Central Pulp FY 2000 net profit up by 137.50%

Central Pulp Mills Ltd. has posted a net profit of Rs 100.70 million for the year ended June 30, 2000 as compared to Rs 42.40 million in the same period last year. Net Sales for the year ended June 30, 2000 stood at Rs 1390.3 million as compared to Rs 1183.2 million in FY 99. Other income has decreased from Rs 43.50 million in FY 99 to Rs 18.50 million in the year ended June 30, 2000. Performance of the Company has been much better for the year ended 30th June 2000 due to improved efficiencies and better market conditions in paper industry. The Board of Directors has recommended a final Equity Dividend of 5% in addition to interim Dividend of 5% already paid during the year, making a total Dividend of 10% for the financial Year 1999-2000.

Sterlite receives order for JFTC Cables from DTS

Sterlite Industries (India) Ltd. has received orders for supply of JFTC cables valued at Rs 4250 million from the Department of Telecommunication Services (DTS) against their annual tender. The DTS has released orders on all the firms for all sizes except one size i.e.200 pair cable. The DTS had earlier released orders on other firms including Sterlite's subsidiaries. Sterlite's order, which was kept pending, has now been released.

BSE imposes special margin on 41 scrips

The Members of the Exchange are hereby informed that Additional Volatility Margin (AVM) has been imposed on the following Scrips for settlement No. 24/2000-2001 commencing on 04 September 2000,.Please note that AVM would be computed on the net outstanding Purchase or Sales positions as may be applicable including carryforward positions at the end of day at the rates given below. The rates of AVM would be remain unchanged for the entire settlement. Sr.No. Code .No. Company Group AVM Purchase / Sales % 1 20077 Amtek Auto Ltd B1 15 2 5029 Atlas Cycle Industries Ltd., B1 15 3 12169 Badal Exports and Consultants Ltd., B2 10 4 24588 CDR Ind. Specialities Ltd. B2 10 5 32339 Compucom Software Ltd. B2 10 6 840 EIH Limited. A 15 7 32326 Fortune Informatics Ltd. B2 10 8 23277 G.V. Films, Ltd., B2 15 9 189 Hinduja Finance Corporation Ltd B1 15 10 23758 Information Technologies (India) Ltd B1 15 11 32033 Jain Studios Ltd. B2 15 12 24330 Jayant Agro-Organics Limited. B1 25 13 31892 Khandwala Securities Ltd. B2 10 14 32035 Kumbh Finance Ltd. B2 10 15 32341 Logix Microsystems Ltd., B2 10 16 26045 Luminaire Technologies Ltd B2 15 17 6041 Mahesh Agricultural Implements & Steel Forgings Lt B2 15 18 23704 Mastek Limited B1 10 19 31417 Mega Corporation Ltd. B2 15 20 32127 Mobile Tele-Communications Ltd. B2 15 21 32089 Moh Ltd. B2 25 22 17334 Motherson Sumi Systems Ltd., B1 10 23 298 National Peroxide Ltd. B1 10 24 31209 Nucleus Software Exports Ltd B2 10 25 321 Padmini Polymers Ltd. B1 25 26 17119 PCS Industries Ltd. B1 15 27 26807 Peerless Shipping & Oilfield Services Ltd. B1 10 28 346 Punjab Communications Limited B1 25 29 17447 R S Software India Ltd. B1 10 30 370 Salora International Limited B1 15 31 31980 Sentil Agrotech Limited B2 25 32 26137 Shetron Ltd. B1 15 33 12028 Shreejee Yatayat Ltd. B2 25 34 17411 Shyam Telecom Ltd. B1 25 35 23419 Tamilnadu Telecommunications Ltd., B2 10 36 31830 Todays Writing Products Ltd. B2 25 37 31554 Top Cassettes Ltd. B2 25 38 7458 United Breweries Ltd. B1 15 39 32156 Vaibhav Gems Ltd. B2 10 40 19307 Vikas WSP Ltd. B1 15 41 31404 Zicom Electronic Security Systems ltd. B2 15

Trading to commence in 2 scrips from September 4

Members of the Bombay Stock Exchange were advised not to deal in the securities of undermentioned companies because of non-compliance of listing requirements regarding intimation of dates of closure of Register of Members/Record Dates to the Exchange. The dealings in the securities can now be resumed with effect from the dates indicated alongside in "Z" group category: Code Company Name Dealings Can be resumed from 21125 D.R. Softech & Industries Ltd. 04/09/2000 31185 Chicago Software Industries Ltd. 04/09/2000

SSI launches web based trading solutions

SSI Ltd. has informed BSE that, SSI Technologies, a software division of the company, has launched SecuraTRADE, a web based trading solution of IndigoMARKERS Inc (a Bermuda Corporation) to enable internet trading solutions in the Indian Stock market scene, on the Mumbai Stock Exchange.

Sree Rayalaseema Hi-Strength to consider diversification in IT business

The Board of Directors of Sree Rayalaseema Hi-Strength Hypo Ltd has decided to change the object clause, subject to necessary approvals, to carry on business in Information Technology including e-commerce, software, etc.

Saurashtra Paper Board approves allotment of equity shares at Rs 90/- per share

The Board of Directors of Saurashtra Paper & Board Mills Ltd. has approved preferential allotment of 16,77,100 equity shares of Rs.10/- each at a premium of Rs.80/- per share to an Overseas Corporate Body on preferential private placement basis, subject to necessary approvals.

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