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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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Jyoti Resins and Adhesives announces resignation of director
Dec 23,2016

Jyoti Resins and Adhesives announced that the Company has received a resignation letter dated 23 December 2016 from Harshad Govindbhai Patel a Non Executive Independent Director resigning from the directorship of the Company with effect from 23 December 2016 due to unavoidable circumstances.

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Board of Mold-Tek Technologies approves merger of subsidiaries
Dec 23,2016

Mold-Tek Technologies announced that the Board of Directors of the Company at its meeting held on 23 December 2016 approved the merger of two wholly owned subsidiaries RMM Global Inc. (surviving entity) and Crossroad Detailing Inc.

Post merger, RMM Global shall be renamed Mold-Tek Technologies, Inc.

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Board of BLB to consider restructuring of company and subsidiaries
Dec 23,2016

BLB announced that the Meeting of Board of Directors of the Company is scheduled to be held on 27 December 2016, inter alia, to discuss, consider and approve the following:

1. Withdrawal of the Scheme of Merger and Amalgamation of Manu Properties with the Company.

2. Withdrawal of Voluntary Delisting application from BSE.

3. The proposal to appoint Consultant for the purpose of Restructuring of the Company and its subsidiaries.

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Board of Apis India decides to invest in JV company in Dubai
Dec 23,2016

Apis India announced that the Board of Directors of the Company at its meeting held on 23 December 2016 has taken the following decisions -

To invest an amount not exceeding Rs 30 crore in Dubai, UAE.

To invest in JV company namely - Apis Pure Company for Food Stuff Trading situated at Dubai, UAE.

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Dhanuka Commercial announces resignation of CFO
Dec 23,2016

Dhanuka Commercial announced that Vinod Kumar Aggarwal, Chief Financial Officer (CFO) of the Company has tendered his resignation from the Post of Chief Financial Officer (CFO) of the Company with effect from closure of Business hours of 26 December 2016.

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TCS recognised as Leader & Star Performer for Healthcare Player IT Services
Dec 23,2016

Tata Consultancy Services has been recognised as Leader and Star Performer for Healthcare Player IT Services by Everest Group, in its report - Healthcare Payer IT Services - Service Provider Landscape with PEAK Matrix - Assessment 2016.

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Housing Development Finance Corporation allots equity shares
Dec 23,2016

Housing Development Finance Corporation announced that the Corporation on 23 December 2016 allotted 1,82,925 equity shares of Rs. 2 each pursuant to exercise of stock options by certain employees / directors.

Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs. 317,01,77,850 consisting of 158,50,88,925 equity shares of Rs. 2 each.

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Unique Organics announces resignation of director
Dec 23,2016

Unique Organics announced that the Company received a resignation letter dated 23 December 2016 from Dilip Kumar Joshi from the office of Independent Director of the Company due to their personal issues and short of time.

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Board of Apar Industries to consider buyback of shares
Dec 23,2016

Apar Industries announced that a meeting of the Board of Directors of the Company is scheduled to be held on 06 January 2017, inter alia, to consider matters related to buyback of the fully paid-up equity shares of the Company including matters related / incidental thereto and any other matter as the Board of Directors may decide during the course of the meeting.

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Board of Lakshmi Precision Screws to appoint director
Dec 23,2016

Lakshmi Precision Screws announced that a meeting of the Board of Directors of the Company, which is scheduled to be held on 30 December 2016 to consider and approve the appointment of an Independent Director of the Company.

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Board of Banas Finance to consider change in directorate
Dec 23,2016

Banas Finance announced that the meeting of the Board of Directors of the Company will be held on 30 December 2016, inter alia, to consider and approve the following:

1. To appoint Suresh Kharat as a CFO and Director of the Company.

2. To appoint Manish Raul as an Additional Director of the Company in the category of Non Executive Independent Director.

3. To appoint Aarti Gavnang as an Additional Director of the Company in the category of Non Executive Independent Director.

4. To accept the resignation of Ashwin Shah, Director of the Company.

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Godrej Consumer Products to consider Q3 results and interim dividend
Dec 23,2016

Godrej Consumer Products announced that a meeting of the Board of Directors of the Company is scheduled to be held on 30 January 2017, inter alia, for the following items:

1. to take on record the unaudited financial results for the quarter ended 31 December 2016 (Q3);

2. to consider declaration of interim dividend for the financial year 2016-17;

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Board of JK Tyre & Industries to consider fund raising
Dec 23,2016

JK Tyre & Industries announced that a meeting of the Board of Directors of the Company will be held on 28 December 2016 for considering raising of funds by issue of securities, convertible/non-convertible, with or without warrant by way of public and/or private offerings and/or qualified institutions placement or any combination thereof, subject to such approvals as may be required, in supersession of the resolutions of the Board of Directors for raising of funds by issue of Non-convertible Debentures as informed to the Stock Exchanges vide Companys Letter dated 09 November 2016. The approval of the members is proposed to be obtained by way of a Postal Ballot.

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Board of Automotive Stampings & Assemblies to consider Q3 and 9M results
Dec 23,2016

Automotive Stampings & Assemblies announced that a meeting of the Board of Directors of the Company is scheduled to be held on 24 January 2017 to consider and approve the unaudited Financial Results of the Company for the quarter and nine months ended 31 December 2016.

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Trent gets upgradation in rating of NCDs
Dec 23,2016

Trent announced that Brickwork Ratings has upgraded the rating for the Non-Convertible Debentures amounting to Rs. 75 crore issued by the Company which have been listed on National Stock Exchange of India , from BWR AA (Pronounced BWR Double A) (Outlook: Stable) to BWR AA+ (Pronounced BWR Double A Plus) (Outlook: Stable).

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