Gujarat Ambuja Cements - Updates on Scheme of Amalgamation

Saturday, March 17, 2007, 10:35 [IST]

Mumbai, Feb 22 (UNI) Gujarat Ambuja Cements Ltd has received the Order passed by the Gujarat Court approving the amalgamation of Indo-Nippon Special Cements Ltd (INSCL) with the Company, with effect from July 1, 2005, in terms of the Scheme of Amalgamation already filed.

The Company has filed the requisite form No 21 with the Registrar of Companies, Gujarat in accordance with the provisions of the law.

Since INSCL was a wholly-owned subsidiary Company, no further shares have been issued by the Company on amalgamation, Gujarat Ambuja Cement informed the BSE.

UNI

Topics: BUSINESS-GUJ-AMBUJA

Other articles published on March 17, 2007

Kalyani Lemmerz completes expansion of vehicle steel wheel facility

Saturday, March 17, 2007,10:35 [IST]

Pune, Feb 22 (UNI) Kalyani Lemmerz Limited, a subsidiary of Hayes Lemmerz International Inc (HAYZ), today announced that it has completed the expansion of its state-of-the-art commercial vehicle steel wheel facility, bringing annual capacity to 800,000. Hayes Lemmerz Global Wheel Group Chief Operating Officer (COO) and President Fred Bentley told media persons here that Kalyani Lemmerz was expected to add an additional 200,000 units of capacity in future months, bringing the total annual capacity of the facility to 1,000,000 units......

Colombia grapples with applying refugee aid: UN

Saturday, March 17, 2007,10:35 [IST]

&13; Bogota, Mar 17: Colombia struggles to properly assist thousands of people forced from their homes by conflict despite heavy government spending, strong laws and a decline in the flow of refugees, the United Nations said.Colombia's decades-long war has driven more than 3 million people from their homes and hundreds of thousands have left the country in what the UN High Commission for Refugees calls one of the worst refugee situations outside of Sudan.UN High Commissioner for.....

Limitless Updates

Business News

News Archives

Firstsource shares rise 41 pc on debut

Saturday, March 17, 2007,10:36 [IST]

Mumbai, Feb 22 (UNI) The new public issue of Firstsource Solutions Ltd made their debut today with 41 per cent higher than the initial offer price of Rs 64 per share. Brokers said,'' The new shares opened at Rs 90.10 on the National Stock Exchange (NSE) and were trading at Rs 84.20 during the intra- day session.'' UNI.....

UTI announces launch of UTI Gold Exchange Traded Fund

Saturday, March 17, 2007,10:36 [IST]

Nagpur, Feb 22 (UNI) UTI Mutual Fund announced the launch of the UTI Gold Exchange Traded Fund here today. The New Fund Offer (NFO) opens on March 1 and closes on March 12, 2007. Speaking to reporters, UTI Mutual Fund Regional Sales Head West) Arvind Mittal said that the fund was an open-ended exchange traded fund designed to track the performance and yield of gold. Investment would be made in physical gold and would reflect the international price of gold.....

CTC variety tea high in demand in Kolkata tea auction market

Saturday, March 17, 2007,10:36 [IST]

Kolkata, Feb 22 (UNI) CTC variety of tea was the main mover and shaker in Kolkata tea auction centre last week ending on February 14, according to a report released by Kolkata Tea Brokers' Statistics department. The report said there was good demand of CTC variety and 12,27,862.30 kgs tea were sold. This was followed by Dust variety which sold 6,48,282.80 kg. Orthodox and Darjeeling tea also had good demand. This week around 72,848 kg of Orthodox variety and 17,954.....