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Market info for Tuesday, Feb 15

Updated on: Feb 15, 2011

McNally Bharat Engineering Company Ltd has informed BSE that the company has received an order from Goa Shipyard Ltd for the supply of one number 45 tonne level Luffing Crane for Jetty. The order value is worth Rs 13.81 crore inclusive of taxes and duties. The schedule time for completion is 14 months.

Nouveau Multimedia Ltd has informed BSE that the board of directors of the company at its meeting held on February 14, 2011, inter alia, unanimously approved sub-division of equity shares of face value of Rs 10 each into 10 equity shares of Re 1 each.

It has also given its nod for the calling of Extra-Ordinary General meeting on March 11, 2011 to obtain the approval of shareholders for sub-division of equity shares.

Mcleod Russel India Ltd has informed BSE that according to reports in the press, the Government of Rwanda in its Cabinet meeting held on February 11, 2011, has approved the sale of 60 per cent shares of Gisovu Tea Company Ltd to Borelli Tea Holdings Ltd, UK a wholly-owned subsidiary of the company.

The official communication and procedures for completion of the transaction are awaited.

GEI Industrial Systems Ltd has informed BSE that the company has secured four orders worth Rs 60 crore for supplying air cooled vacuum steam condensers from three Indian companies - Ultratech Cements, Sravanthi Infratech and Wonder Cement.

Helios and Matheson Information Technology Ltd has informed BSE that the board of directors of the company at its meeting held on February 14, 2011, inter alia, has recommended a dividend of Re. 1.50 per share.

Southern Ispat and Energy Ltd has informed BSE that the board meeting held on February 14, 2011, inter alia, has taken on record the resignation tendered by Mr Sivaramakrishan, Independent Director of the company, with effect from February 1, 2011.

Published on February 15, 2011

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