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Future Enterprises standalone net profit rises 615.37% in the June 2016 quarter

Future Enterprises standalone net profit rises 615.37% in the June 2016 quarter

Sep 14,2016

Net profit of Future Enterprises rose 615.37% to Rs 315.48 crore in the quarter ended June 2016 as against Rs 44.10 crore during the previous quarter ended June 2015. Sales declined 67.64% to Rs 921.19 crore in the quarter ended June 2016 as against Rs 2846.84 crore during the previous quarter ended June 2015.

ParticularsQuarter Ended
n++Jun. 2016Jun. 2015% Var.
Sales921.192846.84-68
OPM %24.969.91-
PBDT295.07184.1360
PBT142.3249.92185
NP315.4844.10615

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Can Fin Homes plans sub-division of equity shares
Jun 03,2017

Can Fin Homes has plans for sub-division of equity shares of the company. The Board will consider the proposal on 23 June 2017.

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Credit Analysis & Research appoints director
Jun 03,2017

Credit Analysis & Research has appointed Sadhana Dhamane (DIN: 01062315) as an Additional Director (Non-Executive) with effect from 02 June 2017.

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Reliance Communications updates on debt resolution plan
Jun 03,2017

Reliance Communications has been engaged in discussions with itslenders to finalise an overall debt resolution plan, with the objective of :

- expeditiously closing the already announced strategic transactions with Aircel and Brookfield, to immediately reduce debt from Rs.45,000 crore to approx. Rs.20,000 crore; a reduction of 60% OR Rs. 25,000 crore.

- developing a sustainable long term plan for servicing the Companys remaining debt.

Based on applicable guidelines, the lenders have today constituted a Joint Lenders Forum (JLF) to consider and approve the Companys plans in this regard.

The lenders have taken note of the advanced stage of implementation ofRCOMs strategic transformation programme involving inter alia thetransactions for the Wireless and Towers Business.

The lenders have proposed to give time of 7 months till December 2017 tocomplete the above transactions, and reduce its debt by a substantial amount of Rs 25,000 crore, or 60%.

RCOM will also present to the lenders its sustainable long term plans forservicing the remaining debt of Rs 20,000 crore.

As part of the above, there will be a Standstill on the Companys debt servicing obligations for the next 7 months till end December, 2017.

In the event the transactions are not completed in the above timeframe, the Lenders may exercise their right to convert their debt, in accordance with applicable SDR guidelines.

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Capri Global Capital shifts registered office
Jun 03,2017

Capri Global Capital has shifted registered office to the following new address within local city limits with effect from 01 June 2017 -

502, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai 400 013.

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Board of Sharda Motor Industries recommends final dividend
Jun 03,2017

Sharda Motor Industries announced that the Board of Directors of the Company at its meeting held on 30 May 2017, inter alia, have recommended the final dividend of Rs 6.25 per equity Share (i.e. 62.5%) , subject to the approval of the shareholders.

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Board of Siyaram Silk Mills recommends final dividend
Jun 03,2017

Siyaram Silk Mills announced that the Board of Directors of the Company at its meeting held on 27 May 2017, inter alia, have recommended the final dividend of Rs 15 per equity Share (i.e. 150%) , subject to the approval of the shareholders.

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Board of SMS Pharmaceuticals recommends final dividend
Jun 03,2017

SMS Pharmaceuticals announced that the Board of Directors of the Company at its meeting held on 30 May 2017, inter alia, have recommended the final dividend of Rs 0.2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

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Board of Sonata Software recommends final dividend
Jun 03,2017

Sonata Software announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 5.5 per equity Share (i.e. 550%) , subject to the approval of the shareholders.

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Board of Signet Industries recommends final dividend
Jun 03,2017

Signet Industries announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 0.05 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

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Board of Sri Adhikari Brothers Television N.W. recommends final dividend
Jun 03,2017

Sri Adhikari Brothers Television N.W. announced that the Board of Directors of the Company at its meeting held on 30 May 2017, inter alia, have recommended the final dividend of Rs 0.6 per equity Share (i.e. 6%) , subject to the approval of the shareholders.

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Board of Shri Jagdamba Polymers recommends final dividend
Jun 03,2017

Shri Jagdamba Polymers announced that the Board of Directors of the Company at its meeting held on 30 May 2017, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Board of Seshasayee Paper & Boards recommends final dividend
Jun 03,2017

Seshasayee Paper & Boards announced that the Board of Directors of the Company at its meeting held on 30 May 2017, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

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InterGlobe Aviation allots 130,952 equity shares
Jun 03,2017

InterGlobe Aviation has allotted 130,952 equity shares of face value of Rs. 10/- each, to those grantees who had exercised their options under the InterGlobe Aviation Limited - Employees Stock Option Scheme 2015 in accordance with the terms set out in the scheme. The details of the said allotment are given in the Letter filed with the Stock Exchanges.

The above said shares shall rank pari-passu with the existing shares of the Company in all respect.

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Board of Sudarshan Chemical Industries recommends final dividend
Jun 03,2017

Sudarshan Chemical Industries announced that the Board of Directors of the Company at its meeting held on 26 May 2017, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

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Board of Setco Automotive recommends final dividend
Jun 03,2017

Setco Automotive announced that the Board of Directors of the Company at its meeting held on 30 May 2017, inter alia, have recommended the final dividend of Rs 0.65 per equity Share (i.e. 32.5%) , subject to the approval of the shareholders.

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