Mutual Funds Closing on Oct. 2008

Here are List of some Mutual Funds Closing on Oct. 2008

CategoryLaunch DateClose DateMinimum InvestmentOffer PriceObjective
Liquid Funds27 Oct 200827 Oct 2008200000000.0010To create a highly liquid portfolio of good quality debt as well as money market instruments so as to provid reasonable returns and high liquidity to the unitholders
CategoryLaunch DateClose DateMinimum InvestmentOffer PriceObjective
Bond Funds20 Oct 200831 Oct 20085000.0010To generate regular income through investmet in Debt/Money Market Instruments and Government Securities.
Bond Funds20 Oct 200831 Oct 200810000000.0010To generate regular income through investmet in Debt/Money Market Instruments and Government Securities.
Bond Funds24 Oct 200829 Oct 20085000.0010To generate income by investing in a portfolio of debt and money market instruments normally maturing in line with the duration of the scheme.
Bond Funds24 Oct 200829 Oct 200810000000.0010To generate income by investing in a portfolio of debt and money market instruments normally maturing in line with the duration of the scheme.
categoryLaunch DateClose DateMinimum InvestmentOffer PriceObjective
Liquid Funds27 Oct 200827 Oct 2008200000000.0010To create a highly liquid portfolio of good quality debt as well as money market instruments so as to provid reasonable returns and high liquidity to the unitholders
CategoryLaunch DateClose DateMinimum InvestmentOffer PriceObjective
Bond Funds24 Oct 200827 Oct 20085000.0010To provide regular income, liquidity and attractive returns to the investors through investments in a portfolio comprising of debt instruments.

CategoryLaunch DateClose DateMinimum InvestmentOffer PriceObjective
Bond Funds29 Sep 200827 Oct 20085000.0010To generate income and capital gains through investments in a portfolio of debt and money market instruments.
Bond Funds29 Sep 200827 Oct 200810000000.0010To generate income and capital gains through investments in a portfolio of debt and money market instruments.

