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JSW Steel declares interim dividend at Rs 12.50 pc

Mumbai, Mar 13 (UNI) JSW Steel Ltd today informed BSE that its Board of Directors has declared an interim dividend of Rs 12.50 (125 per cent) per fully paid up Equity share of Rs 10/- each, on the fully paid-up Equity Share Capital of the company, arrived at after including the Equity Shares to be allotted up to the Record Date (March 21, 2007), pursuant to the exercise of option attached to Equity Warrants.

The decision was taken in a meeting of the Board of Directors held today.

UNI

Premier allots 43,26,000 convertible warrants to Modena

Mumbai, Mar 13 (UNI) Premier Ltd has informed the BSE that the Board of Directors of the Company at its meeting held today has allotted 43,26,000 convertible warrants at a price of Rs 39.43 per warrant to Ms Modena Investment and Trading Co Pvt Ltd, one of the promoters of the Company, on a preferential basis in accordance with Securities and Exchange Board of India (SEBI) guidelines. The Company has also added that the said warrants are convertible into an.....

Nalco announces second interim dividend

Bhubaneswar, Mar 13 (UNI) The National Aluminium Company Limited (NALCO), leading manufacturer and exporter of alumina and aluminium - in the country, has announced second interim dividend of 15 per cent on a total paid-up capital of Rs 644.31 crore for the 2006-07. Earlier, the company had paid an interim dividend of 35 per cent last month. With the latest dividend, the pay out works out to be Rs 322.15 crore and a total 50 per cent interim dividend. During.....

Havell's to buy out SLI Sylvania's lighting biz for $300 mln

New Delhi, Mar 13 (UNI) Havell's India Ltd today said its Neitherlands-based subsidiary will acquire SLI Sylvania's lighting business for 300 million dollars in cash. This take over by Havell's Neitherlands BV is expected to be financed with non-recourse debt facilities of 160 million dollars and recourse facilties of 105 million dollars by way of loan/equity through Havell's subsidiaries granted by the company. Havell's India Chairman and Managing Director (CMD) Qimat Rai Gupta told reporters while signing an agreement with SLI.....
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