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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 Geecee Ventures does not recommend final dividend
May 19,2017

Geecee Ventures announced that the Board of Directors of the Company at its meeting held on 18 May 2017 has not recommended any final dividend on the equity shares of the Company. The Board has appointed Ashish Ranka as CFO of the Company with effect from 18 May 2017. The Board has appointed Ashwin Kothari and Harisingh Shyamsukha as Whole Time Directors of the Company with effect from 18 May 2017.

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Outcome of board meeting of Manaksia Coated Metals & Industries
May 19,2017

Manaksia Coated Metals & Industries announced that the Board of Directors of the company at its meeting held on 18 May 2017 has approved the following -

(i). Appointment of Sailja Gupta as Company Secretary of the Company with immediate effect.
(ii). Considered, approved and adopted the Audited Financial Statements (both Standalone and Consolidated) for the year ended on 31 March, 2017.
(iii). Considered, approved and adopted the Audited Financial Results (both Standalone and Consolidated) for the quarter and year ended on 31 March, 2017.

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Board of Ashok Alco-Chem accepts resignation of director
May 19,2017

The Board of Directors of Ashok Alco-Chem at its meeting held on 18 May 2017 has approved the resignation of Umesh Kulkarni from the post of Independent Director of the Company with effect from 12 May 2017.

The Board has also recommended final dividend @10%, subject to approval of shareholder.

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Subex provides update on its overseas subsidiary - Subex Americas Inc.
May 19,2017

Subex announced that Subex Americas Inc., an overseas subsidiary of the Company incorporated in Canada, has repaid the principal amounts of loans availed by it aggregating to USD 12,000,000.

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Shares of Housing & Urban Development Corporation get listed
May 19,2017

The equity shares of Housing & Urban Development Corporation (Scrip Code: 540530) are listed effective 19 May 2017 and admitted to dealings on the Exchange in the list of B Group Securities

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Board of Vinyl Chemicals (I) recommends final dividend
May 19,2017

Vinyl Chemicals (I) announced that the Board of Directors of the Company at its meeting held on 17 May 2017, inter alia, have recommended the final dividend of Rs 1.8 per equity Share (i.e. 180%) , subject to the approval of the shareholders.

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Board of Rane Brake Lining recommends final dividend
May 19,2017

Rane Brake Lining announced that the Board of Directors of the Company at its meeting held on 17 May 2017, inter alia, have recommended the final dividend of Rs 9 per equity Share (i.e. 90%) , subject to the approval of the shareholders.

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Sunshine Capital to hold board meeting
May 19,2017

Sunshine Capital will hold a meeting of the Board of Directors of the Company on 27 May 2017, to consider and take on record Audited Quarterly Financial Results of the Company for the Quarter and Financial Year ended on 31st March, 2017

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Board of Sicagen India recommends final dividend
May 19,2017

Sicagen India announced that the Board of Directors of the Company at its meeting held on 17 May 2017, inter alia, have recommended the final dividend of Rs 0.6 per equity Share (i.e. 6%) , subject to the approval of the shareholders.

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Triveni Turbine to pay final dividend
May 19,2017

Triveni Turbine announced that final dividend for FY 2017, if approved by the shareholders at the AGM, will be paid on and from 25 August 2017.

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TCS in focus after collaboration with Qualcomm
May 19,2017

TCS announced that it collaborated with Qualcomm incorporated through its Qualcomm Wireless Reach initiative and FHI 360 to implement a digital solution that enriches lives of the fishing community in Senegal, leveraging the transformative power of wireless technologies. The announcement was made after market hours yesterday, 18 May 2017.

Strides Shasun anounced that it inked a pact with Vivimed Labs to set up two joint venture (JV) firms. The first JV -- a 50:50 joint venture company in India will own a US Food and Drug Administration (USFDA) approved formulation facility in Alathur, Chennai, Strides Shasun said in a regulatory filing. The second JV firm would come up in Singapore and will own various approved abbreviated new drug applications (ANDAs) and product pipeline, it added. The exercise provides additional capacity and de-risks manufacturing infrastructure, the company said. The transaction is expected to close on 31 May 2017. The announcement was made after market hours yesterday, 18 May 2017.

TD Power Systems consolidated net profit spurted 24323.17% to Rs 8.01 crore on 8.41% rise in net total income from operations to Rs 128.63 crore in Q4 March 2017 over Q4 March 2016. The announcement was made after market hours yesterday, 18 May 2017.

Coral India Finance & Housing announced that the meeting of board of directors of the company is scheduled to be held on 5 June 2017 to consider stock split. The announcement was made after market hours yesterday, 18 May 2017.

TeamLease Services consolidated net profit spurted 320% to Rs 38.4 crore on 23% rise in total revenue to Rs 822.5 crore in Q4 March 2017 over Q4 March 2016. The announcement was made after market hours yesterday, 18 May 2017. Net profit was positively impacted by the tax benefits availed under section 80JJAA of the Income Tax Act, 1961 and deferred tax benefits availed from the recently acquired subsidiaries.

Earnings before interest, tax, depreciation and amortization (EBITDA) rose 77% to Rs 14.7 crore in Q4 March 2017 over Q4 March 2016. This was achieved by way of margin expansion in general staffing and contribution from IT staffing during FY 2017.

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Outcome of board meeting of Alfa Transformers
May 18,2017

Alfa Transformers announced that the Board of Directors of the Company at its meeting held on 18 May 2017 approved the following -

Allotment of 6,49,412 Equity Shares of face value of Rs. 10/- each, pursuant to conversion of Fully Convertible Warrants.

The proposal of making Preferential issue of upto 4,40,000 Fully Convertible Warrants each to the persons belonging to Promoter Category and Non- Promoter Category.

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Outcome of board meeting of Sunil Healthcare
May 18,2017

The Board of Directors of Sunil Healthcare in their meeting held on 18 May 2017 has approved the plan for expansion of production capacity of Empty Hard Gelatin Capsule from 11 billion to 13 billion (appox) p.a. for the financial year 2017-18. In preparation for this expansion the company will undertake a partial shutdown of few of its manufacturing lines for a short period on Q1 F.Y. 2017-18.

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Board of Tanla Solutions accepts resignation of director
May 18,2017

The Board of Tanla Solutions has accepted the resignation of Gautam Sabharwal as Director of the Company with effect from 31 May 2017.

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James Hotel announces resignation of director
May 18,2017

James Hotel announced that Neeraj Mohindroo has resigned from Directorship of the Company with effect from 15 April 2017. The resignation has been taken note by the Board of Directors in its meeting held on 24 April 2017.

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