SHARE ALLOTMENTS
GTL Ltd: The company has informed the Bombay Stock Exchange (BSE) that the nomination and remuneration committee of the board of directors of the company at its meeting held on July 16, 2002, has approved allotment of 5,000 warrants to the eligible employees under the employee stock option plan, 2001, of the company.
Gujarat Ambuja Exports Ltd: The company has informed that Vijay Kumar Gupta has sold 3,445 equity shares of the company through market between July 10, 2002, and July 16, 2002. After sale, his shareholding will be 7180009 (23.95 per cent) shares.
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Polychem Ltd: In terms of regulation 8(1) of Sebi, (substantial acquisition of shares and takeovers ) regulations 1997 the company has informed that Unit Trust of India holds 3731606 (23.09 per cent) shares in the company.
Ruchi Soya Industries: In terms of regulation 7(3) of Sebi, (substantial acquisition of shares and takeovers) regulations 1997, the company has informed that it has received 25584 shares for transfer in the name of Avanti Finance Ltd. The present shareholding of the company is 949250 equity shares, which will exceed 5 per cent of the paid-up capital of the company on transfer of shares.
Themis Medicare: The board of directors has passed a resolution forfeiting 99400 equity shares of the company on which allotment money is not paid by the defaulting shareholders.
BOARD MEETS
Shree Rama Multi Tech: The company has informed BSE that a meeting of the board of directors of the company shall be held on July 27, 2002, to take on record the unaudited financial results of the company for the quarter ended June 30, 2002.
Precimet Diamonds (India) Ltd: The company has informed that the board of directors of the company at its meeting held on July 19, 2002, has decided as under: to issue 1,10,00,000 equity shares on a preferential basis at Rs 10 per share; to add the object of carrying on business of infrastructure and development projects subject to approval by the members at the general body meeting.
AMALGAMATION
Pampasar Distillery Ltd: BSE has informed the members of the exchange that Pampasar Distillery Ltd has fixed August 13, 2002, as the record date for the purpose of scheme of amalgamation. As per the scheme, Pampasar Distillery will be amalgamated with Maharashtra Distilleries Ltd, (at present an unlisted company). Seven equity shares of Rs 10 each fully paid-up of Maharashtra Distilleries will be allotted for every six existing equity shares of Rs 10 each fully paid-up held in the company.
INSIDER TRADING NOTICE
EMCO Ltd: In terms of regulation 13(3) of the Securities and Exchange Board of India, prohibition of insider trading, the company has informed that Maya Trade Links Ltd has sold 10,00,00 equity shares and Crossland Investment Ltd has sold 64360 equity shares of the company.
OTHERS
Tata Tea: With reference to a news item appeared in a financial daily titled