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Ballarpur Industries (BILT) BSE NOTICES

Ballarpur Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 29, 2010, inter alia, have : 1. Noted and accepted proposal of Mr. Gautam Thapar relinquishing post of Executive Chairman of the Company w.e.f. April 01, 2010 and consequent re-designation as Non Executive Chairman of the Company. 2. Subject to approval of the Members of the Company, approved the offer, issue and allotment of the following securities to BILT Paper Holdings Ltd ("BPHL"), a promoter of the Company ("Promoter") on a preferential basis, in order to augment its balance sheet, meet long term capital requirements for pursuing expansion / growth opportunities and general corporate purposes: (i) 4,50,00,000 equity shares of the face value of Rs. 2.00 each of the Company, at a price as determined in accordance with Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 ("ICDR") or Rs. 30/- per equity share, whichever is higher. The relevant date for the purpose of computation of the minimum issue price in accordance with the ICDR being February 01, 2010. The allotment shall be completed within 15 days of receipt of relevant approvals / date of Extraordinary General Meeting, whichever is later. Consequently, the promoter group shareholding shall increase from 40.30% to 44.77% of the post issue paid up share capital of the Company. (ii) 5,50,00,000 unsecured Zero Coupon Compulsory Convertible Bonds ("ZCB"), at an issue price as date in accordance With ICDR or Rs. 30/- per equity share, whichever is higher. The ZCB shall be convertible into 5,50,00,000 fully paid up equity shares of the face value of Rs. 2.00 each of the Company at the option of the Promoter, anytime within 18 months from the date of allotment. The relevant date for the purpose of computation of the minimum issue price in accordance with the ICDR being February 01, 2010. Consequently, upon conversion of the ZCB, the promoter group shareholding shall increase from 44.71% to 49.40% of the post issue paid up share capital of the Company. (iii) The equity shares shall be fully paid up at the time of allotment / conversion and shall rank pari passu with the existing equity shares of the Company in all respects and be listed on the Stock Exchanges where the Company's shares are listed. (iv) An Extra-ordinary General Meeting of the Members of the Company has been convened on March 03, 2010 to consider the aforesaid preferential issue to the Promoter. (v) Approved draft notice for convening the aforesaid Extra-ordinary General Meeting.

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Ballarpur Industries (BILT) BSE NOTICES

Ballarpur Industries Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on December 18, 2009.

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Monday, February 15, 2010

Indian Oil Corporation BSE NOTICES

Indian Oil Corporation Ltd (IOC) has informed BSE that: "An international consortium comprising Indian Oil Corporation Ltd. ("IOC"), ONGC Videsh Ltd. ("OVL"), Repsol YPF ("Repsol"), Petroliam Nasional Berhad ("Petronas") and Oil India Ltd. ("OIL") (collectively, the "Consortium") was awarded by the Government of Venezuela the right to acquire 40% interest in an "Empresa Mixta" (or "Mixed Company"), which would develop Carabobo 1 North and Carabobo 1 Central blocks located in the Orinoco Heavy Oil Belt, as well as associated upgrading and infrastructure projects. The Orinoco Oil Belt contains the largest accumulation of oil in Venezuela, with estimated oil-in-place of over 1.0 trillion barrels. The 7 blocks included in 3 projects in the Carabobo region are estimated to contain 128 billion barrels of heavy oil-in-place and the volume of crude oil recoverable from each project has been estimated to be around 3 to 3.4 billion barrels. The multi-billion dollar project is one of the largest integrated energy projects in the world. Corporacion Venezolana del Petroleo S.A. ("CVP"), a subsidiary of Petroleos de Venezuela ("PdVSA"), Venezuela's state oil Company, will hold 60% equity interest in the Mixed Company, which will have an initial license term of 25 years that can be extended by further 15 years. The Mixed Company will construct heavy oil production facilities, upgrading facilities and associated infrastructure. The upstream production facilities will produce about 400,000 barrels per day of extra heavy oil, which will be upgraded into light crude oil in an upgrading facility to be located in the Soledad area, Anzoategui State in Venezuela."

