Mahindra Forgings Ltd has informed that the Remuneration / Compensation Committee at its meeting held on February 26, 2008 has granted 4,03,000 options under the Companys Employee Stock Option Scheme to certain eligible employees of the Company.

Details of the options granted are as follows:

1. a. Number of options granted at exercise price of Rs 83/- per option: 3,91,000 Options.

b. Number of options granted at exercise price of Rs 197/- per option: 12,000 options.

2. Number of ordinary shares covered under the option granted : 4,03,000 equity shares of Rs 10/- each.

3. Vesting period : Minimum one year from the grant of options.

4. Exercise period : Within a period of five years from the date of vesting.

The Remuneration / Compensation Committee considered and approved the Grant of Options to the employees which shall vest in four installments in the following manner:

i. 25% of the total number of Options granted on February 26, 2009.

ii. 25% of the total number of Options granted on February 26, 2010.

iii. 25% of the total number of Options granted on February 26, 2011.

iv. 25% of the total number of Options granted on February 26, 2012.

The grants have been made as per the terms and conditions of the Companys Employee Stock Option Scheme.

Via :

Mahindra & Mahindra Financial Services Ltd has reported Extra Ordinary General Meeting (EGM) of the members of the Company that will be held on February 19, 2008, inter alia, to manage the following:

1. To enlarge the Authorised Share Capital of the corporation from Rs 140,00,00,000 divided into 9,00,00,000 Crores evenhandedness Shares of Rs 10 (Rupees Ten), each and 50,00,000 (Fifty Lakhs) usable Preference share of Rs 100 every to Rs 160,00,00,000 (Rupees One Hundred Sixty Crores) alienated into 11,00,00,000 (Eleven Crores) impartiality Shares of Rs 10 (Rupees Ten) each and 50,00,000 (Fifty Lakhs) usable favorite share of Rs 100 (Rupees Hundred) each by the creation of more 2,00,00,000 (Two Crores) impartiality Shares of Rs 10 (Rupees Ten) each and consequential modification in the Clause V of the memo of Association and article of Association of the corporation.

2. Authority to the Board to generate, offer, subject and allot to TPG-Axon (Mauritius) II Ltd and Standard Chartered Pvt Equity (Mauritius) Ltd cumulatively upto 1,09,00,000 (One Crore Nine Lakhs) fairness share of Rs 10 (Rupees Ten) every at a premium of Rs 370 (Rupees Three Hundred Seventy) per share aggregate Rs 414,20,00,000 (Rupees Four Hundred and Fourteen Crores Twenty Lakhs) in conditions of and on the conditions specified in the SEBI (Disclosure & Investor Protection) Guidelines, 2000, on a preferential allotment basis and on generally various terms of and situation and in such manner as the Board may think fit, without offering the same to any persons who at the date of offer are holders of evenhandedness Shares of the Company, subject to necessary supplies and approvals.

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Alok Industries Ltd has informed that the members of the Company will consider approving the following Resolutions by way of Postal Ballot——————-
1. To offer and issue for cash on a preferential basis
(i) upto 13,75,000 Equity Shares of face value Rs 10/- each of the Company at a premium of Rs 92/- per share to the Promoter Group of the Company being the price determined In accordance with the SEBI (Disclosure and Investor Protection) Guidelines, 2000, as in force on the date of this Notice on or before February 26, 2008; and
(ii) upto 2,00,00,000 Warrants to the Promoter Group of the Company, each Warrant entitling the holder thereof to apply for and be allotted one equity share of the Company, on payment of an exercise price of Rs 102/- per share, (including premium of Rs 92/- per share) being the price determined in accordance with the SEBI (Disclosure and Investor Protection) Guidelines, 2000, as in force on the date of this Resolution, at any time within 18 months from the date of allotment of the Warrants, in two stages viz.
(a) upto 1,00,00,000 Warrants to be converted into Equity Shares on or before March 31, 2009; and (b) upto 1,00,00,000 Warrants to be converted into Equity Shares on or before July 31, 2009 and on such terms as may be deemed appropriate by the Board, subject to necessary provisions & approvals.
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Hotel Leelaventure Ltd has informed that the Committee of Directors on Issues of the Board of Directors, in its meeting held on January 11, 2008, has allotted 3,44,514 nos. of fully paid up Equity Shares of the Company to one of the euro FCCB bondholders who has exercised the option to convert 300 bonds of Euro 1000/- each aggregating to Euro 3,00,000/- into equity shares at Conversion price pursuant to the terms and conditions of the Offering Circular dated September 13, 2005. These equity shares will rank pari passu with the existing equity shares of the Company.

