* ABG SHIPYARD: The company and private investment fund Tano Capital to sell Italian electric motor maker Cemp, which they acquired in 2007, for about 3 bln rupees.
* ADITYA BIRLA CHEMICALS ( INDIA ): Has commissioned commercial production of caustic soda at its brownfield unit at Renukoot in Uttar Pradesh.
* BANK OF INDIA : Has allotted 22.12 mln shares to the government on preferential basis at 365.70 rupees a share.
* COAL INDIA: Has said it may have to cut prices of its high-quality coal.
* DLF: Board has approved institutional placement programme and other routes to trim its promoter stake to meet SEBI's minimum public shareholding norm.
* ELDER PHARMACEUTICALS: Is planning to set up a joint venture with Japanese company KOSE Corp for manufacturing and selling cosmetics in India .
* HINDUSTAN PETROLEUM CORP: Board has approved setting up a 9-mln-tn refinery- cum-petrochemicals complex in Rajasthan at an investment of around 370 bln rupees. The company along with Shapoorji Pallonji will set up a 50-bln-rupee terminal on Gujarat coast to import liquefied natural gas.
* HOUSING DEVELOPMENT FINANCE CORP: Will raise 5 bln rupees through five-year bullet redemption bonds.
* ICICI BANK: Will this month auction 25 kg gold jewellery pledged with it for loans to recover dues.
* IL&FS ENGINEERING: SEBI has disposed off the case against a couple charged with fraudulent trading in shares of the company.
* MAHINDRA HOLIDAYS & RESORTS INDIA: Promoter MAHINDRA & MAHINDRA to sell 3.4 mln shares of the company, or 4.02% stake, via an offer for sale today, floor price for which has been set at 270 rupees per share.
* MAHINDRA & MAHINDRA: Workers at Nashik unit have been on a tool-down strike since 1800 IST on Tuesday following the suspension of the general secretary and another leader of the labour union at the plant. Company's President Goenka said the current duty structure on electric cars is quite disappointing and it may impact the company's sales volume.
* MCNALLY BHARAT ENGINEERING CO: Has issued 400 mln cumulative non-convertible redeemable preference shares to Tata Capital Financial Services.
* MULTI COMMODITY EXCHANGE: NYSE Euronext to sell 2.44 mln shares representing 4.8% stake in the exchange via a block deal today in a price range of 1,005 rupees to 1,026 rupees per share.
* NIMBUS PROJECTS: Is planning to buy 100% stake in a Delhi-based company and will seek the approval of the board for the same on Mar 13.
* RASHTRIYA CHEMICALS AND FERTILIZERS: Government to sell 68.96 mln shares, or 12.5% stake, of the company through offer for sale on Friday.
* RELIANCE INDUSTRIES: The Bombay High Court has disposed off the petition filed by SEBI against the Chief Information Commissioner directing it to disclose information regarding the 2007 insider trading in the company.
* ROLLATAINERS: Has entered a joint venture pact with Japan 's Toyo Machine Manufacturing Co for production of packaging-related machines and spare parts.
* TATA STEEL: Plans to raise $1 bln through overseas bond issue by March end.
* ULTRATECH CEMENT: Has despatched 3.31 mln tn cement in February, 6% lower than a year ago, while production during the month fell 4% to 3.32 mln tn.
