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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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NHPC plans to raise Rs 1756 crore
May 24,2017

NHPC plans to raise 1756 crore through issuance of W series corporate bonds on private placement basis. The Board of Directors of the Company will consider the proposal on 30 May 2017.

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Emkay Global Financial Services allots 15,000 equity shares
May 24,2017

Emkay Global Financial Services has allotted 15,000 equity shares under ESOP. Consequently, the paid up equity share capital has increased from 2,44,38,150 equity shares to 2,44,53,150 equity shares of Rs 10 each.

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Jubilant Industries appoints CFO
May 24,2017

Jubilant Industries announced that the Board of Directors has appointed Umesh Sharma as Chief Financial Officer of the Company with immediate effect.

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Board of PTC Industries approves increase in borrowing power
May 24,2017

The Board of Directors of PTC Industries at its meeting held on 24 May 2017 has transacted the following -

Shifting of registered office of the Company to AMTC plant site within local city limits.

Increase in borrowing power from Rs 150 crore to Rs 250 crore and creation of charge for securing borrowings up to Rs 250 crore.

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Mahindra & Mahindra plans to raise funds up to Rs 5000 crore
May 24,2017

Mahindra & Mahindra plans to raise funds by way of issuance of Securities including but not limited to secured/unsecured redeemable Non-convertible Debentures and/or Commercial Papers under Private Placement basis for an aggregate amount not exceeding Rs.5,000 crore. The Board of Directors of the Company will consider the proposal on 30 May 2017.

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Board of Media Matrix Worldwide approves change in directorate
May 24,2017

The Board of Directors of Media Matrix Worldwide at its meeting held on 24 May 2017 have taken note of the resignation of Bharat Bhushan Chugh from the office of Whole-time Director designated as Director (Finance) due to his pre-occupations w.e.f. 25 May 2017. However, he will continue as Non-Executive Director of the Company. The Board also appointed Sandeep Jairath as an Additional Director designated as Whole-time Director, a KMP w.e.f. 25 May 2017.

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Hil fixes record date for final dividend
May 24,2017

Hil announced that final dividend on Equity Shares, if declared at the meeting, will be credited / dispatched by Saturday 22 July 2017 to those members whose names shall appear on the Companys Register of Members and in respect of the shares held in dematerialized form, the dividend will be paid to members whose names are furnished by National Securities Depository Limited and Central Depository Services (India) Limited as beneficial owners as on the close of business hours on Tuesday 11 July 2017.

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Asahi India Glass to pay dividend
May 24,2017

Asahi India Glass announced that dividend, if declared, shall be paid on or after 16 August 2017.

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Sukhjit Starch & Chemicals to pay dividend
May 24,2017

Sukhjit Starch & Chemicals announced that dividend, if by the shareholders at the AGM, will be paid on and from 01 August 2017.

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Reliance Infrastructure InvIT Fund provides update on proposed IPO
May 24,2017

Reliance Infrastructure InvIT Fund (RInfra InvIT) has received the finalobservation letter from the Securities and Exchange Board of India (SEBI) for its proposed Initial Public Offering (IPO) of units representing an undivided beneficial interest in the Trust. The proposed issue size is Rs.2500 crore with an option to retain oversubscription upto 25% of the issue size.

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Shakti Pumps (India) appoints director
May 24,2017

Shakti Pumps (India) announced the appointment of Pramod Bhavsar as Non Executive Independent Director of the Company with effect from 19 May 2017.

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Board of Somany Ceramics decides to terminate JV agreement with Keraben
May 24,2017

Somany Ceramics announced that the Board of Directors of the Company at its meeting held on 24 May 2017 has decided to terminate the joint venture agreement executed between Keraben Grupo S.A. (formerly known as Keraben S.A.) and Somany Ceramics in the year 2006 for setting up of SKPL Ceramics (formerly known as Somany Keraben).

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Jubilant Life Sciences announces change in directorate
May 24,2017

Jubilant Life Sciences announced that the Board has, at its meeting held on 23 May 2017, appointed the following Additional Directors effective from 23 May 2017:

1. Vivek Mehra and Sushil Kumar Roongta as Independent Directors.

2. Priyavrat Bhartia and Arjun Shanker Bhartia as Non-Executive Non-Independent Directors.

The above Directors shall hold office till the next Annual General Meeting (AGM) and shall be eligible for appointment at the AGM.

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Johnson Controls-Hitachi Air Condition. India opens Engineering Excellence Centre
May 24,2017

Johnson Controls-Hitachi Air Condition. India has opened state of the art Engineering Excellence Centre in Delhi and Chennai to further strengthen its leadership position in the market.

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Steelco Gujarat announces change in directorate
May 24,2017

Steelco Gujarat has approved the resignation of Sundaram Srinivas Ranjan, director of the Company to be relieved w.e.f. 24 May 2017 and appointment of Amish Mehta as Non-Executive Director of the Company w.e.f. 24 May 2017.

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