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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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Board of Jubilant Life Sciences approves acquisition of preference shares of Jubilant Biosys
Feb 07,2017

Jubilant Life Sciences announced that the Board of Directors of the Company has, at its meeting held on 07 February 2017, has approved acquisition of 18,66,20,000 12% Optionally Convertible Non-cumulative Redeemable Preference Shares of Rs. 10 each of Jubilant Biosys at par aggregating to Rs. 186.62 crore, subject to applicable laws.

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Board of Honeywell Automation India approves change in directorate
Feb 07,2017

Honeywell Automation India announced that Board of Directors in its meeting held on 06 February 2017 noted and accepted the appointment of Tina Pierce as Non-Executive Director in casual vacancy of Norm Gilsdorf. The appointment is effective 06 Februar 2017.

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Jindal Stainless announces change in CFO
Feb 07,2017

Jindal Stainless announced appointment of Anurag Mantri as CFO with effect from 07 February 2017 in place of Ashish Gupta with immediate effect at the board meeting held on 07 February 2017.

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Sanathnagar Enterprises appoints director
Feb 07,2017

Sanathnagar Enterprises announced that Vinod Shah has been appointed as an Additional Director (in the category of Independent Director) of the Company with effect from 07 February 2017.

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Mandhana Industries gets revision in credit ratings for NCDs
Feb 07,2017

Mandhana Industries announced that CARE has revised its rating for Non - Convertible Debentures issue by the Company from CARE C to CARE D.

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National Standard (India) appoints CEO
Feb 07,2017

National Standard (India) announced that Samujjwal Ghosh has being appointed as new CEO of the Company with effect from 07 February 2017.

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Sundaram Clayton announces change in CEO
Feb 07,2017

Sundaram Clayton announced that M Muthuraj has been appointed as the Chief Executive Officer of the Company in place of C N Prasad, effective 07 February 2017.

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Perfectpac appoints company secretary and compliance officer
Feb 07,2017

Perfectpac announced that Preeti is appointed as Company Secretary & Compliance Officer of the Company w.e.f. 07 February 2017.

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IL&FS Engineering & Construction Co gets reaffirmation of ratings for bank facilities
Feb 07,2017

IL&FS Engineering & Construction Co announced that CARE has reaffirmed the credit rating of the Company for Long / Short Term Bank Facilities aggregating Rs 2393.56 crore.

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S.V. Trading & Agencies enters into marketing agreement with Montage Enterprises
Feb 07,2017

S.V. Trading & Agencies announced that the Company has entered into a marketing agreement with Montage Enterprises, a Company engaged in the business, of manufacturing and providing packaging products & solutions and having its registered office at New Delhi, to promote and market their products across different location within India.

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ICICI Bank allots 364100 equity shares
Feb 07,2017

ICICI Bank has allotted 364,100 equity shares of face value of Rs. 2/- each on 06 February 2017 under the Employees Stock Option Scheme, 2000 (ESOS).

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Nitesh Estates announces resignation of CEO
Feb 07,2017

Nitesh Estates announced that Ashok Aram, Independent Director of the Company has moved to Frankfurt, Germany, as Chief Executive Officer of Deutsche Bank European Operations. In view of the geographical move, he has expressed his inability to continue on the Board of the Company, has elected to resign from the Board of the Company. However, he will be extending his support to the Company as Advisor.

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Hipolin announces appointment of director
Feb 07,2017

Hipolin announced that Nirav Dineshbhai Shah has been appointed as an Additional Director (Independent) of the Company, till the ensuing General Meeting, with effect from 07 February 2017 and approved the same in the meeting of Board of Directors held on 07 February 2017.

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Engineers India announces change in directorate
Feb 07,2017

Engineers India announced that the Ministry of Petroleum & Natural Gas, Government of India vide its letter dated 31 January 2017 (received on 07 February 2017) has communicated that the Competent Authority has approved the proposal for entrusting the additional charge of the post of Director (Projects), Engineers India to Sanjay Gupta, Chairman & Managing Director, Engineers India, for a period of three months from 01 January 2017 to 31 March 2017 or till the appointment of a regular incumbent to the post or until further orders, whichever is the earliest.

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NHPC announces appointment of director
Feb 07,2017

NHPC announced that as per Ministry of Power vide its order dated 01 February 2017 has appointed Nikhil Kumar Jain as Director (Personnel) on the Board of NHPC for a period of five years with effect from date of assumption of charges of the post, on or after 01 February 2017, or till the date of superannuation, or until further orders, whichever is the earliest. Accordingly the Board of Directors in its meeting held on 07 February 2017 has noted and confirmed the appointment of Nikhil Kumar Jain as Director (Personnel) on the Board of the Company with effect from 07 February 2017.

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