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Tuesday, October 04, 2005

Stock News

Autolite members approve issue securities worth Rs 7.5 crore

Autolite (India) Ltd`s members have authorized the board to issue securities in one or more tranches for a sum not exceeding Rs 7.5 crore as the board may deem fit.

The members have also approved the delisting proposal of equity shares of the company from any one or more stock exchanges.

The members have re-appointed R S Mehta, Anoop Bartaria, S L Gupta and G S Das as the directors of the company, liable to retire by rotation. The members have also appointed H C Garg & Co, chartered accountants, Jaipur as the auditors of the company.

Shares of Autolite were last traaded on BSE at Rs 25.05, up 4.81 per cent.

Banswara Textile board to consider amalgamation with Banswara Syntex

Banswara Textile Mills Ltd has convened a meeting of the board of directors of the company on October 08, 2005, to consider order of high court of Rajasthan, Jodhpur in the matter of amalgamation of the company with Banswara Syntex Ltd.

Shares of Banswara Textile were last traded on BSE at Rs 1.50


Essel Propack board to consider buy-back of shares

Essel Propack Ltd has convened a meeting of the board of directors of the company on October 11, 2005 to consider the proposal for buy-back of shares.

Shares of Essel Propack were last traded on BSE at Rs 358.85, up 3.68 per cent.


Freshtrop Fruits declares 12.5% dividend

Freshtrop Fruits Ltd members have declared final dividend of 12.5 per cent on the paid up equity share capital of the company.

The members have re-appointed Mayur Shah as director of the company.

Shares of Freshtrop Fruits were last traded on BSE at Rs 48.30, up by 5 per cent.

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