Monday, March 14, 2005

Hexaware Technologies - Stock Split 1:5


Hexaware Technologies Ltd has informed BSE that the Board of Directors of the company at its meeting held on February 21, 2005, has recommended a split of one equity share of face value Rs 10/- each to five equity shares of face value Rs 2/- each.
Hexaware Technologies Ltd has informed BSE that the Register of Members and the Share Transfer Register will remain closed from April 01, 2005 to April 04, 2005 (both days inclusive) for the purpose of dividend & Twelfth Annual General Meeting of the Company to be held on April 04, 2005.
*Stock may go high by 31st March. Hexaware Tehcnologies Ltd. was trading at 766.00 on 14th March closing. (ICICI Direct code : APTECH)

Balrampur Chini Mills - Stock Split - 1:10


Balrampur Chini Mills Ltd has has fixed March 31, 2005 as Record Date for sub-division of equity shares of the Company of Rs 10 each into 10 equity shares of Re 1/- each. Balrampur Chini may go high by 31st March on this Stock Split news. It was trading at 690 today at closing.

Nicholas approves Rs 350cr rights issue


Drug maker, Nicholas Piramal is raising around Rs 350 crore through a rights issues. The ensuing rights issue proceeds will be invested for ramping up manufacturing and research.
Nicholas Piramal expects to sign a series of custom manufacturing deals in the next two years. The company has already signed four such deals in the last year, which is expected to fetch considerable revenues from 2006-2007 onwards.

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