With the allotment of the above shares the Equity Shares upon conversion stands increased from present level of 37,28,86,946 nos. to 37,32,31,460 nos. Equity Shares of Rs 2/- each.

D-Link ……………………… Ltd has informed ………….. that the Company has received an ……………. for payment of differential ……………. duty of Rs 3.41 crores under Section 11A (2) of the ……………… Excise Act, 1944 for the ……………. February 01, 2001 to ……………. 31, 2005 and equivalent ……………… of penalty under Section 11AC of the Central ………………. Act, 1944 read with Rule 173Q of the ……………… Excise Rules, 1944 and Rule 25 of the Central ………………. Rules, 2002 along with ………………. interest thereon as per the applicable rates ……………. the Central Excise Act, 1944.

The ………….. is taking legal opinion on the above order and …………….. keep posted of any ……………… action taken by the Company in the ……………. matter.

Read More : www.bseindia.com

Geometric Ltd has announced that Geometric Technologies, Inc. (formerly TekSoft, Inc.), an industry leader in developing advanced manufacturing software, recently held reseller conferences in America, Europe and Asia………………………

Mike Coleman, CEO of Geometric Technologies, hosted all the meetings and reiterated the Companys gratitude and continuing support to the Value Added Resellers (VARs) for promoting and supporting CAMWorks®. Commenting on the outcome of the meetings, he said, With over 50 enhancements in CAMWorks 2008, our VARs were excited to learn how these new capabilities can help their customers to machine faster and more accurately. Our resellers are the first line of support for our customers and the training sessions prepared them to provide quality support services and training. In addition to the CAMWorks 2008 rollout, we outlined our plans for CAMWorks 2008EX and CAM Works 2009. This will help our VARs to prepare for supporting the next major releases……………………..

Geometric Technologies has also added new VARs in Europe and Asia to strengthen its operations in these regions…………………….

CAM Works is a SolidWorks Certified Gold CAM product with state-of-the-art machining capabilities seamlessly integrated into SolidWorks 3D mechanical design software since 1997. The combination of the latest innovations in CAMWorks 2008 and Solid Works excellence in design continue to make CAM Works a premier CAM solution…………………………..

CAMWorks can be purchased to run with SolidWorks or as a cost-effective package - CAM Works Solids, a standalone version of CAMWorks, with integrated solid modeling capabilities……………………………
Read More: raga direct.com

Shipping Corporation of India Ltd has represented so as to Companies in the Board have in a provisions of communication conventional opening the office of delivery, Road Transport & Highways, appointed Shri. S C Tripathi as a non-official part-time administrator in the Board of director on this company. The gathering has a just take effect; however, since the support for meeting was required by way of spherical declaration, confirmation from all Directors is expected.Today this company is reported in batter excellent result in last target.So I am say Stock and Stock market price will be increased.

Source : www.ragadirect.com

Punjab Tractors Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a profit after tax of Rs 98.00 million for the quarter ended September 30, 2007 as compared to Rs 183.00 million for the quarter ended September 30, 2006. Total Income has decreased from Rs 2273.00 million for the quarter ended September 30, 2006 to Rs 2069.00 million for the quarter ended September 30, 2007.

IOL Broadband Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 27, 2007 to December 28, 2007 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on December 28, 2007.

They are reported in batter excellent Stock Result in last quarter ended.So I am Say Stock And Stock Market price will be increased.The current Stock Market price is Rs.510 for three month target of Rs.550.

Tata Motors Ltd has informed BSE that August 12, 2005, has been fixed as Record Date for the purpose of exchange of shares of Tata Finance Ltd for shares of Tata Motors Ltd i.e. Every Equity Shareholder of the Company will be allotted 8 ordinary shares of Rs 10/- of Tata Motors Ltd in exchange for every 100 Equity Shares of Rs 10 each of the Company.

Today this company is reported batter excellent result in last quarter ended and current Share market price Rs.34 for three month target Rs.50.