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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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SW Investments to hold board meeting
May 22,2017

SW Investments will hold a meeting of the Board of Directors of the Company on 26 May 2017, to consider, approve and take on record the Audited Financial Results of the Company for the Quarter and Year ended on 31st March, 2017.

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Raymed Labs to hold board meeting
May 22,2017

Raymed Labs will hold a meeting of the Board of Directors of the Company on 26 May 2017, to consider and approve the Audited Financial Results of the Company for the Quarter and Financial Year ended 31st March, 2017.

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Fraser & Company to hold board meeting
May 22,2017

Fraser & Company will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider and approve the Audited Financial Results for the Fourth Quarter/ Year ended 31st March, 2017.

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Sun TV Network to hold board meeting
May 22,2017

Sun TV Network will hold a meeting of the Board of Directors of the Company on 26 May 2017, to consider inter alia, take on record and approve the Audited Financial Results for the quarter and financial year ended 31st March 2017.

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JITF Infra Logistics to hold board meeting
May 22,2017

JITF Infra Logistics will hold a meeting of the Board of Directors of the Company on 29 May 2017, to consider and take on record the Audited Financial Results for the year/4th quarter ended 31st March, 2017 and to approve the Audited Financial Statements of the Company for the year ended 31st March, 2017.

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Shri Mahalaxmi Agricultural Deve. to hold board meeting
May 22,2017

Shri Mahalaxmi Agricultural Deve. will hold a meeting of the Board of Directors of the Company on 26 May 2017, to consider and take on record, inter alia, the Audited Financial Results for the quarter and year ended 31st March, 2017.

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Layla Textile & Traders to hold board meeting
May 22,2017

Layla Textile & Traders will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider and take on record, inter alia, the Audited Financial Results for the quarter and year ended 31st March, 2017.

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Adharshila Capital Services to hold board meeting
May 22,2017

Adharshila Capital Services will hold a meeting of the Board of Directors of the Company on 29 May 2017, to consider and approve the Audited Financial Results for the Quarter/Year ended 31st March,2017.

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Technofab Engg slides after weak Q4 numbers
May 22,2017

The result was announced on Saturday, 20 May 2017.

Meanwhile, the S&P BSE Sensex was up 159.34 points or 0.52% at 30,624.26. The S&P BSE Small-Cap index was almost unchanged at 15,227.08.

On the BSE, 8,555 shares were traded on the counter so far as against the average daily volumes of 4,432 shares in the past one quarter. The stock had hit a high of Rs 196 and a low of Rs 189 so far during the day.

The stock had hit a 52-week high of Rs 247.70 on 29 June 2016 and a 52-week low of Rs 141 on 23 May 2016. It had underperformed the market over the past one month till 19 May 2017, sliding 0.07% compared with the Sensexs 3.85% rise. The scrip had also underperformed the market over the past one quarter, gaining 3.07% as against the Sensexs 7.01% rise.

The small-cap company has equity capital of Rs 10.49 crore. Face value per share is Rs 10.

In its management commentary, the company said that its operational results for FY 2017 are below management expectations/previous projection on account of inability to achieve the planned/projected turnover, whilst having a good order book. As a result, despite margin improvements, the fixed costs have dragged the profit down.

Management is confident that the drop in turnover is a one-time aberration and the current financial year (FY 2018) should see decent growth relative to the turnover in FY 2016.

Technofab Engineering is an engineering and construction company, serving the power, industrial and infrastructure sectors, by executing comprehensive balance of plant (BOP) and auxiliary systems on a complete turnkey EPC (engineering, procurement and construction) basis.

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Max Financial Services announces change in directorate
May 22,2017

Max Financial Services announced that Sanjeev Kishen Mehra (DIN:02195545) has resigned from the Board of Directors of the Company effective 19 May 2017. Simultaneously, the position held by Lavanya Ashok (DIN : 03453279) as Alternate Director to Sanjeev Kishen Mehra on the Board of the Company stands vacated.

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Kesar Petroproducts announces resignation of director
May 22,2017

Kesar Petroproducts announced that Sunil A Sawant has resigned from the office of director of the Company with effect from 22 May 2017 due to his preoccupation.

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Indiabulls Ventures spurts after getting RBI nod for ARC biz
May 22,2017

The announcement was made on Sunday, 21 May 2017.

Meanwhile, the S&P BSE Sensex was up 122.80 points, or 0.4% at 30,587.72. The S&P BSE Mid-cap index was down 43.86 points, or 0.3% at 14,600.14.

On the BSE, 2 lakh shares were traded on the counter so far as against the average daily volumes of 13.88 lakh shares in the past one quarter. The stock was locked at a high of Rs 137.80 so far during the day.

The stock had hit a 52-week high of Rs 152 on 16 May 2016. The stock had hit a 52-week low of Rs 18.05 on 10 June 2016.

The stock had dropped 10.5% in previous four sessions to Rs 131.25 on 19 May 2017 from a close of Rs 146.65 on 15 May 2017 after witnessing a robust rally.

The stock had outperformed the market over the past one month till 19 May 2017, rising 33.25% compared with the 3.85% rise in the Sensex. The scrip had also outperformed the market in past one quarter, spurting 272.34% as against Sensexs 7.01% rise.

The mid-cap company has equity capital of Rs 78.65 crore. Face value per share is Rs 2.

Indiabulls Ventures said that Indiabulls Asset Reconstruction Company (ARC), a wholly owned subsidiary of the company has been granted the certificate of registration (CoR) by the Reserve bank of India (RBI) under Section 3 of the SARFAESI Act, 2002.

Indiabulls Ventures (IVL) is the sole sponsor of the ARC and owns 100% equity stake in the company. IVL has already infused Rs 100 crore equity in the ARC and is fully compliant with the requisite criteria laid down by RBI vide its latest guidelines. The company intends to start its operations shortly.

Indiabulls Ventures consolidated net profit spurted 2181% to Rs 54.06 crore on 113.6% surge in total income to Rs 202 crore in Q4 March 2017 over Q4 March 2016.

Indiabulls Ventures (formerly known as Indiabulls Securities) is one of the leading company in the segment of capital market and real estate marketing and distribution.

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Atishay to hold board meeting
May 22,2017

Atishay will hold a meeting of the Board of Directors of the Company on 26 May 2017, to consider and approve the Audited Financial Result of the Company for the Financial Year ended 31st March 2017, and any other matters with the approval of the Chairman.

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Tara Jewels to hold board meeting
May 22,2017

Tara Jewels will hold a meeting of the Board of Directors of the Company on 29 May 2017, among other things, to approve the Audited Financial Results for the fourth Quarter and Financial Year ended 31st March, 2017.

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Lupin gets approval to market Bepotastine Tablets in India
May 22,2017

Lupin has received approval for Bepotastine Tablets from the Central Drugs Standard Organisation. Lupin shall commence promoting the product in India shortly.

Bepotastine is a new second generation antihistamine medicine to be introduced into the Indian Pharmaceutical market which could benefit million of patients suffering from allergic symptoms.

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