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Surya Industrial Corporation to hold AGM

Surya Industrial Corporation to hold AGM

Sep 14,2016

Surya Industrial Corporation announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Eris Lifesciences may gain as RBI allows hike in FPI investment limit
Aug 23,2017

Shares of Eris Lifesciences will be in focus. The Reserve Bank of India (RBI) notified after market hours yesterday, 22 August 2017, that that foreign institutional investors (FIIs)/foreign portfolios investors (FPIs) investment limit under portfolio investment scheme in Eris Lifesciences has increased from 24% to 49% of its paid up capital. Further, it is notified that the NRI investment limit under portfolio investment scheme in Eris Lifesciences has increased from 10% to 24% of its paid up capital.

Power Grid Corporation of India (PGCIL) said it will seek shareholders nod for raising borrowing limits to Rs 1.80 lakh crore from Rs 1.50 lakh crore at present. It will also seek shareholders nod to raise funds upto Rs 20000 crore from domestic market under private placement in up to 20 tranches. The companys shareholders will meet at the annual general meeting on 19 September 2017. The announcement was made after market hours yesterday, 22 August 2017.

Visa Steel announced that movement of raw materials to the companys plant site at Kalinganagar was abruptly suspended by local Truck Owners Union, backed by local politicians for pressing their unreasonable demands. In absence of raw materials, operation at the companys plant site at Kalinganagar have come to grinding halt. The matter was escalated to the Office of the Chief Minister of Odisha. The company expects to resume production at various units soon. The announcement was made after market hours yesterday, 22 August 2017.

Balaji Telefilms board approved allotment of 2.52 crore equity shares at Rs 164 for a total consideration of Rs 413.28 crore to Reliance Industries on a preferential basis through a private placement. The announcement was made after market hours yesterday, 22 August 2017.

Subros said it raised Rs 50 crore by allotting 500 rated, listed, secured, redeemable non-convertible debentures (NCDs) of face value of Rs 10 lakh each. The announcement was made after market hours yesterday, 22 August 2017.

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Omkar Speciality Chemicals in-house R&D unit gets renewal of registration
Aug 22,2017

Omkar Speciality Chemicals announced that the Department of Scientific and Industrial Research has accepted the application of the Company for renewal of recognition to the in-house R&D unit of the Company located at Badlapur, Thane. The recognition and registration of the in-house R&D unit is renewed up to 31 March 2020.

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Outcome of board meeting of SAB Events & Governance Now Media
Aug 22,2017

SAB Events & Governance Now Media announced that the Board of Directors of the Company at its meeting held on 22 August 2017 has considered the following matters -

1. Upon recommendation of Nomination and Remuneration Committee, appointed Manav Dhanda as an Additional (Non-Executive) Director of the Company w.e.f 22 August, 2017.

2.Appointed Rakesh G. Jain as an Additional (Independent) Director of the Company for a term of 5 (Five) consecutive years w.e.f 22 August, 2017

3.Approved the Issue and offer of stock options upto 75,000 (Seventy Five Thousand) not exceeding 0.7% approximately of the paid-up equity share capital of the Company, to the permanent Employees including Directors of the Company

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Cambridge Technology Enterprises acquires new client
Aug 22,2017

Cambridge Technology Enterprises announced the acquisition of a new client in Al as a Service (Alaas). Based in North America, the client has strong focus on the BFSI vertical. Under the Alaas model, CTE benefits from receiving a share in the incremental revenues of its clients business by deploying its proprietary algorithums.

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Visa Steel expects to resume operations at plant in Kalinganagar
Aug 22,2017

Visa Steel announced that movement of raw materials to the Companys plant site at Kalinganagar was abruptly suspended by local Truck Owners Union, backed by local politicians for pressing their unreasonable demands. In absence of raw materials, operation at the Companys plant site at Kalinganagar have come to grinding halt. The matter was escalated to the Office of the Honble Chief Minister of Odisha. The Company expects to resume production at various units from late evening today or tomorrow.

