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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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Bharat Electronics launches Remote Controlled Weapon Station for MBT Arjun Mk II
Feb 14,2017

Bharat Electronics has unveiled a new Weapon Control system n++ Remote Controlled Weapon Station (RCWS)/Air Defence Weapon Station (ADWS) for 12.7 mm Gun of MBT Arjun Mk II battle tank, at Aero India 2017 on 14 February 2017.

The RCWS is an improvised version of the manually operated air defence gun. It enables the soldier to aim and fire at aerial targets from the safe interiors of the battle tank. Presently, the 12.7 mm guns of all tanks are manually operated. RCWS integrated on MBT Mk II has successfully completed tank integration and firing trials in September 2015. RCWS has also been developed for use in Armed Repair and Recovery Vehicle(ARRV). It can also be mounted on hovercraft / fast moving boats for the Coast Guard.

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Quess Corp completes acquisition of 64% stake in Comtel Solutions
Feb 14,2017

Quess Corp has completed the acquisition of 64% equity of Comtel Solutions, on 14 February 2017.

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IMP Powers provides business update
Feb 14,2017

IMP Powers has successfully conducted Dynamic Short Circuit test on 160 MVA, 220/66 KV Power Transformer in 1st attempt for its esteemed customer HVPNL. This testing is for one of the highest ratings transformers done by CPRI Bangalore within India.

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KDDL acquires additional 50% in JV Satva Jewellery and Design
Feb 14,2017

KDDL has acquired 50% equity holding from Joint Venture Partner in Satva Jewellery and Design. With this acquisition, the Satva Jewellery and Designs has become wholly owned subsidiary of the Company.

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Nimbus Foods Industries announces change in CFO
Feb 14,2017

Nimbus Foods Industries announced that the meeting of the Board of Directors of the Company was held on 14 February 2017 wherein resignation of Jay Prakash Verma from the post of Chief Financial Officer of the Company was approved.

Further, the Board of directors has also appointed Pushpendra Singh Chauhan as Chief Financial Officer of the Company.

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Vakrangee launches Mobile Aadhaar Van Service
Feb 14,2017

Vakrangee along with Union Bank of India (UBI) and UIDAI has launched a fully equipped Mobile Aadhaar Van Service, to provide user-friendly facilitation of Aadhaar Enrollment, Updation and Printing services, for Senior and Physically challenged residents.

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Power Mech Projects secures new work orders
Feb 14,2017

Power Mech Projects has received Letter of Intent / Work order for four projects aggregating Rs 475.86 crore.

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Prabhat Dairy director resigns
Feb 14,2017

Prabhat Dairy announced that Omprakash Venkatswamy Bundellu, an Independent Director of the Company has resigned from the directorship of the Company with effect from 13 February 2017.

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Spectra Industries appoints company secretary and compliance officer
Feb 14,2017

Spectra Industries announced that Ruchita Prafullkumar Shah is appointed as Company Secretary and Compliance Officer of the Company with effect from 14 February 2017.

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Uniworth Securities to acquire shares of 5 companies
Feb 14,2017

Uniworth Securities announced that the Board of Directors of the Company at its meeting held on 13 February 2017 has approved the purchase of shares of the following companies for purpose of making them same as wholly owned subsidiaries.

Indoworth Yarns, Indoworth Services, Indoworth Power, Indoworth Fabrics (Raipur) and Indoworth Fabrics (Nagpur).

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ITC allots 43,09,540 ordinary shares
Feb 14,2017

ITC announced that the Company on 14 February 2017 issued and allotted 43,09,540 Ordinary Shares of Rs. 1/- each, upon exercise of 4,30,954 Options by Optionees under the Companys Employee Stock Option Schemes.

Consequently, the Issued and Subscribed Share Capital of the Company stands increased to Rs. 1213,04,24,001/- divided into 1213,04,24,001 Ordinary Shares of Rs. 1/- each.

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Strides Shasun allots 4311 equity shares
Feb 14,2017

Strides Shasun has allotted 4,311 fully paid equity shares of Rs.10/-each under the Strides Arcolab ESOP 2015 Scheme of the Company on 11 February 2017.

Consequent to the allotment, the paid up equity share capital of the Company has increased from Rs. 893,686,950/- consisting of 89,368,695 equity shares of Rs. 10/- each to Rs. 893,730,060/- consisting of 89,373,006 equity shares of Rs. 10/- each.

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Aditya Birla Fashion & Retail allots 1,13,269 equity shares
Feb 14,2017

Aditya Birla Fashion & Retail announced that pursuant to the Composite Scheme of Arrangement amongst the Company, Aditya Birla Nuvo (ABNL), Madura Garments Lifestyle Retail Company and their respective shareholders and creditors, the Company has allotted 1,13,269 Equity Shares of Rs. 10/- each (said Shares), to Non-resident (Repatriable) Shareholders of ABNL, under Lot 7, on 14 February 2017.

The said Shares rank pari passu in all respects with the existing Equity Shares of the Company.

Consequent to the above allotment, the Paid-up Equity Share Capital of the Company has increased from Rs. 7,70,38,71,210 (i.e. 77,03,87,121 Fully Paid-up Equity Shares of Rs. 10/- each) to Rs. 7,70,50,03,900 (i.e. 77,05,00,390 Fully Paid-up Equity Shares of Rs. 10/- each).

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Vippy Spinpro appoints CFO
Feb 14,2017

Vippy Spinpro announced that Hassan Ali has been appointed and assumed office as the new Chief Financial Officer of the Company with effect from 15 February 2017.

Further the Company has accepted resignation of Deepa Mekal, from Directorship of the Company w.e.f. 15 February 2017.

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India Gelatine & Chemicals provides update on its application to GPCB for CC&A
Feb 14,2017

India Gelatine & Chemicals announced that Vapi, where the plant of the Company is located is no longer classified as critically polluted area under the new Comprehensive Environmental Pollution Index (CEPI) since 25 November 2016.

Based on this event, the Company has applied on 13 December 2016 to Gujarat Pollution Control Board (GPCB) for obtaining the Consolidated Consent & Authorization (CC&A) aimed at enhancement of production capacity of Gelatine.

The Regional Office of Gujarat Pollution Control Board (GPCB) has also conducted an inspection of the Companys plant on 24 January 2017 & the approval of Consolidated Consent & Authorization (CC&A) is expected in due course.

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