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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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Board of Manpasand Beverages approves change in registered office
Feb 03,2017

Manpasand Beverages announced that the Board of Directors of the Company at its meeting held on 03 February 2017 has approved shifting of registered office of the Company within local limit of Village Savli, Vadodara.

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JK Paper gets ratings assigned for NCD programme and bank facilities
Feb 03,2017

JK Paper has received credit ratings for its NCD programme and additional bank facilities from India Ratings and Research as follows -

NCD programme Rs 200 crore - Provisional IND BBB+; Positive outlook
Fund based working capital limits Rs 35 crore - IND BBB+; Positive outlook; IND A2+

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Aadhaar Ventures India announces change in directorate
Feb 03,2017

Aadhaar Ventures India announced that the Company has appointed Veenu Devidas Chougule as Additional director on the Board of Directors of the Company w.e.f. 01 February 2017.

Further, the Company has informed that, Company has accepted the resignation of Naresh Madhukar Tambe and his cessation will be effective from 01 February 2017.

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Kushal Tradelink provides financial update
Feb 03,2017

Kushal Tradelink announced that the credit limit in the nature of SBLC facility of USD 9 Million (equivalent to Rs. 55.80 crore) sanctioned by Axis Bank has been repaid in full and the charge created with Ministry of Corporate Affairs (and modified from time to time) to secure the said facilities has also been satisfied in full.

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Axis Bank raises Senior Notes in international markets
Feb 03,2017

Axis Bank announced that the Board of Directors of the Bank has passed a resolution approving the allotment of 3 years Senior Floating Rate Notes aggregating to USD 10,000,000 (USD Ten Million only), under the Banks MTN Programme through its Dubai International Financial Centre (DIFC) branch.

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Max Financial Services leads losers in A group
Feb 03,2017

Max Financial Services fell 2.18% to Rs 587.95 at 12:25 IST. The stock topped the losers in the BSEs A group. On the BSE, 3,792 shares were traded on the counter so far as against the average daily volumes of 22,000 shares in the past two weeks.

Suzlon Energy shed 2.17% to Rs 15.80. The stock was second biggest loser in A group. On the BSE, 38.61 lakh shares were traded on the counter so far as against the average daily volumes of 92.11 lakh shares in the past two weeks.

Exide Industries fell 2.12% at Rs 205.20. The stock was the third biggest loser in A group. On the BSE, 1.18 lakh shares were traded on the counter so far as against the average daily volumes of 2.67 lakh shares in the past two weeks.

Cairn India shed 1.9% to Rs 278.20. The stock was fourth biggest loser in A group. On the BSE, 29,000 shares were traded on the counter so far as against the average daily volumes of 98,000 shares in the past two weeks.

ICICI Bank dropped 1.89% at Rs 280.15. The stock was the fifth biggest loser in A group. On the BSE, 4.7 lakh shares were traded on the counter so far as against the average daily volumes of 17.52 lakh shares in the past two weeks.

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Hotel Leela Venture director resigns
Feb 03,2017

Hotel Leela Venture has received on 02 February 2017 a letter of resignation dated 23 January 2017 from Dr. K. U. Mada, Independent Director, conveying his decision to resign from the Board of Directors of the Company, in view of his other commitments.

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Citizen Infoline announces cessation of company secretary and compliance officer
Feb 03,2017

Citizen Infoline announced that the Companys Company Secretary and Compliance officer Jolly Mittal has resigned and the Board has approved the same with effect from 31 January 2017. Accordingly, she ceases as Compliance officer of the Company.

The Board has appointed Omprakash L Jain, Managing Director of the Company, as the Compliance officer with effect from February 01, 2017.

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NHPC announces cessation of director
Feb 03,2017

NHPC announced R.S. Mina has ceased to be Director (Personnel) from the Board of NHPC with effect from 31 January 2017 due to superannuation.

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Timken India extends post-result losses
Feb 03,2017

Meanwhile, the S&P BSE Sensex was down 49.71 points or 0.18% at 28,176.90.

On the BSE, 12,000 shares were traded on the counter so far as against the average daily volumes of 8,505 shares in the past one quarter. The stock had hit a high of Rs 623.30 and a low of Rs 604 so far during the day.

The stock had hit a record high of Rs 675.05 on 25 January 2017 and a 52-week low of Rs 400.50 on 18 March 2016. The stock had underperformed the market over the past one month till 2 February 2017, advancing 3.17% compared with the Sensexs 6.13% rise. The scrip had, however, outperformed the market over the past one quarter, gaining 10.58% as against the Sensexs 2.54% rise.

The mid-cap company has equity capital of Rs 68 crore. Face value per share is Rs 10.

Shares of Timken India have lost 6.54% in two trading sessions from its close of Rs 655.95 on 1 February 2017, after the company reported weak Q3 December 2016 earnings at the fag end of market hours yesterday, 2 February 2017. The stock had lost 2.42% to settle at Rs 640.10 yesterday, 2 February 2017.

Timken Indias net profit fell 35% to Rs 13.28 crore on 9% decline in net sales to Rs 228.30 crore in Q3 December 2016 over Q3 December 2015.

Timken India engineers and manufactures bearings and mechanical power transmission components including gear drives, couplings, belts and chain.

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Bajaj Finance allots NCDs aggregating Rs 10 crore
Feb 03,2017

Bajaj Finance has allotted 100 secured redeemable non-convertible debentures aggregating Rs 10 crore on private placement basis on 02 February 2017.

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Tinplate Company of India loses sheen as Q3 result disappoints
Feb 03,2017

The result was announced after market hours yesterday, 2 February 2017.

Meanwhile, the BSE Sensex was down 76.63 points or 0.27% at 28,149.98.

On the BSE, 58,023 shares were traded in the counter so far as against average daily volume of 55,052 shares in the past one quarter. The stock had hit a high of Rs 83.40 and a low of Rs 81.35 far during the day. The stock had hit a 52-week high of Rs 107.70 on 21 July 2016. The stock had hit a 52-week low of Rs 56.70 on 29 February 2016.

The stock had outperformed the market over the past one month till 2 February 2017, rising 10.96% compared with 6.13% gains in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 4.94% as against Sensexs 2.54% gains.

The small-cap company has equity capital of Rs 104.67 crore. Face value per share is Rs 10.

Tinplate Company of India is the largest indigenous producer of tin coated and tin free steel sheets in India.

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Redington India director resigns
Feb 03,2017

Redington India announced that R Srinivasan, Vice Chairman of the Company, at the end of the Board Meeting held on 02 February 2017, shared his decision to step down from the Board of the Company and the Board of Directors took note of the same.

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International Pumps & Projects renamed as Kotia Enterprises
Feb 03,2017

International Pumps & Projects announced that the name of the Company has been changed from International Pumps & Projects to Kotia Enterprises with effect from 01 February 2017.

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Karuturi Global appoints company secretary
Feb 03,2017

Karuturi Global announced that Rashi Singhal is appointed as Company Secretary with immediate effect.

Mahaveer Jain has been promoted to head Legal Affairs of Company Subsidiary in Kenya.

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