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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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Technocraft Industries (India) to announces September quarter and half year results
Dec 06,2016

Technocraft Industries (India) announced that a Meeting of the Board of Directors of the Company will be held on 14 December 2016, inter- alia to consider and approve the Un-Audited Financial Results for the quarter and half year ended 30 September 2016.

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Board of Allied Digital Services to consider September quarter results
Dec 06,2016

Allied Digital Services announced that the Meeting of Board of Directors of the Company is scheduled to be held on 14 December 2016 to consider, approve and take on records the standalone and consolidate Un-audited Financial Results of the Company for the quarter ended 30 September 2016, amongst other matters.

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South Asian Enterprises announces resignation of director
Dec 06,2016

South Asian Enterprises announced Divya Mehrotra has resigned from the Directorship of the Company w.e.f. 02 December 2016. Accordingly her cessation as Director of the Company from 02 December 2016.

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Tata Chemicals leads gainers in A group
Dec 06,2016

Tata Chemicals rose 5.29% to Rs 500.40 at 12:15 IST. The stock topped the gainers in the BSEs A group. On the BSE, 1.78 lakh shares were traded on the counter so far as against the average daily volumes of 44,000 shares in the past two weeks.

Oberoi Realty gained 4.35% at Rs 295. The stock was second biggest gainer in A group. On the BSE, 8,221 shares were traded on the counter so far as against the average daily volumes of 76,000 shares in the past two weeks.

National Aluminium Company rose 4.26% to Rs 58.75. The stock was third biggest gainer in A group. On the BSE, 3.66 lakh shares were traded on the counter so far as against the average daily volumes of 4.36 lakh shares in the past two weeks.

BEML gained 4.1% at Rs 875.45. The stock was fourth biggest gainer in A group. On the BSE, 22,000 shares were traded on the counter so far as against the average daily volumes of 21,000 shares in the past two weeks.

JK Tyre & Industries rose 4.08% to Rs 122.40. The stock was fifth biggest gainer in A group. On the BSE, 3.15 lakh shares were traded on the counter so far as against the average daily volumes of 3.66 lakh shares in the past two weeks.

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Oil & Natural Gas Corpn fixes record date for bonus issue
Dec 06,2016

Oil & Natural Gas Corpn announced that the Company has fixed 16 December 2016 as Record date for the purpose of ascertaining the eligibility of shareholders for issuance of Bonus shares in the ratio of 1 (One) new equity bonus share of Rs.5/- each for every 2 (two) existing equity shares of Rs.5/- each held, subject to the approval of shareholders through postal ballot.

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Board of Gammon Infrastructure Projects to consider September quarter results
Dec 06,2016

Gammon Infrastructure Projects announced that the Board of Directors of the Company will meet on 14 December 2016, inter-alia, to consider and approve the un-audited financial results of the Company for the quarter ended 30 September 2016.

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Lupin receives tentative approval for Diclofenac Capsules
Dec 06,2016

Lupin announced that its US subsidiary Lupin Pharmaceuticals, Inc. has received tentative approval for its Diclofenac Capsules USP, 18 mg and 35 mg from the United States Food & Drug Administration to market a generic version of Iroko Pharmaceuticals LLCs Zorvolexn++ Capsules 18 mg and 35 mg.

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Amal announces resignation of MD
Dec 06,2016

Amal announced that in view of other professional engagements, Prashant Ogale - Managing Director of the Company has resigned and will be relieved from his duties on 14 December 2016 after office hours.

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Outcome of board meeting of Syndicate Bank
Dec 06,2016

Syndicate Bank announced that the Board of Directors in its meeting held on 28 November 2016 has accorded approval for the Bank to exercise the call option for Upper Tier II Bonds 2022 Series of Rs. 200.10 crore, which is due for call option on 28 February 2017, subject to obtaining necessary approvals from Government of India/ Regulatory Authorities.

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Dabur India declines on near term pressure on business from demonetization
Dec 06,2016

The company gave an update on impact of demonetization by the government on the company after market hours yesterday, 5 December 2016.

