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Our Bureau

Coimbatore, Aug. 27 Ansal Properties & Infrastructure Ltd has said that the sub committee of directors has allotted 20,73,770 ROCDs of Rs 100 each by way of preferential issue to HDFC Ventures Trustee Company Ltd at a price of Rs 305. The ROCDs are fully paid up. The allotment has been made in terms of applicable legal provisions.

Bartronics India Ltd has launched four smart-card based products during the Smart Cards Expo at New Delhi on August 27. These products are targeted at software development companies to use for application development (for SIM, Mass Transit and other embedded systems applications) using smart cards manufactured by Bartronics. Hind Rectifiers Ltd has fixed October 7 as the record date for the issue of bonus shares in the ratio of one equity share for every share.

Jyothy Laboratories Ltd’s Board of Directors at its meeting held on August 27 has approved sub-division of equity shares of Rs 5 each into shares of Re 1 each.

Opto Circuits India Ltd has called for a meeting of the Board of Directors on September 4 to discuss various options like FCCB/GDR/ preferential allotment / private placement/debt/public offering/QIP and any other form of raising funds for its future expansion, growth, joint ventures, acquisitions and research and development activities and also to discuss other matters.

SEL Manufacturing Company Ltd has clarified that the Russia-Georgia war has not put any effect on the company’s operations which are being carried out according to the schedule.

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