INSIDER TRADING NOTICES
Capital Trust: In terms of regulation 13(6) of Sebi, (prohibition of insider trading) regulations 1992, the company has informed that V K Khosla, managing director, has purchased 4600 shares of the company and Yogen Khosla, executive director, has purchased 14400 equity shares of the company.
Cheviot Co: In terms of regulation 13(6) of Sebi, (insider trading) regulations 1992, the company has informed that Harsh Vardhan Kanoria, chairman & managing director, has acquired 6255 shares of the company as on 04.09.02. His shareholding after acquisition is 74,621 (2.48 per cent) equity shares of the company.
Control Print (India): In terms of regulation 13(3) of Sebi, (insider trading) regulations 1992, the company has informed that Shiva Kabra has purchased 10000 equity shares on 13.08.02 and Ritu Kabra Joshi has purchased 9200 equity shares on 14.08.02 & 1000 equity shares on 16.08.02. The shareholding after acquisition of Shiva Kabra is 175050 equity shares and of Ritu Kabra Joshi is 175885 equity shares in the company.
Garware Wall Ropes: In terms of regulation 13(6) of Sebi, (insider trading) regulations 1992, the company has informed that Ramesh B Garware, chairman of the company, has purchased 10,000 shares of the company through a broker on each day of 2nd September, 3rd September, 4th September, & 5th September 2002, respectively. His shareholding after all these transactions is 68,964 (0.35 per cent) shares in the company.
Greaves Morganite Crucible: In terms of regulation of Sebi, (insider trading) regulations 2002, the company has informed the details of the shareholding of the directors & officers of the company: S N Talwar (chairman) - 3100 shares; P Sachdev (director) - 6900 shares; S K Roy - (director) - 11000 shares; J P Wright - (non resident director) - nil shares; P C Davies - (non resident director) - nil shares; S Halliday - (non resident director) - nil shares; D Finck - (non resident director) - nil shares; S V Joshi - (secretary) - 200 shares.
Mysore Cements: In terms of regulation of Sebi, prohibition of insider trading, the company has informed that S P Somani, officer & designated employee, is holding 200 equity shares of the company.
National Peroxide: In terms of regulation 13 of Sebi, (insider trading) regulations 2002, the company has informed that A K Hirjee, director, is holding nil shares as on 11.09.02 in the company.
Oriental Hotels: In terms of regulation 13 of Sebi, prohibition of insider trading, the company has been informed by Dodla Subbarama Reddy, director and vice-chairman, that he has acquired 18637 (0.104 per cent) shares and his total holding is at 5,00,474 shares.
Ramco Industries: In terms of regulation of Sebi, (insider trading) regulations 2002, the company has informed that S Ramaswamy, manager, is holding 282760 shares of the company.
Tata Sponge Iron: In terms of regulation 13(6) of Sebi, (insider trading) regulations 2002, the company has informed that the Industrial Development Bank of India has sold 790647 equity shares of the company during 01.04.2002 to 16.08.2002 which is more than 2 per cent of the total no of equity shares of the company. Further, as on 19.08.2002, IDBI does not hold any equity shares of the company.
Thomas Cook (India): In terms of regulation 13(1) of Sebi, (insider trading) (amendment) regulations 2002, the company has informed the following shareholding as on 31.08.2002: Thomas Cook Overseas Ltd 87,50,000 shares (60 per cent), State Bank of India 12,09,654 (8.29 per cent).
ACQUISITIONS, EXPANSIONS, PACTS
Cyber Tech Systems & Software: The board of directors of the company at their meeting on September 12, 2002 approved the purchase consideration of up to $1 million for acquisition of 100 per cent equity of Cyber Tech Europe (CTE) from Cyber Tech Systems Inc (CSI), thereby making CTE a wholly owned subsidiary of the company. It also approved additional investment of up to Euro 1 million in CTE, subject to regulatory requirements.
Thomas Cook: The company is committed to establishing a strong presence in Mauritius as the island republic is an important international business hub in the Indian Ocean region and a gateway for regional investments. This was highlighted by Ashwini Kakkar, director, TC (Mauritius) Operations Co Ltd, at a press conference there on September 12, 2002. Kakkar and the board of directors of Thomas Cook India Ltd were in Mauritius to underscore their commitment to their business interests in the country.
G G Automotive Gears: The company has received an export letter of credit for $ 65100 from one of its major buyers Alstom New South Wales, Australia. Incidentally, they have been appointed exclusive distributors for Australia and New Zealand recently. On successful execution of the order, the company expects to receive continuous orders worth at least $1-1.25 million every year. This will boost the company
