My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
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.

Powered by Capital Market - Live News

Outcome of board meeting of Metal Coatings (India)
Mar 10,2017

Metal Coatings (India) announced that the Board of Directors in its meeting held on 10 March 2017 has considered and approved the proposal to tender 1,43,000 equity shares of Khandelwal Busar Industries under the scheme of buyback of equity shares offered by them vide letter of offer dated 10 February, 2017 offering to buy back their equity shares at Rs. 200/- per equity share.

The Board also has approved that the balance shares remaining with the company after the completion of the buy back may be sold to any prospective buyer at a minimum price of Rs. 200/- per equity share.

Powered by Capital Market - Live News

Outcome of board meeting of Natco Economicals
Mar 10,2017

Natco Economicals announced that the Board of Directors at its meeting held on 10 March 2017 has decided to enlarge its main object clause by venturing into the Business of education Field. To take at least 51 % Stake in Catallyst Constellations (Catallyst Executive Education Institute) to make it Subsidiary Company of Natco Economicals.

Powered by Capital Market - Live News

Natural Capsules announces resignation of company secretary
Mar 10,2017

Natural Capsules announced that D R Anand has resigned as Company Secretary with effect from 10 March 2017.

Powered by Capital Market - Live News

Autolite (India) sets up halogen plant line
Mar 10,2017

Autolite (India) has set up new halogen plant line at Sitapura Jaipur which leads to the increase in production capacity of halogen bulbs by Rs. 30 crore per annum.

Powered by Capital Market - Live News

Rs. 294.84 crores deposited by Pharmaceutical companies against demand notices issued by Government for overcharging patients for Scheduled Medicines
Mar 10,2017

The Drugs (Prices Control) Order (DPCO) issued by the Government from time to time contains provisions to take appropriate action against any manufacturer selling a schedule bulk drug or formulation at a price higher than the ceiling price fixed and notified by the Government.

The provisions empower the Government to direct the manufacturer to deposit the overcharged amount along with the interest thereon from the date of overcharging, in addition to the penalty. Pursuing the above-mentioned provisions, the National Pharmaceutical Pricing Authority (NPPA), under Ministry of Chemicals & Fertilizers, has issued demand notices to companies which have overcharged patients. The details in the last three years is as follows:

Year2013-142014-152015-162016-17 (as on 28.02.2017)Cases of Overcharging90129263120Amountsdeposited by companies(Rs. crores)40.0890.1712.36294.84

The National List of Essential Medicines (NLEM) is prepared by the Ministry of Health and Family Welfare on the recommendation of the core committee appointed by them. The Ministry of Health and Family Welfare has revised the NLEM, 2015 on 23rdDecember, 2015 and subsequently Schedule Gô 1 of DPCO, 2013 was revised by Department of Pharmaceuticals on 10thMarch, 2016. There were 348 medicines listed in NLEM 2011. A total of 106 medicines have been added, and 70 medicines have been deleted to prepare NLEM 2015, which now contains a total of 376 medicines.

The initial price fixation/price determination is not under the purview of Government. Government only controls price of medical devices declared as essential drugs. Out of the 23 medical devices regulated as Drugs under Drugs & Cosmetics Act & Rules thereunder,3 devices namely GCondom, GIntra Uterine Device (IUD) containing copper & GCoronary Stents have been included in the Schedule-I of DPCO, 2013 and are under price control. The remaining 20 medical devices are categorized as non-scheduled formulations under DPCO, 2013 and therefore, no price has been fixed for these non-scheduled medical devices. However, manufacturers are not allowed to increase the price of these 20 medical devices more than 10% per annum.

Powered by Capital Market - Live News

Alembic Pharma gains after successful USFDA inspection at Baroda facility
Mar 10,2017

There were no 483s issued by US FDA at the end of the inspection. The announcement was made during trading hours today, 10 March 2017.

