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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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APL Apollo Tubes receives patents for 4 Hollow Section Pipes
Dec 12,2016

APL Apollo Tubes announced that it received patents from the Indian Patent Office for four new designs of Hollow Section pipes. The patents cover the shapes and configurations of differentiated structural products. In addition to the four patents, APL Apollo holds another two design patents that it has developed in-house.

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Pecos Hotels & Pubs provides update on business expansion
Dec 12,2016

Pecos Hotels & Pubs has opened the following new restaurants:

1. Denim Bistro located at Plot No. 2, Near Ambedkar Chowk, Pimpri, Pune - 411 018.
2. Denim Bistro located at Hitech City, Survey No. 35, Next to Pheonix Avance Business Park, Hyderabad - 500 081.
3. Denim Bistro located at Plot No. (21-25)/ B, Near Lekha Nagar, Indranagar, Mumbai Agra Highway, Nashik - 422 009.

Accordingly as per the date of this letter i.e. 12 December 2016, the total number of restaurants of the Company is Seven.

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Omax Autos announces resignation of CFO
Dec 12,2016

Omax Autos announced that Pushpendra Kumar Bansal, Chief Financial Officer (Key managerial personnel) of the Company, has resigned from his office and services of the Company w.e.f. 12 December 2016.

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Jayshree Chemicals shifts registered office
Dec 12,2016

Jayshree Chemicals announced that the Regional Director, Eastern Region, Ministry of Corporate Affairs, Kolkata vide its Order dated 09 November 2016, has approved shifting of the Registered Office of the Company from the State of Odisha to the State of West Bengal. The Registered Office of the Company has been shifted to 31, Chowringhee Road, Kolkata - 700016 with effect from 12 December 2016.

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Reliance Defence & Engineering announces change in nominee director
Dec 12,2016

Reliance Defence & Engineering announced that lDBl Bank (the Bank), one of the Lenders of the Company, has communicated to the Company its decision of substitution of its Nominee Director on the Board of the Company.

The Bank has withdrawn the Nomination of Ajay Sharma from the Board and in his place, appointed Ajoy Nath Jha as its Nominee Director on the Board of the Company with effect from 28 November 2016. The Board of the Company has on 12 December 2016 taken note of the said appointment.

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Board of Ambition Mica to consider bonus issue
Dec 12,2016

Ambition Mica announced that the Meeting of the Board of Directors is scheduled to be held on 21 December 2016, inter alia, to transact the following business, subject to approval of shareholder to be obtained in this behalf, if any.

- To consider the issue of Bonus shares.

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Board of Maharashtra Seamless approves appointment of director
Dec 12,2016

Maharashtra Seamless announced that the Board of Directors of the Company at its meeting held on 12 December 2016, inter alia, has considered and approved the following:

- Appointment of Shiv Kumar Singhal as Whole Time Director of the Company with effect from 15 January 2017 for a period of 5 Years.

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PVP Ventures postpones board meeting to consider Q2 & HY results
Dec 12,2016

PVP Ventures announced that a Meeting of the Board of Directors of the Company which was scheduled to be held on 12 December 2016, inter alia, to consider and approve the Unaudited financial results of the Company for the quarter and half year ended 30 September 2016 has been postponed to 14 December 2016 in view of adverse climatic conditions at Chennai (Cyclone Vardah).

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Board of Ricoh India approves appointment of CFO and KMP
Dec 12,2016

Ricoh India announced that the Board of Directors of the Company at its meeting held on 12 December 2016, have inter-alia considered and formally approved the appointment of Pooja Aggarwal as Chief Financial Officer and Key Managerial Personnel (KMP) of the Company.

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Board of Ricoh India approves appointment of CFO and KMP
Dec 12,2016

Ricoh India announced that the Board of Directors of the Company at its meeting held on 12 December 2016, have inter-alia considered and formally approved the appointment of Pooja Aggarwal as Chief Financial Officer and Key Managerial Personnel (KMP) of the Company.

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Outcome of board meeting of Khandwala Securities
Dec 12,2016

The Board of Directors of Khandwala Securities at its meeting held on 12 December 2016 approved the following -

Acceptance of change in designation of Pranav Khandwala from Whole Time Director to Non Executive Director with effect from 04 December 2016 due to moving towards new assignments.

Took note of the resignation of Pranav Khandwala from the post of Chief Financial Officer of the Company with effect from 04 December 2016.

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Board of JK Lakshmi Cement to consider private placement of NCDs
Dec 12,2016

JK Lakshmi Cement announced that a meeting of the Directors of the Company will be held on 17 December 2016, inter alia, to consider and approve the issuance of NCDs of upto Rs. 300 crore, in one or more tranches/series, on Private Placement basis.

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Bodhtree Consulting amongst shortlisted companies to be GST Suvidha Providers
Dec 12,2016

Bodhtree Consulting announced that the Company has been shortlisted by the GSTN, to provide interface between the new Goods and Services Tax (GST) server and taxpayers.

GSTN, the Company that is tasked with building the worlds biggest and most complex tax framework, short-listed 34 companies to be the GST Suvidha Provider subject to further process of finalisation and agreement by the GSTN.

The GSP is mandated to provide innovative and convenient ways to taxpayers and other stakeholders in interacting with GST Systems from registration of entity to uploading of invoice details to filing of returns.

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Geometric announces resignation of director
Dec 12,2016

Geometric announced that the Company has received a letter of resignation from Ajay Mehra, Independent Director of the Company.

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DLF slips after announcing disappointing Q2 results
Dec 12,2016

The announcement was made after market hours on Friday, 9 December 2016.

Meanwhile, the BSE Sensex was down 239.33 points, or 0.91%, to 26,504.13.

On the BSE, so far 8.06 lakh shares were traded in the counter so far, compared with average daily volume of 12.73 lakh shares in the past one quarter. The stock had hit a high of Rs 116.80 and a low of Rs 112.30 so far during the day. The stock had hit a record low of Rs 72.50 on 12 February 2016. The stock had hit a 52-week high of Rs 169.60 on 19 August 2016.

The stock had underperformed the market over the past one month till 9 December 2016, falling 3.08% compared with the Sensexs 1.85% fall. The scrip had also underperformed the market in past one quarter, declining 27.19% as against the Sensexs 7.12% fall.

The large-cap company has equity capital of Rs 356.79 crore. Face value per share is Rs 2.

DLFs primary business is development of residential, commercial and retail properties.

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