHNO B2 25 500423 TVS ELECTRONICS B1 25 500464 UCAL FUEL SYST B1 25 532035 UNISTAR MULTI B2 25 531790 UNIVERSAL MEDIA B2 25 513216 UTTAM STEEL B2 25 532156 VAIBHAV GEMS B1 25 500439 VARDHAMAN SPG B1 25 524802 VERONICA LABS B2 25 500945 VIDEOCON APPL B1 25 532214 VISUAL SOFTWARE B1 25 532325 VITAL COMMUN B2 25 511246 WHITE LION ASIA B2 25 505890 WIDIA B1 25 504067 ZENSTAR TECHNOL B1 25 532177 ZIGMA SOFTWARE B2 25