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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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Megasofts XIUS selected by Toka
Feb 16,2017

XIUS, the telecom brand of Megasoft has been selected by Toka, a company specializing in electronic payment solutions to launch MobileVirtual Network Operator (MVNO) services in Mexico. Toka will operate its MVNO on Movistars (Telefonica) network.

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Centum Electronics inaugurates state-of-the-art design and manufacturing facility
Feb 16,2017

Centum Electronics has inaugurated its state-of-the-art design and manufacturing facility in Bengaluru. This is Companys fourth manufacturing facility spread over six acres measuring 150000 sq. ft and is located at the aerospace park near Devanahalli. The investments towards the facility including upgradation of lines and technology is about Rs 200 crore, over two years.

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Sagar Cements successfully concludes QIP issue
Feb 16,2017

Sagar Cements has successfully concluded its fund raising exercise through Qualified Institutional Placement (QIP). The Company raised Rs 173 crore by issue of 24 lakh shares of Rs 10 each at a price of Rs 720 per share. Post issue, the institutional holding is in excesss of 18.7% as against 7.3% pre-QIP.

The funds raised will be deployed to meet capital expenditure for increasing the capacity of its grinding unit at Bayyavaram from 1,81,500 MT to 15,00,000 MT per annum, setting up a 15 MW coal based captive power plant at its Mattampally unit and for general corporate purpose.

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Kirloskar Industries director resigns
Feb 16,2017

Kirloskar Industries announced that Priyamvada A. Ranade has resigned from the Board of Directors of the Company as a Director due to other pre-occupations with effect from 15 February 2017.

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R&B Denims resumes factory operations
Feb 16,2017

R&B Denims announced that there is a considerable change in market scenario and the effect of demonetization is over, Companys stock in hand are come down to optimum stock level.

Further there is an increase in demand of companys product both in domestic and foreign market, the company has started its normal functioning and foresee no further interruption will arise in manufacturing activities.

On 16 December 2016, the Company had temporarily shut down factory production due to market trend and effect of demonetization.

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Bharat Wire Ropes appoints director
Feb 16,2017

Bharat Wire Ropes announced that the Board of Directors of the Company has appointed Shiv Kumar Malu as an Independent Director with effect from 15 February 2017.

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Sarthak Global announces resignation of director
Feb 16,2017

Sarthak Global announced that Sitaram Rathi has resigned from the post of Director as well as Whole-time Director of the Company from the closing hours of 14 February 2017.

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Mercator appoints director
Feb 16,2017

Mercator announced that Desh Raj Dogra has been appointed as (Additional) Independent and Non- Executive Director of the Company for a period of 5 years w.e.f 15 February 2017.

The Board of Directors of the Company approved the appointment of Dogra through Circular Resolution passed on 15 February 2017.

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Aryaman Financial Services provides update on subsidiary - Escorp Asset Management
Feb 16,2017

Aryaman Financial Services announced that Escorp Asset Management , a subsidiary of the Company has filed the Draft Prospectus dated 14 February 2017 with the BSE, for listing its equity shares on SME Platform of BSE.

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Future Enterprises allots NCDs aggregating Rs 265 crore
Feb 16,2017

Future Enterprises announced that the Committee of Directors of the Company at its meeting held on 16 February 2017 has allotted 1060, 9.60% secured redeemable non-convertible debentures (NCDs) of Rs 10 lakh each (series XVI-A) and 1590, 9.60% secured redeemable non-convertible debentures (NCDs) of Rs 10 lakh each (series XVI-B) aggregating to Rs 265 crore on private placement basis.

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IP Rings allots 56,33,718 equity shares
Feb 16,2017

IP Rings announced that the Rights Issue Sub-Committee of the Company at their meeting held on 16 February 2017, has considered and approved, inter alia, the following:

- Allotment of 56,33,718 fully paid up Rights Equity Shares of face value of Rs. 10 each at a price of Rs. 88.75 per Rights Equity Shares including a premium of Rs. 78.75 per Rights Equity Shares, to the eligible equity shareholders of the Company and in pursuance of the basis of allotment approved by the BSE, the designated stock exchange.

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Shilpa Medicare intimates of fire accident
Feb 16,2017

Shilpa Medicare announced that there was an incident of fire at the Companys EOU Unit (API) plant in one block of the Company, situated at Raichur, Karnataka. It is further intimated that it may not have impact on the operations of the said plant or financials.

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Harita Seating Systems fixes record date for 2nd interim dividend
Feb 16,2017

Harita Seating Systems has fixed 11 March 2017 as the Record Date for the purpose of payment of Second Interim Dividend.

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Sundaram Clayton revises record date for 2nd interim dividend
Feb 16,2017

Sundaram Clayton has fixed 21 March 2017 instead of 23 March 2017 as informed earlier, as the Revised Record Date for the purpose of payment of Second interim dividend.

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Bharti Airtel provides update on subsidiary - Augere Wireless Broadband India
Feb 16,2017

Bharti Airtel announced that the merger of Augere Wireless Broadband India (Augere), a wholly owned subsidiary into Bharti Airtel (Airtel) has been completed.

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