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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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McDowell Holdings announces resignation of director
Dec 22,2016

McDowell Holdings announced that N. Srinivasan Director of the Company has resigned from the office of Director of the Company.

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Suzlon Energy forms JV with AMP Solar
Dec 22,2016

Suzlon Energy announced a joint venture with AMP Solar for the development and construction of a 15 MW solar PV project located at Achampet, Mahaboobnagar District, Telangana.

Suzlon will be responsible for project commissioning and to provide comprehensive operations and maintenance services for a period of 25 years. The project is expected to be commissioned in the FY 2017.

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Schrader Duncan announces resignation of director
Dec 22,2016

Schrader Duncan announced that Shantanu Parvati, Whole Time Director of the Company vide his letter dated 22 December 2016 has resigned from the Company with effect from the close of working hours of 31 January 2017.

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Board of Mahalaxmi Rubtech approves preferential allotment of convertible warrants
Dec 22,2016

Mahalaxmi Rubtech announced that the Board of Directors of the Company at its meeting held on 22 December 2016 approved allotment of 45 lakh warrants convertible into equity shares at an issue price of Rs 45 per warrant on preferential basis.

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Board of Hinduja Ventures approves subscription to rights issue of Hinduja Leyland Finance
Dec 22,2016

Hinduja Ventures announced that the Board of Directors of the Company at its meeting held on 22 December 2016 approved the subscription to -

- 16,57,408 equity shares of Rs 10 each offered to the Company by Hinduja Leyland Finance on rights basis at a price of Rs 79 per share.

- 11,394 equity shares renounced in favour of the Company at a price of Rs 79 per share.

The Companys shareholding after subscription to equity shares on rights basis and equity shares renounced will increase to 2,15,57,692 equity shares which would be equivalent to 5.23% on the enhanced equity paid up capital of Hinduja Leyland Finance. The percentage of holding remains unchanged on the enhanced equity paid up capital of Hinduja Leyland Finance.

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Welplace Portfolio & Financial Consultancy Services allots equity shares
Dec 22,2016

Welplace Portfolio & Financial Consultancy Services announced that the Board of Directors of the Company at its meeting held on 22 December 2016 has allotted 1,12,55,800 equity shares of face value of Rs 10 each to proposed allottees who are non-promoters.

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Board of Chromatic India to consider appointment of director
Dec 22,2016

Chromatic India announced that a Meeting of the Board of Directors of the Company will be held on 30 December 2016, inter alia, to consider the following changes in the Board of Directors of the Company :

- Appointment of Mayank Kotadia on the Board of Directors of the Company.

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Goodluck Steel Tubes to consider preferential allotment of warrants
Dec 22,2016

Goodluck Steel Tubes announced that a meeting of the Board of Directors of the Company is scheduled be held on 27 December 2016, inter alia, to issue and allot warrants convertible into equal number of equity shares to promoters on preferential basis.

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Board of JBM Auto to consider fund raising options including through QIP
Dec 22,2016

JBM Auto announced that a meeting of Board of Directors is scheduled to be held on 29 December 2016, inter alia, to re-consider (in supersession of its earliest resolution dated 14 November 2016 on the above matter) the proposal for various fund raising options including through Qualified Institutions Placement subject to taking of shareholders approval through Postal Ballot for the aforesaid purpose.

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Board of Sita Shree Food Products to consider notice of EGM
Dec 22,2016

Sita Shree Food Products announced that a meeting of the of Board of Directors of the Company will be held on 30 December 2016, inter alia, to consider Notice of Extra Ordinary General Meeting.

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Board of Ace Men Engg Works accepts resignation of company secretary
Dec 22,2016

Ace Men Engg Works announced that the Board of Directors of the Company at its meeting held on 22 December 2016 has approved the following -

Resignation of Arindham Roy Chowdhary from the post of Company Secretary.

Rajesh Kumar Sharma, Managing Director of the Company shall act as a Compliance officer with immediate effect.

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Board of NHPC does not consider agenda for interim dividend for FY 2017
Dec 22,2016

NHPC announced that agenda regarding declaration of interim dividend for the financial year 2016-17 was not placed at the meeting of the Board of Directors of the Company held on 22 December 2016.

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Board of Learning Edge Academy of Professionals approves change in registered office
Dec 22,2016

Learning Edge Academy of Professionals announced that the Board of Directors of the Company at its meeting held on 22 December 2016 approved the change in registered office of the Company to A-16, First Floor, Qutab Institutional Area, Aruna Asaf Ali Marg, New Delhi - 110067.

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Outcome of board meeting of Pesticides & Brewers
Dec 22,2016

Pesticides & Brewers announced that the Board of Directors of the company at its meeting held on 22 December 2016 approved the proposal to make revocation application with BSE.

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H T Media to consider December quarter and 9-month results
Dec 22,2016

H T Media announced that a meeting of the Board of Directors of the Company will be held on 24 January 2017, inter alia, to consider and approve the Un-audited Financial Results of the Company for the quarter/9-months period ending on 31 December 2016.

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