Corporate Announcements On The Bse

OPEN OFFER

Cadila Healthcare Ltd: Pursuant to the public announcement for open offer made by the company to the shareholders of German Remedies Ltd, the company has acquired 7,500 (0.0910 per cent) equity shares of GRL on June 3, 2002. The maximum price paid for shares acquired through open market purchases was Rs 294.50 per share.

Carrier Aircon Ltd: DSP Merrill Lynch Ltd has informed on behalf of Carrier Mauritius that pursuant to the public announcement for open offer made by Carrier Mauritius to the shareholders of the company, Carrier Mauritius has acquired 25,000 (0.11 per cent) equity shares of the company on June 4, 2002. The maximum price paid for shares acquired through open market purchases was Rs.98.87 per share.

 

Wartsila India Ltd: DSP Merrill Lynch Ltd has informed on behalf of Wartsila Corporation that, pursuant to the public announcement for open offer made by them to the shareholders of the company, Wartsila Corporation has acquired on 04.06.02, 1,601 (0.013 per cent) equity of the company through open market purchase. The maximum price paid for shares acquired through open market purchase was Rs 119 per share.

TAKEOVER REGULATION NOTICE

Wockhardt Life Sciences Ltd: In terms of regulation 8 of Sebi, substantial acquisition of shares and take over regulation, 1997, the company has informed that, Khorakiwala Holdings & Investments Ltd, is holding 2,12,10,400 shares as on March 31, 2002. Their holding as on March 31, 2001 was 2,12,10,400 and changes in between is nil.

INSIDER TRADING NOTICES

NDA Securities Ltd: In terms of regulation of Sebi, prohibition of insider trading, the company has informed that the following directors and officers hold equity shares of the company as on 31/03/2002 as: 1 N D Agarwal - 30,32,974 (59.56 per cent) shares, 2. N D Agarwal HUF - 2,64,300 (5.19 per cent) shares

Polar Industries Ltd: In terms of regulation of Sebi, prohibition of insider trading, the company has been informed by following persons that, they hold equity shares of the company as: 1. Anil Kumar Agarwal - 13,06,403 (11.74 per cent) shares, 2. IFCI Ltd 16,91,478 (15.20 per cent) shares.

Polar Pharma India Ltd: In terms of regulation of Sebi, prohibition of insider trading, the company has been informed by the following persons that, they hold equity shares of the company as follows: 1. Polar Industries Ltd, - 15,43,350 (13.89 per cent) shares 2. Anglo Finance Ltd, - 8,40,000 (7.56 per cent) shares 3. Krupa Agencies Pvt. Ltd., - 8,00,000 (7.20 per cent) shares.

Suryo Foods & Industries Ltd: In terms of regulation of Sebi, prohibition of insider trading, the company has informed that the following persons are holding equity shares of the company as follows:-1. Suryo Udyog Ltd, - 5,75,280 (14.527 per cent) shares, 2. Suryo Financial Services (P) Ltd - 6,93,300 (17.508 per cent) shares 3. Suryo Investment & Transport (P) Ltd, 6,07,200 (15.333 per cent) shares.

EXTINGUISHMENT

Exide Industries Ltd: The company has extinguished 30,957 shares of the company on May 31, 2002, pursuant to buy back. Equity capital of the company after the said extinguishment is 3,56,63,856 shares.

CHANGE OF NAME

Flamour Finance & Securities Ltd: The company has informed that at the EGM of the company to be held on June 14, 2002, the resolution to be passed as a special resolution to change name of the company as Swasti Vinayaka Finvest Corporation Ltd.

Seagull Leafin Ltd: The company has informed that at the EGM of the company held on May 31, 2002, the following resolution has been passed:-1) Resolved that change the name of the company to Seagull Technology Ltd or any other name as may be approved by the ROC, Andhra Pradesh. 2) Resolved that to change in the denomination of equity shares from Rs 10 each to Re 1 per share.

ESOP

Mascot Systems Ltd: The company has informed that the share transfer committee of the board of directors of the company at its meeting on June 4, 2002, has allotted 12,945 equity shares of par value of Rs 4 per share to the individual optionee