Board Meetings and Quarterly Results on Oct 27 2008

Oct 27 2008 Accentia Technologies Ltd
Quarterly Results
Oct 27 2008 Action Financial Services (I) LtdQuarterly Results
Oct 27 2008 Adhunik Metaliks LtdAdhunik Metaliks Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to consider and to take on record the un-audited financial results of the Company for the quarter ended September 30, 2008.Further the Company has informed that, the Board will also discuss and, if thought fit, approve merger / amalgamation of Vedvyas Ispat Ltd and Sri. M P Ispat & Power Pvt. Ltd with Adhunik Metaliks Ltd.With reference to the earlier announcement dated October 15, 2008 regarding Board Meeting on October 27, 2008, Adhunik Metaliks Ltd has informed BSE that the Board shall discuss the swap ratio and valuation of the Companies to be merged with Adhunik Metaliks Ltd. The Board has already approved in-principally the merger proposal at their meeting held on July 29, 2008.(As Per BSE Announcement Dated on 16/10/2008)With reference to the earlier announcement dated October 15, 2008 regarding Board Meeting on October 27, 2008, Adhunik Met
Oct 27 2008 Alok Industries LtdQuarterly ResultsAlok Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to consider, the un-audited financial results for the quarter ended September 30, 2008.Further the Company has informed BSE that in the said Board Meeting, the Board of Directors propose to consider a Rights Issue of equity shares / convertible instruments.(As Per BSE Announcement Website dated on 23.10.2008)
Oct 27 2008 Anant Raj Industries LtdQuarterly Results
Oct 27 2008 Areva T&D India LtdQuarterly ResultsAreva T&D India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 30, 2008, inter alia, to consider and take on record the unaudited financial results for the third quarter (Q3) and nine months ended on September 30, 2008, subject to limited review by the Auditors.(As Per BSE Announcement Website dated on 06.10.2008)Areva T&D India Ltd has informed BSE that due to unavoidable circumstances, the Board meeting which was fixed for October 30, 2008, inter alia, to consider and take on record the unaudited financial results for the third quarter and nine months ended on September 30, 2008 (Q3), has now been preponed to October 27, 2008.(As Per BSE Announcement Website dated on 10.10.2008)
Oct 27 2008 Aries Agro LtdAries Agro Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to transact the following:1. To consider and re-designate Dr. Jimmy Mirchandani as the Vice Chairman & Jt. Managing Director.2. To approve Un-Audited Financial Results of the Company for the quarter ended September 30, 2008.3. To approve issue of Duplicate Share Certificates.4. To consider acquisition of Shares of Sreeni Agro Chemicals Pvt Ltd from the existing Share Holders and fix consideration thereof, thereby making Sreeni Agro Chemicals Pvt Ltd as the Wholly Owned Subsidiary of the Company.
Oct 27 2008 Artheon Finance LtdQuarterly Results
Oct 27 2008 Arunoday Mills LtdQuarterly Results
Oct 27 2008 Asian Tea & Exports LtdQuarterly Results
Oct 27 2008 Assam Company LtdQuarterly Results
Oct 27 2008 Associated Alcohols & Breweries LtdQuarterly Results
Oct 27 2008 Associated Marmo & Granites LtdQuarterly Results
Oct 27 2008 Available Finance LtdQuarterly Results
Oct 27 2008 Bagadia Colourchem LtdQuarterly Results
Oct 27 2008 Bagalkot Udyog LtdQuarterly Results
Oct 27 2008 Bal Pharma LtdQuarterly Results
Oct 27 2008 Balmer Lawrie Investment LtdQuarterly Results
Oct 27 2008 BCL Forgings LtdQuarterly Results
Oct 27 2008 Bemco Hydraulics LtdQuarterly Results
Oct 27 2008 Bhagyodaya Marketing Company LtdQuarterly Results
Oct 27 2008 Bhushan Steel LtdBhushan Steel Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to consider and approve unaudited Financial Results for the 2nd Quarter ended September 30, 2008 (Q2).
Oct 27 2008 Bhuwalka Steel Industries LtdQuarterly Results
