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Coimbatore, Aug. 5 With reference to the 100 per cent subsidiary of Adhunik Metaliks Ltd, ‘Orissa Manganese & Minerals Ltd’, Adhunik Metaliks Ltd has said that the Central Government has in-principle approved (on the recommendation of forest advisory committee) diversion of 141.147 ha of forest land for iron ore mines in Ghathuri Iron Ore Mines situated at Singhbhum district of Jharkhand and advised the company to deposit the net present value of the forest area to the State Government. Based on the above approval, the company envisages starting extraction of iron ore in the forthcoming quarter. It has further stated that temporary working permission has been granted in already broken up forest area of 92.365 ha for a period of one year in respect of Patmunda Manganese Ore mines situated in district Sundergarh, Orissa. The proposal has been granted by the Central Government on the basis of recommendation of the forest advisory committee.

Dr Agarwals Eye Hospital Ltd has received necessary approvals from the Government of Mauritius for setting up and running of clinics of ophthalmology, optical shop, pharmacy, clinical and diagnostic laboratories in Republic of Mauritius under joint venture arrangement. This will be the company’s first step to enter the global market of ophthalmology.

Godawari Power & Ispat Ltd has received final approval from the Government of India, Ministry of Environment & Forest for diversion of 106.60 hectare of forest land for Ari Dongri Iron Ore Mines in Bhanupratappur Forest Division in Kanker District of Chhattisgarh.

Sundaram Finance Ltd has fixed August 25 as the record date for issue of bonus shares in the proportion of one equity share for every equity share held.

Venus Remedies Ltd has said that the company’s oncology manufacturing facilities, Oncology Liquid and Lyophilized, have been accredited with the European GMP certification paving the way for the company’s immediate entry into regulated markets of Europe.

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