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L&T issues 3,88,525 shares upon FCCB conversion
Larsen & Toubro (L&T) has issued 3,88,525 underlying equity shares on November 28, 2006 upon conversion of USD 14,65,000 FCCBs.Earlier the company had issued 1,18,212 underlying equity shares on November 10, 2006, upon conversion of USD 14,65,000 FCCBs.
Reliance`s Jamnagar unit commences operation
The VGO Hydrotreater II Unit of Reliance Industries` Jamnagar Refinery has commenced normal operations on December 01, 2006.The unit was shut down in view of the fire that occurred on October 25, 2006. Despite the damage the refinery has sustained normal production through out the entire period of the shutdown.
Commenting on the re-start of VGO Hydrotreater II Unit, Mukesh Ambani chairman and managing director of the company said,`` I compliment the Reliance Team at Jamnagar Refinery for once again demonstrating exemplary performance by restarting the VGO Hydrotreater II Unit in such a short time and for ensuring normal operations at the refinery including continued supply of LPG in an uninterrupted manner through the period of the shut down.``The damaged portion of this unit has been refurbished within a record time of 35 days.
Kohinoor Broadcasting shareholders approve GDR, FCCB issue
Kohinoor Broadcasting Corporation`s shareholders gave fresh approval for the GDR, FCCB issue of Rs 500 million.
The shareholders have also authorized the board of directors to give effect to the above decision.The above was approved by the shareholders at the extra ordinary general meeting (EGM) of the company held on December 04, 2006.
Larsen & Toubro (L&T) has issued 3,88,525 underlying equity shares on November 28, 2006 upon conversion of USD 14,65,000 FCCBs.Earlier the company had issued 1,18,212 underlying equity shares on November 10, 2006, upon conversion of USD 14,65,000 FCCBs.
Reliance`s Jamnagar unit commences operation
The VGO Hydrotreater II Unit of Reliance Industries` Jamnagar Refinery has commenced normal operations on December 01, 2006.The unit was shut down in view of the fire that occurred on October 25, 2006. Despite the damage the refinery has sustained normal production through out the entire period of the shutdown.
Commenting on the re-start of VGO Hydrotreater II Unit, Mukesh Ambani chairman and managing director of the company said,`` I compliment the Reliance Team at Jamnagar Refinery for once again demonstrating exemplary performance by restarting the VGO Hydrotreater II Unit in such a short time and for ensuring normal operations at the refinery including continued supply of LPG in an uninterrupted manner through the period of the shut down.``The damaged portion of this unit has been refurbished within a record time of 35 days.
Kohinoor Broadcasting shareholders approve GDR, FCCB issue
Kohinoor Broadcasting Corporation`s shareholders gave fresh approval for the GDR, FCCB issue of Rs 500 million.
The shareholders have also authorized the board of directors to give effect to the above decision.The above was approved by the shareholders at the extra ordinary general meeting (EGM) of the company held on December 04, 2006.
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