Oct 27 2008 Blue Blends (India) LtdQuarterly Results
Oct 27 2008 Blue Star LtdBlue Star Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, to approve the un-audited financial results of the Company for the quarter ended September 30, 2008 (Q2).
Oct 27 2008 Bluechip Tex Industries LtdQuarterly Results
Oct 27 2008 Bombay Burmah Trading Corporation LtdQuarterly Results
Oct 27 2008 Bombay Dyeing & Manufacturing Company LtdBombay Dyeing & Manufacturing Company Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to consider and approve, the unaudited financial results for the second quarter ended September 30, 2008 (Q2).
Oct 27 2008 Bombay Oxygen Corporation LtdQuarterly Results
Oct 27 2008 Brahmaputra Infraproject LtdQuarterly Results
Oct 27 2008 Broadcast Initiatives LtdQuarterly Results
Oct 27 2008 Brushman (India) LtdQuarterly Results
Oct 27 2008 C & C Constructions LtdQuarterly Results
Oct 27 2008 C J Gelatine Products LtdQuarterly Results
Oct 27 2008 Carnation Industries LtdQuarterly Results
Oct 27 2008 Carol Info Services LtdQuarterly Results
Oct 27 2008 Ceejay Finance LtdQuarterly Results
Oct 27 2008 Chartered Logistics LtdQuarterly Results
Oct 27 2008 Chhattisgarh Industries LtdQuarterly Results
Oct 27 2008 Circuit Systems (India) LtdQuarterly Results
Oct 27 2008 Clarus Finance & Securities LtdQuarterly Results
Oct 27 2008 Continental Controls LtdQuarterly Results
Oct 27 2008 Core Emballage LtdQuarterly Results
Oct 27 2008 Credence Sound & Vision LtdQuarterly Results
Oct 27 2008 DCW LtdQuarterly Results
Oct 27 2008 Dharamsi Morarji Chemicals Co LtdQuarterly Results
Oct 27 2008 Diamant Investment & Finance LtdQuarterly Results
Oct 27 2008 Dynemic Products LtdQuarterly Results
Oct 27 2008 Elder Project LtdQuarterly Results
Oct 27 2008 ELF Trading And Chemicals Manufacturing LtdQuarterly Results
Oct 27 2008 Empire Industries LtdQuarterly Results
Oct 27 2008 Esquire Money Guarantees LtdQuarterly Results
Oct 27 2008 Filmcity Media LtdQuarterly Results
Oct 27 2008 Foods & Inns LtdQuarterly Results
Oct 27 2008 Forbes & Company LtdQuarterly Results
Oct 27 2008 Futura Polyesters LtdQuarterly Results
Oct 27 2008 Futuristic Securities LtdQuarterly Results
Oct 27 2008 G K Consultants LtdQuarterly Results
Oct 27 2008 GDL Leasing & Finance LtdQuarterly Results
Oct 27 2008 GEE LtdQuarterly Results
Oct 27 2008 Glenmark Pharmaceuticals LtdQuarterly Results
Oct 27 2008 Global Boards LtdQuarterly Results For the quarter ended 30th June, 2008 and quarter ended 30th September, 2008.& Audited Results
Oct 27 2008 GMR Infrastructure LtdGMR Infrastructure Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to consider, and take on record, the un-audited financial results of the Company for the Quarter ended September 30, 2008 (Q2).
Oct 27 2008 Godrej Industries LtdGodrej Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to take on record the unaudited financial results for the quarter ended September 30, 2008 (Q2).
Oct 27 2008 Gujarat State Fertilizers & Chemicals LtdQuarterly Results
Oct 27 2008 Gulf Oil Corporation LtdQuarterly Results
Oct 27 2008 Gupta Synthetics LtdQuarterly Results Quarter ended 30th September, 2008.
Oct 27 2008 Hanjer Fibres LtdQuarterly Results
Oct 27 2008 Hind Industries LtdQuarterly Results
Oct 27 2008 Hindusthan National Glass & Industries LtdQuarterly Results
Oct 27 2008 Hitkari Fibres LtdQuarterly Results
Oct 27 2008 Howard Hotels LtdQuarterly Results
Oct 27 2008 ICICI Bank LtdICICI Bank Ltd has informed BSE that a meeting of the Board of Directors of the Bank will be held on October 27, 2008, inter alia, to consider the approval of audited accounts for the quarter ended September 30, 2008 (Q2).
Oct 27 2008 Ind Tra Deco LtdQuarterly ResultsQuarterly Results(Revised)(As per BSE Bulletin dated on 20/10/2008)
Oct 27 2008 India Gelatine & Chemicals LtdQuarterly Results
Oct 27 2008 Indo Asian Fusegear LtdQuarterly Results
Oct 27 2008 Indrayani Biotech LtdQuarterly Results
