PATNI | Patni Computer Systems Limited | BUY BACK

PATNI | Patni Computer Systems Limited | BUY BACK

SPA Merchant Bankers Limited has informed the Exchange that the Company has bought back 3,253,760 Equity Shares on Stock Exchanges for the fortnight ended August 20, 2008 for an aggregate consideration of Rs. 743.55 Million being 31.37% of the total Buy Back Size of Rs. 2370 Million. A copy of the public notice dated August 21, 2008 published in the news papers dated August 22, 2008 shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

KNL | Karuturi Networks Limited | Dividend

KNL | Karuturi Networks Limited | Dividend

Karuturi Networks Limited has informed the Exchange that the Board of Directors at their meeting held on August 25, 2008 inter alia transacted the following business: 1) Proposed a dividend of 20% on the paid up equity share capital of the Company. 2) Decided to call for the Annual General Meeting on September 26, 2008. 3) Fixed the Book closure date from September 24, 2008 to September 26, 2008 (Both days inclusive). 4) Confirmed the vesting of 14,24,250 (1,42,425 options prior to stock split) options under the Employees Stock Option Plan of the Company. A total of 42,03,000 (4,20,300 options prior to stock split) options were granted to the eligible employees of the Company under ESOP on August 17, 2007.

I-FLEX | I-Flex Solutions Limited

I-Flex Solutions Limited has informed the Exchange that the Annual General Meeting (AGM) of the members of the Company was held on August 22, 2008, where the members of the Company: 1) Re-appointed Mr. Y M Kale, Ms. Tarjani Vakil and Mr. Charles Phillips as directors retiring by rotation. 2) Appointed M/s S. R. Batliboi & Associates, Chartered Accountants as Statutory Auditors of the Company from the conclusion of this AGM till conclusion of next AGM. 3) Authorized the Board of Directors to appoint Branch Auditors of the Company. 4) Appointed Mr. Sergio Giacoletto Roggio as Director liable to retire by rotation. Further, Mr. S. P. Bharucha, who held office as a Director of the Company till the conclusion of this Annual General Meeting and retired by rotation, did not offer for re-appointment and has ceased to be a Director of the Company with effect from August 22, 2008.

GUJAPOLLO | Gujarat Apollo Industries Limited | Dividend

GUJAPOLLO | Gujarat Apollo Industries Limited | Dividend

Gujarat Apollo Industries Limited has informed the Exchange that the Board of Directors, at their meeting held on August 23, 2008 has recommended dividend of Rs.3/- per equity share (previous year Rs 2/-). Further, the Board of Directors of the Company has considered issue of bonus equity shares in the proportion of one equity share for every two equity shares held on the record date, to be decided in due course of time.

KEYCORPSER | Keynote Corp. Serv. Ltd.

AGM

Keynote Corp. Serv. Ltd. has informed the Exchange that the Meeting of the Board of Directors held on August 22, 2008, considered and approved, subject to approval of shareholders in the ensuing Annual General Meeting of the Company, the following : Recommended dividend of Re.1/- per equity share, (i.e. 10%). Further, the Annual General Meeting (AGM) of the Company is scheduled to be held on September 24, 2008. The Register of Members will remain closed for the purpose of payment of dividend and Annual General Meeting (AGM) from September 19, 2008 to September 24, 2008 (both days inclusive).

RELBANK | Reliance Mutual Fund -Banking Exchange Traded Fund (ETF)

RELBANK | Reliance Mutual Fund -Banking Exchange Traded Fund (ETF)
Reliance Capital Asset Management Limited has informed the Exchange that the Net Asset Value (per unit) of Reliance Banking ETF as on August 22, 2008 is Rs. 580.5540.

INDSWFTLTD | Ind-Swift Limited | Dividend

INDSWFTLTD | Ind-Swift Limited | Dividend

Ind-Swift Limited has informed the Exchange that the Board of Directors at their meeting held on August 23, 2008 has recommended a dividend of 20% on equity shares of Rs. 2/- each.

RELGOLD | Reliance Mutual Fund - Gold Exchange Traded Fund

RELGOLD | Reliance Mutual Fund - Gold Exchange Traded Fund

Reliance Capital Asset Management Limited has informed the Exchange that the Net Asset Value (per unit) of Reliance Gold ETF as on August 22, 2008 is Rs. 1,143.1124.

IBRETAILS | Indiabulls Retail Services Limited

IBRETAILS | Indiabulls Retail Services Limited

Indiabulls Retail Services Limited has informed the Exchange that "Mr. Sameer Gehlaut has resigned from the office of the Director of the Company, with effect from today i.e. August 22, 2008".

NECLIFE | Nectar Lifesciences Limited

NECLIFE | Nectar Lifesciences Limited

Nectar Lifesciences Limited has informed the Exchange that the Board of Directors in their meeting held on August 22, 2008 has approved the followings: 1) The signing of non binding term sheets for issue of preferential equity with: a) Citi Venture Capital International, b) Everest Capital (M) Limited. 2) The issue of GDRs/ ADRs/ or any other international offering up to 50 Million US Dollars. To seek approval of shareholders for the above purposes u/s 81(1A) of the Companies Act, 1956, an Extra - Ordinary General Meeting of the company is proposed to be convened on September 16, 2008.