STOCKS ALERT – 11.06.2014
* AGRO TECH FOODS: Has opened its first peanut butter making unit in
Jhagadia, Gujarat.
* AKSH OPTIFIBRE: The company's arm has commissioned its
manufacturing unit in Dubai's free zone.
* COAL INDIA: Has decided to amend its memorandum of association in
order to foray into the business of producing fertilisers and chemicals using
coal gas.
* CROMPTON GREAVES: Has won an order to supply 750,000 smart meters
to Spanish utilities company Gas Natural Fenosa.
* DHANLAXMI BANK: Has sought shareholders' approval to raise 1.99 bln
rupees by issuing 43.9 mln shares at 45.55 rupees per share.
* GULSHAN POLYOLS: Has commissioned its precipitated calcium
carbonate plant at ITC's paper manufacturing unit in West Bengal.
* IDEA CELLULAR: Has entered into a two-year pact with INDIAN OIL
CORP to provide end-to-end customer solutions such as booking for gas
cylinder refills to sending text message updates on billing and delivery.
* JAYPEE INFRATECH: The Supreme Court has rejected the company's plea
that the Noida Authority be directed to grant completion certificates to its
projects near the Okhla bird sanctuary.
* KSK ENERGY VENTURES: Promoters, on Jun 2, freed 52 mln shares
pledged by them with lenders.
* LARSEN & TOUBRO: Executive Chairman A.M. Naik sold 345,000 shares
of the company on Monday for 599 mln rupees.* L&T FINANCE HOLDINGS: Parent LARSEN & TOUBRO plans to sell
0.96% stake in the company through offer for sale today and has set a floor
price of 74 rupees per share.
* MARUTI SUZUKI: Swift Dzire has replaced Alto as the top selling car in
India. Swift hatchback, which is also produced by the company is in the second
position.
* ORBIT CORP: Lenders invoked pledge on 1.5 mln shares of the company on
Thursday.
* RAYMOND: Shareholders have approved raising up to 1.75 bln rupees
through non-convertible debentures.
* RURAL ELECTRIFICATION CORP: Has received shareholders' approval
to raise capital through private placement of non-convertible debentures.
* SHIPPING CORP OF INDIA: Has sold its chemical carrier M.T.
Palanimalai.
* STATE BANK OF INDIA: Ezetap has bagged a technology contract from
the bank to launch mobile point of sale devices across India.
* SOUTHERN ISPAT: The board will mull a stock split on Thursday.
* SUPREME INFRASTRUCTURE INDIA: Promoter pledged 1.6 mln shares
of the company on Thursday.
* TATA MOTORS: Two officials from the company--Venkatram
Mammillapalle, senior vice president purchasing and supply chain and Rajesh
Bagga, senior vice president legal--have resigned.
* ULTRATECH CEMENT: Has said media report that it plans to buy
JAIPRAKASH ASSOCIATES is speculative.
* UNITED BANK: RBI has allowed the bank to consider proposals to offer
loans up to 2 bln rupees to AAA-rated public sector undertakings and
companies.
* VIDEOCON INDUSTRIES: Has scrapped its plan to set up an 80-bln-rupee
liquid crystal display manufacturing unit in Navi Mumbai.* VISA STEEL: Has received shareholder approval for transfer of its special
steels business to its wholly-owned subsidiary VISA Special Steel.
* AGRO TECH FOODS: Has opened its first peanut butter making unit in
Jhagadia, Gujarat.
* AKSH OPTIFIBRE: The company's arm has commissioned its
manufacturing unit in Dubai's free zone.
* COAL INDIA: Has decided to amend its memorandum of association in
order to foray into the business of producing fertilisers and chemicals using
coal gas.
* CROMPTON GREAVES: Has won an order to supply 750,000 smart meters
to Spanish utilities company Gas Natural Fenosa.
* DHANLAXMI BANK: Has sought shareholders' approval to raise 1.99 bln
rupees by issuing 43.9 mln shares at 45.55 rupees per share.
* GULSHAN POLYOLS: Has commissioned its precipitated calcium
carbonate plant at ITC's paper manufacturing unit in West Bengal.
* IDEA CELLULAR: Has entered into a two-year pact with INDIAN OIL
CORP to provide end-to-end customer solutions such as booking for gas
cylinder refills to sending text message updates on billing and delivery.
* JAYPEE INFRATECH: The Supreme Court has rejected the company's plea
that the Noida Authority be directed to grant completion certificates to its
projects near the Okhla bird sanctuary.
* KSK ENERGY VENTURES: Promoters, on Jun 2, freed 52 mln shares
pledged by them with lenders.
* LARSEN & TOUBRO: Executive Chairman A.M. Naik sold 345,000 shares
of the company on Monday for 599 mln rupees.* L&T FINANCE HOLDINGS: Parent LARSEN & TOUBRO plans to sell
0.96% stake in the company through offer for sale today and has set a floor
price of 74 rupees per share.
* MARUTI SUZUKI: Swift Dzire has replaced Alto as the top selling car in
India. Swift hatchback, which is also produced by the company is in the second
position.
* ORBIT CORP: Lenders invoked pledge on 1.5 mln shares of the company on
Thursday.
* RAYMOND: Shareholders have approved raising up to 1.75 bln rupees
through non-convertible debentures.
* RURAL ELECTRIFICATION CORP: Has received shareholders' approval
to raise capital through private placement of non-convertible debentures.
* SHIPPING CORP OF INDIA: Has sold its chemical carrier M.T.
Palanimalai.
* STATE BANK OF INDIA: Ezetap has bagged a technology contract from
the bank to launch mobile point of sale devices across India.
* SOUTHERN ISPAT: The board will mull a stock split on Thursday.
* SUPREME INFRASTRUCTURE INDIA: Promoter pledged 1.6 mln shares
of the company on Thursday.
* TATA MOTORS: Two officials from the company--Venkatram
Mammillapalle, senior vice president purchasing and supply chain and Rajesh
Bagga, senior vice president legal--have resigned.
* ULTRATECH CEMENT: Has said media report that it plans to buy
JAIPRAKASH ASSOCIATES is speculative.
* UNITED BANK: RBI has allowed the bank to consider proposals to offer
loans up to 2 bln rupees to AAA-rated public sector undertakings and
companies.
* VIDEOCON INDUSTRIES: Has scrapped its plan to set up an 80-bln-rupee
liquid crystal display manufacturing unit in Navi Mumbai.* VISA STEEL: Has received shareholder approval for transfer of its special
steels business to its wholly-owned subsidiary VISA Special Steel.