Oct 27 2008 Intellvisions Software LtdQuarterly Results
Oct 27 2008 International Conveyors LtdQuarterly Results
Oct 27 2008 International Travel House LtdQuarterly Results
Oct 27 2008 Jayaswal Neco Industries LtdQuarterly Results
Oct 27 2008 Jayshree Chemicals LtdQuarterly ResultsJayshree Chemicals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, to consider the proposal for expending the Company's production capacity and conversion of Mercury Technology into Membrane Technology.(As Per BSE Announcement Website dated on 23.10.2008)
Oct 27 2008 JM Financial LimitedQuarterly Results
Oct 27 2008 Kamadgiri Synthetics LtdQuarterly Results
Oct 27 2008 Kanco Enterprises LtdQuarterly Results
Oct 27 2008 Khyati Multimedia Entertainment LtdQuarterly Results
Oct 27 2008 Kilitch Drugs (India) LtdQuarterly Results
Oct 27 2008 Kiran Print Pack LtdQuarterly Results
Oct 27 2008 Kisan Mouldings LtdQuarterly Results
Oct 27 2008 Lahoti Overseas LtdQuarterly Results
Oct 27 2008 LCC Infotech LtdQuarterly Results
Oct 27 2008 Lloyds Finance LtdQuarterly Results
Oct 27 2008 Lok Housing & Constructions LtdQuarterly Results
Oct 27 2008 Lynx Machinery & Commercials LtdQuarterly Results
Oct 27 2008 Madhusudan Securities LtdQuarterly Results
Oct 27 2008 Maestros Mediline Systems LtdQuarterly ResultsMaestros Mediline Systems Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to consider the buy-back of equity shares of the Company.(As Per BSE Announcement Website dated on 20.10.2008)
Oct 27 2008 Mahindra & Mahindra Financial Services LtdQuarterly Results
Oct 27 2008 Maithan Alloys LtdQuarterly Results
Oct 27 2008 Mangalore Refinery And Petrochemicals LtdMangalore Refinery & Petrochemicals Ltd (MRPL) has informed BSE that a meeting of the Board of Directors of the Company will be held on October 24, 2008, to consider and approve Unaudited Financial results for the quarter ended September 30, 2008 (Q2).With reference to the earlier announcement dated October 13, 2008 regarding Q2 results on Oct 24, 2008, Mangalore Refinery & Petrochemicals Ltd (MRPL) has now informed BSE that the Board meeting has been now rescheduled to be held on October 27, 2008 (instead of October 24, 2008) to consider and approve Unaudited Financial results for the quartet ended September 30, 2008 (Q2).(As Per BSE Announcement Website dated on 17.10.2008)
Oct 27 2008 Martin Burn LtdQuarterly Results
Oct 27 2008 Maruti Infrastructure LtdQuarterly Results
Oct 27 2008 Maximaa Systems LtdQuarterly Results
Oct 27 2008 Mayur Leather Products LtdQuarterly Results
Oct 27 2008 Mercator Lines LtdQuarterly Results
Oct 27 2008 Modella Woollens LtdQuarterly Results
Oct 27 2008 Muller & Phipps (India) LtdQuarterly Results
Oct 27 2008 Nagarjuna Construction Company LtdNagarjuna Construction Company Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, for approving the Un-Audited Financial results of the Company for the Second Quarter ended September 30, 2008 (Q2).
Oct 27 2008 National Fertilizer LtdQuarterly Results
Oct 27 2008 Nijjer Agro Foods LtdQuarterly Results
Oct 27 2008 NILE LtdQuarterly Results
Oct 27 2008 NMDC LtdNMDC Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, to take on record the Un-audited Financial Results of the Company for the quarter ended September 30, 2008 (Q2).
Oct 27 2008 Olympic Management & Financial Services LtdQuarterly Results
Oct 27 2008 Omega Interactive Technologies LtdQuarterly Results
Oct 27 2008 Oseaspre Consultants LtdQuarterly Results
Oct 27 2008 PAL Credit & Capital LtdQuarterly Results
Oct 27 2008 Pan Electronics (India) LtdQuarterly Results
Oct 27 2008 Panoramic Universal LtdQuarterly Results
Oct 27 2008 Parle Software LtdAudited Results
Oct 27 2008 Patel Integrated Logistics LtdQuarterly Results
Oct 27 2008 Pochiraju Industries LtdPochiraju Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to consider the following business:1. Un-Audited financial results for the Quarter ended September 30, 2008.2. To review the progress of Bio Pharma and Pharma Division.