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Indian Oil Corporation BSE NOTICES

Indian Oil Corporation Ltd (IOC) has informed BSE that Shri S. Sundareshan, Special Secretary, MOP&NG (Govt. Nominee Director on the Board of IndianOil) has ceased to be the Director of the Company with effect from February 01, 2010.

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Indian Oil Corporation BSE NOTICES

Indian Oil Corporation Ltd (IOC) has informed BSE that IndianOil is in the process of issuing foreign currency bonds in the international market to the extent of USD 500 million to finance its capital expenditure. The tenor of the bonds is 5 years with the coupon rate of 4.75% per annum payable semi-annually. The bonds would be listed on the Singapore Stock Exchange. The bonds have been rated as Baa3 by Moody''s and BBB- by Fitch, which denote ''Investment'' grade.

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Monday, February 8, 2010

BEL (Bharat Electronics) BSE NOTICES

Bharat Electronics Ltd has informed BSE that Shri Anil Kumar has been appointed as Director (Other Units) on the Board of Directors of the Company w.e.f. February 01, 2010. Prior to this appointment Mr. Anil Kumar has been heading Chennai Unit of the Company as General Manager (Chennai Unit).

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BEL (Bharat Electronics) BSE NOTICES

Bharat Electronics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 29, 2010, inter alia, has declared an Interim Dividend of Rs. 6/- per share for the year 2009-10.

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BEL (Bharat Electronics) BSE NOTICES

Bharat Electronics Ltd has informed BSE that Shri. Satyajeet Rajan, Joint Secretary (Electronics), Govt. of India, Ministry of Defence, has been appointed as part-time Director on the Board of Directors of the Company in place of Shri. Gyanesh Kumar, Joint Secretary (Shipyards), Govt. of India, Ministry of Defence.

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BEL (Bharat Electronics) BSE NOTICES

With reference to the earlier announcement dated January 11, 2010, regarding Q3 results on January 29, 2010, Bharat Electronics Ltd has now informed BSE that at the same meeting on January 29, 2010, the Board of Directors of the Company will also be considering declaration of interim dividend (for 2009-2010) to the equity shareholders of the Company. Further the Company has informed that, February 04, 2010 has been fixed as the Record Date for the purpose of payment of interim dividend.

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Birla Cotsyn India BSE NOTICES

Birla Cotsyn (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 28, 2010, inter alia, have transacted the following : - Mr. Debashis Poddar has been appointed as the Chief Executive Officer (CEO) of the Company in place of Mr. K. K. Baheti, the ex-CEO, who has expired.

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Max India BSE NOTICES

Max India Ltd has informed BSE that in terms of the approval accorded by the shareholders in the extra-ordinary general meeting of the Company held on January 22, 2010 and pursuant to the approvals received from stock exchanges where the Company's shares are listed, Dynavest India Pvt. Ltd., one of the promoter group Companies has remitted a sum of Rs. 86.70 crores, being 50% of the face value of warrants for subscription to 2,000,000 (Two million) Warrants of a face value of Rs. 867/- each of the Company. Each warrant entitles the holder thereof to subscribe to four equity share of Rs. 2/- each of the Company at a premium of Rs. 214.75 per equity share. The Board of Directors of the Company has approved the allotment of aforesaid 2,000,000 (Two million) Warrants of a face value of Rs. 867/- each of the Company to Dynavest India Pvt. Ltd. on February 06, 2010.

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Max India BSE NOTICES

Max India Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company was held on January 22, 2010.

