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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 Suyog Telematics appoints company secretary and compliance officer
Feb 07,2017

The Board of Directors of Suyog Telematics at its meeting held on 07 February 2017 has appointed Nishtha Agarwal as Company Secretary and Compliance Officer of the company.

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Board of Dhunseri Petrochem appoints MD
Feb 07,2017

The Board of Directors of Dhunseri Petrochem at its meeting held on 07 February 2017 has appointed Aruna Dhanuka, Additional Director as Managing Director of the Company with effect from 10 February 2017 for a period of 5 years.

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Board of NHPC approves proposal to buyback shares upto an aggregate Rs 2616.59 cr
Feb 07,2017

NHPC announced that the Board of Directors of the Company at its meeting held on 07 February 2017 has approved the proposal to buyback of equity shares of the Company not exceeding 81,13,47,977 shares (representing not more than 7.33% of the total number of equity shares in the paid up capital of the Company) at a price of Rs 32.25 per equity share for an aggregate consideration not exceeding Rs 2616.59 crore.

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Outcome of board meeting of Kavit Industries
Feb 07,2017

Kavit Industries announced that the Board of Directors of the Company at its meeting held on 07 February 2017 has decided to issue equity shares or warrants convertible into equity shares of Rs 10 each aggregating up to Rs 25 crore on preferential basis to Promoters/ Non Promoters subject to approval of shareholders in the EGM to be convened. The Board has decided to set up a subsidiary company in the name and style of Kavit Edible Oil. The Board has also taken on record the resignation of Nikhil Pednekar and changed designation of Nikhil Bhut from an Additional Executive Director to Additional Non Executive Director.

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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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