Sat Industries to convene EGM

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LYONDELLBASELL IS ONE OF THE WORLD'S LARGEST PETROCHEMICALS COMPANY
LYONDELLBASELL UNDER CHAPTER 11 BANKRUPTCY PROTECTION SINCE JAN-2009
RIL MAKES NON-BINDING CASH OFFER TO BUY CONTROL IN LYONDELLBASELL
OFFER APART FROM EQUITY FINANCING PROPOSED BY RIL FOR LYONDELLBASELL
OFFER UPON EMERGENCE OF LB FROM CHAPTER-11
OFFER SUBJECT TO DUE DILIGENCE & SUFFICIENT CREDITOR SUPPORT
LYONDELLBASELL: RIL OFFER POTENTIAL ALTERNATIVE TO REORGANIZATION PLAN
LYONDELLBASELL: TO TRY TO MAXIMIZE VALUE FOR ALL CREDITORS
LYONDELLBASELL PRIVATELY OWNED BY PROCHEMIE GMBH
RIL: NO ASSURANCE THAT OPPORTUNITIES WILL RESULT IN A TRANSACTION
RIL: REVIEWING OTHER GROWTH OPPORTUNITIES FOR GROWTH IN CORE BIZ
SUBMITTED TO LYONDELLBASELL NON BIDDING OFFER TO ACQUIRE FOR CASH
CASH OFFER FOR A CONTROLLING STAKE UPON EMERGENCE FROM CHAPTER 11
OFFER PURSUANT TO ITS PLAN OF REORGANISATION
OFFER IS PRELIMINARY AND SUBJECT TO CUSTOMARY CONDITIONS
RIL REVIEWING OTHER GROWTH OPPORTUNITIES FOR GROWTH
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DELL LOST 10% ON FRIDAY AFTER MISSING REVENUES & EARNINGS TARGET FOR Q3
GOLDMAN SACHS DOWN 1.6%, GE DOWN 1.1%, CISCO DOWN 1%, MERCK UP 3.2%
DELL LOST 10% ON FRIDAY AFTER MISSING REVENUES & EARNINGS TARGET FOR Q2
DOW JONES FALLS FOR 3RD STRAIGHT DAY TO END LOWER BY 0.1% ON FRIDAY
NASDAQ DOWN 0.5%, S&P 500 INDEX LOWER BY 0.3% AT CLOSE ON FRIDAY
U.S MARKETS ENDED LOWER ON FRIDAY AS TECH STOCKS TOOK THE BIGGEST HIT
RELIANCE IND PLACES RS.115 CR ORDER WITH NORWAY'S AKER SOLUTIONS

Updated: 07/11/2009 | 12:00 AM IST

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Capital Market

Saturday, November 07, 2009 (New Delhi)

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To make preferential issue of equity shares & warrants

The board of Sat Industries has decided to make preferential issue of 1,64,00,000 equity shares / warrants to the promoters / non - promoters.

The board has decided to convene extra ordinary general meeting on 07 December 2009.

This was decided at the board meeting held on 06 November 2009.

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HERO HONDA 1,651.5510.550.64

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HIND UNILEVER 276.651.450.53

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ITC 259.953.551.38

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M&M 1,039.7525.102.47

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RELIANCE INDUSTRIES LTD

The investors should remain invested in the stock

MADHUCON PROJECTS LTD

The investors can book partial profit and hold the remaining stock with a stoploss of closing below Rs 105

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Query : Sukhendu, an investor from Mumbai, has 500 Wockhardt at Rs 184/share.

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