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Max India BSE NOTICES

With reference to the earlier announcement and the Notice for convening an Extraordinary General Meeting (EGM) of the Company on January 22, 2010, regarding Issuance of 2,000,000 Warrants of the face value of Rs. 867/- each to the promoter group of Max India Ltd, on preferential allotment basis, Max India Ltd has now informed BSE that the Board of Directors since approved issuance of 2,000,000 (Two million) warrants of the face value of Rs. 867/- per warrant (with each warrant entitling the holder thereof to subscribe to four equity shares of Rs. 2/- each in the Capital of the Company at a premium of Rs. 214.75 per equity share) aggregating to an issue price of Rs. 1734 million (Rupees One thousand seven hundred and thirty four million) to Dynavest India Pvt. Ltd., one of the promoter group Companies in place of Mr. Analjit Singh. The aforesaid amendment to resolution at item No. 2 of the Notice will be proposed at the EGM for consideration of the shareholders. Accordingly, the references to the proposed allottee wherever appearing in the Explanatory Statement to aforesaid EGM Notice be read as Dynavest India Pvt. Ltd. in place of Mr. Analjit Singh. The Board of Directors has further authorised officials of the Company to issue necessary corrigendum on the aforesaid for the information of the public / members of the Company in newspapers. Further the Company has noted that, Dynavest India Pvt. Ltd. has been holding 1,83,500 equity shares of Rs. 2/- each of the Company as of the Relevant Date, i.e., December 23, 2009 and continue to hold the same and is in compliance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009.

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Karnataka Bank BSE NOTICES

Karnataka Bank Ltd has submitted to BSE a copy of the resolution passed by the Committee of Directors on January 22, 2010.

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Karnataka Bank BSE NOTICES

Karnataka Bank Ltd has submitted to BSE a copy of the resolution passed by the Committee of Directors on January 20, 2010.

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Moser Baer (India) BSE NOTICES

Moser Baer India Ltd has informed BSE that in furtherance to the resolution passed by the Board of Directors of the Company at the meeting held on January 11, 2010 to raise funds through equity or equity linked instruments for a value not exceeding US Dollars 100 million, the Board of Directors at the second meeting held on January 29, 2010, decided, subject to necessary approvals, to raise additional funds for a value not exceeding USD 65 million, through equity or equity linked instruments, for the Company's growth plans and for correcting the capital structure and strengthening the Balance Sheet of the Company. The Board also considered the need for flexibility in current market environment regarding timing of the fund raise by way of approaching the markets in one or more tranches with different instruments. Thus, subject to the approval of shareholders of the Company and such other approvals as may be required to be obtained in this regard, the Company may issue equity shares or equity linked instruments to qualified institutional buyers or FCCBs/GDRs/ADRs or equity shares through the depository receipts mechanism and / or other financial instruments convertible into or linked to equity shares for a total amount not exceeding USD 165 million.

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Moser Baer (India) BSE NOTICES

Moser Baer India Ltd has informed BSE that in terms of the ESOP Scheme and the SEBI (Employees Stock Option Scheme and Employees Stock Purchase Scheme) Guidelines, 1999, the Compensation Committee of the Board of Directors at its meeting held on January 28, 2010 has granted new options to employees of the Company in terms of its ESOP scheme - 2009. The terms of ESOP scheme - 2009 are as follows: 1. The maximum number of shares covered by such options: 141000 options. 2. Exercise Price: Normal Allocation @ Rs 75.95 per option. 3. Requirements of Vesting and maximum period of vesting: The vesting period ranges from 1 year to 4 years. 4. Exercise Period:- 7 years from the date of grant of options. All other terms and conditions of the ESOP scheme remain unchanged.

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Moser Baer (India) BSE NOTICES

Moser Baer India Ltd has informed BSE regarding a Press Release dated January 20, 2010 titled "Moser Baer extends its range of TFT monitors Offers new range in Energy Efficient series".

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Moser Baer (India) BSE NOTICES

Moser Baer India Ltd has informed BSE regarding a Press Release dated January 18, 2010 titled "Moser Baer launches content loaded Micro SD cards"

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