Teledata Informatics to trade on BSE 17/01/2008

Notice no : 20080115-24
Notice date : Tuesday, January 15, 2008
Subject : Listing of equity shares of Teledata Informatics Limited

Segment Name Equity
Scrip Name TELE DATA IN (532358)





Contents :


Trading members of the Exchange are hereby informed that the under mentioned new securities of Teledata Informatics Limited are listed and permitted for trading on the Exchange with effect from Thursday, January 17, 2008.



Name of the Company
:
Teledata Informatics Limited (TIL)

Registered Office
:
2AB, Gee Gee Emerald,

151, Village Road,

Nungambakkam,

Chennai - 600 034.

Tel. No: 044 – 2820 7991/92

Fax No: 044 – 2825 0091

Email: info@teledatain.com

Web: www.teledatain.com

Securities
:
17,16,69,080 equity shares of Rs.2/- each fully paid-up issued consequent upon reduction of share capital pursuant to the scheme of Arrangement.

Distinctive numbers
:
1 – 171669080

Scrip Code
:
532358

Group
:
B1

Market Lot
:
1 Share

Face Value & Paid up value
:
Rs.2/- each fully paid

Scrip ID on BOLT System
:
TELEDATA

Abbreviated name on BOLT System
:
TELE DATA IN

ISIN No.
:
INE480B01022




2. Trading members may note that the Equity Shares in dematerialised form after the Scheme of Arrangement has been credited in the new ISIN No. INE480B01022. Henceforth, trading members should deal in the new ISIN No. INE480B01022 only and not to deal in the old ISIN No. INE480B01014.



3. Trading members may please note that 1,77,00,000 Equity shares of the company issued in dematerialized form, are under lock-in upto August 23, 2009 and therefore these shares would not be good delivery in the market till then.



4. The particulars of the Scheme of Arrangement are as mentioned below:

a) The Scheme of Arrangement of the Company was approved by the Hon'ble High Court of Judicature at Madras, vide its order dated October 12, 2007.

b) Appointed Date: November 01, 2006

c) Effective date: October 18, 2007

d) Date of Allotment: November 27, 2007

e) The issued, subscribed and paid-up equity capital of the company before the scheme of arrangement was Rs. 17166.91 lacs consisting of 171669080 equity shares of face value of Rs.10/- each fully paid up.

f) Pursuant to the scheme, the marine solutions division and the technology solutions division of the company have demerged into Teledata Marine Solutions Limited (TMSL) and Teledata Technology Solutions Limited (TTSL) respectively. Pursuant to the Demerger, the paid up capital of the company has reduced by Rs.137,33,52,640/- and such reduction has been effected by reducing the paid up value of the equity shares from Rs.10/- per equity share to Rs.2/- per equity share. Hence, equity shareholders of the company have been issued shares in the ratio of 1(one) Equity Share of Rs.2/- each fully paid up for every 1(one) Equity Share of Rs.10/- each fully paid up.

g) Further, in consideration of the demerger of marine solutions division, the resulting company viz. TMSL has issued to the shareholders of TIL 1 (one) fully paid up equity share of Rs.2/- each for every 2 equity shares of Rs.10/- each held in TIL and in consideration of the demerger of the technology solutions division, the resulting company viz. TTSL has issued to the shareholders of TIL 1 (one) fully paid up equity share of Rs.2/- each for every 2 equity shares of Rs.10/- each held in TIL.

h) The issued, subscribed and paid-up equity capital of the company consequent upon reduction of capital pursuant to the scheme of arrangemnt comes to Rs.3433.38 lacs consisting of 17,16,69,080 equity shares of the face value of Rs.2/- each fully paid up.



5. As per Exchange Notice No. 20071106-28 dated November 06, 2007, the company has fixed November 23, 2007 as “Record Date”, for giving effect to the scheme of arrangement. Accordingly dealing in the abovementioned securities of the company was stopped with effect from November 16, 2007.



