SHARE DEALS
Pentamedia Graphics Ltd: The board has approved the increase of authorised share capital from Rs 75 crore to Rs 150 crore and the company proposes for further issue of shares in the ensuing annual general meeting. The board has deferred the decision of sub-division of equity shares.
ATE Trading & Manufacturing Company: The company has informed that, Enterprise Securities have acquired 8650 (5.77%) shares of the company on Spot Purchase basis on 19.04.02. Their shareholding after acquisition is 9050 (6.03%) shares.
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Associated Cement Cos Ltd: The company has informed that, at the meeting of the shareholders/investors grievance committee of the Board held on 23.04.02, 13850 shares were allotted against exercise of Stock Options granted to employees under ESOP, 2000. Consequently, the paid up share capital of the company has increased to 1708.00 lakh shares of Rs.10/- each as of date.
Blue Star Ltd: The company has informed that, company has extinguished 1003118 equity shares of the company, pursuant to buy back. Equity capital of the company after the said extinguishment stands reduced to 193.20 lakh shares.
BSL Ltd: The company has informed that, Kolmak Chemicals Ltd., Sun Biotechnology Ltd. and Super Jupiter Couriers Pvt. Ltd. have acquired 24301 (0.33%) shares between 17.04.02 and 19.04.02 by way of market purchase. Their shareholding after acquisition is 503829 (6.87%) shares.
Cadila Healthcare Ltd: The company has informed that pursuant to the public announcement for Open Offer made by the company to the shareholders of German Remedies Ltd. the company has acquired 1,107 (0.0134%)equity shares of GRL on 25/04/2002. The maximum price paid for shares acquired thruough open market purchases was Rs 290.90 per share.
Ferro Alloys Corporation Ltd: The company has informed that, ICICI Trusteeship Services Ltd. (ICICI Equity Fund) have acquired 10.17 lakh equity shares of the company.
Gammon India Ltd: The company has informed that, equity stake of the company in its subsidiary Cochin Bridge Infrastructure Co Ltd (CBICL) has increased w.e.f. 30.03.02 from 96.39% to 97.66% pursuant to the allotment of 225000 shares of Rs 10/- each made by CBICL to the company.
Heritage Foods (India) Ltd: The company has informed that, company has extinguished 7,07,090 equity shares in demat form and 29,200 shares in physical form of the company, pursuant to buy back. Equity capital of the company after the said extinguishment is 99.93 lakh shares.
Hindalco Industries Ltd: The company has informed that, company has extinguished 720382 equity shares of the company from 19.04.02 to 22.04.02 pursuant to buy back. Equity capital of the company after the said extinguishment stands reduced to 737.21 lakh shares.
JB Chemicals & Pharmaceuticals Ltd: The company has informed that, Lekar Pharma Ltd. and Synit Drugs Pvt. Ltd. have acquired 5000 shares and 2100 shares of the company, respectively, through creeping acquisition on 16.04.02 and 17.04.02.
McDowell & Company Ltd: The company has informed that, McDowell Alcobev Ltd. (MAL) ceased to be a subsidiary of the company, consequent upon divestment of the entire holdings of 80 equity shares of Rs.10/- each in in MAL by the company.
Moschip Semiconductor Technology Ltd: The board of directors of the company have approved issue of further 12.66 lakh equity shares and 6 lakh warrants on private placement basis to indentified investors.
MRO-TEK Ltd: With reference to the news item which appeared in the Business Line under the title