Meanwhile, the BSE Sensex was up 115.36 points, or 0.44%, to 26,470.30.

On the BSE, 20,113 shares were traded in the counter so far, compared with average daily volume of 95,340 shares in the past one quarter. The stock had hit a high of Rs 284.95 and a low of Rs 280.25 so far during the day.

The large-cap company has equity capital of Rs 176.15 crore. Face value per share is Re 1.

Dabur India said that the impact varies across channels and geographies and stress is highest for wholesalers and small town grocery shops, who are facing a severe liquidity crisis and are destocking. The impact is likely to be positive on modern trade outlets and plastic money enabled retailers who are likely to benefit from this change.

On account of continuity of current uncertain situation it is difficult to quantify the impact on Q3 December 2016 at this point of time, however it is temporary in nature and situation will improve with increase in availability of new currency.

In the meanwhile, the company is focusing more on modern retail, e-commerce and institutional sales and also is encouraging general trade retailers to adopt cashless payment systems. This will help in mitigating the overall impact of demonetization and pave the way for normalization in the next few months, Dabur added.

It may be recalled that government from 9 November 2016 had banned legal tender of higher denomination notes; namely Rs 500 and Rs 1000 notes, dubbed as demonetization in its crackdown on black money.

Dabur India is one of the largest FMCG companies in India. The company operates in key consumer products categories like hair care, oral care, health care, skin care, home care & foods.

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Inox Wind advances after order win from SJVN
Dec 06,2016

The announcement was made during market hours today, 6 December 2016.

Shares of SJVN gained 0.45% to Rs 33.40.

Meanwhile, the BSE Sensex was up 103.46 points, or 0.39%, to 26452.81.

On the BSE, 18,235 shares were traded in Inox Winds counter so far, compared with average daily volume of 75,044 shares in the past one quarter. The stock had hit a high of Rs 194.45 and a low of Rs 187.25 so far during the day.

The mid-cap company has equity capital of Rs 221.92 crore. Face value per share is Rs 10.

Inox Wind bagged an order for a 50 megawatts wind power project to be deployed in Gujarat from SJVN, category-I Mini Ratna, central public sector enterprise and hydroelectric power major. The project is scheduled to be commissioned by November 2017 and will be executed on turnkey basis.

On a consolidated basis, net profit of Inox Wind declined 39.9% to Rs 56.42 crore on 21.3% decline in net sales to Rs 797.67 crore in Q2 September 2016 over Q2 September 2015.

Inox Wind is a fully integrated player in the wind energy market with three manufacturing plants at Gujarat, Himachal Pradesh and Madhya Pradesh.

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L&T Infotech provides updates on its contract with Insurity
Dec 06,2016

L&T Infotech announced that it has completed transition phase of strategic long term managed services engagement with Insurity to provide end-to-end quality assurance services across clients and product lines. The multi-year, multi-million dollar contract was signed in July 2016. The transition phase for this complex engagement was completed in 90 days, as stipulated.

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Board of Saboo Sodium Chloro to consider preferential issue of shares
Dec 06,2016

Saboo Sodium Chloro announced that a meeting of the Board of Directors of the Company will be held on 15 December 2016, interalia to receive, consider and take on record the following:

To Discuss a Suitable plan relating to further issue of shares on preferential allotment basis.

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Nectar Lifescience to announce September quarter results
Dec 06,2016

Nectar Lifescience announced that a meeting of the Board of Directors of the company will be held on 14 December 2016 to consider and approve, inter alia amongst items, the Unaudited Financial Results of the Company for the Quarter ended on 30 September 2016.

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Board of Marathon Nextgen Realty to consider September quarter results
Dec 06,2016

Marathon Nextgen Realty announced that at the Meeting of Board of Directors of the Company is scheduled to be convened on 14 December 2016, to consider interalia the Un-audited Financial Results for the quarter ended 30 September 2016.

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