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Vardhman Industries Ltd has informed BSE that during the previous year the Company decided to hive off its Power Plant and SMS Unit setup in the State of Jharkhand for which March 01, 2006 has been fixed as the appointed date. The Company has compiled the Annual Accounts for the financial year ended March 31, 2008 (segregating the same into unit being hived off and units remaining with the Company), the profit / loss pertaining to the unit being hived off has been transferred to the Special Purpose Vehicle (SPV) Company i.e. Zoom Vallabh Steel Ltd.

KCP Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has recommended a final dividend of 25% on paid up capital of the Company subject to the approval of the shareholders in the ensuing Annual General Meeting of the Company, aggregating to a total dividend of 100%, including interim dividend of 75% paid during the year.

Wyeth Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has Dividend @ 300% on 2,27,20,059 Equity Shares of Rs 10 each was recommended by the Board of Directors.

- At the said Board Meeting the following changes took place in the Directorate of the Company:

1. Mr. P H Lele was appointed as Additional Director of the Company.

2. Mr. D C Giffin resigned as Director of the Company effective June 30, 2008.

3. Consequently, the Alternate Directorship of Mr. S N Talwar, Alternate to Mr. D C Giffin, ceased with effect from June 30, 2008.

4. Mr. A W Khandekar was re-appointed as Whole-time Director of the Company.

- The status of litigation under the Drugs (Prices Control) Order 1979- DMCTC, as under:

The Company had in 1981 disputed the price fixation by the Government of India under the Drugs (Prices Control), 1979, in respect of De-Methyl-Chior-Tetracycline Hydrochloride (DMCTC HCL) formulations for the period 1981 to 1987. This matter was challenged by the Company in the Courts. The Supreme Court Order of April 1987 in this matter upheld the Government’s right to fix prices under Drugs (Prices Control) Order, 1979. However, the Government was directed to review the prices fixed with the Company. Subsequently, the Government appointed various Committees to consider the matter. In 1994 the Government appointed a Three Member Committee to conduct this review. The Company had several hearings before the Committee from 1994 to 1998. The Government of India has raised a demand aggregating Rs 4407.07 lakhs comprising principal amount of Rs 1320.52 lakhs (a sum of Rs 100.00 lakhs has been deposited earlier) and interest up to November 02, 2007,
Rs 3186.55 lakhs. The Government called upon the Company to deposit the aforesaid demand together with interest into the Drugs prices Equalization Account (DPEA).

The Company filed a Writ Petition in the Bombay High Court disputing the said demand and interest thereon. Pending disposal of the Writ Petition, the Bombay High Court, on June 10, 2007 granted a stay on the recovery of interest, subject to deposit of the principal amount and furnishing security for the interest within a period of six weeks. Based on legal advice, the Company has decided to appeal to the Supreme Court against the Order of the Bombay High Court.

Madras Cements Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has approved the following business:

1. Payment of Dividend of Rs 20/- per share (comprising a final dividend of Rs 10/- per share and a Golden Jubilee Dividend of Rs 10/- per share). This is in addition to the 1st Interim Dividend of Rs 40/- per share and 2nd Interim Dividend of Rs 10/- per share paid already.

2. Issue of Bonus Shares in the ratio of 1 : 1.

3. Sub-division of each share of Rs 10/- each to 10 shares of Re 1/- each.

Maytas Infra Ltd has announced the following Audited results for the year ended March 31, 2008:

The results for the Year ended March 31, 2008

The Company has posted a net profit of Rs 996.40 million for the year ended March 31, 2008 as compared to Rs 531.20 million for the year ended March 31, 2007. Total Income has increased from Rs 6089.70 million for the year ended March 31, 2007 to Rs 16601.50 million for the year ended March 31, 2008.

The Consolidated results are as follows:

The consolidated results for the Year ended March 31, 2008

The Group has posted a net profit of Rs 907.50 million for the year ended March 31, 2008 as compared to Rs 487.70 million for the year ended March 31, 2007. Total Income has increased from Rs 7824.40 million for the year ended March 31, 2007 to Rs 18831.60 million for the year ended March 31, 2008.

Khaitan Electricals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has taken the following decisions:

1. The Board recommended dividend payment for the year ended March 31, 2008 at the rate of 20%.

2. The Board Accepted re-appointment of Sri. Sunil K Khaitan, Vice-Chairman & MD for a further period of Five Years from November 01, 2008 to October 31, 2013.

Synergy Log-In Systems Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has considered the following business:

1. Board has approved Scheme of Arrangement. The salient features of Scheme of Arrangement areas follows:

(a) Capital Reduction of the Company for writing of unproductive / unrecoverable assets.

(b) Demerger of Corporate training undertaking of Globsyn Technologies Ltd into Synergy Log-in Systems Ltd.

(c) Swap Ratio for Demerger: Shareholder holding 23 Equity Shares of the Globsyn Technologies Ltd will be allotted 4 Equity Shares of Synergy Log-in Systems Ltd.

The Scheme of Arrangement is subject to sanction by members of the Company, High Court and other necessary approvals.

2. Demerger of Corporate training undertaking of Globsyn Technologies Ltd into the Company is subject to sanction by the respective High Courts and other necessary approvals.

Jayabharat Credit Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has transacted the following:

1. Recommended a dividend of Rs 0.80 (8%) on each of the shares for the financial year ended March 31, 2008.

2. Recommended a right issue of 1:1 for cash at a premium of Rs 2.50 per share on 50,00,000 equity share of Rs 10/- each.

BEML Ltd has informed BSE that the Board of Directors of the Company met on June 30, 2008 and took note that the Audit of the financial statements for the year ended March 31, 2008 and quarter ending March 31, 2008 is still in progress and therefore, could not be approved for publication. The financial results will be furnished upon completion of the audit soon and published thereafter with the approval of the Board.

The next date of the Board Meeting for consideration of financial statements will be intimated in due course.

Ganesh Benzoplast Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 28, 2008, inter alia, has transacted the following business:

1. A proposal for restructuring of loans and other outstanding dues with IDBI and IFCI has been considered and Mr. Rishi Pilani, Director of the Company has been authorized to discuss the matter further and conclude the same as he may deem fit in the best interest of the Company.

2. A proposal to issue equity shares to promoters of the Company on preferential basis as per applicable SEBI guidelines was also considered which would be finalized along with the overall restructuring of the Company.

3. Mr. Gyan Chordia & Mr. Raunak Pilani has been appointed as Additional Directors of the Company.

4. Mr. Ramesh Pilani, Mr. Ramakant Pilani and Mr. Ranju Pilani have resigned from the Board of Directors of the Company.

5. It is proposed to change the name of the Company to Ganesh Infrastructure Ltd., subject to the availability and necessary approvals.