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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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Magma Fincorp allots 14000 equity shares
May 10,2017

Magma Fincorp has allotted 14,000 Equity Shares of face value of Rs. 2/- each at a price of Rs. 60/- per share (including premium of Rs. 58/- per share) to the eligible employees of the Company under Magma Employee Stock Option Plan 2007 (the Scheme) at their meeting held on 10 May 2017.

Pursuant to this allotment, the issued, subscribed and paid-up equity share capital of the Company stand increased to Rs. 47,39,47,344/- (Rupees Forty Seven Crores Thirty Nine Lakhs Forty Seven Thousand and Three Hundred Forty Four only) consisting of 23,69,73,672 Nos. (Twenty Three Crores Sixty Nine Lakhs Seventy Three Thousand and Six Hundred Seventy Two) of Equity Shares of Rs. 2/- each

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Hero MotoCorp to pay final dividend
May 10,2017

Hero MotoCorp announced that final dividend @1500% viz. Rs. 30/- per equity share for financial year 2016-17, if declared at the ensuing AGM, will be paid by 10 August 2017.

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Veeram Ornaments announces resignation of director
May 10,2017

Veeram Ornaments announced that the Board of Directors of the company has accepted the Resignation of Manohar B. Chunara from directorship w.e.f. 12 April 2017.

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Inox Leisure provides business update
May 10,2017

Inox Leisure announced that the Company has not renewed the License Agreement with Bruhat Bengaluru Mahanagara Palike and has accordingly discontinued the Commercial Operations of the Multiplex Cinema Theatre situated at 2nd Floor, Shankarnag Chitramandira, M. G. Road, Bengaluru - 560001. The said Multiplex Cinema Theatre had 1 screen and 612 seats. INOX is now present in 58 cities with 118 Multiplexes, 471 screens and a total seating capacity of 1,18,284 seats across India.

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IL&FS Investment Managers provides update on scheme of arrangement and amalgamation
May 10,2017

IL&FS Investment Managers announced that the Supreme Court of Mauritius has approved the Scheme of Arrangement and Amalgamation between its subsidiaries IIML Advisors LLC and IL&FS Investment Advisors LLC. The said court order has been filled with Registrar of Companies, Mauritius.

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Lakhotia Polyesters (India) to hold AGM
May 10,2017

Lakhotia Polyesters (India) announced that the Annual General Meeting (AGM) of the company will be held on 31 July 2017.

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Board of Vijaya Bank recommends final dividend
May 10,2017

Vijaya Bank announced that the Board of Directors of the Company at its meeting held on 9 May 2017, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 15%) , subject to the approval of the shareholders.

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Board of Godrej Consumer Products recommends dividend
May 10,2017

Godrej Consumer Products announced that the Board of Directors of the Company at its meeting held on 9 May 2017, inter alia, have recommended the dividend of Rs 12 per equity Share (i.e. 1200%) , subject to the approval of the shareholders.

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Godrej Consumer Products to hold AGM
May 10,2017

Godrej Consumer Products announced that the Annual General Meeting (AGM) of the company will be held on 31 July 2017.

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Honeywell Automation India to hold board meeting
May 10,2017

Honeywell Automation India will hold a meeting of the Board of Directors of the Company on 16 May 2017, for business review and appointment of Company Secretary [KMP].

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Precision Containeurs to hold AGM
May 10,2017

Precision Containeurs announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2017.

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GTL to hold board meeting
May 10,2017

GTL will hold a meeting of the Board of Directors of the Company on 8 May 2017, to approve the Audited Financial Results on standalone and consolidated basis for the year ended 31 March 2017 along with notes and Joint Auditors Report relating thereto

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Board of BSE recommends final dividend
May 10,2017

BSE announced that the Board of Directors of the Company at its meeting held on 5 May 2017, inter alia, have recommended the final dividend of Rs 23 per equity Share (i.e. 1150%) , subject to the approval of the shareholders.

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Indian currency market closed for holiday
May 10,2017

Indian currency market was closed on Wednesday (10 May 2017) for a local holiday on account of Buddha Pournima. The trading will commence on Thursday.

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Hindalco provides update on subsidiary - Novelis
May 10,2017

Hindalco Industries announced that its subsidiary, Novelis Inc. has entered into a joint venture agreement with Kobe Steel, a producer of aluminium products in Japan. The joint venture to be named as Ulsan Aluminium, will be formed by Novelis selling Kobe Steel 50 per cent of its ownership interest in its Ulsan, South Korea facility for USD 315 million.

Through the joint venture, Novelis and Kobe Steel will jointly own and operate the Ulsan facility, with each company remaining responsible for its metal supply and commercial relationship. The joint venture transaction is expected to close in September 2017, subject to customary closing conditions.

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