Friday, 17 October 2014

Tata Consultancy - Shareholding Pattern For September 30, 2014

Tata Consultancy Services Ltd has informed BSE about the Shareholding Pattern as on September 30, 2014.

Thursday, 16 October 2014

Tata Consultancy - Fixes Record Date for Second Interim Dividend


Tata Consultancy Services Ltd has informed BSE that the Company has fixed October 30, 2014 as the Record Date for the purpose of payment of Second Interim Dividend. 

The Second Interim Dividend will be paid to the equity shareholders of the Company on November 11, 2014.

Tata Consultancy - Board declares Second Interim Dividend

Tata Consultancy Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 16, 2014, inter alia, have declared a Second Interim Dividend of Rs. 5 per Equity Share of Rs. 1 each of the Company.

Tata Consultancy - Press Release - CMC Limited amalgamates with TCS

Tata Consultancy Services Ltd has informed BSE regarding a Press Release dated October 16, 2014 titled "CMC Limited amalgamates with TCS".

Tata Consultancy - CMC Limited amalgamates with TCS


Tata Consultancy Services Ltd has informed BSE that the Audit Committee of the Company at its meeting held on October 16, 2014, have furnished their Report recommending the Scheme of Amalgamation of CMC Limited (CMC) with the Company (Scheme) formulated under sections 391-394 and other applicable provisions, if any, of the Companies Act, 1956 or any statutory modifications, re-enactments or amendments thereof from time to time. The Boards of the Company and of its subsidiary, CMC at their respective meetings held on October 16, 2014 have approved the Scheme.

As per the terms of the Scheme, shareholders of CMC (other than TCS) will receive 79 equity share(s) of Rs. 1 each of TCS for every 100 equity share(s) of Rs. 10 each of CMC held by them. The Swap Ratio has been arrived at based on the valuation report prepared by B.S.R. & Associates LLP.

The appointed date for the proposed Scheme is April 01, 2015. The Scheme is subject to sanction of the Hon'ble High Courts and all other statutory approvals as may be required under law.

Tata Consultancy - Outcome of Board Meeting - CMC Limited amalgamates with TCS


Tata Consultancy Services Ltd has informed BSE that the Audit Committee of the Company at its meeting held on October 16, 2014, have furnished their Report recommending the Scheme of Amalgamation of CMC Limited (CMC) with the Company (Scheme) formulated under sections 391-394 and other applicable provisions, if any, of the Companies Act, 1956 or any statutory modifications, re-enactments or amendments thereof from time to time. The Boards of the Company and of its subsidiary, CMC at their respective meetings held on October 16, 2014 have approved the Scheme.


As per the terms of the Scheme, shareholders of CMC (other than TCS) will receive 79 equity share(s) of Rs. 1 each of TCS for every 100 equity share(s) of Rs. 10 each of CMC held by them. The Swap Ratio has been arrived at based on the valuation report prepared by B.S.R. & Associates LLP.



The appointed date for the proposed Scheme is April 01, 2015. The Scheme is subject to sanction of the Hon'ble High Courts and all other statutory approvals as may be required under law.

Monday, 13 October 2014

Top five cos lose Rs 42k cr in market valuation

The market valuation of top-five Indian companies fell by Rs 42,519.88 crore last week, with IT major TCS taking the biggest hit.
While TCS, ITC, CIL, HDFC Bank and Sun Pharma saw losses in their valuation, ONGC, RIL, Infosys, SBI and ICICI Bank made gains.
The market capitalisation (MCAP) of TCS plunged by Rs 18,911.52 crore to Rs 5,24,772.61 crore.
ITC's MCAP tanked by Rs 8,691.94 crore to Rs 2,81,610.82 crore, while Sun Pharma lost Rs 8,626.15 crore to Rs 1,69,582 crore.
The valuation of CIL fell by Rs 6,000.55 crore to Rs 2,11,313.97 crore and HDFC Bank lost Rs 289.72 crore to Rs 2,09,309.66 crore.
On the other hand, RIL's value moved up by Rs 10,834.71 crore to Rs 3,10,584.25 crore, while that of ICICI Bank rose by Rs 3,673.42 crore to Rs 1,68,967.23 crore.
Infosys saw its MCAP climb Rs 2,397.43 crore to Rs 2,23,317.57 crore, SBI (Rs 2,112.8 crore to Rs 1,83,007.46 crore) and ONGC (Rs 1,582.77 crore to Rs 3,46,069.58 crore).
In the ramking of top-10 firms, TCS was at number one position followed by ONGC, RIL, ITC, Infosys, CIL, HDFC Bank, SBI, Sun Pharma and ICICI Bank.
The BSE 30-share barometer Sensex ended the week at 26,297.38, a net fall of 270.61 points or 1.02 per cent.