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Tuesday, Jul 29, 2008
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Coimbatore, July 28 Camlin Ltd has fixed August 29 as the record date for the subdivision of equity shares of face value of Rs 10 each into ten shares of Re 1 each.

Emmsons International Ltd has signed shareholder’s agreement for the joint venture in mining and marketing of coal with ETA Star International LLC, Dubai.

Federal Bank Ltd has acquired 4.99 per cent of shares of Catholic Syrian Bank, subject to approval of Reserve Bank of India.

Jaiprakash Hydro Power Ltd has constituted a Committee of Directors to look into and suggest various options of restructuring including amalgamation of companies having synergy with its business.

Following the sanction of the Scheme of Amalgamation of KCP Biotech Ltd with The KCP Ltd by the High Court of Judicature at Madras, w.e.f. April 1, 2007, the results of KCP Biotech Ltd are to be merged with the results of The KCP Ltd for the year ending March 31, 2008.

The company will present the consolidated results of The KCP Ltd for approval of the Board on July 31.

Seshasayee Paper and Boards Ltd’s Board of Directors has decided to embark on the mill development plan - phase II, to scale up the installed capacity of the mill from 1,15,000 tonnes per annum to 2,25,000 tpa at an estimated cost of Rs 350 crore.

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