Meanwhile, the BSE Sensex was up 17.10 points, or 0.06%, to 28,946.23

On the BSE, so far 88,000 shares were traded in the counter, compared with average daily volumes of 7,059 shares in the past one quarter. The stock had hit a high of Rs 645 and a low of Rs 603.55 so far during the day. The stock hit a 52-week high of Rs 699.50 on 5 October 2016. The stock hit a 52-week low of Rs 515.55 on 18 April 2016.

The large-cap company has equity capital of Rs 37.70 crore. Face value per share is Rs 2.

On a consolidated basis, net profit of Alembic Pharmaceuticals declined 67.81% to Rs 86.55 crore on 15.9% decline in net sales to Rs 769.86 crore in Q3 December 2016 over Q3 December 2015.

Alembic Pharmaceuticals, a vertically integrated research and development pharmaceutical company, manufactures and markets generic pharmaceutical products all over the world.

Powered by Capital Market - Live News

Inox Leisure commences operations at Multiplex in Surat
Mar 10,2017

Inox Leisure has commenced the Commercial Operations of a Multiplex Cinema Theatre, taken on Management Contract basis, and located at 3rd Floor, Raj Imperial INOX, Deep Kamal Mall, Near Sarthana Zoo, Varachha Road, Surat, Gujarat - 395 006., with effect from 10 March 2017. The said Multiplex Cinema Theatre has 6 screens and 1607 seats. INOX is now present in 58 cities with 116 Multiplexes, 460 screens and a total seating capacity of 1,16,732 seats across India.

Powered by Capital Market - Live News

Mahindra & Mahindra pares stake in subsidiary - Mahindra Holidays & Resorts India
Mar 10,2017

Mahindra & Mahindra has on 10 March 2017, sold 66,58,565 equity shares representing 7.5% of the share capital of Mahindra Holidays & Resorts India, subsidiary of the Company. The sale has been executed on the stock exchange(s), at an average gross price of Rs.412.05 per share. Following the sale, the shareholding of the Company in MHRIL would come down from 75% to 67.5% of its share capital.

Powered by Capital Market - Live News

Hindalco Industries slips as board approves allotment to QIBs
Mar 10,2017

The announcement was made after market hours yesterday, 9 March 2017.

Meanwhile, the S&P BSE Sensex was up 24.66 points or 0.09% at 28,953.79

On the BSE, 6.74 lakh shares were traded on the counter so far as against the average daily volumes of 11.96 lakh shares in the past one quarter. The stock had hit a high of Rs 191.40 and a low of Rs 186.85 so far during the day. The stock had hit a 52-week high of Rs 202.25 on 6 March 2017 and a 52-week low of Rs 79 on 9 March 2016.

The large-cap company has equity capital of Rs 206.64 crore. Face value per share is Rs 1.

Hindalco Industries said that the capital raising committee of the board of directors of the company at the meeting held yesterday, 9 March 2017, approved allotment of 17.68 crore equity shares to qualified institutional buyers at Rs 189.45 each. Hindalco Industries qualified institutional placement (QIP) opened on 2 March 2017. The floor price for the issue was Rs 184.45 per share.

Hindalco Industries reported a net profit of Rs 320.56 crore in Q3 December 2016 as against net loss of Rs 32.75 crore in Q3 December 2015. Net sales rose 15.2% to Rs 9226.04 crore in Q3 December 2016 over Q3 December 2015.

Hindalco Industries, metals flagship company of the Aditya Birla Group, is the industry leader in aluminium and copper.

Powered by Capital Market - Live News

Bajaj Electricals hits 52-week high
Mar 10,2017

Meanwhile, the S&P BSE Sensex was up 23.52 points or 0.08% at 28,952.65

On the BSE, 4.23 lakh shares were traded on the counter so far as against the average daily volumes of 55,318 shares in the past one quarter. The stock hit a high of Rs 283 in intraday trade so far, which is 52-week high for the counter. The stock had hit a low of Rs 283 so far during the day. The stock had hit a 52-week low of Rs 175 on 9 March 2016.

