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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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Lakshmi Vilas Bank announces change in directorate
May 20,2017

Lakshmi Vilas Bank has appointed Rajnish Kumar, General Manager, Reserve Bank of India, Bengaluru as Additional Director on the Board in place of Vivek Srivastava, General Manager, Central Office, Mumbai for a period of two years with effect from 17 May 2017 to 16 May 2019 or till further orders.

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Ballarpur Industries announces resignation of director
May 20,2017

Ballarpur Industries announced that Nandini Adya has resigned from the Directorship of the Company with effect from 19 May 2017.

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Mahindra Holidays & Resorts India fixes record date for bonus issue
May 20,2017

Mahindra Holidays & Resorts India has fixed 11 July 2017 as the Record Date for the purpose of determining Members who would be entitled to the Bonus Shares.

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Board of Arfin India approves revised scheme of amalgamation
May 20,2017

Arfin India announced that the Board of Directors of the Company at its meeting held on 20 May 2017 has approved the revised scheme of amalgamation of Mahendra Aluminium Company (transferor) with Arfin India with the appointed date i.e. 01 April 2017. The scheme is subject to approval of shareholders, the National Company Law Tribunal and all other regulatory and necessary approvals. The Board has also recommended a final dividend of Rs 2 per share for FY ended 31 March 2017.

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Shukra Jewellery announces resignation of director
May 20,2017

Shukra Jewellery announced the resignation of Ramji Khimabhai Rajput, Independent Director of the Company with effect from 20 May 2017.

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Bhagiradha Chemicals & Industries intimates of fire accident at its facility in Andhra Pradesh
May 20,2017

Bhagiradha Chemicals & Industries announced that a fire accident occurred in early hours of 20 May 2017 in Production Block-III of the factory situated at Yerajarla Road, Cheruvukommupalem, Ongole, Prakasam District, Andhra Pradesh -523272, resulting in damage of property. There were no fatalities in this incident. There is no damage to any other production blocks or buildings in the factory. The Inventory and fixed assets are fully covered by insurance. The company has already informed the Insurance Company about the fire accident.

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Pudumjee Pulp & Paper to pay dividend
May 20,2017

Pudumjee Pulp & Paper announced that dividend , if approved by the shareholders at the Annual General Meeting, will be paid on and from 01 August 2017.

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Board of Mahindra Holidays & Resorts India appoints CFO
May 20,2017

Mahindra Holidays & Resorts India announced that the Board of Directors of the Company at their Meeting held on 19 May 2017, has approved the appointment of Akhila Balachandar as the Chief Financial Officer and designated her as a Key Managerial Personnel of the Company with effect from 20 May 2017.

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Laurus Labs to pay dividend
May 20,2017

Laurus Labs announced that the dividend on equity shares, if declared by the shareholders at the ensuing Annual General Meeting, will be credited / dispatched on or after 18 July 2017.

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Board of United Breweries recommends final dividend
May 20,2017

United Breweries announced that the Board of Directors of the Company at its meeting held on 17 May 2017, inter alia, have recommended the final dividend of Rs 1.15 per equity Share (i.e. 115%) , subject to the approval of the shareholders.

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Board of UFO Moviez India recommends final dividend
May 20,2017

UFO Moviez India announced that the Board of Directors of the Company at its meeting held on 17 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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Future Retail provides update on composite scheme of arrangement
May 20,2017

Future Retail announced that the National Company Law Tribunal on 10 May 2017 had approved the Composite Scheme of Arrangement amongst Heritage Foods (transferor company) and Heritage Foods Retail (transferee company) and Future Retail (resulting company). The Scheme has been made effective by filling the NCLT Order on 19 May 2017 with the Registrar of Companies.

Pursuant to the Scheme becoming effective, the retail business undertaking of Heritage Food Retail stands transferred to and vested in the Company with effect from 31 March 2017. As provided in the scheme, the Company shall issue 178,47,420 equity shares of Rs 2 each on proportionate basis to Heritage Food Retail on the record date to be decided by the Board of Directors of Heritage Food Retail.

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Tata Power Company to pay dividend
May 20,2017

Tata Power Company announced that dividend will be paid on and from 24 August 2017.

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Premier Explosives to allot 16.51 lakh shares
May 20,2017

Premier Explosives announced that the Securities Allotment Committee of the Board of Directors of the Company at its meeting held today i.e. on 20 May 2017, inter - alia, approved the following -

i. Allotment of 16,51,000 equity shares of face value of Rs. 10/- at issue price of Rs. 400 per equity share including a premium of Rs. 390 per equity share for an aggregate amount of Rs. 66.04 crore; and

ii. Adopting the placement document dated 20 May 2017 in connection with the QIP.

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Claris Lifesciences announces change in directorate
May 20,2017

Claris Lifesciences announced that Chetan S. Majmudar has resigned from the position of Non-Executive and Non-Independent Director of the Company w.e.f 20 May 2017. Further, Shyamsunder Sharma has been appointed as an Additional Executive and Non-Independent Director on the Board of the Company w.e.f 20 May 2017.

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