6. Trading members may also note that in respect of shares held in physical form, the company has issued new certificates without surrender of the old equity shares certificates of the company and accordingly the old share certificates shall stand cancelled.



7. Trading members of the Exchange are informed that the Equity Share certificates in physical form bearing the undermentioned distinctive numbers of the company as stated alongside shall be good/bad delivery in the market.

Sr. No.
Name of the company appearing on the share certificate
Distinctive Numbers
Date of Issue
Good/Bad Delivery

1
Teledata Informatics Limited
1 - 171669080
Before Record Date
Bad

2
Teledata Informatics Limited
1 – 171669080
After Record Date
Good




Hence, trading members should take due care and abundant caution while dealing/receiving/delivering these shares of the company from/to the market.



8. The share transfer documents should be sent to the registrar of the company at the address mentioned below:

Cameo Corporate Services Ltd.
Unit: Teledata Informatics Limited
Subramaniam Building,

No. 1, Club house road,

Chennai – 600 002.

Tel. No. 044 – 28460390

Contact Person: Mr. R.D. Ramasamy



9. The Company’s Financial Year ends on 31st March.



10. In case the trading members require any clarification on the subject matter of the notice, they may please contact Mr.N. Ramanathan, Company Secretary, Teledata Informatics Limited, on Tel. No.:044 2820 7991/92 or 09884612896 or the undersigned on Tel. Nos. 022 22721233/34 Extn: 8133 or 9833805733.





(Anupam Jha)

Deputy Manager – DCS

Tuesday, January 15, 2008

its on LC

friend,
dont get disappointed,it may even go below 40,expect a few more down circuit.but it has bright future.it will be the stock of 2008

Hi Rajesh,

Is there any reasons that why it will be the stock of 2008, does the company has declared huge orderbookings?

Or what is the basis on which it will be a good pick for this year? It is the company that is hitting regular LC's and has a threat of de-listing...


I will appreciate your views on this..

Thanks!

Dear milind,
This is one of the fastest growing componies in india.how long one can ignore a compony of this kind.the only problem is that the management is not transparent,they dont bother about investors,they believe the performance of the compony will be enough to improve the share price (unfortunately this is not the case in stock market) they dont know what is corporate governance,but its a thing that can be improved.teledata is one among the componies which provide computer education in schools like educomp,everron,niit and u know their valuation.
why i believe in this compony is that the management is very aggressive in their buisiness,recently in the AGM ,MD of teledata said they have land bank larger that DLF,though its difficult to believe this there is no smoke wtihout fire!!he is one of the board members of apollo sindhoori and i think its with thier help that he was able to keep the price below 70 before delisting,he can buy back the GDR from bank of new york at the closing a price.
religare,barclays and rhodes investment(mark faber) have taken stakes in this compony.their auditors are chadurvedy&shah ,same as that of reliance and if we can belive MD of this compony, attempts are being made to bring mark faber onto the board.milind if you have time just visit their website(new one).there are somany reasons to tell why this could be the stock of 2008,provided the management improve their image.the share price i think will stabilize between 35-40 and after the result it will improve.merchant banks have fixed the base price of 80,in due course it will see that price.please wait for one more quarter , see the performance of demeged componies and take a decision.combined EPS will be about 60 rupees.
please excuse me if my reply is not satisfactory,
rajesh

hi friends,what a day for indian market
coming to TD volume is increasing ,sellers are decreasing,expect one more LC and probably a bounce back.it will be too good a value to ignore below 35.
rajesh

Hi Rajesh,

Not sure about it as of yet, as markets are in real move...

Lets wait.

Look at the price and volumes.

dearf friends,
oh,my god its holding out..let all the week hands get out..just remember its EPS is morethan 25and the current price 27..bad reputation is the only problem with this counter..
joy

Dear friends,
expect another fantastic quarterly result on 30th..