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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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Proaim Enterprises to hold board meeting
May 23,2017

Proaim Enterprises will hold a meeting of the Board of Directors of the Company on 24 May 2017.

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KZ Leasing & Finance to hold board meeting
May 23,2017

KZ Leasing & Finance will hold a meeting of the Board of Directors of the Company on 24 May 2017.

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Mahasagar Travels to hold board meeting
May 23,2017

Mahasagar Travels will hold a meeting of the Board of Directors of the Company on 29 May 2017.

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63 Moons Techs. to hold board meeting
May 23,2017

63 Moons Techs. will hold a meeting of the Board of Directors of the Company on 26 May 2017.

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ABC India to hold board meeting
May 23,2017

ABC India will hold a meeting of the Board of Directors of the Company on 25 May 2017.

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DCM to hold board meeting
May 23,2017

DCM will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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Bajrang Finance to hold board meeting
May 23,2017

Bajrang Finance will hold a meeting of the Board of Directors of the Company on 29 May 2017.

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Remi Process Plant & Machinery to hold board meeting
May 23,2017

Remi Process Plant & Machinery will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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Remi Edelstahl Tubulars to hold board meeting
May 23,2017

Remi Edelstahl Tubulars will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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Cromakem to hold board meeting
May 23,2017

Cromakem will hold a meeting of the Board of Directors of the Company on 26 May 2017.

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Board of Onward Technologies approves appointment of directors
May 23,2017

Onward Technologies announced that the Board of Directors of the Company at its meeting held on 22 May 2017 approved appointment of Rahul Rathi and Parish Meghani as Independent Directors of the Company, subject to approval of shareholders.

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Allcargo Logistics to pay dividend
May 23,2017

Allcargo Logistics announced that dividend, if approved by shareholders at the AGM, will be paid on or after 14 August 2017.

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GAIL (India) slips after posting weak Q4 results
May 23,2017

The result was announced after market hours yesterday, 22 May 2017.

Meanwhile, the S&P Sensex was down 9.32 points or 0.03% at 30,561.65.

On the BSE, 39,592 shares were traded on the counter so far as against the average daily volumes of 3.75 lakh shares in the past one quarter. The stock had hit a high of Rs 381 and a low of Rs 375.65 so far during the day.

GAIL (India) said that the fall in bottomline was due to accounting of impairment of investments in Ratnagiri Gas and Power (RGPPL) of Rs 783 crore in Q4 March 2017. The net profit without the impact of impairment rose 25% to Rs 1043 crore in Q4 March 2017 over in Q4 March 2016.

Gail (India) said that the board of directors recommended the payment of final dividend of Rs 2.7 per share for the year ended 31 March 2017.

GAIL (India), Indias largest natural gas company, is one of the seven Maharatna Public Sector Undertakings (PSUs). Government of India held 54.44% stake in the firm as per the shareholding pattern as on 31 March 2017.

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MEP Infrastructure Developers provides update on Mahuva Kagavadar road project
May 23,2017

MEP Infrastructure Developers announced that its subsidiary, MEP Sanjose Mahuva Kagavadar Road had entered into Concession Agreement with The National Highways Authority of India (NHAI) dated 09 August 2016 for Four Laning of Mahuva to Kagavadar of NH-8E from km100.100 to km139.915 (design chainage from km100.450 to km140.470)(PackageIII) in Gujarat on HAM under NHDP Phase IV.

Key highlights are:
(i)Construction Period:2.5 years from Appointed Date
(ii)Concession Period:15 years (excluding Construction Period of 2.5 years)
(iii)The Co will receive Bi-Annual Annuity from NHAI post Comm Operation Date(COD).
(iv)The Bid project cost is 604.68 crore out of which Project finance will contribute Rs.272.11 crore and remaining will be funded by grant from NHAI and equity contributed by the Company.

MEPMK had achieved the Financial Closure in terms of Concession Agreement executed with NHAI, by tying up of Project Finance of Rs.272.11 crore on 31 March 2017. NHAI now has given 15 May 2017 as the Appointed Date for the project vide letter dated 22 May 2017.

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HPL Electric & Power appoints CFO
May 23,2017

HPL Electric & Power announced the appointment of Neeraj Kumar as CFO of the Company with immediate effect at board meeting held on 22 May 2017.

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