Oct 27 2008 Polar Industries LtdQuarterly Results
Oct 27 2008 Polar Pharma India LtdQuarterly Results
Oct 27 2008 Prem Somani Financial Services LtdQuarterly Results
Oct 27 2008 Premier Synthetics LtdQuarterly Results
Oct 27 2008 Puneet Resins LtdPuneet Resins Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to consider, the appointment of Mr. Aditya Kapoor as a Managing Director.The meeting of Remuneration Committee is scheduled to be held on October 27, 2008, for consideration and recommendation of remuneration in respect of the said appointment.
Oct 27 2008 Punit Commercials LtdQuarterly Results
Oct 27 2008 Punjab Communications LtdQuarterly Results
Oct 27 2008 Raja Bahadur International LtdQuarterly Results
Oct 27 2008 Rama Pulp & Papers LtdQuarterly Results
Oct 27 2008 Remi Metals Gujarat LtdQuarterly Results
Oct 27 2008 Rose Merc. LtdQuarterly Results
Oct 27 2008 Royal Orchid Hotels LtdQuarterly Results
Oct 27 2008 Royale Manor Hotels & Industries LtdQuarterly Results
Oct 27 2008 RPG Cables LtdQuarterly Results
Oct 27 2008 Rubber Products LtdQuarterly Results
Oct 27 2008 Ruchi Strips & Alloys LtdRuchi Strips & Alloys Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to consider and approve the following:1. Un-Audited Financial Results for the quarter ended September 30, 2008.2. Forfeiture of equity shares on which call money is unpaid.
Oct 27 2008 S & S Power Switchgear LtdQuarterly Results
Oct 27 2008 S S Forgings & Engineering LtdGlenmark Pharmaceuticals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, to consider and approve the Un-audited Financial Results for the Second Quarter / Half Year ended September 30, 2008 (Q2).
Oct 27 2008 S.Kumars Nationwide LtdQuarterly ResultsQuarterly Results(Revised)(As per BSE Bulletin dated on 20/10/20080
Oct 27 2008 SAARC Net LtdQuarterly Results
Oct 27 2008 Salora International LtdQuarterly Results
Oct 27 2008 Sanjivani Paranteral LtdQuarterly Results
Oct 27 2008 Sanket International LtdQuarterly Results
Oct 27 2008 Sat Industries LtdQuarterly Results
Oct 27 2008 Satra Properties (India) LtdSatra Properties India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to consider the following business:1. To discuss and approve the Un-audited Financial Results for the Quarter / Half Year ended September 30, 2008.2. To approve the Rights Issue in-principally and to constitute Committee of Board of Directors for the same.3. To appoint Compliance Officer for the proposed Rights Issue.
Oct 27 2008 Shakti Pumps (India) LtdQuarterly Results
Oct 27 2008 Shalimar Wires Industries LtdQuarterly Results
Oct 27 2008 Shilchar Electronics LtdQuarterly Results
Oct 27 2008 Shiva Suitings LtdQuarterly Results
Oct 27 2008 Shivagrico Implements LtdQuarterly Results
Oct 27 2008 Shree Hari Chemicals Export LtdShree Hari Chemicals Export Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to approve the Un-audited Financial Results for the Quarter ended September 30, 2008 and forfeiture of shares.
Oct 27 2008 Shreejal Info Hubs LtdQuarterly Results
Oct 27 2008 Shri Ganesh Spinners LtdQuarterly Results
Oct 27 2008 Silicon Valley Infotech LtdQuarterly Results
Oct 27 2008 SKS Logistics LtdQuarterly Results
Oct 27 2008 Smruthi Organics LtdQuarterly Results
Oct 27 2008 Soma Textiles & Industries LtdQuarterly Results
Oct 27 2008 State Bank of IndiaState Bank of India (SBI) has informed BSE that a meeting of the Central Board of the Bank will be held on October 27, 2008, inter alia, to take on record the unaudited working results of the Bank for the quarter / half year ended September 30, 2008 (Q2).
Oct 27 2008 Sterling Strips LtdQuarterly Results
Oct 27 2008 Stone India LtdQuarterly Results
Oct 27 2008 Suashish Diamonds LtdQuarterly Results
Oct 27 2008 Suditi Industries LtdQuarterly Results
Oct 27 2008 Sumedha Fiscal Services LtdQuarterly Results
