Soffia Software Q4 net profit at Rs 16.37 million, FY 2000 net at Rs 41.17 million

Soffia Software Ltd has reported a net profit of Rs 16.37 million for quarter ended June 30, 2000 as compared to Rs 2.69 million for the same period last year. The net sales increased from Rs 7.67 million in the JQ 99 to Rs 54.78 million in JQ 2000. Net profit for the year ended June 30, 2000 stood at Rs 41.17 million as against Rs 6.16 million for the year ended June 30, 1999. The net sales for the FY ended June 2000 stood at Rs 141.2 million as compared to Rs 24.23 million in the FY ended June 99. The Board has taken a decision to hive of its Training Division 'Soffia Infology' with effect from FY 2001-02 for which the shareholders approval will be obtained in the forthcoming AGM.

Finolex Industries appoints 2 additional directors

The Board of Finolex Industries Ltd at its meeting held on August 21, 2000, has coopted Mr. M. G. Bhide and Dr. Vasant Gowariker as the Additional Directors of the company.

Vadilal Industries JQ 2000 net profit at Rs 14.82 million

Vadilal Industries Ltd has reported a net profit of Rs 14.82 million for the quarter ended June 30, 2000 as against Rs 8.39 million in the same period last year. The net sales for JQ 2000 stood at Rs 266.45 million as compared to net sales of Rs 255.06 million in the JQ 99. However, other income of the company reduced from Rs 0.53 million in JQ 99 to Rs 0.45 million in JQ 2000. The major business of the company i.e. ice-cream and processed food products is of a seasonal nature, sales as well as profits during April to September period are usually higher than October to March Period.

Global Tele-Systems to allot equity shares under ESOS

A meeting of Committee of the Board of Directors of Global Tele-Systems Ltd. will be held on August 28,2000 to consider and approve allotment of up to 85,000 equity shares of Rs 10/- each for cash at a premium in terms of the Employees Stock Option Scheme of the company upon exercise of right of option for conversion of warrants, issued under the said scheme into equity shares.

Sangam Processors to diversify into computer business

Sangam Processors (Bhilwara) Ltd has informed BSE that at the Annual General Meeting, held on August 19, 2000 the members of the company have approved to set up and run college/university, electronic data processing centers and to carry on business of data/word processors, development of management information system, computerization feasibility study. It has been also approved that the Company will conduct, run or sponsor training, programs, courses, seminars for imparting or spreading the knowledge and use of computers, research and development computer programs and publishing and distributions of books, journals and course materials and to purchase, sell these products both in India and abroad. The Company would impart engineering and computer education, research and training to any individual or body or firm or company or association or authority and to open one or more centers for the purposes and to employ necessary personnel to run the same and to do all sort of data processing jobs and to supply, arrange, provide and meet the requirements of computer personnel of any individual or body or firm or company or association or authority, whether in India or anywhere in the world. The Company would also invest in/acquire/manage/assist overseas software companies for the fulfillment of above objectives and to develop, design, own TV Channel, media company. The company members have approved the change in the name of the company from Sangam Processors (Bhilwara) Ltd to SPBL Ltd.

Trading to commence in Helios & Matheson from August 21

BSE has informed its members that the equity shares of Helios & Matheson Information Technology Ltd. are listed on the Exchange and trading will commence from August 21, 2000. The equity shares of the company are also listed on the Chennai Stock Exchange (Regional), Hyderabad and Ahmedabad Stock Exchange. and the closing price of the scrip on Chennai Stock Exchange on August 18, 2000 was Rs. 21.00. Therefore the base price of the equity shares of Helios & Matheson Information Technology Ltd. for trading at BSE on August 21, 2000, is fixed at Rs.21.00 and the normal circuit filter of 8% will be made applicable on this base price.

BSE revises special margin on 31 scrips

BSE has informed that the following scrips, which are at present under Special Margins, will attract Special Margins as per the rates below with effect from Monday, August 21, 2000. SR. NO SCRIP CODE SCRIP NAME GROUP SPECIAL MARGIN PER SHARE (%) 1 26177 ADAM COMSOF B2 25 2 17455 ANCO COMM B2 25 3 26443 DATASOFT APPL B2 25 4 23277 G V FILMS B2 25 5 31984 GUJARAT FISCON B2 25 6 26899 HIMALAYA INT. B2 25 7 24826 JUPITER ORGA B2 25 8 31692 KHYATI MULTI B2 25 9 32035 KUMBH FINANCE B2 25 10 30411 MAGAN INDS B2 25 11 6041 MAHESH AGRO B2 25 12 32048 MALVICA ENGG B2 25 13 31417 MEGA CORPN B2 50 14 32089 MOH LTD B2 25 15 31688 OCTOGON TECH B2 25 16 321 PADMINI POLY B1 25 17 32314 PENTAGON GLO B2 25 18 3691 SAHARA INDIA B2 50 19 30501 SARVODYA LAB B2 25 20 31980 SENTIL AGRO B2 25 21 26137 SHETRON LTD B1 25 22 23033 SOUNDCRAFT I LT B1 25 23 12299 STERLING TEA B1 25 24 31707 SUN INFOWAYS B2 50 25 24470 SYNCOM FORMULAT B2 25 26 24719 TANU HEALTH B2 25 27 31554 TOP CASSETTE B2 25 28 32131 TRIUMPH INTER B2 25 29 31917 TWINSTAR SOFTWA B2 25 30 26441 VISION TECH B2 25 31 32325 VITAL COMM B2 25

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