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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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DCM Shriram consolidated net profit rises 124.38% in the December 2016 quarter
Feb 13,2017

Net profit of DCM Shriram rose 124.38% to Rs 136.65 crore in the quarter ended December 2016 as against Rs 60.90 crore during the previous quarter ended December 2015. Sales rose 9.30% to Rs 1359.11 crore in the quarter ended December 2016 as against Rs 1243.42 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales1359.111243.42 9 OPM %13.877.22 - PBDT182.8086.09 112 PBT151.9762.18 144 NP136.6560.90 124

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Grasim Industries allots 7685 equity shares
Feb 13,2017

Grasim Industries announced that the Stakeholders Relationship Committee of the Board of Directors of the Company has approved allotment of 7,685 Equity shares of Rs. 2 each of the Company upon exercise of stock options and restricted stock units under the Companys Employee Stock Option Scheme, 2006 and Employee Stock Option Scheme, 2013.

These shares shall rank pari passu with the existing equity shares of the Company in all respects and shall be subject to the provisions of the Memorandum and Articles of Association of the Company.

Consequent to the above allotment, the equity share capital of the Company stands increased to 46,68,09,205 equity shares of Rs. 2 each aggregating to Rs. 93,36,18,410.

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Muthoot Finance makes additional investment in Muthoot Homefin (India)
Feb 13,2017

Muthoot Finance announced that the Board of Directors of the Company in its meeting held on 13 February 2017, has decided to make an additional investment in Muthoot Homefin (India) (MHIL), Subsidiary Company by way of purchase of 17,00,000 equity shares of face value Rs. 10/- each at a price of Rs. 11.37/- per share aggregating to Rs. 1.93 crore approximately from an existing shareholder. Post the investment Muthoot Finance will have 88.27% shareholding in MHIL.,

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Praj Industries gets reaffirmation of credit ratings
Feb 13,2017

Praj Industries announced that CRISIL has reaffirmed the ratings as follows -

Cash Credit (Long Term) - CRISIL AA/ Stable
Letter of Credit & Bank Guarantee (Short Term) - CRISIL A1+

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Board of Dishman Pharmaceuticals & Chemicals recommends dividend
Feb 13,2017

Dishman Pharmaceuticals & Chemicals announced that the Board of Directors of the Company at its meeting held on 13 February 2017, inter alia, have recommended the dividend of Rs 1.2 per equity Share (i.e. 60%) , subject to the approval of the shareholders.

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Board of Veto Switchgears & Cables recommends dividend
Feb 13,2017

Veto Switchgears & Cables announced that the Board of Directors of the Company at its meeting held on 13 February 2017, inter alia, have recommended the dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Board of Suprajit Engineering recommends dividend
Feb 13,2017

Suprajit Engineering announced that the Board of Directors of the Company at its meeting held on 13 February 2017, inter alia, have recommended the dividend of Rs 0.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

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Upsurge Investment & Finance to hold board meeting
Feb 13,2017

Upsurge Investment & Finance will hold a meeting of the Board of Directors of the Company on 20 February 2017, to consider the appointment of Ms. Nikita Trivedi, Company Secretary & Compliance Officer of the Company.

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Board of DCM Shriram recommends dividend
Feb 13,2017

DCM Shriram announced that the Board of Directors of the Company at its meeting held on 13 February 2017, inter alia, have recommended the dividend of Rs 2.8 per equity Share (i.e. 140%) , subject to the approval of the shareholders.

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Board of AIA Engineering recommends dividend
Feb 13,2017

AIA Engineering announced that the Board of Directors of the Company at its meeting held on 13 February 2017, inter alia, have recommended the dividend of Rs 4 per equity Share (i.e. 200%) , subject to the approval of the shareholders.

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Prajay Engineers Syndicate to hold EGM
Feb 13,2017

Prajay Engineers Syndicate announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 8 March 2017 .

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Board of NRB Bearings recommends dividend
Feb 13,2017

NRB Bearings announced that the Board of Directors of the Company at its meeting held on 13 February 2017, inter alia, have recommended the dividend of Rs 1.4 per equity Share (i.e. 70%) , subject to the approval of the shareholders.

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Tree House Education & Accessories to hold board meeting
Feb 13,2017

Tree House Education & Accessories will hold a meeting of the Board of Directors of the Company on 13 February 2017, to consider and approve appointment of Mr. Deepak Valecha as an Additional Independent Non-Executive Director.

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Cheviot Company to hold board meeting
Feb 13,2017

Cheviot Company will hold a meeting of the Board of Directors of the Company on 20 February 2017, to discuss the Scheme of Amalgamation between Harsh Investments Private Limited (Transferor Company) and Cheviot Company Limited (Transferee Company) and their respective shareholders against which BSE Limited had issued an observation letter dated January 18, 2017.

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Ishan Dyes & chemicals to hold board meeting
Feb 13,2017

Ishan Dyes & chemicals will hold a meeting of the Board of Directors of the Company on 17 February 2017, to consider and approve the issue and allotment of 37,54,900 Bonus Equity Shares of Rs. 10/- each to the Equity Shareholders who are entitled thereto as on Record date fixed by the Company i.e. February 15, 2017 in the proportion of 1 (One) new Bonus Equity Share of Rs. 10/- (Rupees Ten only) each fully paid up for every 2 (Two) existing Ordinary Equity Shares of Rs. 10/- (Rupees Ten only) each fully paid up of the Company.

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