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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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IndusInd Bank strengthens presence in Gurgaon
Mar 03,2017

IndusInd Bank has recently inaugurated a branch in Gurgaon. The new branch is located at F-1 to F-4, Qutub Plaza, DLF Phase-1, Gurgaon, Haryana. With the inauguration of this branch, the Bank now has 29 branches in Gurgaon City.

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IndusInd Bank strengthens presence in Gurgaon
Mar 03,2017

IndusInd Bank has recently inaugurated a branch in Gurgaon. The new branch is located at F-1 to F-4, Qutub Plaza, DLF Phase-1, Gurgaon, Haryana. With the inauguration of this branch, the Bank now has 29 branches in Gurgaon City.

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Goa Carbon resumes operations at Bilaspur Unit
Mar 03,2017

Goa Carbon announced that its Bilaspur Unit located at 34-40, Sector B, Sirgitti Industrial Area, Bilaspur (Chattisgarh), has resumed operations from 02 March 2017.

There would not be any financial impact due to the temporary shutdown of the Companys Bilaspur Unit as there was sufficient inventory of finished material.

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Goa Carbon resumes operations at Bilaspur Unit
Mar 03,2017

Goa Carbon announced that its Bilaspur Unit located at 34-40, Sector B, Sirgitti Industrial Area, Bilaspur (Chattisgarh), has resumed operations from 02 March 2017.

There would not be any financial impact due to the temporary shutdown of the Companys Bilaspur Unit as there was sufficient inventory of finished material.

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Pidilite Industries allots 7,400 equity shares
Mar 03,2017

Pidilite Industries has allotted on 03 March 2017, 7400 equity shares of face value of Re.1/- each in the share capital of the Company for cash at par to the eligible employees of the Company who exercised their stock option under ESOS-2012. These shares shall rank pari passu, in all respects with the existing equity shares of the Company.

After allotment of aforesaid equity shares, the share capital of the Company stands increased from 51,26,75,330 to 51,26,82,730.

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Pidilite Industries allots 7,400 equity shares
Mar 03,2017

Pidilite Industries has allotted on 03 March 2017, 7400 equity shares of face value of Re.1/- each in the share capital of the Company for cash at par to the eligible employees of the Company who exercised their stock option under ESOS-2012. These shares shall rank pari passu, in all respects with the existing equity shares of the Company.

After allotment of aforesaid equity shares, the share capital of the Company stands increased from 51,26,75,330 to 51,26,82,730.

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MSTC supports the Promotion of Agri-Forest Produce of the North Eastern Region
Mar 03,2017

The Minister of State (Steel) Shri Vishnu Deo Sai said that the North-East Region is endowed with a climate for rich agri and forest produce but the growers do not have any market access for their produce and are compelled to be exploited by middle men leading to a very pitiable situation for them. The situation is also aggravated due to the lack of proper logistic supports in the region.

The Minister appreciated MSTCs vision towards developing an eco system bringing all the enabling partners such as North-Eastern Regional Agriculture and Marketing Corporation (NERAMAC), Central Railside Warehousing Corporation (CRWC), Packaging Company and Inland Waterways Authority (IWA).

The above ecosystem will not only improve the financial status of the growers but also prevent the crops from colossal wastage and make niche products available to the rest of the country. This collaborative effort may play an important role as envisaged in the Government Policy for the development of the north-east region.

In order to provide direct market access to the growers of the North-East region and also effective co-ordination and required services amongst the above agencies, MSTC has recently opened an office at Guwahati, which will be a nodal point to cater to the needs of all the sister states of the North-East.

MSTC, a PSU under Ministry of Steel has also been rendering services to the oil marketing companies and paramilitary forces including defence in this region since long. In addition, MSTC is eying on all the State Government Departments of North-East states to provide e-Commerce services.

To increase its presence and services in the North East Region, the Minister of State for Steel has advised MSTC to waive off the registration fees charged to the new buyers in the North East Region to increase its buyer base and help the region in reaping the benefits of the e-commerce services.

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Lancor Holding provides update on scheme of amalgamation
Mar 03,2017

Lancor Holding announced that the Honble Madras High Court has approved the Scheme of Amalgamation of Lancor Guduvancherry Developments (LGDL - Transferor - 1) and Lancor Sriperumbudur Developments (LSDL - Transferor - 2) with Lancor Holdings (LHL - Transferee) vide order dated 03 January 2017. Subsequently the company received the certified true copy of the order on 13 February 2017.

Further, Lancor Holdings (Transferee) filed the aforesaid Court order through appropriate e-forms with the Registrar of Companies (ROC), Chennai on 28 February 2017.

Consequently, the abovementioned companies viz., Lancor Guduvancherry Developments (LGDL) and Lancor Sriperumbudur Developments (LSDL) stand merged with Lancor Holdings w.e.f. 28 February 2017.

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Lancor Holding provides update on scheme of amalgamation
Mar 03,2017

Lancor Holding announced that the Honble Madras High Court has approved the Scheme of Amalgamation of Lancor Guduvancherry Developments (LGDL - Transferor - 1) and Lancor Sriperumbudur Developments (LSDL - Transferor - 2) with Lancor Holdings (LHL - Transferee) vide order dated 03 January 2017. Subsequently the company received the certified true copy of the order on 13 February 2017.

Further, Lancor Holdings (Transferee) filed the aforesaid Court order through appropriate e-forms with the Registrar of Companies (ROC), Chennai on 28 February 2017.

Consequently, the abovementioned companies viz., Lancor Guduvancherry Developments (LGDL) and Lancor Sriperumbudur Developments (LSDL) stand merged with Lancor Holdings w.e.f. 28 February 2017.

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Board of Sadhbhav Engineering approves change in directorate
Mar 03,2017

Sadhbhav Engineering announced that the Board of Directors of the Company at its meeting held on 03 March 2017 has transacted the following -

Conferred the Honorary title of Chairman Emeritus to Vishnubhai M Patel.

The Board has appointed Shashin V Patel, Non Executive Director as Chairman of the Company due to resignation of Vishnubhai Patel on health grounds.

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Board of SRS Finance accepts resignation of director
Mar 03,2017

SRS Finance announced that the Board of Directors of the Company in its meeting held on 03 March 2017 has accepted the resignation of Naveen Tanyal, Non Executive Director from the directorship of the Company with effect from 03 March 2017.

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Shreyas Intermediates announces resignation of director
Mar 03,2017

Shreyas Intermediates announced that Ramchandra Dhondu Ghanekar has resigned from the office of Whole-time Director of the Company with effect from 3 March 2017 due to his pre-occupation.

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Board of Sadbhav Infrastructure Project approves change in directorate
Mar 03,2017

Sadbhav Infrastructure Project announced that the Board of Directors of the Company at its meeting held on 03 March 2017 has transacted the following -

Conferred the Honorary title of Chairman Emeritus to Vishnubhai M Patel.

The Board has appointed Shashin V Patel, Non Executive Director as Chairman of the Company due to resignation of Vishnubhai Patel on health grounds.

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Board of Sahyog Multibase appoints director
Mar 03,2017

Sahyog Multibase announced that at the meeting of the Board of Directors of the Company held on 3 March 2017 interalia, Vishesh Gupta was appointed as an Additional Director of the Company w.e.f. 03 March 2017.

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Ind Bank Housing announces change in registered office
Mar 03,2017

Ind Bank Housing has shifted its registered office from 01 March 2017 to 3rd Floor, 480, Anna Salai, Nandanam, Chennai 600035.

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