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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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Gaurav Mercantiles CFO resigns
Dec 30,2016

Gaurav Mercantiles announced that Ruchi Sharma, Chief Financial Officer of the Company has resigned from the services of the Company w.e.f. 28 December 2016.

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Spaceage Products appoints compliance officer
Dec 30,2016

Spaceage Products announced that the Company has been appointed Shivani Singh Yadav as a Compliance Officer of the Company with effect from 30 December 2016.

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Board of Bafna Pharmaceuticals to consider preferential issue of warrants
Dec 30,2016

Bafna Pharmaceuticals announced that the meeting of the Board of Directors of the Company is scheduled to be held on 04 January 2017, to transact following business:

1. Withdrawal of entire preferential issue of 40,00,000 share warrants and in-principle application filed with the Stock Exchanges due to the following reasons:

i) the proposed allottees in the promoter group and one of the investors were ineligible due to sale/purchase/transfer within the group during the 6 months preceding the relevant date;

ii) due to inordinate delay in the process, few of the proposed allottees expressed their unwillingness to subscribe for the issue

2. To propose and consider fresh issue of 80,00,000 share warrants to promoter and non-promoter group subject to necessary approvals.

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Lycos Internet appoints director
Dec 30,2016

Lycos Internet announced that the Board of Directors of the Company at its meeting held on 27 December 2016 has appointed Raghunath Allamsetty as Additional Director (Non-Executive - Independent) of the Company w.e.f. 27 December 2016.

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Board of Mount Shivalik Industries approves shifting of registered office
Dec 30,2016

Mount Shivalik Industries announced that the Board of Directors in its Meeting held on 30 December 2016, has decided to shifting the head office of the Company from C153/2, Okhla Phase 1, New Delhi - 110020 to DPT-512, DLF Prime Tower, Okhla Phase 1, New Delhi- 110020 w.e.f. 16 January 2017.

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Riga Sugar Company allots equity shares
Dec 30,2016

Riga Sugar Company Ltd has informed BSE that the Committee for Issue of Shares/Warrants in its meeting held on December 30, 2016 has allotted.

- 5,50,000 Equity Shares to the Promoter Group by converting 5,50,000 Convertible Equity Share Warrants.

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Ministry of Agriculture & Farmers Welfare decides to extend cut-off date for crop insurance during Rabi 2016-17 under PMFBY up to 10 January 2017
Dec 30,2016

The Ministry of Agriculture & Farmers Welfare keeping in view the difficulties faced by the farmers in obtaining crop insurance during Rabi 2016-17 under Pradhan Mantri Fasal Bima Yojana (PMFBY) due to demonetization of old currency notes, the Ministry of Agriculture & Farmers Welfare to protect the interest of farmers, has decided to extend the cut-off date up to 10th January, 2017 for enrolment of non loanee farmers/debit of premium from eligible crop loan account/Kisan Credit Card of loanee farmers under PMFBY. Now the farmers who could not insure their crops due to demonetization can get their crops insured till 10th January, 2017.

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Raghuvir Synthetics to hold EGM
Dec 30,2016

Raghuvir Synthetics announced that the Extra Ordinary General Meeting (EGM) of the Company will be held on 01 February 2017.

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Majesco allots equity shares
Dec 30,2016

Majesco announced that at a meeting of Investor Grievances and Stakeholder Relationship Committee on 30 December 2016, 21,371 Equity Shares of Rs. 5/- each (Face Value) were allotted to employees who exercised their vested options under the Companys Employee Stock Option Schemes. The said shares will rank pari- passu with the existing shares of the Company in all respects.

Resultantly, the paid up share capital of the Company stands increased to 2,33,34,748 Equity Shares amounting in aggregate to Rs. 11,66,73,740/-.

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Board of Banas Finance approves change in directorate
Dec 30,2016

Banas Finance announced that the Board of Directors of the Company at its meeting held on 30 December 2016 has approved the following -

Appointed Suresh Kharat as CFO and Director of the Company.

Appointed Manish Raul as a Additional Director (Non Executive Independent Director) of the Company.

Appointed Aarti Gavnang as a Additional Director (Non Executive Independent Director) of the Company.

Accepted resignation of Ashwin Shah, Director of the Company.

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Board of Jai Mata Glass approves shifting of registered office
Dec 30,2016

Jai Mata Glass announced that the Board in its Meeting held on 30 December 2016, has taken following important decision and passed a resolution for shifting of registered office from one state to another, subject to Compliances of all requirements.

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Vaghani Techno-Build announces change in directorate
Dec 30,2016

Vaghani Techno-Build announced that in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as the listing Regulations, 2015), Section 168 of the Companies Act, 2013 and other applicable provisions, if any, the Company inform that Ranjit Shetty has been appointed as Additional Director of the company and Bhavesh Parekh has resigned from the post of Directorship of the Company w.e.f. 30 December 2016 and is hereby accepted with immediate effect.

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Board of Zicom Electronic Security Systems approves increase in authorised capital
Dec 30,2016

Zicom Electronic Security Systems announced that the Board of Directors of the company at its meeting held on 30 December 2016 approved the following, subject to approval of shareholders -

Increase in authorised capital from Rs 25 crore to Rs 50 crore.

To alter MoA and AoA with respect to the preceding item.

To enable bankers to convert part of the debt into equity shares of the company, pursuant to in-principle invocation of Strategic Debt Restructuring scheme by Joint Lenders Forum.

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Outcome of board meeting of Jainco Projects (India)
Dec 30,2016

Jainco Projects (India) announced that the meeting of Board of Directors of the Company held on 30 December 2016 has discussion on the banking related matters and on working of the Company.

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Websol Energy Systems completes FCCB restructuring exercise
Dec 30,2016

Websol Energy System has successfully completed the FCCB restructuring exercise as per the terms approved by the shareholders of the Company in the EGM held on 26 May 2016. The same has also been approved by RBI.

Further the Company has informed that, the revised FCCBs are listed and quoted on SGX with effect from 29 December 2016.

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