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Our Bureau

Coimbatore, March 5 Blue Star Infotech Ltd’s equity shareholders have approved the Scheme of Amalgamation of Ashok Sunil & Company Pvt Ltd with Blue Star Infotech Ltd with requisite majority.

Godrej Consumer Products Ltd has said that the rights issue committee of the Board of Directors at its meeting held on March 4 has approved, with respect to the issue, rights entitlement ratio of 1:7 (one equity share of the face value of Re 1 each for every 7 equity shares held on record date) and rights issue price of Rs 123 per equity share (including a premium of Rs 122 per share).The entire amount of Rs 123 per share shall be payable on application. The company has fixed March 19 as the record date for the purpose.

LG Balakrishnan & Bros Ltd has said that a meeting of the equity shareholders will be held on March 27 for the purpose of considering, and if thought fit, approving, with or without modification, the Scheme of Arrangement between the company and LGB Forge Ltd and their respective shareholders.

NMDC Ltd has said that an EGM of the members will be held on April 3 for considering the issues pertaining to stock split, issue of bonus shares and amendment to Memorandum & Articles of Association.

Pratibha Industries Ltd has secured a contract for construction of 900 MLD capacity water pumping station at Bhandup complex from Municipal Corporation of Greater Mumbai. The project is in joint venture with Kirloskar Brothers Ltd. The total value of the contract is Rs 53.81 crore and is to be executed in 30 months.

Simplex Projects Ltd has been awarded the contract for development and management of multi-level car parking project at Salt Lake, Kolkata under Build Operate and Transfer (BOT) basis under joint venture with Kolkata Metropolitan Development Authority.

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