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Jindal Drilling & Industries standalone net profit declines 3.66% in the June 2016 quarter

Jindal Drilling & Industries standalone net profit declines 3.66% in the June 2016 quarter

Sep 14,2016

Net profit of Jindal Drilling & Industries declined 3.66% to Rs 9.48 crore in the quarter ended June 2016 as against Rs 9.84 crore during the previous quarter ended June 2015. Sales rose 11.24% to Rs 92.66 crore in the quarter ended June 2016 as against Rs 83.30 crore during the previous quarter ended June 2015.

ParticularsQuarter Ended
n++Jun. 2016Jun. 2015% Var.
Sales92.6683.3011
OPM %9.8912.74-
PBDT14.5518.68-22
PBT12.0915.01-19
NP9.489.84-4

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Vital Communications to table results
Aug 05,2017

Vital Communications will hold a meeting of the Board of Directors of the Company on 11 August 2017, to Consider and Approve Unaudited Financial Results for the Quarter ended on 30.06.2017.

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Inceptum Enterprises to announce Quarterly Result
Aug 05,2017

Inceptum Enterprises will hold a meeting of the Board of Directors of the Company on 11 August 2017, to Consider and Approve Unaudited Financial Results for the Quarter ended 30.06.2017 and Closure of Trading Window

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Amsons Apparels to declare Quarterly Result
Aug 05,2017

Amsons Apparels will hold a meeting of the Board of Directors of the Company on 11 August 2017, to Consider and Approve Unaudited Financial Results for the Quarter ended 30.06.2017 and Closure of Trading Window

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Satin Creditcare Network to convene board meeting
Aug 05,2017

Satin Creditcare Network will hold a meeting of the Board of Directors of the Company on 14 August 2017, to consider, discuss and approve Un-audited Financial Result for the Quarter ended on June 30, 2017 along with other items of Agenda

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Mefcom Capital Markets to conduct AGM
Aug 05,2017

Mefcom Capital Markets announced that the Annual General Meeting (AGM) of the company will be held on 1 September 2017.

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Kalyani Forge to table results
Aug 05,2017

Kalyani Forge will hold a meeting of the Board of Directors of the Company on 10 August 2017 Quarterly Results

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Achal Investments to hold board meeting
Aug 05,2017

Achal Investments will hold a meeting of the Board of Directors of the Company on 11 August 2017, to Consider and Approve Unaudited Financial Results for the Quarter ended on 30.06.2017 and Closure of Trading Window

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India signs loan agreement with the Asian Infrastructure Investment Bank (AIIB) for Financing of US$ 329 million for Gujarat Rural Roads Project
Aug 05,2017

The Loan and Project Agreements for Asian Infrastructure Investment Bank (AIIB) lending of US$ 329 million for Gujarat Rural Roads Project have been signed between the Government of India/ Government of Gujarat and the AIIB on 04 August 2017. The Loan Agreement was signed by Shri Sameer Kumar Khare, Joint Secretary (MI), Department of Economic Affairs (DEA), Ministry of Finance on behalf of the Government of India and Dr. D.J. Pandian, Vice President and Chief Investment Officer, AIIB, on behalf of the AIIB.

The objective of the project is to improve the rural road connectivity and accessibility (by providing all weather road connectivity) to 1,060 villages in all the 33 districts in Gujarat state benefiting about 8 million people. The project will also benefit the service providers such as public transport operators, educational institutions, hospitals, local markets and traders.

The project consists of following two main components:

i. Constructions and Up-gradation of Non-Plan Roads (NPRs): A total of 5000 km of NPRs will be constructed under this component. Besides, it is also envisaged to construct - missing links (last mile connecting to the road network); missing structures (culverts and small bridges); approach roads to educational institutions; and upgrade/ construct roads passing through tribal areas.

ii. Up-gradation of Planned Roads: It is envisaged to upgrade existing earthen and metal roads to black top roads, resurfacing of village roads and other district roads, up-gradation of bridges to prevent flooding and subsequent isolation of flooded villages during monsoon season and widening of village roads and other district roads to ease traffic congestion.

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Future Lifestyle Fashions fixes record date for dividend
Aug 05,2017

Future Lifestyle Fashions has fixed 22 August 2017 as record date for payment of Dividend for FY 2016-17, if declared at the forthcoming AGM.

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Balgopal Commercial appoints company secretary and compliance officer
Aug 05,2017

Balgopal Commercial announced the appointment of Rupal Dalmia as Company Secretary and Compliance Officer with immediate effect.

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Saptarishi Agro Industries announces appointment of directors
Aug 05,2017

Saptarishi Agro Industries announced the appointment of the following directors -

1. Appointment Krunal Ravjibhai Patel as executive director of the Company
2. Appointment Ravjibhai Nagarbhai Patel as executive director of the Company
3. Appointment Rushabh Ravjibhai Patel as executive director of the Company

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Chemcrux Enterprises receives closure notice for its Ankleshwar factory
Aug 05,2017

Chemcrux Enterprises announced that the Company has received the closure intimation of factory located at 4712-14, GIDC, Road South 10, Ankleshwar-393 002, Gujarat from Gujarat Pollution Control Board for non compliance of certain technical requirements observed by them. However, the management is in the process to address the issues to reinstate the operations of the factory at the earliest.

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Board of Meenakshi Enterprises approves change in directorate
Aug 05,2017

Meenakshi Enterprises announced that the Board of Directors of the Company at its meeting held on 04 August 2017 has approved the following -

1. Appointment of Vishal Kumar Garg (DIN: 06732732) as an Additional Director of the Company with immediate effect.

2. Change in Designation of Stanley Gilbert Felix Melkhasingh (DIN: 01676020), as a Non- Executive Director of the Company w.e.f 05 August 2017.

3. Appointment of Vishal Kumar Garg (DIN: 06732732) as Managing Director of the Company w.e.f. 05 August 2017

4. Resignation of Vasalakotram Sampath Sudhakar (DIN: 05139324) as Independent Director of the Company w.e.f. 04 August 2017.

5. Appointment of Nikita Chourasia (Membership No.51744) as the Company Secretary of the Company w.e.f. 04 August 2017

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Autoline Industries provides update on its initiatives to achieve operational efficiency
Aug 05,2017

Autoline Industries announced that currently it is operating through its 9 manufacturing facilities spread across India along with in-house Design & Style Centre.

In continuation of Companys initiatives to achieve the operational efficiency, cost reduction and to reduce the debt, the Company has taken one more major step by way of consolidating one of its manufacturing facility situated at F-II, 24/25, MIDC, Pimpri, Pune to its Chakan Units, Pune.

The Company has entered into Memorandum of Understanding (MOU) on 03 August 2017 with the prospective buyer to transfer the said land and buildings thereon (immovable property). The Company will utilize the sale proceeds to settle the debt that has a charge on the above said immovable property and reduce overall debt exposure of the Company.

The Company believes that the consolidation of facilities will accrue substantial operational efficiency, cost savings, and smoothening of supply chain management by utilizing the available resources in Chakan Unit.

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United Van Der Horst appoints director
Aug 05,2017

United Van Der Horst announced that the Board of Directors of the Company at its meeting has approved the appointment of Sonal Singh DIN (01277322) as Additional Non - Executive Independent Director of Company with immediate effect i.e. 3 August 2017.

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