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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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ABC India announces resignation of director
Dec 17,2016

ABC India announced that Rajyavardhan Kajaria, Director of the Company has resigned from the Board of Directors of the Company with effect from 17 December 2016 due to his personal reasons.

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Board of Gayatri Projects to consider sub-division of equity shares
Dec 17,2016

Gayatri Projects announced that the meeting of the Board of Directors of the Company is scheduled to be held on 26 December 2016, inter alia, to transact the following business:

1. To consider and approve the sub-division of the nominal value of the equity shares of Rs. 10/- per share to Rs. 2/- per share and Alteration of Memorandum and Articles of Association of the Company to reflect the same in line with the provisions of the Companies Act, 2013.

2. To approve the notice of postal ballot for seeking approval of the members for business specified in the item no.1.

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GRUH Finance allots equity shares
Dec 17,2016

GRUH Finance announced that the Company has on 16 December 2016, allotted 8,910 equity shares of Rs. 2/- each pursuant to exercise of stock options by employees.

Post the above allotment, the paid-up equity share capital of the Company would stand at Rs. 72,78,61,556 consisting 36,39,30,778 equity shares of Rs. 2 each.

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JHS Svendgaard Laboratories to hold EGM
Dec 17,2016

JHS Svendgaard Laboratories announced that the Extra Ordinary General Meeting (EGM) of the Company will be held on 10 January 2017.

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Board of Exdon Trading Company considers directors appointment
Dec 17,2016

Exdon Trading Company announced that the Board of Directors of the Company at its meeting held on 17 December 2016, inter alia, has considered the following:

- To appoint Pallavi Acharya as additional Director of the Company w.e.f. 17 December 2016.

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Outcome of board meeting of Polyspin Exports
Dec 17,2016

Polyspin Exports announced that the Board of Directors of the company at its meeting held on 17 December 2016 resolved to place on record the cessation of Directorship of S Renganathan who expired on 21 November 2016.

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Swastika Investsmart incorporates subsidiary - SWASTIKA INVESTMART (IFSC)
Dec 17,2016

Swastika Investsmart announced that Board of Directors of the Company in their meeting duly held on 11 November 2016, has decided to form a wholly owned subsidiary in the name and style of SWASTIKA INVESTMART (IFSC) which was duly incorporated on 15 December 2016.

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ICRA provides update on subsidiary - ICRA Management Consulting Services
Dec 17,2016

ICRA announced Raghavendra Raghuttama Rao, Managing Director of ICRA Management Consulting Services (n++IMaCSn++), a wholly owned subsidiary of ICRA, has resigned from the position of Managing Director of IMaCS, effective from the close of working hours on 15 December 2016.

Rao, in his new role, will help ICRA group in mentoring and leadership development as well as providing strategic inputs to the group.

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Mahindra & Mahindra intimates of incorporation of JV company - Mahindra MSTC Recycling
Dec 17,2016

Mahindra & Mahindra announced that Mahindra Intertrade (MIL), a wholly owned subsidiary of Mahindra Vehicles Manufacturers (MVML) which in turn is a wholly owned subsidiary of the Company, has on 16 December 2016, incorporated a Joint Venture Company named Mahindra MSTC Recycling (Mahindra MSTC); MSTC, a Government of India enterprise being the Joint Venturer. Mahindra MSTC has become a subsidiary of MIL and in turn of MVML and of the Company with effect from 16 December 2016.

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Shirpur Gold Refinery to hold Board Meeting
Dec 17,2016

Shirpur Gold Refinery announced that the meetings of the Board of Directors of the Company is scheduled to be held on 24 December 2016.

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Pudumjee Paper Products gets revision in credit ratings
Dec 17,2016

Pudumjee Paper Products has received revision in credit ratings from CRISIL.

Total Bank Loan Facilities Rated Rs 250 crore
Long term rating - CRISIL BBB+/ Positive (outlook revised from Stable and rating reaffirmed)

Short term rating - CRISIL A2 (Reaffirmed)

Rs 35 crore Fixed Deposits - FA-/ Positive (Outlook revised from Stable and rating reaffirmed)

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Standard Capital Markets to hold board meeting
Dec 17,2016

Standard Capital Markets announced that the next meeting of the Board of Directors of the Company is scheduled to be held on 26 December 2016, to consider the resignation of Kapoor Chand Gupta.

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Board of Jindal Stainless to consider conversion of loan and preferential issue of warrants/ shares
Dec 16,2016

Jindal Stainless announced that the meeting of the Board of Directors of the Company will be held on 23 December 2016, inter alia, to consider and approve the followings:

1. Issuance of Equity Shares/Preference Shares to the Lenders of the Company on Preferential Basis upon conversion of Funded Interest Term Loan I & II (n++FITLn++).

2. Issuance of Convertible Warrants/Equity Shares to the Promoter Group of Companies on Preferential Basis.

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NTPC signs MoU with National Aluminium Company
Dec 16,2016

NTPC announced about the signing of an Memorandum of Understanding on 16 December 2016 between NTPC and National Aluminium Company (NALCO) to set up the proposed joint venture Company between NTPC and NALCO to supply about 2400 MW power from proposed coal based power project at Dhenkanal, Odisha for meeting captive power requirement of NALCO for proposed greenfield Aluminium Smelter Plant at Kamakhya Nagar, Dhenkanal and expansion at Angul in Odisha.

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Board of Zee Learn decides to withdraw from merger process with Tree House
Dec 16,2016

Zee Learn announced that the Board of Directors meeting of the Company held on 16 December 2016, the Board took cognizance of the recent adverse media reports of Tree House closing down hundreds of its playgroup centres abruptly leaving parents / students high and dry and of many parents filing police complaints against Tree House and its Promoters. The Board feels that this may change the complete business dynamics of Tree House and is not in the spirit of the Scheme of Amalgamation signed between ZLL and Tree House. This fact coupled with the steadily deteriorating financials of Tree House, allegations of irregularities by Tree House / its Promoters and the need to protect the interest of ZLL shareholders, led to the Board of ZLL to unanimously agree to withdraw from the merger process with Tree House.

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