Divis Laboratories Ltd has informed BSE that Dr P. Gundu Rao, Director (R&D) of the company has resigned as whole-time Director of the company effective June 1. Dr Gundu Rao will, however, continue as a Non-Executive Director of the Company.

Kirloskar Brothers Investments Ltdhas informed BSE that on account of the acquisition of shares of the Kirloskar Pneumatic Company Ltd (KPC) from promoters of the company through interse transfer of shares amongst the Group through market, the company's holding in KPC has gone up from 35.4 to 50.58.

Sasken Communication Technologies Ltdhas informed BSE that pursuant to the public announcement dated November 15, 2010 and Corrigendum dated November 30, 2010, the company commenced buy back of its equity shares on December 02, 2010. As on May 23, the Company has bought back 21,62,000 equity shares for Rs 34.43 acres (exclusive of brokerage, tax, etc), be 99.69 of the maximum offer size of Rs 34.54 crore. The number of shares bought back is more than the committed minimum buy back of 6,88,750 equity shares as stated in the Corrigendum dated November 30, 2010. The committee of directors of the board constituted. for the purpose of buy back has, by a resolution of date decided that the company will not place any buy orders under the buy back after May 26, the laste date for buy back

Martin Burn Ltd has informed BSE that the extraordinary general meeting (EGM) of the members of the company was held on May 23, and that only resolution as proposed for obtaining the approval of shareholders for issue of equity share warrants to the non-promoters on preferential basis was approved unanimously by the shareholders of the company present in the meeting.

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