Infosys allots equity shares under Stock Option Plan

Infosys Technologies Ltd has informed BSE that the Board of Directors of the Company met on August 19, 2002 and transacted the following business: Allotted an aggregate of 16,650 equity shares of par value of Rs 5 to Bankers Trust Company, New York, the Depository to the company's ADS issue as underlying shares in respect of 33,300 (Thirty Three Thousand and three hundred only) ADSs to be issued and allocated to the purchasers, pursuant to the exercise of 33,300 options granted to employees under the company's 1998 Option Plan on receipt of payment of the subscription monies in respect of the said shares aggregating $5,66,100.

Saint Gobain Sekurit Board approves rights issue

Saint Gobain Sekurit India Ltd has informed BSE that the Board of Directors of the Company in their meeting held on August 20, 2002 has taken the following decision: 1. To increase the paid up share capital of the company from existing Rs 65,07,55,000 to Rs 90,07,55,000 by issuing 2,50,00,000 equity shares of Rs 10 each for cash at par. 2. To amend the capital clause of the memorandum and articles of association of the Company in order to increase the authorised capital of the Company from existing Rs 660 million to Rs 910 million. 3. To issue equity shares of Rs 10 each for cash at par on rights basis in the ratio of 5:2 ie for five existing shares two new shares to be allotted.

Sanket International to consider means of raising capital

A meeting of the Board of Directors of Sanket International Ltd is scheduled to be held on August 29, 2002 for the purpose of approving the Annual Accounts for the year ended March 31, 2002 and for considering the means of raising capital including preferential issue of equity shares at premium.

Konark Synthetic Board drops proposal to set up wholly owned subsidiary

Konark Synthetic Ltd has informed BSE that at the Board Meeting of the Company held on August 20, 2002 the following business is transacted The company adopted the audited annual accounts for the year ended March 31, 2002. Dividend at 7.5% is recommended on the equity shares of the Company for the year ended March 31, 2002. The AGM of the company is scheduled for September 26, 2002. The board has dropped the proposal to set up wholly owned subsidiary.

Munoth Hire Purchase Board recommends dividend at 5%

Munoth Hire Purchase Ltd has informed BSE that the Board of Directors of the Company at their meeting held on August 20, 2002 have approved the following items of business: 1. Approved and adopted the audited balance sheet as at March 31, 2002 and profit & loss account for the year ended on that date together with auditors and Director Report thereon. 2. Approved the proposal for recommending dividend to the equity shareholders of the Company at 5% for the financial year ended as on March 31, 2002.

Sreemukh Finance & Investments Board recommends dividend at 5%

Sreemukh Finance & Investments Ltd has informed BSE that the Board of Directors at their meeting held on August 20, 2002 have approved the following items of business: 1. Approved and adopted the audited balance sheet as at March 31, 2002 and profit & loss account for the year ended on that date together with Auditors and Directors Reports thereon. 2. Approved the proposal for recommending dividend to the equity shareholders of the Company at 5% to the equity shareholders for the financial year ended as on March 31, 2002.

Aurobindo Pharma fixes Book Closure for AGM & Dividend

Aurobindo Pharma Ltd has informed BSE that the Register of Members and Share Transfer Books of the Company will be closed from September 24, 2002 to September 27, 2002 (both days inclusive) in connection with the 15th AGM to be held on September 27, 2002 and for payment of dividend for the year 2001-02.

Lahoti Overseas Board meeting for buyback postponed to September 3, 2002

Lahoti Overseas Ltd has informed BSE that at a meeting of the Board of Directors of the Company held on Tuesday the following decisions were taken: That due to delay in gathering certain informations the idea of buy-back of shares to be postponed till September 3, 2002 on which the Board of Directors will meet again. Earlier the Company had informed BSE that a meeting of the Board of Directors of the Company which was scheduled to be held on August 13, 2002 to consider the buyback of equity shares have been adjourned for the want of quorum to August 20, 2002.

DSQ Software FY-02 audited results on August 28, 2002

DSQ Software Ltd has informed BSE that the Company has called for a Board Meeting on August 28, 2002 to consider inter alia audited accounts of the Company for the period ended June 30, 2002.

United Breweries fixes book closure for the purpose of payment of dividend

United Breweries Ltd has fixed September 20, 2002 to September 30, 2002 (both days inclusive) in connection with the Annual General Meeting of the Company and for the purpose of declaration of Dividend for the year ended March 31, 2002, if recommended by the Board of Directors, subject to approval of the shareholders at the Annual General Meeting.