The small-cap company has equity capital of Rs 20.24 crore. Face value per share is Rs 2.

Shares of Bajaj Electricals have been on a roll recently, gaining 15.64% in six trading sessions from its close of Rs 256.75 on 2 March 2017.

Bajaj Electricals net profit fell 17.5% to Rs 29.71 crore on 6.9% decline in net sales to Rs 1046.45 crore in Q3 December 2016 over Q3 December 2015.

Bajaj Electricals has a diversified business viz - consumer products (appliances, fans, lighting), exports, luminaires and EPC (illumination, transmission towers and power distribution).

Powered by Capital Market - Live News

Viaan Industries announces appointment of Brand Ambassador for Swachh Bharat initiative
Mar 10,2017

Viaan Industries announced the appointment of Shilpa Shetty Kundra as the Brand Ambassador by the Ministry of Urban Development, for their Swachh Bharat initiative - a cleanliness drive with the goal to achieve a clean India by 02 October 2019.

Powered by Capital Market - Live News

Canara Bank sells 13.45% of its stake held on Can Fin Homes
Mar 10,2017

Canara Bank has sold 13.45% stake in Can Fin Homes to Caladium Investment, Singapore, an affiliate of GIC, Singapores Sovereign Wealth Fund, numbering 35,80,849 equity shares at Rs 2105 per share amounting to Rs 753.77 crore in an off-market deal on 10 March 2017 as part of the monetisation of non-core assets of the Bank.

Powered by Capital Market - Live News

Rashtriya Chemicals & Fertilizers issue commercial paper aggregating Rs 190 crore
Mar 10,2017

Rashtriya Chemicals & Fertilizers has issued Commercial Paper for Rs.190 crore on 10 March 2017, in favour of State Bank of India, having maturity date as 8 June, 2017.

The Commercial Paper issued by the Company on 21 November 2016 for Rs.100 crore, on 30 December 2016 for Rs.175 crore and on 23 January, 2017 for Rs.180 crore has been redeemed on 17 February 2017.

Powered by Capital Market - Live News

Adani Power allots 2,86,63,339 equity shares
Mar 10,2017

Adani Power has allotted 2,86,63,339 equity shares of Rs. 10/- each on 10 March 2017 upon partial conversion of the Convertible Warrants to Promoter group entities .

Subsequently, the paid up equity share capital has increased to 3761.52 crore comprising of 3,76,15,27,024 equity shares of Rs 10 each. The shareholding of Promoter and Promoter group entities has increased to 67.319% of the enhanced paid up equity share capital of the Company.

Powered by Capital Market - Live News

MEP Infrastructure Developers achieves financial closure for a road project in Gujarat
Mar 10,2017

MEP Infrastructure Developers announced that MEP SANJOSE Talaja Mahuva Road -Subsidiary Company of the Company, has achieved financial closure as per the Concession Agreement executed with the NHAI dated 08 July 2016 for the project of Four Laning of TALAJA-MAHUVA Section in State of Gujarat on Hybrid Annuity Mode under NHDP Phase IV by tying up of Project finance of Rs.289.37 crore.

The Bid project cost is 643.05 crore out of which Project finance will contribute Rs. 289.37 crore and remaining will be funded by grant from NHAI and equity contribution of Subsidiary Company.

Key highlights of Project are -
(1)Construction Period:2.5 years from the Appointed Date
(2)Concession Period:15yrs(excluding Construction Period of 2.5 yrs)
(3)The Company will receive Bi-Annual Annuity from NHAI post Commercial Operation Date (COD).

The Company has now achieved financial closure of Five of its HAM Projects which are awarded by the Authority and successfully tied up total project finance of Rs.1454.54 crore towards all Five HAM Projects.

Powered by Capital Market - Live News