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Bayer to acquire Monsanto in all cash transaction

Bayer to acquire Monsanto in all cash transaction

Sep 14,2016

Monsanto India announced that Bayer and Monsanto signed definitive agreement under which Bayer will acquire Monsanto for USD 128 per share in an all cash transaction.

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Board of Magna Eletrocasting recommends final dividend
May 30,2017

Magna Eletrocasting announced that the Board of Directors of the Company at its meeting held on 26 May 2017, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

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Board of Jagsonpal Pharmaceuticals recommends final dividend
May 30,2017

Jagsonpal Pharmaceuticals announced that the Board of Directors of the Company at its meeting held on 28 May 2017, inter alia, have recommended the final dividend of Rs 0.1 per equity Share (i.e. 2%) , subject to the approval of the shareholders.

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Board of Poddar Pigments recommends final dividend
May 30,2017

Poddar Pigments announced that the Board of Directors of the Company at its meeting held on 27 May 2017, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Board of Torrent Pharmaceuticals recommends final dividend
May 30,2017

Torrent Pharmaceuticals announced that the Board of Directors of the Company at its meeting held on 26 May 2017, inter alia, have recommended the final dividend of Rs 4 per equity Share (i.e. 80%) , subject to the approval of the shareholders.

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CIFCO Finance to hold AGM
May 30,2017

CIFCO Finance announced that the Annual General Meeting (AGM) of the company will be held on 1 July 2017.

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Indo Tech Transformers to hold AGM
May 30,2017

Indo Tech Transformers announced that the Annual General Meeting (AGM) of the company will be held on 11 August 2017.

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United Breweries to hold AGM
May 30,2017

United Breweries announced that the Annual General Meeting (AGM) of the company will be held on 25 September 2017.

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Board of Bimetal Bearings recommends final dividend
May 30,2017

Bimetal Bearings announced that the Board of Directors of the Company at its meeting held on 26 May 2017, inter alia, have recommended the final dividend of Rs 7.5 per equity Share (i.e. 75%) , subject to the approval of the shareholders.

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VRL Logistics to hold AGM
May 30,2017

VRL Logistics announced that the Annual General Meeting (AGM) of the company will be held on 4 August 2017.

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Orient Paper & Industries to hold EGM
May 30,2017

Orient Paper & Industries announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 29 June 2017 .

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M&M gains after declaring good Q4 outcome
May 30,2017

Meanwhile, the S&P BSE Sensex was up 50.12 points or 0.16% at 31,159.40.

On the BSE, 1.73 lakh shares were traded on the counter so far as against the average daily volumes of 1.52 lakh shares in the past one quarter. The stock had hit a high of Rs 1,377.55 and a low of Rs 1,342.75 so far during the day. The stock had hit a record high of Rs 1,508.80 on 9 August 2016 and a 52-week low of Rs 1,141.80 on 2 December 2016.

The stock had underperformed the market over the past one month till 29 May 2017, rising 1.23% compared with the 3.98% gain in the Sensex. The scrip had underperformed the market in past one quarter, gaining 3.37% as against Sensexs 8.23% gain.

The large-cap company has equity capital of Rs 310.55 crore. Face value per share is Rs 5.

The gross revenues and other income of the combined entity Mahindra & Mahindra (M&M) and Mahindra Vehicle Manufacturers (MVML) rose 5.2% to Rs 12289 crore in Q4 March 2017 over Q4 March 2016.

The profit before tax and before exceptional item rose 13.1% to Rs 1085 crore in Q4 March 2017 over Q4 March 2016. The profit after tax before exceptional item rose 13.8% to Rs 780 crore in Q4 March 2017 over Q4 March 2016.

The profit before tax after exceptional item rose 22.1% to Rs 1179 crore in Q4 March 2017 over Q4 March 2016. The profit after tax after exceptional item rose 26.3% to Rs 874 crore in Q4 March 2017 over Q4 March 2016.

MVML was set up as a 100% subsidiary of M&M with a view to source contemporary products for expanding the market offerings of the company.

M&M enjoys a leadership position in tractors and utility vehicles in India.

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Superior Finlease reports standalone net profit of Rs 0.03 crore in the March 2017 quarter
May 30,2017

Net profit of Superior Finlease reported to Rs 0.03 crore in the quarter ended March 2017 as against net loss of Rs 0.05 crore during the previous quarter ended March 2016. Sales rose 150.00% to Rs 0.05 crore in the quarter ended March 2017 as against Rs 0.02 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 0.14 crore in the year ended March 2017 as against net loss of Rs 0.34 crore during the previous year ended March 2016. Sales rose 12.50% to Rs 0.18 crore in the year ended March 2017 as against Rs 0.16 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales0.050.02 150 0.180.16 13 OPM %60.00-250.00 -38.89-162.50 - PBDT0.03-0.05 LP 0.07-0.26 LP PBT0.03-0.05 LP 0.07-0.26 LP NP0.03-0.05 LP 0.14-0.34 LP

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Aayush Food And Herbs standalone net profit declines 66.67% in the March 2017 quarter
May 30,2017

Net profit of Aayush Food And Herbs declined 66.67% to Rs 0.04 crore in the quarter ended March 2017 as against Rs 0.12 crore during the previous quarter ended March 2016. Sales rose 685.74% to Rs 39.68 crore in the quarter ended March 2017 as against Rs 5.05 crore during the previous quarter ended March 2016.

For the full year,net profit rose 466.67% to Rs 0.34 crore in the year ended March 2017 as against Rs 0.06 crore during the previous year ended March 2016. Sales rose 1864.24% to Rs 99.98 crore in the year ended March 2017 as against Rs 5.09 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales39.685.05 686 99.985.09 1864 OPM %0.152.38 -0.481.96 - PBDT0.040.12 -67 0.530.10 430 PBT0.040.12 -67 0.520.09 478 NP0.040.12 -67 0.340.06 467

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VMS Industries consolidated net profit declines 41.67% in the March 2017 quarter
May 30,2017

Net profit of VMS Industries declined 41.67% to Rs 0.14 crore in the quarter ended March 2017 as against Rs 0.24 crore during the previous quarter ended March 2016. Sales rose 30.34% to Rs 31.92 crore in the quarter ended March 2017 as against Rs 24.49 crore during the previous quarter ended March 2016.

For the full year,net profit declined 14.74% to Rs 0.81 crore in the year ended March 2017 as against Rs 0.95 crore during the previous year ended March 2016. Sales rose 12.71% to Rs 114.74 crore in the year ended March 2017 as against Rs 101.80 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales31.9224.49 30 114.74101.80 13 OPM %2.793.27 -2.623.03 - PBDT0.440.21 110 2.181.75 25 PBT0.340.39 -13 1.751.40 25 NP0.140.24 -42 0.810.95 -15

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Lyka Labs reports consolidated net profit of Rs 1.84 crore in the March 2017 quarter
May 30,2017

Net profit of Lyka Labs reported to Rs 1.84 crore in the quarter ended March 2017 as against net loss of Rs 11.99 crore during the previous quarter ended March 2016. Sales declined 11.61% to Rs 30.60 crore in the quarter ended March 2017 as against Rs 34.62 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 4.68 crore in the year ended March 2017 as against net profit of Rs 3.69 crore during the previous year ended March 2016. Sales declined 10.61% to Rs 116.58 crore in the year ended March 2017 as against Rs 130.41 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales30.6034.62 -12 116.58130.41 -11 OPM %16.5711.64 -18.4314.78 - PBDT3.32-0.38 LP 6.625.80 14 PBT2.03-2.87 LP -2.40-3.53 32 NP1.84-11.99 LP -4.683.69 PL

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