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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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Radford Global to hold board meeting
Feb 10,2017

Radford Global will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consider and approve unaudited financial results for the Quarter Ended 31 December 2016.

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Bank of Baroda announces change in CFO
Feb 10,2017

Bank of Baroda has appointed Sanjay Kumar as CFO vice Ashok Dangaich with effect from 10 February 2017.

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Victoria Mills announces resignation of director
Feb 10,2017

Victoria Mills announced that Dady K Contractor, the independent Director of the Company has resigned from the Directorship of the Company with immediate effect vide its letter dated 10 February 2017 due to age and health problems.

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Board of The Hi-Tech Gears declares interim dividend
Feb 10,2017

The Hi-Tech Gears announced that the Board of Directors of the Company at its meeting held on 10 February 2017, inter alia, have declared an Interim Dividend on equity shares @ 12.5% i.e. Rs. 1.25/- per share on the paid up share capital of the Company for the year 2016-17.

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Dhampur Sugar Mills to pay interim dividend
Feb 10,2017

Dhampur Sugar Mills announced that interim dividend on equity shares will be paid on or from 22 February 2017.

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Board of Dhampur Sugar Mills declares interim dividend
Feb 10,2017

Dhampur Sugar Mills announced that the Board of Directors of the Company at its meeting held on 10 February 2017, inter alia, has transacted the following;

1. Declared Cumulative Dividend on 8% 1801817 Cumulative Redeemable Preference Shares of Rs. 100 each.

2. Declared an Interim Dividend of 25% i.e Rs. 2.50 per Equity Share of Rs. 10 each of the Company for the Financial Year 2016-17 and the same shall be paid to those Equity Shareholders of the Company.

The said Interim Dividend will be paid to the Equity Shareholders of the Company on or from 22 February 2017.

3. The Board has given In- principal approval for transfer of Rural Distribution Business of Consumer Products to its wholly owned subsidiary EHAAT. The Board has directed Reconstitution Committee of Board of Directors to submit a detailed scheme for its final approval.

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The Hi-Tech Gears fixes record date for interim dividend
Feb 10,2017

The Hi-Tech Gears has fixed 24 February 2017, as the Record Date for the purpose of Payment of Interim Divided.

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SRF to pay interim dividend
Feb 10,2017

SRF announced that interim dividend will be paid on 28 February 2017.

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Board of SRF declares interim dividend
Feb 10,2017

SRF announced that the Board of Directors at its meeting held on 10 February 2017 has declared interim dividend @ 60% i.e. Rs. 6 per share on the paid-up equity share capital of the Company.

The date of payment of interim dividend will be 28 February 2017.

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Sun TV Network declares interim dividend
Feb 10,2017

Sun TV Network announced that the Board of Directors at its meeting held on 10 February 2017, inter alia, has Declared an Interim Dividend of Rs. 5/- per equity share of Rs. 5/- each (i.e. 100%) for the financial year 2016-17.

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Board of Techno Electric & Engineering Company approves buyback of shares upto Rs 60 crore
Feb 10,2017

Techno Electric & Engineering Company announced that the Board of Directors of the Company at their meeting held on 10 February 2017 have, inter-alia, approved a proposal for Buy-back of upto 15,00,000 (Fifteen Lakhs) equity shares (Buy-back) from all the existing shareholders of the Company on a proportionate basis through the Tender Offer method in accordance with the provisions of Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 1998 (the Buy-back Regulations as amended) and the Companies Act, 2013 and rules made thereunder at a price of Rs. 400/-(Rupees Four Hundred Only) per equity share, aggregating to an amount of Rs. 60,00,00,000/-(Rupees Sixty Crores Only), excluding any expenses incurred or to be incurred in relation to the Buy-back viz. brokerage, applicable taxes such as securities transaction tax, service tax, stamp duty, advisors fees, printing and despatch expenses and other incidental and related expenses. The maximum shares proposed to be bought back represent 1.31% of the total paid up equity shares of the Company and the aggregate consideration for proposed buyback represent 7.71% of the aggregate of the paid up equity share capital and free reserves as per the audited financial statements of the Company for the financial year ended 31 March 2016.

The Board noted the intention of the Promoter of the Company NOT to participate in the proposed Buy-back. The Buy-back offer does not require approval of the shareholders of the Company.

The public announcement setting out the process, timelines and other requisite details that be released in due course in accordance with Buy-back Regulations.

The Board has constituted a Buy-back Committee and delegated its powers to the Committee to do all the acts, deeds and things as it may at its absolute discretion deemed necessary and expedient for proper implementation of the decision of the Board relating to Buy-back.

The Board has appointed N. Brahma, Company Secretary as the Compliance Officer for the purposes of Buy-back.

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Board of Power Grid Corporation of India accords Rs 6675.28 cr worth investment approval for 8 projects
Feb 10,2017

Power Grid Corporation of India announced that the Board of Directors of the company at its meeting held on 09 February 2017 have accorded investment approval aggregating Rs 6675.28 crore for 8 projects.

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Hinduja Ventures standalone net profit rises 4.90% in the December 2016 quarter
Feb 10,2017

Net profit of Hinduja Ventures rose 4.90% to Rs 35.99 crore in the quarter ended December 2016 as against Rs 34.31 crore during the previous quarter ended December 2015. Sales declined 99.57% to Rs 0.75 crore in the quarter ended December 2016 as against Rs 174.93 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.75174.93 -100 OPM %6608.0044.74 - PBDT37.6049.60 -24 PBT37.3049.29 -24 NP35.9934.31 5

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G-Tech Info Training reports standalone net profit of Rs 0.01 crore in the December 2016 quarter
Feb 10,2017

Net profit of G-Tech Info Training remain constant at Rs 0.01 crore in the quarter ended December 2016 and also during the previous quarter ended December 2015. Sales remain constant at Rs 0.03 crore in the quarter ended December 2016 and also during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.030.03 0 OPM %33.3333.33 - PBDT0.010.01 0 PBT0.010.01 0 NP0.010.01 0

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BSEL Infrastructure Realty standalone net profit rises 1012.50% in the December 2016 quarter
Feb 10,2017

Net profit of BSEL Infrastructure Realty rose 1012.50% to Rs 1.78 crore in the quarter ended December 2016 as against Rs 0.16 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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