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Sundaram Finance standalone net profit declines 8.91% in the June 2016 quarter

Sundaram Finance standalone net profit declines 8.91% in the June 2016 quarter

Jul 30,2016

Net profit of Sundaram Finance declined 8.91% to Rs 90.18 crore in the quarter ended June 2016 as against Rs 99.00 crore during the previous quarter ended June 2015. Sales rose 0.45% to Rs 557.67 crore in the quarter ended June 2016 as against Rs 555.15 crore during the previous quarter ended June 2015.

ParticularsQuarter Ended
n++Jun. 2016Jun. 2015% Var.
Sales557.67555.150
OPM %78.6378.90-
PBDT151.72165.08-8
PBT132.54144.69-8
NP90.1899.00-9

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Rashtriya Chemicals & Fertilizers issues Commercial Paper for Rs 200 crore
Sep 24,2016

Rashtriya Chemicals & Fertilizers announced that in terms of the guidelines issued by the Reserve Bank of India, the Company has issued Commercial Paper for Rs.200 crore on 21 September 2016, in favour of HDFC Bank, having maturity date as 18 October 2016.

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Blue Circle Services to hold AGM
Sep 24,2016

Blue Circle Services announced that the th Annual General Meeting(AGM) of the company on 23 September 2016.

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Indo Amines to hold board meeting
Sep 24,2016

Indo Amines will hold a meeting of the Board of Directors of the Company on 4 October 2016.

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Raja Bahadur International to hold board meeting
Sep 24,2016

Raja Bahadur International will hold a meeting of the Board of Directors of the Company on 23 September 2016.

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Zenith Capitals to hold board meeting
Sep 24,2016

Zenith Capitals will hold a meeting of the Board of Directors of the Company on 23 September 2016.

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CCL Products (India) to hold board meeting
Sep 24,2016

CCL Products (India) will hold a meeting of the Board of Directors of the Company on 3 October 2016 to consider un-audited standalone financial results and un-audited consolidated financial results of the Company for the second quarter and half year ended September 30, 2016.

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ISF to hold board meeting
Sep 24,2016

ISF will hold a meeting of the Board of Directors of the Company on 30 September 2016.

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Asian Oilfield Services to hold board meeting
Sep 24,2016

Asian Oilfield Services will hold a meeting of the Board of Directors of the Company on 28 September 2016 to consider various options for fund raising including issue of further shares on rights basis (Rights Offer).

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KS Oils to hold board meeting
Sep 24,2016

KS Oils will hold a meeting of the Board of Directors of the Company on 1 October 2016 to consider approve and take on record the Annual Un-audited Financial results for the Quarter ended on March 31, 2016.

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JMD Telefilms Industries to hold AGM
Sep 24,2016

JMD Telefilms Industries announced that the 32th Annual General Meeting(AGM) of the company on 23 September 2016.

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Outcome of board meeting of Ashirwad Steels & Industries
Sep 24,2016

Ashirwad Steels & Industries announced that the Board of Directors of the Company at its meeting held on 23 September 2016 approved investment of up to Rs 10 crore in buying/ acquiring / investing in the equity shares of the Companys group/ associated companies and/ or in the companies in which the directors have substantial interest and further investment of upto Rs 5 crore in acquiring/ buying/ investing in the non- cumulative redeemable preference share capital of Non group / Non Associated companies.

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Board of Canara Bank approves rights issue and bond issue under MTN programme
Sep 24,2016

Canara Bank announced that the Board of Directors of the Bank at a meeting held on 23 September 2016 has permitted the Bank to :

- Raise additional equity share capital of an amount not exceeding Rs 1128 crore including premium by way of Rights Issue with GoI contribution of Rs 748 crore and Rs 380 crore from public shareholders;

Further, the board has also discussed on the issue of Medium Term Note (MTN) Programme and decide to :

- Issue Senior Unsecured Bonds in Foreign Currency in the range of USD 500 million in the International Market under the USD 2 Billion Medium Term Note (MTN) programme of the Bank for the purpose of providing funds to the overseas branches of the Bank (the Bank has so far raised USD 1100 million under this programme).

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Board of Tinplate Company of India approves change in CFO
Sep 24,2016

Tinplate Company of India announced that the Board of Directors of the Company at its meeting held on 23 September 2016 has appointed Sanjay Kumar Shrivastav as Chief Financial Officer and KMP of the Company with effect from 01 October 2016. Chacko Joseph will cease to be the Chief Financial Officer of the Company with effect from the same date 01 October 2016.

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JM Financial allots equity shares
Sep 24,2016

JM Financial announced that pursuant to the exercise of Stock Options by the eligible employees under the Employees Stock Option Scheme, the Allotment Committee of the Board, at its meeting held on 23 September 2016, has allotted 6,25,241 equity shares of the face value of Re. 1/- (Rupee One Only) each.

Subsequent to the allotment of equity shares as above, the paid-up equity share capital of the Company is Rs. 79,17,34,598/- representing 79,17,34,598 equity shares of the face value of Re. 1/- each.

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Virat Industries to hold board meeting
Sep 24,2016

Virat Industries will hold a meeting of the Board of Directors of the Company on 22 September 2016.

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