Oct 27 2008 Sun Pharma Advanced Research Company LtdQuarterly Results
Oct 27 2008 Suncity Synthetics LtdQuarterly Results
Oct 27 2008 T.V. Today Network LtdQuarterly Results
Oct 27 2008 Tata Power Company LtdTata Power Company Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to consider and take on record the audited financial results for the quarter/half year ended September 30, 2008 (Q2).
Oct 27 2008 Tata Tea LtdTata Tea Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, to consider and approve the Financial Results and the Consolidated Financial Results of the Company for the quarter ended September 30, 2008 (Q2).
Oct 27 2008 Tata Teleservices (Maharashtra) LtdTata Teleservices Maharashtra Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to consider Audited Financial Results for the Quarter ended September 30, 2008 (Q2).
Oct 27 2008 Technojet Consultants LtdQuarterly Results
Oct 27 2008 TIL LtdQuarterly Results
Oct 27 2008 Times Guaranty LtdQuarterly Results
Oct 27 2008 Timken India LtdQuarterly Results
Oct 27 2008 Tirupati Foams LtdQuarterly Results
Oct 27 2008 Titagarh Wagons LtdQuarterly Results
Oct 27 2008 Titan BioTech LtdQuarterly Results
Oct 27 2008 Titan Securities LtdQuarterly Results
Oct 27 2008 TPL Plastech LtdQuarterly Results
Oct 27 2008 Trend Electronics LtdQuarterly Results
Oct 27 2008 Tudor India LtdQuarterly ResultsQuarterly Results(Revised)(As per BSE Bulletin dated on 23/10/2008)
Oct 27 2008 Uflex LtdQuarterly Results
Oct 27 2008 Uniproducts (India) LtdQuarterly Results
Oct 27 2008 UTV Software Communications LtdQuarterly Results
Oct 27 2008 V I P Industries LtdQuarterly Results
Oct 27 2008 V R Woodart LtdQuarterly Results
Oct 27 2008 Vakrangee Softwares LtdQuarterly Results
Oct 27 2008 Valecha Engineering LtdQuarterly Results
Oct 27 2008 Value Industries LtdQuarterly Results
Oct 27 2008 Veer Energy & Infrastructure LtdQuarterly Results
Oct 27 2008 Venkys (India) LtdQuarterly Results
Oct 27 2008 Videocon Industries LtdVideocon Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to consider and take on record the Un-audited Financial Results (Provisional) for the Quarter ended on September 30, 2008 and for the Financial Year ended on that date.
Oct 27 2008 Vikas Profin LtdVikas Profin Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to transact the following:1. Re-appointment of Shri. Nand Kishore Garg & Shri. Sumer Chand Tayal as Directors of the Company at the Annual General Meeting of the Company.2. Confirmation of appointment of Shri. Vivek Garg, Shri. Mukesh Aggarwal, Shri. B B Tandon & Shri. P K Banerji as Directors of the Company at the Annual General Meeting of the Company.3. Considering the re-appointment of M/s. R K Batra & Company as statutory auditors of the Company.4. Approval of Unaudited Financial Results (Provisional) for the quarter and half year ending on September 30, 2008.5. Amalgamation of the Company.6. Allotment of share pursuant to amalgamation.7. Change of name of the Company.8. Approval of Annual Accounts of the Company.9. Approval of Board's Report.10. To decide the date of closure of Register of Members of the Company.11. To decide the day, date, time a
Oct 27 2008 Vinati Organics LtdVinati Organics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to take on record the Unaudited Financial Results for the Quarter ended September 30, 2008 and to grant of Employee Stock Options.
Oct 27 2008 Wadala Commodities LtdQuarterly Results
Oct 27 2008 Watson Software LtdQuarterly Results
Oct 27 2008 Welterman International LtdQuarterly Results
Oct 27 2008 Women Networks LtdQuarterly Results
Oct 27 2008 Zenith Health Care LtdQuarterly Results
Oct 27 2008 Zigma Software LtdZigma Software Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to consider the following:1. Un-audited financial Results for the Quarter ended September 30, 2008.2. Issue of Bonus Share to the shareholders of the Company.
Oct 27 2008 Zodiac Clothing Company LtdQuarterly Result

