PREFERENTIAL ISSUES
Megasoft: The company has informed that at the EGM held on 14/08/2002 the shareholders have approved the issue of shares to an overseas corporate body on preferential basis.
Primeast Investments: The board has decided as follows subject to approval of shareholders in the ensuing AGM: a) Proposed to increase the authorised capital of the company from Rs 12 crore to 12.50 crore. b) Proposed to preferentially issue and allot 4,33,000 equity shares of Rs 10 each amounting to Rs 43,30,000 to M/s Thakral Investments India Ltd. c) Proposed to commence the business of Manufacturers / Processors / Exporters / Importers and trading of electronic products and devices and computer software and hardware.
INSIDER TRADING NOTICES
Aban Loyd Chiles Offshore: In terms of regulation 13(4) of Sebi, (insider trading) regulations 2002, the company has informed that M A Abraham is holding 385125 shares as on 13/08/2002 in the company.
HB Stockholdings: In terms of regulation 13(6) of Sebi, (insider trading) regulations, the company has informed that H C Bhasin, chairman, has acquired 12553 shares. After this acquisition his shareholding in the company is 5029489 shares.
Nahar Exports: In terms of regulation 13(3) of Sebi, (insider trading) regulations 2002, the company has informed that Nahar Spinning Mills has acquired 731826 shares under the creeping acquisition. Their shareholding will be 14222958 shares in the company.
NOTICES UNDER TAKEOVER CODE
ACE India: In terms of regulation 7 (3) of Sebi, (substantial acquisition of shares and takeovers) regulations 1997, the company has informed that Ved Prakash Narula had informed the company about his acquisition of 4,31,100 (13.64 per cent) equity shares voting power of the company from its promoters.
Aztec Software and Technology Services: In terms of regulation 7(3) of Sebi, (substantial acquisition of shares and takeovers) regulations 1997, the company has informed that trustees of Aztec Software & Technology Services Pvt Ltd Employees
