3rd October 2005: IL&FS Investmart, on behalf of Aptech Investments, today announced that the acquirers could get only 3,403 shares (0.008%) in the open offer made to shareholders at Rs 67.50 per share.

According to a release issued by Aptech to the BSE today, the offer was made for acquiring 82,70,000 shares by Aptech Investments.

"The shareholding of the acquirers now total 1,05,54,403 shares, accounting for 25.65% of the paid-up capital of Aptech after the open offer, as against the envisaged holding of 1,88,21,000 accounting for 45.74% of the paid-up capital," the release added.

The initial offer, made on July 16, 2005, to acquire up to 68,90,000 shares was later hiked to 82,70,000 shares on September 20, according to releases issued by the company to the BSE.

3rd October 2005: IVRCL Infrastructures & Projects is planning to issue raise $140 million by issuing FCCBs/ADRs/GDRs. According to a release issued by IVRCL to the BSE today, the board of directors of the company, which met on October 29, 2005, approved the proposal as against the earlier plan to raise up to $200 million.

20th October 2005: DCHL has allotted 54,022 Zero Coupon rate convertible bonds to J P Morgan Securities. These bonds (FCCBs), due 2010, are worth 1,000 dollars each aggregating to 54.022 million dollars, the company informed the Bombay Stock Exchange.

17th October 2005: JM Morgan Stanley Pvt Ltd ("Manager to the Offer"), on behalf of Winro Commercial (India) Ltd ("Acquirer") has issued this Public Announcement ("PA"), pursuant to and in compliance with Regulations 11(2) of Chapter III of Securities & Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 ("Regulations"), as below:

The Offer:

The Acquirer is making this PA to the shareholders of Aroni Chemical Industries Ltd ("Target Company"), to acquire upto 452,915 equity shares of Rs 10/- each representing 10.98% of the fully paid up equity share capital of the Target Company at a price of Rs 31.50/- per equity share ("the Offer Price") plus interest of Rs 35.20 per equity share, calculated at the rate of 15% per annum from July 28, 1998 upto January 05, 2006 i.e. the scheduled date of the payment of consideration (the interest amount being subject to change depending upon the actual date of dispatch of such payment of consideration).

Schedules of Activities

Specified Date: October 14, 2005

Date of Opening of the Offer: December 02, 2005

Date of Closing of the Offer: December 21, 2005

14th October 2005: India Cements Ltd raised $100 mn after selling 46.26 mn shares, ABN Amro Rothschild, the book runner of the deal said today. The offering, which was more than three times covered, is likely to expand to $115 mn, Rene Mijne, head of syndicate at ABN Amro Rothschild Asia told the agency. The company sold 23.13 mn GDRs or 46.26 mn common shares at Rs 97 each. The proceeds will be used to expand its production.