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Gujarat JHM Hotels FY 2000 Net Loss at Rs 14.90 million

Gujarat JHM Hotels Ltd. has announced a net loss of Rs 14.90 million for the year ended March 31, 2000 as against a loss of Rs 10.47 million in FY 99. The sales for FY2000 are down by 9.64 % at Rs 62.24 million. Other income is Rs 0.28 million (FY99 Rs 0.79 million).

Trading in 12 scrips to be resumed on BSE

The BSE had suspended trading in the shares of undermentioned companies because of non-compliance of listing requirements regarding intimation of dates of closure of Register of Members/Record Dates to the Exchange. The dealings in the securities can now be resumed w.e.f May 22, 2000 Company Balaji Amines Ltd. Ellora Paper Mills Ltd. Essen Supplements India Ltd. Gazi Financial Services And Investments Ltd. Gujarat Overseas Drugs Ltd. Indo Pacific Securities Ltd. Jamna Auto Industries Ltd. Ketaki Estates & Finance Ltd. Nutraplus Products (India) ltd. Panjon Ltd. Sanmitra Commercial Ltd. Shreemukh Finance & Investment Ltd .

Gammon India FY 2000 Net Profit up by 39.66 % at Rs 139.80 million

Gammon India Ltd has announced a net profit of Rs 139.80 million for the year ended March 31, 2000 as against Rs 100.10 million in FY 99. The sales for FY2000 are up by 37.86% at Rs 4526.50 million as compared to Rs 3283.40 million in FY 99. Other income is Rs 6/- million (MQ99 Rs 6.50 million).

Mirc Electronics FY 2000 Net Profit up by 70.61 % at Rs 461 million

Mirc Electronics Ltd. has announced a net profit of Rs 461 million for the year ended March 31, 2000 as against Rs 270.20 million in FY 99. The sales for FY 2000 are up by 15.77 % at Rs 7971.90 million. Other income is Rs 26.50 million (FY99 Rs 54.30 million).

Autoriders Industries to change name,fix record date for rights issue

The Board of Directors of Autoriders Industries Ltd will meet on May 22, 2000 to consider the following business 1. To appoint Mr. N Dwarkanath as Additional Director and thereafter as Managing Director of the Company 2. To take note of the change in name of the company from Autoriders Industries Ltd to Agee Gold Refineries Ltd. 3. Appointment of Lead Managers, Bankers and Registrars to the rights issue 4. To fix up the record date for the proposed rights issue of equity shares in the proportion of 1(One)New share being offered for every 2 (Two)existing shares held 5. To appoint Mr. Mukesh Patel as Vice-Chairman of the Company. 6. To approve the Directors report for the working of the company for the year ended 31/03/2000.

Badal Exports approves amalgamation of Capricorn Systems

The Board of Directors of Badal Exports & Consultants Ltd at its meeting held on May 19, 2000 has approved the proposed scheme of amalgamation of Capricorn Systems Global Solutions Private Ltd with the company. The swap ratio approved was also as follows: 3 equity shares of Rs 10 each shall be allotted as fully paid up in the capital of Badal Exports & Consultants Ltd to the shareholders of Capricorn Systems Global Solutions Pvt. Ltd for every 1 equity share held by them.

Selan Exploration buys back 50,100 equity shares

The Directors of Selan Exploration Technology Ltd has informed the BSE that the company has purchased 50,100 equity shares through the open market for a total consideration of Rs 5,47,593 on May 19, 2000. Cumulatively 1,96,900 shares have been bought for a total cumulative consideration of Rs 21,67,999.

Marico board meeting on May 26, 2000

A meeting of the Board of Directors of Marico Industries Ltd. has been convened on May 26, 2000 for consideration of first interim dividend on the equity shares of the company for the financial year 2000-2001.

OCL India FY 2000 Net Profit up 51.17 % at Rs 57.90 million

OCL India Ltd. has announced a net profit of Rs 57.90 million for the year ended March 31, 2000 as against Rs 38.30 million in FY 99. The FY 2000 sales are up by 21.24 % at Rs 3188.70 million. Other income is Rs 83.60 million (FY99 Rs 92.80 million). Hitherto, for valuation of finished and partly finished goods, cost was determined based on direct cost method. Last Year, excise duty was also included in cost of raw materials and inputs. From this year the cost has been determined in accordance with the Accounting Standard (AS-2) on inventory valuation issued by the Institute of Chartered Accountants of India resulting in increase in the value of inventories and consequently the profits of the year by Rs 27.30 million.

Narmada Chematur MQ 2000 Net Profit at Rs 17.60 million

Narmada Chematur Petrochemicals Ltd. has announced a net profit of Rs 17.60 million for the quarter ended March 31, 2000. The sales for MQ 2000 are at Rs 735.40 million. Other income is Rs 12.30 million The net loss for the year ended March 31, 2000 is at Rs 93.40 million, as compared to a loss of Rs 117.30 million in the previous financial year. The annual sales are 59.20 % up at Rs 2157.90 million as against Rs 1355.50 million in the financial year ending March 1999.

Amara Raja Batteries MQ 2000 Net Profit down by 69.84 % at Rs 44.01 million

Amara Raja Batteries Ltd. has announced a net profit of Rs 44.01 million for the quarter ended March 31, 2000 as against Rs 145.93 million in MQ 99. The sales for MQ 2000 are down by 38.74 % at Rs 369.94 million. Other income is Rs 16.38 million (MQ99 Rs 13.29 million). The profits for the year ended March 31, 2000 are Rs 195.36 million, as compared to Rs 438.94 million in the previous financial year. The annual sales are 28.71 % down at Rs 1086.45 million as against Rs 1524 million in the financial year ending March 1999.Other income for FY 2000 is Rs 59.91 million (FY 99 Rs 42.38) million.

Themis Chemicals MQ 2000 Net Profit at Rs 2.72 million

Themis Chemicals Ltd. has announced a net profit of Rs 2.72 million for the quarter ended March 31, 2000 as against a loss of Rs 1.91 million in MQ 99. The sales are up by 55.43 % at Rs 123.16 million. Other income is Rs 2.73 million (MQ99 Rs 0.60 million).

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