Multi Bagger Recommendation : Sah Petroleums Recommended Price Rs 14.40

Sah Petroleums Limited: Company Profile:

Sah Petroleums Limited is a manufacturer of industrial lubricants in India and manufacturing wide range of industrial and automotive lubricants, specialties and process oils etc., under the brand name of "IPOL". The company started in 1973 as a private limited company and became listed in 2004. The company has its plants located at Vasai near Mumbai and at Daman. The plants at Vasai and Daman are equipped with High-Tech blending facilities, quality control labs and automatic filling and packing stations. The company also has one of the largest in-house storage farms in the private sector in India for storing oil sourced from all over the world.Besides, the company has an all India sales and service network with offices / depots / CFAs located in Mumbai, Pune, Vadodara, Indore, Jabalpur, Jaipur, Delhi, Ghaziabad, Faridabad, Kaithal, Chandigarh, Patiala, Kolkata, Jamshedpur, Hyderabad, Bangalore and Chennai.

Financial Position:

The latest financials of the company are given as under:-

Particulars Quarter Ended Quarter Ended Quarter Ended Year Ended Year Ended Year Ended
(Jun 08) (Jun 07) (% Var) (Mar 08)(12) (Mar 07) (12) (%Var)
Sales 60.31 44.14 36.6 205.51 179.67 14.4
Other Income 0.76 0.51 49 6.7 3.96 69.2
PBIDT 5.43 4.01 35.4 22.67 15.38 47.4
Interest 0.66 0.48 37.5 2.72 2.93 -7.2
PBDT 4.77 3.53 35.1 19.95 12.45 60.2
Depreciation 0.29 0.21 38.1 1.01 0.74 36.5
PBT 4.48 3.32 34.9 18.94 11.71 61.7
Tax 0.83 0.32 159.4 0.28 1.45 -80.7
Deferred Tax 0 0 - 0.22 0.18 22.2
PAT 3.65 3 21.7 18.44 10.08 82.9
(Rs Crore)

Latest Data As On 20/10/2008
Latest Equity(Subscribed)–Rs. Cr 16
Latest Reserve –Rs. Cr. 67.58
Latest Bookvalue -Unit Curr.(Rs.) 26.12
Latest EPS -Unit Curr.(Rs.) 6.83
Latest Market Price -Unit Curr.(Rs.) 14.4
Latest P/E Ratio 2.11
52 Week High -Unit Curr.(Rs.) 29.3
52 Week High-Date 1/3/2008
52 Week Low -Unit Curr.(Rs.) 8
52 Week Low-Date 10/10/2008
Market Capitalisation (Rs.cr.) 46.08
Stock Exchange BSE
Dividend Yield -% 1.74

Conclusion: Sah Petroleums has a current Equity Capital of Rs.16 crores comprising of 3.2 crore Equity Shares of Rs.5 each. The current promoters of the company hold 1.74 crore shares comprising 54.47% of the equity while the Non-Promoter shareholding is 45.53%.

The Board of Sah Petroleums in their Board Meeting on October 17, 2008 has resolved to issue 1.2 Crore Equity Shares of the company to NAF India Holdings Pvt. Ltd. at a price of Rs 26.65 per equity share on preferential basis, which comprises. This is roughly 27.27% of the diluted equity of the company. Since this investment constitutes acquisition of more than 15% Equity of the company, the transaction will necessitate a public announcement in compliance with the takeover regulations of SEBI. The acquirers alongwith persons acting in concert have made a Public Announcement for acquiring 88 Lakh shares, comprising 20% of the diluted equity at a price of Rs 48.50 per share. In all probability, the current promoters of the company would not be allowed to participate in the open offer. The current public shareholding is roughly 1.46 crore shares. Assuming all non promoter shareholders opt for the open offer and tender their shares, the acceptance ratio would be 60%, which means any shareholder tendering 100 shares in the open offer, will have 60 shares accepted by the acquirer at a price of Rs.48.50 per share. In reality, the acceptance ratio can be higher.

The stock of Sah Petroleums offer an attractive arbitrage with significant upside from the current levels, in these uncertain times.The caution here is that the time schedule for the open offer (December 4, 2008 as date of opening of offer) may get delayed, as has been seen in numerous other cases of open offer, due to delays in approvals & compliances.

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