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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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Dewan Housing Finance Corporation gets reaffirmation in credit ratings
Jul 14,2017

Dewan Housing Finance Corporation announced that Brickwork Ratings India has reaffirmed its credit ratings as under -

Secured NCD (Public Issue) (Rs 14000 crore) - BWR AAA; Stable
Secured NCD (Rs 6900 crore) - BWR AAA; Stable
Subordinate Debt (Rs 2250 crore) - BWR AAA; Stable
Innovative Perpetual Debt Instrument (Rs 1300 crore) - BWR AA+; Stable
Fixed Deposit (Rs 9000 crore) - BWR FAAA; Stable

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Outcome of board meeting of Paramount Communications
Jul 14,2017

Paramount Communications announced that the Board of Directors of the Company at its meeting held on 14 July 2017 transacted the following -

Early redemption of 765,000 outstanding 0.00% Non-Convertible Redeemable Preference Shares of face value Rs. 100 per share (NCRPS) at a price of Rs. 121.25 per NCRPS (including premium) out of fresh issue of equity shares of the Company;

To issue and allot, subject to the approval of the shareholders of the Company, a maximum of upto 20,000,000 equity shares of the Company of face value Rs. 2 each (Equity Shares) to the existing NCRPS holders.

The issue price for the proposed allotment of Equity Shares will be determined in accordance with the Securities and Exchange Board of India (ICDR) Regulations, 2009.
Notice of 23rd Annual General Meeting of the Company to be held on 17 August 2017.

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Capital First allots NCDs aggregating Rs 475 crore
Jul 14,2017

Capital First announced that the Debenture Committee constituted by the Board of Directors of the Company vide Resolution passed by Circulation in 14 July 2017, inter alia approved the allotment of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs)

1. The Company has raised Rs. 475 crore by issue of NCDs on private placement basis.

2. The Debenture Committee vide Resolution passed by Circulation on 14 July 2017 has inter - alia approved allotment of 4750 NCDs having Face Value of Rs. 10,00,000/- (Rupees Ten Lacs Only) each.

The said NCDs shall be listed on National Stock Exchange of India.

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Blue Circle Services fixes record date for consolidation of equity shares
Jul 14,2017

Blue Circle Services fixed 28 July 2017 as record date for consolidation of equity shares from Rs. 1/- to Rs. 10/- u/r 42 of SEBI LODR Regulations, 2015

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Alkem Laboratories intimates of successful USFDA inspection of Bioequivalence facility
Jul 14,2017

Alkem Laboratories announced that US FDA had conducted an inspection at the Companys Bioequivalence facility located at Taloja, India from 10 July, 2017 to 14 July, 2017. At the end of the inspection, no Form 483 was issued.

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First Winner Industries announces resignation of company secretary and compliance officer
Jul 14,2017

First Winner Industries announced that Avani Sanghavi has resigned from the post of Company Secretary and Compliance Officer of our company with immediate effect i.e. from 14 July, 2017.

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Board of Tirupati Tyres appoints director
Jul 14,2017

The Board of Tirupati Tyres at its meeting held on 14 July 2017 have appointed Uttamkant Ambre as Independent Director of the Company.

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Kharif Crop Sowing Crosses 563 Lakh Hectare Area
Jul 14,2017

The total sown area as on 14th July 2017, as per reports received from States, stands at 563.17 lakh hectare as compared to 521.80 lakh hectare at this time last year.

It is reported that rice has been sown/transplanted in 125.77 lakh ha, pulses in 74.61 lakh ha, coarse cereals in 113.06 lakh ha, sugarcane in 47.94 lakh hectare and cotton in 90.88 lakh ha.

The details of the area covered so far and that covered during this time last year are given below:

                                                                                                                              Lakh hectare 

CropArea sown in 2017-18Area sown in 2016-17Rice125.77120.32Pulses74.6160.28Coarse Cereals113.0698.79Oilseeds103.92115.75Sugarcane47.9445.22Jute & Mesta6.987.51Cotton90.8873.93Total563.17521.80

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Board of ADCC Infocad approves appointment of directors
Jul 14,2017

The Board of Directors of ADCC Infocad at its meeting held on 14 July 2017 has approved the appointment of Dr Satish Wate and Dhruv Kaji as Additional Directors under Non Executive Independent category.

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Board of Lypsa Gems & Jewellery approves allotment of bonus shares
Jul 14,2017

The Board of Director of Lypsa Gems & Jewellery in its meeting held on 14 July, 2017, inter alia, has approved the Allotment of Bonus Shares in the ratio of 2:5 (i.e. in the proportion of 2 (two) new equity shares of Rs. 10/- each for every 5 (Five) existing fully paid up equity share of Rs.10/- each) to the existing shareholders, whose name appears in the Register of Members of the Company as on the record date i.e. 13 July, 2017.

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Excel Industries appoints CEO
Jul 14,2017

Excel Industries announced that the Board of Directors at its meeting held on 14 July 2017 has appointed N.R. Kannan as the Chief Executive Officer of the Company w.e.f. 17 July, 2017. He is designated as the Key Managerial Personnel of the Company in terms of Section 203 of the Companies Act, 2013.

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Board of Siti Networks appoints director
Jul 14,2017

The Board of Directors of Siti Networks at its meeting held on 14 July 2017 has approved the appointment of Sidharth Balakrishna as Whole-Time Director of the Company with immediate effect.

Accordingly, Rajesh Sethi will be re-designated as Chief Business Transformation Officer of the Company with immediate effect.

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Centre releases advance grant-in-aid of Rs.51.30 crore to Arunachal Pradesh for rescue and relief operations on account of flash floods
Jul 14,2017

The Centre has released in advance two installments of grant-in-aid to the State Government of Arunachal Pradesh towards Central share of State Disaster Response Fund (SDRF).

Due to heavy rains and floods in North East, Department of Expenditure, Ministry of Finance, Government of India has released Rupees 51 crore and 30 lakh as grant-in-aid to the State Government of Arunachal Pradesh on the basis of recommendation of the 14th Finance Commission for relief necessitated by natural calamities to the State. This amount is being released in advance for rescue and relief operations required on account of flash floods.

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Outcome of board meeting of Rammaica (India)
Jul 14,2017

Rammaica (India) announced that the Board of Directors at its meeting held on 14 July 2017 approves the following -

Change in Company name to Ramasigns Industries.
Increase in authorised capital of the Company from Rs 10 crore to Rs 15 crore.
Appointment of Pankaj Jobalia as Whole Time Director of the Company.
Appointment of Jitendra Sharma as a Whole Time Director of the Company.
Appointment of Piyush Hindia as an Additional Director (Independent) of the Company.

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L&T Finance Holdings to hold board meeting
Jul 14,2017

L&T Finance Holdings will hold a meeting of the Board of Directors of the Company on 26 July 2017, to approve the Unaudited Financial Results for the quarter ended June 30, 2017.

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