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March 18-20, 2000

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Hughes Software to consider interim dividend

The Board of Directors of Hughes Software Systems Ltd will meet on March 21, 2000 to consider the payment of interim dividend for the financial year 1999-2000.

Elgitread declares 30% interim dividend

The Board of Directors of Elgitread (India) Ltd, at its meeting held today, has declared an interim dividend of Rs 3/- per share for the year 1999-2000. The board has fixed May 5, 2000 as the record date for the payment of interim dividend.

Zodiac-JRD-MKJ to consider interim dividend

The Board of Directors of Zodiac-JRD-MKJ Ltd will meet on March 24, 2000 to consider the payment of interim dividend for the year ended March 31, 2000.

Premier Explosive plan to tie up with Hindustan Lever

The Board of Directors of Premier Explosives Ltd (PEL) has approved Draft Lease agreement proposed to be entered with Hindustan Lever Ltd (HLL) for wet lease of their canning facility situated at mushroom farm at Kalakal. Under the agreement HLL will purchase the entire production of mushrooms from PEL and process and sell the same in their own brand name.

The following companies will hold their board meeting to consider the declaration/payment of interim dividend.

Kesoram Industries Ltd (March 24, 2000)
The Ruby Mills Ltd (March 27, 2000)
Gammon India Ltd (March 30, 2000)
Infotech enterprises Ltd (March 30, 2000)
Suashish Diamonds Ltd (March 13, 2000)
Sanagam India Ltd (April 3, 2000)
Usha Beltron Ltd (March 21, 2000)
Gabreil India Ltd (April 4, 2000)
VST Tillers Tractors Ltd (March 20, 2000)
Tata-Yodogawa Ltd (March 28, 2000).

Synergy Log-in to consider options/ preferential offer

The Board meeting of Synergy Log-in Systems Ltd is scheduled on March 24, 2000 to consider a proposal to consider issue of options\ shares to the employees\ Executive Directors\ Wholetime Directors\ under ESOP\ Preferential Offer of shares subject to the applicable laws and approval of shareholders. The meeting will also convene an EGM of the members of the company for giving effect to the above proposal.

G V Films to preferential allotment to Asian Online Plc, London

The Board of Directors of G V Films Ltd will meet on March 23, 2000 to consider preferential allotment of new equity shares to M/s Asian Online Plc, London and to Mr Mahadevan Ganesh, Chennai. The allotment is as approved by the members at the EGM on that date and subject to approvals from the Government Authorities.

Sun Pharma declares 40% second interim dividend

The Board of Directors of Sun Pharmaceutical Industries Ltd at its meeting held today has declared second interim dividend at the rate of 40 % on the paid up capital of the company for the year ended March 31, 2000. The record date for the aforesaid interim dividend has been fixed as March 23, 2000. The Board has further indicated that hereafter no further interim or final dividend will be declared/recommended for the year ended March 31, 2000.

Patel Engineering declares 130% interim dividend

The Board of Directors of Patel Engineering Ltd at its meeting held on March 17, 2000, has declared an interim dividend of Rs 13/- per fully paid up share (130%). This dividend is over and above the interim dividend already paid for the year ending on March 31, 2000.FONT>

Alok Textiles to consider preferential allotment

The Board of Directors of Alok Textiles Ltd will meet on March 21, 2000 to consider and approve the allotment and issue of equity shares to Industrial Development Bank of India and IFCI Ltd. The said allotment and issue is being made as an outcome of both the said Public Financial Institutions exercising their options to convert the Optionally Fully Convertible Debentures and Preference Shares respectively subscribed by them in the company into equity shares. At the said meeting, it is also proposed to consider and approve the allotment and issue of equity shares to

Chrysalis Information Systems Ltd being the part consideration, in kind for acquiring a stake of 26% in the said company.
Promoters of the company as preferential allotment.

The aforesaid allotments, if made, shall be as per the SEBI gudelines.

Trading resumed in six scrips, only on trade-to-trade basis

The Bombay Stock Exchange has informed its members that the trading in the following shares shall be resumed from Tuesday, March 21, 2000. Trading in these shares will, however, be permitted only on a trade-to-trade basis.

