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Vishal Information Technologies
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NSE Announcements on Vishal Info
Posted by :
MMB MessengerTracked by: 0 Boarder
Vishal Information Technologies Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on October 01, 2008 has discussed and considered some of the proposals of acquisition in UK and Europe which are in the business of Document Management. The Board is also considering to acquire Legal Process Outsourcing Company (LPO) in UK. For these acquisitions the Board has finalised to issue Global Depository Receipts (GDRs) to be listed on Luxembourge Stock Exchanges EURO ETF and MTF market or raising External Comercial Borrowing. The Board has received various proposals from UK and Europe for lead managing the GDR issue and had decided to appoint an European Bank as Lead Manager and also as an advisor to the acquisition of companies in UK/ Europe. The Board has given power to Mr. G.S. Chandrashekar, Director to finalise the terms with the European Bank for Lead Manager, Book Runner, Global Coordinator, Global Depository and Custodian and Listing Agent for the proposed GDR issue. Mr. Sunil Parekh, Director of the Company has given his resignation w.e.f. October 01, 2008, the Board has accepted the same. The Board wish to record its appreciation for the services rendered by Mr. Sunil Parekh, as Director since incorporation of the Company....
BSE Announcements on Vishal Info
Posted by : MMB MessengerTracked by: 0 Boarder
Vishal Information Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 01, 2008, has discussed and considered some of the proposals of acquisition in UK and Europe which are in the business of Document Management. The Board is also considering to acquire Legal Process Outsourcing Company (LPO) in UK.
For these acquisitions the Board has finalised to issue Global Depository Receipts (GDRs) to be listed on Luxembourg Stock Exchanges EURO ETF and MTF market or raising External Commercial Borrowing.
The Board has received various proposals from UK and Europe for lead managing the GDR issue and had decided to appoint an European Bank as Lead Manager and also as an advisor to the acquisition of Companies in UK / Europe.
The Board has given power to Mr. G S Chandrashekar, Director to finalise the terms with the European Bank for Lead Manager, Book Runner, Global Coordinator, Global Depository and Custodian and Listing Agent for the proposed GDR issue.
Mr. Sunil Parekh Director of the Company has given his resignation w.e.f. October 01, 2008, the Board has accepted the same. The Board wish to record its appreciation for the services rendered by Mr. Sunil Parekh, as Director since incorporation of the Company....
Vishal Info: Acquisition boost
Posted by : sambalaTracked by: 0 Boarder
STOCKS IN THE NEWS
Bs Research / Mumbai September 28, 2008.
The stock gained 12.4 per cent from Rs 314.55 to Rs 353.65 in a falling market last week after the company announced that it was considering acquisitions in the UK and Europe. The company has announced a board meeting on October 1 to consider raising funds through external commercial borrowings and global depository receipts (GDRs).
The combined trading volume on the counter almost doubled, with 11 million equity shares changing the hands last week compared with 6 million shares traded in the week earlier. The stock, which got listed in August this year, has appreciated by 136 per cent from its issue price of Rs 150 on BSE.
The company covers almost all segments in IT-enabled services sector other than the voice call centre. Currently, the company’s revenues are generated from projects and services and e-publishing, including data digitisation.
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BSE Announcements on Vishal Info
Posted by : MMB MessengerTracked by: 0 Boarder
Vishal Information Technologies Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 01, 2008, inter alia, to consider following matters:
1. To consider the proposals of acquisition of one or several target companies in United Kingdom and Continental Europe.
2. To consider for these acquisition either issue Global Depository Receipts (GDRs) or raise External Commercial Borrowings (ECB) / issue of debentures or raise debt in any form.
3. To consider the strategy for the aforesaid purpose and to appoint, various professionals and service providers in relation to the aforesaid matters.
4. To note utilization of Funds received from Initial Public Offer of shares of the Company....
NSE Announcements on Vishal Info
Posted by : MMB MessengerTracked by: 0 Boarder
Vishal Information Technologies Limited has informed the Exchange that "We are happy to announce that as mentioned in our previous news release dated 13 August 2008, we have launched the website called www.tutisclassics.com. We find that the response to our site is good. This has improved awareness & availability of our titles in the international market. Consequently this has given great boost to our sales model. Visibility of the site is created by "Direxions" a well known online marketing agency. We are sure that with the launch of this site the books will reach the market fast and the sale multiplies.Our next agenda is launching of our ONLINE BOOK stores called "Coral Hub". We are currently Beta testing this site. Coral Hub is aimed at promoting the classic titles that we publish. The site will host books published by other publishers too apart from Vishal & will sell books on POD (PrintOn Demand) model. Coral Hub will cater to Indian as well as International readership. We expect the site to go live on September 30, 2008"....
BSE Announcements on Vishal Info
Posted by : MMB MessengerTracked by: 0 Boarder
Vishal Information Technologies Ltd has informed BSE about the following:
"We are happy to announce that as mentioned in our previous news release dated August 13, 2008, we have launched the website called "www.tutisclassics.com". We find that the response to our site is good. This has improved awareness & availability, of our titles in the international market. Consequently this has given great boost to our sales model. Visibility of the site is created by "Direxions" a well known online marketing agency. We are sure that with the launch of this site the books will reach the market fast and the sale multiplies.
Our next agenda is launching of our ONLINE BOOK stores called "Coral Hub". We are currently Beta testing this site. Coral Hub is aimed at promoting the classic titles that we publish. The site will host books published by other publishers too apart from Vishal & will sell books on POD (Print On Demand) model. Coral Hub Will cater to Indian as well as International readership. We expect the site to go live on September 30, 2008."...
Is VIshal a good Intra Day Buy tommorow
Posted by :
magixtokasTracked by: 0 Boarder
yes it is for sure a good bet it will atleast touch 350 mark...and afterall IT is a safe side intrading from now on......
In reply to:
Is VIshal a good Intra Day Buy tommorow
Posted by : Guest
on 10 September 2008 will Vishal Info be a good buy for Intra day trading 
Is VIshal a good Intra Day Buy tommorow
Posted by : GuestTracked by: 0 Boarder
on 10 September 2008 will Vishal Info be a good buy for Intra day trading...
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