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DCB Bank allots 1,84,875 equity shares
Jun 29,2017

DCB Bank has allotted 1,84,875 equity shares of Rs.10/- each on 29 June 2017, pursuant to the terms of the Employee Stock Option Plan (ESOP) of the Bank. Post this allotment, Banks issued and paid up share capital has increased to 307,541,658 shares of Rs.10/- each.

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Outcome of board meeting of Pincon Lifestyle
Jun 29,2017

Pincon Lifestyles announced that the Board of Directors at its meeting held on 29 June 2017 has approved becoming 100% shareholder of a new company to be formed in Sarjah Media City Free Zone - Shams, Dubai with the name of Pincon Lifestyle LLC.

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Rajesh Exports bags an export order
Jun 29,2017

Rajesh Exports announced that the Company has bagged a new export order worth Rs 774 crore.

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TCFC Finance to hold AGM
Jun 29,2017

TCFC Finance announced that the 26th Annual General Meeting (AGM) of the company will be held on 22 August 2017.

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Alkali Metals to hold AGM
Jun 29,2017

Alkali Metals announced that the 49th Annual General Meeting (AGM) of the company will be held on 4 August 2017.

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BSL to hold AGM
Jun 29,2017

BSL announced that the 46th Annual General Meeting (AGM) of the company will be held on 26 September 2017.

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VCK Capital Market Services to hold AGM
Jun 29,2017

VCK Capital Market Services announced that the 34th Annual General Meeting (AGM) of the company will be held on 2 August 2017.

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HT Media to hold board meeting
Jun 29,2017

HT Media will hold a meeting of the Board of Directors of the Company on 18 July 2017, to consider and approve the Un-audited Financial Results of the Company for the quarter ending on 30th June 2017.

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Time Technoplast plans to launch LiteSafe Composite Cylinders for Automotive CNG
Jun 29,2017

Time Technoplast announced the successful trial production and testing of Carbon Fiber based Composite Cylinders for CNG for automotive applications. This has been done for the first time in India. Company has developed 60 ltr & 30 ltr nonn++]metallic Typen++]4 Composite Cylinders which are able to withstand burst pressure of over 550 bars exceeding the requirement of ISO 11439 & IS 15935: 2011. It shortly starts process of getting approval from independent 3rd party and PESO before putting them on field trials. These LiteSafe Composite Cylinders offer numerous technical and operational advantages over conventional steel cylinders for the same application.

The Company is planning to launch these Cylinders in 2nd half of FY 2018n++]n++f19 after obtaining necessary approvals and extensive trials.

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Nesher Pharmaceutical gets final approval for Dextroamphetamine Sulfate ER Capsules
Jun 29,2017

Nesher Pharmaceutical, a subsidiary of Zydus Pharmaceutical USA has received final approval from USFDA to market Dextroamphetamine Sulfate Extended-Release Capsules, 5 mg.

The drug will be produced at the Nesher Pharmaceuticals manufacturing facility located at St. Louis, MO, USA.

Dextroamphetamine is a central nervous system stimulant used in the treatment of Attention Deficit Hyperactive Disorder (ADHD) and in the treatment of narcolepsy (a special type of sleep disorder).

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CRISIL buys 8.9% stake in CARE Ratings
Jun 29,2017

CRISIL has purchased 26,22,430 equity shares of CARE Ratings representing 8.9% of its equity share capital.

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Atishay receives ISO/ IEC 20000-1:2011 certification
Jun 29,2017

Atishay has received ISO/ IEC 20000-1:2011 certification. This certifies that the Service Management System of Information Technology comply with provision of IT services in digitalisation and bulk data processing, MIS generation, GIS solution, smart card and PVC card solution, procurement of biometric and demographic data, transliteration of electrol rolls into multiple languages and telecom system integration.

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Som Distilleries & Breweries launches its flagship brand HUNTER
Jun 29,2017

Som Distilleries & Breweries announced the launch of its flagship brand HUNTER in Karnataka.

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Bank of India gets reaffirmation of long term issuer ratings
Jun 29,2017

Bank of India announced that its long term issuer default ratings have been reaffirmed by Fitch Ratings but its viability rating (VR) has been downgraded to B+ from BB-.

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L T Foods commences operations at its rice processing plant in Rotterdam, Netherlands
Jun 29,2017

L T Foods commenced operations its first rice processing plant in Europe at Rotterdam, Netherlands. LT Foods has made an investment of USD 15 million in the plant with initial capacity of 60,000 tonnes and scope for further expansion in the future. The Company plans to make its most popular Daawat brand a household name in Europe using raw material from India. The move will benefit 5000 farmer families in India with brown rice supply increasing from India.

LT Foods plant is the first rice processing plant by any Indian foods brand in Europe. LT Foods plans to expand its geographical footprint in important markets of Europe and UK through this plant by increasing its sales from the current 5,000 tonnes to 60,000 tonnes over the next 3 years.

The Company would be manufacturing a wide range of rice including popular varieties like Basmati, Thai, Jasmine and American rice from the new plant. Rotterdam, which is popularly known as the gateway to Europe will be a critical geographical location as it will give the Company easy access to the whole of Europe and UK for its expansion plans.

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