Form 6-K

FORM 6-K

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C., 20549

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month May 2005

Commission File Number 001-15118

 

 

VIDESH SANCHAR NIGAM LIMITED

(Translation of registrant’s name into English)

 

 

Videsh Sanchar Bhavan, Mahatma Gandhi Road, Mumbai 400 001, India

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F  [X]        Form 40-F  [    ]

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):                       

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):                       

 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

 

Yes               No  [X]

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2 (b): 82 -                      .

 

Registrant hereby incorporates in the report on Form 6-K the following Exhibits:

 

Exhibit

Number

  

Description of Exhibit            

1.   Notification to the Stock Exchanges regarding Board Meeting for considering Annual Accounts and Recommendation of Dividend

 

Forward-Looking Statements

 

All words and statements other than statements of historical fact included in this Form 6-K (including the attached exhibits), including, without limitation, “expect”, “believe”, “plan”, “intend”, “estimate”, “anticipate”, “may”, “will”, “would” and “could” or similar words and statements concerning the registrant and its prospects, and other statements relating to the registrant’s expected financial position, business strategy, the future development of the registrant’s operations and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the registrant, or industry results, to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the registrant’s present and future business strategies and the environment in which the registrant will operate in the future. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, changes in government policies or regulations of India and, in particular, changes relating to the administration of the registrant’s industry, and changes in general economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in the registrant’s control, include, but are not limited to, those risk factors discussed in the registrant’s various filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on September 29, 2004. These forward-looking statements speak only as of the date of this Form 6-K. The registrant expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in the registrant’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.

 

VIDESH SANCHAR NIGAM LIMITED

By:

  

/s/ Amitabh A Khanna

Name:

   Amitabh A Khanna

Title :

   Chief Financial Officer

 

Date: May 27, 2005

EXHIBIT 1

 

LOGO

 

Rishabh Nath Aditya

Deputy Company Secretary

 

HQ/CS/CL.24B/11448

26 May 2005

 

Sir,

 

    Sub :     Notice of Board Meeting for considering Annual Accounts - Recommendation of Dividend.

 

Please refer to our earlier letter No.HQ/CS/CL.24B/11331 dated 28 March 2005 wherein we had intimated that in respect of results for the last quarter of the financial year 2004-05, VSNL will publish audited results within a period of 3 months from the end of the last quarter of the financial year when the limited review report will also be sent.

 

Now, pursuant to clause 19 of listing agreement with Indian Stock Exchanges, please be informed that the next and 150th meeting of the Board of Directors of VSNL will be held on 9 June 2005 at Mumbai to consider financial results for the quarter and audited for the financial year ended 31 March 2005 and to recommend dividend for the year 2004-05, if any.

 

Thanking you,

 

Yours faithfully,

For Videsh Sanchar Nigam Limited

R.N. Aditya

Asst. Company Secretary

 

To :

 

1) Security Code 23624, The Stock Exchange, Mumbai. Fax No. (22) 22722061, 22721072

 

2) Security Code 5251, The Asst. Manager (Listing), National Stock Exchange of India Limited. Fax Nos.: (22) 26598237/38.

 

3) National Securities Depository Ltd. Fax Nos. : 2497 29 93.

 

4) Mr. Vijay Bhojwani, The Bank of New York. Fax No. 2204 49 42.

 

5) Sharepro Services. Fax No. 2837 5646

 

6) Marc H. Iyeki, Director, New York Stock Exchange, Fax No: (212) 656-5071 /72 / Madhu Kannan, Managing Director, New York Stock Exchange, Fax No: (212) 265-2016

 

7) Mr. Hitendra Patil, Vice President (Operations), Central Depository Services (India) Limited. Fax : 2267 3199.

 

8) Mr. Harish Abhichandani, for SEC filing requirements, Fax 1934.