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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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NOCIL allots 304,525 equity shares
May 22,2017

NOCIL has allotted 304,525 equity shares under ESOP on 22 May 2017.

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Axis Bank allots 1,37,500 equity shares
May 22,2017

Axis Bank has allotted 1,37,500 equity shares of Rs. 2/- each on 22 May 2017, pursuant to exercise of options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 479,32,16,428 (239,66,08,214 equity shares of Rs. 2/- each) to Rs. 479,34,91,428 (239,67,45,714 equity shares of Rs. 2/- each)

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Gennex Laboratories receives CGMP from Drugs Control Administration, Telangana
May 22,2017

Gennex Laboratories announced that it has been awarded by the Drugs Control Administration, Government of Telangana, Certificate for good manufacturing practices in the manufacturing and quality control operations as recommended by the World Health Organization, for a period of 2 years.

This certificate has been awarded after inspection of the Companys manufacturing facility by the Joint Inspection Team of officers from Central Drugs Standard Control Organization and Drugs Control Administration, Telangana with regard to the Companys adherence to manufacturing and quality control norms of World Health Organization. This Award, the Company believes, will provide a cutting-edge to penetrate European market in future.

The Company has also received Consent For Operations (CFO) from the Telangana State Pollution Control Board (TSPCB) for a further period of 5 years after a team of officers who inspected the Companys manufacturing and effluent treatment facilities recorded its satisfaction. The Company, however, continues to make efforts to ensure that the Pollution Control norms are strictly adhered to and necessary measures taken from time to time.

The Drugs Control Administration, Telangana had, on 06 May 2017, approved the Companys new product namely Flupentixol Hydrochloride and issued the Drug Licence for the same. The new product is an anti-depressant drug that goes in combination with Melitracin hydrochloride and is widely in demand notably in countries like Bangladesh

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Clariant Chemicals (India) provides update on holding company - Clariant
May 22,2017

Clariant Chemicals (India) announced that its ultimate Global Holding Company Clariant (SIX: CLN) and Huntsman Corporation (NYSE: HUN) announced that their respective Board of Directors approved a definitive agreement to combine in a merger through an all-stock transaction. The merged company will be named HuntsmanClariant. The transaction is subject to shareholder approvals, regulatory approvals and other customary closing conditions.

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Board of HRB Floriculture appoints director
May 22,2017

HRB Floriculture announced the appointment of Vinod Upadhyaya as Additonal Director with effect from 22 May 2017 at board meeting held on 22 May 2017.

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Wipro allots 198,374 equity shares
May 22,2017

Wipro has allotted 198,374 equity shares under ESOP on 19 May 2017.

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Texmaco Rail & Engineering allots 5250 equity shares
May 22,2017

Texmaco Rail & Engineering has allotted 5,250 Equity Shares of Re 1 /- each pursuant to exercise of options by its employees under the Texmaco Employee Stock Option Scheme 2014. Consequent to the allotment, the paid up capital of the Company has increased from 21,95,71,343 Equity Shares of Rs 1/- each to 21,95,76,593 Equity Shares of Re 1/- each.

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Virtual Global Education announces appointment of Global CEO
May 22,2017

Virtual Global Education has appointed Amit Srivastav as Global CEO.

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Vakrangee allots 169125 equity shares
May 22,2017

Vakrangee has allotted 169125 numbers of Equity Shares having Face Value of Re. 1/- each to the employees of the Company (the Allottees) pursuant to exercise of options under the companys Employee Stock Option (ESOP) Scheme. Post allotment of 169125 shares of face value of Re. 1/- each, the Companys issued and paid-up share capital stands increased to 529401545 Equity Shares of face value of Re. 1/- each aggregating to Rs. 52,94,01,545/-.

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Entertainment Network (India) discontinues its FM Radio Station at Panaji
May 22,2017

Entertainment Network (India) announced that the Company has discontinued the operation of FM Radio Station at Panaji - Goa with effect from 22 May 2017.

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Board of Chennai Meenakshi Multispeciality Hospital does not recommend dividend
May 22,2017

Chennai Meenakshi Multispeciality Hospital announced that the Board of Directors of the Company at its meeting held on 22 May 2017 have not recommended dividend.

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Tera Software appoints company secretary
May 22,2017

Tera Software has appointed B. Sowmya, as Company Secretary & Compliance Officer of the Company at board meeting held on 22 May 2017.

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Meghmani Organics appoints CFO
May 22,2017

Meghmani Organics has appointed Raj Kumar Mehta as CFO of the Company at board meeting held on 22 May 2017.

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Outcome of board meeting of DCM Financial Services
May 22,2017

DCM Financial Services announced that the Board of Directors of the Company transacted the following -

The Board considered & approved appointment of Medini Jaiswal (DIN: 07828197) as Independent Director on Board of the Company with effect from 22 May 2017.

The Board considered & approved appointment of Srishti Singh, as Company Secretary & Compliance Officer of the Company.

The Board considered & approved appointment of Medini Jaiswal (DIN: 07828197) as Independent Director on the Board of Global IT Options (DFS Securities), material subsidiary of DCM Financial Services.

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Board of Sanwaria Agro Oils approves bonus issue
May 22,2017

Sanwaria Agro Oils announced that the Board of Directors of the Company at its meeting held on 22 May 2017 has recommended bonus issue in the ratio of 1:1. The Board has approved increase in authorised capital of the company from Rs 40 crore to Rs 78 crore divided into 76 crore equity shares of Re 1 each and 20 lakh preference shares of Rs 10 each.

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