8 December, 2008

Jet Airways

Jet Airways India Ltd has informed BSE that the Company has entered into the following Agreements, for the lease-out, on a Wet Lease basis, of Aircraft that were rendered surplus consequent to the route re-structuring and cost saving programme undertaken by the Company to counter the effects of the economic slowdown and global financial crisis: 1. Wet Lease Agreement with Gulf Air Company G S C, Bahrain, for the leasing-out of two A330-200 Aircraft for a period of four months. 2. Wet Lease Agreement with Turkish Airlines Inc, Turkey, for the leasing-out of three B777-300 ER Aircraft for a period of six months. Wet Lease means that the operational control and maintenance responsibility remains with the Company. The aircraft remains on Indian registry and is operated with Jet Airways crew.

Source: BSE    Date:8 December, 2008 

JK Lakshmi Cement

JK Lakshmi Cement Ltd has informed BSE that Life Insurance Corporation of India has withdrawn nomination of Shri. V K Guruswamy from the Board of Directors of the Company.
Source: BSE    Date: 8 December, 2008 

House of Pearl Fashions

House of Pearl Fashions Ltd has informed BSE that the Company has through Multinational Textiles Group Ltd, Mauritius, a wholly owned subsidiary of the Company, entered into a Share Purchase Agreement for acquisition of 38% of Ordinary Shares of Nam Long Garment Joint Stock Company, Vietnam. Nam Long Garment Joint Stock Company is engaged into the business of manufacturing of readymade garments in Vietnam and has production capacity of 3 million pieces per annum. This acquisition will enable the Company to establish a manufacturing base in Vietnam.
Source: BSE    Date: 8 December, 2008 

Usher Agro

Usher Agro Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 05, 2008, inter alia, has recommended the payment of dividend @ 5% i.e. Re 0.50 per equity share of the face value of Rs 10 each on 21,262,239 equity shares, subject to declaration of the same by the members in the ensuing Annual General Meeting. The total payout on account of the dividend including corporate dividend tax will be Rs 124,378,79/-. 2. Subject to approval of the members in the ensuing Annual General Meeting, the Board of Directors at their meeting held on December 05, 2008 approved the issue of Shares pursuant to provisions of section 81(1A) of the Companies Act, 1956, through Qualified Institutional Placement pursuant to provisions of Chapter XIII-A of the Securities & Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 and / or Depository Receipt Mechanism Scheme, 2003, either by way of issue of more than one kind of securities, including those issued pursuant to conversion of convertible securities, or Foreign Currency Convertible Bonds (FCCB) or any such or any other permissible instrument(s) or security(ies) convertible into or exchangeable with equity shares upto an amount of Rs 150 crores.
Source: BSE    Date: 8 December, 2008

Phil Corporation

PHIL Corporation Ltd has informed BSE about the Unaudited financial results for the Quarter ended September 30, 2008.

Source: BSE    Date: 8 December, 2008 

Yamini Investments Ltd

Yamini Investments Ltd has informed BSE about the Unaudited financial results for the Quarter ended September 30, 2008.

Source: BSE    Date: 8 December, 2008 

Zensar Technologies

Zensar Technologies Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have approved the Ordinary Resolutions as mentioned in the notice of Postal Ballot dated October 17, 2008, with requisite majority.

Source: BSE    Date: 8 December, 2008 

Axis Bank