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Shriram Transport Finance Company allots NCDs aggregating Rs 25 cr
Aug 22,2017

Shriram Transport Finance Company on 22 August 2017 has allotted 250 Secured Redeemable Rated Listed Non-Convertible Debenture of face value of Rs.10,00,000/- (Rupees Ten Lakh only) each, aggregating to Rs. 25 crore on private placement basis.

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Bijlee Textiles gets in-principle approval for delisting of shares from BSE
Aug 22,2017

Bijlee Textiles has received in-principle approval for voluntary delisting of equity shares from BSE on 22 August 2017. The Company will now proceed with the delisting process as per the applicable delisting regulation.

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Rosekamal Textiles receives in-principle approval for delisting of shares from BSE
Aug 22,2017

Rosekamal Textiles has received in-principle approval for voluntary delisting of equity shares from BSE on 22 August 2017. The Company will now proceed with the delisting process as per the applicable delisting regulations.

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SML ISUZU gets reaffirmation in credit ratings
Aug 22,2017

SML ISUZU announced that ICRA has reaffirmed the long-term rating for Line of Credit at [ICRA]AA (pronounced ICRA double A) and short term rating for Line of Credit and Commercial Paper/ Short Term Debt programme at [ICRA]A1+ (pronounced ICRA A one plus) of SML Isuzu.

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Subros raises Rs 50 cr through NCD issue
Aug 22,2017

Subros has raised an amount of Rs 50 crore on 22 August 2017 by way of allotment of 500 Rated, Listed, Secured, Redeemable, Non Convertible Debentures of face value of Rs 10 lakh.

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Ruchi Infrastructure appoints director
Aug 22,2017

Ruchi Infrastructure has appointed Mohan Das Kabra as an Additional Director of the Company with effect from 22 August 2017.

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Deccan Cement fixes record date for stock split
Aug 22,2017

Deccan Cement has fixed 12 September 2017 as record date for sub-division of equity shares of the Company having face value of Rs 10 each into 2 equity shares of Rs 5 each.

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Board of NIIT gives in-principle approval for voluntary liquidation of subsidiary
Aug 22,2017

The Board of NIIT at its meeting held on 22 August 2017 has approved in-principle, the voluntary liquidation of NIIT Antilles NV, Netherlands, a wholly owned subsidiary of the Company. Upon completion of the process of voluntary liquidation of Antilles NV, there would be a potential positive impact of approx. Rs 10 crore in the financial statements of the company.

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Outcome of board meeting of Sri Adhikari Brothers Television Network
Aug 22,2017

The Board of Sri Adhikari Brothers Television Network at its meeting held on 22 August 2017 has appointed Rakesh G Jain as Additional Director with effect from 22 August 2017. The Board noted relinquishment of office of Manav Dhanda as Chief Executive Officer of the Company w.e.f 31 August, 2017, for taking up a leadership role at group level in TV Vision (Broadcasting Arm).

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Outcome of board meeting of TV Vision
Aug 22,2017

TV Vision announced that the Board of Directors of the Company at its meeting held on 22 August 2017 have approved the following -

1)Approved the appointment of Manav Dhanda as the Chief Executive Officer w.e.f 1 September, 2017.

2)Re-designated Gautam Adhikari (DIN: 00026444) from Chairman and Non-Executive Director to Chairman and Whole Time Director for a period of 5 (Five) years w.e.f. 22 August 2017 to 21 August 2022, subject to the approval of the members of the Company at the ensuing Annual General Meeting.

3)Approved to Issue and offer options upto 2,00,000 (Two Lakh) being not exceeding 0.6% approximately of the paid-up equity share capital of the Company, to the permanent Employees including Directors of the Company under TV Vision Limited Employee Stock Option Scheme 2017 (TVL ESOS 2017) exercisable into not more than 2,00,000 (Two Lakh) fully paid-up equity shares in the Company in aggregate of the face value of Rs.10/- (Rupees Ten Only).

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