Top Cassettes Ltd.
Alps Infosys Ltd.
VMF Softech Ltd.
Media Video Ltd.
Cauvery Software Engineering Systems Ltd.
Net Vista Information Technology Ltd.

Trading in Consortex Karl to resume from March 21

The BSE has informed its members that the trading in the equity shares Consortex Karl Doelitzsch (India) Ltd (scrip code 31852) will be resumed w.e.f. Tuesday, March 21, 2000.

Adeshwar Cotton declares 5 % Interim Dividend

The Board of Directors of Adeshwar Cotton Industries Ltd has approved the proposal for payment of an interim dividend of 5 %. The interim dividend will be payable to those members whose name appear on the register of members on May 25, 2000.

Bajaj Hindustan declares 25 % Interim Dividend

The Board of Directors of Bajaj Hindustan Ltd has declared interim dividend at 25 % on the equity shares of Rs 10/- each (fully Paid up) of the company for 1999-2000. The Board has fixed May 3, 2000 as the record date for the interim dividend.

Octagon Technology declares 10 % Interim Dividend

The Board of Directors of Octagon Technology Ltd has declared interim dividend at 10 % for all equity shareholders as on the record date: 24/04/2000.

Bliss Chemicals Quarterly results on April 3, to consider Interim Dividend

The Board of Directors of Bliss Chemicals & Pharmaceuticals India Ltd will meet on April 3, 2000 to consider the unaudited results for the quarter ended March 2000. The Board will also consider at is meet at its meeting the payment of interim dividend for the financial year 1999-2000.

Keswani Synthetics DQ 99 net profit at Rs 15.727 million (DQ98 Rs 20.52 million)

Keswani Synthetics Ltd has announced a net profit of Rs 15.727 million for the quarter ended December 31, 1999 as against Rs 20.52 million for the same period in the previous financial year. The sales for the period is Rs 154.792 million as compared to Rs 156.993 million in DQ 98. The other income is Rs 0.229 million (DQ 98 Rs .071 million).

Bhagyanagar Metals declares 20% Interim Dividend

The Board of Directors of Hyderabad-based Bhagyanagar Metals Ltd, at its meeting held on March 17, 2000 has approved the payment of interim dividend at the rate of 20% on the equity share capital of the company. The dividend will be paid to members whose names appear on the Register of members as on April 29, 2000.

Surana Telecom to consider Preferential allotment at Rs 125/- per share

The Board meeting of Surana Telecom Ltd will be held on March 17, 2000 to consider allotment of 1,75,800 equity shares of Rs 10/ -each at a premium of Rs 115/- on preferential basis. The allotment is in accordance with the authority granted by the members of the company at their Extra-ordinary General meeting held on January 18, 2000. The Board at its meeting shall also consider payment of interim dividend @ 15% on the equity share capital of the company.

Elcid Investments to consider Interim Dividend

The Board meeting of Elcid Investments Ltd is scheduled on April 10, 2000 to consider and recommend payment of interim dividend on equity shares, for the year ending March 31, 2000.

A P Paper declares Rs 15/- per share interim dividend

The Andhra Pradesh Paper Mills Ltd has declared an interim dividend of Rs 15/- per equity share of the face value of Rs 100 each. The Board has fixed April 28, 2000 as the record date for the purpose of determining the names of the shareholders who shall be eligible for the interim dividend.

Vorin Laboratories Annual results on March 31, 2000

The Board of Directors of Vorin Laboratories Ltd will meet on March 31, 2000 to consider the Audited financial results for the Year ended December 31, 1999.

Siddhartha Tubes provides Exit Route to shareholders in Gujarat & West Bengal

The record date of Siddharth Tubes Ltd, for the purpose of providing exit route to the disentient shareholders of Gujarat and West Bengal region, who want to dispose of their securities because of delisting of securities from Ahmedabad & Calcutta Exchange.

Visaka Industries Board meeting rescheduled

The Board of Directors of Visaka Industries Ltd that was supposed to be held on March 30, 2000 has been postponed to March 31, 2000. The Board will consider among other matters the declaration of interim dividend.

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