| BHUSH STEEL |
| Bhushan Steel to issue equity shares
The committee of Bhushan Steel in its meeting on 21 February 2012 has
decided to issue 1,41,57,220 equity shares of face value of Rs 2 each in
the ratio of 1:15 to the existing equity shareholders of the company. |
|
| ELANTAS |
| Elantas Beck India recommends final dividend
Of Rs 4.50 per share
The board of Elantas Beck India in its meeting on 21 February 2012 has
recommended final dividend at the rate of Rs 4.50 per share. |
|
| RELIANCE |
| Reliance Industries & SIBUR form a joint venture to produce butyl rubber in
India
Reliance Industries has announced that SIBUR, Russian petrochemical company
and Reliance Industries have agreed to form a joint venture named Reliance
Sibur Elastomers to produce 1 lakh tons of butyl rubber per year in
Jamnagar, India. |
|
| RAINCOMMODI |
| Rain Commodities recommends dividend
Of 55%
The board of Rain Commodities in its meeting on 21 February 2012 has
recommended dividend at the rate of Rs 1.10 per share (55%) for the
financial year ended 31 December 2011. |
|
| SANJAY LEAS |
| Sanjay Leasing to increase authorised share capital
To issue & allot equity shares
The members of Sanjay Leasing have approved to increase the authorised
share capital of the company from Rs 50 lakh to Rs 1.50 crore.
Further, the members have approved to issue and allot 9 lakh equity shares
of Rs 10 each to the persons in promoter group.
This was approved at the extraordinary general meeting held on 21 February
2012. |
|