Century Textiles & Industries stops operations at its Bagasse paper plant at Nainital

Century Textiles & Industries Ltd has informed BSE that since August 18, 2002 a breakdown has occurred in 21 M W Turbine supplying power to its Bagasse paper plant situated at Ghanshyamdham, P O Lalkua, Dist Nainital (Uttaranchal) and as a result thereof, operations of the turbine had to be stopped. The above breakdown appears to be due to some manufacturing defect in the generator rotor which is beyond the control of the management. The technical experts of the suppliers have inspected the turbine and have advised to dismantle the generator assembly which is a completely sealed unit for further inspection by their technical experts. In view of the above the turbine is expected to be shut down for about 30-35 days and consequently the Bagasse paper plant is expected to be shut due to power shortage. On the basis of the shut down for 30 days of Bagasse Paper plant, the turnover loss is expected to be about Rs 250 million. The company has further informed that it is examining various viable alternatives to commission the Bagasse Paper plant.

Chandratre resigns from Directorship of United Western Bank

United Western Bank Ltd has informed BSE that Dr K R Chandratre, one of the Directors of the Bank has resigned from the office of Director due to his tour to abroad for advance studies in intellectual property rights and his resignation was accepted by the Board of Directors.

Sai Infoservices Board approves proposal for buyback

Sai Infoservices Ltd has informed BSE that the Board of Directors of the Company at their meeting held on August 19, 2002 has approved the proposal to buy back 42,91,225 equity shares at Rs 18 each per share.

Thermax revises book closure date for AGM & Dividend

Thermax Ltd has informed BSE the revision in the book closure date. The Register of Members and Share Transfer Books of the Company will remain closed from September 19, 2002 to September 27, 2002 (both days inclusive) for the purposed of AGM & Dividend. Earlier the Company had informed BSE the following: 1. Dividend on equity shares @ 50% has been recommended for the financial year 2001-02. 2. The Register of members and share transfer books of the Company will remain closed from September 17, 2002 to September 27, 2002 (both days inclusive).

BSES starts generating electrical energy at Unit II of Dahanu Power Station after major overhaul

BSES Ltd has informed BSE that Unit II at its Dahanu Power Station has started generating electrical energy from August 7, 2002 after major overhaul. BSES had earlier informed that both the Units of Dahanu Power Station were shutdown due to flood in the premises of the Switchyard, Turbine halls and auxiliary plant areas. The Company had also informed of the normalcy having restored and of having started generating electrical energy at Unit I.

Cadila Healthcare Board allots secured redeemable non convertible debentures

Cadila Healthcare Ltd has informed BSE that at the meeting of the Board of Directors of the company held on August 20, 2002 it has been decided to issue/allot Secured Redeemable Non Convertible Debentures for an aggregate face value of Rs 700 million by private placement basis at an interest rate of 8.40% p.a.

Bathina Ties-up with Sun Microsystems

Bathina Technologies India Ltd has informed BSE that as a part of their "Global Strategic Alliance Initiative" and part of their commitment to fulfill expanded value based product offering, has entered into agreements with US based Sun Microsystems, Inc. for StarOffice NOW™, Sun Developer Connection™, iForce™ programs. These understandings enable Bathina to offer the popular Sun StarOffice™ bundled with their flagship Voice-Automation product "Bathina VoiceAuto." Bathina Technologies, with the forthcoming release of their full featured VoiceAuto Version 1.3 supporting the voice control of the Desktop, Operating System, Keyboard, Menus & Dialog Boxes along with several popular office suites, is planning on coming out with "Plus" Edition with value added (voice-automated) bundled products such as StarOffice™. "Bathina VoiceAuto - PersonalPlus with Voice-Automated Sun StarOffice included" will be the first product in the "Plus" series of VoiceAuto. Speaking of the partnership with Sun Microsystems, Mr. Bathina, CMD of Bathina Technologies said, "This is another testimony to the power of Voice-Automation technology pioneered by Bathina. Our endeavor is to provide value based solutions to our valued customers around the world."

Bombay Dyeing & Manufacturing Co Board to consider proposal for buyback

Bombay Dyeing & Manufacturing Co Ltd has informed BSE that the Board of Directors of the company at its meeting scheduled on August 28, 2002 will inter alia consider a proposal for buy back of the Company's equity shares.