Date:24/09/2008 URL: http://www.thehindubusinessline.com/2008/09/24/stories/2008092452011502.htm

Back Corporate developments

R.Yegya Narayanan

Jindal Saw Ltd has informed that a meeting of the board of directors will be held on September 30 to consider the merger/amalgamation of Highgate Consultants Ltd, the wholly-owned subsidiary with the company.

Lanco Infratech Ltd has received a Letter of Acceptance from the Andhra Pradesh Health Medical Housing & Infrastructure Development Corporation for the construction of buildings for the Rajiv Gandhi University of Knowledge Technologies IIIT at Basara in Adilabad district at a total contract value of Rs 308.98 crore.

Nagarjuna Construction Company Ltd has secured four new orders aggregating Rs 413 crore for works in Maharashtra, Andhra Pradesh and Kerala.

Provogue (India) Ltd has fixed October 13 as the record date for the sub division of equity shares of the company from Rs 10 to five shares of Rs 2.

Ratnamani Metals & Tubes Ltd has informed that November 14 has been fixed as the record date for the sub-division of equity shares of Rs 10 each into 5 equity shares of Rs 2 each.

The South Indian Bank Ltd has fixed October 17 as the record date for the purpose of issue of bonus shares in the ratio of one for every four shares held.